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Explain Why Oando Got Accelerated Approval In AGIP/ENI Purchase Deal, Atiku Tells Federal Gov’t
Former Vice President Atiku Abubakar has asked the Federal Government to explain why Oando Plc owned by the President’s nephew, Wale Tinubu, got an accelerated approval to buy the onshore assets of AGIP and ENI while other transactions such as the Shell/Renaissance deal and the Mobil/Seplat continue to suffer alleged delays.
As tatement by the Special Assistant on Public Communication to the former Vice President, Phrank Shaibu, qouted Atiku as saying, “Tinubu visited the FMDQ in New York, visited Qatar, visited France where he told lies about removing petrol subsidies. Obviously, this is not a man who is serious about attracting FDI. More worrisome is that he is not even brave enough to admit that subsidy is being paid. The NNPCL admits that N7.8tn is owed to the national oil company by the Nigerian government.
“IMF estimates that subsidy payments this year will constitute 3% of GDP, which is about $7.5bn. This will be about N11.8tn. Yet, the petrol scarcity continues to linger while the Tinubu administration continues to frustrate the Dangote Refinery and even its own NNPCL facilities. Obviously, the subsidy regime has become an even wider conduit pipe through which monies for funding the 2027 election will come from.”
The former Vice President doubled down on his allegation that Oando was being given undue and preferential treatment in the oil and gas sector to the detriment of more competent investors.
The presidential candidate of the Peoples Democratic Party (PDP) in the last election also knocked the House of Representatives for failing to take proper action on the NNPCL which has now gone ahead to “mortgage the country’s national oil assets to vested interests”.
Atiku said, “Within just eight months, the Nigerian Upstream Production Regulatory Commission (NUPRC) approved a deal which saw the divestment of ENI/AGIP onshore assets to Oando. Within that same period, Nigeria controversially withdrew all litigation against Shell/ENI in the OPL 245 scandal in what has been described as a quid pro quo.
“However, the attempt by SEPLAT to buy Mobil’s onshore assets has continued to stall for the last three years even as the consent letter remains on Tinubu’s table. The deal between Renaissance and Shell continues to stall. In fact, the only deal that has fully scaled through so far is the one involving Oando. We now know why it got accelerated approval.
“Ideally, democracy ought to be government of the people, for the people, and by the people. But democracy in Nigeria has become the government of Tinubu, by Tinubu, and for Tinubu and his family members.”
Atiku added, “In July 2023, the House of Representatives, following the adoption of a motion moved by Miriam Onuoha directed NNPC Ltd to suspend the acquisition of OVH assets pending an investigation by its committee.
“The House ad-hoc committee requested the NNPC Ltd to furnish it with information about registration documents/history from CAC for OVH, Nueoil, and NNPC Retail Limited (NRL), Board Resolution of NNPC Ltd on purchase of OVH, Audited Financial Statement and Management Accounts from 2015 to date of OVH, Nueoil, NRL and NNPC Ltd and the payroll from 2015 to date for NRL and OVH; Board Resolution of NRL/CHQ for movement of head office to Lagos and evidence of Tax Payments for NRL and OVH from 2015 to date.
“The NNPC ignored all these and went ahead to transfer its ownership and properties in its retail arm to OVH, thereby mortgaging the future of Nigerians.
“Despite the rot in the oil sector, the head of the NNPC, the head of the NUPRC, and the head of the NMDPRA continue to keep their jobs. This is clear evidence that they are fulfilling the mandate given to them by Tinubu.”
Furthermore, Atiku pointed out that the NNPC lied in its vacuous response to their statement last week, as it is on record that the Kyari-led management appointed Huub Stoksman, a former Chief Executive Officer of OVH Energy, as Managing Director of NNPC Retail, and Mumuni Dangazau, the former Chief Operating Officer of OVH Energy, as his Special Adviser Downstream, long before the consummation of the incestuous marriage of the entitities.
In a related development, Atiku also lambasted the Tinubu administration for the rise in human rights abuses.
The Waziri Adamawa said Tinubu who rode to power over exaggerated claims of being a freedom fighter, had turned against the people by allowing the Department of State Services (DSS), police and even the military to abuse the rights of citizens without any consequences.
He said that in some instances, citizens were arrested in a gestapo manner without the knowledge of their relatives who go about looking for them for several weeks.
The former Vice President said the most affected since Tinubu took office have been journalists whose only crime is reporting the news and exposing government indiscretion.
