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Obasanjo Sounds Alarm Over Massive Crude Oil Theft In Nigeria

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Former President Olusegun Obasanjo sounded the alarm on Nigeria’s economic challenges, fingering widespread oil theft as a major contributor.

Obasanjo highlighted that over 80 percent of Nigeria’s crude oil was being stolen, exceeding the allocated quota and severely impacting the nation’s financial stability.

This is as Prof. Ango Abdullahi, former Chairman of the Northern Elders Forum, delivered a scathing critique of Nigeria’s leadership, declaring it a failure and emphasizing the urgent need for intervention to address the leadership deficit.

This was disclosed during a gathering in Abuja, coinciding with the launch of ‘Court and Politics,’ a book by Dr. Umar Ardo, a former associate of ex-Vice President Atiku Abubakar.

Obasanjo, represented by ex-governor Babangida Aliyu, expressed concern about Nigeria’s economy, questioning how it could thrive when over 80 percent of its crude oil was stolen.

The former president highlighted that despite the crude oil quota standing at approximately two million barrels per day, a staggering over 1.7 million barrels were being stolen.

Despite advocating for the presidential system, Obasanjo noted that adherence to rules is lacking among Nigerians.

Abdullahi, presiding over the occasion, called for a collective acknowledgment of failures and a return to the drawing board to tackle the country’s myriad challenges.

He said, “Enough of our failures. Something else must give way to our failures. We have failed this country. This must stop. Time has come for us to go back to the drawing boards to rescue this country.”

He drew attention to Nigeria’s struggle to generate a mere 4,000 megawatts of power for a population exceeding 200 million, stressing the need for urgent, comprehensive solutions.

Sharing an encounter with elder statesman Aminu Dantata, Abdullahi revealed Dantata’s frustration with northerners, blaming them for the failures in the North.

Abdullahi emphasized a collective acknowledgment of these failures, stating, “Enough is enough; we must agree that we failed enough.

“I visited Dantata and he was very angry with me, saying the people of the North have failed the North and Nigeria. Until the North accepts that they have failed the North and sit together to discuss the way forward, there won’t be progress.

“We gathered in 1978 when we wanted to return to civilian rule. We were to discuss why the system of 1961 failed but we were shocked when they said the parliamentary system of government was not going to be discussed and that we should go for the federal system of government.

“And they gave us two options: that of the French and America. And now we have practised the presidential system for 24 years and it has failed and I will score it F9.

“Time has come for us to go back to the drawing board so that we can save this country.”

Former PDP National Chairman Prince Secondus advocated for judicial reforms, aiming to ensure that elections are decided by the people rather than being subjected to judicial interventions.

However, former Attorney General Kanu Agabi defended the judiciary, emphasizing its crucial role in preventing the disintegration of Nigeria.

Further contributing to the discussion, former PDP National Chairman Dr. Okwesilieze Nwodo claimed he was ousted from office for championing internal democracy within the party.

He argued that promoting internal democracy would reduce the courts’ involvement in political party affairs.

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FCT Police Chief Inspects Worship Centres, Commends Residents for Peaceful Conduct

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Governors Contributing To Political Violence

The Commissioner of Police, Federal Capital Territory (FCT) Command, CP Ahmed Muhammad Sanusi, has inspected security deployments at churches across the territory, urging officers to maintain professionalism and vigilance during religious activities.

The inspection was disclosed in a statement issued on Sunday by the FCT Police Public Relations Officer, SP Josephine Adeh.

Sanusi conducted the inspection on November 8, 2026, to assess the operational readiness of personnel deployed to worship centres and evaluate security arrangements for residents and worshippers.

SEE ALSO: October 1 Protests: FCT Police Call For Increased Vigilance Among Residents

The exercise followed a similar inspection of mosques across the FCT on Friday, November 6, as the Command sustained efforts to strengthen security around religious centres.

During the visits, the police commissioner charged officers to remain professional and responsive in the discharge of their duties.

He also commended residents for their peaceful and orderly conduct following mosque and church services, noting that public cooperation remained essential to maintaining security and public order across the territory.

The commissioner urged residents to continue cooperating with the police and other law enforcement agencies, remain security-conscious and promptly report suspicious persons, movements or activities to the nearest police station.

