Macphenson: Should a sitting president be defending INEC? I saw the video where Tinubu made a very preposterous statement that " All is fair in Elections. So what the president is implying is that rigging, ballot box snatching etc is far in elections
That is a more generic version of his statement to fight for power, grab it and run with it.
Jagaban of Borgu was never a democrat. He only pretends to grab power and dump those who help him get it, once they are no longer useful to his next goal.
SixSeven: "Everyone claims to be democratic but not everyone is faithful to his or her word. We have governments that are democracies on paper, but not in function. They are democracies in form but not in substance. We have governments that only know democracy primarily through breaching it"
~ words on marble by Jagaban Asiwaju BAT
He built people, he built democracy. Last week he said he will send the SP to the opposition camp. Time will reveal itself 🤡
anonimi: My dad, victim of complex conspiracy – Kola Abiola
What role did Bola Tinubu play in all of these?
At the very beginning, he was part of the Yar’Adua PF group from Jos. He was a senator then, and as far as the group went, we related. The crisis started post-election. When Abacha came, one of the things he wanted to do was to be the administrator for Lagos.
That is Tinubu?
Yes. I am sure you have seen pictures of him and my dad. He was hoping that there would be civilian administrators like we had under IBB but Abacha said no, that he was going to have military administrators. So he (Tinubu) said okay, in that case, can I be a deputy administrator? But Abacha said that there wouldn’t be deputies. Then he wanted the post of a commissioner.
He wanted to be a commissioner?
Yes. Then it was a choice between him and someone very close to Jakande who has passed on now. I can’t remember his name, but because Babagana was already in the government, that guy was picked as commissioner. But really, Senator Tinubu had lost out already.
Was Tinubu very close to MKO?
Yes, he was close enough. He and Adeniyi Adele, a very good guy, were close to my father. In fact, Adeniyi was closer to my father and more dedicated to the process than anyone of them. When my documentary comes out, you will see Tinubu’s take on issues. So once he lost out, automatically, he became a NADECO member and Adeniyi was incarcerated.
yarimo: Oppositions are not ready for any contest in 2027
How can they be ready when the master strategist of forever dictatorship is using APC Twitter sympathiser Amupitan's INEC and Wike's courts to destroy them
iwaeda: Wike Boasts Of Helping APC Use Judiciary To Kill Osun LG Funds Case, Warns Party Leaders Against Ingratitude
Minister of the Federal Capital Territory (FCT), Nyesom Wike, has openly boasted that he assisted certain elements within the ruling All Progressives Congress (APC) in deploying the judiciary to frustrate the Osun State local government allocation lawsuit.
In a video now circulating widely on social media and obtained by SaharaReporters, Wike made the claim while addressing a crowd in Port Harcourt, Rivers State.
The former Rivers governor accused the APC National Secretary, Senator Ajibola Basiru, of benefitting from judicial actions against the Osun State Government without knowing those who did the work behind the scenes.
The suit in question led to the withholding of local government funds in Osun State, a development widely seen as targeting the administration of Governor Ademola Adeleke as opposition in the state.
Wike, who spoke angrily, suggested that the court action supporting the APC’s position against the Osun government did not happen by chance, boasting that powerful political forces worked quietly to ensure the outcome.
“Don’t take our support for Mr President for granted,” Wike warned, in an apparent message to APC leaders defending Rivers State Governor Siminalayi Fubara. “You have to be careful about the statements you make. You have to be very careful.”
He accused Basiru of political ingratitude, claiming the APC was enjoying in Osun State without understanding who engineered their advantage.
“Today, you are enjoying in Osun. You don’t know those who did the work,” Wike said. “You are opening your mouth to talk about Rivers State.”
manmade: President Asiwaju Bola Ahmed Tinubu's numerous ongoing developmental projects scattered across the states of Nigeria are among the reasons many people are aligning with the APC. It is one thing to be a leader, and it is another to be a visionary leader. President Tinubu has demonstrated a vision focused on infrastructure, economic reforms, and long-term national development. His approach is shaping the future and inspiring confidence among many Nigerians who believe in his agenda.
