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

Delta CP Seeks More Support From Traditional Institutions

Published

3 weeks ago

July 3, 2026

The Tide

The Commissioner of Police (CP) Delta State Command, Mr. Yemi Oyeniyi, has urged traditional institutions to continue to support law enforcement in the country.

Oyeniyi gave the advice on Tuesday at the palace of the Ovie of Uvwie Kingdom, Dr. Emmanuel Sideso, Abe 1, in Effurun, Uvwie Local Government Area of the state.

The Commissioner, who was on a familiarisation tour of police formations across the state, including the Effurun area command, solicited continued partnership of the Uvwie domain in strengthening intelligence gathering and promoting peaceful co-existence.

He commended the Ovie of Uvwie for his unwavering commitment to peace, security, and community development.

“I acknowledge the invaluable role of traditional institutions in supporting law enforcement in the country.

“I equally solicit continuous partnership of the Uvwie domain in strengthening intelligence gathering and promoting peaceful co-existence among the people”, he said.

In his remarks, the Ovie of Uvwie, welcomed the Commissioner and his entourage to the domain.

He reaffirmed the commitment of the people to supporting the Nigeria Police and other security agencies.

The royal father urged his subjects to continue to cooperate with the security agencies by way of providing timely and credible information.

The Commissioner, thereafter, proceeded to perform the groundbreaking of the Effurun area command at the instance of the Insp.-Gen. of Police, Mr. Olatunji Disu.

Rivers

IAUE Senate Approves Leadership, Language Center Establishment

Published

3 weeks ago

July 3, 2026

The Tide

The Senate of Ignatius Ajuru University of Education (IAUE), Rumuolumeni, Port Harcourt, has approved the establishment of a University Leadership Assessment Centre as proposed by Professor Veronica Okogbaa of the Department of Educational Management.

A statement signed by the Public Relations Officer of the university, Dr. Ngozi Okiridu, said the centre will, among other things, identify and develop high potential skilled leaders and talents.

It will also evaluate participants through multi dimensional approach rather than rely on subjective perceptions, indulge in leadership trainings, and generate income from services with succession planning.

Similarly, Senate also approved the establishment of a centre for languages, digital Humanities and intercultural studies as proposed by the Dean of Faculty of Humanities, Professor Ibiere Ken-Maduako.

The proposed centre, according to he statement, will have seven units namely language teaching unit, where French, Spanish, Arabic, Portuguese, German, Hausa, Igbo, Yoruba and Rivers State indigenous languages will be taught.

It will also have Translation and interpretation unit, indigenous languages documentation unit, Digital Humanities Laboratory, Artificial intelligence and language teaching unit, professional certification unit, as well as Research and Publication unit..

The statement quoted the Dean, Faculty of Humanities, Professor Ken-Maduako, the centre will offer certificate in language proficiency for beginners, intermediate, advanced Diploma programme, translation and interpretation courses, Digital Humanities certification programme, Artificial intelligence and language technology workshops, online and Hybrid learning programmes, weekend and evening public classes, indigenous languages documentation training and Business and professional communication courses.

Professor Ken-Maduako firther said the center “will increase visibility of the University nationally and internationally, generate sustainable internally generated revenue, increase opportunities for grants and donor funded projects, enhance interdisciplinary research output, promote cultural preservation and community engagement, strengthen the University”s profile in innovation and digital transformation, attract research collaboration and international partnerships, and improve graduate employability and digital competence.”

In his speech, the Chairman of Senate and Vice Chancellor of the university, Professor Okechuku Onuchuku, encouraged sponsors of the centre to source for funds for the take off of the centre.

He explained that Directors will be appointed for the self-sponsored centres and reiterated that his administration will continue to support all proposals geared towards the growth of the University as long as they are consistent with the academic brief of the Ivory Tower.

Earlier, Professor Samuel Otamiri commended Professor Veronica Okogbaa for the proposed centre which, he said, is a remarkable development, amd described it as a robust programme that would attract the necessary patronage .

In another development, the Senate welcomed a suggestion by Professor Priye Iyalla-Amadi that Valedictory Senate sessions be introduced and held for retired Professors.

Results from the Postgraduate School as presented by the Dean of the School, Professor Chibuzor Chile Nwobueze, was approved by Senate.

Senate also approved that presented by the Director of the Centre for Continuing Education (CCE), Professor Goddey Wilson, and that of the Graduate School of Business by Dr. Florence Ironawusi.

Sogbeba Dokubo

Rivers

Group Tasks School Proprietors, Parents On Early Preparation

Published

3 weeks ago

July 3, 2026

The Tide

The National President, Forum of Inclusive Educators and Readers (FIER), Mr. Onyeka Innocent, has admonished school owners and parents alike to learn how to prepare their children/wards ahead time in order to beat challenges irrespective of the angle they may spring up from.

Innocent made this known at the Forum’s meeting held partly in honour of the Spelling B, 2025 winners, in Port Harcourt.

“Soldiers are not trained during war, rather, they are trained and kept in the Barracks, waiting for war”, he said.

He said students must be provided with the necessary educational tools capable of boosting their academic pursuit.

According to him, proprietors of schools must conform with the Government’s authorities and guidance if they are determined to succeed in the project.

Another solution to educational management, he said, is the availability of Education Committees in schools, saying that it will improve the quality of its learning process.

Though he did not rule out decay in the society, he said there are few that still hold fast to determination and sincerity.

The FIER leader said his association was one of the bodies with the zeal to right wrongs in the society, especially in the Education sector.

He noted that his group was also prepared to reduce the number of out-of-school children by ensuring that education was taken to all parts of the Country.

On registration of private schools as directed by the State Government, he said his members are in compliance and assured of a cordial relationship between the Government and his Association.

Meanwhile, the winners of the Competition were Master Fredrick Jeffrey of Daisy Dan School, who emerged first; Badubulachi Maryan of Fertile Vineyard Academy, 2nd; and Itode Samuel of Baridoo Sam Joel School, 3rd.

They winners where rewarded with cash prices of N100,000, N50,000 and N30, 000 respectively.

King Onunwor