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Rivers Signs MoU For N10bn Banana Plantation …Amaechi Assures Quick Gains For Investors

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The Rivers State Government has signed a Memorandum of Understanding (MoU) with Union De Initiative SA DE CV of Mexico, for the establishment of a N10billion banana plantation in the state.

The commissioner for Agriculture, Mr Emmanuel Chinda who performed the ceremony on behalf of the state government in his office in Port Harcourt, said that the state government would contribute 40 per cent of the project sum while the Mexican firm will contribute the remaining 60 per cent.

Mr Chinda said that the plantation which will be sited in the Ogoni axis of the state, is meant to generate employment opportunities for the people of the state.

The Commisisoner also said that the plantation is part of the programme put in place by the government for the establishment of large-scale farms in the state.

“The state government is laying a lot of emphasis on large scare agriculture, we will re-examine all we have done in the area of agriculture so far, and try to raise the value chain of that sector so that it creates the necessary employment , that is supposed to be for our people”, he said.

He used the occasion to assure the Mexican investors of government’s preparedness to assist in the  realization of the project.

Speaking on behalf of the firm, Mr Gabriel Airedondo said they were proud to partner with the state government in the establishment of the plantation, describing it as a historic event.

The Permanent Secretary in the Ministry of Agriculture, Mrs Jokotade Adamu thanked them for their interest and stressed the need for the establishment of a factory  that will process the banana harvested from the plantation.

Meanwhile, the Rivers State Governor, Rt. Hon Chibuike Amaechi has assured prospective investors in the N250 billion Rivers bond of quick returns on their investment.

Governor Chibuike Amaechi gave the assurance, on Monday, when a team of Standard and Poors – an International public finance rating body led by its Director, International/Sovereign Public Finance, Mr. Lorenzo Pareja paid him a courtesy visit in Government House, Port Harcourt.

Governor Amaechi disclosed that the State has worked out modalities for paying back the loan. His words, “we assure all those who would invest in the bond that they would get back their money with good returns in good time.”

The Governor who reiterated the rationale behind going for the bond, averred that the bond is aimed at assisting government fund on-going projects such as the new M-10 Highway, the Greater Port Harcourt City, the Monorail, the New Mega Hospital, the new Rivers State University of Science and Technology complex and several other landmark developmental projects.

“What I’ve told them is, we must pay back within our tenure,” the governor said.

According to the Rivers State Chief Executive, the state government would not wait for the monthly revenue allocation to drive development.

“This administration needs money to complete its projects. Our target is to be able to fund capital expenditure. If we wait for Federal Government revenue, we may not be able to complete our projects on time.”

He added that, “in the next four years our projected revenue is estimated to be between 900 billion and 1 trillion naira.”

He disclosed that currently the internally-generated revenue has risen from N4.5 billion to N5 billion which makes the State viable to repay its debts without stress.

Earlier in his remarks, Mr. Pareja intimated the Governor that the team was in the State to carry out its yearly monitoring and assessment of the Rivers State credit ability.

So far, he said that the State has shown remarkable improvements in the management of its resources and governance in general.

Considering the current economic boom the state is witnessing, the Standard and Poor’s Director stated that the government could go ahead to issue the bond, noting that it is in line with the Rivers State capital expenditure.”

“We have heard of plans by the State to issue bond in the capital market. This is quite historic because it’s the first time Rivers State is doing it. N250 billion capital expenditure is a substantial investment.

“We hope that this very remarkable investment plan will have a lasting impact on the State and its internally generated revenue.” Pareja said.

