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Akwa Ibom 2023: “I’ll Prioritize Job Creation, Rural Development & Agri-business- Umo Eno

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Michael Effiong
Umo Eno, a Pastor, is the Peoples Democratic Party ( PDP) gubernatorial aspirant for Akwa Ibom State. He is an acccomplished entrepreneur and visionary leader who at one time was the second highest employer of labour in the state after the government.
In this interactive session with journalists, the former Commissioner of Lands and Water Resources, who prides himself as a man of capacity, character, competence and compassion discusses his life story and vision for the state.
Akwa Ibom is generally regarded as a civil service state. How do you intend to change that perception?
That impression is not true. Yes, that used to be the case, but governments over the years have worked hard to refocus the state and its people. Having lived and done business here for over 25 years, I can say that things have changed remarkably.
In deed, Governor Udom Emmanuel has done a lot in the area of industrialization. That is why we now want to connect the dots and ensure that there is a trickle-down effect of the infrastructure and industries on the people.
Is this what has inspired your ambition to run for governor?
Becoming governor for me is a calling, not an ambition. I believe that God at any point in time controls the destinies of men.
I believe that with my experience, expertise and track record, I have so much to offer our people by serving as their governor. And we have very clear short, medium, and long-term plans.
Our current government, like I said earlier, is investing heavily in infrastructure. For example, it has done major roads, set up Ibom Air and facilitated the setting up of many industries.
Therefore, we intend to ensure that our people enjoy the benefits of these industries and natural resources. We intend to connect the dots while furthering peace and prosperity
What will be your major focus?
We will be all about jobs, jobs and more jobs.The next government would provide jobs in so many ways.
We will put resources into the completion of the Science Park, which was started by Governor Victor Attah. We will promote the knowledge economy by also funding and creating ICT hubs that will engage our talented youths. We will award grants and as well as, low interest loans to SMEs.
As someone who started business from the very scratch, I know full well how funding can hamper a budding entrepreneur. So this will be a top priority.
 We want our people to earn a descent living through the work of their hands which we believe will be ultimately blessed by God
In addition, we will be involved in massive rural development. Our women will be supported in their petty businesses. We intend to invest in primary health care , rural electrification, revamp our schools and ultimately reduce rural-urban drift.
We are an agrarian state. We will harness our agriculture potentials, for example, the Oil Palm. We will invest in and explore the agriculture value chain of various crops. Agri-business will be encouraged because of its job creation and economic benefits.
Because of the current realities of the country and even the world, our state needs someone who understands the practical aspects of running the economy not just people who talk about it.
 I keep telling our people that if God gives me the opportunity, we intend to create a middle-class for this state
Akwa Ibom has a vast array of waterbodies, any plans for the riverine areas?
Of course, we have 129kms of coastline. I have promised that within our first six months in office. I will invest in trawlers and boats for our people, build refrigerating facilities and put a fish canning factory along those areas.
The people are really suffering, they are not making much from their sweat because others own everything they use. Our government will stand in the gap for them. We will also collaborate with the security agencies to give them adequate protection along the waterways.
Also, we will develop the tourism potential of these water bodies, our beaches will be upgraded and we will tie this with our comprehensive hospitality and tourism plan.
You know hospitality/ tourism sector is my forte. We will upgrade all our tourists sites, harness our tourism assets and revamp our beaches to international standard as well as provide all support services like roads, bars etc. Our goal is to make Akwa Ibom the number 1 tourism destination in Nigeria.
Seriously, we intend to make the state very investment friendly, our people are hospitable, we have excellent road network, our state is peaceful. So, Akwa Ibom will be the one-stop investment destination. We will be deliberate about attracting businesses and as a businessman, I know what is required to make this happen.
 In addition, I am probably the only candidate who has conducted a needs assessment and has plans for all sectors and LGAs of this state.
My vision is to deliver a prosperous state with ease of doing business. We want to create a state where every Akwa Ibom person will have a sense of belonging and where every part of the state will be developed based on comparative advantage.
I will round off by saying that I have an economic blueprint encapsulated in what we have called the ARISE Agenda. Which covers agricural revolution, infrastructural renewal and maintenance, women and youth empowerment, ICT development security management and sound education and healthcare sector management, sports and tourism development, reorganisation and upskilling of the civil service as well as wealth creation.
