Imo Lawmakers Approve N224 Capital Expenditure

Channels Television  
Updated January 2, 2012
Imo Governor

The Imo State House of Assembly has approved the sum of 224 billion naira for the implementation of a 4-year development plan focused on infrastructure, health, education and security in the state.

Briefing journalists on his stewardship, the state governor, Rochas Okorocha disclosed that as part of the plan, the state government will embark on the construction of 425 kilometre rural roads, dualisation of all roads leading to major towns in the state such as Orlu, Okigwe and Owerri; construction of 27 new and well-equipped general hospitals and a five-star hotel in each of the three major towns.

He however pointed out that there is the need for prudence and sacrifice in managing the affairs and funds of the state against past culture of heavy spending on recurrent expenditure and misappropriation of funds rather that investment on capital projects, adding that part of the funds will be channelled towards the construction of modern markets, industries, modern schools and the rehabilitation of Imo airline.