by Tolulope Adeyemi
Rivers State Governor, Siminalayi Fubara, has signed into law, the 2024 Appropriation Bill of N800bn into law.
This is coming a day after he presented the budget estimates to the State House of Assembly led by Edison Ehie.
The signing ceremony was held on Thursday in the conference room of the Governor’s Office at the Government House.
The Clicknews reports that Fubara had during his presentation to the assembly said the N800 billion budget for the 2024 fiscal year was aimed at promoting economic development through inclusive growth and addressing socio-economic inequality in the state.
He added that 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.
Credit: The Punch Newspaper