Governor Alex Otti of Abia State has presented a ₦1.016 trillion budget proposal for 2026 to the Abia State House of Assembly. Dubbed the “Budget of Acceleration and New Possibilities,” it represents a 13% increase over the 2025 appropriation.

Budget Highlights

Capital Expenditure: ₦811.8 billion (≈ 80%), marking a 32% increase from 2025.

Recurrent Expenditure: ₦204.4 billion (≈ 20%), up 33% from last year.

Key Priorities

Education: ₦203.2 billion for teacher salaries, 17 model schools, 3 technical colleges, and ICT labs.

Health: ₦149.7 billion to upgrade hospitals, equip health facilities, and renovate general hospitals.

Roads & Transport: ₦169.3 billion for major road projects and electric buses.

Other Sectors: ₦229 billion for agriculture, ICT, housing, youth and women empowerment, and urban renewal.

Revenue & Financing

Projected Revenue: ₦607.2 billion, including ₦223.4 billion from internally generated revenue.

Deficit: ₦409 billion, to be financed through loans for capital projects only.

The 2026 budget emphasizes infrastructure, social services, and human capital development, signaling Otti’s push to accelerate Abia State’s growth while maintaining fiscal discipline. Visit www.jocomms.com for more news.