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Narrative Of Unsafe N’Delta, A Conspiracy Theory, Wike Alleges
The Rivers State Governor, Chief Nyesom Wike, has accused international oil companies (IOCs) of being part to a conspiracy theory that the Niger Delta was unsafe in order not to relocate their corporate headquarters to the region.
The governor observed that so long as this kind of negative narrative geared at perpetuating injustice was not addressed, the country’s corporate existence and stability would continue to be threatened.
Wike made these assertions at the official commissioning of the Nigeria Liquefied Natural Gas (NLNG) corporate headquarters, sitting on 126,060 square meters of land, in Port Harcourt, the River State capital, last Wednesday.
The NLNG head office is located at Amadi-Ama, on Peter Odili Road.
Wike noted that for several years, multinational oil companies and some vested interest groups have been promoting the negative narrative that Niger Delta was not safe to legitimise their sheer refusal to relocate their corporate head office to the region.
“If Rivers State is not safe, why will NLGN be operating in Rivers State, and have its headquarters in Rivers State? So, those proponents of insecurity, please, try to have a second thought. This state is safe. If the state is not safe, you cannot construct this edifice”, the governor said.
Wike commended the NLNG management for taking a bold step towards strengthening its relationship with the people of Rivers State.
He stated that NLNG’s presence in Port Harcourt City spoke volumes of the company’s respect for Rivers State people, adding that the decision by the company to construct its head office in the state showed that Rivers State was safe for business.
“I am here because NLNG has shown a lot of commitment and support for the host communities and the state. The company has done well and has set an example for other companies to emulate.
“I am happy with what the company has done for the host communities during the construction of the building. That is what is expected. It has a very good relationship with its hosts in Bonny, and in other parts of the state, and I believe it will continue to enjoy a hitch-free business in the state,” Wike said.
The governor said it was morally offensive for oil companies to continue to exploit oil and gas in the Niger Delta and locate their headquarters elsewhere in the country.
According to him, the claim that the Niger Delta was unsafe is not tenable.
“Understand that this conspiracy theory against the Niger Delta is a temporary thing. I can assure you, one day; everybody will come back to their operating base. Nobody can change it.”
Wike challenged the multinational companies to prove if Lagos and Abuja don’t have security issues as the rest of the country, today.
He maintained that the idea of flying in oil workers from Lagos to work in the Niger Delta, and then, fly them back, was detrimental to the nation’s economic wellbeing.
The governor commended NLNG for showing the right example by relocating its corporate headquarters to Rivers State, which is its operational base, and assured the management that the state government would continue to create an enabling environment for businesses to thrive.
Wike further thanked the company for funding the 40kilometers Bonny-Bodo Road project of which the Federal Government was expected to provide counterpart funding.
He said that it was unfair for the Federal Executive Council to approve over N780billion for the Abuja-Kano Highway, but refuse to provide counterpart funding of just N60billion for the Bonny-Bodo Road project.
“There is so much injustice in the country, and if you don’t correct it, there will continue to be problems. Injustice brings insecurity, whether you like it or not. When a people feel they are not part of the sharing of our national cake, what do you want them to do?”, Wike asked.
In his remarks, the Managing Director of NLNG, Tony Attah, said the iconic edifice was intended to convey the company’s bold presence in Port Harcourt and the Niger Delta region.
According to Attah, the building and commissioning of the corporate head office, was in line with its vision of being a global LNG company, helping to build a better Nigeria.
He stated further that the corporate head office has made the company more visible, adding that the office was an unequivocal statement that NLNG remains a committed partner to the people of Rivers State in the sustainable development of the state.
“Nigeria LNG’s resolve to relocate its corporate head office from Lagos, where it was established from inception of its operation was a well thought-out decision that, among other things, demonstrates our strong bond of friendship with Port Harcourt and Rivers State, even as we reinforce our commitment to stand tall as a Nigerian brand in the global marketplace.
By this action, we also attest that Rivers State is not just the ‘Treasure Base of the Nation’ but the home of uncommon hospitality, which we have come to enjoy and reciprocate at every opportunity.
“Beyond building a head office for our business, the beautification of this once remote locality was also in our hearts when we started this project. Earlier in August, 2018, we had opened a part of this complex – an ultra-modern Transit Lounge – to enable a smooth and comfortable sail between our operating base on Bonny Island and the state capital.
“The construction of the facility was actually our first major step at transforming the shoreline, and since then, we have intensified our usual efforts at making the creek a viable waterway for meaningful human activities. Today, we can pride ourselves, even if modestly, as a beacon of modernity in this axis of Port Harcourt. But equally important, we hope that our presence will trigger positive developments in real estate and ancillary businesses in the area.
“The commissioning of this complex is coming at such an auspicious time in the life of Nigeria LNG, a time when we have astutely proven our self as an excellent and reliable player in the global LNG market, with 20 years record and still counting. Our doggedness towards achieving even more success in both the international market and the domestic energy sector has prompted the commencement of our Train 7 project, which has been avidly socialized among all critical stakeholders,” he said.
He stated that one of the signs of the company’s commitment to the people of Rivers State in the sustainable development of the state is the N120billion Bonny-Bodo Road, which NLNG was partly funding.
Attah added that some progress has been achieved in one of the most significant CSR initiatives by any single entity in the country, and that the 40-kilometre road would boost economic activities and ultimately better the lives of thousands of Nigerians in Rivers State.
He expressed delight that the company was driving Nigeria’s gas revolution and investing huge resources in human capacity development in its host communities.
Also speaking, the Minister of State for Petroleum Resources, Chief Timipre Sylva; thanked the NLNG for playing a very crucial role in the country’s gas expansion project.
According to him, for decades, the NLNG has demonstrated commitment to the country’s aspiration to be a leading gas producer in the world.
Former managing director of NLNG, Chima Ibeneche, said he initiated the move to relocate the NLNG corporate headquarters from Lagos to Port Harcourt because it was just the right thing to do.
As part of the commissioning, the governor was led on a tour immediately after the ribbon-cutting by the Chairman of NLNG’s Board of Directors, Dr Edmund Daukoru; together with the Managing Director/Chief Executive Officer, Engr. Tony Attah; Deputy Managing Director, Engr. Sadeeq Mai-Bornu; and other members of the company’s Senior Management Team.
The head office is a four-storey complex with cluster buildings occupying 76,000 square metres of land, and equipped with one board room, 121 office spaces, 51 meeting and huddle rooms, smart and ergonomic workstations, a library, a press centre and a crèche.
Other features of the office include a transit lounge for the company’s jetty, warehouse, a dedicated fire station, gym, two banking halls, an ATM gallery, and ample green area.
The governor had in 2015 flagged-off the construction of the building at its ground-breaking ceremony.
NLNG is owned by four shareholders; namely, the Federal Government of Nigeria, represented by Nigerian National Petroleum Corporation (49%); Shell Gas B.V. (25.6%); Total Gaz Electricite Holdings France (15%); and Eni International N.A. N. V. S.àr. l (10.4%).
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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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