Rivers Governor Nyesom Wike has signed the 2020 budget of the state.
Wike signed the 2020 Appropriation Bill passed by Assembly into law at the Executive Council Chambers of the Government House Port Harcourt on Monday.
The 2020 Rivers Budget is christened: Budget of “Reassurance, profound impact for inclusive growth and shared prosperity.”
The Governor gave his assent in the presence of Speaker Ikuinyi Ibani, House members, members of the State Executive Council and Permanent Secretaries.
The Assembly last Friday passed the 2020 Budget of N530,813,357,619.00 for the sustained development of the state.
The Rivers State 2020 budget has a total recurrent expenditure of N156,659,436569.00 while capital expenditure is N374,153,920,743.00.
Signing the document, Wike assured that the budget will be diligently implemented for the rapid growth of the state.
He assured that his administration will build and consolidate on the gains and progress of…