Imo State Governor, Hope Uzodimma has presented the 2025 state budget to the states house of Assembly on Monday.
The budget titled ”Budget Of Expanded Economic Opportunities” according to the governor has a total sum of 755,588,041,220 with recurrent expenditure of,112,302,000,000 and capital expenditure of 643,286,041,220.
Uzodinma asserted that the 2025 appropriation bill encompasses all ministries and pertinent sectors to guarantee that every segment benefits positively from the budget.
The Governor indicated that the Ministry of Works and Infrastructure Development received 46 percent of the budget, amounting to a total of 296,461,152,778 and closely followed by the Ministry of Transportation, which was allocated 101,010,000,000, while the Ministry of Education received the smallest allocation of 7,420,000,000.
He emphasized that his primary focus is on the comprehensive execution of the budget to attain optimal outcomes and noted that the 2025 budget aims to build upon the successes achieved in the 2024 budget, which he asserted his administration worked diligently to implement in its entirety.
The Speaker of the House, Chike Olemgbe, expressed gratitude on behalf of the members to the governor for taking the time to present the budget and expressed confidence in the swift approval of the budget and the ongoing backing of his administrative initiatives aimed at reducing poverty and restructuring the state’s economy.