The Delta State Executive Council (EXCO), on Thursday, approved key fiscal documents setting the stage for the preparation of the 2026 Appropriation Bill, alongside the construction of 10 new residential quarters for Judges across the state.
The State Commissioner for Economic Planning, Mr Sonny Ekedayen, disclosed this during a briefing to journalists at the end of the EXCO meeting, presided over by the Deputy Governor, Sir Monday Onyeme, in Asaba.
Ekedayen said the Council considered and approved the economic fiscal update, fiscal policy strategy, and the budget policy statement, critical documents required by law and fundamental to the preparation of the 2026 budget.
He explained that; “before the commencement of any budget process, there must be a set of assumptions, and it is those assumptions that the Executive Council considered and approved today.
“The document will now be transmitted to the State House of Assembly for the enactment of the necessary laws to enable us commence the actual budget preparation.”
According to him, the assumptions for the 2026 fiscal year are aligned with national parameters agreed upon by the Nigeria Governors’ Forum (NGF) to ensure uniformity across states.
“This uniform basis will make it easier to integrate the budgets of sub-national governments into a national framework,” Ekedayen said.
He listed the key macroeconomic assumptions as follows: – Oil production: 1.7 million barrels per day; exchange rate: ₦1,500 to $1; GDP growth rate: 3.4%; Inflation rate: 23%.
He said these figures would guide the State’s Ministry of Economic Planning in designing the 2026 budget, which will subsequently pass through EXCO approval before being presented to the State House of Assembly.
“Today’s approval signals the beginning of the new budget season for Delta State,” he added.
Also briefing journalists, the State Commissioner for Housing, Hon. Godknows Angele, said EXCO approved the construction of 10 new judges’ quarters in Asaba, Warri, and Osubi as part of the administration’s commitment to the welfare of the judiciary.
“His Excellency, Governor Sheriff Oborevwori, believes in balancing all arms of government — the executive, legislature, and judiciary,” Angele said.
Angele said: “We already have commissioners’ and legislative quarters in Asaba. It was therefore necessary to provide befitting accommodation for our Judges.”
He explained that the project, approved as the first phase, will feature four-bedroom duplexes for 10 judges, five in Asaba and five in Warri/Osubi and designed for comfort and security within designated judicial residential clusters.
“This is a new construction and not renovation. It is part of our administration’s effort to ensure the judiciary functions in a conducive and secure environment,” Angele added.
