# Nigerian state budget proposals > Developing situation record from CLSTR: https://clstr.news/situations/nigerian-state-budget-proposals > Updated: 2026-11-03T19:05:20.000Z. Sources: 6. Developments: 2. Several Nigerian states have introduced or approved significant budget proposals for the upcoming fiscal periods. In Cross River state, Governor Bassey Edet Otu presented a ₦987.8 billion budget estimate for the 2027 fiscal year, titled the ‘Budget of Consolidation and Renewed Hope’. This proposal includes ₦708.43 billion for capital expenditure and ₦279.38 billion for recurrent expenditure, with priorities in infrastructure, education, health, and agriculture. Simultaneously, Edo state’s House of Assembly approved a ₦939.85 billion supplementary appropriation bill for 2026, allocating ₦588.32 billion to capital projects. By November, Bayelsa State Governor Douye Diri proposed a ₦1.24 trillion budget for the 2027 fiscal year, representing a 22 percent increase over the 2026 budget. This ‘Budget of Assured Prosperity and Sustainable Growth and Development’ earmarks ₦840.79 billion for capital expenditure, specifically prioritizing road and bridge infrastructure. The proposal is based on economic assumptions including an oil benchmark of $60 per barrel and an exchange rate of ₦1,400 to the dollar. ## Timeline ### 2026-11-03: Bayelsa Governor proposes ₦1.24 trillion budget for 2027 Bayelsa State Governor Douye Diri has proposed a ₦1.24 trillion budget for 2027, focusing heavily on infrastructure, education, and healthcare. 6 sources. https://clstr.news/cluster/bayelsa-governor-proposes-124-trillion-budget-for-2027 ### 2026-10-19: Nigerian states present significant budget proposals Cross River state has proposed a ₦987.8 billion budget for 2027, while Edo state approved a ₦939.85 billion supplementary budget for 2026. 2 sources. https://clstr.news/cluster/nigerian-states-present-significant-budget-proposals --- Cite as: Nigerian state budget proposals. CLSTR, https://clstr.news/situations/nigerian-state-budget-proposals