HomePoliticsCapital Projects Take Lion's Share As Umahi Signs 2023 Budget

Capital Projects Take Lion’s Share As Umahi Signs 2023 Budget

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Governor David Umahi of Ebonyi State has signed the 2023 appropriation bill of ₦139,398,280,640 billion only into law.

While performing the function yesterday in his Uburu, Ohaozara home, Umahi said capital projects took the greater chunk of the budget at ₦81.030 billion representing 62 percent of the total budget while recurrent was put at ₦58.367 billion being 38 percent.

We have always placed capital expenditure ahead of the recurrent because our state is a developing one.

‘The evidences are there; these infrastructure that are in place are for tomorrow.

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‘It is very important for us to know we have positioned the state properly,’ he said.

The governor noted that the economic activities at the state shopping mall, the employment statistics at the David Umahi Federal University of Medical Sciences and its teaching hospital, among others, were good testimonies of prioritising capital projects in the state.

‘We parade the best medical equipment you can find anywhere in West Africa in that hospital. The airport is also not left out,’ he said.

Governor Umahi appreciated the House of Assembly for their support and cooperation, expressing optimism that the next governor will come from their fold.

He also appreciated members of his executive council, promising them of memorable exit package before May 29, 2023.

He emphasised that all ongoing projects, including the Olympic stadium would be completed before leaving office, assuring the airport will be ready for test operations this month.

It is my intention to construct a teaching hospital for Ebonyi State University in my remaining five months, and also lay foundation for other two universities; one at Oferekpe, and another at Ezza land.

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