Featured
FG’s N24bn Monthly Oil Subsidy Fictitious -PDP …Decries Harassment Of Members, Supporters …Criticises Buhari Over Taraba Visit
The Federal Government is trying to cover a “huge fraud in the presidency by declaring it spends N24 billion monthly (N774 million per day) to subsidise fuel in the country,” the Peoples Democratic Party (PDP) has alleged.
The party described the figure as “fictitious and cleverly fabricated to retire the already exposed stealing of trillions of naira by the presidency cabal and All Progressives Congress (APC) interests in secret oil deals.”
PDP’s National Publicity Secretary, Kola Ologbondiyan, in a statement, yesterday, said: “It is duplicitous for the Nigerian National Petroleum Corporation (NNPC) to claim a sudden surge in fuel purchase expenses at the same time the nation faced the harshest fuel shortage across the country, with Nigerians paying exorbitantly for the product.”
According to the PDP, “The APC-led presidency is drawing its deceptive proclivity and concealment of fraud too far. And to think that such is hatched in a sector that is under the direct supervision of President Muhammadu Buhari as Minister of Petroleum Resources is most disheartening.
“This is the same presidency that claimed to have abolished fuel subsidy payments and even accused the immediate past administration of alleged corruption in its subsidy management. It is, therefore, strange that the same government can pull out unimaginable figures and claim it is the cost of subsidy enjoyed by Nigerians.”
The party further queried: “How come that with such humongous sums, Nigerians are still paying as high as N250 to N300 per litre on fuel in various parts of the country? We have since charged the Buhari-led presidency to come out clear on the administration of subsidy under its watch. The question is, why is the Federal Government cloaking the subsidy regime in secrecy, if not to conceal its duplicity?”
The PDP said: “Nigerians need to know who in the presidency approved the spending of the said N774 million per day as fuel subsidy and who the benefiting companies are. Is the subsidy captured in any appropriation instrument of the National Assembly? What is the cost of landing imported fuel to the depots and at what exchange rate? Where are the details of the subsidy payout and the negotiating options and contracts?
“In reeling out its figures, the presidency has forgotten that Nigerians are still waiting for its explanations on the leaked memo showing alleged corrupt oil contracts at the NNPC to the tune of N9 trillion ($25 billion dollars). The presidency has also refused to offer explanations on the alleged involvement of its officials in various sneaky oil subsidy deals and reported diversion of N1.1 trillion worth of crude, last year, to service APC interests.”
As if finally out with a solution to fuel importation and the attendant subsidy payments, the NNPC has said it is targeting the reduction of capital flight in procurement and cost of producing a barrel of crude oil.
Speaking in Abuja, yesterday, NNPC’s Group Managing Director (GMD), Maikanti Baru said the corporation is working smart to bring more money into the coffers of the federation.
“The more we bring down the cost of producing oil and gas, the more money we bring into the pockets of federal, state and local governments. We are driving the Nigerian content agenda to essentially bring down cost. We have brought down the cost of production of a barrel of oil to about $20. Our target is $15. And we will continue to march towards that,” Baru said.
The GMD, who was represented at the 2018 edition of Technology and Innovation Expo by Chief Operating Officer, Gas and Power, Saidu Mohammed disclosed that the corporation has domesticated engineering, procurement, construction and most of the major activities in the oil and gas industry.
He said: “We have collaborated with the Nigerian Content Development Board. We have also got Nigerians who are innovative to go into fabrication. What we want to do is make sure that we domesticate the big chunk of where we spend the money, which is procurement. We have fabrications going on. We have also gone into the fabrication of vessels. What we are doing is to support all sorts of innovation.”
Commenting on the Ajaokuta-Kaduna and Kano pipeline project, the GMD said the pipelines were fully domesticated in accordance with the local content policy of the Federal Government. He added that Nigerians would do all the pre-commissioning and commissioning services.
