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APC’ll Plunge Nigeria Into Bankruptcy, PDP Govs Alert

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The Peoples Democratic Party Governors’ Forum (PDPGF) says the country’s current debt of over N36trillion was becoming clearly unsustainable.
The governors warned that the All Progressives Congress (APC) administration would plunge the country into avoidable bankruptcy, if rising debt profile was not checked.
The forum of PDP governors made the assertion at the end of their meeting, held at the Government House, Uyo, Akwa Ibom State, last Monday.
In a 14-point communiqué read by Governor Aminu Tambuwal of Sokoto State, who chaired the meeting, the PDP governors frowned at the rising and seemingly uncontrollable debt profile of Nigeria with over 80 per cent of normal Appropriation spent on debt servicing.
“All the gains of the PDP Government under Chief Olusegun Obasanjo, where Nigeria exited its foreign debt obligations, has been destroyed. Borrowing for frivolous items such as funding the Nigerian Television Authority (NTA) is scandalous. Money should only be borrowed for productive purposes as Nigeria’s current debt of over N36trillion is becoming clearly unsustainable relative to our earnings and GDP.”
The meeting also frowned at the opaque manner the Nigeria National Petroleum Corporation (NNPC) carries out its operations, particularly its recent decision not to make statutory contributions to the Federation Account, thereby starving the states and local governments, and indeed, Nigerians of funds needed for employment, development and general wellbeing.
“Under the Constitution, the NNPC is duty bound to make proceeds of sale or business of petroleum available to the Federation Account which belongs to the three tiers of government, excluding reasonable and verified and verifiable cost of operations. The Federal Government through NNPC is a manager of our oil wealth merely as A Trustee for all Nigerians.”
The PDP governors decried a situation where the NNPC decides in a totally discretionary and often whimsical manner, how much to spend, how to spend it and how much to remit to the Federation Account, contrary to the letters and even the spirit of the 1999 Constitution.
In attendance were Governors: Udom Emmanuel (Akwa Ibom); Nyesom Wike (Rivers); Douye Diri (Bayelsa); Samuel Ortom (Benue State); Ifeanyi Okowa (Delta); and Ifeanyi Ugwuanyi (Enugu).
Others were Governors Oluseyi Makinde (Oyo); Ahmadu Fintiri (Adamawa); Godwin Obaseki (Edo); Bala Mohammed (Bauchi); Darius Ishaku (Taraba); Okezie Ikpeazu (Abia); and Deputy Governor of Zamfara, Mahdi Mohd.
The PDP governors demanded that states should have a say in determination of the operating cost of other agencies of government such as Nigerian Ports Authority (NPA), Nigerian Maritime Administration and Safety Agency (NIMASA), Nigerian Communication Commission (NCC), Federal Inland Revenue Services (FIRS), Nigerian Customs Service (NCS), and similar organisations that were statutorily required to make contributions into the Federation Account, to ensure transparency and accountability.
The meeting expressed deep concern that the Central Bank of Nigeria (CBN) was operating as an independent government within a government, which was a pervasion of the autonomy of the bank.
“A situation where CBN creates money, decides how much of it to spend, on what to spend it on without any form of controls or supervision is patently subversive of our constitutional order. It has become not just a Leviathan, but also a Father Christmas of sorts, dabbling into every sphere and scope of governmental activity, not just as a lender of last resort, but as a full executing agency of government.
“The meeting observed that the CBN has become such an octopus that it threatens state governments publicly, without decorum, about sanctions on any attempt to question its Modus Operandi. The CBN should take immediate steps to halt the depreciation of the Naira.”
The forum called for the resignation of the chairman and members of Revenue Mobilisation, Allocation and Fiscal Commission (RMAFC) for failure to send the revised revenue allocation formula that will make more resources available to states and local governments where ordinary Nigerians reside, to President Muhammadu Buhari for onward transmission to the National Assembly for enactment.
The PDP governors, who also examined the suspension of Twitter in Nigeria, condemned the personalised reasons given for the action by the Presidency, and demanded a review of the action in national interest.
“The mere ego of Mr President is not enough for such a drastic action that deprives millions of Nigerians from such an affordable means of expression and communication. We hope that this is not a harbinger or early warning signs of descent into dictatorship.
“The meeting noted that social media regulation can only be done within the existing laws on the subject and should not be used as an attempt to punish or gag Nigerians from enjoying constitutionally guaranteed rights. Nigerian youths do not have adequate access to employment and a lot of Nigerians rely on Twitter for their livelihood, businesses and self-employment.
“This will further worsen Nigeria’s 33% unemployment rate which is the highest in the world, improve Nigerians ranking as the country with second highest poverty rate in the entire world, all of which happened under APC’s unfortunate stewardship.”
The PDP governors observed the emerging threats to the country’s democracy, constitutionalism and rule of law and cautioned the Federal Government to exercise power with restraint.
“The need for law and order is paramount to secure our nation but mindless killings of innocent civilians should be avoided and is hereby condemned. It is in the same vein that the meeting reiterated its earlier revulsion at any attack on security personnel and their property anywhere in the country as a criminal and egregious act for which perpetrators should be brought to book.”
The PDP governors noted with regret that President Buhari seem not to be aware that the coercive instruments of state security is firmly within his hands and not the governors, considering his recent media interview on the subject.
“The meeting reminded Mr. President that he has ultimate authority under the Constitution over security organisations, even though the states have a role to play. Cooperation and synergy between states and the Federal Government in security operations is critical in securing Nigeria. In any case, even though, police is on the Exclusive List, the states, as a practical matter spend huge sums of money to support the security agencies to carry out their duties. The need for an appropriate legal framework to involve the states in policing has become even more urgent by the day.”
The governors further reiterated the call for the National Assembly to expedite action in passing the Electoral Act and Constitution amendments to ensure restructuring and decentralisation of governmental powers and functions.
They extolled the virtues and achievements of Governor Udom Emmanuel for his prudence, and competence in the management of state resources.

