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MY ADVISE FOR EDO PEOPLE IN THIS COMING ELECTION – DR. SAMUEL OSAIGBOVOOGBEMUDIA

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Former two-time governor of old Bendel State, Dr. Samuel Osaigbovo Ogbemudia is an elder states man. Many people have been waiting to hear from him to know his stand on this forth coming election in Edo state. In this Exclusive Interview with SUNDAY ADEBAYO, he expresses his belief and assessments of the present Edo state government, and also analyze the likely outcome of the coming election… Excerpt.

 

 

 What is your assessment of the present Edo state government?

Well having been there by qualification, assessing them is that I have been there before and I know the problems and I understand some of their approaches taking the totality of what I know, the man, Adams Oshiomole has performed extremely well and that is why I decided to defend him, and that is why I give him all my support and that is why whatever he does, I look at it against the background of the difficulties which myself passed through. So from the point of view of development, he has done the best he could, but that doesn’t mean he could not do better maybe because there was not enough money.

 For those ones that you think he has not done well, was it that you were not able to brief him about the major problem of the Benin people when he came in?

There is no one that he has not done well, there is nothing I asked him to do that he didn’t do, after looking at the totality of the problems of what I experienced myself, Oshiomole has done wonderfully well.

 Looking  at the activities that trailed during the APC primary that lead to the emergence of Obaseki, do you think the party is united enough to win this election?

Well I cannot speak on that because I was not at the primary, secondly I only read about it in the newspaper and perhaps the rumor here and there by people who attended and those who didn’t attend and there was great variation between the story being tabled by those who attended and those who heard it, so we don’t know which one to believe, but my believe is that if people appreciate goodness in anybody, they should appreciate what Oshiomole has done in this state because if other previous governors have done as much, he would have gone higher than he did now. So far as I am concern I think that people if they look at what Oshiomole has done against the background of what people did in the past, they will vote for APC.

Now Obaseki promised that if he comes in, he is going to provide over 200,000 jobs but people were now speculating, asking the question that when he was the head of economic team in Edo state, he was not able to provide anything of such. Do you think in your own opinion, looking at the present governance with your approval of Oshiomole great performance, do you think Obaseki is up to the task of the promise he is making?

Firstly, Obaseki is not  in my view a politician, he is not a professional politician, he is a technocrat  and in his position as a technocrat, he has information on all the affairs of government, as to whether he could have done that as technocrat, advising the governor, the ultimate responsibility for the job to be done is that of the governor, he may have recommended and the governor did not see it as a priority, so you cannot blame him, when he comes from what I have had in discussion with him and I was convinced that he knew where the pendulum was swinging, he knew where he was going  because his objectives were very clear to him and he’s also not mindful of the fact that while he is looking straight at the objectives, there are many intervening obstacles, diversional obstacles on the way, and he is prepared to negotiate them. So it is that ability that gives him credit over his opponent.

Looking at when you used to be the governor of the old Bende, bringing together Edo state, Delta state and the couple of other states that you manage then, Things were going right, there was no much complain about running the government, but now what is your assessment of the crisis rocking PDP in Edo state right now?

The only word I’ve always used is mismanagement of victory, when a political party of substance going to election whether win, victory or defeat, must set up a committee to access their performance and see where things went wrong, whether PDP did it or not, I don’t know but not to my knowledge if they did, that notwithstanding its management of victory was not and I think too that the people themselves were tired of hearing the same voice every day, the issue of change came into focus.

Do you think pastor Osagie Ize Iyamu had the political sagacity to perform better than Oshiomole if he eventually becomes the governor of Edo state?

Pastor Osagie Ize Iyamu is my son, his father was my own father, so when the man was leaving, he said look after your son for me, pastor Osagie has tremendous energy unquestionable in credentials that he can use, but he is on a shaken platform, probably if he was in APC, there would be no problem, he would by now be celebrating, if he was in another party, probably he would be celebrating. But first, he had to kill two birds with one stone, he had to reactivate the reputation of the PDP and then take advantage of it to ask them to vote for him but he cannot do the two together because correcting the hills of the past and calling them to order, by the time they finish, the vote is over. But as a person you can’t beat him, he is a first class fellow and I will go with him anywhere.

So what you are telling us now is that come this election which is drawing close by, if past Ize Iyamu Can rectify some loop holes that you think  are the problems of PDP in Edo state, do you think he has a higher chance of becoming the next governor of Edo state?

