P’Harcourt Refinery: Heads must roll if Nigerians were ‘deceived’ – Stakeholders insist 

Stakeholders insist

The controversy surrounding the commencement of the processing of crude oil from the Port Harcourt Refining Company will not be abating anytime soon as stakeholders have told newsmen that heads must roll at the Nigeria National Petroleum Company Limited, (NNPCL), if Nigerians were deceived about the production status of the complex. Recall that last Tuesday, Nigeria’s major oil company, the NNPCL, had told surprised Nigerians that it had fulfilled its pledge of re-streaming the Port Harcourt Refining Company. The NNPCL added that the action would signal the commencement of crude…

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FCT Youth Stakeholders hail appointment of Secretary of newly created secretariat

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A group, FCT Youth Stakeholders, have commended the FCT Minister, Bar. Nyesom Wike, for the judicious appointment of one of its members as the Mandate Secretary of the newly established Youth Secretariat. A statement from the Secretary, FCT Youth Stakeholders Forum, Zakari Gambo Babale, and Amb. Mukhtar Akoshile, said the selection of one of its member for this crucial position within the Youth Secretariat is a testament to the Minister’s commitment to youth inclusion, empowerment, and active participation in governance within the FCT. “It reflects a forward-looking approach that recognizes…

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Northern Elders, Stakeholders lay 7 demands before Tinubu

…Back #EndBadGovernance in Nigeria protest Some elders and stakeholders in Northern Nigeria have announced their full support for the planned nationwide hunger protest, tagged: #EndBadGovernanceInNigeria scheduled to hold from August 1 to 10. The elders and the stakeholders made their position known in an issued statement signed by Prof. Usman Yusuf; ⁠Hajia Naja’atu Muhammad; Dr. Salihu Lukman; and ⁠Dr. Umar Arɗo, also made seven demands to the President Bola Tinubu-led Nigerian government. In the statement obtained by VoL on Wednesday, the Northern elders and stakeholders said that Nigeria had long…

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Bleeding Economy: Stakeholders want stiffer penalties for crude oil thieves

crude oil thieves

Stakeholders and groups have called for tougher measures to contain the massive oil theft in Nigeria, not only to eradicate the scourge but to bring perpetrators to justice. Nigeria has consistently blamed massive oil theft, declining investment, and outright sabotage for its inability to meet 1.5 million barrels a day bpd OPEC quota. This is as Civil Society Organisations (CSOs) in the country have explained why oil bunkering and oil theft persist in Nigeria, attributing it to corruption and the activities of State actors. According to the CSOs, no country…

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Resurgence of coup d’états in Africa worrisome – stakeholders

The Nigerian Military, politicians and members of the academia have described the resurgence of military takeover of power in Africa as worrisome and a negative development. They made the observations on Tuesday at a Roundtable Seminar on “Resurgence of Coup D’états in Africa: Implications for Regional Security, Political Stability and Good Governance”, organised by the National Defence College (NDC), in Abuja. The Chairman, Senate Committee on Navy, Senator Gbenga Daniel, said that whereas democracy might not be the best type of government, it had been adjudged to be the best…

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2023: Nigerians anxiously asking for violence-free election – Stakeholders

As political campaigns intensify and enter a crucial stage ahead of the 2023 general election in Nigeria, there are concerns among stakeholders that the wave of violence could undermine the credibility of the poll. They are, therefore, asking the contenders to play by the rule and ensure violence-free polls. In the last few weeks, since electioneering started, there has been an unprecedented rise in the number of violent attacks on parties’ campaign trains and also on the facilities of the Independent National Electoral Commission (INEC). Observers say it is the…

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Nigeria @ 62: Stakeholders demand constitutional role for traditional rulers

Some traditional rulers in the South-East geopolitical zone have expressed worry that 62 years after the attainment of independence, the country’s Constitution had yet to define the role of the royal fathers.A cross-section of the traditional rulers made the remark in separate interviews.In Anambra, the Traditional Ruler of Abacha in Idemili North Local Government Area, Igwe Godwin Odiegwu, demanded that the Constitution should be amended to assign specific roles to traditional rulers in the process of national development.According to Odiegwu, constitutional recognition will confer greater legitimacy on royal fathers as development…

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Stakeholders decry how Govts frittered $22bn from ECA in 12 yrs

…As Reps Caucus decries crude oil theft, urges probe of officials Various Nigerian stakeholders have lamented that the wasteful culture, poor management, corruption, lack of trust between State and Federal Governments as well as a worsening fiscal outlook may have played key roles in the depletion of the over $22 billion left in the Excess Crude Account (ECA) some 12 years ago. Recall that in less than 12 years, after the death of former President Umaru Musa Yar’Adua, Nigeria has depleted the ECA from a whopping $22 billion to only…

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Experts call for PPP model to address Nigeria’s worsening insecurity

To effectively tackle Nigeria’s worsening insecurity threat and challenges which have adverse effects on economic growth and investments, experts have called for public and private sector collaboration. This was discussed at the seventh edition of the Lagos Chamber of Commerce and Industry (LCCI) ‘Security Meets Business Dialogue‘, which was held recently. At the event, the LCCI president, Michael Olawale-Cole, said that Nigeria ranked 146th position among 163 countries in the global peace index, with confirmations that improvements in peace can lead to considerable economic improvement in GDP growth, inflation, and…

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Owners Of Nigeria’ meeting in progress

…Governors, Ɗangote, Otedola meet in Abuja Some State Governors including Aliko Ɗangote, Femi Otedola and other important dignitaries are attending a crucial economic meeting at the ‘Yar’Adua Centre, in Abuja, the Federal Capital Territory, (FCT). Other dignitaries include the Central Bank of Nigeria, (CBN) governor, Godwin Emefiele; Spokesperson of the Northern Elders Forum, (NEF), Hakeem Baba Ahmed; Former Senate President Senator Bukola Saraki; Former Secretary to the Government of the Federation, Anyim Pius Anyim; Former Inspector-General of Police, MD Abubakar; former Chairman of the Peoples Democratic Party, Ahmed Mu’azu; former…

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