Budget Overview
– The proposed budget size for 2025 is N606,991,849,118, representing a 48% increase from the 2024 budget.
– Recurrent expenditures account for N139.5 billion (23%), while capital expenditure is N467.5 billion (77%).
– The budget deficit is estimated at N148.3 billion (24% of the budget).
Key Areas of Focus
– *Education*: Free education policy extended to Senior Secondary School Year 3 (SS3), recruitment of 3,115 additional teachers, and equipment of 60 secondary school laboratories with STEM equipment.
– *Health*: Free antenatal and delivery services for pregnant women, construction/modernization of 326 primary health centres, and a historic Trauma Centre at the Chukwuemeka Odumegwu Ojukwu University Teaching Hospital.
– *Youth Empowerment*: One Youth, Two Skills training program, with 8,700 young people to be trained across various skills, and N2.5 billion set aside for start-up capital.
– *Infrastructure*: Over 540 km of roads under construction, dualization of federal highways, and construction of link bridges.
– *Economic Development*: Palm and coconut revolution, Farm-to-Feed programs, and distribution of economically beneficial trees to communities.
Sectoral Increases
– Administrative sector: 45.5%
– Economic sector: 40.1%
– Judiciary sector: 51.3%
– Social sector: 82.7%
– Education: 101.4%
– Health: 57.1%
– Infrastructure investment: 38.9%
Infrastructure Development
– Progressing development of three new cities: Awka 2.0, Onitsha 2.0, and a new Industrial City
– Completion of Anambra Mixed-Use Industrial City Master Plan and railway master plan/feasibility study
– Enhancing Ease of Doing Business to attract investors
– Building the largest shopping mall in Africa and leisure centers
– Upgrading Chinua Achebe International Airport’s night landing capabilities
Human Capital Development
– Free and qualitative education for every child
– Transforming 22 secondary schools into smart schools
– Upgrading primary school infrastructure through ASUBEB program
– Supporting mission schools
Economic Empowerment
– Providing grants to micro-businesses across 326 wards
– Expanding One-Youth-Two-Skills program
– Establishing One Million Digital Tribe through Solution Innovation District (SID)
Budget Allocation
– 70% of budget allocated to infrastructure, economic transformation, and human capital development
– Total budget size: $357 million (relatively small compared to previous years)
– Projected average monthly revenue: N5 billion (N60 billion total IGR)
Major Challenge
– Funding the budget remains a challenge
*Plans For The Challenge*
– Commitment to fiscal transparency and sustainability
– Renewed effort to strengthen revenue generation capacity
– Strategic partnerships with federal government, international community, and private sector/communities.
SECURITY
We are working hard, rejigging and strengthening our security architecture, and in some days and weeks to come, Ndi Anambra will fully experience our zero tolerance to criminality. Together as a people, we must bond together to defeat the criminals among us.
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The Solution Digest