Editorial
Rivers And Global Financial Ratings
Rivers State Government recently announced an increase in its monthly Internally Generated Revenue (IGR) from N6.2 billion in January to N9.5 billion in February, 2013.
This represents 300 per cent increase in the past six years, and stands as the best in the history of the state since its creation.
From a N250 million recorded 14 years ago, the Amaechi administration transformed the history of the state’s IGR to hit the N5 billion mark by 2011 and N9.5 billion in 2013.
This feat is indeed legendary and has attracted local and international commendations from renowned global analysis and rating agencies, especially when viewed against the background of the state government’s robust financial policies.
For this accomplishment, the globally renowned finance analysis and rating agencies such as Fitch and Standard and Poor’s (S&P) gave the state government a pass mark for its financial management policies.
In December 2011, fitch had upgraded Rivers State from “Stable” to “Positive” on the strength of significant infrastructural development and overhaul of public finance framework.
Similarly, Standard and Poor’s (S&P) had in its 2010 credit analysis report confirmed the State as having a strong liquidity base with no substantial debt burden, and also lauded the government for its strong cash holdings and healthy operating balance. More importantly, S&P supported the state government’s effort towards modernising public sector administration in Information Technology, Transparency and Accountability in governance. The Tide also identifies with the state government’s success story, particularly in divesting itself from the age long financial irresponsibility in governance.
Even more commendable is the government’s courage to subject itself to appraisal by such reputable and internationally recognised organisations.
We recall that upon assumption of office, Rt. Hon Chibuike Amaechi promised to lay a strong economic foundation for positive change in governance. In furtherance of that, he inaugurated a team of economic advisers comprising some of the best brains in the State and indeed the country to turn the state’s economy around. Among other things, the council was charged to monitor the micro and macro indices of economic growth and ensure that new investors were attracted and old investments made profitable.
The Amaechi administration also initiated certain critical bills on fiscal responsibility for economic revolution in the state, and introduced new approach to debt recovery. For instance, the state Board of Internal Revenue (BIR) operations became automated and digitalised. With that breakthrough tax payers could log on to BIR’s website, conduct self-assessment and pay on-line, thereby eliminating any form of human interface in tax collection. Added to this was a twin approach, whereby government encouraged tax officials to embark on intensive revenue drive from house to house which helped to cover the entire nook and cranny of the state.
However, commendable as these approaches may appear, The Tide believes that there are still grey areas that must be addressed as far as state government’s revenue drive is concerned. Proper monitoring, supervision and regular check on familiar human frailties would be necessary to not only sustain the tempo, but also strive towards meeting the N156billion monthly target.
This is because, there are still some individuals in the state who operate businesses without remitting taxes to government. Some of them convert residential houses to business centres, thus, shielding their operations with high fences.
The state Board of Internal Revenue should identify such chronic tax defaulters. This is because it is only when all the loopholes are blocked, that the state Internally Generated Revenue can hit the ultimate target of N15 billion monthly.
Editorial
2027: Beyond IGP’s Billboards Protection Order
As Nigeria moves toward the 2027 general elections and campaign activities intensify, violence against opposition politicians has become an issue that can no longer be overlooked. What should be a season of competing ideas is increasingly turning into a test of intimidation, and early signs suggest that those challenging the ruling establishment are the primary targets.
It was, therefore, welcome news when the Inspector-General of Police, Olatunji Disu, warned politicians, political thugs and others against destroying, defacing or removing campaign posters, banners and billboards. In a statement issued in Abuja by the Force Public Relations Officer, CSP Ani Iniedu, the police condemned such acts as political intolerance, directed Commissioners of Police in all 36 States and the Federal Capital Territory to take preventive measures, and warned that sponsors would also face prosecution. The police rightly described such vandalism as a criminal act that undermines parties’ and candidates’ freedom to canvass for votes.
But billboards are replaceable; human lives are not. While applauding the IGP’s stance, we urge him to extend the same stern warning and enforcement zeal to thugs who assault opposition members during campaigns. A police force that punishes the tearing of a poster but ignores the breaking of a skull will have its priorities questioned. Allowing such attacks to continue could erode the foundations of our democracy.
