Why we picked Fubara as Rivers guber candidate – Wike – Newstrends
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Why we picked Fubara as Rivers guber candidate – Wike

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Siminalayi Fubara, Nyesom Wike

Why we picked Fubara as Rivers guber candidate – Wike

Governor Siminalayi Fubara was fielded as the Peoples Democratic Party (PDP) candidate in last year’s general election to encourage unity in Rivers State, according to Federal Capital Territory (FCT) Minister Nyesom Wike.

He added that he and other state elders made the choice to ensure unity and a sense of belonging for all sectors of the state.

Nobody would have blocked Wike from nominating a politician from his native Ikwerre ethnic group as his successor, he claimed, adding that he set aside personal interests in favor of state unity and progress.

The former governor spoke at a New Year’s luncheon he hosted in Port Harcourt.

Party elders, past commissioners, and other chieftains expressed their support for Wike’s leadership during the reception.

However, Fubara and his supporters were not at the event.

The former minister recalled that to pave the way for Fubara, who hails from the riverine area, he had to prevail on other aspirants, including former PDP chairman, Bro. Felix Obuah, to drop his ambition.

Wike said to avoid acrimony within his political family, he bought the forms for the PDP aspirants, including the governor.

He recalled that he invited Obuah, a frontrunner for the governorship poll, to his house and asked him to quit the race and become the Director-General for the campaign, stressing that he made a sacrifice.

Hailing Obuah for his loyalty, he also recalled that he still resolved to stand firm with him, despite the seizure of his property by his predecessor.

Wike said: “Felix Obuah was in my team as chairman of the party. My predecessor seized Obua’s property; everything he owned, land, schools and hotels. The wife cried to him, but he told his wife, ‘don’t worry, if it is the will of God, there is nothing you can do. He stood firm. They took everything he had.

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“He was one of the frontrunners in 2023 governorship election. I told him in my house to step down; that he won’t run. He looked at me, but I say you won’t run. He said if that was what I am saying that he won’t run. But I say you will be DG, go and campaign for that election. I say you must be DG and he said if that is what you want, I will go and do it. And he did it. I see all kinds of things going on. They are talking evil about him. But he is here and he will still be here.

“Those who open their mouth to talk.don’t know anything. I was the one who paid for the forms for anybody who wanted to run for elections as governor, House of Assembly and National Assembly. Let one person raise his hand and said he bought forms.

“We say we are all family members, no need for acrimony. Don’t spend your money, we will agree on who will run. The day we took the final decision, the chairman of elders council nearly collapsed. He is here. OCJ was there, Awuse was there. Omehia was there.

“He nearly collapsed. Why? He wanted a governor from the riverine area. When I looked at him, I say why would I allow this old man to just die. I say let’s not create the impression that there are people who want to monopolise power.

“Let’s allow everybody to be part of it because we belong to one Rivers State. If I had wanted, nobody would have stopped me. Nobody had what it takes to even near me.

“And to God be the glory, I don’t regret what I did and I will never regret what I did because I want the unity of this state for us to forge ahead. If I wanted Ikwerre man, nobody would have stopped me.”

Wike insisted that he was interested in playing politics of unity. recalling that when he visited the Southsouth Chairman of the All Progressives Congress (APC), Victor Giadom, he went there with PDP leaders.

He said: “The politics we play in this state is the politics of unity of Rivers State, not party. When I visited Victor Giadom, I went with all PDP leaders. Today, he is here with all APC leaders. Membership of party is not on radio or television. So, all of us must make Rivers State to move forward”.

Wike said he was disposed to the peace agreement initiated by President Bola Tinubu, charging the stakeholders to implement it without conditions.

Emphasising that he would never disobey the President, he commended the House of Assembly for immediately implementing its own side of the resolutions.

He said: “I want to make one confession to you. I work with Mr. President and there is no way I can disobey Mr. President. It is not possible. The mere fact that Mr. President calls you and said look, allow peace here, there is no way I can disobey Mr. President.

“I may not be happy in all resolutions, but if Mr. President calls for peace, who are you to say you don’t want peace? I will not attach any condition to what Mr. President wants from me. I will not do it.

“So, I must obey Mr. President. I must do everything humanly possible to see that the peace arrangement is achieved in Rivers. That is what is required and I am going to do that.”

The minister apologized to people especially his friends, who obeyed his decisions, but were hurt by them.

