Headline

Reactions Trail $1.1bn Derivation Fund In Akwa Ibom

Published

3 years ago

November 21, 2022

Editor

The $1.1 billion (N600 billion) that was said to have been given to the Akwa Ibom State government as arrears of the 13 per cent derivation fund from the Federal Government has continued to generate heat in the state as the people have queried Governor Udom Emmanuel on what he used the money for.

It could be recalled that Rivers State governor, Nyesom Wike had over the weekend revealed that President Muhammadu Buhari approved the payment of arrears of the derivation fund owed since 1999 to Niger Delta states including Akwa Ibom.

Since the revelation was made, Akwa Ibom people have expressed shock that such huge income was received by the state government apart from the monthly Federal allocation and Internally Generated Revenue (IGR) without their knowledge, and are demanding explanations of how the monies were expended.

The governorship candidate of the Young Progressives Party (YPP) in Akwa Ibom State, Senator Bassey Akpan who reacted to Wike’s revelations regretted that despite the huge financial inflow, the state is still in a deplorable state even as he tasked the people to ask questions about how the money was used.

“When I said he(Udom) received N280 billion, they said it was politics. They said I was interested in finance. All the funds that were not paid to South-South states from oil proceeds put together was $2.56 billion. The one paid to Akwa Ibom was $1.1 billion (N600 billion). Udom has received over N3 trillion. But there is nothing to show for it,” he stated.

Also, the National Coordinator, Akwa Ibom Human Rights Community, Clifford Thomas (Esq) in his reaction said there was no justifiable reason why Governor Emmanuel never mentioned to Akwa Ibom citizens the amount he legitimately collected on behalf of the state as arrears of the derivation fund.

“It is just a matter of showing us how much you have collected. The fact that you did not disclose it to us means that you had the intention to steal. Proper disclosure presupposes that you are transparent and accountable to the people. Where a government is not accountable and transparent to the people, it thereafter means that there’s no probity in your council and it is against human rights,” he said

He said further: “Again, I know that the propriety of coming to disclose at this critical time is challenging but the fact remains that it was disclosed from credible sources that over $1.1billion was given to Akwa Ibom State as arrears of 13 per cent derivations from 1999 till now, then what is the propriety of hiding money that came to you legitimately.”

Commenting on the fund received, Professor of Economics, University of Uyo, Prof. Edet Akpakpan, said it was expedient for the people to demand from the government what the money received was used for, saying the question was a legitimate one to ascertain if the funds were judiciously used.

“I have heard the information that Governor Wike has given the whole world. What we in this part of the country should do is ask our government, if they received that kind of money, what exactly do they do with the money? I think this is a legitimate question to ask.

“I will not from my library conclude that nothing has been done. I have heard that they have done a number of things in some local governments, for instance, Onna, but we need to be concrete.

“Governor Wike has commissioned nine or 10 flyovers and these are fantastic things, when we talk of infrastructure, that is what it should be. I have seen a tower here in Uyo, I don’t know what the building will serve.

“I have not asked questions; any time I decide to do a research on the economy of the State, I will ask these questions. But as a private person, what we need to do is to ask the government what has happened, have they received the money, what have they done with it?” he stated.

Efforts to get the Commissioner of Finance, Mr Linus Nkan to comment on the receipt of the derivation fund failed as he was yet to pick up his phone calls at the time of filing the report.

It was gathered that the governors of Delta and Bayelsa states had since addressed the press, notifying their people of the received fund, but in Akwa Ibom State, the government is yet to speak on the matter, leaving the people in the dark.

Headline

FULL LIST: Nigeria Emerges As Africa’s Third Most Formidable Military Force

Published

15 hours ago

June 23, 2025

Editor

Nigeria has secured the third position among African nations with the most formidable military forces in the 2025 Global Firepower Military Strength Index, according to Global Firepower’s annual report cited by The PUNCH on Monday.

The index evaluates 145 countries based on over 60 metrics, including troop numbers, equipment capabilities, financial resources, logistical efficiency, and geographical advantages to assess military strength.

In the 2025 rankings, Egypt maintains its lead as Africa’s top military power, followed by Algeria in second place and South Africa in fourth. Nigeria’s rise to third underscores its growing military capabilities, driven by investments in personnel, equipment, and counter-terrorism efforts.

Here is a list of African countries ranked in the 2025 Global Firepower Index.

1. Egypt (19)

2. Algeria (26)

3. Nigeria (31)

4. South Africa (40)

5. Ethiopia (52)

6. Angola (56)

7. Morocco (59)

8. Democratic Republic of the Congo (66)

9. Sudan (73)

10. Libya (76)

11. Kenya (83)

12. Chad (84)

13. Mozambique (89)

14. Tunisia (90)

15. Tanzania (92)

16. Cameroon (93)

17. Ivory Coast (102)

18. Mali (104)

19. Zambia (109)

20. Ghana (110)

21. Zimbabwe (111)

22. South Sudan (113)

23. Uganda (114)

24. Namibia (116)

25. Niger (119)

26. Eritrea (120)

27. Republic of the Congo (121)

28. Botswana (122)

29. Mauritania (123)

30. Senegal (125)

31. Burkina Faso (129)

32. Madagascar (130)

33. Gabon (133)

34. Liberia (138)

35. Sierra Leone (140)

36. Somalia (142)

37. Central African Republic (143)

38. Benin (144)

Headline

Middle East Crisis Dominates EU Foreign Ministers’ Brussels Meeting

Published

15 hours ago

June 23, 2025

Editor

The foreign ministers of EU member states on Monday were set to discuss the latest developments in the Middle East at their June meeting in Brussels.

