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FG Dismisses Report On Importation Of ‘Poisonous’ Rice

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The Federal Government on Wednesday in Abuja dismissed social media reports linking it and Dangote group with a plan to ‘flood’ the country with Genetically Modified rice (GMO) as extremely uncharitable.
This is contained in a statement issued by the Special Adviser on Media and Publicity to the President, Mr Femi Adesina.
Adesina described the report as the hand work of unscrupulous individuals who were bent on tarnishing the good image of the government.
He, however, confirmed that the Federal government had in 2014 signed a one billion dollars Memorandum of Understanding, (MoU) for investment in integrated rice project with Dangote Industries Ltd.
“Further to this agreement, Dangote Industries Limited, this year cultivated over 8,000 hectares in Hadejia, Jigawa State, creating over 10,000 direct and indirect jobs for farmers who are the major beneficiaries of the scheme.’’
According to him, the Buhari-led administration is also in partnership with the African Development Bank (AfDB) and other reputable companies to tap into the vast potential in the private sector.
This was aimed at broadening the economic base of the country.
“The gains of the diversification drive especially in the agriculture sector are already yielding dividends as shown by the recent statistics in the sector published by the National Bureau of Statistics.
“These engagements will continue until the present administration has laid a solid foundation for the economic development of the nation.
“It is therefore ridiculous that a government that is wholly devoted to the generation of employment for Nigerians, especially through agriculture will turn around to get involved in an activity that will reverse the gains of the same partnership,’’ he said.
He noted that President Buhari had said it repeatedly “we have the capacity to feed ourselves in Nigeria and even export from what we produce in the country.’’
“He has also said that through the provision of N200 billion by the CBN for small holder farmers and processors involved in local production of rice and other grains, rice importation will hopefully stop in the next three years.
“While the Buhari administration is working assiduously with well-meaning Nigerians to bring the country out of the current economic situation it has found itself, a few self-serving individuals are bent on distracting the administration from the avowed focus to reflate the fortunes of the country through the diversification of the economy which, very soon, Nigerians will begin to see and experience the results.’’
The Presidential aide warned purveyors of such malicious information and those thinking of embarking on the same route to have a rethink and retrace their steps.

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FG Approves 4 New Channel Management Firms For Seaports

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The Federal Executive Council (FEC) has approved four new channel management companies for seaports across the country in a move aimed at improving vessel navigation and port operations.
Speaking at the recently concluded Annual General Meeting of the Nigerian Association of Master Mariners (NAMM), former General Manager, Marine and Operations, Capt. Ebubeogu Ihenacho, disclosed that there would be changes in the ownership of the Lagos Channel Management Company Limited and the Bonny Channel Management Company.
According to Ihenacho, the four channels serving Nigeria’s major port clusters will have different channel management companies as approved by the FEC.
He said a new company had been approved to manage the Lagos port channel, with a change of name, while the Calabar Channel would be managed by the Calabar Channel Management Company.
He added that Bonny Channel Management Company had also undergone a change of ownership.
On the Warri Channel, Ihenacho said the Federal Government had approved China Harbour Engineering Company (CHEC) and two other companies to form a consortium to manage the Escravos Channel.
He said: “For Warri, it was approved for China Harbour Engineering Company, CHEC, and two other companies, who would now form a consortium.
That consortium will now form a Special Purpose Vehicle (SPV) with the Nigerian Ports Authority to manage the Escravos Channel.”
Recall that the management of the NPA had declined to renew the concessions of the Lagos Channel Management Company Limited and the Bonny Channel Management Company, opting instead for six-month extensions of the existing arrangements.
By; Enoch Epelle
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RIRS Warns Against Unauthorised Tax Collection

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The Rivers State Internal Revenue Service (RIRS) has warned motorists, transport operators and business owners against paying taxes, levies or charges to Unauthorised persons and organisations, insisting that only the Service and its duly appointed agents are legally empowered to collect taxes on behalf of the state government.
The Service gave the warning in a public notice dated October 21, 2026, signed by its Executive Chairman, Sir Israel O. Egbunefu, FCTI, in which it clarified that the Rivers State Ministry of Transport was not authorised by the state government to collect road tax or any other tax, levy or charge from motorists and transport operators.
RIRS also specifically disowned Explore Strategic Alliance Ltd, located at No. 7 Rumuodaolu Market Road, Port Harcourt, declaring the company had not been appointed or authorised by either the state government or the Service to collect Motor Vehicle Transport (MOT) tickets or any other tax on its behalf.
The revenue agency consequently cautioned members of the public against making payments to the company or any of its staff, stressing that anyone who ignored the warning would do so at their own risk.
It reaffirmed that only the legally authorised agency responsible for tax collection in Rivers State and the appointed agents that would carry out such duties in accordance with the law.
The Service urged taxpayers to demand official identification from anyone claiming to be its tax agent and verify the person’s credentials directly with RIRS before making payments.
It further warned that individuals or groups found impersonating tax consultants, agents or their representatives to collect Unauthorised taxes would be arrested and prosecuted in accordance with the law.
RIRS also called on members of the public to report suspicious persons and activities relating to Unauthorised tax collection to the Service for appropriate action.
The agency advised taxpayers seeking clarification or assistance to visit any of its offices or contact it through its official email address, info@riversbirs.gov.ng.
The Service reiterated its commitment to protecting taxpayers, promoting voluntary compliance and safeguarding the integrity of tax administration in Rivers State.
By: King Onunwor
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Bayelsa consumers Groan  Over Inflation As Traders Remain Helpless Over Low Patronage 

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Consumers and traders at the Swali ultramodern market in Yenagoa, capital of Bayelsa State have continued to groan over high prices of commodities and poor Patronage due to cost-push inflation.
The Tide reports that in the past weeks prices of goods and services in Yenagoa metropolis has experienced increase.
Notable services like transportation have also increased  lately due to increase in the pump price of fuel that has recently further exacerbated inflation in the prices of staple foods like rice, beans, garri and others.
Speaking with The Tide on a market survey, a trader, Mrs Tovie Barakabo said a bag of bean which sold between N120,000-N130, 000 now goes for N140,000-N145,000.
Mrs Barakabo also hinted that the only commodities whose price has not gone up was price of millet which sells N60,000, while big bag of garri now sells for N30,000.
The Tide further gathered from other inside Source that 25 litres of Kings cooking oil currently sells N75,000 as against the former price of N57,000.
Other commodities such as delicious vegetable oil  now goes for N68,000, Pure vegetable oil currently goes for N66, 000, while spaghetti is now N18,800 per bag.
The market survey also discovered that Sonnia tomato mix sells N75,609, while a big and small basket of fresh tomatoes are sold for N30,000 and N6,500 respectively.
A disappointed custom, Mrs Juliet Domo who fielded questions from The Tide expressed her worries over the inflation, calling on government to take decisive stands against inflation.
By: Ariwera Ibibo-Howells, Yenagoa
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