The Ebonyi State Government has unveiled plans to establish a state-owned cement factory as part of broader efforts to drive industrialization across the state.
The announcement was made by Governor Francis Ogbonna Nwifuru during the formal presentation of the 2026 Budget Proposal, which was opened to public review and contributions.
Governor Nwifuru commended President Bola Ahmed Tinubu for his economic and social reforms, noting that the policies had contributed significantly to the growth experienced across various sectors.
According to the Governor, “What was impossible is now possible. Without the delivery of subsidy, our budget wouldn’t jump from N89 billion to over N800 billion. That is the evidence and benefit of the removal of fuel subsidy.”
He explained that the positive impact of the subsidy removal influenced the naming of the 2026 fiscal plan as the “Budget of Hope and Actualisation.”
The budget focuses on completing ongoing projects and promoting human capital development across the state.
The Governor also urged Nigerians, including opposition parties, to support the Federal Government’s Renewed Hope Agenda and the state’s People’s Charter of Needs, emphasizing that collaboration is crucial for sustained development.
Addressing concerns about the pace of project execution, Governor Nwifuru reassured residents that all projects are time-bound. He added that contractors will take advantage of the dry season to accelerate completion of ongoing works.
Representatives of the traditional rulers’ council, women groups, elders’ council, and student bodies, in their separate remarks, commended the government for addressing key developmental sectors in the proposed 2026 budget.
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