{"id":9383,"date":"2025-11-07T05:25:17","date_gmt":"2025-11-07T05:25:17","guid":{"rendered":"https:\/\/beadysword.com.ng\/blog\/?p=9383"},"modified":"2025-11-07T05:25:36","modified_gmt":"2025-11-07T05:25:36","slug":"ambitious-2026-budget-unveiled-by-governor-ododo-centered-on-shared-prosperity","status":"publish","type":"post","link":"https:\/\/beadysword.com.ng\/blog\/2025\/11\/07\/ambitious-2026-budget-unveiled-by-governor-ododo-centered-on-shared-prosperity\/","title":{"rendered":"Ambitious 2026 Budget Unveiled by Governor Ododo, Centered on \u201cShared Prosperity\u201d"},"content":{"rendered":"<p>Kogi State Governor, Alhaji Ahmed Usman Ododo, has approved the 2026 draft budget, titled \u201cBudget of Shared Prosperity.\u201d<\/p>\n<p>&nbsp;<\/p>\n<p>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<p>&nbsp;<\/p>\n<p>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<p>&nbsp;<\/p>\n<p>In his words, &#8220;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<p>&nbsp;<\/p>\n<p>\u201cThe significant increase in both recurrent revenue and capital expenditure underscores the Government\u2019s determination to expand infrastructure and improve service delivery.<\/p>\n<p>&nbsp;<\/p>\n<p>\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<p>\u201cThe total estimated Expenditure (Recurrent and Capital) of \u20a6820,490,585,443.<\/p>\n<p>The balanced 2026 Draft Budget of \u20a6820,490,585,443,&#8221; he said.<\/p>\n<p>&nbsp;<\/p>\n<p>Ododo&#8217;s administration is also intensifying efforts to combat insecurity, with the Commissioner for Information, Hon. Kingsley Fanwo, highlighting significant progress in the state&#8217;s security architecture.<\/p>\n<p>&nbsp;<\/p>\n<p>The meeting also addressed critical issues, including access to clean water, road safety, and land administration reforms.<\/p>\n<p>&nbsp;<\/p>\n<p>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<p>&nbsp;<\/p>\n<p>The inclusive meeting, which included former commissioners, reflected Governor Ododo&#8217;s commitment to unity and collective progress.<\/p>\n<p>&nbsp;<\/p>\n<p>Former Commissioner, Honourable Salisu Sani Ogu, praised the Governor&#8217;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":"<p>Kogi State Governor, Alhaji Ahmed Usman Ododo, has approved the 2026 draft budget, titled \u201cBudget of Shared Prosperity.\u201d &nbsp; This bold \u20a6820.49 billion budget represents a 35.7% increase from the 2025 revised budget, signalling&#46;&#46;&#46;<\/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":[],"_links":{"self":[{"href":"https:\/\/beadysword.com.ng\/blog\/wp-json\/wp\/v2\/posts\/9383","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/beadysword.com.ng\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/beadysword.com.ng\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/beadysword.com.ng\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/beadysword.com.ng\/blog\/wp-json\/wp\/v2\/comments?post=9383"}],"version-history":[{"count":1,"href":"https:\/\/beadysword.com.ng\/blog\/wp-json\/wp\/v2\/posts\/9383\/revisions"}],"predecessor-version":[{"id":9385,"href":"https:\/\/beadysword.com.ng\/blog\/wp-json\/wp\/v2\/posts\/9383\/revisions\/9385"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/beadysword.com.ng\/blog\/wp-json\/wp\/v2\/media\/9384"}],"wp:attachment":[{"href":"https:\/\/beadysword.com.ng\/blog\/wp-json\/wp\/v2\/media?parent=9383"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/beadysword.com.ng\/blog\/wp-json\/wp\/v2\/categories?post=9383"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/beadysword.com.ng\/blog\/wp-json\/wp\/v2\/tags?post=9383"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}