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Home News Politics

Assembly Passes Edo N675bn 2025 Budget For Assent

Thecabal by Thecabal
December 23, 2024
in Politics
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Assembly Passes Edo N675bn 2025 Budget For Assent
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The Edo House of Assembly on Monday passed the state 2025 budget of N675 billion for assent.

The passage followed the adoption of the report of the House Committee on Budget and Project Monitoring at plenary in Benin.

Presenting the report, the chairman of the committee, Sunday Fada, (PDP Esan Central) said the budget was made up of N225 billion recurrent expenditure and N451 billion capital expenditure.

Fada noted that the committee came up with the increase in the budgetary allocation to enable the governor carry out his five points agenda in the state.

The House at the committee of Supply, considered the budget clause by clause and subsequently, approved the increase from N605.7 billion to N675 billion.

The Speaker, Blessing Agbebaku, thereafter directed Mr Yahaya Omogbai, the clerk of the house to forward clean copies of the budget to the governor for his assent. (NAN)

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