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Wike Accuses Army GOC Of Economic Sabotage
The Rivers State Governor, Chief Nyesom Wike, has berated the General Officer Commanding (GOC) of the 6 Division of the Nigerian Army, Major General Jamil Sarham for running an illegal oil bunkering squad for the purpose of financing his quest to be appointed the Chief of Army Staff.
Wike declared that any attempt to appoint the GOC, 6 Division of the Nigerian Army as the Chief of Army Staff, would spell doom for the nation’s failing security architecture.
He spoke, last Wednesday, during a courtesy visit by the Commander of Joint Task Force Operation Delta Safe, Rear Admiral Akinjide Akinrinade at the Government House, Port Harcourt.
The governor said: “The GOC is doing illegal bunkering, which he is using to finance his quest to emerge as the country’s Chief of Army Staff.
“He has his own team that is making money for him through oil bunkering”.
He accused the GOC, 6 Division of compromising security in Rivers State through illegal actions.
“We will have a security meeting and he will release the details to criminals. And the Chief of Army Staff will leave the man here because he is playing their role.
“How will security of the state be with such a man as the GOC? He will compromise when fighting to reduce crime; they sent us a GOC to destroy the security architecture of the state”.
Wike wondered what the Joint Task Force Operation Delta Safe would do when they encounter the illegal oil bunkering team of the GOC.
Wike said that Rivers people stopped the GOC and his accomplices from imposing a governor on the state during the elections.
“A man came to plot coup. The people resisted him for plotting coup. You want to impose a party that has no candidate for National Assembly and State Assembly elections on the people. How will such a party win the Governorship election? A party that nobody has seen their poster. Rivers people said no.
“He has result sheets. Let him bring the result sheets to the tribunal. Army now has result sheets. That is now part of their mandate”.
Wike assured the Commander of Joint Task Force Operation Delta Safe that the Rivers State Government will support their operations to ensure that they defended the Niger Delta, especially Rivers State.
He said: “Anybody who wants to help us fight crime, I will support. I will never support those involved in illegal refineries”.
Responding, Commander of Joint Task Force Operation Delta Safe, Rear Admiral Akinjide Akinrinade thanked the Rivers State governor for the supply of gunboats, security vehicles and finances for security operations in the area.
Akinrinade assured the governor that the Joint Task Force will not relent in fighting crime in the State.
“Governor Wike is a consummate politician and grassroots leader. As a man who understands national security, he understands that national security itself is local.”
“We want to seriously commend you on your numerous achievements you’ve made since your tenure. I will like to take this opportunity to congratulate the governor on the renewal of your mandate to serve the people of Rivers State for another four years”, he said.
The commander said that the Joint Task Force Operation Delta Safe has recorded successes in the protection of oil and gas facilities and the maintenance of internal security in the area.
He appealed to leaders to engage youths to shun crime and criminality for the development of the state.
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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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