The Senate will be given the $644 billion 2026 Appropriation Bill on Monday, according to Kwara State Governor AbdulRahman AbdulRazaq.
According to a statement from the Governor’s Chief Press Secretary, Rafiu Ajakaye, at least 65.95% of the fiscal plan is allocated for capital expenditure, while the remaining 85% will be used for recurring expenses like helping the poor and cutting back on worker welfare.
The Governor said the fiscal plan will concentrate more on completing the state’s current capital projects and laying the groundwork for new ones that are in line with the state’s strategic goals.
He stated, “With deep gratitude to God for His mercies and guidance, I once more appear before this Honourable House to lay the 2026 Appropriation Bill in accordance with Section 121 (1) of the Federal Republic of Nigeria Constitution.”
“The total size of the proposal is N644, 004, 816, 893.00.65.98% of this fiscal plan goes to capital expenditure, while the rest (34.02%) takes care of recurrent spendings.
These allocations indicate the new year’s course for us. To improve our response to kidnapping and bad-faith actors’ activities, we will concentrate more on completing ongoing projects and make investments in areas that require urgent assistance, such as security equipment, vehicles, and technologies.
To strengthen Kwara’s position as the nation’s strongest service, creative, and tech economy, “a few other projects are also planned.”
The national economic outlook for the year is based on the following: US$64.85, daily US$1.14 per US dollar, N$400, and GDP growth of 4.6%, according to the Consolidation and Sustained Growth budget.
When finished, “we are confident that our projects will help to strengthen the state’s economic foundation, improve the environment for business, foster employment and sustainable development, and give the poor more resources to expand social protection.”
We support each and every tier of our state’s well-being. Not just the size of the plan (26.6%), but also the inclusion that characterizes our administration, demonstrate this. For instance, I recently approved a change in the compensation of medical officers to attract and keep professionals for the good of our citizens.
To complement our infrastructural upgrades across the health and education sectors, a new Teachers Salary Allowance (TSA) will be implemented in 2026. We are investing heavily in Alfalfa Estate to combat the conflict between herder-farmers, promote food security, and empower thousands of our citizens along the value chain.
Our budget has never been just a proposal. It consistently delivered on our promise to leave Kwara much better than we expected, including restoring its status as a nation’s premier state.
We completed 38 new roads and 29 new interlock access lanes across the state in the upcoming year. The three Senatorial Districts are currently working on 264.202 km of roads at various stages.
The Innovation Hub has been completed as of right now, growing our tech economy by more than $20 million and providing excellent value to everyone. Along with investments in agriculture across various value chains, we have also accomplished significant milestones with the Kwara Hotel, International Conference Center, Patigi Regatta Motel, Dada Pottery, Shea Butter Factory, Shonga ICT Complex, Prototype Primary School Adeta, Revenue House, and Indoor Sports Hall, Senator Oluremi Tinubu Hospital.
“Even more impressive things were accomplished in the water, health, and education sectors. Since then, Kwara State University has offered its Osi and Ilesha Baruba campuses, expanding the scope of education for our citizens.
Construction work has already begun in the Kwara Smart City following the completion of the foundation-laying ceremony for the Kwara State University of Education’s permanent site. In the upcoming year, much more will be accomplished.
The 2026 budget is crucial to our administration’s legacy, and I urge the House to take action right away.
The House is then given the 2026 Appropriation Bill with this.
Ribadu criticizes Fubara’s leadership in “Tinubu Is Happy With You.”
Salihu Yakubu-Danladi, the governor’s representative, praised him for “respecting the principle of separation of power, transparency, dedication to duties, visible projects in infrastructure, agric and food security, and a raise in salaries for employees, among others.”
By strictly adhering to the principles of transparency and accountability when using public resources, your administration has demonstrated a high level of fiscal discipline. According to him, this commitment has strengthened the Legislature-Executive Partnership for Good Governance and furthered public confidence in it.
“Let me say that the numerous projects and programs being carried out across the State under Your Excellency’s leadership have given us a special boost.”
He praised the governor’s inclusive approach to governance, noting that the House is still committed to engaging with relevant MDAs, ensuring the outcome reflects the state’s priorities, and giving the proposal the attention it deserves.
The cabinet members, first-class traditional rulers and Magajis led by the Etsu Patigi Ibrahim Umar Bologi II, who contested the seat of Emir of Ilorin, Dr. Ibrahim Sulu-Gambari, CFR, were present at the budget session.
Source: Channels TV
Leave a Reply