US EditionBREAKING: Senate Passes Rivers 2025 Budget for Second Reading
- The Nigerian Senate passed Rivers State's 2025 budget, totaling about ₦1.48 trillion, for second reading on Wednesday at the National Assembly in Abuja.
- This followed a March 18, 2025 emergency rule declaration by President Tinubu, suspending elected officials and appointing retired Vice Admiral Ibok-Ete Ibas as sole administrator.
- The Senate Ad-hoc Committee, led by Senate Leader Opeyemi Bamidele, has been assigned to supervise the emergency administration and uphold democratic governance throughout this period.
- The budget allocates 60% to capital expenditure for infrastructure and social services, prompting scrutiny of revenue projections and project feasibility ahead of Ibas’s defense scheduled for June 2025.
- The process represents a crucial examination of constitutional checks and the balance of power between federal and state governments amid political unrest and the extended state of emergency in Rivers State.
11 Articles
11 Articles
BREAKING: Senate passes Rivers 2025 budget for second reading
The Nigerian Senate, Wednesday passed the Rivers State 2025 budget for second reading. The budget which stood at N1,480,662592,442 trillion was passed for second reading after it was read by the Senate Leader, Senator Michael Bamidele Opeyemi. Opeyemi said the Senate has since assumed the powers of legislating for Rivers State having been under the State of Emergency. In his contribution, Senator Solomon Adeola Olamilekan said, there was a need …
Senate committee on Rivers emergency rule pledges fairness in budget consideration
Last Thursday, President Tinubu requested National Assembly approval of the 2025 Rivers State budget of N1.48 trillion. The post Senate committee on Rivers emergency rule pledges fairness in budget consideration appeared first on Premium Times Nigeria.
Rivers State’s N1.4tn Budget Scales Through Second Reading » News.ng
The Nigerian Senate has advanced Rivers State’s N1.4 trillion 2025 budget to its second reading stage, marking a significant step in the legislative process. This development follows President Bola Tinubu’s formal request to the Senate seven days earlier, seeking approval for the state’s financial plan. In his correspondence to the upper legislative chamber, Tinubu outlined the constitutional necessity for federal intervention following the Supr…
N1.48trn Rivers Appropriation Bill passes 2nd reading in Senate — National Accord Newspaper %
Senate on Wednesday passed for second reading, the 2025 Rivers Appropriation Bill of N1.48 trillion. This followed the The post N1.48trn Rivers Appropriation Bill passes 2nd reading in Senate appeared first on National Accord Newspaper.
BREAKING: Senate passes Rivers 2025 Budget for second reading
The Nigerian Senate on Wednesday passed the 2025 budget of Rivers State, totaling ₦1.48 trillion, for second reading. The motion was presented by Senate Leader, Senator Michael Opeyemi Bamidele, who noted that the National Assembly had taken over legislative duties for the state following the declaration of a state of emergency in Rivers. Supporting the […] The post BREAKING: Senate passes Rivers 2025 Budget for second reading appeared first on …
Senate Passes Rivers N1.48trn ‘Emergency’ Budget For Second Reading
A bill seeking to authorise the issuance of N1.48 trillion from the Consolidated Revenue Fund for Rivers State’s 2025 fiscal year has passed its second reading in the Senate. The bill titled: ‘Bill for an Act to Authorise the Issue from the Consolidated Revenue Fund of Rivers State’ was read on the floor of the Senate by the Senate Leader, Senator Opeyemi Bamidele, during plenary. The proposed spending plan allocated ₦120.8 billion for debt serv…
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