.Calls it, “2025 Budget of Holistic Economic Development”

By EDISON Okereke

As part of his determination to consolidate and advance his economic development, especially in infrastructure and agriculture, the Executive Chairman of Isiala Mbano Local Government of Imo State, Hon Evang. Chika Israel Okoroike, on Tuesday, Presented to the Legislative Assembly of the council a budget of five billion seven hundred and fifty-three million five hundred and seventy-three thousand nine hundred and ten naira (N5,753, 573, 910) for 2025 fiscal year.

The total recurrent revenue is estimated at N6,004,988,720 an increase of of N75,314,650 or 1.1% which he said will be internally generated.

The total recurrent expenditure is put at one billion two hundred and fifty-one million four hundred and fourteen thousand eight hundred and ten naira (N1,251,414,810) or 18% increase from the 2024 budget.

He said the total budget represents an increase of four billion and sixty-six million five hundred and seventy-eight thousand five hundred naira (N4,066, 578, 500).

The estimates which are now in the lap of the council Legislature are meant to address agriculture, rural electrification, cottage industries, roads, health, education, community development, gully erosion, social development, youth, sports and culture, general administration, among other vital services in the council.

While appealing for the early adoption of the proposed proposals, by the councillors, Okoroike solicited for cooperation from all and sundry in order to realize their plans, to make life more meaningful to the people.

He said, “Hon Leader, members of the Legislative Council, we have been doing our best to make things work in spite of odds, we trust in God to succeed in our efforts. In this process, we have to make individual and collective sacrifices.
“I thank you all for your support and understanding. No matter what we have achieved so far, our resolve towards making life more meaningful to our people remains unshakeable.

“We must therefore brace up to the challenges ahead with unity of purpose and oneness of spirit. This is our mandate. That we must do.

“Distinguished councillors, I wish you adopt this 2025 budget proposals so that we can settle down to the task ahead.”