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Comissioner Defends Bayelsa’s N17bn Loan Facility

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5 years ago

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Bayelsa State Government says the N17 billion facility it is processing is to boost the state’s economy through the development of its agricultural sector, create jobs and raise its internally generated revenue profile.
The Commissioner for Finance, Mr. Maxwell Ebibai, stated this while reacting to questions from journalists after rendering the statement of accounts for the income and expenditure of the state for August, September and October 2020.
According to the Finance Commissioner, “we decided to approach the State House of Assembly for approval to collect the facility for the purpose of developing our palm oil and our other agricultural potential.
“The Bayelsa government is not collecting N17 billion to spend on recurrent expenditure. Rather our citizens involved in commercial agriculture would benefit from it and the process would also generate employment for our people and boost our revenue too”, he said.
While noting that the money is yet to be collected, Mr Ebibai explained that the N17billion facility was in three parts: N10billion from the Central Bank of Nigeria, with flexible repayment terms, and that the facility was open to all states in the country.
He said the N4billion was a  Sustainable Development Goals (SDG) counterpart fund, which would be deployed into fixing some of the state’s road infrastructure, provision of potable water, rehabilitation of schools and primary healthcare facilities; and lastly the N3billion is a revolving temporary credit facility, with a 12-month tenor to fund financing gap whenever there is a shortfall in monthly revenue accruing to the state.
He pointed out that in recent times there had been a sharp decline in revenues from the Federation Account to the state as a result of statutory deductions, which had impacted the state’s economy negatively.
Ebibai maintained that it was necessary to obtain the loan in order to make up the gap in the event of revenues falling below a certain threshold to enable the state manage its economy.
“We are aware that the national economy has gone into another recession. Invariably, if the economy is bad, you can do things to reflate it and put money in the hands of the people”, Ebibai noted.
He further stated that the loan and debt profile of the state is not hidden as it is published on the Federal Government’s Debt Management Office website for anyone to see and that through the transparency briefings, the government declared the income and expenditure of the state regularly.
“The loan profile of the Bayelsa State Government is there on the Debt Management Office (DMO) website. You will see the breakdown of the loans and what they were used for. You have the full details and the public document is there”, he added.
He contended that it was government’s responsibility to do what it considerd to be in the best interest of the people by being responsive to situations in averting financial crisis.
“The steps we are taking show that the government of Senator Douye Diri is thinking ahead, envisaging situations and responding to them even before they arise,” the commissioner said.

 

By: Ariwera Ibibo-Howells, Yenagoa

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Niger Delta

CSOs, Bille Community Urge Solution To Persistent Underwater Gas Eruption

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1 week ago

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April 10, 2026

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Civil Society Organisations (CSOs) and the people of Bille Kingdom in Degema Local Government Area (LGA) of Rivers State have called for government’s urgent intervention to end the suspected underwater gas eruption in the community.
The groups, under the aegis of the Environmental Rights Action and Social Action, made the call during their advocacy visit to the Port Harcourt Zonal Head of the National Oil Spill Detection and Response Agency (NOSDRA), in Port Harcourt.
The Programme Manager of Environmental Rights Action, Mr. Kentebe Ebiaridor, said the visit was to seek clarity on the response efforts of the regulators to the development in the community.
Ebiaridor expressed concern over what he described as “inadequate response from regulatory agencies and the government concerning the incident”.
He said discussions with some officials revealed that there was still no clear timeline for action to address the situation.
According to him, in the absence of clear ownership of the facility linked to the incident, companies operating within Oil Mining Lease (OML) 18 should be held accountable.
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) had in a statement issued on March 20 by its Chief Executive, Oritsemeyiwa Eyesan, said the commission had commenced an investigation into a gas bubbling incident in Bille Community.
Eyesan said the commission expressed concern over the development and assured residents of its ongoing efforts to address the situation.
Also, the Resource Justice Manager of Social Action, Dr. Prince Edegbuo, warned that the situation could escalate into a public health emergency, if urgent steps were not taken.
Edegbuo called on relevant authorities to release the results of the tests reportedly conducted in the area, stressing that residents had the right to know the condition of their environment.
He also said CSOs were prepared to intensify advocacy on the matter, urging the development of emergency response measures, including possible evacuation plans.
A legal practitioner and community stakeholder, Mr. Commission Deinbo, had, on March 20, said residents had continued to witness unusual signs on the waterways in the area.
Deinbo said the signs included boiling and bubbling from the ground and river, sometimes within residential areas, as well as fire outbreaks, which the residents had always managed to contain.
He appealed to relevant authorities to come to their aid and find a lasting solution to the problem.
In a response, the Port Harcourt Zonal Head of NOSDRA, Mr. Bello Augustin, assured the community that he would relate its concerns to the appropriate quarters.
Augustin also commended the CSOs for their advocacy and concerns to community development in the state.
By: Wokoma Emmanuel & Theresa Frederick
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Niger Delta

