The Abia State House of Assembly has passed the 2024 Appropriation Bill of N567,240,095,972.00.
Otti had on December 12, 2023, presented the budget christened the “Budget of New Beginning” to the assembly.
Announcing the passage, the Speaker, Rt. Hon. Emmanuel Emeruwa who congratulated his colleagues for their dedication and commitment towards the expeditious passage of the budget gave the estimated capital expenditure as N476,011,317,893.00 and the recurrent expenditure at N91, 228,778,079.00.
Emeruwa said the budget when assented to, will be deemed to have come into law on the first day of January 2024.
The passage of the bill followed among others, the presentation and deliberations on the report and recommendations of its Joint Committee of Appropriation and Budget, Planning, and Multilateral.
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