Governor Yahaya Bello has presented a budget of N145,896,072,913 to the Kogi State House of Assembly for 2022.
He proposed N90,151,291,251 for recurrent, representing 61.79 per cent and N55,744,781,662 for capital, representing 38.21 per cent.
The governor said the budget tagged, “Budget of Accelerated Result” was designed to achieve important macroeconomic goals while ensuring effective delivery of good governance.
The governor added that emphasis would be on completing all ongoing projects and adding new projects in areas of critical need, expanding revenue generation so as to reduce over-dependence on federation allocation and maintaining a sustainable debt position thereby reducing the state domestic debt profile.
He also said that the budget would seek to provide a conducive environment for investors and donor agencies to operate in the state while enhancing greater transparency, accountability and proper public expenditure management.