Governor Approves 2026 Budget Focused on Shared Prosperity
Kogi State Governor, Alhaji Ahmed Usman Ododo, has approved the 2026 draft budget, titled “Budget of Shared Prosperity.” This ambitious financial plan, valued at ₦820.49 billion, marks a 35.7% increase compared to the 2025 revised budget. The significant rise is seen as a step towards fostering sustainable growth and inclusive development in the state.
During a press briefing following the State Executive Council meeting, the Commissioner for Finance, Asiwaju Asiru Idris, outlined the budget’s focus areas. These include boosting internal revenue, strengthening debt recovery, creating a business-friendly environment, deepening public-private partnerships, and ensuring project completion.
According to Idris, the 2026 budget proposals reflect a robust and balanced financial strategy. He emphasized the importance of enhanced revenue generation, strategic expenditure control, and a strong commitment to capital investment. The substantial increase in both recurrent revenue and capital expenditure highlights the government’s determination to expand infrastructure and improve service delivery.
“The total estimated revenue (recurrent and capital) is ₦820,490,585,443, while the total estimated expenditure (recurrent and capital) stands at ₦820,490,585,443 — making it a balanced 2026 draft budget,” Idris stated.
Focus on Security and Development
Governor Ododo’s administration is also intensifying efforts to combat insecurity. The Commissioner for Information, Hon. Kingsley Fanwo, highlighted significant progress in the state’s security architecture. The government is working closely with local communities and security agencies to ensure safety and stability across Kogi State.
The meeting also addressed critical issues such as access to clean water, road safety, and land administration reforms. Fanwo noted that Governor Ododo has directed all commissioners to sink three boreholes each in their respective local government areas. Additionally, the Council has been mandated to take over land consent authority to curb fraudulent land transactions.
Commitment to Unity and Collective Progress
The inclusive meeting, which featured former commissioners, reflected Governor Ododo’s commitment to unity and collective progress. Former Commissioner, Hon. Salisu Sani Ogu, commended the Governor’s leadership, stating, “He has shown a desire to carry everyone along and build on the foundation laid since 2016.”
This collaborative approach underscores the administration’s dedication to fostering a sense of community and shared responsibility among all stakeholders.
Key Priorities for the State
The 2026 budget outlines several key priorities aimed at transforming Kogi State into a more prosperous and secure region. These include:
- Boosting Internal Revenue: The government aims to enhance revenue generation through improved tax collection and other fiscal measures.
- Strengthening Debt Recovery: Efforts are being made to recover outstanding debts to ensure financial stability.
- Fostering a Business-Friendly Environment: Initiatives are underway to attract investments and support local businesses.
- Deepening Public-Private Partnerships: Collaboration between the government and private sector is being encouraged to drive development.
- Ensuring Project Completion: The administration is focused on completing ongoing projects to deliver tangible benefits to the people.
Addressing Critical Issues
In addition to the budgetary plans, the meeting addressed several pressing issues affecting the state. These included:
- Access to Clean Water: The government is committed to improving water supply infrastructure to ensure availability for all residents.
- Road Safety: Measures are being taken to enhance road safety through better maintenance and enforcement of traffic regulations.
- Land Administration Reforms: The Council has been tasked with taking over land consent authority to prevent fraudulent transactions and ensure transparency.
Conclusion
Governor Ododo’s approval of the 2026 budget marks a significant milestone in Kogi State’s journey towards sustainable development. With a focus on shared prosperity, security, and inclusive growth, the administration is poised to address the needs of its citizens effectively. The emphasis on collaboration, fiscal discipline, and strategic planning reflects a forward-thinking approach that aims to create a brighter future for all.