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Wike Presents Rivers’ N550.6B Budget For 2023

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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.

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Politics

VP Kashim Shettima: A reflection of the interconnectedness between fate and personal attributes

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VP Kashim Shettima

VP Kashim Shettima: A reflection of the interconnectedness between fate and personal attributes

By: Dr. James Bwala

Vice President Kashim Shettima’s political trajectory exemplifies the intricate relationship between fate and personal attributes, highlighting how individual qualities can intersect with circumstantial forces to shape leadership outcomes. While fate may position an individual within certain historical or social contexts, it is Shettima’s personal attributes—such as resilience, rhetorical skill, and strategic vision—that have enabled him to navigate Nigeria’s complex political landscape effectively. His public discourse often underscores courage and transformative leadership, which not only reflect his innate qualities but also respond adaptively to the demands of his environment.

Shettima’s role as vice president underlines a dynamic interplay where destiny provides opportunities that are actualized through character and action. His rhetoric aligns with broader national narratives about change and legacy, suggesting that while fate may offer a stage, it is personal agency that directs the performance. This synthesis between predetermined circumstances and individual capability illustrates how leaders like Shettima embody both historical contingency and self-determination in their public roles. 

In this way, Shettima’s journey not only reflects personal triumph over the vicissitudes of fate but also serves as a testament to the profound impact of character-driven leadership on national development. In essence, Shettima’s leadership journey illustrates how the interplay between fate and personal attributes can transcend individual success to foster collective progress within a nation. This intricate balance between destiny and personal attributes not only shapes Shettima’s political narrative but also inspires a broader discourse on leadership in Africa, where history and individual agency frequently converge to redefine societal trajectories. 

This narrative not only resonates deeply within the context of Nigeria’s evolving political landscape but also offers a blueprint for emerging leaders across the continent, reinforcing the idea that true progress is born from the synergy between predetermined paths and deliberate, character-driven choices. By examining Shettima’s career, one can discern how his personal attributes—resilience, strategic foresight, and an unwavering commitment to public service—have consistently aligned with historical moments of opportunity. 

Read ALSO: https://newsng.ng/the-plight-of-farida/

This alignment is further evidenced by Shettima’s strategic initiatives, which often capitalize on pivotal historical junctures to advance national interests and enhance socio-economic stability. Shettima’s ability to navigate complex political landscapes with a blend of prudence and vision underscores the essential role of adaptive leadership in times of national transformation. His journey illustrates how personal characteristics can serve as both a catalyst and a compass, guiding individuals through the intricate dance of destiny and determination to achieve impactful leadership outcomes. 

As Shettima’s narrative unfolds, it becomes evident that his personal journey is a testament to how intrinsic qualities can steer one towards pivotal roles in shaping a nation’s trajectory. In reflecting on Shettima’s career, one observes how his intrinsic resilience and strategic foresight have intertwined with the broader currents of fate to place him at the forefront of national leadership. This interplay between personal attributes and destiny not only underscores Shettima’s rise but also highlights the broader narrative of leadership in contexts marked by complexity and change. 

This dynamic interaction between individual traits and the unfolding of fate is not only critical in understanding Shettima’s ascent but also serves as a broader commentary on leadership within complex political environments. Shettima’s leadership journey, as articulated in his rhetoric, underscores the transformative power of individual courage and strategic vision in navigating the complexities of national governance. Moreover, his rhetoric often reflects the deep-seated belief that courage and strategic vision are indispensable in crafting a legacy that resonates with both contemporary and future generations. 

Kashim Shettima’s speeches often encapsulate the notion that leadership is not merely a position of power but a profound responsibility to align personal strengths with the nation’s aspirations, ultimately crafting a narrative that resonates with both the present and posterity. Through his speeches, Shettima consistently emphasizes the importance of aligning personal integrity with national goals, thereby reinforcing the notion that effective leadership is deeply rooted in a harmonious blend of fate and personal conviction. In doing so, he not only embodies the essence of leadership but also illustrates how personal conviction can be a guiding force in the intricate dance between destiny and self-determination. This intricate interplay between personal determination and the larger forces of destiny is vividly captured in Shettima’s portrayal of President Tinubu’s leadership, where bold economic reforms are seen as pivotal moments that redefine national identity. 

