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Rerun Polls Favour PDP Candidates …As Rivers Voters Count Losses Under Amaechi Govt
Deputy Inspector General of Police, Sotonye Wakama (left), in a chat with Resident Electoral Commissioner, INEC, Rivers State, Aniedi-Ikoiwak, during an accord meeting with politicians and candidates for the 19th March rerun election on Wednesday in Port Harcourt.
As the Rivers electorate go to the polls tomorrow for the Appeal Court-ordered rerun elections into both the National and some state Assemblies public opinion weigh heavily in favour of the Peoples Democratic Party (PDP) candidates.
Exit polls conducted by The Tide shows that 89 per cent of civil servants do not want to have anything to do with any candidate of All Progresses Congress (APC) who worked under the administration of former Governor Rotimi Amaechi.
Nearly all 200 respondents polled said the candidates on the platform of the APC were with Amaechi when the government in preference for politics spent state resources on party activities at the expense of three months workers pay and about five months retirees benefits.
Such insensitivity they said, did not present the candidates as persons capable of representing the people’s interest.
The non-payment of workers affected trade and commerce , Rivers being a predominantly civil service state, as market women and other small enterprises owners groomed for lack of businesses.
Appolus Nna, a fisherman who supplies fish to traders at the dry fish market along Creek Road, said those final months of the Amaechi government were hell for him and his colleagues.
“Fish that we would normally sell for N10,000 was priced N3,000 by buyers who complained of lack of funds on account of poor business”.
Madam Oberenisiki Appolous, a trader explained that most of their customers bought their wares on credit promising to pay as soon as their salaries were paid. “But it dragged on from one to three months until the administration of Chief Nyesom Wike cleared the arrears and brought our business back on track”.
A retiree, Pa Abednego Berthwell said it would amount to madness for anyone to vote any enemy of his progress to govern him.
“A government that abandoned retirees, indeed senior citizens to die of hunger for more than five months does not have any moral justification to meet the same people for their votes” Berthwell said.
According to him, many retirees who couldn’t endure the five months starvation lost their lives. “will the children of such parents be foolish enough to still elect such sadists? he wondered.
Ironically, what APC failed to do was what the new Wike Administration did, and which endeared the PDP even more to the Rivers electorates.
Frank Udom, a commercial bus driver said the single fact that the new government broke the jinx of using rain as excuse and upgrade many hitherto impassable roads marks it out as a people-oriented government.
“Before the roads repair, nothing would make me to load passengers going to Borikiri and New Road areas because of the state of the road and long queues. Today, that road is my goldmine” Udom said.
Infact, go to the Isaac Boro Flyover area, opposite The Tide office, along 4 Ikwerre Road, even former Governor Amaechi would not believe that such transformation could occur with the years old big gully that nearly cut the road into two impassable parts.
“What of the UTC junction? At lest Amaechi used to use that part of Port Harcourt while he was governor. Can he not tell the difference,” Udoh wondered.
According to him, most of his colleagues plying other parts of the state also speak well of the government on road construction. Areas which they used to avoid as no-go areas are now goldmine commercial routes, Udoh further explained.
From Ogu/Bolo Local Government Areas, Mr Longinus Gad, a youth leader said he was wondering what the APC candidates would give Rivers people as reasons why they should be voted.
“I was proved right, because they had nothing, they did not bother to campaign. They instead, relied on the Transport Minister and former Governor Rotimi Amaechi to resort to threats of using soldiers to intimidate Rivers people, Mr Gad said.
“The Rivers Youth, Mr Gad said can no longer be exploited as thugs during elections and labeled cult boys thereafter and abandoned or killed”, Gad said and assured that the electorate would vote according to their conscience and based on facts on ground.
However, an APC ward officer, Mr Dere Ishmeal said his party’s candidates will win not just because of the former government achievements but because the party enjoys Federal support and protection of armed security to carry the day.
“APC too will win, after all PDP won when they were in power at the federal level, Dere opined.
Apart from that and very few respondents, virtually all are unanimous that the Court of Appeal judgement that annulled the valid election of the people’s elected representatives was a waste of time and resources.
This is because, according to them, Rivers people are prepared to defend their votes in favour of those who stood beside Governor Wike to pay workers salary arrears, repaired and constructed roads, renovated abandoned schools, built bridges and restored the judiciary’s pride of place, among many other achievements.
Our Correspondent
President Bola Tinubu has ordered a security outreach to the hotbeds of recent killings in Plateau, Benue and Borno States, to restore peace to areas wracked by mass killings and bomb attacks.
National Security Adviser, Nuhu Ribadu, disclosed this to State House correspondents after a four-hour security briefing with the President at the Aso Rock Villa, Abuja on Wednesday.
