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Tribunal: I discovered 18,088 blurred election results on the IReV portal, Witness tells Court



Lagos labourer bags 10 years imprisonment for armed robbery

Tribunal: I discovered 18,088 blurred election results on the IReV portal, Witness tells Court


The fourth witness of the Presidential Candidate of the Labour Party in the last election, Mr Peter Obi, on Thursday, told the Presidential Election Petition Court (PEPC) sitting in Abuja that he discovered a total of 18,088 blurred result sheets uploaded to the Independent National Electoral Commission (INEC) Result Viewing (IReV) portal.


NaijaNews reports that the witness, Eric Uwadiegwu Ofoedu, a Professor of Mathematics at the Nnamdi Azikiwe University, Awka, Anambra State, told the court that he carried out an investigation and data analysis of the 2023 Presidential Election results on the IReV portal.


Led in evidence at Thursday’s proceedings by Onyechi Ikpeazu (SAN), Ofoedu also told the court that he analyzed results from Rivers and Benue states respectively and a report on his findings.


When the witness was presented before the Court, counsel for INEC, A. B. Mahmood (SAN) told the court that he was served the statement in court and he is handicapped on how to go about the proceedings.


He asked to court to the Petitioners to step down the witness and grant them time to look at the documents filed and prepare for Cross-examination.


Lead Counsel for Tinubu and Shetimma, Chief Wole Olanipekun (SAN) and Lateef Fagbemi representing the All Progressives Congress (APC) aligned themselves with the submissions of Mahmood (SAN) but however suggested that the witness should adopt his evidence, while they cross-examine him later.


Dr Ikpeazu (SAN) apologized for serving the respondents late but told the court that they just obtained the Soupena yesterday.


He requested that the witness be allowed to take adopt his evidence in chief while the court determines whether or not Cross-examination will be done later.


The Justice Haruna Tsammani-led panel granted the request by the LP and deferred Cross-examination till tomorrow.


Ikpeazu informed the court about a letter of request written to the witness by the LP, on February 20, asking him to carry out data analysis for the presidential election, as well as the subpoena served on the witness.


The Senior Lawyer tendered all the documents as evidence in the petition before the court.


Counsels for INEC and Tinubu/Shetimma objected to the admissibility of the letter but did not object to the Subpoena, however, counsel for the APC objected to the Subpoena but not the letter.


Justice Tsammani admitted all the documents tendered by the LP as exhibits in the petition.


The LP then called their second witness, Lummie Edeveie, a staff Arise News TV to present evidence before the court.


Led in Evidence by Patrick Ikweto (SAN), Edeveie presented a flash drive containing a video before the court.


Mr Ikweto tendered the flash before the court and applied that it be played in court.


Though the respondents objected to the admissibility of the flash drive as evidence, they did not object to it being played in court.


The application was granted by the court and the video was played on screen for everyone to watch.


The video contained the speech by the INEC Chairman, Prof Mahmood Yakubu at the Chatham House where he spoke about the elections, giving assurances on the potency of the Bimodal Voter Accreditation System and the IReV portals ahead of the general elections.


Justice Tsammani after admitting the flash as evidence adjourned till tomorrow, June 16 for further hearing.


.as Osun LP suspends 13 members over Obi’s petition

The leadership of the Labour Party in Osun State on Thursday suspended the National Legal Adviser of the party, Mr Samuel Akingbade, and the state Women Leader, Mrs Susan Ojo, for attempting to create a faction in LP’s fold in the state.


Announcing the decision of the party at a press conference held in Osogbo on Thursday, Osun LP chairman, Adebayo Bello, explained that the executives have also suspended 11 local government chairmen of the party, for attending a meeting called to create a faction.


Bello also accused the suspended members of lending support to the attempt to jeopardise the petition of the LP presidential candidate in the 2023 General Elections, Mr Peter Obi, against the victory of President Bola Tinubu currently being heard by the Presidential Election Petition Tribunal.

He added that the affected officials had wanted to hide behind the crises rocking LP at the national level to create faction in the state.


Having discovered the intention of the affected officers, Bello said LP State Executives met on Thursday, May 11, where they resolved to support the National Working Committee led by Barrister Julius Abure and suspend those found working against the party’s unity.


He further said, “The intention is to create parallel structures at the National level and the states to lend support to the dirty agenda of scuttling the legal struggle of reclaiming the mandate of Mr Peter Obi and Dr Datti Baba-Ahmed in the 2023 Presidential election. We observe that if the activities of these undemocratic persons are not checked on time, it will either weaken the Labour Party structure in Osun or collapse it.


“Barr. Samuel Akingbade (National Legal Adviser), Mrs Susan Ojo (State Women Leader) and 11 chairmen of the Local Government of our party in Osun State who participated in a meeting organised by the National Legal Adviser and suspended State Woman Leader are hereby suspended from the party indefinitely.



