• About Us
  • Advertise
  • Privacy & Policy
  • Contact Us
  • Terms and Conditions
Wednesday, April 22, 2026
Verily News
No Result
View All Result
  • News
    • Breaking News
    • Global News
  • Politics
    • Political Analysis
    • Government & Policies
  • Business & Economy
    • DIY and FAQ
    • Product Reviews
  • Entertainment
    • Sports
    • Movie
    • Music
  • Technology
  • Trends
  • Fact-Check
    • Investigative Reports
  • Opinion
  • Share your story
  • News
    • Breaking News
    • Global News
  • Politics
    • Political Analysis
    • Government & Policies
  • Business & Economy
    • DIY and FAQ
    • Product Reviews
  • Entertainment
    • Sports
    • Movie
    • Music
  • Technology
  • Trends
  • Fact-Check
    • Investigative Reports
  • Opinion
  • Share your story
No Result
View All Result
No Result
View All Result
Home News Breaking News

Rivers Sole Administrator Ibas Appears Before Senate Over ₦1.48trn Budget

June 19, 2025
in Breaking News, News
Reading Time: 2 mins read
0
Photo of Ibas
Share on FacebookShare on TwitterShare on Linkedin
Spread the love

Vice Admiral Ibok-Ete Ibas (retd.), the Sole Administrator of Rivers State, appeared before the Senate on Thursday to defend the state’s proposed ₦1.48 trillion budget.

His arrival at the National Assembly complex was accompanied by other senior government officials and members of the state’s economic management team.

The appearance was in response to an invitation by the Senate Ad-Hoc Committee on Emergency Rule in Rivers State, which is reviewing the budget framework and expenditure plans instituted following the declaration of emergency rule in the state by President Bola Tinubu on March 18, 2025.

Senate authorities had earlier reiterated their commitment to safeguarding the interests of the Rivers people during this transitional governance period. The review aims to ensure that public funds are allocated responsibly and in alignment with the constitutional responsibilities of the federal and state governments under emergency administration.

The ₦1.48 trillion budget, one of the most substantial in the state’s recent history, has sparked widespread interest, given the unique political context of the emergency rule, the temporary suspension of democratic institutions in Rivers State, and the appointment of Ibas as sole administrator.

Ibas and his delegation are expected to provide a breakdown of projected revenues and proposed expenditures, detailing infrastructure priorities, welfare allocations, and contingency provisions.

Sources close to the hearing say lawmakers are particularly interested in transparency around capital projects and fiscal accountability mechanisms under the emergency regime.

The Senate had, in previous sessions, expressed concern over reports of potential financial mismanagement in the state and vowed to exercise strict oversight to ensure the well-being of the Rivers populace is not compromised.

More deliberations are expected following Ibas’ presentation, with the committee due to issue recommendations on whether to approve or amend the spending plan.

What You Should Know
Vice Admiral Ibok-Ete Ibas (retd.), appointed Sole Administrator of Rivers State under emergency rule, has defended the ₦1.48 trillion state budget before the Senate. The review is part of legislative oversight aimed at ensuring transparency and protecting the rights of citizens during the suspension of elected governance structures.

Tags: Ibok-Ete IbasNigerian SenateRivers State
Share197Tweet123Share35
Previous Post

Nigeria’s Power Grid Receives Major Boost as TCN Completes Infrastructure Upgrades

Next Post

Nigerian SEC Identifies Latest Cryptocurrency Fraud Targeting Local Investors

Related Posts

Photo of Unknown Gunmen

Two Dead as Gunmen Strike Plateau Community

by Victor Haruna
April 22, 2026
0

Suspected gunmen on Tuesday night carried out another deadly assault in Plateau State, killing two residents in Kuru community, located...

Kano Gov Abba Kabir Yusuf

Kano Gov Nominates New Deputy

by Victor Haruna
April 22, 2026
0

Governor Abba Yusuf has forwarded the name of Alhaji Murtala Sule Garo to the Kano State House of Assembly for...

Oil

Oil Dips as Iran Ceasefire Doubts Bite

by Victoria Ogbadu
April 22, 2026
0

Global oil prices slipped in early trading on Wednesday as investors weighed the fragile Washington-Tehran diplomacy and its grip on...

Photo of President Tinubu

Tinubu Reshuffles Cabinet, Replaces Finance Minister

by Victor Haruna
April 21, 2026
0

President Bola Ahmed Tinubu has sanctioned a modest reshuffle within the Federal Executive Council, introducing changes that affect key positions...

A Court gavel

FG Files Treason, Terrorism Charges Against Ex-Minister

by Victor Haruna
April 21, 2026
0

The Federal Government has filed a 13-count charge before a Federal High Court in Abuja against former Minister of State...

Load More
Next Post
SEC

Nigerian SEC Identifies Latest Cryptocurrency Fraud Targeting Local Investors

Israeli Hospital Destroyed

Israel-Iran Conflict Escalates as Hospital Hit, Nuclear Sites Targeted, and US Weighs Involvement

NYSC corp members

Benue Crisis: NYSC Relocates Corps Members from Danger Zones to Safe Locations

bank

Pound Strengthens as Bank of England Maintains 4.25% Interest Rate

olamide

Nigerian Superstar Olamide Releases Self-Titled Album with International A-List Features

Photo combo of JD Vance and Bluesky logo

JD Vance Joins X Rival Bluesky, Urges Followers to Follow Suit

President Tinubu in Kaduna

Tinubu Begins One-Day Working Visit to Kaduna, Commissions Rural Development Projects

kiddwaya

Kiddwaya Faces Backlash Over Benue Donation Request

Ibas at the Senate ad-hoc committee hearing

Rivers State Budget Revised Upward to ₦1.846trn

NASRDA Space Deal

Nigeria Takes Giant Leap in Satellite Connectivity with Galaxy Space Deal

  • Trending
  • Comments
  • Latest
cbn governor olayemi cardoso

CBN Approves Merger Between Two Banks

February 23, 2026
2027: APC Governors Endorse Next Senate President After Akpabio

APC Governorship Candidate Joins ADC

March 16, 2026
NNPC Increases Petrol Price

NNPC Reduces Fuel Price

March 17, 2026
Kenya Airways

Viral video: Drama at Airport as Nigerian Woman Clashes with Kenya Airways Over Visa Issue

0
NLC

NLC Suspends Nationwide Protest Over Telecom Tariff Hike

0
VeryDarkMan

VeryDarkMan Vows to Uncover Truth in Mercy Chinwo and Ex-Manager’s Controversy

0
Photo of Unknown Gunmen

Two Dead as Gunmen Strike Plateau Community

April 22, 2026
Kano Gov Abba Kabir Yusuf

Kano Gov Nominates New Deputy

April 22, 2026
Labour Party

Tension As Labour Party Leadership Battle Escalates

April 22, 2026
Verily News

Copyright © 2025 Verily News.

Navigate Site

  • About Us
  • Advertise
  • Privacy & Policy
  • Contact Us
  • Terms and Conditions

Follow Us

No Result
View All Result
  • News
    • Breaking News
    • Global News
  • Politics
    • Political Analysis
    • Government & Policies
  • Business & Economy
    • DIY and FAQ
    • Product Reviews
  • Entertainment
    • Sports
    • Movie
    • Music
  • Technology
  • Trends
  • Fact-Check
    • Investigative Reports
  • Opinion
  • Share your story

Copyright © 2025 Verily News.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
Get Breaking News Alerts on WhatsApp