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Fubara Presents N1.188tn 2025 Budget To Rivers Assembly

Published

5 months ago

December 30, 2024

The Rivers State Governor, Siminalayi Fubara, has presented N1.188 trillion as a budgetary estimate for the 2025 fiscal year to the State House of Assembly for consideration and approval.

This figure is an increase from the 2024 budget of N800 billion that was presented in 2023 to the Assembly.

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 and accelerate the development of the state while improving the living standards of all residents.

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 said, “The total projected revenue for Rivers State for the 2025 fiscal year is N1,188,962,739,932.36.

“Two components of the budget are constituted as follows: Recurrent Expenditure of N462,254,153,418.98; Capital Expenditure of N678,088,433,692.03; Planning Reserve of N35,688,864,931.16; and a closing balance of N12,931,287,890.1935.

“This gives a Recurrent/Capital Expenditure ratio of 44:56%, indicating the sincere commitment of our administration to both infrastructural and human capital development of our people and state.”

The governor said nearly N31 billion 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.

He emphasised that the commitment is also to address food insecurity in Rivers State, and provide land preparation, farm inputs, and extension services, including training, tractors, and access to improved seedlings and fertilisers to farmers to enhance their productivity and farm yields.

In education, Governor Fubara assured that his administration will continue to provide access to quality education at all levels, enabling Rivers children to have the knowledge and skills they need to excel in their careers and contribute to the development of the state.

The governor said, “Consequently, we have proposed to spend over N63 billion, representing 9.3% of the budget on education in fiscal year 2025.

“With this, we shall access all outstanding matching grants from the Universal Basic Education Commission to rehabilitate, equip and furnish dilapidated public primary and junior secondary schools, and continue to provide free basic education to our children.

“We will also rehabilitate, equip and furnish as many senior secondary schools as possible across the State, including the provision of new classrooms, perimeter fencing, water and electricity, to provide a conducive environment for effective teaching and learning to take place.

“We shall work with the school-based management boards, administrators, parents and teachers to fix our broken school system, improve enrollments, keep learners in school, promote effective teaching, and improve learning outcomes.”

Fubara said with the proposed N97.750 billion for the health sector, representing 14.4% of the budget, all zonal hospitals, the upgraded neuropsychiatric hospital, and the new general hospital at Rumuigbo under reconstruction will be completed to provide quality and affordable healthcare services to the people of the State.

He also assured of rehabilitating more general hospitals and health centres across the state, ensuring the procurement of essential drugs, medical supplies and equipment for effective and efficient healthcare delivery, while also providing more infrastructure to strengthen the capacity of the Rivers State University Teaching Hospital for quality, effective, and efficient tertiary healthcare services.

On Road and Transport Infrastructure, Governor Fubara said over N195 billion has been earmarked to complete all ongoing road projects and initiate new ones, support and facilitate the modernisation of the public transport system through necessary incentives to improve the quality of public transportation services in the State.

Fubara assured that all ongoing electrification projects, including delivering transformers and replacing the generator-powered streetlights with solar energy-powered streetlights across Port Harcourt and Obio/Akpor Local Government Areas, will be concluded and restated the determination to ensure the passage of the Rivers State Electricity Market Bill to regulate and open the State’s energy sector for private sector investments in order to achieve energy security and accelerate the industrialization of Rivers State.

He said, “In Social Development and Investments, Mr Speaker, we have proposed to spend N15.4 billion for the social development subsector of our economy to advance youth and gender empowerment, jobs and wealth creation, sports development, and social inclusion.

“We will collaborate with Local Government Councils to establish youth resource and digital transformation centres to enable access to digital tools, Internet services and training programmes for our youths to become economically successful and sufficiently self-reliant.

“We will also continue to support and strengthen the capacity of state-owned sporting teams, especially Rivers United, Rivers Angels, and the Hoopers, to enable them to excel and win more laurels in both national, regional and international contests.”

Fubara, who said the 2025 will be funded from FAAC, Internally Generated Revenue, Statutory Allocations, Mineral Funds, Valued Added Tax, Refunds/Escrow/ECA and others, explained that the 2014 budget performed excellently with the IGR figure hitting N100billion increase over the 2023 figure.

In his speech, the Speaker of Rivers State House of Assembly, Victor Oko-Jumbo, applauded Fubara for recording over N100 billion increase in IGR, which he said shows a high level of transparency and accountability in governance, with the plugging of financial leakage, adding that it is also a testament to how attractive Rivers investment climate has become.

Oko-Jumbo pledged the continual support of the Legislature to the executive to ensure that the governor remains focused, sustains financial prudence, delivers democratic dividends, and to make life better for the people.

