Featured
We’ll Continue To Invest In Infrastructure, RSG Affirms …Says Rivers, Home To Finest Schools In Nigeria
The Rivers State Governor, Chief Nyesom Wike has stated that the state government would continue to invest in the development of infrastructure to grow the state’s economy and create employment for the people.
Wike also said that the state government would sustain the creation of enabling environment to attract more investments to the state.
He spoke, yesterday in Port Harcourt during the Maiden NLNG DLPG Delivery to Stockgap Terminal.
The governor said: “We will continue to develop infrastructure in the state to grow the state’s economy and attract more investors to the state.
“Rivers State is the best place for investors to come. There is always return on investment in the state.”
Wike commended the chairman of Stockgap for investing in the state, and expressed happiness for the major investment that would positively improve the state.
“I am happy with this investment. We will reconstruct the road leading to this facility as an encouragement to the investor.
“This facility will create employment and develop the economy of the area. We need to support investors for the good of the society”, he said.
He praised the Nigerian engineers who constructed the facility, stressing that the time has come for Nigerian engineers to be given the opportunity to showcase their skills for the development of the country.
While thanking the NLNG for their role in the development of the state, he wondered why the Federal Government was yet to pay its counterpart fund for the construction of Bonny-Bodo Road.
On the dredging of the Bonny River Channel, Wike berated the Nigerian Ports Authority (NPA) for refusing to invest in Rivers State.
“NPA is willing to collect levies and charges in Rivers State, but they refuse to dredge river channels in the state and make the right investments.
“We have NPA Port in Port Harcourt and Onne Port. They killed them, yet they are building a new port in Lagos “, he said.
In a remark, the Managing Director of NLNG, Mr Tony Attah, described the event as memorable as it would promote access to LPG to people of Rivers State and the Niger Delta.
He said: “Before LPG is produced in Bonny, shipped to Apapa and transported to Port Harcourt via trucks. That is why we say today is a memorable day.”
He said that with the transportation of LPG from Bonny to Port Harcourt, the state would benefit in the areas of foreign exchange and positive impact on the lives of the people.
Attah noted that the NLNG remains committed to providing cleaner sources of LPG to the people, in order to improve their health.
He said that the NLNG was proud to be associated with the Rivers State Government for the development of the state and the Niger Delta.
The Chairman of Stockgap Group, Obiamarije Stanley said that Rivers State was a viable destination for investment.
He said that the facility would promote employment and the use of LPG by families, and thanked the Rivers State Government for creating the enabling environment for businesses to thrive.
Meanwhile, the Rivers State Government says it has spent the last four and half years to focus on the gradual transformation of the state’s education system to a world class status.
The State Chief Executive, Chief Nyesom Wike stated this while receiving the Award of Honorary Fellowship of the Nigerian Academy of Education (NAE) at the 34th Annual Congress of the academy at the University of Port Harcourt, yesterday.
Represented by his Deputy, Dr. Ipalibo Harry Banigo, the governor said the state was gradually becoming home to some of the finest public primary and secondary schools in the country, which he attributed to his administration’s enormous investments in education.
“With the best of education infrastructure, conducive learning environment and dedicated teachers the outlook is getting brighter for public schools in Rivers State”, Wike stressed.
According to the governor, quality education remains the most fundamental key to success for any individual or a country.
“All the developed countries and advanced economies of the world are where they are because of the quality of their education, which they have effectively displayed to tackle their challenges”, he further stressed.
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
