N27bn: Rivers Governor Fubara achieves over 100% increase in monthly revenue

Rivers State Governor, Siminalayi Fubara, has unveiled a remarkable feat in the state’s financial landscape, announcing a significant surge in the monthly Internally Generated Revenue (IGR).

“From approximately N11 billion under the previous administration, we have witnessed a substantial leap to between N26 and N27 billion in just about one year of our tenure,” Governor Fubara disclosed.

The governor made this declaration during an address to members of the House of Representatives Committee on Public Account, who paid a courtesy visit to him at the Government House in Port Harcourt on Friday to commend his administration for hosting their retreat.

Expressing gratitude to the Reps Committee for choosing Rivers for their retreat, Governor Fubara assured that the increased funds would be primarily channeled into agriculture, education, and healthcare sectors.

“Our visit here challenges negative perceptions about the state and reaffirms our commitment to good governance despite prevailing political crises,” Governor Fubara affirmed.

Highlighting some of his administration’s milestones, the governor cited the promotion of over 52,000 civil servants who had not seen promotion for 11 years, resulting in a rise in the state’s wage bill.

Fubara reiterated his administration’s stance on combating social vices through education and job creation.

Drawing from his prior experience as the Accountant General of Rivers State, Fubara emphasised transparency and accountability in managing state resources, noting that a majority of projects have been funded through IGR without resorting to borrowing.

In addressing the political unrest in Rivers State, Governor Fubara praised his Deputy, Ngozi Odu, for standing by him amidst internal opposition within their party, the Peoples Democratic Party (PDP).

The House of Representatives Committee on Public Account, led by Chairman Bamidele Salam, commended Governor Fubara for his dedication to good governance despite political challenges, acknowledging Rivers State as a model for others to emulate.