If there are two people that he has to do this to, he has to do this to the elites who at their drinking base, they criticize not himself but his party, then he have to do it to the population, and those population, the majority, card bearers who can vote, the elites their voice he will hear so loud every day, they are minority, so it is not something you can do in one month or two month if he still remain in PDP correct the hills of the past, he will be on top but whether he can do everything together before next two month election is what I don’t know.

Okay recently when the PDP want to have their gathering at Ogbemudia Stadium, there was an information that the governor instruct that they don’t have their campaign at that stadium, do you have any idea ?

No I never heard , the truth is this that as at today the government is the caretaker and trustee of the  stadium, the stadium belong to the people, so it is for them to say yes, this man coming to the stadium, will it be in our own benefit or against us? So they take a decision and that in the decision influences the reply to its letter,  that is what it is. But I believe that when government refuse to allow them to organize at the stadium, the generality of the people who would normally have gone to the stadium didn’t feel too good about it, so they might decide to punish government for it, so you don’t know where the pendulum is swinging but its important for people like us, it should not have been rejected the refused to the use of the stadium because that will not add any much value to whatever they are doing, but by refusing it, it has added value to it.

How can you compare politics in Edo state, the way it is practiced now and the way it was practiced when you were priviledge to be at the realms of power?

Yes remember I was the governor at a time when I was a military officer, I was only on posting by the supreme headquarter to Benin. I didn’t win any election but when I came back and decided to seek election I won because I told them to allow me finish the unfinished job and they agreed and I won so comparing the two, you will find that there is quite monumental difference

What is your advice for Edo people in this drawing near election?

My advice is this, if what they told me in the past and with my experience that they want development, they don’t want their money to be spent paying lawyers and going to court every day, then they must pick the person whose chances are better because every person has a way of accessing , for example I had a meeting here yesterday and I said to them, here is a paper for about 200 people, write down which party you think we should affiliate with, since we are not in politics, they all wrote down, over 100 voted for one party, six voted for one, two voted for one. So if you sent such people to the poll, they will all vote for A, what is in their mind is different, and they will go there.

How far will you tell us you have gone with Samuel Ogbemudia foundation?

Good, over the years I have been a victim of diabetic and from tablets, I progress to insulin injection and I started this 1970 and I started injection 1980 and I didn’t want other people to suffer the same thing because of lack of information, more importantly the diet that can easily cure the problem. So I got together experts who are prepared to help, some of them in America, some in Canada and some in Great Britain. So we set up Ogbemudia foundation to purely accomplish three things, the first is good governance, the second is youth empowerment and detect its non-communicable diseases, from the diabetic information we are putting together and talking to people on what they need to know. Sometimes I address people and at the end of it, I tell if they have diabetics.  And it is going on gradually. But those who are going to help me are yet to come.

Since the beginning of the foundation, how much assistance or donations or help have you received from people that you have sent letters to or you can call to help curb fight the pulse?

We have not gone out, but the present Delta state government has been helpful. When he was coming, he brought a cheque of five million to the foundation, Oshiomole promised to help and am hoping that once the problem on hand is sorted out, he will do something. There are many people we’ve talk to, but we have not asked for help, and when I have got all those information and those visitors have come and put down what they can do, then I will know what I need and ask people to assist us.

So far will you say you have been receiving response from people in terms of visitation, and feedbacks?

Oh yes, a lot of people, our doctors go about talking to people, counseling them on what to use, and what to kind of food to eat because not everybody  can afford insulin of 11,000, to avoid insulin you must take diet that will perform  the same function.

 A diversion from the foundation now, if anybody look at you some people will still think daddy is 70 or 75, but even looking at your present health condition over the years and the fact that you can no longer walk and run the way you used to do some years ago, what would you say you’ve been doing that is making you looks so good like this sir?

Well, credits goes to that lady (pointed at his wife Mrs Yetunde Ogbemudia), but apart from that, In 1953, I was  admitted into hospital and the doctor diagnosed me of Amoebic dysentery  and I spent twenty one days, but when I had my accident in August 5, 2010, I break my leg and I have to move from one operation to another, and apart from that leg, well so far am alright, I can see, I can move about with my walking stick but better than it was a year ago, so gradually the thing is coming up, because the doctor told me that I am suffering from incurable disease and when I asked him, he said old age and he asked me whether I’ve seen anybody who cured old age, I said no then he must keep off with it.

