Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.

Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.

Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.


Wada presents N130.9 bn budget

05 December 2012, 08:12

Kogi - Gov. Idris Wada of Kogi on Tuesday presented an Appropriation Bill of N130.9 billion for 2013 fiscal year to the state House of Assembly.

Presenting the bill on the floor of the house, Wada said the budget tagged ``Budget of Transformation", was tailored toward meeting the yearnings and aspirations of the people.

He said that the budget was N4.7 billion or 3.5 per cent higher than the approved estimate of N126.2 billion budgeted for year 2012.

The governor said that that N65.5 billion of the 2013 budget would be spent on Recurrent Services while N65.4 billion would be expended on Capital Programmes and Projects.

Of the estimated total revenue projected for the 2013 fiscal year, the governor said N78.2 billion was expected from recurrent resources while N52.7 billion would be derived from capital receipts.

On sectoral allocations, transport sector got the lion share of N20.49 billion followed by general administration with N13.85 billion while education took the third place with N7.21 billion.

Others are health, N4.41 billion; water N5 billion; agriculture, N2.78 billion; housing, N1.75 billion; electrification, N1.34 billion; information, sports and social development, N1.15 billion while manufacturing sector got N920 million.

Wada said the budget was prepared with the ``strategic underpinning foundation’’ of moving the state where it ought to be in the nearest future.

``A well-planned budget is an instrument of economic policy, accountability and a management tool. It ensures financial discipline and curtails unnecessary expenditure," he noted.

The governor used the opportunity to thank the people of Kogi ``for their unflinching support and public spirited individuals and organisations, religious bodies, national and international agencies for their assistance to flood victims in the state.

Earlier, the Speaker of the house, Alhaji Momo-Jimoh Lawal, commended the governor's prudence in management of resources having managed the state without borrowing or asking for supplementary budget.

Lawal promised accelerated passage of the bill, saying that budget provided the opportunity for the executive and legislature to collaborate and co-manage the economy for sustainable development. (NAN)


Bogus corps agents target job seekers

26 November 2015, 13:09

Read News24’s Comments Policy

Comment on this story
Comments have been closed for this article.

Read more from our Users

Submitted by
Samson Chinedu Nwafor
Ebonyi govt budgets N3bn to rehab...

Ebonyi state government said it has budgeted three billion naira for the rehabilitation of natives of the state who are hawking in major cities across the country. Read more...

Submitted by
Samson Chinedu Nwafor
Pro-Biafra agitators reject South...

MASSOB, one of the Biafra secessionist groups on Wednesday rejected the Southeast Governors' resolutions arguing that they did not address the major issue behind their agitation.  Read more...

Submitted by
Don Tommy
Nnamdi Kanu - Beyond the propagan...

For anyone following events in Nigeria today, some of the things easily heard are Nnamdi Kanu and Radio Biafra was preaching hate but not too many take time to look at the message in detail. Read more...

Ohanaeze Ndigbo and the renewed s...

So even the leadership of our so-called Ohanaeze Ndigbo still lives and shares in the illusion that Biafra died in 1970?  Read more...

Submitted by
Hussain Obaro
Prince Abubakar Audu: The end of ...

Negative or positive, Prince Audu has done his bit on earth and he is gone to face the ultimate judgment of his creator. Read more...

Submitted by
Samson Chinedu Nwafor
Ebonyi college workers allege unl...

The crisis rocking the Ebonyi State College of Education Ikwo, has taken a new twist for the worse, as the management of the college has allegedly resorted to summary dismissal of some workers believed to be 'thorns' in its flesh.  Read more...