Niger Delta

Weekend Banking Excites Edo, Delta, Bayelsa Customers

Published

3 years ago

March 29, 2023

Most commercial banks in Edo, Delta and Bayelsa States opened for business at the weekend in compliance with the Central Bank of Nigeria (CBN) directive.
The Tide source reports that the CBN had on Friday, confirmed the evacuation of banknotes from its vaults to Deposit Money Banks (DMBs) across the country.
In a statement issued by Dr Isa AbdulMumin, the Acting Director, Corporate Communications, the apex bank also directed all DMBs to open for operation on Saturdays and Sundays to meet their customers’ demands.
According to AbdulMumin, a substantial amount of money in various denominations has been received by the banks for onward circulation to their customers.
“The CBN has also directed all banks to load their Automated Teller Machines (ATMs) as well as conduct physical operations in the banking halls through the weekends.
“Branches of commercial banks will operate on Saturdays and Sundays to attend to customers’ cash needs,” he said.
A survey conducted by The Tide’s source in the three states saw customers on queues, with bank officials making efforts to meet their cash needs.
The banks were, however, dispensing the old Naira notes.
The source reports that while the banks were paying over the counter, the Automated Tellers Machines (ATMs) were also dispensing cash simultaneously.
Some of the customers, who spoke to the source pleaded that the banks continue to work at weekends so as to increase the Naira notes in circulation nationwide.
The respondents also appealed for increase in the daily withdrawal limit, saying the approval of between N10, 000 and N30,000 was not sufficient to keep small business operators afloat for now.
In Benin, almost all the banks were open for business.
A customer, Miss Destiny Obeh, said she was able to withdraw N20,000 from Access Bank, as there were only a few customers at the bank.
“I don’t think many people are aware that banks are working today because the queue is very short, unlike during the weekdays.
“But people have started calling their friends and relatives to come to the bank to withdraw cash”.
Another customer, Mr Prince Efosa, said he was happy to have collected N10,000 from Zenith Bank without wasting much time at the bank.
“I usually spend up to three hours waiting to collect money at the bank, but today, I spent less time.
“I am happy that the cash crunch is easing off, the situation was really bad at the market yesterday (Sunday).
“Some Point of Sales (POS) operators at Ikpoba Hill Market charged as high as N4,000 to withdraw N10,000 yesterday, and this was really terrible,” he said.
Mrs Iyobosa Bello, while expressing happiness with the new development, urged the CBN to increase the daily withdrawal limits.
“I like the cashless policy, that is what I use for my cloth business but the network can be really bad sometimes, affecting transactions.
“I went to the market to buy goods two days ago but transfer did not work, I then went to the bank and I was told that I could only withdraw N10,000 which was not enough to pay for the goods I wanted to buy.
“I was unable to buy the items and I went home disappointed.
“So the CBN should make enough cash available and remove the daily withdrawal limits to enable small businesses like mine to grow for now”, she said.
In Warri, Delta, many of the commercial banks opened their doors to customers between the hours of 9 a.m. and 11 a.m.
The source reports that most customers were able to withdraw between N10,000 and N40,000.
An official of one of the banks expressed joy at the smooth conduct of the exercise, adding that customers were happy with the development.
“We opened for operations at 9 a.m. on Saturday and Sunday in line with the directive of the CBN. We disbursed the amount requested by the customers and we do not discriminate,’’ the staff said.
Mr Anthony Onajite, a customer, said he was able to withdraw the sum of N50,000 he filled out in his withdrawal slip.
In Asaba, it was, however, different as some banks did not open, though their ATMs were dispensing cash but had long queues.
Some of the customers, who spoke, said the CBN directive had reduced the sufferings caused by the currency swap in the last one month.
According to Mrs Jane Umukoro, I cannot remember the last time I used the ATM until today.
“I am so happy. I decided to give it a trial after closing from the church and within one hour, I was able to withdraw N10,000.’’
“I am happy to an extent because it has been a challenge even getting N2, 000.
“But today with less stress, I have been able to withdraw N10,000,’’ Philip Aka said.
In Yenagoa, the weekend operations helped to reduce the long queues usually being experienced at the banks and ATMs.
Checks at some of the banks within Yenagoa showed that the long queues had disappeared as most of the ATMs dispensed cash while customers also withdrew money across the counter.
Customers were able to withdraw cash ranging from between N15 000 and N30,000.

