2025 budget: Ebonyi Assembly passes N444bn appropriation bill

by · Daily Post

The Ebonyi State House of Assembly has passed into law a budget of N444.98 billion for the 2025 fiscal year, as earlier presented by Governor Francis Nwifuru.

The 2025 appropriation bill, titled “Budget of Economic and Social Development,” was passed after a review by the House Committee on Appropriation and Finance at the state legislative complex.

According to a statement signed and released by the assembly’s Public Relations Officer, Sylvester Egede, the bill was deliberated upon by the Committee of the Whole, where it was reviewed page by page, and errors in syntax and morphology were corrected.

In his remarks, the Speaker of the Assembly, Moses Odunwa, commended the committee for their thoroughness, commitment to their assignment, and timely completion of the review process.

He noted that the committee’s efforts reflect the spirit of the Seventh State Assembly, which is dedicated to the welfare of Ebonyi residents and the administration of Governor Francis Nwifuru. The Speaker pledged the Assembly’s unwavering support for the current administration and expressed optimism that the 2025 budget would usher in unprecedented development for the state’s residents.

Earlier, the chairman of the committee and Leader of the House, Kingsley Ikoro, stated that heads of ministries, departments, agencies, and parastatals were invited to ensure proper scrutiny of the budget.

Ikoro expressed satisfaction with the excellent performance of all stakeholders involved, which, according to him, facilitated the swift completion of the committee’s assignment. He emphasised that global best practices were adopted to support the implementation of government finance statistics and reporting standards.

He added that the 2025 budget is aimed at driving the state’s developmental agenda through industrialisation, improving internally generated revenue, and addressing the People’s Charter of Needs in Ebonyi State.

The budget comprises three main sections: personnel, overhead, and capital expenditure.