NEWS
JUST IN: Ex- ICPC Chairman, Emmanuel Ayoola Is Dead
Justice Emmanuel Ayoola, a former chairman of the Independent Corrupt Practices and Other Related Offences Commission (ICPC), has passed away at the age of 90.
His death occurred on Tuesday, as confirmed by a statement from the family on Wednesday.
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The statement reads: “With heartfelt gratitude to the Lord Almighty for a life beautifully lived, we announce the passing of our beloved father, grandfather, great-grandfather, brother, uncle, benefactor, and friend, Hon. Justice Emmanuel Olayinka Ayoola (JSC, rtd; CON).”
More to follow……………
NEWS
Midnight Massacre: Gunmen Wipe Out Pastor, Entire Family in Plateau
Residents of Gako Village in Riyom Local Government Area of Plateau State were thrown into mourning following a deadly midnight attack that claimed the lives of a pastor and his entire family.
The victims, identified as Rev. Ayuba Choji, his wife Chundung Ayuba, and their two children, Cyril and Endurance Ayuba, were reportedly killed when suspected gunmen stormed the community at about 11 p.m. on Sunday.
Eyewitnesses said the assailants opened fire indiscriminately, forcing residents to flee for safety.
SEE ALSO: Gunmen Kill Two, One Missing as Fresh Attack Hits Plateau Community
A community member, Martha Dalyop, described the attack as terrifying, noting that the gunmen invaded the village under the cover of darkness and shot sporadically.
She lamented that repeated attacks in the area have left villagers living in constant fear, with many unable to sleep in their homes or access their farms.
Confirming the incident, the publicity secretary of the Berom Youths Moulder Association, Rwang Tengwong, said the latest assault reflects a troubling pattern in the operations of the attackers.
According to him, the gunmen often split into groups during attacks, with some targeting residents, others destroying farmlands, and another group blocking roads to prevent escape or intervention.
Tengwong further revealed that within the past 48 hours, large portions of farmland in Kassa, Barkin Ladi Local Government Area, were destroyed by gunmen.
Crops such as cabbage, hot pepper, and maize were affected, compounding the hardship faced by farmers in the region.
The latest killings have heightened tension across Riyom and neighbouring Barkin Ladi communities, with residents calling on security agencies and government authorities to urgently step up efforts to curb the persistent violence and protect lives and livelihoods.
NEWS
Energy Crisis Looms as Experts Push Reforms, Cash Support for Nigerians
Energy experts have raised fresh concerns over a looming crisis in Nigeria’s energy sector, urging urgent reforms and targeted cash transfers to cushion the impact of rising fuel prices on vulnerable citizens.
The warning comes amid continued volatility in global oil markets, driven by geopolitical tensions between the United States and Iran, which have pushed up crude oil prices and worsened domestic fuel costs.
The call was made ahead of the 19th annual international conference of the Nigerian Association for Energy Economics, scheduled to hold in Lagos from April 26 to 29, 2026.
SEE ALSO: Airlines Threaten Shutdown over Skyrocketing Fuel Price
The event will bring together policymakers, regulators, investors, academics, and development partners to deliberate on the implications of global energy shocks on African economies.
A former president of the association, Adeola Adenikinju, described the situation as a “two-edged sword,” noting that while Nigeria could benefit from increased oil revenues, the same trend is deepening economic hardship for citizens.
According to him, rising petrol prices have triggered increases in transportation fares and inflation, placing significant pressure on low-income households.
“This is the time that Nigeria should say, ‘Look, we are sending some cash to those poor people who are vulnerable,’” he said.
Adenikinju, however, identified the absence of a reliable and comprehensive database of vulnerable Nigerians as a major policy gap, warning that it continues to hinder the effective implementation of targeted social interventions.
“If we have the data of all the poor people, this is the time that Nigeria should send some cash to those who are vulnerable, but we don’t have the data,” he added.
He further noted that recent increases in allowances for civil servants may provide limited relief but exclude millions of Nigerians in the private and informal sectors, stressing the need for coordinated efforts between federal and state governments to design broader and more inclusive support mechanisms.
Beyond immediate intervention, the economist called for structural reforms aimed at strengthening Nigeria’s social protection systems and improving its capacity to respond to external economic shocks.
Also speaking, the association’s president, Hassan Mahmud, said the conference comes at a critical time when Africa faces the challenge of balancing energy security, affordability, and sustainability amid a global transition to cleaner energy.
He noted that discussions would explore how emerging technologies such as renewable energy, energy storage, and digital systems can shape the continent’s energy future, alongside economic frameworks and public policies needed to attract investment and drive industrialisation.
Mahmud highlighted concerns that Africa, despite contributing less than four per cent of global carbon emissions, is facing increasing pressure to decarbonise without adequate financing or technological support.
According to him, the conference is designed to reposition the energy transition as an opportunity for economic growth, job creation, and poverty reduction rather than a constraint on development.
Participants are expected to engage in high-level plenary sessions, technical discussions on energy markets and policy reforms, industry showcases highlighting innovation across the energy value chain, and strategic dialogues aimed at producing actionable policy recommendations for governments and institutions across the continent.
The event will also feature a technical visit to the Dangote Refinery, described as the largest single-train refinery in the world, to provide first-hand insight into Nigeria’s refining capacity and its role in strengthening energy security in West Africa.
