Declan Emelumba

Imo Govt Slashes Revised Budget From ₦140bn To ₦89bn

Imo Govt Slashes Revised Budget From ₦140bn To ₦89bn

In a fresh development, the Imo state government has finalised on the state’s budget review thereby arriving at the decision to slash the state’s budget from ₦140bn to a considerable ₦89bn.

Imo State, Commissioner for Information and Strategy, Declan Emelumba who made the announcement yesterday at the Sam Mbakwe Executive Council Chambers, Government Hous told newsmen that on the directives of the State Governor, Senator Hope Uzodinma, the council had decided to trim the state budget to align with the economic discrepancies which the state is going through.

He said that the Federal Allocation and the State Internally Generated Revenue