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RSG Cancels ?134BN Secretariat Contract, Orders Refund Of ?20BN Mobilisation … Revalidates Four Projects

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The Rivers State Executive Council has revoked the ?134bn contract awarded to the China Civil Engineering Construction Corporation (CCECC) for the renovation, retrofitting, and furnishing of the Rivers State Secretariat Complex by the State of Emergency Administration.

 

The council directed the immediate refund of the ?20bn mobilization fee already paid to the contractor.

 

Relatedly, the Council also approved the revalidation of the bidding processes for four contracts, consisting of the renovation of the State Secretariat Complex, construction of reinforced concrete shoreline protection and reclamation works in several riverine communities of Opobo/Nkoro, and Ogba/Egbema/Ndoni Local Government Areas. The projects earlier advertised for which bid documents were cancelled by the Emergency Administration and fees returned to the companies that had earlier purchased them.

 

The decisions were reached during the State Executive Council meeting held on Thursday at the Government House, Port Harcourt, and presided over by Governor Siminalayi Fubara.

 

Briefing newsmen, the Permanent Secretary, Ministry of Works, Dr. Austin Ezekiel-Hart explained that the contracts had been awarded in a hasty manner without following due process. He said the council, therefore, approved the revalidation of the bidding process for all four contracts that were earlier advertised in national dailies on February 19, 2025.

 

With the revalidation process now on, Dr. Ezekiel-Hart stated that a fresh bidding will be advertised in newspapers for competent and experienced contractors to prequalify and submit both technical and commercial bids.

 

He listed the projects to include, “The construction of 4.8km reinforced concrete shoreline protection and reclamation of Queenstown, Epellema, Oloma, and Minima communities in Opobo/Nkoro Local Government Area in Rivers State. The construction of 2.5km shoreline protection and reclamation in Ndoni-Onukwu, Isikwu, and Aziazagi communities in Ogba-Egbema-Ndoni Local Government Area.

 

“The construction of 2.5km shoreline protection and reclamation in Utuechi, Obiofu, Isala, Ani-Eze, and Odugri communities in Ogba-Egbema-Ndoni Local Government Area. The renovation, retrofitting and furnishing of the Rivers State Secretariat Complex,” he added.

 

Also speaking, the Permanent Secretary, Ministry of Education, Dr. Azibaolanari Uzoma-Nwogu, announced that the council approved the constitution of a committee to develop a proposal for the creation of Computer-Based Test (CBT) Centres and ICT Laboratories across the three senatorial districts of the state.

 

She explained that the initiative is in line with the Federal Government’s directive that beginning in 2026, all examinations conducted by the West African Examinations Council (WAEC) and the National Examinations Council (NECO) will be computer-based.

 

The committee, chaired by the Deputy Governor, has the Secretary to the State Government, Permanent Secretaries from the Ministries of Education, Works, Information and Communications and Commissioner for Energy as members. Dr. Uzoma-Nwogu said the move will prepare Rivers youths for a digital future and improve the quality of education across the state.

