Anambra State Governor, Prof. Chukwuma Charles Soludo, has been hailed for his economic vision and fiscal strategy following the presentation of the 2026 draft budget to the Anambra State House of Assembly.
The budget, titled “Changing Gears 3.0: Solution Continues,” marks the final fiscal plan of Soludo’s first term and is positioned to consolidate the administration’s achievements while accelerating development ahead of his second term.
Commissioner for Information, Dr. Law Mefor, described the budget presentation on November 25, 2025, as “epochal,” noting that the figures reaffirm Soludo’s pedigree as a “world-class economist and global citizen poised to transform Anambra into a destination of choice.”
Soludo’s widespread political support was re-emphasised after he secured re-election in all 21 local government areas, winning 73% of total votes in what was regarded as one of the state’s highest voter turnouts.
In his message of unity, he stated, “Ours is one state, one people, with one agenda. Let us unite and build Anambra together.”
The proposed ₦757.88 billion budget for 2026 represents a 24.1% increase from the 2025 figure of ₦606.99 billion. Recurrent expenditure is projected at ₦162.6 billion, while capital expenditure stands at ₦595.3 billion, accounting for 79% of the total budget.
Soludo said the structure reflects the government’s unwavering commitment to delivering tangible results for Ndi Anambra.
The commissioner highlighted that since the beginning of the administration, the state has not borrowed to fund deficits. The 2026 financing gap of ₦225.7 billion, representing 29.8% of the total budget, may be funded through privatisation proceeds, increased IGR, and concessionary borrowing for bankable projects.
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