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PHCCIMA Breaks Down Rivers 2025 Budget

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The Port Harcourt Chamber of Commerce, Industry, Mines and Agriculture (PHCCIMA) has given its breakdown of the Rivers’ 2025  budget.
The PHCCIMA President, Dr. Chinyere Nwaoga, gave the breakdown in a statement on Tuesday, saying the budget will unlock trapped N500 billion tax revenue from trapped or recovered assets.
She recalled that PHCCIMA had on December 31, 2024 lauded the appropriation bill of 2025 as presented by the State Governor, Siminalayi Fubara, and promised to analyse the budget.
“We promised to analyse the budget and share our position after extensive research and analysis.
“We set up a think-tank committee to review the monetary policy with the private sector practitioners and we have come up with a position”, she said.
Nwaoga noted that the 2025 total budget approximates N1.2 trillion to be N388 billion higher than the 2024 figure of N800 billion.
However, she noted that when adjusted for inflation, “the Net Present Value of the current budget is approximately N1.1 trillion”.
She explained that the naira’s depreciation by 90 per cent year-on-year from January 2024 has reduced the budget’s net value to about N700 billion.
According to her, this further illustrates how the fiscal policies at the centre can impact even the best run states.
She commended the Rivers government’s plan to spend N678 billion on capital expenditure, which is roughly 30 per cent more than the operating expenditure.
“The plan to allocate N31 billion to Agric and support programmes for youths posits a strategy for genuine empowerment”, she stated.
The PHCCIMA President also advised the government to create a credible youth and women database for articulated disbursements and monitoring.
She said: “There may be need to update or recreate a strategic state wide enumeration targeted at Rivers State population”.
Nwaoga also suggested that the government should consider allotting a percentage of accrued funds to an investor guarantee programme to attract investment funds aimed at commerce.
She noted that “the policy to explore counterparty funding with the Universal Basic Education (UBE) to support education is smart”.
The PHCCIMA boss commended the government’s plan to source and save funds for the budget through various means, including FAAC, IGR, statutory allocation, mineral funds, VAT, refunds, and others.
According to her, the budget demonstrates financial prudence and less emphasis on bank borrowing.

She suggested that the government should re-enact the Rivers State Statutory Savings Account and ensure that assets do not deplete in value.

Nwaoga recommended that “we estimate an additional N100 billion, and the expansion of the under-declared and undeclared revenue sources with corporates”.

She stressed the need for the government to emphasise attracting new investments and unlocking value from existing assets.

“Rivers State Government should emphasise attracting new investments and unlocking value from existing assets”, she said.

She, however, urged that the government should continue to pursue clearing the backlog of pension liabilities and consider implementing a revised salary structure to motivate the workforce.

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100 Days: UPTH CMD Harps On Brain Drain, Anti-Corruption

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The Chief Medical Director of the University of Port Harcourt Teaching Hospital (UPTH), Prof. Chituru Godswill Orluwene, has identified brain drain and corruption as critical challenges confronting Nigeria’s health sector.
 Orluwene, who made this known during a press briefing to mark his first 100 days in office, in Choba, declared that his administration is tackling both issues headlong as part of efforts to reposition the institution.
He noted that the stewardship session was aimed at rendering account of his leadership and setting a transparent benchmark for performance going forward.
“This 100 days is to render stewardship and give account of our activities, while we tackle corruption headlong within the system”, he said.
Addressing concerns over the exodus of medical professionals, the CMD said, poor working conditions have contributed significantly to brain drain, but that ongoing reforms are beginning to address these challenges.
He expressed optimism in the efforts of the administration of Bola Ahmed Tinubu, adding that, Government is repositioning the health sector, especially in remuneration and infrastructure.
On corruption, Prof. Orluwene stressed, “We have taken decisive steps to block all financial leakages and ensure accountability in our operations.”
He disclosed that a staff verification exercise exposed irregularities, stating that “Out of over 4,000 staff on the payroll, only about 2,000 presented themselves for verification.
“As a result, over 1,000 salaries have been stopped due to discrepancies identified during the exercise.”
Highlighting policy reforms, the CMD said, feeding of patients has now been standardized at ?5,000 for three meals, while other charges have been reviewed downward.
On infrastructure, he said “The Accident and Emergency Department was in a poor state before, but today it has undergone massive renovation.”
Speaking on power supply, he revealed: “With the solar power project on ground, UPTH will soon enjoy 24-hour electricity supply. Our goal is to make UPTH a hub for medical tourism in the near future.”
By: King Onunwor
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Social Welfare Ministry Accepts UNIPORT’s Training, Vulnerable Database Proposal

