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Nigeria Needs N348.1trn Investments To Achieve 5-Year Dev Plan -Buhari

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The Nigerian Government requires an investment size of N348.1trillion to achieve the targets set out in the National Development Plan 2021-2025, President MuhammaduBuharihas said in Abuja.

The president spoke at the formal launch and public presentation of the National Development Plan (NDP) 2021-2025, the successor to the Economic Recovery and Growth Plan (ERGP), 2017- 2020, which lapsed in December, 2020.

The Special Adviser to the President on Media and Publicity, Mr. Femi Adesina, made this known in a statement,last Wednesday, and made available to newsmenin Abuja.

Buhari explained that the overall target of the plan is to achieve a broad-based real GDP growth rate of 5per cent on average during the plan period; generate 21million full-time jobs; and through an inclusive growth, lift 35million people out of poverty.

He added that this would set the stage for achieving the government’s target of lifting 100million Nigerians out of poverty in 10 years, under the National Poverty Reduction with Growth Strategy (NPRGS).

To achieve these, the president noted that out of the investment size of N348.1trillion, the government is expected to provide N49.7trillion or 14.3percent, while the private sector would provide the balance of N298.3trillion or 85.7percent.

‘‘This implies that successful implementation of the plan will require a strong partnership between the public and private sectors.

‘‘In this regard, a Development Plan Implementation Unit headed by the Vice President with the Honourable Minister of State, Budget and National Planning as the Vice-Chair will be established in the Budget and National Planning arm of the Ministry to ensure overall coordination with the Ministries, Departments and Agencies; sub-national governments; Private sector operators and Civil Society Organisations,’’ he said.

The president recounted that the Federal Executive Council (FEC) had on November 10, 2021, approved the Draft National Development Plan, 2021-2025, which is the first of the envisaged Medium Term development Plans to implement the Nigeria Agenda 2050.

‘‘The Plan, as a matter of deliberate efforts, is comprehensive and has the capacity not only to accelerate and sustain national development but also the attainment of various Regional and Global Agendas, including the AU Agenda 2063, ECOWAS Agenda 2050 and the UN Sustainable Development Goals, 2030.

‘‘I have no doubt in my mind that with effective and sustained implementation, Nigeria will achieve quantum leap in unlocking its potentials in all sectors of the economy for a sustainable and inclusive national development,’’ the president said at the presentation before the commencement of the weekly FEC meeting.

Commending the Ministers of Finance, Budget and National Planning, the leaderships of the National Steering Committee, the Central Working Group and the Technical Working Groups for the sacrifice and efforts in achieving this milestone, Buhari noted that the implementation of the ERGP not only helped the country to exit the 2016 economic recession but sustained a modest growth until the advent of the recent global economic challenges occasioned by the outbreak of the Coronavirus (COVID-19) pandemic.

‘‘The sustained implementation of the ERGP ensured execution of our social investment programmes and improvement in infrastructure across the country.

‘‘In order to ensure a seamless transition and continue the implementation of the policies, programmes and projects of government, it became necessary to prepare a successor Plan to the Economic Recovery and Growth Plan.

‘‘I on September 9, 2020, therefore, inaugurated the National Steering Committee (NSC), co-chaired by the respected Mr.AtedoPeterside and the Minister of Finance, Budget and National Planning, Dr. (Mrs) Zainab Ahmed.

‘‘Apart from the NSC the institutional arrangement for the preparation of the plan also included; the Central Working Group (CWG), the Technical Working Groups (TWGs) and a strong Secretariat that supported the process.

‘‘The process adopted for the preparation of the plan was not only participatory and consultative but also inclusive; involving all segments of the society such as; key political parties; government agencies; labour unions; youth organisations; civil society organisations; women society; farmers’ association; ALGON; traditional and religious leaders and representatives of people with special needs; and development partners,’’ he said.

According to the president, the broad objectives of the plan include the establishing a strong foundation for a concentric diversified economy with robust MSME growth and a more resilient business environment as well as investing in critical, physical, financial digital and innovation infrastructure.

The president added that the plan is also expected to build a solid framework to strengthen security and ensure good governance while also enabling a vibrant, educated and healthy population.

‘‘The macroeconomic framework recognizes that sectors have differing potentials for growth and identified and leveraged on those sectors with the highest potentials for stimulating growth,’’ he explained.

