Kwara State Governor AbdulRahman AbdulRazaq yesterday presented N189.5 billion as 2022 budget estimate to the House of Assembly.
He laid the budget before the parliament, with capital expenditure grabbing 55.3 per cent of the fiscal plan and the remaining 44.7 per cent going for recurrent.
The budget is 12.5 per cent bigger than the revised budget of 2021, and focuses on completing ongoing projects and initiating new ones.
“The 2022 budget proposal we are presenting today has been designed to sustain the tempo of this phenomenal growth (we have recorded). It is, therefore, called ‘Budget of Sustained Reformation for Inclusive Growth’,” AbdulRazaq said.
