Rivers LG Leaves 2025 Budget At N12.54bn
Barikui Felix, Port Harcourt
In keeping with the provisions of the Rivers State Local Government Law 2018 and other extant regulations, the Chairman of Khana Local Government Area in Rivers State, Martins Nwigbo, has presented an appropriation bill of N12,548,352,099.75 for the 2025 fiscal year to the Khana Legislative Assembly for consideration and passage.
Presenting the bill before the Councillors, Nwigbo stated that the budget is structured to consolidate the gains of his first 100 days in office while driving transformative growth across all council sectors.
According to the bill, 49.1 per cent of the budget is for recurrent expenditures, amounting to N6,164,868,573.26, while 50.9 per cent is for capital expenditures, amounting to N6,383,483,526.49. The bill focuses on infrastructural development, education, healthcare, electricity supply, economic empowerment, and agriculture.
He explained that the budget will be financed through statutory allocations, improved revenue generation, and partnerships with the federal and state governments, non-governmental organizations (NGOs), and development partners.
Nwigboappealed for legislative support for its speedy passage, emphasizing that the budget’s success depends on the collaboration between the executive and legislative arms of the council.
He further reaffirmed his administration’s commitment to transparency, accountability, and judicious fund management, urging for unity between himself and the lawmakers to achieve the vision of a greater Khana.