Meanwhile, the Peoples Democratic Party, PDP, has decried what it described as the continuous harassment, arrests and detention of its members in various parts of the country by agents and officials of the All Progressives Congress (APC)-controlled Federal Government, calling on the international community to intervene. The party said its members in Edo, Rivers, Kaduna, Kogi, Borno, Adamawa and other parts of the country are being hounded by the ruling party just because its members spoke against the despotic tendency of the APC government.
In a statement by its National Publicity Secretary, Kola Ologbondiyan yesterday, the party said the lives of its members and supporters “are increasingly at risk as the government is becoming more intolerant of opposition, particularly, having realized that its chances of getting re-elected in 2019 has dimmed as the people have rejected it due to its abysmal performance in the nearly three years of misrule.”
PDP also said Nigerians now live in fear as the APC-led government frequently violates their fundamental human rights and also uses aggression and cruelty to stifle opposition voices in the country.
It however called on “all good-spirited Nigerians and the international community to stand up and condemn” what it described as the undemocratic acts, rights violation and corruptions perpetrated by the APC government. The statement said,”
The PDP is alerting the entire world of the increasing aggression and cruelty against opposition members and perceived opponents of government by the APC-led Federal Government, which is now using the apparatus of state power in their desperation to cow and subjugate opposition, suppress constitutionally guaranteed freedom of speech and association in our country.
“Today, there is thoughtless abuse of human rights in our country and the people now live in fear. Opposition members are now being arrested, manhandled and detained, with some of them having their family houses demolished for holding and expressing opinion even under a democracy.
“Currently, our members and supporters in many states including Edo, Rivers, Kaduna, Kogi, Borno, Adamawa and others are being hounded for expressing opinion, particularity on the exposed corruption, abuses, constitutional violations and incompetence of the APC administration.
“As we speak, our Edo state Chairman, Chief Dan Orbih, was summoned, questioned and his personal freedom curtailed by the police in Edo state for daring to speak against corruption in the state, an action which the unscrupulous officers at the command boasted will teach him and PDP members in the state, a lesson.
We commend Chief Dan Orbih for his forthrightness even in the face of harassments and intimidation by the APC. “In Kogi state, there are reports of APC agents attacking and destroying property belonging to opposition members and supporters.
Nigerians have not forgotten how the APC government in Kaduna state demolished property belonging to opposition members and perceived political opponents; how the PDP secretariat in Borno was destroyed and how our property and those of our supporters were destroyed by agents of government in Adamawa state.
“We decry this raging intimidation of our party officials, members and supporters and call on all good-spirited Nigerians and the international community to stand up and condemn this drift towards a stone age despotism.
“Nigeria is a democratic state and we reject any attempt by anybody to suppress the constitutionally guaranteed rights of the people, particularly regarding the choice of how they can be governed.
“The APC has failed and should not be allowed to vent its frustration on innocent Nigerians,” the statement concluded
Similarly, the Peoples Democratic Party (PDP) has said a recent statement made by President Muhammadu Buhari during a visit to Taraba state, where he compared the number of deaths through killings in affected states, was not only morbid but ill-thought.
It also said the President’s planned visits to states affected by bloodletting and violence was an after-thought and not altruistic.
The President last Monday visited Taraba state to condole with those affected by recent violence caused by herdsmen/farmers clashes.
In Taraba, Mr. Buhari hit the nerves of many critics when he said the number of persons killed in violent clashes in Mambilla Plateau, Sardauna Local Government Area of Taraba State, was more than “those killed in Zamfara and Benue States combined”.
The PDP said the “ill-thought remark” has vindicated its position that the scheduled trips to states “where Nigerians are being killed by marauders is cosmetic and a political afterthought that did not come from Mr. Buhari’s heart”.
The party in a statement yesterday by its national publicity secretary, Kola Ologbondiyan, expressed disbelief at the president’s dismissal of public criticism over his delay in visiting the troubled areas.
“Nigerians wondered why President Buhari did not put figures to the tally since what appears to be of interest is the morbid comparison of how many Nigerians were killed from state to state.
