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Again, Senate Disappoints N’ Deltans – Shifts PIB Passage To 2018 – Another Militant Group Shuns Ceasefire
The Senate has again disappointed already agitated and anxious Niger Delta people as it shamelessly shifted the time for the passage of the Petroleum Industry Bill (PIB) from this year to the first quarter of 2018.
In moving the passage to next year, the Senate argued that the National Assembly has a lot of work to do in order to ensure the early passage of the 2018 Appropriation Bill just presented to it by President Muhammadu Buhari, last Tuesday.
According to the Senate, lawmakers will have to shift attention to the 2018 Appropriation Bill presented to the National Assembly by Buhari, a development that will delay the ongoing process required for the passage of the PIB.
The Chairman, Senate Committee on Petroleum (Upstream), Senator Omotayo Alasoadura, explained that although the Senate President, Dr. Bukola Saraki, had earlier in the year stated that he wanted the PIB to be passed in 2017, the present circumstance on ground had shown that the passage of the bill would not happen until 2018.
Alasoadura, who spoke, last Wednesday at the ongoing 7th Practical Nigerian Content Forum, told participants at the event that the increased call for the passage of the PIB was not misplaced considering its significance to the oil sector, but insisted that it would not happen this year despite the more than 14 years of delay.
He said, “The PIB will be passed in the first quarter of next year, and this is because of the budget that was presented to the National Assembly by the President on Tuesday. He (Buhari) asked us to do all we can in order to pass the budget before the end of this year.
“So, there is much work to be done by the National Assembly on the budget, and as a result of this, we won’t or may not have all the time to go through all that is needed for the passage of the PIB before the end of this year.
“The Senate president wants it to be done before the end of this year, but I have to be practical. For us to have the budget in place, I think we need to concentrate on its passage so that its implementation can also take effect in good time.”
Alasoadura admitted that the passage of the PIB had been delayed for so long and corroborated the argument of the Executive Secretary, Nigerian Content Development and Monitoring Board (NCDMB), Simbi Wabote that the bill needed to be passed, whether in good or bad shape.
Meanwhile, another militant group, the Niger Delta Revolutionary Crusaders (NDRC), yesterday, recanted on the ceasefire it declared, a year ago, saying that the grace given to the Federal Government to conclude genuine negotiations with leaders of the region has elapsed.
Consequently, the NDRC said it was now ready more than ever before to join forces with the Niger Delta Avengers to decimate oil and gas facilities in the region and decapitate the nation’s economy.
In a statement by the spokesperson, W. O. I. Izon-Ebi, the group directed Nigerians and expatriates working at Agbami, Akpo, Usan, Erna, Abo, Yoho, Unity and Benga FPSO, platforms operated by Chevron Nigeria Limited, Total, Mobil, Agip and Shell to vacate the platforms without further delay.
It cautioned the companies to immediately accede to the warning as “their safety can no longer be guaranteed by the gods of the rivers and land,” adding that in the next few days and weeks, the campaign to destroy oil and gas installations in the region would commence without any further notice.
It would be recalled that the dreaded Niger Delta Avengers, which also a year ago, suspended hostilities against oil installations in the region to enable the Pan-Niger Delta Forum (PANDEF), proceed with meaningful dialogue with the Federal Government, had last Friday, announced suspension of their unilateral ceasefire.
In a statement by its spokesman, Mudoch Agbinibo, the group renounced activities of PANDEF, led by former federal commissioner for information, Chief Edwin Clark, ex-militant leader, Government Ekpemupolo, alias Tompolo, and another militant group, the Reformed Niger Delta Avengers, saying that such activities were inimical to the speedy resolution of the issues tabled before the Federal Government.
The statement said, “The Niger Delta Avengers are back and will not spare anything or anyone on our path to actualize a united and free Niger Delta.
“Our next line of operation will not be like the 2016 campaign, which we operated successfully without any casualties. This outing will be brutish, brutal and bloody, as we are shall crush everything we meet on our path to completely put off the fires that burn to flair gas in our communities and cut every pipe that moves crude away from our region.
