News
Wike Donates N200m To Ariaria Traders
Rivers State Governor, Chief Nyesom Wike, has donated N200million to traders who were affected by the ongoing remodelling works at the Ariaria International Market, Aba, Abia State.
Abia State Governor, Dr Okezie Ikpeazu, who disclosed this while inspecting the ongoing remodelling works at the A-Line section of market, stated that his Rivers State counterpart, expressed sympathy and support to the traders who were displaced as a result of the ongoing work.
Describing Wike as his friend who has stood by him and the Abia people, Ikpeazu explained that he had informed the governor about the ongoing work, and he pledged N200million to assist the traders re-acquire their shops after the reconstruction.
He commended the contractor handling the remodelling works, Blessed Henken International Company, for working in line with specifications and interpreting the government’s vision for the market, and urged him to increase the pace of work to ensure early completion.
Ikpeazu explained that the quality of remodelling work at the market has vindicated his interventionist move to remodel Ariaria market after more than 40 years to make it a true international market.
The governor, who also donated N100million to the traders, explained that the donations were for the first 600 original shop allottees to enable them recommence business.
“Yesterday, I inspected a brand new Government House in Umuahia. The Dr Okezie Ikpeazu administration is the one that will bequeath a new Government House, and remodelled A-Line in Ariaria International Market to the state. I take regular visits to inspect projects where I spend money.
“You need to put speed, but don’t compromise quality because my people deserve the best.
“I told my friend, the Governor of Rivers State, Chief Nyesom Wike, that I’m going to visit Ariaria traders. He was aware that Ariaria International Market is being remodelled. I have friends who can assist my people, and one of them is Governor Wike. He gave me a message for Ariaria traders.
“The message he asked me to deliver is that he will pay N500,000 each for 400 original allottees who are affected by the remodelling works at the market.
“What this means is that he gave N200million to the concerned traders. The contractor will have to deduct it from the money to be paid for shops by the traders. Yesterday, I also approved some money to the traders. I approved the sum of N100million. This money will also be deducted from the money to be paid for the shops. What the two donations mean is that the 600 traders have paid N500,000 each for the shops. The traders will soon pack in, and they will have money to do business.
“The remodelling of A-Line in Ariaria market is almost completed. We have also done Faulks (Ariaria) Road, and we are committed to making life pleasurable for Ariaria traders.
“I will also help the traders to complete their secretariat and commission it. For those who are coming to campaign at Ariaria market, ask them what have they done to assist you? Let them provide evidence of what they have done. Don’t allow them to come and deceive you with their sweet tongue and fake promises. 2023 is the time to show full working.”
First Vice Chairman of Ariaria International Market, Chief Goddy Udunna, who spoke for the executives of the market, commended the governor for the asphalting of Faulks Road, and the remodelling works which have changed the face of the market.
Earlier, some of the affected traders, Obi Collins and Chiabuto Anaba, said they were happy with Ikpeazu’s efforts in remodelling the market and building roads.
They declared that the traders would support the governor’s ambition to represent Abia South Senatorial District at the Senate in 2023, as well as elect Prof Ikonne to succeed him.
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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