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Wike’s N480bn 2019 Appropriation Bill Passes First Reading …RSG Earmarks N33bn For Pension, Promotion Arrears
The 2019 Appropriation Bill presented by the Rivers State Governor, Chief Nyesom Wike to the Rivers State House of Assembly has passed first reading on the floor of the House yesterday.
Speaker of the Rivers State House of Assembly, Rt. Hon. Ikuinyi-Owaji Ibani described the budget as one full of hope for the people of the state.
In his words, “Rivers State has taken off in the past three years. We have seen development in all sectors, and it is the spirit embedded in the budget that gives us hope as legislators”.
Rt. Hon. Ibani said from the proposal so far placed before the Assembly, all sectors of the economy are well taken care of, noting that, “the cardinal objectives of the budget will enhance job opportunities, employment for the citizenry”.
He promised that the bill be given serious attention especially in tandem with the Medium Term Expenditure Framework recently approved by the House.
On his part, Majority Leader of the House, Hon. Martins Amaewhule commended members for attending the plenary and for their commitment towards the state development.
While presenting the appropriation bill, Chief Wike proposed N480 billion for next year’s budget.
Tagged, “Budget of Sustainable Growth and Development”, Capital Expenditure gulped the highest share with N323.2 billion. Recurrent has N157 billion.
A further breakdown shows that the Social Sector had N170 billion, Health N25 billion, Works N72 billion, while Security had N18 billion.
Other sectors that received attention include Administration with N17 billion, Law/Justice N4.3 billion.
The budget according to Wike will be funded with projected Federal allocated revenue, Value Added Tax (VAT), credit and loans and internally generated revenue.
The governor explained that other projections for the budget will be hinged on oil production of N2 million barrels per day, N10.9 inflation rate as against 9 percent projected by the Federal government.
He maintained that the budget will be focused on job creation, human capital development, water and sanitation and improving transport infrastructure in the State.
Presenting the 2019 Appropriation Bill to the House, Wike said the strategic thrust for the 2019 budget is to promote economic growth and diversification, create jobs and reduce unemployment; take as many of Rivers people out of poverty and improve the standard of living of Rivers State.
The budget is premised on an oil price bench mark of 55 United States Dollars per barrel, which is 5 dollars lower than that of the Federal Government.
The 2019 Rivers State Budget is Christened: “Budget of Sustainable Growth and Development.”
The governor proposed N323, 288,970,085.00 as capital expenditure, while Recurrent Expenditure will gulp N157, 122,354,564.15.
He said: “The capital allocation of 323,288,970,085.00 for the 2019 fiscal year represents 65 per cent of the total budget. This sum is however less than the figure for 2018 by N57, 708,717,319.00 due to the reduction in the total size of the 2019 budget as against that of 2018.
He said because the 2019 Appropriation Bill has set priorities for human capital development and infrastructural provision, a substantial part of the capital budget is allocated to the Ministries of Agriculture; Education; Employment Generation and Empowerment; Health; Sports Development; Women Affairs; Works; and Youth Development.
The governor proposed N72, 911,765,640.21 billion naira for the construction and improvement of the State’s road network and transport infrastructure.
He said: ”This sum, which constitute about 24 per cent of the total capital budget, will be utilized to continue with the funding of the construction and completion of roads”.
The sectoral allocation of the capital budget is as follows: (Proposed) Administration Sector; N17, 820,704,443.79 ,Economic Sector: N99, 053,565,640.20 ; Law and Justice Sector; N 4,350,000,000.00; Social Sector; N127, 292,200,000.00 and ; Special Heads, N50, 347,500,000.00; Loan Repayments , N24, 425,000,000.00.
Wike said the following roads will be completed in 2019. They include: the dualization of Kira – Sakpenwa – Bori – Kono road; the Andoni – Opobo Unity road; the Oyigbo town – Ebete road; Tema – Ifoko road the Mbano camp road; Eleme – Obete road; Eteo – Sime – Bayayira-Nonwa-Kira road; Rumuji – Ibaa – obele – isiokpo road; Akabuka – Omoku road; Flyover bridge at Garisson Junction abd Abonnema ring road.
