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‘Peace Sustains Rivers Economy’

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Rivers State Governor, Rt. Hon. Chibuike Rotimi Amaechi, has described the prevailing peace in the state as what sustains the Rivers economy.

Governor Amaechi recalled that when he became governor, the state economy was at its lowest as companies and expatriates relocated to other parts of the country on account of insecurity in the state. But he said with steady efforts to tackle insecurity, his administration was able to restore peace to the state as the economy also bounced back.  He assured that he would continue to maintain the peace in the state.

Governor Amaechi spoke during a town hall meeting with the people of Okrika at Okrika Local Government council headquarters last Thursday.

The governor said, “I will discuss security in line with what I consider my contribution to the growth of the state. When I became governor of Rivers State, you all know how Rivers State was. You know that it was bad.  I hardly had time to sleep because if one group is not attacking here, another group is attacking there. They were all everywhere and it was like a war zone.  And it occurred to me that as a young man if you don’t confront these young boys or young men, we would not have a state called Rivers State. Our economy was crashing, people had left the city, companies had folded up, whitemen had gone, we had no business again. When I took over, they used to pay them to come and bury somebody in either Okrika or Buguma or Abonnema.  You must pay money. They will give you one or two hours to come and bury and go. So the micro-economy was going, that economy had crashed in the riverine areas. We sat back, we discussed with the military, we discussed with the police, we argued and argued and at the end of the day we took one decision – we will not pay anybody anymore. From today henceforth no more payment, because before I became governor, government was paying kidnappers N250million, N500million, so people were even arranging kidnapping”.

“I am a Christian, so I sat back and I prayed to God that this war is not mine, it is yours and you must fight to redeem your people and the people are Rivers people and that includes Okrika people and the first place we attacked was Okochiri(in Okrika). We needed to do that to be able to let everybody know that there is a government. So I felt that there was the need to come out and address that issue if the economy of Rivers State must kick-start again. So we started the battle to make everybody accountable for their actions. People were being killed every day. Young boys at 15, 18 were parading the streets with guns, people were scared. We were told that some people were buried alive here in Okochiri. We moved in. Today, what do we have? We have peace. We must thank God that we have peace. Now our parents can go about their business. Our mothers can go about their business. Our young girls who had run away before, now they are coming back home, nobody is being molested anymore. We will not allow this peace we are enjoying now to escape from us again, never again. We must hold it tenaciously”, he said.

Amaechi said his administration had constructed 10 model primary schools in Okrika Local Government Area with six others to be completed soon. He named the completed ones to include State School, Ibuluya, Government State School, Okrika, Town School, Ogoloma, Town School, Isiaka, Government State School, Abam-Ama, State School, Kalio-Ama. Others include State School, Ndubuisi-Ama, B.S.S. Okrika, State School, Oba-Ama, State Primary School, Azubie and Ibaka Town School, Ibaka.

For the model primary healthcare centres, Amaechi named the completed ones already in use to include the one at ATC Ibaka, Anyungu Biri, Okochiri, Ogoloma and Ogan-Ama, disclosing that his administration has also constructed the Okrika ring road named after a former governor in the state, Rufus Ada-George. The governor disclosed that there is also ongoing land reclamation project at Oba-Ama community.

Amaechi promised to establish a fish farm in Okuma-Ama, Okrika which will also create employment for the people. The State government, according to him, will put in place a temporary water scheme in Okrika to provide potable water for the people, while waiting for the federal government that has promised to do a comprehensive scheme in Okrika. He also said his administration has offered scholarship to students from Okrika to study in universities abroad.

The governor equally said the state has disbursed N2billion to the Rivers State Microfinance Agency (RIMA) to boost microeconomic activities in the state by giving Rivers people business loans.

Earlier, the Chairman of Okrika Local Government Area, Barr Tamuno Williams in his address of welcome, commended Governor Amaechi for keeping his promises to Rivers people.

“Your visit is auspicious, your visit is an impeccable demonstration of a government that is alive to its duties and responsibilities. You are a faithful leader, a leader who keeps his promises, who is steadfast, who tenaciously holds unto ideals”, the Okrika chairman said.

