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Debarment Allowance: Irabor Urges Military Retirees For Patience

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The Chief of Defence Staff (CDS), Gen. Lucky Irabor, has urged retired military officers to show understanding with the Federal Government in the effort to pay them the Security Debarment Allowance (SDA).
Irabor made the call at the 42nd Anniversary Dinner of the Nigerian Defence Academy (NDA) 28 Regular Course Welfare Association on Saturday in Abuja.
President Muhammadu Buhari had in 2017 approved the payment to the military retirees who retired before Nov. 9, 2017.
The deceased military retirees who were alive when the Manual of Financial Administration (MAFA) 2017 was signed, and non-pensionable retirees who retired before Nov. 9, 2017 but were only paid gratuities, are also to benefit.
The SDA, according to Military Pensions Board, was calculated as a function of 10 per cent of the retirees’ annual basic salary as at the time of retirement, multiplied by the number of years served in the services.
The CDS cautioned those who had made unpalatable comments about the SDA to desist from misleading the junior ones, adding that the efforts of the government in that regard should be commended.
According to him, “there are a few toxic commentaries that have been made, which I believe are misrepresented and I think that those of us that are here hearing from me and those who actually know the right thing.
“While appreciating you for changing the orientation of those who have been passing those toxic comments, I need to also encourage that perhaps, they need to go to their creator for forgiveness.
“The reason I say this is, the policy that brought SDA into being was signed on Nov. 9, 2017 and the provisions made therein, caters for those who retired from that day onwards.
“There are issues around policies generally which certainly might not be the best but there will always be room for correction.
“It took the magnanimity of the Commander in Chief, of course a representation that was made to him by the minister, and he was magnanimous enough to look at it again and made the approval that everyone who once served the military should be catered for.
“I think that it is something that I believe is legendary and must be commended rather than having to vilify those who are making effort to ensure that entitlements as enunciated by virtue of that approval is made,” he said.
Irabor further said that the resources disposition of the government should be considered, taking into cognisance the issues of military operations and issues surrounding its Table of Organisation and Equipment (TOE).
“It takes resources to be able to bring our TOE to a reasonable level, to be able to increase the military’s fighting capacity,” he said.
He added that greater attention must be paid to ensure that the tools needed to be able to perform optimally should be given attention.
“And so it was not an easy thing to now muster a total of N132 billion just to pay at once because there are other commitments of government.
“And so approval was given for it to be handled within the period of three to five years, which recently has also been modified for it to be covered in three years.
“So if some of us that should know now go to incite a few others to now to want to take up some kinds of demonstration, that perhaps needs some form of reconsideration
“The first tranche was made early this month, which of course we must continuously appreciate it and of course, the government for this feat.
“So I will like to use this medium to appeal to us, especially on that matter, for it to be put to rest, believing and trusting those who are implementing to faithfully implement it,” he added.
Irabor also commended the retired officers for their invaluable contribution to the peace and stability of the country and urged them to continue to offer their quota even in retirement.
The President, 28 Regular Course Welfare Association, retired Rear Adm. Ndidi Agholor, thanked God for making it possible for them to remain in good health and be able to reunite to celebrate.
Agholor said the association was at its consolidation stage, having made impact in the society, adding that welfare of its members was its main focus at present.
On the debarment allowance, Agholor commended the Federal Government and the Ministry of Defence for being magnanimous in expanding the scope of SDA to cover all retired military personnel.
He said those of them who retired before 2017, when the SDA policy was formulated, were initially excluded, adding that reasons were advanced as to the use of their competencies and skills in retirement.
The president urged the veteran community to exercise patience while government continued to implement the debarment policy, which according to him, will have positive impact on them.
He assured the military authority of the readiness of the veterans to continue to help to secure the nation, especially in ensuring peaceful 2023 general elections.

