March 20, 2022

Press Statement

Fuel Crisis: APC is Kneeling on the Necks of Nigerians- PDP
…Slams Buhari for Abdication of Duties

The Peoples Democratic Party (PDP) cautions the All Progressives Congress (APC) administration to note that its unrelenting culture of arrogance, impunity and criminal pillaging of our national resources is akin to kneeling on the necks of Nigerians.

The PDP warns that there is a limit to what the people can bear under an administration that remains arrogant, inhumane, unconcerned and insensitive to their plights occasioned by its misrule.

Is it not an unpardonable dereliction of duty that while the nation is in turmoil and agonizing under a collapsed national grid, protracted fuel crisis, distressed aviation sector, plummeting currency, crippled production and commercial activities, President Muhammadu Buhari remains aloof and “absent” as always?

The failure by President Buhari, who also doubles as the Minister of Petroleum Resources to take immediate action, other than the snobbish stance by his Presidency that “heavens will not fall” because of fuel scarcity amounts to daring Nigerians to do their worse.

It is often said that when a government abdicates its responsibility to the citizens at whose pleasure it should serve, then that government is complicit in the suffering of its people and a beneficiary of their woes.

Sadly today, thousands of Small and Medium Scale Enterprises; the drivers of the economy are folding up daily, industries are relocating to neighboring countries, universities are on strike, the aviation sector is on the brink of collapse, our Railway is tottering to a halt due to lack of diesel, police are threatening to go on strike, insecurity is on the rise due to the collapse of the informal economic sector, yet Mr. President had time to holiday in England!

If President Buhari could personally communicate on issues that concern his fizzling party, the APC, while in England, it is inconceivable that he failed and neglected, as always, to attend to life discounting experiences and pains encountered by Nigerians daily by the thoughtless and inhumane policies of his government.

President Buhari needs to be reminded of his duty to Nigerians, to in the least, show some empathy, competence and concern as our country rapidly drifts towards a looming precipice. The frustration in the country is already degenerating into a nationwide restiveness that may result to the breakdown of Law and Order if allowed to fester.

With petrol now selling between N400 to N500 per liter, diesel at over N800 per liter, kerosine at over N750 and aviation fuel at N670 per liter, millions of businesses, employments and sources of livelihood have collapsed in both urban and rural areas resulting in acute hardship and widespread social tension across the country.

Our Party fears that the situation is getting to a boiling point and can trigger a nationwide agitation that might be worse than the October 2020 EndSARS if not addressed immediately.

President Buhari must take responsibility for the criminal racketeering in his government by APC leaders which has led to the crippling of the economy under his watch. He should stop abdicating his duties by sending his aides to issue wild claims, fake promises and noncommittal apologies on the abysmal failures of his administration.

Signed:

Hon. Debo Ologunagba
National Publicity Secretary

madridguy:
The satanic umbrella party should go and sit down. They can be deceiving themselves and their foot soldiers but the progressive Nigerians won't fall for their cheap talk again.

Never again will PDP come close to our national cake.

OWNERS OF THE DARKNESS GENERATORS SOLD TO US BY PDP GOVERNMENT AND TIED IT WITH CONTRACT NO ONE CAN REVOKE AFTER 30 YEARS!

Owners of Electricity Assets in Nigeria

1. Transcorp/Woodrock Consortium (Ughelli Power Plant)
Mr. Tony Elumelu, Mr. Obinna Ufudo (CEO, Transcorp Group) Mr. Adeoye Fadeyibi
$300 million :Power Generation

2. Amperion Power Distribution lmt
(Geregu Power Plant)
Mr. Femi Otedola (Chairman, Forte Oil), Mr. Akin Akinfemiwa (CEO, Forte Oil)
$132 million
Power Generation

3. Mainstream Energy Solutions Limited (Kainji Hydro Electric Plant and Jebba Hydro Station)
Col. Sani Bello (Chairman, Mainstream), Alhaji Ismaila Isa
(Vice Chairman, Mainstream), Brig Gen. Tunde Ogbeha (Director, Mainstream)
$170 million
Power Generation

4. North South Power Company Limited
(Shiroro Power Station)
Eng. Olubunmi Peters
$111.7 million
Power Generation

5. KEPCO Energy Resources Limited
(Egbin Power Station)
Mr
Tonye Cole (CEO, Sahara Energy Group), Mr. Tope Shonubi
$407.3 million
Power Generation

6. NEDC/KEPCO Consortium
Asset: Ikeja Electricity Distribution Company
Cost: $131 million
Mr. Kola Adesina (Chairman NEDC/KEPCO), Mr. Tonye Cole (CEO, Sahara Energy Group), Mr. Tope Shonubi
(Executive Director, Sahara Energy Group)
$131 million
DISCO

7. Vigeo Power Limited
Asset: Benin Electricity Distribution Company
Mr. Victor Gbolade Osibodu (Chairman, Vigeo Holdings) Mrs. Funke Osibodu (CEO, Vigeo Power)
$129 million
DISCO

8. KANN Utility Consortium Company
Lted
Asset: Abuja Electricity Distribution Company
Alhaji Shehu Malami (Chairman, KANN Consortium), Mr. Neil Croucher (CEO, KANN Consortium)
$164 million
DISCO

9. Sahelian Power SPV Limited
Asset: Kano Electricity Distribution Company
Alhaji Yusuf Hamisu Abubakar (CEO, Sahelian
Power), Alhaji Umaru Mutallab (Chairman, Sahelian Power)
$102 million
DISCO

