News
Wike Pledges To Divest RSG’s Equity Share In Cassava Processing Firm

The Rivers State Governor, Chief Nyesom Wike, says seed money has been earmarked by his administration to encourage massive cultivation of cassava across the state.
Wike made the promise at the inauguration of the Rivers State Cassava Processing Plant at Afam Town in Oyigbo Local Government Area of the state, last Thursday.
The governor stated the willingness of his administration to encourage proper cultivation of the vast fallow land available in all local government areas of the state to ensure that the processing plant does not lack raw materials.
He said the seed money would not be administered like previous grants offered by the state government, but will be given to genuine farmers after being verified and encouraged to increase production volume of cassava in the state.
“The other day, I went to see one of my friends. I went to his farm of over 56 hectare of land. He’s trying to cultivate cassava and I was very impressed.
“And I told him, that government will identify and verify those genuinely involved and are registered as cassava producers. Apply to us that you want to farm one hectare of land for only cassava.
“Government will give them seed money to continue farming cassava so that there will be no problem of cassava supply to this plant.”
Wike explained that it is no more fashionable for youths and leaders of local government councils to be content raising revenues from stickers.
He urged them to avail themselves of opportunities offered by the cassava processing plant.
He solicited for more loan from the Central Bank of Nigeria (CBN) to consolidate the visible gain that has been made already in boosting agriculture in the state.
The governor assured that any of such loans from the banks will be paid off before he leaves office as he has already made a commitment not to leave any burden for his successor.
Wike commended Shell Petroleum and Development Company (SPDC) and the Dutch Government for their courage to partner with the state government to actualise the project, and assured that the company would be allowed to operate as a profit-making private venture.
“So, government will make sure that we do not own more than 10 per cent of equity shares. This will enable the company to run profitably, make revenue, pay taxes and create employment.”
Inaugurating the facility, the Minister of Agriculture and Rural Development, Alhaji Mohammed Sabo Nanono, said the plant has become a direct respond to addressing the challenges of food security in Nigeria.
He said his ministry continues to engage bakers on the need to embrace import substitution of wheat and flour by incorporating 10 per cent of cassava flour in their baking activities and the Rivers State Cassava Processing Plant was now available to satisfy that need.
“On behalf of over 15,000 registered farmers in this state and others in neighbouring states, I thank you for this project. Rivers State Government has become pacesetter in this collective efforts of making agriculture work in Nigeria.
“I wish to announce my support by giving cassava farmers with high quality 10,000 stems of cassava cuttings from the National Root Crops Research Institute, and will be delivered to the governor as soon as position.”
In his speech, Governor of Central Bank of Nigeria (CBN), Godwin Emefiele, said most manufacturing companies today that import either glucose, starch or any other cassava byproducts would be happy to source their demands from this new plant.
With this efforts, Emefiele noted that what was a mere potentials have become a reality towards developing cassava into various byproducts that are needed for the industrial development of Nigeria.
The CBN governor explained that companies like Nestle that import starch and glucose should now begin to procure these raw materials from Nigeria to enable the country save foreign exchange.
Speaking on behalf of the Country Chair of Shell Companies in Nigeria, Osagie Okumbor, the General Manager, External Relations, Shell Nigeria, Igo Weli, said experts have said that the local value-addition to cassava via local manufacturing and processing could potentially unlock about $16million in taxes to the government.
“With the Rivers Cassava Processing Company Limited, Shell hopes to support the Rivers people to earn much more revenue from the cassava value chain as the company utilises leading technology to process and create more added value from this crop.
“Today, we have the Rivers Cassava Processing Company Limited that will process cassava into High Quality Cassava Flour via a unique split processing technology based on the operating principle of taking the factory to the farm gates rather than having the farmer bring the cassava tubers to the factory gate.”
News
Independence Anniversary: Nigeria Is A Failed Grandfather – Monarch
A first class traditional ruler in Rivers State, His Royal Majesty, King Aaron Ikuru, has described Nigeria at 65 as a grandfather who cannot provide leadership to other African Countries.
The monarch stated this in an interview at his palace in Ikuru Town, yesterday.
According to him, Nigeria would have been a developed country to set the pace in the whole of Africa, considering its numerous resources.
“Nigeria is a grandfather but not behaving as a grandfather. Our country, Nigeria, before and from the era of Independence was in the state of becoming a great country, but unfortunately is not becoming anything.
“We should be far ahead with what we have in the country. God blessed us, we have almost what it takes in terms of mineral resources, manpower amongst others that can drive speedy development in the country.
“If we’re able to harness all the things we have, even America by now would have respected us”, he said.
While blaming the past leaders of the country, the monarch called on the current leadership of the country to redouble efforts in order to narrow the differences in terms of development, exchange rate between naira and foreign currencies.
King Ikuru, who is also the Chairman of Andoni Area Traditional Rulers Council, however, lauded the efforts of the founding fathers, past leaders of the country for the achievements so far.