A lot of people say that you do not have the requisite political experience for the job at hand?
Really? I am probably one of the few who combines public sector and private sector experience.
In terms of political experience, I have been in politics for decades, though not an active participant. I began my stint in public service courtesy of Obong Victor Attah, who made me Chairman, Akwa Ibom Hotels and Tourisim Board from 2004-2007. While there, we made our modest contribution. It was under my watch that the first Hotel/Tourism Directory was published in this state.
After that assignment, I went back to my business until Governor Udom Emmanuel invited me to become Executive Director, Agricultural Investments Directorate of Akwa Ibom State Investment Corporation ( AKICORP). While there, among other things, we planned and developed the first ever comprehensive data base of farmers in the state. And we covered crops and animal farmers. It has helped government to easily coordinate, support, educate and execute programmes.
 Also, I was made to Chair the team to establish the Ibom Fadama Microfinance Bank. This was a project that had been in the pipeline for years, but we were able to get all the approvals done. The bank is now up and running.
It was while still on that assignment that I was made Commissioner for Lands and Water Resources. I was there for slightly over a year before I resigned to face this gubernatorial race.There too, we initiated the Akwa GIS project, began the revamping of Akwapalms which had been moribund for decades and also negotiated compensation for communities whose land had been acquired for years. As you can see, I have always tried to leave a mark in any assignment I take up. God has been faithful at all times.
In the private sector, I began my work career in banking and left paid employment as a Group General Manager to start my own business called Royalty Group, a company that at a time employed over 2500 people and was second highest employer of labour in the state. We were the first indigenous company to win catering contract in the oil and gas industry. We were servicing thousands of staff daily on different platforms. That takes a lot of discipline, precision, project management, personnel management, quality control, and above all integrity. That is why I say with all sense of modesty that no one in the race has my job creation and management credentials.
Let’s mellow down a bit. I have heard that your story is an inspirational one. Tell us about growing up?
I grew up in the Police Barracks. I am a Barracks boy. I started from the lowest of the low. I grew up in the barracks because my father was a police officer. Therefore, because of my upbringing, I understand community living, and I understand inter- tribal living. I wasn’t born with a silver spoon.
As someone from that kind of setting, people sometimes may look down on you, because you have to struggle to survive. But the culture of discipline was something that helped to shape one’s life.
Tell us about your dad, the police officer
Fine police gentleman, one of the finest I have seen. My father was trained by the British, a very strict disciplinarian, someone who will not take no for an answer, a man who brought us up under strict disciplinary conditions, clean person.
I remember that while growing up that he won the award of the cleanest officer of the year times. He was meticulous
He was the kind of man that when he sits down, he will rub his hands on the table to see if it was dusty. If it was, you would be in trouble.
My father will put his radio (radio Nigeria)on to listen to the 4 O’clock news because he will come back home by 3pm and he knew where he left the setting of that radio.
 So if anyone tampered with it, he usually finds out. He will call me, Umo, who touched the radio? and you dared not lie to him because he knew what had happened. That was the kind of father I had.
He paid attention to details. I think some of these characteristics I have imbibed, and I will eternally remain grateful to him.
What of your mum?
My mum was everything to me and I don’t like talking about it in interviews because sometimes I become emotional,you know my father died in active service in Kaduna and my mum was barely forty years then.
My mum gave up everything to take care of all of us, six of us .
My mum was there for us, she never got married again. We were her only priority.
I am happy that later, she came to live with us and enjoyed her older years. She was able to live peacefully with my wife in the same house until she passed.
She was my prayer warrior. To her, I was still that small boy. She will scold you for things you didn’t do right, and for the ones you did right, she will hug and pray for you. My mum was just special
Take us into your educational journey?
My first school was Local Authority Primary School in Ikeja, we just used to trek to school because it was close to the Ikeja barracks.
While other boys used to go out to play football after school, I could not because I used to have so many chores to do and you dared not go out without finishing all my tasks. That was how I lost interest in football.
When I finished my primary education at Local Authority, my parents felt that we had to understand our language and culture because at the time, when you speak Ibibio to us, we could hear but we could not speak. We only spoke English, pidgin and Yoruba.
My father and all police officers from here decided to send their children home. That was how I was bundled to St. Francis secondary school in Eket.
