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PH Residents Agonise …As Tanker Fire Razes Church, Hotel, Shops

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Fire has destroyed property worth billions of naira in Rivers State after a tanker loaded with Automotive Gasoline Oil (AGO) rammed off the G.U. Ake dual carriage way in Obio/Akpor Local Government Area of the state and ditched into a flower garden.
The fire destroyed a church, Christ Living Miracle Church, a hotel, four shops, an event centre and a flower garden near Eliozu flyover on the G.U. Ake Road.
It was learnt that the tanker, which was trying to manoeuvre a bend on the road, had fallen into a flower garden along the road and exploded in flames.
The General Overseer of the affected church, Bumi Grace noted that the incident happened around 5a.m., yesterday, adding that none of the victims was able to save any of their belonging.
Grace said: “When the tanker fell and fire started, the electricity transformer close caught fire, exploded and the fire spread the more. Before fire fighters came, the fire had gone far.
“The incident will affect our service, but we must gather to worship God. What was destroyed here is over N300 million because we did not remove anything here.
“I was in the house when I received a call that my church is on fire. I got a vision of fire incident, and we organised a prayer and fasting. We finished prayers yesterday and this morning this thing happened.”
Also, one of the shop owners, Amaka Ugu disclosed that this is the third time tanker has fallen on that spot and called on the government for prompt attention.
“What I have lost is over a million naira, but my neighbour lost over N12 million because he just came back from market. He sells rugs.
“When I woke up somebody called me that another tanker had fallen. This is the third time tanker is falling here this year. The government has to do something about this.”
An event and catering centre worth over N500million was burnt by the fire.
According to an eyewitness, Master Jacob Nkem, the driver lost control and the tanker burst into flames.
However, it took the efforts of personnel of the Rivers State Fire Service and those of Shell Petroleum Development Company (SPDC) to bring the situation under control.
“This is not the first time a tanker carrying diesel has fallen in this area”, a taxi driver, Master Job, who plies the Air Force, Rumuokoro route stated.
“Three months ago, a tanker loaded with petroleum products lost control, somersaulted and burst into flames as buildings, cars and property were destroyed alongside the tanker.”
The taxi driver wondered why the drivers and conductors were not hurt in these two separate incidents.
He went further to state that the accident happened at the same hour and almost at the same place.
A middle-aged woman, who chose to remain anonymous, narrated how at about 5.00am, yesterday, a tanker rammed into her shop, and fire consumed all her property, including her academic certificates.
Reacting to the incident, the state Commissioner for Special Duties, Emeka Onowu regretted that the tanker accident was the third of such unfortunate incident at that same spot in three months, and promised to liaise with his counterpart in the Ministry of Works to construct speed breakers around the area to check over-speeding by motorists.
In his remarks, the state Commissioner for Works, Hon. Dumnamene Dekor, described the incident as sad and pathetic, adding that the accident was as a result of human error.
He said: “The incident would have been avoided. The damage is enormous. It would have been averted because I believe it occurred as a result of some human error.
“I have not ascertained the product, but from what we can see, it is a petroleum product because that is what can cause this level of damage.
“The incident has also damaged this road. We have lost over 200 metres of this road. The impact is so heavy. The only thing we need to do is that we will ensure that at this bend, we will ensure devices are built to make drivers reduce their speed on this roads.
“We will take certain steps to put this to a stop. We are encouraging every user of our road to apply caution. We appeal to those who have lost anything here to remain calm while everything will be addressed.”
The Chairman of Obio/Akpor Local Government Council, Prince Solomon Abel Eke has described as most unfortunate the tanker explosion along Air Force/Eliozu Road which destroyed residential buildings and business concerns.
Eke, who stated this after visiting the scene of the incident, yesterday, appealed to drivers plying the route to be conscious when approaching the bend before the Eliozu over-head bridge.
The Obio/Akpor chairman, therefore, empathised with those affected by the tanker explosion, and prayed God to strengthen them.

 

Emeka Sabastine Igbe

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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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