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| Kogi Gov., Yahaya Bello. |
Kogi
State Governor, Alhaji Yahaya Bello has presented the 2020 appropriation
budget estimated at N176, 123, 091, 931, covering both recurrent and
capital expenditures of N78, 969,128,737 (44.84%) and N97,153,963,194 (55.16%)
respectively.
The
budget was presented on Wednesday at the Kogi State Assembly chamber by the
Deputy Governor, Honourable Edward Onoja on behalf of the governor, who outlined
administration, economic, law and justice and social as categories the
appropriation was categorized into, pointing out that as against N158,172,060,971
Revised Budget for year 2019, the 2020 budget recorded an increase of
N17,951,030,960 (10.19%.)
Bello
noted in his address that the draft 2020 Budget was another opportunity to work
together to achieve what was best for Kogi State, as the 2020-2022 Multi-Year
Budget was premised on Zero-Based Budgeting principles and tailored towards
actualizing the State's Development Plan, highlighting that the appropriation
aimed at Improving the efficiency and effectiveness of spending, ensure greater
control of the wage bill and also directing capital expenditure to critical
infrastructure.
He
also mentioned key sectors like Agriculture, Health, Education, Solid minerals
and others as major beneficiaries of the budget aimed at economic
revitalization and prosperity, affirming that his administration would strive
to complete every single project started in each of the 21 Local Government
Areas, initiate new ones and also pay the contractors that have been commissioned
to work, promising to cut the cost of governance and ensure that that the
people were the ultimate beneficiaries of public resources.
The
governor asserted that he was confident that the state assembly would ensure a
proper scrutiny and approve a budget that would be in the interest of the
State, particularly its people.
And
in his opening address, the Speaker of the Assembly promised the Governor of a
speedy assessment and scrutiny of the 2020 budget to facilitate its prompt implementation.
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