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Gunmen Kill Soldier At NLNG Facility

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Unidentified gunmen, last Monday, shot and killed a soldier at one of the Nigeria Liquefied Natural Gas (NLNG) facilities in Ubeta community in Ahoada West Local Government Area, Rivers State.
The soldier, whose name was not clear as the time of filing the report, was said to be on his duty post when the gunmen struck.
A security guard at the NLNG road junction, who pleaded anonymity said, there were three military men on duty, including the Army who was gunned-down that fateful night.
The source said as the Bayelsa State-born soldier heard sound of two motor cycles plying the road, he came out, flashed his torch light to flag down the speeding motorcycles.
“On arriving the point, the hoodlums immediately shot the soldier on the chest. He  fell to the ground with a thud, and they quickly zoomed off,” our source said.
Our impeccable source added that two of the Army personnel were inside the security post when their colleague was shot dead.
The Tide learnt that before the Army personnel could rush to the scene, the hoodlums, who did not waste any single minute, had disappeared into thin air.
However, the Paramount Ruler of Ubeta Community, Chief Chimezie Nathaniel said, “a week ago, a   man from Owube community was killed in his farm; two weeks ago, a soldier was also killed in Oboburu community in Ogba/Egbema/Ndoni Local Government Area. Again, the day before yesterday, another soldier was killed at NLNG facility at Ubeta where over 12 soldiers were supposed to guard.”
Nathaniel described the manner in which the soldier was killed in Ubeta as unfortunate, and alleged that it was the same gang of hoodlums who killed their victims in Oboburu, Owube and Ubeta.
Explaining that Ubeta, Owube and Oboburu communities were not safe, he appealed to the Rivers State Government to mobilise Army contingent to the area, arguing that Ubeta plays host to facilities of other multinationals such as Agip and Total E & P.
On the repentant cultists in Ubeta community, he said, the boys were conducting themselves in a peaceful manner since they embraced the Rivers State Government’s amnesty offer, assuring that peace has finally returned to the community.
A community source told The Tide that when the news filtered in that a soldier had been killed, the people were seen in groups discussing the tragedy and calling on the government to intervene to check the spate of criminality and cult-related violence in the area.
Further investigation revealed that some residents of the community have fled their homes for fear of reprisal attacks as several pick-up vans carrying military men had invaded the community.
However, The Tide learnt that no arrest has been made so far.
Meanwhile, the community’s youth leader, Comrade Abali Innocent has condoled with the leader of the military team at the NLNG facility in Ubeta.
In the message, Innocent sympathised with the leadership of 6 Division of the Nigerian Army, family, relatives and friends of the deceased, and prayed God to grant his soul eternal rest.
He further appealed to misguided youth still wielding illegal weapons in the area despite the state government’s amnesty offer to surrender their arms for peace to reign or face the full weight of the law.

Agimo Emenike Benson, Ahoada

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Tinubu Hails NGX N100trn Milestones, Urges Nigerians To Invest Locally

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President Bola Tinubu yesterday celebrated the Nigerian Exchange Group’s breakthrough into the N100tn market capitalisation threshold, saying Nigeria has moved from an ignored frontier market to a compelling investment destination.

Tinubu, in a statement signed by his Special Adviser on Information and Strategy, Bayo Onanuga, urged Nigerians to increase their investments in the domestic economy, expressing confidence that 2026 would deliver stronger returns as ongoing reforms take firmer root.

He noted that the NGX closed 2025 with a 51.19 per cent return, outperforming global indices such as the S&P 500 and FTSE 100, as well as several BRICS+ emerging markets, after recording 37.65 per cent in 2024.

“With the Nigerian Exchange crossing the historic N100tn market capitalisation mark, the country is witnessing the birth of a new economic reality and rejuvenation,” Tinubu said.

He attributed the stellar performance to Nigerian companies proving they can deliver strong investment returns across all sectors, from blue-chip industrials localising supply chains to banks demonstrating technological innovation.

The President added, “Year-to-date returns have significantly outpaced the S&P 500, the FTSE 100, and even many of our emerging-market peers in the BRICS+ group. Nigeria is no longer a frontier market to be ignored—it is now a compelling destination where value is being discovered.”

Tinubu disclosed that more indigenous energy firms, technology companies, telecoms operators and infrastructure firms are preparing to list on the exchange, a move he said would deepen market capitalisation and broaden economic participation.

