News
Rivers APC Issues 48-Hour Ultimatum for Governor Fubara to Resign or Face Impeachment
The All Progressives Congress (APC) in Rivers State has issued a stern 48-hour ultimatum to Governor Sir Siminalayi Fubara, demanding his immediate resignation or facing impeachment proceedings by the State House of Assembly. The ultimatum was delivered by Chief Tony Okocha, the Rivers APC Chairman, during a press briefing at his residence in Port Harcourt on Monday, March 10, 2025.
Okocha accused Governor Fubara of disrespecting President Bola Tinubu, following the president’s attempt to mediate the ongoing political crisis in the state. “As a party, we have given the governor two choices: resign honorably or be impeached. This is the stance of the All Progressives Congress. He has insulted Mr. President, and we cannot tolerate that,” Okocha stated.
The APC Chairman further claimed that the Supreme Court had provided evidence supporting their position against the governor. Okocha argued that the House of Assembly should not need to conduct further investigations, as the alleged offenses are clear. “The Supreme Court has supported us with additional evidence. There is no need for the House of Assembly to set up a committee to probe him further,” he said.
Okocha emphasized that the 48-hour window was more than sufficient for Governor Fubara to step down, warning that failure to comply would result in immediate impeachment proceedings. “48 hours is more than enough time. He should resign without further delay,” Okocha concluded.
The political tension in Rivers State has been escalating, with the APC and Governor Fubara at odds over various issues. The ultimatum marks a significant escalation in the crisis, raising concerns about the stability of the state’s governance.
Details of the impeachment process and further developments are expected to emerge in the coming days.
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**In Other News: First Bank Launches Dollar Fund for Female Employees**
*Lagos, Nigeria – March 10, 2025*
First Bank of Nigeria has unveiled a dollar-denominated money market fund exclusively for its female employees, as part of its International Women’s Day celebrations. The fund, launched under the FirstBank Women Network, allows women to invest with as little as $100 at attractive interest rates.
The bank’s Chief Executive Officer, Olusegun Alebiosu, announced the initiative during an event in Lagos, highlighting its goal of empowering women to build steady income streams and diversify their earnings. The fund also enables investors to convert naira to dollars, providing a hedge against currency fluctuations.
The launch of the dollar fund aligns with First Bank’s commitment to gender equality and economic empowerment. The bank also recently unveiled its new 43-storey headquarters at Eko Atlantic City, designed as a sustainable, world-class structure.
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