Featured
Gov, BOT Saved PDP From Implosion, Wike Affirms
The Rivers State Governor, Chief Nyesom Wike, says the resolution of the internal crisis rocking the Peoples Democratic Party (PDP) has allayed his initial fear of possible implosion in the party.
He noted that the convivial manner in which PDP governors and Board of Trustee members resolved the crisis has given Nigerians hope that the party was prepared to take over the reins of power from the ruling All Progressives Congress (APC) in 2023.
Wike made the assertion while speaking as a guest on the Africa Independent Television’s Programme, ‘Focus Nigeria’, in Port Harcourt, last Friday.
The governor explained that it was not uncommon for a political party to experience internal squabble in view of the forthcoming poll and varying interests, but commended PDP governors for coming together to speak with one voice to end the differences.
“I used to be afraid of possibility of an implosion, and that could have been the end of the party. But what I saw on Monday gave me a lot of confidence for the first time. I have never seen that happens, the way the governors came together and spoke in a convivial manner with no dissenting view. I was impressed.”
Wike, who dismissed insinuations that he has personal disagreement with the National Chairman of the PDP, Prince Uche Secondus, stated that his primary concern had been to salvage the PDP from an impending doom occasioned by an inert leadership.
“Everybody believed that whatever the national chairman was doing was dictated by Wike and must have the backing of Wike. I believe when you support somebody, support him to succeed. But when things are also going wrong, if you don’t speak out, people will believe you are part of it. Therefore, I owe it as a duty to say things are not going right.”
The governor accused some members of the National Working Committee (NWC), particularly, the National Organising Secretary, Col Austin Akobundu, of stirring crisis in the party because of his governorship ambition.
He warned that the PDP should be wary of agents of the APC, whose stock in trade was to cause division and destabilise the party.
According to him, some of these persons are some former governors and ministers.
The governor stated that he does not have problems with the former Vice President, Alhaji Atiku Abubarkar, and was not aware if Atiku wants to contest the presidency in 2023 because PDP has not yet zoned the presidency.
Commenting on the recent court judgement that it was Rivers State Government and not Federal Inland Revenue Service (FIRS) that should collect Value Added Tax (VAT) and other related taxes in the state, the governor said the state approached the court to seek an end to perceived infraction of its rights and powers.
Wike, who accused the Federal Government of emasculating states by usurping their constitutional rights and powers, revealed that the FIRS had surreptitiously written to the National Assembly to amend the Constitution and make collection of VAT exclusive to the Federal Government.
“The Federal Inland Revenue Service wrote a letter to the National Assembly to amend the Constitution to make VAT to be in the Exclusive List. So, we intercepted that letter and brought it to court because they know that under the law, it is not within their powers to collect these taxes. And in order to solve the problem, they wrote a letter to the National Assembly to amend the Constitution to make them have the exclusive right. If they were right, they wouldn’t have done that.”
The governor revealed that he has already sent a bill to the Rivers State House of Assembly to empower the state government to collect VAT and other related taxes in the state.
He stated that Rivers State felt betrayed by former governor of Imo State, Rt. Hon. Emeka Ihedioha, for masterminding a plot to take over some Rivers State oil wells.
The governor described as unfortunate the attempt by the incumbent Imo State Government to compromise the National Boundary Commission to cede Rivers State oil wells to Imo State.
“We filed a suit at the Supreme Court in 2020 believing that Imo State Government will file their defence, but as I speak to you, they have not filed their defence. I have never seen a very corrupt commission like the boundary commission. Unknown to us, instead of the Imo State Government to file their defence, they went to the boundary commission, met with them to adjust the boundary, but we got the information.”
On the issue of the recently amended Electoral Act, the governor charged President Muhammadu Buhari to reject the bill passed by the National Assembly to prove that he was committed to credible elections in 2023.
He stated that by rejecting electronic transmission of election results, APC members in the National Assembly had planned coup against Nigerians.
Featured
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.
Featured
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.
?
?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.
?
?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.
?
?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.
?
?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.
?
Featured
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.
-
Rivers16 hours ago
Rivers Police Commissioner Condemns Vigilante Group Over Aluu Attack
-
Business16 hours ago
Industrialism, Agriculture To End Food Imports, ex-AfDB Adviser Tells FG
-
Rivers16 hours ago
KALCCIMA Inaugurates New Executive Council … Pledges Renewed Drive For Kalabari Economic Growth
-
Politics17 hours ago
Bayelsa APC Endorses Tinubu For Second Term
-
Business16 hours ago
Cashew Industry Can Generate $10bn Annually- Association
-
Politics16 hours agoEFCC Alleges Blackmail Plot By Opposition Politicians
-
Politics17 hours ago
Datti Baba-Ahmed Reaffirms Loyalty To LP, Forecloses Joining ADC
-
Business15 hours ago
AFAN Unveils Plans To Boost Food Production In 2026
