FCT Minister Nyesom Wike Urges Rotimi Amaechi to Account for $308m From Sale of Rivers Power Assets
Nyesom Wike, minister of the Federal Capital Territory, has publicly challenged former Rivers governor Rotimi Amaechi to explain proceeds of $308 million said to have been realised from sales of the state’s gas turbines.

Nyesom Wike, the minister overseeing Nigeria’s Federal Capital Territory, has called on former Rivers State governor Rotimi Amaechi to provide an account of $308 million he said came from the sale of Rivers State gas turbines or power plants.
Wike raised the demand in public remarks at a meeting in Abuja attended by leaders and elders connected to the Ogbakor community, according to two Nigerian news reports. He said Amaechi should explain how the proceeds were handled and urged broader scrutiny of the transaction.
Details, source attribution
All three reports agree on the central claim: Wike pressed Amaechi to account for $308 million tied to the sale of Rivers State power assets. Two reports—Leadership and Vanguard—note Wike made the comments at a local meeting that brought together community leaders and stakeholders. Leadership additionally reports that Wike challenged national television stations to invite Amaechi for an interview to address the issue directly; that detail appears only in Leadership’s account and is attributed here to that outlet.
Political context and reactions
The three outlets identify Wike as the current minister of the Federal Capital Territory and Amaechi as a former governor of Rivers State and a former federal minister. BusinessDay’s report also links Wike’s remarks to broader political activity in Rivers State, noting (according to BusinessDay) Wike urged support for President Bola Tinubu’s reelection in 2027—this political appeal is reported by BusinessDay and is thus attributed to that publication.
None of the sources include a response from Rotimi Amaechi, and no independent accounting or documentation of the $308 million figure is provided in the reports. The sources do not report any formal legal action tied to Wike’s allegations.
Why it matters
Allegations about the handling of large public assets and significant sums can have legal and political implications. Public demands for accounting may increase pressure for official audits, inquiries, or dialogue between the parties involved. The call for media engagement—reported by Leadership—suggests Wike is seeking a public forum for Amaechi to respond.
What’s next
At present, the reports do not indicate whether Amaechi has replied or whether any official investigation has been opened. Further coverage would be expected if Amaechi issues a statement, if broadcasters accept the invitation reported by Leadership, or if authorities take steps to examine the transaction records.
Key facts agreed by multiple reports are summarized below.
Sources
This story was written from reports by these outlets. Read the originals:



