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Politics Of Currency Review …Failed Battle of A Central Bank Governor

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When Malam Sanusi Lamido Sanusi, the highly intelligent,
educated, fearless and no less patriotic Governor of the Central Bank of
Nigeria (CBN) resolved to introduce “project care”, CBN’s currency
restructuring exercise to Nigerians, the prince of Sokoto caliphate was no
doubt persuaded by love and care for Nigerians and the Nigerian economy.

Unfortunately, barely one month after Sanusi went public
with it, what turned out to be politics of currency restructuring, painted the
project as lacking in care for the citizens and forced the Federal Government
to put the exercise on hold.

The currency restructuring exercise had, like some other
well – intended projects of the president Goodluck Jonathan administration
been, highly politicized in under one month, massing Nigerians in two broad
divides of those in support of the project and those against it, particularly
as it affected the introduction of a single N5,000 note.

It was on August 23, 2012 that the CBN Governor announced
plans to introduce a single N5,000 into circulation and to reduce the existing
N5, N10 and N20 notes to coins by early 2013 in line with statutory
regulations.

Unveiling the plan in Abuja at a news conference, Sanusi had
said that three women: Margret Ekpo, Funmilayo Ransome Kuti and Gambo Sawaba
involved in the independence struggle of Nigeria, had been nominated to be on
the new N5,000 note.

Sanusi said the CBN board had considered and approved the
new currency series on November 28, 2011, adding that the bank also sought and
obtained the approval of President Jonathan on December 19, 2011 as required by
law.

The CBN Governor said under the new structure, the existing
denominations of N50, N200, N500 and N1,000 would be redesigned with added
security features, stressing that when the new structures come on stream in
2013, the Naira currency would comprise of six coins of N1, N2, N5, N10 and N20
and six bank note denominations of N50, N100, N200, N500, N1,000 and N5,000.

Sanusi had also allayed fears that the new N5,000 note might
trigger inflation, heighten corruption and ridicule the cashless policy of the
administration. According to him, there was no correlation between higher
currency denominations and inflation.

The new policy he
said, would, instead, complement its cashless policy and reduce corruption as
the volume of currency in circulation would drop.

The CBN Governor said that the introduction of the new
currency series would be a gradual process as the new bank notes would
circulate simultaneously with the old ones until they were fully withdrawn from
circulation as legal tenders and assured that CBN would ensure that the coins
collection was convenient and the infrastructure readily accessible, just as it
would liaise with all stakeholders to encourage use of coins.

However, the proposition attracted a deafening opposition
from a cross – section of Nigerians, forcing the suspension of the exercise.
Opposition to particularly the introduction of the N5,000 bank note came from
various strata of society including bankers, university lecturers, civil
society groups, labour organizations and political parties including the Action
Congress of Nigeria (ACN), Advanced Congress of Democrats (ACD) and Alliance
for Democracy (AD).

Former Head of Department of Banking and Finance, University
of Port Harcourt, Dr. Prince Nwakanma for instance, believed that the
introduction of the N5,000 bank note would fuel inflation with adverse effect
on the economy. It would also contradict CBN’s cashless policy which, he said
was yet to be enforced by the apex bank. He therefore wondered why the CBN
should introduce the N5,000 bank note when the Naira had lost considerable
value. He insisted instead, that the apex bank should concern itself with
raising the value of the Naira.

For the Ex-president, National Association of Chambers of
Commerce, Industry, Mines and Agriculture (NACCIMA), Dr. Simon Okolo, the
nation’s economy will not fare better with the introduction of N5,000 bank note
since, according to him, it is already affected by high inflation, high
interest rates, infrastructural decay, smuggling and inconsistent policies of
government. He said the organized private sector – the driving force of any
economy had also been adversely affected by high inflation.

According to him, the current low productivity in the
country will not support the proposed currency regime and argued that what
Nigeria needed were policies that would increase her low level production base.

“The apex bank should be seen carrying out its statutory
responsibilities of maintaining price stability in the economy”, Okolo said.

Also criticizing the “Project care” the Association of
Senior Staff of Banks, Insurance and financial Institutions (ASSIBIFI) said the
exercise amounted to policy summersault. Its president, Sunday Salako who
responded to the planned introduction of N5,000
bank notes in a statement, also argued that infrastructure appropriate
for the use of coins in the country was absent, and warned that the
introduction of higher value currency notes in an economy often signifies a
regime of increased and sustained fiscal deficit financing.

ASSIBIFI he said “advocates that national issues of this
magnitude which have serious monetary and fiscal implication on the nation’s
economy should be subjected to public debate for proper input and analysis by
CBN authority”

The Nigeria Labour Congress (NLC) in its robust opposition
to the introduction of the N5,000
currency note on account of various criticisms earlier highlighted, went
further to threaten that it would demand pay rise if the N5,000 was introduced.
On its part, the Nigeria Bar Association threatened to drag the CBN to court
while former President Olusegun Obasenjo, Senate President David Mark and senior
People’s Democratic Party (PDP) members were also opposed to the policy.

