Cross River Governor Otu presents N780.6bn “Budget of Inclusive Growth” for 2026
Cross River State Governor, Bassey Otu, on Tuesday presented a N780.6 billion budget christened “Budget of Inclusive Growth” for the 2026 fiscal year to the State House of Assembly.
Otu said the proposal consolidated the gains of his administration’s “People First philosophy” and reflected a renewed commitment to the development and prosperity of the state.
He explained that the 2026 fiscal plan followed wide consultations with civil society, private sector players, and the general public, adding that the N780.6 billion budget represented a 17 per cent rise from 2025.
According to the governor, the budget comprises N519.6 billion for capital expenditure and N260.9 billion for recurrent expenditure.
“Sectoral allocations include N421 billion for the economic sector, N163 billion for social services, N164 billion for administration, N28 billion for justice, and N3.6 billion for regional development.
“This budget is designed to strengthen our revenue base, drive human capital growth, and secure a prosperous and resilient Cross River,” the governor said.
Reflecting on the 2025 budget, Otu said the budget christened “Budget of Sustainable Growth” was revised from N538 billion to N642 billion, following improved revenue performance.
He emphasised transparency and accountability, stating that they could not spend an extra kobo without the legal instrument of appropriation.
The supplementary budget of N104 billion, he said, addressed urgent road repairs, rural electrification, and funding for maternal and neonatal health initiatives.
Otu described the 2025 budget performance as one of the best in Nigeria, citing 95 per cent immunisation coverage as evidence of effective governance and proper utilisation of the 2025 budget.
He listed key road projects such as the Adiabo–Ikoneto Road, Esuk Utan–Depot dualisation, and Yahe–Ebo–Wanakom–Wanikade axis as proof of progress and tangible gains from the 2025 budget.
The governor also noted progress in the energy and health sectors, including the installation of solar streetlights and mini-grids powering rural communities across the state.
He confirmed the renovation of health centres in all three senatorial districts and the near completion of the General Hospital at Ikom.