News
‘Bad Policies To Blame For State Of Rivers Ports’
Broad consensus of stakeholders has once again re-echoed that present dilemma experienced in the Nigerian Ports Authority (NPA) and other ports in Rivers State has been as a result of deliberate stifling policies targeted to kill ports in the region.
They insisted that there have also been calculated efforts by economic enemies of the state to kill the port system in the region.
National Association of Chamber of Commerce, Industry, Mines and Agriculture (NACCIMA), Rivers State Governor, Chief Nyesom Wike, Port Harcourt Chamber of Commerce, Industry, Mines and Agriculture (PHCCIMA), and other critical stakeholders of the maritime and organized private sector, corroborated this at the 4th Quarter Council Meeting of the Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA) hosted by the Port Harcourt Chamber of Commerce at Hotel Presidential, Port Harcourt.
Speaking at the banquet dinner, the Executive Governor of Rivers State, Chief Nyesom Wike, who was represented by his Deputy, Dr Ipalibo Harry Banigo, expressed shock that the ports in the state are unfairly singled out for astronomical charges, which according to him, has been instrumental to the scaring away of potential importers and exporters from the state, while other ports outside the region are fairly benchmarked in rates.
The governor said, “We are happy that the likes of Port Harcourt Chamber of Commerce and NACCIMA are seriously engaged in advocacy to ensure that a change is effected. I want to assure you that the Rivers State Government is committed to partnering with you to achieve this objective. We also promised to exploit the potentials of the ports in reviving the state economy”.
President of Port Harcourt Chamber of Commerce, Dr Emi Membere Otaji, in his remarks, underscored the economic importance of resuscitating the sea ports in Rivers State.
According to him, “we must make Port Harcourt ports work so that everything will not gravitate to Lagos. PHCCIMA has been interfacing with key stakeholders and we will strive further to ensure our first love shipping is reinvented as envisioned by our finding fathers.”
NACCIMA President, Chief Bassey E.O Edem, expressed gratitude to the Rivers State Government for delivering its promise to provide a permanent trade fair site for the city chamber, and lauded the government for creating an enabling environment for the organized private sector to thrive.
He said reviving Port Harcourt ports has become necessary as it will help stimulate the state’s economy and create strings of multiple employment opportunities, just as he also promised to help in the advocacy.
Speaking on the essence of the meeting, he said it was an avenue to review the economic situation of the country with a view to proffering lasting solutions that will position the country in good direction, and thanked PHCCIMA for being a wonderful host.
The NACCIMA 4th quarter council meeting banquet dinner event also witnessed a lecture by, Prof. Bamidele Badejo, a one-time commissioner for transport in Lagos State on the Topic: ‘Re-inventing Port Harcourt as a Port City’, where he regretted the abundant but wasting assets in the country.
News
Independence Anniversary: Nigeria Is A Failed Grandfather – Monarch
A first class traditional ruler in Rivers State, His Royal Majesty, King Aaron Ikuru, has described Nigeria at 65 as a grandfather who cannot provide leadership to other African Countries.
The monarch stated this in an interview at his palace in Ikuru Town, yesterday.
According to him, Nigeria would have been a developed country to set the pace in the whole of Africa, considering its numerous resources.
“Nigeria is a grandfather but not behaving as a grandfather. Our country, Nigeria, before and from the era of Independence was in the state of becoming a great country, but unfortunately is not becoming anything.
“We should be far ahead with what we have in the country. God blessed us, we have almost what it takes in terms of mineral resources, manpower amongst others that can drive speedy development in the country.
“If we’re able to harness all the things we have, even America by now would have respected us”, he said.
While blaming the past leaders of the country, the monarch called on the current leadership of the country to redouble efforts in order to narrow the differences in terms of development, exchange rate between naira and foreign currencies.
King Ikuru, who is also the Chairman of Andoni Area Traditional Rulers Council, however, lauded the efforts of the founding fathers, past leaders of the country for the achievements so far.
He also expressed optimism that Nigeria would be great, calling on the opinion leaders to shun tribalism and political intolerance in the country.
“If Nigeria should experience rapid development in all sectors, it means we must shun tribalism and political intolerance, the interest of our country must be our priority.
“We need to fight corruption vigorously, and leaders must show good example of discipline and integrity”, he said.
The monarch used the opportunity to wish Nigeria happy independence anniversary.
