Niger Delta

Ayade Wants Contractual Fees Paid In Local Currency

Published

10 years ago

April 27, 2016

As part of measures to
stenghten the naira and grow the local economy, the Cross River State Governor, Professor Ben Ayade, has advocated for payment of conractual fees and charges to multi-national companies in local currency/
Ayade, who stated this when he received the chairman and other members of Senate Committee on Petroleum Resources Upstream on a 3-day workshop in Calabar, said that it is by so doing that the emphasis on dollars will be less and the value for naira better appreciated.
“The dollarisation of contracts in the oil and gas sector is another crippling issue in this country. It is only in Nigeria that contracts are awarded in dollars and denominated in dollar.”
The international exchange rate is fast changing, a lot of people prefer to do business in their local currency, and we have countries that have made laws that stipulate a minimum irreversible exchange rate between their currency and the dollar; We should not be an exception.
He further argued that the activities in the oil and gas sector in the country which allowed for the sale of crude oil in dollars, with the dollar not returning to Central Bank of Nigeria was another issue which should be tackled under the local content law.
“With our main exports, we should not have this kind of exchange rate that we are having in naira today. It may be synthetic, it may be a little artificial, it could be black market induced but we have failed to establish a framework that can give the naira its value,” he said.
“Must we always put the naira against the dollar?” Ayade asked rhetorically, noting that, “in most countries like UK, some of their foreign reserves come in form of gold. Why must our foreign reserves be in our dollar, why can’t we commoditise our foreign reserves?”
The governor who reasoned that the country was blessed with abundant mineral deposits like bitumen, gold, iron, among others, stressed the need to convert these into foreign reserves in material terms and bring the naira to shore up its value.
Ayade urged the Federal Government to take a deliberate policy as well as ensure full implementation of local content act to strengthen the naira while advising that all LNG shipments sales out of Nigeria be paid to CBN directly.
Earlier, Chairman, Senate Committee on Petroleum Resources Upstream, Senator Tayo Alasoadura, said the choice of Calabar for the workshop was not misplaced because Cross River had over the years distinguished itself as the preferred destination in the country because of its ambiance and serenity.
He thanked the state government for partnering with the committee to actualise the workshop, saying that the essence was to meet minds with relevant stakeholders in the oil and gas sector in tackling some of the issues raised in the sector in a manner that would impact positively on the citizenry.

Friday Nwagbara, Calabar

Niger Delta

850-bed UCTH overstretched, services 5m patients – CMD

Published

4 hours ago

May 18, 2026

The Tide

The Chief Medical Director (CMD) of the University of Calabar Teaching Hospital (UCTH), Prof. Ikpeme Ikpeme, has said the 850-bed hospital is overstretched, as it currently serves over five million patients.

He disclosed this on Friday during a media tour of the facility to showcase ongoing renovations and facelift in the hospital.

The CMD noted that, aside being the only tertiary healthcare facility servicing the state, UCTH also serviced neighbouring states of Akwa Ibom and Ebonyi.

He said the hospital also received referrals from neighbouring countries, including Cameroon, Equatorial Guinea and Central African Republic.

According to him, the 850-bed hospital faced persistent space constraints because of increasing patients inflow and expanding healthcare demands.

“This hospital currently operates 62 clinical and non-clinical departments as well as between 30 and 38 wards covering medical, surgical, paediatric, orthopaedic and specialised services.

“Most wards have undergone facelift, remodelling, or complete renovation to improve patient care and working conditions for healthcare professionals”, he said.

He disclosed that the hospital was constructing a new 106-bed emergency medicine facility to address the rising demand for healthcare services.

According to him, the facility will include trauma bays, intensive care units, neonatal wards, and three fully equipped trauma theatres.

Speaking on the remodeled wards, Ikpeme explained that they followed modern nursing principles, allowing one nurse to attend to a maximum of 10 patients.

He said relatives would be restricted to designated waiting areas to reduce interference with medical procedures and improve emergency response efficiency.

The CMD noted that the hospital had strengthened specialist services in orthopaedics, neurosurgery, obstetrics, radiology, and minimally invasive surgery.

“UCTH now performs hip and knee replacements, arthroscopy, sports medicine, and complex brain tumour surgeries.