Others are: Abua-Degema – Emoh-Iyak-Ighom-Elok road; Ula Ehuda – Odioku – Anwunugboko – Ubeta – Ihuechi – Odiereke road; Rumuche road in Emouha Local Government Area; Flyover bridge at Rumuokwuta roundabout; Flyover bridge at University of Port Harcourt Junction
Ahoada – Odiemerenyi – Ihugbogo-odieke road; Isiodu roads , Ahoada – Ekpena road; Omoku-Aligwu-Kreigani-Oduoboburu road, Odieku internal roads; Bolo internal roads; Rumukpakani internal roads; and
Umuogba – Umuokpurukpu – Umueke – Umunju Umuelechi – Eberi roundabout link road.
He proposed the sum of N17,112,000,000.00 for the Bureau for Special Projects to fund the completion of land reclamation at Bakana in Degema Local Government Area, land reclamation at Abalama in Asari Toru Local Government Area; land reclamation and shore protection at Kula in Akuku Toru Local Government Area; the Secretariat buildings for Trade Union Congress, Nigeria Labour Congress, National Union of Rivers State Students and Rivers State Students Union Government; and the Fruit Garden market in Port Harcourt City Local Government Area.
The governor stated the administration
allocated the sum of N25, 300,000,000.00 to fund healthcare delivery in the State. He said key projects in the sector will be completed and delivered in 2019.
Wike said his administration will continue to give security of lives and property all the attention that it deserves in spite of the obvious lack of cooperation from the Federal Government.
He said: “ The sum of 18,000,000,000.00 has been proposed to fund all aspects of securing and keeping Rivers State safe, peaceful and secure, including the operationalization of the recently established State Neighbourhood Safety Corps programme.
”The Neighbourhood Safety Corps programme is very dear to us as a government. Apart from the number of youths that it will employ, the programme has the potential to enhance our collective security. And so we are prepared to do whatever it will take to ensure its implementation in the course of 2019″.
Wike noted that the sum of N4, 350,000,000.00 only has been proposed for the Law and Justice sector to further strengthen and enhance the justice delivery system in the State.
For the recurrent expenditure, Governor Wike proposed to spend as follows: Personnel Emolument , N79, 585,058,808.60; Overhead
N 17, 025,380,000.00; Pension N 33,000,000,000.00 and Others
N27,511,915,255.55.
Through the recurrent proposals, Governor Wike accommodated the expected new minimum wage for the state and the handling of the pension challenges facing the state.
Wike said: “ With this, the State Government will be in a position to pay the minimum wage whenever the National Assembly approves it. We also made provisions for staff promotion arrears and new recruitments into the State’s civil service.
“The sum of 33,000,000,000.00 is proposed for the settlement of pension liabilities. The challenge about the plight of pensioners has lingered for too long and we are determined to tackle it this time around. Certainly, our senior citizens deserve better treatment than what they are presently getting”.
The 2019 Rivers State Budget will be financed as follows: Internally Generated Revenue N120, 492,891,302.00 ,Statutory Allocation
N73, 169,813,022.00 : 13% oil minerals fund; N145, 070,991,780.00 ;Value Added Tax; N26, 377,628,543.00 ;Refunds ; N27, 337,926,155.08 ;Local Credits; N45, 000,000,000.00; International Credits; N30, 000,000,000.00; Capital receipts; N300, 000,000.00 Exchange gain; N8,000,000,000.00 Prior year Balance; N4,662,073,844.92: N480, 411,324,647,00
Wike said for the 2018 Budget as at November 2018, total revenue receipts from all sources (except internal and external loans) stood at 288,721,423,336, which represents about 79 per cent performance on the revenue side with respect to the totally projected IGR and FAAC receipts for 2018.
The governor said that the aggregate capital releases to MDAs as at November 2018 stood at over 65 per cent of the total capital expenditure.
He said despite inheriting a collapsed economy from the immediate past APC administration in the state, his administration has revived the state’s economy.
