Wike assents to 2017 Budget, pledges accelerated development


Rivers State Governor, Nyesom Ezenwo Wike  has given his assent to the 2017 Appropriation Law passed by the Rivers State  House of Assembly, with a pledge  to  accelerate  the  development of the State.

The Rivers State Government budgeted N470billion for the 2017 Fiscal year.
 The 2017 budget is christened “the Golden Jubilee budget for accelerated development.”

Giving his assent to the 2017 budget, Governor Wike  commended the Rivers State House of Assembly  for always placing the interest of  the people above other considerations.

He said: “You passed the budget  on time so that the State Government  will  continue to deliver  dividends of democracy  to  the  good people of Rivers State.

“I sincerely  thank the state lawmakers  for  supporting  the Executive Arm to provide basic infrastructure to the people  of the state”.

He noted that his administration  will  ensure the diligent implementation of the 2017 budget in line with the tenets of the New Rivers Vision.

He said that funds meant for other arms of government will released as scheduled.

He said: “The Executive Arm of government  will continue  to  cooperate  with  other arms of the state government  to develop  the state “

The governor  assured the state lawmakers  that his administration  will  remain  focused , despite  the undemocratic  actions against  the  Rivers people.

Responding, Speaker of the Rivers State House of Assembly, Rt Hon Ikuinyi-Owaji Ibani lauded Governor Wike  for  providing the right leadership for the state.

He said that the 2017 budget will intensify the transformation  of  the state.

He said: “This government means  well for the people of Rivers State.  We will  continue  to give the governor  the required  support  for  the development of the State “.

The signing of the budget into law was witnessed  by the State Deputy Governor, Dr Ipalibo Harry Banigo, the Former Acting National Chairman of PDP, Prince Uche Secondus, Rivers PDP Chairman, Bro Felix Obuah, State Lawmakers  and Commissioners.

A breakdown of the 2017 budget indicates that the total projected capital expenditure is N329 billion (three hundred and twenty-nine billion naira) representing 70percent, while N141, 000,000,000.00 (one hundred and forty-one billion naira) is proposed for recurrent expenditure.


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