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Wike Mocks Defectors From PDP To APC
The Rivers State Governor, Chief Nyesom Wike, says governors and others defecting from the Peoples Democratic Party (PDP) to the ruling All Progressives Congress (APC) lack conscience and cannot be trusted.
The governor said it was ludicrous and hypocritical of the APC to demonise the PDP, and then, turns around to poach members of the same party.
Wike, while speaking at the flag-off of Woji-Aleto-Alesa-Refinery Road and bridge with spur to the East-West Road at Woji town, yesterday, asserted that those defecting from PDP after riding on the back of the party to power, have proven that they were treacherous.
“People who could not win ordinary election. The party used technicality and went to court, and got victory. Now, they say they are leaving the party. Hopeless, shameless human beings. People who have no conscience.”
Wike accused the APC- led Federal Government of blackmailing and coercing some PDP governors and members to join the ruling party, and reiterated that no amount of blackmailing or intimidation would make him leave the PDP.
“Bring everything you have against me, I will not join you. Rivers State will not join you. Even if it is only Rivers State in this country, we will continue to be Peoples Democratic Party.”
The governor, however, took a swipe at the former Director General of Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dakuku Petersidel, for lying that the Federal Government paid the Rivers State Government N78billion cash as refund for federal projects done by the state.
According to him, the Federal Government merely issued a promissory note, which the bank, was going to discount.
“I didn’t know he (Peterside) does not understand what they call promissory note. N78billion was not backed up by cash by the Federal Government. N78billion was approved by Federal Government, but not in cash. And so, the bank has to come in to take it and discount it, because Federal Government is going to pay them back in the next four years. What Rivers State Government got was N52billion out of N78billion. But, in principle, N78billion was approved, but was there any cash? No cash to back it up.”
Wike said it was disingenuous for Peterside, whom he convincingly defeated in 2015 governorship election, to deny his administration’s glaring infrastructural achievements, such as construction of nine flyovers, schools, hospitals, roads, cassava processing factory, among others.
He disclosed that under the previous administration in which Peterside served as commissioner for works, contractors were compelled to pay bribe, and ironically starved of funds.
According to him, this was why projects like the Rebesi-Trans-Amadi-Elelenwo Road awarded to RCC, was abandoned by the previous government, and he had to complete it.
“We signed an undertaking with them by giving them (RCC) an Irrevocable Payment Standing Order of collecting N1billion every month from us. We paid RCC not less than N17billion to complete that road. It was not awarded by us. It was the previous administration, they awarded the job, and took away their profit and that project was left like that.”
Wike said it was on record that Peterside, who hails from Opobo and was a commissioner for works, failed to complete the Ogoni-Andoni-Opobo Unity Road due to his abysmal performance.
On the contrary, he said that he, who is from Obio/Akpor, has successfully completed the road, and will inaugurate it on Saturday.
He further dared Peterside, who as the DG of NIMASA, the Cabotage Office was relocated from Port Harcourt to Lagos, to declare what the state benefitted during his reign in NIMASA.
Also speaking, Senator Theodore Orji, who performed the flag-off of the Woji-Aleto-Alesa-Refinery Road, commended Wike for running an inclusive government and executing projects that impact positively on the people of Rivers State.
“God specially packaged you to be the governor of Rivers State. And to show them that there is God, whatever you are doing is from the inspiration of God. Don’t relent.”
Orji, who was the immediate past governor of Abia State, described Wike as a solid political rock in the PDP that has remained as terror to the ruling party.
In his remarks, the Special Adviser to the Governor on Special Projects, George-Kelly D. Alabo, said the road would connect Woji-Aleto-Alesa to the East-West Road, and boost economic activities in the affected communities.
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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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