Governor Umo Eno of Akwa Ibom has assented to the 2024 appropriation estimate of N849.97 billion, emphasizing a commitment to enhancing the government’s revenue generation efforts.
The budget was approved during an extended Executive Council meeting held at the Government House in Uyo on Thursday.
The final budget proposal stands at N849.970 billion, and received approval from the Akwa Ibom House of Assembly on December 21, reflecting a slight increase of N4.3 billion from the initial sum of N845.63 billion.
Governor Eno underscored the importance of prioritizing revenue generation over expenditures in the fiscal year 2024.
Gov. Eno emphasized that his government is implementing various strategies to boost the state’s internally generated revenue, aiming to effectively address the budgetary needs.
He encouraged the Ministry of Finance, Internal Revenue Service, Ethical and Attitudinal Reorientation Commission (EARCOM), and other relevant agencies to intensify their efforts in mobilizing revenue, ensuring seamless funding for the budgets.
