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Fubara, lawmakers battle stalls Rivers N1.85tn budget

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Revelations have emerged as to why the 2026 Appropriation Bill submitted by Governor Siminalayi Fubara to the Rivers State House of Assembly has not been passed into law, one month after the lawmakers received it.

Investigations by our correspondent revealed that fresh agreements between the Martin Amaewhule-led Assembly and the governor are the major reason for the delay in passing the budget, even as little has been heard about the proposal.

Recall that Fubara presented an appropriation bill of N1.854tn, christened the “Budget of Resilience for Growth and Development,” to the Assembly for consideration and approval on July 10, 2026.

Receiving the budget from the governor, the Speaker expressed concern over the late presentation but assured that lawmakers would give the proposal the attention it deserved in the interest of the state.

The delay has raised concerns, especially as the budget was presented late due to the lingering political crisis that rocked the state.

Also, there has been little information about the budget defence or other legislative proceedings expected to allow lawmakers to scrutinise the proposal before its passage.

Investigation by our correspondent showed that some projects across the state, including the multi-billion-naira Ring Road, are either not being executed or are being carried out on a limited scale, apparently due to the lack of appropriated funds.

However, criticisms have trailed the proposed N41.4bn allocation to the state House of Assembly, with some stakeholders and residents saying the amount is too high, while a few have defended the allocation because the House requires adequate funding to carry out its functions.

The Minister of the Federal Capital Territory, Nyesom Wike, while responding to questions from journalists during a special media chat in Port Harcourt last Tuesday, hinted at the reason for the delay, alleging that his successor, Fubara, had failed to fulfil almost all the agreements reached with the lawmakers and those he described as “the family.”

He specifically alleged that the governor had refused to fund the state House of Assembly Service Commission, among other obligations.

Wike stated, “The issue of budget, I know why you asked because you expected that once the budget is presented today, it will be passed tomorrow.

“Remember it won’t be that easy. But at the end of the day, the budget will be passed.

“This is why I tell people, yes, they have settled, but you see, do we just do it? Those things you expect them to do, but at the end of the day the budget will be passed and sent to the governor for his assent.

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“I will tell you totally that the governor has failed 90 per cent of what they all agreed on.

“Take, for example, he did not release funds to the State Assembly Commission and the rest of them. Cars were not provided.

“If the governor did not want to work with us, the governor would be okay, I’m the governor, and I will join the other party, which is also very dangerous.

“Or I will stay and betray, which is also very dangerous. There is no way you can play it.

“Therefore, it’s better, and it’s good for the interest of the state to work with the family. It’s all over the world.”

It was gathered that the lawmakers, out of what they termed goodwill and interest of the state, reached some undisclosed agreements with the governor before allowing the late presentation of the appropriation bill.

Most stakeholders were said to be disappointed that the bill, which they had expected the lawmakers to expeditiously consider and pass to prevent an imminent constitutional crisis, had been delayed for over a month.

A close source in the Assembly, who spoke on condition of anonymity, said fresh agreements between Fubara and the lawmakers were responsible for the delay.

“To resolve the lingering political crisis, the governor met with the lawmakers on his 2026 appropriation bill. They had an agreement, and the deal paved the way for the lawmakers to allow the governor to present his appropriation bill.

“But the governor has not been able to fulfil the agreements. Nobody forced him to enter into the agreement, which the lawmakers know is within his capacity to fulfil. Instead of doing it once, he is doing it in piecemeal,” the source disclosed.

When asked about the components of the new agreement, the source simply said, “I don’t have details of all of them. But some of them have to do with the lawmakers’ benefits and entitlements, especially their constituency projects.

“The governor has not done anything for them since assuming office, and I think they expect him to pay most of their outstanding benefits, and he agreed to do so, but hasn’t kept to his promise.”

He insisted that the lack of mutual trust between the governor and the lawmakers, following a series of unfulfilled promises and unkept agreements, had contributed to the delay in passing the bill.

