Connect with us

News

N1.14trn Subsidy Payment Fraudulent -PDP …As Ezeife, Yakasai, Others Tell Buhari To Drop 2nd Term Bid

Published

on

The Peoples Democratic Party (PDP) has accused President Muhammadu Buhari of corruption over the fuel subsidy regime of his government, throwing its weight behind state governors’ query of the subsidy regime.
The main opposition party has therefore challenged the President to submit himself for an independent inquest into his handling of the subsidy regime as well as the alleged complicity of his Presidency in other exposed financial impropriety by cronies of his government, particularly in
revenue collecting agencies.
According to a statement issued Kola Ologbondiyan, the party’s National Publicity Secretary in Abuja yesterday, such inquest, which it noted, was already backed by state governors across board, “will not only expose humongous corruption but also show the world that our African Union (AU) Anti-Corruption champion had not been totally spotless.”
The party invited Nigerians to note that the demand by governors to probe all subsidy deals since 2015 was a direct indictment on President Buhari as the Minister of Petroleum, particularly, following allegations that the stolen funds were being warehoused to fund his 2019 re-election bid and the opulent lifestyle in the Presidential Villa.
The party noted that if President Buhari allowed the inquest, “it will reveal how our president, who had queried the genuineness of the oil
subsidy payments by PDP administration and described the process as a fraud, had secretly engaged in underhand oil subsidy deals.”
The party asserted: “Nigerians will also understand how the cost of fuel geometrically rose from the PDP subsidized the cost of N87 to N145, representing a criminal N58 tax, per liter of fuel.
“Nigerians recall that it took over two years of secret oil subsidy deals under President Buhari before it was exposed last December. Since then, the Presidency and the NNPC have been seeking ways to cover the fraud which include claims that local consumption suddenly jumped from 28 million liters per day to 60 liters per day.
“PDP considers this as a fabrication to retire the billions being stolen as subsidy, even when statistics by the National Bureau of Statistics and the reality of the retarded purchasing power of citizens, under the prevailing economic recession, do not validate such claims.
“Nigerian, therefore, deserve to know who authorised the payments and the identity of the beneficiary companies, if any.
“The PDP is happy that state governors across the board and the National Assembly are on the same page with our party in condemning the humongous fraud going on under President Buhari’s fuel subsidy.”
The PDP, therefore, demanded that the inquest should cover the alleged the N15 billion stolen from the NHIS, the N18 billion stolen from the PINE initiative, the alleged leaked memo of N9 trillion corrupt oil contracts at the NNPC, the reported diversion of N1.1trillion worth of crude last year and why indicted Presidential cronies and fronts have not been prosecuted.
Meanwhile, the National Working Committee of the Peoples Democratic Party (PDP), has raised alarm over what it described as deliberate attempts by the All Progressives Congress-led Federal Government to completely clampdown on opposition elements across the country.
Rising from its meeting, last Saturday, in Abuja, where members discussed issues on the state of the nation, particularly the clampdown on opposition and dissenting voices, the PDP stated that it was taking the pains to alerts Nigerians because of the dare consequences such government policy could have on the nation’s democracy, peace and economic development of the country.
A statement issued by the party in Abuja, said, “The PDP alerts all Nigerians that the All Progressives Congress (APC) and its Federal Government have commenced a vicious and direct clampdown of major opposition leaders, perceived political opponents and individuals with interests and views that are divergent to those of their Presidential aspirant, perhaps, candidate, President Muhammadu Buhari, ahead of the 2019 general elections.
“The clampdown is tailored to silence opposition as well as those who refused to join or support the APC in their unlawful design to emasculate other political parties, undermine our laws and electoral system, foist a one-party state and perpetuate their incompetent, dysfunctional and anti-people rule on our nation.
“It is instructive to inform that our leaders, particularly, our National Chairman, Prince Uche Secondus, have been receiving threats since the PDP filed a petition to the United Nations and the Commonwealth of Nations, detailing documented threats to democracy by the APC and its Federal Government, abuse of human rights, mass killings, extra-judicial executions, persecution of opposition and unabated constitutional violations.
“The PDP is aware of clandestine plots against key opposition leaders, particularly, members of the PDP National Working Committee, some dissenting members of the APC, members of the civil society, opinion leaders, journalists and bloggers, who refuse to succumb to intimidation and that such persons have already been listed and currently being trailed by agents of the state.
