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The Governor of the Bank of Ghana (BoG), Dr. Johnson Asiama, has announced that the central bank is set to begin regulating cryptocurrency and related platforms by the end of September 2025.
Speaking at the African Leaders and Partners Forum, organized by the EBII Group during the IMF/World Bank Spring Meetings in Washington, D.C., Dr. Asiama explained that the move depends on the passage of the Virtual Asset Providers Act.
This legislation will enable the Bank of Ghana to license and regulate platforms and entities operating within the virtual asset space.
“To enhance the regulation of these platforms and assets, the Bank of Ghana is establishing a dedicated unit focused on digital assets,” Dr. Asiama revealed.
“This is a technology we cannot prevent, hence the need to move fast to regulate it.”
The forum, which brought together stakeholders from finance, trade, and agriculture across Ghana, the U.S., Europe, and the Americas, aimed to explore strategies to improve trade and investment between Africa and the United States.
A Nigerian couple has been jailed in the United Kingdom after attempting to illegally bring an orphaned baby girl into the country using falsified documents.
Raphael Ossai and Oluwakemi Olasanoye were arrested at Manchester Airport, per a BBC report, after Border Force officers noticed unusual behavior between the pair and the infant they claimed as their own.
Initial checks revealed inconsistencies, prompting further investigation.
Ossai presented a birth certificate listing Olasanoye as the mother, but officers later uncovered a second birth certificate hidden in the couple’s luggage, naming Ossai’s British wife as the child’s mother.
The incident triggered a complex inquiry into the child’s true identity, which remains unresolved. DNA testing later confirmed that Lucy—an alias given to the girl by authorities—is not biologically related to Ossai, Olasanoye, or Ossai’s British wife.
It was established that Lucy was born in rural Nigeria in September 2022 and placed in an orphanage days after her birth by a young student mother.
Ossai and Olasanoye pleaded guilty to immigration offences and were sentenced to 18 months in prison, followed by deportation.
Throughout court proceedings, it emerged that Ossai and his wife had been seeking to adopt a child and had obtained permission to foster Lucy, but did not have the legal right to adopt her or remove her from Nigeria.
Social workers described signs of serious neglect during Lucy’s early months in the UK, noting that the child was emotionally withdrawn, underfed, and struggled to form secure attachments.
Although Ossai and his wife appealed to the High Court to be assessed as Lucy’s carers, citing concerns over her cultural identity if placed with white foster families, the court rejected their application.
Justice Sir Jonathan Cohen ruled that the couple’s deception and unlawful actions had caused Lucy “very significant emotional harm” and ordered that she be placed for adoption within the UK.
Lucy, who has been moved between multiple foster homes since her arrival, will be provided with information about her heritage as part of her upbringing.
The Nigerian High Commission was said not to have responded to repeated requests for assistance during the High Court proceedings, leaving questions about Lucy’s full background unanswered.
The Home Office declined to comment on the individuals’ deportation status but reiterated its commitment to removing foreign nationals who break the law.
…2027 will determine whether Nigeria ‘ll continue to sink under incompetence
…Why I disagreed with some things going on
…I expected Tinubu to correct Buhari’s govt
…Presidency isolated itself to be advised
…This administration lacks quality, competent hands
…Nigeria can’t survive under present leadership
Hakeem Baba-Ahmed recently resigned his appointment as Political Adviser to the President in the Vice President’s Office. The former Publicity Secretary of the Northern Elders Forum, NEF, who has been a critic and vocal voice against bad governance, in this interview, revealed that he never had a place in the Bola Tinubu administration.
He also speaks on the 2027 election, why Nigerians should not trust the drivers of the planned coalition and what is expected of Nigerians. Excerpts:
As a Political Adviser to Mr. President, in the office of the vice president, what were some your experiences?
I did my job as best as I can when I worked with the Vice President.
I believed the administration could have used people like me better, we were never in the mainstream of policy design, policy implementation, policy monitoring, mitigation of aura, steps and errors, building bridges with the communities and more importantly giving advice consistent with my mandate which is to give advice on political matters, I don’t think the administration had enough interest in what we could do.
But to the degree that I was available and I was there, I did my best and at the the end, I found that I really had no place in the administration. Many things that I could have advised on were going on, it didn’t look like my advice was necessary and I also disagreed with many of the things that were going on and the best way to deal with this kind of thing is to leave. But I left, I expressed gratitude for the opportunity to serve my country through the administration. I got to respect a lot of people in the government, forgive me if I don’t mention names. And ifI am also to be honest with you, I was disappointed that the administration has an opportunity to correct the ills and mistakes of the Buhari administration and it hasn’t, that’s all.
Can we know some of the pieces of advice that you gave to the government as political Adviser that were ignored?
No, maybe perhaps you read my open letter to the President wrongly. I never said I gave advice which were ignored. I said those who were involved in advising government or implementing the policies of the government were not of the calibre and the quality that an administration like President Tinubu’s, which was dealing with a very bad inheritance and which faced a lot of challenges which has created its own challenges, should have.
It wasn’t formed by the realities on the ground and he (Tinubu) and the presidency itself was isolated to be available to be advised, I think that was the point I made.
What are the areas you think that if the government takes positive steps to address will improve the lives of the citizenry?
I think they need to review their entire mandate, they should look at Nigeria as it is now and not just simply push out press releases and press statements.
They are spending a huge amount of energy celebrating, getting people who have brought the country to its knees to now join them. If this government thinks that getting defectors from parties that have failed the country, people, who have failed the country who are now looking for refuge and getting them to join their party, they are making a terrible mistake.
The future doesn’t look healthy with the APC which is overburdened by its own liabilities as well as the liability from other parties. They should look at where they are now. They still have two years, they can work very hard but the most important advice I gave in my open letter is that President Tinubu should work very hard to address the current challenges, to find younger people, more energetic people, people with the vision to fix the country.
People who recognise the fact that the future belongs to them and assure them. And then create a generation of politicians that will take over from him and people like him who just live in a small room called APC. All these huge number of people who have questions to answer on the way they run this country, have no business asking us to trust them again. They should look for younger people, people with more experience, people with more knowledge, people with the vision and passion to fix Nigeria. Those are the people I think President Tinubu should encourage his party to entrust the responsibilities .
As a seasoned politician are you ready to join the coalition so that the country will perhaps get it right?
Let me correct you, I am not a seasoned politician, I have been a public servant, what other people call as a technocrat virtually all my life. I have also been a critic of poor and bad administration. I am not interested in joining any coalition of people who have wrecked the country and who are looking for refuge and other opportunities to continue to do what they were doing before, I am not interested in that kind of politics.
Nigerians bear the brunt of any good or bad government, as the 2027 election draws near, what is your advice to them?
I will tell them to open their eyes and be very careful. 2027 will be a very, very important and decisive election. It will determine whether we will continue to sink under the incompetence and indifference of the last 12 years, eight years of Buhari and now four years of Tinubu, or we want to recreate Nigeria and re-engineer it so that it can address the problems of insecurity and poverty and deterioration of inter community relationship.
Nigeria can survive and can overcome its problems but it certainly cannot do so under the present leadership or the kind of coalitions of all these politicians who are desperately clinging to power, making it to appear as if the future belongs only to them. The future belongs to Nigerians. Nigerians should be very careful, they should not be carried away by all this business of North and South, ethnicity and religion. Everybody is a victim of the same problem created by the same people who are now asking us to trust them, they should not trust them.
