- Have any questions?
- contact@ymonitor.org
Budget tracker: Details of the Kogi proposed 2017 Budget
by Usman Alabi
The budget is tagged: ‘Budget of New Direction”
The total figure of the Budget is N174 billion divided into recurrent expenditure of N58,531,404,254 representing 33.47% and capital expenditure of N116,320,140,269 representing 66.53%
The budget is an increase of N74,852,870,262 or an increase of 74.85% compared with 2016 approved budget.
Administration gulps N43,442,160,340 representing 24.84% of the budget
Economic sphere would take N80,424,600,499 representing 45.99% of the budget
Law and Justice takes N6,886,015,914 representing 3.94% of the budget
Social sector takes N44,098,767,770 representing 25.23% of the budget
Estimated recurrent revenue is N81,666,312,024 consisting of N32,181,492,459 from internal sources, N35,309,699,767 as State’s share from the Federation Account. N8,085,355,569 revenue from value Added Tax (VAT), N2,209,764,229 from exchange differencials and N3,880,000,000 from Budget Augmentation.
Hence funds available for recurrent expenditurein 2017 is N81,666,312,024, of which estimated personnel cost for the period is N32,734,234,264 whereas N25,797,169,990 is overhead costs thereby giving total recurrent expenditure for the year 2017 to be N58,531,404,254.
Total transfer surplus from the above is N23,134,907,770 which becomes the Capital Development Fund.
Estimated capital receipt is N93,185,232,499 comprising N63,185,232,499 of capital receipt analysis by economic, N30,000,000,000 as Aids and Grants. But the addition of Transfer surplus of N23,134,907,770, total funds available for capital development projects is N116,320,140,269.
Based on the above, in the words of the governor “In summary, our total estimated revenue (ie recurrent revenue and capital receipts) stands at N174,851,544,523 for the year 2017, making total estimated expenditure (i.e Recurrent and Capital) stands at N174,851,544,523 for the year 2017 thereby making our 2017 Budget a balanced budget.
The budget performance for the 2016 budget is a little above 50 per cent, in respect to this do you think the state has what it takes to achieve more than a seventy per cent budget performance, even if the budget is a balanced budget. Share your views with us in the comment box below.
61 Comments
Thank you ever so for you blog post.Really thank you! Much obliged.
Great, thanks for sharing this post.Really looking forward to read more. Keep writing.
Thanks-a-mundo for the article.Really looking forward to read more. Awesome.
Major thankies for the article.Really looking forward to read more. Will read on…
I appreciate you sharing this post.Really looking forward to read more. Much obliged.
Very good blog post. Awesome.
Major thanks for the post.Really looking forward to read more. Will read on…
I really enjoy the post. Will read on…
This is one awesome blog.Really thank you!
wow, awesome article post.Really thank you! Want more.
Great, thanks for sharing this blog article.Thanks Again. Awesome.
I really like and appreciate your blog article.Much thanks again. Great.
I think this is a real great blog article.Much thanks again. Will read on…
Major thankies for the blog post. Want more.
Really enjoyed this article post.Much thanks again. Great.
Thank you for the good writeup. It in fact was once a entertainment account it.
Glance complex to far brought agreeable from you!
By the way, how could we keep in touch?
I go to see daily a few sites and websites to read articles, except
this blog provides feature based writing.
Wow, marvelous blog layout! How long have you
ever been running a blog for? you make running a blog glance easy.
The total glance of your site is magnificent, as well as the content!
Really informative blog. Keep writing.
A round of applause for your article post.Thanks Again. Awesome.
An impressive share! I have just forwarded this onto a co-worker who has been doing a little research on this.
And he actually bought me dinner due to the fact that I stumbled upon it for him…
lol. So allow me to reword this…. Thank YOU for the meal!!
But yeah, thanx for spending the time to discuss this matter here on your web site.
Muchos Gracias for your article.
Awesome blog. Want more.
Hi, Neat post. There’s a problem along with your web site in web explorer,
could check this? IE still is the marketplace chief and a
big portion of folks will omit your fantastic writing due to this problem.
This is one awesome blog.Much thanks again.
Thanks a lot for the blog post.Much thanks again. Really Cool.
I really enjoy the article.Really looking forward to read more. Much obliged.
I truly appreciate this article post.Thanks Again. Great.
Thanks-a-mundo for the article post.Really looking forward to read more. Keep writing.
Good respond in return of this issue with real arguments and telling the whole
thing regarding that.
Very good article.Much thanks again. Really Great.
Really enjoyed this article post.Thanks Again. Keep writing.
Say, you got a nice blog article.Really looking forward to read more. Much obliged.
Very good blog article.Much thanks again. Much obliged.
Wow, great post.Really thank you! Will read on…
Appreciate you sharing, great article.Thanks Again.
Thank you ever so for you blog post. Really Great.
Thanks-a-mundo for the blog post.Thanks Again.
Wow, great blog.Really looking forward to read more. Much obliged.
Thanks so much for the blog post.Much thanks again. Really Cool.
Pretty nice post. I just stumbled upon your weblog and wished
to say that I’ve truly enjoyed browsing your blog posts.
After all I will be subscribing to your rss feed and I hope you write again very soon!
Very great post. I just stumbled upon your blog and wished to mention that I have truly loved
surfing around your weblog posts. After all I’ll be subscribing in your rss feed and I am
hoping you write once more very soon!
Thanks for the blog article.Much thanks again. Will read on…
Thank you for the auspicious writeup. It in fact was a amusement account it.
Look advanced to far added agreeable from you! By the
way, how could we communicate?
Thank you ever so for you blog.Thanks Again. Really Cool.
I appreciate you sharing this blog.
I value the blog article.Thanks Again. Really Great.
It is not my first time to pay a quick visit this website, i
am visiting this website dailly and obtain good facts from here all the time.
I really liked your article post.Thanks Again. Awesome.
Enjoyed every bit of your blog article.Thanks Again. Great.
Hi, Neat post. There’s an issue along with your web site in internet
explorer, would check this? IE nonetheless is the marketplace leader and a huge portion of people will pass over your wonderful
writing due to this problem.
Thanks again for the blog post.Really looking forward to read more. Cool.
Fantastic blog article.Much thanks again. Keep writing.
Awesome blog article. Want more.
Your style is unique compared to other folks I’ve read stuff from. I appreciate you for posting when you have the opportunity, Guess I will just book mark this site.
I really enjoy the blog.Really thank you! Keep writing.
This is one awesome blog article.Really thank you! Great.
Major thanks for the post. Awesome.
Great, thanks for sharing this blog post.Much thanks again. Cool.
Thanks for the blog.Really thank you! Cool.
Great, thanks for sharing this blog post.Thanks Again. Really Cool.