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NCDMB Signs Mgt Deal With Radisson, Edison…As Board’s 204 Rooms Hotel Open December 2026

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The Nigerian Content Development and Monitoring Board (NCDMB), on Monday signed an international management agreement (IMA), with Radisson Hospitality, Belgium and Edison Hotel and Property Development Company with respect to the Board’s 204 rooms hotel and conference center, developed adjacent to the Content Tower, headquarters of the NCDMB in Yenagoa, the Bayelsa State.
A statement by the Board’s Directorate of Corporate Communications says the management agreement was signed in Durban, South Africa by the Executive Secretary of NCDMB, Engr. Felix Omatsola Ogbe, Executive Chairman of Edison Corporation, Mr. Vivian Reedy and Director of Radisson, Mr. Garnier Erwan.
Giving assent to the agreement, Ogbe affirmed that discussions, reviews, and compliance requirements have lasted for over two years, and that the Board secured the approval of all key stakeholders, including the Attorney?General of the Federation and Minister of Justice, Lateef Olasunkanmi Fagbemi, SAN.
“The support of stakeholders ensured that the Agreement meets Nigeria’s legal and regulatory standards.The aspiration of the NCDMB is to deliver a world?class hotel in Yenagoa, Bayelsa State with a fully equipped conference centre—designed to serve the oil and gas industry stakeholders and the Nigerian public”, he said.
He pledged the NCDMB’S commitment to completing the hotel on schedule time and achieving the opening in December, 2026.
“We appreciate our responsibilities—construction quality, pre?opening readiness, funding, safety and security compliance, and maintaining Radisson’s global standard. We will do our best to meet our obligations”, Ogbe added.
The Board’s Scribe charged the  Hospitality firm to bring its expertise, systems, and brand strength to deliver a hotel that offers excellent service and guest experience, expressing hope that the partnership with Edison Hotels will create a facility that reflects global quality and supports Bayelsa’s position as an oil and gas hub.
“This project reflects NCDMB’S commitment to using strategic investments to boost productivity, attract investment, build local content, and expand opportunities for business and tourism in Nigeria when completed.
“Radisson Hotel and Conference Center Yenagoa will stand not only as a hotel, but also as a symbol of what strong partnerships can achieve”, Ogbe noted.
In his remarks, Executive Chairman of Edison Corporation, Vivian Reedy described the organisation’s  role as a bridge between the owner and the operator, highlighting the group’s intensive experience in the hotel industry, and determination to ensure alignment, transparency, accountability and performance.
“We understand that a successful hotel is not just about buildings. It is about disciplined management, strong oversight, brand integrity, and a shared commitment to excellence.
“Part of our firm’s responsibility is to ensure that the hotel is delivered, operated, and managed in a manner that protects and announces the owner’s investment, while fully supporting Radisson in achieving operational excellence”, he said.
The Edison boss assured that working closely with Radisson and NCDMB’s team, the Radisson Hotel and Conference Center, Yenagoa will become the leading hospitality and conference destination in Bayelsa State, saying it is catalyst for business and investment, and a symbol of quality professionalism and international standards.
He emphasized that the firm has had wonderful successes with Radisson in other locations, even achieving 95% occupancies, noting that the company’s approach is to strengthen governance, support performance, and ensure the interests of the owners are always safeguarded.
“This project represents more than a hotel. It represents a partnership, a trust, and a long-term vision for sustainable value creation. We thank Radisson for its global expertise and operational excellence.
“Edison is fully committed to ensuring that the asset performs strongly, operates efficiently, and delivers lasting value to its owner”, the firm said.
In his speech, the Attorney-General of the Federation Chief Lateef Fagbemi, SAN, representative by Mr. Wada Ahmed Wada described the signing ceremony as historic and wished the parties success in their business relationship.
By Ariwera Ibibo-Howells, Yenagoa
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FG engages foreign investors at PEBEC Roundtable on business environment reforms

