Kwara State Assembly Passes N656.5bn 2026 Budget, Prioritizing Development and Realism
The Kwara State House of Assembly has approved a N656.5 billion budget for 2026, surpassing the initial proposal by N10.5 billion. The budget, submitted by Governor Abdulrahman Abdulrazaq, was passed following a thorough review to ensure fiscal realism and effective implementation.
The Speaker of the House, Rt. Hon. Yakubu Danladi Salihu, highlighted the increase in recurrent expenditure to N409.6 billion and capital expenditure allocation to N271 billion, aimed at strengthening infrastructure development projects across the state.
The debt service for 2026 is projected at N14.2 billion. The budget adjustments are intended to fast-track critical projects and enhance service delivery in line with the state's development agenda.
The House emphasized the need for realistic implementation to maximize benefits for the people of Kwara State, ensuring prudent public spending and oversight.
Plus234Feed summary based on reporting from This Day. Read the original report below.
Read full article
Continue on This Day
Get the week in one email
Top stories, NPFL results, the naira — every Friday morning. Free, one email a week.
Related Stories
Kwara State Assembly Passes N656.6 Billion Budget for 2026, Prioritizing Capital Projects
Kwara and Benue States Propose N1.2 Trillion Budgets for 2026, Emphasizing Growth and Development
Kano Assembly Passes N1.47trn Budget for 2026, Focuses on Infrastructure Development
Nasarawa State Assembly Passes N545.2bn 2026 Budget Amid Economic Realities
Kwara State Urged to Make 2026 Budget Publicly Accessible, Says BBYDI
Nigerian Senate Passes 2026 Budget of 58.47 Trillion Naira for Economic Growth
Get Plus234Feed on messaging apps
Same headlines, delivered where you already scroll.
