The Governor, while presenting the Appropriation Bill titled “Budget of Renewed Hope for a Rising Edo” at the hallowed chamber of the Edo State House of Assembly, revealed that the proposed budget reflects a 25 per cent increase from the 2024 budget.
Okpebholo disclosed that N223 billion, or 37 per cent of the total N605 billion budget, would be dedicated to recurrent expenditure.
The remaining N381 billion, which represents 63 per cent, is allocated to capital projects.
“This budget is a product of extensive consultations and embodies my administration’s commitment to achieving its five-point agenda: security, infrastructural development, healthcare, food sufficiency, and education,” he stated
Okpebholo emphasised the administration’s focus on road infrastructure, with N162 billion earmarked for road development across the state.
“We are aware of the critical need to connect communities with motorable roads for rapid economic growth. The construction of the iconic Ramat Park fly-over, the first of its kind in the state, marks a significant step towards transforming Benin City from an ancient city into a modern one,” he said.
Under education, the Governor highlighted the need for improvements across all levels, from primary to tertiary.
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