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Niger Delta

MTN Engages Stakeholders On Public Offer In Bayelsa, Benin City

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MTN Nigeria Communications Plc (MTN) has offered to sell 575 million units of its shares to retail investors, saying shares will be available to the public at N169 per unit from 1st December to 14th December 2021.
MTN Nigeria made this disclosure during a stakeholders engagement event, aimed at enlightening and engaging interested retail investors in Yenagoa, Bayelsa State and Edo state capital of Benin City, respectively.
Giving further details of the benefits of the public offer in Yenagoa, the General Manager, Business Development MTN Nigeria, Mr Valentine Izuchukwu, said that sales of the share did not in any way mean that MTN intends to leave Nigeria or is financially bankrupt.
He explained that the MTN Group, which holds 79 percent of the shares of the company, is making this public offer because it has decided to sell parts of its shares to Nigerians, so that they can also be part of the ownership of the company.
He reiterated MTN’s Nigerianisation agenda and commitment to doing business in Nigeria.
“We have done some things to guarantee the future of MTN in Nigeria. We have built the longest kilometers of fibre which guarantees the provision of quality internet service. The company has also decided to build its corporate headquarters in Lagos.
“This means, we have decided to stop renting an office space and build our roots in Nigeria. We have also made a commitment to contribute to road infrastructure in Nigeria. We are partnering with the government to construct road infrastructure and the first road the government has assigned for MTN to construct is the Enugu-Onitsha road. This goes a long way to prove that we are committed to remain in Nigeria and contribute to the success stories of every Nigerian.”
Giving a breakdown of the shares offer, the Senior Manager, Treasury Operations and Support, MTN Nigeria, Tolani Akanbi, said, “The minimum subscription is for 20 shares and lots of 20 shares thereafter. The offer includes an incentive in the form of 1 free share for every 20 shares purchased, subject to a maximum of 250 free shares per investor. The incentive is open to retail investors who buy and hold the shares allotted to them for at least 12 months, post the allotment date.”
She explained that the retail offer will be delivered via a digital platform, using the power of technology to facilitate the maximum possible participation by Nigerian investors.
Also speaking at the ceremony in Edo, Benin City, the Chief Customer Relations Officer, MTN Nigeria, Ugonwa Nwoye, made a passionate appeal to Edo people to take advantage of the opportunity and buy shares in the telecommunication service provider.
She said that initially the shares sold for over N200 per share but was reduced to N169 to allow more Nigerians to buy shares in the largest mobile network operator.
According to Nwoye, MTN Nigeria, as the second biggest company at the Nigerian Stock Exchange (NSE) after Dangote Cement, has never defaulted in paying its shareholders since 2019 when it was listed at the NSE.
In the same vein, the Senior Manager Investor Relations, MTN Nigeria, Chima Nwaokoma, noted that the company in the last 20 years had grown to become the biggest company at the Nigerian Stock Exchange in terms of capitalisation.
Nwaokoma highlighted some benefits of holding shares in MTN, saying, “We pay dividends twice in a year. We pay interim and final dividends. We have consistently paid to our shareholders and have never defaulted. There’s no limit to what you can buy. Edo people should take advantage of the offer and buy our shares.”

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Niger Delta

Bayelsa Inaugurates Cttees For 30th Creation Anniversary

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The Bayelsa State Government has inaugurated six sub-committees, as it begins preparations for the 30th Anniversary celebration of the creation of the state on 1st October.

Inaugurating the sub-committees in Government House, the Deputy Governor, Dr. Peter Akpe, explained that Bayelsa has countless reasons to appreciate God for what He has done for its land and people in the 30 years of its existence, especially  in development.

He charged the sub-committees to come up with proposals for the various activities and events for the celebration within the next two weeks in line with their respective terms of reference, stressing that strategic things had to be done to make the anniversary significant and historic.

According to him, the three-day programme of activities for the anniversary celebration, which will commence on the 29th of September, will be preceded by two weeks of commissioning of public infrastructural projects completed by the Prosperity Administration.

The Bayelsa Number Two Man further clarified that events penciled down for the celebration include a cultural carnival, boat regatta, anniversary lecture, sporting events, state banquet and awards night.

The sub-committees are: the Awards Sub-Committee, chaired by His Majesty, King Bubaraye Dakolo; the Sports Sub-Committee, headed by Hon. Daniel Igali; and the Lecture Sub-Committee, with Prof. Stephen Olali as its Chairman.

Others are: the Mega Praise Sub-Committee, jointly chaired by the Deputy Governor, Dr. Peter Akpe, and the Managing Director of Premium Trust Bank, Dr. Emmanuel Emiefenim;  the Cultural Sub-Committee, headed by Rt. Hon. Monday Bubou-Obolo; and the Publicity Sub-Committee, with the Commissioner for Information, Mrs. Ebiuwou Koku-Obiyai, as Chairman.

by: Ariwera Ibibo-Howells, Yenagoa

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Niger Delta

NDDC Backs Federal Drive To Cut Maternal, Newborn Deaths … Trains Traditional Birth Attendants

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The Niger Delta Development Commission (NDDC) has stated its commitment to supporting the Federal Government’s Maternal and Neonatal Mortality Reduction Innovation Initiative (MAMII), with a renewed push to tackle the persistently high rate of preventable maternal and newborn deaths across the Niger Delta.

