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What I will Do With Bayelsa Money if Elected Governor-Agbedi

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Hon. Fred AGBEDI is a third time member in the House of Representatives. He was  former state chairman of the Peoples Democratic Party(PDP) in Bayelsa State. He also served as Special Adviser to Governor Dickson on Political Matters.

Agbeti who represents Sagbama/ Ekeremor Federal constituency in the House of Representatives is one of Governorship Aspirants  in the forth coming governorship election in Bayelsa state.

   In this interaction with the members of the Federated Correspondents the Aspirant bares his mind on the development of the state and his plans if elected.

Excerpt:

Can you speak briefly about yourself?

I am Fred Agbedi from Agoro community in Ekeremor Local Government Area  of Bayelsa State, I am the member of the House of Representatives, representing Sagbama/Ekeremor Federal Constituency, of course the third time member in the House of Representatives.

I was first in the House in third Republic which was 1992 under the National Republican Convention (NRC), today as a member of PDP, am serving my second term in the ninth Assembly at the House of Representatives. In Bayelsa state, I have held series of offices. I was the pioneer Secretary of NRC in Ekeremor LGA which office I contested and won to the House of Representatives. I have been chairman of PDP in Bayelsa state since 2005 to 2008. I have also  been  Special Adviser, Political Matters to Gov. Dickson and of course two times Director General  of Dickson Campaign Organisation, the Restoration Campaign 2011-12 and also 2015
to 2016, I have led three campaigns across the length and breath of
Bayelsa State and that makes me an household name and a committed loyal member  of the PDP.
I attended COE  where I read English and History, I attended
Uniport where I read English, I attended University of Abuja where I read Master in Public Administration am currently defending my seminar
on my thesis at Uniport. I pride myself as a professional politician, I have
been in politics for about four decades, I believe that am the only
professional politician that is running for the governorship position in Bayelsa state. I am also a professional in many respects, as teacher, character moulder, trainer, a Counsellor. As somebody who studied English, I can expressly express the desire of
my people and as graduate of Public Administration, am an
administration expert and for you to be a governor, you must have that
competence which I have as a development study student, a development expert of course

  Why do want to be Governor of Bayelsa State?

why I want to be a governor is to develop Bayelsa and I believe that if you want to be a governor, then you must understand the essence of a governor, the essence  number one is to realize that you are to be a servant and you must be able to render service, you should not see yourself as boss or rather you should see yourself as the servant of the people that is what I know very well and that is what I have come to do, to be the servant of the people. I also know that the position of a governor is a supervisor, yours is to supervise others, you understand the essence of supervision and you
too must have the capacity to supervise, because the governor does not do everything by himself, the governor identifies competent and capable hands who represent him in implementing policies and actions of Government and until you understand that a governor is a supervisor and that as a
supervisor, your first responsibility is to identify the right people
who have competency and capacity to implement policies of Government is what makes you stand out as a man who  knows your job from day one and so I realize that as a governor your duty is to supervise and understand how to check, monitor and applaud your lieutenants when they have done well, the ability to call your lieutenants to order when you believe that they are straying out of the radar and of course treat where it’s important and necessary to treat policies and their implementation and if you see that they are not achieving the desired goals and because I know and understand this, and I feel that the only way to express this is to serve at a greater height, which is the geographical expression that we refer to as Bayelsa.

  Can you talk about your contributions to  develop your constituency?

I am  serving at my Federal constituency, I have rendered projects to my federal constituency as a member of House of Representatives. I have attracted empowerment to atleast 16 to 20 communities  in my constituency, I think that I have gone to the level that I have come to seek the same role at the center and that is why I have come and have been mandated to fly the flag of Peoples Democratic Party in the November 16, governorship election in the state.

 What is your plan to develop Byelsa?

One of my plans is to render services, to serve my people. I feel that Bayelsa should be empowered. First and most important is the empowerment of Bayelsans.
  Bayelsans don’t have financial
empowerment, if they don’t have skill empowerment, then of course
there is nothing you can bring to Bayelsans that will be worth more
than empowerment.