Visionary leader who asks people to sell akara because he failed to create jobs promised to earn on the basis of N70,000 minimum wage?
pendy79: Lagos State Governor, Mr. Babatunde Fashola, on Sunday evening boasted that he could provide uninterrupted power supply to Lagos residents between six and eight months.
Fashola spoke at the commissioning of 8.5 megawatts Lekki Independent Power Project (IPP), the fifth of such power projects in the last five years in the state.
The governor said the addition of the Lekki IPP was a testament to the fact that stable power does not require rocket science to achieve in the country.
While challenging power distribution companies in the state, Fashola said, “Let the Eko DISCOs sign a contract with me, giving part of their concessioning to the state government, in about six to eight months, there will be power in all homes in Lagos State,” Fashola said.
He added, “So, let no one say that he has no money to deliver power for the entire country. This is the limit to which the law allows us to do, but we have done this to make a statement that power can be generated. So, when they come with lies that power is impossible, you can tell them that we have power here; we make it possible”.
The project, courtesy of the state government, in partnership with Heritage Bank, is to serve Lagos State Water Corporations in Lekki Phase 1, Oniru, Victoria Island and Ikoyi, as well as over 25km of public lightening in the Lekki axis.
EmekaBlue: That's part of his plan all along. He don hammer! Who doesn't know that kidnap was scripted is a learner. Infact some yoruba muslim women where cooking for them there 3 square meal
Scripted by Jagaban of Borgu along with his fellow northerners
Was that not how the master strategist made Jonathan a one term president and replaced him with Buhari that he called expired four years earlier?
anonimi: What group of politicians is more wicked than A-looter Propaganda Conmen, APC
MamaFryo: Governor Seyi Makinde can do better. Wasting 7.7 billion to buy upgraded drone for the people of Oyo State. Ah! How is this going to fight insecurity?
This is nothing but a waste of resources. How do you fight or attack bandits with this? It is nothing but an advanced drone.
Seyi Makinde should do better.
United Nations Should come and Investigate the cost of this aircrafts
Wetin I even know sef? I am just an ordinary Nigerian Policewoman.
Seyi Makinde has done far better than the balablu bulaba aspiring dictator in Aso Rock.
He has done better than Tinubu when he was Lagos governor for eight years in basic services and utilities like education and water supply.
From dams to households, Oyo State continues to expand access to safe water — keeping the promise of sustainability and service. Watch this documentary about the progress made so far by the Water Corporation of Oyo State under Omituntun 2.0. pic.twitter.com/bz6TAcFwM1
Minister of Finance and Coordinating Minister for the Economy, Mr. Wale Edun made this known at the end of the inaugural Federal Executive Council meeting in Abuja. Mr. Edun said that the benefit of the subsidy removal will be plough back into various sectors to improve business environment for local and foreign investment. He added that with the increased revenue from subsidy removal, various palliatives have been made available to cushion its effect on a short, medium and long-term basis.
Ofunaofu: Report: Current Govt Added More Debt in Two Years Than Nigeria Accumulated in 55 Years
• Decries Nigeria’s debt service-to-revenue ratio
•Urges FG to declare fiscal emergency
A new policy brief has warned that Nigeria’s worsening debt profile and weak revenue generation have pushed the country into a dangerous fiscal position, with the current administration accumulating more debt in two years than Nigeria recorded during its first 55 years after independence.
The report, released by the Alliance for Economic Research and Ethics LTD/GTE, a Nigerian policy think tank, argued that the country’s debt crisis has evolved into a governance and revenue emergency, as debt servicing obligations now exceed the federal government’s retained earnings. > > According to the think tank, Nigeria’s public debt rose sharply from N87.38 trillion in June 2023 to N159.28 trillion by the end of 2025, with President Bola Tinubu’s administration accounting for about N65.9 trillion of the increase within its first two years in office.
The organisation in the brief titled: “Nigeria Is Borrowing to Breathe—and the Clock Is Ticking”, noted that Nigeria accumulated only about N12.06 trillion in debt from independence in 1960 up to 2015, meaning the current administration added more than five times that amount in just 24 months.
The report stated that while previous governments also contributed significantly to the country’s rising debt burden, the speed of accumulation under the current administration had intensified concerns over fiscal sustainability.
