“Gov. Emmanuel signs the N700 billion 2023 budget and raises the teacher retirement age:

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Governor of Akwa Ibom State, Mr Udom Emmanuel on Friday gave assent to the 2023 appropriation law earlier passed by the State House of Assembly.

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The law has a total financial outlay of N700 Billion, comprising N344 Billion for recurrent expenditure and N356 Billion for capital expenditure.

 

This was contained in a press release signed by the Commissioner for Information and Strategy, Mr Ini Ememobong at the end of an enlarged State executive meeting.

 

The release also stated that the Governor had given approval for the extension of the retirement age for teachers in the public schools from 60 to 65 years, saying that it took effect from 30th December, 2022.

 

The release added that approval was granted for the release of the sum of N675 million for the payment of 2019 leave grant to teachers under the government employ.

It also said the Governor gave approval for the remediation of the dump site at Uyo village road and landfill management, and mandated the Ministry of Environment and Solid Minerals and the Akwa ibom State Environmental Protection and Waste Management Agency to execute the task.