He further encouraged residents to utilise the Command’s emergency lines, 08032003913 and 08061581938, to report security concerns.

Adeh said the Command’s Public Relations Office remained open and accessible to members of the public for enquiries, complaints, information and other security-related matters.

The FCT Police Command reiterated its commitment to protecting residents and worshippers and maintaining security across the Federal Capital Territory.

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2027: Shettima Arrives in Uyo for APC Presidential Campaign Rally

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Who is Senator Kashim Shetima, Tinubu's running mate

Vice President Kashim Shettima has arrived in Uyo, the Akwa Ibom State capital, for the All Progressives Congress (APC) presidential campaign rally ahead of the 2027 general elections.

The development was disclosed on Friday by Stanley Nkwocha, Senior Special Assistant to the President on Media and Communications in the Office of the Vice President.

Akwa Ibom occupies a strategic position in President Bola Ahmed Tinubu’s Renewed Hope Agenda, with major federal investments expected to strengthen infrastructure and economic activities across the state.

SEE ALSO: 2027: Shettima Arrives in Lafia to Rally Support for Tinubu’s Re-election

One of the major projects is the Lagos–Calabar Coastal Highway, which has an approximately 82.8-kilometre stretch passing through Akwa Ibom.

The project, according to the statement, “promises improved connectivity, expanded trade, greater investment and new economic opportunities for communities across the region.”

Beyond infrastructure, the administration’s interventions in education, agriculture, healthcare, youth empowerment and social protection are also designed to improve livelihoods and broaden economic participation.

The Nigerian Education Loan Fund (NELFund) is among the initiatives highlighted, complementing Governor Umo Eno’s investments in roads, aviation, tourism and human capital development.

The statement noted that the Uyo rally provides “another opportunity to strengthen the APC’s growing political presence in the South-South and make the case for continuity in 2027.”

 

 

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Elohor Aiboni Honoured with DTN@100 Changemaker Award

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Executive Vice President and Country Chair, Shell Companies in Nigeria, Elohor Aiboni was among 100 people honoured with the DTN@100 Award.

She joined a list of distinguished recipients recognised by the Daily Times newspapers. The contributions of the awardees to national development will be documented in a special publication, titled Nigerian Grand Book.

Daily Times which started publication in 1926 gave the awards as part of its centenary celebrations in Lagos. The centenary theme is: “Honouring the Past, Shaping the Future.” Chairman, Folio Media Group and Publisher Daily Times of Nigeria Fidelis Anosike said: “We proudly celebrate Elohor Aiboni, Executive Vice President and Country Chair of Shell Companies in Nigeria, for her well-deserved recognition at the Daily Times Heroes Award. As a visionary female leader, Elohor has shown that true leadership is defined by action. Her forward-thinking policies continue to drive real, positive change across our nation.”

In her response, Elohor said: “Although this award is presented to me, I do not regard it as mine alone. I share it with my colleagues across the Shell Companies in Nigeria, our partners, and the many people I have had the privilege of working with and learning from over the years.”

Elohor was commended for her achievements in a career in the energy industry that started in Shell in 2002. In addition to serving in operational roles within and outside Nigeria, she has worked as asset manager for Bonga, leading up to her appointment as Managing Director of Shell Nigeria Exploration and Production Company Limited (SNEPCo) in 2021, the first female to hold the post. Early this year, she took up the role of Executive Vice President and Country Chair, Shell Companies in Nigeria, also the first female and Nigerian to hold both roles.

READ ALSO: “8216;The Panic Is Real” Atiku Accuses APC of Plot to Weaken ADC

In her acceptance speech, Elohor also called for concerted efforts towards educating the girl-child. She said: “If we are serious about shaping Nigeria’s future, we must be equally serious about educating and empowering the Nigerian girl child. Education provides not only knowledge, but also confidence, choice and the opportunity to contribute meaningfully to her community and country.”
Photo Caption – L-R: Energy and Investment Solicitor, Sam Aiboni; Executive Vice President and Country Chair, Shell Nigeria, Elohor Aiboni; actress Rita Dominic; and Daily Times Chairman, Fidelis Anosike, during the award presentation at Harbour Point, Lagos.

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