Rivers
TERL’s Board Of Directors Challenged
The Board of Treasure Energy Resources Limited (TERL) has been challenged to ensure that the objective for which the company was set up is vigorously pursued and realised.
Speaking while handing over the company’s registration and other vital documents to the board recently in Port Harcourt, a member of Rivers State Economic Advisory Council, Chief Emmanuel Chike observed that in the past, business ventures set up by government had not faired well.
Chief Chike, however, noted that with the caliber of men and women on the Board of TERL, he was confident that the company would grow in leaps and bounds and achieve its objectives.
Earlier in his remarks, the chairman of the Rivers State Economic Advisory Council (RSEAC), Prof. Nimi Briggs recalled that following the recommendation of the RSEAC and approval of the state governor, the ESEAC successfully midwived TERL. This process culminated in the registration of the company as well as the appointment and inauguration of the Board of Directors by government.
Receiving the documents, the Chairman, Board of Directors of TERL, Chief Chamberlain Oyibo described the occasion as historic and the conception of the company as well thought out.
Chief Oyibo stated that TERL would seriously develop human capacity in the petroleum sector, adding that the board would do its best to justify the vision of government and ensure that the people of Rivers State benefit maximally.
He thanked the Rivers State Economic Advisory Council for midwiving the company and solicited for their continued support.
Treasure Energy Resources Limited (TERL) owned by the Rivers State Government was registered on May 15, 2009 as a Limited Public Company. It is expected to be a leading indigenous petroleum company that will actively participate in the petroleum industry for the maximum benefit of the people and government of Rivers State.
Rivers
Rivers High Court Restrain Trustees, Knights of St. John International, Others From Conducting Election
The High Court sitting in Port Harcourt, Rivers State, has restrained the registered trustees of Knights of St John International, Supreme Subordinate Commandery, Nigeria, and four others from conducting elections into Our Lady of Holy Rosary Local Commandery No 920 CIWA, Port Harcourt, District 48 Commandery elections, and Supreme Subordinate elections of the Knights of St John International, Nigeria, pending the determination of the substantive matters before them.
Justice G.C. Aguma and Justice V.C. Ugoji, in their separate interim orders of injunction issued in Suit No: PHC/4410/CS/2025 and Suit No: PHC/4359/CS/2025, respectively, restrained the defendants, whether by themselves, their privies, agents, servants, or any person or group of persons working under them, from conducting elections into Our Lady of Holy Rosary Local Commandery No 920, CIWA Port Harcourt, District 48 Commandery, Port Harcourt Commandery, and Supreme Subordinate of Knights of St John International, Nigeria.
The claimants, Sir Njoku Chukwuemeka Andrew and Sir Chukwuemeka Martin Mba, in separate suits, through their legal representatives, dragged the defendants to court, seeking an order to restrain them from appointing or installing any interim caretaker executive or leadership to run or pilot the affairs of St John International, Our Lady of Holy Rosary Local Commandery No 920, CIWA, Port Harcourt.
The defendants in the matter are: Registered Trustees of Knights of St John International, Supreme Subordinate Commandery, Nigeria; Brig. Gen. Emmanuel Ufuoma Okene, the Grand President, Port Harcourt Grand Commandery, Knights of St John International; Noble Brother Viktor Benebo, the Chairman Investigation Committee set up by the 2nd Defendant to investigate the claimants; Sir Architect Prempeh Ebiware, the District 48 Commander, Knights of St John International, Port Harcourt; and Sir Harry Oruma, member of Knights of St John International, Our Lady of Holy Commandery No 920, CIWA, Port Harcourt.
The two judges, after listening to the counsels in the matter, granted the claimants’ request and adjourned the matter to 10/12/2025 and 16/12/2025, respectively, for hearing of the motion on notice.
Rivers
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Rivers
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