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N1.14trn Subsidy Payment Fraudulent -PDP …As Ezeife, Yakasai, Others Tell Buhari To Drop 2nd Term Bid
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.
News
FG Spends N10tn On Power Since Privatisation
The Federal Government says it has invested more than N10tn in Nigeria’s electricity sector since its privatisation in 2013, but the intervention has yet to deliver the reliable power supply expected from the reform.
The Managing Director of FGN Power Company Limited, Kenny Anuwe, disclosed this yesterday at the sixth annual conference of the Power Correspondents Association of Nigeria, in Abuja.
The conference afforded stakeholders to examine the country’s roadmap to reliable and affordable electricity under the Federal Government’s ambition to grow the economy to $1tn by 2030.
Anuwe said the huge government spending has kept the industry afloat but stressed that public funding alone could not address the country’s electricity challenges, calling for increased private sector participation and alternative financing models to accelerate infrastructure development.
The conference was themed, “$1trn Economy: Nigeria’s Roadmap to Reliable and Affordable Power Supply.”
The disclosure raises fresh questions about the outcome of the 2013 power sector privatisation, which transferred the country’s 11 distribution companies and six generation companies to private investors, while the Federal Government retained ownership of the transmission network.
Despite successive government interventions, electricity supply has remained unstable, with inadequate generation, gas shortages, weak transmission and distribution infrastructure, mounting sector debts and poor investment continuing to undermine the industry.
Anuwe acknowledged that government funding had been significant but insufficient to meet the sector’s ambitions.
“Government has invested over N10tn in the electricity sector since the advent of privatisation. But is it enough? How much money is enough? If government didn’t invest that money, the industry would not be standing today.
“No matter how you look at it, no matter how critical you are about what government’s role is, if government did not put that money in, the industry would not be standing,” he said.
He, however, described the continued dependence on government funding as unsustainable, noting that the Federal Government was responsible for more than 95 per cent of new infrastructure investment in the sector.
“That’s not why we privatised. We have all kinds of excuses why that has happened. And a lot of them are legitimate. But it’s time for us to move from excuses to saying how do we fix it. It does not need the government to do everything. I believe that government cannot do everything,” Anuwe said.
He said the country needed simpler investment structures, predictable regulations, clear institutional responsibilities and commercially viable projects to attract private capital.
According to him, the FGN Power Company is targeting an investment structure that could attract 1bn, with the Africa Finance Corporation expected to match the amount.
He disclosed that the company’s ongoing Presidential Power Initiative projects were expected to deliver additional transmission capacity, with a target of 5,540 megawatts by 2029 and at least 60 per cent improvement in grid reliability.
The projects include a second batch of 12 Siemens substations and special projects involving Omotosho substations, which are expected to cumulatively deliver nearly 3,400MW.
Anuwe said most of the ongoing first-phase transmission substation and line projects were now expected to be completed in the first quarter of 2027, following delays.
He added that the company had secured financing for its pilot phase and was working with international technical and financial partners, including Siemens Energy, China Machinery Engineering Corporation and TBEA.
The Minister of Power, Joseph Tegbe, in his address, said the Federal Government had also developed a four-pronged roadmap to address the sector’s challenges through grid stabilisation, sector liquidity and sustainability, asset optimisation and expansion and enhancement of the national grid.
He said the government had raised N1.23tn under its N3.3tn plan to settle verified legacy debts owed to electricity generation companies.
According to him, more than 2.8 million electricity customers have been metered under the Presidential Metering Initiative, while additional transmission capacity exceeding 15,000 megavolt-amperes had been added to the national grid between 2023 and October 2026.
“Let me inform this gathering that we have developed a four-pronged roadmap to address
the power sector challenges comprehensively. These are Grid Stabilisation, Sector Liquidity
and Sustainability, Asset Optimisation, and Expansion and Enhancement of the grid. Central
to this plan is a corridor approach that prioritises major load centres for reliable, round-
the-clock electricity supply.
“A technical audit has been commissioned to establish a robust diagnostic baseline, identify critical constraints and guide the prioritisation, sequencing and
execution of interventions. The corridor approach gives this roadmap a practical industrial focus.
“In the past two months alone, I have commissioned newly installed substation equipment across Kumbotoso, Dankata, Mashi, Dan-Agundi, Apapa, Ijora, Ikeja, Biliri, Walalambe and other locations, adding over 1,300MVA to Nigeria’s transmission capacity. This has unlocked more power to the respective Distribution Companies for onward distribution to industrial and household customers,” Tegbe said.
He added that the government was adopting a corridor-based approach to improve electricity supply in major economic centres, beginning with the Lagos-Ogun axis and Abuja franchise area, which together account for more than 50 per cent of national electricity demand.
The minister said the proposed 24-hour electricity zones would align generation, transmission and distribution capacity with demand in industrial clusters, subject to technical readiness and commercial viability.
