
Eno’s administration receives ₦2.934 trillion in 38 months, but withholds capital spending records
In its media enquiry, PREMIUM TIMES asked the commissioner to explain why the published audited financial statements for 2023, 2024, and 2025 do not contain detailed capital expenditure schedules, why the state’s 2025 budget performance reports and the first and second quarter 2026 budget performance reports no longer disclose capital expenditure, and what other implementation details that were previously published are now missing.
Missing capital expenditure records Although the Akwa Ibom government frequently highlights completed projects and ongoing infrastructure development, the state’s published financial records since the first quarter of 2025 no longer provide detailed information on capital expenditure.
The government is yet to explain the omissions Seeking clarification, PREMIUM TIMES contacted the Akwa Ibom Commissioner for Finance, Emem Bob, about why detailed capital expenditure was omitted from both the state’s audited financial statements and budget performance reports.
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