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NLNG Train 7 Job To Provide 15,000 Jobs …Wike Assures RSG’s Support For Project
The Rivers State Governor, Chief Nyesom Wike has declared that the state government would support the Train 7 project of the Nigerian Liquefied Natural Gas (NLNG) Limited because of its potential to create about 15,000 jobs and enhance the economy of the state.
Wike said that Rivers people were happy that the Train 7 of the NLNG would soon come on stream, because it is key to the growth of the state.
He spoke at the Government House, Port Harcourt, last Wednesday, during a courtesy visit by the management of the NLNG.
He said: “The Train 7 is very key to the development of Rivers State. We are glad that it will soon take off. I am happy with the quantum of jobs that the Train 7 will create in the state.
“However, these jobs should not be cleaners and unskilled workers. I want the NLNG to ensure that qualified Rivers people are employed when the Train 7 comes on stream”, Wike said.
The governor stated that the government and people of Rivers State will support the successful take off of the Train 7.
He commended the management of the NLNG for initiating the Community Health Insurance Scheme for Bonny Island, saying that the state government would partner with the company to achieve the objectives of the programme.
On the project initiated by the NLNG to supply cooking gas directly to Rivers State, instead of passing through Lagos, Wike assured that the state government would dredge the Iwofe waterways for that purpose.
“I will only support companies that mean well for the people of Rivers State. My business is to do good for our people, so that their lives can improve.
“Other companies should emulate what NLNG is doing in Rivers State. On behalf of the people of Rivers State, I commend the NLNG”, he said.
Wike also commended the NLNG for establishing their headquarters in Rivers State and also working to eradicate malaria.
Earlier, the Managing Director of NLNG, Tony Attah, had prayed that the second term of Wike would be more rewarding for the people of Rivers State, and thanked the governor for his contribution to the development of NLNG Limited.
He stated that the NLNG was set to kick-off the Train 7 of the company, where the company was expected to spend between $6billion and $7billion by way of investment.
“The employment side of the Train 7 is that it will create about 10,000 to 15,000 jobs for the people of the state. It will build the skills and capacity of the people.
“The final investment decision will be taken in October”.
Attah informed that the NLNG has worked out the modalities to ensure that cooking gas is delivered to Rivers State, instead of being routed through Lagos.
He appealed to the Rivers State governor to assist in realising the project by dredging the Iwofe waterway.
He commended Wike for promoting security in the state, which has created the right environment for investment.
“I must commend your efforts in keeping the state safe. We thank you for supporting and building security, which has given us the confidence to invest in the state. The Train 7 is a game changer”, he said.
He briefed the governor on the investments in community health insurance scheme, power supply to Bonny and the eradication of malaria in Bonny.
Chris Oluoh
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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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