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Rivers Govt Approves Release Of N78bn For Completion Of Projects

  The Rivers State Executive Council has approved the release of N78bn for the completion of various ongoing projects across sectors and flag-off of new … Continue reading Rivers Govt Approves Release Of N78bn For Completion Of Projects


A file photo of FCT Minister, Nyesom Wike
Governor Nyesom Wike

 

The Rivers State Executive Council has approved the release of N78bn for the completion of various ongoing projects across sectors and flag-off of new ones.

The approval was given at its meeting that was presided over by Governor Nyesom Wike at Government House in Port Harcourt on Wednesday.

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

“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 N1.8Billion, representing 80 percent of the capital provisions for the judiciary in the 2022 budget for the services of the Rivers State Judiciary.”

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Also speaking, the Commissioner for Health, Princewill Chike said the Ministry of health is not left out among ministries to benefit from the release of the funds.

“You remember in June last year, (2021) N26 billion was earmarked for that contract. It’s been completed, well furnished with the most modern medical equipment for the attack of different types of cancers.

“And the other thing that the health sector benefitted is the Rivers State University Teaching Hospital where we have Basic Clinical Faculty and the Clinical Faculty as well as the Renal and Dialysis Centre and the House Officers Quarters which have also been completed and will be commissioned.”