News Update

The Minister of Works, David Umahi, has decried the destruction of section three of the newly rehabilitated Kano-Maiduguri highway by flooding. In a statement by the minister’s media aide, Orji Uchenna Orji, Umahi said it was unfortunate that completed roads in the country did not last five years.

. One of Nigeria’s most successful businessmen, Tony Elemelu, on Saturday, accused former President Muhammadu Buhari of blocking his bid to acquire an oil field. He said that Heirs Holdings, his company, had been looking to purchase the oilfield since 2017 and raised $2.5bn for this, but Buhari and his late Chief of Staff, Abba Kyari, blocked the deal.

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 Former Vice President Atiku Abubakar has kicked against attempts to impede the progress of the Dangote Refinery. In a post via X on Saturday, Atiku described the refinery as a significant private sector project positioned to meet the country’s energy and foreign exchange needs.

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 The national special prayer and Qur’anic recitation against hardship and hunger in the country was observed in Kano, on Saturday. It was gathered that among other locations, notably where the session took place include Yankaba, Daurawa, Gyadi-gyadi, Hausawa Sabon titi, Panshekara andTudun Murtala.

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. Former President Olusegun Obasanjo has said most of those occupying public offices in Nigeria lack the character to lead the country, rather they should be behind bars or gallows. Obasanjo spoke at his residence in Abeokuta, Ogun State, while receiving six members of the House of Representatives who are co-sponsors of a bill on single term of six years.

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 Some gunmen on Friday shot dead a humanitarian worker, Chris Terfa Akpu, in Makurdi, Benue State capital. It was gathered on Saturday that the late Akpu was killed by unknown gunmen in his office in Catholic Youth Centre Church, Makurdi.

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The one million-man march planned by leaders of the #EndBadGovernance protest flopped on Saturday across the country due to low turnout. In different parts of Nigeria, protesters shunned their usual meeting points, which had been occupied by security agents.

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The chairman of the Ikeja Tricycle Riders Association, Oladimeji Ahmed, 48, is currently in police custody following a violent altercation with a police officer. The spokesperson for the Lagos State Police Command, Benjamin Hundeyin, disclosed this in a post on X on Saturday.

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 Plateau State Government has further relaxed the 24-hour curfew earlier imposed on Jos-Bukuru metropolis following violent protests in the area. Gyang Bere, the Director of Press and Public Affairs to Gov. Caleb Mutfwang, disclosed this in a statement on Saturday in Jos.

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 Premier League champions, Manchester City defeated rival, Manchester United on penalties to win the FA Community Shield final. The game went to penalties after a hard-fought 90 minutes that ended in a draw.

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The National Youth Service Corps, NYSC, has reacted to a report making the rounds on social media that corps members’ bank accounts are being upgraded to accommodate the new N70, 000 minimum wage.

In a statement signed by Eddy Megwa, Director, Information and Public Relations of NYSC, the Scheme described the story as misleading.

The NYSC said no directive has been given by the relevant authority for it to start the payment of #70, 000 minimum wage to Corps Members or to upgrade their accounts.

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The Chairman of Heirs Holdings, United Bank of Africa, Tony Elumelu has said crude oil theft is the reason Nigeria cannot meet the Organisation of the Petroleum Exporting Countries’ crude oil production.

The billionaire businessman disclosed this in an Interview with the Financial Times.

According to him, crude oil theft has been a major clog in the wheel for Nigeria’s progress.

He said citizens must wake up to hold Nigerian leaders more accountable for the Nation’s resources.

“The reason Nigeria is unable to meet its OPEC production quota is not because of low investment but because of theft, pure and simple!

Meanwhile, oil-producing countries are smiling as their foreign reserves are rising. What is Nigeria’s problem? We need to hold our leaders more accountable,” he said. 

The discussion around oil theft comes amid the crude supply crisis facing the 650,000 barrels per day Dangote Refinery.

from Dailypost