Unlocking Lokossa’s Future: Municipality Allocates 7.94 Billion CFA Francs for 2025 Development
- The Lokossa municipal councilors held their 4th regular session of the year on Monday, October 28, and Tuesday, October 29, 2024, and approved the initial budget for 2025.
- The initial budget for 2025 is balanced in revenue and expenditure at 7 billion 94 million 390 thousand 715 CFA francs, representing a 14.51% increase compared to the...
- According to Dominique Odjo OGOUNDELE, Executive Secretary of Lokossa town hall, this increase is due to the consideration of Fadec resources allocated from the 2025 annual share.
Lokossa Municipal Council Approves Initial Budget for 2025
The Lokossa municipal councilors held their 4th regular session of the year on Monday, October 28, and Tuesday, October 29, 2024, and approved the initial budget for 2025.
Key Highlights of the Budget
The initial budget for 2025 is balanced in revenue and expenditure at 7 billion 94 million 390 thousand 715 CFA francs, representing a 14.51% increase compared to the 2nd consolidated budget of the 2024 management.
According to Dominique Odjo OGOUNDELE, Executive Secretary of Lokossa town hall, this increase is due to the consideration of Fadec resources allocated from the 2025 annual share.
Major Investment Projects for 2025
The budget provides for several major investment projects, including:
- Construction of school infrastructure
- Maintenance, development, and sanitation of roads and streets in Lokossa town and surrounding areas
- Construction of a multi-purpose culture and arts center for Lokossa commune
These projects are expected to transform the town of Lokossa in 2025 and improve the quality of life for its residents.