Connect with us

Featured

Fresh Plot to Spread Lies Against Osinbajo Uncovered

Published

on

A political group in Nigeria says there are fresh plots aimed at tarnishing the person of Vice President Yemi Osinbajo by some political actors from within the Presidency referred to as the cabal.

The Initiative to Save Democracy (ISD) says there is a calculated attempt by the cabal in collusion some South West leaders to peddle outright falsehood, fake news and lies against the Vice President.

In a press statement issued on Saturday and signed by the Peter Oladele, Secretary of ISD, the group said it has reliable information that the cabal will stop at nothing to distract the Vice President from doing his work.

The group said they are working tirelessly to malign the Vice President’s reputation and integrity after they could not find any wrongdoing evidence against him.

“The first thing they attempted to do was to destroy the relationship between the President and Vice President but that has not worked despite deploying different strategies from inside and outside.

“Then they tried to malign the Vice President’s reputation by throwing up all sorts of trump charges against him but with no evidence of wrongdoing that soon crumbled.

“They even referred to the N5.8 billion NEMA Emergency Intervention, the N90 billion FIRS Campaign Fund and other fake news but all those failed too because they were fake news from the beginning. They even went after those who have backed the Vice President,” the statement said.

ISD then explained that the cabal is cooking more fake news and lies against the VP and this time its in conjunction with South West leaders.
“In the coming days and week, there will be fake news and lies about the Vice President in the media and social media space yet again, most of it fabricated by the cabal and some people who claim to be South West leaders but again it will fail.

“The plan of the cabal is to ensure that they distract the Vice President every week with some fake news. What this will ultimately mean is that instead of him to focus on the work he is doing for Nigeria, he will be concerned about the fake news and lies.

The group said that the cabal is very angry at the President for showing off the cordial relationship he enjoys with the Vice President during the Independence Day celebration on 1 October.

“Their renewed anger at the Vice President stemmed from the showing he enjoyed with his boss during the Independence Day celebration. The cabal said the two of them appeared to still enjoy a very healthy relationship as they were seen talking and laughing as something the President had said at different times.

“They will stop at nothing to make Prof. Osinbajo look bad in the eyes of President Muhammadu Buhari, his boss. They also don’t like the fact that he has restated his loyalty to serve Nigeria and serve his boss, these are some of the things getting them angry.”

The group said it is too early for the cabal to be scheming about 2023 when we are in 2019 with a lot of work to be done by the present administration. “I think they should leave politics for now and allow the President and Vice President concentrate on the work at hand.

“They were elected to deliver the dividends of democracy to Nigerians and they should be allowed to deliver their mandate instead of pushing politics into their faces. We urge Nigerians not to distract themselves with negative politics,” the group said.

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