Three commissioners serving in the cabinet of Governor Siminalayi Fubara have resigned from the Rivers State Executive Council.

The commissioners are Prof. Chinedu Mmom (Education), Dr. Gift Worlu (Housing), and Austen Ben-Chioma (Environment), who are all loyal to the Minister of the Federal Capital Territory, Nyesom Wike.

They were among the nine commissioners who had previously resigned in the heat of the political crisis in the state before the intervention of President Bola Tinubu.

Their resignations came 24 hours after Fubara slammed his predecessor and estranged his political godfather, accusing him of leaving a huge debt burden for him.

READ ALSO: JUST IN: Rivers Commissioner Mmom Resigns, Cites Toxicity In Fubara’s Cabinet

A copy of Gift Worlu’s resignation letter.

The three commissioners tendered their resignations in separate letters addressed to the governor through the Secretary to the State Government, Dr Tammy Danagogo.

Mmom’s letter read, “I write to formally tender my resignation as a member of the Rivers State Executive Council as the Commissioner for Education with effect from today, May 15, 2024.

“It is a truism that a calm, safe, and friendly environment would stimulate efficient service delivery and enhanced productivity. It is, however, unfortunate to note that my current workspace has become toxic and no longer guarantees a favourable environment to enable me to realise my set targets for the education sector in the state.

A copy of Austen Ben-Chioma’s resignation letter.

READ ALSO: JUST IN: Another Rivers Commissioner Resigns, Cites Toxicity In Fubara’s Cabinet

“There is loss of trust, animosity and sharp division among colleagues in the same cabinet which is unhealthy and very unfortunate. I want to thank Your Excellency for the opportunity to serve in your cabinet and wish your administration well.”

Moments later, Ben-Chioma forwarded his letter dated same May 15. He noted that his reason for resigning is because of the political crisis in the state.

His letter read, “I hereby tender my resignation as the Commissioner for Environment, Rivers State, on this day, May 15, 2024.

“I want to sincerely appreciate Your Excellency for giving me the opportunity to be a part of the State Executive Council. My decision to resign is due to the political crisis befalling our dear Rivers State and other personal reasons.

“It was a privilege to have been of service to you in your administration and wish you all the best in your tenure.”

READ ALSO: BREAKING: Another Rivers Commissioner Resigns

Similarly, Worlu in his letter dated May 15, said, “I write to resign my appointment as the Commissioner for Housing formally. One of the most difficult decisions in my life yet, it is precipitated by the toxic atmosphere that has characterised our working relationship, especially the smouldering arbitrariness of decisions and actions, including the attempt to fuse the executive and legislative arms of government in Rivers State.

“I thank you for the opportunity to serve in your government and wish you the best as you continue to steer the ship of state. Kindly accept the assurances of my esteemed regards.”

Before the trio of Mmom, Worlu, and Ben-Chioma, others who resigned were the former Attorney-General and Commissioner for Justice, Prof Zacchaeus Adangor, and former Commissioner for Finance, Isaac Kamalu.

Adangor and Kamalu resigned after Fubara directed that they should be redeployed to the Ministry of Special Duties (Governor’s Office) and Ministry for Employment Generation and Empowerment, respectively.

Nigeria’s headline inflation rate has increased to 33.69 per cent in April 2024 up from 33.20 per cent recorded in March 2024, the National Bureau of Statistics has said.

This represents a month-over-month increase of 0.49 per cent points in the headline inflation rate, according to the Consumer Price Index report, the NBS stated in a report on Wednesday.

Comparing year-on-year data, the inflation rate in April 2024 was 11.47 percentage points higher than in April 2023, where it stood at 22.22 per cent. This indicates that the headline inflation rate has risen significantly over the past year.

READ ALSO: JUST IN: Nigeria’s Inflation Hit 31.70% In February – NBS

Additionally, on a month-to-month basis, the inflation rate for April 2024 was 2.29 per cent, which is 0.73 per cent lower than the 3.02 per cent recorded in March 2024. This suggests that the rate at which prices increased in April 2024 was slower than the rate in March 2024.

