News
I won’t stop Rivers Assembly from performing constitutional duties – Wike
The Minister of the Federal Capital Territory (FCT) Nyesom Wike has said he will not stop the Rivers House of Assembly led by Speaker Martins Amaewhule from performing its constitutional functions.
Wike also blamed the Secretary to the Rivers State Government (SSG), Dr. Tammy Danagogo, for instigating the main issue that led to the ongoing political crisis in the State.
The minister spoke at Abalama Town where a crowd of Kalabari Ijaw trooped out in their numbers to treat him to a grand civic reception and thanksgiving.
The event held despite protests by some women groups, who tried to block the road to stop people from accessing the venue of the programme.
Security operatives, especially the police fired teargas cannisters at the protesters to disperse them to avoid the disruption of the programme.
Wike, who was cheered by the crowd, said he came because some persons threatened him not to attend the event, noting that the occasion was an indication the opposition was a mere radio noise.
He said: “I heard some people say I won’t come here. Who are they and how many are they? What you have done today is to tell the world all these noise in the radio is not the real thing.
If you are of the Kalabari and of the Ijaw nation and you are receiving me today, God will continue to bless you. I will continue to stand by you and to support you.
”He explained some persons had misunderstood and misinterpreted his recent interview on Ijaw but clarified that he only meant that an Ijaw man becoming a governor in Rivers was made possible and agreement to work together.
He said at the final day of deciding who would be his successor, Fubara said he was not interested and urged them to give the position to his then Commissioner for Finance, Isaac Kamalu.
He recalled the process that led to Siminalayi Fubara becoming the Governor adding that Chief Alabraba, Chief Seargent Awuse and OCJ Okocha mounted pressure on him to allow Fubara in the principle of live and let live.
He said: “What I said on my interview people will want to misinterpret it. However they want to misinterpret it is their business. I want to repeat what I said. I said we are all working together if we don’t work together it would have been difficult to produce the governor.
That was what I said. Chief Alabraba did not allow me to rest; he nearly fainted when we were deciding who would be governor.
“Himself, OCJ Okocha and Seargent Awuse and this boy Celestine Omehia when we met, that day was the primary, this governor today said he was not going to run that my Commissioner for Finance, Isaac Kamalu, should be the one to run.
Celestine Omehia said it should be Isaac Kamalu that this governor cannot carry out effectively, the functions of the governor.
“OCJ Okocha and Chief Awuse said live and let live. Let us not do something that people will begin to say why must it be only one sided.
What I mean was that it was not because of the strength or the power of Ijaw. It was because we worked together.
“Nobody should associate anything evil to Ijaw. Ijaw people are not evil people. You cannot be saying I will blow pipeline. No.
Engage people intellectually and diplomatically and you get what you want. In the world we are in today we have passed the stage of threatening people.
”Wike said those around the Governor encouraged him to seize the salaries and allowances of the House of Assembly members for over a year telling the governor that nothing would happen.
He said: “They told you to seize Assembly members salaries and allowances for more than one year. They have no income to feed their families and pay their children school fees. And you were jubilating and people were encouraging you and telling you that nothing would happen.
“Now something has happened. I am not going to stop the assembly from performing their constitutional duties. The Assembly should be allowed to perform their duties. People who love peace don’t threaten people.
”I told you that the House of Assembly will not lose their seats. I told you that the shenanigans of local government would not stand. I don’t need to be a governor. I know what is illegal is illegal. We fight it constitutionally and by following due process. What did we do wrong?
“We said all these chairmen and the assembly members suffered, national Assembly members suffered for you to become governor. Therefore, don’t abandon them. But they said I was asking for money.
Has the money come? Those you are sharing the money, how far?
“Remember yesterday. A man is bad, a man is crook and a man is a criminal. But it was that same man that made you against all odds. If I hate Ijaw I wouldn’t have done that and nothing would have happened. I followed my principle of live and let live.
“If you watch all those around the governor are people who are natural ingrates. Nobody who is not an ingrates will associate himself with what is going on.
I told the governor to eat what God had given to him peacefully that it is not good for him to face this crisis. But they told him, you are governor you have money. I agree but money is not everything.
All these people have nothing to offer. See where we are. Now how far?
”Wike highlighted all the projects he initiated and handed over to Fubara to make him popular including the Port Harcourt Ring Road adding that whatever the governor’s team was parading were his initiatives.
Tracing the genesis of the crisis, the minister said: “Who started this problem? Danagogo SSG used his elder brother, who is a judge.
They sat down under ex parte order saying 27 members have defected; ex parte not on notice.
“SSG lured his brother judge to give ex parte order that the government can present budget to three or four people. Secretary is Danagogo, the judge who gave the order is Danagogo.
Look at how people can destroy a state. “That is the genesis of all this crisis; how a judge will sit down under ex parte order saying that people had defected and you can present budget to three people.
This is Danagogo who wanted to be governor.
He was so pained that he was not given.
“He is the one leading you and he will lead you to hellfire. You surround yourself with people who wanted to be governor; who I stopped because they don’t mean well for Rivers State.
They are the ones surrounding you giving you advice. Why do you think you will succeed?
“They will give you bad advice and see what the bad advice is doing to you. This is 2:0 and more will come. I haven’t seen this kind of politics where you surround yourself with those who want your seat.
Will it work? They come they and abuse me and you are happy. You don’t know they are destroying you”.
