AKSG Approves 2025 Supplementary Budget Of N695bn

By Bassey Nkponam 
UYO
The Akwa Ibom government has approved N695 billion augmentation of the 2025 supplementary budget estimate.
With this approval, the total budget size for 2025 now stands at N1.65 trillion, comprising N125,664,328,180 for recurrent expenditure and N569,335,671,820 for capital expenditure, incorporated into the original appropriation of N955 billion.
The approval was given by the State governor, Pastor Umo Eno, during the State Executive Council meeting, at the Executive Council Chamber, Government House, Uyo, weekend.
The commissioner for information, Dr Aniekan Umanah, who stated this in an excerpt from the meeting which was signed by him, said the approval was in consideration of a memorandum from the ministry of budget and economic planning for a 2025 supplementary budget estimate.
Umanah said the council also approved the amendment of the Medium-Term Expenditure Framework, MTEF, in line with the Fiscal Responsibility Law of Akwa Ibom, raising it from N980 billion to N1.7 trillion.  
“In line with the need to realign priorities and provide for emerging expenditures in government projects and programmes, Council considered a memorandum from the ministry of budget and economic planning for a 2025 supplementary budget estimate and approved an augmentation to the sum of N695 billion. 
“With this approval, the total budget size for 2025 now stands at N1.65 trillion, comprising N125,664,328,180 for Recurrent Expenditure and N569,335,671,820 for Capital Expenditure, incorporated into the original appropriation of N955 billion.
“Council also approved the amendment of the Medium-Term Expenditure Framework, MTEF, in line with the Fiscal Responsibility Law of Akwa Ibom State, raising it from N980 billion to N1.7 trillion”, he stated.
According to him, the supplementary budget was expected to provide for the implementation of the new minimum wage and personnel emoluments; allowances for NYSC members serving in the state and Akwa Ibom NYSC members serving outside the state; emergency flood and erosion control; completion of ongoing projects affected by inflation; construction of new infrastructure across the state; purchase of Ibom CNG Mass Transit buses;  and funding for newly created Ministries of Sports, Digital Economy, Humanitarian Services and the Bureau of Rural Development and Cooperatives.
Others are: tree crop revolution programme; construction of new housing estates; renovation of the House of Assembly complex; capital provisions for the acquisition of new aircraft; as well as  the development of the ARISE Shopping City.
Umanah further said  that, Council had also received an update on the Treasury Single Account, TSA and the Akwa Ibom Geographic Information System, AKWAGIS,  projects and fixed October 15, 2025, as the launch date.
He explained that while the TSA was designed to improve Internally Generated Revenue, IGR, block leakages, strengthen fiscal transparency and accountability, and enable real-time revenue tracking through automation, the AKWAGIS initiative will provide comprehensive land management data, ensure seamless digitized processes, and facilitate instant issuance of Certificates of Occupancy, CofO, in the State.