Anambra Assembly passes N607bn 2025 budget

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By Madu Obi

Anambra State House of Assembly has passed the N607 billion 2025 budget presented for approval by Governor Chukwuma Soludo on November 19, 2024.

In a post budget passage media briefing, Mr Ejike Okechukwu, Chairman of the House Committee on Finance and Appropriation, Mr. Ejike Okechukwu said the budget was passed as presented by the governor.

Though the overall budget size was not altered, Okechukwu said there were realignments between and across Ministries, Department and Agencies , MDAs, within the envelope.

According to him, the budget projected and estimated recurrent expenditure of N139.5 billion representing 23 percent, while N407,5 billion representing 77 percent would be for capital projects.

“The budget size did not have any change from what the governor presented but there were Internal changes, some codes were changed to enable government access funds lying there to meet urgent needs.

Some institutions like Chukwuemeka Odumegwu Ojukwu University and Nwafor Orizu College of Education had more funds allocated to their recurrent expenditures and subvention to enable them perform more effectively,” Okechukwu said.

The cchairman expressed the hope that the executive arm of government will record over 80 percent implementation of the 2025 budget.