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Centre for Credible Leadership and Citizens Awareness slams Gov Fubara over Illegal activities and actions in Rivers State

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The Centre for Credible Leadership and Citizens Awareness, a civil rights organization has slammed the Governor of Rivers State over piled up illegal activities and jackboot politics.

Naijablitznews.com reports this was contained in a statement signed by the Director General of the renown NGO stating that it “strongly condemns the series of illegal activities and actions being perpetrated by Governor Sim Fubara in Rivers State.

“First and foremost, we express our profound dismay at the recent ex-parte order issued by Hon Justice C.N Wali of the Rivers State High Court, purporting to set aside the Judgement of the Federal High Court and declare the seats of lawfully elected House of Assembly members vacant. An act clearly outside his jurisdiction.

“By the unambiguous provisions of Section 272(3) of the Constitution of Federal Republic of Nigeria as amended only a Federal High Court has jurisdiction to hear cases that bother on vacation of the seats of a Mamber of the State Assemboy, Governor or Deputy Governor.

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“This act is a flagrant disregard to the rule of law and demonstrates a clear abuse of power. We call on the National Judicial Commission (NJC) to investigate this unruly and dishonourable act of Justice Wali and cause a proper deciplinary action to deter this obvious misadventure in the judiciary.

“Again, the purported invitation of a Senior Advocate of Nigeria, Dagogo Iboroma, SAN for screening before an illegitimate House of Assembly is an affront to the integrity of our legal system and a contemptuous act towards court judgments. The Federal High Court, in Suit No FHC/ABJ/CS/1613/2023, clearly ruled that only the Amaewhule-led Assembly of 27 members can determine who their clerk is. We urge Dagogo Iboroma, SAN, and all leaders of the Bar to uphold the sanctity of the law and refrain from participating in actions that undermine the Constitution and the authority of the Courts.

” The Desciplinary Committee of the Nigerian Bar Association ( NBA) should investigate Oboronma, SAN and properly discipline his despicable action.

“Governor Fubara’s alleged plan to demolish the State House of Assembly Quarters is an assault on democracy and an attempt to silence opposition voices in Rivers state.

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“The democratic process thrives on the existence of independent legislative bodies, and any attempt to undermine their autonomy should be condemned in the strongest possible terms.

“Lastly, we are deeply concerned about reports suggesting that Governor Fubara is spending Rivers State funds outside the realm of appropriation.

“A replication of corruption, abuse of power and due process. This act contravenes the principles of fiscal responsibility and accountability. Public funds should be managed prudently and in accordance with the law. We urge the appropriate authorities to investigate these allegations thoroughly and take appropriate actions to safeguard the interests of the citizens.

“As the Centre for Credible Leadership and Citizens Awareness, we firmly stand against these illegal activities and actions of Governor Sim Fubara in Rivers State. We call on all citizens, civil society organizations, and leaders of the Bar and the Bench to join us in defending the Rule of Law, upholding democratic tenets and principles, and safeguarding our constitutionally guaranteed rights.

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“We will take all necessary steps to oppose these desecrations of our courts and the noble profession of law.

” Together, we can ensure that justice prevails and the rights of the people of Rivers State are protected.

Signed,
Dr. Nwambu Gabriel,
Director General,
Centre for Credible Leadership and Citizens Awareness.

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Access Bank Becomes First to Meet CBN’s Minimum Capital Requirement with N351bn Rights Issue

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By Gloria Ikibah

Access Holdings Plc has announced the successful completion of its Rights Issue, raising N351,009,103,017.25 through the issuance of 17,772,612,811 ordinary shares at N19.75 per share.

This achievement follows full regulatory approvals from the Central Bank of Nigeria (CBN) and the Securities and Exchange Commission (SEC).

With this milestone, Access Bank Plc, the flagship subsidiary of Access Holdings, is the first bank to meet the CBN’s N500 billion minimum capital requirement for banks with international authorisation, well ahead of the March 2026 deadline. The bank’s share capital now stands at N600 billion, exceeding the regulatory threshold by N100 billion.

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This marks a significant achievement as Access Holdings is the first CBN-licensed financial holding company to execute a fully digital Rights Issue. The process utilised the Nigerian Exchange Group’s E-offer platform to provide shareholders with a seamless and efficient subscription experience, enhancing accessibility and participation.

Speaker on the development, the Holding Company’s Chairman, Aigboje Aig-Imoukhuede, highlighted the innovation and leadership demonstrated by the institution. Further details from the statement emphasize the bank’s commitment to leveraging technology to drive growth and improve shareholder value.

He said: “The Access brand has always resonated strongly with local and international capital markets. Since 2004, Access Bank has raised billions of dollars in capital to meet successive CBN recapitaliation directives. We are pleased that this time, we are the first to cross the finish line.
“The success of the Rights Issue demonstrates the resilience of Nigeria’s capital market and reinforces our shareholders’ confidence in the present value and potential of our company.
“We deeply acknowledge the invaluable and strong support of the Central Bank of Nigeria and the Securities and Exchange Commission, who both played crucial roles in ensuring the integrity and efficacy of our Rights Issue exercise.
“We are also grateful to our valued shareholders, whose loyalty to the Access brand and vision for over 22 years has been most inspiring and unwavering. As we enter the new year, we are well-positioned to leverage our enhanced capital base to deliver sustainable value for our stakeholders.”
Access Holdings Plc operates through a network of more than 700 branches and service outlets, spanning three continents, 23 countries, and over 60 million customers.
The company serves its markets through four subsidiaries in banking, payment, pension administration, and insurance sectors: Access Bank Plc, Hydrogen Payment Services Company Limited, Access Pensions Limited, and Access Insurance Brokers Limited.
Access Bank Plc serves its markets through three business segments—Corporate and Investment, Commercial, and Retail—and has enjoyed Africa’s most successful banking growth trajectory in the last 22 years.
Following its merger with Diamond Bank in March 2019, Access Bank Plc became one of Africa’s largest retail banks by customer base and Nigeria’s largest bank by total assets.
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I’m optimistic about Nigeria’s future, says Shettima

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Vice President Kashim Shettima has expressed optimism about Nigeria’s future, reaffirming the commitment of the Federal Government to national security, economic transformation, and the well-being of all citizens.