He said: “We came in with a clear vision and mission: a vision to repair and renew the promise of our State; a mission to pull our people from the cesspool of despair and restore our hopes for brighter future.
“Three and half years after, we have substantially achieved our commitments on all directions of human advancement.
Under our watch, Rivers State has emerged from the brink of economic disaster to an era of fiscal sustainability. Today, our Gross Domestic product has increased and our economy is growing at a rate above the national average and attracting new investments even when the national economy continues to be weak, wobbly and troubling.
“Under our guardianship, we have invested at record levels to provide critical social and economic infrastructure across the State; especially roads, schools, and health facilities.
In the process, we created hundreds of thousands of jobs across the construction value chain”.
He said the 2019 budget is intended to consolidate on the administration’s achievements and enable it to put the State on an irreversible path to sustainable economic growth and development.
Speaker of the Rivers State House of Assembly, Mr Ikuinyi-Owaji Ibani said the House will give the budget the required consideration in the interest of the state.
He noted that the House has already approved the Medium Term Expenditure Framework, which will form the basis of the budget’s consideration.
The budget passed through its first reading after the State Governor laid the budget on the table.
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We’ve Only One House Of Assembly Led By Oko-Jumbo, Fubara Clarifies …Signs Into Law N1.188trn Rivers 2025 Budget
Rivers State Governor, Sir Siminalayi Fubara, has insisted that there is only one House of Assembly existing in the State, and it is led by Rt Hon. Victor Oko-Jumbo.
Governor Fubara made the clarification shortly after giving assent to the Rivers State Appropriation Law No.1 of 2025, at Government House in Port Harcourt.
The Governor said the records need to be put straight to address insinuations in some quarters about a possible splitter in the Legislature, and stated that there is no such division.
Governor Fubara stated: “I want to say this, maybe, for some persons somewhere who are still mixing up issues. We have only one Rivers State House of Assembly, and that Assembly is headed by Rt Hon Victor Oko-Jumbo”.
He described those who abdicated their mandate in the House as a group of friends who had embarked on Sinbad journey, and half-way into the journey, they decided to return, saying, “It is too late. We are not going back. As far as I am concerned, we have moved on.”
Governor Fubara said that as it stands now, the focus of his administration is to do everything possible in defending the interest of Rivers State and the integrity of governance, and assured that with the 2025 budget now signed, every projection made in it will be addressed to deliver hope and good life to all residents in the State.
He said, “We will make sure that we kick-start, so that the record of performance that was accorded by this administration in the year 2024 will be higher in this year, 2025.
“Let me first thank the Rivers State House of Assembly for doing very diligent job, and also realizing the task that we have ahead of us, which is to continue to work for Rivers people. So, I want to thank you for working very hard and ensuring that we hit the ground running in this New Year.”
Governor Fubara also commended members of the State Executive Council, which he described as the management team, especially the Deputy Governor, for their support and cooperation, and particularly thanked the Commissioners for Finance, and Budget, as well as the Acting Chairman of Rivers State Internal Revenue Board, for the wonderful job they did last year.
He noted, “We expect you to do more because we have a bigger task ahead of us. We have made some promises to our people. Education, Health and Agriculture; we must make sure we make good impact just like we have done in the areas of road and other aspects of the economy. We made a promise to you (Rivers people) that we will continue to protect, defend and promote the interest of our dear State.”
In his speech, Speaker of Rivers State House of Assembly, Rt Hon Victor Oko-Jumbo, asserted that Rivers people witnessed unprecedented growth in the State made possible by the administration of Governor Fubara in infrastructure development, healthcare delivery, education, social welfare, security and other sectors.
Rt Hon Oko-Jumbo pointed to how Governor Fubara has become the beacon of hope of the common man on the streets, because, according to him, they are happy with the positive impact his leadership style has afforded them.
The Speaker explained that Governor Fubara has paid Rivers civil servants and pensioners N100,000.00 Christmas Bonus, being the second time; and approved and paid N85,000.00 minimum wage (salary) to civil servants, which have stood him out as a leader that prioritises the well-being of the people.
