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Uzodimma Signs N592.2bn 2024 Budget Into Law

by Emmanuel Mgheahurike
2 years ago
in News
Reading Time: 1 min read
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Governor of Imo State, Hope Uzodimma has signed into law the 2024 Appropriation Bill.

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He said the success of the budget would depend on the prudent implementation of all the items contained in the document.

The governor said the budget would act, both as a stimulus and catalyst for the growth and development of Imo State in line with the theme: “Budget of Renewed Economic Growth.”

After assenting the budget at the New Exco Chambers Government House, Owerri, the governor said the budget was unique in the sense that “in the history of Imo State there has not been an annual budget with a capital expenditure of over 82 per cent, meaning when implemented the result will make Imo State the envy of other states.”

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He commended the speaker and members of the Imo State House of Assembly for the uncommon synergy and for conceding to his request to give the Bill accelerated hearing that culminated to its passage of the appropriation bill into law.

The governor submitted that this was an indication that they understand the importance of development through expenditure proposals.

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