Soludo Signs Landmark ₦766bn 2026 Budget into Law, Pledging Infrastructure Revolution and Urban Renewal for Anambra
Governor Chukwuma Soludo has signaled a “new dawn of rapid execution” for Anambra State as he appended his signature to the ₦766.4 billion 2026 Appropriation Bill. The signing ceremony, which took place today, Monday, December 29, 2025, marks the official transition into a fiscal year focused on turning the state into a “livable and prosperous megacity.”
The 2026 budget, significantly higher than previous years, is designed to consolidate the gains of the “Solution” administration’s first term while aggressively launching new urban renewal initiatives.
“This is not just a document of numbers; it is a covenant with the people of Anambra,” Governor Soludo stated during the signing. “We have titled this the ‘Budget of Accelerating Transformation’ because the foundation has been laid. Now, we are building the superstructure. From the flyovers in Onitsha to the clean-green initiatives in Awka, every kobo in this ₦766bn will be accounted for through tangible development.”
A critical breakdown of the fiscal plan reveals a robust 64% allocation to capital expenditure. This funding is earmarked for the completion of over 400 kilometers of roads currently under construction, the revitalisation of the state’s healthcare primary centers, and the “Smart Schools” initiative which aims to digitize learning across the state’s 21 local government areas.
Speaker of the State House of Assembly, Rt. Hon. Somtochukwu Udeze, who was present at the signing, commended the Governor for the transparency of the budgetary process. He noted that the legislature worked through the festive period to ensure the bill was ready for the January 1st takeoff. “We have done our due diligence. We are satisfied that this budget reflects the yearnings of our constituents for security, good roads, and quality education,” Udeze said.
The Governor also used the occasion to reassure residents that the state’s aggressive IGR drive would be balanced with empathy. He noted that the 2026 fiscal year would see more “tax-for-service” arrangements, where communities can see the direct impact of their civic contributions on local infrastructure.
As Anambra prepares for the 2026 administrative year, the “Soludo Solution” appears firmly rooted in fiscal discipline. With the budget signed and sealed, the focus now shifts to the ministries, departments, and agencies (MDAs) to hit the ground running come January.
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