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Adeleke Hails Glo, Adenuga for Enormous Contributions to Economy

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The governor of Osun State, Senator Ademola Adeleke, has praised Globacom for its enormous contributions to Nigerian society. He also lauded the company’s chairman, Dr. Mike Adenuga, Jr., for his strong faith in the country.

Governor Adeleke, who made the remark while entertaining a Globacom team in his office in the state capital, insisted that “the subnational entities are where your market is and even though the regulatory body is national, your market base remains the states and the local governments. You must deliberately prioritize partnership with the state government”.

“The telecom community must understand that giving full support to the states in terms of payment of right taxes and corporate social responsibility is an investment in your market. The more robust the state governments are, the more buoyant your market will be,” the governor averred.

He extolled Dr Adenuga, who he described as a “great Nigerian whose impact on the Nigerian and the African economy cannot be quantified.”

He told the Globacom team that his administration was prepared to work with the corporation on a business partnership. “Be rest assured that this partnership is already a reality. We just need to work out the details”, the governor added.

The Glo Public Sector team leader, Niyi Odejobi assured the governor that the telecom behemoth is prepared to support the state to flourish.

He said Globacom is prepared to roll out digital and internet infrastructure to support companies and government in the state, promising that the cooperation will transform Osun state.

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Atiku Frowns at Military Parade for Tinubu’s Son, Calls for Probe

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Former Vice President Atiku Abubakar has called for an urgent investigation into a recent military-style parade in honour of Seyi Tinubu, the son of President Bola Tinubu.

Describing the incident as a gross violation of military traditions, Atiku criticized the display, which he said undermines the integrity of Nigeria’s Armed Forces.

His media adviser Paul Ibe, in a statement on Sunday, said Atiku expressed outrage over a video circulating online that showed Seyi Tinubu receiving military honours from a group of young men in full military regalia.

He described the act as an “aberration” and demanded accountability.

Atiku specifically took issue with the group behind the display, the so-called “Nigeria Cadet Network,” which he alleged is not a recognized body within the Nigerian military.

“It is with utter dismay and concern that Nigerians were subjected to a nauseating video where a group of young men, armed and in full military procession, bestowed upon the President’s son unwarranted military honours,” the statement read.

Atiku noted that the use of the title “Cadet,” typically associated with young, formally trained military personnel, by an unregistered civilian group amounted to an exploitation of the military’s esteemed traditions.

The former Vice President also raised alarm over the apparent use of firearms during the parade, stressing the dangers of illegal arms proliferation in Nigeria.

“In an effort to uncover the truth behind this shameless procession, we instructed our legal team and military experts to investigate the so-called ‘Nigeria Cadet Network.’

To no one’s surprise, it was revealed that the group is not a legally registered entity,” Atiku stated.

“What is even more alarming is the brazen use of firearms by civilians in this so-called parade, at a time when illegal arms proliferation is at a dangerous high in our country.”

Atiku has called on Nigerian security agencies to urgently investigate the following: The legitimacy of the “Nigeria Cadet Network” and its use of the military title Cadet, the source and legality of the firearms displayed by members of the group, and the appropriateness of granting military honours to Seyi Tinubu by non-commissioned civilians under security protection.

Atiku emphasized the importance of protecting the reputation and traditions of the Nigerian Armed Forces, urging authorities to ensure accountability for any violations of the law.

“If it is determined that any legal violations were committed by the President’s son or members of the so-called ‘Nigeria Cadet Network,’ it is the constitutional duty of Nigerian security agencies to ensure that the law takes its course and those responsible are held accountable,” Atiku asserted.

The viral video, which emerged recently, has generated widespread debate and criticism on social media, with many questioning the implications of the parade for Nigeria’s military discipline and the rule of law.

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FG Lifts Ban on Mineral Exploration in Zamfara

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After more than five years of security restriction, the Federal Government has lifted the ban on mining exploration activities in Zamfara State, citing significant improvements in the security situation across the state, according to a statement signed by Special Assistant on Media to the Honourable Minister of Solid Minerals Development, Segun Tomori, and made available to The Boss.

Making the announcement during a press briefing at the weekend, the Minister of Solid Minerals Development, Dr. Dele Alake stated that the nation has a lot to gain from reawakened economic activities in a highly mineralised state like Zamfara that is imbued with vast gold, Lithium, and copper belts. He noted that the previous ban, which was good intentioned, inadvertently created a vacuum exploited by illegal miners to fleece the nation of its resources. He emphasized that the state’s potential for contributing to national revenue is enormous.