He said, “Your Excellency, 2025 promises to be a year of strategic planning and partnership. We have no doubt that you will carry out the task of developing and delivering the dividends of democracy to every nook and cranny of Rivers State. So, Your Excellency, on behalf of the 10th Rivers State House of Assembly, we want to say thank you for being the People’s Governor, and thank you for the strategic partnership with the Legislature. Your Excellency, 2025 promises to be a year of exponential growth in Rivers State.”
Presenting the 2025 Budget to Governor Fubara for assent, Leader of the House, Hon Sokari Goodboy Sokari, said the total projected estimate of N1,188,962,739,932.36 for the 2025 fiscal year indicated a huge leap from previous year’s figure, indicating progress and assuring multiplication of comfort that good leadership can provide.
Hon Sokari also noted the strategic allocations for Recurrent and Capital expenditures that provide for the welfare of workers and retirees, more development projects, as well as savings that will be made from accruing revenues.
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Tinubu calls for increased currency swap between China, Nigeria
President Bola Tinubu yesterday urged the Chinese government to increase the two billion dollar currency swap between Nigeria and China to enhance trade between the two countries.
He also called for an upward review of the 50 billion dollar aid package for Africa, which China’s President Xi Jinping announced last year.
China and Nigeria recently renewed their currency swap agreement, valued at 15 billion yuan (approximately 2 billion dollars), to enhance trade and investment.
Receiving Wang Yi, the Minister of Foreign Affairs of China, at the State House, the President said increasing the level of currency swaps would speed up the infrastructural development in Nigeria and deepen the strategic bilateral relations.
“We still demand more in the area of currency swap. The level you have approved as a government for Nigeria is inadequate considering our programme. If you can increase that, it will be well appreciated.
“Our bond should grow stronger and become unbreakable,” the President said.
Regarding the 50 billion dollars pledged by the Chinese government to support Africa, President Tinubu noted that the continent’s infrastructural needs would require more commitment, urging a review of the amount to reflect the continent’s reality.
“I am happy you are part of China’s highest decision-making body. We will want you to use your position to influence improved project funding.
“First, I say yes to the 50 billion dollar support, and thank you for contributing to African growth. The infrastructural needs of Africa are greater than that, and we want to move as rapidly as our other counterparts.
“All share your vision of rapid development. Africa values the relationship with China, and we seek deeper collaboration for infrastructural development,” he stated.
President Tinubu called on China to support Nigeria’s bid for a permanent United Nations Security Council seat.
“You are a member of the UN Security Council. We want you to use your influence to ensure Nigeria secures the seat,” the President said.
Tinubu said Africa, particularly Nigeria, was prepared to meet developmental goals and contribute counterpart project funding.
“We are ready to move and reach the various developmental goals. Due to our deliberation, we signed many MOUs and planned many action programmes.
“My visit during FOCAC was a good experience. We signed several comprehensive MOUs during the visit. We planned several programmes of action,” he said.
Yi thanked Tinubu for appointing a Director General and Global Liaison, Nigeria—China Strategic Partnership, to oversee the implementation of the MOUs for the rapid development of the Nigerian economy.
“I would like to thank Nigeria for abiding by the one-China principle, and we will continue to support Nigeria in achieving the Renewed Hope Agenda, countering terrorism and ensuring regional security,” he said.
Yi said Chinese investments in the country would focus on employment generation and infrastructural development.
He said the Chinese National Development Bank had started funding some development projects.
He also said the Chinese government would support including an African country in the UN Security Council.
“We stand with Africa, and we will not support a country that invades another country,” he stated.
The foreign minister said China would welcome Nigeria’s membership in the BRICS and participation in the global development mechanism.
He said China fully supported Dr Ngozi Okonjo-Iweala, the Director General of the World Trade Organisation (WTO), for a second term in office.
The minister lauded President Tinubu for his visionary leadership and consistency in projecting Africa’s needs, which require China’s support.
“You brought Renewed Hope to the people of Nigeria. Your economy has sustained sound momentum, and Nigeria’s global influence has steadily increased.
