Politics
Repeal Of Reserved Fund Law, Imperative – Bipi
The Chief Whip of the Rivers State House of Assembly, Hon. Evans Bipi, says the need to repeal the State’s Reserved Fund Law No. 2 of 2008 is sequel to the massive looting of the state’s reserved fund by the administration of former Governor Chibuike Rotimi Amaechi .
Bipi, who stated this during the debate on the Rivers State Reserved Fund Repeal Bill 2017 at the Assembly’s plenary session in Port Harcourt, Tuesday, narrated how the former administration siphoned all the savings from the reserved fund to enrich themselves and fund the All Progressives Congress (APC) in the 2015 general elections in the country.
He stressed the need for the immediate repeal of the law to give way for the development of the state.
Also speaking, the Leader of the House, Hon. Martin Amaewhule said the prevailing economic recession in the country has made it imperative to repeal the law which was passed in 2008.
“In the face of the current recession and dwindling federal allocations to the state, this law can no longer stand the test of time. And when a law becomes obsolete, it is the duty of the executive to call for its repeal”, he explained.
Maintaining that the law is not in the best interest of the Rivers people, Amaewhule said that it must be repealed to facilitate the development of the state.
Speaking in similar vein, the lawmaker representing Ogba/Egbema/Ndoni Constituency 1, Hon. Christian Ahiakwo argued that since the previous administration could not save for the rainy days with the fund, the law must be repealed.
He called for immediate repeal of the law “to allow Governor Nyesom Wike to go ahead with his good works than to continue keeping the money in a fruitless saving”.
The Speaker of the House, Rt. Hon. Ikuinyi Ibani, consequently committed the bill to the Committee on Public Accounts for further action.
Meanwhile, the Rivers State Reserved Fund Repeal of 2017 Bill has passed the second reading at the plenary session in the House.
Speaker of the House, Rt. Hon. Ibani committed the bill to the Committee of Public Appropriation after debates on the bill.
Enoch Epelle
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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