Fubara Signs N800bn Budget into Law, 24 Hours After Presentation
POLITICS DIGEST – Governor Siminalayi Fubara of Rivers State has officially signed the 2024 Appropriation Bill into law, totalling N800 billion.
Recall that POLITICS DIGEST reported yesterday, that the governor who is in the eyes of the storm, following the threat of impeachment by 27 lawmakers, loyal to his predecessor, and Minister for FCT, Nyesom Wike presented the N800 billion annual budget to a five-member House of Assembly led by speaker Edison Ehie.
He penned his signature to the budget on Thursday, December 14, 2023.
The bill, titled ‘Budget of Renewed Hope, Consolidation, and Continuity,’ was signed by Governor Fubara at the Government House in Port Harcourt.
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The signing ceremony took place in the Governor’s Office conference room and was witnessed by several dignitaries, including Deputy Governor Prof Ngozi Odu, members of the State Executive Council, former and current lawmakers supporting the Governor, and various Peoples Democratic Party (PDP) chairmen from Local Government Areas.
During the signing, Governor Fubara emphasized his administration’s commitment to implementing the N800 billion budget, with a major focus on infrastructure development. He highlighted the necessity of addressing socio-economic needs by investing in vital projects like the second phase of the Trans-Kalabari road.
The backdrop to the budget signing remains contentious due to the presentation of the bill before a limited number of lawmakers the previous day. The initial presentation occurred before just five lawmakers led by Speaker Edison Ehie, following the controversial demolition of the Assembly complex.
Moreover, Speaker Ehie’s faction declared vacant the seats of 27 members who had defected from the Peoples Democratic Party (PDP) to the All Progressives Congress (APC). This development has contributed to an ongoing Speakership tussle between Ehie and Martins Amaewhule, currently being adjudicated in court.
