Kogi State Governor, Captain Idris Wada has presented a budget proposal of N128,720,397,205 which is lower by 2.9 percent for 2014 fiscal year to the state House of Assembly for approval.
Wada disclosed the 2014 appropriation bill was tagged the Budget of Reality because the present administration has set aims and objectives for the people of the state after making realistic projections of resources that the state expect to be at its disposal in the year.
The governor explained that 2014 Draft Budget is lower with 3956447110 than N132676844415 for 2013, noting that out of the total amount budgeted for 2014 fiscal year N58698447305 will be used to finance recurrent expenditure, while sum of N70!021,950,000 was earmarked for capital expenditure for 2014
Wada noted that his administration is determined to pull and push all doors of opportunity for development of Kogi state to improve the standard of living of the people, pointing out that the state can achieve this if the people imbibe the “can do” spirit of partnership for development at all levels and evolve enduring policies that can answer the dynamic of the economy.
In the 2014 Draft Budget, Roads development takes the lion share with N20,421,000,000, Health N7,632,250,000 Water supply N7,268,000,000, Education N6,057,000,000,AgricultureN1,992,500,000,while general administration N12,568,200,000 and other sectors.
Speaking earlier, Speaker of Kogi state House of Assembly, Honourable Momoh Jimoh Lawal stated that government budgets are always well conceived, well intended and well planned, noting that the major area of challenge that is common to strata of governance is the implementation.
Lawal therefore urged all the Ministries, extra Ministerial departments and parastatals to be alive to their responsibilities and avoid any corrupt tendencies that could impede the process of successful implementation.