News
Update: Tinubu Picks Senator Shettima As Running Mate
All Progressives Congress Presidential Candidate and National Leader, Asiwaju Bola Ahmed Tinubu on Sunday confirmed Senator Kashim Shettima as his Vice Presidential candidate.
Tinubu personally disclosed his choice to journalists at the Daura residence of President Muhammadu Buhari. The APC flag bearer arrived Daura Sunday afternoon to pay Sallah homage to President Buhari who arrived his home town on Friday.
Senator Shettima is former Governor of Borno State and a close associate of Tinubu who has been a staunch supporter and campaigner for the choice of Tinubu as the next President of Nigeria.
He toured many states with Tinubu since December 2021 where he addressed party delegates and mobilised support for the former Governor of Lagos State.
Who is Senator Shettima?
As governor of Borno State between 2011 and 2019, the 56 year old Kashim Ibrahim Shettima ran his government on the similar template used by Bola Tinubu in Lagos.
Despite the Book Haram insurgency, he was able to build world class schools, housing and he also tapped on Human Resources outside his state.
Among his closest aides were an Ibo Christian from Anambra State in the Southeast, an Urhobo Christian from Delta State in the South-South, a Christian from Edo State in the South-South, a Yoruba Christian from the Southwest, a Fulani man from Gombe in the northeast and a Hausa man from Zamfara State in the northwest.
He was born on the 2 September, 1966 to the family of Sir Kashim Ibrahim. He is married to Nana Shettima, and they have three children: two females and a male.
In a Wikipedia biography, Sen. Kashim attended Lamisula Primary School in Maiduguri from 1972 to 1978; Government Community Secondary School, Biu in southern part of Borno State from 1978 to 1980; transferred to Government Science Secondary School, Potiskum (now in neighbouring Yobe State) where he completed his secondary education in 1983. He studied at the University of Maiduguri and earned a Degree (BSc) in Agricultural Economics in 1989. He had his one-year compulsory membership of the National Youths Service Corps, NYSC, at the defunct Nigerian Agricultural Cooperative Bank, Calabar, capital of Cross River State in South-South, Nigeria, from 1989 to 1990.
He obtained a master’s degree (MSc) in Agricultural Economics in 1991 at the University of Ibadan in Southwest, Nigeria. Shettima joined the University of Maiduguri as a Lecturer with the Department of Agricultural Economics and was in the academia from 1991 to 1993.
Early career:
In 1993, he moved into the banking sector and was employed by (now defunct) Commercial Bank of Africa Limited as head of accounts unit at the bank’s office in Ikeja, Lagos State, Southwest, Nigeria.
Shettima was there from 1993 to 1997. In 1997 he crossed over to the African International Bank Limited as a Deputy Manager and rose to become a Manager in 2001. In 2001, he moved to the Zenith Bank as head of its main branch in Maiduguri. At the Zenith Bank he rose to Senior Manager/Branch Head; Assistant General Manager (AGM)/Zonal Head (North-East), Deputy General Manager/Zonal Head (North-East) before he stepped out of the Zenith Bank as a General Manager in 2007 following his appointment as Commissioner for Finance in Borno State.
Shettima worked with the Commercial Bank of Africa as an Agricultural Economist at its Ikeja Office, Lagos State (1993-1997). He then became a deputy manager, later manager, at the African International Bank Limited, Kaduna Branch (1997–2001), and was appointed Deputy Manager/Branch Head of the Zenith Bank’s Maiduguri Office in 2001, becoming General Manager five years later. In mid-2007, Shettima was appointed Commissioner of the Borno State Ministry of Finance and Economic Development. Later he became Commissioner in the Ministries of Local Governments and Chieftaincy Affairs, Education, Agriculture and later Health under his predecessor as Borno Governor Ali Modu Sheriff.
Political career:
From 2007 to 2011, he served as Commissioner in 5 Ministries. In the January 2011 ANPP primaries, Engineer Modu Fannami Gubio was selected as candidate for the governorship. However, Gubio was later shot dead by gunmen, and Shettima was selected in a second primary in February 2011.
In the 26 April 2011 elections, Shettima won with 531,147 votes while the People’s Democratic Party (PDP) candidate, Muhammed Goni, gained 450,140 votes.
He won reelection in 2015 under the All Progressives Congress, APC and was unambiguously chosen as Chairman of the Northern States Governors’ Forum, an umbrella body of Governors in the 19 States located in northern Nigeria. He has so far been driving key changes in the affairs of the forum with focus on promoting northern unity and reviving ailing industries belonging to northern States.
As Governor of Borno State, he efficiently managed challenges arising from the Boko Haram insurgency which he inherited in 2011. With the approval of the National Security Adviser and the Nigerian Army in 2013, his government formalised establishment of youth volunteers called the Civilian JTF.
Senator Kashim Shettima’s leadership credentials have attracted positive recognition within and outside Nigeria. Governor Shettima emerged the 2014 Governor of the Year (Leadership Newspapers), Governor of the Year, 2015, (Nigeria Union of Journalists, national body); Governor of the Year, 2015 (NewsWatchTimes Newspapers); Governor of the Year, 2015 (Vanguard Newspapers); Governor of the Year, 2016 (Tell Magazine); 2017 Zik Prize for Leadership; Kaduna NUJ Award for courage and exceptional leadership (2017), FCT NUJ Merit Award for exceptional Leadership, 2017.
In February, 2019 he became the winner of the Borno Central Senatorial District election, thereby replacing Senator Babakaka Bashir.
Borno Central Senatorial District comprises eight local government areas: Maiduguri, Jere, Konduga, Bama, Mafa, Dikwa, Ngala and Kala Balge.
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.
“This recent price reduction will also ensure that Nigerians pay between N860 and N865 per litre for petrol at the pump in Lagos,” the statement reads.
“This strategic price adjustment is designed to provide essential relief to Nigerians in celebration of the Ramadan season, while also supporting President Bola Ahmed Tinubu’s economic recovery policy by alleviating the financial burden on the Nigerian populace.
“It 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.
“This marks the second reduction of PMS prices in February 2025, following a previous decrease of N60 earlier in the month.
“Additionally, 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.”
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 — MRS Holdings, AP (Ardova Petroleum), and Heyden — 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 country’s 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 APC’s 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.
“The current NWC inherited debts and legal liabilities to the total tune of N8,987,874,663, arising from various legal engagements,” Ganduje said.
However, the APC chairman said Kareem Kana, the national legal adviser, has been working to reduce the debt burden.
“We still passionately appeal to the national executive committee to intervene accordingly,” 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-Square’s 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 ₦1.38billion, $ 1 million and £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: “That 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 ₦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.”
Another count read: “That 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.”
He pleaded “not guilty” 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 defendant’s 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 EFCC’s 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.