Featured
Nigeria, Poland Deepen Ties, Seal Deal On Energy, Other Sectors
Nigeria and Poland, yesterday, in Abuja, signed a Memorandum of Understanding (MoU) on agriculture where the European country also pledged its willingness to enlarge the fields of economic cooperation in the energy and manufacturing sectors.
The signing took place during the state visit of President AndrezejDuda of Poland, the first by a Polish leader to Nigeria since the establishment of diplomatic relations between both countries in 1961.
Addressing a joint press conference with the visiting Head of State, Buhari said Nigeria is gratified by the existing fruitful cooperation with Poland in the fields of maritime, education and defence.
On agriculture, which is one of the priority areas of the Nigerian government, the president said cooperation in this area will be a win-win for the two countries, especially in the context of global food insecurity occasioned by the conflict in Ukraine.
He noted that of the numerous global challenges, Nigeria would like to develop new mechanisms for cooperation including regular strategic dialogues and political consultations to cover not only bilateral relations but also to address regional and international issues.
‘‘Our cooperation in education has a long history and we wish to encourage the extension of that cooperation to the sharing of knowledge and experience between our educational institutions in areas such as science and technology as well as Information and Communication Technology, in order to help drive innovation in our countries in this competitive global knowledge economy,’’ the Nigerian leader said.
Describing the two-day visit of the Polish president as significant, underscoring the cordial relations that exist between both countries, Buhari commended the efforts of the Government of Poland in providing assistance to the large number of refugees fleeing the conflict in Ukraine, including a significant number of Nigerians.
‘‘I also wish to express our sincere gratitude for the kind and generous support extended during our government’s evacuation of our fleeing nationals.
‘‘We also appreciate greatly the opportunity given to some of our nationals to remain in Poland to continue with their studies.
‘‘As regards trade relations, we would like to see an increase in the level of trade, as it remains relatively low in spite of the long period of relations between our two countries,’’ he said.
The Nigerian leader welcomed the hosting of a Dialogue that will bring together various members of the business sectors of Nigeria and Poland, during the state visit, adding that it is an excellent initiative to increase the level of trade between both countries.
Duda said Nigeria was the only African country Poland has signed an agreement of strategic dialogue with, which includes the MoU on agriculture cooperation.
‘‘What was pivotal in our conversation today both in our tete-a-tete as well as the plenary session was how to provide food and energy security.
‘‘It is important to us to strengthen the relations between Poland and Nigeria and the MoU we have signed is very important for the future of both nations on food security,’’ the Polish president said through an interpreter.
On energy security, he lauded the delivery of liquefied natural gas to Poland from Nigeria, as well as shipments of crude oil.
‘‘We want to further this cooperation and we want to increase the supplies from Nigeria to Poland and by this way, we want to contribute to the development of economic cooperation between the two countries,’’ he said.
Duda noted that Nigeria and Poland have enjoyed excellent bilateral relations in the last 60 years, buoyed at the people-to-people level by the presence of many Nigerians at Polish higher institutions of learning as well as the input of Polish engineers and scientists in the building of infrastructure in Nigeria.
Featured
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.
Featured
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.
?
?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.
?
Featured
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.
-
Sports3 days agoTinubu Lauds Super Eagles’ after AFCON bronze triumph
-
Sports3 days agoFulham Manager Eager To Receive Iwobi, Others
-
Sports3 days agoAFCON: Lookman gives Nigeria third place
-
Sports3 days ago“Mikel’s Influence Prevent Some Players Invitation To S’Eagles Camp”
-
Sports3 days agoMan of The Match award Excites Nwabali
-
Sports3 days agoRemo, Ikorodu set for NPFL hearing, Today
-
Sports3 days agoPolice Games: LOC inspects facilities in Asaba
-
Niger Delta3 days agoINC Polls: Ogoriba Pledges To Continuously Stand For N’Delta Rights … Picks Presidential Form
