Governor Soludo Remains Committed to Responsible Fiscal Management

   Governor Soludo Remains Committed to Responsible Fiscal Management

Governor Chukwuma Charles Soludo has reaffirmed his administration’s commitment to responsible fiscal management, with a focus on prudent management of the state’s resources.

The governor made this assertion while presenting the 2026 budget, titled “Changing Gears 3.0 Solution Continues,” of N757,884,487,705 to the Anambra State House of Assembly, an increase from the 2025 budget of ₦606,991,849,118, with a focus on accelerating development and further transforming the state with a new developmental drive.

The governor, who has not borrowed in executing the avalanche of projects and landmark achievements in the state, emphasised responsible fiscal management as a cornerstone of his administration’s development agenda, with a focus on financing projects that generate revenue and strengthen the state's economy.

Governor Soludo stated that funding the budget remains one of the most persistent challenges, but his administration believes in its mantra of ‘doing more with less.’

“It is no accident that Anambra has been ranked No. 1 in fiscal transparency, and more recently, the leading State in fiscal sustainability. We have cut the cost of governance to the bare bones, prioritising value over volume. The unprecedented ratio of 21 percent recurrent to 79 percent capital expenditure speaks volumes. We are investing in tomorrow, not consuming today,” he explained.

The governor asserted that in the coming weeks, the state will be partnering to launch an aggressive, technology-driven renewal of the internally generated revenue system, blocking leakages, widening the tax net, supporting willing taxpayers, and enforcing compliance where necessary.

“We will continue to deepen strategic partnerships with the Federal Government, the international community, the private sector, our productive local governments, and vibrant communities. We are proud of the many communities and stakeholders who, in the true Anambra spirit, are investing heavily in their communities, and complementing government efforts in unprecedented ways,’ Governor Soludo said.

He added, “Together, we are expanding the big tent of collective development. To demonstrate our commitment to our development partners, we have set aside counterpart funding in this budget. This will unlock more opportunities, more grants, and more collaborative projects for our State.”

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.