Connect with us

news

I may write another letter, says Obasanjo

Published

on

Former President Olusegun Obasanjo on Thursday revealed that he would write another explosive letter on burning national issues, but said it will take a little while.

Obasanjo also said that the Coalition for Nigeria Movement (CNM) was making an appreciable progress in mobilising Nigerians ahead of 2019, saying over 3,000,000 people, including himself, had so far registered as members.

The Ebora – Owu who is the chief promoter of CNM, said the movement would make an inroad into the grassroots across the country, reiterating that he would pull out if CNM morphs into a political party or sponsor persons for elective offices in future general elections.

The Octogenarian spoke at Victoria Island, Lagos, while fielding questions from women at the 14th annual lecture of the Women in Management, Business and Public Service(WimBiz), a non – governmental organization.

The lecture is themed : Press for Progress: Women in Politics and Nation Building.

He noted that women have not done enough for themselves to take reasonable positions in the nation’s political space, stressing that they also should be adequately prepared, first put their feet right and be willing to pay the necessary price to witness the desired change.

He noted that there is no tradition or culture that encourages subjugation of women in Nigeria, but blamed the shortchanging of womenfolk in the scheme of things on “male chauvinism mentality and selfishness of men.”

According to him, nobody would concede a space to the other person unless it is fought for and won.

Obasanjo said experience had continued to show that when women are put in positions of responsibility, they do better and preached that they should be incorporated into all strata of leadership for nation building.

He explained that in his time as a young Nigerian, people had more opportunities but less facilities to take advantage of such opportunities contrary to what obtained today where Nigerians have more facilities but less opportunities to function or embrace.

He urged Nigerian women to take cue from America and prepare for politics, saying if being a woman alone was what it takes to succeed in political ambition, Mrs Hilary Clinton would be emerged the United States President today.

“If only womanhood was enough to get Mrs Hilary Clinton would have made it to the White House but she had a man(Donald Trump) who did what he could do to get to power.

” I don’t want or expect women to climb palm trees to harvest bunch of palm fruits. If anybody says he wants to see my mother climb palm trees, I will take a second look at that person but women must do what it takes to succeed in Nigerian political space.

“To you women, do not allow any body to build your world for you. Build your world for yourself. Yes, women need encouragement but they must do enough for themselves,” Obasanjo said

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

news

Update : FG confirms continuation of crude, refined product sales in Naira initiative, Says Wale Edu

Published

on

The Federal Government has confirmed the crude and refined product sales in Naira initiative remains a standing national policy and will continue indefinitely.

However, the policy will stay in place as long as it serves the public interest and supports Nigeria’s broader economic goals.

This assurance was contained in the official X (formerly Twitter) handle of the Federal Ministry of Finance on Wednesday morning amid growing inquiries on the status of the policy.

The Ministry stated the initiative, first approved by the Federal Executive Council (FEC), is a long-term strategic directive and not a short-term or provisional measure.

According to the Ministry, stakeholders have reconvened to reiterate their full support and ongoing commitment to ensuring the successful implementation of the initiative.

The policy, which mandates the transaction of crude oil and refined petroleum products in Naira, is aimed at strengthening the country’s economic sovereignty, enhancing local refining capacity, and stabilizing the foreign exchange market by reducing the demand for dollars in domestic petroleum transactions.

The Ministry explained that this policy is structured to foster energy security and encourage investment in domestic refining infrastructure.

“The Crude and Refined Product Sales in Naira initiative is not a temporary or time-bound intervention, but a key policy directive designed to support sustainable local refining, bolster energy security, and reduce reliance on foreign exchange in the domestic petroleum market,” the statement reads.

While acknowledging that the transition involves complexities, the government admitted that existing challenges are being systematically addressed.

“As with any major policy shift, the Committee acknowledges that implementation challenges may arise from time to time. However, such issues are being actively addressed through coordinated efforts among all parties,” the Ministry said.

To assess the progress made and address lingering implementation issues, the Technical Sub-Committee on the Crude and Refined Product Sales in Naira initiative held a review meeting on Tuesday. The gathering brought together key figures involved in the execution of the policy.

Among the attendees were the Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, who chairs the Implementation Committee; and the Executive Chairman of the Federal Inland Revenue Service (FIRS), Mr. Zacch Adedeji, who heads the Technical Sub-Committee.