Related Topics:Fubara Rivers Rivers budget

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FULL LIST: Lagos PDP Spokesman, Others Join APC

Published

1 hour ago

June 9, 2025

Editor

The Lagos State Peoples Democratic Party’s spokesman, Hakeem Amode, has dumped his party for the ruling All Progressives Congress.

Amode, along with other PDP chieftains announced their defection at a news conference on Monday in Ikeja, Lagos.

He disclosed that he and other defectors were motivated and inspired by the visionary leadership of the 2023 PDP governorship candidate, Abdul-Azeez Adediran, who had earlier moved to the APC.

“It is with great honour and a profound sense of responsibility that we stand before you today to announce a pivotal decision; one that marks a significant turning point not just for us as individuals, but for many committed political stakeholders who have journeyed with us over the years.

“Today, we have decided to collapse the entire PDP structure in Lagos State, from ward to the state level , to allign with His Excellency Jandor to decamp en masse to the APC.

“The PDP, both at the national and state levels, has lost its way.

“The party has deviated from the founding ideals that once made it the largest and most respected political platform in Africa.

“Today, its future is riddled with tension and uncertainty.

“The PDP is in a coma and may not survive unless urgent measures are taken,” Amode said.

According to him, the tenure of the defectors within the PDP had been lengthy and eventful, characterised by both achievements and setbacks.

He said that majority of the defectors had the privilege of serving the PDP in various capacities, worked for change and did their best for their former party

He said, “However, after thorough introspection and extensive consultation, we believe it is time to chart a new course.

“This decision has not been made lightly.

“It reflects our commitment to taking control of our political destinies in order to better serve our people and the loyal supporters who continue to stand by us.”

Amode said that the PDP in Lagos, under the leadership of Philip Aivoji, had been fractured and disunited.

“Poor leadership and a lack of cohesion have cost us dearly

“Today, we, alongside several former PDP candidates at various levels, national, local government executives, ward leaders, and key stakeholders across Lagos, formally resign from the PDP and align ourselves with the APC.

“We have submitted our letters of resignation to our respective ward chairmen, local government chairmen, and the state leadership of the PDP,” he said.

“Today, we have decided to collapse the entire PDP structure in Lagos State, from ward to the state level , to allign with His Excellency Jandor to decamp en masse to the APC.

“The PDP, both at the national and state levels, has lost its way.

“The party has deviated from the founding ideals that once made it the largest and most respected political platform in Africa.

“Today, its future is riddled with tension and uncertainty.

“The PDP is in a coma and may not survive unless urgent measures are taken,” Amode said.

According to him, the tenure of the defectors within the PDP had been lengthy and eventful, characterised by both achievements and setbacks.

He said that majority of the defectors had the privilege of serving the PDP in various capacities, worked for change and did their best for their former party

He said, “However, after thorough introspection and extensive consultation, we believe it is time to chart a new course.

“This decision has not been made lightly.

“It reflects our commitment to taking control of our political destinies in order to better serve our people and the loyal supporters who continue to stand by us.”

Amode said that the PDP in Lagos, under the leadership of Philip Aivoji, had been fractured and disunited.

“Poor leadership and a lack of cohesion have cost us dearly.

“We have submitted our letters of resignation to our respective ward chairmen, local government chairmen, and the state leadership of the PDP,” he said.

Amode, who noted that the decision to leave the PDP was not driven by personal ambition, clarified that defecting to the APC was to serve the society better.

“We are determined to work with our new partners in the APC to deliver the true dividends of democracy to every corner of our great state.”

Safurat Abdulkareem, a two-time State PDP deputy governorship candidate, said that the defectors were determined to follow the progressives to make the state better.

Also speaking, a former state PDP Deputy Chairman, Chief Ola Apena, said the PDP had no relevance in the state anymore.

“The PDP is dead. There is no more PDP.

“The party is in complete limbo and we don’t know whether it will be up,” he said.

Speaking on behalf of 2023 PDP state House of Assembly candidates, Mr Ibrahim Balogun, who flew the party’s flag in Kosofe, said he wasted time by staying in the PDP for 18 years.

“We will work for Tinubu in 2027. We are going en masse into the APC.

“Jandor is a visionary leader to follow because he is a man of the people,” Balogun said.

Jandor, who congratulated the defectors, said, ” We have successfully collapsed the entire structure of the PDP into the APC now.

“There is no point in belonging to a political party that has no determination and purpose of winning elections. The PDP is a social club, not interested in winning.

“Lagos State PDP leadership is ensuring that the party does not win and the party had been doing this for over two decades now, wasting people’s destiny.

