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Mayor of Housing Reveals Fubara’s Strongest attraction For Investors 

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The Mayor of Housing, My-ACE China,  has revealed one of the strongest attractions Governor Siminialayi Fubara holds  for investors like him. He called it “humility for continuity”.

China, who is also the CEO of  Housing and Construction Mayor Limited, disclosed this in an interview with newsmen in Port Harcourt.

According to him, for any governor to focus on completion of projects of his predecessor was a huge act in humility.

“Governance in Nigeria is such that politics is prioritized over valuetics.

“To know you did not start this project, but because you have the interest of the people at heart, you continue it, even in the midst of political crisis.”

“I have a quote that ‘without delivering tangible dividends of democracy, politics is the greatest liability any society can have”.

He gave examples of good projects that were stalled in Rivers State because of discontinuity as “the Rivers State Geographical Information System  (RivGis) and the Rainbow Estate in Trans-Amadi”.

He said a huge loss had been incurred in the two projects just because  successive administrations did not like the previous administrations that initiated those projects.

He said: “So, one of the reasons RivGis has not worked is because successive governments have come to truncate the good works of previous administrations.

“And when people are saying that the present governor has scored ‘zero’ because he continued and completed the projects that his predecessor started, I am wondering what planet these guys are speaking from.

“Because what has been killing any policy or project started by an administration is discontinuity by the next administration.

“Now, if any administration says it wants to continue the ones he inherited for the sake of the people, what makes that an offence”, he said.

He, therefore, called for the revival of RivGis, saying the way out is to systematize lands and housing subsector.

“I did not become Mayor of Housing in Port Harcourt, but in Abuja. I can tell you that the ease of doing business (EoDB) in Abuja is 100 times faster than in Rivers State.”

The Mayor of Housing revealed that Nigeria at the moment needs about N21 trillion to close the over 28 million housing deficit.

The Mayor of Housing advised  Gov. Fubara on what  to do to move the economy of the oil-rich state back to the front seat.

“Many business leaders point to the crisis of obtaining land papers in Rivers State and say this deserves urgent attention to attract investors.

“They also think housing deficit in Nigeria is getting out of hand.

Rivers State is the 7th most populous state in Nigeria with about seven million people. By December 2018, Nigeria posted about 20 million housing deficit, needing N21 trillion to close the gap.

“Gov. Sim Fubara of Rivers State has started with 20,000 low-cost houses that may be scaled up to 100,000. This looks promising. There is hope for more estates to spring up if ease of land papers, ease of regulation, etc can be enthroned.

Mayor of Housing attributed the bane of the housing sector in Rivers State to three major issues.

“First, let’s look at the Rivers housing situation. The housing deficit in Rivers State is worse because it is a one-city state, making most persons to cluster in the state capital, the oil city.

“By this, of the population of about 7 million people in the state, over 5 million people are congested in the state capital, Port Harcourt. In terms of city congestion, Port Harcourt is second most congested.

“Other states may have their population spread around, but in Rivers, it’s all in Port Harcourt, Obio/Akpor, and Eleme. When you have sequestration or concentration in one place, the ones that have houses in the villages come to the city to be homeless. They add to the housing deficit. There is exacerbation of deficit in the city.

“Next, there is absence of housing data in Rivers State. There are the superlative and fundamental factors in the Rivers housing analogy.

“The fundamental is that there is no agency in charge of all matters relating to lands and housing. In Rivers State, there are about five ministries and agencies looking after the sector.

“A single agency would have been the Rivers State Geographical Information System (RIVGIS), but because it is not fully functional, you now have the Ministry of Lands, Ministry of Housing, Ministry of Urban Development, the Surveyor-General’s Office, and more. In this situation, none has responsibility to collate all matters and interface with the public.”

According to him, the second most lucrative sector after oil in Nigeria right now is property.

“Until RivGis is so digitalized that there is no or minimal human interference just like in the banks, the state will not surge forward in development.

“The governor has said he started real governance in February 2024. We know that things are not where they should be, but we are very optimistic they are going to be far better because of the body language of the governor. The way the governor spoke shows he means business.

“He said at the summit that the state is now open for businesses. We in the private sector want to see more PPP initiatives and projects.

On what investors wanted from the Fubara administration, he said: “As an offshoot from the summit where investors expressed difficulty in getting land papers (certificates of occupancy), access to land, etc. I am sure this governor will follow through.

“The summit itself is a success for the mere fact that it took place, because that is the first one the state has had in 13 years. It shows that this governor means business. That is how the investors feel about the summit.

“Two: The continuity from the previous administration’s projects despite having issues with that administration, and he didn’t take out any of those projects because of malice of anything; that alone is a boost of confidence for the private sector.