Shettima’s depiction of Tinubu’s leadership serves as a testament to the belief that the convergence of personal attributes and fate can indeed propel a nation towards a redefined future, where courageous decisions become the cornerstone of historical transformation. Shettima’s perspective underscores the belief that the fusion of personal attributes such as courage and strategic foresight with the inexorable pull of fate can lead to transformative change. By weaving his narrative with elements of courage and strategic foresight, Shettima not only highlights the transformative potential inherent in the convergence of personal attributes and fate but also inspires a collective vision for progress that transcends individual ambitions. 

Indeed, Shettima’s narrative finds resonance in the broader context of leadership, where the alignment of individual virtues with the nation’s destiny becomes a catalyst for enduring change. In essence, Shettima’s articulation of Tinubu’s leadership is not merely a reflection of personal admiration but rather an acknowledgment of the profound impact that decisive leadership can have on the trajectory of a nation.

* James Bwala, PhD, writes from Abuja.

VP Kashim Shettima: A reflection of the interconnectedness between fate and personal attributes

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Rhetoric of Vice President Kashim Shettima: Speaks of Courage and Shaping History in President Tinubu’s Leadership

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Vice President Kashim Shettima

Rhetoric of Vice President Kashim Shettima: Speaks of Courage and Shaping History in President Tinubu’s Leadership

By: Dr. James Bwala

Vice President Kashim Shettima’s rhetoric surrounding President Bola Tinubu’s leadership underscores a narrative of courage and historical significance. Shettima consistently portrays Tinubu as a bold and decisive leader who confronts Nigeria’s most pressing challenges head-on, particularly in economic reforms like the removal of fuel subsidies and exchange rate realignment. He constantly emphasized that Tinubu is “taking the bullets” avoided by his predecessors; Shettima situates the president as a transformative figure whose decisions are not merely administrative but foundational acts shaping Nigeria’s future governance.

Shettima’s discourse highlights the interplay between courage and legacy. He suggests that Tinubu’s willingness to make unpopular yet necessary choices reflects a leadership style committed to long-term national benefit rather than short-term approval. This framing aligns with academic understandings of political rhetoric that seek to legitimize authority through appeals to sacrifice and historical destiny. In this light, Shettima positions Tinubu not only as a current leader but as an architect of history whose actions will ease burdens for future administrations.

Vice President Kashim Shettima often employs rhetoric that celebrates President Tinubu’s courage while emphasizing his role in shaping Nigerian history. By framing difficult policy decisions as acts of bravery and rewriting past leadership failures, Shettima constructs a compelling narrative that elevates Tinubu’s presidency within the nation’s political discourse. This rhetorical strategy serves both to defend contentious reforms and inspire confidence in ongoing governmental efforts toward sustainable development. Such rhetoric not only bolsters Tinubu’s image as a valiant leader but also sets the stage for a narrative where current sacrifices are deemed necessary investments for the nation’s prosperous future. 

This narrative not only fortifies Tinubu’s legacy but also seeks to galvanize public support for current and future reforms by framing them as essential steps toward a more resilient and prosperous Nigeria. By portraying Tinubu as a leader who tackles challenges head-on, Shettima not only seeks to enhance public trust but also attempts to foster a collective sense of purpose and resilience among Nigerians. 

Framing Tinubu’s leadership as a courageous endeavor that confronts and overcomes obstacles head-on, Shettima not only reinforces a narrative of resilience but also positions Nigeria on a trajectory toward transformative growth and stability. This portrayal of Tinubu as a transformative figure is further reinforced by Shettima’s framing of his leadership decisions as not merely necessary responses to immediate crises but as strategic moves designed to secure Nigeria’s long-term prosperity and stability. Drawing on the historical context and illustrating Tinubu’s actions as pivotal moments of courage, Shettima underscores the idea that these strategic choices are not just about immediate gains but about crafting a legacy that future generations will look back on with respect and gratitude. 

In this light, Shettima’s rhetoric not only elevates Tinubu’s actions as emblematic of courageous leadership but also aims to cement his legacy as a pivotal figure in Nigeria’s history. While emphasizing these transformative policies, Shettima not only paints a picture of Tinubu’s bravery in addressing Nigeria’s pressing issues but also frames these actions as essential steps in the nation’s journey towards sustainable development. His rhetoric consistently underscores the notion that Tinubu’s leadership is not only about immediate gains but also about ensuring a more resilient and prosperous future for Nigeria. 