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The Rivers State Ministry of Social Welfare and Rehabilitation has revealed that it will consider new proposals by the University of Port Harcourt to engage its staff on refresher training and a state-wide database initiative for vulnerable persons, to ensure efficient service delivery and data-driven planning in the state.
Permanent Secretary of the Ministry, Lauretta Davies-Dimpka, disclosed this when she received a delegation from the University of Port Harcourt, led by a Professor of Social Work and Community Development, Prof. Daniel Uranta, which also include some of his PhD students, during a courtesy visit to her office, Friday.
She described the visit as “timely to get our staff up to speed regarding current standards in social work practice”, and assured the visiting team that their proposals, including a one-month certificate programme for staff and a Child Rights Implementation/Enforcement Committee, would be reviewed.
She added that the ministry’s doors are open for collaboration and partnership, noting that with collaborative effort, social work will achieve greater impact and professionalism in the state.
Earlier, Prof. Uranta said the visit was to formally introduce himself and seek collaboration to strengthen the existing partnership between the university and the ministry.
He proposed four key areas of cooperation: refresher training for ministry staff, a one-month certificate programme on social work for staff, development of a state-wide database for vulnerable persons across the 23 Local Government Areas of the state, and strengthening of a Child Rights Implementation/Enforcement Committee.
The UNIPORT Professor noted that the proposals are aimed at improving case management and welfare response across the state.
The courtesy visit ended on a cordial note, with both parties expressing willingness to collaborate and review the proposals.
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Ogoloma Fishermen Association Laud Okrika Chair On Grassroots Dev

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The Fishermen Association of Ogoloma Community has commended the Executive Chairman of Okrika Local Government Council, Chief Hon. Akuro Alfred Tobin, for his commitment to grassroots development and the empowerment of local fishermen.
The Association made the commendstion during a courtesy “thank-you” visit by members of the association to the council chairman, following the distribution of fishing equipment aimed at boosting productivity and livelihoods within the riverine community.
Speaking during the visit, Chief Tobin expressed gratitude to the fishermen for their show of appreciation, noting that their success remains a top priority of his administration.
He stated that the empowerment initiative through the provision of fishing canoes, nets, and hooks was designed to enhance economic activities and improve living standards in Ogoloma and other parts of Okrika.
“I am encouraged by your visit and your progress so far. This administration is committed to supporting our local fishermen to thrive. There will be a second phase of the human capital development programme, and we will do even more to uplift the fishing community,” the Chairman assured.
The Chairman reiterated his administration’s dedication to inclusive development, stressing that empowering local industries such as fishing is key to sustainable economic growth in the region.
Responding on behalf of the Association, its spokesperson, Elder Kaizer Kiniminabo, conveyed heartfelt appreciation to the council boss.
He acknowledged the impact of the empowerment programme on the fishermen’s productivity and welfare.
“On behalf of our matron, Hon. Linda Stewart Somiari, and Hon. Royal Ateke, we express our sincere gratitude to the Executive Chairman for his magnanimity and commitment to the well-being of fishermen in Ogoloma. We pray for the continued success of his administration,” Kiniminabo stated.
As a token of appreciation, the association presented gifts, including dry fish and other locally sourced items to the chairman, symbolizing their gratitude and support.
The visit highlights the growing collaboration between local authorities and community stakeholders in fostering development and economic empowerment across Okrika Local Government Area.
By: Michael T. Abraham
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