Politics
Wike Presents Rivers’ N550.6B Budget For 2023
Wike Presents Rivers’ N550.6B Budget For 2023
Rivers State governor, Nyesom Ezenwo Wike, has presented the 2023 Appropriation Bill to the State House of Assembly for consideration.
The governor, who christened the 2023 appropriation bill, ‘Budget of Consolidation and Continuity’ said it comprises capital and recurrent expenditure of N550, 666,987,238.00 for the fiscal year 2023.
Presenting the budget before State lawmakers on Tuesday in Port Harcourt, he explained that his administration has projected the sum of ₦350,977,495,537.00 as Capital Expenditure for the fiscal year 2023.
“This amount represents about 63.2% of the total budget and conforms to our practice of prioritising capital expenditures over recurrent.”
Under capital expenditure, governor Wike said the State will spend N114,264,480,208 on infrastructure, N36,999,486,717 specifically on education and N31,500,002,023 on health.
“Accordingly, the sum of N114,264,480,208 is provided in the 2023 capital budget estimate to fund the completion of all ongoing roads and other physical infrastructural projects awarded by our administration.”
In the 2023 budget proposal, governor Wike said his administration has also proposed a Recurrent Expenditure of N175,249,692,497à, representing about 31% of the total budget for the 2023 fiscal year.
The governor explained that in 2023 the State will expend N73,460,278,307 on salaries (Ministries/Departments/Parastatals), N7,758,772,851 on new recruitment, N33,600,000,000 on monthly pensions as well as N12,000,000,000 on gratuities/death benefits.
Governor Wike said the fiscal year 2023 budget is targeted at delivering economic growth, additional infrastructure and prosperity for citizens.
He stated that while no new projects may be awarded, except where such is considered very significant, the administration shall galvanise efforts and resources to complete all ongoing projects so that the new government can start on a clean slate, unencumbered.
The governor said in 2021 and 2022, the State government introduced several fiscal measures, including a moratorium on external borrowing to achieve economic growth, fiscal discipline and financial consolidation.
These measures, according to him, have significantly blocked revenue leakages, improved the State capacity for internal revenue generation and prevented unsustainable deficit financing.
“We have, therefore, resolved to continue with the existing fiscal measures for the year 2023. This means that there would be no increase in tax rates. No new taxes will also be introduced.
“However, we will continue to intensify our drive to significantly improve IGR by expanding opportunities for more investments, industrialization and efficient tax collection.”
The governor disclosed that the State remains determined to reduce its dependence on statutory federal allocations to finance its budget and development. To this end, he urged other sister States to join Rivers in the struggle to secure the right to impose and collect VAT at the sub-national level.
Reviewing the 2022 budget performance, governor Wike narrated that the approved total budget of the State was N420, 485,053,736.00 only.
He disclosed that by the end of October 2022, total revenue receipts of the State stood at N321, 250,781,228.91, only about 70% performance. While, the total receipts from internally generated revenue (IGR) was N112.099 billion. This, according to him, represents 25% performance above the figure of 2021 for the same period but over 50% less than the projected sum for 2022.
“The shortfall in IGR is attributed to our inability to collect the projected proceeds from value-added tax following the stay of execution ordered by the Court of Appeal, which we have appealed to the Supreme Court.
“Furthermore, augmentation from the Federal Government accounts for the nominal increase recorded in the allocations from the Federation Account Allocation Committee (FAAC). In other words, the 2022 budget performance did not also meet projected receipts from FAAC.
“Nevertheless, the aggregate performance of the budget on the revenue side stood at over 90% at the end of October 2022.”
Governor Wike revealed that the sum of N5 billion has been proposed under Special Projects to introduce and fund a free feeding programme for pupils in State primary schools to increase and sustain enrolments and reduce poverty.
He said the State has further provided N4 billion under Special Projects to fund free medical care for nursing mothers and children for the fiscal year 2023.
The Rivers State governor said although this is the last lap of his tenure, the administration is resolved to continue to advance Rivers development and secure its future.
“We are therefore poised to use the 2023 budget to deliver more transformative infrastructure and other strategic projects and services and move our dear State closer to the point of self-sustainability.”
The Speaker, Rivers State House of Assembly, Rt. Hon. Ikuinyi-Owaji Ibani, noted that governor Wike has through prudent allocation of resources put in place a roadmap for the development of the State.
Ibani, who commended the governor for his achievements in the past seven years, noted that his numerous infrastructural projects will positively impact on the development of the State in future.
News
Senator Lawan condoles APC Northeast Youth Forum chairman over the demise of his father
Senator Lawan condoles APC Northeast Youth Forum chairman over the demise of his father
By: Yahaya Wakili
President of the Ninth Senate, Senator Ahmed Ibrahim Lawan PhD, GCON, Sardaunan Bade, Yobe North Senatorial District, has paid a condolence visit to the Chairman of the All Progressives Congress (APC) Northeast Youth Forum, Haruna Adamu Sardaunan, over the passing of his beloved father, Mallam Adamu Isa Bulama, at Potiskum.
During the visit, President of the 9th Senate, Senator Ahmed Lawan, prayed for the repose of his soul.