The report read, “In April 2024, the headline inflation rate increased to 33.69% relative to the March 2024 headline inflation rate which was 33.20 per cent. Looking at the movement, the April 2024 headline inflation rate showed an increase of 0.49% points when compared to the March 2024 headline inflation rate.

“On a year-on-year basis, the headline inflation rate was 11.47 per cent points higher compared to the rate recorded in April 2023, which was 22.22 per cent. This shows that the headline inflation rate (year-on-year basis) increased in April 2024 when compared to the same month in the preceding year (i.e., April 2023).

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“Furthermore, on a month-on-month basis, the headline inflation rate in April 2024 was 2.29 per cent, which was 0.73 per cent lower than the rate recorded in March 2024 (3.02 per cent). This means that in April 2024, the rate of increase in the average price level is less than the rate of increase in the average price level in March 2024.”

Food inflation however reduced by 1.11 per cent caused by a fall in the rate of increase in the average prices of basic food commodities.

“On a month-on-month basis, the Food inflation rate in April 2024 was 2.50% which shows a 1.11 per cent decrease compared to the rate recorded in March 2024 (3.62 per cent). The fall in Food inflation on a Month-on-Month basis was caused by a fall in the rate of increase in the average prices.”

Details later…

A Federal Capital Territory High Court in Abuja, on Wednesday, granted the immediate past Governor of the Central Bank of Nigeria, Mr Godwin Emefiele, bail of N300 million, following his arraignment on the unlawful redesign of the naira notes.

Emefiele was accused of approving the printing of N684.5 million at the rate of N18.96 billion.

The anti-graft agency also said the embattled former governor unlawfully approved the withdrawal of N124.8 billion from the Consolidated Revenue Fund of the Federation.

The former apex bank chief was also said to have disobeyed the direction of law with intent to cause injury to the public during his implementation of the naira swap policy of the administration of former President, Muhammadu Buhari.

READ ALSO: Naira Printing: ‘I’m Not To EFCC’s Fresh Charge,’ Emefiele Pleads

EFCC, also claimed that Emefiele embarked on the naira redesign without the approval of the Board of the CBN as well as the then President, Buhari.

Emefiele refused any wrongdoing as he pled not guilty to all four count charges read to him by the prosecution, Economic and Financial Crimes Commission, before Justice Maryanne Anenih.

This arraignment makes it the third separate charge brought before Emefiele.

Emefiele’s counsel, Mahmud Magaji (SAN) moved for his client’s bail application, after the prosecution had finished reading out the charge.

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He drew the attention of the court to an earlier bail granted by Justice Hamza Muazu, of the FCT High Court, Maitama.

Ruling in the bail application, Justice Anenih, held that “a defendant is entitled to bail and presumed innocent until proven otherwise”.

She also said there is “cogent and compelling reason to grant the bail application.”

Justice Anenih, on this note granted Emefiele bail with similar conditions as previously granted by Justice Hamza Muazu.

She granted him bail to the sum of N300m and two sureties.

She held that the sureties must be responsible citizens and own property worth the bail sum within the FCT.

READ ALSO: Ex-CBN Gov, Emefiele Faces Fresh Charge Over Printing Of Naira Emefiele

She added that the property documents must be verified and deposited with the court registry pending the determination of the matter.

While adopting the bail ruling of Justice Muazu, Justice Anenih held that the two sureties must deposit two recent passport photos alongside their National Identity cards or international passports.

She also held that the defendant is prohibited from travelling outside the country without the permission of the court.

She subsequently adjourned till May 28 for the commencement of trial.

Recall that Justice Muazu had granted Emefiele bail in the sum of N300 million with two sureties in like sum.

Today’s arraignment on the fresh charges brought before Emefiele was previously scheduled to be held on April 30.

The arraignment was, however, stalled due to the absence of the prosecution who had asked the court to fix another date for the arraignment as the previous date was no longer convenient.

Following his request, the matter was fixed for today, Wednesday, May 15.