Edo State Governor, Senator Monday Okpebholo, officially signed the reversed Appropriation Bill into law on Monday, marking a significant step towards advancing developmental projects in the state.
The newly approved budget, totaling N485.63 billion, as passed by the Edo State House of Assembly (EDHA), allocates N202.65 billion for recurrent expenditures and N282.99 billion for capital projects.
Governor Okpebholo, while speaking at the signing ceremony, expressed his gratitude to the lawmakers for their swift passage of the bill. He described the move as pivotal in setting the stage for transformative governance and rapid development across the state.
“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 Governor stated.
The event, which took place at the Executive Council Chamber, was attended by Speaker of the EDHA, Hon. Blessing Agbebaku, and other lawmakers.
Agbebaku emphasized the legislature’s commitment to supporting the administration’s vision and ensuring that the government’s objectives are swiftly pursued. 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, which was initially presented on November 13, 2024, underwent rapid deliberations, highlighting the effective collaboration between the executive and legislative branches of the state government.
