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Nigeria is fast transforming into a government of Tinubu, by Tinubu, and for Tinubu-Atiku

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Former Vice President of Nigeria, Atiku Abubakar, asserts that the future of Nigerians has been effectively mortgaged to President Bola Tinubu, his family, and associates. He believes that even after Tinubu leaves office, it will be nearly impossible to break these shackles.

Atiku, who was the Presidential candidate of the Peoples Democratic Party (PDP) in the last election, compares Tinubu’s integration of his business interests into Lagos’s public enterprises to his efforts at the federal level.

“Just as Alpha Beta, Primero, and others act as Tinubu’s proxies in Lagos, managing critical sectors and generating revenue for him and his family, he has begun to replicate this at the federal level,” Atiku said.

He expressed astonishment at the operations of the NNPC and how the government-owned oil company had put its retail arm under the control of OVH, a company in which Oando, led by Wale Tinubu, owns 49%.

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Atiku regretted that his intention to privatize the NNPC and increase its transparency has been overshadowed by what he describes as the criminal hijack of the NNPC by corporate cabals around the current president.

“In October 2022, just five months before the elections, the NNPC Retail controversially announced it had acquired OVH and all its filling stations. NNPCL already had about 550 filling stations across the country but claimed it was enhancing its capacity by acquiring OVH, which had only 94 stations and 100 others leased.

“The NNPC did not disclose the purchase price of OVH or the terms of the acquisition. A Freedom of Information request by Premium Times was also rejected by the NNPC, which claimed to be a private company despite still being government-owned.

“Following this dubious deal, Mele Kyari was controversially retained as NNPC GMD despite his incompetence. Tinubu then appointed his former boss at Mobil, turned ally, Pius Akinyelure, as NNPC Chairman, while he himself took on the role of Minister of Petroleum.

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“In a move that defies economic logic, OVH, previously owned by NNPC Retail, has now acquired NNPC Retail. This absurd situation means that Wale Tinubu’s Oando now owns 49% of NNPC Retail. Moreover, Nigeria paid Wale Tinubu a significant sum to facilitate the Tinubu family’s acquisition of the national oil company. This represents a clear case of illogical business transactions and abuse of office by President Tinubu, who has prevented NNPC from becoming a public liability company as stipulated by the PIA.”

Atiku acknowledged that the NNPC and its leadership are under legislative investigation but expressed skepticism about the process’s credibility due to the vested interests of those conducting the investigation.

“Senator Opeyemi Bamidele, who is heading the National Assembly panel, is a known supporter of Tinubu. He served as a commissioner under Tinubu in Lagos State and publicly calls him his godfather. Given that Tinubu is the Petroleum Minister, he should be held responsible for the sector’s issues. I doubt Bamidele will conduct a thorough investigation that might implicate his patron,” Atiku said.

Atiku also commented on the recent revelation that the Lagos-Calabar Coastal Highway project is under litigation.

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The Organized Crime and Corruption Reporting Project (OCCRP), a global network of investigative journalists, reported that the coastal highway project has been taken to court and revealed a close relationship between Tinubu’s son, Seyi, and Gilbert Chagoury, who was awarded the contract without competitive bidding.

“I had earlier claimed that the Lagos-Calabar Coastal Highway project was fraudulent, but the government denied it. Now, the matter is in court. It is also concerning that Chagoury and Tinubu have a business relationship, and their children are business partners, as revealed by the OCCRP.

“This indicates a conflict of interest. It is no surprise that the Lagos-Calabar Coastal Highway and the Sokoto-Badagry Coastal Highway, which together will cost over $24 billion, were approved without competitive bidding. It seems that whatever Tinubu wants, he gets,” Atiku concluded.

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More financial trouble for Nigerians as DStv, Gotv set to increase subscription fee

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By Kayode Sanni-Arewa

More financial trouble for Nigerians as DStv, Gotv set to increase subscription fee
MultiChoice, the company behind DStv, is preparing to raise the subscription fees for its Compact bouquet from ₦15,700 to ₦19,000.

This adjustment is expected to take effect soon, according to industry insiders

The increase comes nearly a year after the last price review.

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The devaluation of the naira and rising energy costs have been identified as key reasons behind this change.

Many businesses in telecommunications, transport, and consumer goods have also raised prices in response to Nigeria’s economic conditions.

Other DStv packages will also be affected.

The Family and Access bouquets are expected to move from ₦9,300 to ₦11,000 and ₦5,100 to ₦6,000, respectively. Premium and Compact+ subscribers will also see new rates, though specific figures have yet to be confirmed.

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Similarly, GOtv users will experience price changes.

GOtv Value subscribers will pay ₦3,900 instead of ₦3,600, while GOtv Plus customers will see an increase from ₦4,850 to ₦5,800.

Since 2023, economic policies such as fuel subsidy removal, currency devaluation, and electricity tariff hikes have caused the cost of goods and services to rise sharply.

Inflation in Nigeria reached 34.8% in December 2024, forcing many companies to adjust their prices multiple times last year.

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Businesses across various sectors have reported heavy losses due to currency fluctuations, making price hikes a necessary measure for survival.

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Just in: Tinubu, Party Leaders Reach Accord On Lagos Assembly Crisis

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By Kayode Sanni-Arewa

After weeks of back and forth and in spite of a subsisting court case over the removal of Mudashiru Obasa as Speaker of the Lagos State House of Assembly, President Bola Tinubu and some leaders of All Progressives Congress (APC), weekend, reached a political solution considered a win-win for all parties.