However, queuing behind President Jonathan and the CBN in
the now-suspended Project Care were the Federal Government Economic Management
Team (EMT), top flight bank executives, captains of industry, financial experts
and other prominent Nigerians.

The EMT which comprised ministers, top government officials
and members of the organized private sector said it endorsed the policy,
dismissing arguments that it would lead to inflation in the country.

Shamsudeen Usman, Minister of National Planning who spoke on
the issue declared that there were misrepresentations on the introduction of
the N5,000 note.

“There is absolutely no link. I am an economist; I have been
deputy governor, operations of the central bank. During the last review of the
introduction of N1,000 note and the various coins I was deeply involved, it was
my responsibility at the central bank, there is absolutely no link between
inflation and the currency denomination,” he said.

On the issue of coins, Usman said the CBN failed to
communicate what it did properly, adding that the coin will be issued
concurrently with the note until acceptance improved.

Even as movers of the nation’s economy, including Managing
Director, Access Bank, Aigbojie Aig-Imoukhuede, Chairman IBTC, Atedo Peterside
and Chairman, Dangote Group, Aliko Dangote lined behind the proposed currency
restructuring, the opposition forced a listening President Jonathan to suspend
the project.

Announcing the suspension in a statement, CBN’s Director of
Communications Ugochukwu Okoroafor said: “The CBN hereby informs the general
public that the president on Thursday, September 20, 2012 directed that further
action on the approved restructuring exercise be stopped.

“In full compliance with the provisions of the law, the CBN
hereby announces that further action on the said restructuring exercise has
been stopped, until such a time when Mr. President may direct otherwise”.

He stressed that no contract whatsoever, was awarded by the
CBN in connection with the printing and minting of the new currency notes and
coins.

It would be recalled that
former president Olusegun Obasanjo had described the CBN initiative as
one that would stifle production. Like Obasanjo, former military Head of State,
Gen.Yakubu Gowon (Rtd) had also opposed the move by the CBN to introduce the
N5,000 note.

Perhaps, the major undoing of the currency restructuring
exercise was the disinterest of the National Assembly, which appears to be in a
subtle power play with the presidency.

Financial analysts were of the view that the Federal
legislature, which has apparently developed the penchant for flexing muscles
with its executive counterpart, wants to take the credit off the executive, for
the currency restructuring.

Others, particularly the president’s supporters from the
South – South geopolitical zone believe that the “politricking” surrounding the
currency restructuring is part of the grand and sustained design of detractors
to discredit his government.

 

Eventually, both the senate and the House of Representative
at separate sessions on Tuesday September 18, 2012, after a two-month recess,
passed resolutions calling on the apex bank to halt the move.

Earlier, Senator Bassey Otu, Chairman, Senate Committee on
Banking, Currency, Insurance and other Financial Institutions had at a press
conference in Abuja contended that the currency restructuring exercise required
parliamentary approval because of its numerous fiscal implications on the
economy

Otu said the CBN needed to prove that the policy does not
contradict the cashless policy and that “this is the popular economic way to
go”

Echoing Senator Otu’s position, Senator Enyinna Abaribe,
Chairman Senate Committee on Media and Publicity said the CBN cannot take such
a momentous decision which affects the economy in very fundamental   ways without reaching out to the parliament.

“The senate is saying that the major policy change that the
CBN is doing has implications for the country in terms of inflation. Every stakeholder
in the Nigerian government must be carried along. Let us know what you are
doing, why you are doing it, the reason behind that and everything before you
go ahead. This is international best practice”, Abaribe said.

The suspension of the currency restructuring exercise on
September 20, 2012 became the most honourable and patriotic action by the
president in the circumstance, for obvious reasons.

Firstly, going ahead with the policy in the face of intense
and well articulated opposition from the National Assembly would have given a
wrong signal of the executive’s disrespect for the legislature.

Secondly, rumours of unethical and fraudulent considerations
underpinning the exercise and contracts already allegedly awarded in connection
with the printing and minting of the new currency notes and coins would have
assumed lives of their own, had the CBN gone ahead with the exercise.

Thirdly, there were misrepresentations on the introduction
of the N5,000 note which made extensive and considerable interface with
Nigerians by the CBN imperative. This, the apex bank failed to undertake,
leaving many Nigerians ignorant of the policy thrust and incurring virulent
opposition to it. The suspension of the exercise became the most logical thing
to do in order to enable the CBN undertake more enlightenment on it.

Beyond the CBN bashing that trailed the currency
restructuring proposal, some critics went ahead to call for the sacking of
Sanusi. How necessary and realistic were the calls?

Most financial analysts were agreed that such action as
sacking of a Central Bank Governor should be taken very carefully considering
the crucial role of the apex bank in developing the economy of a nation.

