Gov. Peter Mbah of Enugu State has presented the 2025 budget of N971.84 billion to the state House of Assembly for consideration and approval.
Mbah presented the budget tagged, “Exponential Growth and Inclusive Prosperity” on Tuesday at the Legislative complex in Enugu.
He said that his administration sought to lay a right foundation to enhance economy growth of the state.
Mbah said that the 2025 budget estimate was over N450 billion higher than 2024 budget of N521.5 billion, representing 86.4 per cent increase.
He pointed out that the budget was in line with his administration’s vision to grow the Gross Domestic Product (GDP) of the state from $4.4 billion to $30 billion, which he noted was achievable.
Giving the breakdown of the budget, the governor revealed that N133.1 billion of the budget would go into recurrent expenditures while N837.9 billion would be spent on capital expenditures.
On the sectorial budget, he said that N320.6 billion of the budget would go into education; N260 billion to Works and Infrastructure;N82 billion to Agriculture; N45 billion to Health while Sports sector would get N13 billion.
