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397 Get N.2bn RSG Interest-Free Loan …As Wike Tasks Bille People On Peace
In keeping with its promise to empower traders and young entrepreneurs in Rivers State, the state government has disbursed the first tranche of N200 million interest-free loans to 397 beneficiaries in 12 local government areas of the state.
The Commissioner for Special Duties, Hon. Onowu Chukwuemeka, who disclosed this over the weekend said the second batch of beneficiaries would receive disbursement at the end of this month.
The first 12 local government areas to benefit from the loan are Okrika, Ikwerre, Ahoada, Akuku-Toru, Andoni, Bonny, Obio/Akpor, Gokana, Khana, Omuma, ONELGA, and Oyigbo Local Government Areas.
He also noted that the second batch of beneficiaries will be published at the end of the month.
According to him, the loan would go a long way in empowering the financial strength of traders across the state.
He said that the loan would also make business people vibrant and young entrepreneurs that have not found their feet to develop.
He commended the State Governor, Chief Nyesom Wike for embarking on the free loan programme to alleviate the plight of the people and create jobs in the state.
The commissioner urged beneficiaries to ensure proper utilisation of the funds to achieve maximum profit and grow their businesses for the economic development of the state.
See list of beneficiaries on Pages 16 and 17.
Meanwhile, a renewed call has gone to the people of Bille Kingdom in Degema Local Government Area of Rivers State to continue to remain peaceful in order to attract more development projects to the area.
The Rivers State Governor, Chief Nyesom Wike made this call during the Bille Kingdom Development Summit 2019 in Port Harcourt, last Saturday.
Represented by the state Commissioner for Energy and Natural Resources, Damiete Herbert Miller, the governor said that by being peaceful, the kingdom stands to gain a lot in terms of political patronage and infrastructural development like sand-filling and shore protection, amongst others.
He also advised the people to put their acts together and install a king to fast-track the development of the kingdom while attracting the necessary recognition of their stool.
Wike urged the people to ensure that security of lives and property was maintained, noting that they must collaborate with the government to ensure that the Bille Kingdom and its territories were free from pipeline vandals and illegal refining of petroleum products.
In her remarks, the state Deputy Governor, Dr. Ipalibo Harry Banigo, who spoke through a former chairman of the Degema Local Government Area Caretaker Committee, Mrs. Okorite Carrie Adiele, urged the Bille Kingdom to give opportunity for government’s assistance in setting up a modular refinery through the Ministry of Petroleum Resources, stressing that government would assist the kingdom to achieve the feat.
She, however, advocated that employment into the proposed modular refinery should be on 50:50 ratio, where 50% would cover the Bille interest.
The Vice Chairman of the Bille Kingdom Chiefs’ Council, Alabo Ibitamino Minapakama, who said the Bille Kingdom had suffered gross marginalization and utter neglect over the years, however, commended the governor under whose watch sons and daughters of Bille have attained positions of influence in government.
Iragunima Benice
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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.
