Featured

IPOB’s Sit-At-Home Order Takes Toll On Rivers …Paralyses Social, Economic Activities

Published

9 years ago

May 31, 2017

Business activities in some parts of Port Harcourt were, yesterday, hugely on a low ebb as many traders closed shops following the holiday declared by pro-Biafra agitators.
The Indigenous People of Biafra (IPOB) and Movement for Actualisation of Sovereign State of Biafra (MASSOB) had declared May 30, a public holiday for their supporters to commemorate 50 years of the declaration of the secessionist state of Biafra.
They also said they wanted to remember those who died in the Nigerian Civil War fought between Nigerian troops and rebel Biafra forces.
Our correspondent, who went around the city, reports that major business areas, especially those dominated by Igbo traders, were shut down.
Some traders who were seen around their business premises said they came to monitor the situation and not to open for business.
Some normally very busy roads, such as the Port Harcourt/Aba expressway, Ikwerre Road and the East/West Roads witnessed light traffic.
Meanwhile, some traders at the Building Material Market and the Nkpolu Oro-worukwo Shopping Centre, Mile Three Diobu, Port Harcourt, expressed support for the groups’ call.
A trader, Chief Ike Nwaugo said that the market union had given a directive stopping traders from opening their shops for business during the holiday.
“Nobody will open for business today; it is a directive even from the union in compliance with the call by the agitators of Biafra,’’ he said.
A trader at the Oyigbo Truck Park, Mr Ignatius Okorie, said that the holiday declared in honour of Biafra was responsible for the low economic activity in the area.
“Many people are at home, economic activities are at a very low ebb, the call for holiday is the cause of all these,’’ he said.
However, a lawyer, Mr Chijokwu Wombu, has criticised the observance of the holiday by some traders in Port Harcourt, saying, “ it is of no meaning.’’
He said the traders staying at home in adherence to the declaration of holiday did not make Rivers part of Biafra.
“I see the whole thing as mere showmanship, the traders merely pretend to have closed shops, but they are all milling around the business premises.
“I tell you that they are in business, just go close and ask for something, you will be surprised that they will sell to you, people should stop being deceptive,’’ he said.
Meanwhile, social and economic activities were paralysed in parts of the South-East as the people obeyed a call by two pro-Biafra groups for a public holiday to commemorate the declaration of the defunct republic.
Indigenous People of Biafra (IPOB) and Movement for Actualisation of Sovereign State of Biafra (MASSOB) had declared May 30, a public holiday for their supporters to commemorate 50 years of the declaration of Biafra.
They also said they wanted to remember those who died in the Nigerian civil war fought between Nigerian troops and rebel Biafra forces.
Our sources report that markets, schools, government and private offices were shut in obedience to the call.
However, the leader of MASSOB and Biafra Independence Movement (BIM), Chief Ralph Uwazuruike, said the two groups under him were not part of the call for sit-at-home.
Uwazuruike said: “The position of MASSOB and BIM under my watch is that we are not part of any sit-at-home order, all what I am aware is the week-long celebration to mark 18th anniversary of MASSOB and 50th anniversary of Biafra.
“Anybody talking about sit-at-home is on his own, and I have nothing to tell anybody on such activity neither should any problem associated to it be attributed to me,’’ he said.
But in Umuahia, workers in federal establishments and those of the Abia Government stayed away from their offices.
Abia State Secretariat Complex, public and private schools, markets and major supermarkets in the city were shut and transporters stayed off the roads.
Umuahia city centre, known as Isi-gate, was empty and quiet, while the shops in the area and the adjoining streets were all closed.
Many residents remained indoors, while children used the opportunity to play football on some streets.
On the streets, detachments of police and other security agents patrolled, while a police helicopter hovered in the sky to monitor events.
The Police Public Relations Officer in Abia, Mr Geoffrey Ogbonna, told newsmen that there was no threat to public peace.
He said that security operatives were adequately deployed in all parts of the state to checkmate any possible breach of the peace.
Ogbonna said that the Commissioner of Police, Mr Leye Oyebade, was leading a combined team of all-security agencies to maintain the peace.
“The commissioner has been leading the heads of other security agencies in the state to ensure that there is no breakdown of law and order.
“Abia is calm and people are going about their lawful businesses without any fear of molestation,” Ogbonna said.
In Owerri, two major markets, Eke Onuwa and Relief Markets, remained closed, likewise shops on some major streets, Wetheral Road and Mbaise Road.
The busy Douglas Road, which usually bustles with heavy traffic, was free as traders stayed home.
Banks, eateries and boutiques also closed business activities.
A bank worker, who pleaded anonymity, said the workers were awaiting further directives from their headquarters before they could open for business.
There were few commercial vehicles on the road, while Imo Transport Company shut operations.
Some passengers who arrived at motor-parks early to leave the city were stranded. Mrs Oluchi Uchenwa said she arrive in Owerri at 7a.m. to travel to Port Harcourt but could not get a vehicle.
Students also failed to turn up in school in spite of their teachers coming to work.
The situation also affected activities at the courts with some sitting and others not working.
A lawyer, who did not want to be named, called on the Federal Government to look into the agitation of the pro-Biafra groups and others.
“This kind of situation does not tell good for the corporate image and identity of Nigeria that we are in one country, yet everyday it is Biafra agitation, the other day it is Boko Haram and OPC,’’ the lawyer said.

Featured

Tinubu Hails NGX N100trn Milestones, Urges Nigerians To Invest Locally

Published

7 hours ago

January 9, 2026

The Tide

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

Published

8 hours ago

January 9, 2026

The Tide

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

Published

1 week ago

December 30, 2025

The Tide

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.