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Kogi State Allocates ₦2 Billion for Government House Remodeling Amid Debt Concerns

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Kogi State Allocates ₦2 Billion for Government House Remodeling Amid Debt Concerns

The Kogi State government plans to spend ₦2 billion on remodeling the government house, amidst mounting debt and weak revenue. The budget also includes funds for minor capital works and residential apartments for state lawmakers.

Concerns have been raised about the state's heavy debt burden and overreliance on federal allocations. The state's financial position is deemed fragile, with a significant portion of revenue earmarked for debt servicing.

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