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Buhari Knows He Has Failed – PDP

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The Peoples Democratic Party has said that it has thoroughly reviewed the President Muhammadu Buhari-led All Progressives Congress administration and come to the conclusion that it has failed in every sector.

The PDP said that it noted that available data, both locally and internationally, confirmed that the Buhari administration had failed woefully in all its promises and claims, particularly on the fight against corruption, economy, security, democracy and national unity.

The National Publicity Secretary of the party, Mr Kola Ologbondiyan, in a statement in Abuja on Sunday said the PDP observed that the Buhari administration’s claimed fight against corruption had also been exposed to be what he described as a big lie.

He also dismissed the claim as a charade designed to hound perceived political opponents while providing cover for corruption and pillaging of resources by agents of the Presidency.

Instead of fighting corruption, he alleged that “the Buhari administration is practically a felonious empire of corrupt individuals, certificate forgers, contract inflators, looters of treasuries and well-known liars, making it, ‘head to toe’, the biggest assemblage of plunderers in the history of our nation.”

Ologbondiyan added, “We ask if Mr President is indeed a man of integrity as his handlers want the world to believe. Why is he comfortable employing, embracing, surrounding himself with and offering protection to corrupt persons, certificate forgers and liars as ministers, advisers and political associates?

“Are there things Mr President benefits or has in common with such individuals that attract them to him or for which they enjoy his cover to steal public funds in parastatals, agencies and ministries, particularly those under the direct supervision of the President?

“Largely, due to the incompetence and corruption of the Buhari Presidency, our once robust economy has been wrecked, resulting in unbearable hardship, unemployment, hunger and starvation, strange sicknesses and untold depression with compatriots resorting to suicide missions and slavery as options.

He added, “Under President Buhari, our nation has become dangerously divided. Violent clashes and bloodletting has become the order of the day.

“Rights of citizens are daily violated; democratic institutions, including the courts and the National Assembly have come under attack; elections are rigged with impunity; the unity of our beloved country is now under stress.”

He claimed the Buhari administration could not boast of any major development project it had initiated, executed and completed in the last three years, in any part of the country.

Ologbondiyan alleged that the President had been going around the country looking for projects executed by other persons, including PDP governors, to commission.

He challenged the President and the APC to debate on good governance, where he said the PDP would expose the ruling party.

He said, “The PDP is ready to commence a series to expose the lies and failures of this administration as well as the huge liability, woes and dangers it has brought on our nation.

“The PDP also challenges both the Presidency and the APC to an open debate on governance, where we will further expose the failure of the APC and Buhari Presidency to Nigerians. The time has finally come.”

But the APC in its response on Sunday said the PDP was scared of its inevitable descent into oblivion because of what the Buhari-led APC administration had been able to achieve in three years.

This, it argued, was the reason why the PDP was looking for any opportunity to put the administration down.

Acting National Publicity Secretary of the APC, Yekini Nabena, said this in a telephone interview with one of our correspondents in Abuja on Sunday.

He said, “They are scared of the achievements recorded by the President Muhammadu Buhari-led APC administration which has done in three years what they could not do in 16 years with the little resources available. They will continue their propaganda but Nigerians know better.

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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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