Connect with us

NEWS

Ogun Declares Stand On Zhongshan Scandal

Published

on

Woman Dies After Setting Self Ablaze Over N70,000 Loan In Ogun

The Ogun State Government has come up with her position on the matter of Nigerian Government’s plane seizure in France.

The stance was communicated via her verified handle on micro-blogging site, X, on Thursday.

She wrote, “On 14 August 2024, the attention of the @OGSG_Official was drawn to the provisional attachment of three Nigerian government owned aircrafts in France by the Chinese company, Zhongshan Fucheng Industrial Investment Co. Ltd. (“Zhongshan”).

ALSO READ: France Shuts Down Niger Embassy

“Ogun State also learned of two orders of the Judicial Court of Paris dated 7 March 2024 and 12 August 2024 respectively, both obtained by Zhongshan without notice being duly given to the Federal Government or Nigeria, Ogun State or their legal counsel. This is the latest in a series of ill-advised attempts by Zhongshan to attach Nigerian-owned assets in foreign jurisdictions, none of which have to date led to the recovery of any sums from Nigeria.

“Each of the three aircrafts is used solely for sovereign purposes and as such are immune from attachment under international and French law. In obtaining the provisional attachments, Zhongshan deliberately withheld information from the Federal Government of Nigeria, Ogun State and their legal counsel.

“Shockingly, it also appears to have misled the Judicial Court of Paris as to the use and nature of the assets it seeks to attach and not made full disclosure to the court as required by law.

“Ogun State in conjunction with the Federal Government of Nigeria, has taken swift action to ensure that these provisional attachments are lifted without delay.

“Just like the P&ID case, this is another unfortunate case of unscrupulous individuals masquerading as foreign investors with the sole aim of defrauding Ogun State and Nigeria.

“It should be recalled that the underlying contract between Ogun State and Zhongshan was executed in 2007, 12 years before the present administration, for the management of a free-trade zone. The parties entered into a dispute in 2015 with arbitration commencing in 2016.

“By 2019, when the current State Administration took office, the hearing at the arbitration had been all but concluded. The Arbitral Panel awarded over 60 million USD against the Federal Government of Nigeria (FGN) which was a co-Defendant, when all Zhongshan had done was to build a perimeter fence around the free-trade zone. Needless to say this was a bad/unfair decision.

“The present State Administration could not in all good conscience allow such an unconscionable and baseless decision, which would dissipate the commonwealth of the good people of Ogun State, to stand.

“Accordingly, and based on erudite legal advice, this Administration resolved to resist the enforcement of the award. The resistance was successful in 8 different jurisdictions. Currently, there are pending appeals against recognition orders issued in both the US and UK.

“On the further advice of counsel, Ogun State also engaged Zhongshan in settlement discussions on reasonable terms. The last meeting attended by several officials of Ogun State, including His Excellency Prince Dapo Abiodun – the Governor of Ogun State, and the Honourable Attorney General/Minister of Justice lasted for three days, in September 2023 in London.

“Zhongshan’s initial reasonable readiness to consider Ogun State’s offer, was surprisingly reversed by the second day, with an insistence on the payment of the full debt. This led to a breakdown of the mediation, with parties agreeing to meet again in the first quarter of this year.

“Since then, Zhongshan has in bad faith been evasive and instead embarked on a series of enforcement proceedings which the legal team appointed by the FGN and Ogun State have successfully opposed. In cases similar to the present one where Zhongshan obtained an ex-parte order, Ogun State has successfully set aside the orders.”

5 Comments
0 0 votes
Article Rating
Subscribe
Notify of
5 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
แบคดรอปผ้า

436948 364747I enjoy reading write-up. Hope i can uncover a lot more articles like this one. Thanks for posting. 249458

เว็บพนันออนไลน์เกาหลี

914388 971865Deference to internet site author , some wonderful entropy. 394936

yarmok
8 months ago

906256 378170Woh I like your posts , saved to fav! . 121009

เช็งซิมอี๊

696684 730096Nice post. I learn something far more challenging on different blogs everyday. It will always be stimulating to read content material from other writers and practice just a little something from their store. Id prefer to use some with the content on my blog whether you dont mind. Natually Ill give you a link on your internet weblog. Thanks for sharing. 27915

เน็ต บ้าน ais

63493 977965Get started with wales ahead nearly every planking. Ones wales truly are a compilation of huge planks one particular depth advisors certainly will be the identical towards the entire hull planking even so with even larger density to successfully thrust outward beyond the planking. planking 514371

NEWS

Umar Cautions Against Irregular Policies in Nigeria’s Oil Industry

Published

on

A public warning has to the authorities to desist from frequently tweaking with the regulatory environment, as it could undermine investments in Nigeria’s petroleum industry.

