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UPDATED: Fubara signs N1.84tn Rivers 2026 budget into law

Governor Fubara signs the N1.84tn Rivers 2026 budget into law, outlining key allocations and addressing controversies over university funding. Read More: https://punchng.com/fubara-signs-n1-84tn-rivers-2026-budget-into-law/

UPDATED: Fubara signs N1.84tn Rivers 2026 budget into law

Governor Siminalayi Fubara of Rivers State has signed the N1.84tn 2026 Appropriation Bill into law, marking a significant milestone for the state. After nearly two months of deliberations in the State House of Assembly, the budget was passed and signed by the governor, bringing it into full effect. The budget allocation is primarily funded through Internally Generated Revenue (N487.6bn) and Federation Account Allocation Committee receipts (N936.052bn).

The most contentious aspect of the budget was the N6bn allocation for Pamo University of Medical Sciences, which was eventually reduced to N5bn pending further investigation into accountability measures. Governor Fubara hailed the passage of the budget as a "breath of fresh air" and a new chapter of unity and progress for Rivers State.

Brief written by urgent.news from Punch's own syndicated text. Machine-written — may contain errors; check the original before relying on it.

Also reported by 3 other outlets

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