Governor Francis Nwifuru of Ebonyi state, Tuesday presented 2026 budget of ₦884,868,327,429.94bn to the state House of Assembly.
The budget tagged “budget of Actualization and Hope” has recurrent of ₦135,376,004,846.72bn and capital budge as ₦749,492,322,583.22bn.
Presenting the budget at the Assembly complex, the governor said, “In light of the above, Mr. Speaker, very distinguished members of this great Assembly, we are here to present a budget with the total size of, Eight Hundred Eighty-Four Billion, Eight Hundred Sixty-Eight Million, Three Hundred Twenty-Seven Thousand, Four Hundred Twenty-Nine Naira And Ninety-Four Kobo (₦884,868,327,429.94), with recurrent budget of a total of One hundred and thirty-five billion, three hundred seventy-six million, four thousand, eight hundred forty-six naira and seventy-two kobo (₦135,376,004,846.72) while capital stands at Seven Hundred Forty-Nine Billion, Four Hundred Ninety-Two Million, Three Hundred Twenty-Two Thousand, Five Hundred Eighty-Three Naira And Twenty-Two Kobo (₦749,492,322,583.22)”.
Summarizing the actualization of the state budget from 2024 to the coming year 2026, he said,”The sectoral summary for personnel cost shows that personnel cost has improved significantly when compared to the 2024 actuals to the 2026 proposed budget.
“This is due to the implementation of our enhanced pay package for civil and public servants.
The overhead sectoral summary cost reflects a slight increase in 2026 compared to 2025, due to our resolve to enhance the efficiency and productivity of government Ministries, Departments and Agencies.
“For the sectoral summary of capital cost, this increase significantly and has shown the highest since the creation of the state. This shows an improvement in our economic status and proves the efficacy of our economic policies.
“Comparing the proposed 2026 budget with that of the 2025 final budget shows our commitment to actualising the people’s charter of needs with a significant increase in all the sectors.
Nwifuru called for the support of the state Assembly in achieving development of the state.
The budget passed first and second reading and was adopted as a working document by the Speaker of the Assembly Hon. Moses Odanwu and the entire Assembly members.
