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With Yar’ Adua on sick bed, Two UK paper coys outsmarted Nigeria

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With Yar’Adua on Sick Bed, Two UK Paper Coys Outsmarted Nigeria

“My hands are clean, says Jonathan”

The several months late President Umaru Yar’Adua spent on the sick bed prior to his demise on May 5, 2010, paved the way for Process & Industrial Developments Limited (P&ID), a tiny natural gas company to hoodwink the federal government into allegedly signing a gas supply and processing agreement (GSPA) which may cost the country a whopping $9 billion following last week’s British Commercial Court ruling, THISDAY findings have shown.

If the judgment is executed and the aforementioned amount is to be paid, the UK firm might walk away with 20 per cent of Nigeria’s external reserves, which stood at $44.425 billion as of last Thursday, and 2.5 per cent of Nigeria’s Gross Domestic Product (GDP).

This is just as former President Goodluck Jonathan has washed his hands of the matter, saying that the controversial contract was signed in January of 2010, while he became acting President on February 9, 2010. Jonathan, who said this through his former aide, Reno Omokri, insisted that the cabal held sway during that period Yar’Adua was ill.

Meanwhile, a hedge fund managed company, VR Capital Group, which had knowledge of the matter, had in March this year, taken as much as 25 per cent stake in P&ID. Since then, the company has been trying to pull levers of power in the U.S. and the U.K. to make Nigeria settle or, failing that, enable the company to start seizing assets, Bloomberg reported.

The saga began almost a decade ago. Despite the country’s ample natural resources, Nigeria’s state-owned electric and petroleum companies have struggled to power the country. To help fix the problem, in 2010, late President Yar’Adua had authorised partnership with private companies to develop the nation’s energy infrastructure.

The Ministry of Petroleum Resources then, headed by late Rilwanu Lukman, had struck the agreement in January 2010 with P&ID, which was founded in 2006 by two Irishmen, Michael Quinn and Cahill.

However, a source at the Nigerian National Petroleum Corporation (NNPC) yesterday told THISDAY that, “the firm awarded $9 billion judgment debt against Nigeria never scratched the ground to commence the project.

By the terms of the agreement, P&ID was to build and operate an accelerated gas development project at Adiabo in Odukpani Local Government Area (LGA) of Cross River State. The agreement required the federal government to supply natural gas from Addax Petroleum-operated Oil Mining Leases (OMLs) 123 and 67 for P&ID to refine into fuel suitable for power generation in the country.

According to the agreement, the initial volume of gas was about 150 million cubic feet of gas per day, which would be ramped up to about 400 million cubic feet per day during the 20-year period.

The Backlash over Executive Pension
But P&ID alleged that after signing the agreement, the federal government reneged on its obligation after it had opened negotiation with the Cross River State government for allocation of land for the project.

Sources within the Cross River State government told THISDAY yesterday it was unaware of any negotiations for land allocation to P& ID by the previous administration in the state. P&ID claimed that the failure of the federal government to construct the pipeline system to supply the gas frustrated the construction of the gas project, and deprived it the potential benefits expected from 20 years’ worth of gas supplies.

 

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Troops of operation lafiya dole neutralized scores of Boko Haram insurgents, recovers several arms and ammunitions

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Troops of Operation Lafiya dole neutralized scores of Boko Haram insurgents, recovers several arms and ammunitions

By Madu Mohammed Maiduguri

The troops of Operation Fire Ball under to the Operation Lafiya Dole of the Nigerian Army have in continuation of it’s ongoing war against insurgency in the Northeast neutralized scores of Boko Haram insurgents and recovered many arms and ammunition’s.

The Army in a statement issued by Brigadier General Bernard Onyeuko, the Acting Director Defence Media Operations on Sunday said *troops of Operation FIRE BALL under Operation LAFIYA DOLE has commenced its robust operations meant to rout out the remnants of Boko Haram/ Islamic State of West Province in the theatre. “

.”Consequently, on 21 October 2020 troops of Special Response Area Gajiram deployed at Check Point 3 under Sector 3 decisively dealt a heavy blow on BHT/ISWAP criminal elements. The eagle-eyed troops who were on alert noticed unusual vehicles tailing the convoy of vehicles conveying Internally Displaced Persons from Maiduguri metropolitan City to Baga town in order to infiltrate own position.”

