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Imo State Governor, Senator Hope Uzodinma has presented a proposed budget estimate of 755.6 billion naira to the state House of Assembly for legislative consideration and approval.
While presenting the budget, the governor revealed that the budget tagged, “Budget of expanded economic opportunities” is 27.6 percent higher compared to the 2024 budget.
Governor Uzodimma said out of the budget, capital expenditure gulped 643.3 billion naira representing 85.1 percent while 112.3 billion naira is alloted to recurrent expenditure, representing 14.9 per cent of the budget.
The governor explained that infrastructure sector got the biggest share with a sum of 296.4 billion naira representing, 46 per cent followed by transport sector with a sum of 101 billion naira, representing 16 percent of the budget.
Power and electrification received 74.7 billion naira, which represents 12 percent of the total budget. Tourism and hospitality got 30.2 billion naira, which represents 5 percent while health got 22.9 billion naira, representing 4 percent of the budget.
Ministry of Environment and sanitation received 21.1 billion naira which represents 3 percent while ministry of livestock development got 20 billion naira which represents 3 percent. The ministry of agriculture and food security got 12 billion naira representing 2 percent. The housing sector and educational sector got 7.8billion naira and 7.4 billion naira representing 1.2 percent and 1 percent respectively.
Earlier in his address, Governor Uzodimma presented a summary of the 2024 budget and outlining his administration’s achievements.
He highlighted several key projects, including the ongoing flyover at Assumpta roundabout, the Emmanuel Iwuanyanwu International Conference Centre, and the dualization of the Owerri-Umuahia road.
Additionally, Governor Uzodimma mentioned the upgrade and renovation of the state public health laboratory and the construction of a brand new central drug store.
Regarding aviation, he mentioned the installation of CAT 2 Airfield lighting system for night flights at the Sam Mbakwe International Airport.
Governor Uzodimma reassured Ndi Imo of his commitment to a transparent and accountable government during the 2025 budget presentation.
