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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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NDDC Provides Lifeline To Flood-Hit Ogu-Bolo Community

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In response to the recent flood disaster that displaced families, destroyed farmlands, and worsened economic hardship in Ogu/Bolo Community, The Niger Delta Development Commission (NDDC) has distributed relief materials to residents of the community.
Presenting the items on behalf of the Managing Director, the Director II, Education, Health and Social Services, Engr. Jeremiah Onolejoloni, said the intervention underscores the commission’s commitment to alleviating the plight of vulnerable communities across the Niger Delta.
According to a statement by the Director of Corporate Affairs, Seledi Thompson-Wakama, the gesture followed the devastating impact of flooding on livelihoods in the community.
The Managing Director noted that the commission, in collaboration with the Derek and Davia Foundation, provided financial support to facilitate the distribution of essential food items and household materials to affected residents.
He described the initiative as part of efforts to address pressing needs, adding that it also reflects government’s solidarity with citizens facing economic challenges.
“This intervention goes beyond palliatives. It is a demonstration of government’s presence, compassion and commitment to supporting families in distress, in line with the renewed hope agenda of the President,” he said.
He urged community leaders to ensure fair distribution of the items and encouraged residents to sustain peace and support development programmes.
The Paramount Ruler of Ogu-Bolo, Chief Joachim Amachiri, commended the Commission for the timely intervention, noting that it would provide much-needed relief to victims of the flood.
He reaffirmed the community’s support for NDDC initiatives aimed at improving living conditions in the region.
Also speaking, a consultant on the programme, represented by Dr. George Smile, praised the commission’s responsiveness to disaster-affected communities, disclosing that plans were underway, in partnership with development stakeholders, to extend similar support to neighbouring areas.
Wokoma Emmanuel & Theresa Frederick
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Don Traces Nigeria’s Highway Woes To Design Failures  … Proposes Mechanistic-Empirical Design Approach

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A lecturer at the Rivers State University (RSU), Professor Emmanuel Osilemme Ekwulo, has called for a fundamental overhaul of Nigeria’s highway pavement systems, stating that poor design practices and weak standards, not just inadequate funding, are at the heart of the country’s persistent road failures.
Delivering the 128th inaugural lecture at the Rivers State University, titled “Removing Roadblocks: Rebuilding The Foundation For Reliable Highway Pavement Infrastructure”, Ekwulo argued that Nigeria’s roads will continue to deteriorate prematurely unless critical engineering principles are strictly applied and enforced.
According to him, recurring defects in the nation’s highways stem from a combination of faulty design processes, substandard construction materials, weak regulatory enforcement, poor drainage systems, and widespread disregard for professional ethics.
He stressed that these systemic failures have undermined the durability of road infrastructure despite significant financial investments.
“Premature pavement failures in Nigeria are not due to lack of funds alone, but largely due to poor design decisions, weak material standards, and absence of accountability,” he said.
Ekwulo proposed the adoption of the mechanistic-empirical design approach, a scientifically grounded method for predicting pavement performance, as a pathway to improving road quality.
He also advocated for the development of a localized framework, the Nigerian Empirical and Mechanistic Pavement Design System (NEMPADS), to reflect the country’s unique environmental and material conditions.
He further recommended stricter quality control measures, including independent audits, the establishment of a national database for material characterization, and compulsory traffic load analysis for all road projects.
The use of modified binders and advanced materials, he added, would enhance pavement resilience.
To ensure sustainability, the Professor called for the implementation of a National Pavement Management System to coordinate maintenance and monitoring efforts nationwide, noting that consistent upkeep is essential to prolonging road lifespan.
Ekwulo emphasized the need for stronger collaboration between academia and industry, urging universities to lead applied research initiatives and pilot projects that can deliver practical solutions to Nigeria’s infrastructure challenges.
Earlier, the Vice Chancellor of Rivers State University, Professor Isaac Zeb-Obipi, said universities must play a frontline role in addressing national development issues through research-driven interventions.
He described the lecture as timely, noting that the neglect of core engineering standards has contributed significantly to the country’s failing highways.
The event, held at the Dr. Ezenwo Wike Senate Building in the campus, also featured the formal decoration of Ekwulo as the institution’s 128th inaugural lecturer.
Reiterating his position after the lecture, Ekwulo stated that with proper design methods, quality materials, and strict adherence to global standards, Nigeria’s roads can achieve their intended lifespan of 10 to 20 years or more.
“Without a return to engineering fundamentals and accountability, investments in road infrastructure will continue to yield poor results”, he concluded.
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CP Reaffirms Commitment To Human Rights, Community Policing In Rivers

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The Rivers State Commissioner of Police, Olugbenga Adepoju, has assured residents of the command’s commitment to upholding human rights and delivering people-oriented policing.
He stressed that officers under his watch would continue to operate within the confines of the law, while strengthening community relations.
Adepoju gave the assurance  during a sensitisation walk organised by the  State Police Command as part of activities marking the National Police Day in Port Harcourt.
He noted that the exercise was aimed at fostering trust and enhancing cooperation between the police and the public.
While expressing appreciation to President Bola Ahmed Tinubu for approving a special day for the Nigeria Police to celebrate its achievements, he described the gesture as a morale booster that would spur officers to greater efficiency and professionalism in service delivery.
The CP also commended the Inspector-General of Police, Olatunji Rilwan Disu, for initiating a week-long celebration, which he said had provided an opportunity for the police to reconnect with citizens and showcase reforms within the force.
According to him, the large turnout of residents, stakeholders and members of the business community during the exercise was a clear indication of the growing confidence reposed in the police by the people of Rivers State.
He reiterated that the Command would sustain its sensitisation efforts, adding that officers had been adequately briefed to respect the rights of citizens, maintain professionalism and work closely with the media to promote transparency and accountability.
Adepoju disclosed that the week-long activities commenced with environmental sanitation across commands and divisions, alongside public enlightenment campaigns targeted at strengthening police-community relations.
He further revealed that the Command had also embarked on free medical outreach for both officers and members of the public, as part of its corporate social responsibility and commitment to public welfare.
The CP added that financial support would be extended to widows of fallen police officers through the presentation of cheques, in line with directives from the police high command, to cushion the effects of their loss.
In his response, the Chairman of the Police Community Relations Committee (PCRC) in the state, Voke Emore, said the initiative was geared towards rebuilding trust between the police and the communities they serve.
Emore noted that the renewed synergy between the police and residents in Rivers State had created an enabling environment for effective policing, urging the public to continue supporting security agencies with useful information.
Also, a representative of the Police Officers’ Wives Association (POWA), Mrs. Chima Nnaji, said the group participated in the walk to show solidarity with their spouses.
 The event drew attendance from senior police officers, members of the PCRC, and stakeholders from various sectors of the state.
King Onunwor
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