Ques. What is empowerment?

What is empowerment, it is to make sure that  Bayelsans have access to funds, how do they get access to funds, we have Bayelsans that have core competencies in business that as a governor, you must identify the
core competencies of Bayelsans and patronize them, you don’t only
patronize them, you ensure that the service they rendere is paid for
that is the only way to grow your people, as a contractor, business
men, the state patronises you, we should be able to pay you so that
you can make profit, revenue with which you move forward. Once you
empower Bayelsans very well, they will turn the state’s economy around, they will make the economy robust and they will move to compete at the national level and our government will not only empower them and leave them to go and compete at the national level, we will also assist
them where the governor needs to intervene where they are in a
competition and how they are going to have such ventures.  Bayelsa government will
follow up and ensure that we support them to have  ventures at the end of the day. Not only that, we want to grow Bayelsa, not only
to the national level but also to the international level because if we want to be a
national and world player, we must have financial muscle. No matter how competent you are, no matter how effective you are in delivery of
projects, if you don’t have the financial muscle, you will not be able to compete at the national and global level and so that is what our
target is that at the end of the day, Bayelsans, whatever, it will cost
them  to be in competition at the national level and globally, we would ensure that they have that basis to be able to compete wherever they find themselves in Nigeria and across the globe.

  What  do intend to do about encouraging   investors?

If we are talking about investors, the people that can invest  locally are the Bayelsans and if Bayelsans have access to funds that enable then   build factories, industries, it’s the business men that are going to enter into partnership with other business men to  come and grow industries, to come and build factories and so we want to empower Bayelsans in such a situation whereby Bayelsan business men can pull N2 – N5bn  together to say this is the factory we want  to built and they will use the financial muscle and strength they have to
attract partnership to build that factory, to build that industry.

  What does government need to do actualize this?

What Government needs to do is to create enabling environment, a conducive climate, build infrastructure, social amenities and security that will bring a driving economy base, that is what our Government is going to do. Anything about factory, industries and funding of public projects  that are industry oriented will be the responsibility
of businessmen to partner with other businessmen to bring them. Take for example, we are talking about Aggae Deep Sea Port, where the state government has done so much and has done a lot of works and are still looking for investors to come and invest, if we have Bayelsans who can
pull together 3 to 5 Billion Naira, am sure that we would have achieved
a lot or long mileage as it is today because government funds are not
sufficient to develop Bayelsa as it ought to be.  So, once Bayelsans
have good money, once they have financial muscle and financial
capabilities they can attract partners that can put-in so much
billions to bring such projects into fruition, you will see that
Bayelsan money will be domiciled in Bayelsa and they would be financially empowered to strength Bayelsa economy and to attract other investors to come and partner with our business men to invest in factories and industries and to grow Bayelsa, employment will come. Its by so doing we will have robust economy in Bayelsa,   and as a
government we will also attract revenue to boost our internally Generated Revenue.

 Do you have any  plan to establish a   refinery?

