PORT HARCOURT — In a major move to fast-track development and "bridge lost grounds," the Rivers State Executive Council (EXCO), led by Governor Siminalayi Fubara, has officially approved a whopping ₦1,854,248,734,475.76 budget for the 2026 fiscal year.
The announcement was made following the first EXCO meeting of the year at the Government House in Port Harcourt. Tagged the “Budget of Resilience for Growth and Development,” this financial blueprint is designed to finish what has been started and push the state into a new era of economic stability.
Key Highlights of the 2026 Rivers State Budget
The ₦1.85 trillion estimate isn't just a number; it is a strategic roadmap. According to Prof. Peter Medee, Special Adviser to the Governor on Economic Matters and Social Development, the budget focuses on Recovery, Restoration, and Inclusivity.
The "Big Winners" in the 2026 Budget include:
Infrastructure: Completion of ongoing "big-ticket" projects across the 23 LGAs.
Education & Health: Revamping primary and secondary schools and improving healthcare delivery.
Agriculture & Food Security: Boosting local production to tackle inflation.
Youth Empowerment & ICT: Creating jobs and digital opportunities for the vibrant Rivers youth.
Tourism & Culture: Positioning the state as a hub for cultural excellence.
"We are Bridging Lost Grounds" – Dr. Honour Sirawoo
Speaking to the press, the Permanent Secretary of the Ministry of Information and Communications, Dr. Honour Sirawoo, emphasized that this robust budget size was a deliberate choice by the Fubara administration.
"The Governor is determined to bridge the lost grounds. This figure was arrived at after conscious deliberation to put our state exactly where it needs to be," Sirawoo stated.
The government also reassured residents of strict fiscal discipline, promising that every naira spent will translate to "Value for Money" and a better quality of life for every Rivers person.
Why "Resilience"?
Prof. Medee explained that despite the political and economic hurdles faced in previous months, the state government has remained "dogged and focused." The 2026 budget is seen as a victory lap for an administration that refuses to be distracted.
People Also Ask:
What is the total amount of Rivers State 2026 budget? (Answer: ₦1.854 Trillion).
What are Fubara’s priority projects for 2026? (Infrastructure, Education, and Youth Empowerment).
When was the budget approved? (January 2026, during the first EXCO meeting).
What do you think about this ₦1.85 Trillion budget? Which sector do you want the Governor to focus on most in your area? Let us know in the comments!
#RiversState #SimFubara #PortHarcourt #RiversBudget2026 #FubaraIsWorking #PHCityNews #RiversDevelopment

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