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Rivers to go After Amaechi, Tonye Cole Over Gas Turbines Sales

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Thisday award Amaechi

By Adedapo Adesanya

The Rivers State Government has revealed that the former Minister of Transport, Mr Chibuike Amaechi; the governorship candidate of the All Progressives Congress (APC) in the state, Mr Tonye Cole of Sahara Energy Ltd, and others may stand trial over alleged fraudulent sale of four gas turbines, other valued state assets and diversion of state funds worth N96 billion.

Governor Nyesom Wike said that leaders of the state will meet to decide on whether to commence criminal prosecution of the former Minister of Transport and a presidential aspirant of the APC and others.

This is coming after the Supreme Court recently dismissed the former Minister’s appeal to stop the investigation into the activities of his administration as governor of Rivers State between 2007 and 2015.

The Governor during a media parley said the Supreme Court dismissal of Mr Amaechi’s appeal has vindicated the Rivers State government, stating that on his assumption of office in 2015, the state government set up a judicial panel of inquiry to investigate the activities of the former Rivers State governor’s administration.

“The judicial panel was mandated to investigate the sale of the 150 Megawatts gas turbine in Omoku, Afam 360 MW Gas Turbine, Trans-Amadi 136 MW Gas Turbine and the 75 MW Gas turbine in Eleme; Monorail Project; the sale of Olympia hotel; and non-execution of the contract for the construction of Justice Karibi-Whyte hospital after the Amaechi administration paid $39.2m to the contractor,” he said.

Governor Wike added that the judicial panel at the end of its investigation submitted its report and recommendations to the State government. According to him, this necessitated the State Government to come up with a White Paper Report.

“So many people were indicted by that report and so we didn’t go to court to file charges against those that were indicted because some people went to court, particularly, the former governor, Rotimi Amaechi. And as those who obey the rule of law and have respect for the court, we said we will not take any step further until the court decides.

“At the State High court, the Rivers State Government won. The former governor went to the Court of Appeal, the Rivers State Government won. And then he appealed to the Supreme Court to set aside the recommendations of the Judicial Panel of Inquiry and the White Paper of the government.

“To the glory of God, the Supreme Court unanimously dismissed his appeal against the judicial panel of the inquiry report and the government White Paper Report,” the Governor stated.

Mr Wike said the state government has been justified by the Supreme Court judgment because those indicted by the Judicial Panel of Inquiry were given the opportunity to defend themselves, but some of them chose not to appear before the panel.

“If you see that report, as a Rivers man you will cry. Nobody who loves Rivers State will see that report and will not cry. Now that the Supreme Court has come up with its judgment, the leaders of the State will decide what next step to take. It is not for only me. Yes, I am a governor, I can’t do it alone. If the leaders of the State say we must prosecute them, I have no choice.”

“The money that was collected by Sahara Energy and Tonye Cole, it is for the leaders of the State to say should we go ahead and file charges against Rotimi Amaechi and his cohorts, or should we allow it to be. It is for the State elders. The State elders will meet and agree on what next to do. But the point is, let the world know that nobody who will see that report and not be angry,” he disclosed.

The Rivers State governor narrated how the sum of $50 million was diverted from the State account and paid to Sahara Energy for inexplicable reasons. According to him, there is no evidence of any transaction indicating that the State is indebted to the company.

“What did Sahara Energy do for us? What is the transaction that we paid $50 Million for? You said Sahara Energy bought our gas turbines, if they bought our gas turbines, why are we paying them $50million? Did we borrow money from them and where is the agreement to show we borrowed money from them? Nothing.

“People will come out and begin to sing we are innocent. I thank God we have been vindicated. We did the right thing. It is for the Rivers people to decide the next line of action. If they decide today that they will file criminal charges, I have no choice than to direct the Ministry of Justice to file charges against Rotimi Amaechi, Sahara Energy, and Tonye Cole,” he quipped.

Adedapo Adesanya is a journalist, polymath, and connoisseur of everything art. When he is not writing, he has his nose buried in one of the many books or articles he has bookmarked or simply listening to good music with a bottle of beer or wine. He supports the greatest club in the world, Manchester United F.C.

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NUPRC Probes Gas Bubbling in Bille Community in Rivers

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gas bubbling bille

By Aduragbemi Omiyale

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has commenced an investigation into a gas bubbling incident in Bille community in Rivers State, but preliminary “deductions and field observations indicate that the gas bubbling may be associated with a subsurface phenomenon that could be linked to a variety of triggers.”

In a statement signed by its chief executive, Mrs Oritsemeyiwa Eyesan, on Thursday, the agency said it was worried about the unfortunate incident, assuring residents that efforts are being made to address the issue.

The commission acknowledged the concerns the “unsavoury development has raised in relation to public safety, the environment, and the health of the populace,” stressing that, “The overall well-being of our communities and the protection of the environment remain paramount to the commission, as they are to government.”

It stated that, “Upon notification of the incident, the commission activated a coordinated technical investigation process in line with established regulatory protocols to assess the nature and extent of the gas seepage, identify source(s) and potential cause(s), and propose immediate and long-term mitigation measures.”

