Featured
Rivers APC In Shambles …As Abe, Amaechi’s Rift Tears Party Apart …Place Rivers First, Wike Tells Politicians
The crude display of power between the two factions of the All Progressives Congress (APC) in Rivers State, which necessitated the organisation of two separate events at two different locations in the state, last Saturday, has further deepened the protracted crisis in the party, thereby threatening to tear the party apart.
Some members of the party, who spoke with The Tide last Saturday, after the rally in Bori in Khana Local Government Area, said that the organisation of the thanksgiving service for elected APC members at Polo Club in GRA, Port Harcourt at the same time that the party’s rally in Bori was going on shows that the two factions were bent on destroying the party in the state.
They said that if the situation continues, they may pull out of the party, albeit, politics for good.
Those who spoke to The Tide also criticised the factionalisation of the party, and described it as an unnecessary display of power and arrogance.
In his opinion, Patrick Amara said the display of power between former state governor and Transportation Minister, Chibuike Amaechi and Senator Magnus Abe had dealt a terrible blow on the APC in Rivers State.
According to him, “What is more worrisome is that some politicians instead of trying to douse tension, they have taken sides, and derive joy in mocking the party and those at the helm of affairs.
Amara said he wondered how fractured and factionalised APC in Rivers State can put the wobbling party together to enable it contest and win any election in Rivers State against a formidable and united Peoples Democratic Party team.
‘’How can a bruised and factionalised APC put disillusioned and disenchanted members together for the 2019 elections in Rivers State?’’, he said.
But in reaction to comments accusing the senator representing South-East Senatorial District, Magnus Abe of fixing his thanksgiving service on the day the APC had scheduled a rally in Bori, the lawmaker said he consulted all party stakeholders, including the failed gubernatorial candidate for the 2015 elections, Dr Dakuku Peterside, before fixing the event.
Abe expressed shock that he was accused of deliberately fixing his victory thanksgiving on a day already fixed for a ‘Free Rivers’ rally in Bori.
According to him, “I spoke with my brother, Dr. Dakuku Peterside, he promised to attend.
“I did not just invite my brother, Peterside, I spoke with him and discussed my victory thanksgiving service. He told me that he had a NIMASA event in Lagos on the 10th of February but he would do all he could to work around the event and honour our invitation”, Abe said.
“He never mentioned a ‘Free Rivers’ event fixed for the 10th of February because there was none planned at the time we spoke,” the senator added.
Abe said “The ‘Free Rivers’ event in Bori was hastily fixed for the 10th of February merely to showcase the power of a man and to show to the world that Ogoni people were not with me.
“Whether that succeeded or not is another story. The dilemma my friend, Peterside, is in merely goes to show that no one is free in ‘Free Rivers’. If Peterside was one of the organisers of the Bori event, then it was clearly done in bad faith because he had prior knowledge of my victory thanksgiving service in Port Harcourt”, Abe added.
Meanwhile, the Rivers State Governor, Chief Nyesom Wike has called on Rivers politicians and political office holders to always place the state first in all their dealings.
Speaking during the thanksgiving service in honour of elected All Progressives Congress (APC) members in the National Assmbly and the state House of Assembly in Port Harcourt, last Saturday, Wike, said all political office holders should ensure the rapid development of the state.
He said this is the time to cooperate as leaders of Rivers State and build the state for the benefit of her people.
The governor said: “The state should be the first to be considered at all times. The interest of the state is paramount.
“When we come together, all we should preach is how Rivers State should be the number one state in the country.”
According to the governor, when the time for election comes, politicians can jostle for positions.
He explained that the APC members emerged victorious because God ordained their victories.
In his address, Senate President, Dr Bukola Saraki urged the APC in Rivers State to reconcile, pointing out that they would have challenges if their internal conflict persists.
He said that the party ought to have one programme last Saturday, but complained that the two programmes at different locations revealed that something was wrong.
Saraki said: “Without peace and reconciliation, victory will not be easy. There should be only one APC in Rivers State. What is happening is wrong. Let us have unity and let us work together”.
Also speaking, the senator representing Rivers South-East, Magnus Abe said as Rivers people, there shared a common destiny and heritage.
He said that the people reserve the right to determine who their leaders would be, stressing that the state must come first.
Abe said: “Now is the time to put the interest of the state ahead of anything else. We must work together, so that the people can benefit from the politics we play”.
Chris Oluoh
Featured
Tinubu Hails NGX N100trn Milestones, Urges Nigerians To Invest Locally
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.
Featured
RSG Kicks Off Armed Forces Remembrance Day ‘Morrow …Restates Commitment Towards Veterans’ Welfare
The Rivers State Government has reiterated its commitment towards the welfare of veterans, serving officers and widows of fallen officers in the State.
?
?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.
?
?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.
?
?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.
?
?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.
?
Featured
Fubara Redeploys Green As Commissioner For Justice
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.
-
Politics4 days agoEFCC Alleges Blackmail Plot By Opposition Politicians
-
Business4 days ago
AFAN Unveils Plans To Boost Food Production In 2026
-
Sports4 days agoJ And T Dynasty Set To Move Players To Europe
-
Business4 days ago
Industrialism, Agriculture To End Food Imports, ex-AfDB Adviser Tells FG
-
Politics4 days ago
Datti Baba-Ahmed Reaffirms Loyalty To LP, Forecloses Joining ADC
-
Politics4 days ago
Bayelsa APC Endorses Tinubu For Second Term
-
Business4 days ago
Cashew Industry Can Generate $10bn Annually- Association
-
Entertainment4 days agoAdekunle Gold, Simi Welcome Twin Babies
