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Fubara Vows To Change Economic Growth Trajectory Of Rivers
Rivers State Governor, Sir Siminalayi Fubara, has vowed to sustain the drive at mobilising critical stakeholders with attractive investment portfolios in the business community to join forces with his administration to change economic growth trajectory of the State.
Speaking at a cocktail party at the Banquet Hall of Government House in Port Harcourt on Wednesday night, Governor Fubara told the captains of businesses that the economic summit will provide salient data that will assist his administration to draw up economic roadmap for the State.
The cocktail reception was organized by the Rivers State Government in honour of the participants and delegates to the Rivers State Economic and Investment Summit 2024.
Governor Fubara emphasised the need to awaken the State from its economic slumber, and assume its known status of an economically viable State to compete with countries considered to be advanced and developed.
He said, “In the real sense of it, Rivers State is noted for very special things. And what are those things? Peace loving people, people that are very industrious. Even from the ancient days, we are farmers in the hinterland. We are fishermen; those ones that live on the coastline, we are very hardworking.
“Today, because of industrialisation, because of white collar jobs, and too much of education, what we do is to wear very expensive suits, stay in an office, sign the papers and you know the next thing that happens? I don’t want to mention it!”
Governor Fubara stated: “But we need to move the State forward. We have been one of the most, would I say, economically viable states before this time but somehow, a few things went wrong, and we found ourselves where we are today.
“Today, we have called everybody. We have called the whole world. You represent the world, and we are telling you that we want to change the trajectory of our State. We want to see our State move like every other developing nation.
“Rivers State, if it were to be any other place, should be a country of its own. We have all the resources: we have oil, we have gas, we have every other valuable resource. The world is moving towards blue economy, and we have a wonderful coastline,” he said.
Governor Fubara, who thanked them, and indeed, all those who had contributed and supported the success of today which is the first day, assured that there was a bigger success coming, which will reflect in the anticipated industrialisation of the State.
The Governor confessed that “most expectations might have been met and some other things had not been executed perfectly at this first instance but the most important thing is to start a process, and that has been done.
“Forgive us where we have not gotten it right. Help us to correct our wrongs. But see to what you can do to help us move our State forward.
“I’ve said it before, and I’m going to say it again: Our own commitment is to Rivers State people first. If Rivers State is not succeeding, there won’t be a struggle for political control.
“So, let it be that I’m improving Rivers State, so, that there will be heavy tussle for political control. At least, history will remember me for that,” he added.
In his opening remarks, former Commissioner, state Ministry of Finance, Dr Chamberlain Peterside, said it took quite a bit of work to put the platform together, adding that with His Excellency giving a listening ear, the idea of an economic and investment summit had materialised.
Dr. Peterside stated that the overriding purpose is to begin to network and actually engage business minds for cross-fertilisation of business ideas that can translate into enduring economic gains beyond mere consumption.
He said, “As I was stepping into this hall with my friend, Engr Braide, he reminded me that the last time we had a similar event was over 13 years ago.
“And, therefore, it is a very remarkable evening that His Excellency, the current Governor deemed it fit to create a platform like this, to bring together business executives from far and near, coming to mingle with his cabinet, with his whole governance team.”
Dr Peterside said further: “He granted us audience, we made proposals, and he approved them based on the fact that we should hold this event. I believe that this will be the first in the series of engagements between his administration and the private sector.
”You will be very surprised that a lot of policy initiatives can come from the private sector. Private sector is the engine room that drive economic growth.
”Therefore, His Excellency considered it absolutely imperative and necessary to bring the private sector into a pool whereby you can continuously engage, interact and make sure that your voices, needs, aspirations and your desires are heard in the governance process and business growth of the State.”
He expressed optimism that the outcome of the summit will crystalise buoyant and robust economic growth and development in the State, adding that with the foundation now in place, all stakeholders need to explore opportunities created for the benefit of Rivers people and Nigerians.
The National Drug Law Enforcement Agency (NDLEA) has intercepted 1.63 million pills of tramadol concealed in two long trailers heading for Kano as it intensified efforts to dismantle a transnational drug trafficking syndicate operating along the Togo-Benin Republic-Nigeria corridor.
The agency also arrested an 80-year-old suspected drug dealer in Rivers State, a businesswoman linked to cannabis shipments from Canada, a Chadian woman, a couple and other suspects in coordinated operations across Lagos, Edo, Kogi and Rivers states.
The NDLEA’s Director of Media and Advocacy, Femi Babafemi, disclosed this in a statement, yesterday.
According to the statement, the latest intelligence-led operation came barely one week after NDLEA operatives recovered 558,900 pills of tramadol concealed in the false-bottom compartment of a truck that entered Lagos through the Togo-Benin Republic route.
Babafemi said, “Ongoing efforts to dismantle a transnational drug trafficking syndicate smuggling tramadol from Togo, through Benin Republic into Nigeria have yielded another success with the interception of two long trailers used to move One Million Six Hundred and Thirty (1,630,000) pills of tramadol 250mg concealed in fabricated compartments of the trucks across multiple borders into Lagos.”
He added that one of the two trailers was intercepted on July 2 along the Lagos-Ibadan Expressway, where operatives recovered 853,000 pills of tramadol 250mg concealed in a fabricated compartment beneath the cargo floor.
Babafemi said, “One of the two trucks already heading to Kano was tracked and located on 2nd July 2026 along the Lagos-Ibadan Expressway where NDLEA officers recovered 853,000 pills of tramadol 250mg concealed in a fabricated compartment beneath the cargo floor of the trailer and arrested the 22-year-old driver Jabir Kabiru.”
