Connect with us

Featured

Wike’s N448.6bn Consolidation Budget Excites Rivers People

Published

on

The Rivers State Governor, Chief Nyesom Wike, has presented a N448,660,773,476billion Budget, for 2021 fiscal year to the state’s House of Assembly for consideration and approval.
The proposed 2021 budget christened, “Budget of Recovery and Consolidation”, is made up of N305, 894, 284.061 for Capital Expenditure, while N142,776,489,415 is earmarked for Recurrent Expenditure.
Wike, while presenting the budget to lawmakers at the state House of Assembly in Port Harcourt, last Wednesday, said the N448,660,773,476 budget for 2021 fiscal year represents more than 20 per cent increase over the 2020 Revised Budget of N300billion.
He said the capital expenditure, representing 68.18 per cent of the total budget, comprised: Administrative sector N87, 790,330,011.37; Economic sector N105,077,364,248,.81; Law and Justice N1,742,996,000.00; Social sector N132, 656,033,322.35 and Deductions/Loan repayments of N38billion.
The governor explained that the capital budget would be deployed to advance economic growth and social progress by targeting and prioritizing investments.
He said the sum of N82,957,295,248.81 has been provided for the provision of infrastructure, including roads, bridges, and completion of flyover projects at Okoro-Nu-Odo, Rumuola, Rumuogba, and GRA Junction.
“We will also deliver the Ogoni–Andoni–Opobo Unity Road, the Eastern Bypass dualization, 6th and 7th flyover projects and the Wakama Road as well as all other ongoing rural roads in our communities and local government areas across the state.”
The governor stated that over N6billion has been provided in the 2021 budget to stimulate economic growth through investments in commerce, culture and tourism, mineral resource development as well as address environmental challenges to improve the quality of life of all residents.
Similarly, he said N13,861,407,451.97 has been provided to fund various social and economic investment schemes to support the development of small and medium scale businesses as part of efforts to create jobs and reduce poverty.
The governor noted that economic challenges of the Covid-19 pandemic clearly exposed the state’s vulnerability to food insecurity, hence, the sum of N16,107,080,000.00 would be spent on targeted investments in the agriculture value chain in a bid to create employment and enhance collective food security of the state.
In cognizance that quality public education remains the key to breaking cycles of poverty, the governor said his administration has decided to prioritise education in the 2021 budget with the provision of N30billion to boost infrastructure, enhance access and retention rates and improve educational outcomes in schools throughout the state.
The governor hinted that the state government has provided N25,111,728,000.00 for health care services for 2021 fiscal year.
According to him, government would focus on completing the four zonal referral hospitals at Ahoada, Bori, Degema, Okehi and Omoku, which were all at advanced stages of completion.
Wike explained that the 2021 budget would also prioritise security and sustain the existing efforts in combating insecurity and keeping residents safe and secure.
He said the Recurrent Expenditure of N142,776,489,415 represents 31.82 per cent of the 2021 budget.
Out of this, he said N76,198,906,179 is for personnel costs; N18,863,016,430 for overheads and N47,704,566,804 for grants and transfers to the consolidated revenue charges.
“From inception, this administration has prioritised the payment of salaries and pensions, and I wish to assure our workers, including the proposed 5,000 new enlistments, that they will receive their salaries as and when due in 2021. Ministries, Departments and Agencies (MDAs) are also assured of prompt release of overheads to enable them run effectively and deliver services to the people.”
The governor explained that Nigeria was currently in its second recession in five years with headline inflation at 14 per cent.
However, he said the Federal Government has projected that the country would exit the recession in the first quarter of 2021.
Wike said the policy thrust for the year 2021 budget would be to accelerate economic recovery, drive growth and create opportunities for social progress; enhance human capital development and tackle poverty; build first-class infrastructures to accelerate socio-economic development.
He expressed optimism that the measures in the budget would place the state on a stronger economic footing towards achieving the NEW Rivers Vision for a peaceful, secure, inclusive and prosperous society.
He said the budget would be funded from Statutory Allocation, 13 per cent derivation fund, internally generated revenue (IGR), value added tax (VAT), refunds for federal projects and excess crude oil deductions, domestic and foreign credit as well as grants from development partners.
Commenting on the performance of the 2020 budget, Wike disclosed that at the end of October, 2020, the total net revenue collected by the state was N226,522,031,922.45, representing about 75 per cent overall proportional performance.
“While receipts from federal allocations declined, internally generated revenue overshot the budget projections by over N20billion despite the pause we placed on the payment of taxes by the informal sector and small businesses.”
Excited by the provisions in the presentation, the Speaker, Rt Hon Ikuinyi-Owaji Ibani, lauded Governor Nyesom Wike’s commitment towards transforming the state’s economy.
According to him, generations to come would live to acknowledge his good deeds.
The Speaker further assured the governor that the state lawmakers would diligently consider and pass the budget to facilitate the continued development of the state.
Present at the budget presentation were: Rivers State Deputy Governor, Dr Ipalibo Harry Banigo; Secretary to the State government, Dr Tammy Danagogo; the state PDP Chairman, Amb Desmond Akwor and members of the State Executive Council.

