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FG Approves Lagos’ Ownership Of 4 Oil Wells, Disproves 1 Other

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The Federal Government on Wednesday says four of the five oil wells discovered in Lagos truly belongs to the state but disproves the state’s ownership of one other oil well.

The FG said the disproved oil well fell beyond 200 metres isobaths and did not legitimately belong to Lagos State.

A delegation of the Indices and Disbursement Committee, Revenue Mobilisation Allocation and Fiscal Commission, led by its Chairman, Alhaji Aliyu Mohammed visited Governor Akinwunmi Ambode on Wednesday at the State House, Ikeja, Lagos, Southwest Nigeria for the purpose of verifying crude oil and gas production from Aje Oil wells for the purpose of disbursement of 13% derivation fund to the state in line with the constitution of Nigeria.
According to Mohammed, as part of procedure and in pursuant to its constitutional mandate, the commission set up an Inter-Agency Technical Committee which comprised the commission, the Department of Petroleum Resources, DPR, Office of the Surveyor General of the Federation and the National Boundary Commission to determine the location of the Aje oil wells.

“The technical committee recommended that for the purpose of derivation as spelt out under Section 162 (2) of the 1999 constitution (as amended) as well as the provision of the Allocation of Revenue Act 2004, Aje oil wells 1, 2, 4 and 5 fall within the 200m isobaths and therefore should be attributed to Lagos State.
“As a result, the commission and members of the Inter-Agency Committee had to embark on this working visit to conclude the process. Please, note that Aje 3 oil well falls beyond the 200m isobaths and therefore cannot be legitimately attributed to Lagos State,” he stated.

He added that the commencement of oil production from Aje oil field by Yinka Folawiyo Petroleum Company Limited was the first time oil was being produced outside the Niger Delta basin and therefore of a major significance in diversifying the source of crude oil and gas production in the country.

Speaking, Ambode described the visit as historic and one that would go down in the annals of the history of Lagos State, as the visit was the official step that would take Lagos to that final destination as an oil-producing state.

“We are very glad to receive this delegation. We also want to thank the Federal Government, most especially President Muhammadu Buhari for making this to happen very promptly. I want to say that this has been the promptest action that has been taken by RMAFC since I have known the Commission. I used to be a former Account General so I had a lot of transactions and relationship with the institution called RMAFC. Within a span of about 60 days of when we wrote our letter, and even before we wrote the letter, this technical committee was actually set up. It gladdens me to say that the institution works and is working for the good of Nigeria,” he said.
Also thanking the DPR and the boundary commission, Ambode said it was significant that the discovery of oil wells in Lagos was going to be the first time oil would be produced outside the Niger Delta.

“It’s significant for Nigeria, its significant for Lagos, it means that the whole path to diversification is what we are now witnessing. We would also encourage other states in terms of other mineral resources, not necessarily depend on crude oil; whatever it is that can actually allow states to start activating their mineral deposits, it would allow us expand the Internally Generated Revenue

.“It would also give us revenue dependence in a manner that there would be equal growth from all the nooks and crannies of Nigeria. One is happy that RMAFC has taken this step and also to say that they should also encourage other states to engage in such activities that would allow them to be able to activate whatever mineral deposit that we have in the various states in conjunction with the Federal Government, so that we can start to diversify revenue and growth and then create a balanced growth and development for the whole country,” he added.

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Tears as Lagbaja buried in Abuja

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Tears as Lagbaja buried in Abuja

Tears as Lagbaja buried in Abuja

 

Emotions ran high as the Chief of Army Staff, Lt. Gen. Taoreed Lagbaja, was laid to rest at the National Military Cemetery in Abuja, on Friday.

The ceremony brought together family, colleagues, and dignitaries to bid a final farewell to the late army chief.

The grief-stricken family members and colleagues struggled to contain their tears.

Even the nose mask worn by his widow, Mariya, couldn’t conceal the steady stream of tears that dropped from her eyes.

 

The procession began at precisely 3:00 p.m. when Lagbaja’s remains arrived at the cemetery.

President Bola Tinubu, Vice President Kashim Shettima, Senate President Godswill Akpabio, Chief of Defence Staff, Gen. Christopher Musa, Minister of Defence, Mohammed Badaru, and the Inspector General of Police, Kayode Egbetokun, each took turns laying wreaths at the grave.

Speaking at the event, the Chief of Defence Staff, Musa, assured Nigerians that Lagbaja’s death would inspire the military to defeat the nation’s enemies wherever they may be.

 

Musa stated that the military took solace in the fact that the late army chief lived a purposeful life, urging the troops to honour his memory by committing themselves to the ideals he stood for.

Musa said, “We will not leave you alone. We know your loss is immeasurable, but please take solace in knowing that he lived a life of purpose and left behind a legacy that will never fade. To my fellow officers and men, let us use this moment to recommit ourselves to the ideas for which General Labaja stood for.

“Let us ensure that his sacrifice and service continue to guide our steps as we defend this great nation. We are going to use his passing away to resolve further to defeat all enemies of the state, wherever they are, whether within or outside. As we lower him today into the embrace of the earth, let us raise our voices in prayer and gratitude for a life well lived. “

Reflecting on Lagbaja’s tenure, Musa noted that he took bold and decisive actions against terrorists, bandits, and other threats.

He said, “His tenure was marked by decisive actions against insurgency, banditry, and other threats to our nation’s peace. His efforts significantly enhanced the operational readiness and the morale of the Nigerian Army. But beyond his professional achievement, General Labaja was a man of profound faith, kindness, and humility.

