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EFCC Can’t Probe RSG’s Account -Wike …Challenges Commission To Vacate Court Order …Warns Zenith Bank Against Revealing Account Details
The Rivers State Governor, Chief Nyesom Wike has reiterated that the Economic and Financial Crimes Commission (EFCC) has no powers to investigate the financial transactions of the Rivers State Government.
He said that before EFCC can investigate the Rivers State Government, it must first vacate the Federal High Court judgement that declared that it cannot investigate the financial transactions of the Rivers State Government.
Wike spoke, yesterday, during a courtesy visit by the Group Managing Director-Designate of Zenith Bank Plc, Mr Ebenezer Onyeagwu.
The governor said: “EFCC has no powers to look into our financial transactions. You cannot be giving our financial transactions to the EFCC, because that is illegal.
“Unless the EFCC sets aside the judgement, they have no powers to look into our financial transactions. Not that we are afraid, but due process must be followed”, Wike insisted.
He said that if Zenith Bank refuses to obey the court judgement, Rivers State Government would be compelled to file the necessary processes to ensure the right thing was done.
The governor commended Zenith Bank for supporting projects’ execution in the state through loan facilities, adding that the Rivers State Government would complete the payment of loans acquired by May ending.
“You have supported the state in terms of infrastructure. You have also supported us for our inauguration”, he said.
He, however, urged the management of Zenith Bank to consummate the long relationship with Rivers State Government by ensuring that Rivers people grow in the bank.
Wike congratulated Mr Ebenezer Onyeagwu on his appointment as the group managing director-designate of the Zenith Bank, emphasising that his appointment was due to commitment and hardwork.
“Since 1999, this relationship has been there, and it will be there. Try to ensure that Rivers people grow in the bank”, he added.
In his remarks, the Group Managing Director-Designate of Zenith Bank Plc, Mr Ebenezer Onyeagwu congratulated the Rivers State governor on his re-election.
“Every one of us in Zenith Bank is very pleased over the success you have recorded. We also want to use this opportunity to congratulate you on your victory at the last election, and wish for a glorious second term”, he said.
Onyeagwu said that Zenith Bank prays for Wike to make greater progress during his second term.
He said that he was in Rivers State to inform the governor that he would take over the leadership of the bank on June 1, 2019.
“Zenith Bank and Rivers State have been in partnership for over 20 years. We want to assure you that in this moment and in this time, our expectation is that this partnership will get even bigger and stronger.
“We want to assure you of our utmost loyalty and support for the ideas and aspirations of your government. It is our pleasure that Zenith Bank is willing to support the various development initiatives of your government.
“At this second half, going by your disposition, going by your perspective that we know, our expectation is that it will even be raised higher. Even as the tempo is raised higher, the support of Zenith Bank will remain consistent”, Onyeagwu assured.
Moreso, the Rivers State Governor, Chief Nyesom Wike has stated that the politicisation of security in the country was responsible for the insecurity across the country.
Speaking during a courtesy visit by the Charge D’Affairs, Embassy of Netherlands at the Government House, Port Harcourt, last Wednesday, Wike said when security issues involve opposition states, the authorities play politics.
The governor said: “The problem we have is the politicisation of security. As an opposition state, once we have security challenges, politics is introduced”.
He urged the Government of Netherlands to give Rivers State the support it needs to tackle insecurity in the state.
Wike blamed multinational companies for encouraging insecurity by patronizing cultists for surveillance jobs.
He particularly accused Shell of being part of the major culprits, saying Shell divides communities to make sure that the people do not work together with one voice.
“Shell is part of the major culprits. Shell divides communities to make sure that the people don’t work together. Shell doesn’t want to implement memorandum of understanding signed with communities.
“I sat in a meeting with Shell, Agip and Total. It was Shell only that refused to implement the Memorandum of Understanding. Despite the actions of Shell, we shall continue to protect national assets”, he said.
On the Ogoni clean-up, Wike said that the Federal Government has not shown seriousness and commitment to the project.
He said that they were only interested in the political gain of the project.
Wike said that he remains committed to all his campaign promises, saying that he would work towards fulfilling them during his second term.
He said: “Every promise made, we will try to actualize them. Youths will have 40 per cent in the new cabinet. This 40 per cent will cover men and women. There will be another 20 per cent for women. This means that women will have more than 20 per cent in the next cabinet”.
