TheNewsGuru

Tag: Tinubu

  • Just In: Tinubu, Akande, others in Ibadan for APC southwest stakeholders meeting

    Reports reaching TheNewsGuru.com states that stakeholders of the ruling All Progressives Congress (APC), in the South West geo-political zone are currently meeting in Ibadan, the Oyo state capital.

    Among those who beat the time to arrive early at the meeting billed to take place at 1pm include former interim National Chairman of the party and former governor of Osun state, Chief Bisi Akande; Minister for Information and Culture Alhaji Lai Muhammed and his Finance counterpart, Mrs. Kemi Adeosun.

    Others include the National Leader of the party, Asiwaju Bola Ahmed Tinubu, former Governor of Ogun state Chief Olusegun Osoba, former Governor of Osun state, Chief Olagunsoye Oyinlola and Lagos State governor, Mr. Akinwumi Ambode who arrived about 12.50 pm.

    Also attending the meeting include Senate Chief Whip, Senator Olusola Adeyeye; Majority Leader of the House of Representatives, Hon. Femi Gbajabiamila.

    The Minister of Communications, Barrister Adebayo Shittu. Governor Ibikunle Amosun, and Governor Rauf Aregbesola of Osun state have all arrived the venue of the meeting.

    The purpose of the meeting is yet to be revealed.

  • Tinubu, Dantata win Nigeria’s 1.3mbd oil lifting deal

    Tinubu, Dantata win Nigeria’s 1.3mbd oil lifting deal

    The Nigerian National Petroleum Corporation, NNPC, yesterday, named Wale Tinubu’s Oando, Toye Cole’s Sahara Energy Resources, Sayyu Dantata’s MRS Oil and 36 other companies as winners of the crude oil term contract, for the purchase and lifting of 1.306 million barrels per day of Nigeria’s crude oil for 2017/2018, effective January 1, 2017.

    NNPC, in a statement in Abuja, said that the 39 successful bidders comprised 18 Nigerian companies, 11 international oil traders, five foreign refiners, three National Oil Companies, (NOCs) and two NNPC trading arms.

    According to the corporation, all the contracts are for 32,000 barrels per day except Duke Oil Ltd, an oil trading arm of the NNPC, which shall be for 90,000 barrels per day.

    Group General Manager, Crude Oil Marketing Division, COMD, of the corporation, Mr. Mele Kyari, said that the contract will run for one year effective January 1, 2017 for consecutive 12 circles of crude oil allocation.

    The other Nigerian companies are: Sayyu Dantata’s MRS Oil and Gas, Uche Ogah’s Masters Energy, Alhaji Auwalu Rano’s A.A. Rano Nigeria Ltd, Oladimeji Edwards’ Hyde Energy, and Uju Ifejika’s Britania-U.

    The list also include North West Petroleum and Optima Energy, AMG Petroenergy, Arkleen Oil & Gas Ltd, Shoreline Ltd, Emo Oil, Setana Oil and Prudent Energy. The International oil traders are Trafigura, ENOC, BP Trading, Total Trading, UCL Petro Energy, Mocoh Trading, Trevier Petroleum, Heritage Oil, Levene Energy, Glencore and Litasco Supply and Trading Company.

    In the government-to-government category, the companies are India Oil Company, Sinopec of China and Saccoil of South Africa, while the two NNPC subsidiaries are Duke Oil and Carlson Hyson.

    A total of 224 bids were submitted by companies seeking to purchase and lift Nigerian crude oil grades for the period 2017/2018. During the bid opening in November 2016, Group Managing Director of NNPC, Mr. Maikanti Baru, had assured the public that NNPC would ensure due process, transparency and fairness in the selection process. “We will ensure transparency and fairness in the process.

    There is nothing that is hidden just as you have seen today,” Baru had stated. Baru had also disclosed that the number of companies bidding dropped from 278 in 2015/2016 to 224 at present, due to the strengthening of the criteria for prospective bidders.

    He said NNPC was targeting crude oil refiners, big oil traders, as well as companies that had made substantial investments in the Nigerian oil and gas industry, particularly in the downstream sector.

    Baru further stated that the huge number of bidders, despite the stringent conditions, was an indication of the fact that Nigeria’s crude oil grades were in high demand across the globe.

    He said: “There have been speculations that we are struggling for market. That is not true. Nigerian crude has continued to earn premiums and they are hot cake for refiners. Because of the light nature of the crude, it induces very high yields on the valuable products that you produced from crude oil.

    Nigerian crude continues to maintain market. “In fact, contrary to a lot of speculations that a lot of Nigerian crude goes to China, it does not.

    Most of them are consumed and refined in India and Europe, particularly, this year and last year, most of Nigerian crude ends up in European refineries.”

  • Release audio where I denigrated Tinubu – Amosun tells ‘traitors’

    Ogun State governor, Ibikunle Amosun, yesterday, dispelled rumours that he denigrated Asiwaju Bola Tinubu, stressing that his critics should go ahead and release audio where he spoke ill of Tinubu.

