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Headline : Gov Okpebholo presents N605.7bn budget proposal to Edo assembly.

Read more from the original article on here at www.premiumtimesng.com.





Tags : #gov #okpebholo #presents #n6057bn #budget #proposal #edo #assembly


No. of Paragraph 25

Governor Monday Okpebholo of Edo State on Tuesday presented N605. 7 billion budget estimates to the Edo House of Assembly for the 2025 fiscal year, representing a 25 per cent increase from the 2024 budget.

Presenting the budget christened “Budget of Renewed Hope for a Rising Edo” to the Assembly in Benin, Mr Okpebholo said capital expenditure would take N381 billion, representing 63 per cent, while recurrent is N223 billion, representing 37 per cent.

Mr Okpebholo said his administration planned to make a “huge difference” in the road sector by appropriating N162 billion for road construction across the state.

He appropriated N48 billion for education, while N500 million was appropriated to Ambrose Ali University, Ekpoma, as a monthly subvention to ensure its revival.

Read more from the original article on here at www.premiumtimesng.com.


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