Kwara State Assembly Passes ₦656.5bn 2026 Budget with ₦10.5bn Increase
The Kwara State House of Assembly has approved a ₦656.5 billion budget for 2026, representing a ₦10.5 billion increase from the original proposal by Governor Abdulrahman Abdulrazaq. The budget was passed after thorough scrutiny to ensure fiscal realism and effective implementation.
The recurrent expenditure was increased to ₦409.6 billion, while capital expenditure was raised to ₦271 billion to fund key infrastructure projects. Speaker Yakubu Danladi Salihu emphasized the need for the budget to align with development priorities and economic realities, focusing on fast-tracking critical projects and enhancing service delivery.
The debt service for 2026 is projected at ₦14.2 billion. The Assembly aims to ensure prudent implementation and public accountability in spending for the benefit of the people of Kwara State.
Plus234Feed summary based on reporting from Punch Newspapers. Read the original report below.
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