Group Seeks Probe Of Gov Obaseki Over Alleged Embezzlement Of Education Fund

Mohammed Shosanya

The Empowerment for Unemployed Youths Initiative,has implored the Economic and Financial Crimes Commission to probe the PDP led government of Godwin Obaseki in Edo state over alleged diversion of public fund in the state.

The call was contained in a petition recently submitted to the anti graft agency by The Empowerment for Unemployed Youths Initiative

The Edo state based youth organization,expressed this in a petition recently submitted to the anti graft agency which which was signed by Dannesi Mommoh Prince, the National Coordinator of group and Igwe Ude-Umanta, Director, Research, Documentation and Programmes.

Obaseki,his education commissioner and host others allegedly diverted money meant for educational development in the state for their private use,according to the petition.

The full text of the petition reads:

October 30, 2023
The Chairman
Economic and Financial Crimes Commission (EFCC)
Plot 301/302, Institution and Research Cadastral District
Jabi, Abuja

Sir,
PETITION AGAINST MR. GODWIN OBASEKI (GOVERNOR OF EDO STATE), MRS JOAN OVIAWE (COMMISSIONER FOR EDUCATION, EDO STATE) AND MRS OZAVIZE SALAM (CHAIRPERSON, EDO STATE UNIVERSAL BASIC EDUCATION BOARD) FOR DIVERSION OF $75M WORLD BANK LOAN AND ANOTHER N129.12B APPROVED FOR THE UPLIFT OF EDUCATION IN EDO STATE

We write with reference to the subject matter above.

2. Empowerment for Unemployed Youth Initiative (EUYI) is a group dedicated to advocacy for the improvement of the life of unemployed youths in Nigeria, as well as fighting the conditions that create social contradictions which create lack of empowerment, unemployment and unemployability in young people. The State of public education in Edo State, in spite of billions of Naira budgeted in the seven (7) years, is therefore a social menace in waiting.

On October 23, 2023, a disheartening and tearful video of public primary and secondary schools in Edo State where students learn or unlearn and write their tests and examinations sitting on concrete bare floors hit the internet, attracting a global opprobrium. It is the story of a totally failed public education system in the entire State. This led to reconfirmation, assessment and further investigation of the state of affairs by our team. Our findings compels this petition which is a matter of patriotism, service to humanity and fear of God.

The Edo State Government under, Mr. Godwin Obaseki, obtained a $75 Million Dollars loan from the World Bank to uplift Education under the pilot scheme of Edo Basic Education Sector Transformation (EdoBEST). Also, a breakdown of the Education Budget in Edo State since 2016 shows that a total budget of N129. 12 billion has been spent without any verifiable infrastructure in the schools to justify this huge amount. For the avoidance of doubt, the following is a breakdown of the budget performance:

2016 – N10.06 billion
2017 – N4.75 billion
2018 – N5.70 billion
2019 – N5.28 billion
2020 – N17.04 billion
2021 – N21.03 billion
2022 – N31.04 billion
2023 – 33.02 billion.

In Edo State Universal Basic Education Board in particular, the approved Capital Budget is as follows:
2018 – N4.67 billion
2019 – N4.62 billion
2020 – N8.03 billion
2021 – N6.42 billion
2022 – N6.27 billion
2023 – N7.23 billion.

The simple question we want this commission to ask these officers involved (we understand that Mr. Obaseki still enjoys immunity) is where are these monies since there are no verifiable projects on ground. Experts suggest that less than N10 million or about N15 million in the Nigeria’s usually inflated contract sums can renovate and furnish 1 Block of 6 Classrooms with staff office and toilets.

This means that the State Universal Education Board (SUBEB) alone could have done 2,482 blocks of 6 classrooms with its N37.24 billion Capital Expenditure Estimates between 2018 to 2023 if the above budget of SUBEB was not diverted or stolen.

We appeal to the Economic and Financial Crimes Commission (EFCC) under your able leadership to carry out a thorough investigation on where the education expenditures of Edo State were channeled to under the Godwin Obaseki Administration.

