Okpebholo signs N486bn Edo’s appropriation bill into law
The budget, as approved by the Edo state house of assembly (EDHA), is divided into N202.65 billion for recurrent expenditures and N282.99 billion for capital projects.
By Idris Temidayo
Monday Okpebholo, governor of Edo, has signed the state’s revised appropriation bill of N485.63 billion into law.
Fred Itua, the chief press secretary (CPS) to Okpebholo, said the signing of the bill marks a significant move by the new administration to ensure rapid implementation of developmental projects.
“The budget, as approved by the Edo state house of assembly (EDHA), is divided into N202.65 billion for recurrent expenditures and N282.99 billion for capital projects,” Itua said in a statement.
He said the governor commended the lawmakers for their swift action in passing the bill, which according to him, will set the tone for transformative governance.
“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,” Itua quoted the governor to have said.
Blessing Agbebaku, speaker of the Edo house of assembly, alongside other lawmakers, witnessed the signing ceremony held at the state house executive council chamber.
Agbebaku emphasised the legislature’s commitment to supporting the administration’s vision and ensuring continuity in government.
“The 8th Assembly expedited the passage of this appropriation law to allow the new administration to commence its projects without delay,” the speaker said.
“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.