At least 14 dead bodies of mourners were recovered, with others sustaining gunshot injuries, when suspected members of the dreaded Boko Haram terrorists invaded Kopl village, Chibok local government area of Borno state.
The incident is coming barely 24 hours after dozens of motorists and passengers were killed along the Gamboru Ngala -Kala Balge road after stumbling on an Improvised Explosive device, IEDs planted by terrorists, with others sustaining serious injuries.
Initially, the Chairman of Chibok local government area, Hon. Modu Mustapha, told Vanguard Yesterday (Monday) that 7 people were confirmed dead, while search and rescue ongoing. But in a telephone call on Tuesday morning said, 14 dead bodies had been found so far, with a fear of more.
“I called you to inform you that the Kopl attack on mourners by Boko Haram terrorists is very devastating, because, as at this morning, 14 dead bodies were recovered.
“The terrorists also set ablaze a Church and over 10 residential houses. The entire community is Displaced without confrontation from security agencies.
The latest Chibok community incident in Kopl took place at about 6:pm on Monday when armed terrorists descended on some mourners who were gathered for a final day prayer of one of their loved one who died last week.
Many of the victims who sustained injuries in the attack were evacuated to Mubi General Hospital in nearby Adamawa state for treatment.
Responding to the renewed escalating attacks, especially in Southern Borno Senatorial District, Senator Mohammed Ali Ndume described the situation as pathetic and beyond human imagination.
He added that, even yesterday, he received a distress call that over 10 members of vigilantes were killed in a community between Hawul local government area of Borno state and Garkida town in Adamawa state.
” My people are into severe casualties with no confrontation almost on daily basis. In the last one month, over hundred were killed in several and coordinated attacks in Sabon Gari, Izge, Kirawa, Pulka, Damboa, Chibok, Askira Uba and too numerous to mention”. Ndume lamented.
…More govs ‘ll move — Oborevwori; Our decision for the good of Deltans — Okowa
…Defection of high-profile politicians, govs widely exaggerated, has no electoral value — El-Rufai
AS the defection from Delta State, one of the traditional strongholds of Peoples Democratic Party, PDP, continues to stir debates in the polity, President Bola Tinubu, yesterday, said a political tsunami which saw Governor Sheriff Oborevwori, his predecessor, Senator Ifeanyi Okowa, and the PDP structure defect to the All Progressives Congress, APC, has never happened in the country.
He spoke on a day former governor of Kaduna State, Nasir El-Rufai, dismissed the relevance of high-profile defection of politicians, describing same as widely exaggerated and doesn’t add any electoral value.
Tinubu’s declaration came at the official defection of Governor Oborevwori and other PDP members in the state to the APC held at the Cenotaph in Asaba, Delta State.
The defections of Oborevwori, Okowa and other major PDP stakeholders ended the almost 26-year reign of the party in the state.
Among those present to receive the decampees were Vice-President Kashim Shettima, who represented the President; National Chairman of the APC, Dr Abdullahi Ganduje; Governors Hope Uzodinma (Imo), Biodun Oyebanji (Ekiti), Bassey Otu (Cross-River), Monday Okphebholo (Edo), Ahmed Ododo (Kogi), Abdulrahman AbdulRazaq (Kwara), Mai Mala Buni (Yobe), Dikko Radda (Kastina) and Mohammed Yahaya (Gombe).
Also present were former Deputy Senate President, Senator Ovie Omo-Agege; Minister of Aviation and Aerospace Development, Olorogun Festus Keyamo; Senators Ned Nwoko, Joel Onowakpo-Thomas and Ede Dafinone, among others.
Addressing the crowd, Tinubu said: “What can be greater than the promise of this day? This is a political tsunami of unimaginable proportions that has never happened in the history of the South-South and this country.
“A political tsunami of this proportion, where all the members of the upper chamber of the National Assembly are in the APC, has never happened.
“So many members of the House of Representatives, the governor, his entire cabinet and 500 councillors across the 25 local government areas of this great state. What testimony do you have greater than this?
“The true measure of a political party lies not merely in the industry, the very name of its members, but in the conviction. It is, in fact, among those who once stood across from them.
“This vindication is even more fundamental when those who once saw us as outsiders and opponents crossed the lines of difference to become part of the enduring family we have built. “
He commended the immediate past governor of the state, Senator Ifeanyi Okowa, for the “wonderful” relationship that existed between him and his successor, describing him as a great leader.
More govs’ll move — Oborevwori
While justifying his movement to the APC, Governor Oborevwori said the movement was not only for them in Delta State.
Oborevwori, who was quick to add that other opposition governors will soon join the APC, said: “It is a statement and I believe that other governors will join. It is a movement and when you have a movement, you cannot fail.
“This is Delta State; Delta cannot carry last. We have been in opposition for almost 10 years; do we need that? Mr. President has supported us, he has shown us love; we cannot face him in 2027 and work against him.
“That love that he has shown to us in Delta State, we must reciprocate. We cannot do that in our old party, we have to be inside to do it and do it well.”
The governor also doused speculations that the APC in Delta State was factionalised.
“I want to assure our national chairman because there are things people say in the newspapers, that there is confusion and faction. As I have come, there will be no more faction again.
“Let me tell you, APC is not like PDP. Let me tell you, the governor takes charge and we are taking charge. Whether the faction of Ovie Omo-Agege or that of Festus Keyamo, I don’t believe in any faction.
‘’Everybody must queue and unite to move the state forward for the benefit of the state and bring development and peace to Delta State and Nigeria.”
Our decision was for good of Deltans — Okowa
In his remarks, immediate past governor of the state, Senator Ifeanyi Okowa, said their decision to dump the PDP for APC is for the common good of the people.
He explained that his defection to the APC was motivated by the desire to connect the state to the seat of power in Abuja.
Okowa said: “When the news broke on Wednesday, April 23, 2025, that we have decided to change our path, people wondered why.
“One thing is very important in the history of a people; there is always a time to change their path for the common good of the people and whatever decision we took was based on that common good and the need to change our path in the interest of the state.
“As I did tell people on that day, it was not about me; it was not about the governor but the fact that there is need for us to connect to Abuja. That goodwill that we see in Abuja to which Delta State is a large contributor, there is a need to connect to it.”
It’s a political legacy —Ganduje
Receiving the governor and other decampees into the APC fold, the National Chairman of the party, Dr Abdullahi Ganduje, while describing the occasion as a historic one, said: “This occasion today is a political legacy laid by the governor of Delta State.
“I thank President Tinubu for providing good leadership in Nigeria that has greatly added value to our dear party, the APC. This added value is attracting other political parties to be attracted to our great party.
“Our core value in the APC is progressive leadership, and coincidentally, from what we are seeing on the ground in respect of your programmes and projects, you are a progressive governor, so we are welcoming you for coming home.”
Earlier in his remarks, Chairman of the Progressive Governors’ Forum, Governor Hope Uzodimma, commended Oborevwori for the infrastructural development of the state, saying that what the APC is known for what the governor is already doing in Delta State.
Ogboru welcomes decampees to APC
On his part, the 2019 governorship candidate of the APC, Chief Great Ogboru, welcomed the decampers, describing it as a historic move not only for APC but also for the state.
