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A’Court Rules On Motion To Suspend PDP Convention, Today …As BoT Blasts Secondus, Says Event To Hold

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The Appeal Court sitting in Port Harcourt, Rivers State has reserved judgement on the application brought before it seeking the leave of the court to suspend the Peoples Democratic Party (PDP) National Convention scheduled to begin in Abuja, tomorrow.
This is as the party’s Board of Trustees (BoT) has insisted that its national convention would hold according to plan.
The three-man panel of Justices of the Appellate Court led by Justice Haruna Tsammani reserved the judgement for ruling, today at 12noon after taking all arguments from the counsel representing the parties in the matter.
Justice Tsammani while adjourning the sitting, yesterday, expressed happiness with the level of maturity shown by all the parties, especially the counsel who represented their clients in the matter, and appealed to the media to report accurately what transpired in the court and avoid heating up the system.
The embattled former national chairman of the Peoples Democratic Party (PDP),Prince Uche Secondus in Appeal Court suit number CA/339/2021 versus Ibeawuchi Alex & 11 Others is seeking, among other things, the leave of the court through a motion to suspend the holding of the National Convention of PDP scheduled to hold on Saturday, October 30, 2021 at Abuja pending the determination of the matter before it.
Secondus through his counsel, Tayo Oyetibo, a senior Advocate of Nigeria (SAN), is asking the court to put the convention on hold and determine whether his removal as the national chairman of the party was valid, saying that the constitution of party empowered him to preside over the party’s convention.
He explained that his client had not asked the court to nullify the party’s national convention but that it was his constitutional right and not a privilege to preside over the convention, and urged the court to grant him the prayers sought in the application.
According to him, Article 35,Sub-Section 16 of the PDPConstitution used a mandatory word “Shall” preside over, adding that such word invested on Prince UcheSecondus the power to preside over the convention making it mandatory and not “privileged power.
“I draw the attention of my Lords to Paragraph 19 of my written address on point of law which captures the essence of my prayers. We urge you, my Lord to preserve the mace in this case, the jurisdiction of the court, and to give efficacious judgement in this appeal. The appellant has placed before you that he was unconstitutionally removed as the national chairman of the party and his image is permanently destroyed.
“I urge you to give him justice, his tenure as the national chairman of the party will come to an end by December 3, 2021”, he stated.
In their own presentations and arguments, the respondents’ counsel for Ibeawuchi and 11 others, Henry Bello (Esq), S.I.Ahmed,representing the Peoples Democratic Party (PDP) who are the 6th respondent; Godwin Obla, (SAN), 8th respondent; Donald Dee Wigwe (SAN) 9&10 respondent; and Sabastine Hon (SAN) for 11th respondent; vehemently opposed the application, and urged the court to dismiss it in its entirety as the application was lacking in merit.
They submitted that the application sought by the appellant applicant was alien, adding that the allusion infused in the motion was a radical departure from the appeal.
They, therefore, urged the court to dismiss the motion.
According to them, the applicant’s application was belaboured, in vain, and prayed the court to consider in balance the over 4,000 members of the party who have since travelled to Abuja for the convention.
They argued that the interest of an individual cannot override the interest of 4,000 persons, adding that all arrangements for the convention have been concluded.
The Tide reports that the appeal was in respect to the earlier judgement given by the Rivers State High Court which sacked Prince UcheSecondus as the national chairman of the party.
Around six Senior Advocates of Nigeria (SANs) are taking part in the legal war at the Appeal Court.
Meanwhile, the Peoples Democratic Party (PDP) has insisted that its planned national convention would hold.
PDP’s Chairman, Board of Trustees (BoT), Walid Jibril, said the convention would hold despite the suit challenging the event by the party’s suspended national chairman, Prince Uche Secondus.
It would be recalled that the Rivers State High Court had restrained Secondus from parading himself as the party’s chairman.
But, Secondus vowed never to withdraw the suit challenging his removal from office.
He had challenged PDP to stop all forms of preparation for the convention pending the hearing of his case in the Court of Appeal.
However, Jubril urged Secondus not to make the former ruling party ungovernable.
Featuring on Channels Television’s Sunrise Daily, the BoT chairman insisted that the party’s national convention would take place as scheduled.
According to Jibrin: “It will be very wrong for Secondus, being a founding member of the PDP, to make the party ungovernable.
“Could it be now that he goes against what the party is doing, what the party intends to do? I say it will be very wrong if Secondus is taking another fight completely, yielding the course to solve his own problem.
“Everything will come to an end. He had been in this party since the formation of the party. Is he going to die, what is going to happen to him? Let’s look at the party as supreme and go on with the decision of this party.
“I would like to say that the convention planned for the 30th of this month is on and we’re going to be there and carry out our duties and improve our party.
“We have processes and we have the national deputy chairman from the south, where he comes from and he is on course and he is now leading our party. His presence in the convention is not necessary at all.”

By: Akujobi Amadi

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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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