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South, Middle Belt Leaders Slam FG Over Insecurity, Abuse Of NASS …Insist On Restructuring

Published

8 years ago

May 4, 2018

Leaders of the South and Middle Belt, yesterday condemned continued killing of Nigerians across the country by herdsmen and terrorists even as they slammed the President Muhammadu Buhari-led Federal Executive for their tolerance for growing insecurity and flagrant disregard for the legislative arm of government.
The group has also reiterated its call for devolution of power, and a wholistic look at the 2014 National conference report with a view to actualising the recommendations capable of reuniting the various ethic groups the more for a greater country as well as help build a solid economy for the nation.
The South and Middle Belt Leaders Forum stated these during a courtesy call by the group led by Chief Edwin Clark on the leadership of the Senate in Abuja.
Speaking on behalf of the body, the President-General of Ohanaeze Ndigbo, Chief John Nnia Nwodo, said the recent invasion of the Senate by thugs that forcefully snatched the mace of the upper chamber and the refusal of the Inspector General of Police, Ibrahim Idris, to honour the summons of the Senate were clear indications of the Executive’s disregard for the institution of the National Assembly.
Nwodo said: “We have come to you at a very difficult time in the history of our country. We are visiting the National Assembly because of its unique position in our constitution. The democratic system we run in our country rests on the three organs of government.
“For these three arms, the other two function in accordance with laws made by this arm. This arm characterises democracy because in a military government you will have both the judiciary and the executive.
“But it is only in a democratic government that you have the parliament. The parliament is a microcosm of the people because every section of the country has by adult suffrage delegated its voice to this parliament.
“So we believe that by visiting you today, we are coming to speak to the conscience of the country. We ask that these discussions today be as frank as possible because in situations like this, unless the National Assembly rises like one man, with a conscience, commitment and patriotism, to unveil the facade of partisan politics, partisan advantages, and face the real issues we stand of the edge of a precipice.
“We have watched the helplessness of the National Assembly where members of the executive even refuse your invitations to come and make explanations contrary to provisions of the constitution.
“We have found the helplessness of the Senate when you can be invaded in spite of the security adornment in this place controlled by the executive and the seat of the Senate President is almost invaded but for the personal security of the aides of its leadership.
“This is because our system makes the tail wag the dog rather than the dog wag the tail. This cannot be in a fountain of legislative authority for executive implementation, and yet they toy with the system.
“We have come to tell you that it is in our view that it is because we have this over-concentration of Powers in the Federal Government contrary to the agreement that our forefathers entered into for the nation called Nigeria. That governance has failed in our country. That economic development has failed,” he said.
He called for the revisit of the power devolution. clause that was rejected in ongoing constitution alteration process as promised by the National Assembly.
He said: “We believe that many of the problems that we have in our country emanate from the constitution of our country. We know that the National Assembly has had debate on devolution of powers and we know, Mr. President, that you did promise the nation that you will have a revisit to this issue.
“We have come to ask you to bring up the revisit. We consider it urgent and inevitable because we believe that all problems we have today in Nigeria emanate from the fact that our constitution is not right for a country constituted by people of diverse culture, diverse religion, diverse political persuasions as our country,” he said.
On his part, President of the Senate, Dr. Abubakar Bukola Saraki, said the National Assembly is ready to play its role to ensure that the country continues on the path of democracy and growth.
He noted that to strengthen democracy, the number one institution Nigerians must defend is the parliament.
He said the 8th National Assembly has been working hard to create enabling environment that will attract investors and that the federal legislature would continue along that line.
On the call to revisit clauses that were rejected during the ongoing constitution review process, Saraki said the National Assembly is ready to reconsider the clauses and that it would do so after the passage of the 2018 budget.
Other members of the delegation were Chief Olu Falae, Air Vice Marshall, Irangate Idongesit, Obong Victor Attah, Sen. Stella Omu, Prof. Banjo Akintoye, Chief Ayo Adebanjo, Mr. Yinka Odumakin, Dr. Chukwuemeka Ezeife, Prof. Chigozie Ogbu, Prof. Ihechukwuma Maduke, Sen. Basset Henshaw, Air Comm. Dan Suleiman (rtd), Mr. Alfred Mulade, His Highness Anabs Sara-Igbe and Lady Maryam Yunusa.

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Tinubu Hails NGX N100trn Milestones, Urges Nigerians To Invest Locally

Published

2 days ago

January 9, 2026

The Tide

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

Published

3 days ago

January 9, 2026

The Tide

The Rivers State Government has reiterated its commitment towards the welfare of veterans, serving officers and widows of fallen officers in the State.

?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.

?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.

?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.

?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

Published

2 weeks ago

December 30, 2025

The Tide

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.