Ogboru, in a statement, said the decision of the governor and others to defect to APC signified a turning point in Delta State’s political history.
He said; “I welcome Governor Sheriff Oborevwori, former governor of Delta State, Senator Ifeanyi Okowa, and other political heavyweights of PDP to Delta APC.
“This is a defining moment for Delta State and Nigeria. It signifies a turning point in our state’s political history because Oborevwori’s decision will further reunite our people and fasten development and progressive governance in the Renewed Hope Agenda of President Bola Tinubu.
“With Delta State aligning with the party at the centre, it is certain that a new chapter has been set for greater collaboration, impactful governance and a more inclusive political process.
‘’This synergy between the federal government and Delta State will ensure significant benefits to our people in Delta State in terms of infrastructure and human capital development.
“Together, we will build the Delta State of our dreams and write a new chapter in Delta State’s political history. Together, we shall steer the Renewed Hope Agenda of President Bola Tinubu to greater heights. Together, we will work tirelessly to achieve greatness for Delta State and Nigeria.”
Defection of high profile politicians, govs widely exaggerated, has no electoral value — El-Rufai
Meanwhile, former governor of Kaduna State, Nasir El-Rufai, has described the recent defection of high profile politicians in the country as widely exaggerated and doesn’t add any electoral value.
El-Rufai, who stated in an interview with newsmen in Kano State yesterday, said the defection of a high profile politician or governor doesn’t determine election results.
He said: “As far as I’m concerned, the defection of high profile politicians is not the issue. These high level defections are widely exaggerated. It’s good for headlines. It’s good to sell your media.
“But on the ground politically, if you don’t have the people, you can have as high a profile as possible. You are nothing.
“We want to return politics to the people, not to godfathers, not to high profile politicians. We want to return politics and political decision making to the people that have the vote. That’s the objective of the SDP.
“The fact that one governor from PDP has defected and so on, it’s nothing. We are not looking at governors, we are trying to offer Nigeria and Nigerian voters an alternative.
“A governor has only one vote. Nigerians have many more votes than one governor or 36 governors. It doesn’t matter if you collect 36 governors, if the people of Nigeria say we are not with you, it’s over.
“The president had a sitting governor and he lost Lagos. So what is the value of a governor? I was the governor of Kaduna State, I fought hard to deliver the president in my state, but I lost.
“Governors don’t determine election results, the people do. This is what many Nigerians forget.’’
The two-term former governor, however, said he joined the Social Democratic Party, SDP because of its potential to provide credible alternative to the APC, and People’s Democratic Party, PDP.
He said both parties had been pocketed by some persons and also ravaged by crisis but noted that Nigerians are yearning for something different.
“I believe very strongly that the SDP provides the potential to recreate a major political party. But with the support of some of the opposition groups, we will not get all. But most importantly, the people of Nigeria need a credible alternative.
‘’I use the phrase credible alternative very, very carefully because PDP had run the country for 16 years. Nigerians know what it is, even though it’s a long time. Many may have forgotten. APC has run the country for 10 years. And most people want something different. Most people want a new brand of politics, a new style of governance, and new faces.
“I believe SDP can be the party that gives that alternative to Nigerians, a party that is not controlled by anyone, that is not pocketed by anyone, a party that will provide a level playing field to any person who wants to aspire for leadership, either in the party or in the government. Okay?
‘’What has destroyed political parties in Nigeria is lack of internal democracy and godfatherism. We want to eliminate that in SDP.
“The APC started well but has ended up being pocketed by one or two people. We want to avoid that. So we want a party that no one owns, that no one controls. And the SDP has that pedigree and history.
“If all the major opposition groups go into that party as equal partners and invite Nigerians that want real change to join the party, and we have different rules of engagement, no godfathers, no impositions, competition for every position, I think we will give Nigerians an opportunity to join a party they can claim is their own, not somebody’s own,” El-Rufai stated.
El-Rufai, who was also former Minister of the Federal Capital Territory, FCT, said they were currently at the point of building the party, adding that the target is to woo and register three million electorates in Kano State.
‘My Father’s Welfare Is At Stake’ – King Sunny Ade’s Children Raises Concerns Over Singer’s Whereabouts
AFOLABI
Some children of the legendary juju musician, Sunday Adegeye, aka King Sunny Ade, are currently at loggerheads over his well-being and whereabouts.
A daughter of the singer and guitarist, Damilola Esther, took to social media to accuse her step-brother, Dayo, of holding their father hostage, and also booking him for events without honouring the engagements.
In a series of social media posts, she also called for her brother, who she referred to as his manager, to be apprehended for “stealing” from KSA.
One of the posts read, “Dad told my brother that he wants to go home. Where is he? Where are his phones? He has not been online or picking his calls. Where is he?”
Another one read, “I want Dayo (manager) apprehended. I want him to provide all the money they have been stealing from him. He has a UK visa, thinking he can run.”
However, in an exclusive interview with The PUNCH, Dayo said their father was hale and hearty.
He maintained that he was not the father’s “official manager” but was only helping out his dad in that regard.
He said, “The allegation is false. On Saturday (April 26, 2025), my dad performed at the 60th birthday party of a fan. The event took place at 16 Musa Yar’Adua Street, Victoria Island, Lagos. He still had rehearsals with members of his band last week. He will perform in Akure (Ondo State capital) on May 1.
“She (Damilola) is not in the right frame of mind for her to have made those posts. On Easter Sunday, she called me and said she wanted to speak with dad, because she doesn’t live in Nigeria. I gave the phone to my dad, and they spoke for about 30 minutes. I then told her that if she wanted to see him, she could come to Nigeria.
“The moment she started making nasty comments about dad, she crossed the line. You cannot speak ill of my father and expect me to still reckon with you, no matter who you are. Even my mother wouldn’t do that. Why would you (Damilola) go on social media and call daddy names?”
Dayo also stated that KSA would release a statement to clear the air and put things in perspective.
“Kindly ignore all she has said. KSA will release a statement on social media within 24 hours. And if you are free, you can join him in Akure for his performance on May 1. He will be glad to have an interaction with you, and answer questions on what you have heard on social media about him,” he said.
Clarifying that he was not KSA’s manager but was only “helping out” in the absence of one, Dayo told our correspondent, “I am not an official manager. I just assist my father. I have my businesses. As I explained to her (Damilola), I don’t have any employment letter, and I am not on the payroll.
“I am just helping my dad, like the Scripture commands. This arrangement was not even planned but was necessitated by some developments. He (KSA) asked me to help him handle certain things, pending the time he gets someone in that position. And, he feels extremely comfortable with what I have been doing, and he said I should continue doing it.
“This is like paying him back for all the things he has done for me. One of the things he loves the most is going on stage to perform, and that is what he has been doing for the past 59 years. We cannot just ask him to stop doing that.”
Another son of the iconic musician, David, asserted that Damilola was making things up.
In a separate interview with our correspondent, he said, “As I’m speaking with you, daddy is fine. He is not working under duress. He just finished an event. I can tell you with proof and evidences that he is fine.”
David also noted that he was ready to volunteer more information to prove that their daddy was fine, and there was no cause for alarm.
However, a respected journalist, Olawale Olaleye, claimed that KSA was no longer accessible to people who used to be in contact with him.
In a social media post, he noted that Damilola reached out to him with the claim that something sinister was going on with her dad, and that he was not reachable.
