Governor Fubara Presents ₦1.85tn 2026 Budget Proposal To Rivers Assembly
The proposal allocates more than ₦1.4 trillion to capital projects and seeks to clear outstanding gratuities for retired civil servants.
- On Friday, Rivers State Governor Siminalayi Fubara presented the 2026 Appropriation Bill of ₦1.854 trillion to the Rivers State House of Assembly, marking a significant step toward ending fiscal uncertainty in the state.
- The presentation follows the Assembly's approval two weeks ago of the 2026-2028 Medium Term Expenditure Framework, signaling a turning point after years of parallel legislative sittings and rival budget presentations.
- Governor Fubara projected total revenue of ₦1.854 trillion for 2026, allocating ₦1.405 trillion to capital projects and ₦413.1 billion to recurrent expenditure, presenting the "Budget of Resilience for Growth and Development."
- The Appropriations Bill subsequently passed its first reading as Governor Fubara and Speaker Martin Amaewhule projected a picture of executive-legislative harmony, a marked shift from the relationship that has defined Rivers State in recent years.
- Speaker Amaewhule assured members the Assembly would give due consideration to proposals, stating "Our state has to grow," as the plenary adjourned to July 20 for legislative scrutiny and final passage.
23 Articles
23 Articles
Breaking: Fubara presents N1.85trn 2026 budget
According to Governor Fubara, the proposed budget projects a total revenue of N1.854 trillion, representing a 24.49 per cent increase over the 2025 adjusted budget. The post Breaking: Fubara presents N1.85trn 2026 budget appeared first on Vanguard News.
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CoreTV NewsGovernor Fubara Presents ₦1.85tn 2026 Budget Proposal To Rivers Assembly
Rivers State Governor Siminalayi Fubara has presented a proposed ₦1.854 trillion 2026 Appropriation Bill to the Rivers State House of Assembly, marking his first appearance before the Assembly, led by Martin Amaewhule, since the political crisis that split the legislature in 2023.The session opened with Amaewhule walking into the chambers in full speaker regalia ahead of the governor’s arrival. A motion to receive the governor was moved by the M…
Fubara to present N1.84tn 2026 budget to Rivers Assembly
Rivers State Governor, Siminalayi Fubara, is billed to present the 2026 Appropriation Bill before the State House of Assembly on Friday, in what would mark a significant step toward ending months of fiscal uncertainty in the state. The presentation follows the Assembly’s approval, two weeks ago, of the 2026–2028 Medium Term Expenditure Framework, MTEF, the fiscal […] Fubara to present N1.84tn 2026 budget to Rivers Assembly
Fubara presents N1.85trn budget for 2026 fiscal year
Governor Siminalayi Fubara of Rivers State, on Friday, presented the 2026 appropriation bill of N1.85 trillion to the Rivers State House of Assembly. The bill is tagged ”Budget of Resilience for Growth and Development”. Fubara said that the proposed total operating revenue for 2026 was projected to increase by 24.49 per cent over the 2025 […] The post Fubara presents N1.85trn budget for 2026 fiscal year appeared first on Freedom Online.
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