Soludo presents N757bn 2026 budget proposal to Anambra State assembly
Governor of Anambra State Chukwuma Soludo has presented a budget proposal of N757 billion for 2026 to the state House of Assembly for consideration.
Soludo said the proposed budget tagged- ‘Changing Gears 3.0: Solution Continues’, reflected intensified focus on the execution of his administration’s transformative agenda.
He emphasised that the budget was made up of N595.3 billion capital expenditure, accounting for 79 per cent of the total budget size.
According to him, N 161.6 billion was allocated for recurrent expenditure, translating to 21 per cent of the total budget size.
Prof. SOLUDO highlighted that the budget has a deficit of N225.7 billion, which is expected to be financed through hybrid funding options, public–private partnerships, improved internally generated revenue, concessions and support from financial institutions.
Video here
END
