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Rivers Tops 2021 Fiscal Performance Ranking

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Rivers State has grossed the top position in the 2021 Fiscal Performance Ranking, beating 35 others states and the Federal Capital Territory (FCT) in the State of States 2021 BudgIT Report.
A close look at the National Fiscal Outlook shows that Rivers State once again topped the overall 2021 Fiscal Performance Ranking despite COVID-19 induced fiscal shocks to its IGR, indicating that the fiscal fundamentals of the state, compared to other states, are more prudently managed.
Two states made it, as new entrants, to the Top 5 category in the overall 2021 ranking – Ebonyi State emerged in second position, up from sixth position in 2020, and Kebbi State emerged in fifth position, up from 11th position in 2020.
The entrance of Ebonyi and Kebbi states into the Top 5 category was driven largely by growth in both states’ IGR as recorded by the National Bureau of Statistics (NBS).
In the 2021 Performance Ranking, two states dropped out of the Top 5 in overall ranking; Ogun State (now 19th) and Kano State (now 22nd), due to a sharp decline in their IGR in 2020.
A closer look at the report shows that the Top 5 States are Rivers (1), Ebonyi (2), Anambra (3), Lagos (4) and Kebbi (5), while the Bottom 5 are Bayelsa (36), Taraba (35), Benue (34), Katsina (33) and Adamawa (32).
The rest of the states are Kaduna (6), Gombe (7), Cross River (8), Edo (9), Kwara (10), Zamfara (11), Sokoto (12), Osun (13), Enugu (14), Abia (15), Nasarawa (16), Borno (17)and Plateau (18).
Others include Ogun (19), Imo ranked 20, Yobe in 21st position, Kano (22), Oyo (23), Akwa Ibom (24), Jigawa (25), Niger (26), Bauchi (27), Kogi (28), Ekiti (29), Ondo (30), and an oil and gas-producing state – Delta- at 31st position.
In fact, three oil and gas producing states – Bayelsa, Delta and Ondo – are in the Bottom 7 of the 2021 Fiscal Performance Ranking, showing shamefully frivolous management of scarce resources accruing to the states in the year under review.
In the States’ Comparative Viability Index, only three states in the country can meet their operating expenses obligations with a combination of their IGR and Value Added TAX (VAT) as measured in BudgIT’s States’ Performance Index Ranking: Lagos, Rivers and Anambra.
The States Performance Index ranked Lagos tops with a score of 0.70, Rivers second with a score of 0.81, Anambra third with a score of 0.99, Ebonyi fourth with a score of 1.08, and Cross River fifth with 1.21 score.
Kaduna scored 1.22 to emerge sixth, Kebbi scored 1.26 to emerge seventh, Osun scored 1.36 to rank ninth, Zamfara scored 1.45 to rank 10th, Plateau scored 1.48 to emerge 11th, Gombe scored 1.49 to rank 12th while Edo scored 1.54 to emerge 13th in the ranking.
Kwara ranked 14th with a scored 1.55, Enugu ranked 15th with a score of 1.66, Oyo ranked 16th with a score of 1.66, Sokoto ranked 17th with a score of 1.72, Imo ranked 18th with a score 1.76, Abia 19th on 1.78 score, Kano 20th on 1.82 score, Borno 21th on 1.99 score, Nasarawa 22nd, on 1.99 score, and Kogi 23rd on 2.09 score.
With a score of 2.18, Bauchi ranked 24th, Yobe scored 2.26 to rank 25th, Niger scored 2.30 to emerge 26th, Adamawa scored 2.33 to rank 27th, Ondo scored 2.33 to rank 28th, Akwa Ibom scored 2.34 to rank 29th, Katsina scored 2.41 to emerge 30th while Ekiti scored 2.47 to rank 31st.
At the Bottom 5 of the States Performance Index, are Jigawa which scored 2.47 to rank 32nd, Delta 2.51 score at 33rd, Benue 2.64 score to rank 34th, Taraba scored 3.23 to emerge 35th, and Bayelsa scored 5.32 to gross 36th.
The BudgIT report urged that states at the bottom of the Index A ranking need to do more to rapidly consolidate on any ongoing strategies to improve their IGR and by extension, their viability as federating entities.
In its ranking of States Performance on Index B which measured availability of public revenue to invest in capital infrastructure after fulfilling repayment obligations to lenders and their government’s operation expenses, the BudgIT report ranked Ebonyi tops with a score of 0.47, Rivers second with a score of 0.48, Kebbi third with a score 0.51, Anambra fourth with a score of 0.53, and Kaduna fifth with a score of 0.57.
States with less revenue left to invest in capital infrastructure for citizens, and also face greater risk of borrowing are Zamfara which scored 0.96 and ranked 33rd, Oyo at 0.98 and ranked 34th, Benue which scored 1.00 and ranked 35th, and Taraba, ranking 36th with a score of 1.19.
However, BudgIT cautioned that “all Nigerian states still need to work hard to build economic prosperity and create more jobs in their states to ensure that there is more money in circulation and economic activities that can be taxed to improve their IGR”.
On the Subnational Debt Outlook, the BudgIT report said that, “Cumulatively, the 36 states total debt burden increased by N472.63billion or 8.78percent from N5.39trillion in 2019 to N5.86trillion in 2020. This increase in total subnational debt was driven largely by exchange rate volatility which saw the value of the Naira jump from N305.9/$1 in 2019 to N380/$1 as at December 31, 2020.”
Its report on the Spending Priorities shows that “based on each state’s 2020 revenue, five states prioritized investment in infrastructure by spending more on capital expenditure than operating expenses. The states are Ebonyi, Rivers, Anambra and Cross River states in the South and Kaduna State in the North.”
The BudgIT report also gave a detailed breakdown of Rivers State’s growth indices over the five-year IGR earning trend from 2016 through 2020, with N85.29billion in 2016, N89.48billion in 2017, N112.78billion in 2018, N140.40billion in 2019 and N117.19billion in 2020.
It showed that gross FAAC revenues stood at NN104.93billion in 2016, N138.15billion in 2017, N172.87billion in 2018, N169.13billion in 2019 and N149.75billion in 2020.
The state’s Year-On-Year Growth rate 2019 through 2020 shows that IGR declined by -16.53percent, Gross FAAC was -11.46percent, while Capital Expenditure was -24.14percent.
Also, the Structure of State of States Recurrent Revenue for 2020 reported N117.19billion in IGR value, representing 43.90percent, against N149.75billion Gross FAAC value, representing 56.10percent.
On the 2020 Spending Priority Index, Rivers State reported a Capital Expenditure of N168.36billion, or 59.70percent against N113.65billion Operating Expenses or 40.30percent.
The BudgIT report also gave an analysis of Rivers State’s Per Capita for 2020, which stood at N14,005 IGR Per Capita; N20,120 Capital Expenditure Per Capita; and N36,291 Total Debt Per Capita.
BudgIT report indicates that “Rivers State’s IGR was still the second highest in the country and accounted for 9.65percent of the total N1.21trillion in IGR generated by all 36 states; it was surpassed only by Lagos State, with an IGR of N418.98billion in 2020″.

