News
Saraki Wades Into FG’s N2.4bn Debt Owed Scholars Abroad
The Director in-charge of Scholarship at the Federal Scholarship Board (FSB), Fatima Ahmad has said that the sum of N2.4billion is owed Nigerian scholars abroad by the board due to inadequate or lack of budgetary provisions.
Ahmad said there was an outstanding scholarship allowance to the tune of N799.8 million in 2015 and 2016, out of which N444.2million has been paid, leaving a balance of N355.6million.
The director made the disclosure at a special meeting held between the Senate President, Bukola Saraki and representatives of ministries, departments and agencies (MDAs) responsible for the welfare of Nigerian students on scholarships abroad.
The students are now stranded due to non-payment of their living allowances and tuition fees by relevant government agencies.
The Senate in plenary had mandated Saraki to intervene and know why Nigerian students on scholarships in foreign countries were yet to be paid their scholarship funds.
Saraki at the meeting, last Wednesday, which was attended by the Senate leader, deputy Senate leader, chairman of Senate Committees on Tertiary Education and TETFUND and other senators directed the Federal Scholarship Board (FSB) to urgently present a comprehensive report of all Nigerian students on scholarship abroad and their outstanding entitlements to the relevant committees of the Senate to enable the Senate make appropriations for their settlement.
While saying that the Senate committees, after due consideration of the reports, would make recommendations to the Senate on how to clear the backlog through appropriation, he called for a comprehensive review of scholarship policies in the country so as to save the nation from future embarrassment.
According to Saraki, the meeting was called to enable the leadership of the Senate and heads of relevant agencies put heads together on a matter of pressing concern, which is the welfare of Nigerian students on scholarships who are stranded abroad due to the inability to fulfill the country’s responsibilities to the students, and meet their needs.
“As some of you may know, I was in Russia last month to participate at the 137th Assembly of the Inter-Parliamentary Union (IPU), and I heard first-hand the plight of our students for whom the expected scholarship funding has dried up,” Saraki said.
“The overwhelming feeling on the part of these students is one of abandonment by their motherland.”
He said that the outstanding students’ allowances needed to be settled urgently to save them from untold hardship.
“This feeling of abandonment is one that we must move quickly to dissipate, by working urgently to alleviate the difficulties faced by these students,” Saraki stated.
“We must look for ways to re-establish the pipelines and remove the bottlenecks, so that our students who went abroad with the promise and assurance of scholarship funding, will get their stipends as and when due.”
He lamented that several brilliant Nigerian students on federal scholarships were languishing abroad due to the inability of the Federal Government to pay its counterpart funding of the scholarships awarded under bilateral agreements with foreign governments.
“Under the Bilateral Education Agreement (BEA) entered into by Nigeria and several foreign governments, some of the host countries have responsibility for part of the upkeep of Nigerian students – while Nigeria must necessarily fulfill her own part,” Saraki said.
“There is a need for the MDAs to look at our responsibility to our students in the different countries, and devise ways of making good on our part of such agreements.”
He added: “We must recognise that these students scattered that are currently in dire conditions all over the world, represent a sizable component of the future of Nigeria – her dreams of progress and development.
“This is another kind of brain drain. The worst part is, this is a brain drain that benefits no one, not even foreign countries. We are not even losing the best of these students to foreign lands – we are in danger of losing them, period. If we don’t rectify this situation – let me put it bluntly – we would be sacrificing their future; and that, is unthinkable.”
The Senate president directed the FSB to prepare a comprehensive report on the outstanding allowances and tuition and submit to the education committees to enable the Senate make provision for its settlement in the budget.
He, however, enjoined the FSB to imbibe the spirit of transparency and federal character in the award of all scholarships.
News
Ibas Inaugurates RSIEC, Service Commissions, Healthcare Board In Rivers …Charges Appointees To Embrace Principles Of Service

The Administrator of Rivers State, Vice Admiral (Rtd) Ibok-Ete Ibas, has charged newly appointed Board members to uphold the highest standards of discipline, competence, integrity, and unwavering dedication in their service to the State.
He emphasized that such commitment is critical to stabilizing governance, restoring democratic institutions, and advancing the principles of good governance in the State.
This was contained in a statement by the Administrator’s Senior Special Adviser on Media, Hector Igbikiowubo on Monday.
Ibas issued the charge on Monday while inaugurating the reconstituted Rivers State Independent Electoral Commission (RSIEC), Rivers State Civil Service Commission, Rivers State Local Government Service Commission, and the Rivers State Primary Health Care Management Board at Government House, Port Harcourt.
The Administrator urged the new appointees to embrace their roles with diligence, patriotism, and a commitment to transforming Rivers State through excellent service.
Addressing the Chairman and members of RSIEC, Ibas underscored their pivotal role in ensuring credible local government elections that reflect the will of the people.
“Your task is clear but demanding: to conduct free, fair, transparent, and credible elections at the grassroots level. You must resist bias, favoritism, and external interference while restoring public confidence in the electoral process,” he stated.
“The independence of your actions is crucial to sustaining peace, stability, and grassroots governance. I urge you to act with fairness, impartiality, and professionalism—even in the face of difficult choices,” Ibas added.
The Sole Administrator also charged the Rivers State Civil Service Commission on the need to eliminate mediocrity and foster a culture of excellence through merit-based recruitment, training, and promotions.
“The civil service must transition from favoritism to competence, integrity, and accountability. Your commission will lead reforms, including digital transformation and standardized practices across ministries, departments, and agencies,” he said.
He disclosed that extensive training programmes are underway, with a committee set up to overhaul the public service framework for greater efficiency.
