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Rivers Finance: House Committee Assures On Reforms
The Joint House Committee on Finance and Public Accounts has promised to champion new reforms that will inject accountability into the management of funds in the state.
They made public their plans, yesterday, during a public hearing on two executive bills: Rivers State Audit Reform bill and Rivers State Finance Control and Management bill 2019.
While the Audit bill seeks to repeal and re-enact an existing bill of 1999, the Finance and Control bill is a new bill set to streamline public finance and enforce transparency.
Chairman House Committee on Finance and Deputy Speaker, Hon. Ehie Ogerenye Edison said the public hearing is to get input from stakeholders and ensure that all forms of misappropriation are eliminated.
In his words, “if the bill is finally approved and passed into law the state would be one of the first to legally fight corruption.
Hon. Edison affirmed that the Chief Wike-led administration is against all forms of misappropriation hence it has sponsored the bill to streamline adequate appropriation of government funds.
Earlier, Chairman House Committee on Public Accounts, Hon. Major Jack submitted that the public hearing will streamline the bill and give it a modern look.
In his view it was high time the state reformed its audit system to give room for efficiency.
In the future, he said, accounting officers will be responsible as they are expected to be more prudent in their duties.
In a related development, the call for the establishment of the Rivers State Audit Service Commission has divided stakeholders in the public finance and accounts sector in the state.
Their views were made public during the public hearing on “The Rivers State Finance Control and Management bill 2019”, and “The Rivers State Audit Reform bill of 2019” held at the Assembly Complex yesterday.
While the Auditor- General of the State, Eliaz Akazu, advocated for an independent body to oversee audit processes in the state, Chairman of the State Civil Service Commission, Chief Oris Onyiri said it will conflict with service rules and duplicate functions.
Speaking through one Emmanuel Dappa, the Chairman of the State Civil Service said if the Commission is established, it will conflict with the mandate of the commission to oversee all public service matters, and therefore urged the Assembly to ensure that such provisions are duly addressed.
“When it comes to the discipline and promotion of auditors, it will relegate the duties of the Civil Service Commission, “ Onyiri declared.
Except in the appointment of Auditor General, which is exclusive of the Governor, Onyiri stated that other aspects of employment, promotion and discipline are under the Commission, stressing that auditors are civil servants.
Akazu had earlier posited that the Commission was necessary to inject efficiency and transparency in audit system.
He reasoned that, “auditing is moving away from the traditional system… The office should be funded through direct charge on government account or through budgeting”.
The State Auditor -General also sued for the establishment of a legal department to oversee grey legal areas instead of resorting to staffs loaned from sister agencies.
Meanwhile, a representative of the Rivers State University and Professor of Accountancy, Loveday Nwayanwu, has called for the inclusion of members of various high institutions in the proposed board of state audit.
Besides, Prof Nwayanwu argued that it will not be transparent if the auditors generally appoint somebody to audit his office.
Such duty, according to Nwayanwu, should be done by an independent body to create transparency.
The Nigeria Immigration Service has officially ended passport production at multiple centres, transitioning to a single, centralised system for the first time in 62 years.
Minister of Interior, Dr Olubunmi Tunji-Ojo, disclosed this yesterday while inspecting Nigeria’s new Centralised Passport Personalisation Centre at the NIS Headquarters in Abuja.
He stated that since the establishment of NIS in 1963, Nigeria had never operated a central passport production centre, until now, marking a major reform milestone.
“The project is 100 per cent ready. Nigeria can now be more productive and efficient in delivering passport services,” Tunji-Ojo said.
He explained that old machines could only produce 250 to 300 passports daily, but the new system had a capacity of 4,500 to 5,000 passports every day.
“With this, NIS can now meet daily demands within just four to five hours of operation,” he added, describing it as a game-changer for passport processing in Nigeria.
“We promised two-week delivery, and we’re now pushing for one week.