“President Bola Tinubu’s administration has added a further N65.9 trillion in just two years. To put that in perspective: it took Nigeria’s first 55 years of independence to accumulate N12 trillion in debt. The current administration has added more than five times that amount in 24 months,” it argued.
It recalled that Nigeria briefly became almost debt-free externally after the administration of former President Olusegun Obasanjo secured an $18 billion Paris Club debt relief package in 2005 and paid $12 billion to extinguish about $30 billion in external obligations.
EmekaBlue: Because I don't have the opportunity like him. Is it everybody out there protesting that gets in & out of prison easily like him?! I even careless about politics
Why do you think that politics also cares less about you, since it is the process of getting people into public office to make policies, laws and enforce them to tax you thereby impacting every single aspect of your existence in the local government area, state and the country?
anonimi: “The worst illiterate is the political illiterate, he doesn’t hear, doesn’t speak, nor participates in the political events.
He doesn’t know the cost of life, the price of the bean, of the fish, of the flour, of the rent, of the shoes and of the medicine, all depends on political decisions. The political illiterate is so stupid that he is proud and swells his chest saying that he hates politics.
The slowpoke doesn’t know that, from his political ignorance is born the prostitute, the abandoned child, and the worst thieves of all, the bad politician, corrupted and flunky of the national and multinational companies.”
Obakoolex: Following months of legal proceedings, he was released by the Beninese authorities and has since remained in self-imposed exile in Benin Republic, where he continues to campaign for the Yoruba Nation.
It's like the op is just waking up. Igboho wey don free to waka anywhere he wishes, courtesy Jagaban.
Has he always done the bidding of the master strategist who imported terrorists to make Nigeria ungovernable so he could invite Buhari to replace Jonathan, the one term president?
anonimi: What group of politicians is more wicked than A-looter Propaganda Conmen, APC
deji17: Governors are doing what they like or what they think is their priority with increased revenue from the FG. But the populace have been programmed to think that development can only come from the FG
What increased revenue are you talking about, Oga Deji? Have you considered how hyperinflation has eroded the increase, such that governors are getting much less in real value than what they received before balablu bulaba hit the ground running in May 2023 after fighting for power and grabbing it?
If only Tinubu crashed petrol below N185 and made a dollar exchange for N300 in the short term as he promised, then you would have the nominal value of money equal its real value before May 2023.
Moreover, why should we be programmed to focus on 36 governors who share 27% of the jointly owned federation account instead of the president who alone has 53%? What is the logic for that
Macm: Great one. He is a great dancer. The governor himself, with his dance move
Do you know if he has done great work for Anambra State in terms of free education for all children and water supply to all households?
What great changes have occurred in relevant ratios for the two basic governance outcomes
Should that be of concern to you, or you are just happy with his dance moves as what he should be doing with all the people’s money temporarily entrusted to him?
Mariangeles: Why do the heathen rage, and the people imagine a vain thing?
The kings of the earth set themselves, and the rulers take counsel together, against the LORD, and against His anointed...
He that sitteth in the heavens shall laugh: the LORD shall have them in derision.
Then shall He speak unto them in His wrath, and vex them in His sore displeasure.
YesMummy has spoken to YesDaddy about his desperation to be president, which made it easy for Tinubu to get his own turn to worsen APC’s extreme poverty and insecurity shege unleashed on Nigerians 11 years ago. This was when Tinubu went to Kaduna to beg Buhari to come out of retirement and make Jonathan a one term president.
It’s obvious that Kwankwaso is the new Utomi. The only difference is that Kwankwaso has renewed hope for 2031 if Tinubu fails to get a 3rd term, like Obasanjo failed to get his own in 2007!
lexylaw40: The “president-elect” saw in Obi's presidential bid, a good chance to reduce the winning chances of the presidential candidate of the PDP, Atiku Abubakar.
The governorship candidate of the Labour Party (LP) in Oyo State, Tawfiq Akinwale, [/b]on Wednesday [b]stated that the “President-elect” Bola Tinubu asked popular economist, Prof Pat Utomi to step down for Peter Obi in the buildup to the 2023 general elections.
Akinwale made this revelation while he appeared as a guest on a radio programme on 101.7 YES FM, Ibadan, Oyo State, while alleging that Obi received campaign funds from Utomi, whom he described as Tinubu's "son."
