Ikpeazu signs N147.28b 2022 Budget into law

Abia State governor, Dr. Okezie Ikpeazu, yesterday, signed into law the state 2022 Appropriation Bill of N147,282,196, 200.00.

The Chief Press Secretary to the governor, Mr Onyebuchi Ememanka, in a statement, said the budget provides for a capital expenditure of N79, 779, 887.500 .00 while recurrent expenditure would gulp N67,502,318,700.

Governor Ikpeazu had on December 14, 2021, presented to the state House of Assembly an Appropriation Bill of N147,787,781,300.

Ikpeazu expressed gratitude to the Speaker and members of the Assembly for their display of patriotism in the expeditious review and passage of the Appropriation Bill.

He assured the Assembly and the entire people of Abia State that he would be relentless in the implementation of the budget to enhance the peace, order and welfare of the people of Abia State.

He tasked agencies of the state government with specific obligations in the budget to take their assignments very seriously.

In particular, he challenged revenue-earning agencies in the state to redouble their efforts and execute their mandates with greater transparency and a deeper sense of patriotism.