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– Projects N1.3trn capital expenditure, N321bn recurrent expenditure
– Education gets 32.27% of total budget
– Economic sector, social sector lead allocations with N825.9bn and N644.7bn, respectively
– Earmarks N20bn for gratuities
– Lauds Tinubu’s policies as Enugu exceeds projected FAAC inflow
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The Sun
Governor of Enugu State Dr Peter Mbah, on Tuesday, presented a record N1.62 trillion 2026 budget estimate to the Enugu State House of Assembly, stating the administration is now scaling transformation across every sector after laying the foundation.
The figure represents a 66.5% increase over the N971 billion revised 2025 budget.
Dubbed the Budget of Renewed Momentum, Governor Mbah said the budget comprises a capital expenditure of N1,296,092,465,000 (80%) and a recurrent component of N321,305,000,000 (20%), totalling N1,617,397,465,000.
Funding will come from a projected N870bn internally generated revenue (IGR), N387bn from the Federal Account Allocation Committee (FAAC), and N329bn in capital receipts. Sectoral allocations: the Economic Sector will receive N825.9bn (51%), followed by the Social Sector (N644.7bn, 40.1%). Administration, Justice, and Regional sectors receive N128bn, N15.8bn, and N2bn, respectively.
Governor Mbah emphasised: “Allocating N825.9bn to the business sector is strategic. When we invest in agriculture, industry, and trade, we create jobs, reduce poverty, and generate revenue that strengthens the economy. The performance of this sector is central to our vision of seven-fold GDP growth in Enugu.”
Other News
Economic highlights include plans for 1,200 urban roads, significant rural roads, 40km Owo-Ubahu-Amankanu-Neke-Ikem dual carriageway, dualisation of Abakpa Nike-Ugwogo Nike-Ekwegbe-Opi-Nsukka Road, and the 21.65km Enugu-Abakaliki Expressway.
For transportation: the state will acquire 14 additional aircraft for Enugu Air, bringing the fleet to 20; three planes to arrive before end of 2025. The government plans five more transport terminals in Emene, Udi, Awgu, Four-Corners (Ozalla), and Obollo-Afor. 15% of the budget is set aside for mass housing (15,000 units), and infrastructural development at New Enugu City will ramp up.
Agriculture: 20-hectare farm estates in all 260 wards are in the works, several already underway.
Education (social sector) will get 32.27% of the budget, in line with past years. Focus in 2026 includes Smart Secondary Schools and TVET colleges across the state. The government cites the high social cost of out-of-school children for making large education investments.
N20bn is earmarked for clearing longstanding gratuities to workers, with a pledge not to delay benefits. N11bn will fund the second phase of the security surveillance system. Health receives 10% of the budget.
2025 Budget Performance
As of now, around N806bn has been spent, representing 97.5% of all monies received and 83% budget implementation as against the N871bn revised budget.
IGR for 2025 is on track to exceed ₦400bn, a record for the state and 221.6% increase over 2024. The governor credited Tinubu’s economic policies, especially bold reforms such as subsidy removal and forex unification, which helped exceed FAAC inflow projections by over 50% (₦230bn vs ₦150bn projected). Macro indicators, foreign reserves, and exchange rates are stabilising as a result.
