Gov. Bello Presents 2020 Appropriation Bill To Kogi Assembly

Hamilton Nwosa
Writer

Ad

SERAP Writes Tinubu, Demands Transparency in INEC’s Boss nomination

By Abiola Olawale The Socio-Economic Rights and Accountability Project (SERAP) has called on President Bola Tinubu to unveil the details of the selection process for the next Independent National Electoral Commission (INEC) chairman. With Professor Mahmood Yakubu's decade-long tenure set to expire in November 2025, SERAP warned that opacity in the appointment of the next…

Dangote Refinery: Crisis Cripples oil, gas supplies as PENGASSAN Declares Nationwide Strike

By Abiola Olawale In an escalation of tensions in Nigeria's oil and gas sector, the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has announced an indefinite nationwide strike starting Monday, September 29, 2025. The move comes in response to what the union described as the "unlawful dismissal" of over 800 Nigerian workers…

5 Countries That Offer Loans For Buying Property Overseas

Securing a mortgage for the purpose of buying property overseas is possible in select countries. It’s true that it can be more challenging, as many foreign banks are cautious about lending to non-residents. It’s also true that the terms will likely be different from what you’re used to, especially if you’re American. Don’t expect a…

Ad

Governor Yahaya Bello of Kogi State on Wednesday presented an Appropriation Bill of N176.123 billion to the state House of Assembly for approval.

Mr Bello, represented by his deputy, Edward Onoja said the budget was based on conservative projections.

The governor said the budget represented an increase of N17.951 billion or 10.19 per cent over the 2019 figure of N158.172billion.

He said the budget was made up of N78.969billion recurrent expenditure representing 44.84 per cent and N97.153 billion capital expenditure representing 55 per cent.

He said the budget had recurrent revenue of N92.932billion consisting of N21.032 billion Internally Generated Revenue (IGR) and N50.428billion Federation Account allocation.

The governor added that N17.5 billion was expected from Value Added Tax (VAT), N120 million from excess crude account and N100 million from exchange rate differential and N130.8 billion as refund from Federal Government.

The economic sector with N61.907 billion representing 35.1 per cent got the highest sectoral allocation, while administration got the second largest allocation with N57.234 billion representing 32.5 per cent.

Others were social sector with N49.3 billion, representing 28 per cent; law and justice with N7.6 billion representing 4.3 per cent.

(NAN)

Ad

Unlocking Opportunities in the Gulf of Guinea during UNGA80
X whatsapp