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OSBC | Osun State Broadcasting Corporation

Abdulrazaq Signs 2023 Budget Into Law

OSBC_Admin by OSBC_Admin
January 25, 2023
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Kwara State Governor AbdulRahman AbdulRazaq has signed N188.8 billion 2023 budget into law.
The Governor said that the fiscal document provides funding for completion of some ongoing projects and continuation of many of the administration’s impactful programmes.

The size of the budget is a few millions less than the N189.4 that the governor had proposed in his November 30, 2022 budget presentation speech.

The budget has a capital component of N94.8 billion (50.2%) and a recurrent component of N77. 6 (49.8%).
The Governor commended the Assembly for their collaboration with the executive, saying such harmonious relationships help to deepen the delivery of democratic dividends to the people.

Speaker Yakubu Danladi Salihu said the parliament properly scrutinized the budget and found it very important for continuous development of the state, especially completion of ongoing projects.

Some Assembly members and cabinet members witnessed the budget signing.

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