“We can assure you that every oil installation in our region will feel warmth of the wrath of the Niger Delta Avengers,” he said.
Earlier this week, the Niger Delta Avengers volunteered to lead security forces to where Tompolo was hiding, having been declared wanted by the military, last year.
Rivers State Governor, Chief Nyesom Wike (middle), with former Minister of Sports, Dr Tammy Danagogo (right) and Prince Emma Anyanwu, during project inspection after the return of the Governor to Port Harcourt, yesterday.
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Rivers: Impeachment Moves Against Fubara, Deputy Hits Rock …As CJ Declines Setting Up Panel
The impeachment moves against Rivers State Governor, Sir Siminialayi Fubara, and his deputy, Prof. Ngozi Ordu, by the Rivers State House of Assembly has suffered a setback following the refusal by the State Chief Judge, Hon. Justice Simeon C. Amadi, to set up a seven-man investigate panel to probe the governor and his deputy.
Justice Amadi hinged his decision on subsisting interim court injunctions and pending appeals.
Recall that the Assembly members had earlier requested the Chief Judge to set up a seven-man investigative panel to probe allegations of gross misconduct against Fubara and his deputy.
In a letter dated January 20, 2026, and addressed to the Speaker of the Rivers State House of Assembly, Rt. Hon Martins Amaewhule, the Chief Judge acknowledged receipt of two separate letters from the Assembly, both dated January 16, 2026, requesting the constitution of an investigative panel pursuant to Section 188(5) of the 1999 Constitution of the Federal Republic of Nigeria (as amended).
However, the State Chief Judge explained that his hands were tied by ongoing judicial proceedings directly connected to the impeachment process.
He disclosed that his office had been served with interim injunctions issued on January 16, 2026, arising from two separate suits challenging the actions of the House of Assembly.
The suits include Suit No. OYHC/6/CS/2026, filed by the Deputy Governor against the Speaker and 32 others, and Suit No. OYHC/7/CS/2026, instituted by Governor Fubara against the Speaker and 32 others.
According to him, the interim injunctions expressly restrain him from “receiving, forwarding, considering and or howsoever acting on any request, resolution, articles of impeachment or other documents or communication from the 1st -27th and 31st Defendants for the purpose of constituting a panel to investigate the purported allegations of misconduct against the Claimant/Applicant for seven days.”
Justice Amadi stressed that obedience to court orders is non-negotiable in a constitutional democracy, regardless of personal opinions about such orders.
“Constitutionalism and the Rule of Law are the bedrock of democracy and all persons and authorities are expected to obey subsisting orders of court of competent jurisdiction, irrespective of perception of its regularity or otherwise,” he stated.
To further underscore his position, the Chief Judge cited judicial precedent, referring to the case of Hon. Dele Abiodun v. The Hon. Chief Judge of Kwara State & 3 Ors. (2007), in which the Chief Judge of Kwara State was faulted for proceeding to constitute a panel despite a subsisting court order restraining such action.
Quoting directly from the judgment, Justice Amadi recalled: “I liken the scenario created by the Chief Judge to the position of a chief priest and custodian of an oracle turning round to desecrate the oracle,” a passage he said highlights the sacred duty of judicial officers to uphold the law.
He added that the judiciary, as “the custodian and head of the judicial arm of the State, ought to abide by the laws of the State, nay the land…”
He further noted that the Rivers State House of Assembly had already filed appeals against the interim injunctions at the Court of Appeal, Port Harcourt Division, with notices of appeal served on January 19 and 20, 2026.
“In view of the foregoing, my hand is fettered, as there are subsisting interim orders of injunction and appeal against the said orders.
“I am therefore legally disabled at this point, from exercising my duties under Section 188(5) of the Constitution in the instant,” the Chief Judge declared.
He concluded by expressing hope that “the Rt. Hon. Speaker and the Honourable Members of the Rivers State House of Assembly will be magnanimous enough to appreciate the legal position of the matter.
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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