Port Harcourt: The Rivers State Executive Council has ratified a ₦1.85 trillion budget proposal for the 2026 fiscal year, signaling a bold financial plan to drive resilience, growth, and development across the state.
The budget, tagged ‘Budget of Resilience for Growth and Development’, was approved by the council presided over by Governor Siminalaye Fubara.
Prof. Peter Medee, Special Adviser on Economic Matters, while briefing newsmen on Friday in Port Harcourt, said the budget would prioritise the completion of ongoing projects across the state.
Medee also explained that the budget reflected the government’s commitment to the state’s development amid current economic challenges.
“The budget sum of 1.85trn would fund outstanding obligations in critical sectors, including infrastructure, health, and education.
“Agriculture, youth empowerment, culture, tourism, and ICT will also be adequately prioritised by the budget.”
Also speaking, Mr Honour Sirawoo, Permanent Secretary, Ministry of Information and Communications, said that the proposal was carefully scrutinised by the council to ensure value for money.
According to him, the approved sum is meticulously channeled to improve the welfare of the people.
