Gov Mbah Presents Record N971bn 2025 Budget to Enugu House of Assembly
Gov Mbah Presents Record N971bn 2025 Budget to Enugu House of Assembly NEWSFEED024 26th Nov. 2024 … _Crashes Recurrent further to 14% at N133.1bn_ …_ Capital Expenditure rises to N837.9bn … _Again, Education gets over 33% of budget_ … _Ramps up IGR from N37.4bn to N144.7bn in 2024_ ..._Assembly promises early passage_ Governor of Enugu State, Dr. Peter Mbah, has proposed a record N971bn budget bill for the 2025 fiscal year to the Enugu State House of Assembly. Presenting the estimates entitled “Budget of Exponential Growth and Inclusive Prosperity” at the floor of the House on Tuesday, Mbah said the proposed estimates comprised N837.9bn Capital Expenditure, representing 86 per cent of the budget estimates, and a Recurrent Expenditure component of N133.1bn, representing only14 per cent of the budget. This topples the record-holding 2024 budget of N521.5bn, consisting of N414.3bn Capital Expenditure, representing 79 per cent of...