Biodun Esan, Ilorin
Kwara State Executive Council on Wednesday approved the presentation of N187,531,705, 929.00 revised budget to the House of Assembly.
Hon. Bode Towoju, Commissioner for Communications in a statement on Thursday in Ilorin said the revised budget would place emphasis on ongoing capital projects and consistent payment of the new minimum wage across board.
He said the revised estimate represents a shortfall of N2,085,781,695, or 1.1 per cent from the approved 2022 budget of N189.6bn.
The council approval was given following a presentation of the estimates and performance of the approved budget by Commissioner for Finance Florence Olasumbo Oyeyemi.
Towoju added that the council meeting was presided over by Governor AbdulRahman AbdulRazaq.
Oyeyemi said 52.34 per cent of the revised budget will go for recurrents, while capital expenditure will gulp the remaining 47.66 per cent.
The Commissioner said the recurrent peaked partly to accommodate rise in personnel cost.
She said this include full implementation of the minimum wage in the mainstream civil service, agencies and parastatals of the state government, including the Colleges of Education and other overhead items.
The proposal is expected to be submitted to the parliament soon.
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