Continue Reading

Featured

WASSCE: RSG Distributes Science Materials To Secondary Schools

Published

on

The Rivers State Government has distributed science equipment and materials to all senior secondary schools across the state to support students during the ongoing West African Examinations Council exams and to strengthen practical learning.

Flagging off the distribution at the Rivers State Senior Secondary Schools Board premises in Port Harcourt, on Monday, the State Commissioner for Education, Dr. Peters Nwagor, said the move demonstrates Governor Siminalayi Fubara’s commitment to improving education standards in the State.

 Nwagor said the materials were approved and provided by the state government specifically to boost the teaching and learning of science subjects, describing science education as the foundation for technological advancement, innovation, and national development.

“No society can compete globally without deliberate investment in science and technology,” the Commissioner stated.

He commended the governor for consistently prioritising the education sector by providing tools needed for effective teaching and hands-on learning.

The Commissioner directed principals to ensure that the equipment are used strictly for practical lessons in their schools, warning that any principal or administrator found diverting, hoarding, or selling the materials wil face disciplinary action under public service regulations.

 Nwagor also warned against examination malpractice,  saying any principal found aiding or encouraging malpractices will be decisively sanctioned.

“We must collectively restore the dignity and credibility of our educational system,” he said.

Also speaking, Chairman, Rivers State Senior Secondary Schools Board, Tony Egwurugwu, urged school heads to make judicious use of the materials for students’ benefit.

He thanked the State Government for providing the resources, and assured that monitoring mechanisms would be put in place to ensure the materials serve their intended purpose.

In his own remarks,  a Board Member for Technical Education, Nwisabari Bani Samuel, expressed appreciation to the governor for prioritising education and acknowledged the Commissioner’s role in advancing education development in the State.

He  said the distribution covers all senior secondary schools in the State and is intended to improve students’ performance in both internal and external science examinations.

Akujobi Amadi

Continue Reading

Featured

Fubara Hails Workers’ Resilience, Dedication In Rivers …Hails Tinubu’s Economic Reform 

Published

on

Rivers State Governor, Sir Siminalayi Fubara,  has commended workers in the State for their resilience, dedication, and invaluable contributions to development in the State.

 

Fubara gave the commendation during the 2026 Workers’ Day celebration at Isaac Boro Park in Port Harcourt, last Friday.

 

Represented by his deputy, Prof. Ngozi Nma Odu, the governor noted that Workers’ Day, which originated from the struggle for an eight-hour workday in the United States, has evolved into a global event recognising the contributions of workers to national growth and development.

 

He described workers as the backbone of sustainable development, saying no society can thrive without their efforts.

 

Fubara commended Rivers workers for their loyalty and commitment to service, noting that workers play vital roles across key sectors, including education, healthcare, infrastructure and industry.

 

He noted that their contributions have enhanced access to quality education and healthcare, supported job creation, and stimulated economic activities across the State.

 

While acknowledging the economic challenges faced by many workers, including the rising cost of living, Fubara assured that the the State Government remains committed to implementing policies that will enhance workers’ welfare and overall well-being.

 

The governor also hailed the bold and daring economic reforms of President Bola Tinubu which, he said, have stabilized the economy, enhanced foreign exchange liquidity, lowered inflation, and achieved significant growth in the nation’s gross domestic product.

 

He noted that, in addition to raising the minimum wage, the President recently approved new welfare incentives for federal civil servants.

 

“Our economy is on an unstoppable positive path under our President, and it can only improve further for the nation and everyone. Let us continue supporting the policies and programmes of Mr President,” he said.

 

Fubara highlighted the importance of workers in revenue generation and governance, noting that taxes paid by workers enable government to provide security and essential social services.

 

He reaffirmed the State Government’s recognition of labour as a critical partner in achieving its development blueprint, appreciating workers’ daily contributions to building a peaceful, secure, and prosperous Rivers State.

 

The governor urged the organised labour to use the occasion to reaffirm its commitment to the progress of the State, while continuing to advocate for democracy, social justice, and improved welfare for workers.

 

He also expressed gratitude to workers for their service to the State and the nation, encouraging them to remain steadfast in their contributions to development.

 

In his address, the State Chairman of the Nigeria Labour Congress, Comrade Alex Agwanwor, commended Fubara for his steadfastness, genuine commitment, and passion for workers in the State.

 

He highlighted key achievements of the administration, including the implementation of the National Minimum Wage Act, the renovation of the State Secretariat, the reopening of the Rivers State Transport Company (RTC), and the consistent payment of end-of-year bonuses to public workers.

