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Senate Queries $1.5 billion Spent On Port Harcourt Refinery In 2021 Under Buhari’s Administration With No Results

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The Senate has expressed concerns and raised questions regarding the $1.5 billion approved in 2021 for the Turn-Around Maintenance (TAM) of the Port Harcourt Refinery, given the apparent lack of progress or tangible results.

The upper chamber criticized the perceived disparity in treatment between government-owned businesses and private enterprises, stating that it is “unjust and incorrect” to neglect public companies while private businesses thrive.

Senate Leader and Chairman of the ad-hoc Committee investigating alleged economic sabotage in the Nigerian Petroleum Industry, Opeyemi Bamidele, posed these questions during a session with industry stakeholders at the National Assembly Complex in Abuja on Wednesday.

The committee seeks to scrutinize the utilization of funds and the overall performance of the refinery’s maintenance project.

The session was attended by the Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun; Group Managing Director, Nigerian National Petroleum Corporation Limited, Mele Kyari; Chief Executive, Nigerian Upstream Petroleum Regulatory Commission, Mr. Gbenga Komolafe and the Chief Executive Office, Nigerian Midstream and Downstream Petroleum Regulatory Authority, Mr. Farouk Ahmed, among others.

The Federal Executive Council had approved the plan by the Ministry of Petroleum Resources to rehabilitate and turn around the Port Harcourt Refinery with $1.5bn under the administration of former President Muhammadu Buhari.

Despite the huge investment, the government-owned refinery is yet to function effectively, a situation that compelled the country to depend almost entirely on the importation of petroleum products.

At the session with stakeholders on Wednesday, Bamidele expressed concerns over the dysfunctionality of the government-owned refineries despite investments to carry out turn-around maintenance.

Bamidele observed that the country “is undergoing a truly challenging period,” pointing out that the distribution and supply of refined petroleum products “has been irregular and problematic in the recent history of our fatherland.

“The long queues at filling stations are obviously a testament to this challenge. A situation, whereby we now depend almost entirely on the importation of these products, even when we daily supply the global oil market. No fewer than two per cent of its crude oil requirements are, to say the least, highly worrisome.

“We also have at hand a grievous issue of national concern that directly borders on the importation of hazardous petroleum products and dumping of substandard diesel into the country.”

Under different administrations since 1999, Bamidele observed that the Federal Government “has invested billions of dollars to maintain and turn around the state-owned refineries in Kaduna, Port Harcourt and Warri. But the refineries are not functioning.

“In 2021, specifically, the Federal Executive Council approved $1.5bn for the turn-around maintenance of the Port Harcourt Refinery. Yet, this investment has not yielded significant returns.

“For us, in the Senate, we believe it is unfair and unpatriotic to treat government businesses or public corporations as an orphan while private businesses are flourishing and thriving.”

To permanently nip these challenges in the bud, Bamidele disclosed the Senate’s plan to jointly investigate diverse allegations of economic sabotage in the petroleum industry along with the House of Representatives.

He noted that there would be no room for grandstanding during the investigative hearing, promising that the committee would carry out its mandate fairly and impartially.

While insisting that nobody will be untouchable, Bamidele said the task of ridding the petroleum industry of malfeasance “is urgent and must be carried out in the spirit of nationalism and patriotism. We are ready to carry it out with all senses of honour and responsibility.

“We are also taking it seriously to address fundamental issues that pose grave threats to our economic prosperity, fiscal stability and public health as a Federation. In line with our mandate, we will definitely unravel factors and forces aiding sabotage in our petroleum industry.

“From our findings, we will craft a legislative framework that will entrench global best practices in the industry, open it up for more investments, especially in the midstream and downstream sectors and end vicious regimes of subterfuge in the petroleum industry.”

BIG STORY

RAPE: Appeal Court Decides Convicted Doctor Olufemi’s Appeal Today

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The Lagos Division of the Court of Appeal is set to rule on the appeal filed by Dr. Olufemi Olaleye, the Medical Director of Optimal Cancer Care Foundation, who was convicted of “rape.”

Olaleye allegedly “raped” his wife’s teenage niece and was sentenced to life imprisonment.

He was convicted in October 2023 by Justice Rahman Oshodi of the Lagos State Sexual Offences and Domestic Violence Court. The judge found the case presented by the prosecution “compelling.”

