Close Menu
    Facebook X (Twitter) Instagram YouTube
    Advertise with us Saturday, June 14
    Facebook X (Twitter) Instagram
    Platform TimesPlatform Times
    VIDEOS
    • Home
    • News
    • Metro
    • Politics
    • Business
    • Education
    • Health
    • Special Reports
    • Entertainment
    • Sports
    • Interview
    Platform TimesPlatform Times
    • Home
    • News
    • Metro
    • Politics
    • Business
    • Education
    • Health
    • Special Reports
    • Entertainment
    • Sports
    • Interview
    Home»Featured

    Rivers Emergency: Ibas Defends N1.481tn Budget Before House Committee

    adminBy adminJune 11, 2025 Featured No Comments2 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email

    Sole Administrator of Rivers State, Vice Admiral Ibok-Ete Ibas (retd), on Wednesday appeared before an ad-hoc committee of the House of Representatives to defend the N1.481 trillion 2025 budget earlier submitted by President Bola Tinubu and approved by the National Assembly.

    The budget, which was presented to the House on May 22, 2025, is part of emergency measures put in place following the suspension of the elected government in Rivers State and the declaration of a state of emergency in the oil-rich state.

    The proposal was passed through second reading and committed to the committee for further scrutiny. It is considered the largest fiscal intervention for a state under emergency rule in Nigeria’s recent history.

    Addressing lawmakers during the session, Ibas disclosed that the budget was crafted with strategic intent, focusing on priority areas to stabilize the state and ensure governance continuity amid political tensions.

    He stated, “The budget was designed to address critical sectors and ensure impactful interventions across the board, given the prevailing situation in the state. We have aligned our projections with realistic expectations under the emergency administration.”

    The retired naval officer revealed that the initial preparation of the budget was hampered by a lack of cooperation from some officials of the suspended administration.

    “At the time of preparing the budget, we faced challenges in accessing essential data. Some officials withheld vital information, which affected the comprehensiveness of the proposal, especially in capturing actual expenditures and liabilities,” he lamented.

    Despite the hurdles, Ibas assured the lawmakers that the funds would be prudently managed to restore normalcy and maintain public confidence in government operations.

    The ad-hoc committee, chaired by [Insert Committee Chair’s Name if available], is expected to submit its report in the coming weeks after reviewing the proposed expenditure framework and planned interventions.

    The Rivers State emergency budget comes amidst ongoing debates over federal intervention in state affairs, with stakeholders divided over the legality and political implications of the President’s decision.

    Pelican Valley'
    Cattle Bizness Network'
    The Rehla'
    Pelican Valley'

    Do you want to share a story with us? Do you want to advertise with us? Do you need publicity for a product, service, or event? Contact us on WhatsApp +2348183319097 Email: platformtimes@gmail.com

    We are committed to impactful investigative journalism for human interest and social justice. Your donation will help us tell more stories. Kindly donate any amount HERE

    Pelican Valley
    admin
    • Website

    Platform Times is a trailblazing news website that empowers grassroots communities across Africa by delivering the latest news through engaging multimedia content. By leveraging photos, text, and videos, the site inspires concerned citizens and activists worldwide to take action against critical issues, including corruption, poverty, environmental degradation, and democratic disregard.

    Keep Reading

    Lagos, Oyo Dominate As South-West LGAs Share ₦81 Billion In One-Month Allocation

    No Law Criminalises Dreadlocks, Tattoos, Tinted Hair – Ogun CP

    Wike Defends Naming ICC After Tinubu, Dismisses Critics As Lacking Taste

    Transparency Centre Demands Completion Of 377 Abandoned NASS Probes Since 1999

    Court Admits Smuggled ‘Radio Biafra’ Transmitter Linked To Kanu, DSS Alleges Plot To Destabilise Nigeria

    I Was Naive When I Criticised You, Bello El-Rufai Tenders Apology To Jonathan

    Add A Comment

    Comments are closed.

    The Rehla
    The Rehla
    The Rehla
    Pelican Valley
    Pelican Valley
    Pelican Valley
    Advertisement
    Advertisement
    Advertisement
    Advertisement
    Cattle Bizness Network
    Cattle Bizness Network
    Cattle Bizness Network
    Pelican Valley
    Pelican Valley
    Pelican Valley

    Platform Times is a trailblazing news website that empowers grassroots communities across Africa by delivering the latest news through engaging multimedia content. By leveraging photos, text, and videos, the site inspires concerned citizens and activists worldwide to take action against critical issues, including corruption, poverty, environmental degradation, and democratic disregard.

    We're social. Connect with us:

    Facebook X (Twitter) Instagram Pinterest YouTube
    • About Us
    • Advertise
    • Contact Us
    • Disclaimer
    • Download Platform Times app

    Subscribe to Updates

    Get the latest update news

    Facebook X (Twitter) Instagram Pinterest
    • About Us
    • Advertise
    • Contact Us
    • Disclaimer
    • Download Platform Times app
    © 2025, All Rights Reserved | Platform Times Newspaper | Powered By CyberWarrior

    Type above and press Enter to search. Press Esc to cancel.