KWSG Commences Deliberations on 2026 Revised Budget

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The Kwara State Government has commenced deliberations on the 2026 Revised Budget, with a focus on aligning government expenditure with actual revenue performance and strengthening fiscal discipline across Ministries, Departments and Agencies (MDAs).

The Commissioner for Planning and Economic Development, Dr. (Mrs.) Mary Ronke Arinde, disclosed this today while welcoming representatives of MDAs to the budget review exercise, while explaining that the mid-year review provides an opportunity to address challenges observed in the implementation of the approved budget, including over-expenditure, inadequate funding and the over-budgeting of programmes and projects.

According to her, the exercise is intended to ensure that budgetary allocations reflect current economic realities and the State’s revenue outlook for the remainder of the fiscal year.

Dr. Arinde noted that one of the key issues under consideration is the need for budget revisions to be guided by actual revenue performance, particularly receipts from the Federation Account Allocation Committee (FAAC) and Internally Generated Revenue (IGR), rather than expenditure projections submitted by MDAs and stated that the Committee emphasised the completion of ongoing projects as a priority, adding that the initiation of new projects would only be considered with the approval of the Governor, Mallam AbdulRahman AbdulRazaq.

Speaking during the budget defence session, the Commissioner for Communications, Hon. Bolanle Olukoju, commended the Central Budget Committee for its thorough review process while presenting the Ministry’s 2026 budget proposal. 

She observed that the exercise would help eliminate irregularities, improve the accuracy of budget preparation and promote sound budgeting practices across the state.

The Committee expressed confidence that addressing these critical issues would result in a realistic and implementable revised budget that promotes prudent resource management, accelerates project delivery and enhances service delivery to the people of Kwara State.

Other priority areas identified during the deliberations include sustaining the current monthly allocation regime; ensuring the timely submission of expenditure and revenue performance reports by MDAs; providing adequate funding for the SABER and Ease of Doing Business reforms; strengthening compliance with Zero-Based Budgeting (ZBB) principles; accurately capturing capital receipts; and bridging the gap between budget approval and assent to prevent unauthorised expenditure.

The 2026 Revised Budget is expected to further reinforce the Kwara State Government’s commitment to transparency, accountability, and sustainable socio-economic development.

In attendance were the Commissioner for Finance, Dr. Hauwa Nuru; Executive Chairman of the Kwara State Internal Revenue Service, Dr. (Mrs.) Folashade Omoniyi; Permanent Secretary, Ministry of Finance, Dr. Folorunsho Rasak; Chairman of the Fiscal Responsibility Commission, Barr. Abubakar Othman; and directors from various Ministries, Departments and Agencies across the State.


*Ogundeji Oluwakemi Beatrice ANIPR,*
Assistant Press Secretary,
Ministry of Planning and Economic Development.
07060417080

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