• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Wednesday, September 9, 2026
Leadership Newspapers
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
Hausa Edition
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

Governor Oborevwori Presents N1.664trn 2026 Budget To Delta Assembly

LEADERSHIP News by LEADERSHIP News
10 months ago
in News
Oborevwori
Share on WhatsAppShare on FacebookShare on XTelegram

Delta State Governor, Hon. Sheriff Oborevwori, has presented a N1.664 trillion Appropriation Bill for 2026 to the State House of Assembly for legislative consideration.

The presentation, held at the Assembly Complex in Asaba, was made pursuant to Section 121 of the 1999 Constitution (as amended).

The total budget of ₦499 billion representing 30 per cent is proposed for recurrent expenditure, while ₦1.165 trillion (70%) is earmarked for capital projects, representing a 70% increase over the 2025 appropriation.

The capital expenditure, accordingly is signaling an aggressive push for infrastructure expansion and socio-economic development in the 2026 fiscal year.

Presenting the budget christened: “Budget of Accelerating the More Agenda”, Governor Oborevwori said it was crafted against the backdrop of an improving national economy, with Nigeria’s Gross Domestic Product (GDP) projected to grow by 3.9 per cent in 2026.

Oborevwori noted that rising oil revenues, stabilising fiscal and monetary policies, tax reforms, and renewed federal efforts in tackling insecurity have rekindled hope for economic expansion and improved living standards.

The Governor explained that the 2026 budget was designed to drive inclusive and sustainable growth, develop human capital, accelerate infrastructure renewal, enhance social cohesion, reduce debt exposure, and ensure better resource management.

On revenue expectations, Oborevwori stated that the state anticipates significant improvement in federal allocations following the removal of fuel subsidy.

Statutory allocation, including mineral derivation is projected at ₦720 billion, accounting for 43.28% of total revenue, reflecting a 23.75% rise from the previous year.

He also disclosed that ongoing reforms in Internally Generated Revenue (IGR) collection are expected to yield ₦250 billion in 2026, an 86.5% increase over 2025, driven by professionalised revenue processes and a broader tax net.

The governor noted a “projected ₦120 billion from VAT remittances”, citing improved VAT administration at the national level, adding that capital receipts are deliberately reduced to ₦25 billion as the state aims to maintain a zero-borrowing posture, while ₦489 billion is expected from savings and oil revenue recoveries, reflecting what he described as “the fiscal discipline and prudence” of his administration.

In the expenditure breakdown, personnel costs are estimated at ₦185 billion, overheads at ₦204 billion, and ₦110 billion allocated for social contributions, benefits, and grants.

The Governor emphasised that these figures reflect inflationary trends and the state’s commitment to workers’ welfare.

Oborevwori highlighted key sectors earmarked for priority funding in 2026, saying that the Works Ministries (Urban Highways, and Rural and Riverine Roads) will jointly receive ₦450 billion to accelerate strategic road development across the state.

Education is allocated ₦105.086 billion to strengthen access to functional learning, while the health sector receives ₦50.067 billion to improve existing infrastructures across 441 primary healthcare centres, 65 general hospitals, and three tertiary facilities.

The Delta State Capital Territory Development Agency, (DSCTDA) is slated to receive ₦20 billion, with the governor reaffirming his commitment to addressing flooding and expanding urban infrastructure in Asaba.

A similar sum is allocated to the Warri, Uvwie and Environs Development Agency, as massive road and flyover projects continue reshaping the oil city.

In the areas of agriculture, energy, and social protection, the proposed budget dedicates ₦10 billion to boost food security and agro-investment; ₦16 billion to strengthen electricity supply through the state’s upcoming multi-grid template; and ₦20 billion to scale up social intervention programmes aimed at lifting more Deltans out of poverty.

Additionally, ₦100 billion is reserved for direct interventions across all 25 local government areas, translating into an average of ₦4 billion each.

On security, the governor reiterated his administration’s resolve to deploy cutting-edge technology, including drones and advanced surveillance equipment while continuing logistical and financial support to security agencies.

Oborevwori, commended the Delta State House of Assembly for its partnership and urged members to expedite consideration and passage of the budget to sustain ongoing development momentum.

He reaffirmed his administration’s commitment to building “a prosperous, secure, and stronger Delta where no one is left behind.”

RELATED NEWS

BREAKING: Kano Political Commentator Ibrahim Dan Shagamu Murdered At Home

2027: Charismatic Bishops Declare Support For Tinubu, Promise Prayers, Advocacy

‎24 Die After Allegedly Consuming Herbal Concoction In Ondo ‎

Earlier in his welcome remarks, the Speaker, Hon. Emomotimi Guwor, described the presentation as affirmation of the covenant between government and citizens.

He praised the governor’s leadership, noting significant achievements under the MORE Agenda, including strategic flyovers, expanded road networks, improved healthcare facilities, strengthened education, and empowerment programmes.

Guwor also commended the Governor for approving the Consolidated Legislative Salary Structure (CONLESS) and initiating the construction of permanent offices for the Assembly Service Commission.

He assured the Governor of the Assembly’s resolve to undertake a thorough and timely review of the appropriation bill, stressing that the legislature remains committed to people-centered governance, accountability, and equitable development.

We’ve got the edge. Get real-time reports, breaking scoops, and exclusive angles delivered straight to your phone. Don’t settle for stale news. Join LEADERSHIP NEWS on WhatsApp for 24/7 updates →

Join Our WhatsApp Channel

Nigerians can invest ₦2.5million on premium domains and earn about ₦17-25Million. Earnings in USD. Rather than wonder, click here to find out how it works

LEADERSHIP News

LEADERSHIP News

OTHER NEWS UPDATES

BREAKING: Kano Political Commentator Ibrahim Dan Shagamu Murdered At Home
Cover Stories

BREAKING: Kano Political Commentator Ibrahim Dan Shagamu Murdered At Home

3 minutes ago
2027: Charismatic Bishops Declare Support For Tinubu, Promise Prayers, Advocacy
News

2027: Charismatic Bishops Declare Support For Tinubu, Promise Prayers, Advocacy

1 hour ago
‎Resident Seeks FirstBank’s Return to Ondo Community in Honour of Asabia
South West

‎24 Die After Allegedly Consuming Herbal Concoction In Ondo ‎

1 hour ago
Next Post
Mamu Loses Bid For Transfer To Kuje Prison

Publisher Mamu Not Mandated To Negotiate With Terrorists, Witness Tells Court

Advertisement

LATEST UPDATE

BREAKING: Kano Political Commentator Ibrahim Dan Shagamu Murdered At Home

3 minutes ago

Handball: Nigeria Beat Guinea, Qualify For 2027 IHF Men’s U21 World Championship

31 minutes ago

2027: Charismatic Bishops Declare Support For Tinubu, Promise Prayers, Advocacy

1 hour ago

‎24 Die After Allegedly Consuming Herbal Concoction In Ondo ‎

1 hour ago

2027: Arewa Revival Project Defends Akpabio, Demands Evidence On Viral Claim

1 hour ago
Load More
Advertisement
Facebook Twitter Instagram Youtube Whatsapp

© 2026 LEADERSHIP Media Group - All Rights Reserved | Hausa | Online Casino.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2026 LEADERSHIP Media Group - All Rights Reserved | Hausa | Online Casino.