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N13bn Ikoyi Haul Belongs To Rivers, Wike Insists
The Rivers State Governor, Chief Nyesom Wike, has insisted that the state government will get back the N13billion recovered in an apartment in Osborne Towers, Ikoyi, Lagos State, by the Economic and Financial Crimes Commission (EFCC).
Wike said this, last Saturday while speaking on Channels Television programme, Sunrise Daily.
The governor said he has hard evidence on the loot, but would not give it out yet, so that the Federal Government would not know the state government’s moves.
He said, “the ultimatum I gave on the recovered money hasn’t elapsed. Yes, I did that, but you have lawyers working with you. They tell you; wait, we don’t want to go by the way you have said. Although I am a lawyer too, I am sitting as a governor. I am directly affected and emotionally involved.
“The so-called government has set up a committee. Let’s wait and see what the committee would say. Let’s see whether they will or will not invite the state government.
“We cannot make submissions to the committee because we don’t know where they meet; we don’t know where they sit. Everybody knows the money belongs to Rivers State. Who are all the people making contentions about the money? They are the same government. Don’t mind that the NIA’s DG was not appointed by the present government. He was in government,” he added.
Wike noted that the state government would come open with its evidence on the money at the appropriate time.
He said, “despite claims by the NIA DG, the CBN came out to say, ‘how did you get this money? We didn’t give you any money.’ Who would release such volume of dollars to a government agency and security agency? Where would it come out from? They have denied the money.
“When you are fighting powerful forces, you don’t let out your strategies. All I know is that this money belongs to Rivers, and no amount of intimidation or going to court can scare us.
“If I tell you how that money came to be ours, am I not revealing secrets to them? Everybody saw what happened, how the money (for power assets in Rivers) was paid, and given to the bureau de change. When we get to the point of the full details, everything will be open. Don’t tell us to come out with our evidence. We will come out when it is the appropriate time,” Wike said.
On developments in the Niger Delta, Wike stated that the Niger Delta Development Commission (NDDC) was working at cross purposes with the region.
He said that the NDDC politicises the process of its execution of projects which are usually abandoned, and added that the agency deliberately refuses to liaise with the states before projects are initiated.
On the PDP crisis, Wike stated that he was supporting Senator Ahmed Makarfi and that he would wait for the Supreme Court to state its position, and declared that it was very much unlikely that he would work with Ali Modu Sheriff.
He said: “It is very much unlikely that I will work with Ali Modu Sheriff. It is not possible for me to stay with Sheriff.”
The governor explained that Sheriff has no love for the PDP as he has continued to work against the party, in liaison with the APC.
The governor alleged that in Benue and Jigawa states, Sheriff has been working with APC governments to frustrate the PDP in upcoming local government elections.
On developments in Rivers State, the governor noted that his administration has entrenched state-wide execution of projects
He said projects have been initiated and executed in 22 out of the 23 local government areas of the state, adding that only Omuma Local Government Area, was yet to have a project, but now has a major road contract awarded in the area.
Wike said that his administration was developing Rivers State as a tourism destination of the country, adding that the construction of the Port Harcourt Pleasure Park was a deliberate action to promote tourism.
The governor regretted that Rivers State and other Niger Delta states were losing revenue because oil companies pay their taxes in Lagos, while they operate in the region.
On Rivers at 50, he said that the state has made tremendous progress, adding that the celebrations were designed to appreciate God for being together despite the challenges.
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Fubara Reads Riot Act To New SSG, CoS …Warns Against Unauthorized Meetings
Rivers State Governor, Sir Siminalayi Fubara, has charged the newly appointed Secretary to the State Government (SSG) and Chief of Staff (CoS) to carry out their duties with discipline, loyalty and a firm commitment to the success of the administration and the wellbeing of the people of Rivers State.
The governor warned that any involvement in unauthorised nocturnal meetings or any conduct capable of embarrassing the government will attract immediate dismissal.
Fubara gave the warning yesterday shortly after the newly appointed Secretary to the State Government (SSG), Dr Dagogo S.A. Wokoma and the new Chief of Staff (CoS), Barrister Sunny Ewule, were sworn in at the Executive Council Chambers of Government House, Port Harcourt.
As part of the ceremony, the Chief Registrar of the State High Court, David Ihua-Maduenyi administered the Oath of Allegiance and Oath of Office on the duo before the governor gave his charge.
Addressing the appointees, Fubara reminded them that their elevation to the new positions was a call to service and not a platform for political grandstanding or the pursuit of personal ambition.
He stressed that their foremost responsibility should be to themselves and to the people of Rivers State, stressing that their conduct must always reflect integrity, restraint and dedication to public good.
Speaking directly to Dr. Wokoma, whom he described as an accomplished academic and mathematician, the governor expressed confidence in his intellectual depth and capacity to deliver on the new assignment.
The office of the Secretary to the State Government, Fubara stressed, demands thoroughness, discipline and a deep sense of responsibility. He charged the SSG to represent the State with honour at all times.
“Your duty includes representing the state government. You need to represent us in a way and manner that will bring honour to us.
“What is important to this administration is to see that the good works that we started and the ones that we met, are concluded in a way that will bring progress and development to our dear state,” he stated.
Turning to the new Chief of Staff, the governor explained that he is expected to ensure smooth administrative coordination, managing official engagements effectively and safeguarding the image of the Government House.
He underscored the sensitive and personal nature of the role and emphasised that the position operates strictly under the authority of the governor.
Fubara stressed that the role does not permit independent political engagements or private strategy meetings without his knowledge and consent.
