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Wike Raises Alarm On Frame-Up Plot …Insists IG Plans To Eliminate Him …As RSG Donates Gunboats To Navy

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Rivers State Governor,Chief Nyesom Ezenwo Wike  has raised a fresh alarm  over plot by the Inspector-General of Police, Ibrahim Idris to frame him up by planting incriminating materials in his Abuja residence
He told newsmen over the weekend, during a media chat in Government House Port Harcourt that the plot is being hatched such that the police plans to surreptitiously obtain a search warrant to raid his private house by Tuesday  (tomorrow).
Further declaring that the Inspector-General of Police, Ibrahim Idris has concluded plans to plant guns and other incriminating  items  at his Asokoro Extension  Residence in Abuja.
He said: “All attempt  is being made so that they will  go and plant either AK47 or one million dollars in  the governor’s  house. They can even plant costly wrist watches as a propaganda  tool”.
According to the governor, the Police will be in court to get a search warrant on Tuesday.  He said information  available  to him indicated that but for the May Day Public Holiday, the Police  would have  obtained  the search warrant on Monday.
”I said I have  to let Nigerians  know that this is not the way to go about in democracy. Rather, this is an attempt to truncate democracy.  That someone  differs on issues does not mean you have to go after the person’s life”.
Chief Wike  said this is the latest in the series of planned propaganda  by the police to sow devilish information  against  him.
“Nigerians  should be aware that should  they raid my house in Abuja and claim they found anything, it is incorrect.  I have not been going to Abuja, but I will be in Abuja  to wait for them to see how they plan to plant guns in my house”, Governor Wike said.
While maintaining  his position  that the Inspector-General of Police is after his life, Chief Wike stated that this recent plot is aimed at silencing him because the Rivers State Government claimed the Ikoyi Billions, which were reportedly  left there by the former Rivers State Governor.
He decried  the pattern that has been adopted in the nation’s  democracy, saying that it will negatively  affect  the growth  of  democracy.
“Our democracy  cannot survive if we continue with  this line of action.  If the Inspector-General of Police  wants to play partisan politics, let him remove  his uniform and join us in the arena. He should  not continue to wear uniform and do the bidding of politicians  like a stooge”, he said.
While reiterating an earlier statement that the Inspector General of Police wants to eliminate him, he said, ”I want to reiterate that, the Inspector-General of Police  is after my life”.
Meanwhile,the Nigerian Navy has confirmed receipts of  eight assault gunboats from Rivers State Government that it says will boost its fight against oil theft and sea robbery which has become commonplace in the Niger Delta.
At the inauguration of the gunboats in Port Harcourt, Chief of Naval Staff, Vice Adm. Ibok Ete-Ibas said the eight gunboats  would complement another batch of 12 gunboats delivered earlier by the Rivers State Government, all geared at  securing the state maritime environment.
Governor Wike has even promised to donate 13 more boats, bringing the government’s contribution to 33.
Vice Adm. Ibok Ete-Ibas said  the gunboats would boost Navy’s  patrol capabilities and speed up response of troops to reported crime scenes and thereby discourage criminality on the waterways.
“The Navy appreciates the expectation attendant to delivery of these gunboats and we assure that the Navy will be prompt in committing the assets to operation.
“The gunboats would be deployed to impose order and security along the waterways in Rivers state with focus to boost economic activities.
“This deployment would facilitate free passage for the people to conduct their legitimate businesses without hindrance by criminal elements.
“To this end, the gunboats have beefed up the Nigerian Navy boat fleet to over 100 assorted boats which have enhanced the security of the waterways and the coastal communities,” he said.
Ibas commended Governor  Wike for his support to the Navy and promised that the boats would be used for their set objectives.
Wike  said that his administration was committed to securing lives and property in the state.
He pointed out that his government’s partnership with the Navy and other security agencies had yielded positive result as crime had reduced in the state.
“However, these gunboats are for security of lives and property of Rivers state alone as it should not be taken to neighbouring states on any account.
“Any state government that wants to secure her waterways should purchase its own gunboats because securing lives and property of Rivers people is paramount to the state government,” he said.
Wike  said the state government would further acquire 13 special boats that would be distributed to the Nigerian Navy, Army and the Police.
Our correspondent reports that the gunboats were fitted with 200 horse power engine; 12.7mm machine guns, automatic grenade launchers and communication gadgets.

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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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