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		<title>Okpebholo presents N605.7bn budget proposal to Edo assembly</title>
		<link>https://frontpageng.com/okpebholo-presents-n605-7bn-budget-proposal-to-edo-assembly/</link>
		
		<dc:creator><![CDATA[Agency Report]]></dc:creator>
		<pubDate>Tue, 10 Dec 2024 14:41:58 +0000</pubDate>
				<category><![CDATA[Business]]></category>
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		<category><![CDATA[agbebaku]]></category>
		<category><![CDATA[ambrose ali university]]></category>
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		<category><![CDATA[ekpoma]]></category>
		<category><![CDATA[okpebholo]]></category>
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					<description><![CDATA[<p>Governor Okpebholo presents 2025 budget proposal to Edo assembly</p>
<p>The post <a href="https://frontpageng.com/okpebholo-presents-n605-7bn-budget-proposal-to-edo-assembly/">Okpebholo presents N605.7bn budget proposal to Edo assembly</a> appeared first on <a href="https://frontpageng.com">Frontpageng</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>Governor Monday Okpebholo of Edo State, on Tuesday, presented N605. 7 billion budget estimates to Edo House of Assembly for the 2025 fiscal year, representing 25 per cent increase from the 2024 budget.</p>
<p>Presenting the budget christened “Budget of Renewed Hope for a Rising Edo” to the Assembly in Benin, Okpebholo said capital expenditure would take N381 billion, representing 63 per cent while recurrent had N223 billion, representing 37 per cent.</p>
<p>Okpebholo noted that his administration planned to make huge difference in the road sector with the appropriation of N162 billion to road construction across the state.</p>
<p>He appropriated N48 billion for Education, while N500 million was appropriated to Ambrose Ali University, Ekpoma as monthly subvention to ensure its revival.</p>
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<p>The governor also appropriated N63.9 billion to the health sector, N1.8 billion was set aside for the Health Insurance scheme, with N4.5 billion budgeted for Agriculture sector.</p>
<p>He further stated that his administration recently purchased 20 patrol vehicles to assist the security personnel in their work and planned to purchase more in the coming year.</p>
<p>Receiving the budget estimates, Speaker of the Assembly, Blessing Agbebaku assured the governor of the house’s expeditious passage of the budget.</p>
<p>Agbebaku also assured of the house’s resolve to work with the governor for the good of Edo people.</p>
<p><strong><em>Source: NAN </em></strong></p>
<p>The post <a href="https://frontpageng.com/okpebholo-presents-n605-7bn-budget-proposal-to-edo-assembly/">Okpebholo presents N605.7bn budget proposal to Edo assembly</a> appeared first on <a href="https://frontpageng.com">Frontpageng</a>.</p>
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