News

China Alerts Rivers, A’Ibom, Abia Govs To Economic Triangle

Published

3 hours ago

December 1, 2025

The Tide

The Mayor of Housing, My-ACE China, has alerted the Governor of Rivers, Akwa Ibom, and Abia states to what he calls an emerging ‘Economic Triangle’ within their states.

Mr China, a real estate success strategist who has won numerous local and international awards, has thus drawn the attention of the governors of the concerned states to the emerging development and has urged them to intentionally accelerate the emergence of the economic triangle.

Speaking to newsmen in Uyo, Akwa Ibom State capital at the conclusion of his business trip to the state, Mr China, who is the managing director of the Housing and Construction Mayor Limited, said the envisaged economic corridor would compete favourably with the Lagos economic hub or even better.

He said: “Talking about ‘Economic Triangle’, the only place that can wrest economic power from Lagos is Akwa Ibom, Abia, and Rivers states axis or corridor. This corridor contains more than Lagos has, if they can be interconnected with smooth roads, ports, and if their blue potentials are unlocked. They will not only wrest power from Lagos but would be more lucrative.”

The investor who is behind the emerging Alesa Highlands Green Smart City in Eleme, near Port Harcourt, said the new ‘Economic Triangle’ has a bigger potential due to massive land assets with the corridor plus blue economy and the existing hydrocarbon industry.

Explaining, Mayor of Housing said Aba (Abia State) provides the biggest fabrication capacity in West Africa to supply goods to the Gulf of Guinea; Port Harcourt provides access to the Gulf of Guinea for off-taking Aba products, and the Uyo provides deep sea port at Ibaka and international airport facilities as well as forest reserves for massive agro-economy.

He said with sea ports in Rivers State and deep seaport in Akwa Ibom, and international airports in Rivers and Akwa Ibom, Aba can focus on adequate power supply and fabrication boom to supply a new booming market around the economic triangle.

By doing this, he said, jobs would spill out in huge quantities and more manufacturers would be drawn from all over Africa to boost the fast coming African Continental Free Trade Agreement (AfCFTA). He said Nigeria would thus have two major trade nodes in West Africa; Lagos and the PH/UYO/Aba triangle.

He said goods going to or coming from Chad, Niger, and the rest of Central Africa can head to the Lagos ports or to the Ibaka/PH ports zone in the new economic triangle.

He said with power supply made stable, good roads, excellent security system, and ease of doing business enthroned in the zone, the South-South and South East would become the biggest economic nerve in the near future.

Mayor of Housing called on governors of the three states to be intentional about the new corridor, put away political differences (if any), and create this corridor by agreeing on projects each state would execute with a short period of time so the states would be linked by good roads, communication, security, trade laws, concessions to investors, etc.

He remarked that northerners were already heading to the Onne Port in Rivers State to export goods, saying creating a commission to oversee the development of the ‘Economic Triangle’ would fast-track its emergence.

He observed that people of the three states are peaceful and usually preoccupied with zeal for economic prosperity, saying that if they are linked to such huge opportunities staring at them in the emerging economic triangle, they would totally shun violence and focus on prosperity.

Mr China insisted that the emerging economic triangle would form a big node not only into the Gulf of Guinea economic zone but into Africa because AfCFTA is about production, certification, market availability, and easy transport nodes by sea and air. He said the new economic triangle boasts of all the factors.

“They can only realise this by working together, through collaboration. One state cannot do it but a triangle of the three will create it through seamless interconnection, ports, industrial park, etc. The people will be the richest and internally generated revenue (IGR) will be the biggest in the country,” he said.

Niger Delta

Bayelsa’s Aircraft Makes Inaugural Flight…As Lawmakers, Oil Minister, NDDC’S MD Hail Diri

Published

4 days ago

November 27, 2025

The Tide

Newly acquired ATR-72/600 aircraft by the Bayelsa State Governor on Tuesday November 26, 2025 made its inaugural flight from Abuja, the nation’s capital to the State’s Airport, Amassoma, Yenagoa.

The Tide learnt that the governor Douye Diri’s led administration has acquired two aircrafts.

The aeroplane which took off from the domestic wing of the Nnamdi Azikiwe International Airport, Abuja, at 09:30hrs with about 50 passengers and crew on board.

