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PASEDA BEMOANS LACK OF CONTINUITY IN GOVERNANCE  ……urges President Buhari to make political office less profitable

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The Ogun State governorship candidate, Unity Party of Nigeria (UPN) in the last general elections, Otunba Olatunde Rotimi Paseda has berated political leaders in the country for their overzealousness and lack of continuity in the style of governance.

Otunba Paseda stressed that, Nigeria’s politicians are not matured enough to be managing the nurtured democracy gained by the earliest nationalists like Dr. Nnamdi Azikwe, Chief Obafemi Awolowo, Alh. Tafawa Balewa and others.

The business merchant cum politician who addressed journalists at the weekend during the 31st Sagamu Day Celebration, held at Makun High School, Sagamu, Ogun State, said the way political gladiators in the country were practicing democracy does not portray Nigeria as a developing country, and worthy to be called giant of Africa.

“I totally disagree with the way politics is being played in Nigeria. My style of politics differs from what is being played out among our political gladiators in the country today.

“Governance is a continuum. It does not matter who or which party that comes in, we must be able to bridge the lapses of the outgone government, rather than defacing or annihilate past administrations projects.

“It is mockery to our style of governance in the country and turning it into shambles, thus, making us laughing stock before the outside world.”

The Omu-Ijebu Prince therefore applauded President Muhammadu Buhari for his bold step towards ensuring stable economy for the country, urging him to make politics less competitive and unprofitable for political office holders.

He said this would stabilize and balance the polity, as only politicians who are ready to serve the country selflessly would show interest.

“Though, as a businessman, I’m affected by Buhari’s economy policies, because our credit cards now has limitation to amount of money it can transfer or carry around, but at the end, the benefits are enormous.

“I am surprised and happy as well when the President said, the country is financially constrained to pay 49 ministers. He should go beyond that, the President should make political office nonprofitable and less competitive, so that people don’t go there to make money.

“How would somebody go into politics,  without a job career? Politicians in foreign countries have their businesses before dabble into politics, they only collect attendance allowances not as we have it here”.

Prince Rotimi Paseda however, took a swipe at the Ogun State Government for handling the burial arrangement of late Mrs. Hannah Idowu Awolowo with  politics.

Paseda said the state government is not doing enough to honour the Matriarch, rather frustrating efforts of indigenes of the state to immortalise the late Chief  Awolowo’s wife.

He accused the State Government for removing the monumental billboard he did in honour of the late Matriarch, describing it as barbaric and disrespect for the Awolowo family.

“I’m not bothered about the removal of my billboard I did in honour of Mama H.I.D Awolowo. I want to put it on record that, I paid all the required fees demanded by the Ogun State Advertising Agency before the billboard was erected. So, for someone in the government to have said the billboard is causing environmental hazard is barbaric and insult to Mama H.I.D Awolowo we are celebrating.

“If the state government actually wanted to celebrate and immortalize the late icon as they claimed, they shouldn’t be bothered about other people’s efforts to do so.

“They believe they are attacking Paseda or they don’t want to see my face, but they have forgotten that, the billboard in question was for Mama H.I.D, so it is not me they are attacking or insulting, they are insulting the late woman and Awolowo’s family entire. The death of Mama is not Ogun State issue alone, but national affairs.”

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Dangote Hails Tinubu on Impact of Crude for Naira Swap Deal

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Dangote Hails Tinubu on Impact of Crude for Naira Swap Deal

 

 

…As Dangote Refinery partners MRS to sell PMS at N935 per litre nationwide at its retail outlets

 

 

Sahara Weekly Unveils That The Foremost entrepreneur and President of the Dangote Industries Limited, Aliko Dangote has commended President Bola Ahmed Tinubu for the positive impact of the naira for crude swap deal on the Nigerian economy, which has led to reduction in prices of petroleum products in the country.

 

Dangote Hails Tinubu on Impact of Crude for Naira Swap Deal

 

To provide succour to Nigerians, Dangote recently reduced the price of Premium Motor Spirit (PMS) from N970 to N899.50 at its Refinery loading gantry and provided generous credit terms to marketers.

 

 

“To ensure that this price reduction gets to the end consumer, we have signed a partnership with MRS to sell petrol from its retail outlets nationwide at N935 per litre” he added. This price has already commenced in Lagos, and it will be offered nationwide from Monday.

