Politics
RSG’s Bill On Loans Before RVHA
A bill seeking to empower government raise loans through the issuance of bonds, notes and other debts securities presented by the Rivers State Governor is now at public hearing stage.
The House Committee Chairman on Finance, Hon. Olu Josiah John, member representing Eleme Constituency who thanked the Governor for his kind gesture, noted that the aim of the bill was to help government finance various projects going on in the state, such as building of the new University of Science and Technology (UST) site, Port Harcourt/Obio Akpor water scheme, UPTH, Ada-George Road, central sewage system in Port Harcourt, and the high-way from Airport to Eleme.
The Commissioner for Finance, Mr. Peterside Chamberline said the purpose of raising bonds is to enable the Governor complete the on-going projects in time.
He emphasized that the bill would empower the executive to carry out their oversight function, adding that this is the first time the State is embarking on such a venture.
Also speaking, Hon. Levi Gogo Charles, Commissioner for Budget and Economic Planning stated that the purpose of the bill is not to mortgage the lives of the people of the State rather the State is moving with its agenda to provide good road network, Hospitals and Schools for its citizens.
According to him, it would help the State to ensure that debt and projects are not abandoned and proper records kept.
Earlier, the Director legal and Enforcement of the board of the Internal Revenue, Sir Isaac K. Onyekwere commended the executive over the bill, stating that the board is in total support of it, because the level of development in the state is an evidence of good leadership.
He urged the State Governor to restructure the board of internal Revenue for efficiency and accountability.
In his speech, the representative of the Attorney-General and Commissioner for Justice, Mr. Prepalibo A. Briggs, pointed out that the essence of the bill is to put a legal framework that would assist the State to move forward.
He said, the bill contains checks and balances because there is provision for division of labour, and it would help to regulate the movement of fund in the State.
Politics
LP Crisis: Ex-NWC Member Dumps Dumps Abure Faction
Mr Ojukwu, who recently returned to the interim National Working Committee led by Senator Esther Nenadi Usman, noted that the party had 34 elected members in the House of Representatives, eight Senators, and 80 members at the state Houses of Assembly after the 2023 general elections.
“Now we lost all of them,” he said. “I don’t think we have as many as five members in the National Assembly.”
The former national officer of the LP talked to journalists in Abuja and said he chose to join the caretaker committee led by Senator Nenadi-Usman because they are now the officially recognized leaders of the Party.
“I chose to work with the caretaker committee to help save the Labour Party, for the benefit of the party. I also want to use this chance to ask my colleagues at the national, state, and local government levels to come together and help rebuild our party.
“Another election is around the corner. We lost everything we have. They have left to other political parties. So I’ll reach out to all my friends in the other group to get together and work on making this party stronger again.
“The caretaker committee has formed a reconciliation committee. Let’s come together and talk so that we can restore the first opposition political party in Nigeria.”
Mr Ojukwu, who was part of the Julius Abure’s group, said there are no more factions in the LP.
He added, “There is a court ruling, and since it is valid, the right people are in the correct positions.”
He urged Barr Abure and others to drop the legal cases they have filed because they are not helping the party.
“Litigations are killing political parties”, he said. “They’ve seen many political parties disappear because of legal battles, and the Labor Party is losing support every day, which makes me feel sad.”
Mr Ojukwu said he did not think joining the Senator Nenadi-Usman’s NWC was a betrayal of the Abure group, describing himself as “the oxygen” of that faction.
“I’m with this group because of the verdict. But I never betrayed anybody. Rather, I was betrayed,” he added.
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