Politics
FG GIVES UPDATE ON THE CRUDE AND REFINED PRODUCT SALES IN NAIRA INITIATIVE

Published
2 weeks agoon
By
Ekwutos Blog
The Technical Sub-Committee on the Crude and Refined Product Sales in Naira initiative has today convened an update meeting held in Abuja with the Honourable Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, presiding. The meeting reviewed progress and addressed ongoing implementation matters.
The stakeholders reaffirmed the government’s commitment to the full implementation of this strategic initiative, as directed by the Federal Executive Council (FEC). It stated that the Crude and Refined Product Sales in Naira initiative is a key policy directive designed to support sustainable local refining, bolster energy security, and reduce reliance on foreign exchange in the domestic petroleum market.
The Committee acknowledges that implementation challenges may arise from time to time. However, such issues are being actively addressed through coordinated efforts among all relevant parties. The initiative remains in effect and will continue for as long as it aligns with the public interest and supports the national economy.
The meeting was attended by the Chairman of the Implementation Committee, the Honourable
Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun; the Chairman of the Technical Sub-Committee and Executive Chairman of the Federal Inland Revenue Service (FIRS), Dr. Zacch Adedeji; the Chief Financial Officer of NNPC Limited, Mr. Dapo Segun; the Coordinator of NNPC Refineries; Management of NNPC Trading; representatives of Dangote Petroleum Refinery and Petrochemicals; and senior officials from the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), the Central Bank of Nigeria (CBN), the Nigerian Ports Authority (NPA), representative of Afreximbank, as well as the Secretary of the Committee, Hauwa Ibrahim.
The meeting underscored the government’s commitment to the Crude and Refined Product Sales in Naira initiative, a strategic move expected to have a lasting impact on Nigeria’s economy, fostering growth, stability, and self-sufficiency. This bold step positions Nigeria for success in the years to come
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Politics
Hon. Oluwole Oke Resigns from PDP After 24 Years in House of Representatives

Published
4 hours agoon
April 24, 2025By
Ekwutos Blog
Hon. Oluwole Oke, a veteran member of the House of Representatives, has announced his resignation from the Peoples Democratic Party (PDP). Oke, who has represented the Obokun/Oriade Federal Constituency of Osun State for six consecutive terms, made his decision public following internal party dynamics that reportedly barred him from seeking re-election.
Oke, one of the longest-serving lawmakers in the House, has spent 24 years as a federal legislator. According to sources close to the lawmaker, his exit was triggered by pressure within the party urging him to step aside for new leadership.
In his statement, Hon. Oke expressed gratitude to his constituents and supporters for their unwavering loyalty over the decades, while hinting at continued involvement in public service, though not necessarily under the PDP banner.
Politics
UPDATED: Oborevwori, Okowa, others dump PDP for APC

Published
17 hours agoon
April 23, 2025By
Ekwutos Blog
Delta State Governor, Sheriff Oborevwori, the immediate past governor, Ifeanyi Okowa, and all members of the Peoples Democratic Party in Delta State have defected to the All Progressives Congress.
The announcement was made on Wednesday in Asaba, the Delta State capital, by Senator James Manager, shortly after a meeting that lasted over six hours at Government House, Asaba.
Manager stated, “All PDP members in the state, including the governor, former Governor Okowa, the Speaker, the state party chairman, all the local government chairmen and others, have agreed to move to the APC.
“We cannot continue to be in a sinking boat,” he said.
The Delta State Commissioner for Information, Mr Aniagwu Charles, officially confirmed the governor’s defection and the collective decision of Delta PDP leaders and stakeholders to join the APC.
“
There is a need for us to adjust our drinking patterns. And in adjusting that drinking pattern, we needed to make a decision that would further help to cement the development in our state, to build the court of law that has existed in our state, to further advance the cause of security and the welfare of our people, and, to a large extent, ensure that development in Delta is not truncated,” Aniagwu stated.
He continued, “In taking that decision, we concluded that leaving the PDP was very necessary for us to be able to collaborate and build a state that every Deltan will be proud of. We believe that what is happening, and the state of the PDP, is akin to that palm wine whose taste has changed — and there was a need for us to change the drinking party.”
Charles added that the decision was unanimously made by party leaders and stakeholders, hinting at a formal public declaration soon.
“By the grace of God, on Monday next week, we will be able to make a very big statement confirming that we are moving into the APC,” he said.
The move marks a significant turning point in Delta State politics, signalling a broader political recalibration that could reshape party dominance in the South-South region.
Politics
2027: Don’t fall for Tinubu’s tricks, Timi Frank warns Northern, Southern leaders

Published
19 hours agoon
April 23, 2025By
Ekwutos Blog
A former Deputy National Publicity Secretary of the All Progressives Congress (APC), Comrade Timi Frank, has warned northern and southern leaders against being fooled by President Bola Tinubu’s tricks to grab power in 2027.
Frank made the call in a statement issued Wednesday.
He said while Tinubu is on the one hand blackmailing southerners, especially opposition governors on the platform of the PDP, Labour Party and All Progressives Grand Alliance by playing the ethnic card to gain support, he is on the other hand threatening to deal with them if they fail to support him by declaring a state of emergency in their states.
Frank added that 2027 should not be about North or South but who would fix the myriads of challenges confronting the country.
He said: “He has increased the intensity now by blackmailing, intimidating and putting at least five PDP Governors from the South under duress to defect along with their Members in the National Assembly to the APC.
“To Tinubu, the 2027 election is about him versus the North and that is why he is trying desperately to enlist the support of the South through manipulation and subterfuge. He has forgotten so soon that the North helped him to get to power in 2023.
“Nigerians are in need of a President who will help Nigeria become better, not ‘Northern candidate or Southern candidate’ or ‘Northern President or Southern President’.
“The country is overcharged already with divisions along ethnic lines. We therefore can’t afford to have a President who is setting one region against another for the sake of his own personal ambition.
“For me, Timi Frank, as a Southerner, I don’t believe in tribalistic and a divisive president. I believe in a leader that will come and unite rather than divide Nigeria.
“I advise every Northerner still supporting Tinubu to have a rethink. They should know that the North that apparently ‘assisted’ Tinubu to gain power in 2023 are suffering the most today.
“It is a fact that the north has been grossly sidelined in appointments and other infrastructure development programmes by Tinubu who has prioritised his personal and tribal life interests over the everything else.”
“This is why the North should wake up. They should know this route Tinubu is going in terms of 2027 politics, is not the best for Nigeria. They should rise and speak with one voice in 2027.
“I want the Northern leaders to know that should Tinubu find his way back to power in 2027, the North will suffer untold neglect as Tinubu and the APC don’t have their genuine interest at heart.
“As we speak, at least five opposition governors are set to defect to APC not because they like Tinubu but due to intense political pressure, intimidation and blackmail, while those who will remain have been made to sign undertakings to deliver their states to Tinubu otherwise they will be made to lose their second terms elections.

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