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Governor Uzodinma Signs Imo State 2025 Appropriation Bill into Law.
In a significant development for the governance of Imo State, Governor Hope Uzodinma has officially signed the 2025 Appropriation Bill into law following its passage by the State House of Assembly. Initially proposed at N756 billion, the budget was subsequently increased to N807 billion by the lawmakers, reflecting a collaborative effort between the Executive and Legislative branches.
During the signing ceremony held at the New Exco Chambers in Government House, Owerri, Governor Uzodinma expressed his satisfaction with the swift passage of the bill and the legislature’s decision to adjust the original figures. He emphasized that this move illustrates a unified commitment to delivering essential services to the people of Imo State.
The newly signed appropriation allocates N694,786,041,220, or 86.09 percent, to capital expenditure, while recurrent expenditure is set at N112,302,000,000, constituting 13.91 percent of the total budget. The Governor described the budget as one designed to foster “Expanded Economic Opportunities,” aimed at driving economic transformation through improved infrastructure and industrialization.
In his remarks, the Governor highlighted the state’s ambition to become a leading destination for genuine investors and to establish Imo State as one of the fastest-growing economies in the region. The Speaker of the State House of Assembly, Chike Olemgbe, also commended the meticulous crafting of the appropriation bill, which facilitated a seamless legislative process.
This legislative action marks a pivotal moment for Imo State as it embarks on a path of economic growth and development in the coming year.