The statement said ” the troops canalized the criminals and inflicted heavy casualty on them. After the ensuing firefight 3 Boko Haram terrorists were neutralized, One Gun Truck, One Anti Aircraft Gun ,One AK 47 Rifle, 3 Shells for making Improvised Explosive Device were captured. Further exploitation carried out by the resilient troops recovered additional 2 AK 47 Rifles. Troops have dominated the area with aggressive patrols.”

“In a related development, troops of Army Super Camp Magumeri decimated several Boko Haram terrorists who attacked the location. After the fierce encounter 11Boko Haram terrorists were neutralized. Items captured from the terrorists include: One Guntruck, One Dushka gun, 2 Guntrucks and 2 Anti Aircraft Gun destroyed. The gallant troops have continued to carry out mop up operation and dominating the general with aggressive patrols and ambushes, the further added.

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Similarly, General Onyeuko said “On 24 October 2020 the gallant troops of Army Super Camp located at Mallam Fatori routed elements of Boko Haram/ ISWAP criminal elements who attacked their location. After the the fierce battle 2 Boko Haram terrorist were neutralized others escaped with gunshot wounds as traces of blood of dragged casualties by the criminals were seen during exploitation. The troops captured the following: 3 AK 47 Rifles, One Light Machine Gun, 466 Rounds of 7.62x54mm ammunition, 24 Rounds of 7.62x51mm ammunition and One Tecno cell phone. The troops of Operation LAFIYA DOLE are in high spirit and dominating their Area of Responsibilities with robust fighting patrols.”.

” The troops of Operation Fire Ball under operation LAFIYA DOLE are hereby commended for the resilience, doggedness and commitment exhibited during the above encounters. They are equally encouraged not to rest on their oars but build on the successes recorded.” , the state further stressed.

The Army therefore, assured the entire populace of the North East zone that the High Command of the Armed Forces of Nigeria are determined to finally rout out the remnants of the BHT/ISWAP criminals from their enclaves.

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Interior Minister, police affairs counterpart visit Borno to review war against Boko Haram

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Interior Minister police Affairs counterpart visit Borno to review war against Boko Haram

  • we are against the scrap of FSARS – Borno Governor, NCSO, NLC, others

By Madu Mohammed, Maiduguri

The Minister of Internal Affairs, Rauf Aregbesola and his Police Affairs counterpart , Alhaji Mohammed Dangyadi were on Tuesday visited Maiduguri, the Borno state capital to discuss on how best to bring to an end Boko Haram insurgency and other internal securities challenges such as kidnapping, banditry and Armed Robbery.

Addressing newsmen after a closed door meeting with Governor Babagana Zulum of Borno state, the minister of Police Affairs and other top security officers which held at the Government House, Maiduguri, the minister of Internal Affairs, Rauf Aregbesola said “we have met with critical stakeholders and had a robust discussion with Governor Zulum and others stakeholders. We agreed on resolutions. Our discussions is Frank and engaging. There is a renewed commitment to containing the insurgency”.

“As a matter of fact, We decided to coordinate these new engagements. Enough is enough, we are reviewing the entire process of engaging these criminals who are disturbing our people and spreading grief and misery. There is need for collaboration among all security agencies like military, police, paramilitary and other stakeholders who were involved in the fight against insurgency”, the minister added.

Alhaji Aregbesola said ” we agreed that from State government to the Federal government, we must improve funding of security agencies. We must improve their logistic supports and encourage the people to give adequate support to the state forces that are involved in this exercise. I believe that there will be difference in approach to the fight against insurgency containment and that in no distance future, we will liberate more territories and allow our people to have economic activities that will allow normalcy “.

” I must say I am impressed with the level of development and civility we have in the capital city, I was here few years ago, Maiduguri was not as it is today, Maiduguri can compete favourably or even better than many cities in terms of serenity, calmness and prosperity so I commend Governor Zulum and those working with him for wonderful job they have done to bring peace”, Aregbesola added.

