Rivers Releases N78bn For Projects

Rivers State Executive Council (SEC) has approved the release of N78 billion for the completion of ongoing projects in various sectors and flagged off new ones.

The approval was given yesterday at its meeting presided over by Governor Nyesom Ezenwo Wike at the Government House in Port Harcourt.

Briefing journalists after the meeting, the commissioner for Finance, Budget and Economic Planning, Dr Isaac Kamalu, said the approval was made to ensure that ongoing projects were not left uncompleted by the contractors for lack of fund.

He said, “The Rivers State Government has released the sum of N78billion for payment of ongoing projects and flag off of new projects across all the local government areas in the state.

“Again, the government has specifically released the sum of N1.8bn representing 80 percent of the capital provisions for the judiciary in the 2022 budget for the services of the Rivers State Judiciary.”

Also, the commissioner for Health, Prof. Princewill Chike, said the Ministry of Health was not left out among ministries to benefit from the release of the funds.

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