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Rivers Executive Council Approves ₦1.8 Trillion 2026 Budget Proposal - Politics - Nairaland

Nairaland ForumNairaland GeneralPoliticsRivers Executive Council Approves ₦1.8 Trillion 2026 Budget Proposal (6900 Views)

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Rivers Executive Council Approves ₦1.8 Trillion 2026 Budget Proposal by BondRiv(op): 11:00pm On Jan 02
The Rivers State Executive Council has approved a N1.8 trillion budget proposal for the 2026 fiscal year.

The approval was made at the State Executive Council meeting held on Friday evening.

The newly sworn-in Special Adviser to Governor Siminalayi Fubara on Economic Matters and Social Development, Prof. Peter Medee, said the budget was designed to enable the state to complete and advance key projects in critical sectors.

Medee said the budget was christened the “Budget of Resilience for Growth and Development.”

He said the state government remained committed to meeting its developmental targets for the people of Rivers State despite the challenges confronting the administration.

He said, “The main thrust of the year 2026 proposed estimate has been fashioned to enable the state accomplish and conclude ongoing projects as well as clear our outstanding obligations in key critical sectors such as infrastructure, health, education, agriculture, human capacity development, youth empowerment, culture, tourism, information and communications technology.

“It is against this backdrop that the state Executive Council has respectfully approved and considered that the budget theme for 2026 is the Budget of Resilience for Growth and Development.

“This budget is so christened because the priority of the State Government for the year 2026 is for recovery, restoration, reassurance, consolidation and inclusivity.

“This is because in spite of many challenges, the State Government has remained resilient, dogged and focused, and achieving the key targets as our commitment to the people of Rivers State.


Speaking earlier, the Permanent Secretary, Ministry of Information and Communications, Dr Honour Sirawoo, said, “As you are aware the Goveenor Siminalayi Fubara’s administration is determined to bridge the lost grounds, upon that reason a very robust budget figure has been arrived at after a very conscious deliberation to put our State where it needs to be.”
https://thenationonlineng.net/just-in-rivers-executive-council-approves-n1-8trn-2026-budget-proposal/

Re: Rivers Executive Council Approves ₦1.8 Trillion 2026 Budget Proposal by blessgreg: 11:18pm On Jan 02
This is not right, this might cause problem bye passing the SHOA. I pray it not true sha
Re: Rivers Executive Council Approves ₦1.8 Trillion 2026 Budget Proposal by marksonrick: 11:20pm On Jan 02
Wonderful. So Speaker no see budget pass.
Re: Rivers Executive Council Approves ₦1.8 Trillion 2026 Budget Proposal by amadil14(m): 11:23pm On Jan 02
Governor Fubara and notable mistakes.
Re: Rivers Executive Council Approves ₦1.8 Trillion 2026 Budget Proposal by richmond500: 11:33pm On Jan 02
Fergie001
So house of assembly members no see budget pass.
Re: Rivers Executive Council Approves ₦1.8 Trillion 2026 Budget Proposal by richmond500: 11:36pm On Jan 02
amadil14:
Governor Fubara and notable mistakes.
It was political.
The HOA members will try impeachment with the intention that Wike has toured the 24LGAs and has grassroot supporters that will support them to carry on impeachment.
But then another cover will come from the federal again to frustrate their effort
Re: Rivers Executive Council Approves ₦1.8 Trillion 2026 Budget Proposal by BondRiv(op): 12:21am On Jan 03
blessgreg:
This is not right, this might cause problem bye passing the SHOA. I pray it not true sha
richmond500:
Fergie001
So house of assembly members no see budget pass.
marksonrick:
Wonderful. So Speaker no see budget pass.
amadil14:
Governor Fubara and notable mistakes.
No, what they approved was a budget proposal. The governor will then have to present it as an appropriation bill to the Assembly. Only upon their consideration and passage, does it become an appropriation law for which he can legally spend public funds.
Re: Rivers Executive Council Approves ₦1.8 Trillion 2026 Budget Proposal by Oghene86: 12:53am On Jan 03
BondRiv:
The Rivers State Executive Council has approved a N1.8 trillion budget proposal for the 2026 fiscal year.

The approval was made at the State Executive Council meeting held on Friday evening.

The newly sworn-in Special Adviser to Governor Siminalayi Fubara on Economic Matters and Social Development, Prof. Peter Medee, said the budget was designed to enable the state to complete and advance key projects in critical sectors.

Medee said the budget was christened the “Budget of Resilience for Growth and Development.”

He said the state government remained committed to meeting its developmental targets for the people of Rivers State despite the challenges confronting the administration.