    Amosun, who spoke in reaction to an alleged audio recording from a group loyal to a governorship aspirant in the All progressives Congress, APC, denied denigrating a party leader, Tinubu as alleged.

    At a caucus meeting which had Ogun State members of National Assembly and APC executive council members in attendance, Amosun recalled that Tinubu stood by him and cannot, therefore, repay him with evil.

    In the recording, the governor was said to have disparaged Tinubu and allegedly boasted that the former Lagos governor would be disgraced before 2019.

    In his explanation, Amosun said: “What happened was that we wanted to have a parliamentary caucus. And we said we would be having it quarterly; but we discovered that our commissioners were not there and the elders of the party too must be there.

    “It wasn’t our normal meeting; it was just the parliamentary caucus meeting. If there are cowards or traitors somewhere trying to record or do any other thing, those people can not do anything.

    “But let me say this — and I have been saying it all the time — that we might not be able to say clearly now who becomes the next governor; but we know those who will not be governor.

    “I know that at the appropriate time, we would get our people together and we would say, ‘this is your son/daughter;’ and we would pick and whosoever we pick is going to become governor.

    “By the way, I say it all the time that Asiwaju (Bola Tinubu) stood by me when I needed him. I have ways of reaching Asiwaju, although he did not give me any money, but, my dad will say that a helper must not be disappointed.”

    He challenged those who he called ‘traitors and cowards’ to come out with the video of the meeting.

    He added that seven governorship aspirants in the party had approached him to take over from him, but he had told them that there was no governor among them.

    “Those who are jumping around are just wasting their money,” Amosun said.

     

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  • Tinubu denies plot to form new party, vows he won’t abandon APC

    Tinubu denies plot to form new party, vows he won’t abandon APC

    The National leader of the All Progressives Congress, Asiwaju Bola Tinubu, has denied alleged involvement in plans to form a new party stressing that his allegiance still belongs to the ruling party, All Progressives Congress (APC).

    Tinubu disclosed his views via a series of tweets on his twitter handle @AsiwajuTinubu, on Monday, also denied links to the formation of a new party.

    The party leader said he would not abandon the ruling party, which he laboured to build.

    Tinubu noted that irrespective of mistakes that had been made, he remained committed to the “ideas that fuelled” the creation of the APC.

    The former Lagos State governor added that he had devoted his life to building the party, stressing that the national purpose of the APC “is bigger than the desire of any individual.”

    In one of the tweets, Tinubu said, “This is a party I laboured with others to build. We would not abandon it for another. Millions of Nigerians who voted are watching and praying.

    “I have devoted my political life to achieving what has been achieved. My heart is too much for the people and my mind too fixed on establishing a positive historic legacy… rather than engage in destructive pettiness.”

    He added, “This government, the APC, is for the betterment of the people and the national purpose is bigger and more important than any individual’s desires.

    “In our journey to national betterment, plans and policies will be made, then amended. Mistakes will occur and then corrected…

    “Achievements will be had and replicated. Through it all, I, Asiwaju will remain true to the progressive ideals that fuelled the creation of the APC.”

  • I laboured with others to build APC, no plans to abandon it now – Tinubu

    I laboured with others to build APC, no plans to abandon it now – Tinubu

    National leader of the All Progressives Congress, APC Asiwaju Bola Tinubu has said he has no intention of leaving the APC to form another party as widely reported in some sections of the media.

    The well respected politician said he laboured hard with other party faithfuls before the party was registered and as such he couldn’t abandon it for any other idea.

    Recall that there had been speculations of internal party crisis rocking the ruling party which came to power in 2015 after defeating the Peoples Democratic Party, PDP which had hitherto ruled Nigeria since her return to democracy rule in 1999.

    The recently concluded elections in Edo and Ondo States were also a pointer to the crisis rocking the ruling party. While the Asiwaju was said to have lost majority of his anointed candidates to some others who were loyal to other camps in the party as the standard flag bearer, Tinubu himself confirmed that all was not well in the party as he openly attacked the party’s national chairman, Chief John Odigie-Oyegun, a man he was also instrumental to his emergence on methodologies used in selecting the party’s flag bearer.

    Furthermore, the revered politician was conspicuously absent at major rallies and campaigns of both elections that held in Edo and Ondo State. A move many political pundits said would have its adverse effect on the party’s chances in both elections.

    However, in a press statement credited to him, Tinubu said though there were challenges currently bedeviling the party, however, the challenges were not enough reasons to dump the party to join or form alliance with another.

    The statement reads in part: “In our Journey to national betterment, plans and policies will be made, then amended. Mistakes will occur and then corrected, Achievements will be had and replicated.

    Through it all, I, Asiwaju will remain true to the progressive ideals that fueled the creation of APC.

    I have devoted my political life to achieve what has been achieved. My heart is too much of the people and my mind too fixed on establishing a positive historic legacy rather than engage in destructive pettiness.

    The former governor of Lagos said further: “This government, APC, is for the betterment of the people and the national purpose is bigger and more important than any individual’s desires.

    This is a party I laboured with others to build. We would not abandon it for another. Millions of Nigerians who voted are watching and praying”.