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N’Delta Defence Makes Fresh Demands …As HNDC Slams Avengers

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The Niger Delta Defence group has listed fresh demands to the government of President Muhammadu Buhari.
The demands include that “all refineries and petrochemical companies must shut down their activities and leave the region immediately until the Federal Government is ready to turn around the fortunes of our people.”
In a statement made available to The Tide via email, the group said the government should as a matter of urgency visit the demands or face massive action which shall cripple the economy and bring it to a standstill.
The group is also asking that “the UNEP report implementation on Ogoniland should commence immediately.
“No attempt must be made to resume oil exploration in Ogoniland until the UNEP report has been 100 per cent implemented.
“The Federal Government must immortalise Ken Saro- Wiwa and other Niger Delta agitators who were gruesomely killed.”
The group further insisted that “The Niger Delta region must be allowed to control its resources.”
It further accused the incumbent administration of turning the fight against corruption into the fight against perceived political opponents from the Niger Delta region.
The statement further reads: the “the Ogoni cleanup which is still a scam by the Federal Government is now being  used by some selfish and political gladiators to gain popularity and score cheap political points.
“Even the 500,000 empowerment programme has now been programmed to favour only a particular political party.
“Today, instead of the Nigerian government to develop the region, it is now using most of our people to destabilise and set confusion in order to divide us to achieve its  selfish aim,” the group said.
The Niger Delta Avengers, who came to the spotlight in February, has in recent months allegedly carried out  attacks on oil pipelines and facilities run by international companies, including Shell and United States firm, Chevron.
The Tide gathered that attacks were partly responsible for a fall in Nigeria’s oil production of 800,000 barrels per day.
Meanwhile, a non-governmental organisation based in the Netherlands, Hope for Niger Delta Campaign (HNDC) has condemned the activities of Niger Delta militants in the region.
Those affected are groups that have claimed responsibility for attacks on oil and gas installations in the region and also vowed to reduce oil production in the region to zero.
In a statement made available to The Tide via email, yesterday, the HNDC  applauded President Muhammadu Buhari for ordering the withdrawal of soldiers from the region in a cease fire move.
Signed by its Founder and Executive Director, Mr Sunny Ofehe, the HNDC said that the attacks will not only cripple oil production but will have serious health implications for the people of the region.
The group urged the militants to use the window provided to dialogue and present their agitation to the Federal Government if they actually are in the interest of the Niger Delta people.
“The environment has faced despoliation from crude oil extraction. The main occupations of the people which are  farming and fishing have been gravely affected by oil spills and pollution from gas flaring.
“Any meaningful agitation should be targeted at addressing these situations and calling on the government and oil multinational companies to meet these needs and remediate the environment of the people. This must be done in an organised manner with all stakeholders.”
Meanwhile, members of the Gbaramatu Communities Chairmen Forum have written to President Buhari, demanding  the construction of an Export Processing Zone, Gas Revolution Industrial Park, Ogidigben and Gbaramatu Seaport component of the projects.
In a letter signed by Demebi Johnbull and 10 others, the forum said: “the benefits of these projects are enormous as they can absorb the teeming restive youth and further boost economic activities of the communities, Delta State and the federation”.

 

Susan Serekara-Nwikhana

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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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