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Another First 100th Day Mark: As Wike Reinvents Rivers
This week will witness a water mark in the history of the Rivers State with the second term of the Wike administration running into its first 100 days. This time around, the good people of Rivers State will not miss out on a harvest of programmes and projects that will be recorded in favour of the administration. Ranging from roads to public buildings and even markets, the list of such landmark endeavours is nothing but impressive. Although most of such projects under consideration were started and completed during the first term, the seeming adoption of the maxim that ‘action speaks louder than words’, by the administration, may account for its muted stand on the fanfare that should have celebrated the completion of each of them. Hence, even if the administration does not celebrate its accomplishments on individual basis, the beneficiary, Rivers people do so in their individual capacities.
As an original ‘Port Harcourt (Town) Boy’ from pre-Civil War years, this author enjoys the privilege of having witnessed the undulating fortunes of the Rivers State in general and Port Harcourt in particular. He can therefore vouch authoritatively that the Wike administration is driving a reinvention agenda for the state. And hate him or like him, the tell-tale signs of that dispensation, are all too obvious to be missed. After all, was it not a renowned minister of the gospel that recently pointed out that nobody can successfully argue against hard, real life evidence?
While space may fail this piece to outline all of the projects, the mention of just a few will serve. Take for instance the Rumuwoji Market popularly miscalled ‘Mile One Market’, which remains iconic in the complement of Wike’s administrative style. Given the convoluted history of the market – at least, since efforts to restructure the facility in recent times, its story has been one of unending concern over several setbacks including fire outbreaks, political intrigues and policy somersaults by previous administrations. Compared to its previous state which was described by Wikipedia as one of Africa’s largest open markets, Wike’s intervention has turned it – perhaps into one of the continent’s most improved shopping facilities. Complete with all the relevant support facilities for such a project, including a firefighting capability, clinic and security provisions, the market is simply a world class shopping centre – a far cry from the Wikipedia description.
Moving over to the Fruit Garden along Kaduna Street is another sweet experience in tracking government in action. Until it was burnt down in a fire incident in 2018, the Fruit Garden Market was simply a typical African-style,railroad-side, collection of make shift shanty stalls, and expanded on a daily basis. This was until it became simply unmanageable and a problem for the flow of traffic along Kaduna street Road and adjoining areas of ‘D Line’. Today, the Wike touch has transformed it into an architectural masterpiece that is fit for the beautification of any city in the world.
Leaving the market scene, one can mention the new Woji- Akpajo Dual Carriage Expressway. Combining its new state with the renovated Old Refinery Road which traverses Elelenwo Town and links the Oil Mill Junction and Akpajo, the result has been a complete and unprecedented make-over of the entire environment, with the upsurge in business startups completing the picture of a reinvention tale. And as it is with the few mentioned projects so it is for other areas of intervention by the administration.
However, it may be inequitable for the administration if its credit rating is confined to just physical projects, as actual administrative style and efforts also define the integrity of any administration. Hence, for the administration, the restoration of sanity on the streets of Port Harcourt also qualifies for mention. For the past fortnight, the administration has been engaged in a series of face-offs with hordes of street traders and its roadside artisans who with impunity turned Port Harcourt and its environs into a free for all theatre of the absurd. Daunting as the task of reining in street traders and artisans may be, the approach by the governor created significant relief to both the enforcers and the affected, in the push for a cleaner Port Harcourt.
He had started with facilitating enabling laws for the exercise given the absence of same in the state’s statute books. This approach not only guaranteed the compliance with procedure by all actors in the exercise, but went further to accentuate a law abiding disposition of the governor. With such an approach, he instills confidence across the State, that come what may, he will stand on the side of the law.
An immediate spin-off this disposition came into play with the recent stir over the alleged demolition of a mosque in the Trans Amadi area of Port Harcourt. In spite of the attacks on the administration and even his person from interests across the country and even beyond, the only defence was based on the position of the law on the matter. And given the course of events all through his first term and the newly commenced second one, it is to state the obvious that the days of trial for his administration are not over. In fact in all realism, suffice it to be stated that more shall come and perhaps even in more sophisticated forms and shapes.
Meanwhile, until such come his way, let all of Rivers State mark the passage of the first 100days of Wike’s second term with optimism, as the African proverb says that ‘a chick that will be a cock in future, can be identified soon after being hatched’.
Monima Daminabo
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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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