Politics
Speaker, Members Differ On Investment Bill
The Speaker of the Rivers
State House of Assembly, Rt. Hon. Otelemaba Dan Amachree has committed the Garden City Private Equity Investment Bill into committee stage, even as lawmakers kicked that the bill should be step down due to duplication with other agencies.
The bill which was in its second reading was kicked against by majority members of the House with the view that Rivers State Micro Finance and Investment Corporation and Ministry of Finance and Corporations are saddled with the same work and responsibilities to create wealth and enhance the financial capacity of the state.
During the deliberation on the bill, Wednesday, members kicked against the establishment of a new agency, saying the state should use the existing agencies to invest and create wealth for the state.
Hon Chioma Golden Ngozi representing Etche Constituency II who said the bill appeared to be good and intended to create job and wealth for the people of the state, however, noted that the state can do without it since there are other agencies saddled with such responsibilities.
The lawmaker said, even though the bill was also intended to create equity in the investment of the state, the Ministry of Finance can do much more by creating wealth and also make judicious use of the funds appropriated to the ministry.
He disclosed that during the screening of members of the Board of the State Internal Revenue Service, it was found that the state had various investments in some companies operating in the state, regretting that the state had refused to utilize that opportunity adequately.
He appealed to the executive arm of government to use the existing agencies for the investment instead of establishing a fresh one, saying a new agency would amount to duplication and as well increase the wage bill of the state government.
He also urged the executive to use other investments agencies in the state like the Rivers State Sustainable Development Agency (RSSDA) to create wealth and empowerment for the state.
Other members who opposed the bill include Hon Anabraba Fredrick (Akuku-Toru 11), Hon Legborsi Nwidadah (Khana 1), Hon Victoria Nyeche (Port Harcourt 1), Hon Ibiso Wuche (Ahoada East II), Hon Miller Andrew Anderson (Opobo/Nkoro) and Hon Gift Wokacha (ONELGA).
But the Deputy Speaker, Hon Leyii Kwanee, representing Khana II reminded the House on rule 46, which stated that all bills shall receive third reading.
The Speaker, Rt Hon Amachree, however, referred members to House rule 45, section 5 and committed the bill to a committee stage for a public hearing. The Speaker set up an adhoc committee headed by Hon Horsfall Godstime Ben, representing Asaru Toru II, while Hon Okechukwu Akara Nwogu (Oyigbo), Hon. Lucky Odili (ONELGA II) and Hon Chigbo Sam Eliwe serve as members.
The committee is expected to conduct public hearing on the bill and report back to the House within one week.
Politics
Rivers Political Crisis: PANDEF Urges Restraint, Mutual Forbearance
Accordingg to the statement, the Board and National Executive Committee of PANDEF, noted with very grave concern the recent spate of political developments in Rivers State.
“Regrettably, these developments have now degenerated into the decision of the Rivers State House of Assembly to commence impeachment proceedings against the governor and deputy governor.
“This is a deeply disturbing situation that demands urgent attention in order to forestall further escalation and breakdown of law and order.
“This concern is heightened by the critical importance and strategic centrality of Rivers to the Niger Delta region and to the broader socio-political stability and economic wellbeing of Nigeria as a whole”, the statement said.
The Forum called on all parties involved in the resurgent political imbroglio to sheathe their swords and embrace peace.
“This should be guided by the principles of give-and-take, dialogue, tolerance, and political equanimity.
“All stakeholders must place paramount importance on peace, development and the welfare of the people of Rivers.
“We must now focus squarely on good governance and development of the state,” the Forum said.
PANDEF commended President Bola Tinubu, the leadership of the All Progressives Congress (APC), respected elders of Rivers State, and other well-meaning Nigerians for their previous and ongoing efforts aimed at restoring peace and stability in the state.
Politics
Wike’s LGAs Tour Violates Electoral Laws — Sara-Igbe
Speaking in an interview on Saturday, January 10, Chief Sara-Igbe alleged that the minister had flouted regulations governing the commencement of electioneering campaigns by moving from one local government area to another to galvanise political support.
According to him, the action amounted to a clear breach of electoral guidelines being carried out with a troubling sense of impunity that could undermine the rule of law.
“Wike has violated the electoral laws of campaigning by going from local government to local government to talk to the people. He travelled from one local government to another. As a result of his visits to local government areas, he has broken election regulations and continues to do all these things without fear of repercussions”, Chief Sara-Igbe said.
The remarks came as Chief Wike was set to round off a state-wide “thank-you” tour that covered all 23 local government areas of Rivers State.
Although the minister had described the tour as an appreciation visit following support for President Bola Tinubu in the 2023 general elections, critics say the engagements have assumed an overtly political character.
Observers note that during several stops, including recent visits to Andoni and Bonny local government areas, the minister rallied supporters across party lines under what he termed a “Rainbow Coalition,” a move widely interpreted as part of a broader political strategy.
During these engagements, Chief Wike was also reported to have made remarks perceived as a veiled challenge to the authority of Governor Siminalayi Fubara, while repeatedly referencing the 2027 elections and urging supporters to prepare to “correct the mistake” of 2023.
Chief Sara-Igbe warned that allowing such activities to continue unchecked could erode public confidence in Nigeria’s electoral process and called on relevant authorities to enforce existing laws without fear or favour.
Politics
EFCC Alleges Blackmail Plot By Opposition Politicians
The Commission, in a statement on Wednesday, claimed that there were plans by the same group to escalate a smear campaign against its Chairman, Ola Olukoyede, to frustrate ongoing investigations and prosecutions involving prominent individuals.
The statement endorsed by the agency’s spokesman, Mr Dele Oyewale, claimed that the action was intended to distract the Commission through unfounded allegations of political bias in the discharge of its duties.
The EFCC warned that it would not stand by and watch “those recruited into this ignoble enterprise” or allow any attempt to derail it from “the patriotic task of improving public accountability in Nigeria.”
The Commission made it clear that those recruited into this venture were under close watch, adding that it would not tolerate any attempt to distract it from the patriotic task of improving public accountability in Nigeria.
“The EFCC reiterates its non-political stance in all its activities. Facts on the ground clearly show that any political actor belonging to the ruling party or opposition party, with corruption baggage, has no hiding place from the operational radar and dynamics of the Commission.
“As a matter of fact, several strong members of the ruling and opposition parties are either facing trial before the courts or being investigated by the Commission.
“It is needful that Nigerians appreciate the fact that the Commission is keeping faith with its Establishment Act in all its operations.
“Therefore, the Commission reiterates its commitment to justice, without fear or favour, in the fulfilment of its mandate,” the statement pointed out.
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