2026 Budget: Uzodimma Proposes N1.4 Trillion Plan to Imo State Legislature

Hope Uzodimma, the governor of Imo State, gave the state House of Assembly a proposal worth N1.4 trillion for the 2026 fiscal year on Monday.

With a total of N1,430,573,590,405.04, the budget dubbed the “Budget of economic breakthrough” represents a 78% increase from the N807 billion budget for 2025.

Governor Uzodimma stated, “The proposal consists of 83.4% capital expenditure and 16.6% recurrent expenditure,” while presenting the budget to the legislature.

He went on to say that his goal was to eliminate “a generator-based power economy and provide world-class infrastructure to facilitate economic breakthrough,” and that the figure was based on better government allocation and internally produced revenue.

The Governor stated in the plan that “the total projected Capital Expenditure is N1,201,073,590,752.04, while the Recurrent Expenditure for the 2026 fiscal year is N238,499,999,653, covering personnel costs, overheads, and subventions.”

He characterized this as an unambiguous declaration of the direction and resolve of his administration to supply necessary infrastructure for economic growth.

According to the governor, N20.506 billion will go to the Ministry of Agriculture and Food Security and N698.163 billion to the Ministry of Health.

He claims that the state’s Ministry of Works and Infrastructure Development receives N87.727 billion, the Ministry of Entrepreneurship and Skill Acquisition receives N6.471 billion, the Ministry of Power and Electrification receives N190.451 billion, the Education Ministry receives N60.623 billion, and the Ministry of Rural Development receives N15.106 billion.

Nonetheless, he praised the state legislature for their complete support and collaboration with the executive branch of government and for being genuine partners in growth.

Earlier, Mr. Chike Olemgbe, the Speaker of the House, expressed optimism that the budget will lead to more and better power generation in the state, more infrastructure projects, better healthcare, more human capital development, and continued food security.

Olemgbe praised the governor for his efforts aimed at bolstering state security and said the governor has maintained to uphold the principles of democracy as outlined in the constitution.

Along with praising the governor’s accomplishments, he reassured him that the House will support his policies aimed at advancing the state.