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Mass Projects Commissioning In Rivers, Soon -Wike …Flags Off Water Projects Execution In Two LGAs
Rivers State Governor, Chief Nyesom Wike has declared that the State Government will commission several key projects between May and December 2018.
The governor spoke yesterday after leading members of the National Assembly, Elder Statesmen and the management of Leadership Newspaper on projects inspection.
Governor Wike will be enthroned as the Leadership Newspaper Governor of the Year 2017 on March 29, 2018.
Governor Wike said that majority of the key projects under construction will come on stream in May, while others will be completed after the third anniversary.
He assured the people of Rivers State that his administration will never take the mandate of the people for granted, saying that he will continue to deliver pro-people projects.
“From May to December, 2018, we shall be commissioning projects on a regular basis. I am happy with the quality and pace of work at the project sites.
“My joy is that we have lived up to the expectations of Rivers people and we have made our party, the PDP very happy. The projects will continue for the good of our people “.
Commenting on the State Cultral Centre which is nearing completion, Governor Wike noted that that all the furniture of the facility are in place for the targeted May 2018 completion.
Governor Wike took the Chairman of Leadership Newspaper, Mr Sam Nda’Isaiah on a tour of Port Harcourt Pleasure Park Cinema and Restaurants, Cultural Centre, Creek Road, Bonny/Bille/Nembe Jetty, Judges Quarters,Mother and Child Hospital, Produce House, Court of Appeal and National Industrial Court.
Speaking on behalf of the Leadership Group, Director Leadership Group, Mr Michael Okpere commended Governor Wike for turning Rivers State into a major construction site.
He said: “These projects generate employment, they generate revenue and the create opportunities for the people”.
Senator Representing Rivers West Senatorial District, Senator Osinakachukwu Ideozu said that the projects inspection have revealed a high level competent management of resources by Governor Wike.
He said: “I see high level management of resources. I see diligence. I see a man who is after the utility of these projects. If we have been doing this kind of well articulated projects in the past, the state would have moved far beyond the level we are today.
“I was a Finance Commissioner , I didnt see this level of coordination. Even though there was vision, but coordination is very important. I see the perfect liaison between coordination and vision”.
Former Minister of Transport, Dr Abiye Sekibo said that the projects being executed by Governor Wike touch the core of the existence of Rivers people.
He said: “You keep seeing new things . Having worked in this state all these years, I see the projects that we visit are projects that touch the core of the Rivers man. I am most impressed.
“All I can say is that we have finally seen a man who is doing what the Rivers people want. Let us all stand behind him , give him support, give him peace , so he can continue to do what he is doing. These are beautiful projects and we thank God for what Governor Wike is doing for us”.
As usual, Rivers people turned out in their numbers to celebrate Governor Wike on projects inspection.
Meanwhile, in continuation of the state-wide roll out of projects, Rivers State Governor, Chief Nyesom Wike, last Wednesday, flagged off the execution of Rivers State Government, European Union and United Nations Children’s Fund (UNICEF) Water and Sanitation projects in two local government areas.
Performing the flag off at Nkoro town school in Opobo-Nkoro Local Government Area.
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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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