High-profile participants expected at the conference include billionaire businessman Tony Elumelu; the Chief Executive of the Dangote Group, David Bird; a former Minister of Power, Barth Nnaji; alongside energy regulators and other key stakeholders.
Adding to the policy debate, another former president of the association, Yinka Omorogbe, called for a fundamental shift in Nigeria’s energy strategy, particularly towards strengthening the downstream sector.
She criticised the country’s overreliance on crude oil exports, describing the upstream sector as an enclave industry with limited job creation potential.
“When you now open up the downstream and really make it functional and viable, you have industries throwing in hundreds of thousands of jobs into Nigeria,” she said.
Omorogbe emphasised that boosting domestic refining capacity would reduce dependence on fuel imports, create employment opportunities, and stabilise energy costs, warning that failure to act could expose Nigerians to even higher fuel prices.
Stakeholders are also expected to examine how Africa can leverage its vast hydrocarbon resources alongside its renewable energy potential to drive a pragmatic and inclusive energy transition.
The association further called on members of the media, private sector players, and development institutions to actively participate in amplifying the outcomes of the conference, noting that its resolutions are expected to influence policy direction and investment decisions across Africa’s energy sector.
NEWS
NNPC Refineries will Never Work Again – Obasanjo
As the Nigerian National Petroleum Company Limited continues its search for technical partners to operate the Port Harcourt, Warri, and Kaduna refineries, former President Olusegun Obasanjo has once again insisted that the facilities will never work.
Obasanjo spoke during a television interview aired on Saturday night by Sony Irabor Live, which was monitored by our correspondent.
He said, “One of the lessons that I learnt is that PPP (public-private partnership) works. Look, one project that has not been destroyed by the government in Nigeria is the NLNG (Nigeria Liquefied Natural Gas), where the private sector has 51 per cent, and the Nigerian government has 49 per cent.
“See what we did with Nigerian railways. See what we did with the national shipping company. See what we are doing now, even with the NNPC. The NNPC has refineries, and I said to people that it will never work. And a man had the audacity to say, ‘Am I a chemical engineer?”
Obasanjo spoke about his failed efforts to woo Shell, a global energy firm, into running the refineries. “Look, when I was there, I called Shell. I said, ‘Look, please, I beg you, come and take 10 per cent equity and run the refinery for us.’ They said no. I said, ‘Okay, if you don’t want to take equity, don’t take equity. Come and run the refineries. They said no,” he stated.
The former president narrated how he invited a top official of Shell for a one-on-one conversation to know why his offers were turned down.
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“So, I called him, and I said, ‘Tell me, be honest with me. Why don’t you want to handle this?’ He said first, they want to let me know that they make most of their profits on the upstream, not the downstream.
He said they run their downstream without making a loss, but they don’t make a lot of profit from it. It’s more of a service than a major profit-making. So that’s number one.
“Number two: he said our refineries are too small. This was when I was an elected President. He said our refineries are too small. One is 60,000 barrels, and another is 100,000 barrels. He said refineries at that time were in the range of 250,000 barrels to 300,000 barrels. Number three: he said our refineries are not well-maintained. We call quacks and amateurs to come and maintain our refineries. The refineries are not in good order. He said, ‘Number four, there’s too much corruption around our refineries, and they don’t want to be part of that,” Obansanjo explained.
He recalled that he counted the country lucky then when the President of the Dangote Group, Alhaji Aliko Dangote, told him of the willingness to offer $750m to take 51 per cent of two of the facilities.
“Until one day, Aliko (Dangote) came and offered $750m to take two of the refineries; that will be 51 per cent. I said, ‘Wow, God, you are really a God of miracles.’ I told Aliko to bring the money quickly. They brought the money, and they paid,” he said.
However, the Balogun Owu explained further that his successor, the late Umar Yar’adua, reversed the deal after he left office, claiming he was under too much pressure from the NNPC.
He mentioned that only the current NNPC Group Chief Executive Officer, Bayo Ojulari, has said the truth about the state of the refineries so far.
“When I left office, NNPC went to my successor and convinced him. So I got up. I went to Umar. I said, ‘Look, Umar, maybe you don’t know; this is why we did what we did.’ He said, ‘Well, NNPC came to me.’ I said, ‘But you know that NNPC cannot run this thing. He said he knew. I asked, ‘Then why did you give in? He said because of pressure. And I said, ‘Look, when you sell these refineries, you will not get 200 million (dollars) for them, because you will sell them as scrap.’
“Only the present NNPC head has told the country the truth. But in the meantime, I was told that they have spent about $16bn, which is only $4bn short of what Aliko used to build Africa’s largest refinery,” Obasanjo said.
In November 2025, the NNPC announced a fresh target of June 2026 to finalise the selection of technical partners for the refineries.
Ojulari said that despite the rehabilitation and reopening of the Port Harcourt and Warri refineries in 2024 before they were later reclosed, the facilities were operating “well below international standards”, making their products commercially uncompetitive, especially compared to the privately owned Dangote refinery.
Dangote said he built his refinery after the Yar’Adua administration reversed the sale of the NNPC refineries to him and his other associates. He is also of the opinion that the NNPC refineries may never work again.
The NNPC communications office has yet to respond to messages seeking reactions to the former president’s claims.
- The Punch






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