From INIOBONG SUNDAY, Uyo
Akwa Ibom State governor, Umo Eno has signed the N955 billion 2025 ‘Budget of Consolidation and Expansion’ into law.
The governor assented to the bill at the State Executive Council, SEC, Chambers of the Government House, Uyo, with the Speaker of the House of Assembly, Udeme Otong, members of the SEC and some legislators present.
Speaking shortly after the ceremony, Governor Eno commended the Assembly for the expeditious passage of the appropriation bill, as well as the synergy and unity of purpose between the executive and legislative arms in the implementation of government policies and programmes.
He sued for sustainable partnership and collaboration in order to deliver on the dividends of democracy to the people in line with his administration’s ARISE Agenda, covering agriculture, rural development, infrastructure and social empowerment
It would be recalled that the House of Assembly had on 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.
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.
The budget has a component of recurrent expenditure of N300 billion and N655 billion for capital expenditure.
The 2025 budget outlay represents a three percent increase from the N923.412 billion revised provision for 2024.
