News
Sale Of Assets: Amaechi, Ukpo, Cole, Six Ex-Commissioners For Prosecution
The former Governor of Rivers State, Chibuike Rotimi Amaechi, Chairman of Sahara Energy Resources, Tonye Cole, ex-military administrator, Brigadier Anthony Ukpo (rtd) and six former commissioners for Health, Power, Transport, Commerce, Finance and Agriculture, are to face prosecution for the sales and buying of state-owned assets, a White Paper on the Justice George Omeregi Commission report has recommended.
The White Paper on the panel report released over the weekend by the State Executive Council after a meeting on Thursday, directed the Attorney-General and Commissioner for Justice, Emmanuel Aguma, a Senior Advocate of Nigeria (SAN) to immediately commence judicial process of recovering the assets.
Briefing newsmen on the details of the report, Commissioner for Housing, Barrister Emma Okah, stated that the sales of the 70 per cent equity share of the four gas power turbines at Omoku, Eleme, Trans-Amadi and Afam, totalling 621 megawatts at the cost of $800,000 per unit to Sahara NG HPS Limited was unjustifiable and against the interest of the state.
It also said the transaction was not transparent as NG Power HPS Ltd was yet to pay an outstanding balance of $28.4 million, after it acquired the power plants below market price of $432 million, even though actual balance was $146.5 million.
On the sale of Olympia Hotel, the report also picked holes in the concessioning agreement leasing the property for 40 years to one Centro Sarotem Hotel Limited for a fee of $1miilion equivalent to about N55.7million. While the actual sum of $2.4 million was to be paid, the cumulative concession value of the property and land was put at $3.450 million.
In the words of Okah, “the commission called for the review of the concession agreement covering the value of land, deduction of concession and for non-employment of Rivers State indigenes”.
Okah revealed that the commission further uncovered an illegal account opened by the Ministry of Commerce where about $155.7 million from the hotel concession was lodged.
“The account was opened by the ministry without the requisite authorization of the Accountant–General of the State,”Okah stated.
On the Monorail Project, the white paper indicted former military administrator of old Rivers State, Brigadier Anthony Ukpo, whose company, TSI Ltd had entered into a partnership agreement with Rivers State Government on the project.
While the state government was to contribute 20 per cent and TSI 80 per cent, yet the private partner never contributed as the state invested over N35 billion, which N11 billion was paid to Rivers State Monorail Company Limited managed by TSI Ltd.
The white paper called for the recovery of the fund from the company, Amaechi and former Transport Commissioner, George Tolofari, who were the masterminds of the failed project, as it frowned at the huge sum paid to Argus Gibbs a consultancy firm on the project at the tune of N696million since it contravened Section 52 of the State Procurement Law No4 of 2008.
The White Paper also directed the Attorney–General and Commissioner for Justice to commence legal proceedings to recover funds meant for the planned Adolphus Karibi Whyte Mega Hospital which never saw the light of the day.
The hospital initially conceived under private partnership deal shared funding between the state and one Clinotech Ltd 40 to 60 per cent.
While the state government contributed its own funding of $39 million, Clinotech failed in its obligation.
As if that was not enough, the report revealed that the state government went further to release a new Clinotech Turnkey project to the tune of N150 million as mobilization fee.
“The commission found that Clinotech Turnkey Management Ltd got N200 million paid in excess with nothing to show”, the report further revealed.
The report picked holes in the disbursement of the N2billion agric loan. The panel found that in June 2014 the past administration had accessed the loan from the Central Bank with plans to disburse to qualified agric cooperatives societies, but rather than do so, it gave the loans to politicians and cronies.
“About 282 cooperatives societies were hurriedly registered in 2014, while 38 were never registered at all,” according to the report.
The commission also found that the various local government chairmen were made managers of the fund, and therefore, called on former Governor Amaechi, the Agric Commissioner and those who disbursed the fund against the loan guidelines to be prosecuted and made to refund the monies.
On the State Reserve Fund, the panel found that over N38billion was saved in the account set up in 2008.
The fund grew to about N55billion in 2014 through investments. But in March 2014, the Rivers State House of Assembly passed a bill to remove the emergency clause to withdraw monies from the fund.
The amendment gave room for the withdrawal of N53billion between February 2014 to March 2015.
According to the panel, “the attempt by Governor Amaechi to withdraw the last N1.2 billion was prevented by some government institutions.”
The White Paper recommended that the ex-governor and principal officers of the House be prosecuted, while the former Secretary to the State Government be made to refund sum of N400million withdrawn in March and another N170 million withdrawn on 25th March.
The report also directed the owner of Orosi House to be made to account for about N300million for the lease of the property in 2012, even after the building had been gutted by fire some years before.
News
I’m Committed To Community Dev – Ajinwo
News
RSG Tasks Rural Dwellers On RAAMP …As Sensitization Team Visits Akulga, Degema, Three Others

Rivers State Head of Service, Dr (Mrs) Inyingi Brown, has called on rural communities in the State to embrace the Rural Access and Agricultural marketing project (RAAMP) with a view to improving their living conditions.
This follows the ongoing sensitization campaign by the State Project Implementation Unit (SPIU) visits to Degema, Abonnema, Afam headquarters of Degema, Akuku Toru and Oyigbo Etche and Omuma local government areas respectively.
