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Probe $3.7bn repair cost on ‘dead’ refineries, Timi Frank urges EFCC, ICPC

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The nation’s anti-graft agencies should urgently probe alleged award of $3.7billion contract to rehabilitate dead refineries, former Deputy National Publicity Secretary of the All Progressives Congress (APC), Comrade Timi Frank, has charged.

Frank in a statement in Abuja on Sunday condemned in strong terms the award of the said $3.7billion contract to rehabilitate the nation’s refineries as revealed by the House of Representatives Adhoc Committee investigating the state of refineries in the country.

He described the sum of the contract as an unimaginable heist and brutal looting of the nation’s financial resources under President Muhammadu Buhari’s watch in a country where average Nigerians can no longer afford one meal per day.

He also condemned the refusal of the Minister of State for Petroleum Resources, Timipre Sylva, Group Managing Director of the Nigerian National Petroleum Company (NNPC) Limited, Mele Kyari and other officials from appearing before a statutory committee of the National Assembly to explain why and how such colossal amount were earmarked to service moribund

He called on the EFCC and ICPC to wake up from their slumber by arresting and prosecuting all those involved in the nauseating contract scandal.

He insisted that the sum has either been grossly mismanaged, outrightly stolen or about to be looted.

He wondered why cases of mismanagement, corruption and abuse of office will continue to recur under the watch of General Buhari, a self contest anti-corruption czar and who was in 2018 conferred with the African Union’s Anti-corruption Award.

“Since 2015 till date, Buhari has been the substantive Minister of Petroleum and he cannot claim ignorance of the award of this bizarre contract.

“It is benumbing that despite revelation by Mr Tony Elumelu that 95 per cent of oil production in Nigeria is being stolen, Buhari who is in charge as Minister of Petroleum has not deemed it necessary to go after the thieves or order anti-corruption agencies to go after the evil cartel stealing the nation’s crude oil.

“When will Buhari truly fight corruption in Nigeria? Will it be after he leaves office in May 2023?” he said.

He insisted that money being frivolous stolen by those in positions of authority in the name of maintaining apparently dead refineries and payment of subsidies since 2015 could have helped the country to build over three new modern refineries.

He said: “Today, Dangote is building a 650,000 barrels per day (bpd) oil refinery in Lekki at an estimated cost of $19billion. However, as at September 2013, it was estimated to cost about $9billion.

“Similarly, as at October 2013, Uganda announced that it plans to build a 60,000 barrels per day oil refinery at an estimated to cost $2.5billion.

“This means that between May 2015 and April 2022 that APC has been on the driving seat of governance, money spent to ‘repair’ the nation’s antiquated refineries, most especially the recent rehabilitation contract of $3.7billion and the N4trillion earmarked for fuel subsidy in the 2022 budget, would have been enough to build at least a new 100,000 barrels per day refinery in the country.

“Today, the price of crude oil has shot up due to Russia invasion of Ukraine, but Nigeria cannot benefit from the windfall being enjoyed by other oil producing countries because of its over dependence on refined products being imported with borrowed funds.”

He warned the House of Representatives against any form of compromise in its ongoing probe and urged it to employ all constitutional means to compel all invited officials to appear before it.

“This is one issue we will follow up keenly to ensure that it is not compromised or swept under the carpet. The National Assembly, especially the House of Representatives’ Adhoc Committee chaired by Hon. Ganiyu Johnson, must ensure that they get to the root of this monumental sleaze or else Nigerians will not forgive them should they decide to sell out to thieving officials to frustrate the probe,” he said.

He added: “This was how these same persons colluded and imported toxic fuel into the country that damaged millions of car engines and up till now nobody has been held accountable for that unpatriotic act.”

He wondered why monies always go missing anytime Buhari is in charge of Petroleum ministry.

“This was how a humongous amount went missing under his watch as then head of petroleum ministry. Today, $3.7billlion is being spent in suspicious manner under his watch,” he said.

He called on the President to ensure that those responsible are made to account for their deeds saying the next government would not fail to unravel the truth should he fail to act now.

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Nigeria moves towards Energy Independence as Dangote Refinery Supplies PMS Locally

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In a historic move set to transform Nigeria’s energy landscape, the Dangote Refinery has commenced supplying Premium Motor Spirit (PMS) to the Nigerian National Petroleum Corporation Limited (NNPCL).
Director of Information and Public Relations in the ministry of finance, Mohammed Manga in a statement indicated that the development, driven by President Bola Ahmed Tinubu’s administration, marks a critical step in reducing the country’s reliance on imported refined petroleum products and stabilizing the Naira.
Continuing, the statement said that the commencement of local PMS supply is part of a broader initiative by the federal government to boost energy self-sufficiency and enhance the availability of petroleum products in the domestic market.
The statement quoted the Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, why speaking at the Dangote refinery to have praised President Tinubu’s vision, highlighting the administration’s commitment to ensuring that raw materials are processed locally to add value before export.

“This moment is a testament to President Tinubu’s foresight in driving Nigeria towards energy self-sufficiency,” Mr. Edun stated.
He lauded Alhaji Aliko Dangote and the Dangote Group for realizing the vision, acknowledging the refinery’s potential to reshape the country’s oil sector.

