Budget speech 1977-78 by His Excellency Brigadier George Innih (Military Gov. of Kwara state)
Date
1977
Authors
Journal Title
Journal ISSN
Volume Title
Publisher
Ilorin: Kwara State Ministry of Information
Abstract
• Budget Overview • Financial Summary • Capital Allocation Breakdown by Sector • Key Sectoral Highlights & Policy Directives
Description
This document details the official Kwara State Budget for the 1977–78 fiscal year, presented on April 12, 1977, by Military Governor Brigadier George A. Innih. Guided by the philosophy "Cut Your Coat According to Your Cloth," the budget emphasizes fiscal prudence, financial discipline, and result-oriented performance in public administration. The total outlay is set at ₦339,393,587, divided into ₦98,149,725 for recurrent expenditure and ₦241,054,587 for capital development. Recurrent revenue is estimated at ₦119,708,106, primarily driven by statutory allocations and Universal Primary Education federal grants, yielding a recurrent surplus of ₦21,558,381. Capital receipts are projected at ₦162,684,989, leaving an overall budgetary deficit of ₦56,811,492.