One thing we are certain about is that this investigation will prove that these monies were either diverted to private pockets or other phantom programmes other than what they were meant for. And it is our fervent prayer and hope that this will be investigated and the culprits prosecuted appropriately.

There are allegations that over N5 billion has been frittered away on what the State Government called Education Consultancy. One of such consultancies is the hiring of one Mrs. Chinelo Adaobi to conduct the Primary School Leaving Certificate Examination. It failed woefully. Parents had to provide materials, tables and chairs for their wards to write the examination. It was a scandalous failure. And these are the kind of guises Edo State Education System funds are squandered on.

The Commission must also note that once public officers start to lie willfully on the state of affairs, there is an attempt to cover up corruption. In April 2021, Mrs. Joan Oviawe who was then SUBEB Chairperson deceived the public that she had spent over N6 billion renovating and equipping public schools in Edo State. In fact, she said that over 400 Blocks of Classrooms were done and that only 186 Primary schools were yet to be linked to the EdoBEST.

She further told the public that they have hired 11,000 teachers and were targeting another 3000 graduates. This cannot be true as the list of schools in just Edo Central and North without any presence of Government and teachers are more than 186. That is, even if no other Block of Classrooms had been added since April 2021, even now, that statement shows that monies have been diverted and the public is being deceived.

As you go on with your investigation, let it be reiterated that the EdoBEST in itself appear to be a deliberate organized fraud. Most public schools in Edo State that have some semblance of life are the ones sustained by community efforts and Old School Associations. Most schools in Edo do not have up to five (5) staff in Government Payroll. Some classrooms are used for defecation and smoking by touts and hoodlums. That is the true state of affairs in a State that have spent over N37 billion on capital expenditure on Basic Education alone.

We urge you to ensure justice for those kids who are subjected to dehumanization in the course of acquiring education by a system that that lies that all is well after diversion of development funds. It is also justice for the society who will suffer the outcome of children who were unlearned in the name of learning.

While looking forward to your speedy action, please accept the assurances of our greatest esteem.

Sincerely yours,
Danesi Momoh Prince
National Coordinator

Igwe Ude-Umanta
Director, Research, Documentation and Programmes.

Alaafin Stool:Oyomesi Files Fresh Suit Against Makinde,Others

Mohammed Shosanya

The Oyo town kingmakers,Oyomesi,Thursday filed a fresh suit at the Oyo State High Court sitting in Awe against the Oyo state governor, Seyi Makinde and two others on the vacant stool of Alaafin of Oyo.

Others joined as co- defendants in the suit are, the State Attorney General and Commissioner for Justice and the Commissioner for Local government and Chieftaincy Matters.

The claimants in the suit no, HOY/41/2023 include;High Yusuf Akinade Ayoola, (Basorun of Oyo town) High Chief Wakeel Akindele Oyedepo, (Lagunna of Oyo town) High Chief Amuda Yusuf, (Akinniku of Oyo), High Chief Waheed Oyetunji (Aare Ago Basorun), and Chief Gbadebo Mufutau (Baale Alapo).

The claimants in a suit filed on their behalf by their lead counsel, Barrister Kazeem Sobaloju after the withdrawal and subsequent strike out of the similar case by the Court approached the court again on Thursday with a fresh suit.

Sobaloju reminded the court that he had two pending applications filed on November 1, 2023 on the subject matter before the Court.

He argued that the counter affidavit to the notice of preliminary objection and interim order of injunction were served on him barely 45 minutes ago.

He prayed the court for maintenance of the status quo in spite of the notice of the preliminary objection filed by the defence counsel.

He submitted that he has filed a counter affidavit to the notice of the preliminary objection.

However,the defence counsel, Barrister L.A. Abiola,who is also the Director, Department of Civil Litigation and Advisory Council at the Oyo State Ministry of Justice assured the court of his preparedness to move the application for his notice of preminary objection.

He added that they are not running away from the legal battle.

Justice Ladiran Akintola adjourned the matter till 14th December, 2023 for the hearing of notice of preliminary objection filed by the defence counsel.

Subsidy On Electricity Tariffs Stay-FG

Mohammed Shosanya

The federal government has said that it will continue to subsidize electricity tariffs until such a time the government is convinced that there is incremental power supply.

