News
We’re working on new 2025 budget for Rivers – Sole Administrator Ibas
The Sole Administrator of Rivers State, Retired Vice Admiral Ibok-Ete Ibas, has announced that a 2025 budget is being prepared to enhance healthcare delivery, education, agriculture, and infrastructure.
Speaking on Thursday at the Government House in Port Harcourt, while receiving a delegation of the Rivers State caucus at the National Assembly, Ibas stated that the anticipated budget would also focus on creating more employment opportunities for the people of Rivers State and advancing technological development in critical areas of public life.
The delegation was led by Senator Barinada Mpigi, representing Rivers South-East District.
Other members included Senator Allwell Onyesoh and the Minority Leader of the House of Representatives, Hon. Kingsley Chinda.
The rest are honourables Dumnamene Dekor, Solomon Bob, Cyril Godwin Hart, Blessing Amadi, Felix Nwaeke, Kelechi Nwogu, and Victor Obuzor.
The sole administrator emphasised that since assuming office, he has remained committed to restoring law and order in Rivers State, with the support of security agencies.
Ibas reiterated his administration’s commitment to making Rivers State a model of peace among states, with a stable economy and an environment where citizens can pursue their livelihoods without fear or intimidation.
He highlighted the importance of the lawmakers’ support as key representatives of Rivers State in the National Assembly, calling for their assistance in securing the necessary resources and legislative backing to bring his administration’s initiatives to fruition.
He said: “Since the Supreme Court verdict on the state’s budget, we have acted swiftly and decided to put together a new budget that reflects our commitment to healthcare, education, social services, and continued infrastructural development.
“We have worked diligently to ensure that the process is transparent, inclusive, and, most importantly, expedited.
“Our goal is to ensure that we do not lose any more time in making the necessary investments that will improve the lives of citizens.
“The budget, which is being finalised, focuses on creating job opportunities and investing in key sectors such as agriculture, infrastructure, and technology.
“We understand the urgency of this initiative, and we are committed to ensuring that it is implemented without delay.”
According to Ibas, the people of Rivers State have demonstrated resilience in the ongoing efforts to restore peace and uphold the rule of law.
He assured that his administration remains committed to achieving lasting peace in the state.
In his remarks, Senator Mpigi assured that members of the National Assembly caucus would support all efforts aimed at bringing development to the state.
Notable National Assembly members absent at the meeting include the immediate past Deputy Governor, Senator Ipalibo Harry Banigo, and Hon. Boma Goodhead.
News
Senate confirms Oyedele as minister
During the screening, Oyedele proffered solutions to getting out of the various economic issues in the country.
The Senate has confirmed the nomination of Taiwo Oyedele as Minister of State for Finance.
His confirmation comes after two hours of screening as lawmakers grilled him on various aspects of the economy.
Oyedele’s screening followed a motion moved by Opeyemi Bamidele, the Senate leader, after he called for the suspension of the Senate rule to allow strangers to come into the chamber.
During the screening, Oyedele proffered solutions to getting out of the various economic issues in the country.
Oyedele was escorted to the chamber by Bashir Lado, the Special Adviser to the President on the National Assembly ( Senate), alongside others.
His screening followed President Bola Tinubu’s letter to the Senate on Tuesday, requesting his confirmation as a minister.
Tinubu had, on March 3, nominated Oyedele, who currently serves as chairman of the presidential committee on fiscal policy and tax reforms, as Minister of State for Finance.
News
Tinubu appoints Lamido Yuguda as CBN’s Deputy Governor
Lamido Yuguda’s last public post was as director-general of the Securities and Exchange Commission, a position he held from 2020 to 2024.
PRESIDENT Bola Tinubu has approved the appointment of Lamido Abubakar Yuguda as Deputy Governor of the Central Bank of Nigeria (CBN)
The appointment is in accordance with Section 8(1) of the Central Bank of Nigeria Act, 2007.
This was disclosed on Wednesday by the presidential spokesman, Bayo Onanuga.
The President charges Yuguda to discharge his responsibilities with renewed dedication, professionalism, and commitment to Nigeria’s economic stability and growth.
Lamido Yuguda’s last public post was as director-general of the Securities and Exchange Commission, a position he held from 2020 to 2024.
He is an alumnus of Ahmadu Bello University, where he graduated in 1983 with a B.Sc. in Accountancy.
In 1991, he obtained a master’s degree in Money, Banking and Finance from the University of Birmingham, United Kingdom.
He is a Fellow of the Institute of Chartered Accountants of Nigeria (ICAN) and a CFA charterholder.
He began his career in 1984 at the Central Bank of Nigeria (CBN) as a Senior Supervisor in the Foreign Operations Department.
He also worked as an economist in the Africa Department of the International Monetary Fund from 1997 to 2001, when he returned to the CBN.
He retired from the CBN in 2016, after he had served as Director of the Reserve Management Department for six years.
News
JUST IN: IGP Disu Assigns Portfolios to New DIGs
DIG Zachariah Fera Achinyan has been deployed to Legal Services, DIG Zango Ibrahim Baba to Research and Planning, and DIG Isyaku Mohammed to Training and Development departments.
The Inspector-General of Police (IGP) Olatunji Disu has assigned the new Deputy Inspectors -General of Police (DIGs) their duties responsibilities.
Sources said that the DIGs were assigned departments based on their areas of competence.
DIG Zachariah Fera Achinyan has been deployed to Legal Services,
DIG Zango Ibrahim Baba to Research and Planning, and DIG Isyaku Mohammed to Training and Development departments.
Similarly, DIG Margaret Agebe Ochalla has been posted to the Force Criminal Investigation Department (FCID);
DIG Mohammed Abdul Sulaiman to Finance and Accounts; DIG Kenechukwu Onwuemelie will oversee the Force Intelligence Department (FID); DIG Fayoade Adegoke will head Information and Communication Technology, while DIG Umar Shehu Nadada has been posted to Operations departments.
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