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Wike Commissions Ogbum-Nu-Abali Fruit Garden Market …Lifts Suspension On Employment Process At RSU
The Rivers State Governor, Chief Nyesom Wike has commissioned the ultra-modern Ogbum-Nu-Abali Fruit Garden Market, which was razed down by fire last year.
Commissioning the project, yesterday, Wike announced that the state government would allocate shops to traders who owned shops in the market before it got burnt.
The governor said: “Let me assure all of you, that those who are traders here will get back their shops. We already have the names of these traders.
“We shall also allocate shops to the host community of Ogbum-nu-Abali. Thereafter, we shall ballot, if there are shops remaining”.
Wike announced that henceforth, the market would be known and called “Ogbum-nu-Abali Fruit Garden Market to reflect the host community.
“We must begin to reflect the names of the communities where projects are allocated. This is important”, he said.
The governor warned the traders against selling on the road. He said there are shops and spaces to accommodate all traders within the market.
He urged the traders to always pay their taxes because such taxes would be used to develop more projects for other residents of the state, and recalled that the market was razed down during the campaign period.
According to him, several political groups made promises, but only the Rivers State Government was able to redeem its pledge.
Wike stated that fire-fighting equipment would be installed in the market to forestall future occurrence of fire outbreak.
In a project description, Permanent Secretary, Bureau of Special Projects, Mr Sunday Okere said the new Ogbun-nu-Abali Market has four buildings (one storey each) and eight buildings (bungalow), designed to promote commercial activities.
Other facilities in the market include, 232 open stalls, 72 lock up shops, toilet blocks, car park, drainage, internal roads, a warehouse, generator, transformer, perimeter fence and a security house.
In his remarks, Mayor of Port Harcourt City Local Government Area, Hon Victor Ihunwo said the Rivers State governor lived up to his promise to the traders, explaining that the market was the best of its kind.
“The traders are celebrating the market, and Wike, who has kept his promise”, he added.
Earlier, the Chairman of the Ogbum-nu-Abali Fruit Garden Market Traders Association, Chigozie Nnolim, expressed gratitude to the Rivers State governor for delivering the market to them.
The occasion witnessed traditional dances and wrestling exhibition matches by women and host communities.
Meanwhile, the Rivers State Governor, Chief Nyesom Wike, has directed the Governing Council of the Rivers State University (RSU) to continue with the suspended employment exercise for academic and non academic staff.
Commissioning the Rivers State University Students’ Union Government (SUG) building, last Monday, at the school premises, Wike said that he was compelled to suspend the exercise because of the negative issues that bedevilled it.
The governor said: “I suspended the process for the employment exercise due to the issues that emanated from it. The committee that I set up to investigate the process has turned in its report.
“I am satisfied with the report of the committee. Therefore, I have informed the pro-chancellor to go ahead with the employment exercise”.
Wike said unlike other leaders, he has never interfered with admission and employment processes of any institution in the state.
He said his transparent approach to administration gives him the moral power to discipline erring officials.
The governor approved the construction of an ultra-modern Senate building for the Rivers State University.
He said that if the pro-chancellor and acting vice chancellor make the design available on time, the building would be completed by the first anniversary of his second term.
He called on the students’ union leadership to use the new facility to fight cultism, harassment of female students and examination malpractices.
Wike urged the acting vice chancellor to be firm and ensure that the university continues to move forward.
In his remarks, the Pro-Chancellor of the Rivers State University, Justice Iche Ndu said the completion of the Students Union Government (SUG) building was the sixth major project completed by Wike in the institution.
He assured the Rivers State governor that the Governing Council and Management of the institution would work towards making the state university, a world-class institution.
The pro-chancellor appealed to students to use the new building to fight vices, adding that the university should be a centre of learning.
In her address, the Acting Vice Chancellor of the university, Prof Opuenebo Binya Owei, described the delivery of the building as a milestone in the annals of student unionism.
She said: “This is a milestone in the annals of student unionism. It gives the students a sense of belonging as major stakeholders”.
Also speaking, the Permanent Secretary of Bureau of Special Projects, Mr Sunday Okere said the magnificent building was constructed and equipped by the governor.
President of the Students’ Union Government of the Rivers State University, Comrade Precious Pepple said that Rivers people re-elected the governor because they want him to execute more projects for them.
Highpoint of the occasion was the presentation of an Appreciation Award to the Rivers State governor by President National Union of Rivers State Students (NURSS), Comrade Patrick Ogbuehi.
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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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