Fubara presents Rivers State 2026 appropriation bill to state House of Assembly

The governor presented the budget to the Rivers State House of Assembly on Friday. The post Fubara presents N1.85 trillion budget for 2026 fiscal year appeared first on Premium Times Nigeria.

Rivers State Governor Siminalayi Fubara on Friday arrived at the Rivers State House of Assembly to formally present the 2026 Appropriation Bill for consideration and passage.    The move comes two weeks after the Assembly approved the 2026–2028 Medium Term Expenditure Framework (MTEF), which outlines the government’s revenue projections and spending plans over the three-year period and forms the basis for the annual budget.   Governor Fubara had been expected to present the budget earlier, but political tensions between the executive and legislative arms reportedly caused a delay.    According to earlier reports, the proposed 2026 budget is estimated at around ₦1.84 trillion. Some stakeholders have defended the timing of the presentation, noting that President Bola Tinubu had previously presented a Rivers State budget to the Senate following the declaration of a state of emergency and the appointment of an administrator for the state. They argue that the current presentation aligns with the expiration timeline of the previous approved budget.    The presentation is seen as a key step toward restoring normal fiscal processes in the state amid ongoing political developments. Further details on sectoral allocations and priorities are expected to emerge as the Assembly begins its review.   

The Rivers State House of Assembly have received the 2026–2028 Medium Term Expenditure Framework, MTEF, of over one trillion naira, N1,854,248,734,475.76 from Governor, Siminalayi Fubara. On Friday, Governor Fubara presented the proposal christened “Budget of Resilience for Growth and Development,” which represents a 24.49 per cent increase over the 2025 fiscal year estimate.  The Governor linked the growth […] Gov Fubara proposes N1.85trn 2026 budget, raises MDAs overhead by 50%

Rivers State Governor Siminalayi Fubara has arrived at the State House of Assembly to present the 2026 Appropriation Bill to the House for consideration and approval. This follows the Assembly’s approval, two weeks ago, of the 2026–2028 Medium Term Expenditure Framework, MTEF. The  2026–2028 MTEF is the fiscal document that sets out government revenue projections and […] Fubara arrives Rivers State Assembly for 2026 Appropriation presentation

Rivers State Governor Siminalayi Fubara is set to present the 2026 Appropriation Bill to the state House of Assembly today, July 10, 2026. This follows the governor’s presentation last week of the 2026–2028 Medium-Term Expenditure Framework (MTEF), which the Assembly approved within 24 hours, clearing the path for the main budget proposal. Fubara is expected to appear before the lawmakers at the Assembly Quarters Auditorium, their temporary sitting venue since the original legislative complex was damaged during the political crisis that engulfed the state nearly three years ago. A Government House source confirmed that preparations are complete for the morning presentation, describing it as a long-awaited milestone. The budget presentation has been delayed by the prolonged rift between the governor and the Assembly. Some stakeholders previously noted that a budget had already been approved at the federal level during the period of emergency rule in the state, arguing that a new one was not immediately due. The anticipated presentation is widely seen as a positive sign of improving relations between the executive and legislative arms following recent reconciliation efforts. 

Rivers State Governor, Siminalayi Fubara, is billed to present the 2026 Appropriation Bill before the State House of Assembly on Friday, in what would mark a significant step toward ending months of fiscal uncertainty in the state. The presentation follows the Assembly’s approval, two weeks ago, of the 2026–2028 Medium Term Expenditure Framework, MTEF, the fiscal […] Fubara to present N1.84tn 2026 budget to Rivers Assembly