The LP aspirant, who spoke in Yoruba language, said "In the buildup to the 2023 elections, Obi who had purchased the nomination form of the Peoples Democratic Party (PDP), suddenly announced his exit from the party.
"Initially, Pat Utomi had secured the LP's presidential ticket, but when Peter Obi said he resigned from the PDP and joined the LP. Bola Tinubu, a master political strategist, quickly told Utomi, that everyone knows to be his son to step down for Obi.
"The “president-elect” saw in Obi's presidential bid, a good chance to reduce the winning chances of the presidential candidate of the PDP, Atiku Abubakar.
"What Peter Obi didn't know is much more that what he knows, he started collecting campaign funds from Utomi, while Tinubu was giving the money to Utomi.
"This went on until Obi's presidential campaign got to a stage it went beyond target. Obi was used without him knowing," Akinwale said after announcing his departure from the party.
Obi defected to the LP after resigning his membership of the Peoples Democratic Party (PDP) and also withdrawing from the presidential race under the party.
The former governor consequently joined the race for the party’s presidential ticket, while Professor Pat Utomi, in June 2022 stepped down for him to emerge as the presidential candidate of the Labour Party, LP, unopposed in Asaba, Delta State.
EmekaBlue: So he is out of prison again! This man is just living his life out of Nigeria politics... Using the financial supports he gets from his foreign donors most especially to survive... When he needs a break he go further so he can get locked uo in his rehabilitation centre called prison to get taken care of well, eat good meal, watch news and refresh is system or you think we don't know the kind of looking like home arrest they do lock vips
Why are you not making yourself locked up in the rehabilitation center called prison?
Don’t you like to be taken care of well, eat good meals, watch news and refresh your own system
Validated: A brand of Ghana Must Go. He should get a Chinese company to produce them as no Nigerian company will dare produce that.
Even when produced outside, NiveCustoms will sieze them at the port as Contraband goods
Why are you minimising and ridiculing the formidable magical powers of our master strategist Jagaban of Borgu? The only man who built Lagos for Iragbiji people to occupy with fake names and fake schools.
He cannot be threatened with this drama by inconsequential Sowore and his marijuana AAC party.
MaziObinnaokija: Very good . Meanwhile, I'm looking for GRASSCUTTER
Why are you not talking to Babachir, the man who was sacked by Osinbajo for stealing money from grass cutting contracts while Buhari was out of the country sick
Uncompleted projects, dilapidated classrooms litter Ogun despite N10.2 billion rehabilitation
PREMIUM TIMES visited schools that the state government claimed to have rehabilitated and found decrepit and inadequate facilities.
Governor Dapo Abiodun said last year that over 400 primary and secondary schools have been renovated in Ogun State under his administration.
However, when PREMIUM TIMES late in 2022 toured the three senatorial districts of the state, our reporter found facilities in many public schools still in deplorable conditions.
The renovation project was executed with a N10.2 billion fund jointly contributed, equally, by the Universal Basic Education Commission (UBEC) and the state government.
UBEC released its share of the fund to the state government in 2019 to address infrastructural decay and inadequate facilities in 236 public schools across the state.
Bluntemperor: You Are Right,with your suggestions 👍▶️. Hope , Makinde can do that before vacating the Governor Seat. •The above Suggestions -Should be Accepted And Implemented by -ALL -the -GOVERNORS in Nigeria, •Instead of Sharing quarterly Federation Oil 🪔 money in their respective States at the expense of the Security of Lives and Properties , ,As Many of these Governors -Can't Accounts For The STATES Money,in their Domain 🤑💰.
How is your above suggestion better than employing enough well paid professional teachers to make education free for all children, which Makinde has made progress on already? Don’t you know that an idle mind is the devil’s workshop?
anonimi: NUT commends Oyo over recruitment of 19,500 teachers
The Nigeria Union of Teachers, Oyo State, has commended Governor Seyi Makinde-led government for recruiting 19,500 teachers in five years.
The union, in a statement signed by the NUT Chairman, Oladimeji Raji and the Secretary, Salami Olukayode, noted that the appointment of 5,000 teachers in his first term and 14,500 since the inception of his second term into the state primary and secondary schools was noteworthy.
