The Imo State House of Assembly has given its legislative approval to a landmark N1.43 trillion Appropriation Bill for the 2026 fiscal year. The passage, which occurred on Tuesday, December 23, 2025, follows the bill’s presentation by Governor Hope Uzodimma just a day prior, signaling an accelerated and unanimous legislative process.
This budget represents a significant financial blueprint for the state’s development. To provide context, the total figure of N1.43 trillion underscores a major commitment to capital projects. The allocation breaks down into N238.5 billion for recurrent expenditure—covering salaries, overheads, and governance costs—and a substantial N1.22 trillion earmarked for capital expenditure. This 85/15 split in favor of capital spending is a bold strategic choice, indicating a government prioritizing long-term infrastructure and development over immediate administrative costs.
During the session, the Majority Leader, Mr. Kanayo Onyemaechi, championed the bill, labeling it a “people’s oriented budget.” This phrase suggests a focus on initiatives with direct impact on citizens’ welfare, potentially encompassing areas like healthcare, education, road infrastructure, and water supply. His assertion that it would “take the state to greater heights” points to ambitious, transformative goals embedded within the financial plan.
The sentiment was echoed by other members, including Mr. Chisom Ojukwu of Nkwerre State Constituency, who praised the budget as a demonstration of Governor Uzodimma’s “courage and leadership qualities.” This unanimous support and rapid passage through a “Committee of the Whole”—where the entire assembly acts as a single committee to expedite review—highlights a rare consensus in the legislative house regarding the budget’s direction.
Following the vote, the Speaker, Mr. Chike Olemgbe, formally declared the bill passed and directed the Clerk, Mrs. Chinelo Emeghara, to prepare a clean copy for transmission to the Governor for his assent. This final step will enact the bill into law, officially releasing the funds for the 2026 fiscal cycle.
The true test of this “people’s budget” will be in its execution and transparency. Key questions for observers will include: Which specific sectors and projects will receive the N1.22 trillion capital injection? How will the government ensure efficient procurement and prevent cost overruns? Furthermore, with recurrent expenses at N238.5 billion, how will the state manage its wage bill and operational costs to sustain this aggressive capital push? The answers to these questions will determine whether this historic budget truly delivers on its promise of development and improved quality of life for the people of Imo State.
Edited by Sam Oditah
Source: News Agency of Nigeria (NAN)
