Rivers

PHCCIMA Breaks Down Rivers 2025 Budget

Published

1 year ago

January 30, 2025

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.

Rivers

VIO HOLDS COLLABORATIVE MEETING WITH AUPCTRE IN RIVERS STATE

Published

5 days ago

May 29, 2026

The Tide

The Chief of the Rivers State Road Traffic and Vehicle Inspection Officers (VIO), Engr. Akobo Monibo, alongside other executive officers of the agency, received the leadership of the Amalgamated Union of Public Corporations, Civil Service Technical and Recreational Employees (AUPCTRE), Rivers State Council, during a courtesy and interactive meeting held at the office of the Chief VIO.

The delegation was led by the State Chairman of AUPCTRE, Comrade Tamunoiminabo Toby, accompanied by other executive members of the union.
Speaking during the meeting, Engr. Akobo Monibo expressed appreciation to the union leadership for identifying with the VIO at this crucial time and commended the union for its commitment towards workers’ welfare and institutional development.

According to him, the responsibilities of the VIO remain enormous and vital to the development of a safer transportation system within the state.

In his response, the State Chairman of AUPCTRE, Comrade Tamunoiminabo Toby, appreciated the warm reception and hospitality extended to the union delegation by the leadership of the VIO.

He explained that the purpose of the courtesy visit was to facilitate the establishment of an AUPCTRE Unit or Chapter within the VIO, noting that the union already has members within the Ministry of Transport and other related agencies.

The chairman further emphasized the benefits of union membership, especially in promoting workers’ welfare, unity, cooperation, and professional representation within government establishments.

Also speaking during the meeting, the Deputy Chief VIO, Comrade Livings Denoi, appreciated the union for the visit and welcomed the move towards establishing a VIO Chapter of AUPCTRE, describing it as a positive step toward strengthening collaboration and staff welfare within the agency.

Other personalities present during the meeting included Sup. Stella Jacks and the State Secretary of AUPCTRE, Comrade Okpeyeme Adebajo, alongside other officials from both organizations.

The meeting ended on a cordial note, with both parties reaffirming their commitment to partnership, institutional growth, and the promotion of efficient service delivery in Rivers State.

Rivers

NEMA Launches Response Against Flood In Rivers

Published

5 days ago

May 29, 2026

The Tide

The National Emergency Management Agency (NEMA) has launched its 2026 flood disaster response campaign as flooding threats loom in Rivers and 21 other states across the country.

NEMA’s Director-General, Mrs. Zubaida Umar, flagged off the exercise during a stakeholders’ engagement in Port Harcourt.

The campaign is themed “Strengthening Disaster Risk Governance for a Resilient Nigeria.”

Represented by the agency’s Acting Director, South-South Zonal Directorate, Mr. Eric Ebhodaghe, Umar said the campaign was designed to drive early and coordinated action to save lives and livelihoods before the imminent flood.

”The campaign further seeks to promote proactive disaster management through stronger institutions and define clearer responsibilities among stakeholders.

“Each year, lives are lost, livelihoods are disrupted, and public and private infrastructure worth billions of naira are damaged.

“Communities also bear the burden of injuries, displacement, and the loss of life savings due to unmitigated flood events and their secondary effects”, she said.

Umar continued that the 2026 flood outlook predicted that 22 states and the FCT, covering 132 local government areas, fall within high flood-risk zones.

She added that another 14 states, covering 148 local government areas, had been classified as moderate-risk areas.

The NEMA boss explained that the agency had already convened an expert review meeting to assess the implications of the forecasts and develop strategies to minimise anticipated impacts.

She identified likely challenges to include delayed or erratic rainfall, shorter growing seasons, above-normal rainfall in some areas, prolonged dry spells, and rising temperatures.

“These factors are expected to affect key sectors such as agriculture, healthcare, transportation, energy, water supply, education, and overall public wellbeing”, she said.

She further disclosed that NEMA had developed a 2026 Climate-Related Risk Management, Preparedness and Mitigation Framework to reduce flood impacts nationwide.

