Rivers State Executive Council has approved a budget proposal of N478,660,773,476 for 2021 fiscal year.
The approval was given during the council meeting, which was presided over by the state governor, Nyesom Wike at the Government House, Port Harcourt.
Commissioner for Finance, Mr. Isaac Kamalu who briefed journalists after the meeting said the proposed budgetary estimate will 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 supervising the state Ministry of Budget and Economic Planning, said the council also approved the Medium Term Expenditure Framework for the
state for 2021-2023.
Addressing journalists, Commissioner for Information and Communications, Paulinus Nsirim said the council further approved a budget for use by the Rivers State Independent Electoral Commission (RSIEC).
The budget will enable the state electoral umpire to conduct the 2021 Local Government election in the state.
According to him, a total sum of N2,747,351,405.13 was approved for RSIEC, for the election.
The commissioner, further said that the council also approved the construction of a new motor park as part of the urban renewal programme of the government.