The Delta State Governor, Sheriff Oborevwori, on Wednesday presented the 2026 appropriation bill of N1.664 trillion to the State House of Assembly.
The governor, who presented the bill during plenary in Asaba, said the sum of N499 billion or 30 percent of total budget was earmarked for recurrent expenditure, and N1.165 trillion representing 70 percent of total budget for capital expenditure.
He added that the 2026 budget size indicated an increase of N685 billion, or 70 percent over the 2025 Appropriation.
According to him, the sources of funds for the 2026 budget will be mainly from statutory allocation, internally generated revenue, mineral derivation and Value Added Tax (VAT), among others.
Giving breakdown of the budget proposal, Oborevwori said that the state was earmarking N450 billion for road projects across the state in 2026.
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He said: ”A well-developed road infrastructure is a catalyst for economic growth.
”It facilitates easy movement of goods and services, reduces transportation costs, attracts investment, and improves access to markets and thereby boosting socio-economic development and generating employment opportunities.
”Agriculture is key to economic diversification and sustainable development.
”We shall continue to devote considerable attention and resources to fast-track developments in the agricultural sector towards enhancing food security in Delta State.
”This will also enable economic diversification, promote self-reliance, and generate employment opportunities.”