32.4 C
Lagos
Friday, March 6, 2026

Soludo signs 2026 appropriation bill into law

Share this:

Governor Chukwuma Charles Soludo has signed the 2026 Appropriation Bill into law, alongside three other significant legislations.

The signing ceremony held at the Light House in Awka heralded a new chapter in the state’s fiscal management and governance.

The 2026 Appropriation Law, which saw its budget increased from seven hundred and fifty-seven billion naira to seven hundred and sixty-six billion naira following extensive deliberations by the Eighth Assembly, lays the financial framework for the state’s priorities.

These priorities include fostering economic growth, accelerating infrastructure projects, and enhancing social welfare programmes across Anambra.

READ ALSO:  INEC Chairman Swears In New Akwa Ibom Commissioner

While reflecting on the budget, Governor Soludo remarked, “This budget is more than numbers — it is a strategic plan crafted to deliver on our administration’s promises. We have focused on what truly matters to the people, ensuring that resources are allocated to meet the critical needs in our communities.”

Beyond the appropriation law, the governor also signed into law three other vital bills that demonstrate the administration’s commitment to good governance and sustainable progress.

These laws include the Anambra State Mission Schools of Nursing and Midwifery (Amendment No. 3) Law, 2025, the Anambra State Taxes, Levies and Presumptive Tax (Approved List for collection) Law, 2025, and the Anambra State Correctional Service Law, 2025.

READ ALSO:  CBN raises cash withdrawal limits for individuals, corporate bodies

Commenting on the legislative process, Governor Soludo commended the state lawmakers, saying, “Our productive partnership with the House of Assembly has been crucial. Their thoroughness and cooperation have helped deliver laws that will accelerate the development and prosperity of Anambra State.

“We submitted draft appropriation of N757 billion but in their wisdom after various reviews, the budget size very slightly increased to 766 billion naira for the 2026 fiscal year. So, we now get to work.”

READ ALSO:  Bank staff, others arraigned for tampering with server to steal customers’ funds

Governor Soludo further emphasized the principles guiding his administration: “Transparency, accountability, and inclusive governance are not just ideals; they are the bedrock of our government. By enacting these laws, we are creating the enabling environment for effective service delivery and sustainable growth.”

 

Share this:
RELATED NEWS
- Advertisment -

Latest NEWS

Trending News

Get Notifications from DDM News Yes please No thanks