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#EndSARS Memorial: Security Operatives Surround Lekki Tollgate …As DHQ Warns Against Protest

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Security operatives, including police, soldiers and others have surrounded the Lekki tollgate plaza in Lagos State.
This is coming hours to the first anniversary of #EndSARS nationwide protests.
Youths in the country are preparing to commemorate the first anniversary of #EndSARS, a protest movement against police brutality that rocked major cities in the country in 2020.
The protests came to a grinding halt after October 20, 2020, the date of a brutal crackdown on peaceful protesters at the Lekki tollgate, the epicentre of the demonstrations.

EndSARS was first a campaign to end the Special Anti-Robbery Squad unit, notorious for extortion, torture and extrajudicial killings.

After it snowballed into wider protests against bad governance, the authorities suspended the unit and promised reforms.
But the youth were sceptical and continued to protest – until the Lekki shootings.
In a statement titled, ‘#EndSARS anniversary: No streets protests in Lagos’, Lagos State Police spokesperson, Adekunle Ajisebutu, said there may be a breakdown of law and order if the protests are allowed to hold.
The statement read, “The police will only allow an indoor and virtual event in commemoration of the #EndSARS anniversary and will provide adequate security at the venue (s) if known. This is in recognition of rights of every Nigerian to express his or her interest.
“We wish we could permit such street protests. However, intelligence at our disposal has revealed plans by some faceless groups or individuals to stage an anti-#EndSARS anniversary protest in the state the same day.
“In view of the conflicting interest between the pro and anti-#EndSARS anniversary groups and threat to cause mayhem, the command once again warns both groups against any form of street protest between now and October 20, 2021 and beyond.
“It is acknowledged that citizens have the right to peaceful protests. However, in this instance having carried out a critical security assessment and intelligence report at the disposal of the Lagos Command in respect of the planned protests and attendant implications on public safety, the command considers it inappropriate to allow such protests to hold.
It will not stand aloof and allow the breakdown of law and order which the protests may cause.
“To avoid a recurrence of the gory protests of last year during which some innocent Nigerians including police officers were gruesomely murdered, private and public property plundered and maliciously destroyed, the police will not abdicate their responsibilities of protection of lives and property by allowing such avoidable incident happen again in the state
“Therefore, in the interest of security and public safety, the Commissioner of Police, Hakeem Odumosu, wishes to warn the organisers of the protests that the police will deploy all legitimate means to stop or neutralise the planned protests.”
Similarly, as activists mark the one year of the #EndSARS anniversary, today, the Defence Headquarters has said Nigerians are better informed and won’t be taken for a ride a second time.
Director, Defence Information, Maj-Gen Benjamin Sawyerr, in a terse statement, yesterday, said that no one in his right senses would heed the call to gather again, considering the wanton destruction that attended the #EndSARS protest one year ago.
According to him: “Do you think that with what the citizens went through during the unfortunate saga which saw wanton looting, destruction of public infrastructure, burning of private buildings, killing of police officers and men as well as allowing hoodlums to have a free day molesting innocent citizens, anyone in his right mind would contemplate heeding to the voice of sponsored agents for gathering again?
“My brother, I think even the citizens are now better informed that some people took them for a ride. A journalist must first carryout self- analysis before going into research”.

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RSG Ready For 2030 Digital Transformation

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The Permanent Secretary, Rivers State  Information and Communications Technology (ICT) Department, Mrs. Elizabeth Akani, has said the State Government was set to meet up the 2030 target of the Federal Government towards the actualization of digital economy.
Akani said this at the Rivers State Sensitization Workshops on The Adoption of Nigeria Start-up Act and National Digital Literacy framework (NDLF), in Port Harcourt, weekend.
She noted that the State was ready for both the adoption and domestication of the Act.
According to her, up to 90-95% preparation have been fully covered by the state in readiness to welcoming the digital economy Act.
“Stakeholders talked about adoption and domestication of the Act, it was fruitful. The draft has been sent to the government”, she said.
She also noted that the move was in line with the digital transformation plan of the state and the country at large.
The Convener, Start South, Mr. Uche Aniche, who made case for full ICT Ministry for the state, said such will command the needed growth in the system.
Aniche stated that until they attained the lofty height, all about Tech-knowledge and growth may not fall in place as expected.
Other tech-operators, such as the Code Garden Chief Executive Officer, Mr. Wilfred Wegwu, who welcomed the idea, said it must be done in the nearest future.
Wegwu noted that technology has taken over the world at present, adding that government at all levels needed to key into the system.
He also stated that the system play major roles in various spheres of life, including relationships and collaboration.
He also revealed that the system now was up to forth Industrial Revolution (4IR), according to global shift ranking.
It will be recalled that the State Government has recently ordered to construct ICT centres across the 23 Local Government Area of the state in order to meet up the yearnings of the technology world.
By: King Onunwor
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Industry Braces For Glut And Investor Demands