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He said: “I am not perfect. I won’t say every decision I take I am right. I am human and I may take decision that may not be palatable with everybody. I accept it and if it turns out to be bad, forgive me.

“Let’s move forward for the interest of the state. That is important. I took the decision and you listened to me. I want you to also listen to me now. Let’s accept what Mr. President has said. It is for the interest of Rivers and for Nigeria in general.”

“It may not be the best, but there is no option. Mr. President took a lot of risk to give me minister of FCT. People protested, but he stood firm. If he could do that, you too should accept his decision.

“When we came back from Abuja, within the next 48 hours, the Speaker and his people took the decision to obey Mr. President without attaching any condition. I thank Mr. Speaker and other members for respecting Mr. President.

“Whether you are APC or PDP or you don’t belong to any of the parties, we owe a duty to give Mr. President support to move this country forward. Some people said I betrayed PDP. I never betrayed PDP. We stood firm and told Nigerians we won’t do this if this is not done. So, the issue of betrayal doesn’t arise”.

The minister said he learnt from President Tinubu, who once taught him that betrayal and politics are mother and father.

He recalled how Edo State Governor Godwin Obaseki betrayed the agreements they had to pave the way for his second term.

Wike said: “It is not everything you invest that you will reap. Even, established companies crumble. You cannot say I did this, but I am not benefitting. God knows why it happens the way it happens. What is important in life is to give God the glory that you are alive to see what is happening.

“When a man is dead, he doesn’t know what is happening. You will be able to advise your children and your friends. When the heat was on in Edo. This young man was a frontrunner in Edo governorship election.

“PDP leaders came to me in Port Harcourt from 6pm to 6am the next day. I told the young man with Dan Orbih to withdraw and not to run for governor. He was crying and we agreed on what will be given to their group.

“He was to be refunded the money he spent and to get four commissioners, but not one was kept. We said okay, you would run for Senate in the next election. But not one was kept .

“But the next thing was blackmail that Wike wants to control this. But you didn’t know Wike wants to control when you came and held a meeting with me from 6pm to 6am. It was all about blackmail. That is what you see in politics.

“You must have shock absorbers. President Tinubu told me when we were meeting that politics and betrayal are the same mother and father. If you don’t want to be betrayed, don’t enter politics.

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“So, prepare yourself that it will happen. I am fully prepared because I know it is one of the things President Tinubu taught me. I am laying this foundation so that some of you who are worried should not be. That is life for you. You must prepare yourself to know that these things happen. I have preached and continue to preach for the unity and for the peace in this state”.

Wike mentioned names of people in the audience who stood firmly with him, saying that he had never betrayed them.

Speaking on the Southsouth Chairman of PDP, he said: “God used Dan Orbih to give us the structure of the party to run for the governorship election. God used him. And I will never in my life, it doesn’t matter the circumstances, deny him.

“Why am I going this far? It is to let you know that I don’t abandon people who had stood for me. I may not do what you exactly want me to do, but I will never betray you”.

On why the Rivers crisis escalated, Wike said: ” Ask people why this matter came to this level. When people went and plotted the removal of the Speaker, you think we will fold our hands to remove speaker?

“We will start with you first. You want to humiliate us to remove Speaker? They said I should go and talk to the assembly men and I said why. They said you brought them. But I said so, these ones will listen to me, but you you won’t listen. They said chairmen of councils don’t respect anybody. But I said how, why won’t they respect anybody? People plotting evil and nobody wants to talk.

“We must make impact on people lives. Whatever position you find yourself, make impact. Forget about these people who cannot face me to fight me. I consumed them before and I will continue to consume them. Show them the way. Follow man that knows the way”.

We must support Tinubu, says Ortom

Former Benue State Governor Samuel Ortom, who spoke for the “G5,” said they were happy that Tinubu becale President.

He said the aim of the G5 was to actualise Southern Presidency, adding the group has obligations to support the president.

Ortom thanked Tinubu for choosing to work with Wike, based on his capacity.

He said: “The last administration took Nigeria from top to bottom. Nigeria was taken 50 years backward. President Tinubu needs time to take Nigeria from bottom to the top.”

Ortom called on people fanning the embers of crisis in Rivers State to stop and allow the state to remain in peace and unity.

The Speaker of the House of Assembly, Martins Amaewhule, and 24 other lawmakers who defected from the PDP to the All Progressives Congress (APC) were presen at the ceremony.

