News
Professionals, PDP-GSF Endorse Wike For 2019

Rivers professionals under the aegis of Rivers Professionals for Wike (RIVPROW) have endorsed Rivers State Governor, Chief Nyesom Wike for a second term.
The Rivers professionals announced their endorsement of Wike during their solidarity visit to the Rivers State governor at the Government House, Port Harcourt, last Wednesday.
Leader of RIVPROW, Mr Enemi Alabo George said that professionals in the state were satisfied with the performance of Wike, hence their decision to support his re-election.
He said: “As professionals, we subscribe to your vision. We are willing to work for the success of the New Rivers Vision.
“You were elected by Rivers people and you have proved to be a good governor. Professionals have resolved that they want to be part of the process and to add value.”
He added that the professionals are ever ready to make their contributions to ensure that Wike continues to succeed in the state.
George stated that the policies of Wike have led to the growth of the economy of the state and the emergence of growing small and medium sized businesses.
Responding, Rivers State Governor, Chief Nyesom Wike charged professionals to be directly involved in politics in order to shape the direction of the society.
He said it is unwise for professionals to allow hooligans to hijack the governance structure, noting that the society would suffer for professionals staying away from politics.
“Professionals cannot give their destiny to those who don’t know anything. Professionals must show interest in politics to churn out quality policies.
“Don’t be afraid. You have the tools to make contributions for the development of the society. Don’t hand over Nigeria to hooligans”, he said.
The governor challenged Rivers people who are well-to-do to contribute their quota to the growth of the state.
He wondered why some politicians continue to fight the administration instead of attracting development to the state.
“When I talk about Rivers people, I mean indigenes of Rivers State, people born in Rivers State and people who live and do business in Rivers State.
“If they allow the ports to work, jobs will be created in the state. If the airport is working, more jobs will also be created”, he said.
He berated the All Progressives Congress-led Federal Government for failing the country, noting that the administration only intimidates Nigerians with insecurity.
He assured Rivers professionals that his administration would work with them by creating more employment opportunities for them.
Wike said that the state government would, in the coming weeks, employ 7,000 professionals into the state civil service and 14,000 teachers into the state education sector.
Highpoint of the solidarity visit was the presentation of the communique endorsing the governor by an official of RIVPROW, Golden Tamuno.
The group also presented a condolence letter to Wike through the Secretary, Prince Nyekwere.
Goodwill messages were delivered by the Deputy Governor, Dr Ipalibo Harry Banigo, Head of Service, Barrister Rufus Godwins and Commissioner of Sports, Boma Iyaye.
Also, the Rivers State Chapter of Peoples Democratic Party-Grassroots Support Foundation, has endorsed the Rivers State Governor, Chief Nyesom Wike for second term in office based on his sterling leadership qualities, commitment to grassroots development and prudence in the management of state resources for the good of Rivers people.
Addressing newsmen shortly after an indoor meeting of the group, the Rivers State Coordinator of the group, Comrade Bala Abiye, revealed that the endorsement was unanimously approved by the members of the group after considering the innumerable result-oriented projects executed by the governor since inception in 2015.
The state coordinator said the PDP-Grassroots Support Foundation, a non-profitable group affiliated with the People’s Democratic Party, could not afford to ignore the relevance and performance of Governor Nyesom Wike in sustaining democracy and good governance.
He opined that the governor, so far, had delivered government of transparency and accountability which had transformed the trajectory of governance from the woeful performance of the past.
According to him, the Wike-led administration has proved to all and sundry that it was delivering in her campaign promises and making lives of Rivers people much better through quality projects and programmes.
X-raying some of his achievements, Abiye said the governor was truly ‘Mr. Projects’.
“Everyone in Rivers State will agree with me that our jubilee governor is working. He started working on his very first day in office”, the state coordinator stated.
“Let me remind you that on the day of his inauguration on May 29, 2015, Wike declared ‘Operation Zero Potholes’ and had completed 23 out of the 26 strategic road projects inherited from the previous administration in the third year in office”, he said.
