Rivers State Governor, Sir Siminalayi Fubara, has presented One point 0ne-eight-eight trillion Naira as budgetary estimate for the year 2025 to the State House of Assembly for consideration and approval.
The figure is an increase from the 2024 budget of N800 billion that was presented in 2023 to the Assembly.
Governor Fubara presented the 2025 Appropriation Bill shortly after delivering his address to lawmakers at the Assembly Auditorium, Administrative Block of Government House in Port Harcourt on Monday.
He said the 2025 budget christened: “Budget of Inclusive Growth and Development”, will be implemented to achieve sustainable economic growth, accelerate the development of the State, while improving the living standards of all residents in the State.
Governor Fubara explained that with the set out objectives, the 2025 budget will strengthen the capacity of the State to weather possible external shocks from the volatility of the national economy while building a resilient economy that will advance the collective development and prosperity of the people.
He explained that 31 billion naira has been allocated to support interventions in agricultural development to ease the implementation of a comprehensive agriculture transformation and support programme for Rivers youths in order to significantly resolve issues of youth unemployment and poverty.
www.itvradiong.com/live
www.youtube.com/itvradiong
www.facebook.com/itvradiong
www.twitter.com/itvradiong
www.instagram.com/itvradiong
www.tiktok.com/@itvradiong
