JUST IN: Fubara signs 2024 appropriation bill into law
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.
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The signing ceremony was held on Thursday in the conference room of the Governor’s Office at the Government House.
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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.