“Third: Flag-off and actual start of construction of the 20,000 low-cost housing units under a PPP is also a confidence booster. Please, people should not underrate that project, because there has been hardly any FG housing project above 2,000 in a particular locus. The biggest FG housing project in Rivers State is the Trans-Amadi Garden which is not up to 1,000. Agip Housing Estate is also a FG housing project, and I am not sure it is over 2,000. So, 20,000 is actually a new city.

“This is one of the reasons real estate investors are comfortable with the 20,000 and in PPP.”

“My sincere advice to Gov. Fubara is to increase the number and size of PPP schemes. It is not only in projects but in planning. World class businesses often engage consultants to get them the information and finished reports to work with.

He also called on Gov. Fubara to endeavour to bring out a white paper on the summit.

“The governor needs to, as a matter of fact, sit down with group leaders, especially captains of industry and technocrats and develop a white paper from the summit’s panel discussions. The governor can ask, who do you know that can actually do this or that. Just like the way the Independent National Election Commission (INEC) wanted to use Bimodal Voter Accreditation System (BVAS) to remove election irregularities, though it was abused.

“We can ask for who has the expertise to map Rivers State and plan it vis-à-vis the part that has not yet been developed. Then, not only to have this in the system but have it in the public domain that everybody knows that this is the plan.”

 

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Ibas Inaugurates RSIEC, Service Commissions, Healthcare Board In Rivers  …Charges Appointees To Embrace Principles Of Service 

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The Administrator of Rivers State, Vice Admiral (Rtd) Ibok-Ete Ibas, has charged newly appointed Board members to uphold the highest standards of discipline, competence, integrity, and unwavering dedication in their service to the State.

 

He emphasized that such commitment is critical to stabilizing governance, restoring democratic institutions, and advancing the principles of good governance in the State.

 

 

 

This was contained in a statement by the Administrator’s Senior Special Adviser on Media, Hector Igbikiowubo on Monday.

 

 

 

Ibas issued the charge on Monday while inaugurating the reconstituted Rivers State Independent Electoral Commission (RSIEC), Rivers State Civil Service Commission, Rivers State Local Government Service Commission, and the Rivers State Primary Health Care Management Board at Government House, Port Harcourt.

 

 

 

The Administrator urged the new appointees to embrace their roles with diligence, patriotism, and a commitment to transforming Rivers State through excellent service.

 

 

 

Addressing the Chairman and members of RSIEC, Ibas underscored their pivotal role in ensuring credible local government elections that reflect the will of the people.

 

 

 

“Your task is clear but demanding: to conduct free, fair, transparent, and credible elections at the grassroots level. You must resist bias, favoritism, and external interference while restoring public confidence in the electoral process,” he stated.

 

 

 

“The independence of your actions is crucial to sustaining peace, stability, and grassroots governance. I urge you to act with fairness, impartiality, and professionalism—even in the face of difficult choices,” Ibas added.

 

 

 

The Sole Administrator also charged the Rivers State Civil Service Commission on the need to eliminate mediocrity and foster a culture of excellence through merit-based recruitment, training, and promotions.

 

 

 

“The civil service must transition from favoritism to competence, integrity, and accountability. Your commission will lead reforms, including digital transformation and standardized practices across ministries, departments, and agencies,” he said.

 

 

 

He disclosed that extensive training programmes are underway, with a committee set up to overhaul the public service framework for greater efficiency.

 

 

 

Meanwhile, Ibas urged the Rivers State Local Government Service Commission to ensure professionalism and discipline in local government administration.

 

 

 

“As the closest tier of government to the people, you must drive reforms that insulate the system from politics and mediocrity. Your mandate includes merit-based recruitment, training, and enforcing standards for effective service delivery,” he stated.

 

 

 

In the same vein, the Administrator charged the Rivers State Primary Health Care Management Board with revitalizing healthcare delivery across the state’s 23 local government areas.

 

 

 

“Primary healthcare is the foundation of a sustainable health system. Your board must ensure facilities are adequately staffed, equipped, and operational focusing on maternal health, immunization, malaria control, and community health services,” he said.

 

 

 

He emphasized data-driven operations, incentives for rural health workers, and restoring the referral system to improve healthcare access.

 

 

 

He also assured the Board of sustained government support, including funding, for the effective discharge of their mandates but warned that board members would be held accountable for their performance.

 

 

 

The newly inaugurated members include: RSIEC: Dr. Michael Ekpai Odey (Chairman) with Prof. Arthur Nwafor, Prof. Joyce Akaninwor, and others as members.

 

 

 

Civil Service Commission: Dr. Livinus Bariki (Chairman), Amb. Lot Egopija, Mrs. Maeve Bestman, and others.

