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Rivers Assembly Approves MTEF …As Wike Presents Budget, Today …Sets Aside N2.7bn For LG Polls

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The Rivers State House of Assembly, yesterday, passed and approved the state’s Medium Term Expenditure Framework 2021 to 2023.
It also announced formal plans by the state Governor, Chief Nyesom Wike, to present the 2021 budget, today.
This follows a letter from the Rivers State Governor, Chief Nyesom Wike, to the House for the approval of the MTEF 2021 to 2023.
The Majority Leader of the House, Hon. Martin Amaewhule, who led the debate on the floor of the House, said the state Medium Term Expenditure Framework 2021 to 2023 was in line with the state’s Fiscal Responsibility Law of 2010.
The Speaker, Rt. Hon Ikuinyi-Owaji Ibani, in his submission, said the MTEF would have positive impact in the state.
As part of plans to present the state’s 2021 Appropriation Bill to the House, the Rivers State Executive Council had after a meeting, last Monday, approved a budget proposal of N478, 660, 773, 476 for 2021 fiscal year.
The Commissioner for Finance, Hon Isaac Kamalu, who briefed journalists after the meeting, at the Banquet Hall of Government House, Port Harcourt, said the proposed budgetary estimate would help government to accomplish all ongoing projects in the state, and also enable the government to make life better for the people.
Kamalu, who is also supervises the state Ministry of Budget and Economic Planning, said the council further approved the Medium Term Expenditure Framework for the state for 2021-2023.
Also addressing the journalists, the Commissioner for Information and Communications, Pastor Paulinus Nsirim, said that the council further approved a budget for the Rivers State Independent Electoral Commission (RSIEC).
The budget would enable the state electoral umpire to conduct the 2021 Local Government Elections tentatively in April.
According to him, a total sum of N2, 747, 351, 405.13 was approved for RSIEC, which is expected to conduct the local government election in line with 1999 Constitution.
Nsirim further said that the council also approved the construction of a new motor park within the precinct of the newly commissioned Rebisi Flyover, which is intended to curb activities of illegal park operators in that axis.
“This is in line with the urban renewal vision of His Excellency. Recall that the new Rebisi Flyover Bridge that was commissioned a few weeks ago has changed the landscape and skyline in that vicinity.
“And to ensure that the illegal motor parks around the flyover do not deface the aesthetics that have been achieved, government is acquiring land near the flyover bridge to build a befitting motor park for them”, he added.

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