“Let me sound it here very clearly. Your duty is to make sure that you handle the administrative duties and image making roles perfectly well, liaising with whoever is coming for any official assignment here.
“If you involve yourself in nocturnal meetings and all those things, I will sack you. I’m very serious. What is important to me today is peace, progress and prosperity of this state. I’m not going to compromise anything for it,” he said.
The governor cautioned that involvement of the new appointees in any action capable of bringing the government or his office to disrepute would attract appropriate sanctions.
While congratulating the new appointees, Fubara expressed optimism that they would justify the confidence reposed in them.
He called on all public officials to work together in unity, observing that collective success is stronger and more enduring than individual achievement.
The governor who also addressed the Permanent Secretaries present at the ceremony, directed those of them who have reached retirement age to start preparing their handover notes without delay.
The notice, he said, was not intended to scare anybody but to prepare their minds towards the inevitability of exiting the service one day and to pave way for an orderly transition.
He warned against any attempt to engage in financial misconduct or last-minute irregularities, stressing that he was closely monitoring the system to ensure strict enforcement of accountability rules.
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Fubara Dissolves Rivers Executive Council
Rivers State Governor, Sir Siminialayi Fubara, has dissolved the State Executive Council.
The governor announced the cabinet dissolution yesterday in a statement titled ‘Government Special Announcement’, signed by his new Chief Press Secretary, Onwuka Nzeshi.
Governor Fubara directed all Commissioners and Special Advisers to hand over to the Permanent Secretaries or the most Senior officers in their Ministries with immediate effect.
He thanked the outgoing members of the State Executive Council for their service and wished them the best in their future endeavours.
The three-paragraph special announcement read, “His Excellency, Sir Siminalayi Fubara, GSSRS, Governor of Rivers State, has dissolved the State Executive Council.
“His Excellency, the Governor, has therefore directed all Commissioners and Special Advisers to hand over to the Permanent Secretaries or the most Senior officers in their Ministries with immediate effect.
“His Excellency further expresses his deepest appreciation to the outgoing members of the Executive Council wishing them the best in their future endeavours.”
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INEC Proposes N873.78bn For 2027 Elections, N171bn For 2026 Operations
The Independent National Electoral Commission (INEC) yesterday told the National Assembly that it requires N873.78bn to conduct the 2027 general elections, even as it seeks N171bn to fund its operations in the 2026 fiscal year.
INEC Chairman, Prof Joash Amupitan, made the disclosure while presenting the commission’s 2026 budget proposal and the projected cost for the 2027 general elections before the National Assembly Joint Committee on Electoral Matters in Abuja.
According to Amupitan, the N873.78bn election budget covers the full conduct of national polls in 2027.
An additional N171bn is needed to support INEC’s routine activities in 2026, including bye-elections and off-season elections, the commission stated.
The INEC boss said the proposed election budget does not include a fresh request from the National Youth Service Corps seeking increased allowances for corps members engaged as ad-hoc staff during elections.
He explained that, although the details of specific line items were not exhaustively presented, the almost N1tn election budget is structured across five major components.
“N379.75bn is for operational costs, N92.32bn for administrative costs, N209.21bn for technological costs, N154.91bn for election capital costs and N42.61bn for miscellaneous expenses,” Amupitan said.
The INEC chief noted that the budget was prepared “in line with Section 3(3) of the Electoral Act 2022, which mandates the Commission to prepare its election budget at least one year before the general election.”
On the 2026 fiscal year, Amupitan disclosed that the Ministry of Finance provided an envelope of N140bn, stressing, however, that “INEC is proposing a total expenditure of N171bn.”
The breakdown includes N109bn for personnel costs, N18.7bn for overheads, N42.63bn for election-related activities and N1.4bn for capital expenditure.
He argued that the envelope budgeting system is not suitable for the Commission’s operations, noting that INEC’s activities often require urgent and flexible funding.
Amupitan also identified the lack of a dedicated communications network as a major operational challenge, adding that if the commission develops its own network infrastructure, Nigerians would be in a better position to hold it accountable for any technical glitches.
Speaking at the session, Senator Adams Oshiomhole (APC, Edo North) said external agencies should not dictate the budgeting framework for INEC, given the unique and sensitive nature of its mandate.
He advocated that the envelope budgeting model should be set aside.
He urged the National Assembly to work with INEC’s financial proposal to avoid future instances of possible underfunding.
In the same vein, a member of the House of Representatives from Edo State, Billy Osawaru, called for INEC’s budget to be placed on first-line charge as provided in the Constitution, with funds released in full and on time to enable the Commission to plan early enough for the 2027 general election.
The Joint Committee approved a motion recommending the one-time release of the Commission’s annual budget.
The committee also said it would consider the NYSC’s request for about N32bn to increase allowances for corps members to N125,000 each when engaged for election duties.
The Chairman of the Senate Committee on INEC, Senator Simon Along, assured that the National Assembly would work closely with the Commission to ensure it receives the necessary support for the successful conduct of the 2027 general elections.
Similarly, the Chairman of the House Committee on Electoral Matters, Bayo Balogun, also pledged legislative support, warning INEC to be careful about promises it might be unable to keep.
He recalled that during the 2023 general election, INEC made strong assurances about uploading results to the INEC Result Viewing portal, creating the impression that results could be monitored in real time.
“iREV was not even in the Electoral Act; it was only in INEC regulations. So, be careful how you make promises,” Balogun warned.
The N873.78bn proposed by INEC for next year’s general election is a significant increase from the N313.4bn released to the Commission by the Federal Government for the conduct of the 2023 general election.
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