Connect with us

Featured

AKHA Members Visit Governor Udom Emmanuel, Pledge Total Support

Published

on

Against the speculations of defections making the rounds in the state, members of the Akwa Ibom State House of Assembly, have reaffirmed support and solidarity to Governor Udom Emmanuel, insisting that their support is based on the superlative performance that has characterized his leadership in the state.

The position was made by the Speaker, Barr Onofiok Luke, when he led his colleagues on the visit to the Governor in Government House, Uyo.

Barr Luke who regretted that two of his colleagues are absent due to official engagements outside the country, said “we came with the understanding that we were elected by Akwa Ibom people on the platform of the Peoples Democratic Party and that the leader of that party, His Excellency, the Governor in the state has performed well and we on that platform of Peoples Democratic Party have come to show solidarity because of the performance that he has been able to put on ground.”

The Speaker, apparently reacting to issues in the political circle in the state, admitted that though there appears to be some setbacks, there was no doubt that the flight would progress to its envisaged destination in peace.

He reiterated their faith in God’s strength and in the leadership of Governor Emmanuel maintaining that they visited to show their total support to him, “so that at a time like this, he is not distracted, and can continue to deliver the dividends of Democracy for Akwa Ibom people.”

As members of the state legislature, the Speaker said, “We were not elected as Governors or members of the House of Assembly to be able to think about our personal interest. We were elected to carter for the well-being of Akwa Ibom people.”

He said that the easiest bet to fulfilling the wishes of their people is their unwavering support to the “Governor who is the vision bearer that he will have the enabling environment to be able to deliver unto Akwa Ibom people.”

“We came here to show solidarity and to show that he is our candidate for 2019, not only our candidate, that we will do all within our powers and all within the law to ensure that he returns to this Hiltop Mansion to complete his tenure as Governor just like every other person did in Akwa Ibom State in 2023.”

“Your Excellency, the House of Assembly is with you and we want Nigeria to know that the House is totally with you and because God is with you and because God is with us.”

Responding, Governor Emmanuel said as a state his people are not distracted, “we are highly focused, our party chairman is here, all of us here were elected on the platform of PDP.”

“We are known to be very loyal people, the Niger Delta people are very loyal, very very loyal and highly principled people. We don’t just move like that.”

He said it was not possible to see a Niger Delta man who is on a canoe in the high sea jump inside the Atlantic Ocean on the basis of a storm.

“So we just want the world to know that we are at peace with ourselves, all is well with us as far as this union, this body is concerned and we leave the rest into God’s hands and then we will see what God wants to do,” he added.

Reaffirming his belief in God, the Governor said, “this is God’s own state, we reinstate our faith and reaffirm our faith in God and God alone,’ adding, “let the whole world know that we are PDP and PDP shall we be.”

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Featured

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

Published

on

By

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

Continue Reading

Featured

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

Published

on

By

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.

Continue Reading

Featured

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

Published

on

By

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.

Continue Reading

Trending