He stated that another associate reached out to him and asked for his help in getting across to KSA to book him for an event.
According to Olaleye, he tried different means of getting across to KSA but all were to no avail.
He added, “Curiously, everyone who could reach KSA at a dial could not anymore. And at that point, I gave up and continued with my life of hustling…”
Ahead of the 2027 general elections, the Independent National Electoral Commission (INEC) is proposing major amendments to Nigeria’s electoral framework, including stripping the President of the power to appoint Resident Electoral Commissioners (RECs).
Instead, INEC is seeking constitutional changes that would grant the Commission the authority to appoint and discipline heads of its state offices, to be known as State Directors of Elections.
The proposals were disclosed by Mohammad Kuna, Special Adviser to the INEC Chairman, during a retreat with the Joint Committee of the National Assembly on Electoral Matters held in Lagos on Monday.
INEC is pushing for amendments to:
- Section 14 (3) Paragraph F of the Third Schedule of the 1999 Constitution to empower the Commission to appoint and discipline Heads of State and FCT Offices;
- Section 6 (3) of the Electoral Act 2022 to align the Electoral Act with this new arrangement.
Currently, the President appoints RECs under Section 154 (1) of the Constitution, subject to Senate confirmation, with removal only possible by presidential action supported by a two-thirds majority of the Senate.
“Critical for Transparency and Accountability” — INEC
Kuna said the changes were necessary to promote transparency, accountability, and efficiency in electoral administration, especially in light of controversies surrounding the conduct of the 2023 general elections.
The heads of INEC offices at state level, now proposed to be called State Directors of Elections, would be fully accountable to the Commission rather than to political interests.
INEC Proposes Electronic Voter Cards
INEC is also seeking to amend Sections 47 (1) and 16 (1, 2 & 4) of the Electoral Act to allow the introduction of electronically downloadable voter cards to replace the traditional Permanent Voter Cards (PVCs).
The move is aimed at modernising voter identification and reducing logistical challenges associated with PVCs.
Push for Early, Special, Diaspora, and Inmate Voting
Another key proposal is the amendment of Sections 77 (2), 117 (1), 132 (5), and 178 (5) of the Constitution to allow:
- Early voting for election officials and essential workers;
- Special voting for Nigerians under incarceration;
- Diaspora and out-of-country voting for eligible Nigerians living abroad.
INEC said these reforms are essential to broaden electoral participation and protect the voting rights of under-represented groups.
INEC also proposed constitutional amendments to create:
- An Electoral Offences Commission to handle electoral violations;
- A Political Party Regulatory Agency to oversee party activities and ensure compliance with electoral laws.
These would be achieved by amending Sections 153 (1), 154 (3), 156 (1a), 157 (2), 158 (1) and 160 (1) and the Third Schedule of the Constitution.
Affirmative Action for Women and Persons with Disabilities
The Commission is proposing special seats for women and Persons with Disabilities (PwDs) by amending Sections 48, 49, 71, and 91 of the Constitution to create designated constituencies for these groups.
“While the Commission should continue to work with political parties for greater participation of under-represented groups, the surest way to achieve that objective is through affirmative action backed by law,” the document stated.
INEC also called for a clean-up of ambiguities and cross-referencing errors in the Electoral Act 2022, including:
- Clarifying the difference between “transfer” and “direct transmission” of results (Sections 60 and 64);
- Correcting incorrect cross-references between Sections 64 (4a & 5) and Section 47 (2);
- Cleaning up inconsistencies in Sections 29 (1), 75 (3 & 4), 77 (3), 131 (5 & 6), and 132 (5–10).
Additionally, INEC proposed amending Section 65 (1) to specify that election results can only be reviewed if declared under duress.
There are strong indications that the All Progressives Congress (APC) is preparing for more defections from the Peoples Democratic Party (PDP) Governors’ Forum, as several political figures within the opposition party are reportedly set to join the ruling party in the coming weeks.
Following the high-profile defection of Delta State Governor, Sheriff Oborevwori, former Delta Governor and PDP’s 2023 vice presidential candidate, Ifeanyi Okowa, along with other PDP members in Delta State, APC sources have revealed that the movement of more PDP governors and lawmakers to the APC is almost a done deal.
A senior APC source told Daily Sun that the ruling party is expecting at least 20 federal lawmakers and additional PDP governors to cross over soon.
The defection of influential figures like Oborevwori and Okowa has raised expectations that more members of the PDP Governors’ Forum will follow suit.
“Everyone heard when the Akwa Ibom State Governor, Umo Eno, said he would be supporting President Tinubu’s re-election. Not long after that, we saw the Delta Governor defect to the APC along with his predecessor. In a matter of weeks, we will be receiving at least one more PDP governor and several opposition lawmakers. It should not be surprising to anyone that this is happening because the PDP is literally dead,” the source stated.
The impending defections are believed to be tied to a confidential agreement between President Bola Tinubu and several PDP governors, many of whom have pledged support for his 2027 re-election bid.
Last week, Daily Sun reported on this pact, which has heightened tensions within the PDP and fueled distrust among its ranks.
The defection of Oborevwori and Okowa, alongside others, has drawn sharp criticisms from within the PDP.
Former Vice President Atiku Abubakar condemned the move, asserting that “freedom of association and expression are not optional in a democracy, they are fundamental rights. Undermine any of these, and democracy itself begins to crumble.”
Reacting to the defections, former Deputy National Chairman of the PDP, Olabode George, expressed shock, stating that it was unfathomable that Oborevwori and Okowa, both elected on the PDP platform, would leave for an “unorganised” party.
PDP Acting National Chairman, Umar Damagum, called the defections unfortunate but remained optimistic. He stated that the defection would not significantly impact the PDP’s chances in the 2027 elections, emphasising that the next general election would be a contest between President Tinubu and the Nigerian people.
Damagum reassured party members, stating that the number of governors a party holds would not necessarily determine the outcome of the 2027 elections.
As tensions within the PDP continue to rise, political analysts suggest that these defections could have significant implications on Nigeria’s political landscape, further consolidating APC’s hold on power as the country prepares for the next election cycle.
Tribunal rejects NBC-FCCPC settlement, upholds N190m fine over ‘misleading packaging’ of Coca Cola
AFOLABI
The competition and consumer protection tribunal has rejected the terms of settlement proposed by the Nigerian Bottling Company Limited (NBC), also known as Coca-Cola Nigeria Limited, and the Federal Competition and Consumer Protection Commission (FCCPC).
On Monday, the tribunal upheld the FCCPC’s imposition of a N190 million fine against NBC for misleading packaging of its Coca-Cola products.
The tribunal, comprising a three-member panel led by the presiding judge, Thomas Okosun, dismissed NBC’s appeal for the adoption of the settlement as judgement, describing it as “an attempt to arrest judgement”.
During the proceedings, O. Ogunride, NBC’s counsel, informed the tribunal of an agreement reached with the FCCPC.
“We are pleased to inform the tribunal that the parties have agreed to terms of settlement, and we urge the court to adopt the settlement as its consent judgment,” she said.
Abimbola Ojenike, representing the FCCPC, confirmed the existence of the settlement, noting that NBC’s legal team communicated the agreement to him on April 23.
He further said that Akoji Achimugu, the FCCPC’s legal director, had participated in finalising the terms.
