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Wike Praises Sanwo-Olu’s Giant Strides In Lagos
Rivers State Governor, Chief Nyesom Wike, yesterday, declared support for the giant strides in projects delivery of the incumbent Governor of Lagos State, Babajide Sanwo-Olu of the All Progressives Congress (APC).
Wike was, however, silent on the fate of the Peoples Democratic Party (PDP) candidate in Lagos State, Dr. Olajide Adediran, popularly called ‘Jandor’.
Wike expressed his support for his Lagos State counterpart while speaking as the Special Guest of Honour at the 2022 Annual Conference of Committee of Wives of Lagos State Officials (COWLSO), with the theme; “Spring Forth, Stand Out,’ held at Eko Hotel and Suites, Lagos Island.
The Rivers State governor also announced the donation of N300million to COWLSO as support.
According to him, Sanwo-Olu’s performance in office has earned him a second term.
He commended Sanwo-Olu for giving women the opportunity to serve in various capacities in the state, especially the judiciary.
Wike told Sanwo-Olu, “By the grace of God, you will be a 2nd term governor. Lagos State is doing better than other states in this country because Lagos has allowed women to participate in governance in various capacities. I am very happy to participate in this conference.
“I don’t play politics of ethnicity. Even if Sanwo-Olu is in my party but is not doing well, I wouldn’t have come. I do not regret saying I am in support of you”.
The Rivers State governor further said his administration has emulated Lagos State by ensuring a woman became a deputy governor in 2015 for the first time, adding that no woman has ever served in that capacity since the state was created in the 60s.
He also said that he made sure that all the 23 local governments in Rivers State have women as vice chairmen.
Wike also commended the wife of the Lagos State Governor, Dr. Ibijoke Sanwo-Olu for several projects COWLSO had executed and still implementing under her chairmanship in the last three years.
In his remarks, Lagos State Governor, Babajide Sanwo-Olu, also commended the organisers of the conference for their positive contribution to the state.
According to him, “I must express how much I am proud of the achievements of COWLSO, especially in the way they have stood by us and contributed to promoting the ideas and objectives of our administration.
“The various philanthropic and humanitarian activities of COWLSO in addition to their intervention in critical sectors such as health, education, environment and youth development have continued to impact positively on the lives of Lagosians”, Sanwo-Olu said.
The governor, who had earlier announced Wike as “Mr Infrastructure”, thanked the Rivers State governor for being part of the event.
He appealed to the Lagos electorate on the need to re-elect him for second term in office for more delivery of dividends of democracy.
Earlier, wife of Lagos State Governor, Mrs BabajideSanwo-Olu, had described the year 2022 theme as apt, saying the world is in need of solutions.
“As women, we owe it to ourselves to emerge into better versions of ourselves as we spring forth and keep pushing forward to make a positive difference”, she 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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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.
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