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Tinubu Promises To Reconstruct Eleme Axis Of East-West Road …Thanks Rivers For Support To FG
Blessed with enormous human capacity and natural resource wealth, President Bola Tinubu yesterday in Abuja, said that neither Rivers State nor Nigeria has any business being associated with poverty, insecurity or under-development, assuring that under his leadership, the narrative will be permanently and positively changed.
Welcoming a high-powered 62-man delegation, comprising leaders from both the governing All Progressives Congress (APC) and the opposition Peoples Democratic Party (PDP), to the State House, the President said the Honourable Minister of the Federal Capital Territory, Nyesom Wike, has left big shoes to fill for the new Rivers State Governor, Siminalayi Fubara, and that as one of his most trusted allies, Rivers State will always have direct access to him in their joint march toward sustainable development.
“We are not meant to be in a position to be poor. We will turn the tide! Somewhere, somehow in this storm, there’s a quiet and peaceful place for us. We will locate it!
”We are not lazy people. We are richly endowed. We just need to be our brother’s keeper, and good neighbours to one another. I am not a President that will give excuses. I will work hard for our nation with purpose, determination and dedication to create wealth for all Nigerians. We have no reason to be poor! We will not look back, we will run aggressively forward.
“Today, we may be swimming against the tide. But the waves will soon propel us forward from behind. We will achieve the goals and dreams of our forefathers. I am inspired by the nation of people I now lead,” the President thundered.
President Tinubu noted that concerning infrastructure development in Rivers State, he had heard the cries of prominent Rivers sons, with particular reference to the Eleme Junction-Onne axis of the East-West Road, linking the Port Harcourt Refinery. On this, the President said the FCT Minister, Nyesom Wike, is a strong adviser, and would follow up on the issue for prompt action.
“The Honourable Minister, Wike, is not just the Minister of FCT, he is also my adviser and an admirer of mine. He has hit the ground running and he should be encouraged by the State,” the President affirmed.
Advising the younger generation to be more patient with the processes of government, the President said, “I am the Captain and Chief Salesman of the country. We have to reverse the trend and achieve possibilities within a short period of time. Our people have high expectations for us. I pledge to work hard, and I pray to God to put me on the right path, not to disappoint Nigerians,” the President concluded.
In his remarks, the Rivers State Governor, Siminalayi Fubara, told the President that the delegation, which included leaders of political parties, and past and present members of the State and National Assemblies across parties, was on a solidarity and thank you visit.
“The people of Rivers State voted for you in the last general elections based on their belief in fairness, equity and justice. This is the first time that Rivers State is truly feeling the impact of the federal government since the inception of democracy in 1999,” he said.
The Governor noted that the delegation greatly appreciated the President for appointing capable sons and daughters of the state into highly strategic positions within his administration.
The Governor particularly thanked the President for the appointments of the Honourable Minister of the Federal Capital Territory, Barr. Nyesom Wike; Special Adviser to the President on Media and Publicity & Official Spokesperson of the President, Chief Ajuri Ngelale, as well as other sons and daughters of Rivers State into the Boards and Management of the Niger Delta Development Commission (NDDC) and other institutions.
The Governor applauded the President for attracting a $14 billion dollars investment approval for projects nationwide during the G-20 Summit, including the expansion of Indorama Petrochemicals in Eleme, Rivers State, adding that the State had just allocated 209 hectares of land in support of the new investment.
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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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