Featured
Collapse Of APC Structure, A Boost For Rivers PDP Fortune -Wike
Rivers State Governor, Chief Nyesom Wike, says the electoral fortune of the Peoples Democratic Party (PDP) in the forthcoming governorship election of 11th March 2023, has been boosted.
This is because of the eventual collapse of the party structure of the All Progressives Congress (APC) into PDP in Ahoada East Local Government Area of Rivers State
Governor Wike spoke at a brief reception in Ehuda Town in Ahoada East Local Government Area, where Mr. Eric Apia, formally denounced his membership of the APC.
Mr. Apia, until his defection to PDP, was the leader of APC in Ahoada East LGA and the party’s House of Representatives candidate for the National Assembly election that held on 25th February, 2023.
Governor Wike noted the tough political tackles that Mr Apia posed while he held sway as the formidable grassroot leader of the APC.
Such political asset, Governor Wike said, is what the PDP had harvested, which marks the eventual death of APC in the area.
The implication, Governor Wike stated is that more votes will be secured for the PDP since all Mr. Apia’s supporters have now pledged their loyalty, and are ready to deliver votes that will make the PDP governorship candidate, Sir Siminialayi Fubara, to win the governorship election.
Governor Wike expressed his delight over the union that has made them one political family and assured that they will work together for the development of Ekpeye kingdom and the State in general.
The Rivers State governor also announced the award of contract for 10 Kilometers of internal roads in Ehuda Town to further enhance the inner aesthetic of the emerging Ahoada City.
Governor Wike said he will send the State’s Commissioner for Works to work with the leadership of the community in determining the roads to be constructed.
The governor , who also assured them of awarding the contract for the reconstruction of the Girls’ High School in Ahoada East Local government Area, explained that the architectural work had already been completed by his administration.
Governor Wike reiterated that he does not bear anyone in the State grudge for voting for Labour Party presidential candidate, Peter Obi and APC presidential candidate, Asiwaju Ahmed Bola Tinubu because he had been an ardent advocate of power shift to the south.
In his speech, Mr. Eric Apia said he had toiled so hard to keep the APC alive and formidable in Ahoada East Local Government Area.
He explained that while he and his supporters were in APC, they held the grassroot voters in firm grip because the people believed in them.
But now that they have joined the PDP, Mr. Apia said, he and his supporters will bring on board the same political enthusiasm to work for the PDP, which will make future elections in the area seamless.
He particularly assured that they work to deliver winning votes that will make Sir Siminialayi Fubara, the next governor of Rivers State.
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.
-
Politics2 days agoEFCC Alleges Blackmail Plot By Opposition Politicians
-
Business2 days ago
Industrialism, Agriculture To End Food Imports, ex-AfDB Adviser Tells FG
-
Rivers2 days ago
Rivers Police Commissioner Condemns Vigilante Group Over Aluu Attack
-
Business2 days ago
AFAN Unveils Plans To Boost Food Production In 2026
-
Politics2 days ago
Datti Baba-Ahmed Reaffirms Loyalty To LP, Forecloses Joining ADC
-
Politics2 days ago
Bayelsa APC Endorses Tinubu For Second Term
-
Business2 days ago
Cashew Industry Can Generate $10bn Annually- Association
-
Sports2 days agoJ And T Dynasty Set To Move Players To Europe