Yes, our government when we come onboard will  also bring to the table the issues of oil production. Bayelsa state has oil wells, we have the attala farm, the marginal oil field and what do we need, do we need to sell crude, which is between 40 to 60 dollars per barrel and failed like the way Nigeria fail in selling raw materials?  For me, the right way to go is to tell our partners with the Bayelsa oil company to build refinery. We don’t need to sell the raw crude, we need to refine. If people who don’t have access to crude oil want to built refinery, what about us that  already have access to crude oil. What we need is a refinery to process the crude and this will bring down the cost of this finished products.  Because in Nigeria, Bayelsa is paying more than any other state and other part of this country because Bayelsa has deep riverine areas and anything you are buying at deep riverine, you can never determine what the cost is, so for me, Bayelsa oil company will encourage our partners
to built refinery, process the crude to     what ever finished products that is going to  come out of the crude
oil.  If we have a refinery,
people will be employed, the petrol, diesel that we are going to
process in Bayelsa will reduce the cost of the finished products in
the state, it will create employment opportunities and of course the
government will also draw revenue from it. I am also saying that as a
chairman House Committee on oil and gas resources in the eight
Assembly in the House of representatives, I went into a number of discussions with the major players in the oil industry. You all
know that the Bonny NLNG is a success story and it’s one of the
highest finance contributors to the Federal Government   
and if the Bonny NLNG will bring two more NLNGs will certainly solve the financial  problems of the country,  whatever amount you want to fund your budget with three NLNGs in  Nigeria can solve that problem and they are desirous of getting it done. In the course of our discussion with SHELL, we have agreed that the bony NLNG should invest in Brass NLNG and shell has also volunteer to invest in that project and so, that dream is ongoing, as chairman of that resources in the House of
Representative, we have taken discussion largely to implementation level such that it’s only when some of us come on board, having realise it to this point,  as a governor I can drive it to completion. And what do you
expect, an NLNG in Brass will open up the brass axis, it will bring
employment opportunity for our teeming youths and will also promote businesses and then as a state we are going to drew revenue from it. That is the way to go.

What will your administration do about  the brass fertilizer company?

The Brass fertilizer company that has been on the dream line, I have discussions to the extent that the former Managing Director of NNPC has said what will need to do to make it come on stream and by that discussion their expectation is not much 
beyond Bayelsa state government’s power and having understood that
this is what they want to have Brass fertilizer company to come on
stream because it will also generate employment again, which will generate business, which will generate income, I think that, that is
the way to go because if don’t address the issue that will create
employment, issues that will,   bring about robust business environment, issues that will create more
revenue base for the government, then of course, we will still be
relying on feeding bottle democracy.  

  How do you mean?

We say we are  a federal government, but we are practicing unitary system of government, at the end of the month, we all go to Abuja to collect whatever they appropriate to us, we do don’t know what they are given to us, they just say this is what belongs to you and you pick it and come back, which is not enough to sponsor our budgets and as for some of us, the first and most important thing to do is to look inward and generate an economy that will be self serving and we talk about this because if investors are coming to Nigeria and they land in Lagos, the moments they talk to Lagos audience and they know that it is  a business that is going to succeed, Lagosians will tell you am buying it half  a billion naira, or one billion or two billion and of course
they don’t have any reason to come to Bayelsa when there is already
money, when there is local content that is going  to boost their
investment of course they have to talk to that audience and then move
away from there, that is the sentiment we are coming to government to solve. Bayelsans will have the capacity to put money on the table in negotiating and creating business partnership that will develop our state.

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Seven Months After, Reps Pass Harmonized Tax Reform Bills

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By Eze Okechukwu and Ubong Ukpong,Abuja

House of Representatives on Wednesday passed the tax reform bills transmitted to the National Assembly by President Bola Tinubu in October 2024.The bills were passed at a session presided over by the Deputy Speaker, Benjamin Kalu.

The development followed the adoption of the harmonised versions of the reform bills by both the House and the Senate.
At plenary on Wednesday, the House of Representatives considered the report of the conference committee, which harmonised the bills.
The Chairman of the House Committee on Finance, Abiodun Faleke (APC, Lagos), who headed the House team to the conference committee, presented the conference report to the House for consideration.
According to him, the Conference Committee met and agreed on all areas of difference in the version passed by both chambers of the National Assembly. He stated that there were 45 areas of difference in the Nigeria Tax Administration Bill, 12 areas of difference in the Nigeria Revenue Service Bill, 9 areas of difference in the Joint Revenue Board Bill and 46 areas of difference in the Nigeria Tax Bill, adding that all grey areas were resolved ahead of the passage. While the conference committee agreed to retain the Senate version in some of the clauses, they also retained the House version in some others, making amendments in a few others. The conference committee agreed to the imposition of a 4 per cent development levy on the assessable profit of all companies chargeable to tax under Chapters 2 and 3, except small companies and non-resident companies. They also agreed that the levy shall be collected by the Nigeria Revenue Service and paid into a special account created for the same purpose.