I spent only two years there because to be honest with you, I couldn’t really cope with the environment, the disciplinary nature, the punishments, it was just something I couldn’t stand so after my second year when I went on vacation, I was seriously sick so my mum decided that I should not return there despite my father’s insistence. That was how my mum took me to Victory High School in Ikeja which was where I eventually finished.I left as the Senior Prefect.
Pastor Umo Eno
Fill us in on the years between Secondary School and University?
The truth is that if you look at my CV, there is a lot of gap in my educational sojourn because when I finished secondary school and got employed in the bank. I started working in the bank two years before my father died.
I decided to work to augment the income of my parents and also save some money to continue my education.
I had been working for about two years when my father died. I was the eldest of six siblings, so I had to grow up very fast and become a bread winner.
At the time, too, I was courting my wife and she lost her mother too. She had five siblings as well and they too became my responsibility.
I was at the bank and was attending Apostolic church. It was in that church that I met a gentleman, Mr. Albert Inyang, MD, Bertola Machine Tools Nigeria Limited who invited me join his business because he knew the troubles I was going through and he stated that, if I worked hard, the money the bank was paying me in one year, I can make in one month.
He is still alive, he is one of the greatest men I respect because he gave me encouragement and that was how I found myself working for him as his Commercial Director and I moved on in life after that.
So, the gap in my education is the years spent trying to raise my kids and family. I eventually went to stùdy at the University of Uyo after I formed Royalty Group and relocated to Akwa Ibom State.
Now that you have mentioned Royalty. How did it happen?
From Bertola, two of us were invited for an interview at Norman Holdings. I was the preferred candidate. You know, they referred to me as the preferred candidate. So that name has been with me from way back. I have always had the grace of God in my life, and that was how I joined Norman Holdings as Investment Officer. I grew through the ranks and became the Group General Manager.
The company needed to do some expansion, and I led the team that was commissioned to come up with three areas of investment that we would like the company to dabble into.
After weeks of hard work, I made my presentation to the board. We asked the company to consider investing in hotels, water bottling, and salt.
My Chairman said, “Umo, you have done well, but I don’t think this will work. We think you should go and do some more research”.
We have been working on this thing for six months and I knew how thorough and solid our research was.
I felt really sad, especially the fact that the Board had lost confidence in my abilities. So I went to my immediate boss and we used to discuss in pidgin English, and I said, Aunty I dey go.
I told her I believed in these projects and God helping me, I will go and execute them. That was how I tendered my resignation.
At the time I took this decision, I was very much well paid.But I had made up my mind. I then decided to come back to Eket, Akwa Ibom State. When we got here, I saw an opportunity that despite Mobil now ExxonMobil being here, the town had very few hotel facilities. I made some enquiries, and that was how we started Royalty Group.
We built our first 5-room hotel facility. Our business is a story in resilience and today, we have many other facilities in other parts of the state and we are also into other businesses including water bottling.
https://thebossnewspapers.com/2023/01/07/akwa-ibom-2023-i-was-not-convicted-or-declared-wanted-pastor-umo-eno-insists/
You are reputed as someone who loves to serve. Kindly expatiate.
I am in the hospitality industry and I love serving my customers.
I would not sit and watch my staff do everything. You show leadership. If I walk into a place and things are not done right, I make it right. We are all called to serve and besides, I am a pastor and a pastor is a servant. People see it as humility for the owner to serve, but I see it as being a first among equals.
At Royalty, you called yourself Executive Governor. How did this come about?.
I had two inspirations.In those days, I used to go to Nightshift,this was a popular night club in Ikeja, Lagos. The owner of the place was Ken Calebs- Olumese. Everyone used to call him the governor. He was always on his feet, working and serving, and I really admired that.
Secondly, I always wanted to be different. Everybody was called MD, so I wanted to create my own identity, an empire where I will be in charge, so that was what propelled me to call myself Executive Governor.
How do you see your chances, especially with the opposition that characterized your emergence?
The PDP is a very formidable force in Akwa Ibom State. Virtually all the accolades the state receives today is the work of the PDP. The party is strong, but we are not resting on our oars. We campaigned vigorously and sold our vision across the 31 LGAs.
On my emergence, we had to deal with court cases. All manner of cases, some very frivolous and annoying, outright lies, but I am told it comes with the territory.
 We have overcome them, winning all the way to the Supreme Court. Like I have said, I abhor no grudges, we are going to run an all-inclusive government.
 My running mate, Senator Akon Eyakenyi and I, assure Akwa Ibom people that the future they desire for themselves and their children is possible.
We intend to run a state couched in Christian values and virtues. With the votes of our people, I promise that we are about to witness the golden years of Akwa Ibom State.

