Kwara House of assembly approves N656.5bn 2026 budget 

By Mosunmola Ayobami, Ilorin 

The Kwara State House of Assembly has approved a total 2026 budget size of  N656.5 billion, representing an increase of N10.5billion over the initial estimate presented by Governor AbdulRahman AbdulRazaq.

The Speaker of the House, Engineer Yakubu Danladi Salihu, disclosed this at the plenary on Friday, following the consideration of the report of the House Committee on Finance and Appropriation.

A breakdown of the revised budget shows that the state’s recurrent revenue has increased to over N409.6billion, reflecting an upward review of about N10.5 billion. 

Meanwhile, recurrent expenditure was reduced to N212.6billion , a cut of over N6.4, in line with efforts to strengthen fiscal discipline.

The Speaker further explained that transfers to the Capital Development Fund have been raised to N271billion, up from N254 billion, to boost funding for capital projects across the state, adding that total debt servicing for the 2026 fiscal year now stands at N14.2, slightly higher than the earlier proposal.

Engineer Danladi said the adjustments were made to ensure prudent financial management and to support the effective implementation of government programmes and projects in Kwara State, praising the House Committee on Finance and Appropriation, under the chairmanship of Ariola Fatimah Lawal with her support described it as a job well done.

The Speaker further appreciated the heads and officials of all Ministries, Departments, and Agencies (MDAs) in the state for their cooperation and support to the House during and after the ministerial project presentations across the various sectors.

Speaker, directed the Clerk of the House to prepare and transmit a clean copy of the budget to the Governor for his assent.