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I won’t stop Rivers Assembly from performing constitutional duties – Wike
The Minister of the Federal Capital Territory (FCT) Nyesom Wike has said he will not stop the Rivers House of Assembly led by Speaker Martins Amaewhule from performing its constitutional functions.
Wike also blamed the Secretary to the Rivers State Government (SSG), Dr. Tammy Danagogo, for instigating the main issue that led to the ongoing political crisis in the State.
The minister spoke at Abalama Town where a crowd of Kalabari Ijaw trooped out in their numbers to treat him to a grand civic reception and thanksgiving.
The event held despite protests by some women groups, who tried to block the road to stop people from accessing the venue of the programme.
Security operatives, especially the police fired teargas cannisters at the protesters to disperse them to avoid the disruption of the programme.
Wike, who was cheered by the crowd, said he came because some persons threatened him not to attend the event, noting that the occasion was an indication the opposition was a mere radio noise.
He said: “I heard some people say I won’t come here. Who are they and how many are they? What you have done today is to tell the world all these noise in the radio is not the real thing.
If you are of the Kalabari and of the Ijaw nation and you are receiving me today, God will continue to bless you. I will continue to stand by you and to support you.
”He explained some persons had misunderstood and misinterpreted his recent interview on Ijaw but clarified that he only meant that an Ijaw man becoming a governor in Rivers was made possible and agreement to work together.
He said at the final day of deciding who would be his successor, Fubara said he was not interested and urged them to give the position to his then Commissioner for Finance, Isaac Kamalu.
He recalled the process that led to Siminalayi Fubara becoming the Governor adding that Chief Alabraba, Chief Seargent Awuse and OCJ Okocha mounted pressure on him to allow Fubara in the principle of live and let live.
He said: “What I said on my interview people will want to misinterpret it. However they want to misinterpret it is their business. I want to repeat what I said. I said we are all working together if we don’t work together it would have been difficult to produce the governor.
That was what I said. Chief Alabraba did not allow me to rest; he nearly fainted when we were deciding who would be governor.
“Himself, OCJ Okocha and Seargent Awuse and this boy Celestine Omehia when we met, that day was the primary, this governor today said he was not going to run that my Commissioner for Finance, Isaac Kamalu, should be the one to run.
Celestine Omehia said it should be Isaac Kamalu that this governor cannot carry out effectively, the functions of the governor.
“OCJ Okocha and Chief Awuse said live and let live. Let us not do something that people will begin to say why must it be only one sided.
What I mean was that it was not because of the strength or the power of Ijaw. It was because we worked together.
“Nobody should associate anything evil to Ijaw. Ijaw people are not evil people. You cannot be saying I will blow pipeline. No.
Engage people intellectually and diplomatically and you get what you want. In the world we are in today we have passed the stage of threatening people.
”Wike said those around the Governor encouraged him to seize the salaries and allowances of the House of Assembly members for over a year telling the governor that nothing would happen.
He said: “They told you to seize Assembly members salaries and allowances for more than one year. They have no income to feed their families and pay their children school fees. And you were jubilating and people were encouraging you and telling you that nothing would happen.
“Now something has happened. I am not going to stop the assembly from performing their constitutional duties. The Assembly should be allowed to perform their duties. People who love peace don’t threaten people.
”I told you that the House of Assembly will not lose their seats. I told you that the shenanigans of local government would not stand. I don’t need to be a governor. I know what is illegal is illegal. We fight it constitutionally and by following due process. What did we do wrong?
“We said all these chairmen and the assembly members suffered, national Assembly members suffered for you to become governor. Therefore, don’t abandon them. But they said I was asking for money.
Has the money come? Those you are sharing the money, how far?
“Remember yesterday. A man is bad, a man is crook and a man is a criminal. But it was that same man that made you against all odds. If I hate Ijaw I wouldn’t have done that and nothing would have happened. I followed my principle of live and let live.
“If you watch all those around the governor are people who are natural ingrates. Nobody who is not an ingrates will associate himself with what is going on.
I told the governor to eat what God had given to him peacefully that it is not good for him to face this crisis. But they told him, you are governor you have money. I agree but money is not everything.
All these people have nothing to offer. See where we are. Now how far?
”Wike highlighted all the projects he initiated and handed over to Fubara to make him popular including the Port Harcourt Ring Road adding that whatever the governor’s team was parading were his initiatives.
Tracing the genesis of the crisis, the minister said: “Who started this problem? Danagogo SSG used his elder brother, who is a judge.
They sat down under ex parte order saying 27 members have defected; ex parte not on notice.
“SSG lured his brother judge to give ex parte order that the government can present budget to three or four people. Secretary is Danagogo, the judge who gave the order is Danagogo.
Look at how people can destroy a state. “That is the genesis of all this crisis; how a judge will sit down under ex parte order saying that people had defected and you can present budget to three people.
This is Danagogo who wanted to be governor.
He was so pained that he was not given.
“He is the one leading you and he will lead you to hellfire. You surround yourself with people who wanted to be governor; who I stopped because they don’t mean well for Rivers State.
