Yet they will not insult him. Igbos and bad mouth eeh. Always attacking Tinubu who has never in his life cause any problem to them.

The dust raised by Governor Nyesom Wike’s revelation on the payment of 13% derivation fund arrears by the federal government to Niger Delta States is yet to settle.

Governor Wike of Rivers State had over a week ago, during a project commissioning, revealed that President Muhammadu Buhari had paid the arrears of 13% derivation fund owed since 1999 to all the Niger Delta States.

The revelation, which some perceived as politically motivated, had generated a lot of reactions from members of the public across the Niger Delta States, including Akwa Ibom.

Some benefiting States, such as Delta, Edo and Bayelsa immediately came out to explain the amount gotten from FG and how it was expended.

Delta State claimed that it had only received the sum of N14.7 billion as refund from the 13 percent oil derivation in three quarterly instalments of N4.9 billion each.

It added that the actual shortfall due to the state was N250 billion, which the Federal Government agreed to pay in quarterly instalments for a period of five years.

“Senator (Dr) Ifeanyi Okowa said he would not want to leave the next administration with a huge debt burden. He resorted to discounting only N150 billion out of the N240 billion expected receivables but later pruned it down to N100 billion,” The state noted.

Similarly, Edo State said it received N2.1bn refund out of N28 billion expected, which was paid in three instalments of N700 million per quarter.

However, the delay by the Akwa Ibom State government to come out with the amount of monies received as arrears and how it was expended gave room to speculations and brandishing of figures from different quarters.

Firstly, the governorship candidate of the Young Progressives Party, YPP, in Akwa Ibom State, Senator Bassey Akpan during a ward campaign tour alleged that governor Udom Emmanuel had received a sum of $1.1 billion (N600 billion), outside the normal Federal Allocation, regretting that nothing could be shown for that in the State.

“Governor Udom Emmanuel has received $1.1 billion (N600 billion) He has received over N3 trillion. But there is nothing to show for it,” he stated.

Also, the former aide to President Mohammadu Buhari on Niger Delta Affairs and governorship candidate of the All Progressives Congress, APC, in the State, Senator Ita Enang alleged that the six governors in the region misappropriated N950 billion that accrued to their States as proceeds of excess crude oil sales and 13% derivation and urged the House of Assemblies of the respective States to commence investigations and impeachment process of the governors who may be found culpable.

Enang said the governors short-changed their people through low rate discounting at various banks

Enang said that while Akwa Ibom State had collected a total sum of N133.5 billion, it had an outstanding of N277 billion to collect but had already discounted the fund at low rate in banks for ridiculous loans.

Enang claimed that Rivers State Government has collected N116 billion from the arrears of oil monies and N229 billion as outstanding, while Delta State collected a total of N125 billion but had an outstanding balance of N253 billion. Similarly, Bayelsa State has collected N104 billion and has an outstanding balance of N209 billion, which is also being discounted by the State Governor for ridiculous loans.

According to him, Edo State has collected the sum of N13 billion so far and has N37 billion outstanding payment which is also being discounted through loans in some banks.

Also, a non-governmental organisation working to promote economic and financial transparency in the Niger Delta, Policy Alert expressed reservations over the delay by the State government to address the burning issue, asking it to come out clear on the amount received as the 13% derivation and separate it from the loans they have received tagged, “Credit Substitute.”

The Executive Director of the organisation, Tijah Bolton-Akpan in a press conference in Uyo over the weekend, recalled how the organisation issued a statement on November 1, though countered by the State government on how it had received N171.2 billion under the subhead “13 percent Derivation Revenue arrears during the third quarter of 2021.”

Akpan said that the organization had traced the refund to October 2020, saying “from FAAC Reports for October through December 2020, N71bn was paid to all the Oil Producing States as Refund. What Akwa Ibom State recorded to have received is N2.4bn as “Refunds, Donations and Other Exceptional Income” we recall that there were donations from Federal Government, individuals and Organizations during this fiscal year due to COVID-19 outbreak. Thus, we question this receipt.

“In 2021, a total of N287.04bn was received as refund for the entire Oil Producing States. In 2022, between January and July, N181.68bn was received for the entire Oil Producing States.

“The report notes that in the 3rd Quarter of 2021, the State Government got N171.24bn and in the 4th Quarter of 2021 it received N12.81bn, coming to N184.04bn in 2021 alone.

