Ben Ezechime, Enugu
Enugu State is set to surpass its 2025 projected revenue target of N600 billion, which would enable the government to fund some developmental projects.
Governor Peter Mbah said this in Enugu at 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 outgoing Chairman of Enugu Sports Club, Chief Nnanna Atuonwu.
Mbah recalled that when his administration set a goal to grow Enugu’s economy from $4.4 billion to $30 billion, many doubted its feasibility.
“At the time, the trending analysis did not support such a growth level.
“Achieving this target requires a 27 per cent compounded annual growth rate, and some questioned how it could be realised,” 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.
“When we took over, the state’s IGR was about ₦25 billion.
“This year, our projected IGR is ₦600 billion, and based on the numbers we are seeing, we are not only going to meet this target but surpass it.
“This revenue growth is what enables us to make significant interventions across all sectors, from education to healthcare and beyond,” he stated.
The governor reiterated that his administration’s development strategy ensured inclusive growth, integrating all parts of the state into a unified economic plan.
He said that as part of Enugu State’s preparations to host the 2026 National Sports Festival, his administration was ready to renovate the Nnamdi Azikiwe Stadium and Awgu Games Village.
“We are going to build a brand-new stadium, which will include facilities for aquatic sports.
“In addition, Awgu Sports Village will be revamped to ensure its readiness for the festival,” he said.
The governor commended Chief Nnanna Atuonwu and his executive team for remodeling the clubhouse.
“The true value of a great sports club lies in its ability to reinvent itself across generations and remain relevant in contemporary times.
“Enugu Sports Club has done exceedingly well in this regard,” Mbah said.
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, saying that his support ensured the main clubhouse was successfully remodeled.
“Before the renovation, the main hall was in a state of disrepair, with a leaking roof, rotten wood, and corroded iron structures.
“When we turned to the governor for assistance, he did not hesitate.
“Beyond financial and logistical support, he laid a solid foundation for the club’s long-term financial independence and sustainability.
“This is why I am advocating for the establishment of a Trust Fund to ensure the club’s continued growth,” 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.