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RSG Woos Investors As PHCCIMA Unveils Port Harcourt Int’l Trade Fair 

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Rivers State Government has urged investors to invest in the state, saying that Rivers State is currently one of the safest states in Nigeria for business.
The Rivers State Commissioner for Commerce and Industry Warisenibo, Joe Johnson, stated this  during the unveiling of the 18th Port Harcourt International Trade Fair 2025 Logo at the Port Harcourt Chamber of Commerce, Industry, Mines and Agriculture (PHCCIMA) office, in Port Harcourt, last Thursday.
He said that Gov. Siminalayi Fubara’s administration would use the platform to dismantle lingering negative perceptions about the State and assured investors of the rebirth of a conducive business environment.
The Commissioner said that Gov. Fubara had demonstrated commitment in transforming Rivers State from an oil independent economy to a diversified economy.
“Our key intervention include the need to streamline business registration through the Rivers State Investment Promotion Agency (RSIPA) plus infrastructure upgrade across Port Harcourt Eleme, Etche, Oyibo, Ogba Egbema, Ndoni and Khana to link industrial zone partnering with development agency to boost small and medium scale enterprises.
“Gov. Siminalayi Fubara leadership in the State is a turning point in the economic trajectory of Rivers State”, he said.
The Commissioner reacted to complaints of government’s failure many years ago to release the 10,000 hectares of land to the CBN-backed Oil Palm Growers Scheme, saying he would liaise with his counterpart in Ministry of Agriculture to find out about the promise before speaking on it.
He said this is because Gov. Fubara does not promise and fail.
Speaking before the unveiling the logo for the International Trade Fair, the President of PHCCIMA, Dr. Chinyere Nwoga, said that the Port Harcourt International Trade Fair is back and that Rivers State is open, safe and good for business.
She said that the theme for this year trade fair is “Growing Through Innovation and Sustainability: Bridging Markets and Encouraging Disruptions.”
She said the trade fair would commerce from December 12 to 22, 2025, at the Obi Wali International Conference in Port Harcourt, the Rivers State capital.
 Dr. Nwoga emphasised that survival in the contemporary economy demands rapid adoption of technology, digital transformation, and artificial intelligence.
“To run a successful business today, you must innovate relentlessly, embrace technology, and operate on a global stage.
“The fair aims to attract a diverse constellation of participants, multinational exhibitors, diplomats, federal and state agencies, research institutions, manufacturers, trade associations, professional bodies, and the general public.
“Beyond networking and investment matchmaking, the event will double as a pre-Christmas shopping festival, with exhibitors offering substantial discounts to families.
“The 25 trade groups of PHCCIMA cutting across diverse sectors will also be active, conducting seminars.
“A notable innovation this year is the dedicated showcase by Rivers State’s 23 Local Government Areas, each presenting its unique products, agricultural produce, and economic potential.
“From the emerging blue economy opportunities to cutting-edge innovations in the oil and gas sector—still the heartbeat of Nigeria’s hydrocarbon industry—the fair promises to spotlight untapped prospects across multiple sectors.
“Government presence at the logo unveiling underscores the administration’s renewed commitment”, she said.
Earlier, the Director General of the Rivers State Investment Promotion Agency (RSIPA), Dr. Chamberlain Peterside, expressed excitement to be part of the unveiling.
 The DG of RSIPA, traced the history of Rivers State and said the present administration was determined to bring back fleeing businesses.
He said progress had been made and not all businesses were lost, pointing out that NLNG and Renaissance are still in Port Harcourt.
The DG promised assured that the administration would definitely look into the grievances of land owners whose Certificates of Occupancies (C of Os) have been held up because of the emergency rule, and speed up the processes so they too would know that Rivers State is back to business.
In his speech, a  former President of PHCCIMA, Dr. Emi Membere-Otaji expressed happiness that the state government came fully to back the trade fair.
Dr. Membere-Otaji who is now the first National Deputy President of Nigerian Chamber of Commerce, Industries Mines and Agriculture (NACCIMA)  said that the private sector is getting signals that good things are ahead in the State
He advised the governor to strive more to bring back fleeing businesses.
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MAN Tasks Rivers, Bayelsa On Blue Economy

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The 2025 annual general meeting (AGM) and conference of the Rivers/Bayelsa states chapter of the Manufacturers Association of Nigeria (MAN) has come to a close with a strong call for both states to drive the blue economy.

The communique just issued after the AGM pointed to what it called emerging prospects in fish processing, seaweed cultivation, ship repair, and marine technology.