The union said the ripple effects of the recruitment were that it would address the problems of inadequate manpower in the education sector and promote teaching and learning.
The statement read, “Your disposition towards turning the tide of the education system of Oyo State remains unprecedented and unmatched not only in the annals of recruitment history of our dear state in recent times but also across the entire 36 states of the Federation including the Federal Capital Territory.
“Your Excellency Sir, your achievements in the education sector since assumption of office particularly, on the successful recruitment of over 14,000 qualified teaching professionals and about 3,500 non- teaching personnel, aside from an appreciative number of caregivers is a clear cut and a perfect reflection of your results-oriented style of leadership aimed at providing free, qualitative and quantitative education to the amiable citizens of Oyo State. This gesture shall, without doubt, have a significant touch in our classroom and as well enhance educational service delivery to our school children.”
Obasanjo/ Atiku administration established UBEC 27 years ago to provide matching federal funds for states to achieve nine years of free and compulsory education for all children. How has your own state fared in this regard
Uncompleted projects, dilapidated classrooms litter Ogun despite N10.2 billion rehabilitation
PREMIUM TIMES visited schools that the state government claimed to have rehabilitated and found decrepit and inadequate facilities.
Governor Dapo Abiodun said last year that over 400 primary and secondary schools have been renovated in Ogun State under his administration.
However, when PREMIUM TIMES late in 2022 toured the three senatorial districts of the state, our reporter found facilities in many public schools still in deplorable conditions.
The renovation project was executed with a N10.2 billion fund jointly contributed, equally, by the Universal Basic Education Commission (UBEC) and the state government.
UBEC released its share of the fund to the state government in 2019 to address infrastructural decay and inadequate facilities in 236 public schools across the state.
Gotocourt: He's working for our Leda, the emperor of FCT and Rivers .
Nothing go happen.
You are very correct o. No wonder the FCT land grabber and his balablu bulaba Aso Rock boss love saying Go to Court. They have the courts in their corrupt pockets.
How can 200 million sovereign Nigerians end this impunity mess
chisomkachy: The Economic and Financial Crimes Commission (EFCC) has withdrawn the alleged money laundering suit it filed at the Federal High Court against Lagos Speaker Mudashiru Ajayi Obasa.
Naija News understands that the anti-graft did not give any particular reason for its application for withdrawal.
Following the application to withdraw, Justice Nicholas Oweibo discharged the ‘lien/Post No Debit’ placed on Obasa’s three accounts in Standard Chartered Bank.
The accounts are (US Dollars) 0001852063; (Current) 0001852056 and (Saving) 5002309624.
The judge also set aside the ex-parte orders he made on September 15, 2020, which led to the freezing of the accounts.
Recall that the court on September 15, 2020, granted an interim order freezing Obasa’s accounts following the EFCC’s application in a suit marked FHC/LCS/1064/2020.
The agency had said it was investigating the Speaker for the alleged offences of conspiracy, diversion of funds, abuse of office and money laundering.
But Justice Oweibo, on August 16, 2023, heard the application to unfreeze the accounts in his chamber.
During the hearing, the EFCC was represented by Mr. Sulaiman I. Sulaiman, while Obasa was represented by Mr. Adeyinka Olumide-Fusika (SAN).
The EFCC lawyer told the court that the application to unfreeze the accounts was pursuant to Section 44(2)(K) of the 1999 Constitution (as amended) and Sections 26, 29 and 34 (1) of the EFCC (Establishment) Act, 2004, and under the court’s inherent jurisdiction.
Section 44 of the Constitution concerns constitutional rights to property.
Justice Oweibo held: “It is hereby ordered that an order is hereby granted to the respondent/applicant setting aside the ex-parte orders of this court made on the 15th day of September 2020 upon the ex-parte motion of the Applicant/ Respondent in relation the funds of the Respondent/Applicant domiciled in the accounts stated in the following schedule:
“ACCOUNT NAME, FINANCIAL ACCOUNT INSTITUTIONS, TYPE OF ACCOUNT, 1. Mudasiru Ajayi Obasa, Standard Chartered, (US Dollars) 0001852063 2. Mudasiru Ajayi Obasa, Standard Chartered (Current) 0001852056 3. Mudashiru Ajayi Obasa, Standard Chartered (Saving) 5002309624.
