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Declare State Of Emergency On National Assets, Experts Tell Buhari

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Against the backdrop of challenges facing national assets across the country, the Association of Facilities Management Practitioners of Nigeria (AFMPN), has called on President Muhammadu Buhari, to declare state of emergency on public infrastructure.
The call was made by AFMPN President, Collins Osayamwen, in an interview with newsmen, while speaking on the new vista his leadership has opened for the association to play a strategic and critical role as a professional body charged with the responsibility of maintaining and managing public infrastructure if the bill at the National Assembly was passed into law and assented to by Buhari in order for Nigerians to enjoy public assets.
However, Osayamwen pointed out that public infrastructure has not been given the desired attention over the years as a result of not giving recognition to professional facilities managers who government needs to collaborate with to maintain critical national assets worth billions of Naira.
He said, “It is evidently clear that our public infrastructure is in a state of emergency and the government needs to declare a state of emergency in order to rescue our public infrastructure from total collapse.
“The reason for lack of maintenance of our infrastructure is not far-fetched.
“It is because, in Nigeria, the profession that is saddled with the responsibility of looking after the built environment does not exist in the list of professionals that constitute the building team.
“We are seriously concerned about the deplorable state and deficit of public infrastructure in Nigeria. In 2012, the Infrastructure Council of Regulatory Commission (ICRC), alluded that $12billion to $15billion was required annually for the next five to six years to bridge the infrastructure deficit gaps in Nigeria.
“It is worthy of note that if these figures are anything to go by, the situation should have become worse by now, nine years later.”
He also explained that in the built environment, architects are responsible for conceptualisation, design and supervision of the project; the Structural, Mechanical and Electrical Engineers and even the IT engineers are responsible for design and construction of the building systems; the building engineer carries out the physical construction of the building.
“Now, let’s examine the role of these professionals. They all perform a certain function and they leave the site once their assignment is completed. Not even one of the professions listed above is trained to look after the building. Once the building is commissioned, they all leave the site for a new project.
“Unfortunately, all the activities carried out in the building up till the stage of completion is less than 20 per cent of the life cycle cost.
“The remaining on-going activities and cost of over 80 per cent is operations and maintenance cost and activities.
“This critical stage in a building life cycle is often neglected, hence, the poor state of our infrastructure. I cannot overemphasize the role of the facilities management practitioners in managing our built environment,” he stated.
According to him, the main reason Nigeria has not been able to maintain her infrastructure is because “the profession responsible for maintenance is not yet recognised for its strategic role in Nigeria as a profession and Facility Management profession is not recognised as a member of the built environment practitioners.
“Maintenance starts from the design stage of a facility. It requires painstaking planning, scheduling, budgeting, sustainable programme management and implementation of maintenance technologies, and others.
“It takes more than culture to effectively and efficiently maintain a facility. It requires time, money, and experience to maintain infrastructure,” he added.

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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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