Connect with us

news

Presidency hits Obasanjo over Fayose, Ladoja, Obi

Published

on

Ex-president accused of undemocratic actions

The Presidency yesterday attacked the Peoples Democratic Party (PDP) administration, especially under former President Olusegun Obasanjo, for “toppling” elected state governments, using the police and the secret service.

In an article to commemorate the third anniversary of the Buhari Presidency last night, Senior Special Assistant to President Muhamadu Buhari on Media and Publicity Garba Shehu recalled how former Governors  Joshua Dariye (Plateau), Rashidi Ladoja (Oyo) and Peter Obi (Anambra)  were removed for reasons not noble.

The statement added that under that dispensation, “it took an insider collaboration to thwart the unseating of Governor (Chris) Ngige (of Anambra State) by a powerful thug sponsored by the PDP administration.”

Shehu added: “The parliament at the centre seized the law-making powers of the Rivers State House of Assembly as a way to save Governor Rotimi Amaechi, the then chairman of the Nigerian Governors Forum, from impeachment by the PDP presidency.”

Recalling the way the governors were removed  without going through the due process, the statement said:  “A five-man legislature met at 6:00 am and ‘impeached’ Governor Dariye in Plateau; 18 members out of 32 removed Governor Ladoja of Oyo from office; in Anambra, APGA’s Governor Obi was equally impeached at 5:00 a.m. by members who did not meet the two-thirds required by the constitution. His offence was that he refused to inflate the state’s budget. The lawmakers had reportedly met with representatives of the President in Asaba, Delta State and then accompanied to Awka by heavy security provided by the police Mobile Unit.

“The PDP President at that time had reportedly told Obi to forget re-election in 2007 if he did not join the PDP because he (the President) would not support a non-PDP member.

In Ekiti, Governor Fayose in his first term faced allegations of financial corruption and murder. Following the failure to heed the instruction of the Presidency to impeach only Fayose and spare the deputy, Madam Olujimi, now a senator, the PDP President declared that there was a breakdown of law and order in the state and declared a state of emergency.

“He appointed Brig-Gen. Adetunji Olurin (rtd) as the sole administrator of the state on October 19, 2006. In an earlier incident in Anambra, it took an insider collaboration to thwart the unseating of Governor Ngige by a powerful thug sponsored by the PDP administration.”

The Presidency said: “Thank God for Buhari, none of these absurdities has happened under his watch but the PDP is indicating their boredom with his meticulous observance of the constitution by calling for a return to the old order.

“If not for “dry eyes,” as said in our common parlance, what is it that would push this party to write a letter to the United Nations, laying false claims to constitutionality and alleging that democracy is presently under threat?

“But then, we all understand that by its tone, this is an angry opposition unhappy about the loss of privileges they desperately want to hang on to, privileges now abolished by the prudent, austere Buhari Administration. “The former Minister of Finance, Dr Ngozi Okonjo-Iweala, shocked the world by the revelation in her new book, titled, Fighting Corruption is Dangerous: The Story Behind the Headlines, that they paid N17 billion bribe to the National Assembly to get them pass the 2015 budget.

“President Buhari’s first budget in 2016 was the first year of passing the budget without the bribery of legislators. He came to power to clean up the mess and has so far managed a cleaner government than all of the past administrations.”

The article said “the beneficiaries of the old order have since been complaining that they are being starved. Four more years of Buhari?”

“If by chance or accident you have a USD 16 billion question hanging on your neck, money large enough to construct the Lagos-Port Harcourt standard gauge railway and the massive Mambila power plant put together without borrowing a kobo, then you see a capacity in the change administration to end the shenanigans and get to the root of what happened with the money in that exercise, what do you do? Most people will say start running, scream it: that this change we voted for has gone too far. Foxy generals don’t wait to be caught.”

“It is the same thing with the narrative of suffering and hunger in the land, the blame which is unfairly being heaped on this administration. Understood in its proper meaning, it is just a way of saying that the country’s ghastly and complicated corruption industry, which provides inestimable amounts of disposable incomes to public servants and elected officials is being shut down. What government has done in the trade and investment sector, and in other processes of government are illustrative of this. Government has been streamlining systems as a result of which there is transparency and fewer rules.”

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

news

Tinubu and Macron have agreed to a stronger partnership for shared prosperity

Published

on

President Bola Ahmed Tinubu visit France President (yesterday

The two nations struck the deal during a “production lunch” at Élysée Palace by President Bola Ahmed Tinubu and President Emmanuel Macron.

President Tinubu, who is on a 10-day working vacation in Europe made this agreement known through his verified X Handle @officialABAT.

He wrote: “Had a productive lunch with President Emmanuel Macron today(yesterday) at the Élysée Palace. We reviewed key areas of cooperation between Nigeria and France and agreed to deepen our partnership for mutual prosperity and global stability.”

The meeting underscores Tinubu’s continued diplomatic outreach during his time away from Abuja, with an emphasis on consolidating Nigeria’s strategic partnerships with France, one of its longstanding allies in trade, security, and development.

The Élysée Palace meeting adds to a growing record of high-level engagements between the two countries, which have in recent years broadened cooperation in energy, counterterrorism, climate action and investment promotion.

Continue Reading

news

$2 billion Fraud : Kyari, being probed over funding of the repair work on refineries, others, Says EFCC

Published

on

Ex-GCEO: I have nothing to hide
Former Group Chief Executive Officer (GCEO) of the Nigerian National Petroleum Company Limited (NNPCL), Mele Kolo Kyari, is being probed over funding of the repair work on refineries.

