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S’WEST APC LEADERS BACK SOUTHERN GOVERNORS’ POSITION ON OPEN GRAZING

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…Reject separatist agitations; renew call for federalism, restructuring

…Sanwo-Olu hosts meeting of APC Govs, party leaders
Worried by unabated kidnapping and festering banditry threatening the peace of the nation, All Progressives Congress (APC) leaders in the Southwest met in Lagos on Sunday to deliberate the way forward.

Governor Babajide Sanwo-Olu hosted the meeting, which was held behind closed doors for about five hours, at the State House in Marina. APC National Leader, Asiwaju Bola Ahmed Tinubu, which was chaired by the former APC interim national chairman, Chief Bisi Akande, and Speaker of the House of Representatives, Rt. Hon. Femi Gbajabiamila.
Others are Governors of Ogun and Osun states, Prince Dapo Abiodun and Gboyega Oyetola, Minister for Industry, Trade and Investment, Otunba Niyi Adebayo, former Ogun State Governor, Aremo Olusegun Osoba, Gen. Alani Akinrinade (rtd), and Chief Pius Akinyelure.

Coming out of the meeting, the APC leaders strongly condemned separatist agitations and hate speeches, avowing their belief in the unity, stability and sustainability of the country.

They also threw their weight behind the position of Southern Governors on open grazing taken during a summit held on May 11, 2021 in Asaba, Delta State.

Chief Akande, who spoke on behalf of the APC leaders, said the attendees endorsed the ban on open grazing, as the decision would lessen tensions between farmers and herders, while also helping the long-term economic viability of both the farming and herding communities.

He said the party leaders were mindful of the short-term dislocation the ban on open grazing might cause, but added the Southern Governors’ decision was in the best interests of all parties concerned.

The party leaders urged the Federal Government to provide short, medium and long-term finance through the Central Bank of Nigeria (CBN) for States and private individuals who may wish to set up ranches as part of the agricultural sustainability policy.

He said: “We endorse the position of the Southern Governors taken at their summit in Asaba regarding ranching.

We do so because such a decision will lessen tensions between farmers and herders while also helping the long-term economic viability of both the farming and herding communities.

We are mindful of the short-term dislocation this might cause but we are also mindful that this position is in the best interests of all parties concerned.

“We recommend that the Federal and State Governments cooperate fully with one another to enact the necessary measures to encourage this more effective and modern method of cattle-rearing so that both farmers and herders can pursue their livelihoods with greater productivity and in a more cooperative relationship that minimises the friction between these two important pillars of our agricultural economy.”

The APC leaders expressed their concerns on security situation in the country, stressing that terrorism and criminality were threatening livelihoods of Nigerians adversely in many areas.

They urged the Federal Government to continue to allocate sufficient resources to enable the military and security agencies to tackle the security challenges.

The Southwest party leaders used the occasion to renew their call for restructuring and true federalism, where more power and resources are allocated to States to strengthen democratic governance and engender peace.

True federalism, they argued, will empower States to solve localised issues before they transform into national problem.

The party stalwarts said aside mitigating political competition for control of power, federalism would empower grassroots economic development and political reforms that will stand as bulwarks against the terrorism and criminality.

The communique reads in part: “For Nigeria to overcome the present challenges, we must do so with unity of purpose and action.

The desire for peace and the chance for a prosperous and just society is universal and transcends all regional, religious or ethnic divisions. Sadly, many public figures have made statements that spark division and undermine the needed unity of purpose.

“We urge government at all levels, security agencies, and public leaders across the country to do everything possible to prevent tension so that we sustain the necessary unity to defeat these challenges to our national security.

All responsible Nigerians must speak and act in a manner that strengthens our common cause against these common threats to our collective peace, justice and development.

“We restate our abhorrence of violence as a means to achieve either political or economic power and influence.

We strongly condemn violence of any form in any part of the country, regardless of ethnic or regional identity of the perpetrators of the violence or of the victims. Government must do all it can to protect potential victims and to assist those who have previously been victimized by terrorism or widespread banditry.

“We hold to the view that true federalism where more power and resources are allocated to the states will be an essential part in strengthening society and improving democratic governance so that we beat the present challenges but also engender durable peace and security. True federalism and the reallocation of resources and authority that comes with it will empower the states to solve localised issues before they spread and transform into national ones.”

