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Reps panel pledge recovery of alleged missing $100 billion oil revenue, $20 billion royalty proceeds

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Mr. Ikeagwuonu Ugochinyere, the Chairman of the House of Representatives Committee on Petroleum Resources Downstream, has given assurance that he will take steps to recover the alleged missing $100 billion in oil revenue earnings. He made this pledge during the committee’s inauguration at the National Assembly complex in Abuja.

Ugochinyere also revealed that his committee will investigate the purported failure to remit approximately $20 billion in royalties to the Federation Account by the relevant entities operating in the oil and gas sector.

This Imo-born politician guaranteed that the committee would fulfill its legislative responsibilities related to energy security, enhancing professionalism in the petroleum sector, driving economic transformation, ensuring accountability, and implementing institutional reforms in the oil and gas sector of the economy.

He further expressed the committee’s readiness to scrutinize the abuse of the petroleum subsidy program, originally intended to alleviate the suffering of Nigerians but failed to achieve its intended purpose.

Ugochinyere emphasized that the various stakeholders in the petroleum sector should cooperate with the committee in carrying out its duties and be receptive to positive changes when necessary. He made it clear that the committee’s work is not about victimization or witch-hunting but is driven by a profound commitment to serving the nation.

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He highlighted the House’s commitment to receiving the 2021 report of the Nigerian Extractive Industries Transparency Initiative (NEITI) Oil and Gas Sector Report, in line with Section 4(3) of the NEITI Act, 2007, as evidence of the committee’s determination to address the challenges afflicting the sector.

The committee’s scope of responsibility encompasses overseeing various aspects of the petroleum industry, including refineries, petroleum products marketing, petrochemicals, the Pipelines and Products Marketing Company (PPMC), the downstream petroleum sector, and the Nigerian National Petroleum Corporation (now known as Nigerian National Petroleum Company Ltd.) downstream activities. This includes oversight of the Petroleum Equalization Fund and the Petroleum Products Pricing Regulatory Agency (PPPRA). The committee is also tasked with examining and scrutinizing the annual budget estimates of the NNPC, its subsidiaries, and all oil-related companies, and presenting these for consideration and approval by the House.

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‘Some people have turned into monitoring spirits because of Tinubu’ – Joe Igbokwe

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Joe Igbokwe, a prominent member of the All Progressives Congress (APC) in Lagos State, raised concerns on Saturday about the constant monitoring of President Bola Tinubu. Igbokwe claimed that some individuals have resorted to witchcraft and “monitoring spirits” to keep an eye on Tinubu.

He explained that these individuals are observing Tinubu closely to catch any mistakes or mishaps, wherever he goes. Posting on his Facebook page, Igbokwe predicted that this scrutiny will persist for the next eight years.

He wrote: “Some people have turned to monitoring spirits. They follow PBAT anywhere he goes to see if he will make mistakes, if he will fall down, or if he will be received very well in any country he goes to. This is witchcraft and they will do this for 8 years. Mark this.”

Tinubu had a slip during the Democracy Day celebration at Eagles Square on June 12. Addressing the incident later at a Democracy Day dinner at the Presidential Villa, the President commented: “Early this morning, I had a swagger and it’s on social media. They’re confused about whether I was doing bugger or babariga.

“But it is a day to celebrate democracy. Why doing dobale on the day? I’m a traditional Yoruba boy. I did my dobale.”

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‘We’re still owed salaries in Abia State University’ – ASUU

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The Abia State University chapter of the Academic Staff Union of Universities (ASUU) has claimed that many of its members did not receive their April and May salaries, and those who were paid had deductions from their salaries. ASUU Chairperson Chidi Mbah and Secretary Victor Obisike stated that despite announcements from the Abia government and social media reports indicating that salaries had been settled, only a few staff members with accounts at commercial banks received their April salaries, and even fewer received their May salaries.

The ASUU leaders highlighted that this inconsistency in salary payments and deductions has caused financial difficulties, anxiety, and uncertainty among the affected staff. They noted that staff members who did receive their April or May salaries experienced unexplained deductions ranging from N8,000 to N53,000.

This irregular payment system has made it difficult for the unions within the university to determine the status of their check-off dues, which are usually deducted at the source. Additionally, ASUU emphasized that 11 months of outstanding salary arrears remain unpaid, despite repeated assurances from the government.

ASUU expressed its support for Governor Alex Otti’s efforts to improve Abia State University but urged government officials to avoid politicizing the salary payment issue. They appealed to the state government to promptly address the concerns raised and ensure that all outstanding salaries, including the arrears, are paid in full to alleviate the financial hardships faced by the university staff.

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Sanusi: Ado Bayero was never Emir of Kano – Gov Yusuf’s spokesman

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Sanusi Bature, the Chief Press Secretary to Governor Abba Yusuf of Kano State, has asserted that Aminu Ado Bayero was never the Emir of Kano. According to Bature, former Governor Abdullahi Ganduje appointed Bayero as the Emir of the eight metropolitan local governments of Kano city.

During an appearance on Arise Television, Bature explained that Ganduje’s appointment of Bayero as emir was part of a political maneuver that compromised the integrity of the historic Kano Emirate, which predates Nigeria and its constitution by over a thousand years.

Bature stated: “The governor’s action was intended to protect the emirate’s integrity as an institution. The Emirate of Kano has a history that predates Nigeria, with people living under a single Emir for over a thousand years. Ganduje’s administration politicized this history, which Yusuf promised to rectify during his campaign to restore the emirate’s lost glory.”

He further remarked, “This is not the first time an Emir has been deposed; Ganduje did it, and Sanusi left Kano for peace to prevail. Now Sanusi has returned to Kano after the law was repealed.”

Clarifying Bayero’s status, Bature said, “Aminu Ado Bayero was never the Emir of Kano. He was appointed as the Emir of the eight metropolitan local governments of Kano city. With the revision of the law under a unified Kano, the emirate Bayero served no longer exists. He was the Emir of the Kano city emirate, not the entire 44 local governments of Kano, a status created by Ganduje’s 2019 Emirate law.”

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Governor Yusuf deposed Ado Bayero and reinstated Muhammed Sanusi as the Emir of Kano. Despite this, Ado Bayero has refused to leave his Nassarawa palace and has challenged the state government’s action in court.

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