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June 12 Anulmemt: CDHR Seeks Babangida’s Prosecution

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The Committee for the Defence of Human Rights (CDHR), has implored President Bola Tinubu, to prosecute Nigeria’s former Military President, General Babangida for crimes against humanity and for annuling the June 12, 1993 Presidential Election that subverted the democratic will of the Nigerian people.

Babangida, had few days ago admitted that Bashorun MKO Abiioa, won the presidential election, and begged Nigerians to forgive him for annuling the election.

Babangida’s belated admission is not only an affront to the principles of democracy and justice but also a clear acknowledgment of his direct involvement in an act that plunged Nigeria into years of political turmoil, civil unrest, loss of lives and properties and inestimable economic hardship, Debo Adeniran, President of CDHR, in a statement on Friday.

He reasoned that such action should be regarded as a coup d’état to the administration of M.K.O Abiola who was robbed in broad daylight and denied the opportunity of savouring his well-deserved victory at the polls.

He told President Tinubu that Babangida’s prosecution should not be difficult since the chief plotter has confessed to these crimes in public and in writing as published in his book, “A Journey in Service”.

According to him, the fact that the result of that election was already in public domain and everybody knew that Abiola won the election, before Babangida in his typical deft ‘Maradonic’ maneuvering of people’s sensibilities stopped the official announcement of the remaining results, made the annulment as good as committing a coup d’état against the administration the people voted for.

He added: “His actions meet the threshold of crime against humanity, as they resulted in widespread human rights abuses and the repression of pro-democracy activists and ultimately affected huge number of people who were affected by the misrule and misgovernance that followed that inglorious annulment.

“We would also like to remind President Tinubu that just as he said that Babangida lost the opportunity to become a hero with the annulment of the June 12 election, he (President Tinubu) should not lose that opportunity of becoming the hero of the June 12 struggle by announcing MKO Abiola as a past Nigerian president with full privileges of the status posthumously granted him and his family.

“We would also like the government of the day to punish the likes of all beneficiaries of the coup d’état, especially late Chief Ernest Shonekan, and those that served in his kangaroo and illegal cabinet called the “Interim National Government”. His successor, late Gen. Sanni Abacha, Justice Ikpeme, who delivered the midnight verdict to accentuate the journey to perdition, spineless late Humphrey Nwosu, who succumbed to illegal instructions to truncate announcement of the election results and all others who benefitted from the annulment of the election one way or the other”.

He suggested that the national honours conferred on them should be withdrawn and the benefits being paid to the families of the dead ones among them should also be withdrawn.

He added that the physical belongings that they may have acquired during their illegal stay in office should also be confiscated even when some of them could no longer be prosecuted because they are no longer alive.

Besides, he urged the Nigerian judiciary, relevant anti-corruption agencies, and international human rights organizations to take decisive action in ensuring that justice is served,adding that the culture of impunity must end, and those responsible for Nigeria’s democratic setbacks must be held accountable.

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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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