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Senate Frown At False Claims Against Bamidele, Mulls Stiffer Sanctions  

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Nigerian Senate
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The Senate said it has noticed with grave concerns diverse vicious attempts to pitch the public against its leadership and that National Assembly at large. The latest of such attempts was a petition supposedly addressed to Chairman, Independent Corrupt Practices and Other Related Offences Commission (ICPC), Dr. Musa Adamu Aliyu (SAN) against the Leader of the Senate, Senator Michael Opeyemi Bamidele, CON.

The petition, signed by Convener, Public Procurement Transparency Group, David Udoh, accused Senator Bamidele of intimidating and pressurising Chief Executive Officer, Rural Electrification Agency (REA), Mr. Abba Abubakar Aliyu to award contracts to some companies linked to him contrary to the Public Procurement Act, 2007. This allegation is not only baseless, but also without any evidence in support of its claims

Already, REA has issued a statement, disputing all these vicious claims. Specifically, its management noted that it was never under any pressure “to compromise the integrity of its procurement process. Rather, it always upholds transparency, fairness, and due process in all its activities, including procurement.”

We have endured enough all sorts of cheap blackmail by faceless groups and individuals using some bloggers and social media to feed the unsuspecting public with falsehoods and fallacies capable of causing further damage not just to the image of the National Assembly, but also to the public perception of the Federal Republic of Nigeria, especially among comity of nations.

Our preliminary background checks reveal that the Public Procurement Transparency Group has no record with the Corporate Affairs Commission; its Convener, David Udoh, faceless and his phone contact is practically inactive and non-functional. Further checks showed that this faceless group never submitted any petition to ICPC. Nevertheless, its sole aim was to use the social media to blackmail Senator Bamidele

Nigeria is a federation of 36 states and Federal Capital Territory governed by the Constitution, Acts of National Assembly and judicial precedents. Henceforth, we shall no more treat cases of cheap blackmail against the Senate, its leadership and the National Assembly lightly. But we shall treat such infractions within the confine of extant laws and whoever found guilty in the process shall face the full wrath of the laws.

 

 

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NNPC Reacts to Atiku’s Allegations of Plan by Tinubu to Mortgage Nigeria’s Future via OVH Deal

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Former Vice President Atiku Abubakar
Former Vice President Atiku Abubakar
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The Nigerian National Petroleum Company Limited (NNPC Ltd) has reacted to allegations made by former Vice President Atiku Abubakar, accusing President Bola Tinubu of attempting to mortgage Nigeria’s future through the acquisition of OVH Energy by NNPC Ltd.

In a statement titled “OVH Acquisition: The Facts, by NNPC Ltd,” the company denied any personal interest by President Tinubu in the acquisition.

NNPC Ltd stated that investment decisions are based on commercial viability and national interest, and provided facts to counter Atiku’s allegations.

The company said that it is a commercially focused and profit-driven entity, managed by professionals committed to adding value to the nation. NNPC Ltd also clarified that the acquisition of OVH Energy was done without any interest from Wale Tinubu or President Tinubu.

The full text of the statement is as follows:

PRESS RELEASE

OVH Acquisition: The Facts, by NNPC Ltd

The attention of NNPC Ltd. has been drawn to a press release signed by Mr. Paul Ibe, a Media Adviser to the former Vice President, Alhaji Atiku Abubakar.

In the statement, the former Vice President was quoted to have lamented “the criminal hijack of the NNPC by corporate cabals around the current President”.

He was also quoted to have listed the retention of Mr. Mele Kyari as the Group Chief Executive Officer of NNPC Ltd as a compensation for the alleged acquisition of NNPC Retail Ltd. by OVH in which he claimed Mr. Wale Tinubu held 49% stake.

He further alleged that the NNPC Retail Ltd—OVH acquisition deal was part of a grand scheme by President Bola Ahmed Tinubu to integrate his personal business interests into Nigeria’s public enterprises at the federal level.

NNPC Ltd. wishes to set the records straight with the following facts:

1. We are a commercially-focused and profit-driven company managed by professionals who are committed to adding value to the nation.

2. Investment decisions by NNPC Ltd. Management are strictly determined on the basis of commercial viability and national interest.