In the sharing formula, the committee agreed that 50 per cent of the tax would go to the Tertiary Education Trust Fund, 15 per cent to the Education Loan Fund (up from 3 per cent agreed by the House), and 8 per cent to the Nigeria Information Technology Development Fund.

Similarly, the National Agency for Science and Engineering Infrastructure is to get 8 per cent (down from 10 per cent earlier agreed by both chambers), the National Board for Technology Incubation is to get 4 per cent from the fund, defence and security infrastructure is to get 10 per cent while cyber security fund will get 5 per cent.

Meanwhile, the Social Security Fund, Nigeria Police Trust Fund, and National Sports Development Fund were excluded from the list of beneficiaries passed by the House of Representatives.

The committee also adopted a new clause 158, which imposes a 5 per cent surcharge on chargeable fossil fuel products provided or produced in Nigeria and shall be collected at the time a chargeable transaction occurs.

The controversial Value Added Tax sharing formula was not part of the areas of disagreement between the two legislative chambers.

In his remarks, Kalu said the parliament has played its part in ensuring that the country moves forward, even as he urged the executive arm of government to do its part.

In his contribution, a member of the House representing Gwoza/Damboa/Chibok Federal Constituency, Borno State, Ahmed Jaha warned those who will clean up the bill not to tamper with any of the clauses passed, saying “Where the T is not crossed, don’t cross it, where the I is not dotted, don’t do it. We have the original copies of the bills as passed before and after harmonisation.

“We have had cases in the past where those in charge of cleaning up the bills tamper with it and at the end of the day, the President will withhold assent. That must not happen.”

That said, the All Progressives Congress lawmaker singled out Speaker Tajudeen Abbas and Deputy Speaker, Benjamin Kalu for praise, saying, “I want to thank your leadership for the role you played in making these bills a success. I also want to thank the Chairman of the Committee, Abiodun Faleke. He showed that he is truly a good elder. He provided a lot of training for some of us, and I want to say that this is the way to go.”

In a related development, the Senate has approved the Rivers State 2025 budget for a second reading.

The budget, which totals ₦1,480,662,592,442 trillion, was presented by the Senate Leader, Senator Michael Opeyemi Bamidele, on Wednesday.

Bamidele explained that the Senate had assumed legislative powers over Rivers State following the declaration of a State of Emergency in the state.

Supporting the motion, Senator Solomon Adeola Olamilekan emphasised the urgency of passing the budget to ensure that the people of Rivers State feel the impact of governance.

He said, “Mr. President, I am not exactly sure under what title this document is categorised, but from what I can see, it pertains to a budget under the state of emergency. I hereby support its passage for second reading so that the people of Rivers can feel the presence of government.”

With no opposition to the motion, the Senate President, Godswill Akpabio, conducted a voice vote and referred the budget to the Ad-hoc Committee on Overseeing the Rivers State of Emergency for further legislative action.

Senate announced that the Sole Administrator of Rivers State, Vice Admiral Ibok-Ete Ekwe Ibas, along with other key state officials, would appear before a Joint National Assembly Ad-hoc Committee to defend the state’s 2025 budget. NASS holds commemorate 25 years of democracy, holds joint session,

Also,President of the Senate, Senator Godswill Akpabio, has announced that a joint session of the National Assembly will be held on June 12 to commemorate Democracy Day.

He made the announcement after the upper chamber reconvened for plenary on Wednesday.

Akpabio revealed that the Senate leader, Senator Opeyemi Bamidele, the Senate minority leader, Senator Abba Moro as well as the Chairman senate services, Senator Sunday Karimi will meet with their counterparts in the House of Representatives to finalize the programme of activities and coordinate arrangements for the special session.

