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Rivers Workers Reject Mortgage Bank Loan …Say It’ll Impoverish Them Further
Civil servants in Rivers State have rejected the N1 million proposed housing renovation loan being packaged by the Federal Mortgage Bank of Nigeria for civil servants in the State.
The civil servants in their outburst at a meeting with the State Head of Service in Port Harcourt, Wednesday, were unanimous that the conditions attached to the loan by the bank were too stringent for an average Rivers civil servant to be involved.
In the Memorandum of Understanding (MoU) between the Federal Mortgage Bank of Nigeria (FMBN) and the Rivers State Government, the civil servants particularly expressed concern with the provision of the MoU which states, amongst others, “that in the event of death of a beneficiary, the proceeds from the Statutory Group Life Assurance Policy in favour of the beneficiary’s estate shall be used to liquidate the outstanding loan amount”.
Another area Rivers workers kicked against was in the event of retirement, loss of job, resignation, change of employment, death or any form of disengagement from service, the outstanding loan balance would be liquidated from the beneficiary’s terminal benefits through the instrumentality of the office of HOS.
Some Rivers civil servants who pleaded anonymity while speaking with The Tide on the sidelines of the meeting, said to accept the credit facility of the Mortgage Bank would amount to further impoverishment of the workers and their dependants.
Meanwhile, the Rivers State Head Of Service, Barrister Rufus Godwins has warned civil servants in the state against joining any proposed strike by the Petroleum and Natural Gas Workers Union (PENGASAN) in the State.
Godwins said that PENGASAN is not a public sector workers union and therefore lacks the right to call out civil servants on strike.
He also said that the present administration in the state has taken far-reaching measures to improve the conditions of civil servants.
According to him, the state government has given approval for the construction of a civil servants estate at the Old refinery road, Akpajo in the Eleme Local Government Area.
The Rivers HOS said that renovation of civil servant quarters at old GRA is on-going while the Produce House along Moscow road behind the State Secretariat Complex is being remodeled to provide conducive offices for Civil Servants.
He said that government has re-constituted the State Pensions Board, while a bill to review the contributory pension law is before the House of Assembly.
Godwins said that his office will not be deterred by the campaign of calumny being orchestrated by some labour leaders in the state.
He also denied report that his office is querying any labour leader in the state, explaining that queries issued to labour leaders were issued to them by their respective Ministries.
Featured
JUNE 12: Democracy Remains Nigeria’s Strongest Path To Unity, Progress, Says Fubara ….Extols Abiola, Wife
Governor of Rivers State, Sir Siminalayi Fubara, has reaffirmed that democracy remains the most effective system of government for Nigeria, given the country’s rich diversity of ethnic, religious, and cultural identities.
In a goodwill message to Nigerians on the occasion of the 2026 Democracy Day celebration, Governor Fubara said June 12 represents far more than a historic date; as it embodies the enduring struggle, sacrifice, and collective aspiration of Nigerians for freedom, justice, and representative governance.
The Governor extended warm felicitations to Nigerians at home and in the Diaspora, paying tribute to the heroes and heroines of the democratic struggle, particularly Chief MKO Abiola, his wife, Kudirat Abiola, and countless others whose courage and sacrifices helped secure the democratic freedoms Nigerians enjoy today.
According to him, “June 12 is a reminder of the price paid for the democracy we enjoy today. The sacrifices made by Chief MKO Abiola, Kudirat Abiola, and many other patriots who laid the foundation for the democratic journey we continue to enjoy today. Their commitment to the principle that power must ultimately reside with the people remains a source of inspiration for every generation of Nigerians.”
Governor Fubara noted that thirty-three years after the historic June 12, 1993 election, Nigeria’s democratic experiment has continued to evolve despite challenges and setbacks.
“Our democratic journey has not been without difficulties, but the resilience of our institutions and the determination of our people have kept the nation moving forward. The ability to express differing opinions, engage in constructive debate, and peacefully choose leaders through the ballot remains one of the greatest achievements of our nation,” he said.
Governor Fubara stressed that democracy provides the best framework for managing Nigeria’s diversity and transforming it into a source of national strength.
“Nigeria’s diversity should never be seen as a weakness. Properly harnessed, it is our greatest asset. Democracy offers us the opportunity to build consensus, promote inclusion, strengthen national unity, and create the conditions for sustainable development and shared prosperity,” he said.
Governor Fubara commended President Bola Ahmed Tinubu, for his commitment to the Renewed Hope Agenda and ongoing efforts aimed at economic revitalization, strengthening security, and deepening democratic institutions across the country.
He reiterated the readiness of Rivers State to continue partnering with the Federal Government in advancing policies and programmes that improve the lives of citizens through infrastructure development, job creation, enhanced security, quality education, healthcare delivery, and good governance.
The Governor further called on Nigerians, regardless of political affiliation, ethnic background, or religious belief, to use the occasion of Democracy Day to renew their commitment to the Nigerian project and the ideals that underpin democratic governance.
“Democracy must not be viewed merely as a periodic electoral exercise. It must be reflected in our daily commitment to accountability, transparency, tolerance, justice, respect for the rule of law, and responsible leadership. As citizens and leaders, we all share a collective responsibility to strengthen our democracy and build a nation that future generations will be proud to inherit,” he said.
Governor Fubara expressed optimism about Nigeria’s future, urging citizens to remain united, hopeful, and committed to the values of peace, dialogue, and national development.
“Together, we can build a stronger, more inclusive, and more prosperous Nigeria where every citizen has the opportunity to thrive and contribute meaningfully to national progress,” he said.
Featured
Fubara Reaffirms Commitment To Peace, Development
Governor of Rivers State, Sir Siminalayi Fubara, has reaffirmed the unwavering commitment of his administration to peace, unity, security, and inclusive development as Rivers State marked its 59th anniversary, last Wednesday.
In a goodwill message issued on Wednesday to commemorate the anniversary, Governor Fubara stated that despite the challenges faced over the years, the people of Rivers State have continued to demonstrate resilience, strength, and an enduring spirit of unity that has sustained the state since its creation.
The Governor noted that the strong bond of brotherhood among the various ethnic nationalities of the state, including the Ijaw, Ikwerre, Ogoni, Etche, Ekpeye, Andoni, Kalabari, and others, remains one of Rivers State’s greatest strengths and a critical foundation for peace, stability, and progress.
He further observed that Rivers State has remained a major driver of Nigeria’s economy for decades, not only because of its abundant oil and gas resources, but also because of the exceptional contributions of its people across diverse sectors including academia, jurisprudence, business, entertainment, public service, and sports.
Governor Fubara assured the people that his administration will continue to prioritize policies and programmes that promote peace, protect lives and property, and expand development across all parts of the state. He emphasized that governance must be people centered and impactful, with equal attention given to every Local Government Area of the state.
The Governor also paid tribute to the elders and founding leaders of the state for preserving the spirit of unity and coexistence over the years, while urging the youths to remain hopeful, responsible, and actively committed to building a greater Rivers State through innovation, hard work, and patriotism.
He equally acknowledged the invaluable role of women in strengthening families, communities, and society, describing them as indispensable partners in the continued growth and stability of the state.
Governor Fubara called on all Rivers people to use the occasion of the anniversary as a moment of reflection and renewed commitment to peaceful coexistence, mutual respect, dialogue, and collective progress, stressing that the unity and future of Rivers State must always rise above personal interests and political differences.
Rivers State was created on May 27, 1967, by General Yakubu Gowon.
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