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9th NASS Leadership: We’re Yet To Take Stance -PDP …Tasks Army, Security Agencies To Track Political Mercenaries
The Peoples Democratic Party (PDP) yesterday said its leadership and elected federal legislators have not taken any official position on who to support for the positions of presiding officers of both the Senate and the House of Representatives.
The party’s position was predicated on reports suggesting that its members-elect in the House of Representatives have settled for a particular aspirant as the new Speaker.
In a statement by its spokeman, Kola Ologbondiyan, PDP said it was “still consulting with its members-elect and no official position has been taken on the issue, particularly as the positions of presiding officers are not exclusive preserve of the ruling party or any other party for that matter, but a constitutional right of every elected lawmaker in their respective chambers.”
The statement reads: “Moreover, the PDP has an array of elected lawmakers, in both chambers, who are eminently qualified and equally popular among their colleagues, across the divide, to hold office as presiding officers of both chambers of the National Assembly, in line with Section 50 of the 1999 Constitution (as amended).
“What is important to Nigerians is the emergence of a purposeful leadership that will ensure accountability and good governance in the polity.
“The PDP as a party committed to the wellbeing of our nation, will remain focused in our determination to rescue our nation from incompetent system and therefore urges Nigerians to discountenance such reports suggesting that our lawmakers have settled for a particular aspirant for any presiding office in the National Assembly.
Meanwhile, the Peoples Democratic Party, PDP, has tasked the Army and other security agencies to track down political mercenaries and thugs allegedly smuggled into the country by the All Progressives Congress, APC, that aided the rigging of the 2019 general elections.
The party also urged the army and other security agencies to compel the APC to immediately disclose the identity and whereabouts of the mercenaries and their traffickers to enable them (security agencies) to urgently flush them out and shield the nation’s democracy from further security threats.
In a statement signed by the spokesman, Kola Ologbondiyan, the PDP said were it not for the role of the political thugs, the ruling party would not have secured the votes declared in its favour.
The statement read: “Nigerians can recall that the PDP had raised the alarm when the APC, seeing that it cannot win in a free, fair and credible election, compromised our territorial borders to bring in political mercenaries from other countries to participate in their campaign rallies, as well as assist them in perpetuating violence.
“Nigerians can also recall how APC agents unbridled violence on voters in Kano, Kaduna, Rivers, Kogi, Taraba, Adamawa and other states of the federation to muscle votes for its candidates, particularly in the Presidential election; and how the APC leadership stood in staunch defence of the compromising of our territorial borders as well as the violence that characterized the elections.
“This was in addition to apprehensions of possible plots by the APC to use the thugs to cause confusion and derail our democratic process, should they fail to rig the elections.
“It is instructive to note that the APC had not been able to state the whereabouts of these thugs after the elections, a development that has raised fears that they had filtered deeper into our national territory and population, given the escalation of banditry and associated acts of violence in many of our states, including Zamfara, Borno, Yobe, Taraba, Kaduna, Katsina among others, since after the elections.
“The PDP, therefore, restates our demand for an investigation into the alleged link between the APC and the ugly security situation in our nation. This is particularly as the APC is now overweighed by public disapproval and opprobrium for rigging the election, and being faced with huge legitimacy challenges ahead, can resort to all manner of shenanigans just to divert public attention from its odious status.
“The PDP, as a law-abiding party, committed to the unity, stability, and sovereignty of our nation, as well as the deepening of our democratic process, stands with Nigerians in their refusal to be distracted by the APC in the determination to get justice for our nation at the tribunals.”
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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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