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Association Seeks Government Intervention in Desilting of Canal 

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The Rumuokania 2 New layout Landlords Association in the Obio/Akpor local government area of Rivers State is seeking the intervention of the Rivers State Government in the desilting of the canal which transverses several  communities including Mgbaraja,Ogbogoro,Egbule,Elioparanwo,Ozuoba and other communities in the area.
The Association which said this at a media briefing in Port Harcourt also lauded Governor Siminalayi Fubara for the construction of the Rumuoke/pipeline internal roads.
The landlords said the canal impede the free flow of water from the affected communities thereby causing severe flooding whenever it rains in the area.
The Association also commended the governor for the ongoing construction and rehabilitation of road across the state, adding, the gesture has not only rekindled hope of Rivers people for a better tomorrow,but has bought prosperity across communities in the state.
According to a Press release made available to news men during the briefing,”We are gathered here today to express immense appreciation to His Excellency, the Governor of Rivers State,Sir Fubara, GSSRS,for the construction of the Rumuoke/pipeline Internal roads.
“We also wish to use this medium to request the desilting of the Canal transversing the area and the construction of adjoining roads to the area.
“We acknowledge with profound gratitude the transformative governance going on in Rivers State under the purposely and impactful leadership of Governor Fubara.
“The visible impact of his administration across all sectors, particularly the rehabilitation and construction of new roads,has rekindled hope among the people and brought prosperity to our communities”The Association said.
The landlords particularly praised the Governor for the successful  completion of  the  Rumuoke Road from Okilton junction off Ada George Road to Road 9-2nd & 3rd Avenue, Road 10-2nd Avenue and 3rd Avenue, and Pipeline Road upto the canal, expertly executed by Monier Construction Company (MCC).
They noted that,prior to the intervention of the Governor,the road was in an extremely deplorable state, impassable, and prone to flash floods whenever it rains.
“Most houses and business premises were often flooded as people could hardly leave or access the area,while economic activities were completely paralyzed.
“The newly constructed internal roads have completely eased traffic in the area, boosted economic activities, and improved the quality of life of residents of Rumuokania and Rumuoke communities”
The release which was jointly signed by pastor Joel Gbandi, chairman of The Association and Lucky Ashley Atiegoba secretary,on behalf of the Landlords also expressed gratitude to the Governor for the  construction of all internal roads in the area.
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It however drew the , attention of the Governor to an emerging issue which they said poses  threat to the durability of this critical road infrastructure.
According to the landlords,”at the terminus of the newly constructed pipeline road, the adjoining canal is severely blocked, impeding the free flow of water .
“The canal serves as a vital waterway, traversing several communities, including Rumuokania, Mgbraja, Ogbogoro, Egbelu, Elioparanwo, Mini-Orlu, Rumue-vorlu, Rumuokwachi, Ozuoba, Iwofe, Rumuolumeni, Rumuepirikom, and Mini-kete, among other communities.
“This obstruction has caused water to back up onto the surface of the newly constructed road, leading to accelerated erosion and hazardous conditions for surrounding buildings, motorists, and pedestrians alike within RumuokaniaRumuoke communities.
“It is against this backdrop that we respectfully request the kind intervention of our dear Governor in this regard:
” We humbly request the desilting of the canal to restore proper drainage and prevent water overflowonto the newly constructed internal roads and flooding within the communities.
“. We also request the construction of adjoining roads to the area to provide alternative pathways and improve overall accessibility in the area.
“Addressing these germane concerns will not only safeguard the investment of the state government in road infrastructure in the area but will also mitigate flooding, enhance safety, and further elevate the living standards of residents of Rumuokania and Rumuoke communities”the landlords said.
By: John Bibor
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Rivers Judges Begin Christmas Vacation Dec 23

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Judges of the High Courts of Rivers State will proceed on this year’s Christmas and New Year vacations on Tuesday, 23rd December 2025.

This was contained in a statement signed by the Registrar, State High Court, David Ihua-Maduenyi, on behalf of the Chief Judge of the State, Justice Chibuzor Amadi, and made available to newsmen over the weekend.

The statement stated that judges will commence the yuletide vacation from Tuesday, 23rd of December 2025, and resume on Monday, January 12, 2026.

According to the statement, the directive is in compliance with the provision of Order 49 Rule 4(C) of the High Court of Rivers State Civil Procedure Rule, 2023.