During the visit, Mr. Edun, along with the Executive Chairman of the Federal Inland Revenue Service, Dr. Zacch Adedeji, and members of the technical sub-committee overseeing crude oil sales to local refineries, toured the refinery’s advanced facilities.
They witnessed the loading of the first batch of PMS by NNPCL, signaling a significant shift towards domestic fuel supply.
Explaining further the statement said the development in tanderm with the Federal Executive Council, under President Tinubu’s leadership, who approved a plan to supply 385,000 barrels per day of crude oil to domestic refineries, including the Dangote Refinery, with payments made in Naira.
“The official crude-for-Naira transactions are scheduled to commence on October 1st, marking a new era in the Nigerian oil industry.”

Mr. Edun called on other domestic refiners to participate in the effort, emphasizing its potential to boost legal petroleum exports to neighboring countries and generate foreign exchange revenue.
The statement explained further that the initiative not only targeted to meet the nation’s fuel demands but also support economic growth by reducing the strain on foreign currency reserves.

“The partnership between the federal government and the private sector, exemplified by the Dangote Refinery, signals Nigeria’s determination to secure its energy future.
“As local refining and energy production increase, the country is expected to see improvements in foreign exchange earnings and overall economic stability, reinforcing the government’s commitment to a self-sustained economy.

“This milestone demonstrates what can be achieved through visionary leadership and strong collaboration between the public and private sectors,” Minister Edun remarked.

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ASUU decries dismissal, victimization of over 120 members in public varsities

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By Ahmed Rufa’i, Dutse

The Academic Staff Union of Universities (ASUU) has expressed grave concern over the alleged illegal dismissal, harassment, and victimization of more than 120 of its executive and ordinary members across public universities in Nigeria.

In a press statement that signed by the ASUU Kano Zonal Coordinator. Professor Abdulkadir Muhammad, the union condemned the ongoing maltreatment of its members, which it claimed is orchestrated by university administrations with the support of some Governing Council Chairmen and university Visitors.
The statement cited universities such as Kogi State University (KSU), Lagos State University (LASU), Ebonyi State University (EBSU), Ambrose Alli University (AAU), Federal University of Technology Owerri (FUTO), and Chukwuemeka Odumegwu Ojukwu University (COOU) as places where these actions are particularly egregious.

According to the statement, KSU alone dismissed 120 members, five were sacked at LASU, and three were suspended at EBSU, among other cases.
The union described the actions as blatant violations of the right to freedom of association as guaranteed by the Nigerian Constitution.
He describef the harassment is as a response to ASUU members demand fir better working conditions, improved welfare, payment of backlogged salaries, and proper promotions.

ASUU also lamented the lack of implementation of investigation panel recommendations, such as those from a committee established at LASU by Governor Babajide Sanwo-Olu.
Despite findings in favor of ASUU members, the union claimed that the Governor has refused to release the panel’s White Paper, and affected staff members have yet to be reinstated.

Despite a court ruling against its members in Kogi State University, ASUU has vowed to continue seeking legal remedies. The union is urging the administrations of the affected universities, their Governing Councils, and Visitors to respect university laws, end the victimization, and reinstate those who have been unjustly dismissed.

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Nema announces 259 deaths, 625,000 persons displaced by flood in 2024

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The National Emergency Management Agency (NEMA) has reported that 259 persons have been killed by floods that displaced 625,000 persons so far in 2024

According to NEMA’s Director General, Zubaida Umar, the latest figures show that 259 people have lost their lives, while 625,239 have been forced to flee their homes. Additionally, 1,048,312 people have been affected by the floods, which have impacted 29 states and 172 local government areas.
Umar provided the update during the National Emergency Coordination Forum (ECF) meeting, where stakeholders gathered to reassess strategies and responsibilities in response to the disaster.
According to her, the flooding has been particularly severe in Borno State, where a broken dam has exacerbated the situation.
However, NEMA notes that the overall trend is consistent with predictions made in the Annual Flood Outlook released earlier this year.

“Except for the severity of the incident in Borno State due to the broken spillway of the Alau Dam, the trend does not indicate a total deviation from the predictions as contained in this year’s Annual Flood Outlook released by the Nigeria Hydrological Services Agency (NIHSA), which informed that in July to September 2024, 33 states and 135 LGAs are within flood high-risk areas.”

“For the period between October and November, 19 states and 44 LGAs have been indicated.”

Speaking on the Maiduguri flood, the NEMA DG commended the Governor of Borno State, Babagana Zulum, the government, and the Borno State Emergency Management for rising to the occasion and spearheading the response, rescue, and activation of internally displaced persons (IDP) camps for affected persons.
She added that NEMA and other agencies are currently providing nationwide interventions to the affected states.

She said, “Our ongoing intervention across the affected states include deployment of additional personnel to support search and Rescue operations; distribution of water purification and critical search and Rescue equipment; provision of food and non-food items to support the affected persons and the rehabilitation of displaced populations.

“Through our agency, NEMA, the Federal Government commiserates with those that have been affected by the flood disaster and assures them that necessary succour will sustainably be provided.

“We appreciate the support of our humanitarian partners and look forward to the sustained collaborative efforts of all stakeholders to ameliorate the suffering of affected people and also mitigate the impact of the flooding incidents across the country.”

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