 

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Association Seeks Government Intervention in Desilting of Canal 

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December 8, 2025

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The Rumuokania 2 New layout Landlords Association in the Obio/Akpor local government area of Rivers State is seeking the intervention of the Rivers State Government in the desilting of the canal which transverses several  communities including Mgbaraja,Ogbogoro,Egbule,Elioparanwo,Ozuoba and other communities in the area.
The Association which said this at a media briefing in Port Harcourt also lauded Governor Siminalayi Fubara for the construction of the Rumuoke/pipeline internal roads.
The landlords said the canal impede the free flow of water from the affected communities thereby causing severe flooding whenever it rains in the area.
The Association also commended the governor for the ongoing construction and rehabilitation of road across the state, adding, the gesture has not only rekindled hope of Rivers people for a better tomorrow,but has bought prosperity across communities in the state.
According to a Press release made available to news men during the briefing,”We are gathered here today to express immense appreciation to His Excellency, the Governor of Rivers State,Sir Fubara, GSSRS,for the construction of the Rumuoke/pipeline Internal roads.
“We also wish to use this medium to request the desilting of the Canal transversing the area and the construction of adjoining roads to the area.
“We acknowledge with profound gratitude the transformative governance going on in Rivers State under the purposely and impactful leadership of Governor Fubara.
“The visible impact of his administration across all sectors, particularly the rehabilitation and construction of new roads,has rekindled hope among the people and brought prosperity to our communities”The Association said.
The landlords particularly praised the Governor for the successful  completion of  the  Rumuoke Road from Okilton junction off Ada George Road to Road 9-2nd & 3rd Avenue, Road 10-2nd Avenue and 3rd Avenue, and Pipeline Road upto the canal, expertly executed by Monier Construction Company (MCC).
They noted that,prior to the intervention of the Governor,the road was in an extremely deplorable state, impassable, and prone to flash floods whenever it rains.
“Most houses and business premises were often flooded as people could hardly leave or access the area,while economic activities were completely paralyzed.
“The newly constructed internal roads have completely eased traffic in the area, boosted economic activities, and improved the quality of life of residents of Rumuokania and Rumuoke communities”
The release which was jointly signed by pastor Joel Gbandi, chairman of The Association and Lucky Ashley Atiegoba secretary,on behalf of the Landlords also expressed gratitude to the Governor for the  construction of all internal roads in the area.
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It however drew the , attention of the Governor to an emerging issue which they said poses  threat to the durability of this critical road infrastructure.
According to the landlords,”at the terminus of the newly constructed pipeline road, the adjoining canal is severely blocked, impeding the free flow of water .
“The canal serves as a vital waterway, traversing several communities, including Rumuokania, Mgbraja, Ogbogoro, Egbelu, Elioparanwo, Mini-Orlu, Rumue-vorlu, Rumuokwachi, Ozuoba, Iwofe, Rumuolumeni, Rumuepirikom, and Mini-kete, among other communities.
“This obstruction has caused water to back up onto the surface of the newly constructed road, leading to accelerated erosion and hazardous conditions for surrounding buildings, motorists, and pedestrians alike within RumuokaniaRumuoke communities.
“It is against this backdrop that we respectfully request the kind intervention of our dear Governor in this regard:
” We humbly request the desilting of the canal to restore proper drainage and prevent water overflowonto the newly constructed internal roads and flooding within the communities.
“. We also request the construction of adjoining roads to the area to provide alternative pathways and improve overall accessibility in the area.
“Addressing these germane concerns will not only safeguard the investment of the state government in road infrastructure in the area but will also mitigate flooding, enhance safety, and further elevate the living standards of residents of Rumuokania and Rumuoke communities”the landlords said.
By: John Bibor
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Rivers Judges Begin Christmas Vacation Dec 23

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December 8, 2025

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Judges of the High Courts of Rivers State will proceed on this year’s Christmas and New Year vacations on Tuesday, 23rd December 2025.

This was contained in a statement signed by the Registrar, State High Court, David Ihua-Maduenyi, on behalf of the Chief Judge of the State, Justice Chibuzor Amadi, and made available to newsmen over the weekend.

The statement stated that judges will commence the yuletide vacation from Tuesday, 23rd of December 2025, and resume on Monday, January 12, 2026.

