Connect with us

Featured

Fubara Dispels Rumours of Crisis ….Insists Rivers Is Peaceful, Not Under Siege ….Inspects 14.6km Omodu-Eberi-Omuma Road

Published

on

Rivers State Governor, Sir Siminalayi Fubara, has emphasised that the State and its people are enjoying an enduring atmosphere of peace to promote sustainable development, fast-paced investments and accelerated economic growth.
He said the recent negative narrative that portrays the State as immersed in crisis with disrupted peace is untrue, misguided and was the handiwork of mischief makers.
Governor Fubara made the clarification when he spoke to newsmen in Egbelu Community, shortly after inspecting the progress of work on the 14.6km Omodu-Eberi Road project in Omuma Local Government Area on Thursday.
The Governor said it was important that Nigerians know of the uninterrupted peaceful atmosphere in the State because the people are going about their  normal activities, while governance was thriving.
He stated: “And to also tell Nigerians that Rivers State is peaceful. You can see that we are moving about inspecting projects as against what you see on the screens of your television sets that police are everywhere, that we don’t move about anymore, and that Rivers State is under siege.
“We are not under siege. Our State is free and peaceful. If at all there is any problem in any part of the State, I know quite well that Nigerians know where the problem is coming from, not from us,” he clarified.
Governor Fubara emphasised: “We are peace-loving people. It is already written all over us. Our actions and our deeds have confirmed that we are peace-loving people.
“We will continue to maintain the peace that we promised everyone, for the betterment of the good people of Rivers State,” he added, and encouraged the business community, especially potential investors to take advantage of the vast investment opportunities that abound in the State.
Commenting on the 14.6km Omodu-Eberi Road project, Governor Fubara stated that the project was started by his administration with the target of inaugurating it during his one year in office anniversary.
Governor Fubara explained that what delayed the work was the decision to extend the length of the road to make it serve as a comfortable link for motorists to drive onto Abia State.
The Governor said: “We are in Omuma to inspect the project that we started. The project was supposed to be part of projects commissioned during our one year anniversary celebrations.
“But we found out that some part of the job, if completed, will link Rivers State to Abia State, and we felt there is no need to commission it halfway without joining that part that connects us to Abia State.”
Governor Fubara further said: “So, we directed the Ministry of Works to extend the project from 8 kilometers to 14.6 kilometers. So, we are here to see what is happening, and to prepare ourselves that maybe in the next two months, we might likely be coming here to commission this project for the good people of Omuma.”

 

Featured

Tinubu Hails NGX N100trn Milestones, Urges Nigerians To Invest Locally

Published

on

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.

Continue Reading

Featured

RSG Kicks Off Armed Forces Remembrance Day ‘Morrow  …Restates Commitment Towards Veterans’ Welfare

Published

on

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.

?

Continue Reading

Featured

Fubara Redeploys Green As Commissioner For Justice

Published

on

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.

Continue Reading

Trending