kogi State House of Assembly has approved N500 million for the Kogi State University (KSU), Anyigba for the accreditation of some courses.
The Speaker, Rt. Hon Matthew Kolawole, made this known during the signing of the 2018 Appropriation Bill into law, at the Government House in Lokoja.
He said the money was approved in line with the resolution of the assembly members to support the executive’s education programmes. He said the lawmakers would be willing to assist in improving education in the state.
Of the N151,677,854,494 appropriated, personnel costs got N27,237,599,449, overhead costs, N36,741,761,784 and capital expenditure, N87,698,493,261. For the second year, the state is dedicating more than half of its budget to finance infrastructure as capital expenditure stands at 57.82 per cent of the total budget.
The budget reflected a reduction of over N23 billion from the 2017 budget.
Governor Yahya Bello commended the legislators for cutting short their break to ensure the timely consideration and passage of the Appropriation Bill.
He assured that there would be full implementation of the budget, stressing that he would not be distracted in his determination to make life better for the people.
“I shall not play politics with the fortune and destiny of the state,” he said, stressing that he would do everything within his power to actualise his promises to the people.
This budget, tagged Sustainable Growth, is specifically designed to address the infrastructure challenges in the state.
Subscribe to TN Daily!
TopNaija.ng is expanding! Content Interns & Bloggers Needed!