The Governor, of Edo State Monday Okpebholo, has on Monday signed the revised Appropriation Bill of N485.63 billion into law.
It was gathered that the state assembly on resumption of plenary Monday, approved the N485.63 billion as 2024 revised supplementary budget. This is coming after the request for the passage of the 2024 budget contained in a letter dated 13th November from Governor Okpebholo, addressed to the house.
FCNN learnt that the budget, as approved by the Edo Assembly is divided into N202.65 billion for recurrent expenditures and N282.99 billion for capital projects.
Governor Okpebholo appraised the lawmakers for their quick action in passing the Bill, which he believes will set the tone for transformative governance.
According to him : “I want to thank you for your cooperation and the speedy passage of this bill. With this momentum, Edo State is set to experience remarkable development. I see a team of dedicated individuals ready to work for the betterment of our state.”
The approval was done in the Speaker of the house, Hon. Blessing Agbebaku, and other lawmakers, attended the signing ceremony held at the Council Chamber, Government House.
Agbebaku emphasised the legislature’s commitment to supporting the administration’s vision and ensuring continuity in government.
He noted: “The 8th Assembly expedited the passage of this appropriation law to allow the new administration to commence its projects without delay. Government is a continuum, and we are committed to fostering development for the people of Edo State.”
The Bill, initially presented on November 13, 2024, underwent accelerated deliberations, underscoring the collaboration between the executive and legislative arms of government.
