The Rivers State Executive Council has approved a ₦1.8 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 Governor Siminalayi Fubara on Economic Matters and Social Development, Professor Peter Medee, said the budget was structured to enable the state to complete ongoing projects and advance new ones across critical sectors.
Professor Medee disclosed that the total size of the proposed budget stands at ₦1,854,248,734,475.76.
He explained that the 2026 appropriation proposal has been christened the “Budget of Resilience for Growth and Development,” reflecting the administration’s resolve to sustain development efforts despite prevailing economic and administrative challenges.
According to him, the state government remains committed to achieving its development targets and improving the welfare of the people of Rivers State.
Also present at the joint briefing were the Permanent Secretary, Ministry of Information and Communications, Dr Honour Sirawoo, and the newly sworn-in Special Adviser on Finance, Barrister Frank Fubara.
