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Much Ado About Rivers Governorship Poll

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Never has the question of who should be the Governor of Rivers State been so contentious, contemptuous, and acrimonious in the history of the State, as it has been before, during, and after the 2019 Governorship and House of Assembly elections of March 9, 2019. The nearest to it was in 2015 when the state was drafted into becoming opposition for the first time.
Since then, it has become worse in the context of redefining the essence of politics in the State, which currently wears a toga of vendetta hinged on a surreptitious inclination to have a no-holds-barred control of whatever goes on in and about the State.
Before now, but for the usual relatively minor disagreements warranted by alignments to different political parties, Rivers State has been an epitome in the political sphere of Nigeria: it was common for leaders of several other States in the country to consult or seek the advice or help of key actors in order to better build their States. In other words, the State was noted for always holding the most peaceful elections. Currently, however, the reverse is the case.
Even when there had been disagreements then, they were soon resolved as mere misunderstandings. In virtually no time, such misunderstandings were settled and the State becames the wiser in terms of key participants letting bygones be bygones and working together for the good of the state. At worst, if the disagreement continued, from the point at which there was clear indication of the one being favoured, the other soon gave up and planned for the next election.
The question is thus, why is the 2019 Governorship election different from all the rest? Why can’t the one honourably accept defeat and begin to plan for 2023, or beyond, as the case may be? Why must the 2019 election be a do-or-die affair?
In answering the stated questions, what becomes more worrisome is the acrimonious manner in which the leadership of the All Progressives Party (APC), as represented by the Honourable Minister of Transportation, and former Governor of the State, Chibuike Amaechi, has been going about it.
The former Rivers State Governor, who had before then been the Speaker of the State House of Assembly for eight years, seemed to have set the tone of what is panning out now on February 12, 2019, when the APC held its Presidential rally at the Adokiye Amiesimaka Stadium, in Igwuruta-Ali, Port Harcourt.
According to him, ”Whatever PDP wants in Rivers State, we are equal to the task. In 2015, the army tried to arrest me as a sitting governor. Now, we have a Governor, who is trying to negotiate with us, asking us to give him Governor and in return, he will support us for President. He is afraid, isn’t it? We will battle him till the last.
“On Saturday, we are ready for them. They used Federal and State institutions against us. They used to kill our people every day. Because they want to deny us the right to choose our leaders, they ran to a state High Court judge to give them judgment. Saturday is our day.”
Retrospectively, in 2015, Amaechi, as Governor of Rivers State, was the Director General of the Muhammadu Buhari campaign organisation. He did everything possible to conquer the entire nation for the APC. At the end of the day, Buhari emerged President. Unfortunately, he could not conquer his home state for APC, as incumbent Governor, Wike, defeated the APC candidate, Dr Dakuku Peterside.
The APC, especially Amaechi, never ceased to lay the blame of its loss in Rivers State on Wike, and then President, Goodluck Jonathan. And, from what has transpired so far, it would require more than mere say to convince keen observers that this grudge is not what is playing out presently in the stalemated Rivers Governorship and House of Assembly elections.
Just as genuinely concerned citizens of the State, the country, and the world at large tried to truly appreciate the scenario in the State’s political space, another bubble got busted last Monday by certain declarations made by the Deputy Governorship candidate of the African Action Congress (AAC) party in the State, Akpo Bomba Yeeh.
In a letter stating his resignation from the AAC, and defection to PDP addressed to his principal, and Governorship candidate of the AAC, Biokpomabo Awara, Yeeh said his decision to dump the party was due to ”complete hijack of the structure and administration of our party by a faction of the APC in Rivers State led by the Minister of Transportation, Chibuike Rotimi Amaechi, for his personal political ambition”.
The letter further read in part: “Furthermore, the RotimiAmaechi-led faction of the APC is not letting in its determination to subvert the will of Rivers people and cause crisis in the state, using the platform of our promising party.
“In the circumstance, I cannot in all conscience continue to lend support to the selfish political venture of the Minister of Transportation, which does not mean well for the progress and development of the people of Rivers State.
“As a budding and promising politician, I also appeal to you to accept the reality of your crushing defeat and liberate yourself from being used by Rotimi Amaechi to cause unnecessary political crisis in our dear State”.
Addressing journalists at his home in Port Harcourt the same day, Yeeh said, ”The March 9 Governorship election in Rivers State has been lost and won; lost by my party, African Action Congress (AAC) and its candidate, Biokpomabo Awara, and undoubtedly and overwhelmingly won by the Governor of Rivers State, the candidate of PDP, Nyesom Ezenwo Wike.
 ”… The collated results further showed that contrary to the false claim of fictitious lead by the AAC/APC alliance, the PDP overwhelmingly won all the elections in 18 out of the 19 LGAs, culminating in the declaration and return of the party’s 26 House of Assembly Constituencies by the Constituencies’ Returning Officers.
“This fact was confirmed on March 13, 2019, when INEC stated, as a matter of fact, that it had in its safe custody collated results for 17 Local Government Areas as well as the declaration of the PDP candidates for 21 state constituencies.”
He went further to narrate how the Amaechi-led faction of the APC had two days to the March 9 elections sought an alliance with the AAC with a promise to provide whatever it would take to remove Wike from office as Governor, and make Awara the Governor of the State.
The catch was for an agreement that Amaechi will make 90 per cent appointments in the proposed government under Awara as Governor amongst others. He also alleged that he was made to sign an undated resignation letter as Deputy Governor, which he did, for fear of his life, having seen Amaechi’s desperation to execute his plan.
But for the fact that politics in Nigeria seems to have become ridiculously synonymous with stark lies, these are too serious declarations that should not be wished away as mere spurious, coming from a key actor in the fold of a Deputy Governorship aspirant. If for nothing else, they greatly affirm Amaechi’s threat on the 12th of February 2019 to cause mayhem during the 2019 elections in Rivers State.
It would be recalled that the Amaechi-led APC officially adopted Awara, a relatively unknown Governorship candidate of the AAC, two days to the elections as its candidate of choice, and directed its supporters to back the AAC candidate. This was after the legal battle that put paid to the APC’s participation in the 2019 elections in Rivers State.
In addition, the APC and its supporters mounted a campaign: “Operation Kick Wike Out”, with a declaration that if the APC candidate would not get it, Wike must not be allowed to remain as Governor. As it has played out, while the APC wanted to oust Wike and appropriate the state for itself to redeem its image, the PDP was also set to resist at all costs.
From what has played out, and given the experience of the preceding Presidential election, result for which was hurriedly announced, pundits and close watchers of the political situation seem to be unanimous in the belief that if, in reality, the APC-supported AAC had been in lead in the result available to the Independent National Electoral Commission (INEC), collation and announcement of the results would not have been put on hold on the 10th of March, a day after the election.
As glaring as the reasons for the state of affairs in the 2019 elections in Rivers State may be, the compelling question right now is why the Amaechi-led faction of the APC would rather let the good people of Rivers State perish in unwarranted turmoil than accept the fact that the reason for their failure this time around is their wrong permutations from the onset? What wrong have Rivers people done for according him the power he now wields against them, in addition to their sufferings since 2015?

