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Senate Bars NNPC, Others From Spending Money

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The management of Rivers Transport Company (RTC) is to introduce new routes to ease transport difficulties in the remote areas of the state,including riverine communities.
The Board chairman of the Company, Chief Ibe Eresia-Eke, disclosed this when the National Executive Committee of Egi People’s Assembly (EPA) led by its President-General, Apostle Magus Elemele, paid a courtesy visit to his office in Port Harcourt, recently
Eresia-Eke said when the plan materialized, Egi community would not be left, say that apart from relieving the people from transport difficulties it would also serve as source of job creations for teeming youths of Rivers.
“Towards this end, it is expected that Rivers people will support and encourage the state governor, Chief Nyesom Wike as he gradually unfolds welfare package for the people”.
Speaking on Egi People’s Assembly, the chairman said it was formed to address the issue of backwardness and development of Egi ethnic group, therefore those elected to pilot its affairs should remain focused.
He said for “ you to remain relevant, you should remain focused, articulate, straightforward, and cohesive strategically identifying those issues that destroyed fast organisations in Egiland and tactically avoid them.
When you have done this, “as a preliminary ground work in your service to the people, be assured that the elders and elites of the clan would be ready to offer their supports.”
Eresia-Eke who is also a trustee of the organisation, pointed out that the clan is encumbered with numerous challenges which could only be solved through sincerity of purposes and effective administration.
He advised them not to be daunted by critics and opposition as that would provide the leeway to success but stressed the need to be accountable to the people, and avoid selfish ventures.
Earlier, Apostle Magnus Elemele had said, the visit was to congratulated Chief Eresia-Eke on his new appointment and also to give a brief on the activities of the national executives which was elected a few months ago.
Elemele said the major challenge when the Exco came on board was insecurity and the unpatriotic activities of those who erroneously “believed that without them the clan will not move forward”.
He outlined some achievements recorded so far to include reconciliation process among some aggrieved groups, the release of signed MOU of 2012 gas eruption with TOTAL, and provison. relief materials to displaced people of Egi.
In another development, a foremost educationist, Elder Isaac Izeogu has urged the leadership of Egi People’s Assembly not to betray the trust placed on them by the generality of Egi people..
Izeogu, a retired school principal, who spoke to the National Executive Council of Egi People’s Assembly led by Apostle Magnus Elemele who visited him in his residence in PortHarcourt, said “the dream, and principles behind the formation of the organisation by the founding fathers must be upheld”.
“Don’t allow this noble project to die in your hands, because without coming together, abandoning personal interest, and reasoning together for the progress and development of our clan, generations to come will not be happy with you”.
He commended the efforts and sacrifice being put in place to restore the lost glory of Egi clan, wishing them God’s guidance and protection saying “I will always attend all your programmes and your activities when informed.
Earlier, Apostle Elemele had told him that the visit was to tap from his wealth of knowledge, and to seek his advice on numerous problems confronting the clan, saying a forum is in the pipeline where all the boards of trustees in which he is a member would be invited to a formal meeting with the executives.

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Niger Delta Investment Summit Targets $5bn Inflows, 500,000 Jobs

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The Niger Delta Chambers of Commerce, Industry, Trade, Mines and Agriculture (NDCCITMA) has unveiled the plans to host a major economic and investment summit aimed at attracting five billion dollars, ( N7 trillion) investments in addition to creating about 500,000 jobs over the next five years.
The Chairman of NDCCITMA Board, Ambassador Idaere Ogan, disclosed this in Port Harcourt, recently.
Ogan stated  that the initiative is designed to reposition the Niger Delta as a viable destination for sustainable economic growth and development.
He explained the summit would bring together investors, policymakers, manufacturers and business leaders from within and outside Nigeria to explore opportunities across key sectors of the regional economy.
According to him, the event is expected to attract high-profile participation, with President Bola Tinubu billed as Special Guest of Honour, while the Prime Minister of Barbados, Mia Amor Mottley, is expected to deliver the keynote address.
Ogan said the summit would focus on critical sectors including agriculture, manufacturing, logistics and the blue economy, which he described as areas with significant untapped potential.
He called on state governments, development partners and private sector stakeholders to support the initiative, stressing that collective efforts are required to unlock the region’s economic prospects.
 NDCCITMA chairman further stated that improving security conditions and increasing economic confidence in the Niger Delta have made the region more attractive to both local and foreign investors.
He emphasised that ongoing economic reforms at the national level have also contributed to creating a more favourable investment climate.
Also speaking, the Chairman of the Summit Organising Committee, Dr. Solomon Edebiri, said the event would prioritise the growth of small and medium-scale enterprises (SMEs) across the region.
He noted the summit would provide a strategic platform for networking, business partnership and policy dialogue aimed at strengthening the private sector.
Edebiri disclosed that findings from a recent business roundtable revealed significant untapped investment opportunities, which the summit seeks to harness through targeted collaborations.
He revealed that the event would feature exhibitions of viable projects, facilitate business-to-business and business-to-government engagements, and also promote innovations across multiple sectors.
According to him, the expected outcomes of the summit include job creation, increased industrial activity and improved livelihoods for people in the Niger Delta.
To build momentum ahead of the event, NDCCITMA said the body would embark on awareness roadshows across states in the Niger Delta, as well as in Lagos and Abuja, to attract broad participation.
King Onunwor
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NPA Targets N1.489tn Revenue In 2026

