In what he christened Golden Jubilee Appropriation; Governor WIKE set aside seventy-five percent of the sum for capital expenditure.
That represents three hundred and twenty-nine billion naira; while one hundred and forty-one billion naira will take care of recurrent expenditure.
Further breakdown of the budget for the incoming fiscal year indicates that education will gulp thirty billion naira while twenty-seven billion naira is dedicated to the health sector.
Security related expenditure of the Rivers State government next year will take fifteen billion naira, while general infrastructure will receive seventy-seven billion naira.
After listening to the budget presentation; the Speaker of the House, DABOTORUDIMA ADAMS has directed the Committee on Appropriation to work on the proposals by liasing with the relevant ministries.
The Committee is expected to submit its findings at the next sitting of the House of Assembly.
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