Minister of Power, Adebayo Adelabu,who disclosed this during a parley with the Power Correspondents in Abuja,added tariffs could have been increased months back but President Ahmed Bola Tinubu did not approve it.

He also hinted that the time is not yet right for implementation of cost reflective tariffs in Nigeria.

He said he doesn’t believe that privatization of the power sector assets infrastructures was the way to go, and declared that commercialisation could have been better as the required huge financial investment outlay which the private sector may be afford, or may not be willing to commit because its long term returns yields.

According to him, government may need to review the structures of DisCos with regards to streamlining the areas of coverages which the Minister observed are too large for each of the DisCos to manage effectively.

He said he took time to study the sector with a view to finding out why his predecessors who brilliant in all sense, failed short of delivering to the expectations of Nigerian.

According to him, previous Minister’s of power did not actualize their plans of improving power situations of the country because they approached the issues of solving the power problem from top to down, stressing that in his tenure the reverse would be the case as he intends to tackle it from down to top.

He described as shameful the fact that Nigeria has stagnated around 4000MW generation over the last years, and disclosed that plans have been concluded to organize a Power Sector Retreat between 12th and 14th December 2023, which shall produce a workable Roadmap for the sector.

He said that Nigeria generate upward of about 50,000MW of electricity, but 95 percent of it is through combined diesel and petrol home generators, adding that the people would not have problem with tariffs increase so long as there is incremental power supply.

He implored states to take advantage of the reformed power sector Act and invest in distribution companies within their states, utilizing existing power lines instead of creating entirely new power infrastructures.

NLNG Absolves Self Of Cooking Gas Price Hike

Mohammed Shosanya

The Nigeria LNG Limited (NLNG)says it was not responsible for the surge in the price of domestic Liquefied Petroleum Gas (LPG), commonly known as cooking gas,in Nigeria.

The gas company’s position was sequel to reports insinuating that a price hike by the NLNG paved way for the increase in the price of the product.

The company,in a statement dismissed the reports as speculative and indicative of a fundamental misunderstanding of Nigeria’s intricate market dynamics.

It said,NLNG has been making defining contributions to the domestic LPG market, spurring the steady growth of the nation’s DLPG market volume from less than 50,000 metric tonnes of imported LPG in 2007 to over 1.3 million metric tons of both domestic and imported LPG currently.

It currently delivers over 450,000 metric tonnes per annum of Butane, the main product in cooking gas and has embarked on domestic propane supply to further grow the market.

The company has committed its entire Butane and Propane production to the domestic market from 2023 and despite feed gas challenges, continues to supply LPG to the domestic market, accounting for approximately 40% of the total market volume,the statement said.

Since the beginning of the year, NLNG has delivered over 380,000 metric tonnes of LPG using the Company’s dedicated LPG vessel.

It added:”NLNG has remained committed to delivering domestic LPG to locations as close to the market as possible by diversifying delivery points starting with Lagos in 2023, fostering competition among terminal owners and ultimately reducing consumer supply chain costs. Efforts are ongoing to reach terminals in Warri and Calabar as soon as the challenges limiting safe delivery of volumes to these other locations are cleared.

“The domestic LPG market, like any other, is subject to dynamic market forces and various external factors. Such factors as changes in exchange rates, and escalating price benchmarks mirroring crude oil prices, and the Panama Canal drought-induced vessel scarcity impacting transport costs especially for imported LPG, have had significant effect on energy prices in the recent times and could undoubtedly be some of the reasons for recent price hikes witnessed in the domestic market

“NLNG maintains an unwavering commitment to ensuring the reliable supply of its LPG production to the domestic market at prices that are reflective of the market. The Company is collaborating with relevant industry stakeholders to achieve this objective and will remain focused on achieving its mission through this avenue among others”

How Russia-Ukraine Crisis Has Impacted Nigerian Crude Oil Inflows-NNPC

Mohammed Shosanya

The Nigerian National Petroleum Company Limited (NNPC Ltd.) has provided insight into how the lingering conflict between Russia and Ukraine has impacted Nigerian crude oil inflows in the international oil market, leading to a dip in demand from the once-dependable Asian market at the onset of hostilities in the Eastern bloc.