“Issued at Lagos, under the seal of this Honourable Court and by the hands of the Presiding Judge this 16th day of August 2023.”
Tinubu was not joking when he said to fight, grab and run with power. He was not only talking about the presidency. He was talking about state capture to become a dictator and make Nigeria a lawless banana republic.
Bluntemperor: So, you don't have anything than the Party you are following! For 8- years of Buhari govt you were mute 🤐 but now you are fooling yourself with your Atiku-ADC and you continue to join Obi to it because you are trying to be clever by half.
•Can you tell your Atiku- to Return the $16- BILLIONS -Dollars 💰 NEPA/ DISCOS- Loans Facilities - that could not be accounted for as the Chairman of The Fake PRIVATISATION -Exercises that Nigeria Never benefits from⁉️ •Your Atiku and Other Parties have Absolutely Nothing to Offer NIGERIANS,so Mr Man,Rest. The Game is Over. Nigerian Politicians and especially the Opposition Have No Manifestos or Better Mantras to Run this Country and indeed - Don't have Any Better Ideas on how to Run this Country than those who there Now ! •'Divide and Rule' On the SOUTHERNERS Have Fallen Apart!😁
What is the source of your $16 billion story?
Do you mean the same Buhari that Tinubu called expired in 2011 but packaged as APC change messiah four years later? The old Fulani soldier who Tinubu went to Kaduna to beg out of retirement to make Jonathan a one term president?
Not only was Tinubu mute during his tenure, he reinforced the failure with Yoruba voters in 2019. Do you know why he did that
Frame 1: Tinubu (in March, 2026), “We have saved Nigeria from mismanagement and bankruptcy under Buhari. It was challenging when we took over.
Frame 2: Tinubu (yesterday), “The truth is, I took over from myself. The late Buhari is me.”
RichDad1: I think anything about this Ajaokuta steel should be outlawed in this country. For so many years now, it's been the same old story.
APOPTOSIS: Absolutely Absolutely In Fact, it should be criminal to mention that name again. This is like reviving an 80 year old woman to start birthing babies
Will you guys support that it be sold for SCRAP value to a private company that might revive it, and make it profitable like NNPC's petrochemicals division that was privatised by Obasanjo/Atiku government
anonimi: How Indorama sustains manufacturers, boosts Nigeria’s FX earnings
Indorama Eleme Petrochemicals Limited (IEPL) has emerged as a major value creator in the Nigerian economy. It is responsible for the survival, growth and sustenance of many manufacturing companies in Nigeria today. A large number of plastic and allied firms depend on the Eleme-based company for petrochemical resins (or polymer resins) which serve as their raw materials.
The petrochemical company is just one of the several subsidiaries of Indorama-Nigeria Group, which also comprises Indorama Eleme Fertilizer & Chemicals Limited (IEFCL), Indorama PET Nigeria Limited, and Indorama Port Operations.
Since Indorama Corporation of Indonesia became core investor in the old Eleme Petrochemicals Company Limited (EPCL) in 2006 through privatisation programme of the Federal Government, the group has become a game changer in the Nigerian economy.
The petrochemical company has solved the major challenge facing a number of manufacturers— poor access to raw materials. Rather than scramble for foreign exchange to import inputs, the company ensures that manufacturers have access to their critical raw materials, enabling them to save costs and improve margins.
The major resins used by plastic and allied companies are polyethylene and polypropylene. Indorama produces about 45 grades of these products for various industries. About 600 of such companies in Nigeria depend on IEPL for their survival. They are estimated to have over 90,000 workers.
The Nigerian National Petroleum Corporation has announced that the Port Harcourt and Warri refineries have been successfully re-streamed after a nine-month rehabilitation exercise conducted by its in-house engineers and technicians.
The corporation, in a statement, noted that both plants commenced preliminary production of petroleum products after successful test-runs, adding that while PHRC was ramping up its operation to about 60 per cent of its 210,000 barrels per day capacity, WRPC production was projected to hit 80 per cent of its installed 125,000bpd capacity.
