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Emefiele Left Economy In Terrible Mess, We Don’t Know What To Charge Him With – Akpabio Laments

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The Senate President, Godswill Akpabio, says the current administration led by President Bola Tinubu met the Nigerian economy in a mess which he claimed was caused by policies carried out by former governor of the Central Bank, Godwin Emefiele.

The Senate President spoke during a thanksgiving service by Senator Barinada Mpigi in Koroma, Tai Local Government Area of Rivers State on Sunday.

“So, the kind of debt and economic mess that we are in, a lot of people will not understand but I remember President Obama saying that you cannot know Washington until you get to Washington.

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“So, by the time we went in to look at the economic situation of the country, it was terrible. You know that the former governor of the central bank, we did not even know what to charge him with. Whether to charge him for putting foam on top of the bill or to charge him for illegal possession of firearm or to charge him for printing notes without income, I don’t know what we are going to charge him with.

“But what we can is that yes there is hunger today because of the policies and actions that they took, and we recognise that, and I think every political party should recognise that there is hunger, and we are battling to ensure that Nigerians sleep with their eyes closed,” Akpabio said.

Assuring that the government is making efforts to end insecurity and ensure that Nigerians feed well, the former Akwa Ibom State governor appealed to Nigerian to be patient as the rot over 60 years cannot be solved in six months.

“Yes, there is insecurity, we are battling to ensure that Nigerians can take three square meals a day. But be rest assured that we campaigned for this job, we campaigned around the country, we will not let you down, we will get to the bottom of it, all we need is your patience.

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“That rots that have happened in Nigeria for so many years for almost 60 years cannot be solved in six months,” he said.

Following his removal as the CBN governor by President Bola Tinubu in June 2023, Emefiele is being prosecuted by the Federal Government over charges bordering on financial crimes.
On January 18, the Federal Government amended the criminal charges files against the former CBN governor.

They increased the charges from six counts to 20 counts. In the amendment, Emefiele was charged for alleged criminal breach of trust, forgery, conspiracy to commit forgery, procurement fraud and conspiracy to commit a felony.

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SAD! Boat ferrying Over 200 Passengers Capsizes In Niger State, Claims Many Lives

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A boat ferrying over 200 passengers capsized early Friday morning along the Dambo-Ebuchi stretch of River Niger in Niger State, resulting in several fatalities.

Eyewitnesses reported that the vessel, owned by one Musa Dangana, was en route to the Katcha weekly market, transporting a mix of market women, farm laborers, and other passengers.

The boat overturned, throwing everyone on board into the river.

As of the latest updates, local rescue teams have recovered eight bodies, with ongoing search efforts aimed at finding the remaining missing individuals.

This incident follows a similar tragedy just two months ago on October 1, when another boat capsized on the Muwo Gbajibo River in the Mokwa Local Government Area, also claiming numerous lives.

Reports suggest that none of the passengers were wearing life jackets, which may have contributed to the severity of the tragedy.

Authorities have yet to release an official statement, but investigations into the cause of the capsizing are expected to begin soon.

Rescue operations continue, and local authorities are urging increased safety measures to prevent future accidents on the river.

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SEE FULL LIST of Tinubu’s latest seven appointments

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President Tinubu has made seven new appointments.

President Bola Tinubu has appointed four individuals to join the Police Service Commission (PSC).

This Nigeria news platform understands that President Tinubu has now forwarded their names to the Senate for approval.

The nominees are Buba Ringim (rtd), a former Deputy Inspector General of Police; retired Justice Adamu Paul Galumje; Christine Ladi Dabup; and Abdulfatah Muhammed.

The President’s request, communicated by Senate President Godswill Akpabio, seeks confirmation under Section 154(1) of Nigeria’s 1999 Constitution.

In another separate request, the President nominated three individuals for the Governing Board of the Code of Conduct Bureau (CCB).

The nominees include Fatai Ibikunle, Kennedy Ikpeme, and Justice Ibrahim Buba. This request also aligns with the constitutional provisions outlined in Section 154(1) and the Third Schedule of Nigeria’s Constitution.

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Just in: NNPCL announces PH Refinery petrol price at N1,030 per litre

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The Petroleum Products Retail Outlet Owners Association of Nigeria (PETROAN) has confirmed that petrol from the PortHarcourt refinery will be sold at N1,030 per litre, as disclosed by the Nigerian National Petroleum Company Limited (NNPCL).

In a statement released on Thursday night, PETROAN’s spokesman, Joseph Obele, stated that the NNPCL officially communicated the pricing to the association.

However, in a statement on Thursday night, PETROAN mentioned that a portal for product booking has been opened and petrol is being sold at N1,030 per litre.

PETROAN spokesman, Joseph Obele said, “NNPC Retail Ltd has officially announced the PMS price at the Port Harcourt refinery as N1,030 per litre. It was also communicated to PETROAN that the product request portal was open for booking/request.”

Obele further clarified that despite earlier claims of the refinery being non-functional, the plant is currently running at 70% of its capacity.

The refinery’s full capacity, which is 60,000 barrels per day, is expected to increase to 90% soon.

This news comes as part of NNPC’s ongoing efforts to revive its refineries, with plans for the new refinery, which has a capacity of 200,000 barrels per day, to begin production shortly.

Obele emphasized that both refineries, located in the Eleme area of Rivers State, are crucial for the country’s oil production, with PETROAN expressing interest in collaborating with all active refineries in Nigeria.

Additionally, the Senate Committee on Petroleum Resources recently visited the refinery, confirming its functionality and witnessing petroleum trucks being loaded.

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