Featured
Again, Militants Blow-Up Agip Pipelines …Threaten More Attacks
Three months after it attacked its first target, Niger Delta Red Squad (RDRS), the new militant group operating in the oil bearing communities of Ohaji/Egbema council area of Imo State, says it has blown another facility belonging to Nigerian Agip Oil Company (NAOC) at Umuonei in Awara community.
The group, which announced the attack in a Facebook posting, warned Agip personnel to keep away from the pipeline, as anybody found within the vicinity would be beheaded.
The group, in the post by Don Wannie, claimed it struck because it has nothing to show for the operations of Agip, and other oil companies in their community since the creation of Imo State.
“We have seen enough marginalisation and it has to be stopped,” he said.
The militant group said it was forced to resume hostility as a result of the continued criminal neglect of the oil-bearing communities by oil companies.
“We are not happy with Agip because they have continued to neglect our communities. Since they have refused to change, we have equally resumed the attack on their pipelines and we are going to blow until they do the right thing.”
The group, which vowed to chase out the oil company from Ohaji/Egbema council area said if the state government failed to compel the oil company to do the right thing, it would have no option but to also attack the offices of the Imo State Oil Producing Area Development Commission (ISOPADEC), the Niger Delta Development Community (NDDC), among others, in the state.
It also threatened to attack Governor Rochas Okorocha’s Ogboko village, if government deployed any military to their community.
“To Imo State Government and their security agencies, we ask you to give our people what rightfully belong to them. You think the best thing you can do is to plan how to deploy security men to our area. No problem… we are assuring you that no security agent will come to any part of Awarra and go without being beheaded,” it threatened.
After it hit a facility operated by Shell Petroleum Development Company (SPDC) in Awarra, Ohaji/Egbema Local Government Area of Imo State in June, the group vowed to inflict maximum damage to oil facilities, if Ohaji/Egbema communities were not given due benefits from their oil resource.
Following the initial attack, the group said: “Oil companies started operation in our community since 1957, but up till date, we have nothing to show as benefit. For Imo State government, we will make sure you make no further gains from Ohaji/Egbema.
“Since God’s creation, neither Imo State Government nor oil companies have remembered us. We have been neglected and abandoned. No electricity. No tarred roads. No drinking water. No hospital. No youth employment or empowerment. We shall destroy everything in Imo State that was built with our oil money,” the group threatened.
As at press time, yesterday, neither the Imo State Government nor the police confirmed the attack, despite several attempts to get their comments.
Featured
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.
Featured
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.
?
?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.
?
?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.
?
?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.
?
?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.
?
Featured
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.
-
News4 days ago2026 Budget: FG Allocates N12.78bn For Census, NPC Vehicles
-
Sports4 days agoAFCON: Osimhen, Lookman Threaten Algeria’s Record
-
Politics4 days agoWike’s LGAs Tour Violates Electoral Laws — Sara-Igbe
-
Politics4 days agoRivers Political Crisis: PANDEF Urges Restraint, Mutual Forbearance
-
Sports4 days agoPalace ready To Sell Guehi For Right Price
-
Sports4 days agoArsenal must win trophies to leave legacy – Arteta
-
Sports4 days agoTottenham Captain Criticises Club’s Hierarchy
-
Sports4 days agoNPFL To Settle Feud between Remo Stars, Ikorodu City
