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…Explains Why Abia, Benue’re Denied CBN Loans

Rivers State Governor, Chief Nyesom Wike, has threatened to expose some persons who had surreptitiously stopped the release of the loan from the Central Bank of Nigeria (CBN) to Abia and Benue states.
Wike stated that the motive was to punish Governors Samuel Ortom and Okezie Ikpeazu for standing with him to demand for the resignation of the National Chairman of the Peoples Democratic Party (PDP), Senator Iyorchia Ayu.
The Rivers State governor, spoke at the 58th birthday celebration of the Abia State Governor, Dr. Okezie Ikpeazu, in his country home of Umuobiakwa community in Obingwa Local Government Area of Abia State, last Tuesday.
“I will tell you very soon, how money that was supposed to come to Abia State for my friend to use to develop Abia State was stopped recently by those who think they own this country, by those who think Ikpeazu did not support them. Because Ikpeazu supported me, they went and stopped Abia State from getting the money they are supposed to get to develop Ariara market.
“Okezie Ikpeazu is just governor of Abia State. He is not the owner of Abia State. He is just a symbol of Abia State. Anybody who fights Abia State, you’re not fighting Okezie, you are fighting the people of Abia.”
Wike, who was the special guest of honour at the event, was accompanied by former Governor of Ekiti State, Chief Ayodele Fayose.
The Rivers State governor explained that the CBN loan was a facility that was made available to every state of the federation.
According to him, Rivers State Government had accessed and secured the loan already.
“I will tell all of you, how Abia and Benue states were denied of their money that every state had gotten from the Central Bank of Nigeria (CBN).
“I got it (CBN loan). And anybody who dares to stop my money, they know, I will not take it from them. You can see how people are wicked, they are not in office yet, but they are fighting people, stopping state’s money.
“Even as we have criticised President Muhammadu Buhari, he has never stopped our money any day, never.”
Wike frowned at some Nigerians who always carry on as if they were masters over others, and would stop at nothing in daring to treat people as slaves.
The governor stated categorically that nobody can treat him as a slave because, as a Nigerian, he had equal citizen’s status like every other Nigerian.
“Let me tell all of you here, let me use this opportunity and Nigerians will hear. I never told him I will say this. Why would some people think some of us are not Nigerians; some people think some of us are slaves. We would never be slaves. I will never be a slave to anybody.”
Speaking further, Wike, who restated his position on the internal crisis within the Peoples Democratic Party (PDP), said his allies demand inclusivity, wherein every region has a sense of belonging.
Wike emphasised that it would then mean when decision is taken, nobody would see or consider it to be sectional but representational, because neither the North nor the South would be excluded from such process.
“So, I have told Ikpeazu to continue to be quiet and be a professor of proverbs. When we went to London, he told the person who called us to the meeting in London; you see this thing happening to PDP now is like that ship that wanted to capsize carrying Jonah.
“So, as the ship was going down, they went to Jonah, who said it’s me, it’s not the ship, and they took Jonah out of the ship. Jonah did not die. The ship stabilised. So, why not throw this Jonah out so that the ship can stabilise.”
In felicitating with Ikpeazu, Wike lauded the courage and foresight of the celebrant to establish a library that would serve as a resource centre for scholars.
He inaugurated the library and donated N200million.
Wike stated his love for any form of contribution that was made to promote issues of education, and expressed delight in what Ikpeazu had done in immortalising his parents.
“Part of the problem we have in our country is no documentation. We don’t document events. Like he (Ikpeazu) said, if he does not tell his story, some other people will tell it in a wrong way. So, let him rather tell the story.”
He reiterated that he does not associate with people who don’t mean well for their people.
In his remarks, Abia State Governor, Dr. Okezie Ikpeazu, expressed joy that on the occasion of his 58th birthday, he was able to formally inaugurate a library in honour of his late father.
The Pa Ishmael Ikpeazu Library, he said, among others, would house the Dr. Okezie Victor Ikpeazu Scientific Leadership Institute which has kick-started the enrollment of 50 students on fellowship, and a small family museum that had a collection relics of the family’s blacksmith heritage.
“Here, today, I am standing before the Pa Ishmael Ikpeazu Memorial Library. This library is supposed to reflect the ideals of my late father who was a teacher, who said that it is good to provide books for children as toys. If they read them, it’s okay. If they tear some in the course of play, no problem, but always keep a book in the environment of growing child.”
On his part, former Ekiti State Governor, Ayodele Fayose, noted how enduring the library built by Ikpeazuwas because it would stock records of knowledge of the past, and serve as centre for research, while also connecting people across generations.
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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