The governor said his administration has earmarked N13 billion to establish one agro-industrial processing zone in Bende, Ukwa and Umunneochi local government areas.
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“In the 2025 financial year, N611.7 billion, representing 82 per cent of the entire budget outlay, will be channelled into capital projects to continue to drive the long-term socio-economic transformation of Abia.Support journalism driven by facts, created by Nigerians for Nigerians. Our thorough, researched reporting relies on the support of readers like you.“This is to build on the momentum that had already been recorded in the last 18 months since we assumed office.
According to him, the government had strategically budgeted monies over N55 billion for various ongoing and new road projects in the 2025 financial year across the 17 LGAs.Governor Otti said that a combined outlay for the sector would be used to construct bridges and new roads and reconstruct and maintain existing road infrastructure in various communities and similar projects.
“The new year will also see to the completion of many of our signature road projects, the most prominent being the Port Harcourt Road, Aba, which will be completed in the first quarter of 2025. He said: “The highlights of the projects to be executed with the passage of this budget include the rehabilitation and supply of equipment to four General Hospitals for N13 billion.
He expressed his administration’s resolve to invest massively in education to make Abia children competitive and ready for the demands of the new world. “This initiative is projected to revive the reading culture and encourage our people to discover the treasure in books,” he said. “We shall finance the balance of N364.1 billion, representing about 51 per cent of the total envelope, through borrowing from domestic and multilateral channels,” he said.
“This will be used to provide structured support to individuals and families in great need as we work to build a society, where no one or group is left behind,” Mr Otti said.
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