He said, “The main thrust of the year 2026 proposed estimate has been fashioned to enable the state accomplish and conclude ongoing projects as well as clear our outstanding obligations in key critical sectors such as infrastructure, health, education, agriculture, human capacity development, youth empowerment, culture, tourism, information and communications technology.

“It is against this backdrop that the state Executive Council has respectfully approved and considered that the budget theme for 2026 is the Budget of Resilience for Growth and Development.

“This budget is so christened because the priority of the State Government for the year 2026 is for recovery, restoration, reassurance, consolidation and inclusivity.

“This is because in spite of many challenges, the State Government has remained resilient, dogged and focused, and achieving the key targets as our commitment to the people of Rivers State.


Speaking earlier, the Permanent Secretary, Ministry of Information and Communications, Dr Honour Sirawoo, said, “As you are aware the Goveenor Siminalayi Fubara’s administration is determined to bridge the lost grounds, upon that reason a very robust budget figure has been arrived at after a very conscious deliberation to put our State where it needs to be.”

https://thenationonlineng.net/just-in-rivers-executive-council-approves-n1-8trn-2026-budget-proposal/
So they would send it to the HOA when the committee of friends resumed from playing on the sand
Re: Rivers Executive Council Approves ₦1.8 Trillion 2026 Budget Proposal by pyyxxaro: 5:40am On Jan 03
Let the Loooting Marathon Begin ✌🏾


Sai BABA
Re: Rivers Executive Council Approves ₦1.8 Trillion 2026 Budget Proposal by Aile(m): 5:41am On Jan 03
The assembly members will reject the budget
Re: Rivers Executive Council Approves ₦1.8 Trillion 2026 Budget Proposal by slivertongue: 5:55am On Jan 03
Wow!! I hope the sum is generated and spent judiciously
Re: Rivers Executive Council Approves ₦1.8 Trillion 2026 Budget Proposal by kolafolabi(m): 6:04am On Jan 03
The real issue is not the amount, but transparency, priorities, and whether it will deliver visible impact to Rivers people.
Re: Rivers Executive Council Approves ₦1.8 Trillion 2026 Budget Proposal by Opinedecandid(m): 6:08am On Jan 03
Another round of theatrics loading.

What an interesting year this will be.

Madam Ekaette, pass me that woman-sidon-talk make I cool my ass and watch 2026 into 2027 intensive drama and intrigues
Re: Rivers Executive Council Approves ₦1.8 Trillion 2026 Budget Proposal by hatchy: 6:09am On Jan 03
Aile:
The assembly members will reject the budget
Yes, as usual.
They are all out for quarrel and fight this year again. I see another wasted legislative year in Rivers State.
Re: Rivers Executive Council Approves ₦1.8 Trillion 2026 Budget Proposal by Agugbadin: 6:10am On Jan 03
blessgreg:
This is not right, this might cause problem bye passing the SHOA. I pray it not true sha
Zero IQ is not helping matters on this platform, it only comes to add fuel to the fire.,the approved budget is just a proposal that will now be presented to SHOA for approval. Make sure you read and understand a thread before you post anything here.
Re: Rivers Executive Council Approves ₦1.8 Trillion 2026 Budget Proposal by Validated: 6:12am On Jan 03
Aile:
The assembly members will reject the budget
Their power has been whittled down by "On your mandate". They have no choice than to rubber-stamp abi Akpabio the budget. grin
Re: Rivers Executive Council Approves ₦1.8 Trillion 2026 Budget Proposal by marksonrick: 6:12am On Jan 03
BondRiv:
No, what they approved was a budget proposal. The governor will then have to present it as an appropriation bill to the Assembly. Only upon their consideration and passage, does it become an appropriation law for which he can legally spend public funds.
So, this is a usual tradition in governance?

The fight between the legislative and the executive has enlightened our knowledge to things we never knew hitherto.
Re: Rivers Executive Council Approves ₦1.8 Trillion 2026 Budget Proposal by Henix(m): 6:28am On Jan 03
The main question is, is the state assembly going to pass it? Let's watch and see how it goes
Re: Rivers Executive Council Approves ₦1.8 Trillion 2026 Budget Proposal by adioolayi(m):
Has the Governor presented the budget at the State Assembly? That's the most important...State legislatures will have to pass the budget before the executive will start spending. He should not repeat the same thing, like he was doing before the Supreme Court judgement.
Re: Rivers Executive Council Approves ₦1.8 Trillion 2026 Budget Proposal by adioolayi(m): 6:36am On Jan 03
richmond500:
It was political.
The HOA members will try impeachment with the intention that Wike has toured the 24LGAs and has grassroot supporters that will support them to carry on impeachment.
But then another cover will come from the federal again to frustrate their effort
Federal Government will not cover such illegality!

