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Rivers @ 50: Assembly Holds Special Session …Lauds Govt For Actualising Founding Fathers’ Vision

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The Rivers State House of Assembly (RVHA)last Monday held a special plenary session to commemorate the State’s Golden Jubilee with the Executive Governor of the State, Chief Nyesom Wike in Port Harcourt.
The Speaker of the House, Rt. Hon. Ikuinyi-Owaji Ibani in his address x-rayed the symbolic implication of the Golden Jubilee.
Ibani explained that the celebration of Rivers State at 50 is a way of showing appreciation to the founding fathers’ struggles to liberate the people of the state from oppression and marginalisation, adding that the celebration also commemorates the triumphant arrival of Governor Nyesom Wike’s giant strides in just two years.
He said the Golden Jubilee is worth celebrating, despite the long years of military rule and bad governance, expressing optimism that the founding fathers’ labour would not be in vein.
The Assembly Speaker commended the executive arm led by Governor  Wike for the development strides to justify the vision attached to the creation of Rivers State in 1967.
Ibani said the projects and programmes so far embarked upon by Governor Wike in his two years in office has justified the appropriations passed by the legislature in the two years of the administration.
The Speaker reiterated the Assembly’s commitment to playing  significant roles in supporting the Executive to deliver the dividends of democracy to the Rivers’ people.
Also speaking, the Majority Leader of the House, Hon. Martin Amaewhule chronicled the State legislature from 1979 to date, saying that the long years of military rule had affected negatively the existence of the legislative arm in the state.
According to him, there was nothing like legislative arm when the state was created in 1967, until 1979, when the first Assembly was inaugurated to make laws for effective governance of the state.
Amawehule who commended the giant development strides of Governor  Wike in just two years in office, urged the members irrespective of party line to give the current administration supports for effective governance of the state.
The former Deputy Speaker of the second Assembly, Rt. Hon. Irk Orji on behalf of the former Speakers and Deputy Speakers in the State commended Governor Wike for even development to justify the Golden Jubilee.
He also commended the 8th Assembly for giving effective legislative backup to the executive to perform  in the state.
He said Governor Wike has shown to the world that the essence of government is to ensure benefits to the people, urging the legislature and the judiciary to maintain their support to enable the Executive Governor to develop the state further.
The former lawmakers of the Rivers State House of Assembly  applauded Governor Nyesom  Wike for actualising the vision of the founding fathers of the state, through infrastructural development.
Speaking for the lawmakers at the special plenary session of the 8th Assembly to commemorate Rivers Golden Jubilee last Monday in Port Harcourt, a member of the Sixth Assembly, Hon. Tony Opiah said Governor Wike’s commitment to developing the state has shown that the Governor has the same vision with the founding fathers of the state, whose struggle was geared toward the liberation of Rivers’ people from injustice, oppression and marginalization.
He commended Governor Wike for leading Rivers State uprightly in the area of development and fight against injustice in the state.
Opiah who acknowledged the fact that justice is the hallmark of peace and unity called on Rivers’ people to shun any act that would lead to injustice for peace to reign in the state.
According to him, 50 years of existence is enough to build an egalitarian state, where all citizens should have equal stakes and opportunities.
The former lawmakers also commended the 8th Assembly for its commitment for legislative support to Governor Wike on dividends of democracy in the state.
Opiah who recalled several bills so far passed into laws by the current legislative, said those laws are catalysts to the rapid developmental strides in the state.
Also Speaker, the Minority Leader  of the 8th Assembly, Hon. Benibo Anabraba expressed the need to use the Golden Jubilee to reform policies that would be labour- friendly in the state.
Anabraba called for the review of the Nigerian Constitution to allow labour policy to be brought to the concurrent list from the Exclusive list of government.
He said, Rivers state at 50th is worth celebrating, despite the challenges confronting the state.

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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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