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Why Tinubu Signed Executive Orders On Gas, Energy – Aide

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The Special Adviser to the President on Energy, Mrs. Olu Verheijen, has given reasons why President Bola Ahmed Tinubu signed Executive Orders to transform the gas and energy sectors of the economy, submitting that gas remains the best option for Nigeria’s attainment of energy stability.

The presidential aide, who addressed the media in Abuja on Friday, pointed out that the steps taken by the president was to make gas readily available to Nigerians at affordable rates for all purposes and reduce dependence on petrol and diesel.

Mrs. Verheijen said: “Our ambitions to accelerate our economic growth and diversify the economy for the benefit of all Nigerians require timely, credible, clear and consistent policy. We are faced with a revenue crisis which is impacting all Nigerians.

To urgently address this, President Bola Tinubu is actively seeking ways to grow revenue and forex to stabilize our economy and currency. The oil and gas sector is critical to our ability to do so. However, our current oil and gas production and investment levels falls significantly short of our potential.

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“Since 2016, Nigeria has only accounted for only four percent four percent of Africa’s total oil and gas investments, despite possessing 38 percent of the continent’s hydrocarbon reserves. A society is not rich because of its resources but because of what it does with those resources.

President Bola Ahmed Tinubu is determined to reverse this trend and take decisive steps to ensure to a conducive business climate and reposition Nigeria as a preferred investment destination for oil and gas sector,” she explained.

The energy adviser said that it was in a bid to reverse the negative tendencies in the sector that the president issued a directive to streamline and clarify the scope of two regulators in the petroleum sectors and to provide certainty and create a conducive business environment for the players.

She pointed out that consequent upon the directive, the TNP pipeline, which had been repeatedly vandalized, is now enjoying improved uptime and doubled its availability, resulting in increased liquids of over 200,000 barrels/day being transported over the last six months and increasing the availability of NLNG Trains 1-6 from 57 percent in 2023 to 70 percent in Q1 2024.

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The adviser said the president had also introduced fiscal incentives to deepen Compressed Natural Gas (CNG) and Liquified Petroleum Gas (LPG) penetration all aimed at easing the impact of fuel subsidies on transportation cost, enabling the displacement of PMS/Diesel and contributing to stabilising the price of cooking gas in the market and support the transition to clean cooking.

The presidential aide explained that the Fiscal Incentives for Non-Associated Gas (NAG), Midstream and Deepwater Oil and Gas Developments is aimed at facilitating the monetization of Nigeria’s extensive oil and gas resources.

She said: “For Gas, 76 percent of our gas reserves, remain undeveloped. This explains why, despite possessing one of the largest gas reserves globally, we lack sufficient gas to meet our domestic needs for industry, for power and for cooking. The fiscal incentives introduced will attract the much-needed investments to enhance energy security, catalyze economic activity, attract essential foreign exchange, and promote job creation.

“The President has issued directives to reduce contracting timelines and project delivery. Benchmarking and analysis revealed that the contracting cycle takes up to 36 months. This Directive should have the effect of compressing this cycle to less than 6 months in line with global averages. This will expedite the delivery of oil and gas products to the market and enhance overall value for the country.

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“Local Content Practice Reform: This Directive seeks to ensure that local content requirements are implemented in a manner that does not impede investments or the cost competitiveness of oil and gas projects. This Directive aims to reduce the cost premium of operating in Nigeria, presently averaging at 40 percent. We anticipate significant benefits from this reform, including the development of local companies’ capacity, thereby generating additional business opportunities, job creation and boosting economic growth.

On how the new policies would be implemented for effective results, the presidential aide, explained that the assignments had been shared among different levels of government agencies to be followed up by her office.

Under the arrangement, she said, the Minister of Finance/Co-coordinating Minister of the Economy will develop and propose amendments to introduce fiscal incentives for deep-water developments into legislation while the Federal Inland Revenue Service (FIRS) and the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) will issue guidelines on the implementation of the fiscal incentives.

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Christmas in Naija: How We Dey Manage Celebrate Despite Wahala

