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Lokpobiri Confirms Kogi As Oil-Producing State, Vows To Aid Production Efforts Under Gov. Ododo October 25, 2024

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Lokpobiri Confirms Kogi As Oil-Producing State, Vows To Aid Production Efforts Under Gov. OdodoThe Minister of State for Petroleum Resources, Senator Heineken Lokpobiri, has assured Kogi State Governor Usman Ododo of the Federal Government’s full support to enhance oil production in the state. This commitment was made during a meeting on Wednesday.

Senator Lokpobiri emphasized that Kogi is already recognized as an oil-producing state and highlighted the importance of utilizing the Frontier Basin Fund to increase exploration efforts. He reaffirmed the government’s goal of achieving two million barrels per day by the end of the year, with plans to reach 2.5 million barrels per day in the following year.

“Kogi State is indeed an oil-producing state. The question of revenue generation depends on the quantity produced, but Kogi has joined the ranks of oil-producing states. Our focus now is to collaborate with the Kogi government to leverage the Frontier Exploration Fund for necessary seismic work and identify more oil fields in the region, enabling Kogi to significantly benefit from oil revenues,” he stated.

Lokpobiri pointed out that past exploration activities had stagnated, which contributed to stagnant reserves. However, he noted that investments are beginning to flow back into the sector thanks to the Petroleum Industry Act (PIA) and the current administration’s policies.

Governor Ododo had earlier sought federal assistance to boost oil exploration in Kogi, aiming to harness the state’s natural resources for development. Commissioner of Finance and Economic Development, Asiwaju Asiru Idris, expressed concerns that the state had only received ₦7.8 million from the 13% Derivation Fund, highlighting disparities in revenue compared to oil-rich states in the South-South.

Idris acknowledged that while Kogi is classified as an oil-producing state, actual production has been hindered by insecurity. He emphasized that peace in the region is vital for attracting investment and that the state needs federal support to fully exploit its resources.

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EFCC BOSS Ola Olukoyede: Nigeria’s Electricity Grid Failures Due to Substandard Materials in Power Projects

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EFCC BOSS Ola Olukoyede: Nigeria’s Electricity Grid Failures Due to Substandard Materials in Power Projects
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Ekwutosblog gathered that the Chairman of the Economic and Financial Crimes Commission (EFCC), Ola Olukoyede, has blamed the unstable power supply in Nigeria on corruption.
Olukoyede disclosed that contractors awarded projects supply electrical equipment often opted for substandard materials.

He stated that this was the major cause of frequent equipment failures, outages, and grid collapses.

The EFCC chair made the revelation during a visit by the House Committee on Anti-Corruption and Financial Crimes in Abuja on Tuesday.

Olukoyede lamented that Nigerians would be in tears if the Commission discloses what it has uncovered during its investigations.

Olukoyede said, “As I am talking to you now, we are grappling with electricity. If you see some of the investigations we are carrying out within the power sector, you will shed tears. People who were awarded contracts to supply electrical equipment, instead of using what they call 9.0 gauge, would go and buy 5.0.

“So every time, you see it tripping off, getting burnt, and all of that. It falters, and it collapses. This is part of our problems.”

Olukoyede also stated that during its investigations, the commission discovered that in the last 20 years, capital project implementation and execution in the country had not exceeded 20 per cent.

He noted that the country could not achieve infrastructural or other forms of growth under such conditions.

Olukoyede said, “We discovered that in the last 15 to 20 years, we have not achieved up to 20% of our capital project implementation and execution. And if we don’t do that, how can we expect infrastructural development? How can we grow as a nation? So our mandate this year is to work with that directorate and with the National Assembly to see if we can reach 50% of capital project execution for the year.

If we achieve 50%, we will be fine as a nation. The lack of implementation of the capital budget is one of Nigeria’s major problems. And if we tackle that effectively, we will make progress as a nation. We are doing everything possible to prevent that, with your support.”

