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Rivers: Private Schools To Apply For Fresh Approval …As Wike Issues Two Weeks Ultimatum …Charges New UBE Board On Education

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In a move to ensure that only standard schools operate in the state, the Rivers State Governor, Chief Nyesom Wike has directed all private schools to apply for fresh 2019 operational approval.
Wike also directed that the application for operational approval must be done by all schools within the next two weeks.
The governor gave the directive in a meeting with all private school proprietors in Rivers State at the Government House, Port Harcourt, last Friday.
He said: “All the schools must apply for operational approval within the next two weeks. We will set up committees that will recommend the approval of schools. All the schools in the state must be the required standard”.
The governor said that his second term is committed to improving the right standards in the education sector for the good of Rivers people.
“The governor’s office will review all the approval of schools. All the existing approvals by the Ministry of Education have been cancelled. For this process, there will be no room for bribery and corruption”, he said.
On the issue of revenue paid by schools, the Rivers State governor directed that all levies must be paid through approved designated bank accounts, insisting that anyone who demands for cash payment should be reported to security agencies via designated phone lines.
He said that the Office of the Secretary to the Rivers State Government would publish the telephone lines that school proprietors should contact in case they are pressured to pay illegal levies.
The 23 local government chairmen and permanent secretaries attended the meeting.
Meanwhile, the Rivers State Governor, Chief Nyesom Wike has sworn-in the reconstituted Rivers State Universal Basic Education Board (RSUBEB) with a charge to members of the board to work towards the development of the basic education sub-sector.
Wike also charged the reconstituted board to ensure that head teachers and principals of basic schools don’t collect any forms of levies from pupils and students.
Addressing the board members after their oath of office, the governor said that the board must work towards making meaningful contributions to grow the state.
He said: “You must key into what we are doing in the state. This is your time to contribute to the development of the state.
“This is a privilege to work for the good of Rivers State. This is not the time to seek making money from the system”.
The governor urged the reconstituted board to work towards improving the school enrolment figures in the basic education sub-sector.
He advised the board members to cooperate with the board chairman to deliver on their responsibilities to Rivers people.
“If there are things you need, channel it to the appropriate authorities. As board members, leave the comfort of your offices and monitor the events on the field to know the true position of things”, he directed.
In his response, the Chairman of the Rivers State Universal Basic Education Board, Ven Fyneface Akah thanked the governor for the second opportunity to serve the state.
He said they are prepared to work with the Rivers State governor to develop a functional institution for the growth of the state.

 

Chris Oluoh

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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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