Emmnauel signs N700bn budget for 2023

The Akwa Ibom State governor, Mr Udom Emmanuel, has signed into law the 2023 Appropriation Bill of N700bn passed by the House of Assembly.

 The budget, signed by Gov Emmanuel during the last State Executive Council (SEC) meeting of 2022, is made up of N356bn and N344bn as capital and recurrent expenditures respectively.

 In a press release signed by the Commissioner for Information and Strategy, Mr Ini Ememobong, Gov Emmanuel also extended the retirement age of teachers in the employ of the state government from 60 to 65 years, effective from December 30, 2022.

 The statement added that, “Approval was granted for the release of the sum of N675 million for the payment of 2019 leave grant to teachers in government employ. Exco granted approval for the employment of 1,000 junior staff into the state civil service.

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 “Exco granted approval for the training of 2,000 youths in maritime safety and surveillance, to be undertaken by the Ministry of Labour and Manpower Planning.”