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Recover Govt Property From Illegal Occupants, Wike Charges Task Force …Explains Focus On Massive Urban Renewal

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The Rivers State Governor, Chief Nyesom Wike has inaugurated the state Task Force for the Recovery of Government Properties, with a charge to members of the task force to work diligently for the state.
Inaugurating the committee in Government House, Port Harcourt, last Monday, Wike said several permanent secretaries and top civil servants have retired from service, but were still illegally occupying government quarters.
Wike noted that several attempts to ensure that they vacate government quarters, so that serving officers can reside in such houses have met with resistance from the retired senior civil servants.
“You are by this inauguration required to recover all government properties illegally occupied by some persons.
“There are many civil servants who have retired from service, but are still occupying government buildings several years after retirement. This has made it difficult for those in service to have official quarters allocated to them”, he said.
The governor told members of the task force that they would face challenges while carrying out their responsibilities, and advised them to be firm.
He assured that the Rivers State Government would provide the required security and logistical support for them to carry out their functions.
Wike said that some top civil servants have gone as far as taking illegal measures to own government properties, noting that in some blocks of flats, some have gone to illegally acquire Certificates of Occupancy (CoOs).
“If you are a civil servant, you already know when you are to retire. Therefore, you have to plan for retirement.
“It is regrettable that some civil servants even fail to maintain government buildings where they reside. Do this assignment diligently. Except there is a clear court order, recover government buildings that have been illegally occupied”, he directed members of the task force.
The governor also charged the task force to locate government lands that have been illegally occupied and recover same.
Responding, Chairman of the Task Force for the Recovery of Government Properties, Barrister Rufus Godwins appreciated the governor for the confidence reposed in the members to carry out the important responsibility.
Godwins, who is also the Head of Service, assured the Rivers State governor that the task force would locate, identify and recover all government properties illegally occupied.
He said where the task force meets resistance; it would recommend prosecution of the affected persons to the office of the Attorney General of Rivers State.
Meanwhile, the Rivers State Governor, Chief Nyesom Wike has explained that the ongoing urban renewal of Port Harcourt City and adjoining towns of the state capital was aimed at returning the city to its Garden City status.
Speaking after inspecting ongoing projects, last Monday, Wike said that his administration was committed to reconstructing key roads in the state capital to ease traffic congestion and boost the economy.
He said because his administration was committed to constructing roads that would last, adding that 70 per cent of the urban renewal scheme would be handled by a Nigerian-based international construction company.
“We are working hard to return Port Harcourt City to its Garden City status. That is why we have embarked on massive urban renewal across the state capital.
“Seventy per cent of the roads under construction will be handled by international construction company, Julius Berger. We are committed to delivering roads that will last for the people of the state”, he said.
On one of the roads under construction near the Polo Club, Port Harcourt, Wike said that he would invite the management of Polo Club to work towards removing the shanties that deface the area.
He said if the management of Polo Club fails to act, the state government would be compelled to take tough action.
“We cannot allow the kind of shanties that I am seeing here. I have sent for the President of Port Harcourt Polo Club to come and give them notice to quit”, he said.
The governor said that the Judges’ Quarters have already been completed, while contractors were concluding work on the external services, especially the drainage system.
He said that the Mother and Child Hospital would be completed by the end of the year, and commended the quality of work done by the contractors.
Wike was accompanied on the project inspection by the Rivers State Chairman of PDP, Bro Felix Obuah and Senator Olaka Nwogu.

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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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