 

On issues of employment, the Commissioner for Employment Generation and Economic Empowerment, Dr. Chisom Gbali, said the council reviewed ongoing efforts to create jobs for Rivers youths. He disclosed that his ministry has been directed to develop a framework for job creation and economic empowerment, noting that the government is determined to open up more opportunities for the young population.

 

“We want to assure Rivers youths that there will be a rising tide of employment and steady waves of economic empowerment,” Dr. Gbali said. “We know our Governor, when he makes a promise, he ensures it is fulfilled.”

 

On his part, the Permanent Secretary, Ministry of Information and Communications, Dr. Honour Sirawoo, said council also deliberated extensively on the recent flash floods experienced in some parts of the state. He said the council directed immediate remedial intervention to address the situation, and cautioned residents against the indiscriminate disposal of waste into drainage channels and building on waterways, which worsens flooding.

 

Dr. Sirawoo further noted that Governor Fubara remains deeply committed to the development of Rivers State and determined to accelerate the pace of governance despite time lost. He added that the administration’s renewed focus and energy will soon place Rivers State firmly back on the path of sustainable growth and progress.

 

 

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Fubara Reassures Rivers People Of Completion Of PH Ring Road Project

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Rivers State Governor, Sir Siminalayi Fubara, has reaffirmed his administration’s commitment to the completion of the 62.650km Port Harcourt Ring Road project, despite the setbacks that have slowed its progress.

 

The Governor gave the assurance during an on-site inspection tour of the project on Monday, where he emphasised that the state government remains resolute in its determination to deliver the massive infrastructure for public use.

 

Addressing journalists at the Eneka Flyover axis of the project, Governor Fubara stated that his visit was to verify the level of compliance and commitment shown by the construction firm, Julius Berger Nigeria Plc.

 

Governor Fubara noted that discussions with the contractor had been ongoing to ensure that work resumes at full capacity after a period of financial challenges that affected the project’s continuity.

 

“You are aware that this project was, I won’t say abandoned, but somehow, for lack of funds, the contractor withdrew from the site. We have been discussing with them, and they gave me their word that although we have not finished all the discussions, they have already moved back to site, and I’m here to confirm that.”

 

The Governor described the Port Harcourt Ring Road project, which traverses six local government areas, as one of the most significant infrastructure undertakings in the state’s history, noting that its completion would not only ease traffic congestion in the capital city but also stimulate economic activities across multiple local government areas.

 

Governor Fubara reiterated his administration’s resolve to continue prioritising infrastructure development as a foundation for economic growth and social progress.

 

“I want to make this promise to our good people of Rivers State,” the Governor declared. “This project that we started, by the special grace of God, we are going to complete it. We owe our people a responsibility to deliver on our commitments, and this project will not be an exception,” he added.

 

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Use Service Year To Build Capacity, Fubara Urges Corp Members

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The Governor of Rivers State, Sir Siminalayi Fubara, has charged the 2025 Batch B, Stream II National Youth Service Corps (NYSC) members deployed to the State, to  use the NYSC skill acquisition training programme to build capacity.

 

Governor Fubara gave the charge on Tuesday when he declared closed, the 2025 Batch B Stream II orientation exercise in the State.

 

Represented by the newly sworn-in Secretary to the State Government and Chairman NYSC State Governing Board, Hon. Benibo Anabraba, Governor Fubara enjoined the Corps members to embrace skill acquisition wholeheartedly in order to elevate themselves as wealth creators and employers of labour.

 

“Take Rivers State as your home. Be assured of the warmth, hospitality, and accommodating disposition of the good of our people at all times.

 

“Take the skill acquisition and entrepreneurship development post camp training very seriously and equip yourselves with the capacity to compete favourably in the nation’s huge economic space,” he stressed.

 

The Governor called on the Corps members to see their mobilization into the NYSC Scheme as a fundamental way to provide humanitarian services.

 

“Remember that you owe it to yourself, family, and the nation, the responsibility to serve selflessly and honourably,” he admonished.

 

In his farewell address, the State Coordinator of NYSC, Mr. Moses Oleghe appealed to the Corps members to use the opportunity of the service year to discover their true purpose.

 

He further encouraged them to embody selfless service and empathy in serving the people.

 

The colourful ceremony witnessed a vibrant parade.

 

 

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