The NNPC said the Port Harcourt refinery was projected to boost the nation’s local refining capacity with a product yield of five million litres of petrol per day, while Warri refinery would contribute 3.5 million litres of petrol.
Providing insight into the rehabilitation exercise, the NNPC noted that it had to adopt the phased rehabilitation strategy after the Original Refinery Builders, who were initially contacted for the project came up with unfavorable terms.
It said, “Though a decision was taken in 2011 to rehabilitate all the refineries using the ORB of each of the refineries, we were impelled to switch strategy after the ORBs declined participation and nominated some partners in their stead who came up with outrageously unfavorable terms.”
The NNPC stated that the nominated partners, as sole-bidders, came up with humongous price offers after two years of thorough and exhaustive scope of work definition and price negotiations.
It added that the proxies were also unwilling to provide post rehabilitation performance guarantees.
The corporation said, “The phased rehabilitation strategy which entailed phased and simultaneous rehabilitation of all the refineries using in-house and locally available resources in line with the spirit and letter of the Nigerian Content Law, also involved the use of Original Equipment Manufacturer representatives to effect major equipment overhaul and rehabilitation.”
The national oil firm said the phased rehabilitation programme, which started in October 2014 after the required funding stream was established, created a 70 per cent reduction in costs which helped largely in mitigating the financing challenges of refinery rehabilitation.
It observed that with the successful re-streaming of the PHRC and WRPC, attention has now moved to the 110,000 barrels per day Kaduna Refining and Petrochemicals Company which was billed to come on stream soon.
saintopus: Dec 06, 2024 The PH Refinery ships its first export of petroleum products to Dubai.
The company is expected to load the cargo in the coming days onboard the Wonder Star MR1 ship, signalling the commencement of operations at the plant and the exportation of petroleum products.
The ship will load 15,000 metric tons of the product, which translates to about 13.6 million litres.
Although the volume coming from the NNPC into the global market is still small, the development has the potential to impact the Very Low Sulphur Fuel Oil (VLSFO) benchmarks in the future while changing the market realities for Atlantic Basin exporters into Nigeria and other regions.
The sulfur content of the export by NNPC stands at 0.26 per cent per wt and a 0.918 g/ml density at 15°C, according to Kpler, a data and analysis company.
The cargo was reportedly sold at an $8.50/t discount to the NWE 0.5 per cent benchmark on a Free on Board (FOB) basis.
Kpler reported that the development would help displace imports from traditional suppliers in Africa and Europe, as Nigeria’s falling clean product (CPP) imports are already decreasing, dragging imports into the wider West Africa region lower as well.
RichDad1: As expected. Adeleke will have the biggest election of his political career this coming August.
Imole governor will have the biggest landslide victory in Nigerian election history.
The better governor is one with the people despite APC propaganda and violence attempts to deceive people to let them back. The same strategy Tinubu used to make Jonathan a one term president won't happen in Osun.
anonimi: What group of politicians is more wicked than A-looter Propaganda Conmen, APC
Macphenson: The country we find ourselves in. A know drug lord, a certificat forget and Identity thief can rule the country and they don't have issues with it, But a legitimate trader cannot rule the country.
I am not sure which one is worse between been a drug lord and been an identity thief
PlasmaTV: Elrufai is nothing but a tyrant. He was complicit in the mass Christian killings in kaduna.
Now, the chicken has come home to roost.
Have the killings stopped?
Did the killings start/ intensify before 2015, as part of Tinubu ACN tactics to make Nigeria ungovernable before the master strategist went to Kaduna and begged Buhari to come out of retirement to make Jonathan a one term president? This was four years after he called Buhari expired o.
anonimi: What group of politicians is more wicked than A-looter Propaganda Conmen, APC
Why is Tinubu such an exploitative person who uses and dumps them at will?
Is that not wickedness of the highest order?
Maxymilliano: The presidential candidate of the All Progressives Congress (APC) Asiwaju Bola Ahmed Tinubu has explained why he delegated some members of the party to respond to questions posed to him. According to the former Lagos Governor, he adopted the delegation method “to show team-ship”.
