Gov Okpebholo signs 2025 budget into law

Edo State Governor, Senator Monday Okpebholo, has signed the 2025 Appropriation Bill, totaling ₦675 billion, into law.

Dubbed the “Budget of Renewed Hope for a Rising Edo,” the bill was approved by the Edo State House of Assembly before receiving the governor’s assent at the Government House in Benin City.

Governor Okpebholo expressed optimism about the budget’s potential to revitalize Edo State’s economy and improve the welfare of its citizens.

Governor Okpebholo said: “I have just signed into law, a budget of 675,220,058,858.52 tagged a renewed Hope budget for a rising Edo. It is hoped that the 2025 approved budget will revive the economy of Edo State and deliver the dividend of democracy to the good people of the state.”

READ ALSO: Gov Okpebholo dissolves all Edo state commissions

He also mentioned that, in preparing the budget, special care was taken to ensure that a larger percentage was appropriated for capital expenditure, stressing the administration’s commitment to embarking on a massive capital project in the new fiscal year

The Governor further commended the Speaker of the Edo State House of Assembly, Rt. Hon. Blessing Agbebaku and other members of the Assembly for the speedy consideration of the budget.

Speaking earlier while presenting the bill to the governor, Rt Hon. Agbebaku said the budget was significantly increased from the initial sum of 605billion to ensure more funds is allotted to the agricultural sector.