Looking at how far you have come, when you were born till now, what would you advice the younger generations who are aiming higher to be in the position of good health and proper understanding with their creator, what will be your advice for them?

My advice is simple, when I was a boy, an elder cousin of mine pass his junior Cambridge, we had a wake keeping to thank God that he was able to get to that standard, but since then, there have been PHDs, nobody worries about it, we have made tremendous progress to the young men of today to be able to  catch  up and keep himself and family together, he must educate himself, because education has no age limits, that is the invoice of continuing education and it means that there is no end. Sometime ago, I witnessed the graduation of open university in London and one of the graduates was 94 years old, and when the press asked him at the age of 94, what are you still doing? He said I have always wanted to be educated. Sometime in 1969, I was the sole administrator of the Nigerian Airway and I advertised for an accountant and twenty five thousand people applied and we set up a criteria to screen the application  and we finally came to a hundred and we have to be looking for criteria to reduce it. But finally out of that hundred, there were six with master’s degree, there were two with a PHD, so what do you do, do you leave the PHD and take the first degree.  Nigeria should no longer rely on first degree; they should go further and specialize , when I was the governor, I told the  ministry of education , inform all the student ,anybody who comes out of the college with good result in WAEC because one boy from AGBOR had 7As and that’s an automatic scholarship, if you got a first class from a university degree, you get automatic scholarship to study for higher degree because the Nigeria of tomorrow is going to be very competitive and it has started, so the youth must learn to concentrate on their studies, stop fighting until they have reach the ultimate.

Would you say you are fulfilled in life?

I am fully fulfilled in many ways, first I never thought that I will ever get here till now. One gentle man brought his insurance paper to me in 1960, he said it will mature in 1975 it was 15 years away and I said I wont take because fifteen years is too far , but eventually I was quest to pay into bank in order to insure myself , on a date in 1975 I received a letter , it said your insurance is due, where do you want the money to be paid into, I regretted not putting  more but I never thought I will witness it mature, two, I never dreamt that one day I will be a governor of a state, Benin state for that matter. three I never thought when I join the army I will be a general , I merely go there to go and do my own work  and God was kind to me and they move me forward and fast. I have had children and God has been kind, not one of them has ever been admitted in the hospital, no one is sick. Where I live, this house I inherited it from my mother and I live here, I did my governor job from this very table so what else do I want, all I have gotten didn’t mean anything to my children because they all live at home but my other colleague were told to handover the government house within 24 hours to the new governor, but it didn’t happen to me because I just took my own briefcase and return back to my house where I operated from.

 

 

Business

FirstBank Makes Home Ownership Possible for Nigerians with Single-Digit Interest Rate Loan

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FirstBank Makes Home Ownership Possible for Nigerians with Single-Digit Interest Rate Loan

For millions of Nigerians, homeownership has long felt like an ambition deferred. Squeezed by rising property prices, persistent double-digit inflation and high commercial lending rates, the dream of owning a home has remained just that – a dream.

But that narrative is quietly changing. Thanks to FirstBank.

The N1 Trillion Intervention Reshaping Access

In partnership with the Ministry of Finance Incorporated Real Estate Investment Fund (MREIF), FirstBank has unveiled a mortgage opportunity that could redefine access to housing finance in Nigeria.

Backed by the Federal Government’s N1trillion mortgage fund, the initiative is designed to empower Nigerians with affordable, long-term credit to own their homes.

9.75% Interest Rate in a 30% Lending Environment

MREIF is priced at 9.75% per annum, dramatically lower than prevailing commercial loan rates. Eligible Nigerians can access up to N100 million and repay within 20 years. This translates into significantly more manageable monthly repayments and greater long-term financial stability.

Built for Salary Earners, Entrepreneurs and the Diaspora

The MREIF mortgage facility has been structured to be inclusive. It is available to salary account holders, business owners and diaspora customers. Whether you are a young professional aiming to exit the rent cycle, an entrepreneur building generational stability, or you’re a Nigerian abroad looking to secure assets locally, the product opens a pathway that has historically been out of reach for many.

 

Taking the First Step

For those who have been waiting for the right time, this is definitely it. The question is no longer whether homeownership is possible. The real question is: will you act before the window narrows?

Visit https://www.firstbanknigeria.com/personal/loans/mreif-home-loan/ and in no time you could be the latest homeowner in town.