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The oil and gas industry is in for a tough year ahead, as it must balance financial discipline, shareholder returns, and long-term investments in the sustainability of the business—while navigating a hypothetical glut.
The warning comes from Wood Mackenzie, which said in a new report that the industry was faced with conflicting trends over the next year that would make decision-making challenging. Among these is an expectation that the market would tip into an oversupply, pressuring prices, while the demand outlook for oil over the long term brightens up, motivating more investments.
“Oil and gas companies are caught between competing pressures as they plan for 2026. Near-term price downside risks clash with the need to extend hydrocarbon portfolios into the next decade. Meanwhile, shareholder return of capital and balance sheet discipline will constrain reinvestment rates,” Wood Mackenzie’s senior vice president of corporate research, Tom Ellacott, said.
The executive added that investors would also influence decisions, as they continue to prioritize short-term returns over long-term investments. This last part, at least, is not unusual in the current investment environment across industries. It could, however, make life even more difficult for oil and gas companies for a while.
The glut that Wood Mackenzie analysts expect is the same glut that the International Energy Agency has been expecting for a while now. Yet that very same International Energy Agency earlier this month issued a warning on the longer-term security of global oil supply, saying the industry needed to step up investment in new production because natural depletion at mature fields was progressing faster than previously assumed.
Per the report, if the industry has to maintain current levels of oil and gas production, more than 45 million barrels per day of oil and around 2,000 billion cu m of natural gas would be needed in 2050 from new conventional fields. It’s worth noting that this is maintenance of current production levels, assuming demand will not rise, which is a risky assumption.
Even with projects ramping up and new ones approved for development and not yet in production, a large gap still exists “that would need to be filled by new conventional oil and gas projects to maintain production at current levels, although the amounts needed could be reduced if oil and gas demand were to come down,” the IEA said.
However, demand could just as well increase, heightening the degree of uncertainty in the industry and making long-term planning even more challenging—especially for companies with higher debt-to-equity ratios. Wood Mackenzie expects those with gearing of above 35% would prioritise resilience over long-term growth, while those with better debt positions would turn to divestments and asset acquisitions to improve the quality of their portfolio.
Share buybacks will also remain on the oil industry’s table as a favorite tool for making shareholders happy, although, Wood Mac notes, these tend to dry up when oil slips below $50 per barrel. Interestingly, the analytics company does not seem to factor into its analysis a scenario where prices might go up instead of down, especially now that President Trump has signaled he would be willing to step up pressure on Russia to bring a swifter end to the war in Ukraine.
If prices do rise, for whatever reason, including failure of the massive 3-million-bpd glut that the IEA predicted to materialize, then the immediate outlook for the oil and gas industry becomes different—but not too different. Companies have already demonstrated they would not return to their old ways of splurging when times were good and tightening belts when times were bad. They would likely stick to spending caution and shareholder return prioritization, regardless of prices.
By Irina Slav
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ECN Commences 7MW Solar Power Project In AKTH

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As a landmark intervention designed to guarantee uninterrupted electricity supply, the Energy Commission of Nigeria (ECN), has commenced a 7MW solar power project at the Aminu Kano Teaching Hospital (AKTH)
The project is the outcome of ECN’s comprehensive energy audit and strategic planning, which exposed the unsustainable cost of diesel and the risks associated with AKTH’s dependence on the national grid.
Working in close collaboration with the Federal Ministry of Innovation, Science, and Technology under the coordinating leadership of Chief Uche Nnaji, the ECN planned and executed this critical project to secure the hospital’s energy future.
The Director – General, ECN, Dr. Mustapha Abullahi, said “the timing of this intervention could not be more crucial” recalling that only days ago, AKTH suffered prolonged power outages that tragically claimed lives in its Intensive Care Unit.
“That painful incident has strengthened our resolve. With this solar installation, we are ensuring that such tragedies are prevented in the future and that critical medical services can operate without fear of disruption”.
Abdullahi stated that the project is a clear demonstration of the Renewed Hope Agenda of President Bola Ahmed Tinubu in action and reflects ECN’s commitment to making Nigeria’s energy transition people-centered, where hospitals, schools, and other essential institutions thrive on reliable, clean, and sustainable power.
The ECN boss further reaffirmed ECN’s commitment to continued deployment of innovative energy solutions across the nation.
“This is not just about powering institutions; it is about saving lives, restoring confidence, and securing a brighter future for Nigerians”, he stated.
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