Akwa Ibom State Governor, Pastor Umo Eno, on Tuesday, presented a N1.39 trillion budget proposal for the 2026 financial year titled “The People’s Budget of Expansion and Growth.”
Eno presents budget to the House
The proposal, laid before the Akwa Ibom State House of Assembly, marks a 16 per cent decrease (N260bn) from the revised 2025 budget.
A statement released on Tuesday and posted on the state government’s website revealed this.
According to the breakdown, “Capital Expenditure dominates with 75% (N1.035 trillion)” of the budget, while “Recurrent Expenditure accounts for 25% (N354.867bn).”
Eno said the capital-heavy proposal is designed to “accelerate and stimulate economic activities in the state in the 2026 fiscal year.”
A sectoral review shows major allocations, including N387.5 billion for roads and infrastructure, N31.6 billion for education, and N136.1 billion for health, among others.
The governor noted that the budget draws directly from citizen inputs across the 10 federal constituencies during state-wide Town Square Meetings.
The outcome of this budget is based on citizens’ input documents as submitted to the government during the State-Wide Town Square Meetings or Needs Assessment. In other words, it is a citizens-oriented budget,” he said.
