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Nigerians Stay Awake! Obasanjo And ‘Owners Of Nigeria’ Plotting Another “June 12” | Louis Odion

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One read with bewilderment, even a sense of dark foreboding, the statement by former President, Chief Olusegun Obasanjo, yesterday (Monday) calling for the cancellation “of all elections that do not pass the credibility and transparency test” during the Saturday (February 25) presidential elections.

We have always known Chief Obasanjo to harbour anti-democratic proclivities. But never did one anticipate this effrontery, this in-your-face audacity by the General and his co-travellers to seek to re-enact the perfidious circus that eventuated in the June 12 annulment of 1993, thereby plunging the country into needless catastrophe yet again.

There is clearly no basis — whether legal or moral — to cancel an election which, on the whole, has been adjudged by the Commonwealth Observer Group as a significant improvement on all previous elections.

Nothing perhaps readily exemplifies this than the outcome of the presidential election in Lagos where the ruling party, APC, lost to Labour Party the home base of its candidate, Asiwaju Bola Ahmed Tinubu; the first in the last 24 years!

Of course, the “feat” has since been celebrated with wild jubilation in social media as proof of “transparency and credibility” of the Saturday elections. But the song of celebration echoed by Obasanjo and his cohorts seems to change only where APC won! Note, on the same day that Labour won Lagos, opposition PDP also won the following key states namely Katsina (home of President Muhammadu Buhari); Plateau (home of DG of APC Campaign, Governor Solomon Lalong who also lost his senatorial election); Nasarawa (home of APC National Chairman, Senator Adamu); Kaduna (home of Governor El Rufai, Special Adviser to APC Campaign) and Kano (home of Governor Abdullahi Ganduje, another Special Adviser to the APC Campaign whose son also lost House of Reps bid).

So, considering this overwhelming backdrop, what else could still be driving the cry of “massive rigging” and call for outright cancellation of results if not perfidy and pure treason? Just how possible is it to nurture democracy without democrats?

For instance, results authenticated by INEC show that Obasanjo, the promoter-in-chief of the Labour Party candidate, could not deliver his polling unit in Abeokuta, Ogun State to his anointed as he only secured 9 votes to the 56 votes scored by the APC candidate. Part of the issue with Chief Obasanjo is indeed the lack of shame and comportment expected of his stature as former president. Otherwise, having openly expressed partisan interest in Peter Obi and proceeded to campaign vigorously for him and then getting beaten soundly in his own very polling unit in Abeokuta, he should know he had ipso facto forfeited the privilege to invoke the spirit of statesmanship to speak in the lofty terms he now aspires.

To be sure, one aligns oneself with competent opinion already offered by legal authorities that the INEC is in order thus far vis-a-vis the announcement of results, consistent with the extant provisions of the Electoral Act. In any case, the provisions of the law clearly avail anyone with contrary view to take advantage of the Election Petition Tribunal.

Inviting the cancellation of the results like Chief Obasanjo did is, therefore, akin to seeking to abort a pregnancy when the midwives already delivered the baby. A laughable exercise in futility indeed.

With this, Chief Obasanjo appears to finally confirm wild speculations that started gaining traction in the last several weeks of a subterranean resolve by some anti-democratic forces to short-circuit the 2023 electoral exercise and foist another Interim National Government on Nigeria by any means possible.

They are the amorphous group of self-interested, self-styled “owners of Nigeria” who arrogate to themselves the prerogative to forever dictate the outcome of every electoral exercise in Nigeria, in utter contempt of the democratic yearning and aspirations of the rest of the populace.

The owl’s flight in daylight is ominous indeed. How ironic that Obasanjo, who had absented himself from the Council of State meeting held two weeks ago at the Presidential Villa, out of spite, is suddenly adopting a solicitous language in an open letter to the same President Buhari.

Symbolically, what Chief Obasanjo is offering President Buhari in the unsolicited epistle is a poisoned chalice indeed. With the Saturday polls already receiving plaudits from all and sundry as “one with little or no monetary inducement of voters”, Chief Obasanjo must be stung to the marrow by bitter jealousy.

Out of mortal envy, he would not want President Buhari to go down in history as organising polls better than his, thereby potentially displacing him as the new authentic “moral voice” of the African continent after iconic Nelson Mandela. For the better part of President Buhari’s two terms, Obasanjo did all within his power to undermine the latter.

At international fora, he never let any opportunity pass without attempting to discredit the incumbent president who ironically is widely adjudged to have recorded more tangible achievements in office with lesser resources compared to the preceding 16 years of PDP profligacy of which Obasanjo had the distinction of squandering billions of dollars with nothing to show.

A classic example was the $16b splurged on phantom power projects that only generated more darkness for Nigerians by 2007 when Obasanjo’s tenure ended. Now that he has a sinister agenda, the Ota famous letter-writer is suddenly shouting “hosanna!” to the same President Buhari, in a shameless emotional blackmail.

