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Rivers State Governor, Siminalayi Fubara, has announced a milestone in the state’s financial growth, revealing a remarkable increase of over 100% in the monthly Internally Generated Revenue (IGR).
During an address to members of the House of Representatives Committee on Public Account at the Government House in Port Harcourt, Governor Fubara disclosed that the state’s IGR has surged from approximately N11 billion to between N26 and N27 billion within just one year of his tenure.
The governor expressed gratitude to the Committee for choosing Rivers as the venue for their retreat, highlighting the event as a platform to challenge negative perceptions about the state.
He reiterated his administration’s commitment to utilizing the increased funds primarily for agriculture, education, and healthcare sectors.
Governor Fubara also outlined key achievements under his leadership, including the promotion of over 52,000 civil servants who had long awaited advancements in their careers. He emphasized a strong focus on combating social vices through educational initiatives and job creation.
Drawing from his experience as the former Accountant General of Rivers, Fubara underscored his dedication to transparency and accountability in managing state resources.
He highlighted that the majority of his administration’s projects have been funded through the IGR without resorting to borrowing.
Addressing the political crisis within Rivers State, Governor Fubara commended his Deputy, Ngozi Odu, for her unwavering support amidst internal opposition attempts within the Peoples Democratic Party (PDP).
Chairman of the House of Representatives Committee on Public Account, Bamidele Salam, praised Governor Fubara’s administration for its focused efforts in delivering good governance despite political challenges. Salam suggested that Rivers State could serve as a model for other states in terms of public accountability and resource management.
The retreat in Port Harcourt, according to Salam, aims to review objectives on public accountability, with Rivers State chosen for its peaceful environment and effective governance under Governor Fubara’s leadership.