Governor Douye Diri, the immediate past deputy governor of the state, Rear Admiral Gboribiogha John-Jonah, members of the state’s National Assembly Caucus, the Minister of State for Petroleum (Oil), Senator Heineken Lokpobiri, Managing Director of the Niger Delta Development Commission, Dr. Sam Ogbuku, President, Ijaw National Congress, Prof. Ben Okaba and the National Chairman, Pan Niger Delta Forum, Dr. Boladei Igali, among others were onboard the inaugural flight of the plane which touched down at the Bayelsa airport at 10:40hrs amid jubilation by a mammoth crowd.

The Tide further reports that the aircraft received the traditional water cannon salute on arrival from the fire trucks at the airport.

The visibly elated State governor, Diri described the celebration as historic, saying it underscored his administration’s commitment to fulfilment of its promise to connect the people of the state to other parts of the country and the world by air.

He restated that the inauguration of the aircraft was a moment of deep gratitude and celebration for every Bayelsan as it marked a decisive step in strengthening the state’s aviation capacity and expanding its economic horizons.

“Six years ago, we promised the people of Bayelsa a future of air connectivity and opportunity. Today, that promise takes wing: Bayelsa is launching its own commercial air services.

“On behalf of your Government of Renewed Hope for Assured Prosperity, I am delighted to commission the first of two ATR?72/600 aircraft, each configured to carry 72 passengers and crew.

“This achievement marks the beginning of a new era of connectivity for Bayelsa, bringing regular and reliable air services that fuel modern commerce and development, connecting businesses to new markets, and empowering our people to thrive”, he said.

He explained that he has directed that the aircraft registered under the name Pioneer Airline be immediately changed to Air Bayelsa or Bayelsa Air before commencing commercial operations as it is state-owned and not a private concern.

The State’s helmsman added that the story of the aviation sector in the state would not be complete without acknowledging the pioneering role of his predecessors, particularly the late Chief Diepreye Alamieyeseigha, who conceptualised an airport at the current location, and the immediate past Governor Seriake Dickson, who actualised the airport project.

He also expressed appreciation to Premium Trust Bank, Pioneer Airline, and the State House of Assembly for their support.

In his welcome remarks, Managing Director of Bayelsa Airport Limited, Air Vice?Marshal Nelson Calmday (rtd), said the airline will not only operate the Lagos and Abuja routes daily but also other Niger Delta states.

Also, Managing Director of Pioneer Airlines, Captain Henry Ungbuku, said the company will embody the dreams and aspirations of the people of the state and Niger Delta in its operations.

He thanked Governor Diri for believing in him and the airline and for entrusting it with the responsibility of operating the state-owned aircraft, assuring that they will not let Bayelsa down.

Managing Director/ CEO of Premium Trust Bank, Mr. Emmanuel Emefienim, said it was a remarkable achievement that speaks to vision and strategic partnership between the government and the bank, expressing his joy that the bank played a strategic role in the acquisition of the aircraft.

Similarly, Senator Konbowei Benson, who spoke on behalf of the Bayelsa National Assembly Caucus, hailed the governor’s vision and pledged their support for the developmental efforts of the state government.

The Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, equally lauded Governor Diri and urged the state government to sustain the airline’s flight operations by ensuring that government officials pay for flying the aircraft.

The NDDC MD, Ogbuku, in his remarks, described the acquisition of an aircraft by the state government as a welcome development, noting that it will connect the people of the state to other parts of the country, and pledged the willingness of the commission to partner the airline to contribute to its success.

The PANDEF National, Igali, said people of the region were proud of Diri’s achievements and pledged the continuous support of the forum to enable the government attain new heights.

By Ariwera Ibibo-Howells, Yenagoa

Niger Delta

Traditional Ruler Seeks End To Benin Artifacts Unauthorized Promotion

Published

1 week ago

November 24, 2025

The Tide

A member of the Benin Traditional Council (BTC), Chief Osaro Idah (the Obazelu of Benin Kingdom), has urged the Federal High Court to restrain the Museum of West African Contemporary Culture and Arts (MOWAA) from dealing with Benin artifacts without the consent of the Oba of Benin.

Idah prayed the court in a suit seeking five reliefs.

According to a notice issued by the court, hearing in the suit has been fixed for November 27 during which the court is expected to hear the motion for interlocutory injunction filed by the claimant.

The suit, marked: FHC/B/CS/107/2025, was filed before the Benin Division of the Federal High Court by Chief Idah, through his lawyer, Kelvin Mejuku of the firm of Prof. Yemi Akinseye-George (SAN) & Partners.

