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NNPC, Shell, Dangote, others seal 70m gas supply deal

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A Joint Venture (JV) comprising the Nigerian National Petroleum Company (NNPC) Limited, Shell, Total and ENI, has signed a multi-million dollars deal to supply 70 million standard cubic feet (scuf) of gas to Dangote Fertiliser Company.

President of the Dangote Group, Alhaji Aliko Dangote; Group Managing Director of NNPC, Mallam Mele Kyari; Country Chair of Osagie Okunbor; and an ENI representative attended the event, which took place at the ongoing Nigeria International Energy Summit (NIES).
The contract was perfected in a short period of time, according to Kyari, because of its importance to fertiliser production and agro-economic growth.

Read also: Transcorp Hotels To Pay Dividend Of N717m

“As you are aware, Dangote Fertaliser is one of the largest producers of fertaliser, and this deal, which will provide Dangote Fertaliser with 70 million scuf per day through the JV, will contribute to the surge in Fertaliser production in Nigeria,” he said. Of course, it will have a huge positive impact on our agro-economy.”

Transcorp Hotels To Pay Dividend Of N717m

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TRANSCORP Hotels Plc has announced that it will pay a N717 million dividend to its shareholders in the fiscal year 2021.

According to the audited financial statements for the full year ended December 31, 2021, the company’s gross profit increased by 143 percent, while revenue increased by 114 percent to N21.74 billion.

“The results published on the Nigerian Group Exchange showed a 114 percent increase in revenue to N21.74 billion from N10.16 billion as of December 2020, while gross profit increased by 143 percent to N16.23 billion from N6.67 billion,” the company said in a statement.

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“The company’s results show impressive growth in performance, indicating a strong recovery from the COVID-19 pandemic’s impact in 2020.” The company’s resilience and nimbleness are also reflected in its performance, as it consistently leverages innovation to achieve outstanding results, breaking occupancy and revenue records in 2021.”

“We are very pleased with the incredibly strong operating performance of our businesses, as most segments improved in 2021,” said Dupe Olusola, Managing Director/Chief Executive Officer of Transcorp Hotels Plc.

“Throughout the year, our leisure demand remained strong as different leisure packages introduced continued to drive occupancy.”

“As we work towards our vision of becoming Africa’s leading hospitality brand, we believe Transcorp Hotels Plc is well-positioned to continue to benefit from the hospitality industry’s recovery.”

“We’re about to launch a number of projects that have been in the works for a while in order to expand our role as a full-service hospitality brand and diversify our portfolio.”

As we continue to focus on strengthening our business and investing for the future, we are excited about the opportunities to deliver continued growth in 2022.”

Mr. Emmanuel Nnorom, Chairman of Transcorp Hotels Plc, believes the hospitality industry will continue to recover in 2022.

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“We expect the hospitality industry to continue its recovery as the domestic leisure, business, and leisure segments — corporate travelers who also include leisure activities in their stay — continue to expand, even as international guests return,” he said.

According to him, Transcorp Hotels is in a good position to help the Nigerian hotel industry recover.

2023: Gboko Politicians Endorse Gov. Ortom For Senate

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The people of Gboko Local Government Area have endorsed Governor Samuel Ortom for election as Senator representing Benue North-West senatorial district in the 2023 general elections.

As a result, if Governor Ortom declares his interest in running for senator, they have offered to lead the campaign for his election.

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The people of Gboko spoke their minds on Wednesday, March 2nd, 2022, when they paid Governor Ortom a ‘thank you’ visit at the Benue Peoples House Makurdi.

Chief Mike Mku, who spoke for the local government’s political class, offered to personally lead the Governor’s campaign team if he declares his intention to run for office.

“Governor Ortom has done for the people of Gboko what no Governor has ever done,” Chief Mku says, citing numerous appointments, road projects, and the construction of a world-class Tor Tiv Palace as examples.

Professor Anthony Ijohor, SAN, Secretary to the State Government, said that when a Jemgbagh son finished his term as Governor in 2007, he “was elected to the Senate and the person he brought was also supported to succeed him as Governor.”

According to him, because of Governor Ortom’s widespread support and the precedent he has established, the people of Gboko and Jemgbagh will not only vote for him in the Senate, but will also line up behind the person he nominates to become Governor in 2023.

The people of Gboko came to express their gratitude to the Governor for the many good things he has done for them, according to Ter Gboko, Chief Gabriel Shosum, who led traditional rulers as part of the delegation.

He explained that the Governor’s good works in Gboko extend to all 17 council wards, emphasizing that another key feature of his administration is the prohibition of thuggery, which has resulted in peace in the state.