The statement added that during the period of the vacation, all judicial divisions of the High Court of the State shall remain closed, while a vacation judge shall be designated to entertain only urgent applications and matters filed during the vacation.

 By: Akujobi Amadi 

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Govt-Approved Land Authority Emerges In Alesa To End Land Grabbing

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Land grabbing and crisis of fraudulent land sales may soon be a thing of the past as Rivers State begins experimenting the community land development committee system.

The experiment saw the light of day in Alesa Eleme where the Alesa Land Development Commiittee (ALDEC) was inaugurated last Friday by the paramount ruler of Alesa, Emperor J.D. Mkpe.

The Alesa community where the Port Harcourt refineries are situated has implemented the recommended formula with the strong support of the paramount ruler said to be a respected leader known for his commitment to peace, education, community development, and support for law enforcement, often advocating for better infrastructure and governance in his area.

 

Inaugurating the committee headed by a businessman, Mr. Emmanuel Olaka, the paramount ruler recounted the contributions of his community to economic development of the nation.

 

“Alesa is one of the 10 communities in Eleme and we are the first community in Nigeria that has refineries. The Port Harcourt Refinery (1&2) that has a lot of pipelines surrounding us. We have done a lot of contribution in making sure Nigeria stands great among all nations.

 

“We are made up of about 13 communities due to expansion. When I say 13 communities, Alesa is a community that has embraced other people. You can see here some people from the northern community. All the communities are here. That is why Alesa is known as a cosmopolitan community.

 

“Because we have got a lot of information about sale of land, and because we now have a situation whereby other persons will go into another person’s land and sell without the owner’s notice. We have also got information about minors who are not qualified to sell landed property, now selling land without letting their elders know.

 

“And that is why today, we are going to inaugurate a land development committee whose duty is to see into all these issues and bring up report about them. This will make both buyers and sellers feel very free in Alesa.

 

“We seize this opportunity to warn thus: if you sell any land to anybody without this committee’s knowledge or consent, you are doing it at your own risk. If you are buying any land from Alesa, this committee will know. By this, we will track those selling the land to you so that you don’t buy land from a wrong person. We also do not want you to buy land from an under-aged persons (children) who will sell land and run away.

 

According to him, we are also partnering with the Rivers State government on the project because those who buy land in Alesa with due process would be backed all the way to acquisition of certificate of occupancy (CofO).

 

“We are duly registered and we hereby show the world our certificate of registration and recognition. This is not a shabby arrangement. We have the registration and the authority which we have here as a body approved by the government to go into this development. This also is the registered constitution of the body.

 

 

“We will also make sure that whatever land you buy here, will be registered with the government of Rivers State through the office of the Surveyor-General and the Ministry of Land and that of Housing. This is to permanently stop land grabbers,

 

“We want you to buy and develop, not to keep for decades. Failure to develop your land after five years, the land will be forfeited to the government of Rivers State as a ‘waste land’ that you do not want to develop. So we are here not to maltreat any individual, we are not here to punish anyone, but to make sure your money is safe.

 

“We are optimistic that this strategy will work for us all. One of the greatest persons who has been able to identify with us is the Mayor of Housing. He has been friendly to us and to our aspirations.

 

Speaking immediately after the inauguration, the chairman of Alesa Land Development Committee, Mr. Emmanuel Olaka, vowed never to betray his community.

 

“I want to extend my sincere appreciation to the Alesa Council of Chiefs, the women, the youths, for nominating me to be the chairman of the Alesa Land Development Committee. I want to say this afternoon that I, Emmanuel Olaka, a bonafide son of Alaka, from Uwueke community, I will never disrespect this community. I will always do what is right, so that my God will always stand by me. I will not be biased.”

 

Also speaking, the Mayor of Housing, My-ACE China, who is behind the Alesa Sustainable Green Smart City, commended the community for leading the way and the war against land grabbing and land fraud.

 

He said the development would augur well for the green city being initiated in the area and other projects coming to Alesa.

 

He urged other communities in Rivers State and beyond to move fast and inaugurate such committees to put an end to land grabbing.

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