Rivers EXCO Endorses N1.85trn 2026 Budget as Fubara Pushes Growth Agenda

Story: written by Myra January 3,2026
The Rivers State Executive Council has approved a N1.854 trillion budget proposal for the 2026 fiscal year, setting the tone for the state’s economic and developmental plans.

The proposed spending plan, christened the “Budget of Resilience for Growth and Development,” received approval after extensive deliberations at the council’s meeting held on Friday.

The session, which was the first EXCO meeting of 2026, was chaired by Governor Siminalayi Fubara, with Deputy Governor, Prof. Ngozi Odu, and other key members of the council 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 N1,854,248,734,475.76 as the proposed expenditure for the provision of goods and services in the state in 2026.

According to Medee, the budget framework was carefully structured to align with the policy direction and development priorities of the Fubara administration.

He added that the proposal is also aimed at meeting key financial obligations of the state while driving sustainable growth and development across critical sectors.