“We listened and we took instructions from him. We got new directives…to go meet with the political authorities there,” Ribadu told reporters, adding that Tinubu directed them to engage state-level authorities in the worst-hit regions.
Director-General, National Intelligence Agency, Mohammed Mohammed; Chief Defence Intelligence of the Nigerian Army, Gen. Emmanuel Undianeye; Director-General, Department of State Services, Oluwatosin Ajayi and Chief of Staff to the President, Femi Gbajabiamila, appeared for the briefing.
The Tide’s source reports that in Plateau State, inter-communal violence between predominantly Christian farmers and nomadic herders spiralled into gory slaughter when gunmen stormed Zikke village in Bassa Local Government early on April 14, killing at least 51 people and razing homes in a single night.
In Benue, at least 56 people were killed in Logo and Gbagir after twin assaults blamed on armed herders.
Meanwhile, in Borno State, eight passengers perished and scores were injured when an improvised explosive device ripped through a bus on the Damboa–Maiduguri highway on April 12.
Ribadu explained that after an extensive briefing, intelligence chiefs received fresh instructions to restore peace, security and stability across Nigeria.
“In particular, Tinubu had ordered immediate outreach to the political authorities in Plateau, Benue and Borno States, and the defence team had gone round those States to carry out his directives and report back.
“We gave him an update on what has been the case and what is going on, and even when he was out there, before coming back, he was constantly in touch. He was giving directives. He was following developments, and we, in charge of the security, got the opportunity today to come and brief him properly for hours. And it was exhaustive.
“We listened and we took instructions from him. We got new directives. The fact is, Mr. President is insisting and working so hard to ensure that we have peace, security and stability in our country. We gave him an update on what is going on, and we also assured him that work is ongoing and continues.
“We also carried out his instructions. We went round, the chiefs were all out where we had these incidents of insecurity in Plateau State, Benue State, even Borno, these particular three states, and we gave him feedback, because he directed us to go meet with the political authorities there,” the NSA explained.
Ribadu described Tinubu as “worried and concerned,” and said he directed that all security arms be deployed around the clock.
The government, he added, believes these steps have already produced measurable improvements, even if the situation is not yet 100 per cent safe and secure.
“He’s so worried and concerned, he insisted that enough is enough, and we are working and to ensure that we restore peace and security and all of us are there. The armed forces are there, the Civil Police, intelligence communities, they are there.
“They are working there 24 hours, and we feel that we have done enough to believe that we are on the right course, and we’ll be able to be on top of things,” Ribadu stated.
The NSA emphasised that combating insecurity was not solely a Federal Government responsibility.
He stated, “The issue of insecurity often is not just for the government. It involves the subunits. They are the ones who are directly with the people, especially if some of the challenges are more or less bordering on community problems.
“Not entirely everything is that, but of course it also plays a significant role. You need to work with the communities, the local governments, and the governors, especially the governors.
“The President will continue to direct that. We should be doing that, and that’s what we are able to. We are very happy and very satisfied with the instructions and directives given by Mr. President this evening.”
In Borno State, the NSA noted that while violence had surged in recent months, the insurgents refused to accept defeat.
He warned that most recent casualties there resulted from improvised explosive devices—”cowardly” IED attacks targeting civilians—and from opportunistic raids that follow any lull in fighting.
“We are getting the cooperation of the leadership at the state level, and everybody. It’s not 100 per cent…but we are going there.
“When you are having peace and you are beginning to get used to it, if one bad incident happens, you forget the periods that you enjoyed peacefully,” he added.
He paid tribute to the “many who do not sleep, who walk throughout, who do not go for any break or holiday”—the soldiers, police and intelligence officers whose sacrifices have created the fragile calm Nigerians now experience.
“They will continue to be there,” he said, adding, “Things have changed in this country…we are on the right track and we will not relent. We will not sit down; we will not stop until we are able to achieve results.”
A Federal Government agency – the National Agency for Science and Engineering Infrastructure, has decried the low patronage of Nigerian-made products by Nigerians.
The agency identified some challenges leading to the low patronage of the local products as affordability and public perception, among others.
Speaking during a stakeholders meeting organised by the agency in Akure, Ondo State capital, yesterday, the Deputy Director of Engineering at NASENI, Mr Joseph Alasoluyi, said Nigerians preferred buying foreign goods compared to local goods.
Alasoluyi, however disclosed that the agency had trained over 50 participants in the production of hand-made products, in a bid to ensure Nigeria-made products are patronised.
He explained that NASENI was set up to promote science, technology, and engineering as a foundation for Nigeria’s development and currently operates 12 institutes nationwide to achieve its objectives.