Wike called on the Netherlands Embassy to attract agricultural investors to the state for the purpose of job creation.
In her remarks, the Charge D’Affairs, Embassy of Netherlands, Mrs Marian Van De Cappello congratulated the Rivers State governor on his well-deserved victory during the Governorship Election.
She commended the Rivers State governor for initiating reconciliation between political gladiators in the state, adding that with reconciliation, the state would experience peace and development.
Cappello praised Wike for pledging to increase women and youth participation in his next cabinet.
The diplomat said she was also in the state to participate in the clean-up of Ogoniland.
Similarly, in line with its commitment to improving security across the state, Rivers State Government would henceforth sanction any company that awards surveillance jobs to cultists.
The Rivers State Governor, Chief Nyesom Wike made this known during a courtesy visit by the Ambassador of France to Nigeria, Mr Jerome Pasquier at the Government House, Port Harcourt, last Wednesday.
Wike said that before such surveillance jobs are awarded, the companies should inform the state government for proper scrutiny of the beneficiaries.
“Companies encourage cultists by giving them surveillance jobs. We must know those doing these surveillance jobs.
“When you empower them, they have more money to acquire arms. Any company that gives surveillance jobs to cultists will be sanctioned”.
He appealed to the French Ambassador to prevail on the authorities not to politicise the security of the country.
Wike called on the French Embassy to take steps to ensure that Air France returns to Port Harcourt, emphasising that the state government was prepared to support the airline through relevant policies.
He urged the management of Air France to reconsider their action and return to Port Harcourt.
The governor said that his administration would continue to work towards enhancing a fruitful relationship with the French Government.
Ambassador of France to Nigeria, Mr Jerome Pasquier noted that there is a major French Presence in Rivers State through the operations of Total and other professionals.
He said that the embassy would continue to work towards greater French presence in the state.
Pasquier added that the Embassy was working hard to persuade more French investors to come to Nigeria, especially Rivers State.
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Fubara Dissolves Rivers Executive Council
Rivers State Governor, Sir Siminialayi Fubara, has dissolved the State Executive Council.
The governor announced the cabinet dissolution yesterday in a statement titled ‘Government Special Announcement’, signed by his new Chief Press Secretary, Onwuka Nzeshi.
Governor Fubara directed all Commissioners and Special Advisers to hand over to the Permanent Secretaries or the most Senior officers in their Ministries with immediate effect.
He thanked the outgoing members of the State Executive Council for their service and wished them the best in their future endeavours.
The three-paragraph special announcement read, “His Excellency, Sir Siminalayi Fubara, GSSRS, Governor of Rivers State, has dissolved the State Executive Council.
“His Excellency, the Governor, has therefore directed all Commissioners and Special Advisers to hand over to the Permanent Secretaries or the most Senior officers in their Ministries with immediate effect.
“His Excellency further expresses his deepest appreciation to the outgoing members of the Executive Council wishing them the best in their future endeavours.”
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INEC Proposes N873.78bn For 2027 Elections, N171bn For 2026 Operations
The Independent National Electoral Commission (INEC) yesterday told the National Assembly that it requires N873.78bn to conduct the 2027 general elections, even as it seeks N171bn to fund its operations in the 2026 fiscal year.
INEC Chairman, Prof Joash Amupitan, made the disclosure while presenting the commission’s 2026 budget proposal and the projected cost for the 2027 general elections before the National Assembly Joint Committee on Electoral Matters in Abuja.
According to Amupitan, the N873.78bn election budget covers the full conduct of national polls in 2027.
An additional N171bn is needed to support INEC’s routine activities in 2026, including bye-elections and off-season elections, the commission stated.
The INEC boss said the proposed election budget does not include a fresh request from the National Youth Service Corps seeking increased allowances for corps members engaged as ad-hoc staff during elections.
He explained that, although the details of specific line items were not exhaustively presented, the almost N1tn election budget is structured across five major components.
“N379.75bn is for operational costs, N92.32bn for administrative costs, N209.21bn for technological costs, N154.91bn for election capital costs and N42.61bn for miscellaneous expenses,” Amupitan said.
The INEC chief noted that the budget was prepared “in line with Section 3(3) of the Electoral Act 2022, which mandates the Commission to prepare its election budget at least one year before the general election.”
