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The Digest:

Rivers State Governor Siminalayi Fubara has revealed that his administration inherited over ₦600 billion in state funds following the lifting of the presidential emergency rule. The governor made the disclosure while commissioning a road project, countering legislative criticisms over public fund utilization and affirming his commitment to transparent governance.

Key Points:
  • Governor Fubara stated he met over ₦600 billion upon resuming office post-emergency rule.
  • He claimed his government had left ₦300 billion in state accounts before the emergency was declared.
  • The remarks were a response to questions from Assembly Speaker Martin Amaewhule about fund usage.
  • Amaewhule had cited poor conditions in public schools despite the large financial handover.
  • Fubara assured that all expenditure records are intact, open, and verifiable.
  • He pledged to provide a detailed account of project spending within six months.
  • The governor emphasized his preference for commissioning completed projects over frequent flag-offs.

Sources: The Cable