Home News Governor Alex Otti Signs N750.28 Billion 2025 Abia State Budget into Law
News

Governor Alex Otti Signs N750.28 Billion 2025 Abia State Budget into Law

Share
Governor Alex Otti Bans Okada In Abia
Share

Abia State Governor, Alex Otti, has signed the N750,282,200,000 appropriation bill for the 2025 fiscal year into law.

The budget, recently passed by the Abia State House of Assembly, received the governor’s assent on Friday.

Governor Otti commended the lawmakers for their thorough scrutiny and swift passage of the budget, emphasizing that it would enable his administration to deliver quality services to the people of Abia.

“We can assure you that this government has its eyes on the ball and will continue to fulfill the promises we made to our people—promises to lift this state out of poverty and to ensure Abia never returns to being one of the dirtiest states, as it was in 2023,” the governor said.

Otti highlighted that 82 percent of the budget is dedicated to capital expenditure, with 18 percent allocated to recurrent expenditure.

READ ALSO: France Accused Of Plotting With Nigeria To Destabilize Niger Republic

He noted that this decision was made despite the financial challenges posed by the implementation of the new national minimum wage and the consistent payment of pensions.

The governor also provided updates on key projects that commenced in 2023, assuring that many of them would be delivered by 2025.

These projects include the Port Harcourt Road in Aba, Umuahia-Uzuakoli-Abiriba-Ohafia Road, Ohafia-Arochukwu Road to the Ini boundary, Okobo-Abam Road, the Omenuko Bridge, Nunya Road, as well as various hospitals and schools across the state.

Share

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles
Meningitis, Diphtheria Outbreaks Hit Nigeria: Kebbi, Lagos Record Fatalities | Daily Report Nigeria
News

Meningitis, Diphtheria Outbreaks Hit Nigeria: Kebbi, Lagos Record Fatalities

Meningitis has killed 26 people in Kebbi State, Nigeria, with 248 cases...

House of Reps Orders Shutdown of Porn Websites Nationwide | Daily Report Nigeria
News

House of Reps Orders Shutdown of Porn Websites Nationwide

The House of Representatives has directed the Nigerian Communications Commission (NCC) to...

NNPC logo and Dangote refinery site picture
News

NNPC Suspension of Naira-for-Crude Oil Deal with Dangote, Others, Spells Price Hike

NNPC terminates naira-to-crude oil agreement with domestic refineries, turns to payment in...

Keyamo Under Fire Over 'College of Leaders' in Delta APC | Daily Report Nigeria
News

Keyamo Under Fire Over ‘College of Leaders’ in Delta APC

Festus Keyamo, SAN, Minister of Aviation and Aerospace Development, is facing criticism...