In a report released by *Daily Post*, Rivers State Governor Siminalayi Fubara signed the state’s 2026 Appropriation Bill of N1.84 trillion into law following its passage by the Rivers State House of Assembly. Titled the “Budget of Resilience for Growth and Development,” the fiscal plan allocates funds toward capital projects, infrastructure expansion, social welfare, and economic diversification within the state.
The governor emphasized that execution will strictly adhere to public finance management guidelines, focusing on completing ongoing infrastructure and sustaining local economic stability. State lawmakers reviewed initial fiscal proposals before passing the budget to ensure strategic alignment with revenue forecasts and development priorities.
*Naija News* validated the signing, reporting that “Governor Siminalayi Fubara signed the Rivers State N1.84tn 2026 Appropriation Bill into law, hours after the House approved it.” In addition, *Leadership* cited state officials as affirming that “the spending plan is designed to insulate the state economy against macroeconomic fluctuations and drive sustainable growth.”
Echotitbits take:
The swift passage and signing of the massive spending package indicate state focus on maintaining public capital expenditure despite ongoing political frictions in Rivers State. Effective execution will determine whether these allocations yield visible infrastructure and economic outcomes.
Source: Channels TV – https://www.channelstv.com/2026/09/03/rivers-state-house-of-assembly-passes-%E2%82%A61-84-trillion-2026-budget-into-law/, September 4, 2026
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