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Implementation Of New Naira Policy Is Anti-People, Wike Tells Buhari …Insists Cabal In Presidency Backing Atiku
Rivers State Governor, Chief Nyesom Wike, has advised President Muhammadu Buhari to reconsider the manner with which the currency redesign policy is being implemented because it is anti-people.
Governor Wike maintained that those who recommended this apparently anti-people monetary policy do not love the President and are bent on tarnishing his legacies.
The governor stated this at the Comprehensive Secondary School field, Ibaka Town, Okrika Island, during the Rivers State Peoples Democratic Party (PDP) Campaign Flag-off Rally for Okrika Local Government Area, last Friday.
Governor Wike, in a statement by his Special Assistant on Media, Kelvin Ebiri, urged President Buhari to take a critical look at the socio-economic chaos and hardship that the exercise has caused, and revisit the policy in order to curb the pains of Nigerians.
According to him, “This policy is anti-people. The new Naira note is not there. Even though I have money in my account, I cannot get N10,000. I cannot go and buy fuel. Who is losing? Is it not the masses? Is it not the people?”
He advised the President to stop listening to those who advise him on this monetary policy under the guise that it will curb vote buying, saying those advisors do not mean well for Nigerians and cannot feel their sufferings.
Governor Wike also dismissed the claim that the policy is being implemented to fight politicians and corruption, and wondered if such goals can be achieved within the remaining three months of President Buhari’s administration.
“You’re merely fighting against the poor people. Mr President, I know the pressure, but please since two of us are going the same time, this policy, it has nothing to fight corruption at all. It has nothing to fight politicians.
“This policy is aimed to suffer the people who elected us to govern over them. Our business is not to make the people to suffer. We all know how to fight corruption. We all know how to fight politicians. This particular one, it does not come in at all”, he insisted.
Governor Wike expressed dismay that people were prevented from accessing money lodged in their bank accounts while small scale commercial activities were grounded for lack of cash.
According to him, there is reduced cash flow in circulation and even the redesigned Naira notes are hardly available to the citizenry.
“I know Mr President has good intention, but there are these people who believe they know more than everybody, they go and put the country in total chaos and that is what we are suffering now”, Wike said.
He stressed the futility of presenting credit cards to pay for food items bought from an elderly woman who depends on daily sales to raise money in the rural areas with prevailing illiteracy.
According to the governor, there is no where in the world where such currency change has been done conclusively within six months.
He said, “I have never seen anywhere in this world where you change money within six months and say no more use of old money. It doesn’t work. It takes time and you have to prepare. Look at our economy, look at the rural areas, the level of illiteracy in the country.”
Governor Wike urged President Buhari to avert aggravating the security challenge across the country and pushing Nigerians deeper into economic hardship.
“Can you imagine the problem you’re causing for us. As we are here, the level of insecurity will increase. We can’t get security agencies money any longer for them to use and pay those who are in the field. Even the CIA they carry cash for operation. Even NIA, they carry cash for operation. But here, we can’t even give our security One Million Naira.”
Speaking further, Governor Wike said recent events had vindicated him over his initial public statement that the PDP presidential candidate and his supporters boasted that they do not need the G-5 governors to win election because they had been assured of victory by a cabal in the presidency.
“I said they have been given assurance, but this election is not going to be based on that cabal assurance. It is on the people’s assurance”, he said.
Governor Wike, however, insisted that any party that does not need Rivers State will lose the election.
According to him, “whether you like it or not, you must need Rivers State. If you don’t need Rivers State you must fail. If you say you don’t want us, you’ll fail. There is no two ways about it.”
Soliciting votes for the PDP governorship candidate in the state, Sir Siminialayi Fubara and other PDP candidates, Governor Wike urged the people to vote overwhelmingly for the PDP.
He disclosed that the contract for the Okrika sandfilling project has been re-awarded because the former contractor who is their son has failed to finish the project.
Governor Wike also announced the upgrading to first class traditional stool status, confirmation and recognition of King Nelson Atubo Oputibeya as the Amanyanabo of Koniju.
Sir Fubara, in his address, said his administration, when elected as governor, would work to sustain the existing peace in Okrika, complete any ongoing project it may inherit, and provide more development projects to them.
Rivers State Chairman of the PDP, Ambassador Desmond Akawor, who presented the party’s flags to the various candidates in the area, urged Okrika people to vote massively for the party’s candidates.
Speaking on behalf of other candidates, the Rivers East Senatorial candidate, Chief Allwell Onyesoh, thanked the leadership and members of the party for the privilege given to them to fly the party’s flag, pledging that they will provide quality representation when elected.
Earlier, Governor Wike had inaugurated a 100-Bed Mother and Child Hospital in Okrika, which was built under the auspices of the Sustainable Development Goals (SDGs) in the office of the presidency.
The project was nominated and attracted to the area by Hon. Bright Gogo, the House of Representatives member for Okrika and Ogu/Bolo federal constituency.
While commending Princess Adejoke Adefulire, the Senior Special Assistants on SDGs to President Buhari, for ensuring the building and equipping of the hospital, Governor Wike noted that Hon. Gogo has distinguished himself for attracting and realising the project in his constituency unlike other federal lawmakers from the state who attracted no projects.
The Administrator of Rivers State, Retired Vice Admiral Ibok-Ete Ekwe Ibas, has assured the commitment of Rivers State government to workers’s welfare and industrial harmony in Rivers State.