However, Okosun highlighted that NBC filed the terms of settlement after the judgment had been reserved and both parties had submitted their final written arguments.
“The notion of arrest of judgment is unknown to Nigerian law,” the tribunal ruled.
Okosun noted that entering into a settlement after judgment had been reserved was beyond the FCCPC’s statutory authority.
“This undermines the FCCPC’s role as a regulator,” Okosun said.
He further criticised the FCCPC’s acceptance of a post-judgment settlement, arguing that it conflicted with the commission’s regulatory responsibilities.
“The tribunal cannot indulge in private compromises; we must uphold our constitutional duty to the public,” he said.
Additionally, the tribunal criticised the FCCPC’s sudden reversal of its earlier position, pointing out that the settlement declared “there is no penalty,” contradicting its regulatory findings.
As a result, the tribunal rejected NBC’s application to adopt the proposed settlement terms.
TRIBUNAL UPHOLDS COCA-COLA’S N190 MILLION FINE
In its final judgment, the tribunal upheld the FCCPC’s five-year investigation, findings, and the imposed penalties as consistent with the Nigerian constitution, also ruling that NBC’s conduct was misleading and in violation of Nigerian law.
Regarding the legality of the N190 million fine, Okosun affirmed that the administrative penalty was lawful under the FCCPA and the 1999 constitution (as amended).
Dismissing NBC’s appeal for lack of merit, the tribunal ordered the company to remit the N190 million fine within 60 days of the judgment.
On August 1, the FCCPC had said Coca-Cola and the NBC have been carrying out unfair marketing tactics, thereby “misleading consumers”.
However, Coca-Cola said its packaging provides clear information and meets the national regulatory requirements.
NBC, subsequently, approached the tribunal, requesting that it set aside the commission’s N190 million fine, citing multiple grounds.
During the proceedings, NBC acknowledged that the FCCPC had obtained evidence showing that the mislabelling of the zero-sugar Limca Lime-Lemon variant was caused by a production error at its Abuja factory — one of eight facilities operated by the company.
In its revised appeal, NBC emphasised that the mislabeling was unintentional and not deliberate.
Represented by Oluseye Opasanya, NBC’s legal team filed an appeal with number CCPT/APP/6/2024 on September 5, 2024, arguing that the commission’s conclusions were unfounded and exceeded its statutory authority.
In response, Ojenike defended the commission’s statutory mandate, empowering FCCPC to issue and enforce penalties for corporate or consumer violations.
The counselor urged the tribunal to dismiss NBC’s appeal as lacking merit and to uphold the FCCPC’s directives.
The Nigerian Export Promotion Council (NEPC) says the country’s non-oil exports recorded $1.791 billion as revenue in the first quarter (Q1) of 2025.
Nonye Ayeni, executive director (ED) of NEPC, spoke on Monday in Abuja.
“This year, the Nigerian Export Promotion Council (NEPC) reported the highest value of export since it was established 49 years ago with a year-on-year increase of 20.77% from $4.517 billion in 2023 to $5.456 billion in 2024,” Ayeni said.
“The council working with our supervising ministry, federal ministry of industry, trade and investment, and other stakeholders remains committed towards continuing this trajectory of increasing the volume and value of non-oil exports from Nigeria by providing support to the exporting community in the areas of capacity building, standardisation, enhancing market access and others”.
The NEPC ED also said “these efforts are impacting positively on non-oil export volumes and proceeds”.
“The year 2024 result lends credence to the fact that several export intervention programmes/projects initiated and executed by the Council, especially the ‘Double Your Exports’ campaign, are now yielding results,” Ayeni said.
“Nigeria’s non-oil products exported in the first quarter of 2025 were valued at US$1.791 billion.
“This is a 24.75% increase over and above $ 1.436 billion reported in the first quarter of 2024.
“The volume also increased to 2.416 million metric tonnes, an increase of 243.44% from 1.937 million metric tonnes recorded in the first quarter of 2024.”
‘PRODUCTS EXPORTED INCREASED TO 197 FROM 162’
Ayeni further said that in the first quarter of 2025, 197 distinct products were exported.
“This figure reflects an increase compared to the one hundred and sixty-two (162) products recorded in the first quarter of 2024,” she said.
“These products ranged from manufactured and semi-processed goods to industrial extracts and agricultural commodities.
“Based on information received from Pre-shipment Inspection Agents (PIAs), of the top-20 products exported in the first quarter of 2025, Cocoa and its derivatives, including cocoa butter, cocoa liquor, cocoa cake came first, followed by Urea, Cashew Nut, Sesame Seed, Gold Dore, Cocoa Butter, Aluminium Ingots, Copper Ingot, Soya Beans/meal, Rubber were the top of the list.
“The top commodity in terms of total non-oil export, accounting for 45.02%, was cocoa beans. urea/fertiliser held the second position at 19.32% while cashew nuts came third with 5.81 percent of the total exported products.”
She added that Indorama Eleme Fertiliser and Chemical Limited and Starlink Global & Ideal Limited, led the top 20 export companies, accounting for 12.07 percent and 10 percent, respectively.
“This is attributed to their notable export value of fertiliser and cocoa products,” the ED said.
“Ten (10) member countries of ECOWAS actively engaged in importing Nigerian products throughout the first quarter of 2025,” she said.
“These exports, totalling 362,126.92 metric tons and amounting to $63.060 million, constituted 3.52 percent of the total export value and also a significant increase of 223.10 percent when compared to the recorded figure of $19.517 million for the first quarter of the year 2024.”
Ayeni said Nigeria also exported to other African countries in the first quarter of 2025.
“The value of these exports, totalling 281,480.29 metric tons valued at $ 32.732 million, represented 1.83% of the total export value,” Ayeni said.
“This is evidence that the non-oil export is increasing and all stakeholders are taking advantage of the potential and opportunities inherent in the sector.”
Ayeni said the evidence also lends credence to the fact that AFCFTA holds the key to intra-African trade as it “promises to be the largest free trade area in the world both by area and by the number of countries, connecting the 55 countries in Africa with 1.3 million people”.
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A former governor of Kaduna State, Nasir El-Rufai, has said that his decision to leave the All Progressives Congress is based on the need to build a platform free from godfatherism and internal dysfunction.
El-Rufai, who made the remarks while answering questions from newsmen in Kano on Monday, noted that Nigeria needs a credible political alternative to rescue it from its current existential threats.
“These anomalies (godfatherism and internal dysfunction) destroyed the All Progressives Congress and the People’s Democratic Party,” he said.
El-Rufai said he was in the ancient city of Kano to visit the Emir of Kano, Muhammadu Sanusi II, and to meet with SDP leaders to strategise on building a strong grassroots political movement in the state.
“Kano is critical to any serious political formation because of its consistently high voter turnout. After joining the SDP, it was important to come and engage with relevant stakeholders here,” he said.
On why he left the All Progressives Congress, a party he helped to form, the former Kaduna State Governor said the political realities in Nigeria had changed.
“Twelve years ago, we merged three major parties to form the APC and defeated an incumbent president. But now, the goal is different.
“We are bringing together disaffected members across political divides under an existing platform — the SDP — which we believe has the best pedigree and potential,” he said.
According to him, the SDP offers a fresh opportunity, being a platform not controlled by any individual.