Throughout his eight-year imperial reign, the name, Obasanjo, was of course a by-word for bare-faced electoral robbery and willful subversion of due process. Nigerians will indeed never forget how Obasanjo’s enforcer and INEC chair, Professor Maurice Iwu, had, for instance, appeared in Abuja in 2007 to declare PDP winner of Katsina elections while voting was still ongoing!

So indefensible was the process that eventually ushered in President Umar Yar’Adua that he was forthright enough to openly admit Obasanjo’s “electoral atrocities”, and thereafter sought atonement by instituting electoral reforms contained in the Justice Uwais Report.

Against this backcloth, it might not be out of place to now ask lovers of democracy in Nigerian to stay vigilant at this critical moment against the antics of Obasanjo and other so-called “owners of Nigeria” intent on derailing democracy with a view to sustaining their chokehold on the neck of the Nigerian nation.

BIG STORY

Calabar Coastal Project: Peter Obi Inciting Igbos Against Tinubu’s Government — Works Minister Umahi

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Dave Umahi, the minister of works, has said that Peter Obi, the Labour Party’s (LP) previous presidential candidate, is urging the southeast’s populace, particularly the ignorant, to rebel against the government.

Even after putting the folks into trouble, Obi, according to Umahi, would not stand up for them.

During a gathering on Wednesday to recompense landowners impacted by the proposed Lagos-Calabar coastal route, he made the statement.

The Federal Ministry of Work oversaw the exercise’s organisation.

The 700-kilometre coastal highway has been enmeshed in controversy following the demolition of Landmark Beach Resort, valued at $200 million, to create a right of way for the project which is estimated to cost the federal government N15 trillion.

After the demolition, a visibly worried Paul Onwuanibe, the Group CEO of Landmark, told BusinessDay that about 70 percent of the beach was destroyed by the government bulldozer, describing the action as “insensitive.”

“What is left of these businesses are the rubbles you can see (in video clips he captured while the demolition was going on). Those are people’s investments and means of livelihood reduced to mere rubbles; so many jobs have been lost and many Nigerian families are in for it,” Onwuanibe said.

On his part, Obi slammed President Bola Tinubu’s administration for going on with the controversial Lagos-Calabar coastal highway project in defiance of public outcry.

The presidential candidate expressed displeasure that the government is embarking on a job-losing project at a time of rampant unemployment.

Obi said it was not too late to discontinue the Lagos-Calabar highway project, adding that urgent necessities are nationwide security, poverty eradication, healthcare, and education, especially for the poor and underprivileged.

He had also described the reported demolition of businesses and residences in the designated right of way for the project as insensitive and heart-wrenching, lamenting that livelihoods were being wiped away, lifetime investments wasted, and jobs disappearing as a result of the demolition.

In a post on his X handle on Tuesday, the former Anambra State governor said: “The outcry against this project has been overwhelming due to the current situation in the country. However, reports as of yesterday indicate that demolition of businesses and residences in the designated right of way for the project has commenced from the Lagos end.

“The sight of this insensitive demolition is heart-wrenching. Livelihoods are being wiped away, lifetime investments are being wasted, and jobs are disappearing as bulldozers roar through. The homes of the elderly are being overturned by the power of bulldozers.

“This hasty flag-off defies the widespread outcry by the public, especially business and property owners directly affected by the project. Nobody knows the outcry that will accompany this project as it progresses towards poor rural landscapes.

“Thousands of jobs are about to be lost, with investments above $200 million at risk. Over 100,000 jobs in the leisure and hospitality sector face imminent extinction, along with 80 small businesses and their 4000 mostly youth employees.”

However, Umahi insisted there was no inhumanity meted to Landmark and that the matter should be buried because he was actively involved.

The former Ebonyi State Governor alleged that Obi goes around to condemn people, thereby bringing judgment upon himself.

He said: “It brings to some of the comments made by my brother, his Excellency Mr Peter Obi, I am not supposed to comment about it because some people have already done the work. And I know what Arise Television brought courtesy of Channels Television, they were bringing similar scenarios when His Excellency Peter Obi was the governor. He made a statement saying ”Any infrastructure that stands in the way of the road must go. And there would be no compensation paid.” That’s what he said.

“But look at me, by the human face of the renewed hope agenda administration, we are even paying for people who are illegally staying on the coastal line, and don’t have valid infrastructure and valid documents. That is mercy, that’s mercy… You know some people darken counsel without knowledge. You know there’s the devil in the details.

“When you condemn people, you bring judgment upon yourself. And that is what he (Obi) has done. And I think he’s inciting some of the south east people that are not well informed. He is inciting them. And gets them into trouble. And he doesn’t go to fight for them. Wisdom is a defence. And I want our people to have wisdom because I am involved.

“There’s is no inhumanity meted to Landmark, that matters should be buried because I was there. And so we fought everything possible. Even some people donated property to save his two big infrastructures. That’s appreciation. But some people have taken sides along with him to play politics.

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BIG STORY

Dangote Refinery To Get Valid Operating Licence Soon — FG

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The Federal Government said on Tuesday that it was prepared to give a completely legal operating licence to the 650,000 barrels per day capacity Dangote Petroleum Refinery.

