Rivers administration increases 2025 budget by N365bn, defends adjustment before Senate committee

Rivers administration increases 2025 budget by N365bn, defends adjustment before Senate committee

The administrator said the increment was necessitated by significant spending commitments in the first quarter of 2025 before the declaration of the emergency rule. The post Rivers administration increases 2025 budget by N365bn, defends adjustment before Senate committee appeared first on Premium Times Nigeria.

Senate justifies increase of Rivers 2025 Budget By N365bn

The Nigerian Senate has defended an increase of N365 billion in the new N1.846 trillion budget presented by Rivers State Sole Administrator, Vice Admiral Ibok-Ete Ibak, as against the figure earlier transmitted to the National Assembly by President Bola Tinubu. Checks revealed that the new sum is an increase of N365 billion as against the N1.481 trillion submitted by Tinubu last month for the National Assembly’s consideration and passage. Recall…

Rivers Sole Administrator defends N1.846trn 2025 budget in Senate

The Rivers State Sole Administrator, Rear Admiral Ibok-Ete Ibas Thursday defended the N1. 846 trillion 2025 budget before the Senate Ad-hoc Committee on Oversight of Emergency Rule in Rivers State. By Haruna Salami The Rivers State Sole Administrator, Rear Admiral Ibok-Ete Ibas Thursday defended the N1. 846 trillion 2025 budget before the Senate Ad-hoc Committee on Oversight of Emergency Rule in Rivers State. The Sole Administrator explained tha…

Rivers State Revises 2025 Budget Upward to ₦1.846 Trillion Amid Peace-Building Push - TV360 Nigeria

The Sole Administrator of Rivers State, Vice Admiral Ibok-Ete Ibas (retd.), has announced an upward review of the state’s 2025 budget from ₦1.48 trillion to ₦1.846 trillion, citing understated expenditures and withheld financial data as reasons for the ₦400 billion increase. Ibas made the disclosure on Thursday while presenting the revised fiscal plan before the Senate Ad Hoc Committee on Emergency Rule, which is overseeing the administration of…