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Armed Forces Remembrance Day: Wike Gives Business Grant To Widows …Says Youth’ll Have 60 Per cent Space In 2nd Term

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Rivers State Governor,Chief Nyesom Wike has announced a N30million business grant to the widows and wives of fallen heroes and war veterans of the Nigerian Legion in the state.
Speaking during a ceremony to mark this year’s Armed Forces Remembrance Day at the courtyard of the Government House, Port Harcourt, yesterday. Governor Wike said that the grant will help the women expand their businesses and cater for their families.
The governor also announced a donation of N20million to the Rivers State Branch of the Nigerian Legion. He noted that the two donations will be effective after the legion make peace amongst them The Armed Forces Remembrance Day was held at the Isaac Boro Park in Port Harcourt where Governor Wike inspected a guard of honour and released pigeons of peace.
The governor, leaders of the state and service commanders laid wreaths at the tomb of the unknown soldier, while there was a 21-gun salute for the fallen heroes.
He said: “When you settle your differences, N30m business grant for the widows and wives of the fallen heroes and war veterans will be released . There will be a donation of N20m for the Legion. In all, we are donating N50m to the Legion”.
He noted that the State Government has redeemed its pledge of N100million to the Legion.
“We have since redeemed our pledge to support the State Veterans Trust Fund with the sum of N100, 000,000.00 (one hundred million naira) to cater to the socio-economic needs of members of the State Chapter of the Nigerian Legion.
“We have also delivered the 32-seater coaster bus to ease the communication challenges legionnaires have been facing to commute their members to functions and events in the State and beyond”, he said.
The governor said the state government is honouring the legacy of both the past and present members of the nation’s armed forces who have either served or still serving for their contributions to the course of peace and national cohesion.
He said Nigeria deserves the total defeat of Boko Haram instead of the technical defeat being paraded by the APC Federal Government.
He said: “The Federal Government therefore needs to do something more pragmatic to boost the moral of our troupes, reverse the embarrassing setbacks and defeat Boko Haram. Nigerians demand a definitive, not the so-called ‘technical’ defeat of the terrorists.
“Furthermore, we must also admit that being assailed by so many economic, social and political challenges the future of our nation is clearly entangled in a dark cloud of uncertainty”.
He regretted that the Federal Government is destroying the key institutions of state and therefore endangering the country.
“Instead of strengthening, the Federal we have spent enormous time, energy and resources in the last three and half years to undermine and destroy the basic institutions that we need to guarantee our democracy, advance our progress and secure our future.
“And so, as someone rightly captured; when institutions are ruined, that’s when a nation is ruined and even wars do not destroy nations the way the breakdown of institutions do. We must therefore resolve to confront and defeat those evil forces seeking and working hard to destroy our institutions and thwart our collective aspiration for a truly united, peaceful and prosperous country”, he said.
Representative of the Nigerian Legion, Borah Thompson thanked the Rivers State Governor for his commitment to the welfare of fallen heroes and war veterans.
Meanwhile, Rivers State Governor, Chief Nyesom Wike has declared that Sixty (60) percent of appointments during his second term would be reserved for the youths.
Speaking during a meeting with youth leaders from all the wards of Rivers State at the Rivers State PDP Campaign Office, Governor Wike said that his second term would be used to groom youths for leadership positions.
He said: “When we return for our second term in office, the youths will take 60 percent of appointments. The elders have had their day during the first term. The second term will be for the youths.
“We will groom youths who will take our state to a higher level”.
The governor added that youths will play a key role in ensuring the victory of the PDP in the forthcoming general election. He said Rivers youths should stand up to defend their votes every step of the way.
He noted that the PDP Campaign will focus on reaching everybody at the grassroots, hence the declaration that every politician must deliver his/her polling unit.
“I have said no more leader at the Local Government and ward level because we are taking power to the units. Everyone should take responsibility for his/her unit”, he said.
The governor urged the youths to protect their permanent voters cards as the APC has set up a committee to steal the PVCs.
He added that during his second term, his administration will expand women and youth empowerment opportunities across the State
Governor Wike called on the youths to work for the victory of Atiku Abubakar at the polls, saying that the state stands to benefit nothing from the Buhari administration.
He noted that the key position of the Minister of Transportation in the Buhari administration has been of no benefit to Rivers State.
The governor said the marginalization of Rivers State would worsen should Buhari get a second term.
He reminded them that as a Minister during the Jonathan administration, he attracted key projects to Rivers State, despite having issues with the Amaechi administration at the time. He said that Amaechi has no reason not to attract projects to the state.

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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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