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PHCCIMA Breaks Down Rivers 2025 Budget

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The Port Harcourt Chamber of Commerce, Industry, Mines and Agriculture (PHCCIMA) has given its breakdown of the Rivers’ 2025  budget.
The PHCCIMA President, Dr. Chinyere Nwaoga, gave the breakdown in a statement on Tuesday, saying the budget will unlock trapped N500 billion tax revenue from trapped or recovered assets.
She recalled that PHCCIMA had on December 31, 2024 lauded the appropriation bill of 2025 as presented by the State Governor, Siminalayi Fubara, and promised to analyse the budget.
“We promised to analyse the budget and share our position after extensive research and analysis.
“We set up a think-tank committee to review the monetary policy with the private sector practitioners and we have come up with a position”, she said.
Nwaoga noted that the 2025 total budget approximates N1.2 trillion to be N388 billion higher than the 2024 figure of N800 billion.
However, she noted that when adjusted for inflation, “the Net Present Value of the current budget is approximately N1.1 trillion”.
She explained that the naira’s depreciation by 90 per cent year-on-year from January 2024 has reduced the budget’s net value to about N700 billion.
According to her, this further illustrates how the fiscal policies at the centre can impact even the best run states.
She commended the Rivers government’s plan to spend N678 billion on capital expenditure, which is roughly 30 per cent more than the operating expenditure.
“The plan to allocate N31 billion to Agric and support programmes for youths posits a strategy for genuine empowerment”, she stated.
The PHCCIMA President also advised the government to create a credible youth and women database for articulated disbursements and monitoring.
She said: “There may be need to update or recreate a strategic state wide enumeration targeted at Rivers State population”.
Nwaoga also suggested that the government should consider allotting a percentage of accrued funds to an investor guarantee programme to attract investment funds aimed at commerce.
She noted that “the policy to explore counterparty funding with the Universal Basic Education (UBE) to support education is smart”.
The PHCCIMA boss commended the government’s plan to source and save funds for the budget through various means, including FAAC, IGR, statutory allocation, mineral funds, VAT, refunds, and others.
According to her, the budget demonstrates financial prudence and less emphasis on bank borrowing.

She suggested that the government should re-enact the Rivers State Statutory Savings Account and ensure that assets do not deplete in value.

Nwaoga recommended that “we estimate an additional N100 billion, and the expansion of the under-declared and undeclared revenue sources with corporates”.

She stressed the need for the government to emphasise attracting new investments and unlocking value from existing assets.

“Rivers State Government should emphasise attracting new investments and unlocking value from existing assets”, she said.

She, however, urged that the government should continue to pursue clearing the backlog of pension liabilities and consider implementing a revised salary structure to motivate the workforce.

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Rivers High Court Restrain Trustees, Knights of St. John International, Others From Conducting Election

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The High Court sitting in Port Harcourt, Rivers State, has restrained the registered trustees of Knights of St John International, Supreme Subordinate Commandery, Nigeria, and four others from conducting elections into Our Lady of Holy Rosary Local Commandery No 920 CIWA, Port Harcourt, District 48 Commandery elections, and Supreme Subordinate elections of the Knights of St John International, Nigeria, pending the determination of the substantive matters before them.

Justice G.C. Aguma and Justice V.C. Ugoji, in their separate interim orders of injunction issued in Suit No: PHC/4410/CS/2025 and Suit No: PHC/4359/CS/2025, respectively, restrained the defendants, whether by themselves, their privies, agents, servants, or any person or group of persons working under them, from conducting elections into Our Lady of Holy Rosary Local Commandery No 920, CIWA Port Harcourt, District 48 Commandery, Port Harcourt Commandery, and Supreme Subordinate of Knights of St John International, Nigeria.

The claimants, Sir Njoku Chukwuemeka Andrew and Sir Chukwuemeka Martin Mba, in separate suits, through their legal representatives, dragged the defendants to court, seeking an order to restrain them from appointing or installing any interim caretaker executive or leadership to run or pilot the affairs of St John International, Our Lady of Holy Rosary Local Commandery No 920, CIWA, Port Harcourt.

The defendants in the matter are: Registered Trustees of Knights of St John International, Supreme Subordinate Commandery, Nigeria; Brig. Gen. Emmanuel Ufuoma Okene, the Grand President, Port Harcourt Grand Commandery, Knights of St John International; Noble Brother Viktor Benebo, the Chairman Investigation Committee set up by the 2nd Defendant to investigate the claimants; Sir Architect Prempeh Ebiware, the District 48 Commander, Knights of St John International, Port Harcourt; and Sir Harry Oruma, member of Knights of St John International, Our Lady of Holy Commandery No 920, CIWA, Port Harcourt.

The two judges, after listening to the counsels in the matter, granted the claimants’ request and adjourned the matter to 10/12/2025 and 16/12/2025, respectively, for hearing of the motion on notice.

