Connect with us

Featured

Ibori Loot: Who Should Benefit?

Published

on

There have been mixed reactions as the British government resolved last week to return to Nigeria the sum of $4.2 million (N2.2 billion) funds allegedly recovered from the account of friends and families of former Delta State Governor, Chief James Ibori. The issue being debated around the towns and cities of the country is whether the recovered fund should be used by the Federal Government to facilitate projects or given to Delta State Government, since it was originally allocated to the oil-rich state.
A similar incident is that of late military ruler, General Sanni Abacha’s Swiss refund of $320 million.
There is this argument that since the recovered fund was from the governor of a particular state, then the alleged looted fund belonged to the state since he was the custodian of the state.But another group said that since the fund was released from the Federal Government, then the alleged crime was committed against the Federal Government, moreover the federal is instrumental to the recovery of the looted funds from the UK Government, the Federal Government should benefit.
It is surprising to hear how funds are being carted away from public purse perhaps not directly from those who are in charge of the funds but by their cronies through dubious means. Yet when an ordinary person goes for transactions which involve little funds in the banks, he will be mandated to present regulatory identity cards. Why do the financial institutions note query the source of huge sums deposited in their custody?
Even in the foreign banks where those money are deposited, they don’t scrutinise the account holders bearing in mind that such funds cannot belong to an individual. These are heavy financial crimes involving millions, billions and even trillions that should be used to improve citizens’ lives and then only a few will be in possession depriving others from partaking of it.
Whether the Federal Government or Delta State benefits from the refund, when utilised maximally, must be for the good of all Nigerians.These are not the only cases of looted funds to be recovered, but there are so many that are not announced publicly. Citizens should always speak out on issues like these that bother on people’s welfare.
It is unfortunate that funds that should be used in developing projects that have direct bearing on the masses as well as job creation will be diverted by individuals through any means. The most disturbing aspect of it is that it is the commonwealth of all Nigerians.
Senior Special Assistant (SSA) to the President on Public Affairs, Ajuri Ngelale, had in an interview with journalists, confirmed that the fund would be used to facilitate the 2nd Niger Bridge, Lagos-Ibadan Expressway and the Kano projects.
He said it was a federal crime that has to do with federal law since the money was taken outside the country and advised that people should not be sentimental about it.
A motivational speaker, Pastor Ikenna Ogbuehi, said it is a crime committed against the Federal Government and should be remitted to the federal purse.
Uchenna Chidiadi, a pharmacist, said it will be inappropriate to use the money which was appropriated to a state for the generality of Nigerians. While referring to former Military Head of State, late Abacha’s recovered loot, he said that was a federal fund.
He said that can be shared the normal way federal government allocation is done and advised that the Ibori fund should be returned to Delta State since it would have been raised from internally generated revenue (IGR) or the state’s allocation.
According to a legal practitioner, Efe Odide,the crime committed is a federal crime because the money was taken out of the country and that is why the money was remitted to the federal authority, although it was taken from a state.
A health safety officer, Uduak Udom, said persons who commit such crimes should be arrested and punished, regardless of political affiliation and sentiments, to deter those currently serving from looting public fund. He advised the current Delta State Government to seek some percentage of the fund from the Federal Government.
A social analyst, Mike Obi, said persons who commit such crimes should be set free because they are the products of the society.He referred to the Biblical quotation of training up of a child in the way he should go and claimed that if the child were to be comfortable from the beginning, he would not steal.
An evangelist, Peter Paul, said it is an oppression for federal government to use Delta State money to develop other parts of the country. He insisted that there may be more loot recoveries after this and advised the Federal Government to tackle this particular issue well so that reasonable impact can be made. According to him, citizens are more divided now than before to the extent that when national issues come up, people handle them from the political, ethnic and religious angles.
In the views of Ndiwem Onyedi, a businessman, people must realise that elected office or appointment should be seen as opportunity to serve and not to enrich themselves.He pointed out that nowadays, students abandon schooling for elective positions and added that even those who specialise in various professions have abandoned such for politics.
Onyedi said, as a younger person, he only saw retired public servants contesting even as councillors.
A teacher, Nathan Edu, said since the former Delta State Governor, James Ibori, had served prison term in the United Kingdom, he does not deserve any other punishment.
A businessman, James Okoro, emphasised that nobody was above the law and so should be punished if found wanting. He regretted that when a common man commits any crime the punishment comes swiftly.
Njideka Nathaniel asked: “How can a person who is above 60 years be stealing government money? You don’t sit down and ask yourself, how many years remaining for me to eat up this money? They loot the money and keep it for their children”.
A car dealer, Elijah Ejike, said that those who involve in that kind of fraud should be served capital punishment because, according to him, they are the reason why so many people are impoverished and dying of starvation.
In the words of a financial expert, Nonso Nnamani, looted funds should be returned to the rightful owners. As he put it, this is the fund that was originally allocated to Delta State by a bill passed by the National Assembly in the budget that is a law.  The money should be returned to the state.
He made reference to a report that the money would be used to fund three federal projects – Niger Bridge, Lagos-Ibadan Expressway and Kano projects and advised that Delta State should not be denied the money.
According to him, “Why are you sending the money to other zones. A precedence has been set. When Bayelsa lost their money, it was returned to them. When Plateau lost theirs, it was returned to them. Why is this an exception?”
An enterpreneur, Patricia Bassey, said the money should be returned to the state from where it was stolen. Before now according to her, the Federal Government must have got other funds to facilitate those projects. She wondered what would have happened if the Ibori loot wasn’t recovered. Wouldn’t they have carried out projects?
Her words: “Anyone found looting public fund should be prosecuted. It will serve as a deterrent to others, they will get to know that if you steal from your country even after serving a jail term outside your country, when you get back home, you will be punished. Some persons are thinking that they can engage in crime and get away with it, it is unacceptable. Let the law take its course while the offender faces the jail term.”
Perhaps why this is creating so much argument is that it is crossing borders, it is an international issue which concerns the federal government.
For those who are defrauding business partners, siphoning public funds, pensioners’ funds, among others, it is the commonwealth of the nation that is being stolen.
People should be law-abiding in their dealings as regards business and as public officers. A situation where funds meant for public use will be diverted to private purposes should be discouraged.
Interestingly, the money is going to benefit people who live in the region, especially Niger Bridge and its environs. Sometimes looters would always apologise and return part or the entire loot while in office. As a matter of fact, perpetrators of such acts should be punished because when these funds are removed, the citizens are deprived of the benefits. These funds are so huge that they can be used to provide social amenities.

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