Sources at the villa hinted that Tinubu had received many prominent party leaders, including former APC national chairman, Chief Bisi Akande; former governor of Ogun State, Olusegun Osoba; Minister of Solid Minerals, Mr. Dele Alake; and a former commissioner in Lagos State, whose name the source refused to disclose for political reasons.

Ahead of the meeting between the president and the party leaders, the source added that another prominent Nigerian and nonagenarian from the South-west (name withheld) had also met the president over the Assembly matter and other national concerns, during which he pleaded with the president to consider his request on Lagos as his birthday gift.

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THISDAY gathered that the president met with different people on the Lagos Assembly matter, with each analysing the implications of letting the situation escalate beyond the point it was at the moment, even though some damage had been done. It was against this backdrop, the source said, that the meeting agreed that Obasa’s removal had come to stay and there was no going back on his speakership, especially as the laws guiding the Assembly were clear about the election and removal of a speaker.

Particularly more instructive was the revelation that virtually everyone, who had something to say on the Assembly crisis, spoke badly about the leadership of Obasa and his conduct for the period he held sway.

They argued, among other things, that if 37 out of his 39 colleagues stood against him with scathing remarks about his leadership, in addition to the position of the political leaders in the state, who also wrote him off, then returning him would be against the tide. They reckoned that would be dangerous for the politics in the state, and the democratic credentials of the president.

It was on the strength of these arguments that the president resolved at the meetings that Obasa’s removal had come to stay, but a plea was made to salvage his political future by giving him a soft-landing.

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It was in the bid to give him a soft-landing, the source added, that a conclusion was reached during the meetings that Obasa’s removal should be quashed and commuted to resignation, the same way the removal of a former deputy speaker of the Assembly, Hon. Funmi Tejuosho, was converted to resignation.

Once that was settled, the fate of the current speaker, Hon. Mojisola Meranda, was next on the agenda and it was somewhat tricky for the president, the speaker being a woman.
The source explained that while the president wanted the elevation of a woman in the politics of the state, the speaker coming from the same senatorial district as the governor – Lagos Central, made it impossible for her to keep her position.

One of the reasons canvassed in support of that viewpoint was that, if the governor was elected from Lagos Central and his deputy from the East, then the largest senatorial district, Lagos West, could not be left out of the power equation on account of the leadership crisis in the Assembly.

The source disclosed that the president was so disturbed about the situation that he asked if another woman from Lagos West could be sourced and put forward, instead, so that the women folk would not allege discrimination in the power game.

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Unfortunately, the only woman from that part of the state was not only a first timer, but also elected on the platform of a minority party, Labour Party, making her choice impracticable in view of the power arrangement in the state.
The meeting concluded that Meranda, too, should resign and stand down from the speakership position and allow someone from Lagos West to occupy the office, just so that none of the three senatorial districts would feel alienated.

Further explaining how the state arrived at this juncture, the source explained that contrary to insinuations in some quarters, the president did not care about Obasa’s removal, as he was not special.

The source said Tinubu’s response conveyed the impression that if Obasa was unable to manage and carry his colleagues along, to the point that he lost their trust, then the president would not do his job for him.
It added that there was also the feeling that Obasa had served as Speaker for over nine years by riding on the coattails of the president, and that was enough compensation, for now.

However, the source said the president was angry with the fact that Obasa’s removal caught him unaware. He was not just the political leader of the party in the state and at the national level, but also as the Commander-in-Chief of the armed forces. He considered being taken off guard in such situation discourteous, and having attendant political implications.

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But after several interventions, the president, the source said, looked beyond the failings of the assembly members, and was now interested in moving forward. This disposition gave rise to the solutions collectively arrived at.

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Canada: Immigration orders deportation of retired Nigerian police officer, wife

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By Kayode Sanni-Arewa

Canadian immigration authorities have reportedly denied asylum to Wale Francis Akinpelu, a retired Nigerian police officer, and his wife, Ajarat Mojirola.

They were denied asylum due to concerns over his past service in the Nigerian police force.

The decision was based on allegations of human rights violations linked to the Nigerian police, which has faced accusations of corruption and misconduct.

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The couple left Nigeria in 2017, claiming they were fleeing threats from a criminal gang.

Mrs. Akinpelu first traveled to the United States in May 2017, and her husband joined her in October after resigning from the police.

In 2018, they moved to Canada and applied for refugee protection, arguing that they were at risk of harm if they returned to Nigeria.

However, Canadian authorities questioned Mr. Akinpelu’s credibility due to his association with the Nigerian police.

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His application was suspended, and later, a federal court upheld its rejection, ruling that his past employment disqualified him from asylum under human rights laws.

The couple’s applications were processed separately.

Mrs. Akinpelu’s request was initially denied in 2019 after authorities found inconsistencies in her claims.

She appealed the decision, leading to a new hearing, but her asylum application was rejected again in February 2023.

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The court ruled that her evidence contained contradictions, and some documents appeared fraudulent.

In her legal challenge, she argued that the rejection process was unfair.

However, Justice Norris ruled against her, stating that her claims relied heavily on her husband’s statements, which lacked credibility.

The judge pointed out that she failed to provide substantial proof to support her fears of persecution.

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With both asylum requests denied, Canadian authorities are set to proceed with the deportation process for the couple.

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