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Gov. Zulum distributes food items, cash to 100,000 Borno residents

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Babagana Umara Zulum

The governor of Borno State, Babagana Zulum, has distributed food items and cash to 100,000 under-privileged households in Maiduguri metropolis and Jere Local Government Area.

Speaking on the occasion in Maiduguri on Tuesday, Mr Zulum said that the gesture was part of the distribution of palliatives by the administration to cushion the hardship occasioned by insurgency and COVID-19 pandemic.

Mr Zulum said that the beneficiaries were carefully selected by government to support the needy, particularly during this period of Ramadan fasting.

He said that similar gesture had been extended to the needy in other local government areas.

Zulum said that all the male beneficiaries would get a bag of rice each, while the female ones would receive N10,000, 5kg. of sugar and a wrapper each.

In his goodwill message, Chairman of Maiduguri Metropolitan Council, Alhaji Bolori, described the gesture as timely, urging the beneficiaries to reciprocate it by using the Ramadan period to pray for peace in the state and nation in general. (NAN

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2023: ‘Abba Gida-Gida’ emerges NNPP governorship candidate in Kano

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Abba Gida Gida

The former governorship candidate of the  People Democratic Party (PDP)  in the 2019 Kano State governorship election, Abba Kabir Yusuf, popularly called ‘Abba Gida-Gida’ has been endorsed as the consensus candidate of the  New Nigeria People’s Party (NNPP) in the forthcoming 2023 governorship election in the state.

Recall that Alhaji Yusuf, lost to the incumbent governor, Abdullahi Ganduje after the election was declared inconclusive and a re-run election was conducted in the state.

As confirmed by the party, ‘Abba Gida-Gida and Aminu Abdussalam, his running mate in the 2019 election, will fly the NNPP banner in the election come 2023.

IN CASE YOU MISSED THESE FROM NAIJAONPOINT.COM.NG

During the 2019 election, Alhaji Yusuf was believed to have become a household name with the popular political song; ‘Abba Gida-Gida’ but eventually lost the 2019 election to Governor Umar Abdullahi Ganduje.

After Wednesday’s declaration and the defection of Senator Shekarau to the NNPP, the party has given the Kano Central ticket to Senator Shekarau, who officially joined the party

Also, others considered for senatorial tickets are former Executive Secretary, Tertiary Education Trust Fund (TETFund), Abdullahi Baffa for Kano North and former presidential adviser on National Assembly matters, Abdulrahman Kawu Sumaila will contest for the Kano South senatorial district.

All the candidates emerged through consensus arrangements agreed upon by all the aspirants.

I’m Every Man’s Choice Now, My DM Is Crazy —Eniola Badmus

Nollywood actress, Eniola Badmus, popularly known as Gbogbo Biz Girl has revealed that her DM has been bombarded by would-be suitors, as she is now every man’s choice and has cried out that they should take it easy on her…

It Is Now Bye To Decency: Crazy Fashion Trends At Owambe Parties

Social events around the country have become the avenues for showing off the craziest latest fashion trends. ADEOLA OTEMADE reports that these fashion trends, especially by women who leave little to the imagination, portray the depth of decadence into which the society has fallen… 2023: ‘Abba Gida-Gida’ emerges NNPP governorship candidate in Kano

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FG halts Seplat’s $1.28bn Mobil Oil acquisition deal

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images 2022 05 19T125156.775

The federal government of Nigeria, has declined approval for the proposed Seplat Energy’s acquisition of oil and gas assets belonging to Mobil Oil Producing Nigeria Unlimited (MPNU).

The Nigerian government which communicated its formal response declining the approval in two separate letters addressed to the Chairman and Managing director of Mobil Producing Nigeria Unlimited, Mr. Richard Laing, as well as the immediate past Chairman of Seplat Energy, Dr. ABC Orjiako, cited overriding national interest.

The letter was signed by the Chief Executive Officer of Nigerian Upstream Regulatory Commission (NUPRC), Engr. Gbenga Komolafe and dated May 13, 2022.

Komolafe had in the letter maintained that regardless of the mode of the transaction, Mobil Oil still remains to all intents and purposes, the assignor of the asset under Nigerian law.

Komolafe stated, “We also note that MPNU failed to follow the procedure for assignments laid down in the Guidelines by not providing the requisite notices to the Commission at all relevant stages of the transaction. Even if the transaction has been between Seplat Energy Offshore Limited and the MPNU shareholders, responsibility to ensure compliance with Nigerian laws, rules and regulations always remain that of MPNU, the entity that was awarded the assets.

“We regret to inform you that His Excellency, the Minister of Petroleum Resources has declined his consent to the transaction.

“Nothing in this letter shall be deemed to be a waiver, on the part of the Commission, of any rights under the Guidelines, any law, rule or regulation, and the Commission reserves all its rights in respect of the subject matter. Please accept the assurances of my highest esteem,” the Commission’s boss stated in the letter addressed to Laing, with reference number: NUPRC/LD/1189/01, titled: “Re: Potential Sale and Purchase of the Equity (Shares) of Mobil Producing Nigeria Unlimited.”

Komolafe in his letter obtained by ThisDay, also made reference to the multinational oil company’s letter dated March 30, 2022 with Ref: MPN-PGA-NUP-CCE-0322-0027 on the above subject matter.

He highlighted the contents of the letter MPNU wrote then to the NUPRC on the proposed acquisition, and in particular, the section that stated that the transaction was between parties who were not privy to the Joint Operating Agreement (JOA) between the Nigerian National Petroleum Company (NNPC) and the MPNU dated June 28, 1990, and that does not trigger any relevant rights or obligations under the JOA for either NNPC or MPNU.

Similarly, the MPNU had stated in the letter that the sale of shares by shareholders of MPNU would have no bearing on the consent or preferential right and option requirements of the JOA in favour of NNPC and that the NNPC does not have preferential rights in respect to the transaction.

In addition, the regulator made reference to another aspect of the letter Mobil wrote to it on the matter that, the MPNU shareholders would be proceeding with their efforts to satisfy the conditions required for the approval of the proposed transaction, and the procurement of the consent of the Minister of Petroleum Resources.

Going further, the Commission pointed out that: “You may also be aware that the Commission is in receipt of a letter of 10th March 2022, written by Seplat Energy to the Minister of State for Petroleum Resources, requesting the consent of the Minister of Petroleum Resources to the transaction. This letter was received by the Commission on March 30, 2022.

“Please be advised that even if the transaction in question were between parties who are not privy to the JOA, MPNU remains the leaseholder of the assets subject to the transaction and the focal point of contact with the federal government of Nigeria on any matter or dealings with the assets.

“Also note that overriding National interest will always be the compass of the law. Paragraph 3.1.1 of the guidelines also expressly restates that assignment shall include, but not be limited to: ‘assignment by way of exchange or transfer of shares: This shall entail the acquisition of part or all of the shares of a company which holds an OPL, OML, MF or OGPL in Nigeria

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