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Governor Fubara Tackles Wike Over Rivers’ Heavy Debt: A Rift Unveiled In The Face Of Billions In Unpaid Balances
Governor Fubara Tackles Wike Over Rivers’ Heavy Debt: A Rift Unveiled In The Face Of Billions In Unpaid Balances
In a stunning revelation that has sent shockwaves through Rivers State, Governor Siminalayi Fubara has openly addressed the staggering debt burden inherited from the previous administration led by Nyesom Wike. Speaking on Tuesday, Fubara disclosed that his administration has been saddled with billions in unpaid balances owed to contractors who executed various projects under Wike’s tenure.....KINDLY READ THE FULL STORY HERE▶
The disclosure has sparked fresh tensions in the already strained relationship between Fubara and his predecessor, Wike, who was once hailed as “Mr. Projects” for his ambitious infrastructural initiatives during his time in office. However, Fubara’s revelation paints a different picture, highlighting the financial challenges plaguing the state.
During Wike’s tenure, Rivers State witnessed a flurry of development projects, including the construction of 12 flyovers and other critical infrastructure. Wike often touted these projects as evidence of his commitment to the state’s progress, thanking former President Muhammadu Buhari for financial support. However, Fubara’s recent statements cast doubt on the financial sustainability of these projects, revealing the existence of substantial unpaid debts.
Fubara’s remarks come on the heels of his declaration of intent to probe Wike’s administration, indicating a significant shift in the political landscape of Rivers State. The governor’s decision to investigate the affairs of the previous administration underscores his commitment to transparency and accountability, even at the risk of political fallout.
Speaking at the inauguration of a road project in the Eleme Local Government Area, Fubara reiterated his administration’s commitment to addressing the state’s debt burden while delivering on its promises to the people. He emphasized the need for genuine action to improve the lives of Rivers residents, dismissing distractions aimed at derailing his government’s agenda.
Despite the challenges posed by the inherited debt burden, Fubara expressed optimism about his administration’s ability to navigate the crisis and deliver meaningful progress to the state. He underscored the importance of collaboration with the federal government and other stakeholders to achieve lasting solutions to Rivers’ financial woes.
As Fubara embarks on a mission to uncover the truth behind Rivers’ heavy debt burden, the state finds itself at a critical juncture, grappling with the fallout from years of financial mismanagement. The governor’s bold stance against corruption and his unwavering commitment to accountability signal a new era of governance in Rivers State, one defined by transparency, integrity, and a relentless pursuit of progress.
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MILLIONS IN, MILLIONS OUT: Manchester United Cracks Record £677.6M Revenue Amid Mounting Financial Bleed!
Manchester United has reported a net loss of £43 million (approx. $57 million) for the financial year ending June 30, even as the club pulled in a record-breaking revenue of £677.6 million.....KINDLY READ THE FULL STORY HERE▶
The club’s revenue saw a 1.7 percent boost, largely propelled by a nearly 20 percent increase in broadcasting income following a third-place finish in the Premier League during the 2025/26 season. However, both commercial and matchday revenues dropped by nearly 5 percent due to playing without European football.
Key highlights from the financial report include:
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Seventh Consecutive Loss: The accounts marked United’s seventh straight annual loss after tax, which included £8.2 million in exceptional costs mainly linked to the departure of manager Ruben Amorim in January after 14 months in charge.
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Stadium Expansion & Cost-Cutting: The club invested £63.5 million on land adjacent to Old Trafford as part of ambitions to build a new 100,000-capacity stadium, while co-owner Jim Ratcliffe has continued implementing strict cost-cutting initiatives and job reductions.
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Future Outlook: Chief Executive Omar Berrada expressed confidence in the club’s trajectory and financial discipline, with the club projecting revenues between £740 million and £760 million for the current financial year.
Despite the positive financial outlook and a return to Champions League football under manager Michael Carrick, the team has faced a rocky start to the new Premier League campaign, picking up five points from their first five matches and exiting the English League Cup.
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ARM UP OR WIPE OUT! General Musa Demands Mandatory Military Boot Camp For Every Single Citizen!
The Minister of Defence, General Christopher Musa (rtd), has proposed that every Nigerian citizen should undergo military training, arguing that the physical and mental endurance it builds provides a unique perspective on life.....KINDLY READ THE FULL STORY HERE▶
Speaking on the African Leadership Podcast with Ken Giami, the minister explained that putting ordinary citizens through rigorous boot-camp conditions would foster a deeper appreciation for the sacrifices made by members of the Armed Forces.
According to Musa, experiencing firsthand hunger, exhaustion, and physical strain teaches invaluable lessons in resilience.
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Building Resilience: Citizens would learn what it means to keep moving forward despite physical fatigue, lack of sleep, and hunger while protecting their country.
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Understanding the Military: The training is designed to help the public truly grasp the gravity of soldiers putting their lives at stake on the front lines.
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Addressing Criticism: Expressing frustration over public backlash, the minister noted that such an experience would help critics better understand and respect the hardships military personnel face daily.
Musa emphasized that understanding these hardships highlights the true dedication of security forces who risk everything so that other Nigerians can move about freely.
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‘Nigeria Will Be Governed Remotely Until Tinubu Returns’ – Hakeem Baba-Ahmed
ABUJA — The National Chairman of the Peoples Redemption Party (PRP), Dr. Hakeem Baba-Ahmed, has remarked that Nigeria is effectively being managed from afar following the extension of President Bola Tinubu’s leave in Europe.....KINDLY READ THE FULL STORY HERE▶
Baba-Ahmed pointed out that both President Tinubu and Vice President Kashim Shettima are currently out of the country—with the President extending his working vacation in Paris and the Vice President attending the United Nations General Assembly (UNGA) in New York.
Key Highlights from Baba-Ahmed’s Remarks
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Remote Governance: Baba-Ahmed criticized the concurrent absence of the nation’s top two leaders, noting on social media that the country would have to “be governed remotely” until the President’s return.
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Critical Timing: He emphasized that this leadership vacuum occurs at a crucial moment when citizens are evaluating the current administration and deciding whether they desire a continuation of leadership or a major change.
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Questions on Leadership Priorities: The PRP chieftain expressed skepticism over the timing of the prolonged absence, suggesting that the administration’s current approach leaves critical domestic governance gaps.
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