Queen Menenge, speaking on behalf of women, expressed gratitude for the Governor’s many good deeds for their husbands, children, and themselves, emphasizing that they only looked up to the First Lady, Dr Mrs Eunice Ortom, who has continued to guide them.

Governor Ortom responded by expressing his delight at the visit, noting that he has not received a delegation as powerful as the one from Gboko since the COVID-19 era.

The Governor, who described Gboko as his first home, expressed his gratitude to the people for their kind words, emphasizing that they support him as a family, not as a politician.

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After the Governor had been dressed in Tiv traditional attire, the Gboko women presented him with a cake with the inscription “Gboko Appointees Saying Thank You Ortom.”

Fuel Scarcity: NNPC Begins Loading At Depots To Clear Queues

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The Nigerian National Petroleum Corporation Limited said it had started loading trucks at all of its depots to alleviate the country’s current scarcity.

It went on to say that there was currently 1.7 billion litres of gasoline in stock.

Malam Mele Kyari, the NNPC’s Group Managing Director, told journalists in Abuja on Wednesday after a meeting with the National Union of Petroleum and Natural Gas Workers and Petrol Tanker Drivers.

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The Depot and Petroleum Marketers Association of Nigeria and the Major Oil Marketers Association of Nigeria were also present at the meeting.

Because of the persistent queues in the nation’s capital and other parts of the country, and fewer stations dispensing the product, Kyari said the additional fuel would help alleviate the situation.

“At the moment, we have over 1.7 billion litres of PMS in our possession, both on land and in the sea.”

“We now have the capacity to load out excessively from all depots,” says the company. We’ve put in place procedures to ensure that all depots can load 24 hours a day.

“This will ensure that the scarcity created by panic buying is now alleviated, allowing normalcy to return to filling stations. “In situations like this, people typically go to the gas stations and buy more than they need, and this is what additional supply will alleviate. “I am confident that we will see relief on this very soon,” he said.

Neither the Federal Government nor the NNPC, according to Kyari, have any plans to raise the price of gasoline at the pump.

He urged marketers to make sure that they are selling gasoline at the government-approved price.

Following the meeting, the stakeholders agreed that the NNPC should impose necessary sanctions on any marketer found selling gasoline above the approved price, including refusal to sell PMS to stations or depots.

He also stated that the NNPC would impose any legal sanctions on any defaulting depot owner in order to ensure that Nigerians continue to purchase the product at the approved price.

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He, on the other hand, expressed regret for the suffering Nigerians were going through at gas stations and urged consumers to avoid panic buying and only buy what they need at gas stations.

2023: Ex-Bank CEO Joins PDP Presidential Campaign

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Alhaji Mohammed Hayatu-Deen, the former Managing Director and Chief Executive of FSB International Bank, has declared his intention to run for President in 2023 on the Peoples Democratic Party’s platform (PDP).

He formally announced his intention in Lagos, where he addressed thousands of his supporters from all walks of life.

He’ll be running on the PDP ticket alongside other candidates who have expressed interest in the coveted position.

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He stated that his ambition is to bring about national rebirth and renewal by rekindling the Nigerian people’s boundless energy, imagination, and creativity in order to achieve the country’s manifest destiny.

According to Hayatu-Deen, an accomplished economist, the country requires a unique type of leader who possesses the skills, character, and experience necessary to safely navigate the people through turbulent waters “to a much brighter and better place reflective of the nation’s rich potentials for greatness.”

He told the audience that his ambition was to be able to solve the most pressing issues in Nigeria, which he described as “hunger, poverty, disease, and insecurity.”

“I believe I am the person who can provide such uncommon leadership with clarity, conviction, and dynamism,” he said, emphasizing that national security would be his top priority.

“Everyone understands that the country is facing a monumental crisis of confidence approaching existential proportions,” he said.

“In addition, my interactions and travels throughout this beautiful country, across Africa, and around the world have given me a powerful insight into the Nigerian people’s DNA.”

“We are the most energised, dynamic, and enterprising people on the planet.” The Nigerian people can perform economic miracles if they are given an enabling environment of good public service delivery systems, free of red tape and abrasive rent seeking culture. I want to give the Nigerian people plenty of room to demonstrate their God-given entrepreneurial abilities through industry, hard work, and innovation.”

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In response to the security situation, the former banker stated that relevant institutions will be fully mobilized to bring the situation under control.

He also stated that addressing gender issues and fostering human capital development in order to fully realize the enormous potential of women and youths would be top priorities for him.

Hayatu-Deen went on to say that he understands the country’s opportunities and challenges and that he has the skills, background, and experience to get the job done.

“As an economist, I am well aware of the distinction between successful countries that produce economic miracles and laggard countries.

