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Urban Dev: Oyo Govt Hails Wike’s Giant Strides …As More Rivers Communities Back Gov’s 2nd Term Bid
The Special Adviser to the Oyo State Governor and Director General of Oyo State Bureau of Physical Planning, Waheed Badamosi has lauded Rivers State Governor, Chief Nyesom Wike for his outstanding projects delivery and urban renewal programmes that have transformed Port Harcourt City.
Speaking after a study tour of the master-plan implementation process in Rivers State, last Wednesday, Badamosi said that the likes of Wike were needed across the country to speed up national development.
He said: “The man is a workaholic as I have seen today. What I have seen today and yesterday speak volumes that the Rivers State governor has performed beautifully well.
“I wish him well and I think this is the kind of people we should have all over Nigeria, so that our country can grow to greater heights”.
He stated that they were in Rivers State to understudy the urban development techniques applied by the Rivers State Government for the purpose of applying same in Oyo State for the good of their people.
He noted that they were in Rivers State as a learning process, especially to gain from the experience of Rivers State in the implementation of different master-plans.
“We are not interested in what political party rules a particular state. What we are interested is, are you doing it right? We want to see how you are doing it right, hence we have come to Rivers State”, he said.
In his remarks, Rivers State Commissioner for Urban Development and Physical Planning, Dr Reason Onya said physical planning, which started in 1913 in Port Harcourt, has reached its peak under the transformational leadership of Wike.
He noted that the insightful leadership of the governor attracted the Oyo State Government, which has resolved to emulate the Rivers State Urban Development Template.
“The Oyo State Government felt that they should come here to take a template of what we are doing and take it back to their state as regards the master-plan they are developing.
“They deemed it appropriate to see how the Government of Governor Wike is carrying out the physical planning of Port Harcourt”, he said.
Onya expressed happiness that state governments from different political platforms were developing a synergy for national growth.
“Oyo State is an APC State and Rivers State is a PDP state, but the two states are synergizing to enhance development. We are working out a situation where other states will emulate what Rivers State and Oyo states are doing”, he said.
Meanwhile, the people of Etche Local Government Area of Rivers State have resolved to re-elect Rivers State Governor, Chief Nyesom Wike on the strength of his outstanding execution of projects in the area.
Similarly, Eleme people have assured the governor that they would deploy the relevant resources to ensure his re-election in 2019.
Speaking after a project assessment tour, the Chairman of Etche Local Government Area, Mr Obinna Anyanwu has lived up to his promises to the Etche people, hence the decision to support his re-election.
He said: “The governor is a giver. Governor Wike has given so much to the good people of Etche and what we owe him is to vote him again in 2019.
“Come 2019, the good people of Etche LGA will deliver 100 per cent to Governor Wike. We want to say thank you for the hospital at Okehi. Our thank you will not be complete with our votes to the governor in 2019”.
The Etche Local Government Area chairman noted that the only way the people of the area can enjoy more projects is when Wike is re-elected.
Akubueze One, Charity Nwala and Justina Nwalozie, who are indigenes of Etche Local Government Area, also declared their support for the re-election of Wike, citing the execution of numerous projects in the area as the reason for their decision.
The Eleme Local Government Area Chairman, Barrister Philip Okparaji announced that Eleme people are solidly behind a second term for the governor.
He said that the Eleme-Oyigbo road nearing completion has improved the economic wellbeing of the people of the area.
He said: “The Eleme people are solidly behind the governor. There is no doubt that the governor has performed to the satisfaction of Eleme people and all of us are in support of a second term for him.
“Governor Wike has brought development to the people of Rivers State. There is no alternative to Governor Wike”.
Also speaking on the Eleme-Oyigbo road, Eze Onyeaba said before the intervention of Governor Wike, the road was a security nightmare.
He said following the reconstruction of the road, the security challenge on the road has been resolved and the economy of the area back on track.
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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.
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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.
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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
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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