Kogi State Governor, Alhaji Ahmed Usman Ododo, has approved the 2026 draft budget, titled \u201cBudget of Shared Prosperity.\u201d<\/p>\n
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This bold \u20a6820.49 billion budget represents a 35.7% increase from the 2025 revised budget, signalling a new era of sustainable growth and inclusive development in the state.<\/p>\n
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While briefing the Press after the State Executive Council Meeting on Wednesday, the Commissioner for Finance, Asiwaju Asiru Idris, revealed that the budget focuses on five key areas: boosting internal revenue, strengthening debt recovery, fostering a business-friendly environment, deepening public-private partnerships, and ensuring project completion.<\/p>\n
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In his words, “The 2026 Budget proposals reflect a robust and balanced financial strategy emphasising enhanced revenue generation, strategic expenditure control, and a strong commitment to capital investment.<\/p>\n
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\u201cThe significant increase in both recurrent revenue and capital expenditure underscores the Government\u2019s determination to expand infrastructure and improve service delivery.<\/p>\n
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\u201cEffective monitoring of revenue inflows and strict fiscal discipline will be critical to achieving the desired outcomes. The total estimated Revenue (Recurrent and Capital) of \u20a6820,490,585,443.<\/p>\n
\u201cThe total estimated Expenditure (Recurrent and Capital) of \u20a6820,490,585,443.<\/p>\n
The balanced 2026 Draft Budget of \u20a6820,490,585,443,” he said.<\/p>\n
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Ododo’s administration is also intensifying efforts to combat insecurity, with the Commissioner for Information, Hon. Kingsley Fanwo, highlighting significant progress in the state’s security architecture.<\/p>\n
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The meeting also addressed critical issues, including access to clean water, road safety, and land administration reforms.<\/p>\n
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Fanwo noted that Governor Ododo has directed all the commissioners to sink 3 boreholes each in their LGAs and tasked the Council to take over land consent authority to curb fraudulent deals.<\/p>\n
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The inclusive meeting, which included former commissioners, reflected Governor Ododo’s commitment to unity and collective progress.<\/p>\n
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Former Commissioner, Honourable Salisu Sani Ogu, praised the Governor’s leadership, saying, \u201cHe has shown a desire to carry everyone along and build on the foundation laid since 2016.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"
Kogi State Governor, Alhaji Ahmed Usman Ododo, has approved the 2026 draft budget, titled \u201cBudget of Shared Prosperity.\u201d This bold \u20a6820.49 billion budget represents a 35.7% increase from the 2025 revised budget, signalling...<\/p>\n","protected":false},"author":2,"featured_media":9384,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-9383","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t