Governor Otti Signs Abia State's N750 Billion 2025 Budget Into Law

Source: TodayFeedsMedia

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Governor Alex Otti of Abia State has signed the 2025 budget of N750 billion into law. This budget, tagged "Budget of Sustained Momentum," allocates 82% (N611.7 billion) to capital expenditures and 18% (N138.6 billion) to recurrent expenditures.

Key highlights of the budget include:

- Infrastructure Development: N55 billion allocated for various road projects across the 17 local government areas, with a focus on constructing 170 kilometers of rural roads.²
- Agro-Industrial Processing Zones: N13 billion earmarked for setting up zones in three local government areas - Bende, Ukwa, and Umunneochi.
- Water Scheme: N4 billion budgeted for revamping and reticulating the 47km pipeline for the Umuahia Regional Water Scheme.
- Health and Education: 35% of the budget allocated to these sectors, with 15% for health and 20% for education.

Governor Otti expressed his commitment to ensuring effective implementation of the budget, which he believes will drive growth and development in Abia State.

https://businessday.ng/news/article/otti-signs-into-law-abias-n750bn-2025-budget/

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