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Niger Delta

Anchor Insurance Declares Dividend To Shareholders

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12 years ago

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Akwa Ibom State-owned
Anchor Insurance Limited has declared a dividend of N2.5k per share for shareholders for the year ended December 31, 2012.
This is an increase of 25 per cent over the dividend paid in the previous year.
Its Chairman, Board of Directors, Mr Senas Ukpanah, made the declaration during the company’s 23rd Annual General Meeting last Thursday in Uyo.
Ukpanah said that the increase in dividend payment was in fulfillment of the promise made earlier by the board to its shareholders.
He said that the board and management would work hard to remain profitable and make the company a rewarding institution to investors.
”I am indeed pleased to inform you that the board of directors is recommending a dividend of N2.5K per share, being an increase of 25 per cent dividend.
“This is an indication that the board kept to the promise made at this gathering last year to improve on the dividend payment,” he said.
The chairman also said that in spite of challenges in the industry, the company recorded growth in some key areas.
He said that gross premium increased by 60 per cent from N1.144 billion in 2011 to N1.825 billion in 2012.
Ukpanah said that the total claims which the company paid amounted to N230.52 million against N164.61 million paid in 2011.
“Total underwriting income stood at N1.15 billion in 2012 against N687 million in 2011, an increase of 68 per cent in the period.
“Investment income increased by 95 per cent from N60 million in 2011 to N117 million in 2012,” Ukpanah said.
He said that inflation averaging 12.24 per cent in 2012 was another major challenge facing the insurance industry in the country.

Akwa Ibom Commissioner for Health, Dr Ememabasi Bassey (left), presenting keys of a tricycle to a focal person of the World Bank malarial control programme, Mr Monday Ikon in Uyo, recently. Photo:NAN

Akwa Ibom Commissioner for Health, Dr Ememabasi Bassey (left), presenting keys of a tricycle to a focal person of the World Bank malarial control programme, Mr Monday Ikon in Uyo, recently. Photo:NAN

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Niger Delta

Uyo High Court Awards Damages To Masquerade Over Arrest

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3 days ago

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December 8, 2025

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A High Court in Uyo, Akwa Ibom State, has awarded damages to a masquerade who was arrested by the State Police Command for allegedly disturbing public peace during traditional worship rites.
The arrest followed an executive order reportedly issued by the State Governor, directing the Commissioner of Police to detain any masquerade seen performing during the Yuletide period.
Acting on this directive, a masquerade, identified as Mr. Effiong, a practitioner of traditional worship, was arrested and subsequently charged to court.
In a landmark ruling, the court sided with Mr. Effiong and his custodian, affirming that Ekpo, a recognised traditional religious practice in Akwa Ibom State, is protected under the law, and that its adherents are entitled to the fundamental rights guaranteed by the Constitution.
The judge held that Mr. Effiong’s arrest and detention violated his rights to personal liberty and freedom of religion.
The court ordered his immediate and unconditional release and directed the Akwa Ibom State Government to pay damages for the infringement of his fundamental human rights and freedom of worship.
Human rights experts have hailed the judgment as a significant affirmation of Nigeria’s constitutional protection of traditional religious practices, emphasising the importance of respecting the country’s cultural and religious diversity.
By: Enoch Epelle
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Niger Delta

MOSIEND Seeks Water Projects In Buguma From NDDC … Urges RSG To Revamp Fish Farm

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3 days ago

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December 8, 2025

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The Movement for the Survival of the Izon Ethnic Nationality in the Niger Delta (MOSIEND) has called on the Management  of Niger Delta Development Commission (NDDC) to embark on water projects in Buguma city in Asari Toru Local Government Area (ASALGA), Rivers State
The Group also called on the Rivers State government to revamp the Buguma fish farm to create employment for the teeming youths.
On the water project in Buguma, MOSIEND said the population of Buguma has increased tremendously and that the residents need more water projects to enhance the daily livelihood of the people.
The Group also appealed to the Chairman of the LGA to assist in making the project a reality and also attract more developmental projects to the LGA.
MOSIEND’s Eastern Zonal Coordinator,  Half Hour, Comrade Tammy Bruce Longjohn, made the call on a radio programme in Rhythm 93.7fm, “Talk of the Town”.
LongJohn, who made the call alongside the Chairman of MOSIEND in Buguma, Mark Ojuka, and his counterpart in Obuama,  Hon. Sandra Owunari, also called on the Management of Nigeria Liquidifed Natural Gas (NLNG) to embark on a free medical outreach in all Kalabari communities to improve their health status.
He appealed to NLNG to award scholarship to indigens of Kalabari communities in tertiary institutions to better their education, noting that the company is doing same in Bonny, while abandoning Kalabari communities
“We need contracts, free medicals, scholarships and employment, including skill acquisition programmes for our teeming youths in Kalabari extractions”, LongJohn stated.
On Security, Mark Ojuka said security in Buguma is  at zero level with the help of the Amama soldiers, saying “the city is more peaceful and investor-friendly as the youths of the area have cordial relationship with the security agencies in the area.
“Security is very secured in Buguma clan”
On revamping the Buguma fish farm, he said, “The youths are asking for human capacity building in the area to reduce unemployment.
“The revamping of the Buguma fish farm will also reduce youth violence.”
By: Chinedu Wosu
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Niger Delta

Make God Your Anchor To Fulfill Destiny, Cleric Charges Christians … As Jaja Marks 70th Birthday

Published

6 days ago

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December 5, 2025

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The Lead Pastor at Jesus Appointed People’s Bible Church, Ozogbe, Ikwerrengwo-Etche, in Etche Local Government Area of Rivers State, Pastor Promise Nwaelele, has urged Christians  to make God the anchor of their lives in whatever position they find themselves, in order to attain the destinies set for them by God.

Pastor Nwaelele, who gave the charge recently in a sermon he preached at the 70th birthday anniversary thanksgiving service of Sir Donald Michael Jaja, a veteran journalist in Rivers State, said this is because any genuine child of God is a permanent target for destabilization and destruction by the devil.

Taking his text from the Bible book of Mark 4:16-17, the preacher stated that fulfilment in life for a child of God required faith, obedience to God’s word, humility and grace to withstand trials and temptations.

According to him, temptations and afflictions are bound to happen in the lives of those who have accepted Jesus Christ as their Lord and Savior.

“No wonder the Bible said that those that endure till the end shall be saved”, he said.

The Clergyman said God prospers believers who are humble, not proud and conceited, and leads them to destiny fulfilment.

“David said in Psalm 51:17, that the sacrifices acceptable to God are a broken spirit, not an impatient or proud spirit”, the preacher said.

He called on Christians not to allow persecutions and afflictions to sway them from the love and blessings of Jesus Christ.

On his part, Jaja, a seasoned Journalist who retired as an Acting Editor of the Rivers State Government-owned The Tide Newspaper, gave thanks to God for honouring him by giving him the grace of attaining 70 years.

“I cannot capture what the good Lord has done for me in my entire life in this fleeting moment of thanksgiving. But, I know that without Him, I wouldn’t have been who I am today, in all spheres. Therefore, my joy knows no bounds as I give thanks to my creator today, alongside my family. Praise be His holy name”, Jaja said.

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