Connect with us

News

NEWS UPDATE?FG Has No Business With Oil And Gas

Governor Nasir el-Rufai of Kaduna state, Northern Nigeria says the federal government should privatise the oil and gas sector before it brings the country to its knees.

Lifestyle Nigeria earlier reported that the Nigerian National Petroleum Company (NNPC) Limited was transformed from a corporation to a limited liability company in July 2022.

On October 5, met with scepticism and criticism, the petroleum company said it uncovered an illegal four-kilometre pipeline that had operated undetected in the last nine years.

However, in a FAAC document obtained on September 24, it was discovered that the oil company failed to remit any funds to the federation account for the eighth consecutive time.

El-Rufai while speaking at KADINVEST, an economic summit in Kaduna, on Thursday, said the government does not have any business managing the oil sector.

He said NNPC has not brought substantial revenue to the federation account this year, noting that the company isn’t adding any financial value to the country.

The Governor said, “Any sector that the federal government tries to get into gets messed up. Any area that the government can get out of… it should.

“When I say the government should get out of oil and gas, people shouldn’t think it’s crazy, it’s not. There is no reason the government of Nigeria should be in the oil and gas sector. It has failed by every measure, they should just get out.

“This year NNPC hasn’t brought N20, 000 to the federation account. We are living on taxes. It is PPT, royalties, and income tax that is keeping this country going.

“Because NNPC claims that subsidy has taken all the oil revenues, I don’t believe that. So, the government should sell everything —the oil and gas sector. I have been making this point since 1999 when I was head of the Bureau of Public Enterprises (BPE). I have not changed my mind.

“The government should get out of whatever is left of electricity. Leave it to the private sector. Maintain the environment. The money will come.

“Nothing has changed for NNPC other than adding L to it for the limited. They are still taking our money. They are still declaring profits that we don’t see the dividends.

“NNPC is a big problem to Nigeria and unless we resolve it, it will bring Nigeria to its knees. It’s a systemic and institutional problem, it’s beyond one person.”

Politics

News Update?Osun Governorship Election Petition Tribunal Sitting Begins October 26

Latest Politics updatein nigeria

Osun State Governorship Election Petition Tribunal will on October 26 begin a full hearing of the petition filed by Governor Adegboyega Oyetola of the All Progressives Congress (APC) against the declaration of Senator Ademola Adeleke as governor-elect.

Lifestyle Nigeria reports that the tribunal made this pronouncement after concluding the pre-hearing session on Thursday.

The tribunal was asked to dismiss the applications of the Peoples Democratic Party (PDP) and the Independent National Electoral Commission (INEC), seeking the discontinuation of the petition brought to it by Governor Oyetola.

Counsel for Oyetola and the APC, Lasun Sanusi, SAN, at the sitting of the tribunal argued that Adeleke’s, PDP’s and INEC’s reliance on a Federal Court High judgment was nothing but an abuse of court process.

Sanusi argued this while replying to separate applications of the trio, seeking the dismissal of the petition based on the already appealed Federal High Court judgment disqualifying Oyetola from contesting the election.

Citing Supreme Court decisions in the case of Jegede Vs INEC, 2021, 14NWLR, Pt 1797, page 409, the counsel said the court had ruled that the signatories to the letter conveying the nomination of a candidate were not the nominators; rather, the nomination was done by party members at the congress, hence, the judgment could not stand.

Meanwhile, the counsel for INEC, Prof. Paul Ananaba, SAN; counsel for Adeleke, Onyechi Ikpeazu, SAN and counsel for the PDP, Dr. Alex Izinyon, SAN, agreed that any decision the tribunal would take on the matter would have to wait until the Appeal Court and the Supreme Court decided on it.

They noted that they just decided to argue the applications to have it on record, a position which the tribunal agreed with and put on record.

Also, in other applications totalling nine by the three respondents, they asked the tribunal to strike out some paragraphs of the petition on the grounds that they were either lumped together or not related to the 2022 election.

