Edo State Governor, Senator Monday Okpebholo has signed the 2025 Appropriation bill tagged ‘Budget of Renewed Hope for A Rising Edo’ into law after the bill was passed by the Edo State House of Assembly.
While assenting to the bill at the Government House, Benin City, Edo State, Governor Okphebholo said the N675 billion budget of ‘Renewed Hope for A Rising Edo’ would revive the economy of Edo State and deliver the dividends of democracy to the people.
“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.
He explained that, in preparing the budget special care was taken to ensure that a larger percentage was appropriated for capital expenditure.
Governor Okpebholo also reiterated his administration’s commitment to embarking on massive capital project in the new fiscal year
The Governor further commended the Speaker of Edo State House of Assembly, Rt. Hon. Blessing Agbebaku and other members of the Assembly for the speedy consideration of the budget.
Speaking earlier while presenting the bill to the governor, Rt Hon. Agbebaku said the budget was significantly increased from the initial sum of 605billion to ensure more funds is allotted to the agricultural sector.
Olusola Akintonde
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