The Rivers State Executive Council has approved a N1.8 trillion budget proposal for the 2026 fiscal year.
The approval was granted at the State Executive Council meeting held on Friday evening.
Briefing journalists after the meeting, the newly sworn-in Special Adviser to the Governor on Economic Matters and Social Development, Prof. Peter Medee, said the 2026 appropriation proposal was crafted to enable the state complete ongoing projects, advance priority programmes and clear outstanding obligations.
According to Medee, the budget has been christened the “Budget of Resilience for Growth and Development,” reflecting the administration’s resolve to sustain governance momentum despite prevailing challenges.
He explained that the thrust of the 2026 estimates is anchored on recovery, restoration, reassurance, consolidation and inclusivity, noting that the government has remained focused and committed to delivering dividends of democracy to the people.
“The proposed estimate has been fashioned to enable the state to accomplish and conclude ongoing projects as well as address obligations in critical sectors such as infrastructure, health, education, agriculture, human capacity development, youth empowerment, culture, tourism and information and communications technology,” Medee said.
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Earlier, the Permanent Secretary, Ministry of Information and Communications, Dr Honour Sirawoo, said the robust budget size was a deliberate decision aimed at bridging developmental gaps and repositioning Rivers State for sustainable growth.
He noted that the Fubara administration remains determined to reclaim lost ground and place the state on a firm trajectory of economic and social advancement.
It however remains to be seen how the state legislature will relate with the executive with a view to working on the budget and approve it for seamless government activities.
