Economy

Kwara State Governor Signs N137.6 Billion 2021 Appropriation Bill

Kwara State Governor Signs N137.6 Billion 2021 Appropriation Bill

Governor Abdulrahman Abdulrazaq of Kwara State has signed the state’s 2021 Appropriation Bill into law on Wednesday to further build infrastructural development and increase investment in the state.

The Bill has officially put an end to pension payments to former governors and deputy governors of the state following protests against the huge package these individuals received year after year despite not doing much to impact the state during their time at the corridor of power.

Governor Abdulrazaq commended the Kwara State House of Assembly members for the effort on signing the N137.6 billion Appropriation Bill into law.

This budget will build on the achievements of the previous years in the areas of education, health, and roads infrastructure. We are also focusing on youth empowerment, job creation, and social investments which are very critical at this point of our national life,” he said.

Rafiu Ajakaye, chief press secretary to the governor, explained that social protection is imperative at this time to prevent people from sliding into abject poverty. He commended President Muhammadu Buhari’s Conditional Cash Transfer (CCT) initiative going on in Kwara State.

I was pleasantly surprised that this initiative of Mr. President is being felt in the remotest parts of the country. When I visited the communities where some women beneficiaries of the (CCT) used same to start the construction of schools, I was very happy and we thank Mr President for that.

“I have since refunded the money of those women and I have also approved the construction (completion) of the schools. So, we are going to continue to invest in social protection,” he said.

Samed Olukoya

Is the CEO and Founder of Investors King Limited. He is a seasoned foreign exchange research analyst and a published author on Yahoo Finance, Business Insider, Nasdaq, Entrepreneur.com, Investorplace, and other prominent platforms. With over two decades of experience in global financial markets, Olukoya is well-recognized in the industry.

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