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2023: Wike Presents N550.6bn Budget To Assembly … Capital Expenditure To Gulp N350, 977,495,537.00 … To Spend N73.460bn On MDAs’ Salaries N7.758bn On New Recruits … N33.6bn On Monthly Pensions N12bn On Gratuities, Death Benefits
Rivers State Governor, Chief Nyesom Wike, has presented the 2023 Appropriation Bill to the State House of Assembly for consideration.
The governor, who christened the 2023 appropriation bill, ‘Budget of Consolidation and Continuity’, said it comprises capital and recurrent expenditure of N550, 666,987,238.00 for the fiscal year 2023.
Presenting the budget before the state lawmakers, yesterday in Port Harcourt, Wike explained that his administration has projected the sum of 350,977,495,537.00 as Capital Expenditure for the fiscal year 2023.
“This amount represents about 63.2percent of the total budget and conforms to our practice of prioritising capital expenditures over recurrent.”
Under capital expenditure, Wike said the state would spend N114,264,480,208 on infrastructure, N36,999,486,717 specifically on education and N31,500,002,023 on health.
“Accordingly, the sum of N114,264,480,208 is provided in the 2023 capital budget estimate to fund the completion of all ongoing roads and other physical infrastructural projects awarded by our administration.”
In the 2023 budget proposal, Wike said his administration has also proposed a Recurrent Expenditure of N175,249,692,497à, representing about 31pecent of the total budget for the 2023 fiscal year.
The governor explained that in 2023, the state would expend N73,460,278,307 on salaries (Ministries/Departments/Parastatals), N7,758,772,851 on new recruitment, N33.6billion on monthly pensions as well as N12billion on gratuities/death benefits.
Wike said the fiscal year 2023 budget is targeted at delivering economic growth, additional infrastructure and prosperity for citizens.
He stated that while no new projects may be awarded, except where such is considered very significant, the administration shall galvanise efforts and resources to complete all ongoing projects so that the new government can start on a clean slate, unencumbered.
The governor said in 2021 and 2022, the state government introduced several fiscal measures, including a moratorium on external borrowing to achieve economic growth, fiscal discipline and financial consolidation.
These measures, according to him, have significantly blocked revenue leakages, improved the state capacity for internal revenue generation and prevented unsustainable deficit financing.
“We have, therefore, resolved to continue with the existing fiscal measures for the year 2023. This means that there would be no increase in tax rates. No new taxes will also be introduced.
“However, we will continue to intensify our drive to significantly improve IGR by expanding opportunities for more investments, industrialization and efficient tax collection.”
The governor disclosed that the state remains determined to reduce its dependence on statutory federal allocations to finance its budget and development.
To this end, he urged other sister states to join Rivers in the struggle to secure the right to impose and collect VAT at the sub-national level.
Reviewing the 2022 budget performance, Wike explained that the approved total budget of the state was N420, 485,053,736.00 only.
He disclosed that by the end of October, 2022, total revenue receipts of the state stood at N321, 250,781,228.91, only about 70percent performance, while, the total receipts from internally generated revenue (IGR) was N112.099billion.
This, according to him, represents 25percent performance above the figure of 2021 for the same period but over 50percent less than the projected sum for 2022.
“The shortfall in IGR is attributed to our inability to collect the projected proceeds from value-added tax following the stay of execution ordered by the Court of Appeal, which we have appealed to the Supreme Court.
“Furthermore, augmentation from the Federal Government accounts for the nominal increase recorded in the allocations from the Federation Account Allocation Committee (FAAC). In other words, the 2022 budget performance did not also meet projected receipts from FAAC.
“Nevertheless, the aggregate performance of the budget on the revenue side stood at over 90percent at the end of October 2022.”
Wike revealed that the sum of N5billion has been proposed under Special Projects to introduce and fund a free feeding programme for pupils in state primary schools to increase and sustain enrolments and reduce poverty.
He said the state has further provided N4billion under Special Projects to fund free medical care for nursing mothers and children for the fiscal year 2023.
The Rivers State governor said although this is the last lap of his tenure, the administration was resolved to continue to advance Rivers development and secure its future.
“We are, therefore, poised to use the 2023 budget to deliver more transformative infrastructure and other strategic projects and services and move our dear state closer to the point of self-sustainability.”
The Speaker, Rivers State House of Assembly, Rt. Hon. Ikuinyi-Owaji Ibani, noted that the governor has through prudent allocation of resources put in place a roadmap for the development of the state.
Ibani, who commended the governor for his achievements in the past seven years, noted that his numerous infrastructural projects would positively impact on the development of the state in future.
Rivers State Governor, Sir Siminialayi Fubara, has dissolved the State Executive Council.
The governor announced the cabinet dissolution yesterday in a statement titled ‘Government Special Announcement’, signed by his new Chief Press Secretary, Onwuka Nzeshi.
Governor Fubara directed all Commissioners and Special Advisers to hand over to the Permanent Secretaries or the most Senior officers in their Ministries with immediate effect.
He thanked the outgoing members of the State Executive Council for their service and wished them the best in their future endeavours.
The three-paragraph special announcement read, “His Excellency, Sir Siminalayi Fubara, GSSRS, Governor of Rivers State, has dissolved the State Executive Council.
“His Excellency, the Governor, has therefore directed all Commissioners and Special Advisers to hand over to the Permanent Secretaries or the most Senior officers in their Ministries with immediate effect.
