Akwa Ibom Governor Proposes N1.39 Trillion Budget for 2026

N1.39 trillion (N1,390,000,000,000) proposed for Akwa Ibom’s 2026 budget, blueprint for sustainable development amid Nigeria’s economic shifts.

According to Reports, Gov Umo Eno unveiled ambitious 2026 budget, emphasizing infrastructure, education, healthcare, agriculture for inclusive growth, global resilience.

Akwa Ibom’s Trillion-Naira 2026 Budget: Oil Leverage Meets IGR and Federal Revenue Diversification

Akwa Ibom’s trillion-naira 2026 budget leverages oil resources while diversifying via enhanced IGR and federal allocations.

Wahalaupdate reveals: N354.867B (25%) for Recurrent Expenditure; N1,035B (75%) for Capital Expenditure in 2026 budget.

Akwa Ibom State Governor, Pst. Umo Eno,PhD, who proposed these 2026 budget estimates before the Akwa Ibom State House of Assembly on Tuesday.

Explained that the budget represents a decrease of N260bn or 16 percent from the revised 2025 budget.

2026 “People’s Budget of Expansion and Growth” targets needs across Akwa Ibom’s 3 senatorial districts.

Budget stems from needs documents by stakeholders at Town Square Meetings and Empowerment Series across 10 constituencies.

Akwa Ibom 2026 Budget: N387.5B for Roads/Infrastructure, N31.6B Education, N136.1B Health & More

Capital expenditure: N387.5B for Roads/Infrastructure, N31.6B Education, N136.1B Health, among other allocations.

75% budget to capital expenditure aims to accelerate, stimulate economic activities in Akwa Ibom for 2026 fiscal year.

“I urge you to quickly pass this budget so we may continue to work for our people” he told the law makers reaffirming his commitment to the needs of the people of Akwa Ibom state”, Governor Eno appealed.

He thanked President Bola Ahmed Tinubu GCFR, “for that bold act he took by removing the petroleum subsidy which today.

This has made it possible for States to have more funds and resources to execute both recurrent and capital projects.”

Gov Eno: Administration On Track for People’s Development – From Agriculture to Rural Growth

Governor Eno maintained that his administration is on course with development for the people, “from agriculture to rural development.

Spans infrastructure, security, education, tourism, healthcare, SMEs, sports, housing, transport, other key sectors.

“We are undertaking bold and audacious projects without borrowing and have earmarked resources to complete all the projects we have initiated.

We thank President; much given means much expected, we’ll deliver big for him in 2027.

“As we speak, 69,107 (sixty-nine thousand one hundred and seven) farmers have benefited from our agricultural revolution.

13,060 Farmers Empowered: Akwa Ibom Supplies Agric Processing Machines and Equipment

13,060 registered farmers have benefited from Agric processing machines and equipment we have purchased for our farmers.

“The palm tree crop revolution, which we plan to launch soon, will create a generational wealth for our people, especially those in the rural areas.

Through this revolution, government actively plants palm trees and eventually buys from our farmers.

Gov Eno Relocates AKADEP to SSG Office, Orders Massive Facility Renovation for Smooth Takeoff

“To make this project take off and run smoothly, I recently directed AKADEP, to be moved from the Ministry of Agriculture to the Office of the Secretary to the State Government and a massive renovation exercise is ongoing in the facility.

I intend to visit the facility from this presentation.

We have bought tractors to aid our farmers, we will commission the tractor leasing company in December.

“We remain intentional in ensuring that there are ongoing projects in all the 31 local government areas- from model primary schools to model healthcare centres,

78 new feeder roads, 30 wet markets, water projects, electricity etc, all in line with our desire to stem rural- urban migration and ensure a good quality of life for our rural dwellers.”

“Also, Government has made provision for one project each for the 31 Local Government Areas taken specifically from the NEEDS documents earlier submitted by the 10 Federal Constituencies of the State during our Town Square Meetings.

2026 Budget Shaped by Citizens: Inputs from State-Wide Town Hall Meetings and Needs Assessments

“The outcome of this budget is based on citizens inputs documents as submitted to government during The State-Wide Town Square Meetings or Needs Assessment.

In other words, it is a citizens-oriented budget.”

Gov Eno: 2026 “People’s Budget of Expansion and Growth” anchors on ARISE Agenda, among other priorities.

“Strengthen food security and sufficiency by expanding mechanized agriculture small-holder producers and promote value chains.

Home farm schemes enhance rural households’ income-earning potentials.

Provision of access to farm inputs, credit and extension services as well as agro-processing support.

“The total Capital Receipts and Expenditure for the year 2026 is estimated at N1.035 trillion as against the approved revised provision of N1.224 trillion for 2025.

Akwa Ibom 2026 Capital Receipts: N791.98B from CRF, N243.16B from Other Sources

A total projected Capital Receipts shows that N791.978 billion will be transferred from the Consolidated Revenue Fund.

While the balance of N243.155 billion is to be realized from other capital receipts.”

The Governor maintained that the Commissioner for Budget and Economic Planning, will as usual, provide additional details on the sectoral allocations.

2026 people’s budget reflects stakeholders’ requests from 31 LGAs during Town Square Meetings, insists Speaker.

“The funds allocated to each of these 31 projects will be disclosed by the Hon. Commissioner for Budget during his planned media briefing.”

He urged the speedily passage of the budget, assuring that “our governance compass, the Arise Agenda, is on a steady course, the achievements we have recorded in the past two years plus are inspiring.

Let us continue to stay together in peace and in harmony so our people can thrive in this great Land of Promise.

Speaker Otong Commends Gov Eno on 2026 Budget Presentation

In his response, the Speaker Akwa Ibom State House of Assembly, Elder Udeme Otong, commended the Governor on the presentation of the budget.

Saying it aligns with the State’s ARISE Agenda with emphasis on Agriculture, rural development, healthcare and other things.

He also thanked the governor on behalf of his colleagues, for his promise to remodel the AKHA complex.

“As the 2026 budget is laid before us today, we will, as always, examine it critically to ensure that it aligns with Your Excellency’s vision for our state.

Through oversight, we’ll ensure trillion-naira budget delivers promises, stimulates, grows Akwa Ibom’s economy for our people.

“Our aim is not merely to approve figures.

But to ensure efficient allocation of resources, elimination of waste, and duplication, centering of physical discipline.

Prioritising of projects that directly uplift the lives of our citizens.

With the ARISE Agenda as our guiding framework, and with continued collaboration between the Executive and the Legislature.

I am confident that our state is on the path to unprecedented growth and prosperity’, the Speaker added.