News
‘We’ll Host Best NBA Confab’ …Wike Harps On Cashless Economy To Check Crime …Tasks Govt On Anti-Poor Policies

L-R: Representative of the Swiss Embassy, Dr Daniel Cavegn, Assistant Inspector General of Police (Training and Development), Mr Olufemi Adenaike, and Commandant, Police College, Kaduna, CPJimoh Ozi-Obeh, at the Nigeria Police Force Human Rights Training Programme in Kaduna, recently
The Rivers State Governor, Chief Nyesom Wike, has hinted that the state will host one of the best Nigerian Bar Association (NBA) conferences come August this year.
He gave the hint while playing host to the African Bar Association (ABA) in Government House, yesterday in Port Harcourt.
Aside the NBA conference, the governor said the state is geared to host other national events such as the Peoples Democratic Party Convention billed for May, Federal High Court legal year, and Nigerian Magistrates’ Conference, among others.
He opined that hosting this string of national events is an indication that the state is peaceful as against the media propaganda by the opposition to paint the state in bad light.
Wike submitted that the stability and peace being enjoyed in the state judiciary has been consolidated with the emergence of substantive chief judge and president of Customary Court of Appeal.
Assuring the African Bar Association that the financial autonomy granted the judiciary will be sustained as that is the only way to promote impartial adjudication of cases the governor declared, “We will always support the promotion of the rule of law. This is because the existence of the rule of law promotes peace and development”.
Meanwhile, the African Bar Association has conferred on Rivers State Governor, Chief Nyesom Wike the life membership of its council for reviving and stabilising the state judiciary.
The conferment of the life membership of the African Bar Association Council on the governor was conveyed via a letter presented to him by the President of the African Bar Association, Mr Hannibal Uwaifo during a courtesy call at the Government House, Port Harcourt, yesterday.
Uwaifo said that the African Bar Association considers the development actions of Governor Wike worthy of commendation as he has proved to be a good ambassador of the legal profession.
Meanwhile, the Rivers State Governor, Chief Nyesom Wike, says the Central Bank of Nigeria (CBN) cashless policy will go a long way to check crime within the state if implemented.
He made the assertion during a courtesy visit by the new Controller of Port Harcourt branch of the CBN, Mr Kazeem Adekunle Alaka, yesterday in Government House, Port Harcourt.
He told the Port Harcourt CBN branch controller that, “we will help you sensitize the people on the importance of the cash less policy”.
Wike while lauding the CBN for also introducing the Bank Verification Number (BVN) said the recent staff audit exercise in the state has underscored the need for the bank to stick with good policies and programmes, as it saved the state huge sums of money.
The governor pledged that the state government will help the bank in promoting programmes that will uplift the condition of the citizenry.
Wike said his administration will also exploit the agric development programmes of the apex bank to diversity the state economy through commercial agriculture.
Thanking the bank for the recent loan scheme to small and medium scale businesses, Wike solicited for more of the apex bank loans to develop the state.
The governor noted that investments in agriculture already being consolidated by his administration will further develop the state’s economy and enhance food security.
He commended the CBN governor for being firm and consistent in the application of monetary policies, and stated that policy somersaults in the past negatively affected the economy.
In his remarks, the Port Harcourt Branch Controller of the Central Bank of Nigeria, CBN, Mr Kazeem Adekunle Alaka, announced that the CBN will assist farmers in the state to improve on the cultivation of oil palm produce and cassava allocated to the state.
He said the two areas of financial inclusion for farmers in the state are aimed at diversifying the state economy through agriculture.
Alaka, therefore, appealed to the state government to launch sensitization programmes to ensure that more farmers key into the programme.
Similarly, the Rivers State Governor, Chief Nyesom Wike, has called on the Federal Government to implement policies and programmes that will fight poverty in the country.
He made the call while hosting students of the National Policy and Strategic Studies (NIPSS), Study Group Six on study tour of Rivers State, in Government House, Port Harcourt.
Leader of the team and Director of Studies in NIPSS, Prof. Celestine Bassey, had informed the governor that studies carried out by the institute reveal that 67 million Nigerians live in poverty, while 37 per cent of the population live in abject poverty.
Wike, however, noted that it was not enough to conduct studies around the country, saying the Federal Government needs to implement the findings and recommendations of the institute.
“I think government should take your recommendations because it will go a long way in the review and adjustment of policies and programmes,” Wike said.
He declared that the state government will support any policy of President Muhammadu Buhari’s administration, which will enhance the well-being of Rivers people.
“I will support any policy of the Federal Government that will enhance the living standard of people of Rivers State. It does not matter who initiated such policy, as long as it favours our people”, he explained.
Emphasizing that he will not use his office for unnecessary politicking, Wike, pointed out that good policies should transcend party affiliation.
He said the Rivers State Government will support the NIPPS study team in carrying out their research into poverty alleviation in the state.
Earlier, Leader of delegation, Prof Celestine Bassey, had said that the team was in the state to carry out an assessment of the impact of poverty alleviation programmes in the state.
The team later held an interactive session with top officials of the Rivers State Government.
News
Tinubu Orders Security Chiefs To Restore Peace In Plateau, Benue, Borno

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.”
News
FG Laments Low Patronage Of Made-In-Nigeria Products

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.
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Nigeria Seeks Return To JP Morgan Bond Index
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.
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