His Excellency, Governor Siminalayi Fubara on Monday at the Executive Chamber of Government House in Port Harcourt, presided over the council meeting to deliberate among other issues, the 2024 Appropriation Bill christened, “Budget of Renewed Hope, Consolidation and Continuity”.
The State Executive Council deliberated and approved an estimated budget of N800bn for the government to spend in the 2024 fiscal year. The 5th State Executive Council meeting also deliberated on the Medium Term Expenditure Framework, which is usually a precursor to discussing the budget.
Addressing newsmen after the meeting, the Rivers State Commissioner for Information and Communications, Warisenibo Joseph Johnson, said N412bn was projected for capital expenditure, while recurrent expenditure has N361bn and N21b as reserve.
On his part, the Secretary to the Rivers State Government (SSG), Dr. Tammy Danagogo, said the budget estimate that has been approved by the council is aimed at giving Rivers people a renewed hope that will guarantee the continual harvest of projects and human capital development.
Dangote Petroleum Refinery & Petrochemicals has announced another reduction in the ex-depot price of Premium…
Zamfara State Government under the leadership of Governor Dauda Lawal has earmarked N7.2 billion for…
BY OLADAPO SOFOWORA In the relentless theatre of Lagos' environmental space, the stakes are measured…
The Executive Chairman of the Oyo State Universal Basic Education Board (OYOSUBEB), Dr. Nureni Aderemi…
The Executive Chairman of Ikeja Local Government, Comrade Akeem Olalekan Dauda (AKOD), on Wednesday joined…
Golden Eaglets stars, Raheem Moyinoluwa Salaudeen and Fawas Ayomide Adeleke, are set to resume preparations…
View Comments
Nice article was really informative feel free to check out our post here for more insightful updates.