 

 

 

Local Govt. Service Commission: Mr. Isreal Amadi (Chairman), Rear Adm. Emmanuel Ofik (Rtd), Dr. Tonye Pepple, and others.

 

 

 

Primary Health Care Board: Dr. Dawari George (Chairman), Dr. Chituru Adiele (Executive Director), Prof. Kaladada Korubo, and representatives from key ministries.

 

 

 

 

 

 

 

 

 

 

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Rivers PDP Debunks Sale Of LGA Election Forms

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The Publicity Secretary of the Peoples Democratic Party (PDP) in Rivers State, Dr. Kenneth Yowika, has debunked claims that the party has commenced sale of forms for chairmanship and councillorship elections across the 23 local government areas of the state.

 

Yowika made the rebuttal in a statement made available to newsmen on Wednesday, describing the publication on the social media as baseless and untrue.

 

He urged members of the PDP to disregard the claim, saying that official communication regarding the sale of forms would be disclosed through the appropriate channels.

 

“With reference to information trending on social media, it has been falsely claimed that the sale of forms for Chairmanship and Councillorship elections in the 23 Local Government Areas (LGAs) of Rivers State will begin soon.

 

“However, the party has firmly denied these rumours, stating that they are baseless and untrue.

 

“The party has its own established methods of reaching out to its numerous supporters.

 

“The People’s Democratic Party, a law-abiding organisation, will patiently await the release of guidelines from the recently inaugurated Rivers State Independent Electoral Commission (RSIEC) before considering any sale of election forms.

 

“The PDP is urging its members to remain calm as official communication regarding the sale of forms will be disclosed through appropriate channels,” the statement read.

 

Enoch Epelle

 

 

 

 

 

 

 

 

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South-South contributes N34trn to Nigeria’s economy in 2024 – Institute

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Prof. Pius Olanrewaju, President of the Chartered Institute of Bankers of Nigeria (CIBN), has stated that the South-South region contributes N34 trillion to country’s economy in 2024.

He made the remark at the South-South Zonal Banking and Finance Conference in Calabar, yesterday.

He spoke on the theme, ‘’Building An Inclusive South-South: Economic Diversification as a Catalyst For Development.’’

Olanrewaju, who quoted the data from the Cable Data Index, said the feat was more than 21 per cent of Nigeria’s real Gross Domestic Product (GDP).

The president described the growth as ‘’ impressive,’’ saying that it was not driven by oil alone but significant expansions in trade, services, and the creative industries.

According to him, to fully harness this potential, coordinated financial, technological, and policy support is essential.

“As we work to reposition the South-South for broad-based prosperity, the financial system must play a central role, not merely as a source of capital, but as a catalyst for innovation, ideas incubation, and inclusive economic growth.

“This conference, therefore, provides a strategic opportunity for stakeholders to reimagine the South-South economy, not merely as a resource belt, but as a region of diverse capabilities and resilient enterprises.”

Olanrewaju added that Nigeria must move beyond old models and chart a new course for the development of the South-South region, where financial institutions and stakeholder collaborate to diversify the economy for shared prosperity.

He,  however, commended Gov. Bassey Otu for his pledge of land for CIBN Secretariat in Cross River and being the first sitting governor to willingly undergo and complete the Chartered Bankers Programme.

On his part, Gov. Otu said that the conference discussion on the economic diversification in South-South region was timely against the backdrop of global trade and economic volatility that was affecting the nation’s economy.

Represented by his deputy, Mr Peter Odey, Otu said the South-South region must now act with urgency to diversify its economy while leveraging its shared natural endowment in agriculture and extractive resources.

“This conference must help develop tailored financial solutions that reflect the unique strengths and realities of states like Cross River in the south-south.

“Diversification should be evidence-based and must be backed not just by financial advice but project focused financing and real investment support,” he noted.

He said that Cross River had taken the bold step to invest in its agricultural sector by launching an Agro processing hub.

Otu further said that the state had invested in aviation by acquiring more aircrafts for Cally Air, construction of the Bakassi Deep Seaport and injecting N18 billion in its tourism sector.

Similarly, Mr Tolefe Jibunoh, Cross River Branch Controller of the Central Bank of Nigeria (CBN) said that the region was blessed with natural resources, cultural diversities and immense human potentials.

Jibunoh, who was represented by Mr Segun Shittu, Head, Currency Control Office, CBN, Calabar, noted that strategic diversification could unlock unprecedented opportunities for growth in the region.

He added that the CBN remained steadfast to maintain monetary possibilities and promote a sound financial system as a catalyst for sustainable economic development for the benefit of all.

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