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Wike Blasts Labour’s Indifference To Fuel Hike, Insecurity
The Rivers State Governor, Chief Nyesom Wike, has lampooned the labour movement in Nigeria for their indifference to the incessant increment in the pump price of petroleum products, electricity tariffs and the escalating insecurity in the country.
He said labour movement in the country was dead because it has lost its force of engagement with government, adding that the present leadership of organised labour can hardly achieve anything good for the generality of the workforce and Nigerians.
Wike made the assertion at the inauguration of the Trade Union Congress (TUC) Secretariat Building, performed by the National President of TUC, Comrade Quadri Olaleye, last Friday in Ozuoba Town, Obio/Akpor Local Government Area of Rivers State.
The Rivers State governor observed that the leadership of labour has left substance to pursue shadows, and can hardly speak in a manner that can change or achieve reversal of the many anti-people policies being implemented by the All Progressives Congress (APC)-led Federal Government.
Wike stated that under former President Goodluck Jonathan, the leadership of labour mobilised Nigerian workers against some of his policies because he was from a minority ethnic group, but has lost its voice under a president from a majority tribe.
“It is unfortunate that labour has abandoned their role in this country. You are chasing things that are personal to you. All over the world, when government is not going the right way, it is labour that comes out to say we cannot allow it. Majority of our people are civil servants and have others to cater for. But since the inception of this government, labour has died.
“Under former President Goodluck Jonathan, labour was alive. They said the country must come down because he is from a minority area. But look at what is happening. There’s increase in fuel pump price, insecurity, and incessant increase of electricity tariffs. Where is labour? Where is TUC? Where is NLC? The only thing I hear is minimum wage”.
He further said, “Let the world hear it, labour has died. Nigerians cannot get anything substantive from you. Labour is like an opposition party. Labour does not work for any ruling government, no. But now, you people are working for the ruling government. Under Jonathan, you mobilised workers to occupy Nigeria. And that is why we say there is so much injustice in this country. Because I come from a place, a minority area, you can treat me anyhow, but when you come from the other side, nobody can touch you. That is not how this country should move forward. Be firm and take decisions and know that what is wrong is wrong. Let Nigerians have confidence in you.”
Speaking on the TUC Building, Wike said his administration has provided the secretariat to strengthen the independence of organised labour so that it can perform its duties effectively.
“Mr President, what we have done here is our own little contribution to make your people independent, and work for the interest of the country, not for the interest of only minimum wage. This minimum wage will come when it will come. No governor is anti-workers. I have brothers and sisters who are civil servants, so, how will I be against them. But we must do things in ways that things are supposed to be done.”
He urged labour to always engage his administration concerning the larger issues that border on workers’ productivity and welfare beyond the demands for check-off dues.
The governor, while reacting to labour’s opposition against National Assembly plan to remove the issue of minimum wage from the Exclusive List to Concurrent List, insisted that workers must realise that the financial capacity of the federating states differ.
“Let us face reality, if we are to operate true federalism, you cannot say that the man who is in Sokoto should earn the same thing with the man who is in Lagos, it is not possible. The house rent in Lagos is more expensive than house rent in Sokoto. You cannot say that the man in Lagos should earn the same thing with the man who is in Rivers. So, people should be very realistic.
“In America, somebody who works in California cannot earn the same with the person working in Chicago. No. You people say Federal Government should fix salary. How can Federal Government fix salary for me? The President did not employ you. I employed you. I sit down with you, we negotiate, and then, you say Federal Government should fix what everybody will earn”.
The governor also agreed to support the Rivers State Chapter of the Trade Union Congress with a take take-off grant of N50million and a vehicle.
Inaugurating the TUC Secretariat, the National President of TUC, Comrade Quadri Olaleye, applauded Wike for completing the project and not abandoning it after the groundbreaking ceremony.
According to Olaleye, the governor’s achievements have made him controversial.
He explained that he was one of those who also castigated Wike for his contributions to the Judiciary but acknowledged that he understands it better now.
Providing a description of the secretariat, the Special Adviser to Governor Wike on Special Projects, Dax George-Kelly, said the two-storey building started two years ago.
“Today, the dream is real. This project is seating on 1,450-square meter of land. The secretariat has 16 offices; it has a 500-capacity auditorium, inclusive of the gallery.
“It has a conference room. It has 14 toilets cut across all the floors. There’s 100KVA generating set, 200KVA transformer already hooked up to the national grid. All offices, conference rooms and auditorium are fully and tastefully furnished”, he added.
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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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