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Amosun To Blame For Dangote Refinery’s Relocation to Lagos — Dapo Abiodun

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Ogun State Governor, Dapo Abiodun, on Tuesday, absolved himself of blame in the situation that led to the relocation of the  $19bn Dangote refinery from Ogun State to Lagos.

Abiodun, who confirmed that he was Chairman,  Olokola Free Trade Zone, in Ogun Waterside Local Government Area of the state during the administration of former governor Ibikunle Amosun, said he was not part of the moves that frustrated Dangote out of the state.

The governor, in a statement issued by his Chief Press Secretary, Kunle Somorin, on Tuesday, said he should not be blamed for the loss.

Dangote had initially chosen Ogun State for the site of the refinery, which was inaugurated on Monday, in Lagos, but discussion broke down between Ogun State government and the billionaire businessman, leading to the relocation of the project to Lagos.

In the statement on Tuesday, he said his predecessor, Amosun, should be blamed Ogun lost the opportunity to host the mega refinery.

“Any true born Ogun indigene will sincerely be pained by the huge investment loss, especially when Ogun had been marked as the most suitable natural location for the mega project in Olokola Free Trade Zone, in Ogun Waterside Local Government Area of the state,” the governor lamented.

Explaining his role, he said, “Governor Abiodun, as the chairman of the committee and a big player in the oil and gas industry himself, did everything possible to make sure the project saw the light of the day.

“The then governor, perhaps, having a personal axe to grind with the promoter of the refinery project, Alhaji Aliko Dangote, frustrated all the efforts of Governor Abiodun and his committee.

“The immediate Chairman, Board of Directors of the Nigeria Deposit Insurance Corporation, Mrs Kemi Adeosun, who was then a commissioner, served as the secretary of the committee, which engaged Dangote on the mega project.

“Instead of showing enthusiasm towards hosting the project in the state, the former governor brazenly opposed and obstructed efforts of the Abiodun-led committee in ensuring that the OKFTZ came into fruition.”

Abiodun’s statement was in  reaction to a former governorship aspirant of the Peoples Democratic Party, Segun Sowunmi, who blamed the incumbent governor for  the loss of the  $19bn Dangote refinery.

Meanwhile, the Nasarawa State Governor, Abdullahi Sule, has felicitated Dangote on the inauguration of the integrated refinery.

Sule, who spoke during the opening and handover of the 2.2 kilometre Loko-Oweto Bridge constructed by President Muhammadu Buhari described the refinery as “the end of the energy crisis in Nigeria.”

On the bridge, Sule said, “It’s another dream come true for the people of Loko and Oweto in Nasarawa and Benue States respectively, as well as all the Southeastern part of the country. We are celebrating a dream come true of the bridge.

“Mr President, we can’t thank you enough. We believe you have paid your dues, you have done well for us and by the grace of God, God will be kind also to you.”

Also, Edo State Governor,  Godwin Obaseki, on Tuesday said the  650,000bpd Dangote refinery had opened a new vista of opportunity for the nation’s economy, saying, “What this means is that we will be saving up to $15bn  in a year for not importing. That’s more than the amount we spend today on all our infrastructure, education, and health. That sort of money is coming back to the government for growth.”

Also, the Speaker of the House of Representatives, Femi Gbajabiamila, in a statement on Tuesday congratulated  Dangote on the refinery, describing him as a game changer.

Gbajabiamila said Dangote’s “patriotic pan-Nigerian posture” is worthy of emulation by other Nigerian investors and wished the billionaire well “in his endeavour towards making Nigeria a virile economic giant in Africa.”

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Federal Government Earmarks N827bn For Education Infrastructure In 2025 Budget

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Nigeria’s President, Asiwaju Bola Ahmed Tinubu, has announced that the Federal Government has disbursed a total of N34bn in loans to students studying at tertiary institutions across the country through the “Nigeria Education Loan Fund.”

The President made this statement on Wednesday while presenting the N49.7tn 2025 budget estimates to a joint session of the National Assembly. He also highlighted that the government has allocated N826bn for infrastructure development in the education sector for the 2025 fiscal year.

He stated, “Our administration has so far disbursed N34bn to over 300,000 students via the Nigeria Education Loan Fund.”

“In the 2025 budget, we have made provision for N826.90bn for infrastructure development in the educational sector. This provision also includes those for the Universal Basic Education and the nine new higher educational institutions.”

He continued, “We are convinced that Universal Health Coverage initiatives will strengthen primary healthcare systems across Nigeria. In this way, we have allocated N402bn for infrastructure investments in the health sector in the 2025 budget and another N282.65bn for the Basic Health Care Fund.”

“Our hospitals will be revitalised with medication and better resources, ensuring quality care for all Nigerians.”

“This is consistent with the Federal Government’s planned procurement of essential drugs for distribution to public healthcare facilities nationwide, improving healthcare access and reducing medical import dependency.”

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President Tinubu Targets N1,500 Per Dollar Rate In 2025 Budget Goals

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Nigeria’s President, Asiwaju Bola Ahmed Tinubu, on Wednesday, stated that the Federal Government aims to stabilise the exchange rate at N1,500 to the dollar to ensure the smooth implementation of the 2025 budget.

This marks a reduction of about N200 from the current rate of N1,700 to a dollar.

President Tinubu made this known while presenting the 2025 Appropriation Bill to a joint session of the 11th National Assembly in Abuja.

“The budget projects that inflation will decline from the current rate of 34.6% to 15% next year, while the exchange rate will improve from approximately N1,700 per dollar to N1,500. The base crude oil production assumption is set at 2.06 million barrels per day”, he said.

“The projections are based on the following observations: reducing the importation of petroleum products, increasing exports of refined petroleum”. He added.

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BIG STORY

JUST IN: 32 Reportedly Die In Ibadan Children Programme Stampede

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At least 32 people have tragically lost their lives during a stampede at a children’s carnival in Ibadan, the Oyo State capital, in the early hours of Wednesday.

A statement from the Commissioner for Information and Orientation, Prince Dotun Oyelade, revealed that the stampede occurred at a private children’s funfair at Islamic High School, Basorun, resulting in the deaths of 32 people, mostly children, with some others sustaining injuries.

He mentioned that the state government promptly deployed a rapid response team to the site following the incident.

The commissioner confirmed that the victims have been transported to various hospitals across Ibadan for medical treatment.

While thanking the Commissioner for Health, Dr. Oluwaserimi Ajetunmobi, for quickly activating all available response teams to assist at the scene, Oyelade emphasized that the state government will do everything possible to support the victims of the stampede during this difficult time.

He noted that the sate government was not involved in the planning of the carnival, adding that the Ministry of Health was also not carried along in the organisation of the private end of the year children funfair.

Oyelade emphasised the importance of proper coordination when organising events of such magnitude, especially those involving children and elders.

“We are currently awaiting a detailed report from the Commissioner of Police to clarify the total number of victims involved in this unfortunate incident,” he said.

The commissioner urged parents who are concerned about the whereabouts of their children to check the following medical facilities in Ibadan where affected children were taken for proper medical attention, with a valid means of identification:

  • Patnas Hospital, Basorun
  • Western Hospital, Basorun
  • Ringroad State Hospital
  • Molly Specialist Hospital
  • University College Hospital (UCH)

“Oyo State Government extends its deepest sympathies to the families affected by this tragedy while also urging the public to remain calm and cooperative as relevant pieces of information are gathered and necessary supports arranged for the victims,” he added.

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