Breaking News
Tinubu, Sanwo-Olu Videoed Inside Guinea Presidential Helicopter
The controversy surrounding the alleged Guinea citizenship status of President-elect Bola Ahmed Tinubu has been reignited on Wednesday, following the emergence of a video clip that has since gone viral on Twitter featuring him and Lagos State Governor Babajide Sanwo-Olu and a Malian identified as Ousmane Yara in a Guinea helicopter.
While Google reverse image search has been unable to pinpoint the source of the video online, it was first posted on Twitter in the early hours of today.
The 1:22 seconds video shows Tinubu, Sanwo-Olu, and Ousmane in an Aerospatiale AS350 Squirrel. According to checks done by Biztellers on aviationsmilitaires, the helicopter marked 3X-AAB is listed as belonging to the president of Guinea for transport.
In the video, the helicopter which was designated for transport of the Guinea president is seen in what appears to be a deserted or secluded landing area with about 5 other unidentified persons either videoed or whose voices can be heard speaking in French.
It remains unclear what the president-elect was doing in the helicopter but from the video, it can be deduced that a transaction of some sort is taking place as two unidentified persons were videoed counting or verifying what looks like bundles of cash in a briefcase.
When the video was shot also remains a mystery, although, from research carried out by Biztellers, the video could not have been shot later than the 6th of August 2019 as there are media reports indicating that the helicopter captured in the video has since crashed and purportedly killed two military personnel aboard at the time of the accident which occurred off the coast of Conakry.
Although we have been unable to establish the year the video was shot, going by an interview granted by Ousmane Yara in March after the just concluded presidential elections where he was quoted stating that he had known Tinubu for at least 16years and judging from the long-standing relationship between Tinubu and Sanwo-Olu, it is safe to say that the video must have been shot between 2010 and 2019.
The longstanding relationship Ousmane allegedly shares with Tinubu becomes even more worrying in light of the drug trafficking allegations against him, the most prominent of which is embedded in the electoral petition of Peter Obi, as a 2010 news report names him as an accomplice in a drug bust although the suspects were released because the Bamako accustoms Mobile Intervention Brigade (BMI) could not provide “irrefutable” evidence against them.
It should be noted that Alpha Conde, who served as the 4th President of Guinea from 2010-2021 is a close associate of Tinubu. In 2015, Tinubu is said to have provided assistance to the Guinean President in a bid to win reelection, although he has since been ousted by a coup in 2021 and is now in exile in Turkey.
Recall that on Saturday, controversial Nigerian Journalist, David Hundeyin, alleged that Tinubu had dual citizenship in Nigeria and Guinea after releasing evidence on Twitter.
Breaking News
Renowned Nigerian Singer Onyeka Onwenu Dies After Lagos Performance
Nigerian singer, songwriter, and actress Onyeka Onwenu passed away on Tuesday, shortly after performing at a birthday party in Lagos.
The celebrated music icon was attending a friend’s private birthday celebration when she took to the stage to perform. After returning to her seat, Onwenu suddenly collapsed, prompting immediate concern among the attendees.
Emergency responders arrived swiftly and transported her to Reddington Hospital on Victoria Island. Despite the medical team’s efforts, Onwenu was pronounced dead shortly after her arrival.
Sources close to the family revealed that she fell ill during the event, leading to her collapse.
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She said, “It is very sad. Onyeka Onwenu just performed at the birthday of Mrs. Stella Okoli of Emzor Pharmaceuticals tonight. After performing, she slumped. She was taken to Reddington Hospital but couldn’t make it.”
The exact cause of her death is yet to be confirmed.
Born on 31 May 1952, Onwenu was a multifaceted artist whose career spanned over four decades. She was not only a renowned singer and songwriter but also an actress, journalist, and politician.
Onwenu’s music blended genres such as highlife, reggae, and pop, often addressed social and political issues. Some of her most popular songs include “One Love,” “Iyogogo,” and “Ekwe.”
Onwenu was also known for her political activism. She was chairperson of the Imo State Council for Arts and Culture and was appointed Executive Director/Chief Executive Officer of the National Centre for Women Development.
Earlier this year, Onwenu revealed she was producing a movie chronicling her experiences in the music industry spanning several decades. She expressed her excitement to share her personal story and how Nigerian music has evolved over time.
Onyeka Onwenu, known for her contributions to the Nigerian music and film industry, leaves behind a legacy that will be remembered for generations.
Breaking News
BREAKING: CBN Revokes Heritage Bank’s License
In a significant move to ensure the stability of Nigeria’s financial system, the Central Bank of Nigeria (CBN) has announced the immediate revocation of Heritage Bank Plc’s banking license.
The decision came after the bank breached Section 12 (1) of the Banks and Other Financial Act (BOFIA) 2020, with the bank’s Board and Management unable to improve its financial performance despite various supervisory measures prescribed by the CBN.
Biztellers reports that the CBN found that the bank’s declining financial situation posed a threat to the overall stability of Nigeria’s financial system.
Consequently, the CBN took decisive action to revoke the bank’s license and appointed the Nigeria Deposit Insurance Corporation (NDIC) as the Liquidator.
This step is intended to strengthen public confidence in the banking system and ensure its continued soundness.
In a press release, Mrs. Hakama Sidi Ali, Acting Director of Corporate Communications at the Central Bank, assured the public that Nigeria’s financial system remains robust and stable.
The CBN’s decision to revoke Heritage Bank’s license underscores its unwavering commitment to taking all necessary measures to safeguard the financial system and protect depositors’ interests.
As the situation unfolds, the banking community and the general public are closely monitoring the ongoing developments related to Heritage Bank and the broader implications for Nigeria’s financial sector.
Breaking News
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.