News
Delta Govt Yet To Access N150bn Bridging Finance-Okowa
Delta State Governor, Ifeanyi Okowa , yesterday said the state government has not accessed its N150 billion bridging finance.
The governor disclosed this while speaking to newsmen shortly after inspecting ongoing works at the Koka flyover bridge and interchange in Asaba.
He said that the funds had not reached the state government because the Federal Government has not commenced remittances to the state, contrary to the agreement.
Okowa said that the Koka flyover bridge is among the projects that the bridging finance was meant to cover.
He said, “when the money is available, we will be able to use it to upscale these projects.
“The bridging finance is actually a finance that we already have a source of repayment.
“Rather than allow the depreciation of the Naira or the extension of time at work create a cost escalation for us, our intention is to take a bridging finance and then pay back from the monies that the Federal Government owes us.
“But as at today, we have not even accessed the bridging finance because the repayment plan from the Federal Government, which is supposed to have started by January has not commenced; they have not made any remittances to the state.
“Some states have taken a part of their own bridging finance because we are not the only state involved. But for us, we intend to wait until the refund process starts before accessing the bridging finance.
“So, we have not yet accessed that bridging finance at the moment but we have got the approval of the House of Assembly.
“I hear that some of our brothers who don’t even understand governance, have tried to critique the situation but unfortunately, when some people don’t understand what is in government and how you can save funds for the people, they could talk politics and criticise.
“But I am very confident that whatever we are about to do, we are doing it in the best interest of the state; we are trying to save money for the state, we are trying to save situations where you have cost overrun and cost escalations.
“We do hope that as soon as the first set of refunds come from the Federal Government, we would be able to access the bridging finance to be able to scale up the speed of the major projects that we have as listed before the House of Assembly and utilise the money for some other sources.
“But as at today, we are still coping and we hope that very soon the Federal Government will start the process of refund and we will be in a position to ensure that we speed up all the projects we have”.
The governor explained that a slowdown and depreciation of the naira could be a major disaster because the bridging finance was meant to be a cost saving measure for the state.
On the Koka flyover project, he expressed optimism that the project would be completed in December, 2022.
“I can actually see that work is on schedule and they have gone very far from the briefing that I received from the Commissioner for Works.
“You know that when we came in last, they told me that they would try and finish it in February, next year, but I put a lot of pressure and insisted that we wanted it completed this year.
“The information I received is that they are still working very hard to ensure that they finish the project by the middle of December.
“From what we can see, the super structure of the bridge is already on and a lot of work is being done and by October, it is expected that this would have finished completely.
“And, the work to provide the full interchange with the road network under would also be started in due course. They have promised that they are right on time and that they would be finishing before that end of the year.
“I am quite excited at this because it’s quite important to us. More so, when we are anticipating that the sector C2 of the Ughelli-Asaba road would be completed about the same time.
“If there is free flow of traffic coming from Ogwashi-ukwu end to this place on a dual carriage way, it is important that we also have this completed about the same time.
“We don’t want a clogging of traffic and it appears everything is going on as planned so I am quite happy with the pace of work,” Okowa said.
The Rivers State chapter of the All Progressives Congress Christian Leaders Forum has expressed strong confidence in the capacity of All Progressives Congress (All Progressives Congress) candidates in the state to deliver effective governance if elected into office in the coming elections.
The State Coordinator of the forum, Archbishop Lucky Aroh, made this known during a breakfast and thanksgiving meeting held in Port Harcourt, where leaders gathered to pray for the stability of the party and the safety of its candidates ahead of the 2027 general elections.According to him, the meeting was convened to seek divine intervention for peace, unity, and security among APC candidates across Rivers State.
“Today we are praying for APC stability in Rivers State and the security of our candidates that have been elected to contest the 2027 elections. It is a breakfast meeting,” Aroh said.
He further expressed optimism that the party’s candidates would not disappoint the people if entrusted with leadership responsibilities.
“They will not fail when elected into office. We are here as fathers of the land to let them know, and I must tell you the truth that these are the authentic people that will do well in Rivers State,” he added.
Speaking earlier, the National Chairman of the forum, Professor Olanrewaju Abraham, commended the Rivers State chapter for organizing the programme, noting that the national body of the forum believes strongly in the power of prayer.