Police Detain 7, Recover Arms In A’Ibom 

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1 week ago

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April 10, 2026

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The Police Command in Akwa Ibom State has detained seven suspects and recovered firearms after raiding a criminal hideout in Ndiya Mfia, Ikono Local Government Area.of the State.
The Police Public Relations Officer, DSP Timfon John, made the disclosure in a statement in Uyo on Wednesday.
John said that the breakthrough which occurred at about 6.00a.m on Wednesday, followed credible intelligence from members of the public.
“We reliably gathered that criminal suspects were hibernating in a compound disguised as worshippers.
“In a decisive operation, our personnel conducted a thorough search of the premises which led to the detention and recovery of arms,” she said.
According to her, the operation was in line with the directive of the Inspector-General of Police to decisively combat crime in the country.
The police spokesman further said that two locally made double-barrel guns, five expended cartridges, four motorcycles and three generators were recovered during the operation.
She also listed 10 mobile phones, one police crest, four jungle boots, one peak cap, saw blade, spanner, number plates, machetes, a special force vest as other items recovered.
“We also found bottles of suspected spiritual oil and one enlarged photograph linked to an ongoing investigation,” she said.
John said that preliminary investigation suggested that the location was being used as cover for criminal operations.
She said the State’s Commissioner of Police,  CP Baba Azare, has directed a comprehensive investigation on the matter in order to apprehend the principal suspect.
John expressed the commitment of the Command to rid the state of crime, and urged members of the public to always support the police with timely and credible information.
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Niger Delta

Otu Launches Grassroot Security Network In C’River

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1 week ago

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April 10, 2026

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Cross River State Governor, Bassey Otu, has launched a grassroots security intelligence network, named, ”Homeland Safety and Security Agency,” to strengthen community-based surveillance and enhance safety across the state.
Otu, who inaugurated the agency’s office in the Southern Senatorial District of the state on Monday, in Calabar, said similar offices were being inaugurated in the Central and Northern Senatorial Districts.
The Governor, represented by his Chief of Staff, Mr. Emmanuel Ironbar, said the officials of the agency would serve as first point of call before matters would be escalated to main security architecture in the state.
He described Homeland Security as an intelligence-driven structure focused on neighbourhood monitoring and early threat detection through coordinated local efforts.
He said the initiative constituted the directors and field operatives, tasked with gathering and forwarding intelligence to relevant security agencies for prompt action.
Otu noted that the network would serve as a first point of contact before intervention by conventional security agencies.
“It is important that we enhance monitoring of movements across our communities, border areas, and riverine zones to identify suspicious activities and enhance security response.
“The state government will provide necessary gadgets and communication tools to improve efficiency and real-time intelligence sharing,” he said.
Otu called for public cooperation, stressing that ‘’security is a collective responsibility requiring timely information from residents.’’
He said, ‘’to ensure that the security outfit works like a model unit, proper screening would be conducted on the volunteers to weed out undesirable elements from the system.’’
The Tide’s source reports that the Governor handed over 14 motor bikes to the agency’s southern Senatorial district office to enhance their efficiency.
On his part, the Director-General, South of the agency, Mr. Michael Nsan, said the volunteers had played key roles in reducing crime through coordinated patrols and intelligence sharing.
Nsan said over 1,300 volunteers currently supported the operations with additional informants providing critical information across communities.
“Crime rates dropped significantly during the last festive period due to our collaboration with law enforcement agencies in the state,” he said.
The Director-General said volunteers would undergo training and screening, with plans underway for formal recruitment through a government employment portal.
According to him, communication tools, including walkie-talkies, and patrol motorcycles had improved rapid response to security incidents.
He commended the governor’s commitment, noting that the initiative would further strengthen security architecture and community safety across the state.
The source reports that some of the dignitaries who graced the occasion were traditional rulers and government officials.
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