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We’ve Silenced APC, Wike Affirms …As Ekweremadu Commissions Abonnema Ring Road

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The Rivers State Governor, Chief Nyesom Wike says the non-stop inauguration of completed projects in the state has silenced critics, and members of the opposition party, the All Progressives Congress (APC).
Wike stated this at the inauguration of Abonnema Ring Road in Akuku-Toru Local Government Area of the state by the former Deputy Senate President, Senator Ike Ekweremadu, yesterday.
The governor said instead of the opposition to address how they can encourage their APC governors to roll out projects for inauguration as done by PDP governors, they were hiding under the guise of speaking for local contracting firms.
He described allegations that his administration has refused to empower local contracting firms to handle projects’ construction as sheer falsehood.
Wike said some of the projects that have been inaugurated this week such as the Sime-Nonwa-Kira Road was handled by Rivers construction firm, Lubrik Construction Company, while the Abonnema Ring Road was done by O.K. Isokariari Construction Company.
According to him, his administration was mindful of empowering Rivers people, encouraging and trusting them to handle some critical projects because he believes in their capacity.
“Members of the All Progressives Congress (APC) have said I should mention those whom, locally, we have empowered. O.K. Isokariari Company is a Rivers company. They did Phase One of Okochiri Road. They have also done this Abonnema Ring Road.
“Lubrik Construction Company Ltd is a local company too. As we go on, we will begin to mention them. Our own is not to develop others without developing our own people. I am happy with the contractor. We will continue to engage you so that you will employ Rivers sons and daughters.
“You see how we have silenced them in the state. We commissioned projects until the 24th of December, 2020. We have started this year since 4th January, 2021. Let them tell their people to roll out their projects and call people.”
The governor said the PDP was different from APC because it always keeps its promises to the people, delivers good governance and quality projects that satisfy the yearnings of the people.
“For us, as a party and government, whatever promises we make, we must fulfil them. We are not a party that promises and fail or gives excuses.
“We are a party that when we make a promise, we must fulfil the promise because we owe it to the people. That is why I have told our people, we have no choice, that the only hope this country has today is the Peoples Democratic Party (PDP).”
Wike said it was not the length of the ring road that matters but its importance to the people.
He stated that the ring road now serves as an alternative route in and out of Abonnema and Obonoma towns.
He announced that the adjoining mangrove would be dredged to provide land to the people of Abonnema and Obonoma that they can use for future development.
“Having done this, the next thing for us to do is sand-filling so that they can have land to build on. I know how important land is to them.
“I, therefore, direct the Special Adviser on Special Projects to meet with the Secretary to the State Government (SSG) to make sure we award a contract of sand-filling of Abonnema-Obonoma areas.”
While commissioning the project, the former Deputy Senate President, Senator Ike Ekweremadu, said by executing projects in the hinterland other than the city, the Wike administration has demonstrated equity and justice to Rivers people.
He noted that the lessons to be learnt from the series of projects’ inauguration in Rivers State by governors and other political leaders, should be for them to get inspired and replicate such development in their various states and at the national level.
“I believe it when I said that we should not be ashamed to say we are learning from our colleague on what to do. If we need help, we must seek help from whoever we can get help from, and that’s the only way we can develop.”
Ekweremadu also enjoined the Federal Government to explore the possibility of getting assistance from foreign countries that have such capacity in order to protect the sovereignty of the country, its people and democracy.
“Today, we are challenged as a country in terms of security. Out of sheer national pride, we have not been able to accept help and assistance from those who know better, who can help us to secure this country.
“This is an opportunity for me to call on our leaders, just like I am saying that other states should learn from Rivers State, we in Nigeria must also accept assistance from other countries in order to secure our borders, secure our democracy, secure our place and secure the citizens of this country. That is the only way to go. We must learn from those who have done better than us.”
In his remarks, the Commissioner for Works, Hon Elloka Tasie-Amadi said prior to the construction of the phase two of the ring road, there was only one entry route into Abonnema.
He explained that the phase two of the project, which was initiated by Governor Wike administration, now serves as alternate route for the people.

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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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