Edo State Approves N799bn Supplementary Budget for 2025 with Focus on Infrastructure Development

The Edo State government has approved a revised N799 billion supplementary budget for the year 2025, representing an increase of approximately N125 billion (18%) from the initial budget. The approval, following an emergency executive meeting presided over by Governor Monday Okpebholo, emphasizes the government's commitment to infrastructure development.

The revised budget allocates 70% to capital expenditure and 30% to recurrent expenditure, signaling a focus on enhancing infrastructure in Edo State. The Commissioner of Finance, Emmanuel Okoebor, highlighted the rationale behind the adjustment, emphasizing the government's dedication to driving development through increased capital spending.

The budget increment aims to boost infrastructure projects and support the state's economic growth.