“The party is however not surprised by President Buhari’s comments as well as the failure to visit the victims to directly assure them as the APC-controlled Federal Government had always exhibited thoughtless disdain towards the feelings and well being of the masses.
“When well-meaning Nigerians said the visits were cosmetic and a political gambit, some apologists of the APC dismissed it as a mere political statement. Now, the action and comments by the President during his whistle stop visit to Taraba state have bared it all.”
The party also flayed the president for “not directly visiting the families affected” during his visit to Taraba.
“Not only that our dear President holed himself in the comfort of the Taraba State Government House for a brief meeting with few government officials, he did not visit the victims to directly commiserate and allay their fears with assurances of steps to ensure justice and end the carnage, as his allusions almost re-opened old wounds.
“Is it not surprising that the same president who, last Saturday, had all the time at a wedding ceremony in Kano state did not even spare a minute to visit victims of a carnage where a soothing word from him would have been the balm for justice and peace?
“Furthermore, the President’s declaration that Nigerians should not expect him to “always go out to the field” not only negates his promise to lead from the fronts, but also shows that he has become distant from the real feelings, demands and sensibilities of the people.
“Also, Nigerians were shocked by the President’s claims of having performed in providing security in the country, even in the face of the daily bloodletting in the land. Perhaps, he was not aware, as usual, that while he was in Taraba, marauders were having a field day slaughtering women and children in neighboring Benue state.
“It is clear to all that this Presidential roadshow serves no purpose to the people, but merely designed as a gambit to score cheap political point and falsely portray the administration as caring, particularly seeing that the 2019 election is around the corner.”
“The party is however not surprised by President Buhari’s comments as well as the failure to visit the victims to directly assure them as the APC-controlled Federal Government had always exhibited thoughtless disdain towards the feelings and well being of the masses.
“When well-meaning Nigerians said the visits were cosmetic and a political gambit, some apologists of the APC dismissed it as a mere political statement. Now, the action and comments by the President during his whistle stop visit to Taraba state have bared it all.”
Featured
Fubara Redeploys Green As Commissioner For Justice
The Governor of Rivers State, Sir Siminalayi Fubara, has approved a minor cabinet reshuffle in the State Executive Council.
Under the new disposition, Barrister Christopher Green, who until now served as Commissioner for Sports, has been redeployed to the Ministry of Justice as the Honourable Attorney General and Commissioner for Justice.
This is contained in an official statement signed by Dr. Honour Sirawoo, Permanent Secretary, Ministry of Information and Communications.
According to the statement, Barrister Green will also continue to coordinate the activities of the Ministry of Sports pending the appointment of a substantive Commissioner to oversee the ministry.
The redeployment, which takes immediate effect, was approved at the last State Executive Council meeting for the year 2025, underscoring the Governor’s commitment to strengthening governance, ensuring continuity in service delivery, and optimising the performance of key ministries within the state.
Featured
Fubara Restates Commitment To Peace, Development …Commissions 10.7km Egbeda–Omerelu Road
Rivers State Governor, Sir Siminalayi Fubara, has declared that his administration will ensure the delivery of developmental projects and the prevalence of peace in all parts of Rivers State.
The Governor emphasized that the achievement of these lofty ideals can only occur through the unwavering contributions of all Rivers stakeholders.
Speaking during the commissioning of the 10.7-kilometre Egbeda–Omerelu Road constructed by his administration, the governor said Rivers State can only move forward when its people choose unity over division.
He assured Rivers people that development projects would reach every part of the State but cautioned that progress cannot thrive where conflict persists.
Reflecting on the project, Governor Fubara recalled that the road was a promise he made during the inauguration of the first phase about a year ago.
“We made a promise that we were going to do this project, and today I am happy that the government has fulfilled that promise made to Emohua people, Egbeda community and Omerelu people,” he said.
He noted that the essence of governance is service to the people, adding that responding to their needs is a core responsibility of any administration.
“We decided to do this because you know where we are coming from, and if we don’t tell our story, many won’t know what we are doing. Even in the face of tribulations, we have remained focused on delivering the dividends of democracy. We will continue to serve our people with respect and honour,” he affirmed.