He also expressed optimism that Nigeria would be great, calling on the opinion leaders to shun tribalism and political intolerance in the country.
“If Nigeria should experience rapid development in all sectors, it means we must shun tribalism and political intolerance, the interest of our country must be our priority.
“We need to fight corruption vigorously, and leaders must show good example of discipline and integrity”, he said.
The monarch used the opportunity to wish Nigeria happy independence anniversary.
By: Enoch Epelle
News
FG begins payment of N32,000 pension increment to retirees – PTAD
The Pension Transitional Arrangement Directorate has announced the start of implementation of the new pension increments for pensioners under the Defined Benefit Scheme, saying the adjustments will be reflected in the September 2025 payroll cycle.
In a statement signed by Management and posted on its X handle, PTAD said the increase package includes a fixed N32,000 payment alongside percentage increases of 10.66% and 12.95% for eligible categories, which will benefit about 832,000 pensioners under its management.
Recall that PTAD in August announced President Bola Tinubu approved a series of measures, including new welfare benefits for pensioners under DBS.
The approval follows a formal request by PTAD’s Executive Secretary, Tolulope Odunaiya, seeking an emergency budgetary allocation to implement pension reforms and welfare benefits for the scheme’s retirees.
The measures include a N32,000 pension increment, percentage increases for pensioners of defunct and privatised agencies, pension harmonisation for all DBS pensioners, enrolment into the National Health Insurance Scheme, and the settlement of long-standing unfunded pension liabilities.
In a statement yesterday, PTAD said the partial release of N820.188 billion by the Federal Ministry of Finance from the emergency funding has made it possible for pensioners to begin receiving the enhanced payments immediately.
The statement read, “Further to the President’s approval of the emergency budgetary allocation for the payment of the new pension increment rates for Pensioners under the Defined Benefit Pension Scheme (DBS) that was earlier published by the Pension Transitional Arrangement Directorate on Friday, 8th August, 2025, the Directorate is delighted to announce the commencement of the implementation of the 832,000, 10.66% and 12.95% pension increment for eligible pensioners under the management of PTAD, in the September 2025 pension payroll cycle.
“This achievement has been made possible through the partial release of 820.188 billion by the Federal Ministry of Finance, from the initial 845 billion emergency funding approval granted by the Federal Government.
“This milestone clearly reaffirms the Federal Government’s dedication to safeguarding the welfare and entitlements of DBS Pensioners in line with the Renewed Hope Agenda.”
The directorate thanked President Bola Ahmed Tinubu for approving the emergency allocation.
It also acknowledged the role of the Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun; the Minister of State for Finance, Dr Doris Uzoka-Anite; the Accountant-General of the Federation and key presidential aides and parliamentary committees for their “timely interventions” and support.
The statement also expressed appreciation to organised pension groups, including the Nigeria Union of Pensioners and the Federal Parastatals and Private Sector Pensioners Association of Nigeria, for their cooperation during negotiations and implementation planning.
“We further assure all our DBS Pensioners and Stakeholders that the Directorate will continue to collaborate with the relevant authorities towards release of the outstanding approved funds and subsequent fulfilment of all future obligations relating to the pension increments and the landmark reforms,” the statement added.
The DBS covers pensioners who retired before the introduction of the Contributory Pension Scheme in 2004, including those from defunct public institutions, privatised agencies, and treasury-funded parastatals.
Over the years, many have faced irregular payments, delayed harmonisation, and inadequate healthcare access, challenges that the new reforms are expected to address.
News
Nigeria At 65: NOA urges citizens to foster unity, progress
The National Orientation Agency (NOA) has urged Nigeria. citizens to remain united, peaceful to enhance development of the nation as it celebrates 65th independence anniversary.
Mr Mkpoutom Mkpoutom, Director of NOA in Akwa Ibom, gave the charge in Uyo yesterday while addressing newsmen and stakeholders to mark the anniversary.
Mkpoutom said it was essential to recognise that the strength of Nigeria lay in its diversity
“With over 250 ethnic groups and an array of languages, the nation embodies a unique blend of heritage.
“This diversity should be seen not as a dividing line but as a unifying force that propels the country toward progress.
“As Akwa Ibom embarks on another year, it is crucial for all citizens to foster a sense of unity and shared purpose.
“Embrace dialogue, understanding and collaborate with the Renewed Hope Agenda of President Bola Tinubu in its efforts to addressing pressing challenges like poverty, security, education, and healthcare, thereby paving way for a brighter future for all.”
The state director, however, appealed to Nigerians from all walks of life to renew their commitment to a more prosperous, peaceful, and equitable nation.
“Let this anniversary serve as a reminder of the collective strength that lies in every citizen,” he said.
He urged everyone to contribute positively to the development of a better society.
Mkpoutom urged the people and all citizens to honour the labours of heroes past, as they celebrated the present, while working diligently toward a future filled with hope and opportunities for generations to come.
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