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The Management  of Nigerian Ports Authority (NPA) has set N1.489 trillion as its Internally Generated Revenue (IGR) target for the 2026 fiscal year.
NPA says the figure represents an increase of N21 billion over the N1.468 trillion target for 2025, which the agency exceeded with an actual revenue of N1.97 trillion.
 The Managing Director NPA, Dr Abubakar Dantsoho, stated this  during the agency’s 2026 budget defence before the Senate Committee on Marine Transport.
Dantsoho said  the authority was set to begin groundbreaking projects for the modernisation of Apapa and Tin Can Island ports to enhance global competitiveness.
According to him, of the projected revenue: N945 billion is allocated for capital projects, N447.5 billion for operating expenses, and
N90.6 billion for remittance into the Consolidated Revenue Fund (CRF).
The MD explained that the budget was anchored on the mantra, “Consolidation, Renewed Resilience and Shared Prosperity.”
Dantsoho said that the modernisation of Apapa and Tin Can Island ports were flagship projects aimed at boosting revenue.
“Apapa and Tin Can Island ports are old and no longer adequate for modern global port operations.
“Apapa Port is about 100 years old, while Tin Can Island Port is over 50 years old, with limited capacity for handling modern vessels and cargo volumes.
“Groundbreaking for their modernisation will commence within the next two to three weeks,” he added.
On the Treasury Single Account (TSA), Dantsoho said all revenues generated by the NPA are paid directly into the account managed by the Central Bank of Nigeria (CBN).
“We do not retain any funds. The Central Bank is the signatory and we must apply for funds whenever needed,” he explained.
Earlier in his remarks,Chairman of the Senate Committee on Ports, Sen. Wasiu Eshinlokun (Lagos Central), said the committee’s oversight function was collaborative rather than adversarial.
“Our goal is to work with you to strengthen institutional capacity, eliminate inefficiencies and ensure that every naira appropriated serves the public interest,” he said.
Chinedu Wosu
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NPF Disburses ?21.68m  To Fallen Heros’ Families …Reinforce Welfare Commitment 

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Nigeria Police Force has disbursed a total of ?21,678,120 to the deceased police officers families in Rivers State as part of ongoing welfare interventions by the force.
The gesture formed a major highlight of the activities marking  the 2026 National Police Day celebration in the state, underscoring renewed institutional focus on personnel welfare and post-service support systems.
The Commissioner of Police, Olugbenga Adepoju, who presided over the cheque presentation ceremony, said the initiative reflects the Force’s commitment to honouring officers who paid the ultimate price in their line of duty.
He explained that the financial support is designed to cushion the economic burden faced by bereaved families, while also reinforcing confidence among serving personnel about the Force’s long-term welfare structure.
Adepoju conveyed the sympathy of the leadership of the Nigeria Police Force to the beneficiaries, noting that the sacrifices of fallen officers remain invaluable to national security and public safety.
The police boss further stressed that sustained welfare interventions are critical to boosting morale, enhancing productivity, and strengthening institutional loyalty within the Force.
He reiterated that the welfare scheme aligns with broader reforms aimed at repositioning the Nigeria Police Force as a responsive and people-oriented institution.
Beneficiaries of the cheques commended the Inspector-General of Police, Olatunji Rilwan Disu, for prioritising the welfare of officers and their families through consistent and impactful interventions.
They described the initiative as timely and compassionate, noting that it would go a long way in alleviating financial pressures arising from the loss of their loved ones.
The families also acknowledged ongoing reforms under the current police leadership, which they said have strengthened trust, improved service delivery, and enhanced the overall image of the Force.
The Rivers State Police Command reaffirmed its commitment to sustaining similar initiatives as part of efforts to uphold the dignity, sacrifice, and legacy of officers who served the nation with distinction.
King Onunwor
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