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Dangote Beats MTN, DSTV, AZAM to Emerge as Most Admired African Brand

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By David Torough, Abuja

It was another historic milestone for pan-African investor Aliko Dangote and the Dangote Industries Limited over the weekend, as they garnered three prestigious accolades at the 15th annual Brand Africa 100 awards, held at the iconic Africa Hall in Addis Ababa, Ethiopia—the birthplace of the Organisation of African Unity (OAU), now the African Union (AU).

Dangote Industries Limited was named Most Admired African Brand, following an independent, consumer-led survey conducted across more than 30 African countries.
The company was also inducted into the Brand Africa Hall of Fame, becoming the first African firm to receive this distinction. The induction recognises Dangote’s transformative impact on African consumers and its influential role in shaping a positive narrative for the continent.
President/Chief Executive, Dangote Industries Limited, Aliko Dangote was honoured with a Lifetime Achievement Award in recognition of his leadership in driving impactful industrialisation, establishing a world-class African brand and reshaping the continent’s economic future through a benchmark, homegrown enterprise.Joining Dangote Industries in the inaugural Hall of Fame were MTN, M-Pesa, Ethiopian Airlines, and South Africa, for consistently ranking among Africa’s most admired brands over the past 5 to 15 years and for building sustainable, globally respected brands.Reacting to the awards, Group Chief Branding & Communications Officer, Dangote Industries Limited, Anthony Chiejina, said the honours reflect the unwavering commitment, excellence, and innovation that define the group’s journey. He added that they are a testament to the dedication of the company’s outstanding team, partners, and stakeholders, who continue to believe in the mission to drive sustainable development and economic growth across the continent.”We also extend our heartfelt appreciation for the Lifetime Achievement Award presented to our Founder and President, Aliko Dangote for building a purposeful world-class industrial brand that has exceptionally transformed African lives and the African narrative. This accolade celebrates not only his visionary leadership but also his tireless efforts in transforming industries, creating opportunities, and championing African enterprise on the global stage. His legacy is an inspiration to generations of entrepreneurs and leaders across Africa,” he said.Noting that the recognition would further inspire the company to push boundaries, empower communities, and deliver meaningful value across Africa and beyond, Chiejina reaffirmed Dangote Industries’ commitment to excellence, integrity, and transformative growth.In his keynote address, United Nations Under-Secretary-General and Executive Secretary of the Economic Commission for Africa, Mr Claver Gatete, praised Aliko Dangote, the Hall of Fame inductees, and the Brand Africa laureates for advancing the African agenda.He highlighted the alignment between Brand Africa and the ECA’s mission to promote inclusive industrialisation, regional integration, and private sector-led growth. He also called for increased investment in youth-led innovation, regional value chains and the establishment of a Pan-African Creative Innovation Fund to identify, finance and globalise Africa’s most promising brands.”I wish to particularly acknowledge MTN, Dangote Group, mPesa and Ethiopian Airlines for consistently maintaining their distinguished positions among the “Most Admired African Brands” category and continuing to set benchmarks in brand leadership, innovation and continental impact,” he said.

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Land Revocation: FCTA Seals PDP Secretariat, FIRS, Access Bank, Others

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By Johnson Eyiangho and Laide Akinboade Anima, Abuja

A team from the Federal Capital Territory Administration (FCTA) on Monday sealed the Peoples Democratic Party (PDP) national secretariat, Wuse Zone 5, Abuja.The sealing of the PDP secretariat came barely 24 hours to the much anticipated meeting of the party’s National Executive Committee (NEC) scheduled for Tuesday.