“We saw how godfatherism destroyed the PDP and is now wrecking the APC. Nigerians deserve a party built on fairness, internal democracy, and equal opportunity. The SDP can be that alternative,” he maintained.
Speaking on the contentious debate about rotational presidency, El-Rufai said that while he previously advocated for a power shift to the South, Nigeria’s challenges now demand that competence and leadership capacity, not geography, should determine who leads.
“Our problems are too severe to care about where the next president comes from. We need someone with vision and the ability to fix Nigeria’s fundamental issues,” he said.
El-Rufai, who confirmed that there are ongoing coalition talks involving five major political groups aimed at forming a strong opposition movement under the SDP, dismissed the belief that the SDP is a northern movement.
A federal capital territory (FCT) high court in Apo has dismissed an application filed by Godwin Emefiele, the former governor of the Central Bank of Nigeria (CBN), seeking to reclaim an estate seized by the federal government.
On December 2, the Economic and Financial Crimes Commission (EFCC)secured the final forfeiture of an estate in the FCT.
The estate, located at Plot 109, Cadastral Zone CO9, Lokogoma District, covers 150,500 square metres in the country’s capital and contains 753 duplexes.
Although the estate was initially linked to a company that later denied ownership, Emefiele, through his lawyer, A.M. Kotoye, filed a motion as an interested party in the suit.
The former CBN governor sought an extension of time to apply to set aside the interim and final forfeiture orders made by the court in December 2024.
Emefiele contended that the entire forfeiture process was conducted without his knowledge and alleged that the EFCC published the interim forfeiture notice in an obscure section of a newspaper, making it difficult for him to respond timely.
According to him, he had been standing trial in three separate criminal cases across different courts in Abuja and Lagos during the period, making it impossible for him to discover the publication.
He also accused the EFCC of deliberately concealing the forfeiture proceedings, despite the agency’s frequent interactions with him on other pending charges.
However, in his ruling, Jude Onwuegbuzie, the presiding judge, held that although the principle of functus officio—which means a court becomes powerless after delivering judgment— was raised, the court still had the authority to revisit its decisions under certain conditions.
The judge pointed out that section 17(2) of the Advance Fee Fraud and Other Fraud Related Offences Act, 2006, clearly outlines the notice requirements for forfeiture proceedings.
He rejected Emefiele’s claim that the publication was obscure, noting that the half-page notice in a national newspaper was sufficient and could not reasonably be described as hidden.
Onwuegbuzie emphasised that only individuals with a demonstrable interest in forfeited property are entitled to challenge such proceedings, similar to the rules guiding applications to join ongoing lawsuits.
The judge held that Emefiele had been given an adequate opportunity, spanning over 14 days, to contest the forfeiture but failed to do so.
Consequently, the judge dismissed his motion and ruled in favour of the EFCC.
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Warri refinery shutdown drags on since January 25, P/Harcourt refinery struggles at under 40% production capacity
Industry operators and experts have questioned the operational integrity of the Nigerian National Petroleum Company Limited, particularly regarding transparency, efficiency, and overall management of Nigeria’s refineries under its purview.
This is after the revelation that the Warri Refining and Petrochemical Company has remained shut since January 25, 2025, due to safety issues in its Crude Distillation Unit Main Heater.
An April 2025 document on the Midstream and Downstream sector obtained from the Nigerian Midstream and Downstream Petroleum Regulatory Authority revealed that the refinery, which consumed $897.6m in maintenance costs, failed to produce Premium Motor Spirit (petrol) and was shut down barely a month after former NNPC Group Chief Executive Officer, Mele Kyari, declared it operational.
Industry operators and experts described this as disheartening, while further findings showed that the Port Harcourt Refining Company, which resumed operations in November 2024, has been operating below 40 per cent capacity.
The PUNCH reports that the 125,000 barrels per day capacity Warri refinery, which had been moribund for decades due to technical issues, was brought back to life by the national oil company on December 30, 2024.
Situated in Ekpan, Uwvie, and Ubeji areas of Warri, the petrochemical plant has an annual production capacity of 13,000 metric tonnes of polypropylene and 18,000 metric tonnes of carbon black.
Commissioned in 1978, the WRPC is operated by the NNPC and was established to cater to the markets in Nigeria’s southern and southwestern regions.
The PUNCH reported that President Bola Tinubu commended the NNPCL for completing the refurbishment of the 125,000-bpd capacity Warri refinery, which reportedly kicked off operations at 60 per cent capacity.
It is focused on producing and storing critical products, including Straight Run Kerosene, Automotive Gas Oil (diesel), and heavy and light Naphtha.
Briefing his team before the tour following the revitalisation, Kyari had said many Nigerians doubt such projects were real or possible in the country, but insisted the revitalisation was genuine and visible.
Kyari said, “We are taking you through our plant. This plant is running. Although it is not 100 per cent complete, we are still in the process. Many people think these things are not real. They think real things are not possible in this country. We want you to see that this is real.
“I must congratulate our team for their determination and extreme belief that this company can restart this plant. This has brought the result we are seeing in collaboration with our contractors. We have proved that it is possible to restart a plant that you deliberately shut down. We have proved this.”
However, the document obtained exclusively from the NMDPRA, providing detailed production data for each refinery in the country, revealed that the Warri Refining and Petrochemical Company, with an installed capacity of 125,000 barrels per day, has remained shut since January 25, 2025.
The report linked the shutdown to critical faults in the refinery’s Crude Distillation Unit Main Heater, which raised safety concerns and forced a complete halt in operations.
“The Warri Refining and Petrochemical Company was shut down on 25th Jan. 2025 due to safety concerns over the CDU Main Heater,” the document stated.
It further stated that the Port Harcourt refinery, with a nameplate capacity of 60,000 barrels per day, has been operating at just 37.87 per cent of its installed capacity six months after its long-awaited revitalisation.
The refinery’s monthly production data showed that it produced a monthly average of 82.55 million litres of refined petroleum products between November 2024 and April 2025, 135.45ML less than its estimated optimal production of 218 million litres per month.
The latest development also contradicts claims by the NNPCL spokesperson, Femi Soneye, that the Port Harcourt refinery recommissioned on November 26, 2024, was operating at 70 per cent of its installed capacity, with plans to increase output to 90 per cent in subsequent months.
The refinery’s output consists of Premium Motor Spirit blending components, including Straight-Run Gasoline and Straight-Run Naphtha, as well as Automotive Gas Oil (diesel). The plant, equipped with a Hydrocracker Unit, produced high-value fuels such as jet fuel, Household Kerosene, liquefied petroleum gas, and naphtha.
At its recommissioning, the state-owned firm stated that the Port Harcourt refinery would produce daily outputs of 1.4 million litres of Straight-Run Gasoline blended into Premium Motor Spirit, 900,000 liters of Kerosene, 1.5 million litres of Automotive Gas Oil, 2.1 million litres of Low Pour Fuel Oil, and additional volumes of Liquefied Petroleum Gas.
The $1.5bn rehabilitation project, funded through a loan facility backed by international financial institutions, was projected to restore the state-owned facility to full operational status after years of dormancy and seven postponements.
The PUNCH recalls several deadlines for the commencement of fuel production at the Port Harcourt refinery, with the latest failure occurring in September 2024, from its earlier target of December 2023.
During the unveiling, NNPC officials embarked on a tour around the facility where they took samples of petrol, diesel, and kerosene. It was stated that about 200 trucks of petrol would be released into the Nigerian market daily.
