The Rivers State Governor, Siminalayi Fubara, has on Thursday 14th December 2023, signed into law, the 2024 Appropriation Bill of N800bn.
The governor is signing this a day after he presented the budget estimates to four lawmakers of the Rivers State House of Assembly led by Edison Ehie.
Held in the conference room of the Governor’s Office at the Government House, the bill of N800, 392,485,433.01 billion has a Recurrent Expenditure of 361,598,242,570.85 and a Capital Expenditure of 410,266,485,090.64.
It was gathered that Fubara had during his presentation to the assembly said the N800 billion budget for the 2024 fiscal year would be channeled towards the promotion of economic development through inclusive growth and addressing socio-economic inequality in Rivers state.
