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Court Dismisses Alaibe’s Case Against Bayelsa Gov
The Federal High Court sitting in Owerri, capital of Imo State, has dismissed a case brought before it by a former governorship aspirant in the 2019 elections in Bayelsa State, Chief Timi Alaibe, for lacking in merit.
In a two-hour judgment of case No FHC/OW/CS/30/20 delivered, yesterday, Justice T.G. Ringim struck out most of the reliefs sought by the plaintiff (Alaibe) for failing to prove that the first defendant, the Peoples Democratic Party (PDP), wrongly nominated the second defendant (Governor Douye Diri) as the validly elected candidate of the party.
Justice Ringim noted that the plaintiff’s application was not status barred because he met the time frame from the primary to the period he challenged the matter, saying: “Every primary election matter should be filed not later than 14 days period after the primary.”
He, however, stated that the case was an internal affair of the party.
Justice Ringim also ruled that the plaintiff was incompetent to urge the first defendant to conduct a fresh primary having conducted the party’s primary on September 3, 2019.
Meanwhile, youth members of the Peoples Democratic Party (PDP), yesterday, besieged Wadata Plaza, Abuja, national secretariat of the party, seeking among others, the expulsion of Timi Alaibe from the party.
The youths under the auspices of PDP National Youth Rebirth Forum, in their numbers, displayed placards in solidarity with Governor Duoye Diri, and called on the leadership of the party to save Bayelsa from Alaibe, describing him as an agent of the All Progressives Congress (APC).
Alaibe, a former managing director of the Niger Delta Development Commission (NDDC) is currently in court seeking the disqualification of Duoye on grounds that the primary election that produced him breached the provisions of the party’s constitution.
Addressing journalists in Abuja, National President of the forum, Bonire Solomon, said the case instituted by Alaibe could threaten the ongoing peace in the state chapter of PDP, if not well handled.
He said: “The ongoing court case if not quickly handled and decisively too, has strong potential to derail the party in Bayelsa or, God forbid, can make the party lose out entirely if not settled immediately.
“We have received a very credible report that Timi Alaibe, who cannot in any way benefit from the current court case, is all out to do the bidding of some external forces in order to underline and destroy the control of Bayelsa by PDP.”
The group urged the Prince Uche Secondus-led National Working Committee (NWC) to take a cue from “what recently happened in Kogi, where a party aspirant took the gubernatorial candidate to court and invalidated the candidacy of the party and render our efforts at the Kogi electoral tribunal useless, except the appeal court upturns the judgment of the High Court.”
Although the group noted that the former NDDC boss may have had a solid ground to feel aggrieved, it faulted the haste with which he went to court to seek redress.
Solomon continued: “We have found out that Alaibe did not exhaust the internal redress mechanism of the party as required by the constitution before proceeding to court against our party and her candidate, an action the law requires punitive measures for.”
The forum, therefore, demanded the immediate expulsion of Alaibe in compliance with Section 57 (3) of the PDP constitution.
However, while reacting to the protest, Alaibe said the Judiciary should be allowed to decide the case without interference.
“The court should be allowed to do its job,” he said.
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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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