The Kogi State House of Assembly has officially passed the 2025 Appropriation Bill, amounting to N582,404,119.489 billion. This major legislative action followed the adoption of a detailed report by the House Standing Committee on Appropriation, Budget Monitoring, and Economic Planning.
The passage of this bill marks a pivotal moment in Kogi State's fiscal planning for the upcoming year, setting the stage for various developmental initiatives across the state.
The Speaker of the Kogi State House of Assembly, Rt. Hon. Aliyu Umar Yusuf, presided over the clause-by-clause consideration of the bill during the committee of supply session. He announced that the bill authorized a recurrent expenditure of over N281,153,215,687 billion Naira, while the capital expenditure was set at over N301,280,903,802 billion Naira.
These allocations are designed to address the diverse needs of the state's Ministries, Departments, and Agencies (MDAs), ensuring that each sector receives adequate funding to fulfill its responsibilities effectively.
Governor Ahmed Usman Ododo had initially presented the appropriation bill on December 3, 2024, emphasizing its focus on social protection interventions, rural infrastructure development, and agricultural advancements.
The budget, aptly named the "Budget of All-Inclusive Development," aims to foster growth and inclusivity across Kogi State, addressing both urban and rural challenges.
The budget's approval is set to take effect from January 1, 2025, and will run through December 31, 2025. This timeline provides a structured framework for the implementation of various projects and programs outlined in the budget.
The Speaker expressed gratitude to the lawmakers for their diligent efforts in scrutinizing and approving the budget, highlighting their commitment to fulfilling their fundamental legislative duties.
The passage of the 2025 Appropriation Bill is expected to have far-reaching impacts on Kogi State's socio-economic landscape. With a substantial portion of the budget allocated to social services, the government aims to enhance the quality of life for its citizens, particularly in areas such as healthcare, education, and social welfare.
Additionally, the focus on rural infrastructure development is anticipated to improve connectivity and access to essential services in remote areas, thereby promoting equitable growth across the state.
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