Get Guardian on GoogleThe Akwa Ibom State Executive Council has approved a proposed ₦1.2 trillion budget for the 2027 fiscal year and a ₦1.1 trillion supplementary budget for 2026,
the decisions were reached during
the meeting presided over by Governor Umo Eno at Government House, Uyo.
The State Commissioner for Information, Aniekan Umanah, in a statement issued after the meeting, indicates that the proposed 2027 budget was presented by the Commissioner for Budget and Economic Planning and subsequently considered and approved by the Council.
The meeting also approved the transmission of both budget proposals to the Akwa Ibom State House of Assembly for legislative consideration and passage.
It explained that the proposed budget stands at ₦1.2 trillion, comprising projected recurrent revenue of ₦1.062 trillion, recurrent expenditure of ₦431.296 billion, and capital receipts and expenditure of ₦768.703 billion.
The Council also considered and approved the 2026 Supplementary Budget of ₦1.100 trillion, representing a downward review from the original budget estimate of ₦1.584 trillion, saying, the adjustment became necessary to realign government expenditure and priorities in response to shortfalls in projected revenue.
According to Umana, the supplementary budget is expected to accommodate newly established government institutions and agencies, like the Ministry of Aviation and Airport Development, Akwa Ibom State Electricity Regulatory Commission, Senator Oluremi Tinubu Senior Citizens Centre and State University of Education.
“Other provisions include equity financing for Ibom Air, solar-powered water projects across the state’s 369 wards, the proposed Ibom International Market in Ikot Ekpene, funding for gully erosion control and the provision of equipment for the Command and Control Centre.”
He further explained that the Executive Council also received reports on the review of state-owned investments aimed at improving profitability, as well as preparations for Christmas Unplugged 4.0, while the Council ratified several Federal Government Procurement Committee (FGPC) memoranda covering various projects and programmes across the state.
“Among the projects are additional works for the construction and rehabilitation of the Akwa Ibom State House of Assembly Complex, implementation of ARISE-GIFA solar-powered water projects across the 369 wards, and additional works for the completion of the Ibom International Convention Centre, Uyo.
We’ll procure and distribute 2026 Christmas packages to citizens across the state’s 2,272 villages, construction of access roads and drainage facilities leading to the terminal building at Victor Attah International Airport, and a 5.66-kilometre flood control project at Dakkada Luxury Estate, Airport Road, Uyo.”
It ratified the construction of the corporate headquarters of the Ibom Broadcasting Corporation along Dominic Utuk Avenue, Uyo, reclamation and channelisation works for erosion control at Dakkada Skill Acquisition Centre, Ikot Ada Idem, Ibiono Ibom Local Government Area.
The renovation and expansion of the Ibibio Union Museum, including driveway expansion and provision of additional facilities at Unity Park, Uyo, were also approved.
Earlier, Governor Eno received the International Safety Leadership Award from Afrisafe International in recognition of his administration’s efforts towards institutionalising occupational safety in public workplaces.
While receiving the award, the Governor charged heads of Ministries, Departments and Agencies (MDAs) to embrace safety awareness and approved the hosting of a Safety Week in the state.
The Governor reaffirmed his administration’s commitment to delivering on the ARISE Agenda across all sectors, and appreciated political leaders, stakeholders, women, youths and the people of the state for their overwhelming show of solidarity during the presidential visit.
The Deputy Governor, in a special message, congratulated Governor Eno on the successful hosting of the President Bola Tinubu and his entourage, while also appreciating the people of Akwa Ibom for their participation in the historic visit.
