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Wike Decries FG’s Plot To Block Opposition Parties’ Account …As Secondus Condemns Buhari’s Visit To Bauchi
The Federal Government is set to deploy its security and anti-graft agencies to frustrate the opposition through blocking the accounts of hostile state governments, Rivers State Governor, Chief Nyesom Wike has alleged.
Noting that the plot was aimed at cutting off funding for the opposition ahead of the crucial 2019 general elections, Wike alleged that if the plot sails through, it was expected to weaken the financial base of the perceived “opposition governors and states” and make them ineffectual in mobilising supporters for the crucial elections.
The governor stated this while fielding questions from newsmen in Port Harcourt, last Wednesday.
The Rivers State chief executive officer said he had it on good authority that the anti-graft agencies; notably, the Economic and Financial Crimes Commission (EFCC) and the Independent Corrupt Practices and Other Related Offences Commission (ICPC) would be used to freeze the accounts of those state governments after spurious examination of their local government accounts, the accounts of the ministries of work, special duties and the Federal Government intervention funds for workers.
“But the real deal is to render the opposition financially incapacitated, so that they can’t mobilise towards the polls,” Wike explained.
“But this is dangerous for democracy. This will further heighten tension in the country. We hope they jettison this evil plot. Elections should not be a do-or-die matter,” the governor emphasised.
It would be recalled that the main opposition Peoples Democratic Party (PDP) had earlier raised alarm on the plot to frame its top chieftains and elected government officials, including Deputy Senate President, Chief Ike Ekweremadu, Wike, Ekiti State Governor, Ayodele Fayose, among others.
Meanwhile, the National Chairman of the Peoples Democratic Party, Prince Uche Secondus, has described as “insensitive” President Muhammadu Buhari’s “reluctance” to visit Benue State.
He said the President should visit Benue State to commiserate with the people and the Catholic Church, which lost two priests and 17 other worshippers “in a senseless killing” by herdsmen.
The PDP chairman said the President should have visited Benue first before embarking on his ongoing two-day visit to Bauchi State.
Secondus said that while the nation and the Christian community, globally, mourn the “brutal murder” of the two priests, the President decided to “jump into an aircraft to Bauchi State” on a two-day visit without going to the venue of the murder in Benue State to commiserate and see things for himself, being the Commander-in-Chief.
He said that the action left everyone to wonder at the alleged lack of emotion on the part of the President concerning the plight of the citizens.
The PDP boss said in a statement signed by his Media Adviser, Mr. Ike Abonyi in Abuja, yesterday, that what the President was doing was “a clear show of arrogance and lack of empathy;” wondering why the needless bloodletting in Benue State should not attract his (Buhari’s) feelings.
He said, “There is no time a people need show of empathy and concern more than when they are in mourning mood, as is the case now with the people of Benue State.”
Meanwhile, the Peoples Democratic Party (PDP) has urged the people of the South-East not to allow themselves to be taken for a ride by the Presidency with the claim that its support for President Muhammadu Buhari’s re-election bid would help facilitate the Igbo quest to have one of its own occupy the highest seat of power.
The party also challenged the ruling All Progressives Congress (APC) to demonstrate its new found love for the South-East by ensuring the implementation of the 2014 confab report, part of which recommendation is the rotation of the Presidency among the six geo-political zones.
In an interview with newsmen, yesterday, National Publicity Secretary of the PDP, Kola Ologbondiyan said if the ruling party was truly in support of the Igbo Presidential aspiration, it should forward the report to the National Assembly for possible input in the amendment of the 1999 Constitution.
He said: “The South-East is a traditional stronghold of the PDP and APC on realising this is coming up with all forms of gimmicks to garner the votes of the South-East. Does APC look like a party that believe in the minority rights? If APC believes in the minority rights, they should go and dust up the 2014 confab report and begin its implementation.
“The question surrounding the possibility of the South-East producing the President is answered in the 2014 confab report. They should take up that report and begin the implementation or forward the report to the National Assembly, and allow the lawmakers to make use of same in amending the relevant provisions of the 1999 Constitution.”
While urging the people to embrace the PDP platform, the publicity scribe argued that the South-East would continue to receive the attention of the party, arguing that if the South-South could produce the nation’s first citizen on its platform; there was no reason the South-East would not repeat the feat.
“That promise to the South-East is not necessary. If they have not done this (implementation of the confab report), they are merely deceiving our brothers in the South-East. But our brothers in the South-East know that the PDP belongs to all Nigerians. They also know that if the South-South can be President, it is equally certain that the South-East can also be President,” he stressed.
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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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