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Amosun: The Beginning Of An Inglorious End

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By Dayo Amusan
It is a common prayer that “our latter days should be better than our former”. 

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Otherwise, how best would one describe the recent faulty, disastrous and  crazy happenings dotting the paths of Ogun State Governor, Senator Ibikunle Amosun(SIA) in the twists light of his exit from power.
The popular maxim of “nothing lasts forever” is the best syndrome to describe the power-broke of the Governor’s resistance to accept defeat at the just concluded APC governorship primaries. 

The National Working Committee (NWC) of the party had declared Prince Dapo Abiodun as the winner of the party’s governorship primary in the State. 
Dapo Abiodun triumphed above other five contestants in the party, namely;  Jimi Lawal, Bimbo Ashiru, Abayomi Hunye, Gbenga Kaka and Adekunle Akinlade with varying degrees of scores. 

Governor Amosun has since refused to accept the candidature of Dapo Abiodun as Ogun APC governorship candidate but rather remained adamant that his preferred candidate, Adekunle Akinlade who had earlier emerged as the party’s governorship candidate through a highly compromised  selection process by the governor and his state APC Exco, should by all means be accepted by the NWC of APC.

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 Since then, the power-drunk Governor has continued to dig deep into abysmal trenches like King Saul in the Bible.
But the Governor had soon forgotten that power is transient and does not last forever. 

The Governor made a tactical error in trying to impose his consensus candidates on the entirety of the Party’s stakeholders without their proper buy-in. 

The level of arrogance, self centeredness, maneuvering, posturing, deceit and raw power display that went into the whole charade from the on set, were all pointers to a failure.

How can an outgoing governor unilaterally selected the governorship candidate of his party and all the 40 National and State Assemblies members without giving a waiver for party leaders in the State? It beats all reasonable justification.
Ogun State is so sophisticated in composition for an individual wanting to lord it over the people.
Of course, it is in the public knowledge that the governor’s desperate effort to install his stooge as his successor was to cover his tracks of series of financial frauds and economic sabotage dotting his almost eight years’ administration. 

The heavy indebtedness of “Emperor” Amosun’s administration to the detriment of the State’s future, running into N500Billion in a pace of seven and half years, is enough for the governor to ‘by-fire-by-force’ wanting to implant a makeshift as governor. 
The wrestle of power by the governor with the party’s National Chairman, Adams Oshiomole and Vice President, Yemi Osinbajo, is a pointer to the fact that Mr. Governor is preparing ground for an inglorious end.

The Governor’s insistence to handover power to Yewa/Awori man come 2019 is commendable, but that cannot be single-handedly determined by him, but with collective decision of all party’s stakeholders and such candidate must be widely accepted by the generality of the people across the zones.

No man is supreme or higher than the party’s constitution and leadership, but unfortunately in this case, Governor Amosun is also a candidate who is trying to install another candidate as the party’s governorship candidate.

As if that was not enough, the Governor wasted yet another state resources to broadcast live a charade called National Assembly primary of the party which was reportedly marred with violence and threat to life of dissent groups within the party. 
Dapo Abiodun’s candidacy has been ratified and validated by the NWC of APC. What the governor should start perfecting is how to redeem his battered image and his political career after leaving office as governor. 

Surprisingly, the governor  was quoted to have threatened to quit the party if his preferred candidate was not adopted.
In fact, his foot soldiers and the  supporters of his stooge, took to the social media to announce their botched defection plans to another party, variously; Accord Party and ADC Party. 

But a top source from the  Party’s National secretariat disclosed that the veil threat to expose the governor’s shady deals and his involvement in Kemi Adeosun’s NYSC scandal, instilled some senses in the recalcitrant Governor.
It was the threat by the National leaders of the party that, instigated the Governor to retract his decision and still stays in the party.

But still not satisfied with the resolutions of the matter, the Governor recently caused his political aides to institute a court case against the leadership of the Party and the accepted governorship candidate, Dapo 

Abiodun, working round a theory of  stalling the process of installing an APC governorship candidate in the State in 2019 general elections.
He will need to hire a  high profile PR stunt to save his head on some unmitigated allegations leveled against him by some party echelons.
These allegations which will, sooner than later, expose his weaknesses include; the flukes in his infrastructure renewal that was sectionalised and highly inflated, his greed in wealth acquisition across the State, his underhand and failed corrupt dealings with multi nationals investing in the State,  particularly the loss of the Dangote’s multi billion dollars Petro-chemical refinery investment to Lagos State.

Other disturbing allegations hinted by the sources are his alleged money laundry venture to the Asian circles, the failed Model schools’ projects across the State, and the wooping sums expended so far in desperate moves to implant a puppet with a view to  cover his tracks.

The sources in the known said already an indicting petition on series of financial frauds and economic sabotage dotting his almost 8 years administration of the Governor has already been prepared for submission to EFCC.

 

From the various accounts stitched together from knowledgeable sources, the attempt to demystify Governor Amosun’s power intransigence will begin to manifest in the weeks ahead, signalling the beginning of his end and lost of relevance with the powers-that- be.