Similarly, President Tinubu, in celebrating the restart, stated that it would contribute to achieving energy sufficiency, enhancing energy security, and boosting Nigeria’s export capacity.
“In alignment with the Renewed Hope Agenda focused on shared economic prosperity for all, the President reaffirms his administration’s commitment to achieving energy sufficiency, enhancing energy security, and boosting export capacity for Nigeria,” a statement by the presidency noted.
Recently, the Petroleum Products Retail Outlets Owners Association of Nigeria commended the NNPCL for successfully running the revamped Port Harcourt Refinery for 180 days non-stop. The association, in a statement signed by the National Public Relations Officer, Dr Joseph Obele, said the refinery had been dormant for over 20 years.
He said its members were loading diesel and Dual Purpose Kerosene from the refinery, while NNPC Ltd. retail marketers were loading PMS.
Obele said, “It was commissioned in October 2024 and has been running continuously for 180 days, up to March 2025; it is a remarkable feat that underscores the effectiveness of the rehabilitation project.”
But the new document highlighting the refinery’s true state said the facility didn’t exceed 42.23 per cent of its operational capacity within the six-month period. It disclosed that the facility produced more diesel than PMS blending components of Straight-Run Gasoline and Straight-Run Naphtha.
The total production figure was derived from the cumulative output of various refined petroleum products, including the blending components for PMS, AGO, and HKK products. According to oil and gas experts, one barrel of crude, when heated and refined, can produce 159 litres of refined products.
A detailed breakdown revealed that in November, the refinery produced 9.51 million litres, significantly below its operational capacity of 38.16 million litres. This represents a meagre 24.92 per cent utilisation, with a shortfall of 28.65 million litres.
In December, the refinery saw a remarkable increase in production, rising by 1,044 per cent to 108 million litres. However, this output still fell short of the expected monthly production of 286.20 million litres, utilising just 38.01 per cent of its capacity and leaving a substantial shortfall of 177.41 million litres.
In January, the refinery produced 120.91 million litres of refined products, representing just 42.2 per cent of its full 286.20 million-litre capacity, according to production data.
This was followed by a slight decline in February, where 111.81 million litres were produced, equating to 39.1 per cent of the refinery’s total capacity. In March, production further decreased to 100.03 million litres, which accounted for 35 per cent of the expected output for the month.
In the first 13 days of April, the refinery produced 44.24 million litres, amounting to 35.7 per cent of the projected capacity of 124.02 million litres for the month.
A detailed product-by-product analysis of the refinery’s output reveals significant fluctuations in production across various categories. In November, the refinery produced 4.38 million litres of PMS, which surged to 40.32 million litres in December, and continued increasing in January with 41.76 million litres.
However, production dropped to 39.34 million litres in February and 34.21 million litres in March, before falling further to 15.22 million litres in the first 13 days of April.
For AGO, commonly known as diesel, the refinery produced 3.49 million litres in November, with a sharp increase to 40.72 million litres in December. The output then peaked at 55.10 million litres in January, followed by slight decreases to 47.33 million litres in February, 45.38 million litres in March, and 18.96 million litres in the first half of April.
HKK production saw more modest but still notable variations, with 1.64 million litres in November, rising sharply to 27.75 million litres in December. This was followed by a dip to 24.05 million litres in February and 25.14 million litres in March, before declining further to 10.06 million litres in April. This data highlights the refinery’s erratic production pattern across key petroleum products, underlining ongoing challenges in meeting expected outputs and operational efficiency.
The daily average data showed that in November, the facility trucked out an average of 238,080 litres of PMS per day, which spiked to 538,600 litres per day in December. However, the output dropped in January, with a daily average of 275,630 litres of PMS and 347,380 litres of diesel. In February, the refinery produced 85,480 litres of PMS and 639,240 litres of diesel on average per day, marking another dip in PMS production.
Remarkably, the refinery recorded zero litres of PMS evacuation in both March and April, underscoring a significant shortfall. In contrast, diesel production increased sharply, with a daily average of 865,110 litres in March and 968,460 litres in the first half of April.
On its part, the Warri refinery, which has remained shut for four months, produced 1.96ml of AGO, 2.84ml of HKK in December and 10ml of AGO and 12ml of HKK in January 2025.
When contacted by our correspondent, the NNPCL spokesperson declined to comment on the issue. Questions sent to his WhatsApp line were not answered. But Soneye, in a statement released in February, had admitted that the facility was undergoing a planned routine maintenance programme aimed at ensuring optimal operations.
According to him, operations at WRPC were halted to carry out repairs for efficient service delivery. He added that routine maintenance was progressing and operations would be back in the next few days.
The statement read, “NNPC Ltd wishes to clarify that there was no explosion at the Warri Refining and Petrochemical Company. Any reports suggesting otherwise are completely false.
“On January 25, 2025, operations at WRPC Area 1 were intentionally curtailed to carry out necessary intervention works on select equipment, including field instruments that were impacting sustainable and steady operations.
“These intervention works are essential to ensure the production of specification finished and intermediate products, particularly Automotive Gas Oil and Kerosene. The routine maintenance is progressing as planned, and 1 will be back in operation within the next few days.”
Operators, experts react
The company’s silence has further fueled skepticism among operators and energy analysts, who argue that years of investment in Nigeria’s state-run refineries have yielded little tangible results.
Weighing in on the development, the National Publicity Secretary of the Independent Petroleum Marketers Association of Nigeria, Chief Chinedu Ukadike, described the situation as “disheartening,” calling for urgent reforms and accountability within the nation’s ailing refinery sector.
He also urged the President to declare a state of emergency on the refineries and carry out a holistic review of staff and workers at the facility.
He said, “When the former GMD announced the resumption of these two refineries, it was a relief to not only marketers but commuters and petroleum users nationwide. That was a very significant announcement and an opportunity to be able to buy petroleum products either from Dangote, Port Harcourt, or Warri refinery.
“But it is very, very disheartening that a refinery that gulped a whole lot of money would be shut down in less than two months of operations. That is a total waste, and people should be held responsible. I also urge the President to review the staff and workers in all these refineries and declare a state of emergency on them.
“It is not only in Rivers State that we can declare a state of emergency. It can be declared in an organization that you have put in so much, and they are bedridden. This development has now left us in the hands of Dangote, who is the sole source of petroleum products and profiteering. We have kicked against this as marketers, so for us, it is a bad business because the real competition is not there.”
He noted, however, that while marketers would remain committed to buying and selling, it would be more beneficial to have multiple sources of products.
“When you talk about the implementation of the Petroleum Industry Act, you must talk about it holistically. Allowing marketers to liberalise the market and be able to buy from wherever they want to source products. Now, we have a mono-source, and anytime Dangote reduces, everyone has to follow, losing billions of naira.
“There is no business anywhere because the beauty of deregulation is competition. You can’t open a refinery, and on the resumption, it would load only four trucks, which is disheartening. The next day, you load six trucks, epileptic loading for a refinery that has gulped so much of our nation’s wealth,” Ukadike stated.