“These members stand suspended for anti-party activities and gross misconduct. This decision will be forwarded to the National Working Committee of the Labour Party and other relevant bodies including all security agencies for further actions.”


He assured that the party executives in the state would continue to work towards ensuring that LP remains a united and formidable political platform capable of producing visionary and transformational leaders.


Dangote Refinery to set up terminal in the Caribbean for export of petroleum products




Dangote Refinery to set up terminal in the Caribbean for export of petroleum products

Dangote Refinery to set up terminal in the Caribbean for export of petroleum products

Dangote Refinery is planning to set up a terminal in the Caribbean to export petroleum products to countries in the North American region.

Aliko Dangote, the president and CEO of the refinery, made this disclosure on Wednesday at Afreximbank’s Trade and Investment Forum in The Bahamas.

The business mogul said the company can easily supply petroleum products to the region within 18 to 20 days.

According to Africa’s richest man, the company will sign a bilateral agreement with the region to construct the terminal for the exportation of its petroleum products.

“I know the price in the Caribbean in terms of petroleum products is very high. We produce it cheaply. We can always bring it here. We can set up a terminal and we’ll be able to fix their needs.

“We will have a bilateral agreement with them and also bringing in stuff from there is not more than 18 to 20 days maximum. And then we need to set up a terminal.

“Once we set up a terminal, they will have a very cheap oil. They will have cheap energy. And by having cheap energy, their own economy will grow faster,” Dangote said.

Dangote to also export Cement to the Region
In addition, the CEO of the $20 billion refinery mentioned that the conglomerate is not only seeking to invest in petroleum products in the region but also in cement.

Dangote stated that the company’s cement production capacity is nearly 52 million tons and will increase to about 62 million tons by the end of next year.

He added that the firm can meet the demand of the Caribbean market, creating a win-win situation for both parties.

“It’s not only about the oil. We now have a capacity of almost 52 million cement capacity. By the end of next year, we will be at 62 million of cement capacity. We are not only saying that we can bring in from Nigeria or from Africa.

“If they have limestones, we can also produce what can satisfy them. We’ve done that before in Africa and we should be able to free them up from the shackles of other people.

“If we the ingredients like the limestones etc, it’s a 28 months maximum. They can all be self-sufficient. It will be a win-win between us and them,” Dangote said.

What you should know
The Dangote refinery with a 650,000 barrel refining capacity has been described as the “game changer” of the oil and gas sector.
The refinery will be the largest in Africa and Europe once it begins full operation later next year.
According to reports, the $20 billion petroleum facility is expected to disrupt the $17 billion Africa-European market and reduce the continent’s dependence on imported petroleum products from Europe.
In addition, Dangote stated that the company is also eyeing the Brazilian market and other North American countries to supply refined products from the refinery.
“Our capacity is too big for Nigeria. It will be able to supply West Africa, Central Africa and also Southern Africa,” Dangote said in a panel discussion in Rwanda a few weeks ago.

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Dangote Refinery Mulls Lagos, London Stock Exchange Listings




Dangote Refinery to set up terminal in the Caribbean for export of petroleum products

Dangote Refinery Mulls Lagos, London Stock Exchange Listings

The Dangote refinery is aiming for a dual listing on the London and Lagos bourses, a senior executive at the firm, Devakumar Edwin, has told Reuters.

Africa’s richest man and Chairman of the group, Aliko Dangote was earlier on Tuesday, quoted as saying he could try to list the company in Nigeria by the end of the year.

It is coming about six months after Dangote, also told the Financial Times of his intentions to publicly list the subsidiary of the Group, Dangote Petroleum Refinery on the Nigerian Exchange Limited.

At the time, Dangote stated that the company had resolved challenges about crude oil supply and was prepared for the listing.

The billionaire businessman already has some companies listed on the NGX, including Dangote Cement, Dangote Sugar Refinery and Nascon Allied Industries.

The refinery managers said there was need to approach the London Exchange because the Nigerian bourse may not have the capacity to handle it exclusively.

Asked to comment on Dangote’s statement to local media, Edwin told Reuters: “We have listed all our businesses. The NSE (Nigerian Stock Exchange) will not have adequate depth to handle exclusively the petroleum refinery. We would have to take it to LSE (London Stock Exchange) but also list in NSE.”

The refinery, Africa’s largest, built on a peninsula on the outskirts of the commercial capital Lagos at a cost of $20 billion, was completed after several years of delay.

It can refine up to 650,000 barrels per day (bpd) and will be the largest in Africa and Europe when it reaches full capacity this year or next.

Dangote has been trying to secure crude supplies for his refinery. He has interests in Dangote Cement, Dangote Flour Mills and Dangote Sugar, all listed on the Nigerian bourse.

In May, the company reached its first supply deal with TotalEnergies, after it put out a tender for 2 million barrels of West Texas Intermediate (WTI) Midland crude every month for a year starting in July, according to tender documents.