Consider the African Democratic Congress (ADC) presidential campaign flag-off in Sokoto State on November 4, 2026. The party alleged that the State Government denied it access to public facilities, sealed its campaign venue and pressured hotels to reject its delegates, forcing it to hold the rally at its secretariat. The Sokoto authorities, however, denied instructing hotels to turn guests away. More seriously, two suspected ADC supporters were reportedly shot along the Sokoto–Wurno Road while travelling to the venue, allegedly by operatives of the Sokoto State Community Guards.
Whatever the truth of these competing accounts, a shooting demands more than press statements. It requires a transparent, independent investigation and prosecution where warranted. Sokoto was not an isolated incident. The following day in Birnin Kebbi, the ADC presidential campaign convoy was reportedly attacked by armed gangs. Amnesty International said vehicles were vandalised, people assaulted with cutlasses and roads blocked, while the party’s Kebbi governorship candidate, Abubakar Malami, alleged that media equipment was destroyed and tear gas deployed. His convoy had suffered a similar attack in the city in September 2025.
The Nigeria Democratic Congress (NDC) has suffered similar attacks. On November 4, hoodlums stoned the motorcade of its presidential candidate, Peter Obi, and running mate, Rabiu Musa Kwankwaso, at Watt Market roundabout in Calabar, Cross River State. Police reported arresting a 27-year-old suspect, Victor Edet, although it remains unclear whether he has been arraigned. The State Government has denied suggestions that ruling-party supporters were responsible. Worse, in Asaba, Delta State, one person was killed and five injured when suspected thugs attacked an NDC rally. A death at a political rally is no longer a warning; it is a damning indictment of the prevailing political climate.
Even critics of the establishment who are not frontrunners have not been spared. Omoyele Sowore, presidential candidate of the African Action Congress (AAC), was attacked by suspected thugs at a restaurant in Ado-Ekiti on October 30. He alleged that the assailants were linked to the Ekiti State Government House and that the Department of State Services leaked his location. Both the State Government and the security service denied involvement, while the police reported a minor injury and a discreet investigation. These conflicting accounts make an independent, publicly reported inquiry indispensable.
What deepens the concern is the Federal Government’s apparent silence. We are unaware of any specific, forceful condemnation of these assaults, even as All Progressives Congress (APC) rallies appear to proceed nationwide without incident. Such silence can easily be misconstrued as complicity, regardless of intent.
According to the Centre for Democracy and Development, 109 election-related deaths were recorded in the build-up to the 2023 polls. The Kimpact Development Initiative separately documented 238 incidents and 24 deaths during the general elections. Beyond Nigeria, Kenya’s 2007–08 post-election violence claimed more than 1,000 lives, according to the Waki Commission. Ghana, by contrast, enacted the Vigilantism and Related Offences Act in 2019 to curb party vigilante groups, a model worth studying.
The remedies are neither exotic nor expensive. The IGP should extend his directive to cover assaults on individuals and disruptions of rallies, while establishing a dedicated investigative unit to probe the Sokoto shooting and the attacks in Kebbi, Calabar, Asaba and Ado-Ekiti. It should publish the status of each case within a fixed period. Suspects must be prosecuted and their sponsors, regardless of party or position, brought to justice. State-backed security outfits, including the Community Guards, should be audited and barred from partisan duties.
The Federal Government must speak and act unequivocally. President Tinubu should specifically condemn attacks on opposition candidates and direct all security agencies to guarantee equal protection for every party. Governors must ensure equal access to public facilities for registered parties. The Independent National Electoral Commission (INEC), which has warned of fines and imprisonment under the Electoral Act 2026 for inflammatory campaign conduct, should enforce the Code of Conduct for Political Parties. Working with the Inter-Agency Consultative Committee on Election Security, it should publish a joint security plan covering campaigns, polling, and collation. Parties must discipline their supporters, courts expedite electoral-violence trials, and civil society and the media maintain a public record of incidents and their outcomes.
The credibility of the 2027 elections is at stake. An election is credible only when every contender can campaign, travel, assemble and speak freely, without fear. Without a free opposition, there can be no meaningful democracy. Nigeria is not a one-party State, and law enforcement agencies must demonstrate their neutrality through action, not communiqués. The campaign atmosphere is too tense to be left to chance. Billboards deserve protection, certainly, but citizens deserve it far more.
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