Edo State Governor, Senator Monday Okpebholo has presented a budget estimate of N605 billion for the 2025 fiscal year for the consideration of the state House of Assembly.
The Governor who presented the Appropriation Bill tagged: tagged: “Budget of Renewed Hope for a Rising Edo” before the State House of Assembly on Tuesday, said it has an increase of 25 percent from the 2024 Budget.
Okpebholo said that 37% of the total sum, amounting to N223 billion will be dedicated to recurrent expenditure while the remaining N381 billion, which represents 63%, will go into capital projects.
He said the bill is a product of wide consultations, noting that it will ensure accountability and transparency in governance for responsive service delivery to the people of Edo state.
“The 2025 Proposed Budget is designed to achieve the goals of my five-point agenda. Which are: Security, Infrastructural, Development, Healthcare, Food sufficiency and Education.
“We have also prepared this budget…
Source: Leadership Newspaper