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Gov. Otti Presents N1.016 Trillion 2026 Budget Proposal to Abia Assembly

Politics1 min read
Gov. Otti Presents N1.016 Trillion 2026 Budget Proposal to Abia Assembly

Abia State Governor, Dr. Alex Otti, presented a N1.016 trillion budget proposal for 2026 to the Abia State House of Assembly. The budget reflects a 13% increase from the 2025 budget, with a total estimated allocation of N811.8 billion for capital expenditure and N204.4 billion for recurrent spending.

Gov. Otti emphasized a 32% increase in capital budget and a 33% growth in recurrent expenditure compared to the previous year.

The budget prioritizes sectors like education and health, allocating a combined 35% share. Gov.

Otti plans to finance recurrent expenditures through Internally Generated Revenue (IGR) and direct borrowing for infrastructure development.

Plus234Feed summary based on reporting from NairaMetrics. Read the original report below.

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