The Chief Executive of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Rabiu Umar, expressed the view on Wednesday in which he highlighted the importance of predictable regulation to the development of Nigeria’s midstream and downstream petroleum sectors.

According to Umar, investors were prepared to manage commercial risks but found regulatory uncertainty more difficult to accommodate, stressing that clear, consistent and predictable rules were critical to attracting and retaining capital.

“Investors are prepared to manage commercial risk. What they find far more difficult is regulatory uncertainty,” he said.

According to him, government efforts to provide fiscal incentives, financing support and policy reforms to encourage investment could achieve little if investors were unsure how the regulatory system would operate in practice.

Umar said investors wanted assurances that rules were clear, decisions were consistent and regulatory processes were predictable, adding that such confidence could influence investment decisions as much as commercial considerations.

He noted that the issue was particularly important in the midstream and downstream sectors, where investments in refineries, pipelines, storage facilities and gas infrastructure were designed to operate over many years.

“Investments in refineries, pipelines, storage facilities and gas infrastructure are designed to operate over many years. Investors need confidence that the regulatory environment will remain stable, consistent and credible throughout the life of those assets,” he said.

The NMDPRA boss said the Petroleum Industry Act had provided the industry with a strong legal and regulatory framework based on transparency, competition and accountability.

READ ALSO: Ogoni Committee Washes Hands Off Contracts, 40 NNPC Ltd’s Job Slots

He said the responsibility of the NMDPRA is to ensure that those principles are reflected in its day-to-day regulatory activities.

Umar, who said he had spent nearly three decades on the commercial and operational side of the downstream petroleum industry before joining the Authority, said he understood the concerns investors raised before committing capital.

He listed timely approvals, consistent application of regulations and fair and predictable decisions by institutions among the key issues investors considered.

The NMDPRA chief executive further stated that effective regulation went beyond issuing licences and enforcing compliance, as it should provide certainty and create an environment where businesses could plan and investment could grow.

He said the authority was strengthening collaboration with other government institutions, noting that effective regulation depended not only on good policies but also on consistent implementation.

“When institutions work together, the industry experiences a more coordinated and predictable regulatory environment,” he said.

Umar said the implementation of reforms would ultimately determine the confidence investors had in Nigeria’s regulatory system.

“The true measure of any reform is how it is implemented. Every licence issued, every inspection conducted and every regulatory decision contributes to confidence in the regulatory system,” he stated.

He assured stakeholders that the agency would carry out its mandate fairly, consistently and transparently to support responsible investment and the continued development of Nigeria’s midstream and downstream petroleum industry.

Continue Reading

NEWS

Tinubu Swears In Abel Enitan as New Head of Civil Service

Published

on

President Bola Tinubu has sworn in Abel Enitan as the new Head of the Civil Service of the Federation (HOCSF), following the retirement of his predecessor, Didi Walson-Jack.

Enitan took the oath of office on Thursday at a brief ceremony held at the State House in Abuja, formally assuming the top administrative position in Nigeria’s Federal Civil Service.

SEE MORE: Tinubu Banks on NLNG Train 7 to Boost Nigeria’s Gas-led Economy

His assumption of office followed Walson-Jack’s retirement after attaining the statutory retirement age of 60.

The formal transfer of responsibility also took place on Thursday, as Walson-Jack and Enitan signed the relevant official documents before the outgoing Head of Service handed over the official transition note to her successor.

Presenting the document, Walson-Jack said it covered the period from August 14, 2024, to August 27, 2026.

The handover was subsequently sealed with a handshake between the outgoing and incoming Heads of Service.

Enitan, an indigene of Osun State, became the most senior Permanent Secretary in the Federal Civil Service before his appointment as Head of Service.

He had served as a Permanent Secretary for seven years and seven months, during which he held senior positions in several government establishments.

His previous postings included the Ministry of Police Affairs, Ministry of Humanitarian Affairs and the Office of the Vice President, before his deployment as Permanent Secretary in the Federal Ministry of Education.

President Tinubu had on August 19, 2026, approved Enitan’s appointment, with the decision taking effect on August 27.

While announcing the appointment, Tinubu said Enitan brought “considerable institutional experience and a deep understanding of how the Federal Civil Service works” to the position.

