Nation
DMO Stops Banks From Lending To State Govts
The Debt Management Office has stopped the commercial banks from lending to the state governments as well as local governments across the country.
Chairman of Commissioners of Finance Forum, Mr.Timothy Odaah, made this known while speaking at the October Federation Accounts Allocation Committee meeting in Abuja.
Odaah who spoke on behalf of the states asked the Minister of State for Finance, Mr. Bashir Yuguda, to stop intervene and save the states from starvation of funds.
Sources close to the meeting said initially, the minister said he was not aware of the directive from DMO stopping commercial banks from lending to the states.
However, when one of the commissioners read a letter dated August 26 emanating from DMO to commercial banks on guidelines for lending to the three tiers of government, the minister said the purpose of the letter was to ensure conformity to laid-down procedures.
In the letter which had been copied to the Central Bank of Nigeria as well as the chief executive officers of the banks operating in the country, the banks were told that they can only lend to any tier of government for long term projects.
The commissioners, however, protested saying that in practical terms; the banks had stopped lending to state and local governments except with the approval from the Federal Ministry of Finance.
They kicked against the need to obtain approval from an agency of one arm of government before a bank can lend to two other arms of government that are in federation with the federal government.
The commissioners accused the Federal Government of ‘trading on the part of illegality’ and wondered when the commercial banks started lending on long term basis.
The commissioners expressed disappointment that at a time when revenues sharable by the three tiers of government were dwindling; they would also be tactically fenced off from the money market without even the opportunity of resorting to the capital market.
To douse the tension that was generated by directive, the minister asked the commissioners to state their position in a letter to the ministry.
Speaking to the press after the meeting, Odaah denied that there was a disagreement between the Federal Government and the states but confirmed that the banks had been given instruction to stop lending to the states and local governments.
Odaah said, “If there were such (disagreement), you would have heard cacophony of voices. When we rose up and clapped our hands, you didn’t hear that one – that we passed vote of confidence on the minister and chairman of FAAC for the way he had been able to carry us along.
“We looked at certain issues – that the government should look into the matter of borrowing. The states would like to have banks unencumbered. Some of the banks are complaining that they are under some instructions and we have asked the minister to look into that.
“We appealed to the minister to do much in order to ensure that the coast of the capital market is cleared because it is only from the capital market that you can have easy fund and it is much more transparent especially when you look at coupon rate.
“The banks now being money market; they give only short term loans. And if you take short terms loans; you cannot not use it to develop long term projects. We looked at all those areas.”
Odaah who is also Commissioner for Finance in Ebonyi State called for the removal of subsidy from petroleum products, arguing that it was the way to manage dwindling oil revenue and enable the states to develop at their own pace.
Nation
HYPREP Reaffirms Support For Ogoni Youths …Organises Workshop For Undergraduates

In pursuit of its strategic human capacity development initiatives, the Hydrocarbon Pollution Remediation Project (HYPREP) has restated its commitment to supporting Ogoni youths to maximally benefit from its projects and programmes that align with their visions and aspirations.
The Project Coordinator of HYPREP, Prof Nenibarini Zabbey, who gave this indication during the second edition of the international career enhancement and employability workshop organised by the Project for undergraduates and fresh graduates of Ogoni ethnic nationality in Port Harcourt, assured the participants of its commitment to continually initiate programmes that support their visions and aspirations.
He noted that the workshop reaffirms the Project’s commitment to inclusiveness and continuous skills development, as strategic pillars in its efforts to restore and improve livelihoods in Ogoniland.
He said the workshop was aimed at equipping the Ogoni youths with relevant career skills and empower them with employability tools, to ensure that HYPREP’s gains extend beyond remediation into long-term transformations, stressing that the Project is committed to supporting their dreams.
”HYPREP is committed to supporting your dreams through targeted initiatives, such as this workshop and we will explore ways to empower you with the skills and knowledge necessary to succeed.
I want to emphasise that this workshop is not just about enhancing your career prospects; it is also about building a community of young people and equipping you to make a positive impact in your communities. As you benefit from HYPREP’s interventions (and the experiences of the facilitator), I challenge you to take the message of peace and constructive engagement to your communities and live accordingly,” he said.
Zabbey further assured that HYPREP would continue to stand with Ogoni youths by supporting their aspirations through targeted workshops and broader livelihood initiatives that prioritise their development, noting that the Project believes in them and remains committed to creating platforms where their potential can be nurtured and realised.
The Project Coordinator enjoined them to continue to contribute to the success of HYPREP.
