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We’ll Set Up Reward System For War Veterans, Wike Assures …Launches Emblem With N20m

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The Rivers State Governor, Chief Nyesom Wike, has restated the need for governments to institute an enduring reward system for war veterans to justify the ultimate sacrifices they make in keeping Nigeria safe and united.
The governor said officers of the Armed Forces would be emboldened to continue to put their life at great risk in defence of the territorial integrity of Nigeria when they know that there was a permanent reward system established to cater for them or their families.
He stated this at the 2021 Emblem Appeal Fund Launching to mark the 2021 Armed Forces Remembrance Day celebration which held in Port Harcourt, yesterday.
The governor explained that most people do not quite appreciate the enormity of the hardship and trauma families go through losing their breadwinners who had volunteered to be part of the security agencies.
Wike said that if not for the soldiers and other security agencies who put their lives on the line daily to protect the rest of the citizens, perhaps, insurgency in some parts of the country would have been worse.
He stated that one of the reasons why some policemen were targeted and killed during the #EndSARS protest, was merely because they prevent crimes in society.
“Soldiers go to war, many of them come back wounded, and many of them die in the battle field. During the civil war, just to keep Nigeria one, people died. So, you don’t understand what it takes for someone to volunteer and say that I want to be one of those who would protect our territorial integrity.
“Government must find something to put permanently on ground, so, that it will give them that assurance that, yes, indeed it’s worthy to die for the country.”
The governor also assured that his administration would continue to offer members of the state branch of the Nigerian legion necessary support that would cushion economy hardship on them.
Wike used the occasion to redeem the sum of N171million, he pledged to the Nigerian Legion for the scholarship of their children.
He also donated N20million to launch the emblem, and enjoined the 23 local government councils in the state to donate N1million each to support the launch.
On his part, the Secretary to the Rivers State Government, Dr. Tammy Danagogo said that the Emblem Appeal Launching offers another opportunity for well-meaning individuals and corporate bodies to support the veterans for their sacrifices and also to boost their morale to elicit optimal performance.
Danagogo said that the Wike-led administration had over the years invested generously in promoting the welfare of members of the state chapter of Nigerian Legion.
He stated that the governor recently gave N20million each to widows of the six soldiers and four police officers who were killed by militants of the outlawed Indigenous People of Biafra (IPOB) who hijacked the #EndSARS protest in Oyigbo.
The Rivers State Chairman of Nigeria Legion, ACG Justice Chichi, noted that Nigeria was still immersed in the fight against Boko Haram, bandits and other forms of insurgency, adding that the security agencies were operationally ready to confront them as a commitment to protecting the sovereignty of Nigeria and ensure safe climate for steady economic growth.
He thanked the governor for the support given to the legion to serve as their major benefactor, and appealed to him to fulfill the pledge of fund for the scholarship scheme meant for children of war veterans.

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Tinubu Hails NGX N100trn Milestones, Urges Nigerians To Invest Locally

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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

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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

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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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