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Let’s Celebrate Gani’s 80th Posthumous Birthday with his Letter to Obasanjo in 2005

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EXCERPTS FROM GANI FAWEHINMI’S OPEN LETTER TO PRESIDENT OBASANJO:

“We must examine what happened in both events and proffer advice on how to prevent future occurrence in each case. We have heard mountains of hyperbolic rhetoric in the last one week and tons of sentiments and emotions had been shed. The time to take an analytical and sober look at the two events has come. Sentiment must not be allowed to replace reality and emotion must not be a substitute for the truth. Otherwise, we will go back to groping in the dark and repeating the same act of commission or omission in both tragic events.”I do not know what the post-mortem report reads, but as the husband, you told the whole world in a broadcast on Tuesday, 25th October, 2005 that your wife went to Spain on a holiday without a visible sign of illness. However, reports nationally and internationally have revealed the following:

*That your wife was admitted into Molding Clinic, Banus Port near Malaga, Spain for cosmetic surgery for purpose of beautification.
*That either during or after the cosmetic surgery, she developed complications which finally resulted in her death in Spain.”

“If these were the circumstances of her death, Nigerians are entitled to answers of the following questions, queries and apprehensive observations:

*Why did our Head of State allow his wife to leave Nigeria for cosmetic surgery so that she could look more beautiful? By the way, I personally attest to her beauty as a woman…Whether it is called cosmetic or plastic surgery, I do not see how that could not be dealt with or handled in Nigeria if your government had lifted the health care facilities of this country from the doldrums since you assumed power”.

“Mr. President, you are not the only one to suffer from this tragedy of the incompetence of your government to provide the Nigerian people with modern medical facilities and care, when you swore on 29th May, 1999 to advance the welfare of the Nigerian people. I too am a victim. My son, Barrister Mohammed Fawehinmi, a graduate of Business Administration of the University of Lagos, and of Law of the Buckingham University, England and of the Nigerian Law School, who qualified in 1998, had a motor accident on 23rd September, 2003 and broke his spinal cord. He was taken to National Orthopaedic Hospital Igbobi, Lagos”.

“Mr. President, in that hospital (National Orthopaedic Hospital Igbobi, Lagos) they had no Magnetic Resonance Imaging (MRI), to detect the location and extent of the spinal cord injury. No C.T.Scan. They had only an ancient X-Ray machine. When his condition was growing worse, I was advised to take him abroad at a heavy financial cost, which was more than a fortune. He was in various hospitals in England for seven (7) months. The hospital where he was operated upon had more than ten (10) Magnetic Resonance Imaging (MRI) to detect the state and extent of the spinal cord injury”.

“Mr. President, as at 23rd September, 2003, there was no MRI in the whole of Lagos State. The one under your nose at the National Hospital, Abuja was as dead as dodo. There was none in University College Hospital, Ibadan. There was none in University of Benin Teaching Hospital. There was none in Ahmadu Bello University Teaching Hospital, etc. Four years after you came into the saddle as President of the Federal Republic of Nigeria, our health care delivery remains primitive and totally unbecoming of an oil-rich nation-state”.

“In a period of six (6) years, you have virtually traversed the entire world visiting most of the countries of the world. One would have expected that not less than sixty (60) Heads of State and their wives would either have graced the occasion of the burial of your wife or sent their wives to represent them at such burial. From my reading of the newspapers in Nigeria and I buy all the newspapers published daily in this country, neither myself nor the Director of my Library (Barrister Adindu Ugwuzor) and his librarians could find any reports or news item of the presence of any Head of State or Head of Government (and/or their wives) from any of the European, American and Asian countries at the lying in state or burial of your wife Stella despite several times (more than one and a half years in total) that you slept out of Nigeria visiting foreign countries in Europe, Asia and America”.

“Mr. President, is that not a hard lesson? Even for a Chairman of the Commonwealth and Chairman of African Union (AU), is the lesson not obvious? You must now realise that it is what you do at home to promote the welfare of your people that sells your image abroad”.

“In spite of all I have written above, I sincerely sympathise with you on the death of a woman who became a human rights activist of note, fighting tooth and nail for your release from incarceration. A woman who initiated a programme for the children who are physically disadvantaged. Such a woman will be remembered from my own stand point not for being the wife of a president who is anti-masses but who was herself fighting the cause of the physically challenged”.

