HomeMagazinePoliticsRivers ₦1.48tn 2025 Budget Targets Fubara’s Return - Ibas To Reps

Rivers ₦1.48tn 2025 Budget Targets Fubara’s Return – Ibas To Reps

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The Sole Administrator of Rivers State, retired Vice Admiral Ibok-Ete Ibas (retd), has said the proposed N1.48 trillion 2025 budget envisages the return of suspended Governor Siminalayi Fubara and other political office folders.

Ibas disclosed this in Abuja on Wednesday while defending the budget before the House of Representatives Ad-Hoc Committee on Rivers State Oversight.

According to him, the proposed budget aligns with the strategic objectives of the River State Development Plan 2017-2027.

He also noted that the proposal presents a strategic and integrated framework designed to raise revenues and accelerate infrastructure development, enhance human capital, and promote inclusive economic growth across all sectors.

“In anticipation of the eventual return to constitutional order, the draft budget prudently retains provisions for the offices and functions of suspended political actors, some of whom have already drawn on allocated resources in the first quarter and are expected to resume their duties at the expiration of the emergency period,” the sole administrator said.

However, Ibas accused officials of the state government of failing to furnish his administration with adequate information to comprehensively capture all expenditures.

Recall that on March 18, President Bola Tinubu declared a state of emergency in Rivers and suspended Fubara and other officials for six months.

The Nigerian Senate, Wednesday passed the Rivers State 2025 budget for second reading.

The budget which stood at N1,480,662592,442 trillion was passed for second reading after it was read by the Senate Leader, Senator Michael Bamidele Opeyemi.

Opeyemi said the Senate has since assumed the powers of legislating for Rivers State having been under the State of Emergency.

In his contribution, Senator Solomon Adeola Olamilekan said, there was a need for the budget to be legislated immediately so that the people of Rivers could feel the presence of government.

 

The Eastern Updates

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