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N’ Delta: Osinbajo Seeks New Vision …Says It’s Strongest Chain Of National Growth

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Acting President Prof. Yemi Osinbajo says the Niger Delta needs a new vision and renewed spirit of direction.
Prof. Osinbajo made the assertion during an interactive forum with stakeholders and representatives of oil producing communities in Rivers State last Monday at Government House, Port Harcourt.
The acting President said the renewed engagement with all stakeholders is to chart a roadmap as recommended by the Pan-Niger Delta Forum led by Chief Edwin Clark and other stakeholders in the region.
He said, “every, stakeholder in Niger Delta has a role to play. We must make our communities a hub for petrochemicals small and large as the NNPC is working on modalities for establishing modular refineries in the communities”.
Harping on the need for peace in the Niger Delta, the acting President reiterated that the Federal Government is working to transform the area, as there was no reason why infrastructure in the region should not meet standards like in other parts of the world.
He said in strong terms that the rising spate of oil and gas installation vandalization affects development in the region, and expressed the commitment of the Buhari-led government to the implementation of Amnesty Programme.
One way to check the menace of oil vandalization, he said is for youths in the area to explore other avenues of engagement with the federal government.
According to Osinbajo, the engagement “will be the beginning of a narrative that will change the Niger Delta”.
Meanwhile, Acting President, Prof. Osinbajo has hinted that efforts are being made towards the establishment of modular refineries in oil producing communities to reduce illegal refining and bunkering.
He said time has come when oil production should be driven by the private sector and that the federal government will promote greater inclusion by using the sector to drive industrialization in the region.
Earlier, Minister of Petroleum of State, Dr. Ibe Kachikwu has promised that the federal government is ready to address the issues raised and sued for peace in the region.
Kachikwu also used the forum to dismiss fears that oil companies were planning to relocate their headquarters outside the state.
“We want to navigate the oil companies back to the state”, he assured.
Meanwhile, Acting, Prof. President Yemi Osinbajo, says Niger Delta region remains the strongest chain in the wheel of national development, hence the need to work towards securing the peace, development and security of the region.
Osinbajo made this assertion at a Town Hall meeting in Port Harcourt with Rivers stakeholders on the development of the State and the Niger Delta.
He said that the need for peace, development and security was the basis for the sustenance of the Federal Government Amnesty programme for the youths in the region.
The Ag.President noted that government would encourage industrialisation in a bid to make the region vibrant economically.
He stated that government acknowledged the fact that part of the crisis in the region was as a result of negative impact from oil exploration by oil multinationals.
The Ag. President commended the oil producing communities for being peaceful despite the various socio-economic challenges they were facing in the area.
He called for a synergy between the Federal Government and all stakeholders in the development of the region, adding that there was a plan by government for environmental remediation for the region.
On the Ogoniland clean up, Osinbajo disclosed that there was a serious commitment on the part of the Federal government to ensure total implementation of the project.
He said as part of the implementation of the Ogoniland Cleanup, there would be a community based sensitisation on the programme for the four local government areas of  Ogoni.
Osinbajo noted that a governing board had since been inaugurated to oversee the effective and successful implementation of the UNEP report on Ogoniland.
The Ag. President pledged that the 16-point agenda presented to the government by the elders of the region in 2016 would be looked into.
In his remarks, Governor Nyesom Wike commended the Ag. President for his visit to identify with the people of the Niger Delta and Rivers in particular.
He pledged the readiness of the state government to go into synergy with the federal government to develop the state and the region at large.
The governor lamented that though the state contributed so much for the economic development of the nation, there was nothing to show for it.
Wike, who commended various efforts by the federal government to develop the region, noted that he was optimistic that the visit of the Ag. President would usher in a new vista of hope for the region.
Also speaking, the Chairman of the state Elders council, Chief Onueze Okocha, said that the state was not at war with the federal government.
He called for a synergy between the federal and state government to build the state through the creation of wealth for the people.
Also, a representative of the host communities, Chief Hope Opusingi, urged the federal government to direct soldiers posted to the region to also protect the people and not only oil installations.
A representative of the women and an environmental activist, Mrs Annkio Briggs, called on the federal government to restore security aides of Gov. Wike.
Kio Briggs also called for the reinstatement of the six dismissed policemen attached to Wike who were dismissed by the police authority on electoral issues.
She said that the State and the governor were exposed to danger and insecurity as there were no security aides for him.
The representative of the Traditional Institution and Amayanabo of Opobo Kingdom, His Majesty, King Dandeson Jaja also called on the Federal government to restore Wike’s security aides.
The Tide source  reports that others who spoke in the forum, urged the Federal government to summon the political will to develop the State and the Niger Delta region.

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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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