Okpebholo Presents 2025 Budget Of N605.7bn To ESHA

Nelson Utip

Governor Monday Okpebholo of Edo State has presented the 2025 budget estimate of N605.7 billion to the State House of Assembly on Tuesday in Benin, tagged ‘Budget of Renewed Hope for a Rising Edo’, Okpebolo said the budget was in tandem with the goals of his five-point agenda which are Security, Infrastructural development, Healthcare, Food sufficiency and Education.The governor also added that the budget will achieve the aims of The Renewed Hope Agenda of the Federal Government.

Okpebholo observed that the 2025 budget estimate higher than the budget of 2024 by 25 percent.

A breakdown of the document shows the sum of N223 billion, representing 37 percent is allocated to recurrent expenditure while N381 billion, representing 63 percent is for capital expenditure.

According to the governor, the sectoral breakdown of the budget  indicates that N162 billion is for road development across the state, N48 billion for education, N63.9 billion for health, N1.8 billion for the health insurance scheme and N4.5 billion for the agricultural sub-sector.

He further explained that the proposed Appropriation Bill was arrived at after wide consultations, he said that it would ensure accountability and transparency in governance for responsive service delivery to the people of Edo State.