Also at the event were former Enugu State Governor Ifeanyi Ugwuanyi, Prof. Zacchaeus Adangor, George-Kelly Alabo andother commissioners in Wike’s camp, who resigned from the State Executive Council, the Chairman of Port Harcourt Local Government Area, Allwell Ihunda, Senator Barinada Mpigi from Rivers South East, Kelechi Nwogu from Etche/Omuma Federal Constituency, ex-Speaker of Rivers Assembly, Awaji Igbani and Senator Allwell Nyesom.

Also present were Victor Giadom, Orbih, OCJ. Okocha, Sergeant Awuse, Kingsley Chinda, Desmond Akawor, Felix Obuah among others.

Alabo, who spoke for the ex-commissioners, pledged allegiance to Wike, saying:“We stand with you in every circumstance.”

He said Wike delivered Fubara from the riverine and dry areas after may years of agitation.

Alabo said: “As a principled politician, we believe that every river that forgets its source runs dry.

“You pulled your machinery and told all generals to go to the trenches and go to work and deliver this candidate, whether we like this candidate or not.

“We moved to the field and delivered the result. Your Excellency, that same machinery is still alive.”

Alabo commended Tinubu for his intervention in the crisis in the state, saying his position was satisfactory.

Giadom said a band of prayer warriors has been set up to pray for Wike to defect to the APC.

The Chairman of Rivers Elders’ Council, Chief Ferdinand Alabrarah, who told Wike that all his structures were intact, condemned ethnic politics in Rivers.

He said: “You are detribalised and your legacies will endure for generations to come. The elders will continue to be with you and support you”.

Orbih said Wike kept PDP intact in Rivers and the country, describing him as an ambassador of the party.

He added: “There is nothing we cannot do to advance the course of nation building. It is not about PDP, but Nigeria.”

Why we picked Fubara as Rivers guber candidate – Wike

(Nation)

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Adebayo Ogunlesi, 2 other Nigerians make Forbes 50 wealthiest Black Americans list 2024

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Adebayo Ogunlesi

Adebayo Ogunlesi, 2 other Nigerians make Forbes 50 wealthiest Black Americans list 2024

Forbes has unveiled its 2024 ForbesBLK 50 list, celebrating the achievements of the wealthiest and most influential Black Americans.

Among the honorees are three Nigerians—Adebayo Ogunlesi, Tope Awotona, and Wemimo Abbey—whose groundbreaking contributions and entrepreneurial successes have earned them places on this prestigious list.

The ForbesBLK 50 is a reimagining of Forbes’ 2009 Wealthiest Black Americans list, which then featured figures like Oprah Winfrey, Michael Jordan, and Magic Johnson.

While net worth remains a core metric, the new list also highlights innovation, societal impact, and leadership across diverse industries.

Adebayo Ogunlesi, with a net worth of $1.7 billion, stands out as a pioneering force in global infrastructure investment. As chairman and cofounder of Global Infrastructure Partners (GIP), Ogunlesi led the private equity firm through a transformative acquisition by BlackRock in 2024 for $12.5 billion.

  • Ogunlesi, a Harvard-educated lawyer and banker, previously spent over two decades at Credit Suisse before launching GIP in 2006.
  • His influence extends beyond business, as he has become a key figure in reshaping infrastructure investment on a global scale.

Also, Nigerian entrepreneur,Tope Awotona, the founder and CEO of Calendly, has redefined efficiency in scheduling and holds a net worth of $1.4 billion.

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  • Born in Lagos, Awotona moved to Atlanta as a teenager and pursued business and management information studies at the University of Georgia. After early entrepreneurial setbacks, he launched Calendly in 2013, driven by frustration with cumbersome meeting coordination. The platform, which raised $350 million in 2021, is now valued at $3 billion and serves millions of users worldwide.

Although not a ranking, Wemimo Abbey, at just 32, is the youngest Nigerian on the list and cofounder of Esusu, an African fintech company addressing financial inclusion. Esusu helps renters build credit by reporting rent payments to credit bureaus, a service utilized by more than 20,000 properties and benefiting 1.8 million Americans.

  • In 2022, Esusu achieved a $1 billion valuation following a $130 million funding round. Abbey, who grew up in Lagos, has a background in mergers and acquisitions consulting and a passion for leveraging technology to drive social impact.