The national secretariat also serves as the venue to the PDP NEC meeting.
A joint taskforce comprising officials from the FCTA, Police, DSS, Army, NDLEA and NSCDC stormed the Secretariat at about 2.04pm and sealed the office shortly after a crucial meeting of the PDP National Working Committee (NWC).However, after a briefing meeting between the FCTA and PDP officials, all cars parked in the premises of the Secretariat were allowed to move out, while the PDP’s officials rushed to Bauchi State Governor’s Lodge for the Caucus meeting of the party.
The sealing of the Secretariat is widely perceived as a strategic escalation in Wike’s ongoing feud with leadership of the party, particularly those pushing for the removal of his lackey, Senator Samuel Nnaemeka Anyanwu, as National Secretary of the party.Meanwhile, the National Working Committee (NWC) of the PDP has vowed that the National Executive Committee (NEC) meeting slated for Tuesday May 27, 2025 will be held as scheduled.A party official who did not want to be named described the sealing of the Secretariat as a temporary setback, vowing that all party activities leading to NEC and beyond will continue.The National Caucus Meeting, Board of Trustees and Governors meetings are part of activities ahead of the NEC meeting.The FCT Minister had revoked over 4,700 properties due to long-standing non-payment of ground rent to the Federal Capital Territory Administration (FCTA).Also affected by the Monday exercise are Access Bank, the Federal Inland Revenue Service (FIRS), Ibro Hotel and Total Energy in Abuja.The enforcement, which began in the Wuse District, was led by FCT Minister’s Senior Special Assistant on Public Communications and Social Media, Lere Olayinka, Director of Land Administration, Chijioke Nwankwoeze and Director Department of Development Control, Mukhtar Galadima.Speaking during the sealing of Plot 534, Cadastral Zone A02, Wuse Zone 1, belonging to Total PLC, Galadima said, “Today is about walking the talk. We announced this earlier, and we are here to implement what we said to take possession of all revoked properties, starting with this plot.”He noted that the Total PLC property had accumulated over 10 years of unpaid ground rent, leading to its revocation in March 2025.Also sealed was the Access Bank branch located on Plot 2456, Wuse 1, Cadastral Zone A02. The property, however, belongs to Rana Taher Furniture Nigeria Limited and was revoked due to 34 years of unpaid ground rent.Galadima said the enforcement would proceed to other parts of the city, including the Central Area, after the Wuse district.Tinubu Intervenes, Gives 14-days GracePresident Bola Tinubu has intervened on the ongoing enforcement of possession of 4,794 properties revoked for non-payment of ground rent from 10 to 43 years and has given them 14 days ultimatum to pay up.This was revealed at a briefing by the Director of Land Administration, Chijioke Nwankwoeze, in Abuja.He said the defaulters have been given 14 days to pay up all outstanding and the penalty fees.The Director of Land noted that even though properties owned by government institutions, corporate organisations and individuals were affected, the Administration is committed to carrying out its functions without fear or favour.He said, “However, the President, His Excellency Bola Ahmed Tinubu, GCFR, has intervened. Therefore, by Mr. President’s intervention, holders of the affected properties now have 14 days (TWO WEEKS) to settle the outstanding Ground Rents, with associated penalties.”For properties in the Central Area, the sum of N5 million will be paid by the defaulters as penalty, in addition to the Ground Rent owed.”Those in Maitama, Asokoro, Wuse II, and Guzape Districts will pay the sum of N3 million as penalty, in addition to the Ground Rent owed.”Defaulters in Wuse I, Garki I and Garki II will pay N2 million as penalty in addition to the Ground Rent owed”.He added, “Also, all those who purchased properties from other people, but are yet to register their interests by obtaining the mandatory Minister’s Consent and registering their Deeds of Assignment now have 14 days (TWO WEEKS) to do so at the FCT Department of Land Administration.”Furthermore, the Minister of the Federal Capital Territory (FCT), Barrister Nyesom Ezenwo Wike, CON, has granted a 14 days (TWO WEEKS) grace period to all property holders in the FCT to pay up their Right of Occupancy (R-of-O)/Certificate of Occupancy (C-of-O) bills, or risk revocation of those titles”.The FCT Minister therefore urged property owners in the FCT to ensure that they pay all necessary bills and charges on their properties as at and when due, so as to enable the government to continue to carry out necessary developmental projects for the benefit of the people.

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