Delta State Governor Signs N979.2 Billion 2025 Budget into Law
Delta State Governor, Sheriff Oborevwori, has signed the state’s 2025 Appropriation Bill into law, paving the way for enhanced development across the state.
FocalPoint Reports gathered that the N979.2 billion budget, tagged “Budget of Fiscal Consolidation,” allocates N630.461 billion for capital expenditure and N349.767 billion for recurrent expenditure.
Governor Oborevwori expressed his joy at signing the budget, citing its prompt passage by the Delta State House of Assembly. He noted that the budget’s increase in capital expenditure and decrease in recurrent expenditure over the 2024 estimates align with global best practices.
He said: “It is with immense joy that I have assented to this law christened ‘Budget of Fiscal Consolidation’ 20 days after its presentation to the Delta State House of Assembly.
“My joy is also for its prompt passage after going through the necessary legislative procedures. The increase in capital and decrease in recurrent expenditure over the 2024 estimates also gives me joy.
“We are now imbibing the culture where our budgetary estimates meet global best practices. A prompt passage and assent to this bill allows us to conveniently implement projects during the 2025 dry season.
“The budget has been drafted in such a manner that it will impact positively in the promotion and preservation of public trust and our well being.
“This reaffirms our commitment in advancing Delta State through the prompt and qualitative service delivery as enshrined in our MORE Agenda.”
The governor emphasized that the budget will have a positive impact on the state, promoting public trust and well-being. He also reaffirmed his commitment to advancing Delta State through prompt and qualitative service delivery, as outlined in the MORE Agenda.
In addition to the appropriation bill, Governor Oborevwori also signed several other bills into law, including the Southern Delta University, Ozoro, Establishment Amendment Law 2024.
Oborevwori said: “Before now, with the name University of Science and Technology, we cannot accredit all courses. But now, assenting to the bill, the name is now Southern Delta University, Ozoro.
“The change in name will enable the accreditation of more courses and increase the intake of students into the university.
This law changes the university’s name, enabling the accreditation of more courses and increasing student intake.
Other bills signed into law include the Delta State Structures and Signage and Advertisement Bill 2024, Delta State Human Trafficking Prohibition Law 2024, Special Cases Court Amendment Law 2024, and the Delta State Protection of Persons with Disability Law 2023.
The Governor, while thanking the State Legislature for the speedy passage of the bills, assured Deltans of more infrastructural and human capital development in the 2025 fiscal year.
He added: “As the year 2024 winds up, let me express my appreciation for the support I have received from all arms of the Government. It is my sincere expectation that we will sustain this collaboration and synergy in 2025.
“I also want to appreciate Deltans for the love and support they have shown to this administration, for the peace we are enjoying and for the progress that we have achieved.
“For running this state for months without borrowing, it shows that we are very disciplined in our finances. We have been managing our resources very well and we are not going to borrow for now.
“What we have as a reserve can withstand any economic shock. We are very confident as a state and we are paying contractors and even mobilizing them.
“We are doing that to encourage the contractors to have speed in their work because we are not too stable economically. We don’t know how it will be tomorrow and I want to assure Deltans that we will continue to move Delta State forward.”