This was declared at the Nigerian Midstream and Downstream Petroleum Regulatory Authority’s Stakeholders’ Consultation Forum on Midstream and Petroleum Host Community Development Trust Regulations in Abuja.

The federal government’s NMDPRA, however, clarified that although it had given the $20 billion refinery a pre-commissioning permit, the Dangote refinery would shortly receive a fully operational licence.

The Dangote refinery was opened by former President Muhammadu Buhari in May 2023. In April of this year, the plant began supplying automotive petrol oil, sometimes known as diesel, to the local market. It has yet to release Premium Motor Spirit, popularly called petrol.

Speaking at the forum in Abuja on Tuesday, the Chief Executive of NMDPRA, Farouk Ahmed, told industry players and other stakeholders that the authority would issue a fully valid operating licence to the refinery very soon.

Ahmed, who was represented by the Executive Director, Distribution Systems, Storage and Retailing Infrastructure, NMDPRA, Ogbugo Ukoha, pointed out that currently, only three refineries have valid licences.

“We have issued three refineries with three valid licences. We awarded Dangote refinery even in their pre-commissioning and sooner than later they will have full commission and a valid licence to also operate,” he stated.

He also stated that about 15 gas facilities across the country have valid licences, while more are undergoing processing.

The NMDPRA boss said there are 1,199 facilities with valid licences in the downstream, while more than 176 operators hold gas import permits.

Ahmed said 130 depots have valid licences, while 69 hold valid coastal vessel licences, adding that NMDPRA has licenced 9,464 retail outlets as of 10 am on April 30, 2024.

“In the gas processing facility within the midstream, there are about 15 of them with valid licences. And much is under processing.  If you go to the downstream sector, in the gas state of the downstream, more than 1,199 facilities have NMDPRA valid licences.

“More than 176 operators hold gas import permits. On the liquid licencing side of the downstream, there are 130 depots with valid licences and coastal vessels with more than 69 valid licences as of today. And in the retail outlets, we have 9,464 licenced retail outlets as of 10 am today, April 30,” Ahmed stated.

He explained why locations in the midstream and downstream arms of the oil sector were included as part of host communities, stating that emissions and effluence affect them.

Ahmed said the authority organised the forum for stakeholders to ventilate their ideas and propose measures that would further enable the NMDPRA to relate better with host communities in the mid- and downstream arms of the oil sector.

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Biggest Mess Created In 2023 Was Devaluation Of Naira — Dangote

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Aliko Dangote, chairman of Dangote Industries Limited, claims that the devaluation of naira created the biggest mess for his company in 2023.

Dangote made this known on Tuesday during the annual general meeting of Dangote Sugar Refinery Plc.

Dangote claims that the business is working hard to make sure that dividends are paid out this year.

He claimed that many businesses were also impacted and would not be able to pay dividends, particularly those in the food and beverage industries.

“We are doing whatever it takes to make sure that at the end of the day, we will be paying dividends because if you look at our dividends last year, it was almost 50 percent more so we will try and get out of the mess,” Dangote said.

“The biggest mess created was actually the devaluation of the naira from N460 to N1,400.

“You can see almost 97 percent of the companies, especially in food and beverages businesses, none of them will pay dividends this year for sure but, we will try and get out of it as soon as possible.

“We want to see that at the end of the day, no matter how small, we will be able to pay some dividends, especially if there is a rebound of the naira.”

  • ‘We’ll Reapply For Merger Of Dangote Sugar With Nascon’

Speaking on the suspension of the planned merger of Dangote Sugar Refinery with Nascon Allied Industries Plc and Dangote Rice Limited, the chairman said it was put on hold because the Securities and Exchange Commission (SEC) wanted the rice factory to begin.

Dangote said the rice factory in Jigawa is expected to be commissioned soon, adding that Dangote Sugar will reapply for the merger when the time is right.

On April 19, Nascon announced the suspension of its proposed merger with Dangote Sugar.

Nascon said the merger was not completed due to the current non-operational status of Dangote Rice.

  • Dangote Sugar To End Sugar Importation In 2028

Dangote said the company’s sugar master plan will enable the producer to sell only locally produced sugar in the next four years.

According to the chairman, the implementation of the backward integration policy will give the company the best future in terms of stability and prevent issues relating to exchange rate losses.

“The sugar master plan we are now taking is very, very serious,” he said.

“But to say the least, the industry as a whole, did not really push as we are supposed to push in terms of the backward integration.

“We have done a lot, but we also have our fears because if there is no proper implementation, we do not want to go and sink a lot of your money and we end up losing money because if government is not following or making sure that everybody behaves, then we will not be able to make money. But right now, I think they have called us.

“We have sat down and I can assure you on our own, we think the best future of this company is through the backward integration.

“Because backward integration will actually give you much more forfeit and stability and it will erase all these exchange rate losses.

“So, by the grace of God, in the next four years maximum, our company should be producing what we are selling currently, all domestic, 100 percent domestic.”

However, Dangote said if any sugar is imported by the company, it will only be to complement what it is producing.

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