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No Peace in Senate Except Saraki Resigns – Katsina Senator

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A senator, Abu Ibrahim (APC-Katsina) has said peace will be elusive in the Nigerian Senate until its President, Bukola Saraki, relinquishes the position.

In an interview with journalists on Thursday, Mr Ibrahim commended Mr Saraki for honourably leaving the All Progressives Congress(APC).

However, he asked him to follow up with the next logical deed: by honourably resigning.

“I think it is commendable that he has left the party. He has chosen the path of survival because it is the issue of political survival not any thing for Nigeria.

“But next is for him to resign as Senate President, because by all conventions all over the world, the majority party produces the leadership; Senate President, the Majority Leader and others.

“Again, let him be gentleman enough and resign as Senate President.

“If he does not, we will never have peace in that Senate because it is absolutely clear that APC has majority to produce the leadership.

Mr Ibrahim debunked claims that the PDP has the majority in the Senate with recent defections.

“I hear the PDP claiming majority, but it is crystal clear that APC has majority. We will have more members. We will conduct two bye-elections and we will have the two members.

“We also have some alliance with APGA. It is clear that APC has majority.

“APC with majority should produce the leadership in the Senate. 49 cannot produce the leadership.

“Saraki should resign as Senate President.”

Mr Ibrahim also debunked as unfounded an allegation that some senators attempted to break into the Senate chamber on Wednesday to reconvene plenary.

“How do you break into the chamber? If we like we can reconvene legally because it is legal for us to reconvene.

“We do not need to break into the chamber when we have the number. I will never subscribe to that.We can reconvene. The rules are there that if we are up to 30 we can reconvene.

“Why should we break into the chamber when we can reconvene legally and do what we want to do.

“It is legal. I do not see why anybody should contemplate that we can break into the chamber.

“I do not know about it and even if I know about it, I will say it is unwise.

“However, if the leadership does not ask for peace, it will not get peace. Peace is a function of leadership.

“I have been in the Senate for about four times. I cannot allow anybody to manipulate me. I cannot take it.”

He further said: “Nobody was elected as Senate President. We all came here as senators. So we have equal footing. We gave you leadership.

“If you fail to give us the right leadership and if majority of us don’t want you any more, you have to leave.

“Saraki was elected by us. At any time majority of us say he should go he has to go.

He said the APC has nothing to worry about some members leaving to team up with the PDP.

“There are some losses that will give you sleepless night. There are others that will not give you sleepless night. We have made our calculation and I am confident that we will not lose.

“For the past two years, Saraki has undermined the government.

“He has allowed frivolous motions to attack the president and the government. His continued stay as senate president did not augur well for the APC government.

“For somebody to be in the same party, same government and he did not see anything good in the president was disturbing.”

(NAN)

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US Cancels Visa Processing for Nigeria, Brazil, Russia, 72 Other Countries

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The Trump administration is suspending all visa processing for applicants from 75 countries, a State Department spokesperson said on Wednesday.
The spokesperson did not elaborate on the plan, first reported by Fox News, which cited a State Department memo.
The pause will begin on January 21, Fox News said.
Somalia, Russia, Iran, Afghanistan, Brazil, Nigeria, Thailand are among the affected countries, according to the report.
The memo directs U.S. embassies to refuse visas under existing law while the department reassesses its procedures. No time frame was provided.
The reported pause comes amid the sweeping immigration crackdown pursued by Republican U.S. President Donald Trump since taking office last January.
In November, Trump had vowed to “permanently pause” migration from all “Third World Countries” following a shooting near the White House by an Afghan national that killed a National Guard member.
Source: Reuters

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‘A Friend of a Thief is a Thief’, Defence Minister Warns Gumi, Other Bandit-Sympathizers

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The Minister of Defence Minister, Lt.-Gen. Christopher Musa, (rtd), has warned Sheikh Ahmed Gumi and other persons in the country against including bandits in northern brotherhood.

General Musa, via a statement on Wednesday in Maiduguri, declared: “A friend of a thief is a thief,” warning Nigerians against supporting terrorists and bandits in any form.

He said that the warning statement is neither accidental nor symbolic; explaining that it is a clear response to narratives previously promoted by Sheikh Gumi, who described bandits’ hiding in the bush as “our brothers” and argued that society cannot do without them.

General Musa’s message draws a firm line between compassion and complicity. While empathy has its place, justifying or normalising terrorism only strengthens criminal networks that have devastated communities, displaced families, and claimed innocent lives.

Labeling bandit as “brothers” does not reduce violence it legitimizes and undermines national security efforts.

The Defence minister’s warning serves as a reminder that terrorism thrives not only on weapons but also on moral cover. Anyone who excuses, defends, or shields criminals through words, influence, or silence shares responsibility for the consequences. In matters of national security, neutrality is not an option.

Nigeria cannot defeat banditry and terrorism while dangerous rhetoric blurs the line between victims and perpetrators. The choice is clear: stand with the law and the nation, or be counted among those enabling crime.

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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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