From Our Correspondent
Kogi State House of Assembly has passed into law, the 2025 Appropriation Bill of N582,404,119.489.
The passage of the budget followed the adoption of the report of the House Standing Committee on Appropriation, Budget Monitoring and Economic Planning.
At the clause-by-clause consideration by the Committee of Supply, Speaker Aliyu Yusuf said the bill had authorised recurrent expenditure of over N281,153,215,687, while the authorised capital expenditure stood at over N301,280,903,802.
According to the speaker, the bill, which had shown the allocation of funds to each ministry, department and agency, takes effect from January 1, 2025 and ends December 31, 2025.
Yusuf thanked the lawmakers for discharging their fundamental responsibility in attending to the budget.
It would be recalled that Governor Ahmed Ododo had on December 3, presented N582,404,119.489 as Kogi State’s 2025 appropriation bill for approval by the Assembly.
