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Real Madrid Academy’ll Educate Kid Football Stars -Wike

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The Rivers State Governor, Chief Nyesom Wike has declared that the Real Madrid Academy would empower upcoming football stars with the requisite formal education to effectively rule the sporting world.
Addressing journalists after inspecting ongoing construction of hostels and additional classrooms at the Real Madrid Academy in Port Harcourt, yesterday, Wike said several footballers were short changed in the past due to lack of formal education.
The governor said: “We are combining education and football in this academy. We felt that while they are playing football, they should be educated. So, that those that may not make it, will continue with their education.
“While those who have made it in Football, will also have a formal education. Part of the problem we have had, is that most of our footballers don’t have formal education. Sometimes, it affects them in terms of negotiation and knowing what you are supposed to do.”
He expressed satisfaction with the quality of work at site of the hostels and additional classrooms, saying it is world class.
“I am quite impressed with the quality of structures of hostels and additional classrooms. With what we are seeing, before the next academic session, this phase will be ready.
“This will be the best in Africa. I don’t know any country in Africa that will have this kind of facility”, he said.
Wike noted that sports is one of the outstanding economy boosters, hence the commitment of his administration to use it as a driving force to empower the youths.
He said: “Sports today is one of the key factors that make a nation great. It attracts foreign exchange and the rest of it. I believe that there are so many of our youths who are talented and they don’t have the opportunity to bring out their potentials.
“In trying to help our youths to bring out their potentials, we should do it amongst the best. Real Madrid as far as I am concerned is the best in the world. We felt that Rivers children should go for the best.
“We thank God that Real Madrid agreed to partner with us to establish an academy here, which will make our children play in the best teams of the world.
“Last time, we sent our children to have a feel of the best when they went to Real Madrid. They were all happy. You saw the kind of football they exhibited when the academy was commissioned.
“Football is a great thing today. When I heard that Neymar was sold for that huge amount of money, I don’t think any other profession will give you that kind of money. You can imagine the kind of talents Brazil has exported and the kind of foreign exchange they have attracted.”
Wike said that with the quality of investment by his administration, he believes that the Real Madrid Academy will stand the test of time, even after he has left office.
He said: “This Academy will not only serve only externally, it will also beef up our local football clubs.
“I believe by the Grace of God. Government is a continuum. I will do my best. I will take it to the level that the world will know about it. When I leave, I believe that those who will take over the affairs of the reins of government would continue.
“I cannot speak for who comes me. But I pray that the standard we have set should not come low. As I place it at the world level, I expect the person who will take over will continue to make it a world class facility.”
Preliminary training programmes have started at the Real Madrid Academy, which was commissioned by the Oyo State Governor, Engr Seyi Makinde amid pomp and ceremony.
The technical staff of the academy have been trained, while the first set of students have been admitted and the official agreement between Rivers State Government and Real Madrid signed in Madrid.
Meanwhile, the Rivers State Governor, Chief Nyesom Wike has explained that his administration has put in place an organisation that will independently run Real Madrid Academy in order to achieve the objectives of establishing the institution.
In an interview, yesterday, at the Government House, Port Harcourt, Wike said that the framework that his administration worked out was satisfactory to Real Madrid Football Club.
He said: “We were able to assure Real Madrid that we have put in place an organisation, that even though government will fund it, the organisation is totally independent to run it, so that there will be no interference from government.
“We had in-house sceptics who didn’t believe that Real Madrid will agree to open an academy here in Port Harcourt. We also had the challenge of the location of the school. We thereafter resolved to site it at the Yakubu Gowon Stadium.
“We are committed to achieving results as far as the Real Madrid Academy is concerned. What is important is identifying what we want to do and going ahead to do it.”
Wike expressed optimism that the academy will outlive his tenure because the goals are youth-centred and the necessary steps already taken to ensure sustenance.
“My prayer is that whoever will succeed me should not allow the dream to die. It will be quite unfortunate killing the dream of youths. It will not be taken lightly. The youths will never forgive such a person. What is important, don’t kill the dream of youths.
“God will pick someone who will continue with this dream to allow the children who want to excel to have the opportunity. Football is the in thing today. Every weekend, midweek, most of us don’t go out, because we want to watch matches as Football has taken a central role in the unity of nations, in the economy of nations, and therefore, I don’t think any development conscious person would want to kill this dream.

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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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