He further disclosed that another trailer was intercepted two days later on the same route.
“Two days later, 4th July, NDLEA operatives acting on processed intelligence successfully tracked and recovered the second trailer from the Lagos-Ibadan Expressway while heading to Kano. A total of 777,000 pills of tramadol 250mg concealed in a fabricated compartment beneath the cargo floor of the truck were evacuated and the 22-year-old driver Muhammed Nuhu arrested,” the statement read.
According to Babafemi, investigations established a link between the three intercepted consignments.
He said, “Investigations revealed that all three trucks and consignments intercepted on 21st June, 2nd July and 4th July belong to the same transnational drug trafficking syndicate operating along the Togo-Benin Republic-Nigeria axis.”
The agency also intercepted 4.70 kilograms of Canadian Loud, a synthetic strain of cannabis, at the import shed of the Murtala Muhammed International Airport, Ikeja, Lagos.
Babafemi said, “Two consignments of Canadian Loud, a synthetic strain of cannabis, with a combined weight of 4.70 kilograms have been intercepted at the import shed of the Murtala Muhammed International Airport (MMIA), Ikeja, Lagos. The cargoes, which arrived the Lagos airport from Canada in cartons with ‘Odugwu’ boldly written on them, came aboard British Airways and Ethiopian Airlines flights on 24th June and 3rd July respectively.”
He said two cargo agents, Ali Rotimi Samson and Orimolade Oluwagbenga, were initially arrested in connection with the shipments, while another suspect, Edeh Onyeamachi Stanislus, was apprehended after arriving at a logistics company to take delivery of the consignments.
The Federal Ministry of Humanitarian Affairs and Poverty Reduction has denied claims that it has commenced registration for a purported ?50,000 National Support Allowance.
The ministry, in a public notice posted on its official X handle, yesterday, described messages, links and websites advertising the alleged programme as fraudulent.
It urged Nigerians to disregard such claims and verify information only through official government channels.
“The Federal Ministry of Humanitarian Affairs and Poverty Reduction has NOT commenced registration for any ?50,000 National Support Allowance,” the ministry said.
It added, “Disregard fraudulent messages, links and websites claiming otherwise. Verify any info only through official govt channels.”
The alert is in response to a circulating scam flyer that falsely claims the program is ongoing under President Bola Tinubu’s directives.
The fake advertisement, which includes text in Hausa and English, directs victims to a suspicious website (kluspz.com) for applications.
The ministry’s warning comes amid heightened concerns over digital fraud targeting vulnerable populations seeking social support.
Similar scams have previously surfaced around programs like N-Power, prompting questions from citizens in replies to the official post.
The Nigeria Labour Congress (NLC) has expressed its preparedness for a major national struggle for a comprehensive review of the national minimum wage.
NLC President, Comrade Joe Ajaero, hinted at this while making his remarks at the commissioning of the Comrade Godwin Abumisi Pensioners Legacy House and Multipurpose Hall in Abuja.
Ajaero said it is no longer acceptable to discuss the welfare of workers without also discussing the welfare of those who have completed their active years of service.
He advised workers and pensioners to get prepared for the ideological and economic battles that lie ahead.
According to the NLC president, “The Nigeria Union of Pensioners (NUP) is one of the proud affiliates of the Nigeria Labour Congress. Therefore, your struggle is our struggle, and your welfare remains a priority for the organised labour movement.
“We are currently in the preparatory stages for a major national struggle for a comprehensive review of the national minimum wage.
“However, let me state unequivocally that it is no longer acceptable to discuss the welfare of workers without also discussing the welfare of those who have completed their active years of service.
“Accordingly, the Nigeria Labour Congress will not only push for a new national minimum wage but will also demand the establishment of a national minimum pension. It is a historical injustice that men and women who devoted their youth, strength and productive years to the service of this nation should be condemned to live below the poverty line after retirement.”
Ajaero noted that the cost of living has risen astronomically as food, healthcare and transportation have become increasingly unaffordable.
“We cannot continue to allow our senior citizens to survive on pensions that have become poverty wages. Every retiree deserves to live with dignity after decades of faithful service to the nation,” he said.
He urged pensioners across the country to remain united and prepared as the process begins, adding: “This Legacy House should not merely be seen as a physical structure; it should become a centre for mobilisation, strategic engagement and solidarity as we prepare for the struggles ahead.”
The NLC president pointed out that the working class has always understood that “those who exploit workers are united in advancing their interests. We too must remain united in defending our collective interests and ensuring that government fulfils its obligations to both serving workers and retirees.”
He urged pensioners across the country to remain united and prepared as the process begins, adding: “This Legacy House should not merely be seen as a physical structure; it should become a centre for mobilisation, strategic engagement and solidarity as we prepare for the struggles ahead.”
The NLC president pointed out that the working class has always understood that “those who exploit workers are united in advancing their interests. We too must remain united in defending our collective interests and ensuring that government fulfils its obligations to both serving workers and retirees.”
He said the completion of the project should serve as a clarion call to all workers and lovers of the masses.
“We must not only build physical structures but also build a strong movement capable of compelling government to honour its commitments,” he said.
Ajaero further stated: “We will continue to demand the immediate payment of all outstanding pension arrears and the implementation of a pension regime that guarantees every retiree a life of dignity and security.
“Together, we shall continue to fight until every Nigerian worker and pensioner receives the justice, respect and welfare they deserve.”
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