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Implement FG’s Palliatives, N’ Delta Youth Urge NNPC
Niger Delta youth leaders have urged the Nigeria National Petroleum Corporation (NNPC) to implement the palliatives pledged by Acting President, Prof Yemi Osinbajo during his tour of the region.
The youth made the call when the leadership of the Niger Delta Ex-Agitation Forum and Niger Delta Non-Violent Youth Leaders’ Assembly paid a courtesy visit to Senior Special Assistant to Bayelsa State Governor on Niger Delta Youth Matters, Mr Kennedy Tonjo-West in Yenagoa, yesterday.
Prince Amaibi Horny, who spoke for the ex-agitators under the amnesty scheme, noted that the region was eagerly awaiting the implementation of promises made during the fact-finding visit by the acting president.
Horny observed that most of the palliatives aimed at stabilising the Niger Delta region and consolidating the peace process lay within the purview of the NNPC.
According to him, after several months of conclusion of the tour, the Group Managing Director of NNPC, Mr Maikanti Baru was yet to take steps on the palliative measures.
“It is shocking to know that since Maikanti Baru assumed office as NNPC group managing director, he has not initiated or implemented any project or programme that will deepen the existing peace painstakingly put in place by the president.
“The current peace is due to extensive consultative engagement by the acting president’s dialogue with stakeholders during his tour of the region.
“Instead of commencing some of the projects and issues raised by youth and people of the region in this period of peace to upgrade his score card, the GMD feels very unconcerned about the plight of the region,” Horny said.
Mr Tonye Jeminimiema, who spoke for Niger Delta Non Violent Youth Leaders’ Assembly noted that Minister of State for Petroleum Resources, Dr Ibe Kachikwu, had traversed the region, promising that President Muhammadu Buhari’s administration was committed to developing the Niger Delta.
Jeminimiema urged the acting president to prevail on NNPC to step up its activities to redeem Federal Government’s pledge to the region during his tour which includes the establishment of modular refineries.
He said that it was evident that the peace deal had resulted in the increase of crude output from 1.2 million barrels to two million barrels after the peace deal but regretted that the NNPC was yet to fulfil its part of the accord.
In his response, Tonjo-West appealled to the youth in the region to exercise patience, adding that plans were ongoing to open a window for discuss with the stakeholders.
According to him, Chief of Defence Staff, National Assembly, Minister of State, Petroleum and the Group Managing Director of NNPC and himself will look at the issues objectively and iron out the grey areas.
“My fear is that if the government pays deaf ear to these complaints, crisis is inevitable and one can imagine where that will lead us to, especially when the country is passing through a difficult phase in its nationhood,” he said.
Tonjo-West commended the Bayelsa State Governor, Seriake Dickson, for the establishment of the state vigilante group and the Bayelsa State Volunteers to strengthen security in the state.
He also applauded the Rivers State Government for empowerment of Youth-Based Land and Waterway Surveillance teams to boost security in the state.
Tonjo-West also commended security agencies in the region for their dogged approach to curbing crime.
He observed that there was the need for the Federal Government to team up with governors in Niger Delta states for the development of the region.
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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.
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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.
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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
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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