Rivers State Governor Siminalayi Fubara has signed the state’s N200 billion supplementary budget which was passed by the House of Assembly on Thursday into law.
The budget tagged Rivers State Supplementary Appropriation Law No. 4 of 2023 was presented to the governor by leader of the State House of Assembly, Hon. Eddison Ehie.
Speaking after assenting to the bill at Government House, Port Harcourt, he said with the development, his administration was poised to begin construction work on the proposed Port Harcourt Ring Road project that would connect communities across several local government areas.
He restated his resolve to actualise projects and ideas bequeathed to him by the previous administration, which would improve lives of Rivers people.
Fubara said: “Let me on behalf of the executive arm of government commend you for your prompt response to the supplementary budget. We are a product of consolidation and continuity, we will implement every good idea by the previous administration geared towards improving the lives of Rivers people.”
The governor noted that as a government run by seasoned administrators, they would advance the fortune of the state with the high standard set above personal comfort, which other arms of government must key into, so that together they would prove critics wrong while delivering services and projects that would better Rivers State and its people.
Fubara, who announced that he would soon sign the contract papers and eventually flag-off the Port Harcourt Ring Road as a legacy project, assured that his administration would continue to do the right thing within the new Rivers vision.
In presenting the law, leader of the House, Ehie explained that the principal law; 2023 Budget, was altered by injecting a subhead that is dedicated to addressing a multifaceted Port Harcourt Ring Road project that would unveil the socio-economic potential of the state and put it on a competitive status in Africa.
In his remarks, speaker of the House, Rt. Hon. Martin Amaewhule, said lawmakers had watched with admiration the impressive performance of the administration of SiminalayiFubara and assured that the legislature would continue to offer requisite support to achieve success.
With the addition of N200bn to the initial N504bn budget, the total Rivers State budget for the 2023 fiscal year is now N704bn, second to Lagos State.
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