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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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Peter Obi, Only Life in ADC, Says Fayose

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Former Governor of Ekiti State, Ayodele Fayose, says the former presidential candidate of the Labour Party, Peter Obi, is the only life in the African Democratic Congress, ADC.

Fayose made this statement on Friday while fielding questions in an interview on ‘Politics Today’, a programme on Channels Television.

He also said that the Peoples Democratic Party, PDP, is technically no more, adding that it is dead.

The former governor equally said that Oyo State governor, Seyi Makinde, should not be dragged into the woes of the PDP.

He said: “Obi is the only life in ADC; all other people in ADC are semi-existent. If Obi had remained in Labour Party or has gone to Accord Party, he is the only life there. All the other people there, they are not existing. They are old-forces.

“Openly, I supported Tinubu in 2023. I didn’t hide it. Till now I’m still there. I don’t jump. I have said it to you I’m not a member of APC and I will never be.”

DailyPost

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More Troubles for Ahmed Farouk: Dangote Drags Ex-NMDPRA Boss to EFCC over Corruption Claims

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The Chairman of Dangote Industries, Aliko Dangote, through his legal representative, has filed a formal corruption petition against the former Managing Director of the Nigerian Midstream and Downstream Petroleum Regulatory Authority, Farouk Ahmed, at the headquarters of the Economic and Financial Crimes Commission.

This was disclosed in a statement made available to our correspondent by the Dangote Group media team on Friday.

Recall that Dangote had earlier petitioned the Independent Corrupt Practices and Other Related Offences Commission to investigate Ahmed for allegedly spending $5 million on his children’s secondary education in Switzerland. He withdrew the petition a few days ago, even as the ICPC vowed to continue with its investigation.

The statement on Friday said Dangote’s petition to the EFCC followed “The withdrawal of the same petition from the Independent Corrupt Practices and Other Related Offences Commission, a strategic decision aimed at accelerating the prosecution process.”

In the petition, signed by Lead Counsel Dr O.J. Onoja, Dangote urged the EFCC to investigate allegations of abuse of office and corrupt enrichment against Ahmed, and to prosecute him if found culpable.

The petition further stated that Dangote would provide evidence to substantiate claims of financial misconduct and impunity.

“We make bold to state that the commission is strategically positioned, along with sister agencies, to prosecute financial crimes and corruption-related offences, and upon establishing a prima facie case, the courts do not hesitate to punish offenders. See Lawan v. F.R.N (2024) 12 NWLR (Pt. 1953) 501 and Shema v. F.R.N. (2018) 9 NWLR (Pt.1624) 337,” the petition read.

Onoja further urged the commission, under the leadership of Mr Olanipekun Olukoyede, “To investigate the complaint of abuse of office and corruption against Engr. Farouk Ahmed and to accordingly prosecute him if found wanting.”

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