 

“His commitment to safeguarding our nation’s sovereignty and ensuring the security of our citizens was unwavering. From his early days as a young officer to his ascension to the esteemed office of the Chief of Army Staff, General Lagbaja consistently demonstrated a rare blend of intellect, bravery, and humanity. He understood the complexities of modern warfare and the need for innovation in our strategies.

“Yet, he never lost sight of the human element, the men and women who serve under the flag and the citizens whose freedom they defend.

 

In his remarks, the Minister of Defence, Muhammed Badaru, said Lagbaja embodied the core values of soldiering and served Nigeria without reservation for over 30 years.

Badaru said the late army chief was not only courageous but also an inspiring leader who lived from the front, exemplifying his tedious dedication to the service of the nation.

At the event, Tinubu conferred a posthumous national honour, Commander of the Federal Republic, on Lagbaja.

Tinubu said the conferment was to appreciate Lagbaja’s service to the nation.

The President described Lagbaja as one of his best appointees.

He said, “Lagabaja was a true soldier, a general and officer who symbolised the best of his profession and whose commitment to the nation he loved was singular and undiluted.

“He was more than I could have hoped for. He was one of my best appointments. Lieutenant General Lagbaja embodied the finest ideas of a patriot and a soldier. He had an abiding faith in the capability and readiness of our armed forces to save and keep us”.

Tinubu described Lagbaja as a trusted advisor, adding that he was a man of prudent action who cared about the nation and the men who served under him.

“He displayed uncommon valor in the charge of his duty and the administration of the rank and file for he cared about their welfare and that of their families.

“For me, he was a trusted advisor whose formidable intellect and breadth of knowledge served this nation well,” he added.

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How My South African Partner Duped Me Of $3.5 Million— Murray-Bruce

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How my South African Partner Duped Me Of $3.5 Million — Murray-Bruce

How My South African Partner Duped Me Of $3.5 Million— Murray-Bruce

 

The founder of the Silverbird Group, Ben Murray-Bruce, has narrated how his South African partner defrauded him of $3.5 million on the purchase of a cinema complex in Kenya.

Though he did not mention his partner’s name, he recalled that by making a bank transfer of the said sum, the South African registered the business in his name.

The former Senator representing Bayelsa East Senatorial District stated this during the fourth edition of the Peace Anyiam-Osigwe Nigeria Digital Content Regulation Conference, held in Victoria Island, Lagos State, on Thursday.

He said, “I was called to buy a cinema complex in Kenya for $3.5 million. I transferred the money and my South African partner registered it in his name. That was how I lost that huge investment.

“I have a studio in Los Angeles and I am battling with litigation with one of the most prominent actors in Hollywood.”

The media business mogul expressed his interest in movie production, adding that while he’s currently working on a movie script, the movie would address fundamental issues in society.

He stressed the significance of promoting creativity as he recalled that some time ago, while he went to the Ajegunle part of Lagos, he saw some kids fighting.

Murray-Bruce noted that the kids — “future leaders” were “learning how to be tough. But some people see them as crooks. Leaders of entertainment in the US today were born in their Ajegunle.

“The entertainment industry is a very successful one. In all the things I have done, I have never made one move about movie making but now, I will. I am working on a script and I know we will get it right. We will deal with fundamental issues.”

The death of Anyiam-Osigwe, a prominent Nigerian filmmaker and founder of the African Movie Academy Awards, was announced on January 10, 2023.

The former lawmaker also paid tribute to the late Anyiam-Osigwe, recalling how she used to visit him in his house on her bicycle.

“Peace came to my house one day and asked me why I abandoned entertainment and became a politician. I have known her since she was six years old. She used to come to our house on her bicycle. Her brothers also used to come riding theirs,” he said.

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“If You Don’t Like the Life You’re Living, Change It” By Prudent Ludidi

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Prudent Ludidi on Consequences of Unhealed Emotional Pain and Trauma

“If You Don’t Like the Life You’re Living, Change It” By Prudent Ludidi

 

Let’s talk about a simple yet powerful truth, if you don’t like the life you’re living, change it.

These five words hold the key to unlocking a happy and fulfilled life.

But how often do we forget that we have the power to create the life we want?

We get stuck in routines, relationships, and careers that drain our energy and dull our spark. We convince ourselves that this is just the way life is supposed to be. That we’re supposed to struggle, stress, and settle. But I’m here to tell you that’s not true. You have the power to change your life.

Think about it. You wake up every morning with a choice. A choice to stay in bed or get up and start anew. A choice to complain about your circumstances or take action to change them. A choice to let fear hold you back or push past it and take a leap of faith.

But change can be scary. It’s uncomfortable. It’s uncertain. And that’s exactly why most people don’t do it. They’d rather stick with what they know, even if it’s not working, than risk the unknown. But I ask you, what’s the cost of staying stuck? What’s the cost of living a life that doesn’t align with your values, passions, and dreams?

The truth is, you have the power to create the life you want. You have the power to pursue your passions, nurture meaningful relationships, and live a life that truly reflects who you are. So, what’s holding you back? Is it fear? Doubt? Comfort? Whatever it is, let me tell you, it’s not worth it.

You deserve to live a life that makes you feel alive. A life that makes you feel proud. A life that makes you feel fulfilled. So, take the first step today. Take a deep breath, let go of your fears, and start creating the life you want.

Start small. Make one change. Take one risk. Have one conversation. And watch how your life begins to shift. Watch how your confidence grows. Watch how your happiness increases.

Remember, if you don’t like the life you’re living, change it. You have the power. You have the strength. And you have the resilience. So, go out there and create the life you deserve!

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