The Sole Administrator gave the assurance after meeting with leadership of organized labour unions at the Government House, Port Harcourt on Wednesday.
Ibas reaffirmed government’s policy of prompt payment of salaries and pensions to workers and retirees, stating that all local government employees are not receiving the approved minimum wage.
He disclosed that approval has been given for payment of newly employed staff at Rivers State University Teaching Hospital and the Judiciary, while medical workers in Local Government Areas will now receive correct wages.
Ibas explained that, Government is reviewing implementation challenges of the Contributory Pension Scheme ahead of the July 2025 deadline, adding that Intervention buses have been reintroduced to ease workers’ transportation ,with plans to expand the fleet.
He said specialized leadership training for top civil servants will commence within two weeks, while due consideration is being given to implementing the N32,000 consequential adjustment for pensioners and clearing outstanding gratuities.
Ibas commended Rivers State workers for their dedication to service and called for sustained partnership with labour unions to maintain industrial peace.
“This administration recognizes workers as critical partners in development. We remain committed to addressing your legitimate concerns within available resources,” he stated.
The State NLC Chairman, Comrade Alex Agwanwor, thanked the Administrator for the steps taken so far with regard to workers welfare while appreciating his disposition towards alleviating the transportation problem faced by workers.
He also expressed appreciation for the government’s openness to dialogue and pledged continued cooperation towards achieving mutual goals.
The Rivers State Government assured all workers of its unwavering commitment to their welfare and called for continued dedication to service delivery for the collective progress of our dear State.
The Nigeria Labour Congress (NLC), Rivers Council, has called for policies that will improve the economic situation of the country in order to ensure enhanced living standard for workers.
The State Chairman, Mr Alex Agwanwor, made the remark on behalf of the unions affiliated to Labour Congress during the 2025 workers day celebration in Port Harcourt, yesterday.
Agwanwor highlighted the demands of the Unions which included the immediate payment of pension arrears, implementation of the N32,000 minimum wage for pensioners, and payment of gratuities and death benefits without further delay.
“We are calling for the regulation and protection of e-hailing drivers, implementation of increments and promotions, and resolution of long-standing issues in the polytechnic sector,” he said.
Agwanwor on behalf of the unions appealed to President Bola Tinubu to reinstate the democratically elected Governor, Deputy Governor, and members of the Rivers State House of Assembly.
He stressed the importance of democratic governance and good working relationship with elected representatives.
According to him, the unions expressed disappointment over the imposition of taxes, increase in electricity tariff, and high cost of goods and services, which have further worsened the plight of workers.
“We urge the federal government to take measures to alleviate the suffering of citizens,” he said.
Vice-President Kashim Shettima says President Bola Tinubu is committed to unlocking Nigeria’s full potential and position the country as a leading force on the African continent.
Shettima stated this when he hosted a delegation from the Hertie School of Governance, Berlin, led by its Senior Fellow, Dr Rolf Alter, at the Presidential Villa in Abuja last Wednesday.
He said Nigeria was actively seeking expertise from the global best institutions to enhance policy formulation and implementation, particularly in human capital development.
The Vice-President noted that President Tinubu was determined to elevate Nigeria to its rightful position as a leading force in Africa.
“The current crop of leadership in Nigeria under President Bola Ahmed Tinubu is ready and willing to unleash the full potential of the Nigerian nation on the African continent.
” We are laying the groundwork through strategic reforms, and at the heart of it, is human capital development.”
He described the Hertie School as a valuable partner in the journey.
According to him, Hertie School of Governance, Berlin, has track record and institutional knowledge to add value to our policy formulation and delivery, especially in this disruptive age.
Shettima reiterated the government’s priority on upskilling Nigerians, saying ” skills are very important, and with our Human Capital Development (HCD) 2.0 programme.
“We are in a position to unleash the full potential of the Nigerian people by enhancing their capital skills.”
The Vice-President acknowledged the vital support of international development partners in that effort.
” I want to thank the World Bank, the European Union, the Bill and Melinda Gates Foundation, and all our partners in that drive to add value to the Nigerian nation,” he maintained.
The Vice-President said human capital development was both an economic imperative and a social necessity.
Shettima assured the delegation of the government’s readiness to deepen cooperation.
” We need the skills and the capacity from your school. The world is now knowledge-driven.
“I wish to implore you to have a very warm and robust partnership with the government and people of Nigeria.”
Shettima further explained recent economic decisions of the government, including fuel subsidy removal and foreign exchange reforms.
“The removal of fuel subsidy, the unification of the exchange rate regime and the revolution in the energy sector are all painful processes, but at the end of the day, the Nigerian people will laugh last.
“President Tinubu is a very modern leader who is willing to take far-reaching, courageous decisions to reposition the Nigerian economy,” he added.
Earlier, Alter, congratulated the Tinubu administration for the successful launch and implementation of the Human Capital Development (HCD) strategy.
The group leader described the development as ambitious and targeted towards the improvement of the lives of the citizens.
He expressed satisfaction with the outcome of his engagements since arriving in the country.
He applauded the zeal, commitment, energy and goodwill observed among stakeholders in the implementation of Nigeria’s HCD programme.
Alter said the Hertie School of Governance would work closely with authorities in Nigeria across different levels to deliver programmes specifically designed to address the unique needs of the country.
He, however, stressed the need for government officials at different levels to be agile and amenable to the dynamics of the evolving world, particularly as Nigeria attempted to successfully accelerate its human capital development aspirations.
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