Besides, those who spoke to The Tide on the issue described
the current CBN governor, Malam Sanusi Lamido Sanusi as a very competent
financial expert who hitherto, had not disappointed the nation.

They commended his performance in keeping on track the
banking sector reform programme which, they said, had brought sanity into an
industry in which some banks had, prior to the reforms, been conduit pipes for
both local and international money laundering activities.

The analysts also commended Sanusi for CBN’s vigilance which
has occasioned ebb in core banking, which was believed to have been sacrificed
on the altar of round tripping at the foreign exchange market.

Observing that some banks were still involved in some
unwholesome activities by becoming willing instruments in the hands of
fraudsters and some dubious entrepreneurs, the analysts said it was needful for
Sanusi to be allowed to carry through the ongoing banking sector reforms.

It would be recalled that under Sanusi’s watch, some ailing
banks have had their license withdrawn while prominent bank executives involved
in sharp practices that ruined their banks are still giving account of their
actions in various courts of law.

Perhaps, most compelling of the arguments in favour of
retaining Sanusi as governor of the nation’s apex bank is that the power of CBN
to undertake the suspended currency restructuring and the gains therein are yet
to be controverted.

According to one commentator, what undermined the CBN
currency restructuring exercise was that “the apex bank underplayed the
imperative of carrying the people along through enlightenment programmes”.

Under section 19(1) of the Central Bank of Nigeria (CBN) Act
of 2007, “The currency notes and coins issued by the Bank shall be –

a)         In such
denomination of the Naira or fractions thereof as shall be approved by the
president on the recommendation of the board and

b)         Of such
forms and designs and bear such devices as shall be approved by the
president  on the recommendation of the
board”

CBN Director of Communications Okorafor noted in a statement
that in line with the above provisions and for the purposes of more efficient
payments and currency management systems, the CBN proposed and obtained the
approval of the president of the Federal Republic of Nigeria, Goodluck Ebele
Jonathan, to embark on the currency restructuring exercise, codenamed ‘project
CARE’ on December 19, 2011″.

In the light of the foregoing, analysts were agreed that the
1999 constitution of Nigeria had guaranteed the CBN all the powers it required
to operate and that any other call for its autonomy is diversionary.

They contended that there were more urgent issues bordering
on the well being and welfare of the citizenry that required the attention of
government than the autonomy of the CBN.

