Connect with us

News

Fubara Vows To Change Economic Growth Trajectory Of Rivers

Published

on

Rivers State Governor, Sir Siminalayi Fubara, has vowed to sustain the drive at mobilising critical stakeholders with attractive investment portfolios in the business community to join forces with his administration to change economic growth trajectory of the State.
Speaking at a cocktail party at the Banquet Hall of Government House in Port Harcourt on Wednesday night, Governor Fubara told the captains of businesses that the economic summit will provide salient data that will assist his administration to draw up economic roadmap for the State.
The cocktail reception was organized by the Rivers State Government in honour of the participants and delegates to the Rivers State Economic and Investment Summit 2024.
Governor Fubara emphasised the need to awaken the State from its economic slumber, and assume its known status of an economically viable State to compete with countries considered to be advanced and developed.
He said, “In the real sense of it, Rivers State is noted for very special things. And what are those things? Peace loving people, people that are very industrious. Even from the ancient days, we are farmers in the hinterland. We are fishermen; those ones that live on the coastline, we are very hardworking.
“Today, because of industrialisation, because of white collar jobs, and too much of education, what we do is to wear very expensive suits, stay in an office, sign the papers and you know the next thing that happens? I don’t want to mention it!”
Governor Fubara stated: “But we need to move the State forward. We have been one of the most, would I say, economically viable states before this time but somehow, a few things went wrong, and we found ourselves where we are today.
“Today, we have called everybody. We have called the whole world. You represent the world, and we are telling you that we want to change the trajectory of our State. We want to see our State move like every other developing nation.
“Rivers State, if it were to be any other place, should be a country of its own. We have all the resources: we have oil, we have gas, we have every other valuable resource. The world is moving towards blue economy, and we have a wonderful coastline,” he said.
Governor Fubara, who thanked them, and indeed, all those who had contributed and supported the success of today which is the first day, assured that there was a bigger success coming, which will reflect in the anticipated industrialisation of the State.
The Governor confessed that “most expectations might have been met and some other things had not been executed perfectly at this first instance but the most important thing is to start a process, and that has been done.
“Forgive us where we have not gotten it right. Help us to correct our wrongs. But see to what you can do to help us move our State forward.
“I’ve said it before, and I’m going to say it again: Our own commitment is to Rivers State people first. If Rivers State is not succeeding, there won’t be a struggle for political control.
“So, let it be that I’m improving Rivers State, so, that there will be heavy tussle for political control. At least, history will remember me for that,” he added.
In his opening remarks, former Commissioner, state Ministry of Finance, Dr Chamberlain Peterside, said it took quite a bit of work to put the platform together, adding that with His Excellency giving a listening ear, the idea of an economic and investment summit had materialised.
Dr. Peterside stated that the overriding purpose is to begin to network and actually engage business minds for cross-fertilisation of business ideas that can translate into enduring economic gains beyond mere consumption.
He said, “As I was stepping into this hall with my friend, Engr Braide, he reminded me that the last time we had a similar event was over 13 years ago.
“And, therefore, it is a very remarkable evening that His Excellency, the current Governor deemed it fit to create a platform like this, to bring together business executives from far and near, coming to mingle with his cabinet, with his whole governance team.”
Dr Peterside said further: “He granted us audience, we made proposals, and he approved them based on the fact that we should hold this event. I believe that this will be the first in the series of engagements between his administration and the private sector.
”You will be very surprised that a lot of policy initiatives can come from the private sector. Private sector is the engine room that drive economic growth.
”Therefore, His Excellency considered it absolutely imperative and necessary to bring the private sector into a pool whereby you can continuously engage, interact and make sure that your voices, needs, aspirations and your desires are heard in the governance process and business growth of the State.”
He expressed optimism that the outcome of the summit will crystalise buoyant and robust economic growth and development in the State, adding that with the foundation now in place, all stakeholders need to explore opportunities created for the benefit of Rivers people and Nigerians.

Continue Reading

News

Police Rescue Kidnapped Victim, Recover Stolen Vehicle

Published

on

Operatives of the Edo State Police Command have rescued one Osazee Okugbowa from suspected kidnappers.
Moses Yamu, the command’s spokesperson, disclosed this in a statement yesterday, stating that the victim was rescued by operatives of Ologbo Division, Ikpoba-Okha Local Government Area, on Friday, 8th February 2025, at about 5 pm.
Yamu said the victim was kidnapped on 7th February, 2025 by five armed men from his residence in the presence of his family in the Power Line area of Owanoba community.
He stated that the victim had since been reunited with his family after receiving medical attention.
He, however, added that the command is on the trail of the suspects in a bid to arrest them.
Meanwhile, Yamu disclosed that the command has recovered a silver-coloured Toyota Yaris with registration number 535 DR, which was snatched from its owner at gunpoint at Upper Mission Road Extension in Benin City.
He said the car was recovered by operatives of the Okuaihe Division in Uhunmwonde Local Government Area, following a distress call received on 6th February 2025.
He added that the operatives intercepted and pursued the car snatchers, who abandoned the vehicle at Iguomon Community along the Benin-Agbor Road.
Yamu said the car has been handed over to its owner while efforts are ongoing to identify and arrest the suspects.

