Akwa Ibom Assembly passes 2024 budget, raises it by N4.3bn

The Akwa Ibom State House of Assembly on Thursday passed the state 2024 appropriation bill of N849.97 billion.

This followed the adoption of the report of the House Committee on Finance and Appropriation at the plenary in Uyo.

The chairman of the committee, Mrs. Itorobong Etim, who presented the report, said the budget comprised N359.07 billion in recurrent expenditure and N490.91 billion in capital spending.

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