Governor Siminalayi Fubara has confirmed that Rivers State's treasury held about ₦600 billion upon his return to office after a six-month state of emergency. He made the disclosure while commissioning a major road project, emphasizing his administration's commitment to fiscal discipline and transparency.
Governor Siminalayi Fubara of Rivers State revealed that the state's treasury contained approximately ₦600 billion when he resumed office following a six-month period of emergency rule. This statement came during the commissioning of the 14.2-kilometre Obodhi–Ozochi Road, which connects communities in Ahoada East and Ahoada West local government areas.
Fubara explained that over ₦300 billion had been allocated and set aside in the state's coffers prior to the emergency period, leaving the ₦600 billion balance available upon his return. He underscored that fiscal discipline and accountability are core to his leadership, promising to release detailed evidence on the deployment of public funds for various projects and programs.
Dismissing accusations of mismanagement, the governor attributed some criticisms to his preference for substantive project execution over flashy ceremonial events. He highlighted ongoing initiatives with broad statewide benefits, stating, “Every available resource is being applied strictly in the interest of Rivers State and its people.” Visible progress across the state, he added, demonstrates responsible governance.
The Obodhi–Ozochi Road project originated under his predecessor, Nyesom Wike, during the 2023 general elections. Fubara's administration extended it by an additional 4.2 kilometres to better serve community needs and enhance access. At the event, he also greenlit requests for internal roads in the affected areas, pointing to continued infrastructure development.
Reaffirming transparency, Fubara asserted that his government's financial records would hold up under any impartial review. He committed to publishing expenditure and financing details within six months, enabling residents to evaluate resource utilization. Additionally, he encouraged Edison Ehie, a former lawmaker and his ex-chief of staff, to channel the event's strong turnout into political support for President Bola Tinubu's re-election efforts.
Fubara's administration plans to prioritize infrastructure and prudent financial oversight, measuring success by tangible development outcomes rather than public displays.