 

Comrade Agwanwor noted that workers, as drivers of productivity, understand the challenges involved in building a prosperous Rivers State, stressing that they are well-equipped to contribute meaningfully to the growth and development of the State.

 

“We have resolved not to continue complaining and lamenting while challenges persist. Instead, we must take the initiative, step out of relative obscurity, and rediscover the mission and destiny of our dear state,” he said.

 

 

Continue Reading

Featured

Fubara Pledges Support For Corporate Organisations In Rivers …Says PPP Business Model Responsible For NLNG’s Success

Published

on

Rivers State Governor, Sir Siminalayi Fubara, has pledged the  continued  support of his administration for the Nigeria Liquified Natural Gas (NLNG) Limited.

Fubara gave the assurance while receiving the new Managing Director and Chief Executive Officer of the NLNG, Mr Adeleye Falade, who paid him a courtesy visit at Government House, Port Harcourt.

He assured that his administration would continue to contribute its own quota in support of the NLNG.

According to him, the success of the organisation is equally the success of the government of Rivers State and the success of the Federal Government.

“Our duty is to make sure that we support whoever is operating in our state. We are the ones here. If we don’t support you and you don’t succeed, we also will not succeed and Mr President will also not succeed.

“So, the success of your establishment is the success of our state, and overall success of Nigeria. So you can count on our support. Wherever you think  we need to come in to support you, please do not hesitate to call upon us.

“You just mentioned here that your predecessor left a handover note showcasing the level of support that he got from the state. It is not going to be different in your own case. I can  assure you that.  I will also ensure that other units of the government will  liaise with you when necessary. So even if you can’t get to me, you can always get to them and if there is anything we can do to help your establishment succeed, we will do it for you,” he said.

The governor attributed the success of the NLNG to the Public Private Partnership ( PPP) business model adopted by the Federal Government and the multinational oil companies.

The NLNG is jointly owned by Nigerian National Petroleum Corporation (NNPC) with 49%, Shell Gas B.V. with 25.6%, Total LNG Nigeria Ltd with 15%, and Eni International with 10.4%.

The partnership model allows for shared risks, costs, and expertise in the LNG sector.

The governor noted that the NLNG has not only survived the difficult business environment but has made sustained progress in the nearly three decades of its existence.

According to him, the decision of the Federal Government to allow the multinational oil companies who have the  needed expertise to run the establishment while government plays a supervisory role over it has largely been responsible for its  success.

“I’m very proud to say that if there is one establishment that has shown resilience, that has survived in the face of all the political issues prevalent in this country, it is the NLNG. And what is the reason? The reason is very simple. Government has no business in business. That is the truth. Leave the business for those people who can operate it. Let the government play its supervisory role to ensure that there is compliance with  the laws;  ensure that standards are maintained and also ensure that the right people with the needed  expertise are at the helm of affairs. That’s all. I think that is the reason why we still record a lot of successes in NLNG,” he said.

In his opening remark, the new NLNG boss, Mr Adeleye Falade, who led other top officials of the company on the visit, expressed appreciation to the governor for granting them audience, and appealed to the State Government to continue to support the organisation.

“We appreciate the opportunity to meet with you and deepen this important relationship.We deeply value the support the Rivers State Government continues to extend in fostering an enabling operating environment for businesses. NLNG remains deliberate in its contribution to Nigeria’s development, and Rivers State, our primary host, continues to be central to that commitment,” he said.

Falade said the company has continued to work with its host communities to strengthen their  capacity to identify, prioritise, and deliver sustainable development initiatives that create lasting impact.

According to him, communities including Amadi-ama, Abua, Ekpeye, Okrika, Kalabari, and Emohua have continued to benefit from this model.

He said that beyond community infrastructure, the NLNG  has sustained investments in economic empowerment through initiatives such as Vocational Innovation and Business Empowerment Scheme (VIBES) and  Micro Small and Medium Enterprise (MSME) schemes.

These, he said, were designed  to support small businesses, build capacity, and stimulate local enterprise across the state.

Among officials of the company who accompanied the Managing Director were General Manager, External Relations and Sustainable Development, Dr Sophia Horsfall; Manager, Government Relations, Mr Abdul Umar; Manager, Community Relations, Dr. Yemi Adeyemi; Head of Government Relations, Mr Mike Igoni; Head of Community Liaison and Engagement, Chief Ifeanyi Umeh.

Others are Technical Assistant to Executive Leadership, Mr Hassan Saleh; Senior Media and Publicity Advisor, Mr Emma Nwatu; Government Relations Advisor, Miss Homa Nmegbu; Senior Government Relations Advisor, Mrs Kate Allison, and Audio -Visual Advisor, Mr Dawood Ahmed.

 

 

Continue Reading

Trending