Business
Commissioner Attributes Amaechi’s Strides To Effective Budgeting
The Rivers State Commissioner for Finance, George Feyii, had attributed the giant strides of the Amaechi administration in projects execution to an effective budgeting process. Feyii made the declaration while addressing members of the Institute of Chartered Accountants of Nigeria (ICAN) during a courtesy call in his office in Port Harcourt.
According to the finance commissioner, for resources to be deployed to save people’s interest satisfactorily, it must be carried through a proper planning process which should be documented to serve as a guide and working document.
He noted that the absence of such a planning process will incapacitate the development process in any given system.
He added that the Amaechi administration had followed its budget in a very pragmatic way as emphasis is placed on proper planning and budgeting complemented with financial control in places that are necessary to make sure resources are channelled to the right source.
The Finance Commissioner said development projects can be sustained if there is continuous flow of resources especially through internally generated revenue.
He explained government’s decision to refocus on taxation was a healthy one which is the proper source of financing government activities.
Earlier, the ICAN Chairman of the district, Elder Michael Ibekwe, in his office had lauded Governor Chibuike Amaechi for his passionate drive for good governance in the state and for giving place to professionalism in his appointments.
According to him, with the redeployment of Dr George Nweke as Permanent Secretary of the Ministry, they are sure that the duo would set Rivers State to blaze the trail in the country such that even Lagos State would need to borrow a leaf from Rivers in terms of internally generated revenue.

Governor of Rivers State, Rt. Hon. Rotimi Chibuike Amaaechi (left),having a warm handshake with chairman Aso Finance and Loans Company, Collins Chukeluba, during the commissioning ceremony of Aso, Port Harcourt Branch, along Aba Road, recently. Photo: King Osila
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