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Wike Unveils N2bn Fund For Farmers, Fishermen … Inaugurates C’ttee To Distribute Foodstuffs To Rivers People
In a move to ensure that Rivers people don’t suffer during this trying period, the Rivers State Government has set aside N2billion for the launch of the State Farmer/Fisherman Empowerment Programme to purchase and distribute foodstuffs to Rivers people.
In a press conference, yesterday, the Rivers State Governor, Chief Nyesom Wike, said that the committee would purchase all agricultural products produced in the state for distribution to the less privileged.
Wike said: “We are going a step further to ensure that no one complains of hunger in our state during this trying period.
“The state government has therefore set aside the sum of N2billion to buy off all agricultural products produced in the state from farmers and fishermen.
“Our goal is to ensure that no agricultural product like yam, garri, plantain, palm oil and fish leaves our state during this period.
“While the farmers and fishermen will make their profits, the less privileged will have enough food supply for their families.”
Wike said that the committee set up by his administration is to ensure effective implementation of the new policy.
He said: “To ensure that the appropriate logistics for effective implementation of this policy is carried out to the letter, government will set up a 33-man committee.
Members of the committee include, Secretary to the State Government, Dr. Tammy Danagogo, as chairman; Commissioner for Agriculture, Dr. Fred Kpakol, as secretary; while members are Commissioner for Information and Communications, Pastor Paulinus Nsirim; Mrs Victoria Allison; Mrs Tina Woluchor; Mrs Meg Onumbu; Mrs Gloria Akor; Mr Erastus Awortu; Mrs Christiana Lawrence Amadioha; Mrs Kate Mbanah and chairmen of the 23 local government areas.
“This committee will be inaugurated tomorrow, Tuesday, April 7, 2020 at 12 noon at Government House, Port Harcourt.”
He said that the state government will always take measures to protect Rivers people.
“As a responsive government, we did not wait to record any index case before we set out proactive measures that helped us to contain the virus in our state.
“The diligence exhibited by our health professionals and security agencies have made us to record one index case.
“Our strategies of shutting down markets and our borders have, no doubt, brought hardship to our citizens,” he said.
While lamenting the politicisation of the fight against Coronavirus by the Federal Government, Wike said that all states of the federation deserve grants from the Federal Government.
He said the release of grants to states should not be tied to the number of confirmed cases, since states like Rivers are working to prevent the spread of the disease.
Wike said that funds for the state government’s intervention in COVID-19 are captured in the 2020 budget under contingency funds.
Earlier, the Rivers State Governor, Chief Nyesom Wike, had charged the Committee on Palliatives to cushion the hardship caused by strategies to contain the spread of Coronavirus in the state to ensure that the foodstuffs from the state government get to less privileged persons.
Inaugurating the committee, yesterday, at the Government House, Port Harcourt, Wike said that the committee must not consider party affiliations.
Wike said: “The distribution of these foodstuffs has nothing to do with party membership. It should get to all less privileged people.
“That is why we have clerics, security personnel and other people in the committee. There should be no application of sentiment in the sharing.”
The governor said that the committee will reach out to the 23 local government areas of the state, adding that all local government areas must exercise patience till it gets to them.
“We will reach out to the 23 local government areas of the state. No local government area will be exempted.
“But Port Harcourt and Obio/Akpor local government areas where we have the concentration of Rivers people will get the first attention,” he said.
The governor directed the committee to ensure orphanages; security agencies and other groups get the palliatives.
He described the situation as a war, where the entire world is being decimated by the virus, stressing that the fight to defeat Coronavirus must be sustained.
Wike reiterated his condemnation of the Federal Government for politicizing the fight against Coronavirus.
He said the exclusion of 35 states in the Federal Government’s intervention is unnecessary.
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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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