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Don’t Hide Under Guise Of Curfew To Shut Operations, RSG Warns Banks, Others

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The Rivers State Government has warned companies, business operators and financial institutions in the state not hide under the guise of the curfew imposed by the government to shut down operations that may help undermine the economy of the state.
The warning comes on the heels of attempts by some firms, business owners and financial institutions to close their doors to customers in the state following the imposition of 24-hour curfew by the state government on the entire Oyigbo Local Government Area, and some parts of Port Harcourt City and Obio/Akpor local government areas.
The government’s action, last Wednesday, was sequel to some untoward criminal activities and attempts to cause chaos and breakdown of law and order by certain unscrupulous elements, ostensibly hired by enemies of the state to disrupt the peace currently being enjoyed by residents of the state.
In a statement by the state Commissioner for Information and Communications, Pastor Paulinus Nsirim, the government warned that any entity found to have taken advantage of the directive to subject the people of the state to any unnecessary hardship would be resisted, and those culpable sanctioned.
The statement reads, “It has come to the attention of the Rivers State Government that some members of the business community are using the curfew imposed in some parts of the state as an excuse to cripple government and economic activities.
“Commercial banks and other businesses are supposed to be open for normal services.
“Therefore, commercial banks where government accounts are operated are advised not to join those involved in any unpatriotic act or lose their patronage.
“For the avoidance of doubt, curfew was imposed only at Oyigbo Local Government Area, Mile One, Mile Two, Iloabuchi, Emenike, Ikoku and Oil Mill areas of Port Harcourt.
“All other parts of the state are expected to be fully open for business,” the statement added.
Earlier, the Rivers State Governor, Chief Nyesom Wike, had imposed a 24-hour curfew in the entire Oyigbo Local Government Area of the state.
Wike, in a state-wide broadcast, last Wednesday, also announced that the curfew also extends to Mile 1, Mile 2, Emenike, Ikowu and Iloaubuchi areas of Port Harcourt Local Government Area as well as Oil Mill area of Obio/Akpor Local Government Area of the state.
The governor explained that the decision to impose the curfew was taken after a State Security Council meeting which held at the Government House, Port Harcourt earlier on Wednesday.
Wike stated that while the state government appreciate and commend the peaceful nature of the ongoing #EndSARS protests, it was becoming clear by the day that the protest had been hijacked by hoodlums to unleash carnage.
“Earlier today, some hoodlums attacked and destroyed police stations and court buildings in Oyigbo Local Government Area of the state. Another set of hooligans were also on rampage at the Ikoku spare parts markets disturbing public peace and damaging property”.
Wike asserted that the state government cannot watch helplessly and allow trouble-makers to take the laws into their hands and use the current situation to create a state of panic and insecurity.
To this end, he said consequently, the State’s Security Council had decided to impose curfew in some parts of the state to secure lives and property.
“A 24-hour curfew has been imposed on Mile 1, Mile 2, Emenike, Ikoku and Iloaubuchi areas of Port Harcourt from 6.30 p.m. today, 21st October, 2020.”
“A 24-hour curfew has been imposed on the entire Oyigbo Local Government Area from 6.30 p.m. today, 21st October, 2020; a 24-hour curfew has also been imposed on Oil Mill area in Obio/Akpor Local Government Area”, he said.
The governor has therefore directed security agencies to enforce the curfew with effect from 6.30 p.m. today, 21st October, 2020.
Similarly, local government chairmen have also been directed to mobilize vigilantes and work with security agencies to ensure that no hoodlum is allowed to disturb the peace or destroy lives and property in their local government areas.
“We urge all citizens to remain vigilant and report all suspicious characters to the security agencies for immediate action. Let me appeal to our youths not to allow themselves to be used to roll-back the peace we are enjoying in the State under any pretext” he added.

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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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