“It appears that within the 2021 fiscal year, the State Government had acquired loans that were never heard about, and our suspicion is that the government went into ad hoc financing arrangements with commercial banks through the so-called Direct Credit Substitute form.

“In the 2021 financial statements, these loans amount to N35.92bn. But looking at the total Financial Charges for the year (interest on Internal Bank Loans) which amounted to N16.01bn brings the loans to a total of N51.93bn. When you add N135.61bn reported in the financial statements with N51.93 it gives N187.54 which is close to the N184.04bn reported earlier in the 2021 full year Budget Performance Report.”

He also highlighted some loans (which amounted to N35.92billion) taken by the State government to include: Polaris Bank – Akwa GIS loan – N500m, Zenith – Flashpoint Loan – N700m; Polaris – Dakkada Global Oil Palm loan – N500m; Zenith – Akwa Savings Loan – N1.5bn, Zenith Bank – UBE Loan -N715.07m, Globus Bank VKS Loan – N5bn Zenith – AKIRS Crystallized Loan – N24bn, FGN Bridging Facility -N3bn.

Akpan added, “you can also recall that in our infographics, we noted that in 2022, 1st, 2nd and 3rd Quarters, the State Government received N83.26bn as refund tagged as extraordinary items. How do we know that this relates to the refund?

“In the 2022 budget speech, the Governor noted that for capital receipts expected in 2022, Other Exceptional Income will be N15bn while Direct Credit Substitute/Receivable Discounting Facility will be N60bn. This amounted to N75bn. Checks into the 2022 Revised Budget shows these two revenue sources were joined together to call ‘Extraordinary Items’.”

He said from available records it would be deduced that the government is receiving the 13 percent derivation refund and also using the cover of these refunds to get loans through what it calls Direct Credit Substitute/Receivable Discounting Facility.

The organisation, therefore, called on the Akwa Ibom State House of Assembly to hold an investigative hearing on the issue.

In a reaction while addressing a press conference in Uyo, on Monday, the State commissioner for finance, Dr Linus Nkan urged the people to ignore those brandishing figures on social media on the 13% derivation refund, saying that the figures were mere fiction.

Nkan said the State government had received a total of N186bn in tranches of N160bn, while N41,434bn was projected for 2022, out of which N26bn as at third quarter of 2022 had been received.

He added that with the implementation of the International Public Sector Accounting System (IPSAS) it is impossible for any unaccounted expenditure to occur.

According to him “It has become pertinent to respond to issues relating to the refund of the 13 percent derivation arrears to oil producing States, of which Akwa Ibom is one.

“The agitation for the refund of the arrears which were deducted from the earnings due to the Oil bearing States was undertaken by the affected Governors, directly and through their officers at the Federation Accounts Allocation Committee which agreed with the very detailed submission and calculated the sums accruing to the States.

“However, due to the large amount involved and the inability of the Federal Government to pay all at once, it was agreed that the payments be made in tranches quarterly, over a period of five years.

“In 2021, the sum of 160,000,000,000 was remitted to the State account. In 2022, the projected income from this source was 41,434,000,000, but as at Q3, the sum of 26,000,000,000 has been received.

“In line with proper financial records keeping and public finance transparency, the refund was reflected in the 2021 budget as “Other Exceptional income: 13% derivation revenue arrears, which was revised to the tune of 193,000,000,000; in 2022 the revised provision was 41,434,000,000; in the 2023 budget, the estimate for this line item is 100,000,000,000. A simple calculation of these figures will reveal the sustainability thinking disposition that guides the governance of our State.

“We, therefore, urge the entire public to ignore the various figures bandied around on various media platforms, as those are nothing more than fiction.

“This is the reason why knowledgeable stakeholders in the national public finance space have greatly commended the Government of our State under Governor Udom Emmanuel for deepening financial transparency in the financial administration of the State.”

Nkan said that the report of judicious application of the income and other incomes to the State “are captured in the statutory Accountant General’s audited report for 2021 and same will be reflected this year,” adding that there is no cause for the “activation of alarmist tendencies on the State of finances of the State, because the Governor is conscious of the judgement of history and posterity and is doing everything to earn a copious mention on its golden pages”.
https://dailypost.ng/2022/11/29/13-percent-derivation-wikes-revelation-stirs-controversy-in-niger-delta-states/

You want vice and Tinubu said NO, instead of you to support him, you are here masturbating.