However, Olaleye’s lawyer, Kemi Pinheiro (SAN), filed an appeal in November 2023, arguing that there was no direct evidence to confirm the alleged victim’s age.

Pinheiro added that the prosecution failed to provide documentation to support its claim that she was 16 years old as of the time of the offence.

The defence also contended that the alleged victim’s testimony was “inconsistent,” noting that she did not initially accuse Olaleye of “rape” when making her statement to the police.

In response, the prosecution maintained that it had established the offences of “defilement” and “sexual assault by penetration” beyond a reasonable doubt, which justified the conviction.

The appellate panel, comprising Justice Olukayode Bada, Justice Mohammad Sirajo, and Justice Folasade Ojo, has reserved its judgment after listening to arguments from both sides.

The ruling is expected to be delivered today, Friday, November 29.

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BIG STORY

We’ll Return Out-Of-School Children To Classrooms — President Tinubu

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President Bola Tinubu has reaffirmed his administration’s commitment to reducing the number of out-of-school children in Nigeria.

Tinubu made this statement during a dialogue with French President Emmanuel Macron at the Palais des Élysées, as noted in a press release by Bayo Onanuga, the presidential spokesperson.

In a report released in September 2022, the United Nations Educational, Scientific and Cultural Organisation (UNESCO) estimated that Nigeria had 20 million out-of-school children. However, a report published by the World Bank on June 24 revised this figure, stating that there are 11 million out-of-school children in the country, based on the national education data survey of 2020.

Tinubu emphasized that his administration will focus on improving education for Nigerian children through innovative return-to-class initiatives, skills development programs, and a supportive educational framework.

“In order to bridge the gap for some who are of age and have been out of school for a while, we will encourage skills development,” the statement quoted the president as saying.

He also acknowledged the challenges posed by insecurity in certain regions, which make it difficult for children to return to school, but emphasized that efforts are underway to gradually repopulate classrooms.

“The insecurity in some parts of the country makes it hard for children to return to school, but we are gradually repopulating the classrooms. And we need skills development to bridge the gaps,” he said.

The president further highlighted that the “kinetic” strategies implemented have made progress in the national peace-building process.

“With some more effort, we will be able to get some level of stability. We had a very good harvest this year. And as soon as more farmers can go back to the farm, we will have more stability in harvest and supply,” Tinubu stated.

In response, Macron recognized Nigeria’s vast growth potential and the importance of investing in educational initiatives. He also reflected on his own formative experiences during a six-month internship at the French embassy in Nigeria, which included visits to Lagos and Kano.

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BIG STORY

JAPA: UK Net Migration Falls By 20% Amid Visa Restrictions

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Net migration to the United Kingdom has dropped significantly, with figures for the year ending June 2024 standing at 728,000, a 20 per cent decline from 906,000 the previous year, according to the Office for National Statistics, on Thursday.

The reduction is largely attributed to changes in visa policies implemented by the UK government earlier in the year.

“Our latest estimates indicate a fall in long-term net migration (the difference between people coming to live in the UK and those leaving to live elsewhere).”

“Our provisional estimates show a 20% reduction between our updated estimate for year ending June 2023 (906,000) and our latest estimate for YE June 2024 (728,000).”

“This fall is driven by a decline in long-term immigration mainly because of declining numbers of dependants arriving on study visas,” the report said.

Restrictions introduced in January 2024 prevented many international students from bringing dependants, resulting in a decrease of 94,000 in study visa applications compared to the previous year.

Similar rules introduced in March also prohibited care workers from bringing family members.

While applications for skilled worker visas increased slightly early in the year, there has been a decline since April 2024, when the government revised the list of eligible jobs for the visa category.

The ONS reported that of the 1.2 million people who migrated to the UK during this period, 86 per cent were non-EU nationals, 10 per cent EU nationals, and 5 per cent British nationals.

Indian nationals formed the largest group of non-EU migrants for both work and study purposes, with 116,000 arriving for work and 127,000 for education.

Dependants accompanying work visa holders totalled 233,000, up from 166,000 the previous year, although recent data indicates this number may now be falling.

Emigration also rose, with 479,000 people leaving the UK by June 2024, compared to 414,000 the previous year. EU nationals made up 44 per cent of those leaving, while 39 per cent were non-EU nationals, and 16 per cent were British citizens.

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