Connect with us

News

Rivers Tops 2021 Fiscal Performance Ranking

Published

on

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

Continue Reading

News

Rivers Govt Hails Anglican Church’s Role In Peace, Development

Published

on

The Rivers State Government has commended the Church of Nigeria (Anglican Communion) for its outstanding contributions to the development of Rivers State, particularly in the areas of peacebuilding, education, healthcare, and moral development.
Governor of Rivers State, Siminalayi Fubara, stated that the Church has remained a dependable partner in promoting peace, unity, justice, moral discipline, and social harmony across society.
The Governor, who was represented by the Secretary to the State Government, Dr. Dagogo Wokoma, made the remarks during the thanksgiving service marking the 30th Anniversary and First Session of the 11th Synod of the Diocese of Niger Delta North, held at St. Peter’s Anglican Church on Sunday.
Governor Fubara described the Synod’s theme, “Kingdom Advancement: The Priority of Every Believer,” as timely and relevant, considering the prevailing realities in society.
According to him, the Church continues to play a vital role in shaping societal values and inspiring hope among citizens.
“The Church remains a vital partner in promoting peace, unity, justice, and moral discipline. Its role in shaping values and inspiring hope cannot be overemphasized,” he stated.
The Governor further acknowledged the Anglican Communion’s contributions in education, healthcare delivery, youth empowerment, humanitarian services, and spiritual guidance across communities in Rivers State.
“The Rivers State Government appreciates the invaluable contributions of the Anglican Communion in education, healthcare, youth development, humanitarian support, and spiritual guidance. Your impact across communities in Rivers State continues to strengthen families and promote peaceful coexistence among our people,” he added.
Governor Fubara reaffirmed his administration’s commitment to building a peaceful, united, and prosperous Rivers State where all citizens can thrive irrespective of religion, ethnicity, or social background.
He also urged the Synod to continue praying for sustainable development and progress in Rivers State and Nigeria at large.
Earlier in his sermon, the Guest Minister, Joseph Olushola, spoke on the topic, “Kingdom Investment and Internal Rewards,” urging Christians to remain faithful stewards of God’s blessings and committed to advancing God’s kingdom through service and generosity.
The cleric emphasized that believers are custodians of the virtues and resources entrusted to them by God, stressing that divine rewards are based on faithfulness and impact rather than material possessions.

Continue Reading

News

Shell, MAN Back Rivers’ Drive For Expanded Gas Supply To Industries

Published

on

The Shell Nigeria Gas Limited, in partnership with the Manufacturers Association of Nigeria (MAN), has reaffirmed support for efforts to expand gas distribution infrastructure in Rivers State as part of initiatives aimed at improving access to affordable, cleaner and more reliable energy for industries across the South-South region.
The commitment was highlighted during the SNG–MAN Business Forum held in Port Harcourt, where stakeholders from the industrial and public sectors examined the role of natural gas in driving industrialisation, boosting local production and strengthening energy security.
Speaking at the forum on behalf of the Managing Director of Shell Nigeria Gas Limited, the company’s Head of Gas Distribution, Mr. Chukwuka Amos Ejesi, described natural gas as a critical component of Nigeria’s energy mix and a key driver of sustainable industrial growth.
According to him, Nigeria’s gas development agenda has reached a stage where policy direction must be matched with practical implementation capable of addressing the energy challenges confronting manufacturers.
He noted that pipeline gas offers industries a cleaner, more dependable and cost-effective energy alternative capable of supporting uninterrupted operations, reducing emissions and improving production efficiency.
“Gas is the backbone of manufacturing, and we are encouraged by the growing recognition among stakeholders of the need for cleaner and more reliable energy solutions,” he said.
Ejesi stressed the need for sustained collaboration among energy providers, government institutions and industrial stakeholders to maximise the country’s gas resources for economic development.
He added that improved gas infrastructure would strengthen manufacturing value chains, enhance productivity and promote more competitive industrial operations across Rivers State and the wider South-South region.
Participants at the forum also emphasised the importance of expanding energy infrastructure as a pathway to unlocking industrial capacity, reducing operating costs and promoting sustainable industrial development.
Representing Governor Siminalayi Fubara, the Director-General of the Rivers State Investment Promotion Agency, Dr. Chamberlain Peterside, reaffirmed the state government’s commitment to partnering with private sector investors to revitalise industrial activities in the state.
He identified key projects targeted under the initiative to include the revival of the Ahoada Industrial Park, the New Port City project and the proposed Bonny Industrial Park, all aimed at stimulating economic growth and expanding industrial opportunities along the Bonny corridor.
According to the governor, the long-term vision is to position Rivers State as a leading manufacturing hub in Southern Nigeria through strategic public-private partnerships.
Governor Fubara also commended Shell Nigeria Gas and MAN for sustaining engagements geared towards improving industrial energy access, noting that gas infrastructure development remains central to the state’s economic recovery plans.
He further observed that the gas sector presents enormous opportunities for economic growth, especially as global energy systems continue to shift towards cleaner energy sources.
The governor called on stakeholders to work collectively towards developing a practical and sustainable gas framework capable of supporting the state’s industrial and energy development objectives.

By; Kevin Nengia

Continue Reading

News

Odu Charges Newlyweds To Build Marriage On Love

Published

on

Rivers State Deputy Governor, Prof. Ngozi Nma Odu, has charged newlywed couples to build their marriages on the virtues of love and submission as taught in the Word of God.
Prof. Odu gave the charge at the wedding ceremony of Amblessed Favour Sunny-Cookey and Samson Jesuganji at Lifegate Power Ministries, Dominion Cathedral, in Port Harcourt on Saturday, 16th May 2026.
The Deputy Governor congratulated the couple on beginning a new phase of life together and prayed for God’s blessings upon their union, noting that the couple had been raised by godly parents and encouraged them to uphold the Christian values instilled in them.
Referring to the sermon delivered during the ceremony, Prof. Odu emphasized that the principles of love and submission remain fundamental to a successful marriage.
According to her, genuine love reflects the nature of God, stressing that love should remain the foundation of the couple’s relationship as they journey through life together.
Prof. Odu further prayed for enduring peace, happiness, and progress in the home, expressing confidence that the marriage would continue to flourish under God’s guidance.
The Deputy Governor also commended the families of the couple for their support and upbringing, while urging the newlyweds to always remember the significance of the day and the commitment they had made before God and witnesses.
In his sermon at the wedding, the Founder and Presiding Pastor of Salvation Ministries, Pastor David Ibiyeomie, stated that marriage did not originate from Western culture, traditions, or human ideas, but from God, whom he described as the “manufacturer” of marriage.
According to the cleric, couples seeking lasting and peaceful homes must rely on biblical principles rather than societal trends or assumptions.
He explained that many marital crises and rising divorce rates stem from ignorance and failure to apply scriptural teachings in family life.
Drawing from the biblical parable of building a house on a rock, Pastor Ibiyeomie said the Word of God remains the only solid foundation capable of sustaining marriages through challenges and difficult times.
He noted that marriage naturally comes with unexpected realities and pressures, stressing that religious ceremonies or cultural practices alone are not enough to sustain a home without proper understanding of God’s instructions.
The pastor further warned that ignorance of scripture remains one of the greatest weapons against believers, urging Christians to study and practice the Word of God rather than merely attending church services.
It would be recalled that the bride is the daughter of Pastor Sunny Cookey the Founder and Presiding Pastor of Lifegate Ministries. The Ceremony had lots of Ministers in attendance which includes Apostle Zilly Aggrey, Pastor George Izunwa, and Bishop Winston Iwo

Continue Reading

Trending