Uzodinma presents N381bn 2022 budget for Imo

Uzodinma presents N381bn 2022 budget for Imo

The Nation 

Gov. Hope Uzodimma of Imo on Friday presented a budget of N381billion for 2022 to the state House of Assembly for approval.

Presenting the budget tagged “budget of wealth consolidation and recovery”, Uzodimma said that it was made up of N96billion recurrent expenditure, representing 23.36 per cent and N284 billion capital expenditure, representing 74.64 per cent.

The governor stated that the objectives of the budget was to satisfy the desires of the people by promoting sustainable economic development in the state.

He added that it was also aimed at putting the wellbeing of the people at the centre of governance through massive reconstruction of dilapidated infrastructures.

Uzodinma further noted that this would be achieved by adopting a participatory governance through open buget process, human capital development and grassroot development among others…

Report

Leave a Reply

Your email address will not be published. Required fields are marked *