Fubara said the estimate was aimed at promoting economic development through inclusive growth and address socio-economic inequality in the state.
The Ehie-group had before the arrival of the governor, met and declared vacate the seats of the 27 members that defected from the Peoples Democratic Party (PDP) to the All Progressives Congress (APC), an action that seemingly legitimised the sitting by only five members.
Ehie and Martins Amaewhule have been embroiled in a Speakership tussle which is in court.
Present at the budget presentation on Wednesday include Ehie and four members of the House loyal to him. None of the members who recently moved from the PDP to the APC was in attendance.
Also present were a former speaker of the House, Adams Dabotorudinma; and former Deputy Speaker, Marshal Uwom.
The Complex was demolished amid tight security about two months after fire gutted the complex.
The demolition exercise started at about 6:45am with the state governor leading a convoy consisting of about 10 bulldozers carried on heavy-duty flatbed lorries into the Assembly premises.
Meanwhile, the Rivers State Government said the renovation of the State House of Assembly Complex was carried out on the advice of consultants, who warned that the building is no longer habitable.