{"id":103907,"date":"2023-12-12T21:42:47","date_gmt":"2023-12-12T20:42:47","guid":{"rendered":"https:\/\/www.africa-press.net\/nigeria\/uncategorized\/otti-presents-n567bn-budget-for-abia"},"modified":"2023-12-13T00:28:06","modified_gmt":"2023-12-12T23:28:06","slug":"otti-presents-n567bn-budget-for-abia","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/nigeria\/economy\/otti-presents-n567bn-budget-for-abia","title":{"rendered":"Otti presents N567bn budget for Abia"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; Nigeria. <\/strong><\/span>Governor Alex Otti of Abia State has presented the 2024 state budget before the Abia State House of Assembly in Umuahia.<\/p>\n<p>The budget, known as \u201cA New Beginning,\u201d is estimated at N567,240,095,972, with 84 per cent of the sum targeted at capital project expenditure and 16 per cent to be spent on recurrent expenditure.<\/p>\n<p>In his address, while presenting the budget before the lawmakers, Governor Alex Otti said his administration\u2019s ambitions had been constrained by limited resources but explained that it has been innovative enough in dealing with all the challenges.<\/p>\n<p>Otti, who averred that the use of direct labour and core engineering staff has saved the state valuable resources, said that the 2024 budget will consolidate the modest gains of the 2023 budget cycle, especially during the last six months he has been in charge.<\/p>\n<p>\u201cToday\u2019s budget presentation is, therefore, significant in many ways; first, it is the first full-year budget by our government,\u201d he said.<\/p>\n<p>Otti said that the budget he presented, when passed into appropriation, would target more road infrastructure, human capital development, healthcare and human services, social support initiatives, digitization of services, and education, among others.<\/p>\n<p>He further promised to secure every part of the state as well as deepen development in all parts of the 17 local government areas.<\/p>\n<p><strong>For More News And Analysis About <a href=\"https:\/\/www.africa-press.net\/nigeria\">Nigeria<\/a> Follow <a href=\"https:\/\/www.africa-press.net\/\">Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; Nigeria. Governor Alex Otti of Abia State has presented the 2024 state budget before the Abia State House of Assembly in Umuahia. The budget, known as \u201cA New Beginning,\u201d is estimated at N567,240,095,972, with 84 per cent of the sum targeted at capital project expenditure and 16 per cent to be spent on [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":103906,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24,15],"tags":[1208,1570,2140,254,9936],"class_list":["post-103907","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","tag-abia","tag-africa-press","tag-africa-press-nigeria-2","tag-nigeria","tag-otti"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Otti presents N567bn budget for Abia - Nigeria<\/title>\n<meta name=\"description\" content=\"Governor Alex Otti of Abia State has presented the 2024 state budget before the Abia State House of Assembly in Umuahia. ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/nigeria\/economy\/otti-presents-n567bn-budget-for-abia\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Otti presents N567bn budget for Abia\" \/>\n<meta property=\"og:description\" content=\"Governor Alex Otti of Abia State has presented the 2024 state budget before the Abia State House of Assembly in Umuahia. ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/nigeria\/economy\/otti-presents-n567bn-budget-for-abia\" \/>\n<meta property=\"og:site_name\" content=\"Nigeria\" \/>\n<meta property=\"article:published_time\" content=\"2023-12-12T20:42:47+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-12-12T23:28:06+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2023\/12\/sm_1702407128.960253.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1080\" \/>\n\t<meta property=\"og:image:height\" content=\"720\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/otti-presents-n567bn-budget-for-abia#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/otti-presents-n567bn-budget-for-abia\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Otti presents N567bn budget for Abia\",\"datePublished\":\"2023-12-12T20:42:47+00:00\",\"dateModified\":\"2023-12-12T23:28:06+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/otti-presents-n567bn-budget-for-abia\"},\"wordCount\":229,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/otti-presents-n567bn-budget-for-abia#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2023\/12\/sm_1702407128.960253.jpg\",\"keywords\":[\"Abia\",\"Africa Press\",\"Africa Press-Nigeria\",\"Nigeria\",\"otti\"],\"articleSection\":[\"all news\",\"Economy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/nigeria\/economy\/otti-presents-n567bn-budget-for-abia#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/otti-presents-n567bn-budget-for-abia\",\"url\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/otti-presents-n567bn-budget-for-abia\",\"name\":\"Otti presents N567bn budget for Abia - 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