Edo state executive council approves N799.8b supplementary budget for 2025

The Edo State Government has approved a revised supplementary budget of ₦799.82 billion for the 2025 fiscal year, representing an 18 percent increase from the previously approved ₦675.22 billion.

The decision was reached during an emergency executive council meeting held on Monday, September 29, 2025, and presided over by the Governor of Edo State, Senator Monday Okpebholo.

Speaking after the meeting, the Commissioner for Finance, Emmanuel Okoebor, said the upward review — amounting to an additional ₦125 billion — was necessary to align with the administration’s developmental agenda. He stressed that the funds would be strategically channeled into key sectors, particularly infrastructure development, which remains a top priority of the state government.

He explained: “Previously we have a budget of N675 billion with recurrent expenditure having about 33 percent and capital 67 percent. The new revised budget now has about 70 percent for capital expenditure as against 30 percent for recurrent expenditure. It shows the commitment of governor Monday Okpebholo in infrastructural development in Edo state.”

Okoebor further explained the size and nature of the increment.

He said: “The increment in the budget is about N125 billion, which signifies about 18 percent of the previous budget. Recurrent increased with about N12 billion, while capital is about N113 billion from the previous one. Given about 25 percent increment in Capital expenditure and just 5 percent increment in recurrent expenditure.

“It clearly shows that the government is concerned about infrastructural development making Edo people happy. We have done about 254KM of road across the state, and many more construction works are ongoing.

“Recurrent expenditure has about 5 percent increment as the increase in minimum wage necessitated that increment including a lot of employment the present administration did in hospital management board for over 1000 and it needs to be captured.

“The budget has been increased by N125 billion, which is about 18 percent, and capita expenditure about 25 percent increment, from N450 billion to N563 billion.”

According to the Honourable Commissioner for Information and Communication, Paul Ohombamu, the revised budget is expected to be forwarded to the Edo State House of Assembly for legislative consideration and passage.