Rivers State Governor, Siminalayi Fubara, has officially signed the state’s 2025 budget, valued at a significant N1.1 trillion, into law.
The budget, aptly named the “Budget of Inclusive Growth and Development,” was presented to the State House of Assembly, led by Speaker Victor Oko-Jumbo, on December 30, 2024.
Governor Fubara took to his X account on Thursday to announce the milestone, expressing his gratitude to the lawmakers for their steadfast dedication to the state’s progress.
He highlighted that the new budget would encompass a broad range of sectors, including education, healthcare, and more, ensuring comprehensive development for Rivers State in the coming year.
“Today, I signed into law the 2025 Rivers State Appropriation Bill. Tagged ‘Budget of Inclusive Growth and Development,’ the bill is estimated at N1.1 trillion.
“I deeply appreciate the Rivers State House of Assembly for their diligence and my executives for their unwavering commitment to service.
“Together, we are setting the pace for a prosperous year ahead, focusing on education, healthcare , agriculture and infrastructure.
“Let me, on this note, thank everyone and once again wish you a happy and prosperous New Year ahead as we continue the journey of making Rivers State great again,” the tweet read.
On December 30, 2024, Fubara presented the budgetary estimate of N1.188tn for the 2025 fiscal year to the House for consideration and approval.
This figure is a surge from the 2024 budget of N800 billion that was presented in 2023 to the House.
Reacting to this, the opposition All Progressives Congress in the state accused the governor of perpetrating an illegality.
This follows a similar occurrence in 2024 when Fubara shunned the 27-member factional Assembly led by Martin Amaewhule –loyal to his predecessor and estranged godfather, Nyesom Wike.