Meanwhile, Ibas urged the Rivers State Local Government Service Commission to ensure professionalism and discipline in local government administration.
“As the closest tier of government to the people, you must drive reforms that insulate the system from politics and mediocrity. Your mandate includes merit-based recruitment, training, and enforcing standards for effective service delivery,” he stated.
In the same vein, the Administrator charged the Rivers State Primary Health Care Management Board with revitalizing healthcare delivery across the state’s 23 local government areas.
“Primary healthcare is the foundation of a sustainable health system. Your board must ensure facilities are adequately staffed, equipped, and operational focusing on maternal health, immunization, malaria control, and community health services,” he said.
He emphasized data-driven operations, incentives for rural health workers, and restoring the referral system to improve healthcare access.
He also assured the Board of sustained government support, including funding, for the effective discharge of their mandates but warned that board members would be held accountable for their performance.
The newly inaugurated members include: RSIEC: Dr. Michael Ekpai Odey (Chairman) with Prof. Arthur Nwafor, Prof. Joyce Akaninwor, and others as members.
Civil Service Commission: Dr. Livinus Bariki (Chairman), Amb. Lot Egopija, Mrs. Maeve Bestman, and others.
Local Govt. Service Commission: Mr. Isreal Amadi (Chairman), Rear Adm. Emmanuel Ofik (Rtd), Dr. Tonye Pepple, and others.
Primary Health Care Board: Dr. Dawari George (Chairman), Dr. Chituru Adiele (Executive Director), Prof. Kaladada Korubo, and representatives from key ministries.
News
Rivers PDP Debunks Sale Of LGA Election Forms

The Publicity Secretary of the Peoples Democratic Party (PDP) in Rivers State, Dr. Kenneth Yowika, has debunked claims that the party has commenced sale of forms for chairmanship and councillorship elections across the 23 local government areas of the state.
Yowika made the rebuttal in a statement made available to newsmen on Wednesday, describing the publication on the social media as baseless and untrue.
He urged members of the PDP to disregard the claim, saying that official communication regarding the sale of forms would be disclosed through the appropriate channels.
“With reference to information trending on social media, it has been falsely claimed that the sale of forms for Chairmanship and Councillorship elections in the 23 Local Government Areas (LGAs) of Rivers State will begin soon.
“However, the party has firmly denied these rumours, stating that they are baseless and untrue.
“The party has its own established methods of reaching out to its numerous supporters.
“The People’s Democratic Party, a law-abiding organisation, will patiently await the release of guidelines from the recently inaugurated Rivers State Independent Electoral Commission (RSIEC) before considering any sale of election forms.
“The PDP is urging its members to remain calm as official communication regarding the sale of forms will be disclosed through appropriate channels,” the statement read.
Enoch Epelle
News
South-South contributes N34trn to Nigeria’s economy in 2024 – Institute
Prof. Pius Olanrewaju, President of the Chartered Institute of Bankers of Nigeria (CIBN), has stated that the South-South region contributes N34 trillion to country’s economy in 2024.
He made the remark at the South-South Zonal Banking and Finance Conference in Calabar, yesterday.
He spoke on the theme, ‘’Building An Inclusive South-South: Economic Diversification as a Catalyst For Development.’’
Olanrewaju, who quoted the data from the Cable Data Index, said the feat was more than 21 per cent of Nigeria’s real Gross Domestic Product (GDP).
The president described the growth as ‘’ impressive,’’ saying that it was not driven by oil alone but significant expansions in trade, services, and the creative industries.
According to him, to fully harness this potential, coordinated financial, technological, and policy support is essential.
“As we work to reposition the South-South for broad-based prosperity, the financial system must play a central role, not merely as a source of capital, but as a catalyst for innovation, ideas incubation, and inclusive economic growth.
“This conference, therefore, provides a strategic opportunity for stakeholders to reimagine the South-South economy, not merely as a resource belt, but as a region of diverse capabilities and resilient enterprises.”
Olanrewaju added that Nigeria must move beyond old models and chart a new course for the development of the South-South region, where financial institutions and stakeholder collaborate to diversify the economy for shared prosperity.
He, however, commended Gov. Bassey Otu for his pledge of land for CIBN Secretariat in Cross River and being the first sitting governor to willingly undergo and complete the Chartered Bankers Programme.
On his part, Gov. Otu said that the conference discussion on the economic diversification in South-South region was timely against the backdrop of global trade and economic volatility that was affecting the nation’s economy.
Represented by his deputy, Mr Peter Odey, Otu said the South-South region must now act with urgency to diversify its economy while leveraging its shared natural endowment in agriculture and extractive resources.
“This conference must help develop tailored financial solutions that reflect the unique strengths and realities of states like Cross River in the south-south.
“Diversification should be evidence-based and must be backed not just by financial advice but project focused financing and real investment support,” he noted.
He said that Cross River had taken the bold step to invest in its agricultural sector by launching an Agro processing hub.
Otu further said that the state had invested in aviation by acquiring more aircrafts for Cally Air, construction of the Bakassi Deep Seaport and injecting N18 billion in its tourism sector.
Similarly, Mr Tolefe Jibunoh, Cross River Branch Controller of the Central Bank of Nigeria (CBN) said that the region was blessed with natural resources, cultural diversities and immense human potentials.
Jibunoh, who was represented by Mr Segun Shittu, Head, Currency Control Office, CBN, Calabar, noted that strategic diversification could unlock unprecedented opportunities for growth in the region.
He added that the CBN remained steadfast to maintain monetary possibilities and promote a sound financial system as a catalyst for sustainable economic development for the benefit of all.
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