Abiye, confirmed that the group also saw on record the construction, reconstruction and rehabilitation of several roads, schools and hospitals, reclamation of lands, agricultural development and provision of other critical infrastructure across the state.
On human development and empowerment, among several others, the Wike-led administration, early this year, awarded a five-year full scholarship to 100 Rivers State indigent students to study medicine and surgery and other medical-related courses in one of the reputable indigenous medical universities.
“This, the governor promised, would continue for the next five years. Many other scholarships have also been awarded to several indigene students in different tertiary institutions”, Abiye said.
Abiye reiterated the commitment of the group, to work together with the governor and other pro-PDP organizations, stakeholders, countless members of the party and all well-meaning Rivers people in ensuring that ‘Mr. Projects’, was re-elected and returned as the governor of Rivers State come 2019.
Also speaking, Secretary of the group, Comrade Mbaba Smart, described the governor as Nigeria’s democracy icon who defends Rivers people.
His stout defence of democracy, according to him, has prevented the country from sliding into full-blown dictatorship.
Mbaba further disclosed that one of the greatest achievements of Wike was the creation of access to justice in the state.
“At inception, the governor opened the courts which had been closed down for two years by the past APC-led administration. Wike also swore-in the first female state Chief Judge and President of Customary Court of Appeal, and granted financial autonomy to the judiciary,” he said.
Commending the efforts of the governor, the Legal Adviser of the group, Barrister Tamunotoku Obelemabo, said the Wike-led administration has allocated a cumulative sum of over N12billion of the yearly budget to the relevant line-ministries to implement various youth and women development.
According to her, the administration has so far created over 400,000 direct and indirect jobs through projects, family empowerment, among others.
“Just recently, the Rivers State Government has started the process of recruiting 10,000 teachers and 4, 000 non-teachers into all the state-owned schools”, Obelemabo added.
News
Tinubu Orders Security Chiefs To Restore Peace In Plateau, Benue, Borno

President Bola Tinubu has ordered a security outreach to the hotbeds of recent killings in Plateau, Benue and Borno States, to restore peace to areas wracked by mass killings and bomb attacks.
National Security Adviser, Nuhu Ribadu, disclosed this to State House correspondents after a four-hour security briefing with the President at the Aso Rock Villa, Abuja on Wednesday.
“We listened and we took instructions from him. We got new directives…to go meet with the political authorities there,” Ribadu told reporters, adding that Tinubu directed them to engage state-level authorities in the worst-hit regions.
Director-General, National Intelligence Agency, Mohammed Mohammed; Chief Defence Intelligence of the Nigerian Army, Gen. Emmanuel Undianeye; Director-General, Department of State Services, Oluwatosin Ajayi and Chief of Staff to the President, Femi Gbajabiamila, appeared for the briefing.
The Tide’s source reports that in Plateau State, inter-communal violence between predominantly Christian farmers and nomadic herders spiralled into gory slaughter when gunmen stormed Zikke village in Bassa Local Government early on April 14, killing at least 51 people and razing homes in a single night.
In Benue, at least 56 people were killed in Logo and Gbagir after twin assaults blamed on armed herders.
Meanwhile, in Borno State, eight passengers perished and scores were injured when an improvised explosive device ripped through a bus on the Damboa–Maiduguri highway on April 12.
Ribadu explained that after an extensive briefing, intelligence chiefs received fresh instructions to restore peace, security and stability across Nigeria.
“In particular, Tinubu had ordered immediate outreach to the political authorities in Plateau, Benue and Borno States, and the defence team had gone round those States to carry out his directives and report back.
“We gave him an update on what has been the case and what is going on, and even when he was out there, before coming back, he was constantly in touch. He was giving directives. He was following developments, and we, in charge of the security, got the opportunity today to come and brief him properly for hours. And it was exhaustive.