Senator Ahmed Ibrahim Lawan, PhD, GCON, urged his son, Haruna, to draw strength from his father’s memory and continue along the path of dedicated services to our people.
Mallam Adamu Isa Bulama, until his demise, was the chairman of the Yobe State Hunters Association.
Senator Lawan extended his deepest condolences to Haruna and his family and prayed that Allah (SWT) grants them the fortitude to bear this great loss.
“May the soul of Mallam Adamu Isa Bulama rest in Aljannatul Firdaus Amin, Sardaunan prays.
Senator Lawan condoles APC Northeast Youth Forum chairman over the demise of his father
News
Edo Election: ActionAid Nigeria Calls for Prosecution of those involved in Electoral Fraud
Edo Election: ActionAid Nigeria Calls for Prosecution of those involved in Electoral Fraud
By: Michael Mike
ActionAid Nigeria has called for the prosecution of those that were involved in electoral fraud in the just concluded gubernatorial election in Edo State
A statement on Thursday by the NGO Country Director, Andrew Mamedu, said:
“it is important that those responsible for undermining the will of the people are held accountable. The government must be unequivocally reminded that its foremost duty is to serve the interests of the citizens, not to facilitate or condone actions that silence their voices.”
Mamedu said: “For over 15 years, ActionAid Nigeria has been consistent in her work around electoral processes in Nigeria including observing elections in the 36 states and FCT, although not physically present to observe the just concluded Edo State governorship election, we stand firmly in solidarity with our fellow Civil Society organisations and partners who have reported significant irregularities throughout the electoral process. This election has been marred by serious allegations of manipulation and rigging, as thoroughly documented by multiple civil society groups within the state. Disturbing accounts of disruptions at collation centers, including intimidation of Independent National Electoral Commission (INEC) officials and attempts to manipulate results contrary to established electoral provisions, have raised profound concerns about the integrity of the electoral process.
“We recognise that INEC has acknowledged reports of result tampering and has pledged to investigate any proven violations but their track record in conducting free, fair, and transparent elections has been severely undermined by persistent accusations of inefficiency, manipulation, and undue political influence. While the investigation is a step in the right direction, it is important that these investigations translate into swift and effective action.
“Also, beyond the investigation, it is important that those responsible for undermining the will of the people are held accountable.”
He added that: “The time has also come to critically reassess INEC’s role in our electoral system. When an institution entrusted with safeguarding democracy continuously falters, we must explore alternatives. Nigerians deserve an electoral body that is genuinely independent, transparent, and accountable. There is a need to reform INEC as a commission in order to make it more efficient, effective and accountable in carrying out its mandate as an electoral umpire.”
Mamedu said: “A comprehensive electoral reform in Nigeria is urgently needed. First, there must be a complete overhaul of the Independent National Electoral Commission (INEC) to create a more transparent, accountable, and independent body, free from political influence and led by individuals of proven integrity.”
He called for more roles for civil society organisations and international observers in Nigeria’s electoral process, stating that: “Civil society organisations and international observers should play a more significant role in observing elections, ensuring that their recommendations are taken seriously, with mechanisms in place for swift action against misconduct.”
He added that: “The adoption of more robust electoral technologies, such as biometric voting systems and real-time result transmission, is crucial to minimizing fraud.
“Security personnel must also be deployed impartially to prevent violence and intimidation, ensuring that party agents, the media, and observers have full access to maintain electoral integrity. It is essential to incorporate technologies like the BVAs and IREV into the Electoral Act.
“The judiciary must uphold its role as the guardian of democracy, prioritising electoral cases with swift, evidence-based verdicts. Any officials found complicit in electoral fraud must be held accountable, necessitating comprehensive reforms in the judicial sector to ensure just outcomes.”
Edo Election: ActionAid Nigeria Calls for Prosecution of those involved in Electoral Fraud
News
Ize-Iyamu congratulates Edo deputy governor-elect Dennis Idahosa
Ize-Iyamu congratulates Edo deputy governor-elect Dennis Idahosa
By: Michael Mike
Pastor Osagie Ize-Iyamu has extended his warm congratulations to Rt. Hon. Dennis Idahosa on his election as the Deputy Governor of Edo State. In a congratulatory message, Ize-Iyamu praised Idahosa’s victory as a reflection of his dedication to public service, noting that the people of Ugboko in Orhionmwon Local Government Area, Idahosa’s maternal hometown, are particularly proud of his achievement.
Ize-Iyamu highlighted that Idahosa’s success represents not only his hard work but also his deep connection with the aspirations of the people of Edo State. He expressed confidence in Idahosa’s ability, alongside Governor-elect Sen. Monday Okpebholo, to drive significant progress in the state, given his wealth of experience and passion for development.
He further prayed for wisdom, strength, and courage for the newly elected leaders as they take on the challenges ahead, emphasizing the hope that Edo State would experience peace, unity, and prosperity under their leadership. Ize-Iyamu also expressed optimism about the positive impact the duo would have on the advancement of Orhionmwon Local Government Area.
Ize-Iyamu wished Idahosa success in his tenure as Deputy Governor and looked forward to the transformative leadership he would bring to Edo State.
Ize-Iyamu congratulates Edo deputy governor-elect Dennis Idahosa
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