NewsIkpeazu passes Appropriation Bill into law for fiscal year...

Ikpeazu passes Appropriation Bill into law for fiscal year 2022

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Governor Okezie Ikpeazu has signed into law, the 2022 Abia State Government Appropriation bill of N147,282,196,200.

The capital expenditure profile of the budget is N79,779,887,500, while the recurrent expenditure profile is N67,502,318,700.

His signature came after the state House of Assembly passed the 2022 Appropriation Bill into law, following the presentation of its report by the Chairman, House Committee on Appropriation, Hon Kennedy Njoku, to provide for the appropriation of N147,787,781,300.00 for the services of the Government of Abia State for the year ending December 31, 2022.

Governor Ikpeazu, in a statement by his Chief Press Secretary, Onyebuchi Ememanka on Friday, in Umuahia, the state capital, on Friday, expressed his profound appreciation to the Speaker, Rt. Hon Chinedum Enyinnaya Orji, and members of the Abia State House of Assembly for their display of patriotism in the speedy review and passage of the bill.

The Abia Chief Executive reassured the leadership of the state Assembly and the people of the state that he will be relentless in the implementation of the budget for the peace, order and welfare of the people of the state.

He also tasked agencies of the state government with specific obligations in the budget to take their assignments very seriously.

Governor Ikpeazu particularly challenged revenue-earning agencies in the state to redouble their efforts and carry out their jobs with greater transparency and a deeper sense of patriotism.

With this, Abia has sustained the January to December budget cycle and the budget becomes effective, tomorrow January 1st, 2022.

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