News
Rivers Ranks Third In IGR

Rivers State has recorded N57.3billion, representing -11.2 percent to clinch the third position in the Internally Generated Revenue (IGR) index of the 36 states and the Federal Capital Territory (FCT) for the half-year running from January through June, 2021.
This means that the state dropped by 11.2percent from its record in the last assessment by the Nigeria Bureau of Statistics (NBS).
In the Annual State Viability Index (ASVI) 2020, Rivers ranked second, generating N117,189,729,245.29, representing 58.9per cent of Federation Account Allocation grossing N198,872,359,463.64.
The total revenue generated over the six-month period amounts to N849.2billion, representing an increase of +38.5per cent half-year year-on-year.
A breakdown shows that the North-East generated N42.9billion; North-West N79.1billion; South-Eat N52.2billion; North-Central N133.3billion; South-South N156.2billion; and South-West N385.4billion.
Maintaining the top spot is Lagos with N267.2billion, representing +30.7per cent in the 2021 half-year year-on-year report; and quickly followed in the second place by the FCT, which raked in a cumulative N69.1billion for the same period.
In the ASVI 2020 report, Lagos hit top spot in IGR with N418,988,587,897.11, representing 139.9per cent of FAA, grossing N299,574,277,490.98; while FCT generated N92,059,700,897.42, representing 306.8per cent of gross FAA at N30,003,717,459.53.
Ogun generated N54.8billion, representing increase of +131.5percent; Delta N41.9billion, representing increase of +36.0per cent; Kaduna hit N26.4billion, representing a rise of +81.6per cent; while Oyo generated N25.2billion, representing an increase of +41.7per cent over the period under review.
Between January and June, 2021, Akwa Ibom generated N18.1billion, up +11.6per cent; Ondo hit N17.9billion, up +31.8per cent; Edo got N17.6billion, an increase of +25.9per cent; and Kwara scooped N16.1billion, representing +70.7per cent year-on-year.
While Kano dropped in revenue generation to N15.1billion, representing -14.0per cent; other states such as Cross River got N14.8billion, representing an increase of +83.3per cent; just as Plateau raised its revenue generation capacity to N14.5billion, representing +53.9per cent for the six-month period.
Also, Enugu hit N14.1billion, representing +15.3per cent; Osun got N13.7billion, representing +52.6per cent; Anambra raked in N12.8billion, representing +33.8per cent; while Imo generated N9.99billion, representing +29.2per cent year-on-year record.
Other states that recorded upward revenue swing are Borno, which got N9.81billion, representing an increase of +82.4per cent; Kogi with N9.61billion, representing +29.3per cent; Nasarawa, with N9.50billion, representing +61.1per cent; Bauchi, with N9.47billion representing +64.6per cent; and Jigawa with N9.33billion, representing a dramatic upswing of +210.3per cent, year-on-year account.
Sokoto got N8.41billion, representing +82.9per cent; Zamfara N8.40billion representing +18.6per cent; Niger N7.93billion representing +97.3per cent; Ebonyi N7.75billion representing +22.5per cent; Abia N7.55billion representing +22.0per cent; and Katsina N7.49billion, representing +35.3per cent.
In the same six-month revenue generation profile, Kebbi squeezed in N7.66billion representing +67.2per cent; Benue N6.71billion representing +25.5per cent; Ekiti N6.59billion representing +105.5per cent; Bayelsa N6.42billion representing +19.1per cent; Adamawa N6.09billion representing +62.3per cent; Gombe N5.44billion representing +43.6per cent; Taraba N4.77billion representing +17.6per cent; and Yobe N4.03billion representing +2.7per cent.
Statistics reveal that only two states: Rivers and Kano recorded drop in revenue generation with the six-month period; while 34 states and FCT witnessed increase in generation capacity.
By: Nelson Chukwudi
News
Independence Anniversary: Nigeria Is A Failed Grandfather – Monarch
A first class traditional ruler in Rivers State, His Royal Majesty, King Aaron Ikuru, has described Nigeria at 65 as a grandfather who cannot provide leadership to other African Countries.
The monarch stated this in an interview at his palace in Ikuru Town, yesterday.
According to him, Nigeria would have been a developed country to set the pace in the whole of Africa, considering its numerous resources.
“Nigeria is a grandfather but not behaving as a grandfather. Our country, Nigeria, before and from the era of Independence was in the state of becoming a great country, but unfortunately is not becoming anything.
“We should be far ahead with what we have in the country. God blessed us, we have almost what it takes in terms of mineral resources, manpower amongst others that can drive speedy development in the country.
“If we’re able to harness all the things we have, even America by now would have respected us”, he said.
While blaming the past leaders of the country, the monarch called on the current leadership of the country to redouble efforts in order to narrow the differences in terms of development, exchange rate between naira and foreign currencies.
King Ikuru, who is also the Chairman of Andoni Area Traditional Rulers Council, however, lauded the efforts of the founding fathers, past leaders of the country for the achievements so far.
He also expressed optimism that Nigeria would be great, calling on the opinion leaders to shun tribalism and political intolerance in the country.
“If Nigeria should experience rapid development in all sectors, it means we must shun tribalism and political intolerance, the interest of our country must be our priority.
“We need to fight corruption vigorously, and leaders must show good example of discipline and integrity”, he said.