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Politics

LG Election And Drumbeats Of Liberation In Rivers

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In politics, sustainable outcomes, even though pursued vigorously, cannot flourish where alienation and coercion thrive. Only collaborative leadership can foster the resilience that gives political relationships desired longevity.
Between the State and Local Government structures, such relationships should remain unbroken. It was so in Rivers State. Year after year to wit. Never had there been an absence. One existed, actively much like the other. The people stay in the Local Governments. Mobilisation machines reside with them. It is for them that policies and programmes are implemented. So, they cannot, therefore, be alienated from the governance offered at the State level.
Only an archaic, brute political mentality; a one-man’s selfish interest, approximated as collective concerns of everybody, will conceive contrariwise, and arm-twist such knitted relationship, to break, not into halves, but shreds. But that attempt suffered defeat. It died. Rivers Local Government system is now unshackled. A liberation that dawned on 5th October, 2024.
That day now reckons in history. Clasped from unswerving start of the process and conclusion of the conduct of the Rivers Local Government election, the electorate decided. And in all, 23 Chairmen won, and 319 Councillors emerged, as winners.
Again, people voted in the 6,866 political units scattered in the 319 political wards. Eighteen out of the 19 registered political parties jostled for votes and participated actively in the process. In fact, only Peoples Democratic Party (PDP) did not participate in the exercise. In fact, they boycotted the process on their own volition. None disputed the outcome. Not the membership or executive of the State Chapter of Inter-Party Advisory Council. Not civil society groups. Not local or international observers, who witnessed and monitored the elections. Not one minor or major stakeholder. This is because Rivers State Independent Electoral Commission (RSIEC) discharged its avowed umpire’s duties with diligence and fairness. At the end, certificates of return were presented to the winners on 6th day of October, 2024. We shall come back to the issues of announcement of results and presentation of certificates of return later.
Now, don’t rule it away, it was arduous. The process, I mean. Desperate undemocratic elements dared the law. As forces who feel they are larger than the law, they held it in claws. They chiselled the wheel of democracy at will. They even secured endless supply of multiple court orders and injunctions both to restrain and truncate the process and conduct. Court judgments must favour them. From this mindset, legal battles were fuelled. It was execrated by both junior lawyers and respected silks. None could advise the other in their blind rejection of the stance of the pre-eminence of first-in-hand judgment. What a shame!
There were other coercive overtures and repeated protests. All those they used, brandished them as a two-edged sword, swayed recklessly. But that sword has cut its bearers, leaving them with sore wounds of grief. Of course, even the police seemed bought over. Their acts showed it. Intel laid credence to it. For, on Friday, 4th October, 2024, at 1am, the police served as hired rogues. A detachment deployed from a neighbouring state attempted to breach the gates and secured areas of the Rivers State Independent Electoral Commission (RSIEC). They did so to manifestly steal sensitive electoral materials meant for the conduct of the election. That act, allegedly, was initiated by the Inspector-General of Police (IGP), who claimed his aim was to withdraw a team already guarding RSIEC head office with no record of misconduct, and replace them with infiltrated and compromised agents recruited to undermine and possibly stall the conduct of the election.
However, the State Governor, Sir Siminalayi Fubara foiled the attempt, and minced no word when he said: “Why are they looking for a way to stampede this State? The Supreme Court gave a judgment that all local government activities must be conducted by elected officers. I am saying this here so that the Inspector General of Police will be aware, and also know that any act against the peace of this State, anything that will bring a situation of lawlessness in this State, if it happens, I think at the end of the day, he should be prepared to take responsibility.”
Unashamed, hours after, the police announced withdrawing from its statutory duties on Friday, October 4, they also battled to do damage control of the negative image their overnight action had triggered around the world. There were no police on duty on Election Day. As it were, they stood aloof and watched to see what they considered impossible. In Nigeria, without police presence, social or electoral functions do not get executed. But Rivers State has sufficiently challenged that position. This is not to say, the police are of no consequence. No. But they abdicated their professional oath of office to protect lives and property of the people, particularly during elections.
Obviously, the decision and action of the police showed inclination to vested political interests they sought to protect. Such vested political interests constitute part of the decay that should be rooted out from public institutions because it hampers efficiency and commitment to professionalism. Even up until now, it is still so. If their posture has changed, Rivers people are yet to notice it.
Despite the police rescinding their role, a new chapter has just opened in the public sphere of discourse. Not really about the police but the template associated, for now, only with Rivers State. The Local Government election was conducted without police presence. But other sister security agencies did the needful. How gracious God is? He did not want a bloodbath. As it is written, ‘God will confound thy enemies, and they shall be put to shame’. So, He gave them over to a different spirit that kept them busy while the voting proceeded. And the people rejoiced at the end.
You see, the enemies of the State were not in the election; they chose to protest against the election, and failed utterly in that mission. They watched shamelessly as Rivers people came out in their numbers to vote peacefully and monitor their votes count. And the election turned out to be a huge success. Yes! A monumental success. Rivers Local Government election was conducted without the police providing security. This template is offered for consideration. But when it is adopted, be sure there is a citizens’ support that is purely organic. A common interest must bond the people to safeguard what benefits the entire system or society. No mischief! Such resolve steers progress because only true representatives would emerge from such determination.
Rivers Local Government election was a credible process. Indigenes and non-indigenes alike showed enthusiasm. They participated massively. No voter apathy was witnessed. The electoral process was peaceful. It was free, fair, credible. There was no mismanagement. Election materials arrived voting centres early enough. No indiscretion. Nothing came close to manipulation. The people formed part of the force to push on this radical transformation. It was garnished with good taste. Many did not believe this meal could be this cooked, sweetly.