He was taken before investigators at the Abuja Headquarters of the Economic and Financial Crimes Commission (EFCC) yesterday.

As of 8:30pm, he had not been allowed to go, raising suspicion whether or not he was detained.

Under investigation, according to sources at the anti-graft agency, are:

•How the over $2 billion meant for Turn-Around Maintenance (TAM) was spent: The money, it was learnt, was made available, thus: $1.55 billion to the Port Harcourt Refinery; $740.6 million (Kaduna Refinery) and $656.9 million (Warri Refinery).

•The contracts awarded during his tenure:

Kyari, before submitting himself to interrogation, had always insisted he had nothing to hide.

In a statement on his invitation, titled: “Hard questions, honest answers”, Kyari said: “I have done my part; the EFCC must do theirs. When each of us does our duty – without fear of favor, with honour, respect and commitment – Nigeria moves forward.”

On arrival at the EFCC headquarters, his international passport was seized.

The four state-run refineries are: Port Harcourt Refining Company (PHRC) (2); Warri Refining and Petrochemical Company (WRPC) and the Kaduna Refining and Petrochemical Company (KRPC).

They have installed capacity to produce 445,000 barrels per day (bpd)

The two Port Harcourt refineries have a combined capacity of 210,000 barrels per day (bpd), Warri has a capacity of 125,000 bpd and Kaduna has 110,000 bpd.

But the refineries remained non-functional for years despite several attempts to refurbish them.

About $18 billion has been sunk into TAM since 2010 but the refineries were still in poor state.

According to an EFCC source, Kyari was asked to “state how much was voted for TAM during his tenure, what was expended and the balance, if any.

“Detectives were also curious to know how N4.8 trillion was incurred as operating costs on the refineries when they weren’t working.

“The most crucial aspect of the investigation is why the refineries broke down shortly after repairs.

“Some of his former top officials have refunded money to the EFCC from TAM cash. Kyari is to explain what he knew about how the slush funds came about.”

The source said: “After the probe of TAM, Kyari will proceed to the second phase of the investigation, which is about the humongous contracts awarded during his tenure.

“So far, we have seized his international passport to limit his movement to the country in the course of investigation.”

TAM has been a major money pit of NNPC in the last three years, in particular.

On June 24, 2022, the Federal Executive Council awarded Maintenance Services for Quick Fix Repairs of Warri Refinery to Daewoo Engineering and Construction Limited at $497, 328, 500.

The contract was different from the 2017 job award to Saipem Contracting Nigeria Limited for Tech Plant Survey of Warri and Kaduna Refineries at 2, 025, 000.32 Euros.

The rehabilitation of the Kaduna Refinery and Petro-Chemical Company (KRPC) had, in the past 10 years, gulped N2.26 billion.

The NNPCL approved a renovation deal with Daewoo Engineering and Construction Limited to renovate Kaduna Refinery in February 2023 to restore the refinery to production of 110,000 barrels of petrol per day and at least 60 per cent capacity by early last year.

Kyari was appointed NNPCL GCEO in 2019 and served till April 2, when his appointment was terminated.

On August 28, Kyari’s successor, Bayo Ojulari, said Nigeria lost between $300 million and $500 million monthly while the Port Harcourt Refinery was operating.

He said: “When I resumed, one of the first priorities I focused on was the refinery. I did a quick review to see if we could quickly fix it. What I found is that we were losing between $300 million to $500 million on a monthly basis in the refinery.

“We were pumping about 50,000 barrels of crude to go into the refinery. What was coming out was less than 40 per cent equivalent of what was coming in.”

Ojulari spoke in his Abuja office when he met with the leadership of Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN).

After years of being in comatose, the NNPCL restarted the Port Harcourt Refinery in November, 2024. Kyari announced the reopening of the facility to a huge applause by Nigerians, but the operation was halted in May, barely one month after Ojulari’s resumption.

Ojulari said he halted the operation of the refinery to prevent further losses, and work towards a sustainable arrangement.

Ojulari explained: “The first thing we said was rather than continue to lose, let’s quickly stop and look for a way to put this refinery into a sustainably profitable venture.”

He said the NNPCL was working to revive the moribund refineries to operate at full capacity by adopting the Nigeria Liquefied Natural Gas (NLNG) model (Public, Private, Partnership), which PENGASSAN advocated during the meeting.

The NNPCL chief said talks were on to find a viable solution to the refining crisis, ensuring the refineries become a sustainably profitable venture.

He said the national oil company had concluded a technical review for the three refineries, pointing out that the long term neglect and lack of maintenance were major reasons behind the huge losses recorded monthly, despite the huge investments to make them work.

The NNPCL chief, who explained that a lot of money has been spent on the refineries, admitted that it has been challenging to translate those funds into profitability.

He likened the situation of the refineries to parking an old car for some time without any greasing and oiling. He added that the Port Harcourt Refinery has been difficult to put back because of years of neglect and it’s been difficult: when you fix one thing, the other thing is still there.

Continue Reading

news

Update : Bola Tinubu, with his French counterpart, Emmanuel Macron

Published

on

President Bola Tinubu, with his French counterpart, President Emmanuel Macron, during a working private lunch at the Elysee Palace, Paris. Wednesday, September 10, 2025

Continue Reading

Trending

Copyright © 2025 Newsthumb Magazine | All rights reserved