“Our surgeons also conduct keyhole procedures for appendectomy, hysterectomy and other conditions with faster patient recovery periods,” he said

In power, the CMD said the hospital relied on solar power from a seven-megawatt plant, constructed by the Federal Government at the University of Calabar, as well as public power supply, and generators to sustain its operations.

He appealed to governments, organisations, and philanthropists to support infrastructure expansion, equipment procurement, and specialised healthcare projects.

The CMD said the hospital required additional incubators, ward expansions, and a stand-alone amenity facility for private healthcare services.

He used the opportunity to dismiss allegations of ethnic discrimination, insisting that the hospital does not reject workers or patients based on tribe or origin.

According to him, the institution recently honoured an Igbo pioneer physician by naming a ward after him in recognition of decades of service.

The CMD said the hospital maintained strict disciplinary procedures to address negligence, poor attitude, and unethical conduct among staff.

The Tide’s source reports that some of the units visited include, intensive care unit, Department of Radiology, Urology Clinic, and Opthalmology Clinic.

Niger Delta

Police Burst Child Trafficking Syndicate In A’Ibom … Nab 3 Suspects

Published

4 hours ago

May 18, 2026

The Tide

The Police Command in Akwa Ibom State says it has busted a child trafficking syndicate and arrested three suspects for conspiracy and unlawful sale of a newborn baby in the State.

The State’s Police Public Relations Officer (PPRO), DSP Timfom John, who disclosed this in a statement in Uyo on Friday, said the three female suspects were arrested on Wednesday at about 1900hrs.

She said a complainant reported that his wife gave birth to a baby boy on May 7 and shockingly, shortly after delivery sold the newborn child to one of the suspects for N145, 000.

“Upon receipt of the report, operatives immediately swung into action, leading to the arrest of the suspects and the successful recovery of the baby boy.

“The suspects reportedly confessed to the crime during interrogation, while investigation has been expanded to identify and apprehend all individuals connected to the trafficking syndicate”, John said.

She said the State’s Commissioner of Police, Baba Azare, reiterated the Command’s commitment to sustaining aggressive intelligence-led policing in the state.

Niger Delta

A’Ibom Launches Operation Crack Down Scrap Dealers

Published

4 hours ago

May 18, 2026

The Tide

The Akwa-Ibom State Government has launched a statewide crackdown on unregistered scrap dealers and scavengers, shutting down illegal operations and arresting operators accused of violating environmental and public safety regulations.

The enforcement operation, led by the Akwa Ibom State Environmental Protection and Waste Management Agency (AKSEPWMA), followed the implementation of the state’s Waste Metal Scrap Law 2026, officials said.

AKSEPWMA Chairman, Obong Prince Ikim, said the exercise was aimed at regulating the scrap sector, protect the environment, and prevent criminal groups from operating under the guise of waste collection and metal trading.

“If you want to do scrap business, you must register,” Mr. Ikim said during the operation in Uyo, the state capital.

“Many people now hide under scrap trading to perpetrate nefarious activities”, he said.

According to him, dump site operators and scrap dealers who failed to register with the government risked closure and prosecution.

Authorities accused some operators of involvement in vandalism of public infrastructure and indiscriminate waste disposal, adding that investigations had uncovered criminal activities linked to several dump sites across the state.

“Some people vandalise government facilities in the name of scrap business and encourage indiscriminate dumping of refuse,” Mr. Ikim said.

He added that the state government and security agencies would continue efforts to enforce compliance and maintain public order.

“The Commissioner of Police has zero tolerance for criminality, and the Governor wants Akwa Ibom people to sleep with their eyes closed. We will fish out every defaulter”, he said.

Police officials involved in the operation said investigations showed that some criminal suspects used scrap yards and refuse dump sites as cover for illegal activities.

CSP Okwuzulike Vincent of the Itam Police Station said some suspects pretended to be mentally unstable while hiding ammunition and other suspicious items in makeshift shelters around dump locations.

The police officer praised the environmental agency for what he described as proactive efforts to sanitise the sector and pledged continued cooperation between law enforcement and the agency.

Officials said some first-time offenders arrested during the operation were released after profiling and signing undertakings, while repeat offenders would face prosecution.