National Economy
Wednesday, December 3, 2025
No Result
View All Result
  • Home
  • News
    • International Business
  • Lead-In
    • Cover
    • Investigation
  • Energy
  • Economy
    • Nigerian Economy
    • Fiscal Policy
    • Agri Business
    • Transportation
    • Industry
    • Competition
    • Homes & Property
    • Insurance
    • Companies & Markets
      • Companies
      • Capital Market
  • Tech
  • States & Politics
  • Commentary
    • Analyst
    • Business Matters
    • All Angles Considered
    • ClickSend
  • Editorial
  • Data
  • Others
    • Opinion
    • Analysis
    • Money Guide
    • Growth
    • Sport Economy
News
National Economy
No Result
View All Result
  • Home
  • News
  • Lead-In
  • Energy
  • Economy
  • Tech
  • States & Politics
  • Commentary
  • Editorial
  • Data
  • Others

Ododo Unveils N820.5bn Budget For 2026

by Ngozi Ibe
December 3, 2025
in Business, Budget
Ododo,Budget

Kogi State Governor, Ahmed Ododo, has presented a 2026 Appropriation Bill of N820.49 billion to the State House of Assembly, projecting a fiscal year shaped by internally driven growth and a stronger revenue base.

Presenting the proposal in Lokoja on Tuesday, Ododo said the budget—tagged “Budget of Shared Prosperity: Driving Sustainable Growth for All”—allocates N470 billion to recurrent expenditure and N350.5 billion to capital projects. It also includes a surplus capital development fund of N102.5 billion, signalling an expansionary outlook for 2026.

He said the plan is anchored on fiscal self-reliance, restructuring Kogi’s IGR architecture and adopting innovative financing models to reduce the state’s dependence on federal allocations over time.

Ododo listed top priorities for 2026 to include human capital development, youth and women empowerment, and an education sector push aimed at expanding access and improving quality to build a competitive workforce. He added that health, infrastructure upgrades—covering transportation, housing and airport services—and agricultural expansion remain central to boosting productivity and securing food systems.

Other focus areas include water and sanitation, enhanced revenue generation, and strengthened peace and security to support a stable investment environment.

YOU MAY ALSO LIKE

Equities Add N1.29trn As Market Extends Rally

Stakeholders Hail Mbah’s 33% Budget Allocation To Education

“These sectoral investments are designed to stimulate enterprise, generate jobs and widen opportunities for young people, women and small businesses,” he said.

Speaker Umar Yusuf assured the governor of the Assembly’s continued collaboration, noting that Ododo’s decision to grant full legislative autonomy has improved accountability and strengthened the House’s institutional capacity.

Author

  • Olushola Bello
    Olushola Bello

ShareTweetShare

OTHER GOOD READS

Stock Market Ends June Trading With N11bn Decline
Business

Equities Add N1.29trn As Market Extends Rally

26 minutes ago
Mbah To Set Up Committee To Review Alleged Tax Increase In Enugu
Budget

Stakeholders Hail Mbah’s 33% Budget Allocation To Education

51 minutes ago
NAJA To Hold 2025 International Auto Awards December 16
Business

Auto Stakeholders Endorse 2025 NAJA Int’l Auto Awards

2 days ago
Next Post
Mbah To Set Up Committee To Review Alleged Tax Increase In Enugu

Stakeholders Hail Mbah’s 33% Budget Allocation To Education

© 2025 | National Economy Newspaper | All Rights Reserved

No Result
View All Result
  • Home
  • News
    • International Business
  • Lead-In
    • Cover
    • Investigation
  • Energy
  • Economy
    • Nigerian Economy
    • Fiscal Policy
    • Agri Business
    • Transportation
    • Industry
    • Competition
    • Homes & Property
    • Insurance
    • Companies & Markets
      • Companies
      • Capital Market
  • Tech
  • States & Politics
  • Commentary
    • Analyst
    • Business Matters
    • All Angles Considered
    • ClickSend
  • Editorial
  • Data
  • Others
    • Opinion
    • Analysis
    • Money Guide
    • Growth
    • Sport Economy

© 2025 | National Economy Newspaper | All Rights Reserved