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Our Key members are being targeted and marked for death by APC – PDP cries out

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PDP-APC-Elections

 

 

The Peoples Democratic Party (PDP) has alleged that some of its key members are currently being targeted and marked for death by the All Progressives Congress (APC).

This was disclosed in a statement by Chief Olisa Metuh, the national publicity secretary of the PDP in a press conference to address the alleged assassination attempt on Deputy Senate President Ike Ekweremadu.

Addressing newsmen, Metuh alleged that Ekweremadu was not the only PDP member targeted, and other key members allegedly marked for death include Uche Secondus, the acting national chairman of the party, Dr. Haliru Bello, the acting national chairman of the Board of Trustees, Sen Godswill Akpabio, the Senate minority leader, and Hon. Leo Ogor, the minority leader in House of Representatives, among others, Leadership reports.

 

He said: “As you are aware, on Tuesday, November 17, there was brazen attempt at the life of Ekweremadu on his way to work bringing to the fore fears that the era of political assassination may have returned to our dear country.

“We had also informed Nigerians that key PDP leaders were being trailed and that the government should be held responsible should any of them suddenly become victim of ‘terror attacks’, unexplained accidents, kidnapped or suddenly killed by ‘armed robbers’.

“Nigerians are witnesses to the growing draconian proclivity of this government, the increasing muzzling of opposition using security forces, judicial persecution and other devious means aimed at decimating our party to pave way for the imposition of one-party state, all in the desperate bid by this particular regime to forcefully retain power in 2019.

“The PDP does not mince words in holding the APC responsible for the Tuesday attempt on the life of the Deputy Senate President. As you are well aware, APC leaders have not hidden their bitterness and resentment towards Senator Ekweremadu, whose offense is the privilege of being elected as Deputy Senate President, in line with the Standing Rules of the Senate and provisions of the Constitution of the Federal Republic of Nigeria.

“Is it not shocking that Senator Oluremi Tinubu , in furtherance of their plan to take over the office of the Deputy Senate President, went ahead at plenary today to occupy his seat and attempted to assume the duties associated with that office

“Intelligence information available to us however indicates that Senator Ekweremadu is not an isolated target, as notable PDP leaders, including our Acting BOT Chairman, Bello Haliru Mohammed, Acting National Chairman, Prince Uche Secondus National Secretary, Prof. Adewale Oladipo and members of the National Working Committee, Senate Minority Leader, Senator Godswill Akpabio, House Minority leader, Hon. Leo Ogoh among others have also been penciled down for assassination.

“We have further information that some desperate power-mongers close to President Muhammadu Buhari, particularly those privy to his interest to contest the 2019 presidential election, and who have been reading his body language against the opposition, have gone ahead to establish a killer squad to wipe off strong opposition, deeming such a service to the President.

“This killer squad, our intelligence further revealed, has key marksmen recruited from within and outside the country with directives to trail, track down and hit strategic opposition elements and instill fear among PDP members.

“Additionally, we have verified reports from our elected members, especially those in the National Assembly that agents of the APC and the government have been approaching and threatening them to join their party or face victimization should they refuse.

“We therefore want the international community to note this ugly development in our country and hold the government responsible should any unexplained harm befall any PDP leader. This government should be held responsible should any PDP leader be visited by ‘armed robbers’.

“The PDP hereby draws the attention of President Muhammadu Buhari to this disturbing development as the onus lies on his to come our clear and moderate the political temperature of the country by calling his overbearing party members and security officials to order.”

Metuh also stated that the ordering of the arrest of the former national security adviser (NSA) Sambo Dansuki, was based on the verdict of a subjective administrative panel, which was present to indict him.

The PDP spokesman further warned about the manipulation of the Kogi and Bayelsa governorship elections using the security forces and some compromised INEC officials and called on the Directorate of Military Intelligence to keep off issues concerning politicians.

According to him, the PDP has never raised any false alarm on national issues.

Uche Anichukwu, the dep‎uty Senate president’s spokesperson, said the attempt occurred on his way to work at about 10am between Apo Flyover and Dantata Construction Company’s yard, close to the Old Central Bank of Nigeria headquarters junction.

The suspected assassins reportedly operated in a tinted white-coloured Mercedez Benz AMG E63 without a plate number. The driver was a long-bearded light skinned foreigner, probably a mercenary, Anichukwu said.

 

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Holiday Relief: Dangote Refinery Lowers PMS Price to N899.50, Introduces Special Credit Offer

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Holiday Relief: Dangote Refinery Lowers PMS Price to N899.50, Introduces Special Credit Offer

Holiday Relief: Dangote Refinery Lowers PMS Price to N899.50, Introduces Special Credit Offer

In a bid to ease financial burdens during the holiday season, Dangote Petroleum Refinery has announced a reduction in the price of Premium Motor Spirit (PMS) to N899.50 per litre. This follows a previous price cut to N970 per litre on November 24. The move is aimed at reducing transportation costs for Nigerians as they prepare for festive celebrations.

Anthony Chiejina, Group Chief Branding and Communications Officer of Dangote Group, disclosed the development in a statement, highlighting additional benefits for consumers. Beyond the price reduction, the refinery is introducing a special credit offer. For every litre of PMS purchased on a cash basis, consumers can buy an additional litre on credit, supported by a bank guarantee from Access Bank, First Bank, or Zenith Bank.