“I know this because I’ve successfully turned around the fortunes of Nigeria’s largest group holding company and a dormant Federal Government Bank.” I know how to use international alliances and partnerships to tap into deep reservoirs of investment funds all over the world to help Nigeria fund its rapid development,” he added.

Ukraine: FG Gives Conditions For Evacuating Nigerians

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The Federal Government has set out the terms under which stranded Nigerians will be evacuated home tomorrow (Thursday).

The terms were laid out in a statement issued by the Ministry of Foreign Affairs on Wednesday titled “Nigerians in Ukraine Daily Update (6).”

Only those with complete documentation at the Nigerian embassies in Poland, Hungary, and Romania would be evacuated, according to one of the conditions.

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Nigerians who want to return home should register with the Nigerian embassies in Poland, Hungary, and Romania, according to the FG.

Those without passports must also obtain Emergency Travel Certificates, according to the document.

“The Federal Government wishes to inform that arrangements are being finalized for the evacuation of the first batch of Nigerian nationals who wish to return home via Romania, Poland, and Hungary,” the statement said.

Intentional evacuees should be aware that only those who have been documented by Nigerian embassies are eligible for evacuation.

“As a result, those who have yet to register for the exercise are encouraged to do so, as it is a requirement.”

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“Those who do not have passports will be given Emergency Travel Certificates that will allow them to return home.”

Ilorin Court Remands Student For Allegedly Killing Colleague Over Missing Plates

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Yakubu Ahmed, a student at the Kinsey College of Education in Ilorin, the capital of Kwara State, has been remanded in custody for allegedly killing his friend Farouq Ahmed.

The two engaged in physical combat, according to the First Information Report, FIR, during which they used knives to inflict various degrees of injuries on each other.

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According to reports, the two were rushed to Ilorin’s University of Ilorin Teaching Hospital, UITH, but Ahmed died as a result of his injuries sustained during the fight.

According to the police report, the fight erupted as a result of missing plates in the deceased’s possession.

In his ruling, Trial Magistrate Adebayo Kudus stated that he could only take cognizance of the case but lacked jurisdiction to hear it.

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He postponed consideration of the case until March 21, 2022.

Joe Biden only reveals when US forces will attack Russia in war

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Democratic presidential candidate former Vice President Joe Biden speaks during the fourth day of the Democratic National Convention, Thursday, Aug. 20, 2020, at the Chase Center in Wilmington, Del. (AP Photo/Andrew Harnik)

Joe Biden, the President of the United States of America, has promised that US forces will protect every inch of NATO nations.

While the US would not send troops into Ukraine to confront Russian forces, Putin stated that the US would join NATO allies in defending the alliance.

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The war between Russia and Ukraine is now in its seventh day, and sanctions against Moscow are growing by the minute.

This was stated by Biden during his first State of the Union address on Tuesday night, during which he also announced the closure of US airspace to Russian aircraft.

“Let me be clear: our forces are not engaged in conflict with Russian forces in Ukraine, and we will not engage in conflict with Russian forces,” Biden said.

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“Our forces aren’t going to Europe to fight in Ukraine; they’re going to defend our NATO allies if Putin continues to move west.” “Every single inch,” he stated emphatically.

APC Govs Meet With Buhari, Confirm March 26 Convention Take Place

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Despite the election timetable released by the Independent National Electoral Commission, the Progressive Governors Forum said on Tuesday in Abuja that there was no plan to move the All Progressives Congress national convention from March 26.

Governor Abubakar Bagudu of Kebbi State, the forum’s chairman, revealed this to State House correspondents after leading a delegation of APC governors to a meeting with President Muhammadu Buhari (retd.) at the Presidential Villa in Abuja, just before the President left for Nairobi, Kenya.

Shortly after INEC released the election schedule for 2023, there were rumors that a faction of the party was pushing for the national convention to be postponed so that the party’s national executives and primaries could be held on the same day.

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Bagudu, on the other hand, told journalists that the March date would not be changed.

“Last week, about 20 APC governors were in this hall (Villa Briefing Room), and this question came up, and we clearly stated that we had come to discuss the national convention, which is slated for March 26, and that we are working hard to ensure that on March 26, we have our convention and elect our national officers, and that remains the case,” he said.

The governor of Kebbi State also debunked claims that the governors are still split over the party’s zoning and chairmanship policies.

“There is no squabble.” The APC’s 22 governors are united behind the party and Mr. President as a whole,” he said.

The governors visited the President, among other things, to congratulate him on signing the Electoral Act (Amendment) Bill, 2022 and the APC’s victory in some of the bye-elections held last weekend, according to Bagudu.