Power and the political structure have returned to the people. Rivers people acted out their distaste against the power-drunk and self-styled political maverick, whose political ‘guruism’ is antagonism in perpetuity. The election taught dictatorial leaders useful lessons. Yes, it did!
The 5th October, 2024 LG election was possible because Rivers has a David-like leader. Not blinded by craving for raw power. Not hungry for uncouth dominance known of masters. In Rivers people, a Messiah steered the course. The leader is of clean purpose, so that when he stamped his feet, how he was going to drive the process to fruition did not lose steam.
Chairman of Rivers State Independent Electoral Commission (RSIEC), Justice Adolphus Enebeli, declared results of 22 LG chairmanship candidates of the Action Peoples Party (APP) as winners while announcing the candidate of the Action Alliance (AA) party as winner of the chairmanship seat of Etche Local Government Council. Justice Enebeli, who is also the Chief Electoral Commissioner for the election, declared the results in the presence of members of Inter-Party Advisory Council from 18 political parties, leaders of Nigerian Bar Association (NBA), civil society groups, local and international observers, returning officers, newsmen and other key stakeholders. While declaring the results, he said: “We can see that Rivers people and residents in their overwhelming majority of opinion have given veracity of vindication to Rivers State Independent Electoral Commission (RSIEC) avowed position to conduct a free, fair, credible, transparent, all-inclusive, violence-free, successful and treasured election by the Treasure Base of the Nation, Rivers State, without police or security agencies.”
He stated that the polls, which closed at 3pm, witnessed a large turnout of voters who defiled the rains to vote candidates of their choice. He said, “It is, therefore, heartwarming that I stand before you all today to affirm the smooth, safe, free, fair, credible and transparent, all inclusive, successful, violence-free and most treasured conduct of the 2024 Rivers State Local Government Council election despite all odds… Polls were closed across the State by 3pm today. Before then, there was large turnout of enthusiastic citizens who came out to exercise their franchise even in the midst of the heavy downpour witnessed this morning (October 5). Results have been trickling in since the closure of polls, and the good people of Rivers State and residents have spoken through the ballots, and they are in ecstatic expectation of the results of this historic election.”
Justice Enebeli took time to explain the determined efforts made by the commission to ensure a smooth electoral process that built the required confidence in all those who participated in the exercise. “After our stakeholder meeting, the parties had primaries, candidates were screened, and subsequently cleared to contest as Chairmen, Vice Chairmen and councillors from the various wards and local government areas of Rivers State. The commission embarked on enlightenment and sensitization campaign to educate the citizens on their democratic rights and the importance of exercising their franchise. In keeping with extant regulations, the commission displayed the register of voters in all the 6,866 polling units of the State while political parties embarked on campaigns to canvass votes from their supporters.”
Justice Enebeli, however, regretted that while things were progressing smoothly, there was a 10-day protest that gripped the nation, which led to stagnation of social, economic and political activities. “That aside, several legal obstacles and court cases were instituted against the commission by persons and parties in vindication of their democratic rights. Despite these obstacles, the commission remained unbowed and ensured that the 5th October date remained as sacrosanct as it is invariable, especially after the Supreme Court judgment of 11th of July, 2024, and the judgment of the Justice I. P. C. Igwe of Rivers State High Court.
“Therefore, I, Hon Justice Adolphus Enebeli (rtd), in my capacity as the Chairman, Chief Electoral Commissioner of the Rivers State Independent Electoral Commission (RSIEC), and pursuant to the extant provisions of the Rivers State Independent Electoral Law No. 2 of 2018, and all other laws enabling me in that behalf, do hereby make declaration of results for the Chairmanship election into the 23 Local Government Councils of Rivers State. After painstaking collation of results at the close of polls by our team of officials regarding the local government council elections conducted this day, the 5th of October, 2024, I declare the following candidates, having scored majority of lawful or valid votes cast in two-thirds of the wards comprising their respective local government areas of Rivers State are hereby returned as elected Chairmen or Chairwomen.”
He listed the names of the winners for the championship positions to include: Vincent Reuben Obu for Abua/Odual; Chibudom Ezu for Ahoada-East; Iyekor Ikporo for Ahoada-West; Tonye Briggs-Oniyide for Akuku-Toru; Lazarus Gogote Nteogwuile for Andoni; Sule Amachree for Asari-Toru; Anengi Barasua for Bonny; Harry Agiriye for Degema; Brain Gokpa for Eleme; David Omereji for Emohua; Monday Dumiye for Gokana; Isreal Abosi for Ikwerre; Martins Nwigbo for Khana; Chijioke Ihunwo for Obio/Akpor; Prince Isaac Umejuru for Ogba/Egbema/Ndoni; Ishmael Oforibika for Ogu/Bolo; Igwe Achese for Okrika; Promise Reginald for Omuma; Enyiada Cookey-Gam for Opobo/Nkoro; Gift Okere for Oyigbo; Ezebunwo Ichemati for Port Harcourt; Matthew Dike for Tai; and Uzodinma Nwafor for Etche Local Government Councils. He also said that of the 319 political wards, the Action Peoples Party (APP) won 314 councillorship positions while other parties clinched a win each for the remaining five positions. A breakdown shows that All Progressives Congress (APC) secured the seat in Okrika Ward 3; Boot Party secured one seat in Ahoada West; Labour Party (LP) secured the seat in Ward 3; Social Democratic Party (SDP) won the Ward 3 seat; and Young People’s Party (YPP) secured Ward 5 councillorship seat in three different LGAs.
Justice Enebeli eventually presented Certificates of Return to the 23 Chairmen and Vice Chairmen-elect in the October 5, 2024 Local Government Council election, in compliance with Section 59 of the Rivers State Independent Electoral Commission Law No. 2 of 2018. He added, “If I may say so without any sense of immodesty, the election that took place, conducted by us and the results make a vocal statement to Rivers State and Nigerian nation that the ballot paper in the people’s hand is stronger than arms and ammunition.”
There is no doubt that Governor Fubara’s leadership style has altered the electoral dynamics. With democratically elected leadership sworn-in at the local government councils, he exerts a measure of control, not for itself but to align the local government to what happens at the State Government level. This is why on 6th October, 2024, the elected chairmen of local government councils were sworn-in by Governor Fubara.
