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We’ll Complete Opobo Section Of Unity Road In Jan, Wike Reassures

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The Rivers State Governor, Chief Nyesom Wike says the completion of the Opobo axis of the Ogoni-Andoni-Opobo Unity Road, which would attract development to Opobo Kingdom, is top priority to his administration.
Wike gave the assurance at the ceremony to mark the 150 years’ anniversary of the founding of Opobo Kingdom in Opobo Town, last Monday.
The governor, who expressed delight that Opobo people and friends could drive by road to participate in the 150 years’ anniversary of the kingdom, assured that the road would be completed and commissioned in January, 2021.
“As you’re coming from the Ogoni area, you’ll see that we have finished the first phase of Sakpenwa-Bori Road; full dualisation. Now, we believe that the second phase will take it to Kono with streetlights installed.
“That will ease movement and reduce the level of crime in that place. We are happy that you can drive from Bori, and within five minutes, you’re heading to Opobo.
“When that road is completed, it will bring development. I’m glad that I made a promise to the people of Opobo. We believe that by ending of January, 2021, that we will come back to commission the road”.
The governor also noted the efforts of federal lawmaker, who represents Andoni-Opobo-Nkoro Federal Constituency, Hon Awaji-Inombek Abiante, in connecting Opobo Kingdom to the national grid in a bid to solve the age-long problem of lack of electricity in the area.
Wike said his administration would continue to support developmental plans of the kingdom that would make life easy for them.
“I’m happy with the move to connect you to the national grid. That project is a constituency project of one of your own who represents Andoni/Opobo-Nkoro Federal Constituency, that is Awaji-Inombek Abiante.
“It is important for us to elect those who have commitment, who believe in the development of the people and that young man has shown that connecting Opobo to national grid is very important”.
The governor also donated N50miliion to support the building of a befitting palace for King Jaja of Opobo.
The Amayanabo of Opobo Kingdom, King Dandeson Douglas-Jaja said the sitting of Opobo on the banks of the Imo River was well calculated plan in 1870, because the kingdom strategically became an important commercial settlement to compete with Lagos in volume of Nigerian International Trade.
Douglas-Jaja, who is also the chairman of Rivers State Traditional Rulers Council, said in the wake of World War 11, the British closed the Opobo seaport, which destroyed the commercial strength of Opobo Kingdom.
According to him, the Nigeria Government has since failed to acknowledge the subsisting commercial potentials of Opobo.
“The road, today, we are glad to acknowledge, opens up a new page in the development process of Opobo, a page that will see our youths, instead of migrating to Port Harcourt and other cities, will be attracted to remain here because they can be gainfully employed as well as enjoy the befits of modern living”.
The Rivers State Commissioner for Water Resources, Dr. Tamunosisi Gogo-Jaja said Opobo people had lived together in peace without violent attacks on each other during and after the 20 years of legal war in the kingdom.
Gogo-Jaja said the people of Opobo, particularly thanked Wike for demonstrating love towards them by his commitment to complete the Opobo axis of the Ogoni Unity Road to enable them drive him by road.

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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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