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Electoral Bill: PDP Govs Urge NASS To Override Buhari’s Veto

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Governors elected on the platform of the Peoples Democratic Party (PDP) have requested the National Assembly to consider overriding President Muhammadu Buhari’s veto as one tenable option towards achieving the intended reform of electoral jurisprudence for Nigeria.
At their meeting in Port Harcourt, last Monday, under the aegis of PDP Governors Forum, with a nine-point communique, the governors noted the urgency required to conclude deliberations on the Electoral Act Amendment Bill.
The meeting was convened to once again review the various challenges confronting the federating states, the state of the nation and the PDP.
Reading the communique to journalists after the meeting, thePDP Governors’ Forum Chairman, and Governor of Sokoto State, Hon. Aminu Tambuwal said the other option open to the National Assembly was to delete areas of concern in the bill.
“The meeting advised that the option of sustaining Mr President’s veto would lead to a quicker resolution, and would deny Mr President the opportunity to, once again, truncate a reformed electoral jurisprudence for Nigeria. An early concluded Electoral Act is vital for credible elections.”
The PDP governors also decried the continued deterioration of the country’s economy under the leadership of the All Progressives Congress (APC)-led Federal Government.
Nigerians, the communique said, have become numb and accustomed to bad economic news as exemplified by the inconsistent and differential exchange rate regime, high interest rates, unsustainable unemployment figures and borrowing spree some of which have not been applied to important projects and other bad economic indicators.
“In particular, it is clear that the APC government is a massive failure when compared with the records of PDP in government. The PDP handed over a $550billion economy (the largest in Africa), but under APC, Nigeria is the poverty capital of the world.
“In 2015, under PDP, the exchange rate was N198 per Dollar, it is now under APC almost N500 to a Dollar.In 2015, unemployment rate was 7.3% under PDP, it is now 33%, one of the highest in the world under APC.In 2015, the pump price of petroleum was N87 per litre, it is now N165 per litre and climbing under APC.
“Debt servicing now under APC takes over 98% of the federal budget. The tales of woe is endless.”
The PDP governors also noted that the management of the oil and gas resources and the administration of Federation Account remittances have remained opaque, confusing and non – transparent.
“In addition, the transition to NNPC Ltd under the Petroleum Industry Act has not been properly streamlined to ensure that the interests of all the tiers of government are protected, consistent with the 1999 Constitution.”
Also, the PDP governors lamented the protracted insecurity situation in the country, the persistent and ceaseless flow of Nigerians’ blood on a daily basis in many parts of Nigeria.
They noted the near collapse of the security situation in Nigeria with the APC administration lost on any enduring strategy to deploy in confronting the terrorists, kidnappers, bandits and other criminals.
“The meeting expressed regrets that Mr President is unwilling, from his recent comments discountenancing the proposals for state policing, to participate in reviewing the structural problems of tackling insecurity in Nigeria.
“(The meeting) urges Mr President to reconsider his position and consider decentralisation and restructuring of the security architecture as the most viable solution, together with proper arming, funding and training requirements for security agencies.”
The meeting also urged eligible Nigerians of all walks of life, particularly the youths, to register en-masse with the Independent National Electoral Commission (INEC)
This, the meeting, resolved, will enable the registered Nigerians to exercise their franchise in the 2023 general election.
“The next election is a very consequential election that should be used to end the dominance of very youth unfriendly APC government; a government that had the arrogance to deny Nigerian youths of the use of Twitter, a business friendly tool for the young, for over a year. The youths should empower themselves to determine who leads them.”
The PDP governors congratulated the Dr. Iyorchia Ayu-led National Executive Committee, and commended them for hitting the ground running with respect to repositioning the PDP into a credible vehicle for rescuing and rebuilding Nigeria which has been battered by bad economy, insecurity, unemployment and other social ills by the incompetent and inept APC administration.
Rivers State Governor, Chief Nyesom Wike, who hosted the meeting, was commended by forum for the great leadership performance he has entrenched in Rivers State.
The governors, who attended the meeting were, Hon. Aminu Tambuwal (Sokoto); Udom Emmanuel (Akwa Ibom); Senator Douye Diri (Bayelsa); Samuel Ortom (Benue); Dr. Ifeanyi Okowa (Delta); Ifeanyi Ugwuanyi (Enugu); Oluseyi Makinde (Oyo); Ahmadu Fintiri (Adamawa); Darius Ishaku (Taraba); and Bala Mohammed (Bauchi).

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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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