Advertisements
Advertisements
Advertisements
Home News Gov Wike signs revised Appropriation Bill into law

Related Posts

The Origin of Okrika clothes in Nigeria

Okrika, second-hand, used clothes, bend-down-select, these are some of the names used to refer to imported clothing that is not new. The opposite would...

Late Mama Edah Daunimighan for final burial in Gbaramatu 

By Our Correspondent  Late Mama Edah Buobenghan Daunimighan, who died nine years ago, will be finally laid to rest today, Friday, January 22, 2021. According to...

Chevron debunks oil spill from Bayelsa facility

By Ebi Perekeme  Chevron Nigeria Limited (CNL), operator of the joint venture between the Nigerian National Petroleum Corporation (NNPC) and CNL (the NNPC/CNL JV), has...

Wike donates N500m to Sokoto Government to rebuild razed market, traders

By Our Correspondent Governor Nyesom Wike of Rivers state, on Wednesday donated N500 million to support the Sokoto State Government in rebuilding the Sokoto Central...

IYC sends strong warning to FG over fresh wave of Niger Delta militancy

By Enaibo Asiayei  The Ijaw Youths Council Worldwide has warned that a second wave of militancy is looming in the Niger Delta region if the...

Featured Artist

Gov Wike signs revised Appropriation Bill into law

By Ebi Perekeme

Governor Nyesom Wike of Rivers State has signed into law the revised 2020 Appropriation Bill. This followed the presentation of the budget by the Majority Leader of the state House of Assembly, Hon. Martin Amaewhule, to him at the government House, Port Harcourt.

Total figure of the revised budget for 2020 fiscal year signed by the governor is N300, 370,071,183.33.

It is a 48 percent reduction from the N530, 813,357,619.00 originally budgeted for spending.

Governor Wike said the unfortunate effect of the COVID-19 pandemic, partic­ularly in Nigeria, necessitat­ed the downward review of the budget.

The implication of the re­view of the budget, accord­ing to him, was that budget­ary allocations including capital and recurrent expen­diture had been reduced.

However, this, he said, would not affect the deliv­ery of quality developmen­tal projects and services to Rivers people.

“It is most unfortunate that everybody is living a different life now because of the pandemic, which calls for us to face the economic reality.

“The COVID-19 has affect­ed economic activities and revenues of government, and so it became necessary to review our budget.

Latest Posts

The Origin of Okrika clothes in Nigeria

Okrika, second-hand, used clothes, bend-down-select, these are some of the names used to refer to imported clothing that is not new. The opposite would...

Late Mama Edah Daunimighan for final burial in Gbaramatu 

By Our Correspondent  Late Mama Edah Buobenghan Daunimighan, who died nine years ago, will be finally laid to rest today, Friday, January 22, 2021. According to...

Chevron debunks oil spill from Bayelsa facility

By Ebi Perekeme  Chevron Nigeria Limited (CNL), operator of the joint venture between the Nigerian National Petroleum Corporation (NNPC) and CNL (the NNPC/CNL JV), has...