News
Security threat: Arewa group calls for arrest of “Kyari must go now” group leaders
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The Northern Defence Network, has called for the arrest of leaders of the ‘Kyari Must Go Now’ group in order to interrogate their motives of threatening to shutdown Nigeria’s economic activities by occupying strategic national assets and exposing nude women unto the streets if Group Chief Executive Officer of the Nigerian National Petroleum Company Limited, Mr. Mele Kyari is not relieved of his position.
In a statement signed by the Network’s Chairman, Abubakar Nuhu Sani, said the group is is compelled by true patriotism and love for country to react to a rude, incoherent and indecent purported petition against the Group Chief Executive Officer of the Nigerian National Petroleum Company Limited, Mr. Mele Kyari.
“The authors of the senseless petition, apparently commissioned by self-apponted enemies of the NNPCL GCEO recommended among other things, a Forensic Audit of the Fuel Subsidy regime in the last 8 years.
“In an attempt to rub President Bola Ahmed Tinubu in their unstatesmanlike, misguided misadventure, the obscure coalition claimed to be his key supporters after which they threatened to mobilize and organize a one million youth march to compel compliance.
“Constituting themselves into an imminent national security threat and apparent saboteurs of the Tinubu administration the authors of the felonious petition, some of whom claim to be lawyers, vowed to shut down such crirical national economic assets as the East-West Road, the Benin-Ore Road, Abuja-Lokoja Road, the Asaba-Onitcha Road and mobilize another 5OO youths to shut down the NNPC Towers, Abuja,” he said.
According to Sani, these are actions that are not only felonious and sabotaging the nation’s progress but also pose a significant threat to national security. Therefore, it is imperative that these groups be dealt with accordingly to safeguard the nation’s economic stability and security.
He said the threat by these groups to shut down critical Nigerian national economic assets, such as major roadways and the NNPC Towers, are felonious, sabotaging, and pose a significant threat to national security.
“The disruption of transportation routes and the oil industry undermines economic progress, regional integration, and foreign investment. Moreover, these actions can lead to social unrest, fuel shortages, and violence, jeopardizing the nation’s stability,” he said.
While calling for the arrest of the identified signatories to the petition in order to safeguard Nigeria’s economic stability and security, Abbah said swift action must be taken to ensure the uninterrupted flow of economic activities, protect national progress, and maintain the safety and well-being of Nigerian citizens.
“In another apparent rush to please their sponsors and earn their pay, the uncultured authors of the mindless petition threw decency to the winds by threatening to resort to primitive tactics involving dragging nude women unto the streets in their protests,” he said.
Sani noted that whereas public protests have long been an essential tool for individuals and groups to express their grievances and advocate for change, however, the effectiveness and ethical boundaries of such protests have been clearly defined.
“This particular immoral tactic of threatening to expose nude women on the streets is certainly unacceptable and should not be allowed by the authorities.
“To threaten to expose nude women on the streets in the name of protest is an uncivilized, indecent, indecorous, primitive, immoral and filthy act that should not be tolerated. It violates personal dignity, erodes public decency, degrades the protest message, and exposes women to potential harm and exploitation. Instead, protests should strive to uphold the principles of respect, inclusivity, and constructive dialogue to effect meaningful change.
“Authorities must take a firm stance against this threat by immediately arresting and interrogating the motives of the signatories to the petition to ensure the preservation of a civilized society that values the rights and dignity of all its members,” he said.
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.