Business
Crisis Rocks NDBDA Over New MD Post
Crisis is presently rocking the Niger Delta Basin Development Authority (NDBDA) in Port Harcourt over who becomes the new managing director.
Investigations have revealed that two top officials, Chief M. C. Azikiwe, Executive Director Services, and one Dr. M. Eneife who is the Executive Director, Planning, Investigation and design are locked in a battle for supremacy over who succeeds the present Managing Director, Mr. Mathew Aleru, who according to records, is over-due for retirement.
Inside sources say both Eneife and Azikiwe were appointed Executive directors same day in the authority but Dr. Eneife went on secondment when Chief Diepreye Alamieyeseigha, the former governor of Bayelsa State, appointed him as a Commissioner in his administration and even re-appointed as Commissioner when the present President, Goodluck Jonathan was governor in Bayelsa, his home state.
When the present managing director, Matthew Aleru became MD of NDBDA, the position of Executive Director, Planning, Investigation and Design became vacant and Dr. Eneife whose job as commissioner in Bayelsa ended, was said to had started fighting to occupy the vacant position of Executive Director PID department.
Luckily to Dr. Eneife, who also is an engineer by profession, he won the battle and became re-appointed as Acting Executive Director PID.
However, Eneife last year got back the vacant position of Executive Director PID a position which Mr. Aleru was occupying before he was eventually made the Managing Director of the authority.
In view of the fact that the present MD was supposed to retire on June 28th 2014, the two major actors, Eneife and Azikiwe engaged each other in the battle over who takes over from Aleru.
The two top officials, The Tide gathered are exploring all their states and National connections to get an edge over each other.
Infact, Eneife is said to have made Abuja his second home since the battle began as he wants to take advantage of the influential positions of his former bosses, Alamieyesieha and Jonathan to outwit Engineer Azikiwe in the onslaught.
The Tide also gathered that Abuja, undecided yet on what to do, had asked Aleru who ought to have retired on August 28th 2014 to hold on to the office as MD while serious consideration is going on, on the right person amongst the two top executive directors to be appointed as the new managing director.
Our dependable source accused Aleru of exploiting the crisis situation to elongate his stay by instigating the imbroglio, the more.
Workers in the authority are also said to be helpless in terms of influencing the situation as the union itself is said to have remained in serious squabble.
For the past three years, the workers’ union Chairman, PC Ever, according to sources, could not summon a successful general meeting because he does not enjoy the support of a majority of the workers.
This ugly situation is said to be going against the fortunes of NDBDA as the authority is said not to be able to commission in Niger Delta a single water project for the past eight years, since late Robert Allen left as managing director.
Some of the workers who spoke to The Tide on condition of anonymity expressed the view that only an entirely new person from outside the present management could move the authority forward because of the bad blood that would ensue when one of the two top officials angling for the highest position is favoured.
“All we need from the Presidency is an entirely new person to be appointed as MD. There is a lot of rot and malaise in the area”, said one of them.
Chris Oluoh

Commissioner 3, Civil Service Commission, Chief Godwin Bebe Okpabi (left), fielding questions from lawmakers over employment racket at the State College of Health Sciences, Sir Ngo Martyns-Yellowe, Registrar of the College, Owanate Lawson (right), Provost of College, Dr Charles Amadi (2nd right) during a the sitting of the House, recently.
Business
SMEs Dev: Firms Launch N100m Loan Scheme
The facility will be disbursed through participating Microfinance Institutions (MFIs), which will in turn extend the loans to their customers, particularly SMEs, as they directly interface with businesses at the grassroots level.
The Executive Director of COMCIN, Mr. Micheal Ogbaa who represented the Chairman, Dr. Iredele Oyedele (FCA, FCCA), said the initiative is designed to strengthen micro-lending institutions and expand access to finance for grassroots entrepreneurs, particularly women and youths in the informal sector.
Ogbaa explained that COMCIN does not lend directly to individuals but works through its network of microfinance and cooperative institutions, which in turn provide loans to end users.
“We came together to advocate for the microfinance ecosystem. Commercial banks often exclude people at the grassroots, but our members are positioned to reach them. This facility will empower them to do more,” he said.
He noted that the loan scheme offers low interest rates and flexible repayment plans, making it more accessible to small business owners.
According to him, about 90 percent of beneficiaries are expected to be women, who play a key role in sustaining families and driving economic activities at the local level.
“Our focus is on traders, service providers, and players in the informal sector. These are the real movers of the economy. By supporting them, we are strengthening families and contributing to national development,” he added.
Ogbaa disclosed that eligible SMEs with proven integrity and business track records could access up to N5 million each through participating micro-lending institutions. The rollout has commenced in Lagos and will extend to Abuja, Enugu, and other regions, including the South-West, South-East, and North-East.
He said 12 micro-lending institutions have already benefited from the scheme, while 85 applications are currently being processed under the pilot phase.
“Our target is to reach at least 100,000 SMEs nationwide. We are building a platform that connects funding partners with credible micro-lending institutions, creating a reliable channel for financial inclusion,” Ogbaa said.
He added that COMCIN is also working to attract larger funding pools from development finance institutions and private investors, noting that successful implementation of the pilot phase would boost confidence and unlock more capital for SMEs.
“We have seen encouraging testimonies from early beneficiaries. As we demonstrate transparency and efficiency, more institutions will be willing to channel funds through us,” he said.
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