Edo State Finance Commissioner Justifies 939 Billion Naira Budget of Hope for 2026 Fiscal Year

​The Edo State Government has defended the 939 billion naira 2026 budget proposal, describing it as a strategic roadmap designed to foster economic resilience and infrastructure development. The Commissioner for Finance provided a detailed breakdown of the fiscal document, labeled the Budget of Hope, emphasizing its focus on transforming the state’s socio-economic landscape.

​According to the Commissioner, the 939 billion naira estimate is realistic and anchored on sustainable revenue generation projections. A significant portion of the budget is earmarked for capital expenditure, specifically targeting road construction, healthcare upgrades, and the expansion of the state’s digital economy. The government aims to complete ongoing projects while initiating new ones that will create jobs and attract private-sector investment.

​Addressing concerns regarding the size of the budget, the Commissioner noted that the fiscal plan is a direct response to the inflationary pressures and the need for aggressive human capital development. The budget prioritizes education and social welfare programs to cushion the effects of current economic challenges on the citizens of Edo State.

​Key sectors such as agriculture and security also received substantial allocations. The government intends to leverage the 2026 budget to boost food security through mechanized farming support and enhance the security architecture to protect lives and investments across the three senatorial districts.

​The Commissioner urged stakeholders and the Edo State House of Assembly to support the speedy passage of the bill, noting that its implementation is crucial for maintaining the developmental momentum of the current administration. As the state prepares for the new fiscal year, the Budget of Hope stands as a testament to the government’s commitment to delivering a more prosperous future for all residents.