The Edo State Governor, Mr. Godwin Obaseki, on Wednesday, presented a N214.2 billion budget to the Edo State House of Assembly, for the 2022 fiscal year, representing a 32.96 percent increase from the N161.1 budgeted for the year 2021.
Obaseki, who presented the budget to the Assembly sitting at the newly renovated Anthony Enahoro Assembly Complex in Benin City, said the budget comprises N118.3 billion for capital and N95.9 billion for recurrent expenditure.
According to the governor, the document, christened, ‘Budget of Renewal, Hope and Growth’, seeks to enhance reforms in government process, stimulate economic prosperity and improve ease of doing business to continuously attract private capital to engender sustainable development.