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Alpha Morgan Bank Deepens Presence in Abuja with New Branch in Utako

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Alpha Morgan Bank Deepens Presence in Abuja with New Branch in Utako

 

Marking another milestone in its expansion drive, Alpha Morgan Bank has opened a new branch in Utako, Abuja, reinforcing its strategy of building closer institutional ties within key business communities and bringing its financial expertise closer to individuals, and enterprises driving the city’s growth.

 

 

The new branch, located at Plot 1121 Obafemi Awolowo Way, Utako, Abuja is strategically positioned to serve individuals, entrepreneurs, and corporate clients within Utako and surrounding districts.

 

 

The expansion follows the Bank’s recently concluded Economic Review Webinar held in February 2026, as the bank continues to position as a thought-leader in the financial services industry.

 

 

Speaking on the opening, Ade Buraimo, Managing Director of Alpha Morgan Bank, said the move underscores the Bank’s commitment to accessibility and service excellence.

 

 

“Proximity matters in banking. As communities grow and commercial activity expands, financial institutions also evolve to meet customers where they are. The Utako Branch allows us to deliver our services to people in that community efficiently while maintaining the high standards our customers expect,”

 

 

The Utako location will provide a full suite of retail and corporate banking services, including account opening, deposits, transfers, business banking solutions, and financial advisory support.

 

 

Customers and members of the public are invited to visit the new Utako Branch to experience the Bank’s approach to satisfying banking.

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Dangote Refinery Prioritises Domestic Supply Amid Global Energy Turbulence

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Dangote Refinery Prioritises Domestic Supply Amid Global Energy Turbulence

By George Omagbemi Sylvester | Published by SaharaWeeklyNG 

“Nigeria insulated from international fuel shocks as Dangote Petroleum commits to uninterrupted local delivery.”

 

Dangote Petroleum Refinery and Petrochemicals has reaffirmed its commitment to prioritising the domestic market, pledging to shield Nigerians from the ripple effects of ongoing global energy disruptions. The assurance, delivered in Lagos on 5 March 2026, comes as international refinery operations experience shutdowns or reduced output due to escalating Middle East geopolitical tensions, which have sent crude oil and petroleum product prices soaring worldwide.

 

“Our mandate remains clear: Nigeria’s local market takes precedence. In times of global supply shocks, we will continue to ensure that domestic availability of petrol, diesel, and kerosene is uninterrupted,” said Mr. Folorunsho Alakija, spokesperson for Dangote Petroleum Refinery.

 

The refinery’s declaration arrives amid mounting concerns over fuel scarcity, triggered by export restrictions imposed by major international producers, including China, and shipping delays that have further tightened global petroleum supply chains. Industry analysts have hailed the domestic focus as a critical buffer against volatility that could otherwise push Nigeria into deeper energy insecurity.

 

Domestic Shield Against Global Disruption

Dangote Refinery, Africa’s largest oil processing facility, has leveraged its multi-million-barrel refining capacity to mitigate Nigeria’s historical dependence on imported petroleum products. The company emphasised that prioritising local supply provides a strategic advantage in insulating the nation from international market shocks.

 

“Our refinery’s scale allows Nigeria to withstand short-term external disruptions. We have the infrastructure and capacity to meet local demand even when global supply chains falter,” explained Mr. Chijioke Okonkwo, Operations Director at Dangote Refinery.

 

The proactive approach is particularly significant as several international refineries have either reduced throughput or temporarily halted operations, causing a global scarcity of refined products. Experts warn that without domestic cushioning, fuel prices in Nigeria could have surged sharply, exacerbating inflationary pressures in a fragile economy.

 

Managing Costs While Prioritising Supply

In response to rising procurement costs for crude oil amid the international crisis, Dangote Refinery introduced a modest ₦100 per litre increase in the ex-depot price of Premium Motor Spirit (PMS), absorbing roughly 20 percent of the cost escalation to lessen the impact on consumers.

 

“We are balancing operational sustainability with affordability. While global prices have risen sharply, we have chosen to absorb a significant portion to protect Nigerian households and businesses,” noted Mr. Emmanuel Adeyemi, Chief Finance Officer.

 

This pricing strategy underscores the refinery’s dual focus: ensuring uninterrupted supply while cushioning the public from abrupt spikes that could destabilize economic activity. Industry observers have lauded the approach as pragmatic, considering the volatility in international oil markets.

 

Strategic Distribution Initiatives

Beyond refining, Dangote Petroleum has initiated Compressed Natural Gas (CNG) powered trucks to enhance nationwide distribution efficiency. The initiative seeks to reduce logistics costs and carbon emissions while ensuring a more reliable delivery network to petrol stations across urban and rural areas.