He can't start spending again, without the State House of Assembly passing the budget. That will be an impeachable offense straight!
Re: Rivers Executive Council Approves ₦1.8 Trillion 2026 Budget Proposal by fergie001(mod): 6:44am On Jan 03
richmond500:
Ferg.ie001
So house of assembly members no see budget pass.
He will submit it to them but he knows they may likely not pass it or they mutilate it and tell him to appoint Commissioners who will defend their ministries. They will just do something, that's for sure/

He has also appointed five of his former Commissioners as SAs because he knows they won't clear them.
Re: Rivers Executive Council Approves ₦1.8 Trillion 2026 Budget Proposal by Omalicious1: 6:44am On Jan 03
BondRiv:
https://thenationonlineng.net/just-in-rivers-executive-council-approves-n1-8trn-2026-budget-proposal/
Is Wike aware? And what is his inputs as regards the budget? I'm asking so that there won't be another media chat this month.
Re: Rivers Executive Council Approves ₦1.8 Trillion 2026 Budget Proposal by richmond500: 6:58am On Jan 03
Agugbadin:
Zero IQ is not helping matters on this platform, it only comes to add fuel to the fire.,the approved budget is just a proposal that will now be presented to SHOA for approval. Make sure you read and understand a thread before you post anything here.
you see, I found out, those with low IQ are the ones that insult people instead of explaining.
People who do not understand needs explanation, not insults, ur insult shows lack of sense
Re: Rivers Executive Council Approves ₦1.8 Trillion 2026 Budget Proposal by GEJDHERO: 7:28am On Jan 03
Aile:
The assembly members will reject the budget
Fubara is entitled by law to override any veto from d HOA
Re: Rivers Executive Council Approves ₦1.8 Trillion 2026 Budget Proposal by GEJDHERO: 7:32am On Jan 03
Omalicious1:
Is Wike aware? And what is his inputs as regards the budget? I'm asking so that there won't be another media chat this month.
Wike is now a nonetity in Rivers politics
Re: Rivers Executive Council Approves ₦1.8 Trillion 2026 Budget Proposal by Nodogragra4me(m): 7:40am On Jan 03
Clearly , you don't understand what you read


This is what shall be presented to the HoA for Approval and if dem do anyhow , NASS will take up their responsibility


Akpabio is now standing on Fubara's mandate!


blessgreg:
This is not right, this might cause problem bye passing the SHOA. I pray it not true sha
Re: Rivers Executive Council Approves ₦1.8 Trillion 2026 Budget Proposal by Nodogragra4me(m): 7:44am On Jan 03
Impeachment is not by motion
It involves the state attorney general and commissioner for justice and a panel to be appointed by the same attorney


If the panel says no impeachable offense the mater dies there and APC won't stand by and watch any further disruption

And off course he can continue to spend based in same approved provision 9f 2025 until six month into the new year. That is the law

adioolayi:
Federal Government will not cover such illegality!

He can't start spending again, without the State House of Assembly passing the budget. That will be an impeachable offense straight!
Re: Rivers Executive Council Approves ₦1.8 Trillion 2026 Budget Proposal by adioolayi(m): 7:51am On Jan 03
Nodogragra4me:
Impeachment is not by motion
It involves the state attorney general and commissioner for justice and a panel to be appointed by the same attorney


If the panel says no impeachable offense the mater dies there and APC won't stand by and watch any further disruption

And off course he can continue to spend based in same approved provision 9f 2025 until six month into the new year. That is the law
You can't spend without legislative processes and approvals. It's an impeachable offense.

He will be impeached and he will go to court.

Are you not in this country when 8 were bigger than 24huh

It's not about all these committee you are talking about...he shouldn't do things that will make him face impeachment proceedings
Re: Rivers Executive Council Approves ₦1.8 Trillion 2026 Budget Proposal by Alexrobinson: 8:05am On Jan 03
Validated:
Their power has been whittled down by "On your mandate". They have no choice than to rubber-stamp abi Akpabio the budget. grin
bros you want key me with laufff😂😂😂😂
Re: Rivers Executive Council Approves ₦1.8 Trillion 2026 Budget Proposal by saintnegroid(m): 8:44am On Jan 03
richmond500:
Fergie001
So house of assembly members no see budget pass.
them no wan pass the budget nah. Still trying to fight the executives. So if they have refused to give the governor date to come and present the budget, the governor should still wait till the year runs out?
Re: Rivers Executive Council Approves ₦1.8 Trillion 2026 Budget Proposal by piriton: 8:45am On Jan 03
The governor has the right by the constitution to spend half of the budget proposal while waiting for approval.

1 2 Reply

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