 

 

In his statement, he called on other oil marketers such as the NNPC Retail and all other marketers, “to work with us to ensure that Nigerians enjoy high-quality petrol at discounted prices.”

 

 

According to him, “The Dangote Refinery is for the benefit of Nigeria and Nigerians. We will therefore continue to work with various value chain players to deliver high quality petrol at cheaper prices. Our aim is for all Nigerians to have ready access to high quality petroleum products that are good for their vehicles, good for their health, and good for their pockets.

 

 

Recall that in September, the Federal Executive Council (FEC) under the leadership of Mr. President approved the sale of crude to local refineries in Naira and corresponding purchase of petroleum products in Naira. The move, which commenced on October 1, led to reduced pressure on the dollar and ensured the stability of the local currency.

 

 

Dangote thanked Nigerians for their unwavering support and the government for creating an enabling environment for the domestic refining industry.

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Port Harcourt Refinery Stays Active: NNPC Denounces Sabotage Rumors

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Port Harcourt Refinery Stays Active: NNPC Denounces Sabotage Rumors

NNPC Debunks Shutdown Rumors, Confirms Port Harcourt Refinery Fully Operational

 

The Nigerian National Petroleum Company Limited (NNPC Ltd) has dismissed reports circulating in certain media outlets claiming that the Old Port Harcourt Refinery, which was re-streamed two months ago, has been shut down.

In a statement released by Olufemi O. Soneye, the Chief Corporate Communications Officer of NNPC Ltd, the company clarified that the refinery is fully operational. The statement noted that the facility’s operational status was recently verified by former Group Managing Directors of NNPC during a site inspection.

“Preparation for the day’s loading operation is currently ongoing,” the statement confirmed, emphasizing that allegations of the refinery’s shutdown are baseless and intended to create panic or artificial scarcity in the fuel market.

NNPC Ltd urged members of the public to disregard such misleading reports, labeling them as the work of those seeking to exploit Nigerians.

The Old Port Harcourt Refinery has been in operation since its re-streaming, and the company remains committed to ensuring stability in the supply of petroleum products across the country.

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Nigerian Banks Donate Multimillion Naira Relief Materials to Jigawa Flood Victims

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Nigerian Banks Donate Multimillion Naira Relief Materials to Jigawa Flood Victims

In a show of solidarity, the Committee of Banks in Nigeria has extended a helping hand to victims of the September 2024 floods in Jigawa State. On Thursday, a high-profile delegation led by Dr. Oliver Alawuba, Chairman of the Committee and Group Managing Director/Chief Executive Officer of United Bank for Africa Plc (UBA), visited Dutse, the state capital, to present relief materials to the state government.
The donated items, worth several million Naira, included essential food supplies such as rice and cooking oil, along with mattresses and beverages. Dr. Alawuba highlighted that the gesture aimed to alleviate the hardship faced by flood victims and support critical institutions, especially public hospitals, in their efforts to assist those affected.
“We stand in solidarity with the people and government of Jigawa State during this difficult time. This donation is our way of expressing empathy and supporting those who have lost loved ones, properties, and livelihoods,” Dr. Alawuba stated.
The delegation included notable banking leaders such as Mr. Roosevelt Ogbonna of Access Bank Plc, Dame (Dr.) Adaora Umeoji of Zenith Bank Plc, and Dr. (Mrs.) Nneka Onyeali-Ikpe of Fidelity Bank Plc, among others. Their collective presence underscored the banking sector’s commitment to corporate social responsibility and national development.
Governor Malam Umar A. Namadi expressed profound gratitude for the donation, describing the visit as a rare and commendable act of compassion. He assured the delegation that the relief materials would be judiciously distributed to the intended beneficiaries, emphasizing the importance of partnerships in rebuilding lives and communities.
The Committee of Banks also reiterated their commitment to supporting Nigerians during emergencies, drawing attention to previous interventions, including relief efforts during the 2011 and 2013 floods, the COVID-19 pandemic, and security initiatives like the Lagos State Security Trust Fund.
This humanitarian gesture reflects the collective resolve of Nigeria’s financial institutions to foster social and economic growth, making a meaningful impact in times of need.
Nigerian Banks Donate Multimillion Naira Relief Materials to Jigawa Flood Victims

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