Continue Reading

News

Soludo Rebagged FG Rice Shared To APGA Members-APC

Published

on

The All Progressives Congress, APC, in Anambra State has protested the dominance of the Chukwuma Soludo-led All Progressives Grand Alliance, APGA, in the affairs of the President Bola Tinubu-led Federal Government.
The party chairman in the state, Mr Basil Ejidike while speaking at the weekend said the dominance of Soludo in affairs that concern Anambra even at the federal level has become a challenge to the state chapter of the APC.
He said all appointments coming to Anambra from the Federal Government had nominees from APGA, while even rice distributed to all states to cushion the effect of hardship had Anambra’s share rebagged with the picture of the governor and distributed to only APGA members last Christmas.
Appealing to Tinubu, Ejidike said, “Sir, may I seize this opportunity to draw your attention to some challenges confronting the APC in Anambra State, that require your kind intervention.
“The issue of appointments made by the Federal government without recourse to the party is inimical to the growth and success of the party in our state, as these appointees do not reckon with the party at the state level.
“Whereby, most of those who have made and are still making heavy sacrifices for the party have not been adequately rewarded and appreciated, many of those who have gotten juicy Federal Government appointments in the past were mainly non-party members, drawn especially from our rival All Progressives Grand Alliance (APGA).”
He said the trend has not served as a source of inspiration or motivation to party members, and is threatening its strength and enthusiasm of emerging victorious in the Anambra 2025 project.
“At the ward, local government and state levels, our members are being discriminated against, as APGA does not recognize or reckon with those who are not their members in the distribution and allocation of government appointments and incentives.
“More worrisome is the fact that what we as a state get from the federal government as incentives and palliatives are usually sent through the state government.
“Sequel to the above, non-APGA members are denied access to them. It is on record that bags of rice sent as palliatives by the federal government were repackaged, and Governor Soludo’s pictures and APGA logo embossed on those bags, thereby giving the impression that they were provided by the governor.
“This arrangement has continued to diminish our party’s influence and reach within the state, and we are terrified to say the least.
“APC in Anambra have come with a passionate appeal, asking that you (Ganduje) intervene and save our members in Anambra from neglect.
“Your kind intervention, Sir, will bolster the morale of our committed party men and women towards the task ahead,” he added.

Continue Reading

News

2025 Budgets: I Hope Snake, Monkey Won’t Swallow This One-Atiku

Published

on

Former Vice President of Nigeria, Atiku Abubakar, has cautioned against the misappropriation of funds allocated to the health sector in the 2025 budget, referencing past bizarre claims of animals—such as snakes, termites, gorillas, and monkeys—being blamed for missing public funds. He stressed that such absurd incidents must not be allowed to happen with resources meant for healthcare.
Amid dwindling resources and reduced external support for healthcare services, Abubakar emphasised the need for transparency and accountability in the government’s $1.07 billion budgetary appropriation for the health sector. He called for mechanisms to ensure public audits and proper utilization of every kobo earmarked for healthcare.
The former vice president specifically questioned the government’s failure to provide a detailed breakdown of how it intends to spend over a billion dollars in the primary health sector. He noted that while investment in primary healthcare is crucial for providing Nigerians with accessible and affordable medical services, it would be unethical for the government to allocate such a significant sum without disclosing its intended use.
“The Federal Government has announced plans to spend a whopping $1.07 billion in the primary health sector, in addition to the N2.48 trillion initially proposed for healthcare in the budget,” Abubakar noted.
“What is even more concerning is that this additional funding is largely sourced from foreign loans, with a small portion coming from an international donor agency. Since these loans must be repaid, Nigerians have the right to know the full details and ensure that the expenditure is transparent and well-justified,” he added.
Abubakar further criticized the government for failing to commit to any physical infrastructure projects within the health sector, suggesting that this raises red flags about potential mismanagement or fraud.
According to the government, the funds will be used to improve governance in healthcare and strengthen primary health services nationwide, including recruitment, training, and retention of healthcare workers and teachers. However, Abubakar argued that the government has a poor track record in managing public funds, particularly in humanitarian services, and that Nigerians should not accept vague explanations without clear accountability mechanisms.
“It is difficult to trust this administration’s claims, especially given its history of misleading Nigerians about investments in social infrastructure,” he said.
He pointed out the government’s misleading statements about improvements in tertiary hospitals, despite the reality that many of these institutions lack basic amenities, such as stable electricity supply.
“The Tinubu administration has failed in the health sector due to poor funding. Major diseases in primary healthcare, including malaria, tuberculosis, and HIV/AIDS, remain critical challenges. If this government is truly committed to healthcare, it must clarify how it plans to use this intervention fund to tackle these diseases,” Abubakar stated.
He also criticized the government’s response to the recent withdrawal of American aid for HIV/AIDS treatment, noting that its proposed intervention of N5 billion is grossly inadequate.
“If the Tinubu administration does not present a clear framework for managing this significant health sector investment or subject it to proper legislative scrutiny, then it may be safe to conclude that this is yet another case of public funds being mismanaged under the guise of serving Nigerians,” Abubakar concluded.

Continue Reading

Trending