“His Excellency further expresses his deepest appreciation to the outgoing members of the Executive Council wishing them the best in their future endeavours.”
The Independent National Electoral Commission (INEC) yesterday told the National Assembly that it requires N873.78bn to conduct the 2027 general elections, even as it seeks N171bn to fund its operations in the 2026 fiscal year.
INEC Chairman, Prof Joash Amupitan, made the disclosure while presenting the commission’s 2026 budget proposal and the projected cost for the 2027 general elections before the National Assembly Joint Committee on Electoral Matters in Abuja.
According to Amupitan, the N873.78bn election budget covers the full conduct of national polls in 2027.
An additional N171bn is needed to support INEC’s routine activities in 2026, including bye-elections and off-season elections, the commission stated.
The INEC boss said the proposed election budget does not include a fresh request from the National Youth Service Corps seeking increased allowances for corps members engaged as ad-hoc staff during elections.
He explained that, although the details of specific line items were not exhaustively presented, the almost N1tn election budget is structured across five major components.
“N379.75bn is for operational costs, N92.32bn for administrative costs, N209.21bn for technological costs, N154.91bn for election capital costs and N42.61bn for miscellaneous expenses,” Amupitan said.
The INEC chief noted that the budget was prepared “in line with Section 3(3) of the Electoral Act 2022, which mandates the Commission to prepare its election budget at least one year before the general election.”
On the 2026 fiscal year, Amupitan disclosed that the Ministry of Finance provided an envelope of N140bn, stressing, however, that “INEC is proposing a total expenditure of N171bn.”
The breakdown includes N109bn for personnel costs, N18.7bn for overheads, N42.63bn for election-related activities and N1.4bn for capital expenditure.
He argued that the envelope budgeting system is not suitable for the Commission’s operations, noting that INEC’s activities often require urgent and flexible funding.
Amupitan also identified the lack of a dedicated communications network as a major operational challenge, adding that if the commission develops its own network infrastructure, Nigerians would be in a better position to hold it accountable for any technical glitches.
Speaking at the session, Senator Adams Oshiomhole (APC, Edo North) said external agencies should not dictate the budgeting framework for INEC, given the unique and sensitive nature of its mandate.
He advocated that the envelope budgeting model should be set aside.
He urged the National Assembly to work with INEC’s financial proposal to avoid future instances of possible underfunding.
In the same vein, a member of the House of Representatives from Edo State, Billy Osawaru, called for INEC’s budget to be placed on first-line charge as provided in the Constitution, with funds released in full and on time to enable the Commission to plan early enough for the 2027 general election.
The Joint Committee approved a motion recommending the one-time release of the Commission’s annual budget.
The committee also said it would consider the NYSC’s request for about N32bn to increase allowances for corps members to N125,000 each when engaged for election duties.
The Chairman of the Senate Committee on INEC, Senator Simon Along, assured that the National Assembly would work closely with the Commission to ensure it receives the necessary support for the successful conduct of the 2027 general elections.
Similarly, the Chairman of the House Committee on Electoral Matters, Bayo Balogun, also pledged legislative support, warning INEC to be careful about promises it might be unable to keep.
He recalled that during the 2023 general election, INEC made strong assurances about uploading results to the INEC Result Viewing portal, creating the impression that results could be monitored in real time.
“iREV was not even in the Electoral Act; it was only in INEC regulations. So, be careful how you make promises,” Balogun warned.
The N873.78bn proposed by INEC for next year’s general election is a significant increase from the N313.4bn released to the Commission by the Federal Government for the conduct of the 2023 general election.
President Bola Tinubu yesterday expressed grief over the death of a former President of the Academic Staff Union of Universities and one of Africa’s foremost literary scholars, Professor Emeritus Biodun Jeyifo.
Jeyifo passed away on Wednesday, drawing tributes from across Nigeria and the global academic community.
In a condolence message to the family, friends, and associates of the late scholar, Tinubu in a statement by his spokesperson, Bayo Onanuga, described Jeyifo as a towering intellectual whose contributions to African literature, postcolonial studies, and cultural theory left an enduring legacy.
He noted that the late professor would be sorely missed for his incisive criticism and masterful interpretations of the works of Nobel laureate, Professor Wole Soyinka.
The President also recalled Jeyifo’s leadership of ASUU, praising the temperance, foresight, and wisdom he brought to the union over the years.
Tinubu said Jeyifo played a key role in shaping negotiation frameworks with the government aimed at improving working conditions for university staff and enhancing the learning environment in Nigerian universities.
According to the President, Professor Jeyifo’s longstanding advocacy for academic freedom and social justice will continue to inspire generations.
He added that the late scholar’s influence extended beyond academia into political and cultural journalism, where he served as a mentor to numerous scholars, writers, and activists.
Tinubu condoled with ASUU, the Nigerian Academy of Letters, the Wole Soyinka Centre for Investigative Journalism, the University of Ibadan, Obafemi Awolowo University, Oberlin University, Cornell University, and Harvard University—institutions where Jeyifo studied, taught, or made significant scholarly contributions.
“Nigeria and the global academic community have lost a towering figure and outstanding global citizen,” the President said.
“Professor Biodun Jeyifo was an intellectual giant who dedicated his entire life to knowledge production and the promotion of human dignity. I share a strong personal relationship with him. His contributions to literary and cultural advancement and to society at large will be missed.”
Jeyifo was widely regarded as one of Africa’s most influential literary critics and public intellectuals. Among several honours, he received the prestigious W.E.B. Du Bois Medal in 2019.