“You should not be deceived by the presence of men and women of
Nigeria’s “timber and calibre” (apologies to Late K.O. Mbadiwe). They dominated and populated the crowd at the lying in state and at the burial of Stella. Do not be deceived by their presence. Yes, they shed tears for different reasons. There were genuine tears. There were also Ministerial tears, Contract tears, Rotten-head tears, 2007 tears, Teasing tear, Oil block tears, GMG tears (Ghana Must Go Bag tears), Immunity tears, Pardon me tears, Face-showing tears, Business tears, Brixton Prison tears, amongst others”.

“The first twelve (12) hours after the crash, your government at the highest level and also through your aviation agencies did not know the site of the crash. The world was told by your government that it was at Kishi in Oyo State that the Bellview plane crash-landed. Your Minister of Information, Mr. Frank Nweke Jnr told the world on Sunday, 23rd October, 2005 that the nation’s President was directing rescue operation in Kishi. The Minister of Aviation, Professor Babalola Borishade confirmed that the crash site was Kishi. Even your Minister of Health said that he had made all arrangements in a government hospital in Ilorin where possible survivors of the crash at Kishi will be admitted and treated”.

“The world’s attention was misdirected to Kishi by the incompetent compass of your regime. On television, it was Kishi. On radio, it was Kishi. Even the almighty CNN echoed government’s misdirection – it was Kishi. When finally the African Independent Television (AIT) located the site at your backyard in Ogun State at Lisa in Ifo and broadcast the new site, instead of an accolade to AIT, your government shut it down for telling the truth, only to be reopened the second day without an apology”.

“The rescue operation at Lisa in Ifo was disastrously shabby, as it was impudently shoddy. The site was not secured by the security agencies of your government. All sorts of people and all manners of men and women were allowed to roam about picking anything as souvenir without regards to the security importance of such materials. There was nothing to show that the officials of government at the site had any prior inkling of rescue training. Seven days after the crash, a substantial part of the aircraft remained buried inside the ground, spewing out fire from time to time. To add insult to injury, memorial prayer session was held on
Thursday, the 27th October, 2005 , and the President laid wreaths when no conscious effort has been made by your government to excavate the substantial part of the plane buried in the ground”.

“In essence, there was no appreciable rescue operation. And the inability of your government so to do exposed the rescue incapacity of your administration in such a situation. Your no-holds-barred privatisation policy came to naught at Lisa when no private company could singularly undertake the excavation of the entombed aircraft”.

*The government policy on the type of planes we use in our aviation industry, the age of the planes and their airworthiness should be revisited immediately;
*Our runways and the need to ensure that the runways light never go off; and
*Our control towers should be manned by trained and retrained personnel using modern equipment”.

“We are happy that the Federal Bureau of Investigation (FBI) are in the country because a United States major died in the crash. With American involvement, I believe the lackadaisical attitude of your government in such matters will be checked if not prevented from tainting such inquiry”.

“The events of Saturday and Sunday the 22nd and 23rd October, 2005 which have thrown the country into mourning should never be allowed to repeat themselves. We do not want another plane crash and if you bring in another wife before you constitutionally quit office on 29th May, 2007, please do not allow her to go for a cosmetic surgery for beautification again. We cannot afford another death of the President’s wife in Aso Rock”.

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Strategy and Sovereignty: Inside Adenuga’s Oil Deal of the Decade

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By Michael Abimboye

In global energy circles, the most consequential deals are often not the loudest. They unfold quietly, reshape portfolios, recalibrate value, and only later reveal their full significance.

The recent strategic transaction between Conoil Producing Limited and TotalEnergies belongs firmly in that category. A deal whose implications stretch beyond balance sheets into Nigeria’s long-troubled oil production narrative.

For Mike Adenuga, named The Boss of the Year 2025 by The Boss Newspapers, the agreement is more than a corporate milestone. It is the culmination of a long-term upstream strategy that is now translating into hard value barrels, cash flow, and renewed confidence in indigenous capacity.

At the heart of the transaction is a portfolio rebalancing agreement that sees TotalEnergies deepen its interest in an offshore asset while Conoil consolidates full ownership of a producing block critical to its medium-term growth trajectory. The parties have not publicly disclosed the monetary value, industry analysts place similar offshore and shallow-water asset transfers in the high hundreds of millions of dollars, depending on reserve certification and development timelines. What is indisputable, however, is the deal’s structural clarity: each partner exits with assets aligned to its strategic strengths.

For Conoil, the transaction represents something more profound than asset shuffling. It is the validation of an indigenous oil company’s ability to operate, produce, and partner at scale. That validation was already underway in 2024, when Conoil achieved a landmark breakthrough: the successful production and export of Obodo crude, a new Nigerian crude blend from its onshore acreage.

