The Ebonyi State Governor, Dave Umahi, has signed into law, the state’s 2022 budget.
The budget is slightly above N145 billion, a figure same as the original amount proposed and presented to the State House of Assembly by the Governor on December 1, 2021.
Tagged “BUDGET OF LATTER RAIN”, the fiscal law allocates N89.7billion to capital expenditure and N55.6bn to recurrent expenditure, a ratio of 1.6:1.
Also Read: Gov. Umahi cautions Politicians against divisive tendencies
Governor Umahi, says the hallmark of the 2022 budget is the completion of all ongoing projects, as well as the advancement of human capital development.
Editor :Anoyoyo Ogiagboviogie