Tinubu spoke at the Chatham House lecture titled: ‘Nigeria’s 2023 elections: In conversation with Bola Ahmed Tinubu’, monitored by The Nation.
At the lecture, Tinubu after his opening remarks, assigned Kaduna Governor Nasir El-Rufai to speak on how his (Tinubu-led) government would address insecurity and asked the Director of Strategic Communication of the All Progressives Congress (APC) Presidential Campaign Council, Dele Aleke, to respond to the question on oil theft.
Parachoko: Obidients hate this kind of thread, they will b no where to be found The way Asiwaju is going, Nigerians will beg him to Contest in the 2031 General Election, Nigerians will beg him to go for a third term PlasmaTV Validated Mrvitalis Iwaeda Nairalanda1 Memphis357 anonimi esnbrutality specialmati What do you guys think about this good News?
I think you have not heard better news from A-looter Propaganda Conmen, APC led by master strategist of balablu bulaba cluelessness.
That was Penkelemess confirming Buhari's achievement of what Fashola promised. Is that not better news than this work in progress barren land story
pendy79: Lagos State Governor, Mr. Babatunde Fashola, on Sunday evening boasted that he could provide uninterrupted power supply to Lagos residents between six and eight months.
Fashola spoke at the commissioning of 8.5 megawatts Lekki Independent Power Project (IPP), the fifth of such power projects in the last five years in the state.
The governor said the addition of the Lekki IPP was a testament to the fact that stable power does not require rocket science to achieve in the country.
While challenging power distribution companies in the state, Fashola said, “Let the Eko DISCOs sign a contract with me, giving part of their concessioning to the state government, in about six to eight months, there will be power in all homes in Lagos State,” Fashola said.
He added, “So, let no one say that he has no money to deliver power for the entire country. This is the limit to which the law allows us to do, but we have done this to make a statement that power can be generated. So, when they come with lies that power is impossible, you can tell them that we have power here; we make it possible”.
The project, courtesy of the state government, in partnership with Heritage Bank, is to serve Lagos State Water Corporations in Lekki Phase 1, Oniru, Victoria Island and Ikoyi, as well as over 25km of public lightening in the Lekki axis.
Daguccizgreat: Tinibu will be booted out next year and no one can stop it. He's a disaster
How will he be booted out when he has given APC Twitter sympathiser Amupitan's INEC and Wike's courts the assignment of ensuring he is effectively unopposed in next year's election?
iwaeda: Wike Boasts Of Helping APC Use Judiciary To Kill Osun LG Funds Case, Warns Party Leaders Against Ingratitude
Minister of the Federal Capital Territory (FCT), Nyesom Wike, has openly boasted that he assisted certain elements within the ruling All Progressives Congress (APC) in deploying the judiciary to frustrate the Osun State local government allocation lawsuit.
In a video now circulating widely on social media and obtained by SaharaReporters, Wike made the claim while addressing a crowd in Port Harcourt, Rivers State.
The former Rivers governor accused the APC National Secretary, Senator Ajibola Basiru, of benefitting from judicial actions against the Osun State Government without knowing those who did the work behind the scenes.
The suit in question led to the withholding of local government funds in Osun State, a development widely seen as targeting the administration of Governor Ademola Adeleke as opposition in the state.
Wike, who spoke angrily, suggested that the court action supporting the APC’s position against the Osun government did not happen by chance, boasting that powerful political forces worked quietly to ensure the outcome.
“Don’t take our support for Mr President for granted,” Wike warned, in an apparent message to APC leaders defending Rivers State Governor Siminalayi Fubara. “You have to be careful about the statements you make. You have to be very careful.”
He accused Basiru of political ingratitude, claiming the APC was enjoying in Osun State without understanding who engineered their advantage.
“Today, you are enjoying in Osun. You don’t know those who did the work,” Wike said. “You are opening your mouth to talk about Rivers State.”
AMINDA: This one is going through Adeleke Derangement Syndrome. The plans to defeat him using the courts has failed. Go face him fair and square at the polls and be taught some lessons.
ADS- Adeleke Derangement Syndrome.
Press9jatv, what is the treatment for this one oh.
Politics › Re: Tinubu: INEC Is Neutral, Opposition Only Crying Wolf by anonimi: 9:46am On Jul 29
