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​Not-too-young-to-run: Youths to dominate Paseda’s government

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L-R: Wife of Otunba Paseda, Yeye Vivian Paseda ,Otunba Rotimi Paseda addressing journalists while the UPN National Chairman, Professor Bankole Okuwa looks on.

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The Ogun State governorship candidate of the Unity Party of Nigeria (UPN) in the 2015 election, Prince Rotimi Paseda, has promised that youths will dominate his  government if elected as Governor come 2019.

He made the vow following the signing of the Not-too-young-to-run law signed by President Mumammadu Buhari’s on Thursday.

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Paseda, while receiving the House of Assembly aspirants on the platform of UPN in Ijebu-Ode, said youths are the bedrock of any nation’s economy growth and that they must be given ample chance in scheme of things.

 

Otunba Paseda handling UPN flag to the House of Assembly aspirants in Ijebu-Ode on Thursday


He explained that youths’ involvement in politics was vital,  insisting that their active participation would do good at strengthening Nigeria’s democracy.
According to him, with the country’s democracy clocking 19 year’s, there is still a vacuum being created with the little participation of the youths, a situation, he described as not too good for the nation. 
“I promise to support any youth who aspire to be a public office holder because our country needs to start grooming the youths for leadership positions.

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” I want to appeal with other old politicians to give our youths the assistance and the opportunity to participate in the governance and project Nigeria”, he said.
The National Chairman, Prof. Bankole Adelaja-Okuwa, expressed confidence that Paseda has the capacity to transform the economic fortunes of the state.

He added that Paseda possessed the virtues of the sage, Chief Obafemi Awolowo, and that such are needed in formulating developmental policies for the state.

The National Chairman hinted that the structure of the party would soon be taken over by the pan Yoruba sociocultural group, Afenifere.

According to him, “I have studied him (Paseda), I have been close to him over the years and I am confident that he can do what Awolowo did.

“What we are declaring today is the very beginning of a new life. Paseda is going to uplift this state and country. He is Awolowo’s incarnate and I believe he is going to do it.

“I am an Awoist myself and we will ensure that our government provides free education at all levels. 

“Beside that, Paseda is going to industrialise Ogun state and thus will become the first industrial state in Nigeria.

“If Nigeria is going to move on, people like him should bring their policies on board.

“UPN is going to be taken over by Afenifere and this struggle will be beyond Ogun state.

He also debunked rumours of alleged division in the party’s leadership structure.

“What I want to you us is that I don’t want us to be hypocritical here. Anyone who has come because of that can take his or her leave.

“This is the Unity Party of Nigeria. It can’t be broken because it is Awolowo’s party. There is no division in this party. No one has the power in this party to do that, including myself”.

The State Chairman of the party, Alhaja Aminat Olatunbosun, said the intention of Governor Ibikunle Amosun to pick his successor from the Ogun West Senatorial District is a ploy to distabilise the State.

The Party Chairperson opined that it will be grossly injustice to ask Ogun East, with more local government areas, to wait for another sixteen years before taking a shot at the number one seat of the State.

She said the Party has decided to zone it’s governorship seat to Ogun East, hence calling on all the Party faithful to work hard for the success of the Party at the 2019 general elections.

The Party Chairperson also said UPN remains the only credible Party in the country now as it remains committed to the welfare of the masses.

Her words, “What Nigeria need now is an alternative to the misrule of the so called big parties in Nigeria, the Party that prides itself as the biggest Party in Africa and the Party with the acronym of ,change’

“What Nigeria need now is not hunger, insecurity and unemployment where the tribal herdsmen has turned Nigeria to slumber.

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Business

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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Education

JUST IN: Government Shuts Down Lead British School Over Student’s Bully (VIDEO)

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JUST IN: Government Shuts Down Lead British School Over Student’s Bully (VIDEO)

JUST IN: Government Shuts Down Lead British School Over Student’s Bully (VIDEO)

 

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Sahara Weekly Reports That The Federal Government has reportedly shut down Lead British School following the bully of a student named Namitira in the Abuja-based institution.

 

 

 

JUST IN: Government Shuts Down Lead British School Over Student’s Bully (VIDEO)

 

 

 

 

Two videos showing the student reportedly named Namtira being manhandled went viral on social media on Tuesday.

 

 

 

 

 

 

 

In one of the videos, the victim was seen being slapped repeatedly by another female student while asking “Who broke my heart?”

 

 

 

 

 

 

 

In another video, the victim was seen sitting next to a male classmate who was heard saying “I spoilt her relationship”.

 

 

 

 

 

 

 

Furthermore, the minister of women affairs has visited the school to address the situation. In a follow up video recorded this morning, the culprit was seen being slapped by a woman who is said to be the victim’s aunty.

 

 

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Meet the Nigerian prophet that prophesied the climatic disaster in Dubai and Oman

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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 established himself as a global prophet, giving accurate and precise prophecies to nations, individuals,continents and organisations.

 

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Nigerians will never forget how he enunciated that Tinubu was going to rule Nigeria,a lot of people and prophets made him their enemies and even threatened to him because of that,but God will always fulfil the words of his prophets as Tinubu finally emerged the president despite all the antagonism.

On the 31st of December when this great prophet was dishing out his prophecies for the year 2024,he said categorically and emphatically that the Asian countries will experience a lot of climatic disasters this year.Oman had a very heavy rain that killed 18 people,it included at least nine schoolchildren and their drivers whose vehicle was washed away by the floodwaters.

UAE witnessed the heaviest recorded rainfall in history,this is really alarming as the rainfall caused a lot of havoc.Only the prophetic Hall of fame, prophet Godwin Ikuru saw all these coming.

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