By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Daily Report NigeriaDaily Report NigeriaDaily Report Nigeria
Notification Show More
Font ResizerAa
  • HOME
  • NEWS
  • POLITICS
  • METRO
  • ENTERTAINMENT
  • SPORTS
  • FACT FILE
  • SPECIAL REPORT
Reading: Senate Confirms Fubara Authored 85% of Rivers’ N1.48trn Budget Before Political Crisis
Share
Font ResizerAa
Daily Report NigeriaDaily Report Nigeria
  • METRO
  • NEWS
  • POLITICS
  • SPECIAL REPORT
  • FACT FILE
Search
  • HOME
  • NEWS
  • POLITICS
  • METRO
  • ENTERTAINMENT
  • SPORTS
  • FACT FILE
  • SPECIAL REPORT
Have an existing account? Sign In
Follow US

Home | Senate Confirms Fubara Authored 85% of Rivers’ N1.48trn Budget Before Political Crisis

Politics

Senate Confirms Fubara Authored 85% of Rivers’ N1.48trn Budget Before Political Crisis

Olaitan Sodiq
Olaitan Sodiq
Published: June 20, 2025
Last updated: June 20, 2025
2 Min Read
Share
Kebbi House of Assembly Impeaches Speaker, | Daily report Nigeria
SHARE

Senate reveals most of 2025 Rivers budget was drafted under suspended Governor Fubara

Only 15% of current budget was altered or added by Sole Administrator Vice Admiral Ibas

N50bn supplementary budget proposed to clear pension debts and stabilise governance

The Senate has revealed that suspended Rivers State Governor, Siminalayi Fubara, authored approximately 85 per cent of the state’s ₦1.48 trillion 2025 budget, before the declaration of emergency governance in the state.

Chairman of the Senate Ad-Hoc Committee on Emergency Governance in Rivers, Senator Opeyemi Bamidele, made this known on Thursday during a budget defence session with the Sole Administrator, Vice Admiral Ibok-Ete Ibas (retd.), and top state officials at the National Assembly.

Bamidele said the committee had extensively reviewed the budget over the last three weeks, and engaged with key officials including the Accountant General, Permanent Secretary of Finance, Budget Director, and Planning Director — all of whom remained in office after the emergency declaration.

ATTENTION: Click “HERE” to join our WhatsApp group and receive News updates directly on your WhatsApp!

According to him, 85 per cent of the budget was developed under the Fubara administration, while only 15 per cent was added by the current sole administrator to accommodate new initiatives.

READ ALSO: Senate Grills NNPC Over ₦210 Trillion Financial Discrepancy

The committee further disclosed that the administrator has proposed a ₦50 billion supplementary budget to address backlogs in pensions and gratuities for retired civil servants in the state.

Bamidele described the move as a critical step in stabilising the state, stressing that governance goes beyond roads and infrastructure to include the welfare of citizens and retirees.

He stated that over 70 per cent of the ₦1.48 trillion budget is dedicated to capital projects, which the Senate praised as a model for other states to follow.

The Senate Ad-Hoc Committee also promised to intensify oversight of the 2025 budget implementation under the emergency rule in Rivers State.

 

 

 

For publication of Press Releases, Statements, and Advert Inquiries, send an email to info@dailyreport.ng
TAGGED:Fubara Rivers BudgetN50bn supplementary budgetRivers State 2025 Budget
Share This Article
Facebook Whatsapp Whatsapp Telegram Email Copy Link
Leave a Comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Latest Updates

Las excelentes Casinos Online con recursos conveniente en 2025
News
Togo Cleared As Reps Probe Benin Republic Over Fake Degrees July 10 | Daily Report Nigeria
Togo Cleared As Reps Probe Benin Republic Over Fake Degrees July 10
Politics
Atiku, El-Rufai, Amaechi Float New Party, Seek INEC Approval | Daily Report Nigeria
Atiku, El-Rufai, Amaechi Float New Party, Seek INEC Approval
Politics
Guinness World Record Set After Argentine Drinks at 152 Bars in 24 Hours | Daily Report Nigeria
Guinness World Record Set After Argentine Drinks at 152 Bars in 24 Hours
Entertainment
Liverpool Transfer News : £40m Deal for Milos Kerkez Confirmed | Daily Report Nigeria
Liverpool Transfer News : £40m Deal for Milos Kerkez Confirmed
Sports

TOPIC

2023 Elections Abuja Accident AFCON Anambra APC Arrest ASUU ASUU Strike Atiku Abubakar Bandits Bayelsa BBNaija Biafra Boko Haram Bola Ahmed Tinubu Bola Tinubu Breaking News Breaking News Nigeria Burna Boy Burutu CBN Celebrity news Chelsea Coronavirus court covid-19 Crime Daily Report Ng Daily Report Nigeria Daily Sports News Davido Delta Delta state DSS Education EFCC Elections English Premier League EPL Family federal government FG FIFA World Cup Football Fraud Godwin Emefiele Goodluck Jonathan Governor Nyesom Wike Gunmen Health Ifeanyi Okowa Imo INEC Insecurity IPOB IYC JAMB Kaduna Kidnap Labour Party Lagos Lagos State Manchester United Marriage Muhammadu buhari Music NASS NDDC NDLEA Niger Delta Nigeria NLC Nnamdi Kanu NNPC Nollywood Nyesom Wike Olusegun Obasanjo Pastor PDP Peter Obi Police Politicians President Bola Ahmed Tinubu President Muhammadu buhari Professor Yemi Osinbajo Protest Rape Reno Omokri Rivers State Senate Sheriff Oborevwori Social Media Suicide Super Eagles Tinubu Top Stories Twitter Victor Osimhen Zamfara

You Might Also Like

BREAKING: Peter Obi Pulls Out of Presidential Race, Dumps PDP | Daily Report Nigeria
Politics

BREAKING: Peter Obi Pulls Out of Presidential Race, Dumps PDP

June 15, 2025
APC, PDP Members in Imo North Collapse Structures for Peter Obi | Daily Report Nigeria
Politics

APC, PDP Members in Imo North Collapse Structures for Peter Obi

June 14, 2025
Law Maker, Faleke Withdraws From Kogi Guber Race | Daily Report Nigeria
Politics

Law Maker, Faleke Withdraws From Kogi Guber Race

June 14, 2025
2023: Kenneth Okonkwo Emerges Peter Obi's Campaign Council Spokesman | Daily Report Nigeria
Politics

2023: Kenneth Okonkwo Emerges Peter Obi’s Campaign Council Spokesman

June 15, 2025
© Daily Media N Publishing LTD. All Rights Reserved.
  • Home
  • About Us
  • Adverts With Us
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?