According to him, the aim of President Bola Tinubu, who is also the overall chairman of NASENI, was to ensure high production and patronage of “our local products thereby creating employment opportunities for many.”
He said, “The idea of this programme is to interface to ensure we produce products using our indigenous technology. This is what NASENI is out for, to ensure that homegrown technologies are encouraged.
“We are out there to ensure we integrate efforts to ensure that local technology is used to develop products within the resources we have.
“ The NASENI’s ‘3 Cs’ – Creation, Collaboration, and Commercialisation – that define NASENI’s strategic mandate: Creating innovations through research, Collaborating with partners to develop and refine products, and Commercialising these solutions to benefit the economy.
“Our achievements include the development of solar irrigation systems, CNG conversion centres, building machines capable of producing up to 1,000 blocks per hour, 10-inch tablets, locally made laptops, and electric tricycles (Keke Napep) set for market launch.”
In his remarks, the Deputy Vice Chancellor of the Federal University of Technology, Akure, Prof. Samuel Oluyamo, blamed the Federal Government for not properly funding research in the varsities, also noting that many research outputs were left halfway due to lack of funding and weak linkages between research institutions and industry.
Oluyamo also queried the Federal Government’s commitment to funding research and development, saying many academic innovations remained on the shelve due to a lack of support for commercialisation and poor infrastructure.
“Until we upscale research into mass production, technological growth will remain elusive. The government is not funding research in the universities enough. Thank God for TETfund that is trying in this regime. The major interest in beefing up research in universities and research institutions is really not there,” he said.
The Director-General of the Debt Management Office, Patience Oniha, has said that Nigeria is in advanced discussions with JP Morgan to re-enter the Government Bond Index and renew investors’ confidence.
Oniha disclosed this on Wednesday at a Nigerian Investors’ Forum on the sidelines of the World Bank and International Monetary Fund Spring Meetings in Washington, D.C.
The DMO boss explained that Nigeria has enjoyed favourable credit assessment among rating agencies in recent times on the back of the sweeping reforms initiated by the Central Bank of Nigeria.
Fitch Ratings recently upgraded the Long-Term Issuer Default Ratings of seven Nigerian banks and two bank holding companies to ‘B’ from ‘B-‘, noting that the outlooks are Stable.
The affected issuers are Access Bank Plc, Zenith Bank Plc, United Bank for Africa Plc, Guaranty Trust Bank Limited, Guaranty Trust Holding Company Plc, First HoldCo Plc, First Bank of Nigeria Ltd, Fidelity Bank Plc and Bank of Industry Limited.
The upgrades of the Long-Term IDRs of the banks followed the recent sovereign upgrade and reflect Fitch’s view that Nigeria’s sovereign credit profile has become less of a constraint on the issuers’ standalone creditworthiness, the rating agency said.
Fitch also upgraded Nigeria’s Long-Term IDRs to ‘B’ from ‘B-‘ on 11 April, a decision that reflected increased confidence in the government’s broad commitment to policy reforms implemented since its move to orthodox economic policies in June 2023, including exchange rate liberalisation, monetary policy tightening and steps to end deficit monetisation and remove fuel subsidies.
“These have improved policy coherence and credibility and reduced economic distortions and near-term risks to macroeconomic stability, enhancing resilience in the context of persistent domestic challenges and heightened external risks,” Fitch said.
Nigeria was removed from the JP Morgan index in 2015 ostensibly due to its deviation from orthodox monetary policies and influence of capital control in its management of foreign exchange.
Principally due to reduction in oil revenues at the time, Nigeria introduced currency restrictions to defend the naira after it failed to halt a dangerous slide with burning of dollar reserves. The bank had earlier warned Nigeria to restore liquidity to its currency market in a way that allowed foreign investors tracking the index to conduct transactions with minimal hurdles.
“Foreign investors who track the GBI-EM series continue to face challenges and uncertainty while transacting in the naira due to the lack of a fully functional two-way FX market and limited transparency,” the bank said in a 2015 note.
Nigeria was listed in JP Morgan’s emerging government bond index in October 2012, after the Central Bank removed a requirement that foreign investors hold government bonds for a minimum of one year before exiting.
The JP Morgan Government Bond Index reflects investor confidence and opens doors to billions of investment flows, making Nigeria’s proposed re-entry a positive signal to the market and investors.
Oniha explained that talks with JP Morgan were ongoing and had gained momentum in recent times due to the stability created by the FX market reforms.
“With all the reforms that have taken place, particularly around FX, we have started engaging JP Morgan again to get back into the index. We think we are eligible now,” the DMO DG said.