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Saraki Confirms APC Failure …As More Members Defect To PDP In Rivers
A vocal member of the All Progressives Congress (APC) and Senate President, Dr Bukola Saraki has admitted that the ruling party is drifting.
Saraki, who made the admission in an interview with newsmen, said that the ruling APC was facing serious issues that were forcing it to drift.
The politician also dispelled speculations that he was grooming his son to become Governor of Kwara State just as his own father groomed him.
Speaking about the party and the internal rancour it was facing, Saraki said: “The party is drifting and not a rallying point for members. There is ‘no APC member that will tell you he is happy with the state of affairs’ of the party”.
He said a ruling party should definitely see more activities than is presently happening with the APC.
The issues in the party are not as a result of any crisis but relate to “the administrative aspect and the national to provide leadership in driving the party. The party is running out of time.”
He added: “If the party goes back to what we all know it to be, holding NEC, and having caucus meetings, spirit and no spirit things will stop.”
On whether his emergence as Senate president contributed to weakening the party, Saraki said: “The last meeting the party held with regard to the zoning of the national officers, Senate president was zoned to North Central. It was after that the party started to do different things, shifting its position.
“The point I’m making is that that’s over two years. Is that the reason why the party cannot move ahead? My own point is that the executive arm of party just needs to wake up and start managing the party,” Saraki added.
The Chairman of Rivers State Road Transport Employers Association of Nigeria (RTEAN), Mr Ndamati Amadi has decamped from the All Progressives Congress (APC), to the Peoples Democratic Party (PDP), with about 1,500 of his supporters.
Speaking at the secretariat of a pro-PDP group, Grassroots Development Initiative (GDI) in Port Harcourt, Ndamati lamented his years in the APC, describing the state Governor, Chief Nyesom Wike as a leader committed to his political promises.
He said he resolved with his followers to decamp to the PDP because of the success so far recorded by Wike in the state.
Another decampee from the APC, Mr Chuks Amadi, who also spoke, said he chose to come over to the PDP with his supporters because of the lofty programmes of the PDP.
The state PDP Publicity Secretary, Engr Samuel Nwanosike, who received the decampees, assured that they would be treated equally with old members of the party.
Nwanosike said they should continue to see the PDP as a platform that would give them the recognition and attention they deserved, stressing that they should work for the success of the party.
“The APC has not been able to deliver on its campaign promises to Nigerians so these our brothers said they cannot remain in a place with so much lies so they have come to the PDP. You are welcome “, he said.
The PDP publicity secretary, also said it was unfortunate that the APC would link the state government with the confusion that made parents withdrew their children from schools last Tuesday, pleading that they should not paint the Nigerian Army in political colours.
“The APC should leave the army alone. It is an institution that should not be politicised. That there was panic around schools yesterday over the army is not enough to politicise the situation”, he pleaded.
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Tinubu Hails NGX N100trn Milestones, Urges Nigerians To Invest Locally
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
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
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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