The Naira experienced a significant depreciation against the US dollar at the official foreign exchange market between March 14 and March 21, 2025, losing ₦18.96 within the week. According to data from the Central Bank of Nigeria (CBN), the Naira dropped to ₦1,536.89 per dollar on Friday, compared to ₦1,517.93 the previous week. This decline…
Former President Goodluck Jonathan has expressed deep concern over the suspension of Governor Siminalayi Fubara and other elected officials in Rivers State, stating that such actions damage Nigeria’s international reputation. Speaking as the Chairman at the Haske Satumari Foundation Colloquium in Abuja on Saturday, Jonathan criticized the political crisis in Rivers, emphasizing that undemocratic practices…
The Federal High Court in Lokoja has issued an interim injunction restraining the Independent National Electoral Commission (INEC) from receiving or processing petitions to initiate a recall process against Senator Natasha Akpoti-Uduaghan of Kogi Central Senatorial District. This ruling comes amid heightened political tensions, as pro-recall movements gain momentum in Kogi Central. Another group of…
Vice Admiral Ibok-Ete Ibas (Rtd.), the newly appointed Administrator of Rivers State, has pledged to work with all stakeholders to restore law, order, and stability following the state of emergency declaration by President Bola Ahmed Tinubu. Ibas’ First Address After Swearing-In Speaking to State House correspondents after his official swearing-in at the Presidential Villa, Abuja,…
President Bola Ahmed Tinubu has officially sworn in Vice Admiral Ibok-Ete Ibas (Rtd.) as the Sole Administrator of Rivers State following the suspension of Governor Siminalayi Fubara, his deputy, and the state House of Assembly members. The swearing-in ceremony took place at the State House, Abuja, in the presence of top government officials, including Chief…
Following the state of emergency declaration in Rivers State, Governor Siminalayi Fubara, along with his family and security details, has vacated the Government House in Port Harcourt. Fubara Exits Seat of Power Amid Federal Takeover Reports indicate that Fubara left the Rivers State Government House early Wednesday morning, with sources confirming that he moved out…
Labour Party’s 2023 Presidential Candidate, Peter Obi, has strongly condemned President Bola Ahmed Tinubu’s declaration of a state of emergency in Rivers State, calling it “unconstitutional and reckless.” In a post on his X (formerly Twitter) handle, Obi criticized Tinubu’s unilateral removal of Governor Siminalayi Fubara, warning that the move undermines democracy and the rule…
In a significant political development, President Bola Ahmed Tinubu has declared a state of emergency in Rivers State, suspending Governor Siminalayi Fubara for an initial period of six months. In his place, Vice Admiral Ibok-Ete Ibas (Rtd.) has been appointed as the Sole Administrator to oversee the affairs of the state. Who is Vice Admiral…
The Peoples Democratic Party (PDP) has strongly criticized the All Progressives Congress (APC)-led government over the revocation of its Right of Occupancy for its National Secretariat, Wadata Plaza, and another property under construction. In a statement issued on Tuesday, PDP National Publicity Secretary, Hon. Debo Ologunagba, described the action by FCT Minister, Nyesom Wike, as…
President Bola Tinubu has appointed former Chief of Naval Staff, Vice Admiral Ibokette Ibas (Rtd.), as the Administrator of Rivers State following the declaration of a state of emergency in the state. Tinubu Suspends Governor, Deputy, and Lawmakers The appointment came after Tinubu suspended Governor Siminalayi Fubara, his deputy, Ngozi Odu, and all elected members…
