Gov. Wike of Rivers State

In what looked like going for the jugular of his enemy, Rivers Governor,  Nyesom Wike, on Friday approved the revocation of state owned assets sold to Sahara Energy Limited, a company linked to Tonye Cole, the All Progressives Congress governorship candidate who was also believed to be the major opponent of the Governor in the 2019 general election.  

Arising from state executive council meeting presided over by him, Wike announced the approval of termination of  sale  of 70-percent equity in the State Government owned power generation assets held by First Independent Power Limited in Omoku, Afam, Trans-Amadi and Eleme Gas Turbines to NG Power-HPS Limited. 

The Rivers State Government also terminated the concession of the Rivers and Bayelsa State owned Olympia Hotel to Cenpropsaroten Hotel Management Limited.

The State Government further terminated the concession agreement between the Government of Rivers State and Kild concession Limited in respect of the construction of a Toll road and Secondary developments in Abonnema Wharf, Port Harcourt.

These were part of resolutions at the State Executive Council meeting presided over by the Rivers State Governor, Nyesom Ezenwo Wike on Friday at the Government House, Port Harcourt.

The three companies that had their contracts/concessions terminated are subsidiaries of Sahara Energy Limited, which Wike claimed was used by his predecessor, Rotimi Amaechi to acquire state assets.

Briefing journalists after the State Executive Council meeting, Information and Communication Commissioner, Emma Okah said that the State Government arrived at the resolutions in line with yet to be implemented  recommendations of the White Paper  on the Report of the Judicial Commission of Inquiry for the Investigation of the administration of Governor Chibuike Rotimi Amaechi on the sale  of Valued Assets of Rivers State and other related matters under the chairmanship of Justice George Omereji.

The Rivers State Government directed the Attorney General of the State to take further steps as contained in the White Paper.