Governor Soludo Presents 2026 Budget of N757.8 Billion, Focuses on Accelerating Development

 Governor Soludo Presents 2026 Budget of N757.8 Billion, Focuses on Accelerating Development

Governor Chukwuma Charles Soludo has presented the 2026 budget of N757,884,487,705 to the Anambra State House of Assembly.

The budget, titled “Changing Gears 3.0 Solution Continues,” represents a 24.1 percent increase from the 2025 budget of ₦606,991,849,118, with a focus on accelerating development and transforming the state into a smart megacity.

The governor, who expressed gratitude to the people of Anambra for their renewed mandate, for re-electing him for a second term, stated that his administration has not borrowed to finance budget deficits, and depending on the pace of execution in 2026, there will still be no need to borrow.

He affirmed, “Our fiscal discipline remains firm. Relative to 2025, all key sectors experienced year-on-year growth: Administrative Sector (12.2%), Economic Sector (26.7%), Social Sector (31.4%), Education (46.9%), Health (13%), and Infrastructure Investments (27.7%). These increases reflect our priorities in strengthening human capital, boosting economic growth, expanding critical infrastructure, and securing the well-being of the people of Anambra.”

Governor Soludo said the focus in 2026 is to deepen and consolidate the foundations laid in the first tenure, while also introducing new legacy projects that will define Anambra’s future for decades to come, across the five pillars of the Solution Agenda, namely, Security, Law, and Order; Infrastructure and Economic Transformation; and Human Capital Development.

He pointed out that 70 percent of the 2026 budget is allocated to these critical sectors, reflecting their importance to the state’s long-term development trajectory.

According to him, his administration will continue to sustain the momentum of transport infrastructure revolution, especially building/dualising strategic roads, bridges, and flyovers that connect the entire state. It will continue major investments in mass transit systems, increasing the number of buses, developing new jetties, acquiring boats, and facilitating safer, faster transportation along our waterways.

The governor asserted that his government will adopt the public-private partnership (PPP) financing model for the state’s rail masterplan, and also progress with the development of three new cities: Awka 2.0, Greater Niger, and the Aerotropolis/ New Industrial-commercial City.

He added that the construction of the Anambra Mixed-Use Industrial City will commence in earnest in 2026, a project that would reflect the next phase of the state’s industrial transformation. “Urban planning and regeneration will be accelerated. Furthermore, we will intensify efforts to enhance the Ease of Doing Business in Anambra State, ensuring that our State remains the preferred destination for both local and foreign investors,” Governor Soludo remarked.