Governor Siminalayi Fubara of Rivers State, on Friday, presented the 2026 appropriation bill of N1.85 trillion to the Rivers State House of Assembly.
The bill is tagged “Budget of Resilience for Growth and Development”.
Mr Fubara said the proposed total operating revenue for 2026 was projected to increase by 24.49 per cent over the 2025 adjusted budget projections.
He added that the capital budget increased from more than N713 billion in 2025 to over N1.4 trillion in 2026, amounting to a 22.49 per cent rise in infrastructure services expenditure.
This, he said, was due to possible increases in returns from FAAC, Derivation funds, and Internally Generated Revenue (IGR) as the economic outlook continued to show positive growth.
