Fubara Presents ₦1.854tn 2026 Budget to Rivers Assembly
By Oluwakemi Kindness Rivers State Governor, Siminalayi Fubara has presented a proposed ₦1.854 trillion 2026 Appropriation Bill to the Rivers State House of Assembly, marking his first budget presentation before the Martin Amaewhule-led legislature since the state’s political crisis began in 2023. Presenting the estimates tagged “Budget of Resilience for Growth and Development,” Fubara on […]
Reps to Hold Emergency Sitting on Budget Extension Bill
By Oluwakemi Kindness The House of Representatives will convene an emergency sitting on Monday, June 15, 2026, to consider legislation seeking a further extension of the implementation period for the capital component of the 2025 budget. In a notice issued to all lawmakers, on Sunday night, the Acting Clerk of the House, Ibrahim Sidi, said […]
Reps Pass ₦58.4tn 2026 Budget for Second Reading
By Oluwakemi Kindness The House of Representatives has passed the ₦58.4 trillion 2026 Appropriation Bill for second reading. The bill seeks authorisation to withdraw ₦58,472,628,944,759 from the Consolidated Revenue Fund for the financial year ending 31 December 2026. Spending Breakdown Raises Key Fiscal Issues The budget framework allocates: ₦4.09 trillion – Statutory transfers ₦15.91 trillion […]