Politics
Yahaya Bello presents 2022 budget proposal of N145.8bn to Kogi Assembly
The Kogi State Governor, Yahaya Bello, on Thursday presented the 2022 budget proposal of N145.8 billion to the state House of Assembly for approval.
He said in the Appropriation Bill tagged: “Budget of Accelerated Results” N90.151 billion or 61.39 percent of the total budget was earmarked for recurrent expenditure and N55.744 billion representing 38.21 percent was for capital expenditure.
According to him, the total budget package for 2022 was N145.896 billion compared to the revised 2021 budget of N160.560 billion.
He said: “This represents a decrease of N14.664 billion or 9.13 percent when compared with the 2021 Revised Budget.”
Bello said out of the total estimated Recurrent Revenue of N96.792 billion, the Estimated Personnel Cost for the period was N45.119 billion while N45.031 billion was set aside as Overhead Costs.
READ ALSO: Nigeria will heave sigh of relief when I succeed Buhari in 2023 – Yahaya Bello
He gave the total budget expenditure outlay as follows: Administration – N50.23 billion (34.43 percent) and Economic – N41.926 billion (28 percent).
Others are Law and Justice – N4.720 billion 3.24 per (cent) and Social – N49.015 billion (33.6 percent).
“In order to keep government machinery working and avoid derailment by any means, we have factored into this Budget, outcomes, and targets consistent with those Sustainable Development Goals (SDGs) identified in our blueprint documents as urgently needed by the larger spectrum of our populace,” the governor said.
Join the conversation
Support Ripples Nigeria, hold up solutions journalism
Balanced, fearless journalism driven by data comes at huge financial costs.
As a media platform, we hold leadership accountable and will not trade the right to press freedom and free speech for a piece of cake.
If you like what we do, and are ready to uphold solutions journalism, kindly donate to the Ripples Nigeria cause.
Your support would help to ensure that citizens and institutions continue to have free access to credible and reliable information for societal development.
INVESTIGATION: In Kwara, multimillion-naira milk processing plant is abandoned, converted to a chicken outlet
After the government spent millions of naira to establish a milk processing plant in Kwara State that would provided jobs...
SPECIAL REPORT: For Sokoto communities, promise of healthcare is akin to death sentence
In this story, ABDULRASHEED HAMMAD delves into the dire realities of Primary Health Care services in Sokoto State, shedding light...
ICYMI…SPECIAL REPORT: NNPCL hides behind PIA to frustrate disclosure, accountability
Nigeria’s major oil company, Nigerian National Petroleum Corporation Limited (NNPCL), in what appears to be a common practice of disregard...
INVESTIGATION: Multi-million naira Ekiti resort center remains uncompleted a decade after
The multimillion-naira project, expected to comprise recreational buildings, now consists of cassava farmland, a bush used for excretion, and a...
SPECIAL REPORT: Torturous experiences of students with disabilities in Oyo tertiary institutions
For students with disabilities in Oyo state-owned tertiary institutions, learning is a torturous and distressing experience, considering the building structures...