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Oct 5 LG Polls Sacrosanct, Fubara Declares

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Rivers State Governor, Sir Siminalayi Fubara, has declared that the October 5 Local Government election in the State is sacrosanct, saying no amount of propaganda will stop the election.
He said his conviction stems from the Supreme Court judgment that all states in the federation should have democratically elected local government executives, Mr. President’s 90 days window to states to comply with the Supreme Court ruling, and the substantive judgment by the Rivers State High Court that mandates the Rivers State Independent Electoral Commission (RSIEC) to conduct the election.
Governor Fubara made the declaration when members of the Rivers State Inter-Party Advisory Council (IPAC) led by its Chairman, Solsuema Osaro paid him a courtesy visit at Government House, Port Harcourt on Wednesday.
The Governor, who expressed concern why people who earlier ascribed to the fact that parties are only a vehicle that convey people to positions of leadership and boosted to win all elective positions in the 23 local government areas if elections are conducted, are now scared to participate in the slated polls.
He assured that any attempt by anybody or group of people to disrupt the democratic process that is genuinely pursued in the State will be fought by the gods of the land.
“I am really happy that the Chairman, IPAC has said a few things. But, the records need to be properly presented to the public. There is no going back on the election come the 5th of October. There is no amount of propaganda, be it from the Judiciary end, be it from the law enforcement end …, that election would hold.
“What is the reason: first the Supreme Court has ruled that every state must migrate to elected local government executives. Among the states affected, 10 of these states have already held their elections, and if I am not mistaken, I stand to be corrected. They used the 2023 voters register. Outside that, Mr. President, after the Supreme Court ruling, gave a window of 90 days when we went as governors to meet him, ensure that all the processes are completed.
“The issue of the court cases here and there, I can tell you, it is not an issue to stop the election. There is a substantive judgment giving the RSIEC all powers to ensure that election holds. And we are standing by that judgment to support RSIEC for the election.
“Also, I don’t know why people are scared. I used to hear them say before that party is just a vehicle. If party is just a vehicle, and today, not even my party, other parties are contesting election, and I try to be a referee, why are they restless. If you feel you are strong, through your heart into the ring. Why do you need to stop the process? Does it show any sign of sportsmanship? Does it show any sign that you love this State? A situation where this State will be the State that will be suspended, the activities of the civil servants will be suspended, local government workers will not earn their salaries again because you want to prove that you have some dirty power?”
“So, don’t be scared when you hear one party factional chairman will just sit somewhere and announce that he will not be part of the election for whatever reason. Even that factional chairman, some months ago was bragging, saying: what is the reason holding the Governor from conducting the election? That if he comes and conducts this election, he is going to win all the 23 local government areas.
“This world is so beautiful today. What we say here, the record will be there for the world to see. Bring that video and send it to him when he said the 23 local governments he is going to win. So, what has changed? We are conducting election now, you are the same person going to cry, you don’t want to participate in the election?
“So, any attempt by anybody or group of people to see that this process is disrupted, I can assure you, the gods of this land, what we stand for as a people who are fighting for genuine democracy will fight for us.”
Governor Fubara hinted of intelligence that mercenaries have been engaged within and outside the State to obstruct the elections, warning that such mercenaries will be adequately resisted.
The Governor assured that with God on the side of the State, and necessary information provided to relevant authorities involved in the election, the election will hold, results declared and elected officers sworn-in to discharge their responsibilities to the people at the grassroots.
He said, “I will also mention here: we are also aware that some mercenaries are being engaged within and outside the State. I feel sorry for whoever is going to be a victim of such thing. Because I know anybody who comes to obstruct this election will meet adequate and right resistance. It’s important that we defend this democracy, and we must start defending this democracy from the one that we have control over.
“But whichever way, I can assure you, God on our side, with the information we have given to the security agencies, the information we have given to all the authorities that are concerned, and are also needed in cause of this process, this election will hold, results will be declared, and the elected officers will be inaugurated, and a new government will commence as soon as possible.”
He assured to make the election process free and fair, and protect lives and property in the course of the election.
He added, “I can assure you, we took an oath before everyone of you. I swore before everyone that I will defend and protect the interest of Rivers State. And this particular responsibility, ensuring that this election holds is one of those responsibilities.
