Politics

Uba Vows To Sue Obiano Over N25bn Bond

Published

5 years ago

November 23, 2020

Senator representing Anambra South Senatorial District in the National Assembly, Ifeanyi Ubah, has threatened legal action against Governor Willie if he fails to give account of a N25billion promissory notes allegedly collected by his administration from Debt Management Office , DMO in 2018 and 2019, as reimbursement for projects executed on behalf of the federal government in the state.

The Senator who spoke to journalists in Abuja over the weekend gave the state government 72 hours to give an explicit account.

Senator Uba had expressed dismay that the state Commissioner for Information and Public Enlightenment, Mr. C-Don Adinuba, had denied that it ”has not raised any money from the Debt Management Office or the Federal Ministry of Finance under a bond, or any financial instrument from any institution or organisation.”

A statement issued last week in Awka by the state commissioner also read in part: “Our record of prudent financial management and integrity is well acknowledged far and near. It is tough to speculate how the senator came about the phantom N25billion bond which Anambra State purportedly raised surreptitiously from the DMO/Federal Ministry of Finance,”

Ubah who displayed documents duly signed by the Director General of DMO, Patience Oniha and the Minister of Finance, Zainab Ahmed, said that the N25, 244, 306, 091.90 is expected to be paid in two instalments, lamenting that N16.1billion only was actually paid the state government having wasted N8, 850, 000, 000 as total discounts for the transactions.

“The governor paid banks over N8billion in order to cash out the promissory notes before their maturity dates, thereby ensuring that Anambra lost the amount from the transactions,” he said.

According to the documents obtained from the DMO by the lawmaker following his request for a copy, amount and tenure of the promissory notes, the sum of N10, 097, 722, 436.90 was issued to the state government on December 28, 2018 but would mature on December 28 this year as the first instalment while N15, 146, 583, 655.00 as the second instalment billed for maturity on April 1, 2022 was issued on April 1, 2019.

The response from DMO with reference number DMO/PMD/598/S.4/III/881 and dated November 16, 2020 to the Senator read:

“The Distinguished Senator may wish to be informed that these were the only promissory notes issued to Anambra State Government which fully settled the outstanding claims of the state as approved by the Federal Executive Council and the National Assembly”.

Senator Ubah further alleged that “in order for Governor Obiano to cash out on the N25billion that hasn’t matured, he had to terminate the deal by given up 15% of the total sum per annum.”

The Senator further explained that “the governor paid about N3billion in bank charges for N10billion on the first promissory note which has a tenor of two years and paid another N4.5billion on the N15billion for the second promissory note which has a tenor of three years.”

The lawmaker, however, vowed to petition the state House of Assembly after which he would sue the governor if he fail to open up on the bond and give Ndi Anambra South their own portion of the money as refund for damaged roads rehabilitated by them in the district.

He argued that “the road projects for which the N25billion was collected were executed by the administrations of Governors Chris Ngige and Peter Obi on behalf of the federal government as part of their infrastructural development of Anambra State.”

Senator Ubah also informed that Obiano used the Federal Commissioner for Works in the state to stop him from rehabilitating some damaged roads in his constituency while the governor has also refused to pay attention to the roads till date.

By: Nneka Amaechi-Nnadi, Abuja

Politics

Rivers Assembly Resumes Sitting After Six-Month Suspension

Published

3 days ago

September 19, 2025

The Tide

The Rivers State House of Assembly yesterday resumed plenary session after a six-month state of emergency imposed on the state by President Bola Tinubu elapsed on Wednesday midnight.

President Bola Tinubu had lifted the emergency rule on September 17, with the Governor of the state, Siminalayi Fubara, his deputy, Ngozi Odu, and members of the state assembly asked to resume duties on September 18.

The plenary was presided over by the Speaker of the House, Martins Amaewhule, at the conference hall located within the legislative quarters in Port Harcourt, the state capital.

The conference hall has served as the lawmakers’ temporary chamber since their official chamber at the assembly complex on Moscow Road was torched and later pulled down by the state government.

The outgone sole administrator of the state, Ibok-Ete Ibas, could not complete the reconstruction of the assembly complex as promised.

Recall that on March 18, President Bola Tinubu declared a state of emergency in Rivers following the prolonged political standoff between Fubara and members of the House of Assembly loyal to the Minister of the Federal Capital Territory, Nyesom Wike.

He subsequently suspended the governor, his deputy, Ngozi Odu, and lawmakers for six months and installed a sole administrator, Vice Admiral Ibok-Ete Ibas (rtd.), to manage the state’s affairs.

The decision sparked widespread controversy, with critics accusing the president of breaching the Constitution.

However, others hailed the move as a necessary and pragmatic step.

Politics

2027: Bayelsa APC Adopts Tinubu As Sole Candidate … As Lokpobiri, Lyon Shun Meeting

Published

1 week ago

September 12, 2025

The Tide

The Bayelsa State Chapter of the All Progressives Congress(APC) have passed a ‘Vote of Confidence’ on President Bola Tinubu and also adopted him as sole candidate of the party for the 2027 presidential polls.

Speaking in Yenagoa, the state capital, during the ’12th Expanded Stakeholders’ meeting of the party, the APC National Chairman, Prof. Nentawe Yilwatda, stressed the importance of the state’s chapter of the party to its national leadership.