By: Nelson Chukwudi

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US Embassy, Lagos Consulate Close Today For President’s Day

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The United States Embassy in Abuja and the Consulate General in Lagos will be closed today, in observance of Presidents’ Day.

The mission made this known in a notice shared on its official X page, yesterday.

“The U.S. Embassy in Abuja and the Consulate General in Lagos will be closed on Monday, February 16, 2026, in observance of Presidents’ Day,” the post read.

According to the embassy, Presidents’ Day was originally established to honour the birthday of the former US President, George Washington, but has evolved into a day to celebrate all U.S. presidents and their leadership in shaping the country’s history.

The embassy noted that the holiday also recognises the influence of U.S. presidents on global affairs.

In a related message, the mission highlighted that Washington created the first “Badge of Military Merit,” which later became the Purple Heart. The medal still bears Washington’s image today.

Presidents’ Day is observed on the third Monday of February annually in the United States as a federal holiday.

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Guterres Backs Nigeria’s Bid For UN Security Council Seat …Hails Tinubu’s Reforms, Regional Security Role

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United Nations Secretary-General, António Guterres, has charged Nigeria with spearheading Africa’s quest for a restructured global order, describing the country as uniquely positioned to lead the continent toward superpower status.

Guterres, who backed Nigeria’s bid for the world body’s security council seat, also praised the economic reforms of the President Bola Tinubu-led administration as well as Nigeria’s leadership in stabilising the Sahel and ECOWAS regions, despite facing its own security challenges.

The UN scribe made the remarks last Friday night during a high-level bilateral meeting with Vice President Kashim Shettima on the sidelines of the 39th African Union (AU) Summit in Addis Ababa, Ethiopia.

