Governor Fubara surpasses FAAC, IGR target, receives N726 billion in 9 months – Report
Governor Siminalayi Fubara’s administration in Rivers State has received N726 billion in revenues in the last three quarters of the 2024 fiscal year, according to the Rivers State Budget Performance Report (BPR). The figure is an aggregate of all revenues received by the state government, including from the Federation Account Allocation Committee (FAAC), Independent Revenue otherwise called Internally Generated Revenue (IGR), Other receipts (Aid/Grant and Capital Development Fund), and the opening balance for 2024. The BPR is produced quarterly by the Ministry of Budget and Economic Planning, in conjunction with the Office of the Accountant General and Ministry of Finance,…
