Fubara announces IGR surge from N11 billion to N26 billion monthly in Rivers State

Governor Siminalayi Fubara of Rivers State

By Emmanuel Babafemi

Rivers State Governor, Siminalayi Fubara, has revealed a remarkable surge in the state’s monthly Internally Generated Revenue (IGR), soaring from N11 billion to an impressive N26 billion.

During an address to the House of Representatives Committee on Public Accounts, Governor Fubara expressed gratitude for their visit to the Government House in Port Harcourt.

He highlighted the significant increase in revenue within just one year of his tenure, emphasizing its potential impact on vital sectors.

In his address, Governor Fubara outlined his administration’s commitment to strategic investment, stating, “We pledge to allocate the increased funds primarily to agriculture, education, and healthcare.”

This commitment reflects the governor’s vision to bolster key sectors crucial for the state’s development and welfare of its citizens.

The governor also took the opportunity to address the prevailing political crisis within the state, commending his Deputy, Ngozi Odu, for her steadfast support amidst internal party opposition.

He urged federal lawmakers to prioritise integrity in governance, stating, “Our victory is attributed to our unwavering commitment to ethical leadership.”

Chairman of the House of Representatives Committee on Public Accounts, Bamidele Salam, praised Governor Fubara’s administration for its focused efforts in delivering good governance despite political challenges.

Salam highlighted the state’s achievements, including the curbing of public resource leakages and the construction of vital infrastructure projects.

Governor Fubara reiterated his dedication to transparency and accountability in managing state resources, drawing from his experience as the former Accountant General of Rivers State.

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He emphasized that the majority of his administration’s projects have been funded through the increased IGR, without resorting to borrowing.

In conclusion, Governor Fubara emphasised the importance of a strong relationship with the House of Representatives Committee on Public Accounts to maintain the state’s solid financial record.

He affirmed his commitment to continue delivering good governance and driving development initiatives in Rivers State.