Gov. Bello presents 2020 Appropriation Bill of N176.123 bn to Kogi

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.

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