Represented by the party’s Deputy National Chairman (South), Chief Emma Eneukwu, the National Chairman urged all stakeholders to unite to secure victory for the party, come 2027 general elections, adding that the party will give the state chapter the necessary support it requires to win in all future polls.

He appealed to aggrieved leaders of the party in the state to jettison their differences and tow the path of peace, describing the reconciliatory move as commendable while promising that the party’s national leadership will do all within its powers to ensure its success.

“President Tinubu is a pragmatic leader, and a progressive determined to transform Nigeria for the betterment of all. The developmental strides recorded by the president is attracting governors and National Assembly members from the opposition into the APC.

“We’ll ensure that the interest of the

party is managed. Bayelsa is important to our party, and we must do whatever we have to do, for the victory of the party in the state. We have a very good candidate in the president and that is why the South- South governors are taking the lead to join our party in support of the president for his reelection”, he said.

“Mr. President is on the move to take Nigerians to the promised land, and the only way to achieve this is in unity. The leadership of the party in the state need to show more tolerance and carry everyone along. Other state governors in other regions that are not in our party will soon join us, so that if the president is returned, everything will go smoothly.

“I want the former governor of the state, Chief Timipre Sylva, to personally lead the reconciliation so we can achieve the unity we desire. Forget all differences and bring everyone together”, he added.

Also speaking, the leader of the state chapter of the party and former Minister of State, Petroleum Resources, Chief Timipre Sylva, noted that the national secretariat of the party had not treated the state fairly, noting that if the national leadership of the APC had given the state the support it needed, the party would have achieved more.

Chief Sylva called on absentee leaders of the party at the meeting, particularly Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, and former Governor-elect of the State, Chief David Lyon, to close ranks and work with other leaders to move the party forward.

“I wonder why the Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri and former Governor-elect, Chief David Lyon are not here. We’re all Bayelsans, we’re all Ijaw people, they should come and let’s work together for the greater interest of the party. We did well in 2023, but not what we expected.

“2027 is already a done deal, if we have the support of the national leaders of the party. Today we’re more ready than ever before.The only thing we lack is support from the party at the national level. With your support we’ll be the strongest, and nobody will be able to stand us in elections”, Chief Sylva said.

In his remarks, the Managing Director /Chief Executive Officer of the Niger Delta Development Commission (NDDC), Chief Samuel Ogbuku, noted that most people thought the party was no more in existence, but that the NWC could see that the party is alive and kicking.

“Reconciliation is on and those in charge are doing well. The party has members in the state who were ‘victory-hungry”, he said.

Earlier, State Chairman of the party, Dr Dennis Otiotio, said the meeting was to critically appraise the performance of the president and also adopt him as the sole candidate of the party for the 2027 presidential election.

By Ariwera Ibibo-Howells, Yenagoa

Politics

Alleged Smear Campaign Against Yakubu, CSOs Demand Apology From Uzodimma

Published

1 week ago

September 12, 2025

The Tide

The Transparency and Accountability Rights Initiative, a coalition of Nigerian Civil Society Organizations (CSOs), has issued a strong condemnation of Imo State Governor Hope Uzodimma, accusing him of orchestrating a malicious smear campaign against the Chairman of the Independent National Electoral Commission (INEC), Professor Mahmood Yakubu, and development advocate Dr. Chima Amadi.

During a press conference held in Owerri, the coalition called the campaign a “dangerous and shameful display” designed to distract the public from the governor’s performance in office.

The CSOs directly linked the Greater Imo Initiative (GII) —the group that made the allegations on September 4, 2025—to Governor Uzodimma, describing the group as his “mouthpiece and attack dog.”

“Every word spoken against INEC was spoken on his behalf.

“By falsely alleging that Professor Yakubu has an alliance with Dr. Amadi to compromise the 2027 elections, Uzodimma has not only maligned a man of proven integrity but also assaulted the very foundation of our democracy”, said Dr Agbo Frederick, speaking for the coalition.

The coalition described Professor Yakubu as a “beacon of electoral professionalism” and called the attempt to soil his reputation “defamatory and a national security risk.”

They also defended Dr. Amadi, a “respected development scholar,” stating that the governor’s accusations were “laughable, desperate, and dangerous.”

The CSOs see the motive behind the campaign as an attempt to “silence the dissent, intimidate the opposition, and divert attention from the governor’s abysmal record in office.”

The coalition issued four key demands to Governor Uzodimma: An immediate retraction of the false and defamatory allegations against Professor Mahmood Yakubu and Dr. Chima Amadi.

A public apology to both men within seven days, to be published in at least three national newspapers and broadcast on major television networks.
An end to diversionary tactics and proxy propaganda.
A renewed focus on governance, including addressing insecurity, unemployment, and poverty in Imo State.

The CSOs warned that failure to comply would force them to “review our position with a view to seeking legal redress from Governor Uzodimma for defamation, false accusation, and reckless endangerment of lives.”

“Governor Uzodimma must be reminded that he did not find himself in the seat of power to chase shadows.

“We call on all Nigerians to reject Uzodimma’s diversionary antics as they are nothing short of desperate plots by a government terrified of accountability”, the statement concluded.