“You have all prepared for the election. We are going to make sure the process will be free and fair. As the umpire, we will also ensure that lives and property will be protected in the course of the election. What we request from you is go and perform your civic responsibility. Vote, support the candidates of your choice. Ensure that we take control of the democracy of our State. Ensure that you vote for the protection of lives and property of the people of this State. The State starts from the ward to the LGA, and from the LGA to the State. So, I want this State to be protected right from the point of the ward.
“You have my total support. I will ensure as the Governor and the Head of this Government, that we do all that is required, all that is needed to make sure that this process is driven to the end.”
Earlier in his remarks, the Rivers State Chairman of the Inter-Party Advisory Council (IPAC), Solsuema Osaro, reiterated their position to participate in the election as well as support the government to drive the process to logical conclusion.
Osaro noted the plans by some persons to stall the electoral process and the court judgments warranting RSIEC to conduct the elections, promising to stand by RSIEC to conduct free, fair and transparent election that will stand the test of time in the nation.
He added, “Your Excellency, it is at a moment like this in the history of our State that patriotism is well defined. The members of the Inter-Party Advisory Council (IPAC), Rivers State Council, have come in here today to visit you and to assure you that because of all the empirical activities and people- oriented programmes you have established, you’ve embarked upon, you are doing in Rivers State, and especially because of the most important election that affects the generality of the people in the State, the grassroots people, the election that has to do with the conduct and exercise that will bring in elected local government chairmen and councillors across the 23 LGAs and the 319 wards in Rivers State, that informed why we have come to see you, Your Excellency.
“It is true that some persons have attempted and are tempting to disrupt the entire exercise, but we have come to show you that we are standing tall with you in your quest to give us elected local government chairmen and councillors in Rivers State.
“We are well informed of the fact that some persons went to court to stop INEC from giving RSIEC the necessary voters register to conduct this election that is slated for 5th of October, 2024. We also are very much aware too that a competent court of jurisdiction sitting here in Rivers State has also given RSIEC the authority, the mandate to conduct this election, and has also mandated RSIEC to use the 2023 voters register to conduct this election in Rivers State.
“As the pillars of democracy, as the vehicles through which elected officers are driven into various positions, the political parties have arisen to say that we stand in solidarity with the desire of the state government and that of the Rivers State Independent Electoral Commission (RSIEC) to conduct free, fair, transparent election in Rivers State that will stand Rivers State out in the comity of nations as a model state.
“We are quite aware that on the 11th of July, 2024, the highest court of the land, being the Supreme Court of Nigeria, gave a judgment that is to the fact that every state in Nigeria must have elected local government officials in the country. This Rivers State is not an exception. We are, therefore, standing on the judgment of the Supreme Court as well as the judgment delivered by Justice I. P. C. Igwe of the Rivers State High Court to say that the Inter-Party Advisory Council (IPAC), our members are prepared, are ready, willing to participate in this election.
“As patriotic citizens of Rivers State, we know all you have done and all you are doing to ensure that we have good governance in Rivers State, and if at this point in time, some detractors don’t want us to succeed, we have made it very clear that all of us that believe in the ideals of good Rivers State, purposeful leadership-driven Rivers State under your administration, we stand tall with you to ensure that we succeed.”
According to him, “The success of this election is to the benefit of Rivers people. The success of this election will allow Rivers people have the government at the grassroots that will empower the people, and whoever intends through covert or covert means, to stop this democratic process that is very important to Rivers people, we have arisen in one voice, one strength, one energy, to say we will stand for an ideal Rivers State were local government election will be conducted and elected officers will emerge through free, fair and transparent election that once again stand Rivers State out as a model state in Nigeria,” he added.
Eighteen out of the 19 registered political parties were represented at the meeting, including AA, AAC, ACCORD, ADC, ADP, APGA, APC, BOOT, LP, NCP, NNPP, APM, NRM, PRP, SDP, YP, YPP, and ZLP.

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Tinubu Orders Security Chiefs To Restore Peace In Plateau, Benue, Borno

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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.”

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FG Laments Low Patronage Of Made-In-Nigeria Products

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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

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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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