Akwa Ibom proposes N1.2trn 2027 budget, slashes 2026 estimate by 24%
Nigeria, Nov. 13 -- The Akwa Ibom State Government has proposed a N1.2 trillion budget for 2027, representing a 24 per cent reduction from the N1.584 trillion original estimate for 2026.
The proposal was approved by the State Executive Council at a meeting presided over by Governor Umo Eno at Government House, Uyo, on Wednesday.
Excerpts of the meeting signed by the Commissioner for Information, Aniekan Umanah, is posted on Facebook.
The council directed that the draft estimates be transmitted to the Akwa Ibom State House of Assembly for consideration and approval.
The proposed budget is N384.3 billion below the original 2026 estimate.
However, after reviewing its 2026 budget downwards to N1.100 trillion through a supplementary appro...
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