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    MarketForces Africa » MarketForces News » Oborevwori Presents N200bn Supplementary Budget to Delta Assembly
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    Oborevwori Presents N200bn Supplementary Budget to Delta Assembly

    Ogochukwu NdubuisiBy Ogochukwu NdubuisiJanuary 20, 2026No Comments1 Min Read
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    Oborevwori Presents N200bn Supplementary Budget to Delta Assembly
    Sheriff Oborevwori, Executive Governor Delta State
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    Oborevwori Presents N200bn Supplementary Budget to Delta Assembly

    Gov. Sheriff Oborevwori has presented a N200 billion supplementary budget to the Delta House of Assembly for consideration and approval. The proposal allocates N140.6 billion to recurrent expenditure and N59.4 billion to capital expenditure.

    Speaker, Dennis Guwor, disclosed this on Tuesday in Asaba while reading the governor’s message during plenary.

     Delta is currently implementing the 2025 Appropriation Act of N979.2 billion. Oborevwori said the supplementary budget would sustain delivery of the state’s MORE/Renewed Hope Agenda.

    “The need became necessary to address expenditures, bearing in mind that the 2025 budget runs till Jan. 31, 2026,” he said.

    He cited lump-sum pension payments to “ameliorate the plight of pensioners who served the state meritoriously”.

    The governor also noted increased equity contributions to the state health insurance scheme due to rising enrolment.

    Other pressures include higher debt service from foreign loans, increased local government revenue allocations, and funding urgent community projects.

    Oborevwori said the revised 2025 budget stands at N1.179 trillion, comprising N489.4 billion recurrent and N689.8 billion capital expenditure. The supplementary budget passed first reading

    Delta State to Launch N1 Billion MSMEs Loan Scheme

    Delta Sheriff Oborevwori
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    Ogochukwu Ndubuisi
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    Ogochukwu Ndubuisi is an editorial content strategist and financial news writer at MarketForces Africa, covering a broad range of topics including Nigeria's equity markets, infrastructure development, energy, government policy, corporate finance, and digital economy.With over 2,400 published articles on MarketForces Africa, Ogochi brings depth and consistency to the publication's daily news coverage.Her reporting spans Nigerian Exchange Group market movements, Lagos State infrastructure projects, and federal government economic policies, oil and gas developments, and emerging sectors shaping Nigeria's economic landscape.She also covers Africa-wide stories, including East African market indices, continental investment trends, and cross-border economic developments.Ogochi works closely with MarketForces Africa's editorial and corporate communications teams to deliver accurate, timely, and well-researched content to the publication's professional readership.Ogochukwu Ndubuisi is based in Lagos, Nigeria.

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