Atiku Needs Crash Course On Economy, Says Oduduwa Group

The Oduduwa Vanguard (ODV) has tackled the Peoples Democratic Party (PDP) presidential candidate, Atiku Abubakar, for attacking President Muhammadu Buhari over the Federal Government’s $500,000 donation to Guinea Bissau.

Atiku had slammed the Federal Government’s $500,000 donation to Guinea Bissau as wasteful, saying it was one of the ways the Muhammadu Buhari administration brought a once thriving economy to its knees.

However, the Oduduwa Vanguard described Atiku’s comment as “irresponsible on many levels”.

Kunle Adewole, President of the group, said Atiku was not qualified to be entrusted with making decisions for Nigerians because he lacks the patience to fully understand issues before reacting.

Adewole said the PDP presidential candidate needs a crash course on the economy before exhibiting his “ignorance”.

“We wonder how an Atiku who can donate lavishly to buy cars for women will find it wrong that Nigeria wants to play its big brother role to other African nations.

“This is double standard play at its best and we advise the All Progressives Congress (APC) presidential candidate, President Muhammadu Buhari, not to join Atiku at the level to which he has sunk. It will amount to wrestling a hog in the mud.

“A right-thinking person that looks beyond the meanness of satiating only his own avarice would have seen that there are gains to Nigeria when the donations to Guinea Bissau are well-exploited.

“For one, a revived Guinea Bissau or any other African country provides fertile grounds for Nigerians to go exploit since we fortunately have enterprising Nigerians that have made marks for themselves in their places of sojourn. We believe that helping other nations to stay afloat when we can is a strategic way of ensuring that our country’s huge population is able to spread outwards to these other places and earn their keep. An intelligent person will realize that remittances from the funds repatriated by such Nigerians will go a long way in helping the economy back home.

“It is understandable that Atiku is projecting his own values unto others because this kind of donation would have found its way into private pockets between 1999 and 2007 when he was vice president. The absence of such slush fund must have been responsible for his recent gimmick of under declaring his income so that he can keep back some more money from tax avoidance.

“But we ask for once that he should believe in the capacity of other people to be upright where he is crooked. Such realistic perception of others would have made him to realize that the money promised to Guinea Bissau is not the type wasted on sponsoring team members to Dubai or for paying a foreign agent to procure election hacking services from Russia.

“By using ‘Father Christmas’, a concept synonymous with contemporary Christianity, to imply wastefulness, Atiku has shown that he holds the spirit of giving among adherents of this religion in disdain hence the negative casting of the joy that Father Christmas brings to the world.”

Culled from SaharaReporters

Shell, Exonnmobil Could Return To Nigeria’s Downstream After A Few Years Out

Shell and ExonMobil could make a return to Nigeria’s petroleum downstream sector, Bello Rabiu, Chief Operating Officer, Nigerian National Petroleum Corporation (NNPC), told Reuters on the sidelines of an African oil and gas summit in Capetown South Africa Monday, that

According to Rabiu, the two multinationals had exited a few years back but could be lured back in with the prospect of exchanging their crude for petrol on behalf of the Nigerian government.

NNPC signed a similar crude-for-product deal with British Petroleum last Wednesday, in the first of a rash of possible deals Rabiu describes as “stop-gap measures”.

According to the official, the country is seeking the most cost effective means of bringing in petroleum products into the country ahead of an expected boom in local refining.

“Unfortunately, Shell and ExxonMobil exited the downstream sector in Nigeria a couple of years ago but they are coming back for this particular arrangement, because it’s an opportunity for them to get crude and sell their products to the refineries,” Rabiu said, explaining that the state-owned corporation hopes to repeat savings of around $1billion it achieved in 2016 with its crude-for-product swaps, as well as in 2019.

“If our refineries are back, which we want in the next 18 months, this thing will stop. So, all these things are just stop-gap measures, but the key issue is that we wanted to import at the least cost before our refineries come back onstream. It is on track and I believe if we don’t sign a final deal (on the project to upgrade refineries) this month of November we will surely sign in December.”

As oil prices soared thanks to production cuts by the OPEC plus alliance, the landing cost of petroleum products increased as well. The Nigerian government were however not willing to take the risk of aligning pump prices; petrol importers were thus forced to quit.