“Nigeria has played an important role in upholding regional peace and has become an important force for African stability.
“We congratulate Nigeria on its achievements and believe that, under your leadership, Nigeria will realise greater achievements,” the Chinese foreign minister stated.
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FG urges unified efforts against emerging COVID-19 threats
The Federal Government has called for unified efforts by stakeholders to tackle the emerging COVID-19 variants in the country.
Prof. Muhammed Ali Pate, the Coordinating Minister of Health and Social Development, made the call in Abuja on Thursday, at a strategic meeting on COVID-19 preparedness and response.
The meeting was organised by the National Emergency Management Agency (NEMA), following the recent emergence of a new COVID-19 variant in China and subsequent international concerns about the spread of the deadly virus.
The Tide source reports that NEMA conveyed the strategic stakeholders meeting to discuss preparedness, response plans, and proactive measures within Nigeria’s national context against the virus.
The minister, represented by a Director in Public Health Department at the Ministry, Mrs Chidinma Agbai, highlighted the devastating global impact of the pandemic and Nigeria’s resilience in spite of initial dire predictions.
He warned against misinformation and urged collaboration among stakeholders, including health officials and the media, to strengthen border controls and revive pandemic response infrastructure.
“A couple of months, the global world became affected one way or the other. you saw the number of people that were lost. They were counted in millions, people that were lost through COVID-19.
“You also saw the countermeasures that were taken by various countries. And surprisingly, those of us in Africa and Nigeria in particular, were expected to count our dead in millions. But God being our helper, It did not consume so much.
“But one life is a serious loss to a nation. So many Nigerians lost their lives, not really because of COVID-19, but because of countermeasures,” he said.
According to him, during the last COVID-19 and Ebola, people were told to take salt. Some people were told to take potash. So many countermeasures were introduced, and a lot of people lost their lives.
“So, now again in this harmattan period, we have to be careful because COVID-19 started in the harmattan period too, in the past years, it has reared its head again in China.
“This time around, it’s a mutant type that has come up. And China, being what it is, is keeping quiet. They don’t want to raise alarm as to what they are experiencing.
“They’ve closed their doors to various appeals for them to speak up.
“So for us in Nigeria, we have to put deliberate efforts to ensure that those who are coming into Nigeria, or those who are leaving the country, are protected,” he said.
He emphasised the importance of agencies such as the Nigerian Immigration Service (NIS) and others in ensuring that the country’s borders were under surveillance.
He urged that similar measure taken to curtail Ebola some years back should be applied at the airports, the land borders and the sea ports to secure the lives of Nigerians.
The minister also called for renewed efforts in vaccine development and public education to prevent panic and safeguard lives.
The Director-General of NEMA, Mrs Zubaida Umar, in her remarks called for proactive planning, collaboration, and resource mobilisation to safeguard the country’s public health emergencies.
Umar, who was represented by the Director, Planning Research and Forecasting, Mr Onimode Bandele, said that the meeting was crucial amid global concerns.
The director-general stressed the importance of information sharing, transparency, and a unified approach in addressing the challenge.
“The recent COVID-19 situation emerging from China serves as a stark reminder that public health emergency recognises no borders.
“In today’s interconnected world, a health threat in one country has the potential to impact nations across continents.
“While Nigeria is not directly affected at the moment, proactive planning, preparedness, and collaboration are essential to safeguarding our citizens and mitigating any potential risk.
“In line with this mandate, NEMA aims to be number one to share insight and update on the current global COVID-19 situation and its potential implication for Nigeria,” she said.
Umar also reaffirmed NEMA’s commitment to effective disaster management and urged unified efforts to maintain Nigeria’s resilience against global health threats.
On his part, Mr Hopewell Munyari, Operations Manager, International Federation of Red cross, urged Nigerians to learn from the COVID-19 response to improve future emergency efforts.
Munyari underscored the Nigerian Red Cross’s role as an auxiliary to government, actively working on responses like Lassa fever and mFox outbreaks.
He also called for leveraging global Red Cross networks and volunteers to enhance preparedness and ensure timely, reliable communication with communities.
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