Edo State Governor, Senator Monday Okpebholo, has signed the 2025 Appropriation Bill, amounting to N675.2 billion, into law.
The budget, themed ‘Budget of Renewed Hope for a Rising Edo’, is targeted at rejuvenating the state’s economy to deliver democratic dividends to its citizens.
The signing ceremony, held at the Government House in Benin City on Monday, followed the passage of the bill by the Edo State House of Assembly.
Governor Okpebholo described the budget as a vital tool for economic revival, highlighting its strong focus on capital expenditure.
“I have just signed into law a budget of N675,220,058,858.52, tagged ‘A Renewed Hope Budget for a Rising Edo.’ This 2025 approved budget is expected to revive the economy of Edo State and deliver the dividends of democracy to the good people of the state,” the Governor stated.
He commended the Speaker of the Edo State House of Assembly, Rt. Hon. Blessing Agbebaku, and other lawmakers for their commitment to the budgetary process.
During the budget presentation, Speaker Agbebaku had disclosed that the Assembly had increased the budget from its initial N605 billion to N675 billion to allocate additional funds to critical sectors, including agriculture.
Governor Okpebholo assured citizens that his administration is dedicated to implementing massive capital projects in 2025, aligning with the budget’s vision of building a rising and prosperous Edo State.