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By Gloria Ikibah
For Naija, Christmas no be just ordinary holiday. Na time wey hope dey shine, vibe dey sweet, and gratitude dey full everywhere. Na that time of the year wey, no matter how life don hard, people go try “show face” because Christmas na big deal. But lately, with the way everything dey cost and suffer no dey reduce, celebrating Christmas don turn wahala for many families.
Still, as we dey talk, “Man no fit kill himself.” Nigerians no dey carry last. We sabi find ways to flex and celebrate the birth of Jesus, even if na to cut corner or manage small.
Cost Wahala: Everything Don Cost Die
You no need any prophet to tell you say things for market don turn another level. Everything don cost! From rice to chicken, even maggi cube sef don follow increase. Wetin you go talk about live chicken? E don be like say to chop chicken for Christmas na for rich people alone. Rice wey people dey buy for ₦20,000 before don near ₦100,000. Wetin we go do?
But for Naija, no Christmas without rice and chicken. E be like wedding without music, e no complete. So, people dey hustle extra hard. Tailors no fit sleep because everybody wan sew new clothes. For market, na haggling full everywhere as buyers dey try drag price wey don already high.
Yet, hope still dey. Naija people dey always talk say, “God no go shame us.” Somehow, everybody dey find way.
December Rush: Going Back to the Village  
One of the sweetest things about Christmas for Naija na the “back to village” movement. Whether you dey Lagos, Abuja, Sokoto, Kaduna, Maiduguri, Ibadan ofPort Harcourt, December na time to reconnect with your roots. But my brother, the journey no easy o.
Transport fare dey mad. Fuel price dey high, so drivers no dey smile. Imagine paying ₦40,000 from Lagos to Enugu wey before na ₦7,000. Still, people dey go because, as dem go talk, “Home sweet pass anywhere.”
Na the road matter sef dey pain pass. Traffic go tie you like wrapper, police go dey disturb you for checkpoints, and bad roads no go allow you rest. But trust Nigerians; we sabi manage. With small gist, music, and snacks for road, the journey go dey bearable.
Decorations and the Christmas Feeling 
No matter the hardship, December still dey sweet for Naija. Streets go dey shine with Christmas lights, even if e no plenty like oyinbo countries. Small businesses go hang blinking lights, and some churches go do nativity scenes. Children go sing carols, mixing English and local hymns.
For house, families dey try decorate, no matter how small. If you no fit buy Christmas tree, palm frond dey available. Just add ribbon join am, and your tree don complete. Nigerians go just laugh say, “Na manage we dey manage, but e go still sweet.”
The Christmas Food: Make Everybody Chop 
For Naija, food na the center of Christmas celebration. Even if na one kind year wey e be like say soup no too dey plenty, Christmas day different. Rice, whether na Jollof or fried, e must show. Chicken, goat meat,cow meat or turkey go follow. If you lucky, you go see moimoi, salad, or even nkwobi and isi-ewu.
But the hustle to prepare food no easy. Cooking gas dey cost, firewood no dey too plenty, and food items don turn something else for market. Na there the community spirit dey enter. Neighbors dey share, people dey contribute small small, because as dem dey talk, “Nobody wan carry last, everybody must chop.”
Church Service: The Main Reason for Christmas
For Naija, we no dey forget say the reason for the season na Jesus Christ. Churches dey full on Christmas morning as families go dey sing, pray, and thank God for the year. Choir go sing gospel wey go touch heart, and pastor go preach hope, love, and resilience.
For some villages, dem dey even do nativity play or Christmas drama to remind people of how Christ take start. E dey sweet when you see traditional dance join the celebration. Religion and culture dey mix well for Naija style of Christmas.
Evening Cruise: Detty December Don Land  
After all the food and church matter, na groove time! Children go wear their fine new clothes waka round, go house to house dey greet people and collect small gifts (aka “Christmas handouts”). Youths go organize street parties, and local DJs go blast music wey go make body sweet.
For some people, na time to do “detty December.” Bars, lounges, and beaches go full as people go dey vibe, because, as we sabi talk, “Body no be firewood.”
Finding Joy Even When E No Easy  
Despite all the struggle, Nigerians sabi find joy. Na about the small memories, laughter from children, food wey everybody chop together, and the spirit of giving. Even those wey no fit afford big celebration still dey thank God o. Some people go do small house party; others go just use the day pray and reflect.
Social media sef dey help. People dey share their own kind of celebration, using hashtags like #NaijaChristmas or #DettyDecember to show say life still dey sweet, no matter the condition.
As We Enter New Year  
As another year dey end, hope still dey shine for Naija. The way people dey push through Christmas wahala, show the resilience wey Nigerians carry. Everybody dey pray say next year go better, better economy, better life.
So, whether na rice and chicken you chop, or na garri you soak, one thing sure: Christmas na about the heart wey dey give. Love, gratitude, and hope na wetin matter pass.
Merry Christmas, Naija style!
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Edo To Get First Lady As Gov Okpebholo Reportedly Set To Quit Bachelorhood

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By Kayode Sanni-Arewa

December 24, (THEWILL) – Barring any last minute change of heart, the governor of Edo State, Monday Okpebholo, is allegedly set to marry his side chick, a California-based lady, Jennifer, the daughter of Sharon Ogaga, who is a native of Auchi and is believed to be in her 30s.

THEWILL reports that the marriage is scheduled to be held in Potter Ranch, California, in January 2024, while Aso ebi for the event is being distributed to friends of the bride for a fee around America, Europe and Africa, the letter of invitation only identifies Jennifer, but does not mention the identity of the husband-to-be, in what appears to be a deliberate attempt to mask governor Okpebolo’s identity and shield him from the controversial move.

What is weird is that Jennifer and her family are being coy with the identity of the man she is marrying.

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One of THEWILL’s sources, however, has a direct confirmation that Governor Okpebholo is the “husband-in-waiting.”

“They are only telling people that Jennifer is getting married. They are not revealing the identity of the man. It is obvious they are hiding something, probably they don’t want distractions to taint the ceremony,” one of the sources said.

THEWILL does not know the status of Okpebholo’s current marriage to Blessing Okpabi Okpebholo, the mother of his two daughters, who was a no-show during his inauguration as governor.

It, however, appears that their marriage is over because it is illegal to be married to more than one person under the laws of the United States.

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According to one of our sources, Senator Adams Oshiomhole allegedly hooked Jennifer up with the governor.

The governor’s Special Adviser on Media, Osiobughie Okhuemoi, said he was unaware of the development when THEWILL contacted him for comments a few days ago.

THE WILL

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WATCH moment Tinubu hails FCT minister for his doggedness, sterling performance

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President Bola Tinubu has described the Federal Capital Territory, FCT, minister Nyesom Wike as a performing and dogged technocrat.

Naijablitznews reports Tinubu made this assertion during his maiden presidential chat on Monday.

The president rounded up by saying “I doff my hat for the performing minister.

Watch clip below:

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