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Police Arrest Workman Over Attack On Supervisor 

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The Boundary Police Division in Aluu Community, in Ikwerre Local Government Area of Rivers State, has arrested a workman identified simply as Joshua for allegedly attacking a site supervisor, Sopiriala Sokari, with a broken bottle, leaving him in coma.
According to information gathered by The Tide, the suspect remained in police custody over the weekend while medical personnel struggled to save the victim’s life at an undisclosed hospital in Aluu.
Speaking with journalists after regaining consciousness, Sokari explained that he had hired the suspect to carry out some work at the site for ?20,000.
Trouble reportedly began when Joshua rejected a ?10,000 part payment, which Sokari had offered with a promise to complete the balance after inspecting and confirming the work.
Sokari narrated how the suspect later trailed him to an eatery near the Obiri-Ikwerre Flyover, where he attacked him with a broken bottle even after a food vendor handed the full ?20,000 to the suspect in an attempt to prevent the incident.
“I am calling on Nigerians to help me. I have spent a lot of money. I need justice”, the victim pleaded.
An unverified video clip circulating online showed Sokari with multiple injuries allegedly sustained during the attack.
When contacted, the Police Public Relations Officer of the Rivers State Police Command, SP Grace Iringe-Koko, confirmed the incident.
“Yes, the suspect has been arrested. An in-depth investigation is ongoing”, she said.
By; King Onunwor
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Degema LGA Affirms Ngeribrama As Autonomous Community

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The authority of Degema Local Government Area (LGA) of Rivers State has affirmed the autonomous  status of Ngeribrama Community in Kalabari land, in the LGA.
A letter signed by the Chairman of the LGA, Dr. Michael John Williams, said to he affirmation was to give clarity and uphold dignity of the traditional institutions.
In his words,”the Council wishes to formally communicate its position regarding the status of Ngeribrama and its satellite communities.”
He disclosed that “following review of historical and administrative records, and confirmation of existing traditional structures, the Degema Local Government Council affirmed that Ngeribrama and its satellite communities were officially recognized as a fully autonomous community within Degema Local Government Area.”
He also noted that the community enjoys a distinct and independent traditional institution, acknowledged under local customs and traditions.
Against this backdrop, he emphasized the Council’s recognition of HRH, Daniel Ngeribrama (Ikata II) as the legitimate and duly acknowledged Amayanabo of Ngeribrama and its satellite communities.
The recognition, the Council’s Chairman further stated, “reflects the Council’s commitment to strengthening traditional authority, enhancing community identity, and promoting peaceful coexistence across all communities in the Local Government Area.”
Affirming the legitimacy and status of the amayanabo, Dr. Williams   reiterated the Council’s readiness to collaborate with the traditional  ruler to advance development, peace, and unity across Ngeribrama and Degema LGA at large.
Meanwhile, in an earlier statement the Amayanabo, chiefs and community leaders of Ngeribrama in Degema Local Government Area of Rivers State have condemned recent attempts to diminish the status and autonomy of the ancient Kalabari community.
A statement signed by the Secretary of Ngereribrama and Satellite Communities,  Prof. Olomabo Gillis Harry, said the clarification  has become pertinent as there have been recent attempts to diminish their status and role in Kalabari land.
The statement said, “The leadership of Ngeribrama and its satellite communities wishes to issue this public clarification for the benefit of the general public, stakeholders, and the wider Kalabari Kingdom.
“For the avoidance of doubt, Ngeribrama and its satellite communities do not fall under the authority of any town or village within the Kalabari Kingdom.”
It explained that Ngeribrama constitutes a fully autonomous community, with a long-established and widely acknowledged traditional institution headed by His Royal Highness, Daniel  Ngeribrama, Ikata II, the Amayanabo of Ngeribrama and Its satellite communities.
The statement noted that the   autonomous status of Ngeribrama was  recognised across Kalabari Kingdom and affirmed historically, culturally  and traditionally.
It  urged the  public is to disregard any claims, statements, or insinuations suggesting that Ngeribrama is under the jurisdiction of any other community.
“Ngeribrama, located within Degema Local Government Area (DELGA), maintains its own traditional governance structure”, the statement emphasised.
Enumerating the  traditional structure and levels of leadership in the community, it stated that the Amayanabo of Ngeribrama has other supporting structures with a duly constituted Council of Chiefs.
One of the chiefs is a senior member of the Royal Family, Chief Hon. Dr. Dax Kelly George, who is Da-Daigbani II.
The community, it further stated, has Elders’ Council, as well as Women and Youth Leadership.
“For historical clarity, our revered progenitor, Ngeribra, had only one child, his daughter, Princess Iwori, whose lineage forms the foundation of the Ngeribrama Community”, the statement continued.
It concluded that “Ngeribrama and its satellite communities remain committed to peaceful coexistence, mutual respect, and continued collaboration with sister communities within the Kalabari Kingdom, Rivers State, and the Federal Republic of Nigeria.”
By: Kevin Nengia
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