“We listened and we took instructions from him. We got new directives. The fact is, Mr. President is insisting and working so hard to ensure that we have peace, security and stability in our country. We gave him an update on what is going on, and we also assured him that work is ongoing and continues.
“We also carried out his instructions. We went round, the chiefs were all out where we had these incidents of insecurity in Plateau State, Benue State, even Borno, these particular three states, and we gave him feedback, because he directed us to go meet with the political authorities there,” the NSA explained.
Ribadu described Tinubu as “worried and concerned,” and said he directed that all security arms be deployed around the clock.
The government, he added, believes these steps have already produced measurable improvements, even if the situation is not yet 100 per cent safe and secure.
“He’s so worried and concerned, he insisted that enough is enough, and we are working and to ensure that we restore peace and security and all of us are there. The armed forces are there, the Civil Police, intelligence communities, they are there.
“They are working there 24 hours, and we feel that we have done enough to believe that we are on the right course, and we’ll be able to be on top of things,” Ribadu stated.
The NSA emphasised that combating insecurity was not solely a Federal Government responsibility.
He stated, “The issue of insecurity often is not just for the government. It involves the subunits. They are the ones who are directly with the people, especially if some of the challenges are more or less bordering on community problems.
“Not entirely everything is that, but of course it also plays a significant role. You need to work with the communities, the local governments, and the governors, especially the governors.
“The President will continue to direct that. We should be doing that, and that’s what we are able to. We are very happy and very satisfied with the instructions and directives given by Mr. President this evening.”
In Borno State, the NSA noted that while violence had surged in recent months, the insurgents refused to accept defeat.
He warned that most recent casualties there resulted from improvised explosive devices—”cowardly” IED attacks targeting civilians—and from opportunistic raids that follow any lull in fighting.
“We are getting the cooperation of the leadership at the state level, and everybody. It’s not 100 per cent…but we are going there.
“When you are having peace and you are beginning to get used to it, if one bad incident happens, you forget the periods that you enjoyed peacefully,” he added.
He paid tribute to the “many who do not sleep, who walk throughout, who do not go for any break or holiday”—the soldiers, police and intelligence officers whose sacrifices have created the fragile calm Nigerians now experience.
“They will continue to be there,” he said, adding, “Things have changed in this country…we are on the right track and we will not relent. We will not sit down; we will not stop until we are able to achieve results.”
News
FG Laments Low Patronage Of Made-In-Nigeria Products

A Federal Government agency – the National Agency for Science and Engineering Infrastructure, has decried the low patronage of Nigerian-made products by Nigerians.
The agency identified some challenges leading to the low patronage of the local products as affordability and public perception, among others.
Speaking during a stakeholders meeting organised by the agency in Akure, Ondo State capital, yesterday, the Deputy Director of Engineering at NASENI, Mr Joseph Alasoluyi, said Nigerians preferred buying foreign goods compared to local goods.
Alasoluyi, however disclosed that the agency had trained over 50 participants in the production of hand-made products, in a bid to ensure Nigeria-made products are patronised.
He explained that NASENI was set up to promote science, technology, and engineering as a foundation for Nigeria’s development and currently operates 12 institutes nationwide to achieve its objectives.
According to him, the aim of President Bola Tinubu, who is also the overall chairman of NASENI, was to ensure high production and patronage of “our local products thereby creating employment opportunities for many.”
He said, “The idea of this programme is to interface to ensure we produce products using our indigenous technology. This is what NASENI is out for, to ensure that homegrown technologies are encouraged.
“We are out there to ensure we integrate efforts to ensure that local technology is used to develop products within the resources we have.
“ The NASENI’s ‘3 Cs’ – Creation, Collaboration, and Commercialisation – that define NASENI’s strategic mandate: Creating innovations through research, Collaborating with partners to develop and refine products, and Commercialising these solutions to benefit the economy.