The second edition of the career enhancement and employability workshop had Dr Akanimo Odon and Dr Chioma Okonkwo as facilitators, while the participants were drawn from the four Ogoni local government areas.
Among other modules, participants at the two-day workshop were provided with tips on ways to explore opportunities in seemingly challenging situations, discover themselves, convert hobbies and interests into passion and profits through three career e-routes and understand the power of networks and partnerships.
Participants were also given useful nuggets, career resources of time and skills, and career resources of funding, especially how to access foreign scholarships and funding.
At the closing, HYPREP’s Director of Technical Services, Prof Damian-Paul Aguiyi, urged the participants to earnestly pursue their passions and commit to their dreams.
Meanwhile, the participants expressed gratitude to HYPREP for organising the workshop, which they described as impactful and transformative.
HYPREP has continued to be intentional in its efforts to prioritise human capacity development in Ogoni through such workshops and trainings. This year, the Project will be rolling out trainings in high demand skill areas like mechatronics, underwater welding, commercial diving, full-stack development and GIS, targeting the youths as major beneficiaries and giving them a fair head start and comparative advantage in a highly competitive environment.
Nation
NIPR Practitioners Urge To Go Beyond Traditional Media Relations To Strategic Leadership Functions
The Public Relations practitioners across Nigeria have been charged to go beyond the perceived roles of media relations and protocol services to strategic leadership functions that is crucial to shaping and transforming the nation.
In his message at this year’s (2025) World Public Relations Day, with the Theme: ” Building Bridges, Navigating Polarisation” In Port Harcourt, The National President of the Nigeria Institution of Public Relations Dr. Ike Neliaku expressed delight to address members and guests on this special day, pointing out that the day offers a an opportunity to reflect on the journey over six decades since Public Relations formally birthed in Nigeria.
He maintained that this year’s world Public Relations day gives opportunity to members to reflect on the actions and inactions towards the development of the profession and to boldly develop new frontiers for a greater institution.
The NIPR president explained that the values of Public Relations particularly in areas of fostering relationship, strengthening leadership and advancing good governance remain a key -through effective and goal- oriented communication.
Earlier, The Vice Chancellor of Rivers State University, (RSU) Prof. Isaac zep-Obipi being represented by the Deputy VC admin Prof. Victor Akujuru throw challenge to NIPR members to rebranding and portray the state in good light, standing that RSU remains a state owned institution that have not witness any strike in the passed fifteen years.
Also in his speech, the state chairman NIPR Rivers Chapter Rev. Francis Asuk described world Public Relations day as a day set aside to pay attention to the works of public relations globally indeed that relationship is important that the world is crying about in rebuilding relationship due to the collapsed of the value systems at family, society and world level of human existence.
” At the highest level of human existence relationship has become imperative for all practitioners to come together and build bridges to navigates those Polarisation” he said.
In a related development,the keynote speaker Rev (Fr.) Prof. Walter C.Ihejirika, said the media has a lot to do especially on its role of enlightenment to the public about the role and function as a key element in the development of a better society.
Prof. Ihejirika who is the Dean faculty of Communication and Media Studies , University of Port Harcourt, stressed that when media practitioners navigate on the area of strategic communications with a goal, then the public will be better informed and know that they have a responsibility for the large society, “because if the large society is not good, the organization cannot function effectively.”
Nation
Alumni, Others Launch Campus Care Initiative In Port Harcourt
The Madonna University Alumni Association Rivers State Chapter in partnership with Rotary Club of Rumuomasi, Port Harcourt Downtown and Nigerian Immigration Service have launched Campus Care Initiative at the Captain Elechi Amadi Polytechnic Rumuola Port Harcourt.
Speaking with newsmen on Wednesday in the inaugural edition of the Campus Care Initiative, at Captain Elechi Amadi Polytechnic the Chairman of Madonna University Alumni Association Rivers State Chapter (MUAARIV) Dr Iheanyichukwu Wopara said that the program is aim to empowered the youth of Nigerians and also to give them the right direction in life.
He said Campus Care Initiative is a testament to the association commitment to giving back to the society and empowering the next generation of leaders.
According to him the program is designed it demands across all sectors, physical health, mental health, sexual health and even the environment adding that the focus of the Association is to give back to the society the best way they can.
” We have been carrying out different humanitarian activities and outreach which includes medical outreach and the girl child campaign.
” We gave academic support to three students and also three international passports, free medical outreach, pads to girl child and condoms to the boy child and there is also introduction to ICT training that will commence soon in the campus, “he said.
Kiadum Edookor
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