Niger Delta
Speaker Wants FG To Disclose Looted Funds
The Speaker, Akwa Ibom
House of Assembly, Mr Onofiok Luke, has advocated public declaration of funds recovered from looters of the treasury in the ongoing anti-corruption war.
Luke made the call in a speech he delivered at the 3rd Annual Public Lecture in commemoration of the birthday of Bishop Emmah Isong, the General Overseer of Christian Central Chapel International in Calabar.
Speaking on the topic:”Nigeria’s Anti-Corruption War and Economic Recovery: The Connect”, he said the war was now the responsibility of all Nigerians irrespective of political, tribal or religious affiliations.
He further stressed the need for the relevant anti-corruption agencies to do due diligence in the campaign.
“The anti-corruption war has gone beyond the government. It is now a collective battle that involves all of us in words, attitude and deeds.
“And because it is a battle which involves all of us, it must not be fought with barrels of the gun. It must not be fought with incarceration of political opponents and flagrant disregard and disrespect to the rule of law.
“Rather, it must be fought with laid down intellectual strategies that aid economic recovery. Again, it must be fought in an inclusive manner with citizens as actors and not onlookers.
“Proceeds from the war must be disclosed and made public as well as returned to the national purse.’’
He urged the Federal Government to create the enabling environment for international organizations, including the World Bank, African Development Bank and Transparency International to take active part in the fight.
He condemned the current media trial of alleged corrupt people, saying that it scares foreign investors from the country and impacts negatively on the foreign investment inflow into the country.
“There should be less of media trial of alleged corrupt individuals in the country. It scares away investors.
“Anybody found guilty of corruption should be made to face the law court.”
The speaker also spoke on the recent arrest of some high profile judges by the Department of State Security (DSS), describing the action as inimical to the rule of law.
“I am against corruption in all ramifications but I disagree with the mode of the arrest of the judges, ‘’ he said.
He described President Muhammadu Buhari as a man of integrity with the desire to fight corruption, but added that some politicians were hiding under the President’s integrity to evade corruption allegations.
Also speaking, the Speaker, Cross River House of Assembly, Mr John Lebo, described corruption as a monster that should be fought at all cost.
Isong, the celebrator, said that he carefully selected the topic as part of his contribution to the ongoing anti-corruption war.
News
China Alerts Rivers, A’Ibom, Abia Govs To Economic Triangle
The Mayor of Housing, My-ACE China, has alerted the Governor of Rivers, Akwa Ibom, and Abia states to what he calls an emerging ‘Economic Triangle’ within their states.
Mr China, a real estate success strategist who has won numerous local and international awards, has thus drawn the attention of the governors of the concerned states to the emerging development and has urged them to intentionally accelerate the emergence of the economic triangle.
Speaking to newsmen in Uyo, Akwa Ibom State capital at the conclusion of his business trip to the state, Mr China, who is the managing director of the Housing and Construction Mayor Limited, said the envisaged economic corridor would compete favourably with the Lagos economic hub or even better.
He said: “Talking about ‘Economic Triangle’, the only place that can wrest economic power from Lagos is Akwa Ibom, Abia, and Rivers states axis or corridor. This corridor contains more than Lagos has, if they can be interconnected with smooth roads, ports, and if their blue potentials are unlocked. They will not only wrest power from Lagos but would be more lucrative.”
The investor who is behind the emerging Alesa Highlands Green Smart City in Eleme, near Port Harcourt, said the new ‘Economic Triangle’ has a bigger potential due to massive land assets with the corridor plus blue economy and the existing hydrocarbon industry.
Explaining, Mayor of Housing said Aba (Abia State) provides the biggest fabrication capacity in West Africa to supply goods to the Gulf of Guinea; Port Harcourt provides access to the Gulf of Guinea for off-taking Aba products, and the Uyo provides deep sea port at Ibaka and international airport facilities as well as forest reserves for massive agro-economy.
He said with sea ports in Rivers State and deep seaport in Akwa Ibom, and international airports in Rivers and Akwa Ibom, Aba can focus on adequate power supply and fabrication boom to supply a new booming market around the economic triangle.
By doing this, he said, jobs would spill out in huge quantities and more manufacturers would be drawn from all over Africa to boost the fast coming African Continental Free Trade Agreement (AfCFTA). He said Nigeria would thus have two major trade nodes in West Africa; Lagos and the PH/UYO/Aba triangle.
He said goods going to or coming from Chad, Niger, and the rest of Central Africa can head to the Lagos ports or to the Ibaka/PH ports zone in the new economic triangle.
He said with power supply made stable, good roads, excellent security system, and ease of doing business enthroned in the zone, the South-South and South East would become the biggest economic nerve in the near future.
Mayor of Housing called on governors of the three states to be intentional about the new corridor, put away political differences (if any), and create this corridor by agreeing on projects each state would execute with a short period of time so the states would be linked by good roads, communication, security, trade laws, concessions to investors, etc.
He remarked that northerners were already heading to the Onne Port in Rivers State to export goods, saying creating a commission to oversee the development of the ‘Economic Triangle’ would fast-track its emergence.
He observed that people of the three states are peaceful and usually preoccupied with zeal for economic prosperity, saying that if they are linked to such huge opportunities staring at them in the emerging economic triangle, they would totally shun violence and focus on prosperity.
Mr China insisted that the emerging economic triangle would form a big node not only into the Gulf of Guinea economic zone but into Africa because AfCFTA is about production, certification, market availability, and easy transport nodes by sea and air. He said the new economic triangle boasts of all the factors.
“They can only realise this by working together, through collaboration. One state cannot do it but a triangle of the three will create it through seamless interconnection, ports, industrial park, etc. The people will be the richest and internally generated revenue (IGR) will be the biggest in the country,” he said.
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