Connect with us

NEWS

Nigeria is rapidly transforming into a government of Tinubu, by Tinubu, and for Tinubu.

Published

on

 

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%.

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.

Read Also: JUST IN: Tinubu Names New NAHCON Chairman, Dismisses Arabi

“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.

“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.

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.
Signed:
Paul Ibe
Media Adviser to Atiku Abubakar
Vice President of Nigeria (1999-2007) and Presidential Candidate of the Peoples Democratic Party (2023)
Abuja
21st August, 2024.

1 Comment
0 0 votes
Article Rating
Subscribe
Notify of
1 Comment
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
11HILO เว็บพนันแบรนด์

976780 405627I conceive this website has got some real great data for everyone : D. 975461

International News

Moment Military Aircraft Crashes During Airshow Near Athens (Video)

Published

on

A military aircraft has crashed during an airshow at a base outside Athens, Greece, killing the two pilots onboard.

The incident occurred on Saturday during the annual “Athens Flying Week” airshow, according to the Greek news agency ANA.

The aircraft, identified as an F-4 Phantom, had reportedly just taken off when it suddenly lost altitude and crashed.

SEE MORE: Airbus A350 to be the Showstopper in Singapore

The crash happened in front of thousands of visitors attending the airshow and was followed by an explosion.

The two pilots aboard the aircraft died in the crash, while the circumstances that led to the aircraft losing altitude remained unclear.

A fire service helicopter was dispatched to the scene to extinguish the blaze caused by the crash, according to Greece’s public broadcaster, ERT.

Following the incident, Greek Defence Minister Nikos Dendias cancelled a planned trip to Thessaloniki’s International Fair and travelled to the crash site.

Authorities are expected to investigate the crash to determine what caused the military aircraft to lose altitude shortly after take-off.

 

See video below

Continue Reading

NEWS

Atiku Vows Probe of ₦33.75bn Cash Transfer to 3.29m Nigerians

Published

on

Former Vice President and presidential candidate of the African Democratic Congress, Atiku Abubakar, has vowed to constitute an independent team of experts to investigate ₦33.75 billion reportedly paid to 3.29 million vulnerable Nigerian households under the Federal Government’s cash-transfer programme.

Atiku made the declaration in a statement issued on Saturday by his Senior Special Assistant on Public Communication, Phrank Shaibu, following an audit report that raised questions over whether the funds actually reached the intended beneficiaries.

SEE ALSO: Drama as Atiku’s Lobbyist Deletes Post Announcing Trump Commission Appointment

According to Atiku, the figures expose serious concerns about the government’s intervention programme, noting that ₦33.75 billion divided among 3.29 million households amounts to approximately ₦10,258 per household.

He criticised the Bola Tinubu administration for removing the fuel subsidy and increasing taxes, tariffs, transportation and electricity costs, while the intervention meant to cushion the impact of those policies was now facing serious accountability questions.

“This is beyond a bookkeeping scandal. The intervention is insultingly small, yet even that small amount cannot be cleanly accounted for,” Atiku said.

He also questioned the varying figures released by the government regarding the number of households that benefited from its intervention programme.

Atiku noted that the administration had claimed that more than ₦600 billion had been disbursed to over 10 million households, after Nigerians were earlier told that about 15 million households were beneficiaries.

“It now appears that the Tinubu administration cannot give Nigerians a coherent account of how many households actually benefited from its intervention programme, while significant portions of the expenditure have failed to withstand independent audit scrutiny,” he said.

The former vice president said the Auditor-General for the Federation, Shaakaa Chira, was reportedly questioning ₦33.75 billion allegedly paid to 3.29 million beneficiaries.

He added that the audit also raised questions over ₦36.74 billion in payments reportedly made without pre-payment audit and another ₦4.62 billion for which payment vouchers were not produced.

Atiku commended Chira for what he described as putting his constitutional responsibility above political convenience.

“That is what institutions are supposed to do — protect the public purse, not the political comfort of those in power,” he said.

Explaining his decision to launch an independent probe, Atiku said Nigerians could not reasonably be expected to trust the same government whose expenditure was under scrutiny to investigate itself.

“My team will constitute an independent group of financial, audit, technology and public-accounting experts to interrogate the available records surrounding these cash-transfer payments,” he said.

He said the team would examine beneficiary figures, payment channels, reconciliation records, audit queries and other inconsistencies surrounding the payments.

Atiku also said the investigation would establish whether the beneficiaries actually received the funds and determine whether access to relevant records had been obstructed.

“If Remita processed these transactions, the relevant records should be available for scrutiny. If beneficiaries received the money, there should be evidence. If access to records was obstructed, Nigerians deserve to know by whom and why,” he said.

He demanded that the government publish a verifiable payment trail if the beneficiaries were genuine, while insisting that funds should be recovered if they did not reach the intended recipients.

Atiku further called for prosecution of any official found to have diverted, misapplied or misappropriated funds meant for vulnerable Nigerians.

He argued that Nigerians needed more than repeated palliative announcements, saying the government should pursue economic policies capable of improving purchasing power and reducing the daily cost of transportation, food and energy.

“Our intervention will follow production. It will support domestic refining, increase local supply, reduce the cost of energy and ensure that the benefit reaches Nigerians through lower prices,” he said.

Atiku maintained that Nigerians who had already endured higher fuel prices, food costs, electricity bills, transportation fares and taxes should not also lose funds appropriated in their names.

Continue Reading

NEWS

Drama as Atiku’s Lobbyist Deletes Post Announcing Trump Commission Appointment

Published

on

Former Vice President Atiku Abubakar’s lobbyist, Karl Von Batten, has deleted a social media post in which he announced that United States President Donald Trump had appointed him as a commissioner to a White House presidential commission.

The post was published on the verified X account of Von Batten’s firm, Von Batten-Montague-York, L.C., where checks now show that the post is no longer available.

RELATED NEWS: Trump appoints Atiku’s lobbyist, Karl Von Batten as White House presidential commissioner

Von Batten’s firm had earlier announced that Trump appointed its managing partner as a commissioner, attracting attention in Nigeria because of Von Batten’s political activities and his links to Atiku.

However, Sunday Dare, one of President Bola Tinubu’s media aides, subsequently downplayed the significance of the appointment.

Dare said the appointment was to the Commission on Presidential Scholars, an education panel administered by the United States Department of Education.

According to the presidential aide, the commission has no responsibility for American foreign policy, national security, diplomacy or relations with Nigeria.

SEE MORE: ‘Young Nigerians Now Selling Their Kidneys to Survive’— Atiku Raises Alarm

The clarification came amid attention surrounding Von Batten, a Washington-based lobbyist and managing partner of Von Batten-Montague-York, L.C.

The firm was hired by Atiku to strengthen his reputational standing in the United States.
Von Batten has also been actively pushing for the release of US law-enforcement records concerning alleged links between President Tinubu and drug trafficking.

The development has now taken a fresh turn following the deletion of the social media post announcing the reported Trump commission appointment.

The reason for the deletion has not been stated publicly in the information available.

Continue Reading

Copyright © 2022. Biztellers, powered by Alphaxristi.

1
0
Would love your thoughts, please comment.x
()
x