infrastructure takes lion share of ₦128bn

Despite the atmosphere of political chaos, Rivers State Executive Council has deliberated and approved an estimated budget of N800 billion for the 2024 fiscal year.

At the meeting, which was presided over by Governor Siminalayi Fubara on Monday at the Executive Chamber of Government House in Port Harcourt, the Council also approved that the budget be christened “Budget of Renewed Hope, Consolidation and Continuity.”

Addressing newsmen after the deliberation, the Rivers State Commissioner for Information and Communications, Warisenibo Johnson, said N412 billion was projected for capital expenditure. Recurrent expenditure is N361 billion.

He said: “We had the 5th council meeting of Rivers State. We deliberated on the Medium Term Expenditure Framework, which is usually a precursor to discussing the budget.

“An 83-page document was also presented. It has the budget estimate. The budget estimate for 2024 is N800 billion. And it is tagged: ‘Budget of Renewed Hope, Consolidation and Continuity’.”

The Information Commissioner went on to say that “essentially, the budget is focused on some key areas with infrastructure taking N128 billion of the budget. It is followed by education, health and security.”

On his part, the Secretary to the Rivers State Government (SSG), Dr. Tammy Danagogo, said the budget estimates that have been approved by the council are aimed at giving Rivers people a renewed hope that will guarantee the continual harvest of projects and human capital development.

His words: “We approved an estimated budget of N800,392,485,433.33kobo. We believe that by the time it gets to the state House of Assembly, the public will be made to see and understand all the projections and fundamentals.

“Basically, the essence of the budget is to give the people and residents of Rivers State the Renewed Hope. It is to ensure that there is a consolidation and continuity in what has been happening in terms of the harvest of projects we have been having in the state.

“Of course, other areas, particularly in human capital development, security, investment drive and ease of doing business.”

https://www.vanguardngr.com/2023/12/amidst-chaos-rivers-exco-approves-%e2%82%a6800bn-2024-budget-estimate/

Is this constitutional ?
I pray he doesn't get himself into trouble

four members approving budget.... Nigeria na cruise

It would still have to go to the house for approval... Hopefully it sail through without much drama ....

jkpbestseries:
four members approving budget.... Nigeria na cruise

where did you read 4 members approved budget? Lazy youth try read and understand before comment

Scein:
Is this constitutional ?
I pray he doesn't get himself into trouble

so executive to deliberate on budget before taking to house of assembly is not constitutional again? Lazy youth read and understand before you comment

Simi is a smart guy. The court has asked the two faction to maintain status quo and it then means none of them is recognized by law and as such the state exco can deliberate the budget and begin spending pending the determination of the matter

In Rivers state no body cares about the charade by Wike and his slaves called lawmakers

E dón happen. Wike should have allowed Fubara a year or two before forcing him to APC.

The Rivers State Legislative House is divided and in the absence of Legislative Autonomy, the Governor will chose to fund his allies until the court decides. As for now, the 2024 budget will be done and dusted within days.

MadamExcellency:
E dón happen. Wike should have allowed Fubara a year or two before forcing him to APC.

The Rivers State Legislative House is divided and in the absence of Legislative Autonomy, the Governor will chose to fund his allies until the court decides. As for now, the 2024 budget will be done and dusted within days.

Very smart move
Thats how you will know intelligent people
There cards are always in there chest

MadamExcellency:
E dón happen. Wike should have allowed Fubara a year or two before forcing him to APC.

The Rivers State Legislative House is divided and in the absence of Legislative Autonomy, the Governor will chose to fund his allies until the court decides. As for now, the 2024 budget will be done and dusted within days.

Wike really touched the Igbos where it really pained them. See you wey no from Rivers state, dey chuk mouth for wetin no concern you.

Which one pain you pass, the Obigbo IPOB drilling or The Peter Obi Tumbling?

jamesversion:



Wike really touched the Igbos where it really pained them. See you wey no from Rivers state, dey chuk mouth for wetin no concern you.

Which one pain you pass, the Obigbo IPOB drilling or The Peter Obi Tumbling?

Guy, Edo no be Lagos and Rivers no be Lagos. Keep your subservience to your brown roof region. Long ago, Anambra showed the way on how to fight and defeated godfathers and others are following except backwards monarchist from the wasteland.

Ogene001:

Guy, Edo no be Lagos and Rivers no be Lagos. Keep your subservience to your brown roof region. Long ago, Anambra showed the way on how to fight and defeated godfathers and others are following except backwards monarchist from the wasteland.

Ok, you are now from Rivers state?

Una go hail Fubara to him doom. The guy is just foolish to allow a certain tribe support him.

Eteka1:
Una go hail Fubara to him doom. The guy is just foolish to allow a certain tribe support him.

No body is hailing or supporting him as to bringing in tribalism here.

Fubara is smart and calm .

He is performing his duties to Rivers people

They are not supposed to have that type of power

I think constitutionally Fubara can spend to a certain degree even without legislative approval.

Unity in diversity.

Some people actually believe Nigeria can get better lol

I Thought They Said They Wouldn't Approve Anything From Sim?

Loool

Looting things.

Keep approving but suffer dey increase

Scein:
Is this constitutional ?
I pray he doesn't get himself into trouble

Was it constitutional for those that deflected without any issue in the party that brought them in. Pls be open minded. Fubara will fight to finish. Wike cannot be allowed to spread his legs wide across two parties thereby denying others the ability to aspire in those parties . Rivers state is not his birthright. Pls tell him.

Imagine

the budget be christened “Budget of Renewed Hope, Consolidation and Continuity.”

This Fubara sef likes trouble. See what he christened his budget in the middle of political gbosgbas. Smh.
Check my signature for free stuffs!

Failures including wike.. If wike could have hime as a successor, they both are in for the paper

Let continue with the fight.

Budget of renewed hope?

Budget of consolidation and continuity?

Ipob terrorists, can you see your life outside?

Just read between the lines please.

Scein:
Is this constitutional ?
I pray he doesn't get himself into trouble

is that the only point you picked from the write up?

Sim.is a man with huge balls.


Ambo.de should learn

From what many observers have said here , it has been noted that so many do not know how government runs ! Most people don't know the difference between the Executive and Legislature . Here only the Executive has scrutinised the Budget as it has not gotten to the Legislature , and so why mentioning four people to have looked over the budget ??