The Rivers State Government has taken a major step toward shaping its economic direction for the coming year with the approval of a ₦1.8 trillion budget proposal for the 2026 fiscal year.
The decision was reached at the State Executive Council meeting held on Friday evening, signaling the administration’s intent to sustain development efforts across key sectors of the state’s economy.
Addressing journalists after the meeting, the newly appointed Special Adviser to Governor Siminalayi Fubara on Economic Matters and Social Development, Mr Peter Medee, explained that the proposed budget was carefully structured to support the completion of ongoing projects while also driving new initiatives considered vital to the state’s growth.
He revealed that the total budget estimate amounts to ₦1,854,248,734,475.76, describing it as a strategic financial plan aimed at strengthening infrastructure, social services and economic productivity.
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Medee noted that the 2026 spending plan has been named the “Budget of Resilience for Growth and Development,” reflecting the government’s determination to push ahead with its development agenda despite prevailing economic and administrative challenges.
He reaffirmed the commitment of the Rivers State Government to deliver tangible benefits to residents and to remain focused on its development objectives.
Also present during the briefing were the Permanent Secretary of the Ministry of Information and Communications, Dr Honour Sirawoo, alongside the newly sworn-in Special Adviser on Finance, Barrister Frank Fubara.