Construction of $3.6bn refinery begins in Ogun

Construction of $3.6bn refinery begins in Ogun

The Chief executive officer of Petrolex oil and Gas, Mr. Segun Adebutu has said the construction of 25,000 barrel per day capacity refinery has started in Ibefun area of Odogbolu, Ogun State this month of December, 2017 and it will be completed in 2021.

According to Adebutu while speaking with Blomberg, the company planned to spend $3.6 billion on the construction, with a lube plant estimated to cost $8. 5m.

He said the company plans to inaugurate a storage-tank farm, other mid-stream infrastructure and the start refinery construction this December.

The tanks would be connected to a pipeline in Mosimi which will distribute products across the country.

The refinery project will be funded with loans from banks, international lenders and revenue from Petrolex.

The company also planned a fertilizer plant, lubricants facility and a liquefied petroleum gas plant.

Election tribunal: LASIEC presents certificates of return to 2 Accord party Councillors

The Lagos State Independent Electoral Commission ( LASIEC ) has presented Certificates of Return to Hon. Aderibigbe Imoleayo Oluwafemi and Hon. Olamoyegun Simeon Segun of the Accord Party as Councillors for Ward F and Ward H respectively of Odi- Olowo/ Ojuwoye Local Council Development Area of the State in compliance with the ruling of the Lagos State Elections Petitions Tribunal sitting in Ikeja, Lagos.

The Chairman of the Commission, Justice Ayotunde Phillips (Rtd), was represented by the Permanent Secretary of the Commission, Mr Olumide Lawal while presenting the certificates to the duo. He commended the leadership of the Accord Party, the councillors and their supporters for the confidence reposed in the judicial machinery set up by the State Government for prosecuting election petitions, rather than resorting to self-help which could have led to a breakdown of law and order. P.M news reported.

Photos: APC National Leader on board as Buhari heads to Abidjan

APC National Leader, Asiwaju Bola Ahmed Tinubu on board as Buhari heads to Abidjan for EU-AU summit

APC National Leader, Asiwaju Bola Tinubu, Gov. MA  Abubakar of Bauchi State, Gov. Udom Emmanuel of Akwa Ibom State join President Muhammadu Buhari as he left Abuja for Abidjan to participate in the 5th EU-AU Summit. 

Daniel obtains PDP nomination form, says EFCC can't stop him

Daniel obtains PDP nomination form, says EFCC can't stop him

The former Governor of Ogun State, Otunba Gbenga Daniel on Wednesday bought the People's Democratic party's nomination form for National Chairman race.

OGD as he is fondly called said the Economic and Financial Crimes Commission (EFCC) can not stop him, if he eventually wins.

Daniel while addressing Journalists said he had been to court over 40 times over a period of seven years but all efforts by EFCC to persecute him were in futile.

“I don’t want to talk about my trial. People call it prosecution, I call it persecution,

“But I think there are a few things that are instructive. This trial had been going on for the past nearly seven years. I have been to court probably 40 times. Daniel said.

“It is prosecution that is still prosecuting but they still have not finished presenting their case. I think that is instructive.

“In as much as I don’t want to talk about it, the only thing I want to say is that according to the Nigerian Law and constitution, a person remains innocent until pronounced guilty or otherwise by a court of competent jurisdiction.

“I don’t want to go into the politics of our own state but I am very sure that there is really no issue about my trial. If there is an issue, I will not come to say I want to be chairman.

“And when you look at what is going on now in our country, who is in PDP that is not being tried? Virtually everybody who is in PDP is being tried for one thing or the other.

“They are being arrested on a daily basis and I think the media has a lot of work to report what is going on.

“As far as I am concerned, I cannot pronounce myself as innocent but I know that I am innocent.", He concluded on his prosecution.

Picture: Daniel, when he visited Sultan of Sokoto in his Palace on Monday. 

Osibajo's Ogun State leads in Buhari's appointments, says Presidency

Osibajo's Ogun State leads in Buhari's appointments, says Presidency

The Presidency has announced that Vice President, Professor Yemi Osibajo' State, Ogun leads the remaining 35 states and the Federal Capital Territory (FCT), Abuja in appointments of Chief Executive Officers of federal agencies so far made by the Federal Government of Nigeria.

Presidency disclosed this with a graph made available to journalists on Saturday to fault a recent media report that claimed that 81 out of 100 appointments made by President Muhammadu Buhari are from the North.

The Special Adviser to  President Buhari on Media and Publicity, Mr . Femi Adesina while making document available insisted that Buhari's appointments did not favour the North as suggested by the media report.

The graph revealed that on a scale of 0 to 25, Ogun State tops the list of states from where CEOs of federal agencies hail from with 21.

Imo and Kano States are the next to Ogun State with 15 each.

Katsina, the home state of the President and Edo State share the third position with 14 each while they are followed by Anambra, Kogi and Kwara that have 13 each.

Kaduna has 12; Adamawa and Bauchi have 11 each while Borno and Lagos have 10 each.

Benue, Delta, Niger and Osun states have 9 each ; Gombe and Jigawa have 8 each ; Rivers has 7 while Bayelsa and Ondo have 6 each.

Cross River, Nasarawa, Plateau, Taraba and Yobe have 5 each; Enugu, Ekiti, Akwa Ibom, Oyo , Sokoto and Zamfara have 4 each ; Kebbi has 3 ; while Ebonyi and Abia States have 2 each.

The FCT has nothing recorded against it on the graph .

Buhari removes Lawal, appoints Mustapha as SGF

President Muhammadu Buhari has removed Babachir Lawal as Secretary to government of the federation (SGF) while appointed Boss Mustapha for the post.

President Buhari also approved the recommendation to terminate the appointment of the Director General, National Intelligence Agency (NIA), Ambassador Ayo Oke.

Buhari in a Press release signed on Monday by his Special Adviser on Media and Publicity, Mr. Femi Adesina
also approved the setting up of a three-member panel to, among other things, look into the operational, technical and administrative structure of the Agency and make appropriate recommendations, National Intelligence Agency (NIA).