News
5 Years After, Nigeria’s Political Party Suspends Dep Senate President Over Alleged Mace Theft
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Five years after maize was allegedly stolen at Nigeria’s red chamber, a faction of the All Progressives Congress in the Delta Central Senatorial District, has suspended the Deputy President of the Senate, Ovie Omo-Agege, over his alleged role in the incident.
The faction urged the national secretariat of the APC to ratify its decision.
The Vice-Chairman of the Delta Central Senatorial District, Sir Michael Oruafe, confirmed the development in a statement issued in Abuja on Monday.
He said the executive of the party in the Senatorial District was already in possession of the receipt of Omo-Agegeās expulsion from his ward.
Oruafe said Omo-Agege, who is the candidate of the APC in the just concluded Governorship Election in Delta State, did not appeal seven days after he was expelled.
He said the Local Government had to approve the expulsion, and forwarded it to the state.
However, Omo-Agege, through his media aide, Ima Niboro, has described the suspension as fake.
He told our Correspondent that the people who announced the suspension were unknown to the party in the state.
He said, āThe suspension is fake. You know this is not the executive committee of the State Chapter.
āNo one knows who these people are. There are no factions in Delta APC.ā
But Oruafe said, āWe are calling on the national leadership of the party to approve Omo-Agegeās expulsion immediately without delay.
āThis development shouldnāt in anyway affect members of the party, they should go about their normal business, as the call is for the benefit of the state party.
Oruafe listed Omo-Agegeās offenses to include among others, the alleged Senate Maize theft in the Eight National Assembly
He also accused the APC candidate of hijacking the party from the ward to the state and personally appointed the Publicity Secretary without consultation with anybody in the state.
He further alleged that āAll the funds sent to the state during the presidential, Senate and governorship elections, was not used for the purpose it was meant for. ā
He said, āOmo-Agege entered an unholy alliance with the Labour Party during the presidential election with the understanding that they will vote for him during the governorship.
āThis action, which we found distasteful, affected the party’s chances in the state.
āHis alleged link with Igbe confraternity we noticed angered the Church.
āThis is because the Igbe confraternity was campaigning for him, the Church stopped campaigning for him. This development affected APC chances in Delta State.
āHis attitude was another factor that angered the Delta APC.
āAll projects coming from the Federal Government were sited in his Senatorial District, Delta Central and other districts never benefitted.
āAnother issue that affected APC chances was the Maze issue, which the people in the state were not comfortable with. This is also one of the reasons the state didnāt vote the him.
āHe led the party in Delta North and the entire state into disrepute, opprobrium, and hate, resulting in the abysmal performance of the APC in the Governorship of February 18, 2023.
āHe boasted that Delta North will never get anything from the state if he becomes the governor.
āHe created animosity among the ethnic groups, a development that caused disaffection and disunity among members of the APC family in the state.ā
News
Dangote Refinery Slashes Petrol Price To N825
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By Abubakar Yunusa
Dangote Petroleum Refinery has slashed its ex-depot price of premium motor spirit (PMS), also known as petrol, to N825.
Esan Sunday, head of media relations and branding communications at Dangote Group, announced the reduction in a statement on Wednesday.
The development comes more than three weeks after the refinery reduced petrol price from N950 per litre to N890.
The new price means that the refinery has significantly cut the ex-depot price by N125 from N950 per litre in January.
āThis recent price reduction will also ensure that Nigerians pay between N860 and N865 per litre for petrol at the pump in Lagos,ā the statement reads.
āThis strategic price adjustment is designed to provide essential relief to Nigerians in celebration of the Ramadan season, while also supporting President Bola Ahmed Tinubuās economic recovery policy by alleviating the financial burden on the Nigerian populace.
āIt is important to note that Dangote Petroleum Refinery has consistently lowered the prices of petrol and other refined petroleum products to the benefit of Nigerians.
āThis marks the second reduction of PMS prices in February 2025, following a previous decrease of N60 earlier in the month.
āAdditionally, in December 2024, during the yuletide period, the refinery reduced the price of PMS by N70.50, from N970 to N899.50 per litre, as part of its commitment to easing the cost of living and providing relief to Nigerians during the holiday season.ā
The oil firm refinery also said previous reductions have positively impacted the overall cost of living, benefiting various sectors of the economy.
