Gov Abdulrazaq Unveils N644 Billion Budget for 2026 to Kwara Assembly

Table of Contents

1. Budget Presentation by Governor Abdulrazaq
2. Details of the Budget Proposal
3. Focus Areas of the Budget
4. National Economic Outlook
5. Impact of Completed Projects
6. Achievements in Various Sectors
7. Call to Action

Kwara State Governor, Malam Abdulraham Abdulrazaq, presented a budget of N644 billion to the state legislature for the 2026 fiscal year on Monday.

The total amount of the proposal is N644,004,816,893.00, with 65.98% allocated for capital expenditure, while the remaining 34.02% is designated for recurrent spending.

While presenting the budget to the state House of Assembly, Governor Abdulrazaq explained that the allocations indicate the direction the government will take in the upcoming year, emphasizing a focus on completing ongoing projects and investing in urgent needs such as security equipment, vehicles, and technology to improve responses to kidnapping and other criminal activities.

“The budget, titled 'Consolidation and Sustained Growth,' is structured around the following national economic outlook for the year: an oil price of US $64.85; daily oil production estimates of 1.84 million barrels; an exchange rate of N1,400 per US dollar; and a GDP growth rate of 4.68%,” he stated.

He expressed confidence that the completion of these projects will broaden the economic base of the state, create a more favorable business environment, foster job creation and sustainable development, and free up resources for enhanced social protection for the underprivileged.

“Our budget has never been merely a proposal. It has consistently fulfilled our commitment to improve Kwara, restoring its status as a leading state in the country.

“In the past year, we completed 38 roads totaling 108 kilometers and an additional 29 interlock access lanes across the state. Currently, 264.202 kilometers of roads are at various stages of completion across the three Senatorial Districts.

“As of today, the Innovation Hub has been completed, boosting our tech economy by over $20 million and providing significant value to all. We have also reached major milestones in key projects, including the Kwara Hotel, International Conference Centre, Patigi Regatta Motel, Dada Pottery, Shea Butter Factories, Shonga ICT Complex, Prototype Primary School Adeta, Revenue House, Indoor Sports Hall, and Senator Oluremi Tinubu Hospital, alongside agricultural investments across various value chains,” he added.

Governor Abdulrazaq further noted that impressive achievements have also been made in the education, water, and health sectors, with both campuses of Kwara State University in Osi and Ilesha Baruba now operational, expanding educational opportunities for the community.

“The 2026 budget is crucial for our legacy as an administration, and I urge this Honourable House to expedite legislative action on it.”

In his address, the Speaker, Yakubu Danladi-Salihu, praised the governor for the accomplishments achieved and assured a prompt review and passage of the appropriation bill.

Eze Chidiebere Paul

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