Author: Marketforces Africa

MarketForces Africa, a Financial News Media Platform for Strategic Opinions about Economic Policies, Strategy & Corporate Analysis from today's Leading Professionals, Equity Analysts, Research Experts, Industrialists and, Entrepreneurs on the Risk and Opportunities Surrounding Industry Shaping Businesses and Ideas.

Uzodimma Presents N592bn 2024 Appropriation Bill to Assembly Gov. Hope Uzodinma of Imo on Tuesday presented the state Appropriation Bill totalling N592.2 billion for the 2024 fiscal year to the House of Assembly for consideration and approval. The bill, christened “Budget of Renewed Economic Growth,” comprised N100.99 billion recurrent expenditure, representing 17 per cent, and N491.2billion capital expenditure, representing 83 per cent. Presenting the bill on the floor of the house, Uzodimma said that the capital expenditure increased by 32 per cent. This, according to him, is an indication of his determination to stimulate and fast-track the economic growth of…

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