The Abia State Governor, Alex Otti, on Tuesday, presented the 2024 budget estimate of N567.2 billion to the state House of Assembly for approval.
In his address at the forum, the governor said the appropriation bill, christened: “Budget of New Beginning,” was over N400 billion higher than the 2023 budget estimate of N160.5 billion.
He said 84 percent of the budget was earmarked for capital expenditure and 16 percent for recurrent spending.
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