The Commission made the pledge during workshops for traditional birth attendants held in Delta and Bayelsa states, where it stressed the need for stronger collaboration between traditional birth attendants and the orthodox healthcare system to improve maternal and child health outcomes.

Speaking at the training, the Managing Director of the NDDC, Dr. Samuel Ogbuku, urged women to embrace modern medical care while leveraging the trusted role of traditional birth attendants in their communities.

Represented by the Principal Manager, Education, Health and Social Services (EHSS), Mrs. Dare-Oloko Kuami, Ogbuku described maternal and child mortality as an alarming public health challenge that requires urgent and collective action.

“The rate of death among women and children is alarming and must be eradicated. This training is designed to enlighten our women and should not be taken for granted”, he said.

According to him, the workshop was organised to strengthen the knowledge and capacity of traditional birth attendants in providing safe maternal and newborn care, identifying pregnancy-related complications early, and referring high-risk cases promptly to hospitals and health centres.

Also speaking, the Director of Education, Health and Social Services, Dr. Patience Ezugu, called on women to take issues relating to childbirth seriously, stressing that improved knowledge and adherence to safe delivery practices would help save lives.

Represented by the Principal Manager, EHSS, Dr. Otokolo Fidelis, Ezugu disclosed that more than 300 women from Delta and Bayelsa states participated in the training and were provided with medical equipment and  cash support to enhance their services.

One of the resource persons, Mrs. Gift Akitiri, underscored the vital role traditional birth attendants continue to play in many rural communities, noting that regular capacity building would improve the quality of maternal healthcare delivery.

“Traditional birth attendants are trusted members of many communities. By equipping them with updated knowledge, we are helping to ensure that mothers and newborns receive timely and appropriate care, thereby improving health outcomes”, she said.

A participant, Mrs. Franscica Odiakosa, commended the NDDC for organising the workshop, describing it as timely and impactful.

“I have gained valuable knowledge that will improve the quality of healthcare I provide in my community. I have also learnt the importance of referring expectant mothers to health centres and hospitals whenever a case is beyond my capacity”, she said, while urging the Commission to sustain the initiative.

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Niger Delta

Uyo Club Inaugurates New Executive … Tasks Members On Service,  Community Impact

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One of Nigeria’s oldest and most prestigious social clubs, Uyo Club, has inaugurated its full Executive Council to oversee the affairs of the association for the next two years, with a charge to provide purposeful leadership and make meaningful contributions to society.

Speaking during the inauguration ceremony at the club’s headquarters on Wellington Bassey Way, Uyo, the President of the club, Prof. Sahm Etuk, urged the newly elected executive members to bring their wealth of experience and professionalism to bear in the discharge of their responsibilities.

He said members of the club expected the new leadership not only to strengthen the institution, but to also extend its impact beyond the clubhouse through service to the wider community.

“You have voluntarily presented yourselves for service, and we expect that you will make yourselves available at all times to offer the service required of you”, Etuk said.

The inauguration followed the April 2026 bye-election conducted to fill vacant positions in the Executive Council.

Among those inaugurated was renowned broadcast administrator and Executive Managing Consultant of Comfort 95.1 FM, Uyo, Samuel Enoh Akpan, who was elected Public Relations Officer. Akpan is also a member of the Nigerian Guild of Editors (NGE).

Other members of the Executive Council are Barrister Eno Inyang (Treasurer), Anthony Etim (Social Secretary), Christian Daniel (Welfare Secretary), Friday Ekpa (Legal Adviser), Christian Chukwu (Provost), Mmenye Udofa (Assistant Secretary), Otu Otu (Maintenance Secretary) and Macaulay Udom (Ex-Officio).

Prof. Etuk, a Professor of Strategic Marketing, Director of the School of Continuing Education at the University of Uyo, and Chairman of the institution’s Sports Committee, had earlier been inaugurated as President on January 10, 2026, alongside the Vice President, Dr. Nestor Udoh, a retired Permanent Secretary.

Other officials inaugurated at the time include Ndi Aquaisua (General Secretary), TPL Dr. Emmanuel Etuk (Financial Secretary), Dr. Imbur Terfa (Auditor), and Dr. Anietie Ekong (General Games Captain).

The President also inaugurated the Board of Past Presidents, made up of all living former presidents of the club, urging them to continue providing guidance and institutional support to the Executive Council in line with the club’s constitution.

Former presidents present at the event included Dr. Emem Umoh, Dr. Bassey Etuknwa, Engr. Mbosowo Orok, Prof. Ini Jonah, and Akparawa Ikpong Essien-Udom, a member of the Standing Committee of the Nigerian Guild of Editors.

Etuk called on members to unite in pursuit of the club’s founding ideals of recreation, service and development, expressing confidence that the newly constituted organs of the club would strengthen its operations and reposition it for greater relevance.

Founded in 1935, Uyo Club remains one of Nigeria’s foremost recreational associations, with a membership that cuts across diverse professions and sectors of society.

 

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