He argued that the Cyber Crime Prevention Act 2015 had become a tool with which officials in the Tinubu administration were abducting citizens while the Nigeria Police Force National Cybercrime Centre (NPF-NCCC) had transmuted into the defunct SARS.
Atiku added, “The dangerous trend of enforced disappearances has become a national embarrassment for a country which claims to be practising democracy. On May 1, 2024, Daniel Ojukwu of the Foundation for Investigative Journalism went missing and was presumed abducted by kidnappers until he was later discovered to be in police custody on the orders of IGP Kayode Egbetokun.
“Ojukwu’s crime was that he exposed the corruption of a government official who currently serves in Tinubu’s administration. On July 23, the DSS arrested one Aliyu Sanusi in Sama Road of Sokoto, the state capital for printing and distributing materials ahead of the #EndBadGovernanceProtest Even the arrest and release of the former BBC Pidgin Editor and current West Africa Regional Editor of the Conversation, Adejuwon Soyinka, clearly shows a pattern, which objective is to intimidate journalists for speaking truth to this government.
“Now, the police have arrested Bristol Tamunobiefiri, who owns the PIDOM Nigeria blog on X, formerly Twitter. After detaining him for over two weeks, he was granted an administrative bail, which will be impossible to meet. This is despite the fact that the Appeal Court, in the case of EFCC V. Emem Uboh (2022) LPEIR – 57968 (CA) held that administrative bail is illegal. Bristol should, therefore, be arraigned in court immediately or released.”
Atiku advised Tinubu to take cases of human rights abuses seriously or Nigeria would remain at the risk of being slammed with sanctions which would prevent western powers from selling weapons, a development he argues could undermine Nigeria’s ability to tackle insecurity.
“Amnesty International still has a pending petition before the Foreign Committee of the US Congress against the sale of weapons to Nigeria due to human rights concerns in line with the Leahy Law. Tinubu would do well to curb these cases of rights abuses by law enforcement authorities who all report to him as commander-in-chief,” the former Vice President said.
News
Abuja Task force operative shot dead in Wuse 2 in operation to seize moving security vehicle
A member of the Federal Capital Territory (FCT) task force yesterday was shot dead during a confrontation, while trying to seize a moving vehicle ọf an unidentified security personnel in Wuse 2 Area ọf Abuja
The incident, which caused tension in the Wuse 2 district, occurred around Adetokunbo Ademola Crescent.
It was gathered that the victim died on the spot after being shot during the altercation.
Eyewitnesses said the deceased operative was among task force officials attempting to impound a vehicle when an argument broke out with occupants of the car.
During the altercation, a security operative allegedly fired warning shots before shooting one of the task force members at close range.
A witness explained that the dispute began after the vehicle was stopped at a traffic light, with the driver insisting that an object placed under the car be removed so he could move.
According to the source, “There were three of them at the traffic light where the car stopped. The officer kept saying, ‘Remove the object you placed under my car. My tyre is stuck.’ But they ignored him.
“When the traffic light changed, everyone moved on, but the man could not move because they prevented him. He again told them, ‘Remove the object from my car and let me go.’ But they insisted that he must either provide his papers or pay.
“The officer then fired a warning shot into the air to scare them, but they continued shouting, saying they were not afraid and that he was lying. The security personnel then stepped back and shot one of them directly in the forehead. He fell down and died instantly.
“The next thing I saw was that all of them started running away. But this young man lost his life for nothing. If they had listened when the officer asked them to remove the object from the car, he would still be alive.
“The man in the car was moving in a convoy with some security personnel and foreign nationals. A foreigner was inside the vehicle when the task force operative stopped it.”
Residents and passersby who gathered at the scene expressed concern over the growing tension caused by enforcement activities in parts of the capital.
The exact circumstances surrounding the shooting remain unclear, and authorities are yet to issue an official statement as of the time of filing this report.
News
Alleged Coup: Military inaugurates general court-martial, begins trial of suspects
The Nigerian military yesterday inaugurated a general court-martial to try officers accused in an alleged coup plot, marking the formal commencement of proceedings.
The News Agency of Nigeria (NAN) reports that the accused officers were brought to the venue of the sitting, the Guards Brigade Scorpion Mess, Asokoro, at about 8:53 a.m. under tight security.
Journalists were, however, denied access into the courtroom as proceedings commenced behind closed doors.
