Rivers State Governor, Siminalayi Fubara has presented the 2024 Budget of N800 Billion to just five Lawmakers of the Rivers State House of Assembly.
The five Lawmakers who are loyalists of Governor Fubara were present at the 2024 Appropriation Bill Presentation held at the Government House, Port Harcourt, the State Capital.
This was few hours after the demolition exercise of the Assembly Complex started.
Fubara said the N800 billion budget for the 2024 fiscal year was aimed at promoting economic development through inclusive growth and woul address the socio-economic inequality in the State.
The Governor said the N800, 392,485,433.01 billion constitutes a Recurrent Expenditure of 361,598,242,570.85 and a Capital Expenditure of 410,266,485,090.64.
he 27-Lawmakers who are loyalists to Minister of Federal Capital Territory, FCT, Nyesom Wike, and who defected from the Peoples Democratic Party, PDP, to the All Progressives Congress, APC, were not part of the Budget Presentation. The Speaker, Edison Ehie, has declared their seats vacant.