“The House of Assembly does not trust the governor because of a series of broken promises and unfulfilled agreements. So, in any new agreement, they want the governor to satisfy his own side of the bargain first. What they are asking for is legitimate.

“They are not begging for it, and nobody forced the governor to agree to it. They only want him to fulfil it now because they don’t believe he will still do it after getting the budget,” he said.

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Efforts to reach the Chief Press Secretary to the Governor, Onwuka Nzeshi, failed, as he neither answered calls put across to his mobile nor replied to messages sent to him as of the time of filing this report.

Meanwhile, a prominent voice in the state and Convener of the Rivers Peace Initiative, Obinna Ebogidi, called on the Rivers State Executive and House of Assembly to provide clarity on the status of the 2026 Appropriation Bill and ensure its passage without further delay.

Ebogidi said the delay was becoming a concern because the budget was presented late and the Assembly leadership had earlier indicated that it would receive accelerated consideration.

Ebogidi said Rivers people deserved to know where the budget currently stood and what was responsible for the apparent slow pace of consideration.

According to him, “I think the most important thing at this point is for Rivers people to have clarity on where the 2026 budget currently stands.

He further said that, having been assured of accelerated consideration because of the late presentation, citizens would naturally expect to have seen appreciable progress in the state by now.

“So, naturally, citizens would expect to have seen appreciable movement by now. The concern is not about rushing the legislative process, but about ensuring that the process does not lose momentum, particularly because implementation time is already becoming limited,” Ebogidi stated.

The RPI convener noted that the budget delay was taking place against the backdrop of significant political realignments in the state ahead of the 2027 elections, even as he stressed that political developments should not be allowed to undermine the day-to-day administration of the state.

“We also have to appreciate the political context in which this is happening. There are significant political realignments taking place, and the governor has a relatively short period left in the life of the administration,” he said.

Ebogidi, however, said while political developments were a normal part of democratic engagement, governance must continue irrespective of the political arrangements ahead of 2027.

He said, “Those developments are part of politics and should be allowed to take their course. But irrespective of the political arrangements around 2027, the government must continue to function.”

Ebogidi noted that Rivers residents still had pressing needs which required government attention, while critical sectors of the economy and public service could not afford to be stalled because of political considerations.

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“The people still have immediate needs, and critical sectors cannot be held back by the political calendar,” he said, and appealed to both the executive and legislative arms of government to communicate clearly with the people on the issues surrounding the budget and demonstrate a sense of urgency in concluding the process.

“My appeal is really for both the executive and the legislature to give Rivers people some clarity and urgency.

“If issues are delaying the process, let citizens understand them. If there are none, then the budget should move forward,” he stated.

He noted that political reconciliation and effective governance were not mutually exclusive, urging the relevant authorities to pursue both simultaneously.

According to him, the remaining months of the administration should ultimately be judged by its ability to deliver tangible development to the people rather than by the intensity of political activities ahead of 2027.

“In the end, what should define these remaining months is not the politics of 2027, but the quality of governance and the tangible things that can still be delivered to the people of Rivers State,” Ebogidi said.

He recalled the impact of the prolonged political crisis in the state, saying Rivers residents had borne the brunt of the disruption to governance and development.

“After all, it is the people who paid the greatest price in denied governance and lost development opportunities during the nearly two years of governance gridlock in the state,” he said.

Similarly, the National President of the South-South Youths Initiative, Oscar Imeabe, expressed concern over why the budget submitted by the governor a month ago was still pending in the state House of Assembly.

Imeabe said the budget was the blueprint for development, pointing out that the delay had affected project execution and implementation one way or the other.

“One month after Governor Fubara presented the 2026 budget to the Rivers State House of Assembly, the budget is still pending.

“The question Rivers people are asking is simple: Won’t this delay affect governance and the execution of projects across the state?

“Budgets are the blueprint for development. Every day of delay is a day of delayed roads, schools, hospitals, and youth programmes.