According to her, the framework includes capacity building for local responders, simulation exercises, strict adherence to weather advisories, prepositioning of relief materials, infrastructure integrity assessments, and development of community evacuation plans.

The NEMA boss said the agency had also identified flood risk profiles for vulnerable communities through its flood early warning system and procured vulnerability maps to support planning.

“Beyond this engagement with stakeholders, the agency is deploying technical teams to all states of the federation for direct community outreach.

“These efforts will be supported by State Emergency Management Agencies, Local Emergency Management Committees, and community volunteers”, she said.

Umar called on traditional rulers, religious organisations, women and youth groups, the media, and private sector to support the dissemination of early warning information.

Also speaking, the Head of Emergency and Disaster Management at the Rivers State Emergency Management Agency (SEMA), Mr. Tamunosiki Ogbanga, said the agency had commenced evaluation and monitoring of flood-prone areas across the state.

Ogbanga said SEMA, under the Rivers State Ministry of Special Duties, had begun reviewing possible mitigation measures and monitoring flood flashpoints to reduce the impact of flooding on residents.

“Our plan for the evacuation of residents in flood-prone areas is part of our ongoing evacuation and monitoring exercise”, he said.

Ogbanga explained that residents in vulnerable communities would be relocated to safer locations whenever the need arises.

“Where they cannot get a safe place, SEMA will relocate them to temporary Internally Displaced Persons camps and provide the necessary support”, he added.

He reaffirmed the agency’s commitment to working with relevant stakeholders to strengthen flood preparedness and emergency response across Rivers State.

Wokoma Emmanuel & Theresa Frederick

Rivers

Monarch Attributes State’s Development To Peace, Unity

Published

5 days ago

May 29, 2026

The Tide

The Eze Oha Evo III of Evo Kingdom, His Majesty King Leslie N. Eke, has attributed the steady development witnessed in Rivers State to what he described as the peaceful and purposeful leadership style of the State Governor, Sir Siminalayi Fubara.

Eke stated this recently while chatting with newsmen at his palace in Woji Community, Obio/Akpor Local Government Area.

The chat was part of his reactions on the activities marking the 59th anniversary of the creation of Rivers State and the celebration of the Governor’s three years in office.

The royal father noted that since the creation of Rivers State on May 27, 1967, the state had passed through different political, economic and security challenges, but that the present administration had sustained relative peace across the state.

According to him, peace remains the bedrock of development, stressing that no society can attain meaningful growth and infrastructural advancement in an atmosphere of rancour and instability.

The Nyerisi Eli Woji cum Eze Woji XII, commended the Governor for promoting unity among the diverse ethnic nationalities in the state, adding that “the Governor’s calm disposition and inclusive style of governance had contributed immensely to the prevailing harmony being enjoyed in many parts of the state.”

The monarch, who is also the Chairman of the Supreme Council of Ikwerre Government Recognized Traditional Rulers, observed that the administration had continued to record visible achievements in critical sectors of the economy despite prevailing political tensions in the state.

He further stated that the Governor had demonstrated maturity and commitment in the handling of state affairs, particularly in security and community relations, which he said had encouraged investors and businesses to operate without fear.

King Eke explained that traditional rulers across the state remained key stakeholders in the sustenance of peace, noting that the synergy between the government and traditional institution had helped in addressing communal disputes and youth restiveness in some areas.

The first class monarch urged Rivers people to continue supporting the present administration in order to consolidate on the gains already recorded in infrastructural development, healthcare delivery and human capital development.

He also called on political actors and stakeholders in the state to place the interest of Rivers State above personal ambitions, saying that the progress of the state should remain a collective responsibility of all citizens.

The royal father appealed to youths in the state to shun violence and criminal activities, while embracing dialogue, education and legitimate means of livelihood that would contribute positively to the growth of the state.

He expressed optimism that Rivers State would continue to experience greater peace, unity and development under the Governor’s leadership, and prayed for wisdom and strength for him as he pilots the affairs of the state.

King Onunwor