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I’ve Never seen Lagos so Mobilised for PDP – Atiku

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The PDP Presidential Candidate, Alhaji Atiku Abubakar  on Tuesday said he was  marvelled  by the level of mobilisation of party members  in Lagos State ahead of the  2023 general elections.

Abubakar, who arrived the state early in the day to attend  series of activities, spoke at a stakeholders’ meeting with party members, leaders and candidates for various positions in the forthcoming elections.

“Now, in all my political career, we are the people who established PDP,  I have never seen Lagos state so mobilised like this.

“This makes me believe that this electoral time, PDP is going to win Lagos. I believe you are going to win Lagos state this time around,” the former vice president said.

Abubakar, who promised to support the party to win the 2023 elections in the state, urged the party stakeholders to work harder to achieve the feat.

“Therefore, we are ready to support you to any level to make sure that you win Lagos state.  You know, when I say I am going to do something, bring the sky down, I will make sure I do it.

“Therefore, I want you to work harder, we will cooperate with you, we will support you and protect you to make sure that this time around, you win Lagos state,” he added.

The PDP standard bearer,, who noted that campaign had not started, said he was in the state to see the situation of things in the party.

He said: “I have come to see for myself that PDP is on ground in Lagos state , and I have seen things for myself.

“That makes me believe that this time around ‘Jandor’ (PDP governorship candidate) is going to be the next governor of Lagos state. You will see what we are going to do when the campaigns start.”

He commended the party members for their support, patience and persistence.

In his remarks, Dr Olajide Adediran (Jandor)  the governorship candidate of PDP in Lagos state, said the people of the state had never been so hopeful with Abubakar.

Adediran said  the party members in the state had spoken to themselves and had decided to focus only on Abubakar as “the Project 2023.”

“We have spoken to ourselves and we have decided to say, regardless of whatever is happening anywhere, what is paramount to us is to deliver Nigeria and Lagos state for the PDP.

“We appreciate you, we believe in you, we cherish you. What we want is a president of the Federal Republic of Nigeria come 2023 and that is what we have in you. Our concern is the 2023 election.

“I want to appreciate you personally for believing this time that we are going to deliver Lagos state for the PDP,” he said.

Newsmen report that Abubakar was accompanied by former governor of Niger,  Babangida Aliyu, Sen. Dino Maleye, Chief Raymond Dokpesi, party stalwarts and some other members of the National Assembly from the party.

Members of the  Philip Aivoji-led Lagos state executive committee of the party were in attendance among other bigwigs of the party.(NAN)

POLITICS

2025 budget: LP Chieftain Lauds Tinubu for Diving Priority to Security, Others

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Dr Ayo Olorunfemi, National Deputy Chairman of the Labour Party (LP) ,has commended  President Bola Tinubu for giving  priority to security and other key sectors in the 2025 Appropriation Bill .

Olorunfemi gave the commendation while speaking with newsmeon Thursday in Lagos.

NAN reports that the President had on Wednesday  presented  the N47.

9 trillion 2025 Appropriation Bill , christened “Budget of Restoration, Securing Peace and Rebuilding Prosperity” , to a joint session of the National Assembly .

The President listed highlights of the 2025 budget allocations to include: defense and security: N4.91 trillion; infrastructure: N4.06 trillion; Health: N2.

48 trillion and Education: N3.52 trillion.

Reacting , Olorunfemi  described security as an enabler of development.

He called on the President to ensure proper implementation ,saying budgets had always been well-crafted but usually lacked monitoring and implementation.

“There is nothing that can happen if there is no security. This is good if the budget is properly utilised for the purpose.

“Our problem is not about policies and budgets, it is about monitoring and implementation.

“There is nothing wrong in bringing a budget proposal forward in terms of expectation, what we want to do, how we want to do it, and how much we want to spend.

“Now, the most important thing is the implementation,, budgets in Nigeria have always been properly crafted,” the LP boss said.

Olorunfemi called on the President to build strong institutions to prevent sabotaging of his policies.

“If this government wants to do anything, it must wake up to the responsibility of monitoring policies and ensure  severe penalty for anyone who attempts to sabotage such policies.

“We need institutions that no one will be able to interfere with. We must allow these institutions to work, that is what we expect.

“Once we have strong institutions, most of our problems are solved,” he said.

He  also called on the President to take steps to address  the problems experienced by Nigerians in the banking sector.

Olorunfemi  decried the inability of many Nigerians to get cash at  bank’s Automated Teller Machines and the high charges paid  to get cash from Point of Sales (POS) operators.

The LP boss also urged the President to devise ways of  ending multiple taxations and high fuel price, describing them as major causes  of  hardship .

Recalled that the President said that the budget was a demonstration of government’s commitment to stabilising the economy, improving lives and repositioning the country for greater performance.

