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‘Unity Can Surmount Economic Recession’

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The Rivers State Governor, Chief Nyesom Wike, has underscored the need for Nigerians to work together in a common front to overcome the current economic recession.
He gave the charge during a special honour and award ceremony for distinguished Knights of St John by the Port Harcourt Commandery of the Catholic Church in Port Harcourt, the Rivers State capital.
Wike said, at this point in the nation’s history, unity was necessary to leap frog the country out of economic stagnation.
He said: “I am not an economist, but I know that if we present a united front, we will surmount our economic challenges”.
The governor also dismissed the negative reports about the security situation in Rivers State being orchestrated by entrenched political interests to create the wrong impression about the state.
The governor explained that the mass insecurity that has taken over almost all the states require collective attention, instead of the recourse to propaganda to vilify states like Rivers, for political reasons.
According to him, “I am happy that this programme has attracted Catholics from several states of the federation. As you can see, Rivers State is safe for people to live and do business. All the stories you read are merely planted for political reasons.
“Today in Nigeria, kidnapping has become the order of the day. From Lagos to Kogi, from Imo to Kaduna, from Ogun to Borno, there are different degrees of kidnapping and crime. In fact, in the case of one state, the Nigerian Air Force was deployed to bomb kidnappers. Today, the same Nigerian Air Force is involved in air surveillance on the Abuja-Kaduna expressway because of kidnappings.
“However, when two persons are kidnapped in Rivers State, it makes the front page. But if five persons are kidnapped in Lagos, the press hides it from the public. We are happy that more people now disregard the propaganda, and are trooping to Rivers State for the purpose of investment, conferences, religious and social events”, he said.
On the honour bestowed on different Knights, including Justice Mary Odili of the Supreme Court, the governor described it as an honour well deserved, and a call to greater service to the nation.
Rivers State Police Commissioner, Mr Francis Odesanya, was also among the honourees.
In his remarks, former Attorney-General of the Federation, Chief Kanu Agabi (SAN), commended the Knights of Saint John International, Port Harcourt Grand Commandery for doing the right thing by recognizing a woman of substance who grew through the ranks to contribute her quota to the development of Nigeria.
On his part, Chairman of the occasion, Justice Paul Onumajulu, said the honour bestowed on the honourees was a call for greater service to humanity.
Prominent among those who witnessed the event include, the former Rivers State Governor, Dr Peter Odili, former ministers, senior Knights from different states and members of the Rivers State Executive Council.
Meanwhile, the Senate President, Dr Bukola Saraki, yesterday, assured Nigerians that the present economy recession rocking the country will soon be tackled through legislative support.
Saraki, gave the assurance in Ilorin, the Kwara State capital, during an interaction with newsmen, while also affirming that Nigerians were really suffering.
According to him, the major preoccupation of the Senate upon resumption in September 20, will be on finding solutions to the economic recession.
“We are going to have an exhaustive and comprehensive debate on fixing the country’s economy when we resume next week.
“Already, all the economic priority bills are being analysed and collated so that we can hit the ground running when we resume. We understand the pains that Nigerians are going through and we do not take this for granted.
“Additionally, the Senate intends to invite everybody involved in the management of the economy to address the Nigerian people through the parliament on the steps that are being taken to get us out of this mess,” he said.
He said, “We fully intend to hold all those involved in the economic management of the country accountable.
“However, we will do so in a manner that is transparent and beneficial to the country as a whole”.
The Senate President said it was equally important to begin to formulate and actualise both legislative frameworks and executive policies to minimise the effects of the recession on Nigerians.
He added that it was also important for the parliament to start asking questions that will lead to plausible solutions.
“We need to ascertain our actual level of borrowing and what effect the devaluation of the naira has had on our economy.
“In every crisis, there is always an opportunity for positive reforms, in this regard, in order to solve this crisis, all hands must be on deck.
“Ideas should be sourced from all quarters, all arms of government, people of different political beliefs, from all socio-economic backgrounds and every part of Nigeria must work together at this time,” Saraki said.
He reiterated his call for a broader and bolder economic plan with input from both legislative and executive arms of government, the private sector and professional groups.
All the groups, according to him, must work together to put in place interventions that will create more jobs, strengthen the naira, bring more investment into the country, and attain fiscal responsibility.
Saraki harped on the need for Nigeria to rally its best economic minds both from within the country and in the Diaspora in order to tackle the economic recession.
“This recession does not identify with any one party, we need to tap into the expertise of our best economic minds to come up with plans that both the executive and the legislature can evaluate and implement”, he said.

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Fubara Dissolves Rivers Executive Council

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Rivers State Governor, Sir Siminialayi Fubara, has dissolved the State Executive Council.

The governor announced the cabinet dissolution yesterday in a statement titled ‘Government Special Announcement’, signed by his new Chief Press Secretary, Onwuka Nzeshi.

Governor Fubara directed all Commissioners and Special Advisers to hand over to the Permanent Secretaries or the most Senior officers in their Ministries with immediate effect.

He thanked the outgoing members of the State Executive Council for their service and wished them the best in their future endeavours.

The three-paragraph special announcement read, “His Excellency, Sir Siminalayi Fubara, GSSRS, Governor of Rivers State, has dissolved the State Executive Council.

“His Excellency, the Governor, has therefore directed all Commissioners and Special Advisers to hand over to the Permanent Secretaries or  the most Senior officers in their Ministries with immediate effect.

“His Excellency further expresses his deepest appreciation to the outgoing members of the Executive Council wishing them the best in their future endeavours.”

