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PDP Extends Makarfi’s Tenure, Prays For Buhari …As Jonathan, Banigo Predict Party’s Victory In 2019

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The Peoples Democratic Party (PDP), last Saturday, extended the tenure of its Sen. Ahmed Makarfi-led National Caretaker Committee by four months.
It would be recalled that the tenure extension, which is effective from last Saturday, was one of the resolutions of the party at its Non-Elective National Convention held in Abuja, at the weekend.
The caretaker committee was constituted on May 21, 2016, at the party’s National Convention in Port Harcourt, after the dissolution of the Sen. Ali Modu Sheriff-led National Working Committee.
Its mandate was to organise an elective convention within 90 days, but the tenure was extended by 12 months in another convention in Port Harcourt on August 17, 2016, following leadership crisis that engulfed the party.
Minority Leader of the Senate, Sen. Godswill Akpabio, who moved the motion for the new extension, said that it would enable the committee to organise an elective convention that would produce elected national leaders of the party.
The motion, which was seconded by a former governor of Jigawa, Alhaji Sule Lamido, was unanimously adopted by the convention delegates.
The delegates also ratified the dissolution of the factional executive committees of the party in Anambra, and authorised Makarfi’s committee to set up a caretaker committee in the state.
The motion on the Anambra issue was moved by the Rivers State Governor, Chief Nyesom Wike, and in adopting it, the delegates mandated the national caretaker committee to organise congresses at all levels in the state as soon as possible.
Also ratified at the convention was the dissolution of executive committees of the party in Adamawa, Borno, Kebbi, Ogun, Kwara, Osun and Lagos, and fresh congresses were ordered in the states within three months.
The delegates agreed that the crises in the states should be resolved within the period but prior to the congresses.
The PDP National Convention also approved the setting up of caretaker committees for Adamawa, Borno, Kebbi, Osun, Lagos, Kwara and Ogun states.
This followed a motion moved by Governor Aliyu Dankwanbo of Gombe and seconded  by Governor Okezie Ikpeazu of Abia State.
The convention also ratified and reaffirmed the election of the party’s executive committees in zones and states where congresses were successfully conducted.
The motion on this was moved by Prof. Jerry Gana and supported by Chief Emeka Ihedioha, a former deputy speaker of the House of Representatives.
Meanwhile, in a show of love, opposition Peoples Democratic Party (PDP) says that it will continue to pray for the full recovery of President Muhammadu Buhari.
The National Chairman of PDP, Sen. Ahmed Makarfi, said, last Saturday, in Abuja, that it was the desire of the party that Buhari should be well soon.
“We mean well for our president. We will continue to pray for him, we want him to be fit but that does not mean that we will go to sleep. We will work hard to win the 2019 elections,’’ he said.
He described the non-elective convention of the party held, last Saturday, as an affirmation that the PDP was a government in waiting.
Makarfi commended the security agencies for ensuring that the convention was conducted in a secured environment.
He also commended the Independent National Electoral Commission (INEC) for being unbiased and for demonstrating its independence.
Meanwhile, the former President, Dr Goodluck Jonathan, says that the Peoples Democratic Party (PDP) had returned from limbo and would reclaim power in 2019.
Jonathan asserted this in his address at the party’s a special national convention at Eagle Square, Abuja, last Saturday.
He said that the party’s achievements while in power would rekindle the confidence of the electorate to vote it back in power in the 2019 general elections.
“The party is indeed back to reclaim its prime position as the party to lead Nigeria to greatness.
“As a human institution, we cannot claim to be perfect and as a political party, our accomplishments up to 2015 are clear for every Nigerian to see,’’ he said.
According to Jonathan, the achievements of the party while in power are ample evidence to demonstrate that PDP is a party of vision and accomplishments.
Highlighting achievements of the party, he said that elections conducted from 2011 by the government controlled by PDP met globally-accepted standard.
“We succeeded in doing that because of the leverage and the autonomy we gave to the Independent National Electoral Commission (INEC).
“PDP is a party that wants to place Nigeria in a position to compete favourably with other countries,’’ he said.
On the economy, the former president said that PDP provided focused leadership through institutional and sectoral reforms which impacted positively on the country, especially in the last four years of our tenure.
“We tamed inflation at a single digit, maintained price stability, and drove the economy to become the largest in Africa.
“We also made Nigeria to be the number one foreign direct investment destination in the continent,’’ he said.
According to him, in 2012, PDP ensured that prices of food remained stable in spite of flood which affected 50 per cent of farmlands along the flood plains of river Niger and Benue.
Jonathan said that the country was able to regain its goodwill internationally because the PDP pursued programmes and policies that were not only rewarding but were copied by other countries across the globe.
“We can recall that our agricultural transformation agenda transformed key agricultural value chains, boosted local production and created a new generation of young commercial farmers.
“The introduction of electronic wallet checked corrupt practices in the distribution of fertilizer and enabled farmers to get fertilizer like all other agro inputs.
“In the same vein, the YouWin programme empowered a crop of young Nigerians to go into entrepreneurship and in turn employed others,’’ he said.
Jonathan said that though his administration did not block all the loopholes, it came up with strong innovations to fight corruption.
According to him, we introduced the Bank Verification Number (BVN) and the Treasury Single Account (TSA) which has helped to reduce corruption.
“Government is run by policies, the creative thinking, brains in the executive council and in the civil servants were harnessed to get to where we are.
“If elected in 2019, PDP will fight poverty and ensure that food prices are reduced,’’ he added, and urged Nigerians to partner the party to restore good life in the country.
Similarly, the Rivers State Deputy Governor, Dr. Ipalibo Harry Banigo has expressed confidence that the People’s Democratic Party (PDP) will take over the reins of governance at the centre in 2019.
The deputy governor stated this while fielding questions from news men shortly after her arrival at the Port Harcourt International Airport, Omagwa, after attending the non-elective congress of the Peoples Democratic Party in Abuja.
Banigo, who said the party has decided to learn from the mistakes of the past, disclosed that the “PDP is back, strong, united and poised to take over the leadership of the country in 2019”.
The deputy governor, who described the convention as a huge success, said the “atmosphere was so electric, there was so much unity and people were encouraged to ensure the party gives Nigeria the leadership she deserves”.
Banigo, who congratulated the leadership and members of the party for the success recorded, specially thanked the State Chief Executive, Chief Nyesom Wike, for providing quality leadership in Rivers State.
According to her, ”only the PDP can restore the lost glory of Nigeria”.

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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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