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S’South Govs, Leaders Demand Apology From Presidency
The governors and leaders of the South-South geo-political region have demanded for an unreserved apology from the Presidency for abruptly aborting a crucial stakeholders’ meeting scheduled to hold in Port Harcourt, yesterday.
The Presidency had fixed a meeting for yesterday with the governors and other leaders of the region to discuss burning national issues affecting the region and the effects of the #EndSARS protests.
The Federal Government delegation was supposed to include all the ministers from the geopolitical zone and other persons.
Addressing the South-South leaders at the Banquet Hall of Government House, Port Harcourt, yesterday, the Delta State Governor, Dr Ifeanyi Okowa, who presided over the session, narrated the botched meeting, which was called at the instance of the Presidency, through the Office of the Chief of Staff to the President, Prof Ibrahim Gambari.
He explained that the meeting time was adjusted twice from 11am to 1pm, yesterday, on the excuse that President Muhammadu Buhari was meeting with the Director of Department of State Services (DSS) and the Inspector General of Police, who were supposed to be part of the presidential delegation for the South-South meeting.
Okowa, who is also the chairman of South-South Governors’ Forum (SSGF), said he later got a call from the Chief of Staff to the President, yesterday afternoon, announcing the eventual cancellation of the meeting.
According to him, he felt really disappointed that the region could be treated in such disdain.
Okowa said that “the people of the region have been embarrassed, disgraced and disrespected”.
He stated that “the South-South geopolitical zone is a very important component part of the nation, and the governors feel insulted because the traditional rulers, who had gathered for the meeting, deserved to be revered.
“As governors, we feel very touched and sad about what has happened. And having also listened to our youths, we can feel the anger. As a mark of respect for our people, because you are actually the stakeholders of our region, we felt it was necessary for us to consult with you before taking any decision, if we take our decision without consulting with you, then, we would have added to the disrespect that has just been meted on you.
“We call for a public apology, not for the governors alone. We call for a public apology because this meeting was not called at our instance. It was called at the instance of the Presidency. The time was changed last night. We understood, and we talked to our people. Some of us did not sleep in trying to put things together. We have gotten to a very bad start. So, we are going to convey this message to the chief of staff to the president.
He further continued: “We deserve, as a region, unreserved public apology, particularly to our traditional rulers and the leaders in this zone, which include our Christian leaders, opinion leaders, our women and our youths, and also the governors of the zone who were voted into office, and that is the least that we expect for us to accept to reconvene this meeting.”
The former President of the Movement for the Survival of the Ogoni People, Barrister Ledum Mitee, said he was concerned with the abrupt cancellation of the meeting not only as an insult but an effrontery on the people of the South-South zone.
Similarly, member of the 2014 National Political Reform Conference, Ms Ann-Kio Briggs, said the Federal Government, yesterday, demonstrated the value it actually placed on the South-South geopolitical zone.
On his part, the President of the Ijaw Youth Congress (IYC), Peter Igbifa, accused the Federal Government of taking the South-South for granted.
The Rivers State Governor, Chief Nyesom Wike, who hosted the meeting, described Rivers State, which is the capital of the South-South, as safe.
Present at the meeting were also the Cross River Governor, Prof Ben Ayade; Akwa Ibom Governor, Udom Emmanuel; Bayelsa State Governor, Senator Douye Diri; and Edo State Governor, Mr Godwin Obaseki.
Other eminent persons present included, the National Chairman of the Pan-Niger Delta Forum, Air Commodore Idongesit Nkanga (rtd); former President, Nigerian Bar Association, Chief Onueze Okocha (SAN); among others.
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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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