Governor Chukwuma Soludo at plenary on Tuesday, presented seven hundred and fifty seven (757) billion, eight hundrend and eighty four (884) million, four hundrend and eighty seven (487) thousand, seven hundred and five (705) naira, proposed budget for the 2026 fiscal year to the Anambra State House of Assembly.
Tagged “Changing Gears 3.0: Solution Continues,” the budget represents a 24.1% increase from the outgoing 2025 budget, reflecting intensified focus on execution.
Presenting the budget, Governor Soludo said Administrative Sector has 12.2%, Economic Sector (26.7%), Social Sector (31.4%), Education (46.9%), Health (13%), and Infrastructure Investments (27.7%).
He noted that these increases reflect priorities in strengthening human capital, boosting economic growth, expanding critical infrastructure, and securing the well-being of Ndi Anambra.
Governor Soludo maintained that his focus in 2026 is to deepen and consolidate the foundations laid in first tenure, while also introducing new legacy projects that will define Anambra’s future for decades to come while delivering across the five pillars of the Solution Agenda.
” From all that has been presented thus far, it is evident that there is no slowing down in our journey. Rather, we will accentuate the drive as this is an agenda with a deadline. We remain focused on acceleration mode, driven by a steadfast commitment to execution.
“In 2026, we intend to focus even more intensely and intentionally on the full execution of our multi-faceted agenda. Accordingly, we have appropriately titled the 2026 Budget: “Changing Gears 3.0: Solution Continues”.
“Yes, indeed Solution Continues and surely in the second term of this administration, we will turn on to Gear 4 for speedy acceleration as we continue to lay solid foundations en route to Anambra’s ADTS vision.
“The proposed budget size for the 2026 fiscal year is ₦757,884,487,705. When compared to the 2025 budget of ₦606,991,849,118, this represents a 24.1% increase, reflecting our intensified focus on execution.
“Recurrent expenditure is projected at ₦162.6 billion, representing a 16.6% year-on-year growth, while capital expenditure stands at ₦595.3 billion, a 26.3% growth relative to 2025. Notably, the Capital Budget accounts for 79% of the total budget size, with recurrent expenditure at 21% — a clear demonstration of our commitment to deliver tangible outcomes for Ndi Anambra.
“The budget deficit is estimated at ₦225.7 billion, representing 29.8% of the total budget size. As previously, this deficit is expected to be financed, if necessary, through hybrid financing options including possible privatization proceeds, bump in IGR collections, and concessionary borrowing mostly for bankable projects. However, since the beginning of this administration, we have not borrowed to finance budget deficits, and depending on the pace of execution in 2026, we may still not need to borrow. Our fiscal discipline remains firm.
“Relative to 2025, all key sectors increased year-on-year: 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 Ndi Anambra.
“Our focus in 2026 is to deepen and consolidate the foundations laid in our first tenure, while also introducing new legacy projects that will define Anambra’s future for decades to come while delivering across the five pillars of the Solution Agenda. Our central priorities remain Security, law, and order; Infrastructure and Economic Transformation; and Human Capital Development. At least 70% of the 2026 budget is allocated to these critical sectors, reflecting their importance to our long-term development trajectory.
“We are sustaining the momentum of our transport infrastructure revolution especially building/dualizing strategic roads, bridges, and flyovers that connect the entire state. We will continue major investments in our mass transit systems, expanding buses, developing new jetties, acquiring boats, and facilitating safer, faster transportation along our waterways.
“We are exploring PPP financing model for our Rail Masterplan. Alongside this, we are progressing with the development of three new cities: Awka 2.0, Greater Niger, and the Aerotropolis/ New Industrial-commercial City. The construction of the Anambra Mixed-Use Industrial City will commence in earnest in 2026. This project signals the next phase of our 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.
“In 2026, our plan is to deepen ongoing investments in education, sustaining our free and qualitative education and bursary scheme. We will continue constructing new schools, while upgrading and equipping existing ones to meet modern standards. To begin, we will commence the construction of new public primary schools in 30 out of the 76 communities that have never had a public primary school, setting a new benchmark for what an ideal school should look like in Anambra State.
“Alongside this, we will sustain the aggressive upgrade of infrastructure in our primary and secondary schools through multiple schemes especially the ASUBEB programme, ensuring that learning environments across the State are conducive and equipped. In addition, we will be establishing two specialist tertiary institutions to strengthen our higher education. We will continue to support mission schools, particularly the returned mission schools.
“Similarly, we will be deepening our ongoing interventions in healthcare and, in addition, completing the investment in the entire healthcare ecosystem with the completion of our College of Nursing and the construction of our specialist teaching hospital (with specialization in Oncology). Alongside these, we will continue the renovation and equipping of existing primary and secondary healthcare facilities across the State, among other interventions.
” Also, in 2026, we plan to scale up the One Youth, Two Skills programme to accommodate even more young people, equipping them with the skills and resources needed to thrive as entrepreneurs.
“We are equally intensifying our investment in digital skills development. This includes the completion of the iconic Solution Innovation District (SID) building and the development of the broader district in partnership with the private sector, further positioning Anambra as a growing hub for technology and innovation”. Soludo said.
In his remark, the Speaker, Anambra State House of Assembly Rt. Hon. Somtochukwu Udeze who reeled out the developmental achievements of Governor Soludo in the last three and half years, pledged that the House will give the budget accelerated passage.
While maintaining that the recent Governorship Election victory renewed the governor’s mandate to the people, the Speaker said having performed well in the outgoing fiscal year, he hoped that next year’s budget will set the tone for his second term administration.
“However, Mr. Governor, as we receive the 2026 budget proposal today, we must
emphasize that this appropriation carries particular significance. This budget will
set the tone for your second tenure and will largely determine the legacy of the
Soludo administration.
” It is the foundation upon which the next four years will be built. The expectations of Ndi Anambra are high, and rightly so, given the renewed mandate they have bestowed upon you. This budget must therefore be bold, strategic, and implementable a document that not only continues the momentum of the first tenure but accelerates it”. Udeze submitted.
In a vote of thanks, the member representing Anaocha two Constituency,
Hon. Ejike Okechukwu in a vote of thanks, assured that the 8th assembly will continue to do its part in making the vision of the Governor successful.
Hon. Okechukwu who is the Chairman House on budget and appropration revealed that the budget defense will commence on December 1st 3025. He urged all Ministries to abide by the table by providing all required documents as demanded.
Angel Network News (ANN) reports that
a bill for a law to provide for the sum of
seven hundred and fifty seven (757) billion, eight hundrend and eighty four (884) million, four hundrend and eighty seven (487) thousand, seven hundred and five (705) naira, for the services of Anambra State for the year ending 31 December 2026 and for related purposes was red for the first time after a motion moved by yhe Majority leader Hon. Ikenna Ofodeme and was seconded by minority leader Hon. Johnbosco Akaebobi.
