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Eno Signs N995bn Akwa Ibom Budget Into Law

by Iniobong Ekponta
10 months ago
in Business
Eno
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Akwa Ibom State governor, Pastor Umo Eno has signed the N955 billionĀ  2025 “Budget of Consolidation and Expansion” into law.

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The governor assented to the bill at the State Executive Council (SEC) ChambersĀ  of the Government House Uyo, the state capital, with the Speaker of the House of Assembly, Rt. Hon. Udeme Otong; members of the SEC, and some members of the state legislature.

Speaking shortly after the ceremony, Eno commended the 26-member Assembly for what he described as the expeditious passage of the appropriation bill, and lauded the synergy and unity of purpose between the executive and the legislative arms in the implementation of government policies and programmes.

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He sued for sustainable partnership and collaborations in order to deliver on the dividends of democracy to the people in line with his administration’s ARISE Agenda blueprint covering Agriculture, Rural development, Infrastructure and Social Empowerment

LEADERSHIP recalls that the House of Assembly had on Tuesday December 24 passed the 2025 budget into law, following the adoption of the report by the Chairman, House Committee on Appropriation and Finance, Dr Itoro Etim (Uruan).

Following the adoption, the House had dissolved into the Committee of the Whole, to consider the report, after which it was read the third time and passed into law by the lawmakers.

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The budget has a component of recurrent expenditure of N300 billion and N655 billion for capital expenditure.

The 2025 budget outlay represents a three per cent increase from the N923.412 billion revised provision of 2024.

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