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Ex-agitators ask Tinubu to probe alleged upfront sale of crude oil during Buhari govt
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A group of former agitators from the Niger Delta region urged President Bola Tinubu on Wednesday to investigate allegations that, towards the end of President Muhammadu Buhari’s administration, crude oil was pre-sold, and the proceeds were misappropriated. Nature Dumale, the National Secretary of the First Phase Ex-Agitators, emphasized the need for Tinubu to probe claims that crude oil was sold three years in advance shortly before he assumed leadership. Dumale, in a statement to DAILY POST, asserted that this practice contributed to the foreign exchange crisis and exacerbation of inflation in the country.
He stated that if Tinubu does not initiate an investigation into the allegations, the ex-agitators would submit a petition to the International Court of Justice for intervention.
Dumale expressed the group’s desire for Tinubu to scrutinize the Nigerian National Petroleum Corporation (NNPC) and the oil and gas sector, questioning why the preceding administration sold petroleum products upfront and diverted the funds, resulting in national indebtedness. He connected these actions to the ongoing foreign exchange crisis and called on Tinubu to take decisive action.
The statement emphasized the urgency for Tinubu to address the situation, citing the impact on the nation’s foreign exchange and the rising inflation rates. The ex-agitators insisted that Nigerians supported Tinubu and called on him to establish a noteworthy legacy by investigating and holding accountable those responsible for the alleged mismanagement.
Dumale also appealed to Tinubu to disclose the identities of politicians, corporate organizations, and contractors implicated in the forensic audit report of the Niger Delta Development Commission (NDDC). He argued that failure to prosecute those implicated would perpetuate corruption in the country and undermine the efforts to curb malpractices.
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Nigerians may end up buying petrol for N5,000 per litre under Tinubu – NLC
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Benson Upah, spokesperson for the Nigeria Labour Congress (NLC), has cautioned that Nigerians might eventually face petrol prices of N5,000 per litre.
In an interview with Weekend Trust, Upah criticized the recent increase in fuel pump prices and argued that it contradicts the agreement previously made between the NLC and President Bola Tinubu’s administration.
He asserted that the Federal Government’s claims of restoring the fuel subsidy are untrue.
Upah remarked, “The subsidy was never reinstated as they have stated. So, what justifies the rise in pump prices from N650 to N1,500 or even N2,000?
“This situation suggests that we might not have seen the worst yet. There is a possibility that fuel prices could reach N5,000 per litre. We hope it doesn’t come to that, but if it does, it will be up to Nigerians to make the decision.”
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Students Loan: NELFUND receives another N2m refund
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The Nigerian Education Loan Fund (NELFUND) has announced the receipt of a two million Naira bank draft from Adegboyega Awomolo, SAN, a former student loan beneficiary.
This information was disclosed in a statement by Monalisa Dike from the Corporate Communications Department of NELFUND on Friday in Abuja.
Dike noted that Awomolo had received the loan during his undergraduate studies at the University of Ife (now Obafemi Awolowo University) from 1975 to 1977.
She mentioned that Awomolo had fully repaid the loan, showing his strong commitment to the country.
“The original loan amount was N1,000 for two academic sessions, which played a crucial role in his completion of the law degree.
“Although Awomolo had attempted to repay the loan several times over the years, he was only able to settle it now.
“In his letter to NELFUND’s Managing Director, Mr. Akintunde Sawyerr, Awomolo expressed his appreciation for the student loan opportunity provided by the Nigerian government,” Dike said.
She added that Awomolo praised the transparency and accountability NELFUND has shown in managing student loans.
Dike emphasized that Awomolo’s repayment highlights the enduring impact of President Bola Tinubu’s initiative and NELFUND’s continued importance in supporting Nigerian students.
She also mentioned that the repaid funds will be used to support the education of current students in need of loans.
News
NDDC warns on fraudulent Youth Internship Scheme
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The Niger Delta Development Commission (NDDC) has issued a warning to the public about scammers pretending to represent the NDDC Youth Internship Scheme.
The NDDC also noted that registration for the scheme ended on August 31, 2024.
This information was released in a statement on Friday by Seledi Thompson-Wakama, Director of Corporate Affairs at the commission, and shared with DAILY POST.
The statement reads, in part: “We have received reports of individuals receiving unsolicited messages claiming they have been selected for the NDDC Internship Scheme, which includes requests for personal information and an acceptance fee.
“The NDDC does not charge any fees for placing qualified youths in its internship programme. We want to make it clear that these fraudulent selection messages are not affiliated with the NDDC.
“Any official communication from us will only come through our verified websites and social media channels. If you receive a message like this, please ignore it and report it to the relevant authorities. Your safety and privacy are our top priorities.
“For genuine inquiries about our empowerment programs, please contact us directly through our official channels.”
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