While swearing-in the newly elected chairmen, Governor Fubara, said that with the Local Government Council election over, the State has now entered into a season of transformation where democracy will not only thrive but the people shall witness delivery of democratic dividends that satisfy their aspirations. He acknowledged with great delight the support of Rivers people in the fight to salvage the Local Government system in the State, adding that the pressure to destroy the Local Government system in Rivers State became intense three days before Election Day when an attempt was made to invade the Headquarters of the Rivers State Independent Electoral Commission (RSIEC).
The Governor said, “But the truth remains, desperate situations require desperate measures. We were confronted with a situation where the local government of this State was heading to doom. And the truth about it is, because of the genuine love that we have for this State, we must salvage the local government election. And what we did, with the support of Rivers people, was to salvage the local government council. And to the glory of God, that has been done and dusted.”
Governor Fubara said with the elections now over, the remainder of the years in office, his administration will not deploy any form of undemocratic ways to confront or fight anybody. He assured that, rather, he will continue to use the means of peace to ensure that the assets of Rivers State are protected. “We assure the Federal Government that we are not going to be party to anything that will lead to break down of law and order in this State. This is because we know quite alright that if there is break down of law and order in this State, Nigeria will suffer, and we are not going to be party to it. That is the reason why our standard, in terms of maturity, is high.”
Governor Fubara charged the newly sworn-in chairmen to ensure that they remain connected with the people in their council areas. He urged them to emulate his approach to peace so that they can be more patient with people and the situation without being violent. “For the newly sworn-in Chairmen, I want you to see yourselves as servants. Once you see yourself as emperor, that is where the problem begins. Once you see yourself as the one who knows it all because of the power of the fund available to you, that is where you will start seeing crisis. But see this opportunity as a call to service. It is an opportunity for you to bring people together and to deliver to the people of Rivers State. We need development in the 23 local government areas. Represent them well. Work for the betterment of your local government. Ensure that you are a servant leader. Open your doors, embrace everyone, and I assure you, that nothing is bigger and greater than that. That is the structure. When you work for the people, when you bring them in, when you help them, there is nothing bigger than that. So, that will be the ingredient of this administration.”
Governor Fubara said he is aware that his detractors are mobilising 20 people per political unit, instructed to attack them when they report to their various council secretariats to resume duties. He noted, “Please, if they are coming with violence, avoid them. The peace of this State is too important to us. It is public knowledge; everybody knows what they are planning. But please, I want to beg everyone of you, follow my approach. At the right time, you will always win if you are patient and calculative.”
Governor Fubara warned them against greed and the urge to amass wealth indiscreetly because the tendency to get everything will make them lose everything. “You must ensure that this opportunity God has given you at this critical time is protected. Don’t fail Him. Don’t fail these elders that have come here to witness this ceremony. We want this to be a landmark. This is the beginning of a new Rivers State, and I am going to make sure that I supervise it with all that I have. I will follow up with whatever is happening in the 23 local governments with everything because I believe this is not a time for me to make any mistake.”
Governor Fubara also said: “You must live above board. But I know with what you have done, your past responsibilities, and a few of you that I know personally, you are not going to disappoint us. We are doing this today for the world, and for Nigerians to know that the issue of local government election, swearing in, and resumption of office in Rivers State is over. So, maybe from tomorrow, the story may be different, not anymore: it can’t happen or it will be stopped. What we are talking about now is a different story.”
While expressing gratitude to God who has remained an abiding strength, courage and sustainer, Governor Fubara appreciated President Bola Tinubu for his democratic approach while giving the government support. “So, on behalf of the good people of Rivers State, I want to thank him (President Tinubu). I am so glad that the Chairman of the Governor’s Forum of PDP, and Governor of Bauchi State, Senator Bala Mohammed, is here with us to witness the ceremony. I want to assure you that I still remain a member of PDP,” Governor Fubara said.
The Chairman of Peoples Democratic Party (PDP) Governors’ Forum (PDPGF), and Governor of Bauchi State, Senator Bala Mohammed, who witnessed the swearing-in of the 23 LG chairmen, said that his Rivers State counterpart, Governor Siminalayi Fubara, has proven himself a true democrat, who, against all odds, has pushed through with decisions and actions to deepen democracy. He added that Governor Fubara has done so by being proactive with an open mind, deploying his democratic instincts with strategies to carefully deliver democratic governance at the local government level, irrespective of party allegiance or consideration. The PDP Governors’ Forum chairman affirmed that Rivers State is a PDP State, even if the just sworn-in local government chairmen and councillors are of different political parties. He bemoaned the situation, describing it as the problem that they have found themselves both as a party and as governors.
However, Senator Mohammed said Governor Fubara, who is the Vice Chairman of the PDP Governors’ Forum, is still an avowed member of the PDP despite the fact that other parties constitute the body of elected officers at the local government level. “Of course, he is still with us. He’s still a PDP man, and I have to come, on behalf of the Governors, to show solidarity to him for this very proactive democratic instinct that he developed, which is a new manifestation in the political arena in Nigeria; where he had to intensify, and he has to develop strategy to be able to deliver governance, irrespective of party allegiance or party consideration. He didn’t have a structure of the party in the State, for certain reasons, and he had to go out to make sure he allows other parties to participate within the political space so that there wouldn’t be any vacuum. And, I think this is very auspicious, that is very creative and I am very proud of him. And I said, yes, we have lost as a party, and that is why we want to be running away from this. Again, he has established himself as a Governor and the pride of all the governors in Nigeria.”
