Connect with us

Featured

Int’l Synergy In Taming Insecurity Invaluable -Buhari

Published

on

President Muhammadu Buhari, yesterday, said collective efforts of nations towards tackling security challenges across the globe and within Nigeria is invaluable.
He has urged more collaboration to check terrorism, banditry and insurgency.
Buhari made the assertions while receiving Letters of Credence of the Canadian High Commissioner to Nigeria, Amb James Kingston Christoff; and Ambassador of Mexico to Nigeria, Juan Alfred Miranda Oritz; at the State House, Abuja.
The president told the diplomats that successes in taming insecurity had been recorded through collaboration across borders and that more could be achieved.
“The devastating effect of global insecurity, climate change and the post-COVID-19 era has devastated global economies. Nations continue to struggle to recover from these multiple global challenges.
“The ongoing war between Russia and Ukraine has undermined the progress countries have achieved in tackling food security in the last decade. While, the political instability in Libya continues to fuel terrorism in the Sahel, as well as scuttle democratic sustenance in both West and Central African regions.
“Nigeria is not left out of the equation, as we are fighting to rid our country of banditry, kidnapping, herder/farmer crisis and insurgency. We are, however, making meaningful progress with the support of friendly countries like yours to sustain these fights until we overcome these challenges,’’ he said.
At the regional level, Buhari said Nigeria had been working with other Member-States of ECOWAS and other regional blocs to deal with the problems of terrorism, trans-border crimes, maritime crimes such as piracy and illegal fishing, illicit drug and human trafficking, banditry, as well as unconstitutional changes of government.
“I believe that matters of security have become the business of all nations as these challenges go beyond the abilities of any single country to effectively contain. The world must, therefore, work closely together and Nigeria counts on your support in cementing the relations between our countries at both bilateral and multilateral levels to surmount these global threats to civilization,’’ he added.
The president urged diplomats to monitor political developments in the country, leading to the 2023 elections, but remain true to their professional ethics of non-interference.
Buhari noted that Nigeria was drawing closer to its national elections and candidates representing their parties at different levels were beginning to build consensus within their respective parties in preparations to the launching of campaigns across the country soon.
“As the drums of campaign begin to rise, I urge you to be guided by diplomatic practice to ensure that your activities remain within the limits of your profession as you monitor the build-up to the elections and the conduct of the general elections,” he said.
The president also advised the diplomats to focus on building on the successes of their predecessors.
“The task before you requires you both to build on the successes of your predecessors and further make efforts in the expansion and advancement of the cordial bilateral relations and cooperation between Nigeria and your respective countries. These relations as you all know, span across political, socio-economic and cultural spheres, that have over time benefitted our peoples.
“I am confident that, in carrying out your diplomatic responsibilities in the course of your tour of duties, you will spare time to appreciate the uniqueness and strength in our country’s cultural diversities, in terms of both human and natural resources, as well as the flora and fauna across the country,’’ the president noted.
He said the cultural diversity of Nigeria “represents our pride as a nation and identity as a people,’’ while urging the diplomats to also build friendships and acquaintances in the course of their stay in the country.
In his remarks, on behalf of the ambassadors, the Canadian High Commissioner, Amb James Kingston Christoff, thanked the president for the ceremony of accepting the Letters of Credence.
“Today marks the formal beginning of our engagement with the government of the Federal Republic of Nigeria. We will work closely with ministers and officials to start a progressive relationship,’’ Christoff said.

Featured

Tinubu Hails NGX N100trn Milestones, Urges Nigerians To Invest Locally

Published

on

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.

Continue Reading

Featured

RSG Kicks Off Armed Forces Remembrance Day ‘Morrow  …Restates Commitment Towards Veterans’ Welfare

Published

on

The Rivers State Government has reiterated its commitment towards the welfare of veterans, serving officers and widows of fallen officers in the State.

?

?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.

?

?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.

?

?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.

?

?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.

?

Continue Reading

Featured

Fubara Redeploys Green As Commissioner For Justice

Published

on

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.

Continue Reading

Trending