The company since earlier in the year, has been refining diesel, jet fuel and other petroleum products and is expected to begin the production of petrol in June.

Meanwhile, the Nigerian National Petroleum Company Limited (NNPC) has said it recorded 310 cases of crude oil theft in the past week.

In its weekly update on the activities of the national oil company, the NNPC said that the cases were discovered between May 18 and May 24.

“Between May 18 and 24, 310 cases were recorded across the Niger Delta region by several incidence sources,” the NNPC stated.

In Grey Creek, Akwa Ibom state, it said a fuel station selling illegally refined fuels into cans and drums was uncovered in the past week, revealing that 122 illegal refineries were also uncovered in Bayelsa and Rivers states

According to the company, they were spotted in Tombia II, III, IV, and Umuajuloke, in Rivers state; Iduwini, Biogbolo, and Ajatiton, in Bayelsa state, while 65 illegal connections were discovered across several locations in Akuwa Odoka, Umuajuloke, and Watson Point, also in Rivers state as well as along Soku Sand Barth pipeline in the state.

It added that vandalised wellheads were discovered in Tombia IIII in Rivers state and Egbema in Imo state, where a pit filled with crude oil from a vandalised wellhead was discovered.

In Ndoni, Rivers state, NNPC said it uncovered a vandalised pipeline channelled to a nearby oil pit, while five illegal storage sites were spotted in sacks, pits, cans, and in a fuel station.

The NNPC stated that 20 vehicle arrests were made in Delta and Imo states while 48 infractions were reported at sea. Also, 39 wooden boats conveying stolen crude or illegally refined products were seized and confiscated across several creeks in Bayelsa and Delta states, it said.

NNPC said 48 of the incidents occurred in the deep blue water, 40 in the western region, 134 in the central region, and 88 in the eastern region.

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Tinubu approves $100m investment in African Energy Bank




Tinubu approves $100m investment in African Energy Bank

Tinubu approves $100m investment in African Energy Bank

President Bola Tinubu has approved a $100m investment by Nigeria for class A shares in the proposed African Energy Bank, the Federal Ministry of Petroleum Resources announced on Friday.

It said the approval now positions Nigeria favorably to win the bid to host the multilateral $5bn Africa Energy Bank, which will finance Africa’s hydrocarbon deposits of oil, gas, and condensates and support energy transition and net zero 2060 commitments.

Announcing this in a statement signed by the Permanent Secretary, FMPR, Nicholas Ella, the ministry said, “President Bola Tinubu has approved a $100m investment from four agencies of the Ministry of Petroleum Resources, exceeding the minimum equity requirement of $83.33m for class A shares.

“This decision positions Nigeria favorably to win the bid, potentially reshaping the country’s oil and gas ecosystem.”

The ministry further stated that on Friday, the technical inspection team from the African Petroleum Producers Organisation, and Afrexim Bank – the joint promoters for the establishment of the African Energy Bank, completed their mission to validate Nigeria’s readiness to host the headquarters of the bank, set to be established in July 2024.

Following the first bidding round in early 2024, Nigeria, Ghana, Benin, and Algeria were pre-qualified to proceed to the final round of bidding.

These countries will compete for the right to host the supranational multilateral $5bn Africa Energy Bank.

“In our preparation for the bid, the Ministry of Petroleum Resources sought and obtained expert opinions from the Federal Ministry of Justice and consultants in January 2024,” the FMPR stated.

It added, “They reviewed and approved the bank’s proposed Charter, Establishment Agreement, ‘The Treaty,’ and Headquarters Host Agreement. This approval provided the impetus to proceed, and the Federal Executive Council and National Assembly are currently finalising the ratification process. This will ensure that the AEB receives the necessary privileges and immunities to operate in line with its global vision.

“To demonstrate the country’s commitment, Nigeria has identified a prestigious building in Abuja for the temporary headquarters and opened a secured data room for the technical team’s review. The application form for land for the permanent headquarters in the Central Business District of Abuja has been submitted for approval.”

The ministry also confirmed that the Federal Government was working diligently with Nigerian National Petroleum Company Limited, and the Nigerian Content Development Monitoring Board, to meet all eligibility criteria.

“Thus, the $5bn Africa Energy Bank, when headquartered in Nigeria, shall be the largest single foreign direct investment inflow into Nigeria in over two decades with its benefits including:

“The Africa Energy Bank ecosystem shall rank as the third largest bank in Africa and shall be the most prominent bank in Nigeria in terms of shareholders’ funds. It will significantly boost Nigeria’s Gross Domestic Product, employment, financial architecture, inclusion, and propel our economic diversification while supporting foreign exchange management strategies,” the ministry stated.

It said the bank would pivot the development exploration and investment initiatives by independent petroleum producers, commercial service providers, legal and local content drivers, and technology and skills development that would leverage the bank’s proximity to the market and scale up production and capacity.

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