APC Chieftain Faults Call For Emergency Rule In Rivers

A chieftain of the All Progressives Congress (APC), Eze Chukwuemeka Eze, has described as ‘dead on arrival’ the call for the declaration of state of emergency in Rivers State.

In a statement made available to LEADERSHIP Weekend in Port Harcourt yesterday, Eze accused the minister of the Federal Capital Territory, Chief Nyesom Wike, of being behind the call.

He described comments credited to the APC caretaker committee chairman in the state, Chief Tony Okocha, over the federal government’s loans from China for rail projects during the administration of former President Muhammadu Buhari as a ploy to sway unsuspecting members of the public into a perpetually futile scheme of smear campaign against the former minister of Transportation, Rt. Hon. Chibuike Amaechi.

The APC chieftain restated that the terms of the loan are in compliance with the provisions of Section 41 (1a) of the Fiscal Responsibility Act, 2007 adding that the low interest rate of 2.5 percent per annum reduces the interest-cost to government while the long tenure makes it easy for the repayment of the principal sum of the loans over many years.

Eze insisted that Okocha does not have the authority of APC in Rivers State to speak on their behalf in whatever capacity, adding that every opinion expressed by the party’s caretaker committee chairman represents his personal view.

He called on President Bola Tinubu and Nigerians to disregard the calls for emergency rule in the state, pointing out that the motives of those behind the call were in sharp contrast to the administrative precepts of President Tinubu and Governor Siminalayi Fubara.

  • Related Posts

    Adebayo Ogunlesi eyes investments in Nigeria’s ports, aviation sectors 

    Nigerian-born billionaire investor and founder of Global Infrastructure Partners (GIP), Adebayo Ogunlesi, has described Nigeria as “investable for the first time in years,” citing recent economic reforms under President Bola…

    UCL: Arteta Confirms Major Arsenal Injury Scare After Olympiacos Win

    Mikel Arteta has cooled fears that Gabriel picked up an injury during Arsenal’s win over Olympiacos. Gabriel went down after a collision with goalkeeper David Raya towards the end of…

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    This site uses Akismet to reduce spam. Learn how your comment data is processed.

    Business & Economy

    Naira records first dip in over one week, closes at N1,469/$1 

    Cardoso: Nigeria must embrace cryptocurrency regulation as market matures 

    Naira is overvalued by 30% against the dollar – Report 

    Best performing stocks in Nigeria as of September 2025 YtD  

    FCMB Group opens N160 Billion Public Offer to retain international licence 

    Jeff Bezos predicts AI boom will reshape global economy despite bubble 

    SEC fines Stanbic IBTC Capital N50.1 million over GTCO public offer process 

    Meta seeks out-of-court settlement with NDPC amid $32.8 million data privacy sanction 

    Glovo reaffirms commitment to empowering SMEs in Nigeria 

    NYSC: Corps Members contribute N14 billion annually to Lagos economy 

    Niger State signs multi-billion dollar agricultural MoU with Republic of Benin 

    Family Homes Funds, TETFund and private investors lead National PPP Drive for Renewed Hope Student Housing Projects 

    Great expectation as Mukhtar Adam steps into Summit Bank from Zenith Bank 

    Omotola Oronti: Putting Nigeria on the global gaming map 

    Gaming license reciprocity to unlock billions for Nigerian states—Michael Eja  

    Nigeria Customs, NCC partner to tighten monitoring of imported communication devices 

    Naira is gaining strength in 2025: Here is why 

    Why the Nigerian stock market could gain over 11% in Q4 2025 – Cordros 

    Flutterwave CEO bets on Stablecoins as Africa’s next financial leap 

    Naira strengthens to N1,455/$ in 2025, signals market stability

    How Dangote offered to pay sacked workers 5 years salaries without work – Sources

    How Dangote offered to pay sacked workers 5 years salaries without work – Sources

    Credit to private sector drops to N75.8 trillion in August 2025 

    PenCom N20 billion recapitalisation may discourage PFAs, PFCs growth – Renaissance Capital

    First LNG-powered Containership, MV Sapphire, Berths at APM Terminals

    Stakeholders: How Dry Lease Will Save Domestic Airlines N26.6bn Annually

    Dantsoho: Abuja’s Centrality,  Agro-allied Potentials Strategic to Boosting Non-oil Revenue

    Buy nterests in GTCO, Others Lift  Stock Market by N1171bn

    How Stanbic IBTC is Harnessing the Transformative Potential of Technology-driven Environmental Solutions

    Revamping Maiduguri’s Airport for International Operations

    Ground Handling Companies Hamstrung with Over Bloated Workforce

    Africa Posts Strongest Growth as Global Air Cargo Demand Climbs

    Finchglow Partners Other Agents to Tackle Challenges, Boost Travel Demand 

    NIIRA 2025: Omosehin Highlights Major Changes to Insurance Sector

    Cornerstone Insurance powers N25 billion trade as NGX starts October green 

    SEC DG urges West Africa to fast-track Capital Market Integration

    NAFDAC destroys fake and expired drugs worth N15 billion in Ibadan