Okpebholo signs ₦675bn 2025 budget into law
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Governor Monday Okpebholo of Edo State on Tuesday signed the 2025 Appropriation bill of N675 billion, into law.
Tagged ‘Budget of Renewed Hope for A Rising Edo’ , the bill was passed by the State House of Assembly on Monday.
The Governor while signing the bill at the Government House, Benin City, said the budget would revive the economy of Edo State and deliver the dividends of democracy to the people of the State.
“I have just signed into law, a budget of 675,220,058,858.52, tagged a renewed Hope budget for a rising Edo.
“It is hoped that the 2025 approved budget will revive the economy of Edo State and deliver the dividend of democracy to the good people of the state,” he said.
Okpebholo also mentioned that, in preparing the budget, special care was taken to ensure that a larger percentage was appropriated for capital expenditure, stressing the administration’s commitment to embarking on massive capital project in the new fiscal year
He commended the Speaker of Edo State House of Assembly, Blessing Agbebaku and other members of the Assembly for the speedy consideration of the budget.
Speaking earlier while presenting the bill to the governor, Agbebaku said the budget was significantly increased from the initial sum of 605billion to ensure more funds is allotted to the agricultural sector.
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