He also cited what he described as a sustained decline in inflation over eight months—from 34.8 per cent in December 2024 to 14.45 per cent in November 2025—projecting that the rate would fall below 10 per cent before the end of 2026.

“Indeed, inflation is likely to fall below 10 per cent before the end of this year, leading to improved living standards and accelerated GDP growth. The year 2026 promises to be an epochal year for delivering prosperity to all Nigerians,” he said.

The President attributed the trend to monetary tightening, elimination of Ways and Means financing, and agricultural investments, which he said helped stabilise the naira and ease post-reform pressures.

Nigeria’s current account surplus reached $16bn in 2024, with the Central Bank projecting $18.81bn in 2026, reflecting a trade pattern shift toward exporting more and importing less locally-producible goods.

Non-oil exports jumped 48 per cent to N9.2tn by the third quarter of 2025, with African exports nearly doubling to N4.9tn. Manufacturing exports grew 67 per cent year-on-year in the second quarter.

Foreign reserves have crossed $45bn and are expected to breach $50 billion in the first quarter, giving the CBN ammunition to maintain currency stability and end the volatility that previously fuelled speculation, according to the President.

Tinubu also highlighted infrastructure expansion in rail networks, arterial roads, port revitalisation, and the Lagos-Calabar and Sokoto-Badagry superhighways, alongside improvements in healthcare facilities that are reducing medical tourism costs, and increased university research grants funded through the Nigeria Education Loan Fund.

“Our medicare facilities are improving, and medical tourism costs are declining. Our students benefit from the Nigeria Education Loan Fund, and universities are receiving increased research grants,” he said.

He described nation-building as a process requiring hard work, sacrifices, and citizen focus, pledging to continue working to build an egalitarian, transparent, and high-growth economy catalysed by historic tax and fiscal reforms that came into full implementation from January 1.

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RSG Kicks Off Armed Forces Remembrance Day ‘Morrow  …Restates Commitment Towards Veterans’ Welfare

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The Rivers State Government has reiterated its commitment towards the welfare of veterans, serving officers and widows of fallen officers in the State.

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?The Secretary to the Rivers State Government, Dr. Benibo Anabraba, in a statement by ?Head, Information and Public Relations Unit, SSG’s ?Office, ?Juliana Masi, stated this during the Central Planning meeting of the 2026 Armed Forces Remembrance Day in Port Harcourt, yesterday.

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?Anabraba thanked the Committee for their contributions to the success of the Emblem Appeal Fund Ceremony recently held in the State and called on them to double their efforts so that the State can record resounding success in the remaining activities.

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?According to him, the remembrance day events will begin with Jumaàt Prayers on Friday, 9th January at the Rivers State Central Mosque, Port Harcourt Township, while a Humanitarian Outreach/Family and Community Day will be hosted on Saturday, 10th January, by the wife of the governor, Lady Valerie Siminalayi Fubara, for widows and veterans.

?”On Sunday, 11th January, an Interdenominational Church Thanksgiving Service will hold at St. Cyprian Anglican Church, Port Harcourt Township while the Grand-finale Wreath- Laying Ceremony will hold on Thursday, 15th January at the Isaac Boro Park Cenotaph,  Port Harcourt”, he said.

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?The SSG noted that one of the highlights of the events is the laying of wreaths by Governor Siminalayi Fubara and Heads of the Security Agencies.

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Fubara Redeploys Green As Commissioner For Justice

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The Governor of Rivers State, Sir Siminalayi Fubara, has approved a minor cabinet reshuffle in the State Executive Council.

Under the new disposition, Barrister Christopher Green, who until now served as Commissioner for Sports, has been redeployed to the Ministry of Justice as the Honourable Attorney General and Commissioner for Justice.

This is contained in an official statement signed by Dr. Honour Sirawoo, Permanent Secretary, Ministry of Information and Communications.

According to the statement, Barrister Green will also continue to coordinate the activities of the Ministry of Sports pending the appointment of a substantive Commissioner to oversee the ministry.

The redeployment, which takes immediate effect, was approved at the last State Executive Council meeting for the year 2025, underscoring the Governor’s commitment to strengthening governance, ensuring continuity in service delivery, and optimising the performance of key ministries within the state.

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