On the 2026 fiscal year, Amupitan disclosed that the Ministry of Finance provided an envelope of N140bn, stressing, however, that “INEC is proposing a total expenditure of N171bn.”
The breakdown includes N109bn for personnel costs, N18.7bn for overheads, N42.63bn for election-related activities and N1.4bn for capital expenditure.
He argued that the envelope budgeting system is not suitable for the Commission’s operations, noting that INEC’s activities often require urgent and flexible funding.
Amupitan also identified the lack of a dedicated communications network as a major operational challenge, adding that if the commission develops its own network infrastructure, Nigerians would be in a better position to hold it accountable for any technical glitches.
Speaking at the session, Senator Adams Oshiomhole (APC, Edo North) said external agencies should not dictate the budgeting framework for INEC, given the unique and sensitive nature of its mandate.
He advocated that the envelope budgeting model should be set aside.
He urged the National Assembly to work with INEC’s financial proposal to avoid future instances of possible underfunding.
In the same vein, a member of the House of Representatives from Edo State, Billy Osawaru, called for INEC’s budget to be placed on first-line charge as provided in the Constitution, with funds released in full and on time to enable the Commission to plan early enough for the 2027 general election.
The Joint Committee approved a motion recommending the one-time release of the Commission’s annual budget.
The committee also said it would consider the NYSC’s request for about N32bn to increase allowances for corps members to N125,000 each when engaged for election duties.
The Chairman of the Senate Committee on INEC, Senator Simon Along, assured that the National Assembly would work closely with the Commission to ensure it receives the necessary support for the successful conduct of the 2027 general elections.
Similarly, the Chairman of the House Committee on Electoral Matters, Bayo Balogun, also pledged legislative support, warning INEC to be careful about promises it might be unable to keep.
He recalled that during the 2023 general election, INEC made strong assurances about uploading results to the INEC Result Viewing portal, creating the impression that results could be monitored in real time.
“iREV was not even in the Electoral Act; it was only in INEC regulations. So, be careful how you make promises,” Balogun warned.
The N873.78bn proposed by INEC for next year’s general election is a significant increase from the N313.4bn released to the Commission by the Federal Government for the conduct of the 2023 general election.
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Tinubu Mourns Literary Icon, Biodun Jeyifo
President Bola Tinubu yesterday expressed grief over the death of a former President of the Academic Staff Union of Universities and one of Africa’s foremost literary scholars, Professor Emeritus Biodun Jeyifo.
Jeyifo passed away on Wednesday, drawing tributes from across Nigeria and the global academic community.
In a condolence message to the family, friends, and associates of the late scholar, Tinubu in a statement by his spokesperson, Bayo Onanuga, described Jeyifo as a towering intellectual whose contributions to African literature, postcolonial studies, and cultural theory left an enduring legacy.
He noted that the late professor would be sorely missed for his incisive criticism and masterful interpretations of the works of Nobel laureate, Professor Wole Soyinka.
The President also recalled Jeyifo’s leadership of ASUU, praising the temperance, foresight, and wisdom he brought to the union over the years.
Tinubu said Jeyifo played a key role in shaping negotiation frameworks with the government aimed at improving working conditions for university staff and enhancing the learning environment in Nigerian universities.
According to the President, Professor Jeyifo’s longstanding advocacy for academic freedom and social justice will continue to inspire generations.
He added that the late scholar’s influence extended beyond academia into political and cultural journalism, where he served as a mentor to numerous scholars, writers, and activists.
Tinubu condoled with ASUU, the Nigerian Academy of Letters, the Wole Soyinka Centre for Investigative Journalism, the University of Ibadan, Obafemi Awolowo University, Oberlin University, Cornell University, and Harvard University—institutions where Jeyifo studied, taught, or made significant scholarly contributions.
“Nigeria and the global academic community have lost a towering figure and outstanding global citizen,” the President said.
“Professor Biodun Jeyifo was an intellectual giant who dedicated his entire life to knowledge production and the promotion of human dignity. I share a strong personal relationship with him. His contributions to literary and cultural advancement and to society at large will be missed.”
Jeyifo was widely regarded as one of Africa’s most influential literary critics and public intellectuals. Among several honours, he received the prestigious W.E.B. Du Bois Medal in 2019.
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