The Rivers State Executive Council has approved ₦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 the State Governor on Economic Matters and Social Development, Professor Peter Medee, said the budget was designed to enable the state to complete and advance key projects in critical sectors.
Medee disclosed that the total size of the budget stands at ₦1,854,248,734,475.76.
He added that the budget has been christened the “Budget of Resilience for Growth and Development.”
According to him, the state government remains committed to meeting its development targets for the people of the state despite the challenges confronting the administration.
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, Frank Fubara.
Recall that Fubara swore in five new Special Advisers at the Government House on Friday.
The governor has been having a running battle with the state House of Assembly since he returned to office after the six-month emergency rule imposed in the state by President Bola Tinubu.
The state House of Assembly has accused Fubara of drawing from the state consolidated revenue accounts without approval since assuming office in 2023.
During their first sitting after the emergency rule, the Speaker, Martin Amaewhule, asked the governor to present the 2025 budget and forward the names of commissioner nominees for screening and approval.
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