GOV, MBAH: ENUGU TO SURPASS N600BN IGR TARGET FOR 2025

Gov. Mbah: Enugu to surpass โ‚ฆ600bn IGR target for 2025
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Gov. Peter Mbah of Enugu State says his government will surpass the projected Internally Generated Revenue (IGR) target of โ‚ฆ600 billion for 2025, to fund more development projects.

Mbah gave the assurance on Saturday night in Enugu during his investiture as President of the Enugu Sports Club.

Mbah inaugurated the newly remodeled clubhouse, as well as the installation of new club patrons by the Chairman of Enugu Sports Club, Chief Nnanna Atuonwu.

Mbah recalled that when his administration set a goal to grow Enuguโ€™s economy from $4.4 billion to $30 billion, many doubted its feasibility.

โ€œAt the time, the trending analysis did not support such a growth level.

โ€œAchieving this target requires a 27 per cent compounded annual growth rate, and some questioned how it could be realised,โ€ he said.

He emphasised that in spite of the skepticism, his government recognised the need to shift focus away from federal allocations and instead mobilise domestic revenue.

โ€œWhen we took over, the stateโ€™s IGR was about โ‚ฆ25 billion. This year, our projected IGR is โ‚ฆ600 billion, and based on the numbers we are seeing, we are not only going to meet this target but surpass it.

โ€œThis revenue growth is what enables us to make significant interventions across all sectors, from education to healthcare and beyond,โ€ he stated.

The governor reiterated that his administrationโ€™s development strategy ensured inclusive growth, integrating all parts of the state into a unified economic plan.

As part of Enugu Stateโ€™s preparations to host the 2026 National Sports Festival, Mbah pledged to renovate the Nnamdi Azikiwe Stadium and Awgu Sports Village.

โ€œWe are going to build a brand-new stadium, which will include facilities for aquatic sports.

โ€œIn addition, Awgu Sports Village will be revamped to ensure it is ready for the festival,โ€ he said.

Commending Chief Nnanna Atuonwu and his executive team for remodeling the clubhouse, Mbah highlighted the importance of sports clubs in fostering recreation, social cohesion, and community well-being.

โ€œThe true value of a great sports club lies in its ability to reinvent itself across generations and remain relevant in contemporary times.

โ€œEnugu Sports Club has done exceedingly well in this regard,โ€ he remarked.

The governor pledged to asphalt its entrance road and address other pressing needs of the club.

Earlier, Atuonwu noted that Enugu Sports Club had faced challenges in infrastructure and environmental vibrancy compared to its peers across the country.

He, however, commended Mbah, whose support ensured the main clubhouse was successfully remodeled.

โ€œBefore the renovation, the main hall was in a state of disrepair, with a leaking roof, rotten wood, and corroded iron structures.

โ€œWhen we turned to the governor for assistance, he did not hesitate.

โ€œBeyond financial and logistical support, he laid a solid foundation for the clubโ€™s long-term financial independence and sustainability.

โ€œThis is why I am advocating for the establishment of a Trust Fund to ensure the clubโ€™s continued growth,โ€ Atuonwu said.

During the event, new patrons of the club were installed, including Ms.Edna Erinne, Chief Kingsley Eze, Dr David Ogbodo, and Chief Festus Onu.

Atuonwu, whose tenure as chairman had ended, also announced that Mr Ifeanyi Nweke would soon take over as the new chairman.

The chairman of the occasion, Chief Onyemuche Nnamani, praised Atuonwu for the remarkable transformation of the clubhouse since its establishment in 1929.

Nnamani,ย  who also serves as Secretary of the Police Service Commission, also expressed gratitude to the governor for his contributions to the clubโ€™s development.

The club trustee, Chief Nnia Nwobodo suggested the creation of a cinema or film hall within the club to promote education, particularly for the children and families of members.

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