 

“Logistics is a critical part of the energy supply chain. By deploying CNG-powered trucks, we reduce dependency on expensive diesel, lower delivery costs, and improve supply reliability across the country,” explained Ms. Funke Adedoyin, Head of Logistics Operations.

 

This strategic move reflects a broader commitment to modernising Nigeria’s petroleum distribution infrastructure, reducing bottlenecks that have historically contributed to scarcity at retail outlets.

 

Implications for National Energy Security

Nigeria has historically struggled with fuel imports to meet domestic demand, making the country vulnerable to international market fluctuations. Dangote Refinery’s prioritisation of local supply mitigates this vulnerability by leveraging home-grown refining capacity, which allows for timely access to petroleum products and less reliance on foreign shipments.

 

“With Dangote Refinery leading local prioritisation, Nigeria is less exposed to global fuel shocks. The country is moving towards self-reliance in petroleum product supply,” commented Dr. Halima Suleiman, energy sector analyst.

 

Experts note that sustained operations at the refinery not only enhance energy security but also preserve foreign exchange, reduce import bills, and stabilise domestic market prices.

 

Corporate Social Responsibility and Market Stability

The refinery’s commitment is part of a broader corporate responsibility framework. Dangote Petroleum continues to engage with government agencies and regulatory bodies, ensuring that domestic supply is coordinated with Nigeria’s Petroleum Product Pricing and Regulatory Agency (PPPRA) to prevent panic buying and market distortions.

 

“We are in constant consultation with the government to ensure that our supply strategies align with national economic priorities,” said Mr. Alakija.

 

Such collaboration helps avert artificial shortages, stabilises pump prices, and maintains confidence in the domestic fuel market. Analysts argue that this approach exemplifies how private sector capabilities can complement governmental policies to enhance national resilience.

 

Navigating Global Uncertainties

The refinery operates in a complex global environment, where geopolitical crises, shipping constraints, and crude oil volatility can trigger disruptions. Dangote Petroleum’s domestic-first approach positions Nigeria to weather such crises more effectively.

 

“Global uncertainties are unavoidable, but our infrastructure and strategy ensure that Nigerians remain insulated from immediate shocks,” said Mr. Okonkwo.

 

This emphasis on resilience aligns with global best practices, where national refining capacity is leveraged to protect local markets from international supply disruptions.

 

Stakeholder Reactions

The government, civil society, and industry stakeholders have welcomed Dangote Petroleum’s strategy. Officials from the Federal Ministry of Petroleum Resources noted that prioritising local supply aligns with Nigeria’s energy security policies and reduces the burden of foreign exchange expenditures on crude imports.

 

“Dangote Refinery is demonstrating leadership. Its domestic prioritisation ensures that the Nigerian economy remains insulated during turbulent global markets,” said Dr. Tunji Olumide, Special Adviser on Energy.

 

Consumers have also expressed cautious optimism. Retail operators and commuters reported steadier fuel availability in Lagos and other cities, though concerns remain about sustained pricing and distribution efficiency.

 

The Road Ahead

While Dangote Refinery’s strategy provides immediate relief, experts argue that long-term stability requires further investments in alternative energy, diversified refining infrastructure, and strategic reserves. This ensures that Nigeria can withstand global shocks without relying excessively on imports or temporary supply adjustments.

 

“Short-term measures like prioritising local supply are critical, but long-term energy security demands diversification, renewables adoption, and consistent policy implementation,” said Dr. Suleiman.

 

The refinery is exploring additional initiatives, including expanding storage capacity, upgrading pipeline networks, and adopting technology-driven monitoring systems to ensure supply continuity across the country.

 

Final Take

By prioritising domestic fuel supply amid global market turbulence, Dangote Petroleum Refinery and Petrochemicals has demonstrated its role as a stabilising force in Nigeria’s energy sector. Through strategic logistics, modest pricing adjustments, and engagement with government regulators, the refinery is insulating the nation from international shocks while maintaining operational sustainability.

 

“Our responsibility extends beyond profitability; it’s about ensuring Nigerians have reliable access to essential fuel. We take that mandate seriously,” concluded Mr. Adeyemi.

 

The refinery’s actions offer a blueprint for how large-scale domestic capacity can protect national economies in times of global energy instability, underscoring the critical intersection of private sector resilience, public policy, and national energy security.

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