He remembered that President Bola Ahmed Tinubu invited them for peace but that while he and other leaders got the assembly members to withdraw the impeachment notice they issued to the governor, those around Fubara stopped him from implementing the decision.
News
Presidential Condolences to Chimamanda Over the loss of her son
President Tinubu said , “As a parent myself who has suffered the loss of a loved one, no grief is as devastating as losing a child.”
President Bola Ahmed Tinubu has consoled with Ms Chimamanda Ngozi Adichie, her husband, Dr Ivara Esege, and the entire family on the passing of their son, Nkanu Nnamdi.
President Tinubu said , “As a parent myself who has suffered the loss of a loved one, no grief is as devastating as losing a child.
I empathise with the family at this difficult time, and I mourn this sad loss with them.
Ms Adichie is a literary icon who has brought joy and light to many homes globally, and I pray she and her family find strength in the Almighty in this trying hour.My prayers are with the family.”
Business
President Tinubu Hails NGX for Crossing ₦100 Trillion Market Capitalisation Milestone
Urges Deeper Local Investments
President Bola Tinubu has commended corporate Nigeria, investors, and stakeholders in the capital market for propelling the Nigerian Exchange (NGX) beyond the historic ₦100 trillion market capitalisation threshold.
In a statement issued by his Special Adviser on Information and Strategy, Bayo Onanuga, the President described the achievement as a “new economic reality and rejuvenation,” signalling strong investor confidence in Nigeria’s reforming economy.
“With the Nigerian Exchange crossing the historic N100 trillion mark, the country is witnessing the birth of a new economic reality,” President Tinubu said. He highlighted the NGX All-Share Index’s impressive 51.19% return in 2025 — outperforming the previous year’s 37.65% and ranking among the world’s top performers — even as many global markets faced stagnation.
The President noted year-to-date gains surpassing benchmarks like the S&P 500 and FTSE 100, positioning Nigeria as an attractive investment destination rather than a overlooked frontier market.
He praised resilient performances across sectors, from industrial giants localising supply chains to innovative banks, and anticipated further growth with upcoming listings in energy, tech, telecoms, and infrastructure.
President Tinubu linked the stock market’s success to broader reforms yielding macroeconomic stability. Inflation has declined for eight consecutive months, dropping from a peak of 34.8% in December 2024 to 14.45% in November 2025, with forecasts suggesting 12% in 2026 and potentially single digits by year-end.
Nigeria recorded a $16 billion current account surplus in 2024, projected to rise to $18.81 billion in 2026, driven by surging non-oil exports (up 48% to ₦9.2 trillion in Q3 2025) and manufacturing growth. Foreign reserves have exceeded $45 billion, with the naira stabilising and projections to surpass $50 billion in early 2026.
Infrastructure advances, including rail expansions, major highways like Lagos-Calabar and Sokoto-Badagry, and port revitalisation, were also highlighted, alongside improvements in healthcare, education loans via NELFUND, and research funding.
Urging Nigerians to invest more domestically, President Tinubu assured that “2026 will yield even greater returns” as reforms mature. He pledged continued efforts toward a transparent, egalitarian, high-growth economy, bolstered by tax and fiscal changes effective January 1, 2026.
“Nation-building is a process requiring hard work and focus. This ₦100 trillion milestone signals to the world that Nigeria’s economy is robust and productive,” he concluded.
News
JUST IN: Omi Eko Project Appoints Dr. Segun Alabi as Head of Communications and Media
The Omi Eko Project, a landmark €410 million sustainable water transport initiative aimed at easing road congestion and modernizing Lagos’ underutilized waterways, has named Dr. Segun Alabi as its new Head of Communications and Media.
The appointment was announced today, with Mr. Oluwadamilola Emmanuel, Special Adviser on Blue Economy to the Lagos State Governor and Project Coordinator, praising Dr. Alabi’s proven track record in corporate affairs and strategic communications.
“Dr. Alabi is a highly accomplished Corporate Affairs professional with diverse experience spanning Pay TV, financial services, real estate, business membership organisations, and the manufacturing sector,” Mr. Emmanuel stated.
In his new role, Dr. Alabi will oversee the development and implementation of communication strategies, media relations, and efforts to highlight the project’s goals of promoting efficient, eco-friendly urban mobility across the Lagos metropolis.
Most recently, Dr. Alabi served as Assistant Director of Corporate Affairs and Communications at the Manufacturers Association of Nigeria (MAN), where he managed corporate communications, public affairs, and events. His expertise extends to reputation management, government relations, corporate social responsibility, stakeholder engagement, public policy advocacy, and digital media strategies.
Described as a strategic communicator skilled in leveraging information for organizational impact, Dr. Alabi holds a PhD in English from the University of Lagos, specializing in Language Use and Communication.
Expressing enthusiasm for the role, Dr. Alabi said: “I am excited to join the Omi Eko Project team. This opportunity is truly a dream come true. While the task ahead is enormous, it is certainly achievable.
”Backed by the European Union, French Development Agency (AFD), European Investment Bank (EIB), and private partners, the Omi Eko Project seeks to establish organized ferry routes, deploy electric vessels, and upgrade terminals to shift more commuters to waterways, reducing traffic and emissions while boosting sustainability.
About the Omi Eko Project:
The Omi Eko Project is a €410 million initiative to revolutionize waterway transportation in Lagos, unlocking the state’s vast inland waterways for safer, greener, and more efficient public mobility. Supported by international partners under the EU’s Global Gateway strategy, it represents a pivotal advancement in environmentally responsible urban transport for Africa’s largest city.
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