“This has become manifest in the plot to rope members of ‘nPDP’, especially those in the National Assembly, into gun-running and murder charges just because they came out to voice their opposition to the APC government’s constitutional violations and executive brigandage in the running of our nation’s affairs.
“The PDP wants Nigerians and the international community to know those to hold responsible should PDP leaders, as well as other members of the opposition start falling victims of untoward situations like assassinations, unexplained accidents, inexplicable ‘armed robbery’ attacks, high profile abduction and sudden disappearances.
“These include wanton arrest, manhandling and detention of opposition leaders on trumped-up charges, as well as illegal invasion of their homes and businesses by agents of the state.
“Apart from allegations of corruption, there are also plots to clamp down and detain opposition leaders for charges bordering on treason and the PDP is also aware that some compromised judicial officers have been enlisted to give convictions and jail members of opposition as well as dissenting voices, on flimsy grounds.
“Moreover, we know that the APC is fixated with the PDP because of the renewed popularity of our party among Nigerians, as the inevitable vehicle to return power to the people, restore democracy, national cohesion and safeguard our territorial integrity, come 2019.
“The PDP’s response to all these plots is that we are not cowed. Nigeria belongs to all of us and our laws on political engagements are very clear. The PDP, as a party committed to democracy and freedom will continue to uphold the inalienable rights of our citizens to free speech, political association and to politically aspire to any position in the land, including the Presidency.
“Our party, therefore, urges all Nigerians to be alert, united and remain resolute in their decision to collectively defend our democracy and its tenets, constitutionally guaranteed personal freedom and the rule of law in our nation,” the PDP added.
Similarly, some elder statesmen in the country have urged President Muhammadu Buhari not to seek a second term in 2019.
The leaders from different parts of the country gave various reasons for advising Buhari not to seek re-election in separate interviews with newsmen, last Saturday.
A former governor of the old Anambra State, Chief Chukwuemeka Ezeife, said age was no longer on the side of the President, adding that the stress associated with his office was already having negative effects on his health.
Ezeife, who noted that he was opposed to Buhari’s election as President in 2015, prayed that God would change his (Buhari’s) heart to dump the second-term bid.
He said, “Let us pray so that God would stop Buhari from talking about a second-term and instead, begin a six-month emergency restructuring of Nigeria.
“It is not a matter of whether he is fit or qualified, age is important. He claims to be 75, he may be 82. Even at 75, he is too old to be in that office.
“The second consideration is his comprehensive failure in the first term. If you recorded a failure like that, why do you want to seek a second term?”
Also, the Chairman of the Northern Elders’ Council, Alhaji Tanko Yakasai, said he had never supported Buhari to become President of Nigeria.
Yakasai said, “Buhari and his party (All Progressives Congress) were not prepared to rule Nigeria in the first instance. Therefore, in my opinion, he should not have contested at all.”
Similarly, a former minister of health, Prof. A. B. C. Nwosu, noted that as a founding member of the Peoples Democratic Party, he would never have supported Buhari to be Nigeria’s President.
Nwosu, who is a member of the Ohanaeze Ndigbo, said, “It is his (Buhari’s) constitutional right to seek any office just like anybody else. We need to organise ourselves to provide an alternative with a clear set objective that will make life better for Nigerians.”
Meanwhile, self-acclaimed spiritualist and leader of Divine Intelligence Ministry, Prophet George Fakolade, last Saturday warned President Muhammadu Buhari, to stop further activities towards his re-election in 2019, saying the second term bid was ill-fated.
Fakolade, who spoke to newsmen in Abuja, said there would be fatal consequences, if President Buhari does not retract and rescind his public declaration to run for a second term in office.
He said: “There is a very serious warning for the All Progressives Congress (APC) and the incumbent President Muhammadu Buhari over his ill-fated ambition for a second term as president in 2019.
“President Buhari must retract, rescind, and withdraw his decision to seek a second term, and apologise to all Nigerians or else, history shall repeat itself on him with fatal consequences and many calamities”.
“He has been weighed on the balance and found wanting. All Nigerians should be on red alert as President Buhari’s public declaration to run again in 2019 at the APC National Executive Committee Meeting was an act of arrogance that will end in a fatal manner,” he warned.
The man of God had earlier predicted that there would be a 2015 change of government in Nigeria; a Dr Goodluck Jonathan takeover of government from late President Musa Yar’Adua; a Presidential election victory for Barack Obama in 2008; and the demise of late military Head of State, Gen Sani Abacha, in 1998.

