News
We’ll Vote Against Those Who Say Rivers Don’t Matter -Wike
Rivers State Governor, Chief Nyesom Wike, has declared that anybody who despises the political capability of the state will be meted with the same treatment.
Wike made the declaration at the inauguration of the Orochiri-Worukwo (Waterlines Junction) Flyover, which was performed by the Lagos State Governor, Babajide Sanwo-Olu, in Port Harcourt, last Monday.
The Rivers State governor explained that the dynamics of contemporary politics haves made it unpopular to just give votes away without the assurance of derivable benefit for the people.
“If you say Rivers State does not matter, Rivers State will tell you that you don’t also matter at the appropriate time. If you don’t like us, we will not like you. If you like us, we will like you.
“Nobody will use our votes for nothing. Our votes will matter, and Rivers State must benefit from anybody that we are going to support.
“Politics now is no longer just vote for somebody; it is about what you will do for the people of Rivers State.
“No amount of blackmail in the media can distract us from delivering our campaign promises to Rivers people, I am more concerned about the happiness of our people,” the governor said.
Wike pointed to how difficult it would be for any conspirators to upset the voting pattern of Rivers State and support for the Peoples Democratic Party (PDP).
The governor reiterated that those who looted the treasury of the state would not be supported to become governor of Rivers State.
“My guest from Lagos State let nobody tell you story that anybody will come here to win as governor of Rivers State. It will not happen.
“Those who looted the treasury of the state will not come here to be governor of Rivers State, and I have challenged them.
“I am fully in charge. I am not that kind of governor people will go to Abuja and hold meetings against. I am fully in charge here.”
Wike also berated Mr. Yemi Adebowale over his ThisDay publication in which he peddled misinformation in his ‘RingTrue’ column article titled, “Wike, a Governor Possessed By Spirit of Flyovers.”
The governor noted the obvious unhappy mind set of the writer for his dislike for development and hatred for Rivers people who were happy with the ongoing development strides of his administration.
“First of all, let me state, if there is one state that pays salary regularly, it is Rivers State. Let me also state, every month, we pay pensioners. Let me also state, since we have been paying gratuity, have you been hearing anybody talking on radio?”
Wike also challenged those who were envious of his development strides to rather show what capacity they have by executing projects, and invite renowned persons to inaugurate them.
He explained that the Lagos State governor was not the first time person of other political parties invited to inaugurate projects in Rivers State.
He pointed to the overall benefits such invitations have on governance, saying that it served as peer review for them.
Speaking, the Governor of Lagos State, Babajide Sanwo-Olu, who inaugurated the Orochiri-Worokwu (Waterlines Junction) Flyover, commended Wike for his strong commitment to the delivery of physical infrastructure in Rivers State.
“I would like to specially commend my brother, Governor Wike, for his strong commitment to the delivery of physical infrastructure in Rivers State, a commitment that has been recognised by all and sundry, and which has earned him the appellation of ‘Mr. Projects’ within and outside Rivers State.
“You can hate a man or may not like his face but you cannot dispute the good works he has done, Governor Wike you are a talk-and-do governor,” he said.
Sanwo-Olu said though himself and Wike belong to different political persuasions, the invitation extended to him sends a very strong message that politicians and political leaders can come together across political and ideological divides, for the good of the people.
“There is also a strong message being made today about expanding our capacity to play politics without bitterness. This symbolic gesture by my friend and brother is one that should become standard practice across Nigeria.
“There is also a lot that we can learn from one another, and experience that we can translate from one part of the country to the other.”
Sanwo-Olu further added: “Ultimately, we are all in governance to touch the lives of the people for good; to deliver to them the dividends of democracy. There is no doubt that Governor Wike has spent his last seven years focused on this, just as we have similarly been doing in Lagos.”
He added that Rivers and Lagos share a lot of similarities; he suggested that the two states should synergize to provide a solid leadership in the league of states in Nigeria.
“Rivers State and Lagos State share a lot in common; we are both economic hubs of our respective regions. We are both densely populated with rapid growing population mostly from our respective neighbouring states. Huge urbanisation and increased pressure on our physical infrastructure. We both enjoy fairly extensive coastline of water.
“People are drawn to Lagos and Rivers as places where economic opportunities abound; where dreams are fulfilled; where you can achieve your greatest aspirations in life”, Sanwo-Olu said.
Providing the description of the project, the Rivers State Commissioner for Works, Dr Dakorinama George-Kelly said the project has been completed on schedule with specified quality.
“The project has an overall length of 840meters and overall cross sectional width of 17.6meters, 7.3meters on each lane. It has one meter walkway on both sides, and two meter of media. We have a total of asphaltic pavement area of 29,000 square meters.
“This flyover bridge brings to amend traffic congestion along the Port Harcourt-Aba Expressway because right from the Boro Park Flyover down to Eastern By-pass, there will be no traffic congestion. So, there will be ease of doing business around Port Harcourt, and Rivers people will benefit from it.”
In his speech, Regional Manager of Julius Berger Nigeria Plc, Juergen Fischer, noted that history had been made with the opening for public use of the 7th Flyover awarded to them for construction.
He thanked Wike for the trust reposed in Julius Berger Nigeria Plc to handle such huge projects for the state government.
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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