 Dayo Amusan (DA) writes from Sagamu

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You’re wicked,$720k for school fees in advance,”U dey take Kogi people play football” -prophet Ikuru

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By Collins Nkwocha

The prophetic Hall of fame, prophet Godwin Ikuru of Jehovah Eye Salvation Ministry, Lagos has reiterated that the former governor of Kogi state, Yaya Bello is a heartless, callous and wicked criminal that shouldn’t be allowed to go unpunished.

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This is coming after the latest revelation that Bello withdrew $720k from the state funds to pay for his child’s school fees in advance by the EFCC chairman.

The handsome prophet who was visibly annoyed with the revelation by the EFCC boss said ” yaya Bello don pocket Kogi people so Tay e dey take them play football, this is wickedness,you have embezzled to the level that you don’t even know what else to use to embezzle anymore that you had to withdrew $720k for your child’s school fees in advance,you should be ashamed of yourself”.

He praised the EFCC chairman for doing a good job and helping the nation to recover her looted resources.He praised the president, Bola Ahmed Tinubu for helping the nation in the fight against corruption.

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Keep your mouth shut, you are the real criminal, you don’t have respect for elders, Prophet Ikuru blasts Yahaya Bello

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By Collins Nkwocha

 

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The prophetic Hall of fame, prophet Godwin Ikuru of Jehovah Eye Salvation Ministry, Lagos  has blasted the former governor of Kogi state, Yaya Bello for evading arrest and making nasty comments about the government and EFCC.

 

The prophet was visibly angry that Bello went into hiding and started attacking the government and EFCC with nasty words.He said “yaya Bello does not have respect for elders,in facts he’s not fit to contest for any political position in Nigeria or hold any political position in Nigeria anymore, he’s a real criminal,yet, he’s still talking, he doesn’t not have respect for elders.Ododo should also be punished for aiding a criminal”

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Bello was declared wanted by EFCC after evading arrest, he’s been on fugitive since then,many people advised him to submit himself for investigations and clarifications.Nigerians are eagerly waiting to see how this saga will end.

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Nigeria Launches New Fiscal Incentives to Revitalise Oil & Gas Sector, Aiming to Attract $10 Billion Investment

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Nigeria Launches New Fiscal Incentives to Revitalise Oil & Gas Sector, Aiming to Attract $10 Billion Investment

Nigeria Launches New Fiscal Incentives to Revitalise Oil & Gas Sector, Aiming to Attract $10 Billion Investment

 

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… as FG endorses consolidated guidelines

 

 

 

 

 

 

 

 

 

Sahara Weekly Reports That Today, in a move to further revitalise the oil and gas industry’s contribution to the Nigerian Economy, Wale Edun, OFR, Minister of Finance and Coordinating Minister of the Economy, presided over a signing ceremony at the Federal Ministry of Finance headquarters in Abuja endorsing the Consolidated Guidelines for the implementation of Fiscal Incentives for the Oil & Gas Sector – a cornerstone of the Presidential Directive aimed at enhancing the Nigerian oil & gas sector’s global competitiveness whilst stimulating economic growth.

 

 

 

 

Nigeria Launches New Fiscal Incentives to Revitalise Oil & Gas Sector, Aiming to Attract $10 Billion Investment

 

 

 

 

 

As disclosed during the signing, the Presidential Directives were developed and coordinated by the Special Adviser to the President on Energy, Mrs. Olu Verheijen to ensure a competitive framework for the Nigerian oil & gas industry. These Consolidated guidelines for the fiscal incentives are based on extensive collaboration across Finance and Petroleum Ministries and involved several key regulatory bodies including the Federal Inland Revenue Service (FIRS), the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), and the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA).

 

According to Mrs. Verheijen, these new measures have been designed to deliver a competitive Internal Rate of Return (IRR) for Oil & Gas Projects and attract over $10 billion in new investments within the next 12-18 months. They also underscore Nigeria’s commitment to reaching its long term oil production target of 4 million barrels per day whilst enhancing the reliability of gas supply for to boost export earnings and fuel Nigeria’s industrialization.

 

Mrs. Verheijen disclosed that among the guidelines signed were the NUPRC Guideline on Hydrocarbon Liquids Content in a Non-Associated Gas (NAG) Field, essential for accurately categorising and quantifying the hydrocarbon liquid content in these fields. Additional guidelines focused on the applicability of tax credits and allowances for Non-Associated Gas Greenfield Development and the Midstream Capital and Gas Utilization Allowance, providing taxpayers with clarity on the computation of these benefits.

 

HM Edun, in his remarks, thanked President Bola Ahmed Tinubu for signing the directive in February 2024 to engender growth in the Nigerian oil and gas sector, which had stagnated for over the last decade. He also emphasised the potential of the guidelines, saying, “The idea is to create an atmosphere conducive to international competitiveness such that investment comes in. And in this case, we know it’s foreign direct investment”.

 

The signing ceremony was attended by various stakeholders, including NNPC Limited, Oil Producers Trade Section (OPTS) and the Independent Petroleum Producers Group (IPPG), further highlighting Nigeria’s unified approach toward reinvigorating its oil and gas sector.

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