Business
RSG Warns Ex-Militants Against Crimes
The Rivers State Government has stated categorically that any ex-militant that engages in crime would face the wrath of the law as the post amnesty programme has no room for criminality.
Governor Chibuike Rotimi Amaechi stated this yesterday when he addressed the authorities of the University of Port Harcourt at Choba over the recent violent demonstration of ex-militants on the school campus.
Governor Amaechi, who was represented by the Secretary to the State Government, Mr Magnus Abe, said the havoc caused by the ex-militants on the institution was totally unacceptable and would not be tolerated by the state government.
The governor explained that the amnesty period elapsed on October 4, this year, and therefore raping, looting and destruction of people’s properties, which are not covered by the amnesty programme, attract punishment.
He restated the state government’s commitment to the rule of law and assured that anybody who commits crime would face the wrath of the law because the state government would not allow a recurrence of criminality.
Governor Amaechi said the ex-militants were brought to the Aluu camp to be re-orientated and rehabilitated to make them better people but noted that under the present circumstance it is wrong to allow them stay near the institution.
The State Chief Executive used the opportunity to convey the deep concern of the government and good people of Rivers State to the University Community over the incident and appealed to the victims to put themselves together while those raped are to be given proper medical attention.
Governor Amaechi stated that the federal government has been fully briefed on the issue, emphasizing that the non-payment of their allowance should not have attracted the violence they perpetrated on the school community.
He, therefore, urged the Vice Chancellor of the institution to reassure members of the school community that the incident would not reccur and advised them to go back to work.
Earlier, the Vice Chancellor of Uniport Prof. Don Baridam, thanked the state government for the concern they have shown towards the school and the reassurance of adequate security measures.
Prof. Baridam said few weeks after the murder of the school’s Chief Security Officer and the violence perpetrated by the ex-militants, a state of fear has now enveloped the institution, leading to workers absenting themselves from work for fear of their lives.
“Payment of tuition fees for undergraduate/postgraduate studies shall be subject to a maximum limit of $25,000.00 per semester,” the Manual states.
The expansion of international card limits also reflects growing confidence among lenders that foreign exchange liquidity has improved enough to support retail dollar transactions.
Speaking recently at the BusinessDay 14th Annual CEO Forum in Lagos, CBN Olayemi Cardoso, governor of the CBN said buying and selling activities now increasingly determine outcomes in the foreign exchange market, unlike in the past when market participants relied heavily on routine Central Bank interventions.
According to Cardoso, Nigeria’s net foreign exchange reserves have risen from just over $3 billion at the start of the reform programme to more than $40 billion, while gross reserves have climbed to about $52 billion, providing stronger confidence for investors and enabling the Central Bank to reserve interventions for periods of market stress rather than day-to-day liquidity management.
The restoration and expansion of international naira card spending limits are increasingly being seen as one of the clearest signs that the benefits of the CBN’s foreign exchange reforms are beginning to reach households, students and businesses making legitimate cross-border payments.
The Secretary-General and Chief Executive Officer, WEC, Dr Angela Wilkinson, disclosed this in a statement, last Thursday.
“Nigeria’s participation comes at a pivotal time as the country seeks to expand energy access, strengthen energy security, accelerate gas development and mobilise the capital required for industrialisation and sustainable economic growth.
“WEC Nigeria will convene leaders from across the energy ecosystem, apply the WEC’s globally recognised Energy Trilemma framework to Nigeria’s unique context, and promote evidence-based dialogue, practical collaboration and informed policymaking.
“It will also ensure that Nigerian and broader African perspectives contribute meaningfully to global energy conversations,” she said.
Wilkinson expressed confidence that Nigeria would play a significant leadership role at the World Energy Congress scheduled for Riyadh in April 2027 and beyond.
The statement also quoted the Chairman of WEC Nigeria, Isa, as describing the country’s participation as an opportunity to deepen national and African leadership within the global energy community through practical solutions tailored to regional development priorities.
He said the platform would promote collaboration across sectors and attract sustainable investments into Nigeria’s energy sector.
The Chief Executive Officer of WEC Nigeria, Wunti, was quoted in the statement as saying that the council would connect leadership, evidence and investment to build a secure, affordable and sustainable energy system.
“This system will be capable of driving economic growth and shared prosperity.”
According to him, the platform will also connect Nigerian institutions and businesses with international knowledge, technology, partnerships and investment opportunities through the World Energy Council’s global network.
Recall that WEC, founded in 1923, is the world’s oldest independent and impartial community of energy leaders and practitioners, advancing informed, collaborative and practical action across the global energy system.
