Mr Soludo said the 2025 budget has a recurrent expenditure of N139.5 billion, accounting for 23 per cent, while capital expenditure stood at N467.5 billion which accounts for 77 per cent, representing a budget deficit of N148.3 billion.
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“With this budget, we are laying the groundwork for a thriving and sustainable future for many generations to come,” the governor said. “For sure, 2025 is a governorship election year in Anambra State. Yes, while the politicians will be focusing on politics, we will be intensely and intentionally focusing 100% on the execution of our multi-faceted agenda with a deadline,” he said.Mr Soludo, for the umpteenth time, lamented that the Anambra’s Internally Generated was decreasing.
“Currently, we are averaging only N2.5 billion per month, which is well below the state’s capacity. In the coming weeks, there will be a renewed effort to strengthen our revenue generation capacity.” “We will also provide grants to micro-businesses across 326 wards in the state as part of our commitment to our party mantra ‘Onye Aghana Nwanneya,’” the governor said.
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