He also said the budget sought to consolidate the key policies instituted to restructure the economy, boost human capital development, increase the volume of trade and investments and bolster oil and gas production. (NAN)

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POLITICS

Atiku hails Ndimi’s Oriental Energy on commissioning of first FPSO 

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By Mike Odiakose, Abuja

The former Vice President of Nigeria and PDP Presidential flag bearer in the 2023 general elections, Atiku Abubakar has congratulated the Chairman of the Nigerian Independent producer, Oriental Energy Resources (OER), Muhammadu Indimi, on the successful completion and commissioning of the Okwok Field’s Floating Production Storage and Offloading (FPSO) vessel/platform in Dubai.

In a statement in Abuja by his Media Office in Abuja on Wednesday, the Former Vice President described the commissioning of the FPSO as one of the most gladdening news coming out from the upstream subsector of Nigeria’s oil industry in recent times.

“The vessel’s deployment at the Okwok field is expected to significantly increase Nigeria’s crude oil output, contributing to the government’s revenue growth and economic development objectives,” he said.

According to Atiku, “This is the first FPSO entirely funded by an indigenous Nigerian company and this landmark achievement being championed by OER showcases the rising capability of Nigerian firms in conceptualising and successfully executing complex projects in the nation’s upstream oil industry.

The successful building and commissioning of the FPSO marks a significant step toward enabling an indigenous oil and gas company to independently develop a marginal oil field. 

This development marks an important milestone for Nigeria and its indigenous energy sector, he said.

“No doubt, this latest investment would boost economic growth, generate job opportunities for Nigerians, and ensure steady growth and development of not only the oil sector but the nation’s economy in general.”

He described Indimi as a man who so much believes in the capabilities that exist in the Nigerian oil and gas industry.

“From onset of his foray into the nation’s oil sector, his vision of standing out as a player of reckon in the nation’s upstream oil business has been top-notch,” he said.

As he said, Oriental Energy’s significant investment in the oil sector has set a new standard in local investment and operational excellence in the nation’s oil business, benefiting both the company and its partners.

The 40,000 barrels per day capacity facility constructed by the Singaporean firm HBA Future Energy will commence sailing to Nigerian waters beginning February 2025 for hook-up on the Okwok Oil Field. Production is expected to commence on the oil field in the first half of next year.

Okwok Oil Field, discovered by ExxonMobil in 1967, is located in Oil Mining Lease(OML) 67, in 31 metres water depth in shallow marine, southeast offshore Nigeria with estimated recoverable reserves of 45 million barrels. OER has an ongoing multi-well drilling campaign on the field that commenced in October 2023.

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POLITICS

2025 Budget: Consequences Will be Devastating, says CUPP 

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By Mike Odiakose, Abuja

The Coalition of United Political Parties (CUPP) on Wednesday said the consequences of the 2025 budget proposal presented to the National Assembly by President Bola Tinubu will be “far-reaching and devastating.”

According to the CUPP, the budget proposal is a stark reminder of the country’s persistent fiscal woes.

President Tinubu Tuesday presented a national budget of N47.

96 trillion for 2025 to the joint session of lawmakers in the National Assembly.

He said the budget which was put together based on economic realities and would trigger the prosperity of Nigerians in 2025 if implemented to the latter, adding that it would restore and consolidate key polices of government.

Tinubu said Nigerians have shown resilience in 2024 economic challenges, hence, he believed that the 2025 budget would leverage that so that the fabric of the nation can be built further in 2025.

However, in a statement signed by High Chief Peter Ameh, the Publicity Secretary of CUPP, said a cursory examination of the line items reveals a familiar pattern which includes, debt servicing continues to take a substantial chunk of the budget, while allocations for critical sectors such as healthcare, education, and infrastructure remain woefully inadequate.

“This phenomenon is not new; rather, it is a recurring tale that has plagued Nigeria’s budgeting process for years,” the statement added.

“The implications of this trend are far-reaching and devastating. As debt servicing continues to drain the country’s resources, poverty levels have skyrocketed, and economic growth has stagnated.

“The human cost of this mismanagement is evident in the lack of access to basic necessities such as healthcare, education, and clean water.

“The failure to address these pressing needs has led to widespread disillusionment and frustration among Nigerians.

“The President’s budget proposal for 2025 presents an opportunity for a paradigm shift. By prioritizing investments in critical sectors, the government can create jobs, stimulate economic growth, and reduce poverty. However, this requires a fundamental transformation of the budgeting process, one that prioritizes transparency, accountability, and stakeholder engagement.

“To break the cycle of annual rituals, the government must adopt a more proactive and responsive approach to budgeting. This includes involving civil society, the private sector, and citizens in the budgeting process to ensure that allocations reflect the country’s pressing needs.

“Performance-based budgeting, where funds are allocated based on performance indicators and project outcomes, can also help to ensure that resources are utilized efficiently.

“Furthermore, the government must address the issue of debt servicing, which continues to drain the country’s resources. Debt restructuring, revenue enhancement, and budget realignment are potential strategies that can help to alleviate this burden.

“The 2025 budget proposal presents a critical juncture for Nigeria. Will the government continue down the path of debt servicing and neglect, or will it seize the opportunity to transform the budgeting process and prioritize the needs of its citizens?

“The choice is clear, and the consequences of inaction will be dire. It is time for a new approach, one that prioritizes transparency, accountability, and the well-being of all Nigerians.”

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