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FG Set To Re-Open Trans Niger Pipeline
A critical infrastructure in the crude oil export, the Trans Niger Pipeline (TNP), which has been under force majeure (closed) for over six months, is set to be reopened by the Federal Government.
This was disclosed by the Group General Manager, National Petroleum Investment Management Services (NAPIMS), Bala Wunti, through his official tweeter handle, yesterday.
He said the NAPIMS leadership delegation under the General Manager of Joint Venture Operations, Engr Zakariya Budawara, had spent the last one week with the Bodo community in Gokana Local Government Area of Rivers State where the pipeline is situated and runs through.
According to Wunti, the “visit is part of NAPIMS efforts towards re-opening the nation’s major liquid hydrocarbon delivery atrium – the Trans Niger Pipeline, a critical infrastructure in the crude oil export, which has been under force majeure for over six months.”
The Trans Niger Pipeline is critical to Nigeria’s crude export as it carries Nigeria’s crude oil, Bonny Light, to an export terminal.
The pipeline, according to Shell, transports around 180,000 barrels per day of crude oil to the Bonny Export Terminal and is part of the gas liquids evacuation infrastructure, critical for continued domestic power generation and liquefied gas exports.
The pipeline was shut down by Shell because of vandalisation and oil theft.
It has been moribund ever since because no crude has flown through it.
“This visit is part of our continuous journey to re-strengthen our trust with one of the communities where NAPIMS and its partners are conducting business. It is also a demonstration of NNPC’s strong commitments to its core value: integrity, excellence, and sustainability.
“During their stay, they gathered a deeper understanding of the challenges of the good people of Bodo.
“At NAPIMS, we are able to achieve this because of the commendable support and commitment of the leadership of Nigerian National Petroleum Company Limited (NNPCL), under Group Chief Executive Officer (GCEO), Malam Mele Kyari; and our amiable Upstream Group Executive Director (GED), Adokiye Tamboiemeye.
“Under our current leadership, NNPC businesses has continued to focus on ‘trust and strengthening partnerships’ with our communities, operating partners, states and relevant stakeholders as well as focus on ESG in our operations”,Wunti said.
The NAPIMS boss revealed that the Bodo people have demonstrated their traditional hospitality and commitment towards ensuring the “security of our national hydrocarbon infrastructure in their domain.”
He also said that as part of its Corporate Social Responsibility (CSR), NNPCL under the leadership of the Group CEO, Mallam Mele Kyari, has continued to work with its “host communities towards improving the quality of lives, creating business, employment and capacity development, amongst others”.
For the good reception accorded the NAPIMS delegation, Wunti said he “deeply appreciates the courageous Chairman of Gokona LGA, Hon Confidence Deko, and member representing Gokana State Constituency in the Rivers State House of Assembly, Hon. Dumle Maol.
“I must, especially appreciate the traditional institutions led by Mene Mike Tekuru, religious leaders, including reverend fathers, pastors, and the vibrant great women and youths of Bodo for their trust, collaboration and partnership”, Wunti said.
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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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