Our politicians and corruption. Na so SIM card withdraw 117B from Rivers state government account without fear.

President Muhammadu Buhari, on Wednesday, nominated Lauretta Onochie as the substantive chairman of the Niger Delta Development Commission, NDDC.

Onochie is a Special Assistant to President Buhari on New Media.

The President of the Senate Ahmed Lawan, read the nomination letters sent to the senate by the president at the plenary on Wednesday.

Lawan read out the other fifteen members, making up the list for the NDDC, just as former Deputy Governor of Edo State, Dr. Pius Odubu, General Charles Airhiavbere is the Executive Director, Finance.

https://dailypost.ng/2022/11/23/president-buhari-nominates-lauretta-onochie-as-nddc-chairman/

Magnus Ngei Abe will be the next governor of Rivers State. In my state politics godfatherism is a taboo.
In Rivers South East senatorial district, Magnus Abe will win 6 out of the 7 local government, in Rivers West Magnus Abe will win three out of the seven local government while Rivers east will be 50/50. Abe is the next governor of Rivers state.

Governor Nyesom Wike of Rivers State has claimed that that the presidential candidate of the People's Democratic Party, PDP, Abubakar Atiku does not need him in his campaign for the 2023 presidential election.
Wike made this assertion while speaking at the commissioning of the PDP governorship campaign office and the inauguration of the PDP campaign council in Port Harcourt on Monday.
The rivers governor accused Atiku of appointing some members of the PDP in Rivers State into his campaign council without his (Wike) contribution.
According to Wike, Atiku doesn’t want him and River's people to campaign for him.
He said, “The presidential candidate entered Rivers State and picked those he wants to pick without the contribution of the governor.
“So, they said they don’t need me to campaign for them, that they don’t want River's people to campaign for them, will you force yourself?

460 females why did you girls wanna make us bachelors before, Welcome back oya guys 460 boys go and select from deportee.

slimfit1:
He is not a complete Nigerian, he can sell his conscience to the highest bidder he is a mixed big fool.

Stop attacking my brother, he is an adult Nigerian. Allow him to express himself.

Former President Goodluck Jonathan aide, Reno Omokri has said that presidential candidate of the Labour Party, Peter Obi has already lost Yoruba votes for mocking Asiwaju Bola Tinubu, the presidential candidate of the ruling All Progressives Congress, APC.

Omokri, who made this assertion on Sunday via his verified Twitter handle.

The human rights activist said, “Peter Obi just lost the entire Yoruba vote! See the way he lied against Yoruba leaders. Talking down on Tinubu. Mocking his health and wealth. He sounded more like Nnamdi Kanu. That is the real @PeterObi we saw. The one we have been seeing is the audio Peter Obi! #TableShaker.

According to Omokri, Obi should represent Nigeria in lying at the next Olympics to guarantee that Nigeria brings home Gold medal.
“He can lie for Africa. How can Yoruba leaders ask Yoruba not to vote for Peter because he will build a port in SS, when SS already has many ports? #TableShaker,” he added.

He said, “Why would Tinubu send such a WhatsApp message and you and I have not seen it. It is only @PeterObi that has. I mean that right there is suspicious. I know many ‘IPOB at night and Obidient by day’ people will lie that they received it. But lying is what they do!

Igbos how market? Obi please you have solution to Nigeria`s problem yet your region the now the new sambisa. No to Obi.

We are the monster you made. Igbos made a monster called IPOB with its arms group as ESN, and now they are killing themselves. Nemesis

Wike is already a Battalion. He is BATIFIELD, in Rivers state we don`t like IPOB, that`s why we always give them heat. We will work for Asiwaju Bola Tinubu. Obituary please try again later. You want to destroy Rivers state during ENDSAR protest and you think we are blind to support you.
Not Rivers state, it can happen in Edo&Delta but for Rivers we will work for Asiwaju case close.

The problem we are having is the judiciary. We have a very poor judiciary system that is full of corrupt judges. If these boys are jail for at least 15 years, then this will serve as deterrent to others.

Igbos keep on destroying the image of Nigerians everywhere with there desperation for money.

Go to your village complain Tinubu is not your problem. Igbos don`t know politics.

Fahdiga:
As Lagosians, imagine what we would have achieved if Tinubu is not looting us dry. We can't breathe, Tinubu should leave us alone

In Igboland there is no road such convoy can pass. May be that man is just coming to Lagos new. Tinubu will be the next president of Nigeria and Igbos will wail for another 8 years. After 8 years of Tinubu northeast will produce the next president and south south will vice them.

