Wednesday, 9 December 2015

Wike's 2015 supplementary budget approved

Unknown | Wednesday, December 09, 2015 |
Wike's 2015 supplementary budget approved
The Governor of Rivers state, Nyesom Wike, has gotten a breakthrough with the state’s House of Assembly.

According to our sources, the governor’s 2015 supplementary budget for the state was passed into law on Tuesday, December 8, by the House.

The leader of the House, who presented the motion, Martins Amaewhule, said the bill was aimed at making sure the governor has the legal backing to spend money into more projects in the state.

Bloom Gist was told that after a unanimous vote by the lawmakers, the Speaker of the House, Ikunyi Igbani passed the bill into law.

Meanwhile, sections of the House Standing order (Order 50) were set aside in order for the bill scale through for a quick passage of less than an hour.

The supplementary budget which has a profile of N104, 287,285,108, is expected to be earmarked for capital expenditure.

The Speaker stated that it was very important for the lawmakers to execute its functions in sustaining development in the state.

“Governance is not about paying salaries alone. It is also about bringing meaningful development and taking into account the environment we live in.

“This supplementary budget of N104billion is meant to help the government achieve this,” he said.

According to the breakdown of the supplementary budget, the judiciary in the state is expected to get the sum of N1billion while the legislature has N2 billion. It is said that the housing ministry will get the sum of N10 billion while over N40 billion will be expended in the state’s ministry of works.

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