In a Christmas message on Wednesday, Shettima assured Nigerians that the administration of President Bola Tinubu is resolute in its efforts to tackle critical issues such as security and economic challenges, as the country prepares for the coming year.

“As we approach a new year, I want to reassure you that President Tinubu’s administration remains fully dedicated to improving the lives of all Nigerians. We are committed to tackling economic transformation and enhancing the welfare of every citizen,” Shettima said.

Highlighting Nigeria’s diversity as a strength, the Vice President called on Nigerians to use the festive period to strengthen unity across all regions and faiths, fostering a spirit of togetherness.

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“Our nation’s greatest strength lies in its diversity. This holiday season offers us the perfect opportunity to strengthen the bonds of brotherhood that unite us,” he stated.

Shettima also assured Nigerians of the continued vigilance of the nation’s security forces, emphasising that security personnel would remain on high alert during the holiday period to ensure safety.

“Our brave security personnel will continue to work tirelessly to protect us. Enhanced security measures are in place to safeguard citizens during the festive season,” he said, urging travelers to stay vigilant.

Looking to the future, Shettima expressed hope and confidence in the country’s trajectory.

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“I am filled with hope and optimism about Nigeria’s future. Together, we will build a more prosperous and united nation,” he said.

Addressing the nation’s youth, Shettima emphasised their crucial role in Nigeria’s development and outlined the government’s initiatives aimed at creating opportunities for them.

“To our young people, you are the backbone of our nation. The Renewed Hope administration is rolling out various initiatives to empower you, enabling you to thrive and contribute to Nigeria’s growth,” Shettima said.

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Address unemployment, extremism to end insecurity – Kukah

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The Bishop of Sokoto Diocese, Matthew Kukah, has said Nigeria’s protracted insecurity cannot be resolved without addressing unemployment and violent religious extremism, which he described as breeding grounds for violence.

Delivering his Christmas message at the Holy Family Cathedral Catholic Church, Sokoto Diocese, Kukah lamented the nation’s lack of measurable progress, which he attributed to a preference for “darkness rather than light.”

“Nigeria’s lack of visible and measurable progress is tied to the fact that we have chosen darkness rather than light,” he said. “Imagine if we let the light shine on our public service, on our politics, on our individual, community, and national life, and on our public institutions. Imagine what Nigeria would be like if we chose light instead of darkness.”

The cleric stressed that meaningful change requires embracing transparency, accountability, and integrity in both public and private life. He urged Nigerians to embody the Christian hymn “They will know we are Christians by our love” and to reject the divisive forces of ethnicity, nepotism, and greed.

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“We are still unable to embrace the ideals of our national anthem that says: ‘Though tribe and tongue may differ, in brotherhood we stand.’ Diversity is a gift from God. Let us use it effectively as a tool for national mobilisation and cohesion,” he said.

Kukah identified unemployment and religious extremism as major drivers of insecurity, adding that tackling these issues is essential for stability.

“Insecurity cannot be overcome without addressing unemployment and violent religious extremism, which breed conditions for violence,” he said. He further called for the strict enforcement of laws to prosecute extremists, describing them as “criminals and murderers.”

The Bishop commended the passage of the Not Too Young to Run Bill and the enactment of the Student Loan Act 2024, noting their potential to expand opportunities for young Nigerians.

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“It is significant that the act does not limit access to university students alone. We hope this project will be free of bureaucratic bottlenecks and favouritism, ensuring that poverty does not exclude anyone from receiving a good education,” Kukah stated.

He urged the youth to seize these opportunities but noted ongoing barriers such as high political participation costs and weak internal democracy.

Speaking on the recent tragedies in Okija, Ibadan, and Abuja, where stampedes during food distributions led to loss of lives, Kukah described these incidents as “metaphors for the desperation Nigerians face daily.”

“These tragedies were avoidable. The government must collaborate more effectively with institutions that promote the common good to prevent such loss of life,” he said.

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Kukah praised the Catholic Church’s efforts to support vulnerable communities through organisations like St. Vincent de Paul and called on the government to do more in safeguarding citizens’ dignity.

Bishop Kukah also encouraged Christians to stay committed to their faith and moral responsibilities, regardless of the nation’s systemic failures.

“We are the light of the world, a city on a hill that cannot be hidden. We must not allow the weaknesses and failures of the Nigerian state to become an excuse for doing wrong,” he said.

He urged Christians to prioritise divine law over human systems, noting, “The Constitution has its flaws, but the Word of God is a divine command, inerrant, and written in the hearts of good Christians.”

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As the nation continues to grapple with insecurity, poverty, and corruption, Kukah called on all Nigerians to choose the path of unity, love, and accountability for a brighter future.

“As we celebrate Christmas, let us open our hearts and commit to living the ideals Jesus taught us. May this season bring joy, and the new year bring blessings,” Kukah said.

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