A petroleum expert, Bala Zaka, criticised the ongoing operations of state-owned refineries, stating that despite claims of functionality, Nigerians have yet to see any tangible benefits in the form of reduced prices for diesel, petrol, and other petroleum products
Zaka, speaking in a telephone interview said, “As far as I am concerned, the workability of any aspect of a country’s economy is supposed to be seen practically in the way and manner prices of goods and services come down. And as far as the output of the state-owned refinery is concerned, this objective has not been achieved. If the price of diesel, petrol, and other petroleum products doesn’t reduce, then all the technicalities don’t make any sense.
“If our state-owned refineries were truly functional as claimed by the government, by now, Nigerians should have seen a good and substantial reduction in the price of diesel, petrol, cooking gas, and other products. So far, these products have not reduced in price, there’s no technicality to prove that they were actually working since.”
However, the expert firmly rejected calls for the privatisation of the refineries, emphasizing that member countries of the Organization of the Petroleum Exporting Countries successfully operate state-run refineries.
He insisted that the government must take comprehensive and decisive action to restore and maintain the full functionality of its own refineries, rather than relinquishing control to private interests.
An oil and gas expert and former adviser to a former Minister of State for Petroleum Resources, Mr Dan Kunle, described the rehabilitation of the Port Harcourt and Warri refineries as a scandal.
Kunle stated this while fielding questions on Diaspora Dialogues, an online panel discussion.
Responding to questions from Professor Farooq Kperogi and other panelists on the topic, ’Kyari Out, Ojulari In: Politics and Corruption in NNPC’, Kunle said the removal of Mele Kyari, as well as the appointment of Bayo Ojulari as the Group Chief Executive Officer of the Nigerian National Petroleum Company, was long overdue.
The energy expert argued that Kyari did not complete a single project during his time at the NNPC, saying Kyari’s much-celebrated rehabilitation of the Port Harcourt and Warri refineries was mere propaganda to deceive Nigerians.
He stated that the former NNPC team created wealth for themselves but failed to create value for the country.
“Ojulari’s appointment is the most desired appointment I have longed for as far back as 2021. Anybody can check the trend of my disposition and exposure to the then management of the NNPC. I said these guys cannot deliver any good to this country.
“I insisted because I knew their level of competency, ineptitude, and irresponsibility in that place. I chose my words carefully. So, Bayo Ojulari’s appointment, whether it is Bayo or any other competent person that would have replaced Mele, I am one of the happiest persons with President Bola Tinubu for taking that decision. He even took it too late.
“There was a time on television when I said if I was privileged to meet President Tinubu, I would ask him, Mr President, when are you going to get Kyari out of that place and put a more competent person in Nigeria to run. The person can be from Maiduguri or anywhere.
“There are competent people from all over Nigeria. I just want a core competent person to replace Mele. That’s all. It’s because I knew the team was not going to deliver any good for the country. And I meant it. And it has been proven. They never surpassed 1.7 – 1.8 million (barrels of oil output per day) for the last six years. See what we have gone through.
“And they never completed any project. Even the only project, the Escravo-Lagos gas pipeline, which they completed, could not be commissioned effectively. So, I know what I’m talking about. The (Ojulari) appointment is very appropriate, very timely, and very welcome by the industry. I speak for the industry,” Kunle stated.
Speaking about the NNPC refineries, Kunle disagreed with reports that Kyari succeeded in bringing back the moribund facilities after many unsuccessful years of trying.
“You see, when public officers use our money to launch media campaigns against citizens, telling lies and propaganda, it pains me. I’m among the people who have fair knowledge and understanding of the industry. So, I see public officers of that rank now using our resources to use the media to project what is not to the citizens; it pains me. And they seem to always get a cross-section of the media and the labour to be on their side.
“They even went to the extent of recruiting past Group Managing Directors to endorse him (Kyari). If what you are doing is so good, it will be transparently known by everybody that you are doing very well. Those projects they claimed he commissioned or revived, was he the one who drove them? Was he the one who drove the Dangote refinery? Dangote refinery and its team, Edwin drove the Dangote refinery — Engineering, procurement, and construction, installation, and commissioning. So, all the projects that were driven by NNPC, show me any one that was completed.
“The refinery rehabilitation is a scandal. We told them not to go that way. They went ahead to do that. As we are talking, all those refineries that have been ‘politically’ completed, as they told us, have they been economically and engineering process-wise completed? No. LNG Train One to Six, is it working? No, two trains are working there. Train Seven is there. All the gas pipeline projects OB3 to Cross River/Niger are stranded. AKK is stranded. So, mention one project to me. With all the propaganda, I am amazed at times. The reason why some of us must talk, even at the risk of our life, is because of this trend since 1966 of the elites looking away from the public managers that run down their country,” he submitted.
The energy expert regretted that public officers ran down critical institutions in Nigeria, including the Nigerian Telecommunications Limited as well as electricity, education, health, and others.
“We ran down the educational system of Nigeria. We ran down the health system of Nigeria. We ran down the public works system of Nigeria. We ran down NEPA. We ran down NITEL. We ran down NPA. We ran down the railway. We ran down everything.
“NNPC was the only institution left that was still generating money for this country. We allowed a team of these boys to run it down. And we will be hailing them. Our political leaders will even be approving national merit awards for them.
“The last team that led NNPC, all the professors of geophysics and geology and engineering that taught them in the university, in the last 15 years, what is the status of those professors compared to that team that those boys led? Just go and compare the kind of wealth those boys created for themselves and their cronies. So, I think we need to start interrogating our public managers and stop using propaganda to support them that they complete this, they complete that. They don’t function. Those things never function.
“They never give you back anything. Is Ajakuta producing anything? And you have a whole minister of steel. And they will tell you the steel industry is doing well. How is the steel industry doing well? These are the issues,” he said.
The stakeholder sought to know Kyari’s project that added value to the nation’s economy.m, accusing him of diverting funds from the upstream to the midstream and downstream.
“Which project did he (Kyari) do to add value to the economy of this country? He took the money from the upstream revenue to waste in the midstream and downstream. Please, this is my take, not biased. I have no problem with the personality of people. If you do good, you are my brother. If you do good, you are my sister. I don’t care about your tribe. I don’t care about what you worship. Humanity must fight for the common good of humanity because our stay on this earth is temporary. That’s my own philosophy,” he stated
A former Vice-President of Living Faith Church, also known as Winners Chapel, Bishop David Abioye, will commence Sunday morning services on May 4, seven months after his retirement.
Bishop Abioye announced the Sunday morning service during the evening service in Abuja on Sunday, April 27.
The announcement was well received by the congregation who erupted in praises, shouts and applause, confirming their acceptance of the new development.
“Very important information. From next Sunday, by the grace of God, our service is migrating to morning. Hallelujah. And the time is 8 am. God bless you mightily in Jesus’ name,” the cleric announced.
Abioye, alongside Bishop Thomas Aremu, retired from Living Faith in October 2024, after a review of the church’s administrative policy set the mandatory retirement age for leaders at 55.
At the time, Aremu was 67 and Abioye was 63.
The new policy also stipulated that future leaders of Living Faith will be restricted to one or two terms of seven years, pending approval by the Board of Trustees.
At his retirement service, he announced he would not start a new church, after spending years to help Bishop David Oyedepo to build the Winners Chapel.
Following his retirement, Bishop Abioye commenced a non-denominational ministry which held every Sunday evening.
Speaking at the end of an evening fellowship on April 27, Abioye said his ministry would now hold services on Sunday morning.
Abioye had noted that the ministry was birthed out of a divine mandate and not personal ambition.