Governor Adbulrazaq Abdulrahman of Kwara state, Wednesday has approved the presentation of supplementary budget of N169 billion for 2021 to the State House of Assembly for approval, Thecitypulsenews learnt.
This was contained in a statement signed by Mrs Olaitan Buraimoh.
The statement reads “Kwara State Executive Council on Wednesday approved the presentation of a revised 2021 budget estimated at N169,167,143,768 to the State House of Assembly.
“The revised budget estimate is 23% higher than the approved 2021 budget of N137,684,915,550.”
The approval came after a detailed presentation of a memo on the budgetary performance by the Secretary to the State Government Prof. Mamman Saba Jibril.
He told the council that the revised budget seeks the appropriation of the N27.260b bond the state had recently accessed to execute some strategic social and economic infrastructural projects across the state.
The supplementary budget is billed for presentation to the House later this week