Ibas made this known in Abuja while defending the budget before the House of Representatives Ad-Hoc Committee on Rivers State Oversight.
According to him, the proposed budget aligns with the strategic objectives of the River State Development Plan 2017-2027.
He also noted that the proposal presents a strategic and integrated framework designed to raise revenues and accelerate infrastructure development, enhance human capital, and promote inclusive economic growth across all sectors.
He, however, accused some suspected Rivers State officials of failure to provide the administration with useful information required to prepare the budget proposal.
Ibas added that some state officials withheld critical information required to ensure a more complete capture of those expenditures at the time of submission of the budget estimates.
The budget, totalling ₦1.48tn in expenditure with a projected ₦1.4tn in revenue, was transmitted to the National Assembly following presidential approval after the Supreme Court ruled on the legality of the Rivers State 2025 appropriation process.
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