News
‘RSG Not Indepted To Any Bank’
The Rivers State Government, last Monday, dismissed claims in some quarters that it was owing some local and external banks, insisting that it was “not indebted to any bank in Nigeria”.
The state government was reacting to media reports credited to the Federal Government-run agency, the Debt Management Office, to the effect that Lagos, Delta, Rivers, and Akwa Ibom were states currently topping domestic debt list with N1.18trillion.
But the Permanent Secretary, Rivers State Ministry of Information and Communications, Pastor Paulinus Nsirim, who shrugged off the claims as a figment of the imagination of their purveyors, while speaking with newsmen in Port Harcourt, described the Debt Management Office’s position as another attempt at maligning the integrity of the current administration in the state.
Nsirim maintained that the state government had been frugal in its management of state resources, adding that the statistics were incorrect and a ploy to de-market Rivers State.
Putting Rivers monthly Internally Generated Revenue (IGR) at around N8billion, the permanent secretary added that the state had never resorted to reckless borrowing that would make her run into debts.
He said: “That with a healthy monthly Internally Generated Revenue profile of, at least, N8billion, the state does not resort to reckless borrowing that will make her run into debts.
“That as a matter of deliberate policy, the present administration in Rivers State, desirous to leave behind a worthy legacy, does not embark on a white elephant project that will require bogus financial obligations.”
Nsirim explained that Rivers State Government operated accounts with only Zenith and Access Banks, clarifying that it had since repaid all loans obtained.
“The state government inherited a commercial bank loan of N15,845,118,108.44 in 2015, which had been liquidated.
“The issues of debts owed to contractors, pension arrears, etc, which the Debt Management Office used to stigmatise the state are recurrent and capital expenditures, which payments are ongoing.
“The Federal Government’s intervention loan approved for every state of the federation has a repayment plan that is spread over many years. Rivers State Government has not defaulted on the repayment plan.
“The Wike administration has been prudent in the management of scarce state resources backed by healthy monthly internally generated revenue.
“Unlike previous administrations that left behind huge debt profiles, the present administration will not mortgage the future of the state in any way,” Nsirim said.
He added that all loans taken by the current administration for infrastructural development of the state from Zenith and Access Banks had been cleared.
The Rivers State Government said: “That since 2015 till now, His Excellency through a well-articulated fiduciary template has made governance better than how he met it.
“That unlike previous administrations that left behind huge debt profiles, the present administration will not mortgage the future of the state in any way.
“That journalists and media houses should adhere to the dictum, ‘Facts Are Sacred’ by always cross-checking their facts before publication. That the Rivers State Government under the visionary leadership of His Excellency will not be distracted by any form of yellow journalism but will remain focused to fulfill the social contract with the people.
“This appears to be another orchestrated plan to de-market the state through unconfirmed statistics since other forms of negative propaganda had failed”.
The Rivers State Government urged well meaning Nigerians to disregard the falsehood being peddled by anti-Rivers political forces.
Chris Oluoh
News
PDP Kicks As APC Wins FCT Council Polls
The Peoples Democratic Party (PDP) has inaugurated a special legal team to handle election petitions arising from last Saturday’s Area Council elections in the Federal Capital Territory.
This comes as the All Progressives Congress (APC) won in Abaji, Kwali, AMAC, and Bwari Area Councils, while the PDP secured victory only in Gwagwalada.
The Tide reports that the council elections were held on Saturday, February 21, 2026, across all six FCT area councils, including Abaji, AMAC, Bwari, Gwagwalada, Kuje, and Kwali.
Results announced so far by the Independent National Electoral Commission (INEC) show that the All Progressives Congress (APC) won in Abaji, Kwali, AMAC, and Bwari Area Councils, while the PDP secured victory only in Gwagwalada.
In a statement issued yesterday by PDP’s National Publicity Secretary, Ini Ememobong, the party congratulated its candidates, who emerged winners in the chairmanship and councilor elections.
The opposition party acknowledged the victories, noting that the number of wins was lower than expected but significant given the alleged irregularities during the polls.