By: Enoch Epelle
News
FG begins payment of N32,000 pension increment to retirees – PTAD
The Pension Transitional Arrangement Directorate has announced the start of implementation of the new pension increments for pensioners under the Defined Benefit Scheme, saying the adjustments will be reflected in the September 2025 payroll cycle.
In a statement signed by Management and posted on its X handle, PTAD said the increase package includes a fixed N32,000 payment alongside percentage increases of 10.66% and 12.95% for eligible categories, which will benefit about 832,000 pensioners under its management.
Recall that PTAD in August announced President Bola Tinubu approved a series of measures, including new welfare benefits for pensioners under DBS.
The approval follows a formal request by PTAD’s Executive Secretary, Tolulope Odunaiya, seeking an emergency budgetary allocation to implement pension reforms and welfare benefits for the scheme’s retirees.
The measures include a N32,000 pension increment, percentage increases for pensioners of defunct and privatised agencies, pension harmonisation for all DBS pensioners, enrolment into the National Health Insurance Scheme, and the settlement of long-standing unfunded pension liabilities.
In a statement yesterday, PTAD said the partial release of N820.188 billion by the Federal Ministry of Finance from the emergency funding has made it possible for pensioners to begin receiving the enhanced payments immediately.
The statement read, “Further to the President’s approval of the emergency budgetary allocation for the payment of the new pension increment rates for Pensioners under the Defined Benefit Pension Scheme (DBS) that was earlier published by the Pension Transitional Arrangement Directorate on Friday, 8th August, 2025, the Directorate is delighted to announce the commencement of the implementation of the 832,000, 10.66% and 12.95% pension increment for eligible pensioners under the management of PTAD, in the September 2025 pension payroll cycle.
“This achievement has been made possible through the partial release of 820.188 billion by the Federal Ministry of Finance, from the initial 845 billion emergency funding approval granted by the Federal Government.
“This milestone clearly reaffirms the Federal Government’s dedication to safeguarding the welfare and entitlements of DBS Pensioners in line with the Renewed Hope Agenda.”
The directorate thanked President Bola Ahmed Tinubu for approving the emergency allocation.
It also acknowledged the role of the Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun; the Minister of State for Finance, Dr Doris Uzoka-Anite; the Accountant-General of the Federation and key presidential aides and parliamentary committees for their “timely interventions” and support.
The statement also expressed appreciation to organised pension groups, including the Nigeria Union of Pensioners and the Federal Parastatals and Private Sector Pensioners Association of Nigeria, for their cooperation during negotiations and implementation planning.
“We further assure all our DBS Pensioners and Stakeholders that the Directorate will continue to collaborate with the relevant authorities towards release of the outstanding approved funds and subsequent fulfilment of all future obligations relating to the pension increments and the landmark reforms,” the statement added.
The DBS covers pensioners who retired before the introduction of the Contributory Pension Scheme in 2004, including those from defunct public institutions, privatised agencies, and treasury-funded parastatals.
Over the years, many have faced irregular payments, delayed harmonisation, and inadequate healthcare access, challenges that the new reforms are expected to address.
News
Nigeria At 65: NOA urges citizens to foster unity, progress
The National Orientation Agency (NOA) has urged Nigeria. citizens to remain united, peaceful to enhance development of the nation as it celebrates 65th independence anniversary.
Mr Mkpoutom Mkpoutom, Director of NOA in Akwa Ibom, gave the charge in Uyo yesterday while addressing newsmen and stakeholders to mark the anniversary.
Mkpoutom said it was essential to recognise that the strength of Nigeria lay in its diversity
“With over 250 ethnic groups and an array of languages, the nation embodies a unique blend of heritage.
“This diversity should be seen not as a dividing line but as a unifying force that propels the country toward progress.
“As Akwa Ibom embarks on another year, it is crucial for all citizens to foster a sense of unity and shared purpose.
“Embrace dialogue, understanding and collaborate with the Renewed Hope Agenda of President Bola Tinubu in its efforts to addressing pressing challenges like poverty, security, education, and healthcare, thereby paving way for a brighter future for all.”
The state director, however, appealed to Nigerians from all walks of life to renew their commitment to a more prosperous, peaceful, and equitable nation.
“Let this anniversary serve as a reminder of the collective strength that lies in every citizen,” he said.
He urged everyone to contribute positively to the development of a better society.
Mkpoutom urged the people and all citizens to honour the labours of heroes past, as they celebrated the present, while working diligently toward a future filled with hope and opportunities for generations to come.
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