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PDP NEC Fixes Elective Convention In Abuja, Oct 30

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The National Executive Council (NEC) of the Peoples Democratic Party (PDP) has approved Abuja as venue for the party’s elective national convention scheduled for October 30 and October 31.
The party’s National Publicity Secretary, Mr Kola Ologbondiyan, disclosed this while reading the resolutions of the party’s 92nd NEC meeting held, last Saturday, in Abuja.
Ologbondiyan said that the NEC would also meet on September 9, to review nominations and adopt zoning of national offices of the party.
“NEC has resolved that Abuja will be the venue of the PDP national elective convention slated for October 30.
“NEC will meet on September 9, to approve the various nominations into the respective national convention committees.
Ologbondiyan said that the party remained united and working assiduously toward removing the All Progressives Congress (APC) by 2023.
He urged members to continue to make personal sacrifices in the overall interest of the party.
“The NEC urges Nigerians to take a cue from our deliverables in our respective states as a sign of the improvements that our party wishes to deliver when elected in 2023
“NEC is confident that the PDP has earned the trust of Nigerians once again and our party will do better when given the opportunity to lead the nation.”
Ologbondiyan said that NEC condemned the harassment and intimidation of media outfits as a ploy to stifle freedom of speech.
Earlier in his remarks at the opening of the meeting, the acting National Chairman of PDP, Elder Yemi Akinwonmi, said that the various interventions in the party leadership crisis were yielding desire results.
Akinwonmi said the meeting was to discuss the party’s forthcoming elective national convention proposed for October 30.
Akinwonmi appealed to party leaders and members to resist every attempt to sow disunity among them, urging everyone to work together to salvage the country.
“You are aware of the series of activities of our leaders to foster cohesion in the party. I am pleased to announce to you all that those interventions are yielding desired results.
“Let me say clearly that Nigerians are looking up to PDP to salvage this country,” Akinwonmi said.
He decried the various challenges facing the country including insecurity, banditry, kidnapping, as well as unemployment and lost value of naira, saying something must be done to address the challenges.
In his remarks, the Chairman of PDP Governors’ Forum, Hon Aminu Tambuwal of Sokoto State, pledged the commitment of the forum members to continue to deliver dividends of democracy to their states and loyalty to PDP.
Tambuwal, while commending various interventions into the party challenges by leaders and elders, called for unity among members.
He said that while challenges, disputes and disagreements are part of life and politics, what was important was how they were resolved.
He stated that all mechanisms were activated to resolve all PDP issues.
“We shall continue to hold and remain together because we are the hope of the people of Nigeria and Nigerians are looking forward to PDP and we cannot afford to fail them.
“The challenges are quite many and it is important for us to continue to work together as a family.
“We are going into warfare and we must go to warfare in unity and as a family, you cannot win if you are divided.
“So, let’s not lose hope. We must remain focused with our eyes on the ball. And we shall, by the grace of God, score that goal,” Tambuwal said.
The Senate Minority Leader, Sen. Enyinnaya Abaribe, said it was now clear to everyone that PDP was united and moving forward.
Abaribe urged Nigerians to give PDP their votes in 2023 to return the country to the path of greatness.
He pledged that PDP caucus in the Senate would continue to work in the best interest of the party and the nation.
“We will continue to fight, to make sure that any law that is obnoxious, any law that does not give us freedom, any law that seems to circumscribe your freedom in Nigeria, we will never agree with that law,” Abaribe said.
On his part, former Vice President Atiku Abubakar said Nigeria should no longer be in doubt of the PDP’s sense of patriotism and commitment to get Nigeria moving again.
“We are being taken aback by the APC government and we have shown to Nigerians that when we are trusted again and we will do even much better than we had done before,” Abubakar said.
He said that PDP in crisis was better and more efficient.
“If you look at PDP, it has the most experienced people in this country, whether in the executive wing, whether in the legislature, whether in party administration.
“We have the most experienced and most competent individuals in this party.”
The Chairman, Board of Trustees, Sen. Walid Jibrin, who commended the votes of confidence passed in him by the board members, said PDP was now more strengthened than ever before.
The Minority Leader of the House of Representatives, Hon Ndudi Elumelu, said the commitment of PDP leaders demonstrated that the party would always summon any challenge that came its way.
Elumelu, who was represented by Hon Gideon Gwani (Kaduna State), urged party members to sheath their swords, reconcile their differences and jettison all personal interests and lead by example through all efforts that will give hope.
“I am sure that a new government of our party can return our nation to the path of peace stability and progress.”
At the meeting were PDP governors, NEC members, BoT members, National Assembly caucus and states chairmen.

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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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