The zoning of the office of the National Secretary to the South West was reportedly protested by APC governors from the South East, with Bagudu insisting that it was too late to change the zoning formula.

Regardless of the PGF chairman’s position, our correspondent has learned that the South East governors are determined to express their views to the party’s National Secretary, Dr. John Akpanudoedehe, at an APC governors meeting scheduled for Tuesday night.

Aminu Masari of Katsina, Nasir el-Rufai of Kaduna, Abubakar Badaru of Jigawa, Kayode Fayemi of Ekiti, Yahaya Bello of Kogi, Hope Uzodinma of Imo, Gboyega Oyetola of Ogun, Abubakar Bello of Niger, Abdullahi Ganduje of Kano, and the deputy governor of Anambra
The APC governors met behind closed doors at the Kebbi Governors’ Lodge in Abuja last night.

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The meeting with the President, Major General Muhammadu Buhari (retd. ), on Tuesday came just hours after the Progressive Governor met with him at the Presidential Villa.

Although PGF Chairman Abubakar Bagudu did not specify what would be discussed on Tuesday night, it is expected that the main topic of discussion would be the consensus Chairmanship candidate ahead of the March 26 election.

Our correspondent learned earlier at the Presidential Villa that the governors tried in vain to persuade the President to drop Abdullahi Adamu as the consensus candidate for the national chairmanship.
Buhari was said to have flatly refused to change his mind after hearing their arguments against the former Nasarawa State Governor.

After what appeared to be a heated disagreement among them as they emerged from the meeting with the President, the Kebbi State Governor debunked claims that the Progressive Governors Forum was still divided over the party’s direction on zoning and chairmanship.

“There’s no altercation,” he says. “I’m not aware of any.” Last week, Mallam Nasiru (Kaduna State governor) responded to that look by saying, “If by altercation people mean differences of opinion before a decision is reached, then maybe that is what people can… The APC’s 22 governors, on the other hand, are united behind the party and Mr. President as a whole.”

Concerned party members convened the ‘APC National Stakeholders’ earlier on Tuesday to warn against attempts to “impose” former PDP members Senators Abdullahi Adamu and Ken Nnamani as the party’s National Chairman and Deputy National Chairman, respectively.

“We have always been against imposition in any guise,” they say, “considering our belief that whenever a consensus option is adopted without being preceded by wide consultation, it will undoubtedly violate every known democratic ethos and principles.”

“The lingering and now widespread speculation about the plan to elect Senator Abdullahi Adamu, a former member of the People’s Democratic Party, PDP, as the APC National Chairman in the upcoming Convention, where loyal, qualified, and competent APC foundation members are also in the race, is not only an aberration, but a violation of the APC’s established principle of long-term fidelity and frowns on injustice.”

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“While it is within his constitutional rights to compete for any position within the APC or even the country as a whole, we believe that the individuals purportedly behind the plot to make Abdullahi Adamu the next APC National Chairman cannot sit in their zones alone and decide who gets what.”

APC Governors from the Southeast reportedly protested the zoning of the National Secretary’s office to the Southwest, with Bagudu insisting that it was too late to change the zoning formula.

Despite the PGF Chairman’s position, our correspondent learned that the Southeast governors are determined to express their views to the party’s National Secretary, Dr. John Akpanudoedehe, at an APC governors meeting scheduled for Tuesday night.

Matawalle: Stop Intimidating PDP Members To Join APC

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Iyorwuese Hagher, a senior member of the Peoples Democratic Party and chairman of the Bukola Saraki Presidential Contact and Advocacy Committee, has urged Zamfara State Governor Bello Matawalle to cease threatening PDP members in the state for refusing to join the All Progressives Congress.

“People cannot be dominated by force,” said Iyorwuese, who was in Gusau, the state capital, on Tuesday for a contact and advocacy visit in support of Saraki’s presidential bid.

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“The fact is that you cannot dominate people by force, intimidation, or extortion,” he said.

“In a democracy, you can’t use intimidation to force people to join your party.” This is essentially what the APC-led administration in Zamfara is doing.”

“We are aware that the APC government attempted three times to demolish the PDP headquarters in Zamfara because the deputy governor did not decamp with the governor to the APC.”

He slammed the expulsion of Mahdi Gusau, the Deputy Governor, from office, calling it an abuse of the judicial system.
“The flagrant misuse of due process and the ludicrous level to which they wish to weaken this country’s judiciary is unacceptable to the Nigerian people,” he stated.

According to him, the country was dissatisfied with the deputy governor’s departure, and Nigerians stood for the Zamfara people.

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In the 2023 general elections, he asked the people of the state to ensure that only people of unquestioned integrity were chosen.