Anambra Assembly Passes 2025 Appropriation Bill of N607 Billion

The budget projected and estimated recurrent N139.5 billion, representing 23 per cent, while N407.5 billion, representing 77 per cent, would be for capital expenditure.

Governor Chukwuma Soludo has signed the 2025 Appropriation Bill into Law.

The bill was signed the into Law by Gov. Soludo at the Governor’s Lodge, Amawbia on Monday.

See also  Lifeless Body Of A New Born Baby Found Abandoned At Dump Site In Edo State (Graphic Photos)

Performing the function, Governor Soludo expressed optimism that the budget will catalyze change in the state in the coming year.

Recall that the budget size is N606,991,849,118 for the fiscal year 2025.

While recurrent expenditures account for N139.5 billion: capital expenditure is N467.5 billion
The Capital expenditure constitutes 77% of the total budget size, while the recurrent expenditure accounts for 23%.

Anambra Deputy Governor Dr. Onyekachukwu Ibezim, Anambra Assembly Speaker Rt. Hon. Somtochukwu Udeze, Chief of Staff. Mr. Ernest Ezeajughi, Majority Leader, Hon. Ikenna Ofodeme, Minority Leader, lawmakers, commissioners. Clerk and others witnessed

an analyst says If they can achieve at least 80% of this budget, it will be huge achievement and usher in development in Anambra state