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Fubara Tasks 23 CTC Chairmen To Maintain Peace   …Says Rivers Won’t Set Precedence On LG Tenure Extension …Directs Audit Of Councils’ Accounts

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Rivers State Governor, Sir Siminalayi Fubara, has sworn-in caretaker committee chairmen and members for the 23 local government councils with a charge to eschew violence, maintain the peace, and be guided by the Constitution, so as to promote unity, inclusive administration, and achieve progress at the grassroots.
Governor Fubara, also directed the Auditor-General of Local Governments to commence immediate audit of the accounts of the 23 Councils.
He said that the swearing-in of the chairmen will ensure seamless administration of local governments following the expiration of tenure of elected chairmen and councillors in the State.
The Governor performed the swearing-in at the Executive Council Chambers of Government House in Port Harcourt on Wednesday, amid cheers, jubilations and commendations as the right step to douse the tension and bring everybody in the political space together.
The swearing-in followed the screening and confirmation of the nominees for caretaker committee chairmen and members by the State House of Assembly at the plenary presided over by its Speaker, Rt. Hon. Victor Oko-Jumbo, on Wednesday.
The list of seven-member nominees per local government council had been forwarded to the Assembly pursuant to Section 9 (5) of the Rivers State Local Government Law No. 5 of 2018, for screening and confirmation.
The Governor said the exercise demonstrated his administration’s commitment to upholding the tenets of the Constitution of the Federal Republic of Nigeria that does not provide for tenure elongation.
He explained: “What is happening here now is a defence of democracy. We will not allow the wrong precedent to be created in this country.
“It is not about Rivers State. It is not about Fubara. But if in any way this attempt of tenure elongation succeeds in Rivers State, it becomes a norm in Nigeria.
“So, we have taken it upon ourselves to say, not on our own watch will it happen because it is completely alien to the Constitution of the Federal Republic of Nigeria.”
Governor Fubara wondered why tenure of elected officers will expire, and they want to perpetuate themselves in office against their oath of office and the provisions of Constitution of Nigeria.
The Governor sounded it clearly that such insistence to elongate tenure of council chairmen will not happen in Rivers State, and advised the out-gone chairmen, vice-chairmen and councillors to let go and return home.
He said, “So, for those people who are saying, the only reason why we (they) want to continue in office is because election has not be conducted, we have more than 85 percent of the States in Nigeria that are being run by caretaker committees.
“Ours is different, you had your tenure, you have completed your tenure, it is proper you let go. Life doesn’t create a vacuum. If you are not there again, that is, if your tenure has expired, doesn’t mean I should, because I want to please you, allow you to stay longer. No. It doesn’t happen like that. People must take over, manage the affairs and elections will be conducted.”
Governor Fubara pointed to the importance of knowing how finances of the 23 Local Government Councils were managed in the last three years, and directed the Auditor-General of Local Governments to begin auditing the accounts and make the report available within the next one month.
Specifically, Governor Fubara said: “I also want to say that, for the local government activities in the past three years, I would want to mandate: which is official assignment, not even a statutory duty, that the Auditor-General should immediately commence the audit of the 23 Local Government Councils in the past three years, and come up with the result in the next one month.
“It is important so that we will know what has happened and how our funds were being used in those 23 Local Government Areas. It is important so that it will be a check for those people who are also coming.”
Governor Fubara told the newly sworn-in CTC chairmen that their tenure will not be too long because the process for the conduct of fresh elections of local government chairmen and councillors in our State has started.
The Governor advised them to resume at their respective local government councils with utmost sense of duty and commitment to serve the people and protect the interest of Rivers State.
He warned them against any form of confrontation, insisting that such is not in his nature and style but advised them to be law-abiding as they take full control of the local government councils.
He said, “Whatever happened  yesterday (Tuesday), I know and the world knows that it is not from you people. Some persons caused it. So, let us not give them the opportunity to continue to make our State look bad in the comity of States.
“So, when you go back, if there is any situation, you should be law- abiding. I don’t want any confrontation. You can operate from anywhere for now. But the most important thing is that you have the control of the Local Government today.”
Governor Fubara urged them to ensure that they compute and pay the outstanding financial benefits and entitlements, including salaries of the outgone chairmen, vice-chairmen and councillors.
He added, “I am not of the class to say that because something happened, you should maltreat them. No. Whatever is their entitlement, ensure that they get it.”
Governor Fubara instructed the CTC chairmen to work hard to ensure that there is no breakdown of law and order in their various council areas.
The Governor expressed worry about the negative media portrayal of the State as ridden with crisis, and urged them to ensure that what they do changes such negative narrative.
“Please, I want to appeal to you that when you go back, I don’t want crisis. Just manage the situation as much as you can. God does not start and end half-way. That is the truth. Since God has started with us, He will definitely complete His work in our lives.
“I don’t want any fight. I don’t want any life to be lost because it does not earn me anything. We know that we can overcome, and we have been overcoming,” he advised the chairmen.
Those sworn-in include:  Madigai Dickson as chairman of Abua/Odual; while Hon. Happy Benneth is chairman of Ahoada East; Ahoada West has Mr. Daddy John Green as chairman; just as Barrister Otonye Briggs chairs Akuku-Toru; with Andoni chaired by Barrister Reginald Ekaan; and Asari-Toru, chaired by Orolosoma Amachree.
In Bonny, Alabota Anengi Barasua returned as chairperson; while in Degema, Anthony Soberekon is the chairman; with Eleme having Brain Gokpa as chairman, just as David Omereji is the chairman of Emohua; while John Otamiri Nkugbo is the chairman of Etche.
Also, Gokana has ??????? Kpeden as chairman; Ikwerre has Dr. Darlington Orji; Khana has Amb. Marvin Yobana; Obio/Akpor has Amb. Chijioke Ihunwo; Ogba/Egbema/Ndoni has Princewill Ejekwe as chairman; Ogu/Bolo is chaired by Rt. Hon. Evans B. Bi??; Okrika is chaired by Princess I. B. Ogan; Omuma chairman is Promise Reginald; ?????/??oro chairman, Hon. Enyiada Cookey-Gam returns; while Oyigbo has Hon. Gogo Phillip as chairman; with Ichemati Ezebunwo in charge of Port Harcourt City; just as Hon. Matthew Dike is the CTC chairman of Tai.

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Tinubu Hails NGX N100trn Milestones, Urges Nigerians To Invest Locally

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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

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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

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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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