10. 4Power Consortium Limited
Asset: Port Harcourt Electricity Distribution Company
Mr. Augustine Nwokocha (Chairman, 4Power Consortium), Governors of Bayelsa, Cross River, Akwa Ibom& Rivers State
$124
million
DISCO

11. Integrated Energy Distributing and Marketing Limited
Asset: Ibadan Electricity Distribution Company, Yola Electricity Distribution Company
Gen. Abdulsalami Abubakar (Chairman, Integrated Energy), Mr. Tunde Ayeni (Vice Chairman, Integrated Energy), Dr. Sola
Ayandele (CEO Integrated Energy)
$126.75 million
DISCO

12. Interstate Electrics Limited
Asset: Enugu Electricity Distribution Company
Sir Emeka Offor (Chairman, Interstate Electrics Limited)
107.4 million
DISCO

13. West Power and Gas Limited
Asset: Eko Electricity Distribution
Mr. Charles Momoh (Chairman, West Power and Gas), Dr. Tunji Olowolafe (Director, West Power and Gas), Mr. Ernest Orji (Director, West Power and Gas)
$135 million
DISCO

14. Aura Energy Limited
Asset: Jos Electricity Distribution Company
Alhaji Garba M. Noma,
$82 million
DISCO

Copied.

madridguy:
The satanic umbrella party should go and sit down. They can be deceiving themselves and their foot soldiers but the progressive Nigerians won't fall for their cheap talk again.

Never again will PDP come close to our national cake.

OWNERS OF THE DARKNESS GENERATORS SOLD TO US BY PDP GOVERNMENT AND TIED IT WITH CONTRACT NO ONE CAN REVOKE AFTER 30 YEARS!

Owners of Electricity Assets in Nigeria

1. Transcorp/Woodrock Consortium (Ughelli Power Plant)
Mr. Tony Elumelu, Mr. Obinna Ufudo (CEO, Transcorp Group) Mr. Adeoye Fadeyibi
$300 million :Power Generation

2. Amperion Power Distribution lmt
(Geregu Power Plant)
Mr. Femi Otedola (Chairman, Forte Oil), Mr. Akin Akinfemiwa (CEO, Forte Oil)
$132 million
Power Generation

3. Mainstream Energy Solutions Limited (Kainji Hydro Electric Plant and Jebba Hydro Station)
Col. Sani Bello (Chairman, Mainstream), Alhaji Ismaila Isa
(Vice Chairman, Mainstream), Brig Gen. Tunde Ogbeha (Director, Mainstream)
$170 million
Power Generation

4. North South Power Company Limited
(Shiroro Power Station)
Eng. Olubunmi Peters
$111.7 million
Power Generation

5. KEPCO Energy Resources Limited
(Egbin Power Station)
Mr
Tonye Cole (CEO, Sahara Energy Group), Mr. Tope Shonubi
$407.3 million
Power Generation

6. NEDC/KEPCO Consortium
Asset: Ikeja Electricity Distribution Company
Cost: $131 million
Mr. Kola Adesina (Chairman NEDC/KEPCO), Mr. Tonye Cole (CEO, Sahara Energy Group), Mr. Tope Shonubi
(Executive Director, Sahara Energy Group)
$131 million
DISCO

7. Vigeo Power Limited
Asset: Benin Electricity Distribution Company
Mr. Victor Gbolade Osibodu (Chairman, Vigeo Holdings) Mrs. Funke Osibodu (CEO, Vigeo Power)
$129 million
DISCO

8. KANN Utility Consortium Company
Lted
Asset: Abuja Electricity Distribution Company
Alhaji Shehu Malami (Chairman, KANN Consortium), Mr. Neil Croucher (CEO, KANN Consortium)
$164 million
DISCO

9. Sahelian Power SPV Limited
Asset: Kano Electricity Distribution Company
Alhaji Yusuf Hamisu Abubakar (CEO, Sahelian
Power), Alhaji Umaru Mutallab (Chairman, Sahelian Power)
$102 million
DISCO

10. 4Power Consortium Limited
Asset: Port Harcourt Electricity Distribution Company
Mr. Augustine Nwokocha (Chairman, 4Power Consortium), Governors of Bayelsa, Cross River, Akwa Ibom& Rivers State
$124
million
DISCO

11. Integrated Energy Distributing and Marketing Limited
Asset: Ibadan Electricity Distribution Company, Yola Electricity Distribution Company
Gen. Abdulsalami Abubakar (Chairman, Integrated Energy), Mr. Tunde Ayeni (Vice Chairman, Integrated Energy), Dr. Sola
Ayandele (CEO Integrated Energy)
$126.75 million
DISCO

12. Interstate Electrics Limited
Asset: Enugu Electricity Distribution Company
Sir Emeka Offor (Chairman, Interstate Electrics Limited)
107.4 million
DISCO

13. West Power and Gas Limited
Asset: Eko Electricity Distribution
Mr. Charles Momoh (Chairman, West Power and Gas), Dr. Tunji Olowolafe (Director, West Power and Gas), Mr. Ernest Orji (Director, West Power and Gas)
$135 million
DISCO

14. Aura Energy Limited
Asset: Jos Electricity Distribution Company
Alhaji Garba M. Noma,
$82 million
DISCO

Copied.

Afolabimills:
u have no shame like your satanic jihadist poverty spreading evil fulani terrorist party it shall never b well with all those who supports this demonic party