“We urge the House of Assembly to prioritise the passage of the budget so the government can continue to serve the people effectively.”

Source: punchng.com

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NAFDAC destroys N8bn products, targets sachet alcohol in N’Central

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The National Agency for Food and Drug Administration and Control (NAFDAC) has confiscated and destroyed unwholesome, banned, fake and adulterated products worth more than N8 billion in the North-Central states.

Speaking during the destruction ceremony on Thursday in Lafia, the Nasarawa State capital, the Director-General of NAFDAC, Prof. Mojisola Adeyeye, said the products were seized from manufacturing outfits, sales outlets, markets and motor parks across the zone.

The DG, who was represented by a Deputy Director of NAFDAC in the zone, Joseph Edor, said most of the confiscated products were banned alcoholic beverages in small volumes of less than 200 ml (20 cl).

According to her, NAFDAC was established by Decree No. 19 of 1993, as amended, with the mandate to protect and promote public health by ensuring that only quality, efficacious and regulated products are manufactured, imported, distributed and sold in Nigeria.

She explained that the agency banned alcoholic beverages in sachets and glass bottles of less than 200ml due to their availability, affordability and portability, which have made them easily abused by youths and underage schoolchildren.

“Research has shown that early exposure to alcohol affects the brain and other vital organs such as the liver and kidneys.

“It stymies the brain, resulting in mental retardation, brain damage, poor performance of pupils in school, low productivity and several types of illnesses,” she said.

The DG said the ban and subsequent raids were based on these abuses, addiction and adverse health effects, while other seized items included expired, fake and unwholesome food, drugs and cosmetics.

“It is in the course of carrying out these activities that this heap of unwholesome, banned, fake and adulterated products worth about eight billion naira was confiscated from manufacturing outfits, sales outlets, markets and motor parks.

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“The bulk of the products in that pile are predominantly banned alcoholic beverages in low volumes of less than 200ml (20cl),” she emphasised.

The Director-General further commended other law enforcement agencies, sister agencies and stakeholders for their continuous collaboration, especially in intelligence sharing and security cover during operations.

Also speaking at the event, the Nasarawa State Coordinator of NAFDAC, Dr Gyani Stephen, explained that the exercise was not targeted at hurting people but was intended to save lives.

He advised those in the habit of selling fake and banned products to desist or be ready to face the full wrath of the law, warning that the agency would come after them if they did not change their ways.

In his goodwill message, the Nasarawa State Commander of the National Drug Law Enforcement Agency, Daniel Saidu, represented by Yakubu Awoh, commended NAFDAC for saving lives through the regular seizure and destruction of expired and fake drugs.

He explained that if these dangerous products were allowed into the markets, they could have destroyed millions of lives and affected the mental health of many others.

Source: punchng.com

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Seven modular refineries to begin operations in 2027, read details

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Nigeria’s modular refining sector is expected to expand next year, with seven new refineries projected to commence operations with a combined capacity of 83,000 barrels per day, according to Argus Media’s George Maher-Bonnett.

Maher-Bonnett disclosed this in Lagos on Wednesday during a presentation at the OTL Africa Downstream conference, where he highlighted the changing dynamics of Nigeria’s petroleum products market amid rising local refining capacity and declining fuel demand.

In his presentation, titled ‘African Energy Outlook’, Maher-Bonnett said four modular refineries operated in Nigeria in September, with a combined capacity of 32,000 barrels per day.

“Four modular refineries operating in September, total 32,000 b/d capacity,” he said.

He added, “Seven new modular refineries to start next year“ with a total of 83,000 barrels per capacity.

The projected additions would represent more than two and a half times the combined capacity of the four modular refineries operating in September, potentially increasing the contribution of smaller refining facilities to Nigeria’s domestic petroleum products supply.

However, the presentation did not identify the seven proposed refineries, their owners or locations, or provide individual capacity figures and commissioning schedules.

