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Gov. Bello presents N258.2bn Kogi budget for 2024

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Gov. Bello presents N258.2bn Kogi budget for 2024

Gov. Yahaya Bello on Monday presented N258.2bn as Kogi state’s 2024 Appropriation Bill for approval by the state House of Assembly.

The presentation was made at the renovated Assembly Complex.

The budget is higher by N60.67bn, compared to N197.59bn Revised Approved Budget of 2023.

It has N145.73 billion as Recurrent Expenditure and a Capital Expenditure of N112.54 billion.

Presenting the bill before the state legislators, Bello said the budget, tagged: “2024 Budget of Consolidation and Continuity for Inclusive Growth”, was geared towards consolidating on the gains of the 2023 fiscal year.

“As I bid farewell to this honourable assembly today, I wish to extend my heartfelt gratitude again for your dedication to our state and people over the years and commitment to the growth and success of our dear state.

“As Jan. 27, 2024, when I will wind down my administration approaches, and we all prepare to welcome the new Government of Governor-Elect, Usman Ododo, it is my heartfelt desire that you extend even greater levels of cooperation to him (Ododo), ” he said.

On sectorial allocations, Bello said that the administration had N64.3bn; economy, N82bn; law and justice, N14.97bn and social affairs, N96.98bn.

He explained that the objective of the budget was to improve the quality of education at all levels, make it accessible to all citizens and produce the bulk of skilled manpower necessary for the economic transformation of the state locally.

According to him, it is to further democratise access to healthcare by sustained improvement in the efficiency of the healthcare delivery system, ensure food security and generate a high proportion of the GDP from agriculture.

(NAN)

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