He stated that political leadership provides an opportunity to influence society positively, including advancing moral and spiritual values, while expressing confidence that APC candidates at all levels would emerge victorious in the upcoming elections.
Also speaking, the Rivers State Women Leader of the APC, Hon. Darling Amadi, praised the forum for its commitment to prayers for peace, stability, and the protection of party candidates.
Represented by the Deputy Women Leader of the party in the state, she described the initiative as commendable and urged other political and support groups within the party to emulate the gesture in promoting unity and stability.
By: John Bibor, Menebe Emmanuel & Fortune Paibi
Prominent businessman and philanthropist, Elder Anthony Osagwe-Ogo, was celebrated in grand style as he marked his 70th birthday anniversary, with distinguished Nigerians, business leaders, and golf enthusiasts gathering to honour his remarkable contributions to society.
The colourful celebration took place at the Port Harcourt Golf Club, where friends, associates, and well-wishers converged to pay tribute to the revered elder statesman.
Chairman of the occasion, High Chief (Dr.) Ikenna Okafor, described the celebrant as a detribalised Nigerian whose generosity, humility, and commitment to humanity have earned him admiration across different communities and backgrounds.
According to Dr. Okafor, Pa Osagwe-Ogo’s impact on society and the development of his community remains unparalleled. He noted that members of the golfing community are proud to be associated with a father figure who consistently promotes the welfare and well-being of those around him.
He further stated that the history and growth of the Port Harcourt Golf Club cannot be told without acknowledging the significant role played by the celebrant, whose wisdom, encouragement, and leadership have helped sustain the club over the years.
“We are here to celebrate a man who has impacted humanity positively, a peace-loving individual and an epitome of hope for the younger generation. We pray to emulate his virtues. Today, we celebrate a bridge-builder, a trailblazer, and an iconic leader whose life continues to inspire many,” Dr. Okafor said.
He expressed delight at the large turnout of guests from various walks of life, describing it as a testament to the respect and affection Pa Osagwe-Ogo commands within and beyond Rivers State.
In his response, the celebrant, Pa Anthony Osagwe-Ogo, expressed profound gratitude to God for preserving his life and granting him the privilege of attaining the milestone age of 70.
He also thanked members of the Port Harcourt Golf Club, family members, friends, and associates for identifying with him during the celebration and for their unwavering support over the years.
The event featured the cutting of the birthday cake, presentation of awards to deserving members of the club, goodwill messages, and moments of celebration among guests.
The ceremony was attended by notable personalities from the business community, the golfing fraternity, and other sectors, all of whom joined in celebrating the life and legacy of the respected elder statesman.
Rivers State Governor, Sir Siminalayi Fubara, and the Permanent Secretary of the Rivers State Ministry of Information and Communications, Dr. Honour Kuru Sirawoo, have been honoured with awards of recognition in connection with the 2026 Democracy Day celebrations held in Port Harcourt.
The awards, which formed part of activities marking Nigeria’s Democracy Day on June 12, were formally presented on Tuesday at the Ministry of Information and Communications in Port Harcourt.
Presenting the awards was Hon. Abdul Hameed Oladipupo Alli, popularly known as “Mr. Nigeria,” Publisher of Asiwaju Trumpet Magazine and Achievers World International Magazine.
Governor Fubara was recognised for his efforts in sustaining peace, stability, and a conducive political atmospherJohn Bibor / Menebe Emmanuel / Fortune Paibie in Rivers State. The organisers noted that his administration has fostered harmony and strengthened civic participation across the state.
Dr. Sirawoo, on the other hand, was honoured for his exemplary administrative leadership and significant contributions to effective information management within the Ministry of Information and Communications.
Representing Dr. Sirawoo at the presentation ceremony, Dr. Christian Davies received the award on his behalf and expressed gratitude for the recognition. He described the honour as a reflection of Dr. Sirawoo’s unwavering commitment to professionalism, excellence, and dedicated public service.
Dr. Davies assured the organisers that the award would be formally conveyed to the Permanent Secretary.
The event also featured the presentation of commemorative publications highlighting major governance and civic milestones in Rivers State, including Easter celebrations, Workers’ Day activities, the Governor’s third anniversary in office, and Democracy Day programmes.
Organisers of the awards commended the Rivers State administration for what they described as sustained peace, political stability, and improved civic engagement, noting that these achievements have contributed significantly to the state’s continued development.
By: Jessica Sambol
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