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IBB Terrorises Buhari as Saraki Transmits I-G

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Tunde Odesola

You can call me a fool for all you care, I won’t bat an eyelid. I have the right to be foolish, anyway. But move away from my arm’s length if you call me stupid, for stupidity is mental retardation simplified. Foolishness is a choice. Stupidity is not, it’s endowed. It’s wired to the DNA. As adjectives, ‘foolish’ is lacking a good sense or judgment but ‘stupid’ is lacking in intelligence or the inability to think. Stupidity is the crown on an empty skull. Foolishness is the obstinacy that dares the lamb to look at the tiger in the eyes. With a little more caution, the lamb could, by keeping silent in hiding, escape a bloody journey into the belly of the black-striped, gold-furred tiger with flaming eyes, stalking the jungle.

Then Maj. Gen. Muhammadu Buhari blazed into power in the very last minute of 1983. His coup was a welcome blow that broke the spine of the inept and corrupt Shehu Shagari administration which was more popular for wearing long caps on idle heads than arresting the debilitating inflation crippling the economy. Fire bellowed down the nostrils of the Buhari tiger, clawing, tearing and mauling perceived impediments to national greatness. Everybody feared the tiger until a certain lamb from the largest state in the country, Niger, came to tame it two years after. This Niger lamb was beautiful and pleasing to the eyes, its baaing was melodious to the ears; everybody who feared the tiger loved the iamb of the lamb. The furry lamb was a paradox that unnerved and reassured simultaneously. Not very long after being crowned king, however, the corrupt-wind of genetic mutation blew the way of the lamb, which sloughed its fur for scales and metamorphosed into a snake. The lamb’s harmless mouth turned into striking serpentine jaws of poison, savagery replaced genteelness, and evil stalked the land unstoppably. Sometime in the August of 1985, the snake chased out the tiger from the lair, taking over the kingdom.

I’ve never set my eyes on a scrotal sac with one ball. But I’ve often heard the Yoruba describe any man wailing meaninglessly as having only one ball in his sac. What’s the link between wailing and one scrotal ball? Does wailing complement a missing ball? Does wailing alleviate the pains or absence of a missing ball? With the way Nigerians wail meaninglessly on social media, compulsory medical check on scrotal sacs across the country won’t be a bad idea. However, it’s not only Nigerian proletariats that wail, Nigerian leaders wail, too. Last week, former man of steel, President Buhari, lamented in Abuja during the inauguration of the Economic and Financial Crimes Commission’s headquarters in Abuja. He said he was ousted in 1985 and detained for three years by Brig Gen Ibrahim Babangida because he (Buhari) was fighting corruption as of the time. The President said, “I was removed as the head of state, detained for three years and people whom we recovered stolen money from were given back their money and I remained in detention up until my mother had to die to save me from detention.”

Mr President, you’re free to think Nigerians are fools, but don’t you think we are stupid. In our foolishness, we can clearly see the lie in your statement that your mother waited three years to save you from detention. Why would a mother wait for 1, 095 days to save her son? What if death had knocked on your soul before her intervention? Oh, your media aides would say, “The President was speaking figuratively.” Yes, he was speaking politically, too. When a figure of speech borders on representing an idea better or worse than it really is, it is called an exaggeration. So, is the President blowing issues out of proportion in order to gain political sympathy? The President said he was toppled 33 years ago because of corruption and that the money he retrieved from corrupt politicians were returned to them, right? And Babangida, who toppled him, is still alive. Please, where should the anti-corruption war of Buhari begin from, if it is only to set the records straight and debunk the claims that his military administration was vindictive? So, Buhari knows some individuals with stolen public wealth, and he keeps quiet and feels comfy about it? What manner of leader is he? A weakling? There, surely, exists a difference between foolishness and stupidity.

Foolishness and stupidly rule the Nigerian online political space where innumerable people talk inanities all at once. Some talk and say nothing. Some applaud roguish politicians defecating on our collective sensibilities. In Animal Farm, George Orwell depicts the proletariats as stupid. Are Nigerian proletariats better? Foolishness and stupidity went round the bend last week as another President, Bukola Saraki, tackled the Inspector-General of Police, Ibrahim Idris. Saraki, the President of the Nigerian Senate, last Wednesday, accused the IGP of planning to implicate him in the trial of some suspected hired killers arrested in Kwara State. Hitherto, there was no love lost between Saraki’s flimsy Senate and the unmeet police boss as Saraki and his gang of senators had repeatedly invited Idris to appear before the Red Chamber futilely. If the Senate was planning not to pass the budget of the police – in retaliation of the I-G’s scorn, a quick rethink wasn’t unlikely as Idris wouldn’t think twice before withdrawing police orderlies from our self-serving senators. Who wan die? Not these senators gulping billions of naira in taxpayers’ funds monthly with nothing to show for it.

In the heat of the back-and-forth kafuffle between the senate and the I-G, a video clip went viral. In the video, Idris, who was reading an address at a public function, was portrayed as being unable to coherently read his address, needlessly repeating the word ‘transmission’. A man in a dark suit and blue shirt stepped in to help with the speech which being ruffled by the wind while Idris bungled on. A closer look at the video, however, shows that Idris’ lips and the audio don’t sync. The IG, though a lawyer, doesn’t possess the gift of the garb. He speechifies the English Language in a laborious way. With its back pinned against the wall, the police force released its version of the video showing the IGP reading an error-free address. The two versions were from the same Kano event, but the part wherein the man in suit stepped in to offer a helping hand was excised from the version released by the police – suggesting that Idris truly made a couple of mispronunciations while delivering his speech. His traducers, however, fanned the embers of the innocuous error into a horrible conflagration by manipulating the audio to make the I-G sound as repeating himself. The Presidency later joined in the fray by describing the video as doctored. I’m not a fan of the IGP as I consider many of his actions unbecoming since he was appointed by Buhari on March 21, 2016. But a fool worth his salt would see through the deft doctoring of the video. That a lot of Nigerians believe that the IG could, in a two-minute, 18-second video, publicly repeat ‘transmission’ 13 times, and ‘I mean’ six times, shows why the political class continues to manipulate us with the stupidest of ploys. A bosom friend, Shola Ogunjimi, however, has a different opinion. He said Nigerians knew that the video was doctored, but that they believed it because of the brainlessness that attended some of Idris’ past actions. A former Chairman, Nigeria Union of Journalists, Osun State Council, Prince Ayoade Adedayo, who felt no pity for Idris, believes there is more to the video than what the police are claiming.

I ask, why is Idris suddenly being portrayed as deficient in speech and reading now that some powerful people are being linked to some suspected hired killers? Why?

The Punch

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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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