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PDP Needs New, Robust NWC To Win 2023 Polls -Wike

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The Rivers State Governor, Chief Nyesom Wike, says the present National Working Committee (NWC) of the Peoples Democratic Party (PDP), cannot lead the party to victory in the 2023 general election, hence the quest for its replacement.
The governor has maintained that the internal rumbling that was recently witnessed in the party was following the failure of the NWC to carry out its responsibility as an opposition political party effectively.
Speaking on a national television in Port Harcourt, yesterday, Wike stated that the PDP remains the only credible alternative party that Nigerians are expecting to take over power in 2023, given the woeful performance of the ruling All Progressives Congress (APC).
“If you go to the public and ask Nigerians if PDP is ready to take over power in 2023, if you take referendum, you will know that Nigerians are even waiting for PDP. But the fear of Nigerians is whether PDP is ready to take over power. So, people are concerned about it. Obviously, it is ripe for PDP to take over, but you must be prepared to take over.
“And we said with what we have now, it will be difficult to take over power in 2023 if there are no amendment. Leadership was the problem. The point is this, the current NWC, as it is today, cannot lead the party to victory. Nobody has said they have not done well, one way or the other, but we are talking about the challenges ahead.
“That is why we are pushing for the party to have other people to lead the party and to give it a different strength altogether. If you know APC, you know that you need a robust, determined leadership of the party (PDP) to make sure you match them word by word, action by action.”
Wike said anyone who loves the PDP and means well for the party will adhere to the resolutions reached after the intervention of the governors, Board of Trustees and elders to douse brewing crisis in the party.
The governor dismissed insinuation that he is nurturing a presidential ambition, hence his opposition to the current NWC.
He stated that his primary pre-occupation is to see how the PDP could be better positioned to win the 2023 general election.
On the issue of the amended Electoral Act, the governor said Nigerians are expecting President Muhammadu Buhari to veto the bill over the rejection of electronic transmission of election results by APC members in the National Assembly.
The governor accused Buhari of supporting the position of APC members in the National Assembly even after he had attested publicly on how he benefitted from the introduction of card reader device by former President Goodluck Jonathan’s administration.
He stressed that the electronic transmission of results is at the centre of conducting credible and transparent election, and it behoves the President to bequeath to Nigerians a credible electoral process as he had promised.
“Mr. President gave Nigerians the assurance that, one of the legacies that he will leave is to make sure that we have credible, and transparent election. And one of the steps to show transparency is, let the election results be transmitted electronically.
“You remember when Mr. President was declared the winner of that election in 2015, he said that the introduction of the card reader was a good innovation. We thought he would have improved on that. But instead of improving on that, we are going backwards.”
The governor also wondered why the Senate committee chairman on INEC, who recommended the transmission of electoral results electronically, voted against it.
Wike commended the passage of the Petroleum Industry Bill (PIB) into law, but declared that allocation of a meagre 3 per cent for host communities in the Niger Delta was unacceptable.
“We believe that 3 per cent is not enough as regards the kind of pollution and environmental crisis we have had because of oil exploitation. I thought what Mr. President would have done was to tell members of National Assembly, yes, you have done what you are supposed, but again, you need to take into consideration the yearnings of the host communities.”
The governor bemoaned the exclusion of oil producing state governments in the implementation and administration of the 3% oil revenue recommended for host communities in the Petroleum Industry Act.
He expressed concern that the International Oil Companies (IOCs) will take advantage of this, to continually instigate crisis in oil producing communities in order not to pay the 3 per cent due the host communities.
Speaking on the ongoing constitutional amendment process, Wike said it was satisfying to know that such function was not an exclusive preserve of the National Assembly.
According to him, Nigerians are very confident in the process because they know that whatever the National Assembly has done, there would be the need to secure a two-third of votes from the 36 State Assemblies.
“But the confidence people have today is that the amendment of the constitution will get to the State. Take for example, the Federal Government may not be in support of state police but you have two-third of states that say they need state police, so, in that case, state police will pass. There are issues that you may not like, but these are done on clause by clause basis.”
Speaking the issue of Valued Added Tax, Wike clarified that the Rivers State Government went to court to seek constitutional interpretation of the enabling law on whether state or Federal Government should be the sole collector of VAT.
He stressed that the Rivers State Government was not perturbed by the decision of the Federal Inland Revenue Service (FIRS) to appeal the Federal High Court judgment, which declared that it was unconstitutional for the Federal Government to collect VAT.

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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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