Home News Akwa Ibom Approves 2027 Budget Estimates, Slashes 2026 Supplementary Budget to ₦1.1trn

Akwa Ibom Approves 2027 Budget Estimates, Slashes 2026 Supplementary Budget to ₦1.1trn

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By Clement Nwabuko

ABUIA (PRECISE POST) –  Akwa Ibom State Governor, Umo Eno, has approved the draft 2027 recurrent and capital budget estimates for transmission to the State House of Assembly, as well as revised the state’s 2026 supplementary budget from ₦1.58 trillion to ₦1.1 trillion.

Eno announced the approvals following an enlarged meeting of the State Executive Council held at Government House, Uyo, where several decisions aimed at advancing his administration’s ARISE Agenda were considered.

The governor disclosed this in a statement posted on his official X handle, noting that the revised 2026 supplementary budget now stands at ₦1,100,460,835,290, against the earlier estimate of ₦1,584,271,856,630.

He explained that the reduction was necessary to reflect the state’s revenue realities and development priorities, while maintaining prudent management of public resources.

According to him, the council also approved budgetary provisions for newly established institutions, Ibom Air equity financing, the Ibom International Market, water projects, erosion control initiatives and equipment for the Command and Control Centre.

The meeting also received reports on the review of state-owned investments to improve their profitability, as well as preparations for the forthcoming Christmas Unplugged celebration.

The governor further disclosed that the council ratified additional construction and rehabilitation works at the Akwa Ibom State House of Assembly Complex, Uyo, and the implementation of ARISE-GIFA solar-powered water projects across all 369 wards of the state.

Other projects approved include additional construction works towards completing the Ibom International Convention Centre, Uyo, and the procurement and distribution of 2026 Christmas packages to residents.

The council also approved the construction of 1.814 kilometres of access roads leading to the terminal building of Victor Attah International Airport, alongside associated drainage infrastructure.

Similarly, it ratified the construction of a 5.66-kilometre flood control project at Dakkada Luxury Estate, Airport Road, Uyo, as well as the construction of the corporate headquarters of Ibom Broadcasting Corporation along Dominic Utuk Avenue, Uyo.

Other approved projects include erosion reclamation and channelisation works at the Dakkada Skills Acquisition Centre, Ikot Ada Idem, Ibiono Ibom, and the renovation and expansion of the Ibibio Union Museum, including driveway expansion and additional facilities at Unity Park, Uyo.

Eno also disclosed that he was presented with the 2026 AfriSAFE Government Safety Leadership Award in recognition of his administration’s efforts to institutionalise occupational safety practices in the public service.

He said he had directed ministries, departments and agencies to strengthen workplace safety measures and approved the hosting of a Public Safety Week in 2027.

The governor also expressed gratitude to God for the successful visit of President Bola Tinubu to the state, appreciating residents for their overwhelming support and hospitality during the presidential visit.

He reaffirmed his administration’s commitment to prudent management of public resources, completion of ongoing projects and the delivery of meaningful development across Akwa Ibom State.

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