“The investigative study is being conducted in collaboration with stakeholders to ensure comprehensive, fact- based outcomes for long-term sustainability,” it added.

“Detailed geotechnical and geological analyses are ongoing to determine the contributing factor(s) and possible remedies for prompt implementation,” the statement further said.

“The commission assures the Bille community of its resolve to ensure that necessary actions required to address the situation are taken in line with applicable regulations, industry standards and global best practices.

“Once again, the commission commiserates with the Bille community as we work assiduously with all stakeholders to unravel the incident, and enjoins members of the community to maintain the commendable level of responsibility whilst adhering to all safety measures and public health advisories issued by the relevant authorities,” the statement disclosed.

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Akwa Ibom Denies Plan to Sell Ibom Power Company

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Ibom Power Company

By Adedapo Adesanya

The Akwa Ibom State Government has dismissed claims that it plans to sell Ibom Power Company, describing the allegation as false and reaffirming its commitment to reviving the state-owned electricity asset through debt repayment and structural reforms.

In a statement issued on March 18, the Commissioner for Information, Mr Aniekan Umanah, said a report by a Uyo-based tabloid alleging plans to dispose of the company was “a wicked fabrication” that should be disregarded.

“At no time has the government approved the sale of Ibom Power Company as scrap or otherwise,” the statement said, adding that such claims exist only in the “imagination of mischief-makers intent on misleading the public.”

Instead, the government said it is focused on stabilising the company’s operations by clearing legacy debts, including a $9 million facility obtained from Afreximbank several years ago.

According to the statement, Governor Umo Eno approved a structured quarterly repayment plan of $560,000 beginning March 15, 2025, aimed at gradually liquidating the loan.

The government described the move as part of broader efforts to “rescue and reposition Ibom Power Company for sustainable operations,” stressing that the approach reflects a commitment to “revival, stability, and long-term value preservation, not liquidation.”

Beyond debt repayment, the state also outlined ongoing electricity sector reforms anchored on a Private Sector Participation (PSP) framework designed to attract investment while retaining public ownership of assets.

Under the initiative, the government said it has established key institutions, including the Akwa Ibom State Electricity Regulatory Commission and Ibom Electricity Holdings Limited, to strengthen oversight and coordinate state-owned electricity assets. Shares of the holding company have also been vested in the Akwa Ibom Investment Corporation.

The concession model being introduced will allow qualified private operators to rehabilitate, finance, and manage electricity infrastructure over a defined period, with strict performance benchmarks and regulatory supervision.

The government said the framework is structured to ensure that “the State will retain ownership and strategic control of all electricity assets,” while transferring operational and commercial risks to private sector participants.

It added that the reform programme is expected to improve reliability, resolve longstanding challenges, and promote a more efficient electricity market without placing additional fiscal pressure on the state.

On recent power outages across parts of Akwa Ibom, the government noted that electricity transmission and distribution currently fall outside its direct control. However, it said efforts are ongoing to engage relevant authorities to address the disruptions and improve supply.

The statement also criticised the publication that carried the initial report, accusing it of spreading misinformation and warning that “government’s measured silence should not be mistaken for weakness,” citing existing laws on libel and defamation.

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Eid-el-Fitr: Gaya Urges Prayers Against National Challenges

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NSIA Abdullahi Mahmud Gaya

By Modupe Gbadeyanka

Nigerians have been urged to use the occasion of Eid-el-Fitr to intensify prayers against the challenges confronting the nation.

This appeal was made by the independent non-executive director of the Nigeria Sovereign Investment Authority (NSIA), Mr Abdullahi Mahmud Gaya.

Mr Gaya described the current situation in the country as a test of citizens’ spiritual resolve and faith, tasking Muslims to reflect on the deeper significance of Eid-el-Fitr, noting that the festival symbolises sacrifice, obedience to Allah, and compassion for the less privileged.

“Every Muslim finds joy in observing the Ramadan fast, a fundamental obligation in Islam. We should not lose sight of the lessons it teaches: obedience to Allah, sharing our blessings with the needy, and being our brother’s keeper,” he said in a statement issued by his media assistant in Kano.

Speaking on the forthcoming general elections, Mr Gaya advised the electorate to vote for selfless leaders committed to national service and the welfare of Nigerians, describing the polls as a choice between progress and regression, stressing the need for voters to support candidates with verifiable achievements rather than empty promises.

He also urged Nigerians to remain mindful of their civic responsibilities by choosing leaders who demonstrate integrity, sincerity, and dedication.

According to him, the country’s future depends on the electorate exercising their voting rights wisely to elect leaders who understand the responsibilities of public office and approach them with humility, competence, and genuine commitment to service.

Mr Gaya expressed gratitude to Almighty Allah for His mercies and felicitated with the people of Ajingi, Gaya, and Albasu Local Government Areas, as well as Governor Abba Kabir Yusuf and Nigerians at large, on the successful completion of the Ramadan fast.

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