Rivers
RSG To Adopt New Accounting Standard
Rivers State Government
would adopt modern public accounting procedures as a way of transforming its Public Finance Management system to be in line with acceptable global accounting standard.
Governor Chibuike Amaechi made this known through the Secretary to the State Government, Mr. George Feyii at a one-day sensitization workshop organised for Commissioners and Head of Government Ministries in the State on International Public sector Accounting Standard (IPSAS) in Port Harcourt, recently.
According to the governor, the new accounting system in the state would create room for economic development, unlike in the past when public accounting procedures were done on cash basis which often results in complications.
He urged participants at the workshop to key into the new system of accounting practice and to show more commitment toward the process.
Also speaking, the Commissioner for Finance, Dr. Chamberlain Peterside explained that with the new accounting standard, it would be possible to keep pace with changing accounting, developments, improve accountability in the State and ensure transparency through IPSAS compliant financial statements.
He said while old accounting practices should be discontinued, supportive accounting policies must be developed to guide accounting in the State in line with IPSAS requirements which includes, adoption of accurate budget codes and charts for all accounting equations, revenue and expenditures.
Other requirements listed by the finance commissioner for effective implementation of the new accounting standard include its translation into specific policies and the creation of operational double-entry accounting system in all the State ministries, departments and agencies.
In a presentation, the World Bank representative at the workshop, Mr. Jens Kristensen said “public financial management touches on politics and power and the reform of budget system amounts to restructuring of politics and power”.
He said Rivers State was among the four states including Delta, Edo and Bayelsa presently benefitting from the SEEFOUR Project of the World Bank geared towards economic empowerment.
Some of the participants who shared their expectations said they were confident that the workshop would achieve desired objective.
The International Public Sector Accounting Standard (IPSAS) is adjudged to be the best form of accounting practice for public sector organisations as it provides consistent application of accounting principles for the three tiers of government.
Rivers
ECOWAS Parliament Adopts AI In Lawmaking
The Economic Community of West African States (ECOWAS) Parliament says it will adopt Artificial Intelligence (AI) to enhance informed deliberation, optimised legislation, and strengthen parliamentary oversight.
The regional bloc made the remark recently at the Second 2025 Extraordinary Session which held in Port Harcourt.
The theme of the session was, “Harnessing Artificial Intelligence for Parliamentary Efficiency, Ethical Governance and Development in the ECOWAS Region.”
Fourth Deputy Speaker of the Parliament, Mr Billay Tunkara, while closing the session on AI efficiency, said lawmakers would deploy appropriate tools to strengthen internal regulations.
He said the AI revolution was irreversible and had become a paradigm shift, redefining the region’s economies, societies and governance.
According to him, AI had moved from the realm of science fiction to a powerful global force driving major advances across sectors.
“Therefore, the use of AI in the ECOWQS Parliament will result to informed deliberation, optimised legislation and strengthened oversight.
“It offers us the means to make our work more efficient, transparent and closer to citizens’ expectations.
“So, it is up to us, parliamentarians to appropriate these tools, to train our collaborators and to adapt our internal regulations to accommodate this new intelligence”, he said.
Meanwhile, the Amanyanabo of Okochiri Kingdom in Rivers State, HRM King Ateke Tom, has pledged support for government efforts to sustain peace in the Niger Delta.
He gave the assurance when he received a delegation of the ECOWAS Parliament, led by its Speaker, Mrs. Hadja Ibrahima, at his palace in Okochiri, Okrika Local Government Area.
Tom, a former Niger Delta agitator, said he once took up arms to draw government’s attention to the plight of people in the oil-rich region.
“The agitation brought the Federal Government’s focus to our challenges.
“It was the agitation that created the opportunity for our people to be remembered, and for Goodluck Jonathan to become President”, he said.
He stated the struggle highlighted environmental degradation, poverty, and hardship endured by the Niger Delta people despite oil profits from the land.
The traditional ruler added that he later played a key role in disarming agitators and facilitating peace in the region.
“Today, the benefit of that peace is becoming evident”, he noted.
Tom urged the ECOWAS Parliament to use its platform to advocate for the development of the Niger Delta region.
Rivers
Youth Leader Lauds Tinubu, Over Ogoni oil Dispute

The President-Genera (PG)l of Ogoni Youth Federation, Mr. Legborsi Yamaabana, has praised President Bola Tinubu’s administration for the effort to resolve the dispute that stalled oil exploration and production in Ogoni land.
The Tide’s source recalls that oil exploration and production were suspended in Ogoniland in the early 1990s with Shell forced out by 1993 due to persistent unrest by the locals’ spear-headed by the Movement for the Survival of Ogoni People (MOSOP).
The source further notes that the dispute involved the Federal Government, oil multinationals and Ogoni people.
Yamaabana in a statement issued to journalists by his Special Adviser on Media and Publicity, Mr. Hycienth Ana, in Port Harcourt, said Tinubu’s government had been able to resolve the dispute.
He described the ongoing peace process as sincere, timely, and commendable.
Yamaabana noted that the resolutions reached hold great promise for addressing the longstanding challenges of poverty and unemployment in Ogoniland.
The PG, a former Federal House of Representatives aspirant for Khana/Gokana Federal Constituency, used the medium to commend Tinubu for the national honours to the “Ogoni four.”
“President Tinubu’s extension of recognition to these Ogoni thirteen is a long-awaited gesture of justice and inclusivity”, he said.
He further applauded the President for bestowing a national honour on renowned Ogoni rights activist, Mr. Ledum Mitee, describing the recognition as a befitting tribute to his contributions to the struggle for justice and equity.
Yamaabana said resuming oil operations in Ogoniland with fairness and environmental responsibility would be a landmark achievement for Tinubu’s government in Nigeria’s socio-economic history.
He also commended the National Security Adviser, Nuhu Ribadu, Rivers Governor, Siminalayi Fubara, and the Ogoni Dialogue Committee led by Prof. Don Baridam, for their roles in facilitating the dialogue.
The Ogoni youth leader reaffirmed commitment to supporting the federal government’s initiatives for economic growth and sustainable development in the area.
Rivers
IAUE Emerges Winner Of National Campus Debate, 2025

Ignatius Ajuru University of Education (IAUE) Rumuolumeni, Rivers State, has been declared the state winner of the ongoing National Campus Debate 2025.
Following this victory, IAUE will represent Rivers State at the zonal face-to-face debate competition, scheduled to take place from September 15 to 22, 2025.
The Director General of the National Orientation Agency, Mallam Lanre Issa Onilu, congratulated IAUE on its achievement and wished the university continued brilliance in the next phase of the competition.
A statement from the institution’s Public Relations Office said the debate competition, which focuses on the topic “Unity in Diversity: Designing National Identity in Nigeria’s Multicultural Society”, aims to strengthen youth engagement, promote education, and foster national values and dialogue among students.
The competition offers significant rewards, with the national winner set to receive ?50 million, while the first and second runners-up will take home ?30 million and ?20 million respectively.
According to the statement, the Dean, Faculty of Humanities, Professor Ibiere Ken-Maduako, and the Coordinator of IAUE Debate Council, who is also the Director, Ideas, Creativity, and Innovation, Professor Samuel Amaele, trained the team that made the University proud.
It furrher stated that the university’s achievement reflects its commitment to intellectual excellence, civic engagement, and nation-building.
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