Anambra Targets 75% Performance For 2025 Budget By December
The Anambra government says it has recorded about 61 per cent rate in the implementation of the 2025 budget as at the end of October.
Ms Chiamaka Nnake, Commissioner for Economic Planning and Budget disclosed this while giving a breakdown of the N757.884,437,705 budget presented to the Anambra House of Assembly by Gov. Chukwuma Soludo.
Soludo on Tuesday presented the 2026 appropriation bill with the title “Changing Gear 3.0: Solution Continues.
Nnake said the government has entered the last stage of implementation with the passage of election and expressed confidence that the 2025 budget would reach 75 per cent by the end of December.
She said the budget with a capital component of N595,281,685,500 and recurrence of N162, 602, 802,205 with ratio 79 per cent to 21 per cent was 24.05 per cent higher than the 2025 size of N610,966,849,117.
She said the major challenge to achieving full implementation was the shortfall in internally generated revenue and federal allocation projections adding that the current rate was achieved without borrowing even though it had a N135 billion deficit.
Nnake said N250 billion would be used for completion of and construction of new roads, while N75 billion would be used for development of new cities including Awka 2.0, Greater Niger and an Aerotropolis.
She said micro enterprises would get support of N2 billion, counterpart fund N3 billion, erosion control would get N5 billion while N10 billion would go to entertainment, culture and tourism development.
She said an outlay of N54.9 billion would be used for general hospitals, medical equipment and maintenance, free antenatal and delivery, construction of nursing college, specialist diagnostic center and upgrade of teaching hospital.
“The Ministry of Information has a budget of N2.7 billion, under works, N15 billion was budgeted for development of a 4-Star hotel, N5 billion for development of new market and N3 billion for completion of Solution Innovation District.
“Government Houses, Lodges and Commissioners’ Quarters will get N1.5 billion while government structures such as Ekwueme Square, International Convention Centre, appointees’ buildings will get N3.8 billion.
“Compensation for acquired land for government projects will get N1.5 billion, transportation will get N1.1 billion, Homeland security N1 billion while N1 billion will be used for oil palm and coconut seedlings,” she said.
Nnake said renovation and upgrade of schools including fencing to boost security would gulp N11 billion and development of new educational institutions would get N22 billion and youth empowerment had a budget of N3.5 billion.
She said the tax potential of Anambra had not been maximised adding that effort would be made to boost the IGR by bringing more taxable items into the net without necessarily increasing the burden on payers.
She said expressed confidence the IGR component of 2026 budget which was N72 billion would be achieved adding that the collection process would be innovative and comprehensive.
