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Kogi Assembly Passes 2024 Budget Of N258.2 Billion bill

By Noah Ocheni, Lokoja

The Kogi State House of Assembly has passed into law the 2024 Appropriation Bill of over N258.2 billion naira.

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 Umar Yusuf said “the bill had in it authorized recurrent expenditure of over N145.7 billion naira while the authorized capital expenditure stood at over N112.5 billion naira.”

He said the bill which had shown the allocation of funds to each Ministries, Departments and Agencies would take effect from January 1, 2024 and end December 30, 2024.

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