Dr Brown who was represented by the Deputy Director, Special Duties in her office, Mrs Dein Akpanah, said RAAMP was initiated by the Federal Government and World Bank to economically empower rural dwellers.s
She said the World Bank understands the plights of rural farmers and traders in the State, and therefore came up with the programme to address them.
According to her, RAAMP will improve the conditions of farmers, traders and fishermen, and therefore, behoves on every rural communities in the State to embrace the programme.
The Head of Service also said the programme would support the youths to be gainfully employed while bridges and roads will be built to link farms and fishing settlements.
Also speaking, the State project coordinator, Mr Joshua Kpakol, said the programme has the potential of creating millionaires among farmers and fishermen in the State.
Kpakol who was represented by Engr. Sam Tombari, said RAAMP would help farmers and fishermen to preserve their produce.
According to him, the project will build cold rooms and Silos for preservation of crops and fishes while access roads will also be created to link farmers and fishermen to the market.
He, however, warned them against any act that will lead to the suspension of the projects by the World Bank.
Kpakol particularly warned against acts such as kidnapping, marching ground, gender based violence and child labour, adding that such acts if they occur may lead to the cancellation of the project by the World Bank.
During the visit to Oyigbo local government area, Mr Joshua Kpakol, said the team was there to let them know how they will benefit from the Raamp.
The coordinator who was personally at Oyigbo said the World Bank introduced the project to check food insecurity in the State.
He said already 19 states in Nigeria are already benefitting from the project and called on them to embrace the project.
Meanwhile, stakeholders in the three local government areas have commended the World Bank for including their areas in the project.
They, however, complained over the incessant attacks by pirates on their waterways.
At Degema, King Agolia of Ke kingdom said land was a major problem in the kingdom.
King Agolia represented by High Chief Alpheus Damiebi said many indigenes of the kingdom are willing to go into farming but are handicapped by lack of land.
Also at Degema, the representative of the Omu Onyam Ekeim of Usokun Degema kingdom, Osoabo Isaac, said Degema has embraced the programme but needed more information on the implementation of the programme.
Similarly, while High Chief Precious Abadi advised that the project should not be narrowed to only crop farming, a community women leader, Mrs Orikinge Eremabo Otto, called for the construction of cold rooms in all fishing settlements in the area.
At Abonnema, Mr Diamond Kio linked the problem of the area to incessant piracy along waterways.
He also expressed fears over the possibility of the project being hijacked by politicians.
Also at Abonnema, a stakeholder, Ikiriko Kelvin, called on the World Bank to design an agricultural project that will suit the riverine environment, while at Oyigbo, HRH Eze Boniface Akawo expressed satisfaction with the project.
John Bibor
News
Senate Replaces Natasha As Committee Chairman

The political mudslinging between the Senate leadership and Senator Natasha Akpoti-Uduaghan continued yesterday as the Senate named Senator Aniekan Bassey as the new Chairman of the Committee on Diaspora and Non-Governmental Organisations.
Senate President, Godswill Akpabio, announced the appointment during yesterday’s plenary, confirming Bassey’s replacement of Senator Natasha Akpoti-Uduaghan, who is currently on suspension.
Akpoti-Uduaghan was reassigned to the Diaspora and NGOs Committee in February after she was removed as Chair of the Senate Committee on Local Content during a minor reshuffle.
Bassey is the senator representing Akwa Ibom North-East Senatorial District.
Although no reason was given for her removal yesterday, the change is believed to be connected to her unresolved suspension.
In May, Justice Binta Nyako of the Federal High Court ordered her reinstatement and directed her to tender an apology to the Senate.
However, the Senate has insisted it has not received a certified true copy of the court judgment.
Akpoti-Uduaghan who represents Kogi Central, has yet to resume her legislative duties despite a recent court ruling that voided her suspension.
In a televised interview on Tuesday, Akpoti-Uduaghan said she was awaiting the Certified True Copy of the judgment before officially returning to plenary, citing legal advice and respect for institutional process.
Although the Federal High Court described her suspension as “excessive and unconstitutional”, a legal opinion dated July 5 and attributed to the Senate’s counsel, Paul Daudu (SAN), argued that the ruling lacked any binding directive to enforce her reinstatement.
Akpoti-Uduaghan, one of only three female senators in the current assembly, said the continued delay in allowing her return was not only a denial of her mandate but also a blow to democratic representation.
“By keeping me out of the chambers, the Senate is not just silencing Kogi Central, it’s denying Nigerian women and children representation. We are only three female senators now, down from eight,” she said.
-
Sports4 days ago
Oyibu predicts success for Team Nigeria at Athletics Championships
-
News4 days ago
Presidency Faults US Visa Restrictions On Nigerians, Demands Fair Treatment
-
Politics4 days ago
PDP Still Formidable Ahead 2027 – Nat’l Youth Leader
-
Niger Delta3 days ago
Commissioner Explains Oborevwori’s Retirement Age Extentoon For Associate Profs
-
Politics4 days ago
Civic Duty, Not Politics Necessitated My Engagement With Abacha – Obi
-
Women4 days ago
What To Know About Fufu, Loi Loi
-
Sports4 days ago
Former Champion Seeks Title Defence At Para Table Tennis Tourney
-
Rivers4 days ago
Don Sues For Leadership Assessment Centre In IAUE