“Our achievements include the development of solar irrigation systems, CNG conversion centres, building machines capable of producing up to 1,000 blocks per hour, 10-inch tablets, locally made laptops, and electric tricycles (Keke Napep) set for market launch.”
In his remarks, the Deputy Vice Chancellor of the Federal University of Technology, Akure, Prof. Samuel Oluyamo, blamed the Federal Government for not properly funding research in the varsities, also noting that many research outputs were left halfway due to lack of funding and weak linkages between research institutions and industry.
Oluyamo also queried the Federal Government’s commitment to funding research and development, saying many academic innovations remained on the shelve due to a lack of support for commercialisation and poor infrastructure.
“Until we upscale research into mass production, technological growth will remain elusive. The government is not funding research in the universities enough. Thank God for TETfund that is trying in this regime. The major interest in beefing up research in universities and research institutions is really not there,” he said.
News
Nigeria Seeks Return To JP Morgan Bond Index
The Director-General of the Debt Management Office, Patience Oniha, has said that Nigeria is in advanced discussions with JP Morgan to re-enter the Government Bond Index and renew investors’ confidence.
Oniha disclosed this on Wednesday at a Nigerian Investors’ Forum on the sidelines of the World Bank and International Monetary Fund Spring Meetings in Washington, D.C.
The DMO boss explained that Nigeria has enjoyed favourable credit assessment among rating agencies in recent times on the back of the sweeping reforms initiated by the Central Bank of Nigeria.
Fitch Ratings recently upgraded the Long-Term Issuer Default Ratings of seven Nigerian banks and two bank holding companies to ‘B’ from ‘B-‘, noting that the outlooks are Stable.
The affected issuers are Access Bank Plc, Zenith Bank Plc, United Bank for Africa Plc, Guaranty Trust Bank Limited, Guaranty Trust Holding Company Plc, First HoldCo Plc, First Bank of Nigeria Ltd, Fidelity Bank Plc and Bank of Industry Limited.
The upgrades of the Long-Term IDRs of the banks followed the recent sovereign upgrade and reflect Fitch’s view that Nigeria’s sovereign credit profile has become less of a constraint on the issuers’ standalone creditworthiness, the rating agency said.
Fitch also upgraded Nigeria’s Long-Term IDRs to ‘B’ from ‘B-‘ on 11 April, a decision that reflected increased confidence in the government’s broad commitment to policy reforms implemented since its move to orthodox economic policies in June 2023, including exchange rate liberalisation, monetary policy tightening and steps to end deficit monetisation and remove fuel subsidies.
“These have improved policy coherence and credibility and reduced economic distortions and near-term risks to macroeconomic stability, enhancing resilience in the context of persistent domestic challenges and heightened external risks,” Fitch said.
Nigeria was removed from the JP Morgan index in 2015 ostensibly due to its deviation from orthodox monetary policies and influence of capital control in its management of foreign exchange.
Principally due to reduction in oil revenues at the time, Nigeria introduced currency restrictions to defend the naira after it failed to halt a dangerous slide with burning of dollar reserves. The bank had earlier warned Nigeria to restore liquidity to its currency market in a way that allowed foreign investors tracking the index to conduct transactions with minimal hurdles.
“Foreign investors who track the GBI-EM series continue to face challenges and uncertainty while transacting in the naira due to the lack of a fully functional two-way FX market and limited transparency,” the bank said in a 2015 note.
Nigeria was listed in JP Morgan’s emerging government bond index in October 2012, after the Central Bank removed a requirement that foreign investors hold government bonds for a minimum of one year before exiting.
The JP Morgan Government Bond Index reflects investor confidence and opens doors to billions of investment flows, making Nigeria’s proposed re-entry a positive signal to the market and investors.
Oniha explained that talks with JP Morgan were ongoing and had gained momentum in recent times due to the stability created by the FX market reforms.
“With all the reforms that have taken place, particularly around FX, we have started engaging JP Morgan again to get back into the index. We think we are eligible now,” the DMO DG said.
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