They are the ones surrounding you giving you advice. Why do you think you will succeed?
“They will give you bad advice and see what the bad advice is doing to you. This is 2:0 and more will come. I haven’t seen this kind of politics where you surround yourself with those who want your seat.
Will it work? They come they and abuse me and you are happy. You don’t know they are destroying you”.
He remembered that President Bola Ahmed Tinubu invited them for peace but that while he and other leaders got the assembly members to withdraw the impeachment notice they issued to the governor, those around Fubara stopped him from implementing the decision.
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UBA UK targets closing $100bn Africa trade gaps
UBA will leverage its Pan-African network and London operations to unlock capital, strengthen correspondent banking relationships and support African corporates and SMEs in accessing international trade opportunities.
UBA UK’s newly appointed CEO, Loknath Mishra, says that the bank is working hard to close Africa’s $100 billion trade finance shortfall by connecting more African businesses to global markets.
Mishra affirmed this during an appearance on Arise TV’s Global Business Report this week.
“UBA will leverage its Pan-African network and London operations to unlock capital, strengthen correspondent banking relationships and support African corporates and SMEs in accessing international trade opportunities,”he said.
According to him, the global trade order is changing, and supply chains are being rewritten and Africa is increasingly becoming a reliable and strategic partner.
He emphasised that UBA has a significant role to play in ensuring Africa is connected to the globe, and UBA UK plays a critical role in providing hard-currency liquidity, structured trade finance and settlement services through London’s financial infrastructure.
He highlighted that several international banks are retreating from African markets, even as trade across the continent is projected to grow faster than in many other regions.
He noted that the bank’s presence across 20 African countries enables UBA to connect buyers and sellers seamlessly, while UBA UK ensures efficient foreign currency settlement and international trade structuring.
News
MTN Group buys IHS Towers for $6.2bn
Chairman and CEO of IHS Towers, Sam Darwish, described the agreement as a compelling opportunity to crystallise value built over the company’s 25-year history.
MTN Group has reached an agreement to acquire IHS Towers, one of the world’s largest independent owners and operators of shared telecom infrastructure, in an all-cash transaction that values the company at an enterprise value of approximately $6.2 billion.
The deal follows weeks of negotiations between both parties.
Under the terms of the merger agreement, IHS shareholders will receive $8.50 per ordinary share in cash, representing a 36% premium to its 52-week volume-weighted average price, and a modest 3% premium to its unaffected closing price of $8.23 on February 4, 2026.
Chairman and CEO of IHS Towers, Sam Darwish, described the agreement as a compelling opportunity to crystallise value built over the company’s 25-year history.
“Today’s announcement creates a compelling opportunity that provides certainty and immediate returns for our shareholders, enabling them to crystallize the significant value generated during our strategic review.
The proposed transaction deepens our long-standing partnership with MTN, as it combines Africa’s largest mobile network operator with one of its largest digital infrastructure platforms, and underscores the strong connection between IHS Towers and the African continent,” he said.
MTN’s Group President and CEO, Ralph Mupita, said the transaction would strengthen the company’s strategic and financial position as digital infrastructure becomes increasingly central to economic development on the continent
For IHS customers and partners across the continent, we commit to continuing high standards of service and the right governance of what is the largest standalone and integrated tower company in Africa, enabled by the excellent people within HIS,” he said.
IHS Towers’ Board of Directors has unanimously approved the transaction and recommended it to shareholders.
Meanwhile, J.P. Morgan is acting as financial advisor to IHS Towers, and Latham & Watkins LLP and Walkers (Cayman) LLP are acting as legal counsel to IHS Towers.
BofA Securities and Citigroup Global Markets Limited are acting as financial advisors to MTN; Cravath, Swaine & Moore LLP are acting as legal advisors.
News
Kebbi Gov mourns after wedding boat mishap victims
The celebrants were on their way back home when the boat capsised and over 100 people drawn, 14 people consisting of 13 females and a child died.
The Kebbi State Governor, Comrade Dr Nasir Idris, Kauran Gwandu, has consoled with Yauri Local Government Area and Yauri Emirate over boat mishap that claimed the lives of 14 people.
In a statement signed by Ahmed Idris, Chief Press Secretary to the Governor, Kebbi State, he condoles the immediate family members, the local government, the emirate as well as the good people of Yauri shortly after attending the funeral prayer, the governor urged them to accept the will God Almighty in good faith.
Represented by the Chairman, Yauri LG, Hon. Abubakar Shu’aibu, the governor prayed God Almighty to forgive their shortcomings and grant them Jannatul Firdaus.
“I appeal to you to accept this in good faith bearing in mind that nothing happens without the knowledge of our creator.
Narrating the ideal, the chairman said that the accident occured at Gumbi village in Gumbi ward of Yauri LG after they accompanied a bride to her husband’s house at Gwarzo village in Ngaski LG.
“The celebrants were on their way back home when the boat capsised and over 100 people drawn, 14 people consisting of 13 females and a child died.”
All the deceased persons have been buried according to Islamic rites. We pray Allah (SWT) to forgive them and accept their Shahad,” he prayed.
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