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

Rivers Police Uncovers Firearm Concealed In Loaf Of Bread

Published

2 days ago

June 29, 2026

The Tide

The Rivers State Police Command has foiled what appeared to be a criminal operation and recovered an illegal firearm ingeniously concealed inside a loaf of bread during a routine security operation in Port Harcourt.

This was contained in a statement by the Public Relations Officer, Rivers State Police Command, Blessing Agabe in Port Harcourt.

According to the statement, the operation formed part of intensified crime prevention measures directed by the Commissioner of Police, Rivers State Command, CP Olugbenga Adepoju, aimed at strengthening internal security and curbing criminal activities across the state.

The Command disclosed that the breakthrough occurred along Azikiwe Road by Red Cross Junction, Port Harcourt, when operatives on routine stop-and-search duty intercepted a vehicle and carried out a detailed screening of passengers and their belongings.

During the search, officers reportedly discovered a Browning pistol carefully hidden inside a loaf of bread allegedly belonging to one Braya Nanas, identified as a male resident of New Road, Borikiri, Port Harcourt, who was travelling in the vehicle.

Police said the unusual concealment method immediately raised suspicion, leading to the suspect’s arrest and further investigation into the circumstances surrounding the possession of the firearm.

Preliminary findings, according to the Command, revealed that the recovered pistol had no visible serial number, creating concerns over its source and possible intended use.

Investigators further quoted the suspect as allegedly admitting ownership of the weapon and stating that he purchased it in Okrika at the rate of N800,000.

Reacting to the development, the Commissioner of Police, CP Olugbenga Adepoju, warned that criminal elements continue to adopt increasingly deceptive methods to evade security checks and law enforcement surveillance.

He urged residents of Rivers State to remain alert and security conscious, stressing that the discovery of a firearm hidden inside an everyday food item underscores the need for heightened public vigilance.

The Police Commissioner also cautioned members of the public against accepting, transporting or keeping items whose contents are unknown, noting that such actions could unknowingly aid criminal activities.

The Command, therefore, called on residents to sustain collaboration with security agencies through timely and credible information sharing, insisting that effective policing remains dependent on active community participation and collective responsibility in building a safer Rivers State.

King Onunwor

Rivers

Okrika LG Flags-off TAPP Empowerment Programme, Phase II

Published

2 days ago

June 29, 2026

The Tide

As part of efforts to enhance his administration’s commitment to economic empowerment, job creation, and sustainable development across the Local Government Area (LGA), the Chairman of Okrika LGA, Hon. Akuro Alfred Tobin, has officially flagged off the second phase of the Tobin Akuro Prosperity Pathway (TAPP) Programme.

The flag-off ceremony, held at the Conference Hall of the LGA’s Council Secretariat, marked another milestone in the council’s drive to improve the socio-economic wellbeing of residents through targeted empowerment initiatives.

The event attracted key government officials and stakeholders, including the Secretary to Okrika Local Government Council, Hon. Oforiokuma Kwani; the Special Adviser on Empowerment, Hon. Adokiye Ogbogara; members of the Empowerment Committee; and other council officials.

In a symbolic presentation during the ceremony, the Empowerment Committee, led by its Chairman, Hon. Kingsley Ibanichuka, presented a specially designed photo frame and a commemorative photo book showcasing the achievements and impact of the first phase of the programme.

The committee also unveiled and presented the official branded polo shirt and fez cap for Phase II of the empowerment initiative to the Chairman.

Speaking during the event, the Chairman commended members of the Empowerment Committee for their dedication, transparency, and commitment in implementing the programme.

He noted that the success recorded in the first phase had encouraged the administration to expand the initiative in order to reach more residents and create greater economic opportunities.

According to the council boss, the Tobin Akuro Prosperity Pathway Programme was conceived as a strategic intervention aimed at reducing poverty, stimulating local enterprise, and equipping youths and entrepreneurs with the resources and skills needed to become self-reliant and productive members of society.

He disclosed that under Phase II of the programme, about 400 business owners and traders across Okrika would receive cash grants to strengthen and expand their businesses.

The intervention, he said, is expected to boost small-scale enterprises, enhance household incomes, and stimulate economic activities within the local economy.

Tobin further revealed that hundreds of youths would benefit from sponsored vocational and technical skills acquisition programmes in various fields, including scaffolding, fashion designing, welding, makeup and gele artistry, Total Glam, and several other vocational trades considered relevant in today’s economy.

The Chairman emphasized that the initiative goes beyond financial support, stressing that the programme is designed to build human capacity, encourage entrepreneurship, and create a pathway for sustainable wealth creation among beneficiaries.

“Our vision is to empower our people with the tools, knowledge, and opportunities they need to succeed. We believe that when individuals are economically empowered, families become stronger, communities become more prosperous, and development becomes sustainable”, he stated.

He urged prospective beneficiaries to make the most of the opportunity by applying themselves diligently to the skills training and utilizing the grants responsibly to achieve long-term economic growth.

Tobin also reassured residents that his administration would continue to implement people-oriented policies and programmes aimed at improving living standards and expanding opportunities for all segments of society.

Observers at the event described the TAPP initiative as one of the most impactful empowerment programmes undertaken by the present administration, citing its focus on entrepreneurship development, youth engagement, and poverty reduction.

Meanwhile, the main empowerment event has been scheduled for Wednesday, July 8, 2026, during which beneficiaries are expected to receive cash grants and vocational training support packages.

Since its inception, the TAPP has emerged as the flagship empowerment programme of the Okrika Local Government administration, touching lives across communities and reinforcing the council’s commitment to inclusive growth, economic prosperity, and the overall welfare of the people of Okrika.

The commencement of Phase II is expected to further consolidate the gains of the programme, while opening new opportunities for hundreds of residents seeking economic advancement and self-sufficiency.

Michael T. Abraham

Rivers

Urban Development Ministry, Others Strengthen Collaboration On Building Safety

Published

2 days ago

June 29, 2026

The Tide

The Rivers State Commissioner for Physical Planning and Urban Development, Hon. Amairigha Hart, has said the Ministry has intensified efforts to improve the safety of buildings through stronger collaboration with the National Emergency Management Agency (NEMA) and the Federal Housing Authority (FHA).

Amairigha, who said this at a strategic inter-agency meeting held in Port Harcourt, weekend, disclosed that the collaboration is aimed at establishing a unified operational framework to prevent overlaps and ensure coordinated action among agencies involved in the built environment.

Stressing the importance of collaboration in preventing structural failures and building collapses, the Commissioner said the regulatory and emergency response agencies must work together to ensure strict compliance with approved building standards and due process at every stage of construction.

He commended the prompt response of the Federal Housing Authority and NEMA to the recent building collapse along Peter Odili Road, describing their swift mobilisation as crucial to ongoing rescue efforts.

Providing an update on the incident, Hart disclosed that search, rescue and evacuation operations were still in progress.

He added that technical teams were carrying out a controlled demolition of the remaining lift shaft and stair core to prevent a secondary collapse and safeguard rescue personnel as well as neighbouring properties.

The Commissioner further emphasised that collaboration among agencies should go beyond emergency situations, noting that proactive monitoring and enforcement are essential to preventing future construction-related disasters.

The meeting ended with participants harmonising operational information and agreeing on measures to strengthen supervision, compliance monitoring and joint inspections of ongoing and future construction projects across Rivers State.

The resolution is expected to enhance coordination among state and federal agencies and promote safer building practices in the state.

King Onunwor