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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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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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