Continue Reading

News

FG Ends Passport Production At Multiple Centres After 62 Years

Published

on

The Nigeria Immigration Service has officially ended passport production at multiple centres, transitioning to a single, centralised system for the first time in 62 years.

Minister of Interior, Dr Olubunmi Tunji-Ojo, disclosed this yesterday while inspecting Nigeria’s new Centralised Passport Personalisation Centre at the NIS Headquarters in Abuja.

He stated that since the establishment of NIS in 1963, Nigeria had never operated a central passport production centre, until now, marking a major reform milestone.

“The project is 100 per cent ready. Nigeria can now be more productive and efficient in delivering passport services,” Tunji-Ojo said.

He explained that old machines could only produce 250 to 300 passports daily, but the new system had a capacity of 4,500 to 5,000 passports every day.

“With this, NIS can now meet daily demands within just four to five hours of operation,” he added, describing it as a game-changer for passport processing in Nigeria.

 “We promised two-week delivery, and we’re now pushing for one week.

“Automation and optimisation are crucial for keeping this promise to Nigerians,” the minister said.

He noted that centralisation, in line with global standards, would improve uniformity and enhance the overall integrity of Nigerian travel documents worldwide.

Tunji-Ojo described the development as a step toward bringing services closer to Nigerians while driving a culture of efficiency and total passport system reform.

He said the centralised production system aligned with President Bola Tinubu’s reform agenda, boosting NIS capacity and changing the narrative for better service delivery.

Continue Reading

News

FAAC Disburses N2.225trn For August, Highest In Nigeria

Published

on

The Federation Account Allocation Committee (FAAC) has disbursed N2.225 trillion as federation revenue for the month of August 2025, the highest ever allocation to the three tiers of government and other statutory recipients.

This marks the second consecutive month that FAAC disbursements have crossed the N2 trillion mark.

The revenue, shared at the August 2025 FAAC meeting in Abuja, was buoyed by increases in oil and gas royalty, value-added tax (VAT), and common external tariff (CET) levies, according to a communiqué issued at the end of the meeting.

Out of the N2.225 trillion total distributable revenue, FAAC said N1,478.593 trillion came from statutory revenue, N672.903 billion from VAT, N32.338 billion from the Electronic Money Transfer Levy (EMTL), and N41.284 billion from Exchange Difference.

The communiqué revealed that gross federation revenue for the month stood at N3.635 trillion. From this amount, N124.839 billion was deducted as cost of collection, while N1,285.845 trillion was set aside for transfers, interventions, refunds, and savings.

From the statutory revenue of N1.478 trillion, the Federal Government received N684.462 billion, State Governments received N347.168 billion, and Local Government Councils received N267.652 billion. A further N179.311 billion (13 per cent of mineral revenue) went to oil-producing states as derivation revenue.

From the distributable VAT revenue of N672.903 billion, the Federal Government received N100.935 billion, the states received N336.452 billion, while the local governments got N235.516 billion.

Of the N32.338 billion shared from EMTL, the Federal Government received N4.851 billion, the States received N16.169 billion, and the Local Governments received N11.318 billion.

From the N41.284 billion exchange difference, the Federal Government received N19.799 billion, the states received N10.042 billion, and the local governments received N7.742 billion, while N3.701 billion (13 per cent of mineral revenue) was shared to the oil-producing states as derivation.

Continue Reading

News

KenPoly Governing Council Decries Inadequate Power Supply, Poor Infrastructure On Campus

Published

on

The Governing Council of Kenule Beeson Saro-Wiwa Polytechnic, Bori, has decried the inadequate power supply and poor state of infrastructural facilities and equipment at the institution.

The Council also appealed to the government, including Non-Governmental Organisations, agencies, as well as well-meaning Rivers people to intervene to restore and sustain the laudable gesture, dreams and aspirations of the founding fathers of the polytechnic.

The Chairman of the newly inaugurated Council, Professor Friday B. Sigalo, made this appeal during a tour of facilities at the  Polytechnic, recently.

Accompanied by members of the team, Prof Sigalo emphasised the position of technology, technical and vocational education in sustainable development.

He noted that with the prospects on ground, and the programmes and activities undertaken in the polytechnic, there is no doubt that the institution would add values to the educational system in our society and foster the desired development, if the existing challenges are jointly tackled.

This was contained in a statement signed by Deputy Registrar, Public Relations, Kenpoly,  Innocent Ogbonda-Nwanwu, and made available to The Tide in Port Harcourt.

The chairman who restated the intention of his team of technocrats to ensure that KenPoly enjoys desirable face-lift, said the Council would deliver on its core mandates, accordingly.

Earlier, the Rector, KenPoly Engr. Dr. Ledum S. Gwarah, commended the appointment of Professor Friday B. Sigalo as Chairman of the KenPoly Governing Council.

He described him and his team as seasoned technocrats and expressed confidence in their ability to succeed.

The Rector pledged the management’s support to the Council to ensure that KenPoly resumes its rightful place in the comity of polytechnics in the country.

Facilities visited by the Governing Council include KenPoly workshops, laboratories, skills acquisition centre, library, hostels and medical centre.

 

Chinedu Wosu

Continue Reading

Trending