x

Delta State Approves N936 Billion Budget Proposal for 2025

By Anne Azuka

The Delta State Executive Council (Exco) has approved a proposed budget of N936 billion for the 2025 fiscal year. This decision was made during an Exco meeting presided over by Governor Sheriff Oborevwori.

Following the meeting, the State Commissioner for Economic Planning, Mr. Sonny Ekedayen, revealed that the budget allocates N587.4 billion (62.75%) to capital expenditures and N348.7 billion (37.25%) to recurrent expenditures. Ekedayen, accompanied by the Commissioners for Information, Works (Rural and Riverine Roads), and Riverine Infrastructure, noted that the budget is based on an exchange rate of N1,300 per dollar.

Ekedayen commented, “This budget of N936,078,818,719 is divided into N587.4 billion for capital and N348.7 billion for recurrent expenses. The budget reflects our commitment to key sectors and a balanced approach between expenditures.”

He added that the proposed budget is 29.12% larger than the 2024 budget, underscoring the state’s commitment to development in agriculture, youth empowerment, infrastructure, healthcare, and education. Ekedayen also emphasized that the budget will be fully funded without borrowing, relying primarily on allocations from the Federal Accounts Allocation Committee (FAAC) and internally generated revenue, which is projected to reach N140 billion.

Commissioner for Information, Dr. Ifeanyi Osuoza, stated that Exco approved numerous projects benefiting communities across Delta State. With the two-year anniversary of the current administration approaching, Exco urged all ministry heads to ensure quality oversight, insisting on high standards and no tolerance for substandard work.

Among the other resolutions, Exco confirmed key appointments, including HRM Dr. Greg N. Oputa as the Obi of Aboh in Ndokwa East and Professor Epiphany Azinge, SAN, as the Asagba of Asaba in Oshimili South. Several infrastructure projects were also approved, including road rehabilitations and new constructions across the state, such as the Ugwhrughelli/Ehidi road, Amechi Aguisi Street in Asaba, and the oil road in Jeddo, Okpe LGA.

The Commissioner for Works, Rural and Riverine Roads, Mr. Charles Aniagwu, noted that contractors delayed on projects for over a year without progress will face review. Aniagwu highlighted approved projects like the Uzere Asaba-Ase Bridge reconstruction and internal roads in Isoko South and Ika North East.

The Commissioner for Riverine Infrastructure, Hon. Ebikeme Clark, added that Exco ratified the Governor’s approval for constructing a Model Secondary School in Oporoza and an access road to the Nigerian Maritime University in Okerenkoko. He praised the Governor’s commitment to riverine communities, stating that these developments align with the administration’s dedication to opening up communities for business and growth.

Hot this week

The Impact of the US–Israel–Iran Conflict on Nigeria

By Shemudara Blessing MorayoIn today’s interconnected world, conflicts...

Trump Envoy Urges FIFA to Replace Iran with Italy at World Cup

An envoy linked to Donald Trump has reportedly proposed...

Police foil bomb explosion at Ikot Ekpene Prison, rescue 14 kidnapped students

By Ogenyi Ogenyi,UyoThe Police in Akwa Ibom has successfully...

Kogi Reports Drop in Malaria Cases, Pledges Elimination Efforts

From Noah Ocheni, LokojaThe Kogi State Government says it...

Wike Grants C-of-O Fee Waiver to Nigerian Law School, Orders Emergency Staff Housing

By Joyce Remi-BabayejuThe FCT Minister, Barr. Nyesom Wike, has...

NEW LAFIA BYPASS ENDS YEARS OF TRAFFIC NIGHTMARE, TRANSFORMS MOBILITY AND LIVELIHOODS

BY MOHAMMED MUSAResidents and motorists in Nasarawa State are...

Orette Will Make a Big Difference in the Senate – Urhobo Leaders

Urhobo political leaders on Wednesday endorsed as their preferred...

Bayelsa’s Prosperity Cup Enters Quarter-Final Stage

Quarter-finalists have emerged in the 2026 , widely regarded...

ORETTE WILL MAKE A BIG DIFFERENCE IN THE SENATE – URHOBO LEADERS

The Urhobo political leaders on Wednesday announced Dr. Austin...

Bayelsa’s Prosperity Cup Enters Quarter-Final Stage

Quarter-finalists have emerged in the 2026 Prosperity Cup, Nigeria’s...

Reps Advance Bill to Establish 50-Year National Economic Plan

The House of Representatives has passed for second reading...

New ECOWAS HQ: China–Africa Partnership Delivers Another Tangible Outcome

The recent handover of a new headquarters complex to...

Group Petitions Gov Ododo Over Abandoned Idah Township Roads Project

From Noah Ocheni, LokojaResidents of Idah have called on...

Related Articles

Popular Categories

spot_imgspot_img