Latest News
Rivers State Executive Council Takes Strong Action On ‘Tinubu’s Renewed Hope’
Rivers State Executive Council Takes Strong Action On ‘Tinubu’s Renewed Hope’
The Rivers State Executive Council, presided over by Governor Siminalayi Fubara, has given approval to an estimated budget of N800 billion for the 2024 fiscal year. Named “Renewed Hope, Consolidation, and Continuity,” the budget allocates N412 billion to capital expenditure and N361 billion to recurrent expenditure.
The decision was made during a meeting held at the Executive Chamber of the Government House in Port Harcourt.
Read Also Defection Gathers Steam As Rivers APC ‘Toasts’ Wike Revealing Key Date
Johnson 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, which has the budget estimate. The budget estimate for 2024 is N800 billion and it is tagged: “Budget of Renewed Hope, Consolidation and Continuity.
“Essentially, the budget is focused on some key areas with infrastructure taking the lead with N128bn of the budget followed by Education, health and security.”
The Secretary to the Rivers State Government (SSG), Dr. Tammy Danagogo, highlighted that the budget estimate was designed to provide Rivers people with renewed hope, ensuring the implementation of projects and human capital development.
He said: “We approved an estimated budget of N800,392,485,433.33kobo, which we believe, 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 and 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 and of course other areas, particularly in human capital development, security, investment drive and ease of doing business.”
Stay Updated With More News By Joining Our WhatsApp Group With The Link Below
-
Latest News2 days agoBREAKING: Tinubu Appoints New NIPC, NEPZA Board Chairpersons
-
Politics3 days agoSeyi Makinde Makes Big 2027 Move, Names Running Mate
-
Latest News6 days agoZulum Speaks On Gubio’s Running Mate Choice
-
Latest News7 days agoNew Appointment Announced For Former VP Osinbajo
-
Latest News1 week agoTinubu Unveils Fresh Appointments For Gbajabiamila, AGF, Others
-
Politics1 week agoKey Details Emerge From Meeting Of 18 APC First-Term Governors
-
Latest News5 days agoBREAKING: 8 Kidnappers Arrested, Others Eliminated As Oyo Pupils, Teachers Rescued
-
Politics1 week ago2027: APC Set To Upload Tinubu, Running Mate This Week
-
Politics5 days agoBREAKING: APC Unveils Tinubu’s 2027 Running Mate
-
Entertainment2 days agoWe Tried” — Diamond Platnumz’s Wife Announces End Of Marriage
-
Latest News1 week agoFemale Journalist Reportedly Taken Into DSS Custody
-
Latest News2 weeks agoGanduje Speaks Out On Rumours Of Dumping APC For NDC