Maher-Bonnett also highlighted the growing role of the Dangote Petroleum Refinery in improving Nigeria’s self-sufficiency in petroleum products, despite a decline in fuel demand during the year.

“Nigerian fuels demand is down this year,” the presentation stated, attributing the development to “higher flat prices.”

He added self-sufficiency is improving with Dangote ramp-up, projecting that modular refineries would play a growing role.

The presentation linked the decline in demand to higher prices and noted that the only government intervention during the period covered was an NNPC price reduction.

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“No government interventions, besides NNPC price cut this month,” it stated.

The expected expansion of modular refining capacity comes as Nigeria’s petroleum products market adjusts to increased domestic production and changing international trade flows.

Maher-Bonnett said the Dangote refinery is operating at a high rate, with steady petrol output, reducing the attractiveness of importing some petroleum products from Europe into West Africa.

“Dangote’s 700,000 bpd Lekki refinery is running hard, gasoline output is steady,” the presentation stated.

It also highlighted Ghana’s growing refining capacity, noting that the 45,000-barrel-per-day Tema refinery is ramping up production and improving the country’s self-sufficiency.

According to the presentation, the economics of shipping petroleum products from Europe to West Africa and from Europe to the United States has weakened, with freight costs further affecting the competitiveness of the routes.

Source: punchng.com

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Falana tasks Senate on recovery of $123bn, N66bn oil funds, read details

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Human rights lawyer, Femi Falana, has asked the National Assembly to compel the recovery of $123.17bn in alleged outstanding oil royalties, taxes and dividends, alongside N66.4bn, from the Nigerian National Petroleum Company Limited and other oil and gas companies.

In a letter dated 28 October, 2026, and titled ‘Request to Recover Dividends, Taxes and Royalties Worth $123.17bn and N66.4bn from NNPC and Other Companies and Remit Same to the Federation Account’, Falana urged the National Assembly to ensure that the alleged outstanding revenues were recovered and remitted to the federation account.

He warned that he would institute legal proceedings at the Federal High Court if the authorities failed to initiate measures to recover the funds within 14 days of receiving the letter.

In an acknowledged copy of the letter made available to The PUNCH on Thursday, the senior advocate said the outstanding revenues covered several categories, including $62bn in unpaid oil royalties, $23.1bn in alleged unremitted dividends from Nigeria LNG Limited, $6.071bn in outstanding industry revenues, and claims relating to stolen crude oil and refinery rehabilitation contracts.

The letter also cited a Supreme Court consent judgment delivered on 20 October, 2018, which it said directed the Federal Government to collect outstanding royalties accrued over 18 years under the Deep Offshore and Inland Basin Production Sharing Contracts Act.

According to Falana, the governments of Akwa Ibom, Bayelsa and Rivers states had approached the Supreme Court to compel the Federal Government to enforce the law, which provided for an upward review of royalties when international crude oil prices exceeded $20 per barrel.

He said a committee constituted by the Office of the Attorney-General of the Federation subsequently determined that $62bn in royalties had not been collected from international oil companies.

Falana added that Akwa Ibom and Rivers states later obtained a Federal High Court judgment for a combined $3.3bn, while Bayelsa State secured a separate judgment for $951m over their alleged entitlements from the outstanding royalties.

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He said the Federal Government had yet to comply with the judgments.

The lawyer also called for the recovery of $29bn linked to alleged crude oil theft and undeclared exports, citing investigations by the Nigerian Maritime Administration and Safety Agency and the House of Representatives.

He said lawyers engaged by NIMASA discovered that about 60.2 million barrels of crude oil, valued at $12.7bn, allegedly stolen from Nigeria, were discharged at the Port of Philadelphia in the United States between 2011 and 2014.

According to the letter, the lawyers submitted their findings to the Office of the Attorney-General after which they filed nine civil cases at the Federal High Court in Abuja and Lagos to recover the value of the alleged stolen crude oil and liquefied gas.

