31st December, 2021
By Ihechinyere Chigemeri-Uwom
Governor Okezie Ikpeazu on Friday signed the 2022 appropriation bill of N147.28 billion into law.
Ikpeazu commended the Speaker and members of the Abia House of Assembly for their commitment as well as expeditious review and passage of the 2022 appropriation bill.
“With this, Abia State has sustained the January to December budget cycle and this budget becomes effective on Jan. 1, 2022,” he added.
He assured the state assembly and the people of Abia of effective implementation of the budget for the peace, order and welfare of the people of Abia.
The governor urged ministries, departments and agencies with specific obligations that would facilitate the successful implementation of the budget to discharge their duties with seriousness.
Meanwhile, Ikpeazu called on revenue-earning agencies in the state to redouble their efforts in discharging their duties with greater transparency and a deeper sense of patriotism.
The budget has a capital expenditure of N79.78 billion, while the recurrent expenditure has an outlay of N67.50 billion.