Anambra State Governor Chukwuma Soludo has written to the State House of Assembly seeking approval for a virement in the 2025 budget.
The request was read during Thursday’s plenary by the Speaker, Somtochukwu Udeze, who referred it to the House Committee on Finance and Appropriation for review and report back next week.
The plenary was subsequently adjourned to Tuesday, December 11, 2025.
In his letter, Governor Soludo requested authorisation to adjust capital and recurrent expenditures as well as capital receipts in the approved 2025 fiscal plan.
While full details of the proposed changes were not made public, the governor explained that the adjustments were necessary due to emerging priorities, limited resources, and prevailing economic challenges.
Soludo emphasized that the revisions aim to address urgent needs across the state and ensure maximum impact and value for residents.
He wrote, “It would be greatly appreciated if the draft virement for the 2025 Appropriation Bill is placed before the House at the earliest time for consideration and passage into law.”
The governor also highlighted that his administration’s 2025 budget achieved over 60 per cent performance, despite being an election year, and stressed that the adjustments are intended to deliver improved service outcomes.
Earlier, on November 25, Punch Online reported that Soludo presented a N757 billion budget proposal for 2026, titled “Changing Gears 3.0: Solution Continues”.
The proposal allocates N595.3 billion (79%) for capital expenditure and N161.6 billion for recurrent spending, with a projected deficit of N225.7 billion, expected to be financed through hybrid funding, public–private partnerships, enhanced internally generated revenue, concessions, and support from financial institutions.
Soludo assured that “every kobo will be prudently utilised to maximise value for the people of Anambra.”