Dangote refinery added that its high-quality products, which have become a favourite in both domestic and international markets, will remain available nationwide, particularly through its key partners ā MRS Holdings, AP (Ardova Petroleum), and Heyden ā at market-friendly rates.
The organisation assured the public of a consistent supply of petroleum products, with sufficient reserves to meet domestic demand and a surplus for export, thereby boosting the countryās foreign exchange (FX) earnings.
The refinery also called on marketers to support the initiative, ensuring that Nigerians remain the primary beneficiaries of its effort
News
I Inherited N8bn Debt In APC – Ganduje
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Abdullahi Ganduje, the national chairman of the All Progressives Congress (APC), says the ruling party had a debt of N8.9 billion when he assumed office.
Ganduje took over from Abdullahi Adamu, who was the national chairman of the APC until his resignation in July 2023.
Speaking during the APCās NEC meeting in Abuja on Wednesday, the former Kano governor said the expenses were incurred during pre-election legal battles, election cases, and appeals for legislative, governorship, and presidential elections.
āThe current NWC inherited debts and legal liabilities to the total tune of N8,987,874,663, arising from various legal engagements,ā Ganduje said.
However, the APC chairman said Kareem Kana, the national legal adviser, has been working to reduce the debt burden.
āWe still passionately appeal to the national executive committee to intervene accordingly,ā he said.
Earlier today, the chairman said the party is making efforts to mend internal divisions and bring aggrieved members back into the fold.
Ganduje explained that the APC had initiated high-level discussions among party leaders and stakeholders to address lingering disagreements and strengthen party unity.
National
Alleged N1.3bn Fraud: EFCC Arraigns P-Squareās Ex-Manager
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The Economic and Financial Crimes Commission (EFCC) has arraigned Jude Okoye, the elder brother and former manager of Paul and Peter Okoye of the defunct music group, P-Square, on charges of laundering ā¦1.38billion, $ 1 million and Ā£34,537.59.
Jude was arraigned alongside his company, Northside Music Ltd, before Justice Alexander Owoeye of the Federal High Court, Lagos, on a seven-count charge
One of the counts read: āThat you, Jude Okoye Chigozie and Northside Music Ltd sometime in 2022, in Lagos, within the jurisdiction of this Honourable Court, did directly acquire a landed property known as No 5, Tony Eromosele Street Parkview Estate, Ikoyi, Lagos worth ā¦850,000,000.00 (Eight hundred and fifty million naira) only, which money you knew or reasonably ought to have known forms part of proceeds of unlawful act and thereby committed an offence contrary to Section 18 (2) (d) and punishable under Section 18 (3) of the Money Laundering (Prevention and Prohibition) Act, 2022.ā
Another count read: āThat you, Jude Okoye Chigozie and Northside Music Ltd sometime in 2022, in Lagos, within the jurisdiction of this Honourable Court, did indirectly using bureau de change convert the sum of $1,019,762.87 (One million nineteen thousand, seven hundred and six-two dollars eighty-seven cents), domiciled in Access Bank Plc operated by Northside Music Lid to the naira equivalent and remitted into various bank accounts with the intention of concealing that the said fund form part of the proceeds of an unlawful act and thereby committed an offence contrary to Section 18 (2)(a) and punishable under Section 18 (3) of the Money Laundering (Prevention and Prohibition) Act, 2022.ā
He pleaded ānot guiltyā to the charges.
In view of his plea, the prosecution counsel, Larry Peters Aso, applied for a date for hearing as well as for the remand of the defendant in the correctional facility pending trial.
The defendantās counsel, Inibehe Effiong, informed the court of a pending bail application. He asked for a short date for the hearing. Effiong also asked that the defendant be remanded in the EFCCās custody pending the hearing of the application.
Aso objected to the request for the defendant to be remanded in the EFCC custody. He argued that the EFCC custody was already congested with suspects awaiting arraignment. He urged the court to remand the defendant to the correctional facility since he had taken his plea.
Justice Owoeye adjourned the matter till February 28 for bail hearing and April 14 for trial.
He also ordered that the defendant be remanded in the Ikoyi correctional facility.