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Senate Reconstitutes Ad-hoc Committee to Probe Economic Sabotage in Petroleum Industry

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From Lateef Taiwo

The Senate has reconstituted its Ad hoc Committee to Investigate Alleged Economic Sabotage in the Nigerian Petroleum Industry contrary to reports that some stakeholders were working to stop the oil probe.

The upper chamber also communicated the decision to reconstitute to the House of Representatives with a view to conducting a more holistic investigation that would sanitise the petroleum industry.

The Senate, presided over its Deputy President, Senator Barau I. Jubrin, announced these decisions at the plenary yesterday after the Leader of the Senate/Chairman of the Ad-hoc Committee, Senator Opeyemi Bamidele sponsored a motion on the need for the two chambers to jointly conduct the oil probe.

In his motion yesterday, Bamidele observed that the House of Representatives had debated on the same subject and also constituted its ad-hoc committee to investigate it.

He observed that there “is need for the Ad-hoc Committees of the two chambers to work together to avoid duplication in the discharge of their constitutional responsibilities.”

He further called for the committee to be reconstituted and be named as “National Assembly Joint Ad-hoc Committee to Investigate Alleged Economic Sabotage in the Nigerian Petroleum Industry”.

After Bamidele’s presentation, the Senate recaptioned the title to “National Assembly Joint Ad-hoc Committee to Investigate Alleged Economic Sabotage in the Nigerian Petroleum Industry”.

The upper chamber also resolved “to communicate its decision to the House of Representatives for the purpose of constituting the equal number of an ad-hoc committee that will working with the Senate.”

While Senator Opeyemi Bamidele will still chair the National Assembly Joint Ad-hoc Committee to Investigate Alleged Economic Sabotage, its members include Senator Asuquo Ekpenyong, Senator Yahaya Abdullahi; Senator Mohammed Monguno and Senator Solomon Olamilekan.

Other members include: Senator Plang Diket, Senator Ipalibo Banigo; Senator Khabeeb Mustapha; Senator Adams Oshiomhole; Senator Williams Eteng Jonah; Senator Adetokunbo Abiru; Senator Osita Izunaso; Senator Sahabi Ya’u; Senator Ahmed Abdul Ningi and Senator Suleiman A. Kawu.

The lawmakers agreed further that the resolution of the Senate be communicated to the House of Representatives, following which the Joint Ad-hoc Committee will be inaugurated by the presiding officers of both chamber

The Senate had on Wednesday, 3rd July 2024 debated a motion on the urgent need to investigate the Importation of Hazardous Petroleum Products and Dumping of Substandard Diesel into Nigeria moved by Sen. Asuquo Ekpenyong (Cross River North).

The Senate had on Thursday, 11th July 2024 recaptioned the title of the Ad-hoc Committee to Ad-hoc Committee to Investigate Alleged Economic Sabotage in the Nigerian Petroleum Industry.

After holding meetings with key stakeholders in the petroleum sector, the Bamidele Committee put its activities on hold with conducting a joint session with the lower chamber and providing workable antidotes to a myriad of challenges in the industry.

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Politics

Tinubu Assures Investors Nigeria Is Open for Business, Welcomes Coca-Cola’s $1bn Plan

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By Francis Wilfred 

President Bola Tinubu has assured local and international investors that Nigeria remains open for business, saying his administration is implementing reforms aimed at creating a more predictable, competitive and investment-friendly environment.

Speaking through the Secretary to the Government of the Federation (SGF), Senator George Akume, at the 75th anniversary celebration of the Nigerian Bottling Company (NBC) in Abuja on Monday, the President said the government is addressing key challenges facing businesses under the Renewed Hope Agenda.

“Our message to investors, both Nigerian and international, is clear: Nigeria is open for business,” Tinubu said,

He noted that reliable infrastructure, efficient logistics, access to foreign exchange, stable regulations and a supportive tax system are critical to attracting investment and expanding production.

