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PDP Faults Buhari’s Achievements, Says President Should Be Ashamed

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The Peoples Democratic Party (PDP) has reacted to the flaunted policies and projects began and completed in the last six years under the regime of President Muhammadu Buhari, saying the President ought to be ashamed that Nigerians were worse off than they were in 2015 when he took office, instead of celebrating “phantom achievements.”

The National Publicity Secretary of the PDP, Kola Ologbondiyan, said this in a telephone interview with The PUNCH in Abuja, on Sunday.

Ologbondiyan further said, “Let us even assume that the claims by the regime are true, how has these impacted on the lives of Nigerians? What is the value of a Nigerian life today?

“The exchange rate of the naira to the dollar is the worst in our history. The President has failed this nation; Nigerians can’t wait to vote out this rudderless regime and all it represents.”

The Presidency had noted in a statement by Femi Adesina that a giant-sized jinx was broken recently when the Nigerian National Petroleum Corporation announced a first net profit of N287bn in its 44-year history, the PDP said such achievements reeled out by the government had no impact on the lives of Nigerians.

The Special Adviser to the President on Media and Publicity, Femi Adesina, disclosed this in a statement titled, ‘Jinxes broken by the Muhammadu Buhari administration – Presidency’.

“NNPC’s success is by no means the only major jinx broken in the lifetime of the Buhari administration. They abound. And here are just some of them. The list is by no means exhaustive:

“Policies and legislation: Petroleum Industry Bill signed into law in 2021, after almost two decades in the works. It is aimed at reforming a Petroleum Act dating back to 1969, as well as other supplementary laws and regulations.

“Deep Offshore and Inland Basin (Production Sharing Contracts) Act, 2019, amended for the first time since 1993.”

It also listed the over $6bn of inherited Cash Call Arrears now being cleared by the regime since 2016; adding that more than $3bn of the arrears (due to International Oil Companies) had since been paid among others.

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Mike Adenuga, Emmanuel Macron Hold High-Powered Meeting in Paris

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Accomplished billionaire businessman and Commander of the French Légion d’Honneur, Dr. Mike Adenuga Jr., GCON, CdrLH, has held a private meeting with the French President, Emmanuel Macron.

The two powerful citizens of the world held the meeting on Wednesday at the historic Élysée Palace in Paris.

The high-level engagement underscores the longstanding relationship between Dr. Adenuga and the French Republic, as well as his continued relevance in global business and diplomatic circles. 

A respected industrialist and philanthropist, Adenuga has been widely acknowledged for his contributions to economic development, telecommunications, energy, and humanitarian causes across Africa and beyond.

The meeting adds to Dr. Adenuga’s growing profile as a bridge between African enterprise and international leadership.

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Free at Last: Burkina Faso Releases 11 Nigerian Soldiers, Aircraft

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Burkina Faso has released Nigerian soldiers who were detained after their aircraft made a forced landing in the Sahelian country earlier this month, Nigerian officials said.

The release followed a diplomatic intervention by President Bola Tinubu, who dispatched a high-level delegation led by the Minister of Foreign Affairs, Yusuf Tuggar, to meet Burkina Faso’s Military Leader, Ibrahim Traoré, on Wednesday.

In a statement, Alkasim Abdulkadir, Tuggar’s spokesperson, said both sides resolved the matter amicably and secured the release of the Nigerian Air Force pilots and crew.

The soldiers had been held for nearly two weeks after the Confederation of Sahel States (AES) described the aircraft’s landing as an “unfriendly act” carried out in defiance of international law.

The Nigerian Air Force, however, said the crew encountered a technical issue that required a precautionary landing in Bobo-Dioulasso, the nearest available airfield. It said the landing complied with standard safety procedures and international aviation protocols.

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Corruption Allegations: NMDPRA Boss Farouk Ahmed Meets Tinubu, Resigns

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The Chief Executive Officer (CEO) of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Farouk Ahmed, has resigned following a meeting with President Bola Tinubu amid corruption allegations.

Tinubu, on Wednesday, summoned Ahmed to the Presidential Villa in Abuja, following allegations of economic sabotage and corruption.

Also caught in the web of resignation was the CEO of the Nigeria Upstream Petroleum Regulatory Commission (NUPRC), Gbenga Komolafe, according to a statement on Wednesday by Bayo Onanuga, special adviser to the president on information and strategy.

Tinubu was said to have nominated successors to the senate for approval.

“Tinubu has asked the Senate to approve the nominations of two new chief executives for the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) and the Nigerian Upstream Petroleum Regulatory Commission (NUPRC),” the statement reads.

“The requests followed the resignation of Engineer Farouk Ahmed of the NMDPRA and Gbenga Komolafe of the NUPRC.

“Both officials were appointed in 2021 by former President Buhari to lead the two regulatory agencies created by the Petroleum Industry Act (PIA).

“To fill these positions, President Tinubu has written to the Senate, requesting expedited confirmation of Oritsemeyiwa Amanorisewo Eyesan as CEO of NUPRC and Engineer Saidu Aliyu Mohammed as CEO of NMDPRA.”

Onanuga said the two nominees are seasoned professionals in the oil and gas industry.

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