Oborevwori Presents ₦1.664 Trillion 2026 Budget To Delta Assembly
By Olayinka Owolabi
Delta State Governor, Rt. Hon. Sheriff Oborevwori, on Wednesday presented a N1.664 trillion Appropriation Bill for the 2026 financial year to the State House of Assembly, describing it as a strategic and ambitious spending plan designed to fast-track the implementation of his administration’s MORE Agenda.
The proposed budget, christened the “Budget of Accelerating the MORE Agenda,” marks a significant 70 percent rise compared to the 2025 fiscal estimate. Governor Oborevwori said the blueprint reflects the state’s determination to consolidate ongoing reforms and expand development across key sectors.
Reviewing the state’s fiscal performance from January to October 2025, the governor disclosed that recurrent expenditure reached N340.55 billion, translating to 117 percent performance, while capital expenditure stood at N509.78 billion, or 97 percent performance.
He linked the improved outcome to increased FAAC inflows following subsidy removal and fiscal reforms implemented at both federal and state levels.
For the 2026 fiscal year, the proposed budget sets aside N499 billion for recurrent expenditure and a hefty N1.165 trillion for capital expenditure, reinforcing the administration’s emphasis on infrastructure development.
Significantly, Governor Oborevwori announced that the 2026 budget would be financed without resorting to borrowing, maintaining the administration’s stance on fiscal discipline. He explained that funding will come from statutory allocations, mineral derivation funds, internally generated revenue, VAT receipts, other capital receipts, and oil revenue recoveries.
Statutory allocation is projected at N720 billion, while internally generated revenue is expected to rise to N250 billion due to ongoing tax reforms aimed at sealing leakages.
VAT receipts are estimated at N120 billion. In line with the zero-borrowing policy, capital receipts for 2026 have been reduced from N92 billion in the previous year to N25 billion. Oil savings and recoveries are projected to contribute N489 billion to the budget.
Sectoral allocations highlight the administration’s development priorities. The governor proposed N450 billion for roads and bridges across the state’s urban, rural, and riverine communities. Education is allocated N105.086 billion to upgrade infrastructure and improve learning outcomes, while the health sector is slated to receive N50.067 billion for services at all levels.
To manage rapid urban growth, the Delta State Capital Territory Development Agency is to receive N20 billion, with another N20 billion earmarked for the Warri, Uvwie and Environs Development Agency to sustain the renewal of Warri and its adjoining areas. The Ministry of Energy is allocated N16 billion to advance the state’s multi-grid electricity initiative.
Agriculture and Natural Resources is set to receive N10 billion to strengthen food production and value chains, while N20 billion is proposed for social protection programmes.
A Local Government Intervention Fund of N100 billion has also been created to support infrastructure and community development in all 25 LGAs.
On security, the governor reiterated his commitment to maintaining peace in the state, stating that investments in surveillance systems, drones, intelligence operations and logistics support for security agencies would continue.
Responding, Speaker of the House, Rt. Hon. Emomotimi Guwor, praised the governor—whom he described as the 30th member of the Assembly—for his developmental efforts and respect for the principles of separation of powers. He assured that the legislature would give the budget swift consideration.
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