“We specifically congratulate the Chairman-elect of Gwagwalada Area Council, Mohammed Kasim, and the councillors who have been declared successful by the Independent National Electoral Commission (INEC).
“This victory, though less in number than we anticipated, is particularly gladdening because it is against the background of unprecedented intimidation, high-powered money politics, and brazen executive brigandage,” the statement read.
Ememobong claimed that there are reports and video evidence indicating voter intimidation and unlawful conduct that influenced the outcome of the elections.
“Reports and video evidence abound where armed security personnel were used to cart away result sheets in polling units, intimidate voters, and unduly influence the outcome of the elections.”
To address complaints and litigations arising from the polls, he said the party has set up a legal team headed by its National Legal Adviser, Shafi Bara’u, Esq.
The statement urged candidates with legitimate grievances to contact the Legal Adviser promptly, as delays could jeopardise their chances in election petition cases.
“The incredible voter apathy in these polls is a direct response to the anti-people Electoral Act 2026, where the people have completely lost faith in the electoral outcomes from elections conducted under this Act.
“These Local Council polls may just be a foreshadowing of the forthcoming general elections in 2027 if changes are not urgently made,” the statement added.
The PDP called on the National Assembly and the President to take corrective action to safeguard the integrity of Nigeria’s democracy.
News
S’Court Gets New Justice As CJN Swears In Oyewole, Wednesday
The Chief Justice of Nigeria, Kudirat Kekere-Ekun, will on Wednesday swear in Justice Joseph Oyewole as a Justice of the Supreme Court of Nigeria.
The ceremony is scheduled to be held at 2pm at Courtroom Two of the Supreme Court complex in Abuja.
The court urged guests to adhere strictly to the court’s protocols and security measures.
This was contained in a statement issued yesterday by the Supreme Court’s Director of Information and Public Relations, Dr Festus Akande.
The court described Oyewole’s appointment as a step towards reinforcing the capacity of the apex court to deliver fair and timely judgments.
Recall that Oyewole was, until his elevation, a Justice of the Court of Appeal and Presiding Justice of the Enugu Division, and joins the apex court bench as part of ongoing efforts to strengthen the judiciary.
The National Judicial Council recommended Oyewole for the position alongside 35 others for various judicial offices, following its 110th meeting held on January 13, 2026, and presided over by Justice Kekere-Ekun.
The statement partly read, “The Chief Justice of Nigeria, Hon. Justice Kudirat Kekere-Ekun, GCON, will on Wednesday, 25th February, 2026, preside over the swearing-in ceremony of the newly appointed Justice of the Supreme Court, Hon. Justice Joseph Olubunmi Kayode Oyewole, JCA.”
According to the statement, Oyewole served with distinction at the Court of Appeal and as Presiding Justice of the Enugu Division prior to his elevation.
“His appointment underscores the commitment of the Nigerian judiciary to upholding the rule of law, ensuring justice, and strengthening the bench with experienced and dedicated jurists. He brings a wealth of legal expertise and integrity to the apex court to further enhance its capacity to deliver fair and timely judgments,” the statement added.
The apex court further described the swearing-in as “another significant step in rejuvenating the judiciary and ensuring the continued delivery of justice in line with the highest standards of integrity, competence, and impartiality.”
The Supreme Court reiterated its commitment to justice, fairness and judicial independence for the benefit of Nigerians.
News
Fubara Mourns Senator Mpigi
Rivers State Governor, Sir Siminalayi Fubara, has expressed deep shock and sadness over the sudden passage of Senator Barinada Mpigi, the Senator representing South East Senatorial District of Rivers State.
In a tribute to mourn the deceased, Governor Fubara described Mpigi as a brother, a consummate politician and one of the leading lights in Rivers State.
He said that Mpigi died at a critical time when his services were still needed by the people of Rivers State and prayed God Almighty to grant him eternal rest.
The governor commiserated with his immediate family, the Rivers South East Senatorial District and the Senate at large, asking them to take solace in the fact that the deceased lived a good life and impacted positively on the people.
Senator Mpigi died at the age of 64. Until his death, he was the Chairman of the Senate Committee on Works.
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