Asiwaju is a force, on your mandate i stand. It is not only obi that has the youths oo.

Congratulations to APC and its candidate. Victory is sure for our party.

Igbo people and their desperation for money is second to none. They are the ones painting Nigeria bad locally and internationally. Sex slaves na them, drugs na them, money rituals na them, Yahoo Yahoo na them, baby factory na them, fake products experts, killing and roasting na them. UNA THEY SHAME ME.

IPOB and their fish brain is 5&6. Wike lost that election because their is love and respect in the north. IPOB get lost.

This is a welcome development, she is a fool.

They try that rubbish in Rivers state and we boldly stood against them. Wike dealt with them very well and they all relocated to Imo state. You don`t give criminals space to operate, rather send them to their early grave. Rivers people will forever be grateful to our governor. IPOB will consume the entire south east. They will harvest your kpekus once you get to east. Ndi Biafra how market with your online country?

If the government ban okada now, they will say government wicked. There is nothing okada riders cannot do on earth.

Good gesture from the incoming president of the Federal Republic Of Nigeria. Ramadan is a period.

Rivers vote alone covers the entire east. Wike is the man for the job. Our 1.4m votes belong to wike.

A Rivers State Governorship aspirant under the All Progressives Congress, Sen. Magnus Abe has declared that no “amount of gang up can change the will of the people of the State”.
The Senator made the declaration in Okrika Local Government Area of the State while addressing his supporters during the inauguration of BATS Vanguard in the LGA on Sunday.
Sen. Abe was responding to the endorsement of Lagos State businessman, Tonye Cole as the consensus governorship candidate of the APC.
Abe noted that the Rivers people cannot be enslaved by anyone.
He advised his supporters to brace up for the fight ahead, which he said would not be easy.
In his words, “let me assure you all that the road ahead will not be easy. Challenging the powers that have been established will not be easy, but you have the power, you have the capacity, you have the audacity if you’re willing to stand up and fight for what you believe.
“We are not afraid, I know that no amount of gang-
up can over take the will of Rivers people if we make up our mind.
“I have said before and I want to say it again, Rivers people have never been slaves to anybody and nobody no matter the amount of money you have, nobody can enslave us here in Rivers State. We can chart our own destiny.
“We are having an election and people are already bringing in their partner; you all should look for your own partners so you can enjoy the dividends of a good leadership when the time comes and that is the reason I am here today to tell you that I am ready to serve you and I pledge that my kind of government will make sure you eat before I eat”.
Also speaking, the former Attorney-General of Rivers state, Wogu Boms said the endorsement of Tonye Cole as the consensus governorship candidate of the party will not work.
“Do not tell me anything; I know everything, we experimented with Dakuku, we failed spectacularly, we experimented with Tonye Cole, he could not even enter the ballot, we used Awara, we failed woefully again, now we still want to experiment with Tonye Cole again, it will not work,” he said.

Benue girls can take risk for Africa. Just imagine village people pursuing that innocent girl from PH to Lag. That is one of the reason why I don`t allow any woman to sleep over in my place. Anything can happen anytime.

What have you done to Abaribe, Peter Pandora, Rochas, Willie Obiano, Ipeazu, Orji, Kalu and many more who have made south east the worst region in Nigeria. If lagos or portharcourt was like Aba will you travel for ur so call business. igbos make una get small kwanu.

This is good, let them manage it for us. We lack maintenance culture here in Nigeria. Just look at all the overhead bridges constructed by governor Wike in Port Harcourt, all the manhole stolen. Which kind lawless country is this?

Igbos are still far from reality. Your 5% votes cannot change what is written. Tinubu is the next president of Nigeria. The same way you guys mock PMB in 2015 and 2019 respectively, but this time around you will end up shouting tribalism, nepotism for another 8 years. You guys need to play politics without bitterness. On Tinubu mandate I stand. In Rivers state we gave PDP 1.4m votes in 2015, which is the combination of all the Eastern states. Who do una like this. Get pvc you will not get, endure you will not endure. Mazi won Kuje chairmanship election for IPOB. Your region will be worst than Sambisa in years to come. Keep training militants for dead BRAFRAUD.

Don`t spare any terrorist from south east. God bless our gallant men.