Kogi Assembly Passes N174.8b Budget

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Kogi state House of Assembly on Wednesday passed the N174.8 billion 2017 Appropriation Bill presented to it by executive arm of government and called for effective implementation of the budget.

The budget is over N75 billion higher than the 2016 budget.

The passage followed the third and final readings of the bill after clause-by-clause consideration under the chairmanship of the Speaker, Umar Imam at plenary session in Lokoja.

Estimated recurrent revenue was put at N81.6billion, while the expected capital receipts were put at N93.1billion.The recurrent expenditure summary showed that salaries and allowances are expected at N32.7billion with overhead cost standing at N25.7 billion.

Mr John Abah (PDP-Ibaji), Chairman of Committee on Finance, Appropriation and Budget Monitoring presented the committee’s report on the appropriation bill.

Speaker of the House charged members to be alive to their oversight legislative functions in ensuring that the budget was strictly implemented.


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