The anti-graft boss stated that the commission had received over 17,000 petitions, adding that over 20,000 cases are currently under investigation.

“We have several cases filed in court, apart from those with convictions, reaching thousands. In the last year, we have received over 17,000 petitions in the EFCC. And currently, as I am speaking, we are investigating over 20,000 cases.

Between last October and now, we have opened over 4,800 new cases. And what is our staff count? We are less than 5,000. Now, with the additional responsibility of over 700 MDAs, 36 states, 774 local governments, and all of that,” he added.

 

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Aloy Ejimakor Calls for Apology to Nnamdi Kanu After Northern Elders Concede Nigeria “Expired” in 2014

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Aloy Ejimakor Calls for Apology to Nnamdi Kanu After Northern Elders Concede Nigeria “Expired” in 2014
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Ekwutosblog gathered that Aloy Ejimakor, the special counsel to Nnamdi Kanu, leader of the Indigenous People of Biafra, IPOB, on Tuesday, said the North has agreed with the agitator that Nigeria has expired.

Ejimakor was reacting to a remark credited to the spokesman of the Northern Elders Forum, NEF, Ango Abdullahi, that the unity of Nigeria should be renegotiated because the country expired 10 years ago.

In a statement he signed, Ejimakor said the North should apologise to Kanu following Abdullahi’s remark.

According to Ejimakor: “Earlier today (12th November 2024), I noticed that several news outlets quoted the Northern Elders Forum (NEF) and Prof. Ango Abdullahi as having proclaimed that Nigeria “expired” 10 years ago or in 2014. They even added that Nigeria as a nation should, for this reason, be “renegotiated”.

“To me, this landmark proclamation is a significant departure from what was the stance of the North and even the Buhari-led Federal Government when, some years ago, Mazi Nnamdi Kanu made the same proclamation in an epic broadcast on Radio Biafra.

“To be sure, Mazi Kanu’s position then, just as the North has now conceded, was that the legal instrument upon which Nigeria was founded in 1914 has a fixed duration of one hundred years, which expired in 2014.

“It will be recalled that this very broadcast was one of the major reasons Mazi Nnamdi Kanu was then charged with the offence of secession, which was later escalated to incitement of terrorism for which he was renditioned and remains in incarceration for over three years, awaiting some trial.

“So, one might ask: Now that the North has said the same thing for which Mazi Kanu was arrested, renditioned, detained and charged to court, is it not time for the Federal Government and even the North to show some contrition by apologizing to Mazi Nnamdi Kanu or acknowledging that he was right all was right all along?”.

 

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NLC announces indefinite strike action

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NLC announces indefinite strike action
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NLC announces indefinite strike action

The Nigeria Labour Congress (NLC) has ordered its members in states that are yet to commence the implementation of the new minimum wage to commence an indefinite strike, beginning from December 1, 2024.

The directive is part of the resolutions of the NLC after its National Executive Council (NEC) meeting at the weekend.

“The NEC notes with deep frustration the persistent delay and outright refusal by some state governments to implement the 2024 National Minimum Wage Act. This betrayal by certain governors and government officials across the country flies in the face of both legality and morality, as workers continue to be denied their rightful wages amidst rising economic hardship. It is a blatant disregard for the law and the lives of millions of Nigerian workers, who are being exploited by the very leaders sworn to protect them.

“The NEC therefore resolves to set up a National Minimum Wage Implementation Committee that will among others commence a nationwide assessment, mobilization and sensitization campaign, educating workers and citizens on the need to resist this assault on their dignity and rights. Furthermore, the NLC shall initiate a series of industrial actions in all non-compliant states and shall not relent until the minimum wage is fully implemented across Nigeria.

“To this end, all state Councils where the National Minimum Wage has not been fully implemented by the last day of November, 2024 have been directed to proceed on strike beginning from the 1st day of December, 2024. Nigerian workers demand justice, and justice they shall have,” the NLC communique read in part.

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