• Latest
  • Trending
Fresh Plans To Withdraw Money From Excess Crude Account Will Be Contested- Wike

Fresh Plans To Withdraw Money From Excess Crude Account Will Be Contested- Wike

February 20, 2021
Rivers CP Probe Alleged N180k Bail Extortion, Torture Claims

Rivers CP Probe Alleged N180k Bail Extortion, Torture Claims

June 8, 2026
360 Freed as Troops Raid Boko Haram Enclave in Mandara

No Ransom Paid for 360 Rescued Abductees- Borno Govt

June 8, 2026
OGUN GRANTS INVESTORS 50% DISCOUNT ON LAND USE CHARGE

Ogun Inaugurates Safe School Committee Amid Security Fears

June 8, 2026
Four bank staff in police net for alleged money laundering,  N270m fraud

Police: Adelabu Family Aide Linked to Sister’s Kidnap

June 8, 2026
Lagos: No Solar Tax for Private Homes, Only Govt Estates

Lagos: No Solar Tax for Private Homes, Only Govt Estates

June 8, 2026
https://www.firstbanknigeria.com/personal/loans/mreif-home-loan/
ADVERTISEMENT
Oyo Govt Pulls Down Bungalow Used in Adelabu’s Sister Kidnap

Oyo Govt Pulls Down Bungalow Used in Adelabu’s Sister Kidnap

June 8, 2026
Tamunosoye Karibi-George Crowned Miss World Nigeria 2026

Tamunosoye Karibi-George Crowned Miss World Nigeria 2026

June 8, 2026
Four bank staff in police net for alleged money laundering,  N270m fraud

Delta Police Bust Gun Ring After Singer’s Extra-Judicial Death

June 8, 2026
NUPRC On Rolls Out Action Plan For 2024

NUPRC, NNRA Harmonise Rules to Cut Oil Sector Costs

June 8, 2026
ADVERTISEMENT
  • About US
  • Advert Rates
  • Privacy Policy
  • Contact
Monday, June 8, 2026
  • Login
No Result
View All Result
Present Nigeria
  • Home
  • News
    • Education
    • Health
    • Crime
  • Business
  • Politics
  • Entertainment
    • Lifestyle
  • Opinion
  • Sports
  • World News
  • Home
  • News
    • Education
    • Health
    • Crime
  • Business
  • Politics
  • Entertainment
    • Lifestyle
  • Opinion
  • Sports
  • World News
No Result
View All Result
Present Nigeria
No Result
View All Result

Fresh Plans To Withdraw Money From Excess Crude Account Will Be Contested- Wike

by Present Nigeria
February 20, 2021
in News
0
Fresh Plans To Withdraw Money From Excess Crude Account Will Be Contested- Wike
28
SHARES
56
VIEWS
FacebookTwitterWhatsappTelegram

*Tells Politicaians, traditional rulers to stop dividing Nigerians along ethnic, religious lines.

Rivers State Governor, Nyesom Wike says Nigeria Governors Forum’s endorsement of fresh withdrawal of fund by the Federal Government from the Excess Crude Account will be contested in court.

RelatedPosts

Rivers CP Probe Alleged N180k Bail Extortion, Torture Claims

No Ransom Paid for 360 Rescued Abductees- Borno Govt

Ogun Inaugurates Safe School Committee Amid Security Fears

As at Thursday, remains in Nigeria’s Excess Crude Account (ECA) stands at $72 million as the country continues to grapple with an unprecedented revenue crisis not seen since the early eighties.

The ECA account has now fallen by about 98% within the last 5 years.

The governor wondered what happened to the $1 billion withdrawn from Excess Crude Account in 2017 on the stance that it will be used to fund the fight against Boko Haram insurgents in the North-East.

Wike stated this when he played host to the Emir of Kano, Alhaji Aminu Ado Bayero, who was on courtesy visit to him at Government House, Port Harcourt on Friday.

The Rivers State Governor said he will not support the plan for a fresh withdrawal except Rivers State is given its 13 percent share from the account.