The monarch used the opportunity to wish Nigeria happy independence anniversary.
By: Enoch Epelle
News
FG begins payment of N32,000 pension increment to retirees – PTAD
The Pension Transitional Arrangement Directorate has announced the start of implementation of the new pension increments for pensioners under the Defined Benefit Scheme, saying the adjustments will be reflected in the September 2025 payroll cycle.
In a statement signed by Management and posted on its X handle, PTAD said the increase package includes a fixed N32,000 payment alongside percentage increases of 10.66% and 12.95% for eligible categories, which will benefit about 832,000 pensioners under its management.
Recall that PTAD in August announced President Bola Tinubu approved a series of measures, including new welfare benefits for pensioners under DBS.
The approval follows a formal request by PTAD’s Executive Secretary, Tolulope Odunaiya, seeking an emergency budgetary allocation to implement pension reforms and welfare benefits for the scheme’s retirees.
The measures include a N32,000 pension increment, percentage increases for pensioners of defunct and privatised agencies, pension harmonisation for all DBS pensioners, enrolment into the National Health Insurance Scheme, and the settlement of long-standing unfunded pension liabilities.
In a statement yesterday, PTAD said the partial release of N820.188 billion by the Federal Ministry of Finance from the emergency funding has made it possible for pensioners to begin receiving the enhanced payments immediately.
The statement read, “Further to the President’s approval of the emergency budgetary allocation for the payment of the new pension increment rates for Pensioners under the Defined Benefit Pension Scheme (DBS) that was earlier published by the Pension Transitional Arrangement Directorate on Friday, 8th August, 2025, the Directorate is delighted to announce the commencement of the implementation of the 832,000, 10.66% and 12.95% pension increment for eligible pensioners under the management of PTAD, in the September 2025 pension payroll cycle.
“This achievement has been made possible through the partial release of 820.188 billion by the Federal Ministry of Finance, from the initial 845 billion emergency funding approval granted by the Federal Government.
“This milestone clearly reaffirms the Federal Government’s dedication to safeguarding the welfare and entitlements of DBS Pensioners in line with the Renewed Hope Agenda.”
The directorate thanked President Bola Ahmed Tinubu for approving the emergency allocation.
It also acknowledged the role of the Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun; the Minister of State for Finance, Dr Doris Uzoka-Anite; the Accountant-General of the Federation and key presidential aides and parliamentary committees for their “timely interventions” and support.
The statement also expressed appreciation to organised pension groups, including the Nigeria Union of Pensioners and the Federal Parastatals and Private Sector Pensioners Association of Nigeria, for their cooperation during negotiations and implementation planning.
“We further assure all our DBS Pensioners and Stakeholders that the Directorate will continue to collaborate with the relevant authorities towards release of the outstanding approved funds and subsequent fulfilment of all future obligations relating to the pension increments and the landmark reforms,” the statement added.
The DBS covers pensioners who retired before the introduction of the Contributory Pension Scheme in 2004, including those from defunct public institutions, privatised agencies, and treasury-funded parastatals.
Over the years, many have faced irregular payments, delayed harmonisation, and inadequate healthcare access, challenges that the new reforms are expected to address.
News
Nigeria At 65: NOA urges citizens to foster unity, progress
The National Orientation Agency (NOA) has urged Nigeria. citizens to remain united, peaceful to enhance development of the nation as it celebrates 65th independence anniversary.
Mr Mkpoutom Mkpoutom, Director of NOA in Akwa Ibom, gave the charge in Uyo yesterday while addressing newsmen and stakeholders to mark the anniversary.
Mkpoutom said it was essential to recognise that the strength of Nigeria lay in its diversity
“With over 250 ethnic groups and an array of languages, the nation embodies a unique blend of heritage.
“This diversity should be seen not as a dividing line but as a unifying force that propels the country toward progress.
“As Akwa Ibom embarks on another year, it is crucial for all citizens to foster a sense of unity and shared purpose.
“Embrace dialogue, understanding and collaborate with the Renewed Hope Agenda of President Bola Tinubu in its efforts to addressing pressing challenges like poverty, security, education, and healthcare, thereby paving way for a brighter future for all.”
The state director, however, appealed to Nigerians from all walks of life to renew their commitment to a more prosperous, peaceful, and equitable nation.
“Let this anniversary serve as a reminder of the collective strength that lies in every citizen,” he said.
He urged everyone to contribute positively to the development of a better society.
Mkpoutom urged the people and all citizens to honour the labours of heroes past, as they celebrated the present, while working diligently toward a future filled with hope and opportunities for generations to come.
-
Rivers3 days ago
Eight Young Nigerian Entrepreneurs Win N2.4m In Youth Enterprise Challenge
-
News3 days ago
NCDMB Mulls Digitalization Training For 3700 Youths
-
Sports3 days ago
S’ Eagles to play Venezuela, Colombia Friendlies Nov
-
Rivers3 days ago
PHCCIMA, Others Laud ‘Made In Nigeria Conferences, Exhibitions’ Organisers
-
Sports3 days ago
Boxing: Khan Brings Chaos In Ring To Lagos
-
Sports3 days ago
Golf: Olapade, Okoko reign supreme at Lakowe Classic
-
Rivers3 days ago
FTAN Marks Tourism Day With March, Awards
-
Sports3 days ago
Arsenal’s Saliba Wants to Be Best