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Fubara signs Rivers’ N1.1 trillion budget

by Achojah Aruegodore
January 2, 2025
in Politics
0
Fubara appeals court ruling stopping FAAC allocations to Rivers

Siminalayi Fubara, Governor of Rivers State

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Rivers State Governor, Siminalayi Fubara, has assented to the state’s N1.188 trillion Appropriation Bill for the 2025 fiscal year.

Fubara’s spokesperson, Nelson Chukwudi, stated this showing videos of the signing ceremony on Facebook on Thursday.

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He signed the budget within two working days after he submitted it to the three-member Rivers Assembly loyal to him.

The Victor Oko-Jumbo led faction of the assembly on Monday received the budget estimate.

This is a replica of last year’s budget presentation, where Governor Fubara presented the N800 billion 2024 budget before a four-member assembly which he signed t within 24 hours.

The validity of the Rivers 2024 budget is being challenged in court by a majority of the state lawmakers, shut out of the assembly because of the protracted political battle between the governor and his predecessor, Nyesom Wike. The Supreme Court is being awaited to give its ruling on the matter.

The Appeal Court had invalidated the 2024 budget, a verdict, which Fubara appealed to the Supreme Court.

It is not clear if the pro-Wike lawmakers will also challenge the 2025 budget.

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