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Outstanding Projects Delivery: Rivers Monarchs Pass Confidence Vote On Wike …Gov Dissolves Two LG CTCs
Rivers State traditional rulers have passed a vote of confidence on the Rivers State Governor, Chief Nyesom Wike for his outstanding development strides that have improved the lives of the people.
Hundreds of the traditional rulers under the leadership of the Chairman of the Rivers State Council of Traditional Rulers and Amanyanabo of Opobo, King Dandeson Douglas Jaja trooped to the Government House, Port Harcourt, yesterday, where they made their position public.
Moving the motion for a vote of confidence on Wike, Eze Ekpeye Logbo, Eze Robinson O. Robinson said that the traditional rulers are happy with the performance of the Rivers State governor.
The Okaan-Ama Ngo, King Job Williams Okuruket-Nnabiget XIV, who seconded the motion, stated that Wike has entrenched good governance in the state.
In his address, Chairman of the Rivers State Council of Traditional Rulers and Amanyanabo of Opobo, King Dandeson Douglas Jaja said Wike has rolled out projects in all the 23 local government areas to the appreciation of the people.
He said: “As fathers of the state and custodians of our culture and tradition, we acknowledge your laudable achievements since you emerged governor of our state.
“Your achievements are legion and for want of space, we cannot enumerate all of them in this address. But suffice it to say, you have done us proud. For the achievements and the level of development in every sector of our economy, we jointly and severally move a vote of confidence on you and your government.”
Responding, Rivers State Governor, Chief Nyesom Wike assured the traditional rulers that his administration wouldl continue to develop all parts of the state.
He said: “This vote of confidence will enable us serve the people of Rivers State better. Our success was made possible because of the synergy between the State Executive Council and the traditional rulers”.
The governor thanked the traditional rulers for their support for the administration and their commitment to the development of the state.
He stated that he believes in adding value anywhere he works, pointing out that the administration will take the state to the next level.
“I thank our royal fathers for this honour. I urge all Rivers people to work for the development of the state wherever they may find themselves. We will continue to protect the interest of the state”, he said.
The governor noted that Rivers people must never see themselves as second class citizens.
He said that if there were first class citizens, it would be Rivers people whose resources feed the nation.
The governor charged the people of Rivers State never to be party to any plot to negotiate the sale of the state.
Meanwhile, the governor, yesterday, dissolved the caretaker committees of Khana and Gokana local government areas.
In a statement by the Special Assistant to the Governor on Electronic Media, Simeon Nwakaudu, the governor said that the dissolution was with immediate effect.
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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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