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RSG Explains Delay In Payment Of Promotion Arrears …Tasks NLC On Unity, Reconciliation

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The Rivers State Governor, Chief Nyesom Wike has explained that the state government has delayed promotion and payment of arrears of allowances of civil servants due to the current economic challenges.
This is as Chairman of the Nigeria Labour Congress (NLC)  Rivers State, Comrade Beatrice Itubo, told The Tide that negotiation was still ongoing on the need to effect promotion and payment of backlog of arrears owed civil servants.
She said the disposition of the government was such that the economic reality may make it difficult to effect that payment immediately.
However, while hosting visiting President of Nigeria Labour Congress (NLC), Comrade Ayuba Wabba, last Friday in Government House, Port Harcourt, the governor said it will be unfair to promote a worker without effecting his promotion benefits, hence, the delay in effecting promotion of workers in the state.
He said once the economic situation improves, his administration will not delay paying promotion benefits and arrears.
On the new salary being pressed by the labour union, the governor said: “If the new salary structure is agreed, if Rivers State can pay, can Ebonyi State pay? There should not be a uniform condition of service. In Nigeria, you are paid same amount of money in Lagos as in Kogi State. That is why we cannot get it right.”
Wike assured the NLC that his administration will continue to resolve all welfare challenges facing workers and retirees.
Consequently, Wike  berated the NLC over division in its ranks, saying, Nigerians are no longer happy with the (NLC) because of the infiltration of the congress by political forces.
The governor stated that the political infiltration of the NLC has made the congress ineffective and unable to positively respond to issues that affect less privileged Nigerians.
He said: “Nigerians are not happy with the NLC. With due respect, you people are now politicians. You are no longer as strong as you used to be.
“I remember when Dr Goodluck Jonathan was president, you wanted to pull heaven down just for the slight removal of petroleum subsidy. Now, they have removed everything, and nothing has happened”.
He regretted that the NLC has fallen to the level where it calls for strike, and workers fail to respond.
“You have allowed politicians to penetrate your ranks, and you now have two factions. Factionalisation is not the best. I urge you to work for the union to be strong as this is in the interest of the nation”, he said.
While pledging his support to the NLC, he urged the congress to stand firm and work for the protection of Nigerians and the country’s democracy.
“Look at what is happening in the country today, and nobody is talking. Nobody wants to go to jail. If you talk, EFCC will come after you. If you don’t want EFCC to trouble you, defect to the other party. There was this ED Finance of the NDDC, who was a member of the PDP. EFCC was after him, when he defected to the other party, they dropped the charges”, he said.
He said the country should practice true federalism in all areas, including the salary structure of the respective states.
In his remarks earlier, the NLC President, Comrade Ayuba Wabba, had commended the governor for the regular payment of salaries and pensions.
“We have interfaced with workers, and they said you have been regular in the payment of salaries and pensions.
“The trade unions asked me to express their gratitude, particularly on the issue of regular payment of salaries. This, certainly, we have to appreciate because we are aware that in some states, they have difficulty in that aspect. In some states, they have even contemplated retrenchment”, Wabba said.
The NLC president appealed to the Rivers State governor to handle the challenges arising from recently retired workers’ contributory pensions and the irregular meetings of the Public Service Joint Negotiating Council.

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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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