The Kwara State executive council, on Wednesday, approved the presentation of a revised 2021 budget estimate of N169,167,143,768 to the state House of Assembly.
A statement by the State Commissioner for Communications, Mrs Bosede Olaitan Braimoh, on Wednesday, said the revised budget estimate is 23 percent higher than the approved 2021 budget of N137,684,915,550.
The executive council’s approval followed a detailed presentation of a memo on the budgetary performance by the Secretary to the State Government, Professor Mamman Saba Jibril.
The revised budget seeks the appropriation of the N27.260bn bond, the state had recently accessed to execute some strategic social and economic infrastructural projects across the state.
The revised budget is also billed for presentation to the House of Assembly later this week, the statement added.174