Falana further cited a 2016 House of Representatives ad hoc committee investigation, which he said found that $17bn worth of crude oil and liquefied natural gas had been exported from Nigeria without proper records.

He said the committee found that the crude oil was discharged at the ports of Houston and Lake Charles in the United States.

He urged the National Assembly to direct the Economic and Financial Crimes Commission to pursue the recovery of the funds from the companies allegedly involved.

On the NLNG dividends, Falana alleged that NNPC had failed to remit $23.1bn due to the Federal Government from its 49 per cent shareholding in NLNG.

He explained that NLNG, established in 1989, had paid more than $47bn in dividends to its shareholders over 26 years, with the Federal Government’s share paid through NNPC.

The other shareholders listed in the letter are Shell, with 25.6 per cent; TotalEnergies, 15 per cent; and Eni International, 10.4 per cent.

Falana argued that the dividends received by NNPC on behalf of the Federal Government should have been transferred to the Federation Account in accordance with Section 162 of the 1999 Constitution, as amended.

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He added that resolutions of the Senate and the House of Representatives calling for the remittance of the funds had allegedly been ignored.

The senior advocate also called for the recovery of $6.071bn and N66.4bn in outstanding revenues owed by oil and gas companies, citing the Nigerian Extractive Industries Transparency Initiative’s 2022/2023 Independent Oil and Gas Industry Report.

According to him, NEITI disclosed on 27 September, 2024, that the outstanding collectible revenues due to the Federal Government as of June 2024 stood at the stated amounts.

He said copies of the report were forwarded to both chambers of the National Assembly in November 2024 in line with the provisions of the NEITI Act.

Falana urged lawmakers to support NEITI in recovering the outstanding revenues without further delay.

The letter also questioned the outcome of the rehabilitation of the Port Harcourt, Warri and Kaduna refineries, for which the Federal Executive Council approved contracts totalling about $2.98bn in 2021.

It said the government approved $1.5bn for the rehabilitation of the Port Harcourt refineries in April 2021 and another $1.48bn for the Warri and Kaduna refineries in August of the same year.

Falana argued that NNPC announced in December 2024 that the Port Harcourt and Warri refineries had been substantially completed, while work on the Kaduna refinery was almost finished.

However, he cited NNPC’s subsequent announcement that the Warri refinery ceased operations on 25 January, 2025, following safety issues involving its crude distillation unit main heater. He also referred to the shutdown of the Port Harcourt refineries for planned maintenance in May 2025.

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He argued that the contractors had breached the terms of the rehabilitation agreements and called for the recovery of the contract sums.

“In view of the foregoing, we are compelled to request the Office of the Attorney-General to recover the total sum of $123.17bn and N66.4bn owed the Government of the Federation by the Nigerian National Petroleum Corporation Limited, and some oil and gas companies operating in Nigeria,” the letter stated.

Falana said recovering the funds would reduce the Federal Government’s dependence on external borrowing and provide additional revenue for the federation and the states.

He warned that failure to begin recovery measures within 14 days would prompt legal action.

“If you fail to initiate legal measures for the recovery of the aforesaid huge funds belonging to the Government of the Federation within 14 days of the receipt of this letter, we shall not hesitate to file the necessary processes in the Federal High Court with a view to compelling you to discharge the duty of your office,” he wrote.

Falana also defended his firm’s standing to pursue the matter, citing its involvement in drafting and submitting a bill to amend the Deep Offshore and Inland Basin Production Sharing Contracts Act in 2017.

He noted that the bill was adopted and sponsored by a senator, subsequently passing first reading in the Senate before the dissolution of the Eighth National Assembly. According to him, the Ninth National Assembly subsequently adopted and passed the amendment.

He recalled that the then President of the Senate, Ahmad Lawan, had said the amendment would increase the country’s revenue by at least $1.5bn annually.

Source: punchng.com

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