By Boluwaji Obahopo
LOKOJA—Governor Yahaya Bello of Kogi State, yesterday, signed into law the 2017 appropriation bill as passed by the state House of Assembly, tagged Budget of New Direction.
Estimated recurrent revenue was put at N81.6 billion, while the expected capital receipt was put at N93.1 billion.
The summary of the recurrent expenditure shows that salaries and allowances are expected to gulp N32.7 billion with overhead cost of N25.7 billion.
While signing the budget into law, the governor urged the people of the state to pay their taxes as the appropriation does not translate into raw cash.