According to the statement, the directive is in compliance with the provision of Order 49 Rule 4(C) of the High Court of Rivers State Civil Procedure Rule, 2023.

The statement added that during the period of the vacation, all judicial divisions of the High Court of the State shall remain closed, while a vacation judge shall be designated to entertain only urgent applications and matters filed during the vacation.

 By: Akujobi Amadi 

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Govt-Approved Land Authority Emerges In Alesa To End Land Grabbing

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December 8, 2025

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Land grabbing and crisis of fraudulent land sales may soon be a thing of the past as Rivers State begins experimenting the community land development committee system.

The experiment saw the light of day in Alesa Eleme where the Alesa Land Development Commiittee (ALDEC) was inaugurated last Friday by the paramount ruler of Alesa, Emperor J.D. Mkpe.

The Alesa community where the Port Harcourt refineries are situated has implemented the recommended formula with the strong support of the paramount ruler said to be a respected leader known for his commitment to peace, education, community development, and support for law enforcement, often advocating for better infrastructure and governance in his area.

 

Inaugurating the committee headed by a businessman, Mr. Emmanuel Olaka, the paramount ruler recounted the contributions of his community to economic development of the nation.

 

“Alesa is one of the 10 communities in Eleme and we are the first community in Nigeria that has refineries. The Port Harcourt Refinery (1&2) that has a lot of pipelines surrounding us. We have done a lot of contribution in making sure Nigeria stands great among all nations.

 

“We are made up of about 13 communities due to expansion. When I say 13 communities, Alesa is a community that has embraced other people. You can see here some people from the northern community. All the communities are here. That is why Alesa is known as a cosmopolitan community.

 

“Because we have got a lot of information about sale of land, and because we now have a situation whereby other persons will go into another person’s land and sell without the owner’s notice. We have also got information about minors who are not qualified to sell landed property, now selling land without letting their elders know.

 

“And that is why today, we are going to inaugurate a land development committee whose duty is to see into all these issues and bring up report about them. This will make both buyers and sellers feel very free in Alesa.

 

“We seize this opportunity to warn thus: if you sell any land to anybody without this committee’s knowledge or consent, you are doing it at your own risk. If you are buying any land from Alesa, this committee will know. By this, we will track those selling the land to you so that you don’t buy land from a wrong person. We also do not want you to buy land from an under-aged persons (children) who will sell land and run away.

 

According to him, we are also partnering with the Rivers State government on the project because those who buy land in Alesa with due process would be backed all the way to acquisition of certificate of occupancy (CofO).

 

“We are duly registered and we hereby show the world our certificate of registration and recognition. This is not a shabby arrangement. We have the registration and the authority which we have here as a body approved by the government to go into this development. This also is the registered constitution of the body.

 

 

“We will also make sure that whatever land you buy here, will be registered with the government of Rivers State through the office of the Surveyor-General and the Ministry of Land and that of Housing. This is to permanently stop land grabbers,

 

“We want you to buy and develop, not to keep for decades. Failure to develop your land after five years, the land will be forfeited to the government of Rivers State as a ‘waste land’ that you do not want to develop. So we are here not to maltreat any individual, we are not here to punish anyone, but to make sure your money is safe.

 

“We are optimistic that this strategy will work for us all. One of the greatest persons who has been able to identify with us is the Mayor of Housing. He has been friendly to us and to our aspirations.

 

Speaking immediately after the inauguration, the chairman of Alesa Land Development Committee, Mr. Emmanuel Olaka, vowed never to betray his community.

 

“I want to extend my sincere appreciation to the Alesa Council of Chiefs, the women, the youths, for nominating me to be the chairman of the Alesa Land Development Committee. I want to say this afternoon that I, Emmanuel Olaka, a bonafide son of Alaka, from Uwueke community, I will never disrespect this community. I will always do what is right, so that my God will always stand by me. I will not be biased.”

 

Also speaking, the Mayor of Housing, My-ACE China, who is behind the Alesa Sustainable Green Smart City, commended the community for leading the way and the war against land grabbing and land fraud.

 

He said the development would augur well for the green city being initiated in the area and other projects coming to Alesa.

 

He urged other communities in Rivers State and beyond to move fast and inaugurate such committees to put an end to land grabbing.

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