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Supreme Court Affirm Adeleke As Osun State Governor
After months of legal battle, the Supreme Court has upheld the election victory of Senator Ademola Adeleke in the Osun State gubernatorial election.
The Supreme Court ruling today has effectively put an end to the dispute between him and former Governor Gboyega Oyetola.
The court ruled that the All Progressives Congress (APC) and its candidate, Gboyega Oyetola, failed to prove their case of improper accreditation of voters and over-voting.
In the lead judgment presented by Justice Emmanuel Agim, one of the five judges on the panel presiding over the case, the court concluded that Mr. Oyetola and the All Progressives Congress (APC) were unable to provide concrete evidence to support their allegations of over-voting and improper voter accreditation.
Justice Agim emphasized that the evidence presented by the appellants, which did not include the Bimodal Voter Accreditation System (BVAS) machines used in the 744 disputed polling units, was not sufficient to be considered the primary source of records for the accredited voters in those polling units.
Moreover, the Supreme Court found that the appellants’ failure to produce authentic voter accreditation records from the BVAS meant that they had to rely on a secondary, insufficient, and inadmissible means to support their claims.
The court further held that the expert analysis presented by the APC and Mr. Oyetola was not independent, as the expert in question was a member of the APC and an associate of Mr. Oyetola, and therefore had a vested interest in his analysis.
The court affirmed that the appellants had not provided sufficient evidence to support their case, and that it had “clearly collapsed at the conclusion of evidence,” as stated by Justice Agim.
Recall that Mr. Oyetola had approached the Supreme Court seeking redress after the Appeal Court had overturned his victory in the Osun State Governorship Election Petition Tribunal, which had confirmed Mr. Adeleke as the legitimately elected governor.
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NNPC JV Unveils New Crude Oil Grade ‘Nembe’, Commences Exports With 1,900 Barrels
Precious ADELOLA
The NNPC/Aiteo Joint venture has announced the introduction of Nembe Crude Oil Grade, a new crude oil grade into the international crude oil market.
The announcement of the Nembe Crude Oil Blend, produced by Aiteo, the Operator of the NNPC/Aiteo Oil Mining Lease (OML) 29 Joint Venture (JV), was made at the ongoing Argus European Crude Conference in London, on Tuesday.
OML 29, an asset located onshore Nigeria, is operated by Aiteo Eastern Exploration & Production Ltd, Africa’s leading indigenous hydrocarbon producer, following a historic acquisition from Shell in 2014.
The Nembe Crude was previously blended with the popular Bonny Light grade and exported via the Bonny Oil & Gas Terminal.
The unique selling point of the Nembe Crude Oil grade with an API gravity was highlighted by both the Aiteo E & P and NNPC Limited Leadership at the Argus Conference in London.
The Nembe Crude Oil grade also has a low sulphur content and low carbon footprint due to flare gas elimination, fitting perfectly into the required spec of major buyers in Europe.
Two cargoes of 950,000 barrels each of the Nembe Crude Oil grade have since been exported to France and the Netherlands. With its attractive Assay of API 29 and low sulphur content, the Nembe Crude Oil grade commands a premium to the global Brent benchmark.
With the NNPC-Aiteo OML 29 JV back on-stream, Nigeria now boasts of an additional crude oil export of 2 Cargoes at 950,000 barrels each per month and 1.2 Bcf of export gas monthly.
This remarkable achievement signals the commencement of activities at Nigeria’s newest crude oil terminal, the Nembe Crude Oil Export Terminal (NCOET), which was licensed in line with the extant laws and Crude Oil Terminal establishment regulations.
The terminal was conceived as a Floating Storage and Offloading Vessel (FSO) with a storage capacity of two (2) Million Barrels and the ability to offload crude oil to any export tanker from AFRAMAX to Very Large Crude Carriers (VLCC).
It has a loading capacity of 25,000 barrels per hour and will be exporting over 3.6 million barrels of Crude oil monthly at full scale of operation.
Currently, hydrocarbon production from OML 29, which was hitherto constrained due to evacuation challenges owing to the security issues around the Nembe Creek Trunk Line (NCTL) corridor, has now been resolved through a collaborative and creative approach that led to the innovation of the Alternative Crude Oil Evacuation Solution.
The Argus European Crude Conference 2023 in London is a gathering of energy majors, refiners, NOCs, traders, financial institutions, and other representatives from across the global oil markets. The event also provides a critical opportunity for business leaders to connect, discuss, share and learn from one another.
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Nigeria Owes NNPCL US$3.1bn, As Subsidy Hits US$921.5m Monthly
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JUST IN: Tribunal Sacks Gov Uba Sani, Declares Election Invalid
Governor Uba Sani of the All Progressives Congress (APC) was removed from office on Thursday by the governorship Election Petition Tribunal sitting in Kaduna State.
The panel ruled that the state’s 2023 governorship election was invalid.
According to information gathered by Biztellers, the judges avoided the actual auditorium and instead communicated the decision via zoom.
It commanded the holding of new elections in seven wards across four local government units in the State.
Isa Ashiru, a candidate for the Peoples Democratic Party, and the PDP filed the petition.