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The Pan Niger Delta Forum has called for a reconsideration of the Supreme Court’s ruling on the suspension of allocations to Rivers State. The apex court had, on Friday, upheld a Federal High Court’s decision directing the Central Bank of Nigeria to withhold funds meant for local government areas in Rivers State. In a statement
Former President Olusegun Obasanjo has revealed how the Nigerian National Petroleum Corporation, NNPC, declined a $750 million offer by billionaire business tycoon Aliko Dangote to manage the Port Harcourt and Kaduna refineries in 2007. Obasanjo made this revelation during an exclusive interview with Channels Television. According to the former president, the NNPC was aware that
Obasanjo reveals how NNPC declined Dangote’s offer to manage Nigeria’s refineries
Former President Olusegun Obasanjo has revealed how the Nigerian National Petroleum Corporation, NNPC, declined a $750 million offer by billionaire business tycoon Aliko Dangote to manage the Port Harcourt and Kaduna refineries in 2007.
Obasanjo made this revelation during an exclusive interview with Channels Television.
According to the former president, the NNPC was aware that it lacked the capacity to run the national refineries but still rejected Dangote’s offer.
“Aliko got a team together, and they paid $750 million to take part in a PPP (Public–Private Partnership) to run the refineries.
“My successor refunded their money, and I went to him and explained what had transpired.
“They wanted the refineries, and they could run them. I said, ‘But you know they cannot run it,’” Obasanjo said.
DAILY POST reports that Obasanjo served as Nigeria’s democratically elected president from May 1999 to May 2007.
He was also Nigeria’s military Head of State from February 1976 to October 1979.
Obasanjo reveals how NNPC declined Dangote’s offer to manage Nigeria’s refineries
A University Don, Professor Azeezat Amoloye-Adebayo has advised parents and teachers to work together to produce good citizens for the…
President Bola Tinubu has directed that all minors arrested and undergoing trial for their roles during the #EndBadGovernance protest should be released immediately. Minister of Information and National Orientation, Ibrahim Idris disclosed this on Monday at the Presidential Villa, Abuja. Idris said the President also instructed that all charges against the minors be dropped immediately.
BREAKING: EndBadGovernance: Tinubu orders immediate release of detained minors
President Bola Tinubu has directed that all minors arrested and undergoing trial for their roles during the #EndBadGovernance protest should be released immediately.
Minister of Information and National Orientation, Ibrahim Idris disclosed this on Monday at the Presidential Villa, Abuja.
Idris said the President also instructed that all charges against the minors be dropped immediately.
More details later…
BREAKING: EndBadGovernance: Tinubu orders immediate release of detained minors