3. At the time NNPC Ltd. acquired OVH in 2022, Oando (in which Mr. Wale Tinubu has equity interest), had fully divested its equity in OVH to the other partners – Vitol and Helios. Oando actually began its divestment in 2016, with Vitol and Helios coming in as equity partners, leading to the change of name from Oando to OVH. In 2019, Oando fully divested its equity interest in OVH resulting in Vitol and Helios holding 50% equity interests, respectively.

4.Upon acquisition of OVH by NNPC Ltd, both NNPC Retail Ltd. and OVH effectively became subsidiaries of NNPC Ltd. However, based on professional advice and sound commercial considerations, NNPC Ltd. opted to merge NNPC Retail Limited into OVH, and thereafter retain NNPC Retail Limited as the company name post-merger.

5. The first step of merging NNPC Retail Ltd. into OVH has been completed and the post-merger renaming as NNPC Retail Ltd. is ongoing.

6. Contrary to the false alarm raised, neither Wale Tinubu nor the President has any interest in the OVH acquisition.

7. As a businessman, the former Vice President should know that effectiveness in business leadership is best measured by balance sheets and bottom lines rather than pedestrian considerations.

8. The management of NNPC Ltd., under the leadership of Mr. Mele Kyari, has done very well in growing the company’s fortunes as shown in the 2023 Audited Financial Statement (AFS), where it reported N3.3 trillion as profit after tax.

9. NNPC Ltd. as a commercial entity is devoid of political interest and shall continue to conduct its business full of commitment to national interest and value creation for the benefit of all stakeholders. NNPC Ltd. shall resist any attempt to draw its Board and Management into partisan politics.

Olufemi Soneye Chief Corporate Communications OfficerNNPC Ltd.Abuja

22 August, 2024

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2025 Budget: Senate Promises Increased Federal Projects For Ekiti

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L-R, Former Ekiti state Gov, Ayodele Fayose, Ekiti State Gov Biodun Oyebanji, Deputy Senate President Barau Jibrin and Senate Leader, Michael Opeyemi Bamidele
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 .. As Senators Donated 115 Million Naira To Support Ado Ekiti

The President of the Senate, Godswill Akpabio, has assured that the Federal Government will undertake significant projects in Ekiti State next year to bring about economic and meaningful development across the state.

He gave the assurance at the 2024 Udiroko Festival, which marks another calendar year in the history of Ado Ekiti

Represented at the annual cultural celebration by Deputy Senate President Barau Jibrin, stated that the Senate will consider developmental projects for Ekiti State in the 2025 Budget.

Akpabio acknowledged Ekiti’s consistent support for the current administration’s policies.

He explained that this support informed the federal government’s decision to propose projects in the state, and assured that all abandoned federal projects would be completed.

The Senate president highlighted the Udiroko Festival as a unique event deserving national recognition. He pledged to advocate for the presence of prominent Nigerian political leaders at subsequent festivals to enhance its visibility and prestige.

Senate Leader, Michael Opeyemi Bamidele, reiterated that the National Assembly, through the 2025 budget appropriation act, will bring more federal development projects to Ado-Ekiti, the capital of Ekiti State.

The lawmaker representing Ekiti Central Senatorial District emphasized the significance of the festival, noting that it reflects the true culture of Ekiti indigenes and residents.

Bamidele, commended the Ewi of Ado-Ekiti, Oba Rufus Adejugbe Aladesanmi III, for his support of the All Progressives Congress (APC) government at both the state and federal levels.

His words, “Udiroko is now popular across Ekiti. We thank God that our Kabiyesi is doing well as a leader”.

“I thank our Kabiyesi for his support of the government at the federal and especially our state here, under the leadership of Governor Biodun Oyebanji”.

“We will reciprocate with developmental projects in Ado Kingdom. Both the Deputy Senate President and I will ask the Senate President to be specific about which projects he will bring to Ado-Ekiti in the 2025 budget allocation.

Meanwhile, Senate President Godswill Akpabio, Deputy Senate President Barau Jibrin, Senate Leader Michael Opeyemi Bamidele, and Senator Solomon Olamilekan Adeola collectively donated 115 Million Naira to support developmental initiatives in Ado Ekiti.

 

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