Speaking during the meeting, Guterres said Nigeria’s large population, sustained democratic governance, vast natural and human resources, and longstanding commitment to multilateralism placed it in a unique position to lead Africa in the evolving global order.

“Given Nigeria’s demographic strength, democratic continuity and deep resource base, the country stands a real chance of leading Africa to becoming the next superpower in the evolving global architecture,” he said.

The UN Secretary-General and the vice president discussed key developments in Nigeria and the country’s expanding leadership role in promoting regional stability across West Africa and the Sahel.

Guterres commended the remarkable and outstanding reforms of the administration of President Tinubu, noting that Nigeria’s bold economic restructuring and security commitments have strengthened its continental standing.

The meeting focused on strengthening Nigeria–UN collaboration to advance global economic growth, peace and security, sustainable development, and a coordinated humanitarian response across Africa.

In his remarks, Shettima thanked the UN Secretary-General for his leadership in advancing global peace, noting that Africa has benefited immensely from his tenure, even as the United Nations undergoes internal restructuring.

“We remain committed to multilateralism and to deepening our partnerships with the United Nations and other global institutions,” the vice president said.

Shettima also reiterated Nigeria’s longstanding call for comprehensive reform of the United Nations system to reflect evolving global realities.

He emphasised that Africa must have stronger representation in global decision-making structures and declared that Nigeria deserves a permanent seat on the United Nations Security Council.

Both leaders pledged to deepen cooperation, with Guterres reaffirming the UN’s support for Nigeria’s reform agenda and its growing leadership role in advancing peace, security, and development across Africa.

 

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Four To Face Death Penalty Over DPO Angbashim’s Murder

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A Rivers State High Court sitting in Port Harcourt has convicted and sentenced four persons to death by hanging over the gruesome killing of the former Divisional Police Officer of Ahoada East Police Division, SP Bako Angbashim.

The presiding Judge, Justice Sika Aprioku, in a landmark judgment, last Thursday, found the quartet guilty of conspiracy, murder, membership of a secret cult group and robbery, saying the prosecution proved its case beyond reasonable doubt.

Those sentenced to death by hanging are Robinson Sonabari, identified as a native doctor; Bright Okparawo; Precious Amaeze, popularly known as Selina; and Loveday Jack, also known as Ragged Excess. The court ordered that they be hanged by the neck until they are confirmed dead.

Justice Aprioku also convicted the sixth defendant, Samuel Nwadinma, and sentenced him to three years imprisonment for conspiracy.

The third accused person was, however, discharged and acquitted of the four-count charge.

In the same vein, the court discharged Famous Okechukwu, Samuel Uchendu, Oyekachi Ikonwa, Godbless Nnamdi and Marshall Daniel, who were earlier found guilty of membership of a secret cult group, on the grounds that they had already served the maximum terms prescribed by law in the correctional facility.

The court held that among those convicted was the native doctor who allegedly prepared the charm used in the killing of the late DPO.

Speaking with newsmen shortly after the judgment, the lead prosecution counsel from the Rivers State Ministry of Justice, Chigozie Amadi, alongside a representative of the police legal team, Celestine Dickson, commended the judiciary for ensuring that justice was served.

Dickson, who represented the Nigeria Police Force in the joint prosecution, expressed concern that officers saddled with the responsibility of protecting lives and property had increasingly become targets of criminal elements.

He, however, expressed optimism that the judgment would serve as a strong deterrent to would-be offenders.

Also reacting, the elder brother of the late DPO, Akasco Angbashim, who travelled from Nasarawa State to witness the judgment, said the verdict had healed a long-standing wound inflicted on the family since the brutal murder of their brother.

He commended the judiciary, the Rivers State Government and the police for their commitment to justice, stressing that the judgment sends a clear message that no individual has the right to unlawfully take another person’s life.

The four convicts were among 72 persons initially arraigned before the State High Court by a joint prosecution team comprising the Department of Public Prosecutions and the Rivers State Police Command over the murder.

During the trial, 61 accused persons, including the Eze Ekpeye Logbo, Eze Kelvin Anugwo, and a former Ahoada East Council Chairman, Cassidy Ikegbidi, were discharged and acquitted for lack of evidence, leaving 13 defendants to face judgment.

SP Angbashim was gruesomely murdered on September 8, 2023, during a police operation in Odemude community, Ahoada East Local Government Area.

His killing sparked tension in the area, prompting a joint security operation that led to the death of the suspected cult leader, David Okparanwo, popularly known as 2Baba.

By: King Onunwor

 

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