Featured
Wike Uncovers Rivers’ Aircraft Secretly Abandoned In Germany
The Rivers State Government has discovered one of the state-owned Legacy 600 aircraft, that was flown to and abandoned in Germany since 2012 by the former Governor, HonChibuikeAmaechi-led administration.
The state Governor, Chief NyesomWike, who disclosed this, said the government discovered the aircraft through credible intelligence.
The governor said it was unconscionable for the immediate past administration to have surreptitiously taken a state-owned asset to Germany and abandoned same there, without any documentation.
Wike, who led a delegation of Rivers leaders to General Atomics Aerotec in Munich, Germany, where the aircraft had been abandoned for 10 years, said efforts to repair and retrieve the aircraft have cost the state government over €3million.
Speaking during a meeting with the General Manager, Business Development, General Atomics Aerotec, Markus Froetschi, the governor explained that his administration, in a bid to recover state assets, had through intelligence, discovered that the Legacy 600 jet purchased by the Dr Peter Odili-led administration was in Germany.
“When we came into office in 2015, we never had an idea that our plane was in your facility. It was a matter of asking questions before we got the information that Legacy 600 belonging to our state is in RUAG, before General Atomics. We tried to make contact with you, which you obliged. So, we want to sincerely thank you for not hiding anything from us, because it is the property of the Rivers State Government.
“This plane was bought in 2003 by the government of Dr Peter Odili, and by 2007, he had handed over to the next government, which was my predecessor’s, now, Minister of Transportation, RotimiAmaechi. While he was in office, by 2012, this plane was brought here. Reasons we do not know.”
Wike said there was no document indicating that the state-owned aircraft was flown to Germany and abandoned for any reason.
“The issue is: why was there no documentation to let the incoming government know that we have this facility, and we sent it to RUAG for inspection. Again, I do know from experience that inspection of such facility does not take more than six months. So, if it was brought in 2012, expectantly, at least, by early 2013, the plane ought to have come back to us for use.”
Wike said he had to travel to Munich, Germany with a state delegation to prove that the Legacy 600 aircraft has been discovered and about to be returned to the state government.
Those on the governor’s entourage included the Speaker, Rivers State House of Assembly, Rt. Hon. Ikuinyi-OwajiIbani; Deputy Speaker, Rivers State House of Assembly, Hon. Ehie Edison; Rivers State Attorney-General and Commissioner for Justice, Prof. ZacchaeusAdangor; member of House of Representatives, Hon. Ken Chikere; Rivers State Chairman, Peoples Democratic Party, Amb Desmond Akawor; Chairman, Ikwerre LGA, Engr Samuel Nwanosike, among others.
Responding, the General Manager, Business Development, General Atomics Aerotec, Markus Froetschi, said the aircraft was brought to Germany by the immediate past administration and abandoned since 2012.
He expressed delight that Wike took the initiative to repair and return the aircraft to Nigeria for use by the state government.
According to him, his company would be done with general maintenance work and deliver the aircraft to the state government by March.
In his remarks, the Speaker, Rivers State House of Assembly, Rt. Hon. Ikuinyi-OwajiIbani, said he was elated that the aircraft has been recovered by the state government.
According to him, state lawmakers would continue to support every effort to recover all government assets and property.
Similarly, the Deputy Speaker, Rivers State House of Assembly, Hon. Ehie Edison described the abandonment of the aircraft in Germany as administrative recklessness.
“We are surprised that this is more than 10 years that the aircraft has been here. Their intention we cannot say for such, but it shows administrative recklessness, and worst of all, there is no proper documentation to show that Rivers State Government as at then, meant well for Rivers people.”
Also speaking, Chairman of Ikwerre Local Government Area, Engr Samuel Nwanosikealleged that considering the brazen manner at which the immediate past administration sold state-owned valuable assets to their cronies, it was obvious that the Legacy 600 was surreptitiously flown to Germany to be converted to personal use.
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.
