Enstranged Governor Ikpeazu Presents N96.7bn 2016 Budget for Abia

Governor Okezie Ikpeazu of Abia who was sacked by a Court of Appeal in Owerri today has presented a N96.7billion budget for 2016 to the state House of Assembly for approval.

In his place, the court ordered the Independent National Electoral Commission to swear in Dr Alex Otti, candidate of the All Progressives Grand Alliance (APGA).

Not perturbed by the court ruling, Ikpeazu who addressed the House in Umuahia on Thursday during the budget presentation, said that the budget was 22.8 per cent less than the 2015 budget of N102.4 billion. Read more...


The governor said that the 2016 budget was anchored on the International Public Sector Accounting Standards (IPSAS).

“Our capital expenditure is proposed to be N37.8 billion while the recurrent expenditure will be N58.9bn,” the governor said.

Ikpeazu said that “in meeting the demands of the budget, we do not desire to compound the problems of the good people of Abia”.