Soibi Max-Alalibo

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RSG Ready For 2030 Digital Transformation

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The Permanent Secretary, Rivers State  Information and Communications Technology (ICT) Department, Mrs. Elizabeth Akani, has said the State Government was set to meet up the 2030 target of the Federal Government towards the actualization of digital economy.
Akani said this at the Rivers State Sensitization Workshops on The Adoption of Nigeria Start-up Act and National Digital Literacy framework (NDLF), in Port Harcourt, weekend.
She noted that the State was ready for both the adoption and domestication of the Act.
According to her, up to 90-95% preparation have been fully covered by the state in readiness to welcoming the digital economy Act.
“Stakeholders talked about adoption and domestication of the Act, it was fruitful. The draft has been sent to the government”, she said.
She also noted that the move was in line with the digital transformation plan of the state and the country at large.
The Convener, Start South, Mr. Uche Aniche, who made case for full ICT Ministry for the state, said such will command the needed growth in the system.
Aniche stated that until they attained the lofty height, all about Tech-knowledge and growth may not fall in place as expected.
Other tech-operators, such as the Code Garden Chief Executive Officer, Mr. Wilfred Wegwu, who welcomed the idea, said it must be done in the nearest future.
Wegwu noted that technology has taken over the world at present, adding that government at all levels needed to key into the system.
He also stated that the system play major roles in various spheres of life, including relationships and collaboration.
He also revealed that the system now was up to forth Industrial Revolution (4IR), according to global shift ranking.
It will be recalled that the State Government has recently ordered to construct ICT centres across the 23 Local Government Area of the state in order to meet up the yearnings of the technology world.
By: King Onunwor
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Industry Braces For Glut And Investor Demands