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Senior government officials and foreign investors operating in Nigeria met in Abuja on Thursday as the Presidential Enabling Business Environment Council (PEBEC) convened the Third Existing Foreign Direct Investors (FDI) Roundtable to address challenges affecting the country’s investment climate.
The high-level engagement, held at the Banquet Hall of the Presidential Villa, brought together top policymakers and representatives of foreign companies for discussions aimed at improving Nigeria’s business environment and strengthening investor confidence.
The roundtable forms part of PEBEC’s efforts to deepen collaboration between government institutions and the private sector while ensuring that ongoing reforms translate into tangible improvements for investors already operating in the country.
Opening the session, Senator Ibrahim Hadejia, Deputy Chief of Staff to the President, welcomed participants on behalf of the Vice President and Chairman of PEBEC, reiterating the Federal Government’s commitment to maintaining a stable and transparent business environment that supports investment and economic growth.
In her remarks, the Director-General of PEBEC, Princess Zahrah Mustapha Audu, said the council remains committed to sustained engagement with investors and coordinated implementation of reforms across government agencies.
She noted that existing foreign investors play a critical role in Nigeria’s economic development through job creation, capital investment, technology transfer, and supply chain development.
According to her, PEBEC’s engagement strategy prioritises listening to investors already operating in the country in order to identify and address operational challenges affecting their businesses.
The roundtable featured presentations and interactive discussions with senior government officials responsible for regulatory and policy frameworks affecting investors.
Among them were the Executive Chairman of the Nigeria Revenue Service, Dr. Zacch Adedeji; the Comptroller-General of the Nigeria Customs Service, Bashir Adewale Adeniyi; and the Inspector-General of Police, IGP Olutunji Rilwan Disu.
Also participating virtually was Mr. Taiwo Oyedele, Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms and Minister of State for Finance-designate, who spoke on ongoing fiscal and tax reform initiatives aimed at improving tax certainty and strengthening revenue administration.
During the discussions, investors raised technical questions and shared insights on issues relating to security, tax administration, customs procedures and fiscal policy reforms.
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MAN warns against illegal recycling of File photo

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The Manufacturers Association of Nigeria has warned against the illegal destruction and recycling of returnable packaging materials belonging to beverage companies, following a recent police crackdown on illegal factories in Anambra State.
Earlier in February, the Nigeria Police Force, working with beverage manufacturers, reportedly raided several illegal facilities in Onitsha and surrounding areas, where individuals allegedly destroyed returnable glass bottles and plastic crates belonging to beverage companies.
In a statement on Friday, the Director-General of the Manufacturers Association of Nigeria, Segun Ajayi-Kadir, condemned the destruction of these packaging materials as unauthorised and economic sabotage against businesses, and hailed the efforts of the police and regulatory agencies.
“The recent raid is the outcome of sustained engagements and intelligence-led investigations and represents a decisive step by authorities to protect legitimate business operations, uphold environmental standards, and deter further illegal activity,” Ajayi-Kadir said.
The MAN DG described the practice “as criminal and a serious economic sabotage… as assets remain the property of beverage companies that have invested heavily in these sustainable packaging materials to protect the environment”.
According to a Vanguard News report, the Executive Secretary of the Beer Sectoral Group of the Manufacturers Association of Nigeria, Abiola Laseinde, commenting on the February crackdown on alleged factories in Anambra, stated that, “The recent raid is the outcome of sustained engagements and intelligence-led investigations… a decisive step by authorities to protect legitimate business operations, uphold environmental standards and deter further illegal activity.”
Ajayi-Kadir confirmed the earlier news reports, affirming that the police acted on credible intelligence to dismantle illegal operations involving the theft, destruction, and unauthorised recycling of companies’ returnable packaging materials.
He stated that the association received reports from member companies that some factories were destroying company-owned bottles and crates for resale as raw materials, resulting in businesses losing millions of naira in investments.
“The police, working with member companies, acted on credible intelligence and stormed the factories to crack down on illegal disposal, theft, and unauthorised recycling of the returnable packaging materials of the affected companies, notably returnable glass bottles and plastic crates,” Ajayi-Kadir said.
Ajayi-Kadir added that investigations revealed that large quantities of bottles and crates were diverted from legitimate channels into informal recycling networks across the South-East.
“Member companies identified multiple illegal locations in the South-East where they crush our bottles and crates for resale as raw materials, while police investigations showed that significant quantities were being diverted from legitimate channels into informal recycling networks,” MAN’s DG said.
He noted that in several cases, reusable bottles were deliberately broken and plastic crates shredded and sold as raw materials, thereby undermining beverage companies’ circular packaging model.
He remarked, “These Returnable Packaging Materials are company-owned assets designed for multiple reuse cycles and form a critical part of their sustainability, cost-efficiency, and product quality systems. It’s a criminal activity to destroy them.”
Meanwhile, Ajayi-Kadir warned those involved in the illegal practice to desist, stressing that the association would continue to collaborate with law enforcement agencies to ensure offenders face the full weight of the law.
He added that beyond the direct loss of assets, the activities disrupt supply chains, raise operational costs and pose environmental and safety risks due to unsafe recycling practices.
MAN urged relevant government agencies to intensify efforts against the illegal diversion and destruction of returnable packaging materials outside the beverage industry’s value chain.
MAN’s DG also called on members of the public to report suspicious activities to the police or to the consumer care lines of beverage companies.
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