The Kogi State House of Assembly has officially approved the 2025 Appropriation Bill, amounting to N582.4 billion.

This monumental step was achieved following the thorough adoption of the report submitted by the House Standing Committee on Appropriation, Budget Monitoring, and Economic Planning.

During the clause-by-clause deliberations led by the committee of supply, Speaker of the House, Rt. Hon. Aliyu Umar Yusuf announced that the budget allocates N281.15 billion for recurrent expenditures, covering areas like salaries, overhead costs, and operational expenses.

On the other hand, a significant N301.28 billion is earmarked for capital expenditures, which will focus on infrastructural projects, development programs, and key investments aimed at boosting the state’s economy.

Rt. Hon. Yusuf made emphasis on the importance of the budget in addressing the needs of Ministries, Departments, and Agencies (MDAs).

He mentioned that it provides a clear framework for the allocation of resources across the board.

The implementation of this bill will commence on January 1, 2025, and run through December 31, 2025.

While commending the lawmakers for their dedication to their legislative duties, the Speaker expressed gratitude for their commitment to scrutinizing and refining the budget.

He praised their collaborative effort in ensuring that the bill aligns with the developmental priorities of Kogi State.