Budget speech by His Excellency Commander A. P. Diete-Spiff, Military Governor of the Rivers State of Nigeria for the Financial Year 1974–1975
Date
1974
Authors
Journal Title
Journal ISSN
Volume Title
Publisher
Port Harcourt: Rivers state government
Abstract
• Introduction and Revenue Estimates • Tax Policy and Structure Modifications • Expenditure Allocation and Education Schemes • Health Services and Preventive Medicine • Rural Development, Social Welfare, and Co-operatives • Agricultural Expansion and Fisheries Projects • Trade, Industrial Surveys, and Regional Planning • Public Works, Infrastructure, and Transportation • Cultural Heritage, Sports, Administration, and Conclusion
Description
The Budget address presented by the Military Governor of Rivers State, Commander Alfred Papapereye Diete-Spiff, detailing the state’s financial plan for the 1974–1975 fiscal year. Titled around accelerating post-war growth and long-term capital investment, the address outlines an estimated total revenue of ₦110.6 million, supported by increased statutory shares of federal petroleum revenues and internal tax collections. The speech announces key tax structure reforms, including the abolition of post-war tax reliefs, to supplement public funds and sustain economic expansion amidst rising global inflation.