Several civil lawyers were observed arriving at the venue ahead of the inauguration, suggesting the presence of legal representatives for the accused.
The sitting signals the beginning of the military’s internal trial process following months of investigation into the alleged plot.
The case dates back to October 2025, when about 16 serving military personnel, comprising senior and junior officers, were arrested over alleged acts of indiscipline.
Subsequent investigations by military authorities, however, established that some of the officers had cases to answer bordering on an alleged attempt to overthrow the constitutional government, leading to the decision to subject them to court-martial.
NAN reports that more than 30 accused officers were brought in a luxurious “Marcopolo” bus.
In a related development, the federal government had earlier arraigned several civilian suspects and retired military personnel before a Federal High Court in Abuja over the same alleged coup plot.
The defendants, including a retired major general and a serving police officer, were charged with offences bordering on treason and terrorism.
They all pleaded not guilty to the charges.
The court subsequently ordered their remand in custody pending the hearing of their bail applications.
The parallel proceedings underscore the dual-track approach, with serving military personnel facing court-martial, while civilians and retired officers are being tried in civilian courts.
Further details of the court-martial proceedings were not immediately available as at the time of filing this report. (NAN)
News
Protesters Storm Streets In Kwara South, Lament Terrorists Takeover Of Yoruba Communities, Demand Action From Tinubu Govt
Residents of Kwara South under the aegis of the Kwara South Development Forum have staged a protest over what they described as incessant insecurity ravaging their communities, calling on President Bola Tinubu and Kwara State Governor AbdulRahman AbdulRazaq to act swiftly before the situation spirals further out of control.
The protesters accused armed groups, which they repeatedly described as terrorists, of taking over indigenous Yoruba communities in Kwara South, unleashing a wave of killings, kidnappings, and mass displacement of residents.
They warned that entire communities had been overrun, while local vigilante structures have been systematically dismantled.
Speaking during the protest, the Convener of the forum, Obashola Ayomide Ridwan, painted a grim picture of the security situation, alleging that informants have been aiding the attackers in targeting local defense leaders.
“Our local vigilante commanders were identified by informants, and the terrorists went after each of them and killed them one by one. After eliminating these commanders, they took over our communities, killing and kidnapping innocent people,” he said.
He added that the consequences had been devastating across the region, with families torn apart and social structures collapsing.
“Our mothers, fathers, sisters, and brothers have been killed and kidnapped, while our schools have been shut down in Kwara South. We are demonstrating today to express our concerns to President Tinubu and Governor AbdulRazaq to empower the local vigilantes and other security agencies to end the kidnapping and killings in Kwara South,” Ridwan stated.
The group also urged traditional rulers across Kwara South to rise above divisions and collectively engage the presidency, stressing that urgent high-level intervention is needed to halt what they described as a “creeping occupation” of their land.
During the protest, emotions ran high as victims and residents shared personal accounts of loss and displacement.
A female protester, Adebisi Jimoh, recounted how her community, Babanla, has effectively been abandoned due to persistent attacks.
“Our community has become deserted. Our family members have been kidnapped, and we had to raise ransom to secure their release. Many of us have been chased out of our homes,” she said.
Another protester, Sodiq Amidu, who spoke through tears, narrated how two of his close associates were abducted and only released after paying heavy ransom.
He identified the victims as Abdullah Issa, who paid N10million, and Yusuf Ibrahim, who paid N5million before regaining freedom.
“They were lucky to come back alive. Many others are not that fortunate,” Amidu lamented.
Also speaking, a prominent activist in the region, Aleshinloye Saheed, alleged that the attackers were able to consolidate control after eliminating local resistance.
“Our brave vigilante commanders have been killed, and our people have become vulnerable. Communities in Kwara South have been deserted as a result,” he said.
He called for what he described as “concerted action” from both federal and state authorities.
“We are calling on President Bola Tinubu and Governor AbdulRahman AbdulRazaq to take decisive and coordinated action over the incessant insecurity in Kwara South,” Saheed added.
Another protester, identified as Ishola Kwara, appealed directly to traditional rulers and the state government, expressing deep frustration over what he described as a lack of adequate response.
The protesters maintained that without urgent intervention — including the empowerment and restructuring of local vigilante groups and stronger security presence — Kwara South risks further descent into lawlessness.
They vowed to continue peaceful demonstrations until concrete steps are taken to restore security, rebuild trust, and enable displaced residents to return to their ancestral homes.
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