“Automation and optimisation are crucial for keeping this promise to Nigerians,” the minister said.
He noted that centralisation, in line with global standards, would improve uniformity and enhance the overall integrity of Nigerian travel documents worldwide.
Tunji-Ojo described the development as a step toward bringing services closer to Nigerians while driving a culture of efficiency and total passport system reform.
He said the centralised production system aligned with President Bola Tinubu’s reform agenda, boosting NIS capacity and changing the narrative for better service delivery.
The Federation Account Allocation Committee (FAAC) has disbursed N2.225 trillion as federation revenue for the month of August 2025, the highest ever allocation to the three tiers of government and other statutory recipients.
This marks the second consecutive month that FAAC disbursements have crossed the N2 trillion mark.
The revenue, shared at the August 2025 FAAC meeting in Abuja, was buoyed by increases in oil and gas royalty, value-added tax (VAT), and common external tariff (CET) levies, according to a communiqué issued at the end of the meeting.
Out of the N2.225 trillion total distributable revenue, FAAC said N1,478.593 trillion came from statutory revenue, N672.903 billion from VAT, N32.338 billion from the Electronic Money Transfer Levy (EMTL), and N41.284 billion from Exchange Difference.
The communiqué revealed that gross federation revenue for the month stood at N3.635 trillion. From this amount, N124.839 billion was deducted as cost of collection, while N1,285.845 trillion was set aside for transfers, interventions, refunds, and savings.
From the statutory revenue of N1.478 trillion, the Federal Government received N684.462 billion, State Governments received N347.168 billion, and Local Government Councils received N267.652 billion. A further N179.311 billion (13 per cent of mineral revenue) went to oil-producing states as derivation revenue.
From the distributable VAT revenue of N672.903 billion, the Federal Government received N100.935 billion, the states received N336.452 billion, while the local governments got N235.516 billion.
Of the N32.338 billion shared from EMTL, the Federal Government received N4.851 billion, the States received N16.169 billion, and the Local Governments received N11.318 billion.
From the N41.284 billion exchange difference, the Federal Government received N19.799 billion, the states received N10.042 billion, and the local governments received N7.742 billion, while N3.701 billion (13 per cent of mineral revenue) was shared to the oil-producing states as derivation.
The Governing Council of Kenule Beeson Saro-Wiwa Polytechnic, Bori, has decried the inadequate power supply and poor state of infrastructural facilities and equipment at the institution.
The Council also appealed to the government, including Non-Governmental Organisations, agencies, as well as well-meaning Rivers people to intervene to restore and sustain the laudable gesture, dreams and aspirations of the founding fathers of the polytechnic.
The Chairman of the newly inaugurated Council, Professor Friday B. Sigalo, made this appeal during a tour of facilities at the Polytechnic, recently.
Accompanied by members of the team, Prof Sigalo emphasised the position of technology, technical and vocational education in sustainable development.
He noted that with the prospects on ground, and the programmes and activities undertaken in the polytechnic, there is no doubt that the institution would add values to the educational system in our society and foster the desired development, if the existing challenges are jointly tackled.
This was contained in a statement signed by Deputy Registrar, Public Relations, Kenpoly, Innocent Ogbonda-Nwanwu, and made available to The Tide in Port Harcourt.
The chairman who restated the intention of his team of technocrats to ensure that KenPoly enjoys desirable face-lift, said the Council would deliver on its core mandates, accordingly.
Earlier, the Rector, KenPoly Engr. Dr. Ledum S. Gwarah, commended the appointment of Professor Friday B. Sigalo as Chairman of the KenPoly Governing Council.
He described him and his team as seasoned technocrats and expressed confidence in their ability to succeed.
The Rector pledged the management’s support to the Council to ensure that KenPoly resumes its rightful place in the comity of polytechnics in the country.
Facilities visited by the Governing Council include KenPoly workshops, laboratories, skills acquisition centre, library, hostels and medical centre.
Chinedu Wosu
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