Governor Ododo presents N820.5bn budget to Kogi assembly

Governor of Kogi State, Usman Ododo
Kogi State Governor, Usman Ododo, on Tuesday presented a budget proposal of N820,490,584,443 to the State House of Assembly for consideration and approval.

The 2026 proposal represents a N215.96bn increase, a 35.7% rise from the 2025 budget of N604.53bn.
The estimate allocates N367.45bn to recurrent expenditure and N453.04bn to capital expenditure.

Presenting the proposal, Ododo said the 2026 appropriation bill, titled “Budget of Shared Prosperity: Driving Sustainable Growth for All,” is designed to boost revenue mobilisation, enforce expenditure discipline, and deepen strategic investments in key growth sectors.

He listed other priorities to include aggressive repayment of federal debts, strengthening the state’s investment climate, promoting collaborative investment models, blocking revenue leakages, and prioritising ongoing projects while introducing new ones aligned with Kogi’s 32-year development plan.

Ododo said, “The 2026 budget is more than a financial statement; it is a roadmap for inclusive growth, economic diversification, and shared prosperity.”

Earlier, Speaker of the House, Rt. Hon. Aliyu Umar Yusuf, appealed to the governor to support efforts to digitalise the Assembly’s operations. He also raised concerns about inadequate staffing, noting that the Assembly falls short of the required 200 support personnel needed for effective legislative work.

He commended the governor’s commitment to fiscal discipline, infrastructure, security, and human capital development, saying progress recorded in health, education, roads, agriculture and public financial management reflects the administration’s vision for a stable and prosperous Kogi State.

Yusuf pledged that the Assembly would give the budget accelerated but thorough consideration and urged ministries, departments and agencies to honour invitations for budget defence to enable efficient appraisal of the Appropriation Bill.

Ododo presented a ₦582.4bn budget for 2025 last year, titled the “Budget of Inclusive Development,” with 48.01% allocated to recurrent expenditure and 51.99% to capital spending.