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Real reason I invited Osinbajo to London – President Buhari reveals

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PRESIDENT Muhammadu Buhari on Friday met with governors of the 36 states of the federation, revealing that he invited Vice Yemi Osinbajo to London in July to thank him for the way he ran the country in the president’s absence.

He told the governors that Osinbajo applied his intellect to administer the country commendably prompting him to invite Osinbajo to London to personally thank him.

“The efforts by the vice president are commendable. He used his intellect to run all over the place. I was seeing him 24 hours on NTA. I congratulate him. I allowed him to come and see me to thank him personally for what he has done,” Buhari explained.

Osinbajo on July 11 made a 24 hours return trip to meet President Buhari who was on medical vacation at Abuja House in London.

The president maintained that while he was away, he closely monitored events particularly in that states and was happy with the way the governors tackled the issue of inadequate food production as high food import was taking its toll on the naira.

Buhari explained that the devaluation of the naira was not his government’s making, noting that even though it may not be a comfortable development, there was nothing that could be done about it.

He said: “I had so much time to watch television, NTA, I heard so much information about the states. I am very pleased with the states, you are all doing your best and it is proving to be good enough on agriculture and solid minerals. You are succeeding in agriculture because I think people cannot afford foreign food.

“The devaluation of the Naira is not my making; it may not favour us but it is something we cannot change. Some people were asking me if we should be stricter on the border, but I want to thank God this year is better than what it used to be.”

The president mocked the ResumeOrResign group who protested against his presence in the U.K.

He said now that he was back to the country, members of the group especially those who do not pay taxes to the U.K. government should consider returning home or get caught by the implications of Brexit.

Brexit is the term for the United Kingdom’s intended withdrawal from the European Union (E.U.).

He advised them to consider the implications and make plans to return home.

According to him, those that have plans to sell their properties should consider bringing some home to help the Nigerian economy.

Buhari said: “I’m very happy with the national prayers it was very well covered and reported, across religions and ethnicity, people were praying. In fact some groups in London came and sang the national anthem and asked that I should go back home, indeed I have come back home.

“I hope those who went there are not stuck there, they should come back and join us, those that are stuck there with the Brexit, I hope they have weighed the implications that it won’t affect them including those that have properties there, those who are not paying tax here. I hope when they sell their properties there they will bring some of the money here. We need it very badly here.”

The President said the visit of the governors has boosted his morale, adding: “I thank you very much. My morale have been raised greatly by the love shown to me and the security of the country.”

The Chairman of Nigeria Governors Forum (NGF) and Governor of Zamfara, Abdulaziz Yari, in his remarks observed that the Buhari administration has enabled state governments that hitherto could not pay workers’ salaries to meet up with their obligations.

He added that the bailouts and the refund of the Paris Club funds authorized by the president have helped to cushion the effects of recession in the states.

Kogi Governor, Yahaya Bello, expressed happiness with the improvement of Buhari’s health.

He said: “Our President went to take care of his heath and now he is back healthy and healthier than before. We are here to appreciate him. We thank almighty God that he is back safely.

“We equally thank his able lieutenant, Professor Yemi Osinbajo who held the country firm in his absence. That is the demonstration of team work.

“It has equally shown that Nigerians selected the best and elected the best in 2015 general election and today Nigeria is better for it.

“He is back we are celebrating life. We are celebrating health.”

In his remarks to State House correspondents later, Governor Simon Lalong of Plateau state, said governors were happy about the president’s return.

He said: “You can see some level of enthusiasm and happiness on the faces of all the governors. That is to say all of us were anxiously waiting for the return of our dear President.

“You saw it today, the President went around to greet all of us and you can see he has come back healthier than when he left.

“Our prayer is that God will continue to guide Mr President and also the challenges of governance in Nigeria, he will give him that good strength and good heath to solve the problems of the nation.

“With him back, everything is taking shape again. This is not to say the acting president was not doing well.

“Our Acting President, we must commend him. In the absence of the president, there was not vacuum because the acting president filled in the gap and did his best up to this moment and showed absolute loyalty both to the nation and Mr President.

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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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