These three Nigerians show innovation, resilience, and the drive to address pressing global challenges. Their inclusion on the ForbesBLK 50 list is a foretelling of their entrepreneurial vision and the increasing influence of Nigerians on the global stage.

The ForbesBLK 50 list, launched under ForbesBLK, aims to go beyond net worth to measure impact and influence within the Black community and beyond.

Adebayo Ogunlesi, 2 other Nigerians make Forbes 50 wealthiest Black Americans list 2024

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Northern youths say new tax regime bill designed to ruin region

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President Bola Ahmed Tinubu

Northern youths say new tax regime bill designed to ruin region

Coalition of Northern Groups, Taraba State chapter, has expressed concerns that the proposed Tax Reform Bill by President Bola Ahmed Tinubu’s administration is cunningly designed with all premeditated intent and purposes to further develop the southern Nigeria at the expense of the north.

The northern youths, who lamented the economic hardship in the country, concluded that the effect bears more scars on the region than any other.

Aside from the new Tax Reform Bill, the group also condemned the federal government’s land-border closure, alleging that the ideas favour the South more than the North.

The group, in a statement signed by its coordinator, Comrade Idris Ayuba, made available to Vanguard Correspondent in Ilorin alleged that most difficulties the North faces are the repercussions of the decisions, citing the effect of Petroleum subsidy removal, land border closure and the new tax regime as few examples.

He noted in the statement that”reduction in the consumption of a capital commodity like petroleum occasioned by the subsidy removal is not a manifestation of a positive policy impact; it rather indicates reduced economic activities that force people out of energy consumption,”

On the land border closure, Idris said: “One of the primary concerns is the impact of this policy on the regional economy, which has been heavily reliant on cross-border trade with neighbouring countries. The closure has resulted in significant losses for traders and business owners in the region, exacerbating poverty and unemployment.

“The policy has given undue advantage to Southern Nigeria, for instance, the closure has led to an increase in demand for locally produced goods in Southern Nigeria, which has boosted the southern regional economy.

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“Additionally, the Southern region has benefited from the increased revenue generated from customs duties and taxes on imported goods.

“The closure has also created an imbalance in the distribution of economic opportunities, with Southern Nigeria having greater access to ports and international trade routes.

” This has resulted in a concentration of economic activity in the Southern region, further marginalizing Northern Nigeria,” Idris explained in the statement.

Northern youths say new tax regime bill designed to ruin region

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BREAKING: National Assembly extends lifespan of 2024 budget

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Senate President, Godswill Akpabio

BREAKING: National Assembly extends lifespan of 2024 budget

President of the Senate, Godswill Akpabio, has explained that the impressive performance of the 2024 national budget encouraged members of the National Assembly to extend the lifespan of the 2024 budget beyond December 31 this year.

Akpabio gave the explanation Wednesday in his welcome address during the presentation of the 2025 national budget to the joint session of the federal parliament.

He said, “We have noted the 2024 budget performances of 50% for capital expenditure and 48% for recurrent expenditure respectively.

“Given these great achievements, we have deemed it necessary to extend the life of the 2024 budget to June 30, 2025.

“The enabling law for this extension has already been put in place by this patriotic Assembly, as a testament to our appreciation for the great performance of the budget, ensuring we build upon your momentum.

“We commend your steadfast commitment to collaborate, cooperate and work with the National Assembly to achieve your grand vision for Nigeria.”

As the red chamber planned to start deliberations on the budget proposals, Akpabio warned heads of the various ministries, departments and agencies of the Federal Government to make themselves available for the budget defence.

He said: “Let me take this opportunity to stress the importance of the honourable ministers and heads of extra-ministerial departments being prepared to respond promptly to requests for them to come and defend their sectoral allocation in the exercise of our legislative oversight.

“We have observed concerning the behaviour from some ministers and heads of extra-ministerial departments, who sometimes neglect their duty to promptly submit to legislative oversight, sometimes even disregarding invitations from relevant committees of the legislature.

“It is imperative they understand that we will not condone such breaches of the constitution going forward.”

Akpabio noted that under the President Bola Tinubu administration, Nigerians has “witnessed remarkable strides in economic reforms, aimed at enhancing our nation’s stability and growth”.

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According to him, “The courageous decision to remove fuel subsidies, though challenging, showcases your (Tinubu’s) unwavering commitment to redirecting resources to critical sectors such as education and healthcare.