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The oil and gas industry is in for a tough year ahead, as it must balance financial discipline, shareholder returns, and long-term investments in the sustainability of the business—while navigating a hypothetical glut.
The warning comes from Wood Mackenzie, which said in a new report that the industry was faced with conflicting trends over the next year that would make decision-making challenging. Among these is an expectation that the market would tip into an oversupply, pressuring prices, while the demand outlook for oil over the long term brightens up, motivating more investments.
“Oil and gas companies are caught between competing pressures as they plan for 2026. Near-term price downside risks clash with the need to extend hydrocarbon portfolios into the next decade. Meanwhile, shareholder return of capital and balance sheet discipline will constrain reinvestment rates,” Wood Mackenzie’s senior vice president of corporate research, Tom Ellacott, said.
The executive added that investors would also influence decisions, as they continue to prioritize short-term returns over long-term investments. This last part, at least, is not unusual in the current investment environment across industries. It could, however, make life even more difficult for oil and gas companies for a while.
The glut that Wood Mackenzie analysts expect is the same glut that the International Energy Agency has been expecting for a while now. Yet that very same International Energy Agency earlier this month issued a warning on the longer-term security of global oil supply, saying the industry needed to step up investment in new production because natural depletion at mature fields was progressing faster than previously assumed.
Per the report, if the industry has to maintain current levels of oil and gas production, more than 45 million barrels per day of oil and around 2,000 billion cu m of natural gas would be needed in 2050 from new conventional fields. It’s worth noting that this is maintenance of current production levels, assuming demand will not rise, which is a risky assumption.
Even with projects ramping up and new ones approved for development and not yet in production, a large gap still exists “that would need to be filled by new conventional oil and gas projects to maintain production at current levels, although the amounts needed could be reduced if oil and gas demand were to come down,” the IEA said.
However, demand could just as well increase, heightening the degree of uncertainty in the industry and making long-term planning even more challenging—especially for companies with higher debt-to-equity ratios. Wood Mackenzie expects those with gearing of above 35% would prioritise resilience over long-term growth, while those with better debt positions would turn to divestments and asset acquisitions to improve the quality of their portfolio.
Share buybacks will also remain on the oil industry’s table as a favorite tool for making shareholders happy, although, Wood Mac notes, these tend to dry up when oil slips below $50 per barrel. Interestingly, the analytics company does not seem to factor into its analysis a scenario where prices might go up instead of down, especially now that President Trump has signaled he would be willing to step up pressure on Russia to bring a swifter end to the war in Ukraine.
If prices do rise, for whatever reason, including failure of the massive 3-million-bpd glut that the IEA predicted to materialize, then the immediate outlook for the oil and gas industry becomes different—but not too different. Companies have already demonstrated they would not return to their old ways of splurging when times were good and tightening belts when times were bad. They would likely stick to spending caution and shareholder return prioritization, regardless of prices.
By Irina Slav
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ECN Commences 7MW Solar Power Project In AKTH

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As a landmark intervention designed to guarantee uninterrupted electricity supply, the Energy Commission of Nigeria (ECN), has commenced a 7MW solar power project at the Aminu Kano Teaching Hospital (AKTH)
The project is the outcome of ECN’s comprehensive energy audit and strategic planning, which exposed the unsustainable cost of diesel and the risks associated with AKTH’s dependence on the national grid.
Working in close collaboration with the Federal Ministry of Innovation, Science, and Technology under the coordinating leadership of Chief Uche Nnaji, the ECN planned and executed this critical project to secure the hospital’s energy future.
The Director – General, ECN, Dr. Mustapha Abullahi, said “the timing of this intervention could not be more crucial” recalling that only days ago, AKTH suffered prolonged power outages that tragically claimed lives in its Intensive Care Unit.
“That painful incident has strengthened our resolve. With this solar installation, we are ensuring that such tragedies are prevented in the future and that critical medical services can operate without fear of disruption”.
Abdullahi stated that the project is a clear demonstration of the Renewed Hope Agenda of President Bola Ahmed Tinubu in action and reflects ECN’s commitment to making Nigeria’s energy transition people-centered, where hospitals, schools, and other essential institutions thrive on reliable, clean, and sustainable power.
The ECN boss further reaffirmed ECN’s commitment to continued deployment of innovative energy solutions across the nation.
“This is not just about powering institutions; it is about saving lives, restoring confidence, and securing a brighter future for Nigerians”, he stated.
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