“To help reduce transport expenses this holiday season, we’re offering PMS at N899.50 per litre and providing a credit option for additional purchases. This is part of our commitment to making high-quality petroleum products accessible to Nigerians,” Chiejina said.

The refinery also reaffirmed its commitment to providing premium-quality, environmentally-friendly fuel, while ending Nigeria’s dependence on substandard imported products.

With a capacity of 650,000 barrels per day, the Dangote Refinery is the largest single-train refinery in the world, capable of meeting Nigeria’s entire refined petroleum product demand and generating surplus for export. As the festive season approaches, the company expressed gratitude to Nigerians for their support and pledged continued efforts to ease their economic burdens.

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Setting the Record Straight: Clarifying NNPCL’s Role in the Dangote Refinery Investment

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General Buratai Urges Dangote Not To Succumb To Marketers Blackmail, Reveals Why

Setting the Record Straight: Clarifying NNPCL’s Role in the Dangote Refinery Investment

We have received numerous inquiries from the media and concerned stakeholders seeking clarification regarding a recent report attributed to the Nigerian National Petroleum Company Limited (NNPCL). The report suggested that NNPCL’s decision to secure a $1 billion loan backed by its crude was instrumental in supporting the Dangote Refinery during liquidity challenges.

Setting the Record Straight: Clarifying NNPCL's Role in the Dangote Refinery Investment

We wish to categorically state that this narrative is a misrepresentation of the facts. The $1 billion referenced constitutes just about 5% of the total investment in building the Dangote Refinery.

Our partnership with NNPCL was established based on their strategic importance as the largest offtaker of Nigerian crude and, at the time, the sole supplier of gasoline into Nigeria. As part of this agreement, a 20% stake in the refinery was valued at $2.76 billion. Of this amount, NNPCL agreed to pay $1 billion upfront, while the remaining balance was structured to be recovered over five years through crude oil supply deductions and dividends.

If we had been facing liquidity challenges, such generous credit terms would not have been feasible. At the time of the agreement in 2021, the refinery was still in its pre-commissioning phase. Any claims suggesting financial struggles are inconsistent with the structure and nature of this agreement.

Regrettably, NNPCL was unable to meet its commitment to supply the agreed 300,000 barrels per day of crude oil due to pre-existing financial commitments tied to their crude cargoes. Given this, we extended a 12-month period for NNPCL to pay cash for the balance of their equity. However, they were unable to meet the deadline, which expired on June 30, 2024. Consequently, NNPCL’s equity stake in the refinery was adjusted to 7.24%.

It is therefore inaccurate to claim that NNPCL facilitated a $1 billion investment amid liquidity challenges. Their $1 billion investment secured a 7.24% ownership stake in the Dangote Refinery, a strategic partnership beneficial to their interests.

NNPCL remains a valued partner, and we urge all stakeholders to adhere to the facts and provide accurate information to ensure proper media representation for the benefit of all stakeholders and the public.

Anthony Chiejina
Group Chief Branding and Communications Officer
18th December, 2024

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MTN Contributes N200bn Monthly in VAT, Driving Tax Reform Debate

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MTN Contributes N200bn Monthly in VAT, Driving Tax Reform Debate

MTN Contributes N200bn Monthly in VAT, Driving Tax Reform Debate

 

MTN Nigeria, the nation’s largest telecom company, pays over N200 billion in Value Added Tax (VAT) monthly, making it the single biggest contributor to the country’s VAT revenue, according to Taiwo Oyedele, Chairman of the Presidential Fiscal Policy and Tax Reforms Committee.

Speaking at Channels Television’s Town Hall on Tax Reforms, Oyedele highlighted significant disparities in the current VAT allocation system, revealing that all VAT paid by MTN is credited solely to Lagos State, where the company’s headquarters is located, despite the fact that services generating this revenue are consumed nationwide.

“MTN is the largest contributor to VAT in Nigeria,” Oyedele stated. “They pay over N200bn every month, and the gap between them and the second-largest contributor is massive. However, all this VAT is currently allocated to Lagos, even as calls are made across states like Kano, the FCT, Ekiti, Edo, and Kebbi.”

As part of the ongoing tax reform efforts, the committee has proposed a new framework to ensure equitable distribution of VAT revenues based on consumption rather than the corporate headquarters’ location.

Under the proposed redistribution model, Lagos State, which now retains the full N200bn from MTN, would see its share reduced to around 20 per cent. The remaining revenue would be distributed more fairly among other states where the services are consumed.

“This adjustment ensures states where VAT is generated get their fair share,” Oyedele explained. “While Lagos State’s share decreases slightly, every other state stands to gain under the new system.”

The tax reform bill, designed to address inefficiencies and promote fairness in Nigeria’s fiscal policies, has sparked debate among stakeholders. Critics have accused the committee of advancing policies that may negatively impact certain regions.

Oyedele, however, dismissed these claims, arguing that the current system is flawed and in need of urgent correction. “If something is being done wrongly, how can Lagos State or anyone oppose reforms aimed at fixing it?” he questioned.

The proposed reforms, which include provisions for revenue redistribution and efficiency improvements, are seen as pivotal to ensuring fairness and sustainability in Nigeria’s tax system.

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