Vice President Kashim Shettima’s rhetoric underscores this vision, portraying President Tinubu as a leader who is unafraid to confront the nation’s most pressing challenges head-on, thereby setting a precedent for future governance. By highlighting Tinubu’s willingness to make the difficult decisions that previous administrations had sidestepped, Shettima positions him as a trailblazer in Nigerian politics, not just as a leader of his time but as a transformative figure whose decisions echo through the annals of history. His speeches, often delivered with a fervor that matches the gravity of the challenges at hand, serve to rally both the government and citizens around a shared vision of progress and resilience. His words resonate with a sense of urgency and responsibility, suggesting that the bold initiatives undertaken by Tinubu are not merely political maneuvers but foundational shifts designed to safeguard the nation’s future. 

His rhetoric, therefore, not only celebrates Tinubu’s decisive actions but also frames them as pivotal moments in Nigeria’s political narrative, reinforcing the idea that true leadership is defined by the courage to act when others hesitate. Such rhetoric not only aims to inspire confidence in current governmental strategies but also to cultivate a legacy of courageous leadership that future generations can emulate. His articulation of these themes is bolstered by the tangible outcomes of Tinubu’s policies, which have already begun to reshape the economic landscape, demonstrating the real-world impact of courageous governance. 

As Shettima eloquently underscores, Tinubu’s leadership is not just about immediate gains but about laying the groundwork for a sustainable and prosperous future. In this context, Shettima’s rhetoric serves as both a testament to and a catalyst for the transformative impact of Tinubu’s leadership, illustrating how bold decisions today can redefine tomorrow’s possibilities. His consistent emphasis on the necessity of these decisions, particularly the removal of fuel subsidies and the stabilization of the forex market, underscores a commitment to long-term national interests over short-term political gains. 

Indeed, confronting these entrenched challenges head-on, Shettima argues, Tinubu is not only rewriting history but also providing a blueprint for future governance that prioritizes resilience and adaptability. His rhetoric, therefore, not only celebrates the present administration’s accomplishments but also serves as a clarion call for future leaders to embrace similarly bold and forward-thinking approaches.

* James Bwala, PhD, writes from Abuja.

Rhetoric of Vice President Kashim Shettima: Speaks of Courage and Shaping History in President Tinubu’s Leadership

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Shettima Welcomes Akwa Ibom Governor to APC, Says Tinubu Is a Bridge-Builder

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Shettima Welcomes Akwa Ibom Governor to APC, Says Tinubu Is a Bridge-Builder

Vice President Kashim Shettima has assured Akwa Ibom State Governor Umo Eno that his defection from the Peoples Democratic Party (PDP) to the All Progressives Congress (APC) is a decision he will never regret.

Speaking on Saturday in Uyo during a grand reception held at the Godswill Akpabio International Stadium, Shettima said President Bola Ahmed Tinubu personally sent a message to the governor, assuring him that the APC would be home to him and his supporters.

“This party is your home. You will not be humiliated. You will not be forsaken,” Shettima declared. “Mr. President asked me to assure you personally—no one will question your place here.”

Describing Tinubu as a “bridge-builder” and “deep-rooted democrat,” the Vice President praised the president’s enduring commitment to democratic values, recalling how he stood firm during challenging political periods in Nigeria’s history.

“Few figures in our national history have given as much and demanded so little in return,” Shettima said, referencing Tinubu’s past political sacrifices.

The Vice President noted that the APC is not a party driven by media hype but by vision, merit, and loyalty. “We are not just a political platform; we are a movement,” he added.

In his remarks, Governor Umo Eno said he joined the APC to align with the Tinubu-led administration’s “Renewed Hope” agenda and fast-track the realization of key infrastructural projects, including the long-delayed Deep Sea Port in Akwa Ibom.

“My progressive state movement is predicated on enlightened state interest—to support Mr. President’s bold and audacious reforms,” the governor said.

APC National Chairman, Dr. Abdullahi Ganduje, welcomed the governor and his supporters, hailing the massive turnout as a demonstration of public trust in the APC.

Senate President Godswill Akpabio emphasized the significance of the governor’s defection, describing it not as just a political move but as a full-fledged “movement.” He assured Akwa Ibom citizens of the federal government’s support for development projects in the state.

Other notable speakers included Imo State Governor and Chairman of the Progressive Governors Forum, Hope Uzodimma, who commended Governor Eno’s decision, and Cross River State Governor Bassey Otu, who declared the South-South zone’s full alignment with the federal government.

The event climaxed with the presentation of the APC flag and broom to Governor Eno, symbolizing his official welcome into the party and reaffirming the APC’s stance as a vehicle of national progress.

Shettima Welcomes Akwa Ibom Governor to APC, Says Tinubu Is a Bridge-Builder

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