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Ikpeazu signs N147.28bn Abia 2022 budget into law

Ikpeazu signs N147.28bn Abia 2022 budget into law

Governor Okezie Ikpeazu has signed into law the 2022 Abia State appropriation bill of N147, 28 billion.

The budget has a capital expenditure profile of N79, 77 billion while recurrent expenditure has an outlay of N67, 50 billion.

Governor Ikpeazu on December 14, 2021, presented to the State House of Assembly, an appropriation bill in the sum of N147.28 billion.

The Governor expressed his gratitude to the Speaker and members of the State House of Assembly for their display of patriotism in the expeditious review and passage of the appropriation bill.

Read also: Diri signs N314.5bn 2022 budget into law

Governor Ikpeazu assured the Assembly and indeed the people of Abia State that he will be relentless in the implementation of this budget for the peace, order and welfare of the people of Abia State.

The Governor tasked agencies of the State Government with specific obligations in this budget to take their assignments seriously.

In particular, he challenged revenue-earning agencies in the State to redouble their efforts and carry out their jobs with greater transparency and a deeper sense of patriotism.

With this, Abia State has sustained the January to December budget cycle and this budget becomes effective, January 1, 2022, according to Onyebuchi Ememanka, chief press secretary to the Governor.