Business
2009: Legal Council Handles 309 Cases In Rivers
The Legal Aid Council, Rivers State chapter, says a total of 171 criminal applications were received last year. Out of this number, 100 applications were disposed off, while about 71 are still pending in the courts.
Also, about 138 applications were received for civil cases last year, while 36 criminal cases were received between January and April this year. A total of 76 civil applications have so far been received and are receiving attention.
The state co-ordinator, Mrs Ijeoma P. Alinnor disclosed this while speaking with The Tide, Wednesday, in Port Harcourt.
She explained that the Legal Aid Council is charged with the responsibility of indigent citizens whose income cannot afford the services of private legal practitioners.
“Legal Aid Council is established to give voice to the voiceless. We go to the communities and educate them on their rights while creating awareness on the council’s activities”, she said.
Mrs Alinnor noted that the council under its civil jurisdiction also functions as a mediation centre where alternative dispute resolution measures is used to settle parties or complaints made to the council.
Alinnor, who is a senior legal aid officer in the state, said the council is also charged with the responsibility of reviewing the cases of awaiting trial inmates who have stayed in custody and assist them in securing their release.
According to her, the major militating factor in achieving the vision of the council has been lack of mobility, inadequate funding, lack of basic equipment and lack of adequate manpower to move around in the discharge of their functions in the 23 local government areas of Rivers State.
She thus appealed to the state government through the office of the attorney-general and the judiciary to assist the council by providing the necessary facilities to enhance effective discharge of their functions.
Mrs Alinnor commended the efforts of the state judiciary in providing accommodation and furniture for the council since the inception of legal aid in the state in 1979.
She encouraged private legal practitioners to appreciate its service and donate or generate fund to boost its services.
The state coordinator also noted that the provision of access to justice is a collective responsibility, adding that “the Legal Aid Council is the only statutory body with the mandate to do justice”.
She enjoined every well meaning person and agencies in the justice delivery system to support the legal aid council to render services to humanity.
Business
Private sector gets N2.2tr credit in 30 days — CBN
Credit to Nigeria’s private sector rose to N83.26 trillion in June 2026 from N81.04 trillion in May, signifying a positive balance of N2.22 trillion month-on-month.
Year-on-year, the figure represents a nine per cent increase compared with the N76.13 trillion recorded in June 2025. The latest figures come as the CBN continues to balance efforts to control inflation with the need to support economic growth and expand credit to businesses.
The CBN data shows that credit to Nigeria’s private sector increased by approximately 2.74 per cent month-on-month between May and June 2026. Also, the CBN data noted that credit to the government fell slightly to N40.03 trillion from N40.38 trillion. Other assets, net, dropped to N10.76 trillion from N12.63 trillion.
The credit surge signifies sustained growth in lending to businesses and other private-sector borrowers during the month. The rise in private sector credit was recorded alongside an increase in net domestic credit, despite declines in credit to government and other assets.
Further analysis of the report says that compared with June 2025, private sector credit rose by about N7.13 trillion yea-on-year but net domestic credit increased by approximately N1.87 trillion during the month.
The CBN’s relatively tight monetary policy stance notwithstanding, more banks still loaded funds to the private sector within the period. The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) held its 306th meeting on July 20 and 21.
The Committee reviewed recent developments in the global and domestic economies, assessed emerging risks to the outlook and considered their implications for monetary policy and retained all rates.
The Committee decided to retain the Monetary Policy Rate at 26.5 per cent; the Standing Facilities Corridor around the MPR at +50/-450 basis points and retain the Cash Reserve Requirement (CRR) for Deposit Money Banks at 45.00 per cent, Merchant Banks at 16.00 per cent, and non-TSA public sector deposits at 75.00 per cent.
The MPC decision means that credit extension in the private sector will likely continue to rise because of rising confidence in the sector and calls by stakeholders for banks to invest in the private scetor instead of government securities.
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