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Monday, December 23, 2024

Edo assembly passes 2025 budget for Gov Okpebholo’s assent

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.

• December 23, 2024
Edo State Governor, Monday Okpebholo
Edo State Governor, Monday Okpebholo [Credit: The Cable]

The Edo House of Assembly on Monday passed the 2025 budget of N675 billion for Governor Monday Okpebholo‘s 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 to carry out his five points agenda in Edo.

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 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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