nugu State Governor, Dr. Peter Ndubuisi Mbah has presented a record-breaking 1.62 Trillion Naira budget proposal to the Enugu State House of Assembly, marking a bold fiscal push aimed at accelerating infrastructure delivery, social services and economic expansion across the state.
Presenting the 2026 Appropriation Bill tagged: Budget of Renewed Momentum for 2026 to 2028, Governor Mbah said will move from laying foundation to scaling transformation across every sector.
Our Government House Correspondent Fred Nnaji reports that the governor described it as a transformational budget designed to consolidate the administration’s agenda of disruptive innovation, massive infrastructure buildout, and the transition of Enugu into a premier investment destination.
The new proposal represents a 66.5 percent increase over the 2025 budget, signaling the government’s intention to deepen capital-intensive development.
According to the governor, the budget will be funded through a combination of 870 billion Naira in Internally Generated Revenue (IGR), 387 billion Naira from the Federation Accounts Allocation Committee (FAAC), and 329 billion Naira from capital receipts, including development financing and partnerships.
Governor Mbah emphasized that the budget maintains a strategic tilt toward growth-stimulating expenditure, setting aside 20 percent for recurrent spending and dedicating 80 percent to capital projects across key sectors.
He noted that the spending plan will prioritize infrastructure renewal, education, healthcare, water supply, technology, job creation, and security, areas he said are essential to achieving the administration’s long-term development blueprint.
The governor said his administration will be constructing 5 new bus terminals at 9th Mile, 4 corner, Udi, Awgu and Obollor-Afor as well as the procurement of 14 new additional aircraft for Enugu air fleet making it 20 in number .
The presentation marks a significant milestone in the state’s fiscal planning cycle as the Assembly prepares to scrutinize the proposal in the coming days.
Share on WhatsApp
Share on Facebook
1 Comments
The Gov has done well, the problem will be when he is accountable for the money, whch will happen