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The Abia State Budget of Industrial Transformation

The Abia State Budget of Industrial Transformation

You need to go way back to the days of Michael Iheonukara Okpara (Premier of Eastern Nigeria during the First Republic) to see a resemblance of what Abia State has in the 2024 budget. Chief Okpara built Aba and made it a hub of making things.

This is the sankofa moment and Abia is going back to the past, to learn, in order to improve the future. In the 2024 budget, Abia will put 84% to capital expenditure. Of course, civil servants will receive pay raises and all the support they need.

Abia State has a literacy rate of above 95% but we can get to 99%. So, education takes 20% of the budget: “Capital Expenditure took the lion’s share, claiming 84% of the total budget, while 16% was allocated to Recurrent Expenditure. This allocation pattern signifies a considerable commitment to boosting infrastructure and growth in the state. Notably, 20% was allocated to education and 15% to healthcare, underlining the government’s dedication to these critical sectors.”

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