Governor Mohammed pointed to why it is not advisable to ignore a sitting Governor at the sub-national level because of the role he plays and the following he commands, saying the effrontery to undermine the office and person of Sir Siminalayi Fubara as the Governor of Rivers State is largely not acceptable. He added, “A Governor is the Chief Executive. He can do anything. He can spring surprises because the Nigerian State is run by governors at the sub-national level. Even the Federal Government is a tenant. Nigerians live in the States and Local Governments, and that is why what he did today is very proactive and creative, irrespective of the fact that he knew his party will lose. And certainly, because of his deep democratic instincts, he had to allow the other parties to win, and I will just wish that those who have won will see it in their own modesty and willing to give him support. Because he is not doing it with any strings or asking them to do anything. Let the APP and him have that relationship so that he can govern. I had a similar situation in 2019. I governed a State where only nine PDP person were members in the State Assembly and he (Fubara) is still doing that. So, his political sagacity has come to a level where he has become a specimen for democratic studies in Nigeria.”
Now, to the issue of the aftermath of the election and swearing-in. Since July 17, 2024, when the tenure of then serving chairmen elapsed, the police had mounted barricades at the gates of the 23 council Secretariats. They did not want anybody, so it seemed, other than elected chairmen, to access the premises. Not even legitimate staff and civil servants were allowed to gain entry. During the swearing-in, Governor Fubara warned of clandestine plans to attack the councils on the 7th October, 2024, the day elected chairmen would assume office. The police paid deaf ears. Rather, they vacated the gates of Local Government secretariats they had occupied for about four months. As they left, looking so frustrated, some politically-sponsored thugs had a field day running berserk, and burning council secretariats at Ikwerre, Emohua and Eleme Local Government Areas.
To unravel perpetrators, Governor Fubara set up a 7-man Judicial Commission of Enquiry. The only public reaction on a national television threatening to stop the commission from its given assignment is the FCT minister. He spoke of hiring lawyers to stop the commission from investigating the arson, killings and wanton destruction of property as a result. Will he get injunction? Can an order of court become an immunity under which to seek cover for acts against the law of the land? We wait to see what happens!
Meanwhile, Judicial Commission of Inquiry, comprising Hon. Justice Ibiwengi Roseline Minakiri as Chairman; Mrs. Inyingi Brown as the Secretary; Barrister Uzor Ikenga as the Counsel; Barrister Felicia Nwoke; Prof. Blessing Didia; Sir Samuel Egbe; and Venerable Alex Usifor as members, has since started work.
While inaugurating the commission, Governor Fubara said his administration will not look away while ill-guided youths and sponsored political thugs turn the State into a theatre of violence without being made to pay for such crimes against the State. “So, I have decided to take this action to find out the immediate and remote causes of this arson, most importantly, no matter the personalities involved, we must bring them to book. This assignment is a very important. It is an assignment that, if it is not done rightly, would give the enemies of this State opportunity to continue. And if we are right, it is going to be the end of further destruction of public property in the State. I know it is going to be very tasking. I can assure you that there will be threats, but you have to be strong,” he advised.
Governor Fubara stated that it is long overdue to inaugurate the commission of inquiry owing to incidences that have been witnessed since his administration came on board. “It has become very clear that rather than getting close to the path of peace, this State is gradually turning into a kingdom where law and order is no longer the order of the day. And we cannot fold our hands and allow such thing to happen. On the 5th of October, 2024, about four days ago, we had an election in this State. Before the election, we also heard from a lot of quarters, songs of war, (and) threats but we never took them seriously because we believed that a local government election is a prerogative of the State Government. It has nothing to do with anybody anywhere that is outside the confinement of our State. And for that reason, we believed strongly that whatever it is, we could manage it to produce the purpose of that election.”
Governor Fubara further said: “But, it is very unfortunate that after the election, even while the election was going on, several things happened, which we managed, thinking it was going to end there. The day after the election, there were also more threats from people, and we also thought it was just a normal threat, believing that it was not going to be out of hand but it did.”
Governor Fubara told members of the commission that God has not made any mistake to find them suitable for the assignment given to them. He outlined their terms of reference to include: “Determine the underlying causes of the violence and identify the individuals or groups reasonable for the attacks on some Local Government Council Headquarters and the harm caused to citizens; Evaluate the extent of damage to property, infrastructure, and human lives and estimate the financial losses incurred; Examine whether the violence was politically motivated, and if so, identify the key players and their roles in instigating the violence; Assess the effectiveness of the security agencies’ response to the violence and identify areas for improvement; Investigate the actions of individuals and groups involved in the violence in the face of the relevant laws, including the Violence Against Persons (Prohibition) Act, 2015, etc; Advise on adequate compensation and support for victims and their families, as well as measures to prevent future occurrences; Make recommendations on long-term strategies to prevent similar incidents in the future, including recommendations for policy reforms, community engagement, and conflict resolution mechanisms; Recommend appropriate sanctions for individuals and groups found culpable; and Make other relevant recommendations in light of its findings which the commission may consider appropriate”. They have called for Memoranda from members of the public and stakeholders in the State. They have one month to conclude their findings and submit recommendations to the Governor.
In Rivers State, nonetheless, what needs to be known is that, with the leadership provided by Governor Fubara, the people have used the local government election to liberate themselves. Now, Rivers is free. Rivers now breathes fresh air. Rivers is now great again. Rivers feels home and peaceful with Sir Siminalayi Fubara.

