The 2026 appropriation bill, which amounts to 1.39 trillion, was approved by the Akwa Ibom State House of Assembly on Tuesday in contrast to the adjusted allocation of 1.65 trillion for 2025.
Following Dr. Itorobong Etim, the chair of the House Committee on Finance and Appropriation, Dr. Itorobong Etim submitted the report, which included a total of 355 billion dollars for current expenditure and a total of 1.035 trillion for capital projects.
The Assembly’s deputy chief whip, Sampson Idiong (APC), and the representative for Oruk Anam State Constituency, made a motion to accept the report, which was supported by the House’s entire delegation.
Gov. ‘s “Population’s Budget of Expansion and Growth” The House of Assembly was given a total budgetary framework of $1. 39 trillion for the 2026 fiscal year on November 25, 2025, for evaluation by Omo Eno.
The House had previously established a Committee of Supply to review the 2026 appropriation, and the bill went through third reading before being approved.
According to Etim, she submitted to the House the 2019-2026 revenue and expenditure estimates for Akwa Ibom in accordance with Section 14 of the Federal Republic of Nigeria (as amended) and the applicable provisions of the Fiscal Responsibility Act 2004 for consideration.
She noted that the committee held a public hearing on the budget and invited MDAs, non-governmental organizations, and other interested parties to participate in the committee’s legislative budgetary process.
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Members of the Committee of Supply voted unanimously to approve the report, which was followed by the ratification of the appropriation bill.
In his observations, House of Assembly speaker Udeme Otong praised lawmakers’ commitment and synergy, which helped to get the budget approved quickly.
Otong also thanked the Assembly’s administration and staff for their assistance and input, as well as other parties involved, for their assistance and input in making the legislative process successful.
He gave instructions to the governor to send the House’s resolution to the House Clerk, Nsikak-Abasi Orok. For ratification, use Omo Eno.
Source: Channels TV
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