The President charged the new Head of Service to consolidate ongoing reforms and innovations in the civil service while deepening professionalism, efficiency and accountability across the system.

Tinubu also tasked Enitan with ensuring that the Federal Civil Service remained professional, merit-driven, innovative and responsive to the needs and aspirations of Nigerians.

According to the President, the new Head of Service must build on existing reforms to strengthen the capacity of the service to deliver effective and efficient public administration.

The President also commended Walson-Jack for her service to the nation, particularly the reforms and innovations recorded in the Civil Service during her tenure.

Walson-Jack assumed office as Head of the Civil Service of the Federation in August 2024 and retired after completing her statutory service.

Who is Abel Enitan?

Enitan was born on December 12, 1966, and began his education at Ajibode Grammar School, Ibadan, before proceeding to the College of Arts and Science, Ile-Ife.

He obtained a Bachelor of Science degree in Finance and Banking from the University of Lagos in 1988 before joining the Federal Civil Service.

His extensive experience across several ministries and government institutions culminated in his emergence as the most senior Permanent Secretary before his appointment as Head of Service.

 

Continue Reading

NEWS

Ogoni Committee Washes Hands Off Contracts, 40 NNPC Ltd’s Job Slots

Published

on

The Ogoni Dialogue Committee (ODC) has washed its hands off allegations that it influenced the selection of 40 employment slots Ogoni people at the Nigerian National Petroleum Company Limited (NNPC Ltd) as part of the ongoing process for resumption of oil production in the area.

The ODC maintains that it had no role in the recruitment process, the committee, which is engaging the Federal Government on the resumption of oil and gas operations in Ogoniland, also denied allegations that it was awarded contracts or received funds from the Federal Government.

Speaking in Port Harcourt, Rivers State, on Wednesday, the ODC Chairman, Prof. Don Baridam, described the statements attributed to KAGOTE and other groups as false and misleading.

READ ALSO: DPRP Decries Rising Fuel Imports, Despite Strong Local Supply Capacity

He said the employment opportunities were among the confidence-building measures proposed by the Ogoni delegation to the Federal Government, but stressed that the ODC neither selected nor recruited the beneficiaries.

According to Baridam, NNPC Ltd drew the successful candidates from a pool of qualified Ogoni applicants already in its recruitment database, rather than from nominations made by the committee.

He said, “When the issue of employment was raised, NNPC Ltd made it clear that it would not compromise its established professional and recruitment standards.

“The company informed us that it already had in its recruitment database several qualified Ogoni sons and daughters who had previously applied, undergone its recruitment processes and performed well.”

He acknowledged that some ODC members submitted names of persons they wanted for employment, but said those nominations did not determine the outcome.

He said, “The recruitment and selection process did not pass through the ODC, nor did the ODC determine who was employed.”

He added that suggestions that the committee or its facilitators distributed the jobs as patronage were false.

The ODC also dismissed claims that it was involved in awarding or allocating government and NNPC Ltd contracts.

Baridam said contract awards were outside the committee’s mandate and that it lacked the authority or machinery to influence such decisions.

“At no time did the ODC award, allocate, distribute or otherwise become involved in contracts,” he said.

On reports of renewed oil activities in Ogoniland, the committee said it had no information indicating that oil and gas production had resumed under the Ogoni re-entry programme.

Baridam added that NNPC Ltd had said it was unaware of the alleged oil-rig operations, but said investigations into the reported activities in Alesa-Eleme were ongoing.

The committee also denied receiving any budget, grant or other funds from the Federal Government, describing its participation in the dialogue process as a sacrifice and service to the Ogoni people.

On the proposed creation of Bori State, Baridam said state creation remained a key demand presented to the Federal Government.

He said the committee had established a tactical sub-committee to work on the modalities, while acknowledging that the process must follow constitutional procedures.

Baridam said the dialogue process had advanced to efforts to harmonise outstanding issues arising from the ODC report, the Federal Government’s response and a technical committee’s report.

He said a Joint harmonization committee, comprising representatives of the Federal Government and Ogoni, was being considered to develop an interim memorandum of understanding on areas of agreement.

The ODC appealed to KAGOTE and other Ogoni stakeholders to use available channels for constructive engagement, saying it remained open to contributions that could strengthen the dialogue process and advance peace, environmental restoration and development in Ogoniland.

Continue Reading

Copyright © 2022. Biztellers, powered by Alphaxristi.

5
0
Would love your thoughts, please comment.x
()
x