Rivers 2024 Budget Nullified: Governor Fubara Insists on Oko Jumbo as Assembly Speaker

File Photo Of Martins Amaewhule And Victor Oko Jumbo

Port Harcourt, Rivers State – In a surprising twist, a Federal High Court in Abuja has nullified the passage of the N800 billion 2024 budget presented by Governor Siminalayi Fubara. The court’s decision has thrown the state’s financial plans into uncertainty.

Background

Governor Fubara had submitted the 2024 budget to the Rivers State House of Assembly for approval. However, the court’s ruling has rendered the budget invalid, sparking concerns about the state’s financial management.

Court Ruling

The Federal High Court’s decision was based on a suit filed by a group of lawmakers, challenging the constitutionality of the budget’s passage. The court ruled that the budget was not properly approved, citing irregularities in the legislative process.

Governor Fubara’s Response

Despite the court’s ruling, Governor Fubara remains resolute in his support for Oko Jumbo as the Rivers State Assembly Speaker. Fubara’s insistence on Jumbo’s leadership has sparked debate among lawmakers and stakeholders.

“We will explore all legal options to ensure the budget is reinstated,” Governor Fubara stated. “The people of Rivers State deserve effective governance, and we will not be deterred by this setback.”

Implications

The nullification of the budget raises concerns about:

1.⁠ ⁠Financial uncertainty: The state’s financial plans are now in limbo.

2.⁠ ⁠Project delays: Ongoing projects may be halted due to lack of funding.

3.⁠ ⁠Economic impact: The uncertainty may affect investor confidence.

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