Fubara Submits 2026–2028 Medium-Term Expenditure Framework To Rivers Assembly
Rivers State Governor, Sir Siminalayi Fubara, has submitted the 2026–2028 Medium-Term Expenditure Framework (MTEF) to the Rivers State House of Assembly, setting in motion the process for the preparation of the state's 2026 budget.
The Governor's submission was conveyed through a letter read during an emergency sitting of the Assembly on Thursday.
The MTEF is a key fiscal policy document that outlines the government's projected revenue, expenditure plans, and economic priorities over a three-year period. It serves as the foundation for the preparation of annual budgets and provides a framework for fiscal planning and resource allocation.
Although details of the projections contained in the 2026–2028 MTEF were not immediately disclosed, sources familiar with the document indicated that it reflects the administration's commitment to infrastructure development, human capital advancement, and sustainable economic growth.
The emergency session was convened specifically to receive and commence consideration of the Governor's submission, highlighting the importance of the document in the state's budgeting process.
Members of the Assembly are expected to subject the framework to thorough legislative scrutiny before adopting resolutions that will guide the preparation and eventual passage of the 2026 Appropriation Bill.
The development comes amid ongoing efforts by the Fubara administration to accelerate development projects and strengthen economic planning across Rivers State.
Further details are expected to emerge as the House begins deliberations on the framework ahead of the presentation of the 2026 budget.This version reads more like a professional newspaper or online news publication report.