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Rivers State’s fiscal crisis: A call to action

Nigeria’s fragile democracy faces yet another test as Rivers State teeters on the brink of fiscal collapse.
A recent court order withholding allocations to the state government has exposed the rot at the heart of our governance system.
This crisis is symptomatic of a broader malaise afflicting our nation – corruption, cronyism, and mismanagement have become entrenched, leaving our people to suffer.
The judiciary’s involvement has further complicated the situation, with many viewing it as a political weapon.
The people of Rivers State are caught in the crossfire, suffering from the “jackboots and swords” of political gladiators.
Governor Siminalayi Fubara’s budget implementation, deemed unlawful by the court, is merely one manifestation of this deeper problem.
Years of reckless spending, lack of transparency, and accountability have brought Rivers State to its knees.
The state’s vast oil wealth has been squandered, leaving its infrastructure in shambles and its people impoverished.
The crisis has been exacerbated by the power struggle between Fubara and his predecessor, Nyesom Wike, with each side trying to outmaneuver the other.
The Association of Local Government of Nigeria (ALGON) Rivers State, comprising 23 local council chairmen, has issued a solidarity statement calling for impeachment.
The state’s cabinet has been rocked by resignations and reassignments, with Fubara’s loyalists facing off against Wike’s backers.
The judiciary’s role in this crisis will be crucial, as the Chief Judge’s loyalty is being questioned.
To address this crisis, urgent reforms are necessary. Transparency and accountability in governance must be ensured.
Decentralization of power to empower local communities is crucial. The swift prosecution of corrupt officials will help restore trust in the system.
The National Assembly must intervene swiftly to address the crisis. Civil society must mobilize and demand change.
The people of Rivers State deserve better. They deserve leaders who prioritize their welfare, not personal interests and power struggles.
Nigeria’s future hangs in the balance. We must break this vicious cycle of corruption and mismanagement. The time for change is now.
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