Rather than go back to the pre-May 2016 status of issuing subsidies to these marketers, NNPC took up the burden of importation and removed funds it now calls ‘under recovery’ from the revenue it remits back to the government. The company uses swap contracts to make its importations. It has entered into direct sale direct purchase agreements with 10 consortiums that include trading houses Vitol, Trafigura , Mercuria and Total.

The present deals were extended to June but several trading sources in the consortiums said they had requested new price terms.

The corporation is in the last lap of conversations with consortiums, including top traders, energy majors and oil services companies to revamp its long-abandoned oil refineries in an effort to reduce its reliance on imported fuel.

Bukola Saraki, Senate President, had asked the state-owned enterprise to present a subsidy budget to the National Assembly earlier in the year, which it had failed to do. That refusal has now catalyzed the initiation of a probe by an ad-hoc committee of the upper chamber

Court Declined El-Zakzaky, Wife Bail, Orders Them To Remain In DSS Custody

A Kaduna State High Court has declined to grant bail to the leader of Islamic Movement of Nigeria (IMN), Sheikh Ibrahim El Zakzaky, and his wife.

In his ruling on the bail application filed by counsel to El-zakzaky and his wife, Justice Gideon Kurada, the presiding judge, said two accused had not provided sufficient medical evidence to warrant getting a bail.

Therefore, he ordered them to remain in the custody of the Department of State Services (DSS) throughout the duration of their trial.

Stay tuned for more details……

Shocking :Dead man wins election in U.S.

A dead man has been elected as a legislature in Nevada’s State Assembly, in the just concluded U.S. mid-term elections. Voters in Nevada just elected dead man Dennis Hof According to the Huffington Post, Mr Dennis Hof died unexpectedly in mid-October, but his name wasn’t scratched off the ballot under Nevada law.

The pro-Trump candidate still found favour with the voters and patrons of Hof’s Nevada brothel, even from the great beyond just to keep his memory alive.

Elections officials said that Republican Dennis Hof won a seat in Nevada’s State Assembly, with 53 percent of the vote in his Clark County, beating Democrat school administrator and political newcomer, Lesia Romanov, who amassed 47 percent of the vote. Hof had attempted to mould his political image on that of President Donald Trump, often referring to himself as “Trump from Pahrump” after his hometown in Nevada, according to reports.

The brothel owner, who ran an anti-establishment campaign, got into the crucial race after winning the primary but was not destined to see his political triumph. This October, Hof was found dead at Love Ranch, one of his legal brothels, after his 72nd birthday party, which featured guests such as legendary porn star Ron Jeremy and potential Republican Senate candidate Joe Arpaio. However, his name remained on the ballot in accordance with Nevada’s legislation, as the deadline for changing the roster had passed.

Despite the paradoxical outcome, there are procedures in place to ensure that when Hof’s posthumous victory is confirmed, local county commissioners may appoint another Republican to fill his seat.

This set the expectations of Hof’s campaign manager, Chuck Muth, high; as he suggested voters would still opt for the deceased Republican ahead of the General Elections. “They will feel much more comfortable casting the ballot for him, knowing there will be another Republican to replace him,” he said shortly after the pimp’s passing. Some mocked the U.S. election system for this rare occurrence.

Breaking News:Gunmen Kidnap Four Catholic Priests In Delta

Four Catholic Reverend Fathers have been kidnapped by unknown gunmen around Umutu/Abraka in Ethiope East Local Government Area of Delta State.

The priests were en route to Ekpoma, Edo State, from Warri, Delta State, in a convoy on Tuesday when they were attacked by unidentified gunmen and whisked away.

The priests were travelling in a convoy of four vehicles, but the assailants could only overrun two of the cars, ordering the four priests out.

Muhammad Mustafa, the Delta State Commissioner of Police, confirmed the abduction but said the kidnappers were not herdsmen as first suspected.

Breaking News :Senate In Rowdy Session Over ‘Politicisation’ Of Buhari’s Social Intervention Programme

There was a rowdy session at the Senate on Wednesday when Abiodun Olujimi, the senator representing Ekiti South at the National Assembly, accused the Muhammadu Buhari administration of politicising its social intervention programme.

Citing Orders 42 & 52, Olujimi, who is also the Senate Minorty Leader, brought “an urgent matter of the politicization of the Social Intervention Fund” before the Senate, saying beneficiaries were being asked to provide their Permanent Voter Card (PVC) number.

“The funds have been used for political reasons,” she said. “I have one such forms where your BVN number, PVC number, gender and account details must be written. I urge that an Ad-hoc Committee be set up to look into this issue.”

