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82.9m Nigerians Starving Under Your Watch, PDP Slams Buhari
The Peoples Democratic Party (PDP), yesterday, urged President Muhammadu Buhari and the All Progressives Congress (APC)-led government to address what it called the worsening food insecurity now threatening millions of Nigerians under his watch.
This is even as the main opposition party noted that under Buhari, “over 82.9million Nigerians can no longer afford their daily meals due to the failure of the administration to take practical steps to grow and protect the food sector, thereby leading to severe food scarcity with prices soaring beyond the reach of Nigerians.”
In a statement signed by its spokesman, Kola Ologbondiyan, the PDP claimed that as a result of the leadership of Buhari, “Our country now ranks as 98 out of 107 in Global Hunger Index, with an agonizing food shortage, collapsed purchasing power; alarming 33.3 per cent unemployment and 22.95 per cent food inflation rates as well as increased morbidity and mortality rates.”
The statement read, “Today, under the APC, a bag of rice which sold for N8,000 under the PDP now sells for N30,000, a measure of garri and beans which sold for N150 and N250 now sell for N500 and N800, respectively; a measure of maize and guinea corn which sold for about N150 now sells for N400 while a kilo of meat which sold for about N800 now sells for about N2,300.
“Our party notes that the current food crisis is occasioned by the failure of the APC administration to recalibrate our agricultural sector as well as to take decisive steps to address the violence, terrorism and banditry in food production areas.
“Nigerians recall how the APC administration had remained insensitive to calls by our party and well-meaning Nigerians asking it to address the escalated violent attacks and killing of farmers as well as livestock producers, by bandits, terrorists and criminal herders resulting in desertion of farms in various parts of our country.
“Nigerians can also recall the response of the APC administration to the beheading of 43 rice farmers in Borno State, wherein it heaped blames on the slain patriots instead of immediately tracking down their killers and ensuring the security of our farmers in the area.
“Under the APC and Buhari watch, our farmers now overflow in Internally Displaced Persons (IDP), camps as their fields and farmhouses have been overrun by bandits and terrorists, including political mercenaries brought into the country by the APC to assist in unleashing violence to rig the 2019 general election.
“Moreover, escalated insecurity on our highways has also hampered production and distribution value chain, with no hope in sight.
“Our party charges President Buhari to take urgent steps to address the urgent issue of hunger by opening our silos to cushion the situation and push down prices.”
“The Federal Government should also realign the agricultural sector by beefing up security in food production areas so that our farmers can return to the farmland.
“The PDP also believe that the time has come for President Buhari to provide direct stimuli to small businesses as incentive to pay salaries, revamp production and boost purchasing power.
“Moreover, President Buhari should take steps to recover the over N15trillion stolen by APC leaders and channel part of it to emergency action for food security in our country, before it is too late.”
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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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