By: Nelson Chukwudi

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New Council Chairman Promises Development Of LGA

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The newly elected Chairman of Abua/Odual Local Government Council of Rivers State, Hon. Vincent Reuben Obu, has  resumed office with the resolve and assurance to govern the LGA with a deep sense of responsibility and consultation with stakeholders to bring sustainable development in the area.
Hon Obu disclosed this while speaking with news- men at Ayama, Abua Central shortly after swearing into office, the vice Chairman of the Council, Hon Eruka Enanaapu and new councilors representing the 13 Wards of the LGA and constituting the 9th Legislative Assembly, with Rt Hon Memonye Wariboko representing Ward1 elected as the Leader.
The chairman dissolved all standing committees and political appointees from the previous administration, and announced the appointment of Dr. Otuoye Asher as the new  secretary of the council.
He affirmed his campaign promises to commission projects within 100 days in office, stating  that the Abua/Odual rural electrification project would be one of the key initiatives to be commissioned within his first 100 days in office.
Hon Obu condemned the recent unleashing of mayhem and destruction of some local government secretariats by hoodlums, and urged  residents to remain law-abiding and key into the peaceful leadership of the Rivers State Governor, Sir Siminalayi Fubara which is bringing total transformation and development in Rivers State.
In their remarks, the Chairman Local Government Service Commission, Pastor Goodlife Ben Iduoko, and Bar Daniel Atemie, congratulated the new Abolga Council Boss and expressed confidence in his capabilities to dispense good governance and democratic dividends in the area.

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LG Polls: NCSU Hails Fubara’s Courage

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The Nigeria Civil Service Union(NCSU) has expressed delight over the outcome of last Saturday’s local government elections in Rivers State, and commended Governor Siminalayi Fubara for his uncommon courage,  forthrightness and resilience which made it possible for his candidates to win the elections.
The Rivers State Chairman of NCSU, Comrade Chukwuka Richman Osumah, who made the commendation in an interview in Port Harcourt, said the Governor demonstrated uncommon courage, forthrightness and resilience during the build-up and countdown to the elections which paved the way for the successful conduct of the elections and emergence of his candidates as winners of the elections, describing the elections as generally peaceful.
He noted that many people in the State did not give Governor Fubara a chance of successfully weathering the political storm during the build-up to the elections, as they had thought that the entire process was going to be a disaster.
Osumah thanked Governor Fubara for overcoming all odds and ensuring that  the entire process was hitch-free,   peaceful and credible, describing the successful outcome of the elections as a victory for democracy.
The labour leader also condemned in strong terms the invasion of local government councils in the State by  political thugs, shortly after the successful swearing-in of elected council chairmen by the Governor, and expressed joy that Governor Fubara has constituted a panel of inquiry over the development, contending that all those responsible for the mayhem inflicted on the affected councils would pay dearly for their actions.
Osumah equally applauded Governor Fubara for proving that he is truly the Chief Security Officer of the State, before, during and after the elections, adding that it was a great feat that the elections were successful, peaceful and hitch-free without the prying eyes of the police.
He noted that the Governor’s detractors had taken his peaceful disposition for granted, and affirmed that  Governor Fubara has truly proved to the world that he is capable of ruling Rivers State.
He, however, appealed to the elected council chairmen and councillors to continue to support Governor Fubara and work for the collective good of Rivers people, insisting that the enemies have not yet gone to sleep but are still awake, to cause more havoc to the State.
He said the Governor as a former civil servant who rose from the ranks to the top echelon of the Civil Service, would continue to enjoy the support of civil servants in the State, and expressed optimism that his administration is going to implement the new minimum wage, as the Governor had promised, particularly now that the local government elections are over.
Osumah carpeted the Inspector General of Police over his roles in the political crisis rocking the State, saying instead of protecting democracy by virtue of his professional calling, he  is rather destroying democracy.
According to him, the IGP has a question to answer over his roles in the Rivers political crisis, and has a lot of explanations to make to President Bola Tinubu.

He expressed delight that police operatives several council secretariats in the State, describing it as a welcomed development.

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