Niger Delta
Niger Delta Insecurity: FG Losses N490bn
The Federal Government has said that it lost a total sum of N490 billion from 2004 to 2007 due to the insecurity experienced in the Niger Delta region.
The Minister of State, Niger Delta Affairs, Elder Godsday Orubebe disclose this at a one-day seminar organized by the specialized Marine Transport Trade Group forum organized by Port Harcourt Chmaber of Commerce, Mines and Agriculture, on Saturday in Port Harcorut. The theme of the seminar was “Re-integration of corporate social groups and society in the Niger delta.”
According to him, the amount lost, if recircled into the economy would have been able to foot the cost of building 14 refineries in the country. He stressed the need for corporate bodies, individuals and relevant agencies to join hand in actualizing the reform agenda of the federal government as well as compliment the efforts of the federal Government the efforts of the federal government in the rehabilitation and re-integration programme for the repentant youths.
The Minister of State who was represented by a Director, Dr. O. T. Elem called for sustainability of the existing peace in the state, noting that insecurity has brought about loss of over 5,000 jobs in recent time.
In a paper presented by the chief of Naval Staff, represented by Rear Admiral E. Ijeoma, noted that Niger Delta accounts for over 90 per cent of Nigeria’s foreign Exchange earnings, amounting to $450 billion between 1957 and 2007.
He regretted that insecurity and vandalisation of pipelines has caused the nation social and economic harm, resulting to loss of jobs and shortage of power supply, saying that individuals, communities, corporate bodies and government have role to play in tackling the challenges of insecurity in the country.
The President, Port Harcourt Chamber of Commerce Industry, Mines and Agriculture PHCCIMA, represented by the 2nd vice president Emeka Onachukwu lamented how government wrong business policy has affect the organised private sector, stressing that inspite of the challenges some corporate bodes have made meaningful impact on the well being of the people of the Niger Dela.
Niger Delta
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Niger Delta
Monarch Lauds Fubara Over Speedy Execution Of Projects In Rivers
A traditional ruler in Rivers State, His Royal Highness, Epelle D. E. Asukokpong has commended the Rivers State Governor, Sir Siminalayi Fubara, for ensuring speedy execution of ongoing projects across the state.
Asuk-okpong, who is the Paramount Ruler of Egwe-Asukokpong in Asarama District, in Andoni Local Government Area lauded the Governor during his inspection tour with his Cabinet on a section of Andoni road linking Oyorokoto fishing community in the area, yesterday.
The Paramount Ruler who expressed satisfaction with the pace of work on the road, commended the Governor for the seriousness he attached to the project.
According to him, “there is a serious motivation on the part of the company handling project.
“With what am seeing today I can say that the Company has redoubled its effort by 50 percent after the Governor’s inspection of the Road on October 28, 2025.
“I thank God for His intervention in the political impasse that was trying to slow down the pace of development in the State.”
The Traditional Ruler, who doubles as PRO of Asarama Divisional Council of Traditional Rulers and Secretary Asarama Town Council of Traditional Rulers said traditional rulers in his domain would continue to support the efforts of Government at all levels to ensure security and development in the area.
He also appealed to the State Government to intervene in the abandoned Asarama, Engendem, Unyeada Ring Road in the area.
It would be recalled that the Rivers State Governor, Sir Siminalayi Fubara, on October 28, 2025, visited the Andoni Atlantic Ocean shoreline to inspect the 13-kilometre road project currently under construction.
The road, when completed, will provide direct access to the beach and link Oyorokoto — a fishing settlement in — to Ngo, the headquarters of Andoni Local Government Area which has since been linked to mainland Ogoni by the Governor.
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