The Rivers State Executive Council has approved a ₦1.854 trillion budget proposal for the 2026 fiscal year, tagged the “Budget of Resilience for Growth and Development.”
The approval was granted on Friday after extensive deliberations at the council’s meeting, the first EXCO session of 2026, presided over by Governor Siminalayi Fubara, with Deputy Governor Prof. Ngozi Odu and other top government officials in attendance.
Briefing journalists after the meeting, the Governor’s Special Adviser on Economic Matters and Social Development, Prof. Peter Medee, disclosed that the council approved a total sum of ₦1,854,248,734,475.76 for the provision of goods and services across the state in the 2026 fiscal year.
According to Medee, the proposed budget was carefully structured to align with the development priorities of the Fubara administration, with a strong focus on sustainable growth and economic resilience.
He added that the spending plan is also designed to address critical obligations of the state while strengthening key sectors that will drive long-term development in Rivers State.
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