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Abia Gov Otti signs N750bn 2025 budget

by Present Nigeria
December 28, 2024
in News
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Abia Gov Otti signs N750bn 2025 budget
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Abia State Governor, Alex Otti, has signed into law a budget of N750,282,200,000 for the 2025 fiscal year, as recently passed into law by the State House of Assembly.

Assenting to the appropriation bill on Friday, Governor Otti commended the lawmakers for giving the bill an accelerated hearing and passage, saying that the budget would empower his administration to deliver more quality services.

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He thanked the members of the Abia State House of Assembly for scrutinising the 2025 budget before passing it into law, noting that his administration has changed the story of Abia being one of the dirtiest states in Nigeria as of 2023.

“We can assure you that this government has its eyes on the ball and will continue to do those things we promised our people that will take this state out of poverty, that will take this state out as one of the dirtiest states like it was in 2023,” said Otti.

He reiterated that he dedicated about 82 per cent of the total envelope to capital expenditure and 18 per cent to recurrent expenditure, despite the challenges of higher wages occasioned by the implementation of the new national minimum wage and regular payment of pensions.

The governor said that some of the projects that kicked off in 2023 would be delivered in 2025.

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

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PRESENT, a credible online newspaper from the cell of Red Carpet Communications Limited, is published by an experienced and profoundly resourceful journalist, Yemi Olowolabi.
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