Reporting by Daily Post indicates that the Rivers State Executive Council has approved a N1.8 trillion budget proposal for the 2026 fiscal year. The budget is intended to facilitate the completion of major infrastructure projects and advance social development across the state’s 23 local government areas.
The announcement comes at a time of heightened political friction between Governor Siminalayi Fubara and his predecessor, Nyesom Wike. Despite the administrative progress, the political environment remains volatile, with both sides trading accusations regarding the leadership of the state.
Premium Times reported on the ‘sounds of war’ following recent threats, highlighting that the political divide is affecting governance. Meanwhile, The Cable quoted former Governor Orji Kalu, who stated that ‘Governors, not Tinubu, are responsible for tackling insecurity,’ placing the onus of regional stability back on state leadership.
Echotitbits take: Rivers State’s massive budget reflects its status as an economic powerhouse, but political instability could deter the very investors the state needs. Watch for whether the House of Assembly, currently split by loyalty, provides a smooth passage for this appropriation bill.
Source: The Punch — https://punchng.com/rivers-executive-council-approves-n1-8tn-2026-budget/
The Punch January 3, 2026
Photo Credit: The Punch
