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UNGA: Fubara showcases Rivers investment opportunities in New York
Photo caption: Vice President Kashim Shettima, Governor Fubara and other Nigerian delegates arriving in New York for UNGA
Governor Siminalayi has said that Rivers State will take centre stage at the 81st United Nations General Assembly (UNGA 81) in New York, as his administration moves to showcase the State’s huge investment potentials to the world.
Sir Fubara said the UNGA platform provides a unique opportunity to market Rivers State as Nigeria’s number one investment destination in oil and gas as well as other critical sectors.
Speaking with journalists on the sidelines of the conference in New York, the Governor said the essence of his participation at the global meeting is to give visibility to Rivers State and showcase its economic endowments and woo investors to the state.
“The issue is very simple. We’re trying to give visibility to the state and also showcase the areas where God has really endowed us in the oil and gas sector and other aspects of the state.
“I strongly believe that at the end of this conference and other side meetings, business opportunities will be made open and presented to interested investors who might have very serious and immediate needs to come to our dear state, knowing full well the position of Rivers State in the oil and gas industry.
“I also strongly believe that we are also going to make some inroad into financing and investors opportunities for our dear state,” he stated.
According to Onwuka Nzechi, Chief Press Secretary to the River State Governor, Fubara explained that the investment drive at UNGA 81 is in sync with the deliberate economic reforms of his administration, particularly the establishment of the Rivers State Investment Promotion Agency (RSIPA) as a one-stop shop to facilitate and protect investments.
“This is not different from what we have already done before in establishing what we call the Rivers State Investment Promotion Agency. What we are doing here will also aid the programme of that agency.
“Overall, I will say that Rivers State will be visible and prominent in this conference and we will come home with some good investments for our dear state,” he stated.
Onwuka in a statement quoted Governor to have assured investors that Rivers State remains peaceful, stable, and open for business, with vast opportunities in oil and gas, agriculture, blue economy, manufacturing, and renewable energy.
Rivers State is among the few Nigerian sub-nationals participating actively at UNGA 81, with engagements lined up with development finance institutions, multinational corporations, and diaspora investors.
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ADC appeals judgment that sacked David Mark
The David Mark-led faction of the African Democratic Congress (ADC) has approached the Court of Appeal to challenge the Federal High Court judgement that removed its leadership.
The opposition party also disclosed that it had filed an application seeking a stay of execution of the judgement pending the hearing and determination of its appeal.
The party made this known in a statement on Friday, November 6, adding that it had formally notified the Independent National Electoral Commission (INEC) of the legal steps taken,
The appeal is against the judgement delivered by the Federal High Court in Abuja on November 5, 2026, in Suit No. FHC/ABJ/CS/1619/2025, involving Hon. Nafiu Bala Gombe and the ADC.
The party urged INEC to refrain from taking any further action on the matter until the Court of Appeal has considered the case.
It argued that the application for a stay of execution was yet to be decided and that the electoral commission should not take any step that could affect the outcome of the appeal.
According to the ADC, it expects INEC to respect the ongoing legal process and allow the appellate court to hear the matter before making any decision connected to the judgement.
The statement partly read, “The ADC is exercising its lawful right to appeal. The judgement is now being challenged before a higher court, and the legal process must be allowed to run its course.
“We expect INEC to uphold the law and take full account of the pending proceedings before making any consequential decisions.”
The party also urged its members and supporters to remain calm, insisting that the court judgement would not stop its political activities.
It said its campaigns would continue while it explored all available legal options to defend its position.
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Court sacks David Mark led Exco, nullifies Atiku’s candidature
The Federal High Court in Abuja has nullified the leadership of the African Democratic Congress (ADC) led by Senator David Mark, declaring the caretaker committee that oversaw the party’s affairs illegal and invalidating all decisions taken by the committee.
The judgment, delivered on Thursday by Justice Peter Lifu, also affects the presidential primary that produced former Vice President Atiku Abubakar as the ADC’s flag bearer for the 2027 general elections.
Atiku, whose name had earlier been published by the Independent National Electoral Commission (INEC) as the party’s presidential candidate, had already selected former Rivers State Governor, Rotimi Amaechi, as his running mate.
The ruling followed a suit instituted by Nafiu Bala Gombe, a former National Deputy Chairman (North-East) of the ADC, who challenged the process through which the David Mark-led leadership assumed control of the party.
Gombe argued that following the resignation of the party’s former National Chairman, Chief Ralph Nwosu, he was constitutionally entitled to take over the leadership.
He consequently asked the court to invalidate all actions undertaken by the Mark-led leadership and restrain Senator Mark and Ogbeni Rauf Aregbesola from presenting themselves as the party’s National Chairman and National Secretary, respectively.
The plaintiff maintained that their emergence violated the ADC constitution and relevant provisions of the Electoral Act.
In suit No. FHC/ABJ/CS/1819/2025, the ADC, INEC, Senator David Mark, Aregbesola and Chief Ralph Nwosu were listed as defendants.
Justice Lifu upheld Gombe’s claims and granted the reliefs sought, effectively invalidating the authority of the caretaker committee and decisions taken under its leadership.
The verdict is expected to trigger fresh political uncertainty within the ADC, particularly over Atiku’s presidential ambition and the party’s preparations for the January 16, 2027 presidential election.
However, the party has vowed to challenge the judgment at the appellate court.
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