BREAKING: Fubara Signs 2024 Budget Into Law, 24Hrs After Presenting to 4 Lawmakers

• Governor Siminalayi Fubara of Rivers state has signed the 2024 appropriation bill into law
• Fubara signed the 2024 budget barely 24 hours after presenting it to four of the 32 lawmakers who were loyal to him at the government house
• The governor's action followed the demolition of the state house of assembly complex with no less than 10 bulldozers

Legit.ng journalist Bada Yusuf is an accomplished politics and current affairs editor, boasting over seven years of experience in journalism and writing.

Port Harcourt, Rivers - Siminalayi Fubara, the governor of Rivers state, has signed the N800bn appropriation bill for 2024 into law.

The development came barely 24 hours after the governor presented the estimated budget to a faction of the state house of assembly led by Edison Ehie, The Nation reported.

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Fubara presents 2024 budget to 4 lawmakers

The signing ceremony of the bill was held at the conference room of the governor's office at the government house on Thursday, December 14.

During the presentation of the appropriation bill on Wednesday, December 13, Governor Fubara said the N800 billion 2024 fiscal year was targeted at promoting economic development.

According to him, inclusive growth will be deployed while socio-economic inequalities will be addressed.

He added that the N800, 392,485,433.01 billion constitutes a Recurrent Expenditure of 361,598,242,570.85 and a Capital Expenditure of 410,266,485,090.64.

Why Governor Fubara demolishes the Rivers house of the assembly complex

The budget presentation came up barely 48 hours after 27 of the 31 lawmakers in the house dumped the Peoples Democratic Party (PDP) and joined the All Progressives Congress (APC).

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Earlier on Wednesday, the governor ordered the demolition of the state house of assembly complex, citing structural defects as a reason for his government's action.

But on the same day, the governor presented the N800 billion budget to the four lawmakers in his camp and signed the bill into law on Thursday.

Rivers: Fubara's government begins demolition of house of assembly complex

Legit.ng earlier reported that the Rivers state house of assembly is currently being demolished as about ten bulldozers were bringing down the building on Wednesday.

This happened after the lawmakers loyal to Governor Siminalayi Fubara held a plenary amid controversies in the state.

The demolition is coming 48 hours after 27 lawmakers loyal to the immediate past governor and FCT minister, Nyesom Wike, dumped the PDP and joined the APC.

Source: Legit.ng