Governor Okpebholo Presents N939.8bn Budget for Edo State 2026

On Tuesday, Edo State Governor Monday Okpebholo gave the State House of Assembly a budget estimate of N939,850 billion for 2026.

The budget was reportedly dubbed the “Budget of Hope and Growth.”

According to Okpebholo, the budget is more over N140.03 billion more than the N799,820,058,858,52 billion budget for 2025.

He claims that N302 billion, or 32 percent, is set aside for recurring expenses and N637 billion, or 68 percent, is allotted for capital expenditures.

He clarified that the goal of the 2026 budget projection is to build on the progress made during his first year in office, broaden the government’s influence, and give the Edo people hope for better governance.

The goal of the 2026 Budget of Hope and Growth is to expand upon the groundwork we established in 2025. It is a budget that addresses the demands of our citizens. Security, infrastructure, agriculture, education, employment generation, and healthcare are its main priorities.

“Roads, schools, hospitals, water, housing, and economic initiatives will remain Edo State’s top priorities. According to Okpebholo, “Our people want real development they can see and feel.”

According to the governor, the budget will be financed by N160 billion from internally generated revenue, N480 billion from the Federal Account Allocation Committee (FAAC), N153 billion from capital receipts and grants, N146 billion from public-private partnerships, and other state-available revenue streams.

The governor promised that instead of placing undue financial strain on individuals, his administration will enhance mechanisms and prevent leaks.

The economic sector has the largest share of N614.2 billion, followed by the administrative sector with N157.7 billion and the social sector with N148.9 billion, according to the sectoral breakdown allocations.

According to Okpebholo, the budget is based on the government’s SHINE Agenda, which consists of five pillars: education, natural resources/agriculture, infrastructure, health, and security.

He went on to say that the goal of the 2026 budget is to create prosperity and a unified Edo State where all communities are impacted by governance and all citizens have hope.