Governor Abdulrahman Abdulrazaq of Kwara State on Wednesday presented a sum of N162 billion as 2020 budget estimate for the state before the state House of Assembly.
The budget, tagged “Budget of Reconstruction and Reformation” has 53 per cent capital expenditure while recurrent expenditure stands at 47 per cent of the total budget estimate.
The governor, who presented the budget in less than 20 minutes, explained that the “budget estimate is contained in revenue projections and analysis targeted towards critical infrastructure and human capital development.”
Mr Abdulrazaq added that the budget proposal would focus on agricultural mechanisation, implementation of social investment programme to combat extreme poverty and support small scale businesses in the state.
The governor noted that development of education, health, culture, tourism, rehabilitation of sports facilities, rural and urban roads were also captured in the budget.
Mr Abdulrazaq appreciated the residents of the state for giving him the opportunity to serve the people of the state.
He applauded the state House of Assembly for its support to the executive arm of the state government since the inception of his administration.
In his remarks, the Speaker, Salihu Yakubu-Danladi, assured the executive arm of the state government of accelerated passage.
The speaker later announced that the budget had passed the first reading and referred the budget the House Committee on Rules and Business for further legislative actions.
The budget presentation, which was the first to be presented by Mr AbdulRasaq, was witnessed by the state Deputy Governor, Kayode Alabi, some members of the state executive council, traditional rulers and top government functionaries.