In a country where new crude streams have become rare, Obodo’s emergence signalled operational maturity. More importantly, it shifted Conoil from being perceived primarily as a downstream and marginal upstream player into a full-spectrum producer with export-grade assets.

The commercial impact was immediate. Obodo crude enhanced Conoil’s revenue profile, strengthened cash flows, and materially improved the company’s asset valuation.

For Mike Adenuga, Obodo represented something else entirely: oil income with scale and durability. Producing crude shifts wealth from theoretical to realised. It is the difference between potential and proof.

That momentum was reinforced by Conoil’s acquisition of a new drilling rig, a move that underscored its intent to control not just resources, but execution. In an industry where rig availability often dictates production timelines, owning modern drilling capacity gives Conoil a strategic advantage lowering costs, reducing dependency, and accelerating development cycles. It also enhances the company’s bargaining power in partnerships such as the one with TotalEnergies.

Taken together, the Obodo crude success, the rig acquisition, and the TotalEnergies transaction, these moves materially expand Conoil’s enterprise value. While private company valuations remain opaque, upstream assets with proven production, infrastructure control, and international partnerships typically command significant multiple expansion. For Adenuga, all of these represents a stabilising and appreciating pillar of wealth.

As The Boss Newspapers honours Mike Adenuga as Boss of the Year 2025, the recognition lands at a moment when his oil ambitions are no longer peripheral to his legacy. They are central. In Obodo crude, in steel rigs, and in carefully negotiated partnerships, Adenuga is shaping a version of Nigerian capitalism that privileges patience, scale, and execution over spectacle.

In the end, the most powerful statement of wealth is not net worth rankings or headlines. It is the ability to convert strategy into assets, assets into production, and production into national relevance. On that score, the Conoil–TotalEnergies deal may well stand as one of the most consequential chapters in Mike Adenuga’s business story and in Nigeria’s evolving oil future.

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Peter Obi, Only Life in ADC, Says Fayose

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Former Governor of Ekiti State, Ayodele Fayose, says the former presidential candidate of the Labour Party, Peter Obi, is the only life in the African Democratic Congress, ADC.

Fayose made this statement on Friday while fielding questions in an interview on ‘Politics Today’, a programme on Channels Television.

He also said that the Peoples Democratic Party, PDP, is technically no more, adding that it is dead.

The former governor equally said that Oyo State governor, Seyi Makinde, should not be dragged into the woes of the PDP.

He said: “Obi is the only life in ADC; all other people in ADC are semi-existent. If Obi had remained in Labour Party or has gone to Accord Party, he is the only life there. All the other people there, they are not existing. They are old-forces.

“Openly, I supported Tinubu in 2023. I didn’t hide it. Till now I’m still there. I don’t jump. I have said it to you I’m not a member of APC and I will never be.”

DailyPost

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More Troubles for Ahmed Farouk: Dangote Drags Ex-NMDPRA Boss to EFCC over Corruption Claims

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The Chairman of Dangote Industries, Aliko Dangote, through his legal representative, has filed a formal corruption petition against the former Managing Director of the Nigerian Midstream and Downstream Petroleum Regulatory Authority, Farouk Ahmed, at the headquarters of the Economic and Financial Crimes Commission.

This was disclosed in a statement made available to our correspondent by the Dangote Group media team on Friday.

Recall that Dangote had earlier petitioned the Independent Corrupt Practices and Other Related Offences Commission to investigate Ahmed for allegedly spending $5 million on his children’s secondary education in Switzerland. He withdrew the petition a few days ago, even as the ICPC vowed to continue with its investigation.

The statement on Friday said Dangote’s petition to the EFCC followed “The withdrawal of the same petition from the Independent Corrupt Practices and Other Related Offences Commission, a strategic decision aimed at accelerating the prosecution process.”

In the petition, signed by Lead Counsel Dr O.J. Onoja, Dangote urged the EFCC to investigate allegations of abuse of office and corrupt enrichment against Ahmed, and to prosecute him if found culpable.

The petition further stated that Dangote would provide evidence to substantiate claims of financial misconduct and impunity.

“We make bold to state that the commission is strategically positioned, along with sister agencies, to prosecute financial crimes and corruption-related offences, and upon establishing a prima facie case, the courts do not hesitate to punish offenders. See Lawan v. F.R.N (2024) 12 NWLR (Pt. 1953) 501 and Shema v. F.R.N. (2018) 9 NWLR (Pt.1624) 337,” the petition read.

Onoja further urged the commission, under the leadership of Mr Olanipekun Olukoyede, “To investigate the complaint of abuse of office and corruption against Engr. Farouk Ahmed and to accordingly prosecute him if found wanting.”

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