“Yesterday, I was told that the Governors agreed that they will take money from Excess Crude to support military. What of the one they took before, the $1 billion that they gave to the military?

“Now again! This one, I’ll tell my Attorney General; you will have to prepare, we will go to Court. I will not support that one except they’ll give us our 13 percent first from that Excess Crude Account.”

Wike told the Emir of Kano how his late father and other leaders in their time worked so hard in promoting love, peace and national unity among Nigerians.

He expressed the regret that current political and religious leaders are not building on those successes.

He said they are rather reducing every relationship, appointment, policy and programme of government to political and religious considerations.

Wike insisted that Nigeria belonged to everybody and that no one section can assert itself over other. He said that is why he had provided conducive environment to all ethnic groups in Rivers State to co-exist.

It is important that where we are now, everybody, particularly traditional rulers, should know that they have major role to play in ensuring that peace reigns in this country.

“This is the first time in Nigeria when we have so much ethnic divide, so much religious divide. It has never happened like this before. After the civil war, people had seen Nigeria as one country. We have seen ourselves as the same people but what we are facing today is a different thing.

“We are not even talking about the issue of insecurity, but the issue of ethnicity, and religion which have taken centre stage in our life which is not supposed to be.”

The governor accused heads of security agencies, particularly the Inspector General of Police of politicising security by posting Commissioners of Police to the State on the order a Politician in the ruling party.

The Emir of Kano, Alhaji Aminu Ado Bayero said his visit to Rivers State, the heart of the Niger Delta, is part of his fraternal tour to national leaders and traditional institution across the country.

The Emir urged Wike and other regional leaders to continue to ensure that the region remains a welcoming environment for all Nigerians to thrive.

He said Kano and Rivers States, face similar challenges and political leaders are encouraged to make the current challenges a bit more bearable for the common man.

“We have therefore made it a point every time we meet with traditional or political leaders across the country to ask them to do all within their powers to make the challenges of today’s life a bit more bearable for the common man.”

He commended the governor for the giant strides recorded in all spheres of governance and urged other leaders to emulate him.

Share this:

  • Click to share on Facebook (Opens in new window)
  • Click to share on Twitter (Opens in new window)
  • Click to share on WhatsApp (Opens in new window)
  • Click to share on Telegram (Opens in new window)
  • Click to share on LinkedIn (Opens in new window)
  • Click to share on Pinterest (Opens in new window)

Related

Share11Tweet7SendShareShare2
Previous Post

Fire Razes Shops At Kaduna Automobile Market

Next Post

Kim Kardashian Files For Divorce From Kanye West

Related Posts

Rivers CP Probe Alleged N180k Bail Extortion, Torture Claims

Rivers CP Probe Alleged N180k Bail Extortion, Torture Claims

June 8, 2026
360 Freed as Troops Raid Boko Haram Enclave in Mandara

No Ransom Paid for 360 Rescued Abductees- Borno Govt

June 8, 2026
OGUN GRANTS INVESTORS 50% DISCOUNT ON LAND USE CHARGE

Ogun Inaugurates Safe School Committee Amid Security Fears

June 8, 2026
Four bank staff in police net for alleged money laundering,  N270m fraud

Police: Adelabu Family Aide Linked to Sister’s Kidnap

June 8, 2026
Next Post
Kim kardashian

Kim Kardashian Files For Divorce From Kanye West

Leave a Reply Cancel reply

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

PRESENT, a credible online newspaper from the cell of Red Carpet Communications Limited, is published by an experienced and profoundly resourceful journalist, Yemi Olowolabi.
It leads in lucid presentation of trending stories and breaking news in Politics, Business, Economy, Entertainment, Sports, Lifestyles and Other Features.
With a heritage of in-depth coverage and adept leverage of core professionals, PRESENT is the trusted witness of the news.

  • Privacy Policy
  • Contact Us
  • Advert Rates

© 2025 Present Nigeria. All Rights Reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • News
    • Education
    • Health
    • Crime
  • Business
  • Politics
  • Entertainment
    • Lifestyle
  • Opinion
  • Sports
  • World News

© 2025 Present Nigeria. All Rights Reserved.