The talks come amid growing international alarm after the United States joined Israel in launching strikes against Iranian nuclear facilities.

A key question for the ministers will be whether Europe can help steer the crisis back towards diplomacy.

EU foreign policy chief Kaja Kallas on Sunday urged all sides “to step back, return to the negotiating table and prevent further escalation,” in a statement posted on X.

Headline

US Says Strikes ‘Devastated’ Iran’s Nuclear Program

Published

1 day ago

June 22, 2025

Editor

Unprecedented US strikes have wrecked Iran’s nuclear program, Defense Secretary Pete Hegseth said Sunday as Washington sought to assess what remained of the three targeted sites.

The surprise strikes threaten to deepen conflict in the Middle East after Israel launched a bombing campaign against Iran, with Tehran vowing to retaliate against US involvement.

But the United States said President Donald Trump wanted peace and urged Iran to end the conflict after strikes on a key underground uranium enrichment site at Fordo, along with nuclear facilities in Isfahan and Natanz.

“We devastated the Iranian nuclear program,” Hegseth told a Pentagon press briefing, adding that the operation “did not target Iranian troops or the Iranian people.”

Trump “seeks peace, and Iran should take that path”, Hegseth said. “This mission was not, and has not been, about regime change.”

Standing beside Hegseth, top US general Dan Caine said that “it would be way too early for me to comment on what may or may not still be there.”

“Initial battle damage assessments indicate that all three sites sustained extremely severe damage and destruction,” he told reporters.

– Protests in Tehran –

People gathered in the center of Tehran to protest against US and Israeli attacks, waving flags and chanting slogans, state TV showed.

Trump claimed total success for the operation in an address to the nation hours after the attack, and Vice President JD Vance followed up on Sunday morning.

“We know that we set the Iranian nuclear program back substantially last night, whether it’s years or beyond,” he told ABC.

“We’re not at war with Iran — we’re at war with Iran’s nuclear program,” he added. “The president took decisive action to destroy that program last night.”

In Tehran, AFP journalists said the roar of aircraft flying over the city was heard repeatedly for the first time since Israel’s initial attacks.

The UN’s International Atomic Energy Agency said it had not detected any increase in radiation levels at the nuclear sites and Tehran said Sunday there were no signs of contamination.

Iranian Foreign Minister Abbas Araghchi told reporters in Istanbul the United States and Israel had “crossed a very big red line,” asserting Iran would continue to defend itself “by all means necessary.”

Israeli Prime Minister Benjamin Netanyahu hailed the US strikes, saying Trump’s decision to “target Iran’s nuclear facilities with the awesome and righteous might of the United States will change history.”

The Israeli military was also checking the results of the US raid on the deeply buried nuclear facility in Fordo, with a spokesman saying it was “too soon” to know if Iran had removed enriched uranium from the site.

The main US strike group was seven B-2 Spirit bombers flying 18 hours from the US mainland to Iran with multiple aerial refuelings, Caine said.

– Global concern –

In response to the US attack, Iran’s armed forces said they targeted multiple sites in Israel including Ben Gurion airport, the country’s main international gateway near Tel Aviv.

Israeli rescuers said at least 23 people were wounded.

In Jerusalem, Claudio Hazan, a 62-year-old software engineer, said he hoped the US intervention would hasten an end to the Iran-Israel war.

“Israel by itself would not stop… and it would take longer,” he said.

Israel said it had launched fresh strikes on western Iran and in Qom, south of Tehran. Iran’s official IRNA news agency reported four Revolutionary Guard members were killed in strikes on a military base in the city’s north.

The Israeli military said it had “struck missile launchers ready to launch toward Israeli territory, soldiers in the Iranian Armed Forces, and swiftly neutralized the launchers that launched missiles toward Israeli territory.”

Iran’s Shargh newspaper reported that a “massive explosion was heard” Sunday in Bushehr province, home to Iran’s only nuclear power plant.

Iranian news agencies also reported strikes in Yazd province.

The United Arab Emirates, Qatar and Oman, which had been mediating Iran-US nuclear talks, criticized the US move and urged de-escalation.

The European Union called on all sides “to step back,” while stressing Iran must not be allowed to develop nuclear weapons.

The Iranian foreign minister said he would travel to Moscow for talks with Russian President Vladimir Putin on Monday.

Following his address, Trump warned Iran against retaliation. Iran and its proxies have previously attacked US military bases in Iraq and elsewhere in the region.

Iran’s Huthi allies in Yemen on Sunday repeated their threat to resume attacks in the Red Sea if Washington joined the war, saying they were ready to target US ships and warships.

The US president had stepped up his rhetoric against Iran since Israel first struck the country on June 13, repeating his insistence it could never have nuclear weapons.

Tehran denies seeking an atomic bomb. On Saturday, President Masoud Pezeshkian said Iran’s right to pursue a civilian nuclear program “cannot be taken away… by threats or war.”