Niger Delta
Delta Denies Seeking Fresh N100bn Loan
Delta State Government has cleared the air on myriad of claims that it was seeking new loans from banks ahead of the 2023 general elections.
It alleged that the misinformation is being peddled by the opposition, All Progressives Congress (APC), in the state, saying the state was not seeking fresh N100 billion loan as being alleged.
Commissioner for Finance, Chief Fidelis Tilije, stated this at a joint press conference with his Information counterpart, Charles Aniagwu and the Chief Press Secretary to the Governor, Olisa Ifeajika in Asaba.
He recalled that the State Government had earlier received an approval from the House of Assembly to obtain N150 billion bridging finance from the N240 billion accrued refunds to the state on the 13 per cent Derivation Policy.
He said the needed facility was later reduced to N100 billion by the state government after deliberation with finance houses involved in the arrangement.
According to him, after the discussion a new lead-finance-house emerged as against the one that was the leader at the time the House of Assembly gave the approval for the government to obtain the bridging finance facility.
He, therefore, explained that with the emergence of a new leading finance agent on the facility, and because of Governor Ifeanyi Okowa’s strict adherence to due process and law, “we went to the House of Assembly for a fresh resolution on their existing approval in line with prudential guidelines”.
He said: “I am drawn into this because we are beginning to see some misconceptions, particularly with regards to the N100 billion discounting facility that the state haas taken.
“I recall very vividly too that we have had news conferences where we said that the totality of the amount that we are trying to discount is still the same.
“We intended to take N150 billion as discounting facility from the market. But, when we reviewed the cash inflows, we reduced it to N100 billion.
“It is that same N100 billion that we have to go again to the House of Assembly last week because we found out that the lead agent of the said facility was not moving as fast as we want.
“So, all we did last week was to go back to the House of Assembly to seek their consent to enable us change the lead bank for that discounting facility.
“It is not a new loan, discounting facility nor a new bridging finance. It is still the same N100 billion we have been talking about.
“I know that in certain other states, the need to go to the House of Assembly may not even arise. This is because the responsibility of determining who is a lead agent in such a facility, lies squarely on the Executive.
“But, Sen. (Dr) Ifeanyi Okowa, in his usual manner, felt that whatever alteration we are going to be making, we must still go back to the House of Assembly for consent.
“You will also recall too that while we were here before to brief you on this matter, we itemised all the projects we will be doing with the facility, and we are on course with these projects.
“For those who do not have the details of the projects tied to this discounting facility, they can go to the House of Assembly. It is a public document.”
On the other N20 billion facility, Tilije said it was a loan for an investment by the State Government in a floating gas company to be situated in Warri.
He said the State Government gave the company the condition of siting the company in Warri before it could invest in the project.
The Finance Commissioner further said that when completed, the project would provide jobs for citizens and increase the state’s internally-generated revenue.
On his part, Aniagwu said a number of the projects listed in the request for the bridging facility were being delivered, adding that some were inaugurated last week by the Peoples Democratic Party (PDP)’s Presidential Candidate, Alhaji Atiku Abubakar.
He said the state government would continue to be transparent and accountable to the people of the state as promised by Governor Ifeanyi Okowa and Vice-Presidential Candidate of the PDP.
By: Albert Ograka,
Asaba
The Rivers State Commissioner for Urban Development and Physical Planning, Rt Hon Evans Bipi, has eulogised Gen Gabriel Asabuja over his recent birthday celebration in Port Harcourt.
Bipi said Asabuja is worth celebrating following his numerous contributions and support to the administration of Governor Siminalayi Fubara.
He described Asabuja as a strong pillar of governance in Rivers State, adding that the Ministry of Urban Development and Physical Planning is happy working with him.
He noted that Asabuja’s position as a team leader of the Ministry’s taskforce has been amazing, saying the Ministry is proud associating with him.
The former lawmaker hinted that since Asabuja assumed office as leader of the taskforce, the Ministry has witnessed tremendous improvement.
Bipi said the Ministry will always stand by him to ensure that the dreams of the Governor Fubara-led government are achieved.
On his part, the celebrant, Gen Gabriel Asabuja expressed gratitude to God and the Commissioner for the honour done him.
Gen Asabuja also commended Governor Fubara for his tremendous and good leadership in the State, saying his group will continue to give the Governor maximum support in order to achieve more for Rivers people.
Gen Asabuja described Rt Hon Evans Bipi as one of the best brains working with the Governor, saying under Bipi, the Ministry of Urban Development and Physical Planning has shown capacity to leverage on the Governor’s mantra of Rivers First.
He said both the personnel of the Ministry, the Directors and adhoc staff are happy with his style of leadership.
The Joint Provincial Council, East of the Niger, Anglican Communion, held its 2025 Annual General Meeting at St. Michael’s Church, Rumuomasi Deanery, Diocese of Evo from Saturday 15th — Sunday 16th February, 2025.
The meeting which had the theme, “Kept By His Mercies”, with text from Lamentations 3:22-23, had the Archbishops, Bishops, their wives, Chancellors, Financial Secretaries and Synod Clerical Secretaries of the 58 Dioceses as delegates.
At the opening ceremony on Saturday, the Dean of the Church of Nigeria (Anglican Communion) and Chairman of the Council, Most Rev Blessing Enyindah, charged delegates to stay focused and committed to the matters for discussion and implement decisions reached for the growth of the Church in the region and the advancement of the business of God’s Kingdom.
Most Rev Enyindah, who is also the Archbishop of the Niger Delta Province and Bishop of the Diocese of Ikwerre, lauded the Diocese of Evo for the giant strides recorded in just 15 years of existence while tasking the leadership not to rest on its oars but to strive further to complete the work of the Kingdom in their hands.
Addressing the council in his welcome address, the Bishop of the Diocese of Evo and host of the Joint Council, The Rt Rev Innocent Ordu, welcomed the delegates, and reminded them that the theme is apt and fit as it reminds the Church of God’s inexplicable and instructible mercy towards mankind, which supersedes His righteous judgements.
Bishop Ordu further lamented the many challenges bedeviling the country, such as skyrocketing cost of living, ravaging sicknesses and ailments, proliferation of harmful drugs, natural disasters, high level corruption in public offices, inept political leadership, amongst others, which he said could not consume mankind because of God’s mercies.
In their separate speeches, delegates saluted the Diocese of Evo for willingly accepting to host the council and the comfort they enjoyed during their stay.
Earlier, the council appointed the Synod’s Clerical Secretary of the Diocese of Evo, Rev (Canon) (Dr) Ebenezer Owhor as the Assistant Secretary of the Joint Council.
Also, before the commencement of plenary, the women of St. Michael’s Church, Rumuomasi Deanery thrilled delegates to good traditional tunes and dance steps while His Royal Highness Eze( Sir) Raymond Chinda led the chiefs and elders of Rumuomasi community in Oropotoma Kingdom, to appreciate the council for choosing the community to host the meeting.
They solicited for prayers of peace, unity and development from the council.
The meeting ended on Sunday evening while the Archbishops and Bishops worshipped in various churches in the Diocese of Evo.