Governor Chukwuma Soludo has presented a draft appropriation bill of N410 billion for Anambra State House of Assembly for the year 2024.
Soludo presented the budget estimate to the State House of Assembly in Awka, the Anambra State capital on Tuesday.
The governor stated that there is only about 57.8 percent increase in the present budget compared to the 2023 budget of over N280 billion.
While the Recurrent expenditure accounts for N96.2 billion, the Capital expenditure is N313.9 billion, indicating that 77 percent of the entire budget is targeted at Capital expenditure.
The governor said that with the budget, the state is changing gears towards the promised transformation agenda for a liveable and prosperous smart mega city.