 

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INEC Proposes N873.78bn For 2027 Elections, N171bn For 2026 Operations

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The Independent National Electoral Commission (INEC) yesterday told the National Assembly that it requires N873.78bn to conduct the 2027 general elections, even as it seeks N171bn to fund its operations in the 2026 fiscal year.

INEC Chairman, Prof Joash Amupitan, made the disclosure while presenting the commission’s 2026 budget proposal and the projected cost for the 2027 general elections before the National Assembly Joint Committee on Electoral Matters in Abuja.

According to Amupitan, the N873.78bn election budget covers the full conduct of national polls in 2027.

An additional N171bn is needed to support INEC’s routine activities in 2026, including bye-elections and off-season elections, the commission stated.

The INEC boss said the proposed election budget does not include a fresh request from the National Youth Service Corps seeking increased allowances for corps members engaged as ad-hoc staff during elections.

He explained that, although the details of specific line items were not exhaustively presented, the almost N1tn election budget is structured across five major components.

“N379.75bn is for operational costs, N92.32bn for administrative costs, N209.21bn for technological costs, N154.91bn for election capital costs and N42.61bn for miscellaneous expenses,” Amupitan said.

The INEC chief noted that the budget was prepared “in line with Section 3(3) of the Electoral Act 2022, which mandates the Commission to prepare its election budget at least one year before the general election.”

On the 2026 fiscal year, Amupitan disclosed that the Ministry of Finance provided an envelope of N140bn, stressing, however, that “INEC is proposing a total expenditure of N171bn.”

The breakdown includes N109bn for personnel costs, N18.7bn for overheads, N42.63bn for election-related activities and N1.4bn for capital expenditure.

He argued that the envelope budgeting system is not suitable for the Commission’s operations, noting that INEC’s activities often require urgent and flexible funding.

Amupitan also identified the lack of a dedicated communications network as a major operational challenge, adding that if the commission develops its own network infrastructure, Nigerians would be in a better position to hold it accountable for any technical glitches.

Speaking at the session, Senator Adams Oshiomhole (APC, Edo North) said external agencies should not dictate the budgeting framework for INEC, given the unique and sensitive nature of its mandate.

He advocated that the envelope budgeting model should be set aside.

He urged the National Assembly to work with INEC’s financial proposal to avoid future instances of possible underfunding.

In the same vein, a member of the House of Representatives from Edo State, Billy Osawaru, called for INEC’s budget to be placed on first-line charge as provided in the Constitution, with funds released in full and on time to enable the Commission to plan early enough for the 2027 general election.

The Joint Committee approved a motion recommending the one-time release of the Commission’s annual budget.

The committee also said it would consider the NYSC’s request for about N32bn to increase allowances for corps members to N125,000 each when engaged for election duties.

The Chairman of the Senate Committee on INEC, Senator Simon Along, assured that the National Assembly would work closely with the Commission to ensure it receives the necessary support for the successful conduct of the 2027 general elections.

Similarly, the Chairman of the House Committee on Electoral Matters, Bayo Balogun, also pledged legislative support, warning INEC to be careful about promises it might be unable to keep.

He recalled that during the 2023 general election, INEC made strong assurances about uploading results to the INEC Result Viewing portal, creating the impression that results could be monitored in real time.

“iREV was not even in the Electoral Act; it was only in INEC regulations. So, be careful how you make promises,” Balogun warned.

The N873.78bn proposed by INEC for next year’s general election is a significant increase from the N313.4bn released to the Commission by the Federal Government for the conduct of the 2023 general election.

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Tinubu Mourns Literary Icon, Biodun Jeyifo

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President Bola Tinubu yesterday expressed grief over the death of a former President of the Academic Staff Union of Universities and one of Africa’s foremost literary scholars, Professor Emeritus Biodun Jeyifo.

Jeyifo passed away on Wednesday, drawing tributes from across Nigeria and the global academic community.

In a condolence message to the family, friends, and associates of the late scholar, Tinubu in a statement by his spokesperson, Bayo Onanuga,  described Jeyifo as a towering intellectual whose contributions to African literature, postcolonial studies, and cultural theory left an enduring legacy.

He noted that the late professor would be sorely missed for his incisive criticism and masterful interpretations of the works of Nobel laureate, Professor Wole Soyinka.

The President also recalled Jeyifo’s leadership of ASUU, praising the temperance, foresight, and wisdom he brought to the union over the years.

Tinubu said Jeyifo played a key role in shaping negotiation frameworks with the government aimed at improving working conditions for university staff and enhancing the learning environment in Nigerian universities.

According to the President, Professor Jeyifo’s longstanding advocacy for academic freedom and social justice will continue to inspire generations.

He added that the late scholar’s influence extended beyond academia into political and cultural journalism, where he served as a mentor to numerous scholars, writers, and activists.

Tinubu condoled with ASUU, the Nigerian Academy of Letters, the Wole Soyinka Centre for Investigative Journalism, the University of Ibadan, Obafemi Awolowo University, Oberlin University, Cornell University, and Harvard University—institutions where Jeyifo studied, taught, or made significant scholarly contributions.

“Nigeria and the global academic community have lost a towering figure and outstanding global citizen,” the President said.

“Professor Biodun Jeyifo was an intellectual giant who dedicated his entire life to knowledge production and the promotion of human dignity. I share a strong personal relationship with him. His contributions to literary and cultural advancement and to society at large will be missed.”

Jeyifo was widely regarded as one of Africa’s most influential literary critics and public intellectuals. Among several honours, he received the prestigious W.E.B. Du Bois Medal in 2019.

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