Rivers

PHCCIMA Breaks Down Rivers 2025 Budget

Published

11 months 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

NGO Builds Awareness On Digital Violence Against Women, Girls

Published

2 days ago

January 2, 2026

The Tide

As part of activities marking 16 Days of Activism, A Non-Governmental Organizatio (NGO), OLEGH, has organised a one-day awareness creation workshop on digital violence against women and girls, for civil society and media groups in Rivers State.

OLEGH’s Executive Director, Henry Eferebo, said the programme was intended to draw attention to the theme for the 2025 16 Days of Activism tagged, “Unite To End Digital Violence against all Women and Girls.”

Eferebo said the event is an annual global campaign that focuses on violence against women, affords persons and groups all over the world the opportunity to embark on activities aimed at eliminating all forms of women and gender abuse.

“As individuals, we don’t pay attention to the things we see on the social media. We pay less attention to the abuse on the internet. Today, you can abuse a woman or a man physically, emotionally and otherwise, and go scot-free”, he noted.

According to him, women and girls have suffered the most from online violence and cyber-bullying, particularly on platforms such as TikTok, making them ready victims online and offline.

“So, in line with the United Nations principle on 16 Days of Activism and this year’s theme, there is a need for OLEGH Center to create awareness on issues resulting from the online abuse of women and girls.

“We decided to bring in a resource person who will tell us how to avoid being abused online”, he said.

He urged participants at the event to put hands together, rise up and speak against digital violence online.

The NGO’s arrow head, also explained that OLEGH was working towards creating an online help-desk for victims of online abuse and digital violence.

He urged participants to improve their security awareness while online, and adopt security protocols that would protect them in the digital space.

The Resource Person, Jacob Iniodu, in a paper titled, “Understanding Digital Abuse within the 16 Days of Activism”, listed forms of online violence to include, cyber-bullying, dozing, cyber-stalking, and invasion of privacy.

By: King Onunwor

Rivers

Foundation Distribute Bags N5m Worth Christmas Gifts In Bundu Ama

Published

2 days ago

January 2, 2026

The Tide

Armslent Foundation, a Non-Governmental Organisations (NGO), in Rivers State, has distributed Christmas gifts worth over N5million to aged mothers, orphans and less privileged persons in Belema, Bundu Ama (Community) in Port Harcourt Local Government Area (PHALGA).

The Foundation also gave cash gifts of N150,000 to the Community.

Presenting the gift items, comprising 5 bags of rice,10 Cartons of indomie noodles,10 Gallons of groundnut oil, 3 bags of salt and cartons of maggie cubes, to Chairman of the Community, David Oba, and the community leaders, the founder of Armslent Foundation, Comrade Richard Boma Briggs, said the foundation decided to show love and togetherness to the community by providing the gifts.

He noted that the provision was part of its Corporate Social Responsibility (CSR) to the community aimed at alleviating poverty and create a sense of belonging as Christian faithfuls celebrate the birth of Jesus Christ.

Briggs described Bundu Ama as one of its pillars in partnership, stressing that the foundation was inspired by the spirit of love to impact and rejoice with the residents of the community.

“The foundation was moved by the spirit of Christmas to give these gifts and rejoice with the people of community”, Briggs said.

Accompanied by the Managing Director of the Foundation, Richard Osigbo, and other top Executive Members, Briggs called on the leaders of the community to always pray for the foundation, promising that in 2026, it would embark on a tangible project at UPE Modern Primary School Waterfront, Bundu Ama.

Receiving the items, Chairman of Bundu Ama, David Oba, thanked the foundation for empowering the less privileged persons, assisting physically challenged persons, and aged mothers in the past.

“The foundation had done a lot for this community and today we are witnessing these gift items for the Christmas celebration”,he emphasised.

He called on the leaders of the community, women group, youths and residents to emulate the humanitarian gestures of the foundation and pleaded that they also borrow a leaf from the gesture,in order to also give to society whenever they can.

Earlier the leaders of Belema Bundu Ama, led by Oba, former Chairman, Benneth Kalio, and Secretary, Promise Mangibo, presented an Award of Excellence to the Founder of the Foundation for his Humanitarian and selfless service to the community.

Highlight of the event was the offering of a special prayer to the management of the foundation by aged mothers, youths and leadership of the community.

By: Chinedu Wosu

Rivers

Youths Condemn Killings In Andoni

Published

2 days ago

January 2, 2026

The Tide

The Obolo Youth Coalition, Rivers State Chapter, has condemned the recent spate of killings in Andoni Local Government Area, describing the renewed insecurity as alarming and constituting a threat to peace and stability in the area.

In a statement signed by its Chairman, Comr. Jonathan J. Eyina, the group expressed deep concern over what it described as brutal and senseless acts of violence, while extending condolences to the families of the victims.

The coalition said the resurgence of insecurity in Andoni has continued to undermine communal harmony and called for urgent steps to halt the trend before it escalates further.

It appealed to youths in the area to shun violence and embrace peace, stressing the need for tolerance, mutual respect and collective responsibility in safeguarding the community.

According to the group, restoring peace in Andoni requires a coordinated approach involving government, security agencies, community leaders and residents to identify and address the root causes of insecurity.

It noted that increased security presence, improved intelligence gathering, and sustained community engagement are critical to preventing further violence, adding that underlying social and economic challenges must also be addressed.

The coalition called on the Andoni Local Government Chairman, Hon. Lucky Promise-Otua, the Rivers State Governor, Sir Siminalayi Joseph Fubara, and the Commissioner of Police, CP Olugbenga Adepoju Adewole, to take decisive actions to restore security.

It further demanded that those responsible for the killings be apprehended and prosecuted to serve as a deterrent to others.

By: King Onunwor