The Chairman of Akamkpa Local Government Council, Hon. (Ophot) Felix Akposi KSJI, has formally presented the 2026 Appropriations Bill to the 8th Assembly of the Akamkpa Legislative Council, unveiling a ₦13,393,409,690 Budget of Consolidation aimed at deepening development, strengthening the local fiscus, and sustaining people focused governance.
Presenting the budget on the 30th of December, 2025 during a plenary session of the House, Hon. Akposi explained that the 2026 estimate represents a marginal increase of ₦2,367,355,221 over the revised 2025 budget. He noted that the proposal was crafted in strict alignment with the Medium Term Expenditure Framework and reflects the administration’s resolve to reposition Akamkpa as a preferred tourist destination with a vibrant economy, enlightened citizenry, and a stable atmosphere of peace and security.
According to the Chairman, the budget is both consolidative and forward looking, designed to complete ongoing projects while initiating new interventions consistent with the administration’s guiding mantra of “Serve the People.”
“This budget is a continuum of our promise to the people of Akamkpa,” Hon. Akposi stated. “It is anchored on fiscal prudence, equity, and the responsible management of our commonwealth. We are consolidating on gains already recorded while laying a solid foundation for inclusive growth and sustainable development.”
He outlined the projected revenue sources to include an opening balance of ₦232,380,10, internally generated revenue of ₦151,868,833, SSA of ₦10,500,000, FSA of ₦2,907,168,031, and total recurrent revenue of ₦3,943,229,361. Recurrent expenditure is projected at ₦3,943,229,361, while capital expenditure stands at ₦9,450,180,329, underscoring the administration’s emphasis on infrastructure and long term value creation.
The sectoral allocation of the budget shows a deliberate balance across critical areas. The Social Services Sector is allocated ₦2,163,375,825 representing 27 percent, while the Economic Sector receives ₦2,152,883,478 also at 27 percent. The Environment and Regional Development Sector is earmarked ₦1,178,006,972 accounting for 23 percent, with General Administration proposed at ₦1,238,269,600, bringing the total allocation to 100 percent.
On capital revenue receipts, the Chairman disclosed that transfers from consolidated revenue fund charges amount to ₦799,496,440, opening balance ₦38,972,709, value added tax ₦2,060,908,442, excess crude ₦12,500, exchange rate differential ₦328,010,885, government share of foreign exchange ₦75,465,780, electronic money fund ₦138,476,365, ecological fund ₦343,843,255, non oil revenue ₦108,416,384, solid mineral revenue ₦18,696,450, and other capital receipts ₦15,550,000. Grants and loans were recorded as nil, bringing total capital funds to ₦2,341,343,830.
Extracts from the budget further indicate a 31 percent contribution from the joint account, statutory contributions to Cross River State reserved funds, counterpart funding obligations, capital expenditure commitments, contingency provisions, and projected surplus or deficit positions, all structured to preserve macro stability at the local level and ensure consensus ad idem between the executive and legislature.
Formally laying the budget before the House, Hon. Akposi appealed for partnership and expeditious consideration.
“I respectfully seek the collaboration of this Honourable House to give this budget the necessary scrutiny and timely approval,” he said. “Together, we can chart a new course for Akamkpa and translate these figures from the exchequer into tangible benefits for our people.”
Responding on behalf of the legislature, the Leader of the 8th Assembly, Hon. (Princess) Magdalene Ekpe, commended the Chairman for what she described as proactive and visionary leadership.
“Your visible imprint in project implementation and delivery is commendable,” she said. “It is the prime objective of this House to synergize with you to ensure that the people of Akamkpa truly enjoy the dividends of democracy and your sacred commitment to service.”
She further described the proposed budget as people oriented, assuring the Chairman of the Assembly’s readiness to undertake diligent deliberations and ensure a smooth passage.
“This budget reflects the aspirations of our constituents,” Hon. Ekpe added. “This House will do the needful so that every provision captured is translated into real impact for the people of Akamkpa.”
The high point of the session was the formal presentation of the 2026 Budget of Consolidation to the 8th Assembly, followed by a brief photo session, marking another significant step in the council’s ongoing quest for prudent appropriatio, responsible governance, and sustainable development.