Also present were the Chief Financial Officer of NNPC Limited, Mr. Dapo Segun; the Coordinator of NNPC Refineries; Management of NNPC Trading; representatives from the Dangote Petroleum Refinery and Petrochemicals; and senior officials from the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), the Central Bank of Nigeria (CBN), and the Nigerian Ports Authority (NPA). A representative from Afreximbank and the Secretary of the Committee, Hauwa Ibrahim, also attended.

This policy, which aligns with the government’s broader economic reform agenda, is expected to support local content development, ease pressure on Nigeria’s foreign reserves, and provide a more predictable pricing structure for refined petroleum products in the domestic market.

The presence of major players from both the public and private sectors at the meeting shows the scale of collaboration required to sustain the policy. It also reflects the growing confidence in Nigeria’s shift toward economic policies that prioritize local capacity and currency resilience.

Continue Reading

news

Breaking : TInubu appoints Bashir Ojulari as new CEO group of NNPC and GMD mele kyari get sacked, Says Onanuga

Published

on

President Bola Tinubu has sacked the board of the Nigerian National Petroleum Company (NNPC) including its Group Chief Executive Officer, Mele Kyari and board chairman Pius Akinyelure.

The decision, effective April 2, 2025, was announced in a statement by presidential spokesperson Bayo Onanuga.

President Tinubu cited the need for enhanced operational efficiency, restored investor confidence, and a more commercially viable NNPC as the driving forces behind the decision.

Invoking his powers under Section 59(2) of the Petroleum Industry Act (PIA) 2021, he reconstituted the board with new leadership aimed at repositioning NNPC Limited for greater productivity and alignment with global best practices.

Kyari was first appointed NNPC chief by former President Muhammadu Buhari but was reappointed in 2023 by President Tinubu.

As part of the overhaul, Bayo Ojulari takes over from Kyari as the new group CEO, while Ahmadu Musa Kida has been appointed as NNPC’s new non-executive chairman, replacing Pius Akinyelure. Also, Adedapo Segun has been confirmed as the company’s chief financial officer (CFO).

In line with the PIA, the president also appointed six non-executive directors from each geopolitical zone.

They include Bello Rabiu representing the north-west, Yusuf Usman from the north-east, and Babs Omotowa, a former managing director of the Nigerian Liquefied Natural Gas (NLNG), for the north-central.

Others are Austin Avuru for the south-south, David Ige for the south-west, and Henry Obih for the south-east.

Meanwhile, Lydia Shehu Jafiya, the permanent secretary of the federal ministry of finance, and Aminu Said Ahmed of the ministry of petroleum resources will represent their respective ministries on the new board.

“This restructuring is aimed at repositioning NNPC Limited for greater productivity and efficiency in line with global best practices. We are taking bold steps to transform the company into a more commercially driven and transparent entity,” the statement reads.

The changes take effect immediately, and the new board has been handed a strategic action plan, which includes a “review of NNPC-operated and Joint Venture Assets to ensure alignment with value maximisation objectives”.

Continue Reading

news

Tinubu commended Nandap for her leadership, extends Comptroller-General tenure till 2026, says Onanuga

Published

on

President Bola Tinubu has approved the extension of the tenure of the Comptroller-General of the Nigeria Immigration Service, Kemi Nandap, until December 31, 2026.

Nandap, who joined the NIS on October 9, 1989, was appointed as Comptroller-General on March 1, 2024, with an initial tenure set to end on August 31, 2025.

A statement by the president’s Special Adviser on Information and Strategy, Bayo Onanuga, on Monday, said for her leadership, noting improvements in border management, immigration modernisation, and national security under her watch.

“Under her leadership, the Nigeria Immigration Service has witnessed significant advancements in its core mandate, with notable improvements in border management, modernisation of immigration processes and national security measures.

“President Tinubu commended the Comptroller-General for her exemplary leadership and urged her to continue dedicating herself to the Service’s strategic priorities, which align with his administration’s Renewed Hope Agenda,” the statement read.

He also reaffirmed his commitment to supporting the NIS in safeguarding Nigeria’s borders and ensuring safe and legal migration.

Continue Reading

Trending

Copyright © 2025 Newsthumb Magazine | All rights reserved