In response to each of the applications, Sanusi said all the cases cited by the respondents were misconceived, adding that they were not applicable in the instance case.

He cited the case of INEC Vs Otti, 2016, 8NWLR, where the Supreme Court hinted that INEC was supposed to be neutral, arguing that all the processes filed before the panel have not portrayed the commission’s neutrality.

Sanusi further argued that the applications filed by the respondents were only meant to prevent the tribunal from focusing on hearing the petition on merit, asking the panel to dismiss the applications.

Subsequently, counsel for all parties in the matter agreed to begin the full hearing starting with the calling of witnesses on October 26.

In his ruling, the tribunal declared the pre-hearing session concluded and announced that the pre-hearing conference report would be presented on October 17.

Continue Reading

News

NEWS UPDATE?Nigeria Air Force who died in the crashed NAF Alpha-jet that crashed in Borno state laid to rest (photos)

%title% Nigeria Air Force who died in the crashed NAF Alpha-jet that crashed in Borno state laid to rest (photos) Lifestyle Nigeria

Nigeria Air Force who died in the crashed NAF Alpha-jet that crashed in Borno state laid to rest (photos)

The remains of Flight Lieutenant Chapele Ebiakpo, one of the pilots of the NAF Alpha-Jet aircraft that crashed in Maiduguri, Borno state on March 31, 2021, have been laid to rest.

 

It will be recalled that the Nigerian Air Force fighter jet was declared missing on 31 March 2021 after losing radar contact. The crash site was later discovered and the bodies of the two pilots onboard the ill-fated jet were recovered. The pilots were on the battlefield fight Boko Haram members when the jet crashed.

 

On Thursday, October 13, friends and family members of the Late Ebiakpo gathered together at the National Military cemetery to bid him farewell. May his soul rest in peace, Amen.

 

See more photos from the funeral below…

 

Nigeria Air Force who died in the crashed NAF Alpha-jet that crashed in Borno state laid to rest (photos)Nigeria Air Force who died in the crashed NAF Alpha-jet that crashed in Borno state laid to rest (photos)Nigeria Air Force who died in the crashed NAF Alpha-jet that crashed in Borno state laid to rest (photos)Nigeria Air Force who died in the crashed NAF Alpha-jet that crashed in Borno state laid to rest (photos)Nigeria Air Force who died in the crashed NAF Alpha-jet that crashed in Borno state laid to rest (photos)Nigeria Air Force who died in the crashed NAF Alpha-jet that crashed in Borno state laid to rest (photos)

 

 

CREDIT

<p>The post Nigeria Air Force who died in the crashed NAF Alpha-jet that crashed in Borno state laid to rest (photos) first appeared on Lifestyle Nigeria.</p>

Continue Reading

News

Phyna Bbnaija; Biography, Net Worth, Date Of Birth, Age, State Of Origin & Career – Lifestyle Nigeria


Real Name: Ijeoma Josephina

Stage Name: Phyna Bbnaija

Date Of Birth: 1997

 

Age: 25 years old

Profession: Actress

Nationality: Nigerian

State Of Origin: Edo State

Net Worth: $15K dollars

Details About Phyna Bbnaija


Phyna is currently 25 years old and she was born in the Nigerian state of Edo. Ijeoma Josephina is the correct spelling of her given name. She recounted herself as being the one who bring the ginger and the vibes to Biggie’s residence.

 

READ ALSO: BBNaija S7: Tega Makes U-turn About Phyna&#8217;s Loud Behaviour, Issues PSA

 

Phyna Bbnaija Date Of Birth

Phyna Bbnaija was born in the year 1997 in the Nigerian state of Edo. As of the time that this article about Phyna’s BBnaija biography and net worth was written, she had not yet reached her 25th birthday.

What is the net worth of Phyna Bbnaija?

At the time of writing, phyna bbnaija’s net worth was calculated at $15,000.

Conclusion:

There is still a lot of work to be done in this article. I’ll get to it as quickly as I can. Please share and leave a comment

Continue Reading

Most Popular