On the issue of Governor Zulum call against the disbandment of Federal Special Anti Robbery Squad ( FSARS), the minister for Police Affairs, Alhaji Mohammed Dangyadi said ” the governor has made it very clear to us that they are in support of FSARS. We will listen to people to make good use of what they say. The federal government has also take a decision to review the structure of SARS, as it is now We are going to involve stakeholders on the way forward”

He further said ” with the Police Trust Fund, we are going to have better funding, better training, intelligence, logistics and welfare”.

Earlier during a courtesy call at the Government House, Maiduguri, Governor Zulum urged the Inspector General of Police, Mohammed Adamu ( IGP) to deploy abled SARS men to Borno to fight Boko Haram insurgency

The governor said in Borno state the SARS had made a mark by using their energy and aggression against Boko Haram.

“We are not in support of brutality by any security outfit, but to be sincere, here in Borno State the efforts of SARS operatives in the counter insurgency operations need not to be overemphasized. They are doing a wonderful job in containing the security situation in Borno State. They have greatly supplemented the efforts of the Nigerian Military.”, Governor Zulum stressed.

Also lending their voice, the Network for Civil Society, labour and students unions, as well as artisans in Borno have staged a prittest against the scrap of Federal Special Anti-Robbery Squad (FSARS) by police authority.

The demonstrators who walked through a major highway in Maiduguri, Borno State capital, to the Government House Tuesday morning to deliver a letter of their demands for the re-introduction of another FSARS, were seen with placards bearing “return SARS, We want FSARS, we need SARS, Reform FSARS,” among others.

Workers from organised labour unions, lawyers, market traders, students,women society groups, youth organizations and artisans were among the demonstrators.

State Chairman, Network of Civil Society Organisations (NCSO), Ahmed Shehu said the agitations for the scrap of FSARS in some parts of the country did not represent general position of all Nigerians, adding that on the contrary, FSARS was a blessing to the people of the state.

“FSARS may be bad to people in other regions of the country but to us in Borno, FSARS is good. We haveve seen how the squad has been tackling Boko Haram in complementary role with other security agencies. Their presence alone on our highways which are usually unsafe, give people courage to travel and not fear Boko Haram,”

Shehu said FSARS remains a formidable security outfit that put constant pressure on Boko Haram and even cleared the insurgents from blocking the highways in the state. He maintained Borno did not record the kind of abuses allegedly committed by the squad in other states.

He said the letter of demands brought to the state governor contained demand for the Federal Government to end Boko Haram and re-constitution of FSARS.

Also speaking, the Maiduguri Branch Chairman of the Nigerian Bar Association, Bar Abba Ummate said the anti-FSARS agitators did not consider the peculiar security situation in each of the states in arriving at the calls for scrappibg FSARS. He described the ban on the squad as unfair to Borno people.

While receiving the letter on behalf of the Borno state Governor, Babagana Zulum, the State Deputy Governor, Hon. Umar Kadafur urged people to be law abiding.

“We urge you to be law abiding and keep praying for the peace of the state and our governor to succeeds in all developmental
engagement,” he said.

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Labour suspends strike, as FG halts electricity hike for 2 weeks

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Labour suspends strike, as FG halts electricity hike for 2 weeks

By Daily Hint Abuja


As a result of marathon meeting held and agreement reached between the federal government and the organised representatives of labour unions, the organised labour has suspended the nationwide strike action and protests billed to start today.
The meeting, which started at about 8:30 pm on Sunday and spilled over till Monday morning had Secretary to the Government of the Federation, Boss Mustapha; Minister of Labour and Employment, Chris Ngige, Minister of Information and Culture, Lai Mohammed; Minister of State for Labour and Employment, Festus Keyamo; Minister of State for Power, Godwin Jeddy-Agba and Mele Kyari, Group Managing Director of the NNPC.
READ ALSO: Governors, labour meet to avert mass action
A communiqué, read by the minister of Labour and Employment, Chris Ngige, after the meeting, disclosed that government agreed to suspend electricity tariff hike for two weeks pending when a committee set up would examine the justifications for the new policy in view of the need for the validation of the basis for the new cost-reflective tariff as a result of the conflicting information from the fields which appeared different from the data presented to justify the new policy by NERC.
He, however, noted that total deregulation in the downstream sector remains, adding that palliatives would be offered to Nigerian workers to cushion the effects of burden.

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