“Your collaboration with the Central Bank has cultivated an environment ripe for investment, and your focus on infrastructure development reflects a visionary commitment to improving the connectivity that fuels our economy.

“Furthermore, your initiatives to strengthen our security framework stand as a testament to your resolve in tackling the pressing challenges of our time.“

The chairman of the National Assembly commended Tinubu’s efforts in the era of security.

“We commend your tireless efforts, along with those of our brave men and women in uniform, for liberating our lands from the grip of terror.

“Today, no community is under the threat of terrorism, a monumental achievement we celebrate together.

“The reduction in kidnapping incidents and the neutralization of over 11,000 terrorists and insurgents is a testament to patriotism, strength and determination,” Akpabio said.

The Senate President said Tinubu’s dedication to fostering international relations paves the way for fruitful partnerships that will propel the nation forward.

He said: “We are witnessing a resurgence in foreign direct investment, made possible by your visionary directives that ease the visa processes for Nigerians travelling to other countries, and at the same time welcome investors and tourists alike to our country.

“Your innovative approaches in our embassies and the Ministry of Foreign Affairs have opened new doors for Nigeria and its people. For this we thank you.”

He said the introduction of social welfare programmes embodies the president’s unwavering belief in uplifting the living standards of our citizens.

“You remind us that our nation is not merely constructed of bricks and mortar, but of the resilience and determination of its people.

“Nigerians are taking notice of your remarkable achievements. You have doubled aggregate government revenues to over NGN 18.32 trillion, reduced debt servicing expenditures from 97% to 68%, fulfilled $7.5 billion in foreign exchange obligations, increased oil production to 1.8 million barrels per day, and launched the Compressed Natural Gas initiative.

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“Your administration has processed over N45.6 billion for student payments, signed the National Minimum Wage Law, and raised the national minimum wage to N70,000 a month, all while providing over N570 billion in financial support to the 36 states,” Akpabio said.

He commended the groundbreaking tax reform initiative including the four tax reform bills, namely the Joint Revenue Board of Nigeria (Establishment) Bill, 2024; Nigeria Revenue Service (Establishment) Bill, 2024; Nigeria Tax Administration Bill, 2024; and the Nigeria Tax Bill, 2024.

He said the tax reform bills represented a monumental shift in the country’s fiscal landscape and that its critics haven’t read the proposed legislations.

The Senate President said: “It is disheartening that those who have not taken the time to understand these bills are the loudest critics.

“I urge all Nigerians, especially those in public office, to engage with these vital reforms thoughtfully.

“This initiative marks the first comprehensive tax reform since Nigeria’s independence, presenting a transformative opportunity for rejuvenating small and medium enterprises and enhancing the livelihoods of ordinary Nigerians.

“These reforms will not only improve Nigeria’s revenue profile but also create a more conducive and internationally competitive business environment, transforming our tax system to support sustainable development.”

Akpabio said the infrastructure renaissance has paved the way for many roads, including the coastal road and crucial arteries in the Abuja capital city and other parts of the country.

“These developments are not merely about concrete and asphalt; they represent the lifeblood of our economy, connecting our people and fostering growth,” he added.

He urged Nigerians to bear with the president whose economic reforms had imposed hardship on Nigerians but noted that: “We are light-years away from where we began, though some rivers remain to be crossed.

“The pains we feel are not merely the pains of hardship; they are the pains of childbirth. When that season arrives in Nigeria, when this administration births that season, we will rejoice for the struggles endured.

“For now, I ask for your patience and urge all Nigerians to cooperate with the president and maintain faith in his vision.

“Mr. President, while you cannot be everywhere, you have eyes everywhere. We, the distinguished senators and honourable members of the House of Representatives, are your eyes in our constituencies and every corner of Nigeria.

“When our constituents struggle to afford rice, they come to us. When their shoes pinch, they seek our assistance. When the economic alarm sounds, they turn to us.

“Therefore, we are committed to ensuring that you touch the hearts and pulse of Nigerians through these appropriation bills resonating with the sounds of hope and signalling the dawn of Nigeria’s economic rebirth,” he added.

Akpabio ended his speech by leading the members of the National Assembly to sing for the president as they all chorused, “On your mandate we shall stand” to the admiration of the legislatures and the guests.

 

BREAKING: National Assembly extends lifespan of 2024 budget

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