Governor Fubara also reiterated his support for President Bola Ahmed Tinubu, pledging to back all groups working towards securing the President’s victory in 2027.
Giving technical details of the project, the Permanent Secretary of the Ministry of Works, Dr. Austin Ezekiel-Hart, explained that the contract was awarded on October 27, 2024, to Messrs Johnson Roadworks Limited.
He said the road links communities in Emohua and Ikwerre LGAs and shortens travel time for motorists commuting from Ahoada East, Ahoada West and Omoku through Egbeda to Owerri in Imo State.
He added that the infrastructure features a 12-metre clearing width and an 8-metre asphalt surface, comprising a 50mm binder course and a 40mm wearing course. It is complemented by 24 kilometres of drainage channels with a 1.05m² cross-sectional capacity to ensure durability and efficient water flow.
In his remarks, the Chairman of Emohua Local Government Area, Dr. Chidi Lloyd, described the road as a crucial link for surrounding communities, significantly easing movement for residents.
He praised the governor for demonstrating continuity and consolidation and prayed for God’s strength to enable him to achieve even more for the people.
Featured
Oil & Gas: Rivers Remains The Best Investment Destination – Fubara
Governor Siminalayi Fubara says Rivers State remains the best investment destination for investors in the oil and gas sector.
Governor Fubara stated that since the economic development of Rivers State is closely connected to the growth of the oil and gas industry, his administration has continued to collaborate with the Federal Government and host communities to protect natural assets in the sector.
The Governor stated this during the Nigeria and Entrepreneurship Summit and Honours (NESH) Foundation Oil and Gas Roundtable in Port Harcourt.
Represented by the Secretary to the State Government, Dr. Benibo Anabraba, he pointed out that since the economy of Nigeria relies substantially on the oil and gas sector, his administration will continue to collaborate with relevant stakeholders to ramp up production.
“The Nigerian oil and gas sector is the lifeblood of our nation’s economy, contributing over 90% of Federal Government’s foreign exchange earnings. Similarly, Rivers State, home to numerous national and multinational oil and gas companies, is the centre of Nigeria’s hydrocarbon industry, with the State’s oil and gas resources generating over 40% of the country’s revenue.
“?Considering this, the survival and economic development of Rivers State are closely connected to the growth of the oil and gas industry. That is why, since the beginning of this administration, we have focused on safeguarding the national oil and gas assets in collaboration with the Federal Government, security agencies, communities and other stakeholders, and we will maintain this commitment for as long as it is necessary.
“Furthermore, we have established and maintained a conducive, peaceful, and secure environment for companies to open and flourish in the State as part of a strategic plan to stimulate our economy, generate jobs, and enhance the well-being of our citizens.
“We therefore recognise and applaud the vital role that indigenous companies are currently playing in bridging gaps and advancing the development of Nigeria’s oil and gas industry,” he stressed.?
Governor Fubara affirmed that Nigerian-funded companies can only succeed and make meaningful contributions to the nation’s economic prosperity when challenges that limit the nation are effectively tackled, and expressed his administration’s stand to support indigenous organisations such as the Nigeria and Entrepreneurship Summit and Honours (NESH) Foundation.
Declaring the roundtable open, the Governor assured the Nigerian-Owned companies in the oil and gas sector, that “we are ready and willing to respond positively to any administrative, policy, or legislative recommendations within our jurisdiction as a subnational State.”
The Founder of the Nigeria and Entrepreneurship Summit and Honours (NESH) Foundation, Mr Emeka ugwu-Ozu, disclosed that the summit, held only in an oil and gas producing place, is a forum for all in the industry to brainstorm and suggest best practices for local players.
“This roundtable discussion takes place in only oil and gas producing states, and it is intentional. And that is to make sure that sooner, it becomes like what we say is the equivalent of Houston in the United States of America.
“I would say that from what I have seen so far, Rivers State is back and open, safe and good for business. The oil and gas players should come and see what we have seen,” he said.