According to court documents, the claimant is contending, among others, that the Oba of Benin, being the sole custodian of the culture, tradition and heritage of the Benin Kingdom, is the only rightful person to determine where the returned looted artifacts and other items of Benin heritage should be kept.

Listed as defendants in the suit are Museum of West African Arts LTD/GTD and the National Commission for Museums and Monuments (NCMM).

The claimant wants the court to declare that by virtue of the Federal Government’s notice contained in Order No. 1 of 2023 titled: “Notice of Presidential Declaration on the Recognition of Ownership, and an Order Vesting Custody and Management of Repatriated Looted Benin Artifacts in the Oba of Benin Kingdom”, dated March 23, 2023, the Oba of Benin is the custodian, of the culture, tradition and heritage of the Benin Kingdom and people.

He equally wants a declaration that by virtue of the said Federal Government’s notice contained in Order No.1 of 2023, the operators of the Museum of West African Contemporary Culture and Arts, located in Benin City require the consent of the Oba of Benin, the sole custodian of Benin culture and arts, to hold Benin artifacts amongst other collections in the museum.

Chief Idah is also urging the court to declare that the defendants cannot surreptitiously identify with and or deploy or use the name, title and or the throne of the Oba of Benin, without the consent of the Oba, to solicit for endorsements, funds and or support within and outside Nigeria for prosecution of their purported interests in Benin artifacts and objects for the purposes of establishing or maintaining a museum in Benin City.

The claimant equally wants the court to issue an order of perpetual injunction restraining the defendants, their servants, privies or agents, from establishing, opening and operating any museum in Benin City, Edo, dealing with Benin artefacts without the consent of the Oba of Benin.

Idah stated, in a supporting affidavit, that the Benin artifacts are the cultural heritage of the Benin Kingdom created by its ancestors and forefathers within the traditional norms and rites of the kingdom.

“They are not property of any private corporate entity that is not a creation of the Benin Kingdom.

“The people of Benin kingdom and other stakeholders, especially Benin Dialogue Group, had at different meetings endorsed the Benin Royal Museum to be built within the palace, as well as endorsing the Oba Ewuare II Foundation for fund raising and other requisite administration processes.

“It was based on the above that the Oba of Benin prevailed on the Federal Government to take custody of these artifacts on behalf of the palace until the Benin Royal Museum was ready for their collection”, he said.

He further stated that by virtue of the said Federal Government’s notice contained in Order No. 1 of 2023, the Oba of Benin became recognised as the sole owner, with the sole responsibility to have the custody and management of Benin artifacts.

He added that the gazette issued by the Federal Government pursuant to the 2023 order did not contemplate a situation in which any of the repatriated Benin artifacts will be diverted or hijacked from the custody of the Oba of Benin and be kept in the custody of a privately operated museum or as part of the collection of any private organisation, museum like the MOWAA and NGO-operated museum.

The claimant states that the government of Edo State in 2024 restored the full statutory right of the Oba of Benin as the custodian of the culture, tradition and heritage of the Benin Kingdom and people and his ownership and title of the stolen/looted artefacts and other art works.

“Regrettably, some of the artifacts have now found their way in a private museum named Museum of West African Contemporary Culture and Arts (MOWAA) located in Benin City, operated by the first defendant, without the consent of the Oba of Benin.

“This action of the first defendant is very provocative, confrontational and calculated to undermine the lawful authority of our monarch.

“The exclusive authority and right of the Oba has been confirmed by a legal instrument known as Notice of Presidential Declaration which is an Order Vesting Custody and Management of Repatriated Looted Benin Artefacts in the Oba of Benin Kingdom.

“The establishment in Benin City of a private or public private museum, the so called Museum of West African Culture and Arts (MOWAA) by the defendant in collaboration with the second defendant without reference to the sovereign authority of our Oba over Benin culture and arts is not only a violation of the customary law of Benin Kingdom, but spiteful of the authority of the revered palace.

“The maverick move by the first defendant in promoting the MOWAA to operate in Benin City under the nose of the Oba, but without the consent of the palace is causing serious unease, public unrest and provocation threatening the peace of the Benin Kingdom.

“This development is in conflict with the pronouncement of the Government of Edo State restoring full statutory rights to His Royal Majesty, Oba Ewuare II, over the Artefacts of the Benin Kingdom”, he said.