Reps Kick As Ibas Allocates N24bn For CCTV, N30bn For Gunboats In Rivers’ Budget
Reps kick as Ibas allocates N24bn for CCTV, N30bn for gunboats in Rivers’ 2025 budget The house of representatives ad hoc committee on the oversight of Rivers has faulted Ibok-Ete Ibas, sole administrator of the state, over some proposed expenditures in the N1.48 trillion 2025 budget. On June 25, the senate passed the N1.48 trillion appropriation bill for Rivers state. According to the budget breakdown, N120.8 billion is earmarked for debt servicing, N287.38 billion for recurrent (non-debt) expenditure, while N1.077 trillion will be invested in capital projects. Speaking during a budget defence session in Abuja on Monday, Julius Ihonvbere, majority leader of the house and chair of the ad hoc committee on Rivers, said the committee had reviewed the proposal and flagged multiple concerns. Ihonvbere queried the N24 billion earmarked for CCTV, N30 billion allocated for gunboats, and N23 billion for contingency allocations in the Rivers’ budget, demanding a breakdown and ...