He also identified vandalism as a major threat to electricity infrastructure, disclosing that President Bola Tinubu had approved a coordinated anti-vandalism campaign involving security agencies.
Earlier, the Chairman of PCAN, Obas Esiedesa, said reliable and affordable electricity was indispensable to the country’s ambition of building a $1tn economy by 2030.
He urged stakeholders to move beyond identifying the industry’s problems and focus on practical solutions, particularly investment, infrastructure development and sustainable financing.
News
Fubara: Why We Engage Only Qualified Engineers, Indigenous Contractors On Projects …As Governor Bags NATE Platinum Award, Inducted Into Highest Membership Cadre
Governor of Rivers State, Sir Siminalayi Fubara, has stated that his administration engages indigenous contractors, qualified engineers and technologists in road and housing projects to ensure the delivery of standard and quality projects in the State.
Governor Fubara stated this yesterday while declaring open the 42nd Conference of Technologists in Engineering ( CONFOTECH) and Annual General Meeting of the Nigerian Association of Technologists in Engineering, (NATE), in Port Harcourt.
The conference saw the association conferring its Platinum Award on Governor Siminalayi Fubara and his induction into the highest membership cadre of NATE in recognition of his massive infrastructural development across Rivers State.
Governor Fubara, who was represented by his Chief of Staff, Mr. Sunny Ewule, expressed the readiness of his administration to the continued partnership and support for professional associations in promoting professionalism, building capacity and driving technological advancement.
He thanked the leadership and the entire membership of NATE for finding him worthy of their most prestigious award and honour, the NATE Platinum Award, and the accompanying induction into the highest membership cadre of the association.
“I consider this award not as a personal achievement but as a recognition of the collective effort of my administration and the good people of Rivers State in the area of infrastructure development and the deployment of engineering and technological solutions to advance the socio-economic development of the state, he said.
Governor Fubara noted that the theme of the conference: Safety, Regulation and Enforcement in Engineering: A Panacea to Industrial and Technological Growth in Nigeria, could not be more timely and relevant.
According to Fubara, no meaningful industrial growth can take place without safety, strong regulation, and enforcement, adding that it is for that reason that his administration has continued to insist on standard, quality delivery, and the engagement of qualified engineers, technologists and indigenous contractors in road construction, housing and other major developments across the state.
In his welcome address, the National President of the Nigerian Association of Technologists in Engineering (NATE), Engr. Dominic Udoatan, said the conference underscores a fundamental truth that safety, effective regulation and strict enforcement are indispensable to sustainable industrial and technological growth.
He urged government, regulatory bodies, employers and professional associations to work together to ensure competence, accountability and the protection of lives and property, while expressing the association’s sincere appreciation to Governor Fubara’s administration for its recognition of the importance of infrastructure, technical competence and technological advancement.
News
IGP Warns Police Officers Against Partisanship …Directs Regular Engagement With Journalists
The Inspector-General of Police, Olatunji Disu, has warned officers of the Nigeria Police Force against engaging in partisan political activities, insisting that the Force would remain neutral before, during and after the 2027 general elections.
The IGP gave the directive during a strategic meeting with senior police officers, including Deputy Inspectors-General of Police, Assistant Inspectors- General of Police and Commissioners of Police, at the Force Headquarters, Abuja, last Wednesday.
He told the officers across the country to maintain regular interactions with journalists as part of efforts to tackle misinformation and fake news ahead of the elections.
He said sustained engagement with the media would strengthen public communication, promote transparency and help curb the spread of misleading information capable of undermining public confidence in the electoral process.
Disu assured that the Nigeria Police Force would not allow itself to be used by politicians or political parties, saying the Force remains committed to providing a level playing field for all participants in the electoral process.
“We will remain neutral, ensure the safety and security of the electorate before, during and after the election,” he said.
The Police Chief warned that any police officer found participating in partisan politics would face appropriate disciplinary and legal consequences.
On the protection of citizens’ rights, the IGP charged Commissioners of Police to ensure that all reported cases of human rights violations are properly documented, investigated and resolved within a reasonable period.
He also directed police commands and zones across the country to establish accessible and visible Complaints Response Units to enable members of the public report alleged abuses and obtain appropriate redress.
Disu emphasized the need to improve the welfare of police personnel, directing Commissioners of Police to ensure prompt payment of death benefits to families of fallen officers and personally visit such families to demonstrate the Force’s support and solidarity.
He highlighted some of the achievements recorded by the Force but maintained that more efforts were required to address prevailing security challenges, particularly banditry in parts of the country.
He also cautioned Commissioners of Police against travelling outside their respective states without obtaining express approval from his office.
The IGP thanked President Bola Tinubu for his continued support and commitment to strengthening the capacity of the police to combat crime and maintain national security.
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