“I congratulate these PDP leaders for joining me in the APC.

“The PDP is a sinking ship. In Nigeria of today, there is no other viable platform apart from the APC,” Adediran said.

Other PDP leaders, who dumped the party for the APC included Prince Rufus Adeniyi, a former PDP Assistant State Organising Secretary (Lagos West) and Mr Jerry Afemikhe (Olori Odo), a former PDP House of Representatives Candidate in Surulere Constituency I.

Some 2023 PDP Lagos State House of Assembly candidates who dumped the party included Messrs Keshinro Abiodun (Epe 1);Akeem Jinadu, (Eti-Osa 1); Ibrahim Balogun (Kosofe 2).

Messrs Taofeek Obanikoro (Lagos Island 1); Tunde Pratt (Lagos Mainland 2); Saheed Aregbesola (Oshodi-Isolo State 2), Sulaimon Thompson (Surulere 1)and Taofeek Kuye ( Ajeromi-Ifelodun State 1) also dumped PDP for APC.

Mr Adeyemi Kazeem:former PDP Chairman, Ojo Local Government;Pastor Gbenga Ogunleye,media aide to the 2023 Lagos PDP Governorship Candidate were also among those who defected.
(PUNCH)

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Ndume Insists Tinubu’s Govt Has Been Hijacked By ‘Kleptocrats’

Published

1 hour ago

June 9, 2025

Editor

Senator Ali Ndume, the lawmaker representing Borno South, has accused President Bola Tinubu’s government of being hijacked by “kleptocrats” and “kakistocrats.”

Ndume said those surrounding President Tinubu are doing more harm than good.

Speaking on Channels Television’s Politics Today on Sunday, Ndume alleged that key figures in Tinubu’s administration are driven by self-interest.

“I see people lying and telling the President what he wants to hear.

“My position is that the people who are supposed to help him are the ones deceiving him or damaging his image,” he said.

According to him, rather than acting as a support system, the President’s aides — whom he described as unrealistic people — have effectively “kidnapped” the presidency.

Ndume said, “They are unrealistic people. I said it before and I’m not changing my position until they change or the President does something. I still believe the government is more or less dominated by kleptocrats and even kakistocrats.”

Asked to explain the terms he used to describe Tinubu’s aides, Ndume said, “Kakistocrats are people holding positions they are not supposed to be in, while kleptocrats are those in politics for personal gain, not public service.”

He added that the Tinubu administration appears oblivious to Nigerian’s plight, saying there’s a disconnect between the presidency and the hardship Nigerians are facing.

“The President cannot go out to the streets like myself and know how the people feel. Even outside the villa, they would drive him in tinted glass so he doesn’t even see what is going on.

“People are not happy, and the President himself is not pretending. He acknowledges there is hardship and has asked Nigerians to be patient.”

Ndume has been critical of President Tinubu’s government lately.

In April, Ndume faulted Tinubu’s appointment, saying it does not comply with the federal character principle.

He said that each time he spoke about Tinubu’s government, “so-called Tinubu boys” always came for him.

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Why 91-yr-old Awujale Was Absent From 2025 Ojude Oba – Ogun Govt

Published

1 hour ago

June 9, 2025

Editor

A former Commissioner for Information in Ogun State and Coordinator for the 2025 Ojude Oba festival, Dr. Fassy Yusuff, on Monday cleared the air on the reason for the absence of the Awujale and Paramount ruler of Ijebu land, Oba Sikiru Kayode Adetona could not attend the 2025 annual festival held on Sunday at Ijebu Ode.

According to Dr. Yusuff, the 91-year-old monarch was recuperating at home after being discharged from a Lagos hospital last week Thursday.

Dr Yusuff disclosed this while reacting to reason for the absence of the royal father at the annual festival.

Thousands of guests and tourists who thronged the Awujale pavilion for the yearly glamorous festival were bewildered to notice the conspicuous absence of the highly revered 91-year old traditional ruler who is the symbol of the global festival.

The highly revered traditional ruler who for decades usually sits in his majesty to receive the homage from the thousands of guests, tourists and people from the Ijebu land during the annual festival was however absent from the festival held on Sunday.

He was represented by his wife, Olori Kemi Adetona.

Dr Yusuff while clearing the air over whatever rumor the absence of the foremost traditional ruler might have generated said that there was nothing to be worried about as the royal father was only recuperating after being discharged from the hospital last week Thursday.

In a text message, the Ogun state former Commissioner for Information said, “Awujale was hospitalised in Lagos two weeks ago, but was discharged on Thursday”.

“He is now recuperating at home. A normal situation. Nothing to worry about”.