According to Yomi Odunuga, the President said ongoing economic reforms are designed to build a more productive and competitive economy, reduce dependence on imports, strengthen local manufacturing and create jobs for Nigerians.

Tinubu welcomed the Coca-Cola System’s proposed $1 billion investment in Nigeria over five years, announced in 2024, describing it as a strong vote of confidence in the country’s economy. 

He said the administration is focused not only on the volume of investment attracted but also on its impact on employment, skills development, technology transfer and local sourcing.

“We are interested not only in the amount of capital that comes into Nigeria, but in what that capital does here,” he said.

The President also praised NBC’s continued expansion of production capacity, including new production lines in Oyo and Kano states, describing such investments as vital to strengthening Nigeria’s industrial base.

He reaffirmed the government’s commitment to improving policies, infrastructure and regulations to support businesses, while urging the private sector to complement government efforts through investment, innovation and job creation.

Tinubu further highlighted the importance of human capital development, commending NBC’s Supply Chain Academy for training over 1,400 young Nigerians and supporting women’s empowerment and community development initiatives.

He urged investors to take advantage of opportunities across Nigeria, expressing confidence that the country can build a stronger economy driven by local production, exports and globally competitive industries.

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Kano  Governorship: Accord Party Governorship Candidate Gashash Getting More Endorsement From Kano Electorates.

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By Jabiru Hassan.


The movement for Democratic Protection and good governance (MDSG) declared it's full support to the Accord Party Governorship Candidate Ambassador Dr. Mukhtar Gashash in the forthcoming general elections.

In a chat with our correspondent in kano, the national president of the movement, Alhaji Dauda Mohammed Ali,  stated that it is time for the people of kano state to bring new steward who is seriously planning to transform the state with highest regard.

He expressed his confidence that Ambassador Dr Mukhtar Gashash will do his best to ensure that kano state becomes more examplary at both sector without bias which is the task previous administrators failed to achieve.

Alhaji Dauda Mohammed Ali reiterated that " this time around, our movement is working day and night to make sure that Kano people mostly youths remained Committed to actualize real change in the state's politics, leadership and transformation under the Accord Party government".

He called on the people of kano state especially the eligible voters to vote Ambassador Dr Mukhtar Gashash due to his Transformation plans for the progress of kano state and it's citizens at both Urban and rural settlements.

Responding to a question about Accord party's strength in kano state, Dauda Mohammed Ali disclosed that in today's democracy, competent candidates should be tipped for an elective positions not the popularity of the political parties stressing that Ambassador Dr Mukhtar Gashash has been found to be the best option for kano state due to his track record on competency, transparency as a real democrat.
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Politics

Caught in the middle: Ortom’s silent dance between two camps.

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There are growing questions about where Mr. Samuel Ortom, a former Governor of Benue State and a prominent figure in the People’s Democratic Party (PDP), truly stands politically ahead of 2027.

Ortom was a key figure in the divisions within the PDP before the 2023 general elections and was widely associated with support for Mr. Peter Obi, who finished third in that contest. More recently, however, he has publicly expressed support for President Bola Ahmed Tinubu’s administration.

The latest discussion began after a visit by Mr. Peter Obi to Benue State. Reports indicate that a vehicle said to belong to Ortom was used to receive Obi at the Air Force Base airport in Makurdi. It is not clear who authorized the use of the vehicle, and Ortom has not commented publicly on the matter.

During the same visit, Obi was reportedly prevented from travelling to Yelewata, where he had intended to condole with families affected by violence. Obi’s team attributed the blockage to supporters of Governor Hyacinth Alia.

The Governor’s spokesman, Sir Tersoo Kula, denied any involvement by the Governor. He suggested the incident may have been staged to damage the Governor’s reputation, or that it could have resulted from disagreements within Obi’s own support base.

Ortom has not issued a statement clarifying his position on the 2027 elections or on the vehicle in question. Attempts to reach him were unsuccessful at the time of reporting.

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