• About
  • Advertise
  • Privacy & Policy
  • Contact
Sunday, September 7, 2025
  • Login
  • Cover
  • News
  • Politics
  • Business
  • Security
  • Entertainment
  • World
  • Sports
  • Editorial
  • Interview
No Result
View All Result
Newsdesk Africa
Advertisement
  • Cover
  • News
  • Politics
  • Business
  • Security
  • Entertainment
  • World
  • Sports
  • Editorial
  • Interview
No Result
View All Result
Newsdesk Africa
No Result
View All Result
Home Business

Senate to debate Rivers N1.481 trn 2025 budget

Ada Okafor by Ada Okafor
May 29, 2025
in Business
0
Senate to debate Rivers N1.481 trn 2025 budget
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter

The Senate is set to debate the 2025 Rivers State Appropriation Bill, which seeks to authorize the expenditure of N1.481 trillion from the state’s Consolidated Revenue Fund. The bill is necessitated by the Emergency Rule declared in the state in March 2025, following the nullification of the state’s 2025 budget by the Supreme Court.

The budget proposal, presented by Senate Leader Bamidele Michael Opeyemi, prioritizes investment in critical sectors such as infrastructure, healthcare, education, and agriculture. Key allocations include: N324 billion for infrastructure development, including road projects and public transportation upgrades; N166.5 billion for healthcare projects, including completing zonal hospitals and general hospitals.

Others include: N75.6 billion for education, focusing on improving learning environments and ensuring access to free basic education; N32 billion for agricultural transformation to boost youth engagement in farming; N6.2 billion for youth empowerment, including digital resource centers and sports development and; N5.2 billion for women’s affairs and social inclusion.

The budget aims to promote inclusive growth and development, with a focus on sustainable economic expansion and improved living conditions for residents. Funding sources include FAAC allocations, internally generated revenue, statutory allocations, mineral funds, VAT, and refunds.

Sen. Bamidele urged his colleagues to support the second reading of the bill, emphasizing the need to stabilize the state, restore critical services, and improve livelihoods. The Senate’s approval of the bill will enable the Emergency Rule government to access funds for essential services and drive development in Rivers State.

Previous Post

FG mulls National Industrial Manpower Summit, inaugurates committees 

Next Post

Enugu, Kebbi, Niger most expensive states in Nigeria — NBS

Next Post
Enugu, Kebbi, Niger most expensive states in Nigeria — NBS

Enugu, Kebbi, Niger most expensive states in Nigeria — NBS

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

https://youtu.be/FHyJ1Wr0FAk?si=0WVYI_2OR4OrIrQ4
https://youtu.be/gbE3azm_Io0?si=GdE3Mqelo1ujTNla
NJC hammer falls on Justices Iyang, Ekwo, Aliyu, suspended for 1yr over misconduct
Backpage

Ministry of Judges welfare

by Newsdesk Africa
September 7, 2025
0

By Chidi Anselm Odinkalu When the House of Lords, as the upper chamber of the UK Parliament is called, debated...

Read moreDetails
Condolence: Akagburuonye visits Alhaji Audu’s family

Condolence: Akagburuonye visits Alhaji Audu’s family

September 6, 2025
CAN refutes el-Rufai’s claim of only 25% Christian population in Kaduna

S’East lagging behind – el-Rufai charges Ndigbo ahead 2027

September 6, 2025
Obi: Facts vs lies

Peter Obi announces break from public engagements over health issue

September 6, 2025
Cash, Lies and Lithium: Inside Colin Ikin’s alleged exploitation of Nigeria’s mining communities

Cash, Lies and Lithium: Inside Colin Ikin’s alleged exploitation of Nigeria’s mining communities

September 6, 2025
  • About
  • Advertise
  • Privacy & Policy
  • Contact

Copyright© 2022-2025 Newsdesk Africa Published by Glossy Affairs Ltd. Tel: +2348152359152. Email: info@newsdeskafrica.com.ng editor@newsdeskafrica.com.ng

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Homepage

Copyright© 2022-2025 Newsdesk Africa Published by Glossy Affairs Ltd. Tel: +2348152359152. Email: info@newsdeskafrica.com.ng editor@newsdeskafrica.com.ng