Kogi Gov signs N258.2bn 2024 budget into law
The Kogi State House of Assembly has passed into law the 2024 Appropriation Bill of N258.2bn
The passage 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, the Speaker Aliyu Yusuf said the bill had authorised recurrent expenditure of over N145.7 billion naira while the authorised capital expenditure stood at over N112.5 billion.
He said the bill which had shown the allocation of funds to each Ministries, Departments and Agencies takes effect from January 1, 2024, and ends December 30, 2024.