Niger Delta
IYC Urges FG, NDDC To Publish Forensic Audit Report
The Ijaw Youths Council (IYC) Worldwide has called on the Federal Government and the Niger Delta Development Commission (NDDC) to immediately publish the report of the commission’s forensic audit.
The IYC in a statement signed by its President, Deacon Timothy Igbifa, recalled that in February 2020, the Federal Government initiated a holistic forensic investigation of the commission’s financial activities from 2001 to 2019 with a view to sanitising and optimising the operations of the NDDC.
“But it has been one year that the investigations started. It is time to publish the report of this investigation. Every audit has a lifespan and we think that one year is more than enough to complete the audit of NDDC and publish the report,” he said.
He said the IYC and other stakeholders would no longer allow the ongoing aberration and leadership confusion in NDDC with flagrant abuse of the Act establishing the commission to continue in the name of forensic audit.
He recalled that strange leadership structures such as the disbanded Interim Management Committee (IMC) and the ongoing Sole Administration were being used to run the affairs of the commission while dropping forensic audit as an excuse.
Igbifa said the IYC and the Niger Delta were expecting an end to the sole administration of NDDC before April 1st 2021 and called on President Muhammadu Buhari to nominate and inaugurate a board that would take over from Akwa on April 1st, 2021.
He recalled that the Minister of Niger Delta Affairs, Senator Godswill Akpabio, mentioned April as the resumption date for the Substantive Board administration of the NDDC, adding that IYC and other stakeholders in the region would not allow the current management structure in the commission to stretch beyond March 31, 2021.
He said: “We were all happy when this forensic audit started in February 2020 because we believed that it would sanitise the NDDC and give the commission a new beginning to actualise its mandate in the Niger Delta region.
At a point, our leadership insisted on the dissolution of the IMC and the inauguration of a substantive board but instead of constituting a new board, a sole administration headed by Effiong Akwa was put in place to run the affairs of the commission with the singular action to conclude the audit and hand over to a substantive Board while expending the 2020 budget tenured to 31st March, 2021.
March 31st is a few weeks ahead and we believe it is time the President readied a board for the commission knowing fully well that the Board members would be subjected to an official inauguration before the handover date which is April 1st, 2021”.
News
China Alerts Rivers, A’Ibom, Abia Govs To Economic Triangle
The Mayor of Housing, My-ACE China, has alerted the Governor of Rivers, Akwa Ibom, and Abia states to what he calls an emerging ‘Economic Triangle’ within their states.
Mr China, a real estate success strategist who has won numerous local and international awards, has thus drawn the attention of the governors of the concerned states to the emerging development and has urged them to intentionally accelerate the emergence of the economic triangle.
Speaking to newsmen in Uyo, Akwa Ibom State capital at the conclusion of his business trip to the state, Mr China, who is the managing director of the Housing and Construction Mayor Limited, said the envisaged economic corridor would compete favourably with the Lagos economic hub or even better.
He said: “Talking about ‘Economic Triangle’, the only place that can wrest economic power from Lagos is Akwa Ibom, Abia, and Rivers states axis or corridor. This corridor contains more than Lagos has, if they can be interconnected with smooth roads, ports, and if their blue potentials are unlocked. They will not only wrest power from Lagos but would be more lucrative.”
The investor who is behind the emerging Alesa Highlands Green Smart City in Eleme, near Port Harcourt, said the new ‘Economic Triangle’ has a bigger potential due to massive land assets with the corridor plus blue economy and the existing hydrocarbon industry.
Explaining, Mayor of Housing said Aba (Abia State) provides the biggest fabrication capacity in West Africa to supply goods to the Gulf of Guinea; Port Harcourt provides access to the Gulf of Guinea for off-taking Aba products, and the Uyo provides deep sea port at Ibaka and international airport facilities as well as forest reserves for massive agro-economy.
He said with sea ports in Rivers State and deep seaport in Akwa Ibom, and international airports in Rivers and Akwa Ibom, Aba can focus on adequate power supply and fabrication boom to supply a new booming market around the economic triangle.
By doing this, he said, jobs would spill out in huge quantities and more manufacturers would be drawn from all over Africa to boost the fast coming African Continental Free Trade Agreement (AfCFTA). He said Nigeria would thus have two major trade nodes in West Africa; Lagos and the PH/UYO/Aba triangle.
He said goods going to or coming from Chad, Niger, and the rest of Central Africa can head to the Lagos ports or to the Ibaka/PH ports zone in the new economic triangle.
He said with power supply made stable, good roads, excellent security system, and ease of doing business enthroned in the zone, the South-South and South East would become the biggest economic nerve in the near future.
Mayor of Housing called on governors of the three states to be intentional about the new corridor, put away political differences (if any), and create this corridor by agreeing on projects each state would execute with a short period of time so the states would be linked by good roads, communication, security, trade laws, concessions to investors, etc.
He remarked that northerners were already heading to the Onne Port in Rivers State to export goods, saying creating a commission to oversee the development of the ‘Economic Triangle’ would fast-track its emergence.
He observed that people of the three states are peaceful and usually preoccupied with zeal for economic prosperity, saying that if they are linked to such huge opportunities staring at them in the emerging economic triangle, they would totally shun violence and focus on prosperity.
Mr China insisted that the emerging economic triangle would form a big node not only into the Gulf of Guinea economic zone but into Africa because AfCFTA is about production, certification, market availability, and easy transport nodes by sea and air. He said the new economic triangle boasts of all the factors.
“They can only realise this by working together, through collaboration. One state cannot do it but a triangle of the three will create it through seamless interconnection, ports, industrial park, etc. The people will be the richest and internally generated revenue (IGR) will be the biggest in the country,” he said.
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