
Economic Development & Abia’s 2026 Budget: A Nafziger-Based Assessment Of Growth, Governance, And New Possibilities- By Prof Chukwuemeka Ifegwu Eke
Economic Development & Abia’s 2026 Budget: A Nafziger-Based Assessment of Growth, Governance, and New Possibilities Using E. Wayne Nafziger’s classic text, Economic Development, as an analytical lens, Abia State’s 2026 Appropriation Bill — titled “Budget of Acceleration and New Possibilities” — represents one of the most structurally coherent and development-aligned budget frameworks produced by a Nigerian sub-national government in contemporary times. Nafziger reminds us in Chapter 3 (Economic Growth: Concepts and Patterns) that long-term transformation depends on expanding productive capacity, raising human capital, and improving institutional quality. At its core, Abia’s 2026 budget mirrors this development philosophy. Capital Expenditure Orientation:…








