April 20, 2024

Kogi Budget of Prosperity: A document drafted for transformation of Kogi State and Improved welfare for the people- Bode Adeyemi

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APC stakeholder and former Kogi West Senatorial Candidate, Omoluabi Bode Adeyemi has described the just presented Kogi State budget 2020 as a document carefully drafted to engender transformation and promote welfare of the people of Kogi State. He made the statement while reacting to the news of the presentation at the state House of Assembly complex, Omoluabi says the timing of the presentation is also another indication of the readiness of the state Government to tackle frontally, the challenges the state is faced with.

Omoluabi Bode Adeyemi says a careful perusal of the budget document indicates that the government is one committed to improving the economy, agriculture, education, basic infrastructure, health and solid minerals of the state in view of the allocations, revenue drive and clear cut policy framework to making the proposal a reality. He says the efforts of everybody is required to assist government to succeed.

Omoluabi however commended the governor, Alh Yahaya Bello and his outstanding Deputy, Chief Edward David Onoja for not letting the business of governance suffer, despite the rigours and stress of election process, which should have slowed down the drafting and presentation of an important document like this budglet. He says only patriotic and dutiful leaders like the Governor and his Deputy would would do that in the interests of good governance. He challenged the state House of Assembly to expedite action in the process of passage of the budget in the interest of the people of Kogi State.

The 2020 appropriation budget is estimated at #176, 123, 091, 931 covering both recurrent and capital expenditures of #78, 969,128,737 (44.84%) and #97,153,963,194 (55.16%) respectively.
The budget was presented on Wednesday at the Kogi State Assembly chamber by the Deputy Governor, Honourable Edward Onoja on the governor’s behalf.

The governor outlined administration, economic, law and justice and social as categories the appropriation was categorized into.

He pointed out that as against N158,172,060,971 Revised Budget for year 2019, the 2020 budget recorded an increase of N17,951,030,960 (10.19%.)

Governor Bello noted in his address that the draft 2020 Budget was another opportunity to work together to achieve what was best for Kogi State.

He pointed out that the 2020-2022 Multi-Year Budget was premised on Zero-Based Budgeting principles and tailored towards actualizing the State’s Development Plan.

Governor Bello highlighted that the appropriation aimed at Improving the efficiency and effectiveness of spending, ensure greater control of the wage bill and also directing capital expenditure to critical infrastructure.

He also mentioned key sectors like Agriculture, Health, Education, Solid minerals and others as major beneficiaries of the budget aimed at economic revitalization and prosperity.

He affirmed that his administration would strive to complete every single project started in each of the 21 Local Government Areas, initiate new ones and also pay the contractors that have been commissioned to work.

Governor Bello also promised to cut the cost of governance and ensure that the people were the ultimate beneficiaries of public resources.

The governor asserted that he was confident that the state assembly would ensure a proper scrutiny and approve a budget that would be in the interest of the State, particularly its people.

In his opening address, speaker of the Assembly promised the Governor of a speedy assessment and scrutiny of the 2020 budget to facilitate its prompt passage

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