Business
Surrender Explosives, Anti-Bomb Squad Tells Militants
The Commissioner of Police in-charge of Anti-Bomb Squad, Mr. Chris Olakpe has urged the Federal Government’s Amnesty team to extend its operations to the recovery of explosives in illegal possession.
Mr. Olakpe, who made the call Friday, during a courtesy call on Rivers State Governor, Chibuike Amaechi, described explosives as a most devastating instrument which must be recovered from illegal use to ensure the safety of the environment.
The Commissioner said already men of the Anti-bomb unit have been dispatched to Maiduguri to detonate explosives recovered from the Boko Haram sect, while efforts were been made to recover and detonate those from Bauchi State and other parts of the country.
On the new charge to fish out and detonate explosives in Rivers State, the Anti Bomb Police Commissioner said the disarmament process would soon commence and called for the cooperation of the people of the state in ridding the environment of explosives.
The Police Commissioner said the state got two brand new tiger 4×4 vehicles, equipped with explosive antidote configuration, while his visit is also part of effects to beef up all aspects of EOD unit in the state to meet present realities.
The Police Commissioner said he had already visited the Port Harcourt Refinery to educate workers on steps to be taken in an event of explosion and how to envisage dynamite or a bomb.
The Anti Bomb Police boss said he is also using part of his visit to launch an awareness campaign in the state and thanked the state government for its assistance to the unit, particularly for the provision of brand new pick up vehicle to ease its job.
Responding, Governor Chibuike Rotimi Amaechi assured the Police Commissioner in-charge of Explosive Ordinance Dispcsal (EOD) that members of the Amnesty Committee would be reminded to request those surrendering arms to also hand over explosives in their possession.
“Thank you for drawing our attention to the issue of explosives, having reminded me, I will bring it to the attention of the Amnesty Committee to also request them to surrender their explosives like dynamites etc” Governor assured.
He congratulated the Police EOD Unit for benefitting from the new equipment, noting that Nigerians have started taking the lives of her citizens seriously, and reminded the Police of their responsibility to maintain law and order in the society.
In a related development the police commissioner in charge of anti Bomb squad, Mr Chris Olakpe, has said that Explosive Ordinance Disposal (EOD) Unit of t~ State Police Command has been strengthened for better performance.
Mr Alakpe who disclosed this Friday during a courtesy call on the State Governor Rt. Hon. Chibuike Rotimi Amaechi at Government House, Port Harcourt, said the State Anti Bomb Unit benefitted from the 28 new vehicles fully equipped with accessories provided by the Inspector General of Police (IGP).
The Police Commissioner said the state got two brand new tiger 4×4 vehicles equipped with explosive antidote configuration while his visit is also part of effects to beef up all aspects of EOD unit in the state to meet present realities.
According to him, Rivers people would begin to see more Anti bomb vehicles parading the streets because they have instruction to fish out those involved in illegal use of explosives and to get them disarmed as well as render the area safe.
He used the opportunity to appeal to the State Governor to remind the Amnesty Committee through the Federal Government that while the Committee is looking for guns they should also look for the most devastating instrument which is the explosives to ensure safe environment.
Mr Alakpe said already his men from Lagos has gone to Maiduguri to demolish over 20 explosives recovered from the Boko Haram while work is going on in Bauchi State to demolish those recovered from the sect in the state.
The Police Commissioner said he had already visited the Port Harcourt Refinery to educate workers on steps to be taken in an event of explosion and how to envisage dynamite or a bomb.
The Anti Bomb Police boss said he is also using part of his visit to launch an awareness campaign in the state and thanked the state government for its assistance to the unit particularly for the provision of brand new pick-up vehicle to ease its job.
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Blue Economy: Minister Seeks Lifeline In Blue Bond Amid Budget Squeeze

Ministry of Marine and Blue Economy is seeking new funding to implement its ambitious 10-year policy, with officials acknowledging that public funding is insufficient for the scale of transformation envisioned.
Adegboyega Oyetola, said finance is the “lever that will attract long-term and progressive capital critical” and determine whether the ministry’s goals take off.
“Resources we currently receive from the national budget are grossly inadequate compared to the enormous responsibility before the ministry and sector,” he warned.
He described public funding not as charity but as “seed capital” that would unlock private investment adding that without it, Nigeria risks falling behind its neighbours while billions of naira continue to leak abroad through freight payments on foreign vessels.
He said “We have N24.6 trillion in pension assets, with 5 percent set aside for sustainability, including blue and green bonds,” he told stakeholders. “Each time green bonds have been issued, they have been oversubscribed. The money is there. The question is, how do you then get this money?”
The NGX reckons that once incorporated into the national budget, the Debt Management Office could issue the bonds, attracting both domestic pension funds and international investors.
Yet even as officials push for creative financing, Oloruntola stressed that the first step remains legislative.
“Even the most innovative financial tools and private investments require a solid public funding base to thrive.
It would be noted that with government funding inadequate, the ministry and capital market operators see bonds as alternative financing.
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