The communique which also mentioned human capital gaps that must be filled through technical and vocational training that are aligned with modern industrial needs, said the blue economy represents a viable pathway for Nigeria’s industrialisation.

It said MAN and Arican Marine Environment Sustainability Initiative (AFMESI) have the capacity to unlock Nigeria’s blue economy sustainably and inclusively, but said the region required dedicated infrastructure upgrades, including roads, waterways, and power.

The communique was signed by Vincent Okuku (Chairman of Rivers/Bayelsa States Branch); Michael Nosa Agana (Branch Vice Chairman/Chairman AGM planning Committee); and Chibuzor Eze (Executive Secretary, Rivers/Bayelsa States Branch).

The resolutions said the future of the Niger Delta economy lies in diversification rather than dependence on extractive industries. “Technology and innovation, value addition and local processing, strategic infrastructure, and a skilled workforce are essential pillars for the future of manufacturing in the region.

“Governments in the region must intensify support for manufacturing activities. Various forms of collaboration across sectors should be actively encouraged.”

It specifically advised Bayelsa and Rivers States to fully develop and harness the blue economy as strategic gateways for sustainable growth; and called for cross-border partnerships with neighbouring states to enhance trade, security, and environmental management.”

The Rivers/Bayelsa States branch of MAN held its first (41st) AGM outside Port Harcourt for the first time, hosted by Bayelsa State Government at the Chief D.S.P. Alamieyeseigha Memorial Banquet Hall, with the theme: ‘Trade, Technology, and the Future of Manufacturing in the Niger Delta.’

In his welcome address, the chairman of the branch, Okuku, commended the Bayelsa State Government under the leadership of Gov Douye Diri for its efforts in industrial development, investment promotion, and strong partnership with the private sector.

He also acknowledged the Rivers State Government for its commitment to rehabilitating industrial clusters, improving access roads, and delivering key infrastructure.

He, however, expressed concern over persistent challenges such as high energy costs, unreliable electricity supply, weak transport systems, rising logistics expenses, multiple taxes and levies, inconsistent regulatory frameworks, and pressure from host communities, which continue to hinder manufacturing growth in both states.

The President of MAN, Francis Meshioye, noted that the Niger Delta, with its abundant resources and strategic location, holds vast potential for industrial expansion. He called for policy frameworks that promote local manufacturing, enhance trade, and attract investments to the region.

Goodwill messages were delivered by the Minister of the Federal Ministry of Regional Development, Abubakar Momoh, represented by Wasa Festus, Director of Community Development and Education. Another goodwill message was also presented by the Bayelsa State Commissioner for Trade, Industry and Investment, Ebieri Jones.

In his remarks, Gov Diri praised MAN for its contributions to Nigeria’s manufacturing sector, noting its resilience, innovation, and strategic role in national development. He stated that the conference theme aligns with his administration’s mantra of “Assured Prosperity.”

Gov Diri offered 24-hour service to manufacturers wishing to relocate to the state, and highlighted the State’s ongoing transformation through deliberate investment in infrastructure, security, and human capital aimed at positioning Bayelsa State as a hub for industrial growth, particularly in the blue economy, agriculture, and manufacturing.

He further noted that hosting the 41st AGM fulfilled a long-desired aspiration of the State following the successful 2024 MAN event in Port Harcourt, Rivers State. He officially declared the exhibition open.

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NELFUND Warns Students Against Fake Loan Portal

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The Nigerian Education Loan Fund has alerted the public to a fraudulent message circulating online, claiming that the NELFUND Student Loan Registration Portal is open.

The message directs applicants to a third-party link (http://gvly.xyz/Nelfund-Student-Loan, which NELFUND confirms is unauthorised and fraudulent.

In a post obtained from its X handle, yesterday, NELFUND urged students and the general public not to click on the link or provide any personal information, emphasising that the official loan registration portal is only accessible through the Fund’s verified channels.

The agency reminded applicants to exercise caution online and to report any suspicious links or communications claiming to be from NELFUND.

“Applicants are encouraged to always verify official announcements via NELFUND’s official website and social media channels,” NELFUND said.

This advisory comes as part of NELFUND’s ongoing efforts to safeguard students and ensure the integrity of the student loan application process.

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