Senate Leader Ahmad Lawan stood up to counter Olujimi’s claims, but he was resisted by Peoples Democratic Party (PDP) lawmakers, who, led by Dino Melaye, the Kogi West senator, raised their voices.

The rowdiness lasted several minutes, with Lawan unable to speak until the situation mellowed.

Eventually, the Senate resolved to set up an ad hoc committee to investigate the matter.

It also mandated committee to investigate the implementation of Goodluck Jonathan’s Subsidy Reinvestment and Empowerment Programme (SURE-P) as well

Culled from SaharaReporters

Some Soldiers Fears Dead And ‘Injures’ An Officer As Boko Haram Raid On Borno Town

Many were killed and items looted when suspected Boko Haram members attacked the ancient town of Kukawa in Kukawa Local Government Area of Borno State on Monday, a security source has told SaharaReporters.

The attack, primary targeted at the military, was said to have resulted in the death of some soldiers and an officer.

The insurgents stormed the remote town at about 5:30pm, shooting sporadically and killing an undisclosed number of soldiers and injuring an officer.

The security source said the insurgents looted foodstuffs, emptied hospital store and carted away caches of ammunition.

“They killed some soldiers while others, including an officer, sustained gunshot wounds. It was a brutal attack; they came solely for our troops, not civilian,” said the source.

“One armoured tank was burnt down and a hospital set ablaze. The terrorists told the residents not to panick; they even walked freely on streets and exchange pleasantries with some residents.”

When contacted, the Director of Army Public Relations, Brig Gen. Texas Chukwu, denied knowledge of the attack but promised to contact his men in Maiduguri.

NANS Gives FG 7-day Ultimatum Over ASUU Strike​

The National Association of Nigerian Students (NANS) yesterday gave the federal government a seven day ultimatum to honour agreements reached with members of the Academic staff of Nigerian Universities  in October 2017 or face mass action.

While addressing a press conference in Abeokuta, Ogun State, on Tuesday, NANS spokesman, Azeez Adeyemi, said students would not fold their arms and watch their future mortgaged by the “lackadaisical  approach towards education at all levels in the country by the government.”

He commended the resilience of the Colleges of Education Academic Staff Union that had been on strike in the past two months.

Adeyemi “We will not fold our arms and allow our institutions to be short for months again because of Federal Government insensitivity and lackadaisical approach towards education at all level in Nigeria.”

Breaking News :US Institute Of Peace Denied Predicting Victory For Buhari

The United States Institute of Peace (USIP) has denied widespread reports of predicting a victory for President Muhammadu Buhari in the 2019 presidential election.

A few Nigerian newspapers had reported as much because of a part of the report that read: “Many Nigerians feel their hopes have not been met. Some respondents suggest the electorate is sufficiently disappointed that voter apathy will be greater in 2019 than it was in 2015, with the unifying narrative of change that helped elect the APC in 2015 much less compelling as a factor in mobilising the electorate, and perceptions that another defeat of the presidential incumbent is less likely to happen in 2019.”

However, in a clarification issued very late on Tuesday night, USIP said it made no prediction at all about the outcome of the presidential election, but only presented the thoughts of the Nigerians it interviewed.

“A few Nigerian newspapers reported erroneously this week that the U.S. Institute of Peace has made a prediction about the possible outcome of Nigeria’s 2019 presidential election,” it said in the statement.

“USIP never makes predictions about election outcomes and has not done so in this case. The Institute’s work on elections is confined to helping nations avoid electoral violence.

“The erroneous news accounts misrepresent USIP’s recent 20-page report on the risks to a peaceful 2019 election in Nigeria. This study is based on interviews across the country with more than 200 Nigerian respondents—election administrators, political party representatives, security officials, civil society and youth groups, the media, traditional and religious leaders, prominent community figures, business people, academics and others.

“The USIP report noted that, in the interviews, “some respondents” discussed their own views of Nigerian public perceptions about an election outcome. A Nigerian news account mis-reported this passage as a USIP prediction of the outcome, and other Nigerian news organizations repeated the error. As USIP is a strictly nonpartisan institution, its work on elections focuses entirely on preventing violence.”





Name:Maduakor  Emmanuela  Nkechi



State of origin:Anambra

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Amasiaku Chiamaka M
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Grace Patrick Chinonyerem
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