It will be recalled that in 2019, the federal government imposed a total ban on mining activities in Zamfara State due to the escalating security concerns, particularly the links between banditry and illegal mining.

Since the beginning of the Tinubu administration, however, intelligence-driven, coordinated security operations have resulted in the neutralization of key bandit commanders, significantly reducing incidents of insecurity. A recent success was the capture of one of the most wanted bandit commanders, Halilu Sububu, in a covert operation in Zamfara.

“The existential threat to lives and properties that led to the 2019 ban has abated. The security operatives’ giant strides have led to a notable reduction in the level of insecurity, and with the ban on exploration lifted, Zamfara’s mining sector can gradually begin contributing to the nation’s revenue pool,” Alake asserted.

The minister added that the lifting of the ban would also facilitate better regulation of mining activities in the state. This will enable more effective intelligence gathering to combat illegal mining and ensure the country benefits from the state’s rich mineral resources.

Commending members of the fourth estate of the realm for championing the propagation of reforms and initiatives of the ministry in 2024, Alake noted that the press have been key allies in efforts to sanitise the mining sector, and promote market reforms which have made the industry attractive to indigenous and foreign investors.

On the recent controversy surrounding the Memorandum of Understanding (MOU) with France, Alake reaffirmed the Federal Government’s position that the agreement does not imply Nigeria is relinquishing control over its mineral resources or entering into any military pact with France. He emphasized that Nigeria’s military remains fully capable of safeguarding the nation’s territorial integrity.

“The high point of the MOU is on training and capacity building for our mining professionals. We need all the assistance we can get in terms of capacity, technical, and financial support from abroad, and that wasn’t even the first we are signing. We’ve signed similar ones with Germany and Australia. Deliberate peddling of misinformation, despite facts to the contrary, is uncalled for, “the minister emphasised.

Dr. Alake also urged the media to continue to play its crucial role in educating the public about government policies in order to prevent ignorance, mischief, and the spread of misinformation.

Looking ahead to 2025, the minister hinted at upcoming policy initiatives aimed at revitalizing the mining sector. He revealed that the ministry plans to further consolidate reforms, enhance the enabling environment for investments, and continue efforts to reposition the sector for long-term, sustainable growth.

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We’ve Not Shutdown Port Harcourt Refinery, NNPCL Debunks Report

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The Nigerian National Petroleum Company Limited (NNPCL) has debunked reports in some sections of the media that the newly resuscitated old Port Harcourt refinery has been shut down.

A statement by the Chief Corporate Communications Officer NNPC Ltd, Olufemi Soneye in Abuja on Saturday, said the refinery is “fully operational”.

The 60,000 barrels per day capacity old PH refinery came back on stream two months ago after years of being shut down.

“We wish to clarify that such reports are totally false as the refinery is fully operational as verified a few days ago by former Group Managing Directors of NNPC,” the statement said in part.

The statement added that preparation for the day’s loading operation is currently ongoing.

The Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri and his entourage during an inspection tour of the rehabilitation work progress at the Port Harcourt Refining Company (PHRC) Ltd. plant, in Port Harcourt recently

“Members of the public are advised to discountenance such reports as they are the figments of the imagination of those who want to create artificial scarcity and rip-off Nigerians,” Soneye added.

Three years ago, the Federal Government approved $1.5 billion (1.2 billion euros) to repair the plant, one of the country’s biggest refineries which was shut down in 2019.

Despite being one of the largest producers of crude oil, Nigeria has over the years relied on the importation of petroleum products owing to a lack of local refining capacity.

Nigeria swaps crude worth billions of dollars for petrol that it had subsidised for years to keep prices cheap for its domestic market. Fuel imports and subsidies caused a huge drain on foreign exchange when Nigeria was struggling with dwindling oil revenues and foreign currency shortages.

But in September 2024, the Dangote refinery began the production of petrol, months after it said the plant had started operation.

While giving an update, the Group Chief Executive Officer of the NNPCL, Mele Kyari said the 150,000 barrels per day new Port Harcourt Refining Company (PHRC) complex will come on stream by mid-2025.

Kyari also noted that the old refinery complex which started full operations can feed 200,000 trucks with various products per day.

He said the major challenge that plagued the timely resuscitation of the complex was ensuring a complete overhaul of the machines which are brand new.

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