Maryamu Idris, Executive Director, Crude & Condensate, NNPC Trading Limited,disclosed in a panel presentation at the Argus European Crude Conference in London, that in addition to the substantial price shocks impacting commodity and energy prices globally, the conflict between Russia and Ukraine has triggered a situation where India, a primary destination for Nigerian grades, increased its appetite for discounted Russian barrels to the detriment of some Nigerian volumes.

“To illustrate the extent of this shift, Nigeria’s crude exports to India dwindled from approximately 250,000 barrels per day (bpd) in the six months preceding the February 2022 invasion of Ukraine to 194,000 in the subsequent six months afterwards. And so far, this year, only around 120,000 bpd of Nigerian crude volumes have made their way to India,” she said.

She noted that the Nigerian crude flow to Europe has increased in a bid to fill supply gaps left by the ban on Russian crude, pointing out that six months before the war, 678,000 bpd of Nigerian crude grades went to Europe, compared to 710,000 bpd six months later and 730,000 bpd so far this year.

“This trend makes it evident that Nigerian grades are increasingly becoming a significant component in the post-war palette of European refiners. Several Nigerian distillate-rich grades have become a steady preference for many European refiners, given the absence of Russian Urals and diesel. Forcados Blend, Escravos Light, Bonga, and Egina appear to be the most popular, and our latest addition — Nembe Crude – fits well into this basket. This was a strong factor behind our choice of London and the Argus European Crude Conference as the most ideal launch hub for the grade,” Idris also said.

Speaking on production challenges, Idris remarked that, like many other oil-producing countries, Nigeria had faced production challenges aggravated by the COVID-19 pandemic, including reduced investment in the upstream sector, supply chain disruptions impacting upstream operations, ageing oil fields, and oil theft by unscrupulous elements. These factors, she said, contributed to production declines in the second half of 2022 and early 2023.

She,however, noted that the challenges are fast becoming a thing of the past with the introduction and implementation of a new framework for the domestic petroleum industry (the PIA of 2021), rejuvenating the business landscape, and re-positioning NNPC Limited to adopt a more commercial approach to the management of the nation’s hydrocarbon resources.

According to her, NNPC Limited has secured vital partnerships with notable financial institutions to promote upstream investments to restore and sustainably grow production capacity in the coming years.

“NNPC Limited is championing concerted efforts in partnership with host communities and private stakeholders to address the security and environmental challenges in the Niger Delta to further fortify production growth. Suffice to say we have already begun seeing significant progress on the rebound. In September 2023, Nigeria recorded its highest crude oil and condensate output in nearly two years, reaching 1.72 million barrels per day. This, we believe, is just the beginning of our production rebound.”

She affirmed that in addition to sustainably growing upstream production volumes, NNPC Limited is also increasing its participation in the downstream sector in line with a ‘wells-to-wheels’ approach, taking the country’s unique hydrocarbon molecules as close as possible to end-users.

The vehicle for this, she said, is the restructured NNPC Trading Company, focused on growing NNPC’s presence in the global market for crude, condensate, gas, and petroleum products.

All  Banknotes Remain Legal Tender, Says CBN

The Central Bank of Nigeria,CBN,says all banknotes remain legal tender in the country.

The apex bank’s clarification was sequel to rumours of insufficient funds, and rejection of old notes in some parts of the country.

The bank on its Twitter platform now X Platform, said: “For the avoidance of doubt, while reiterating that there are sufficient banknotes across the country for all normal economic activity, we wish to state unambiguously that every banknote issued by the Central Bank of Nigeria remains legal tender and should not be rejected by anyone, as stipulated in Section 20(5) of the CBN Act, 2007,” said CBN spokesman, Isa AbdulMumin.

“Accordingly, branches of the CBN across the country have been directed to continue to issue different denominations of old and redesigned banknotes in adequate quantities to Deposit Money Banks for onward circulation to bank customers.

“We wish to restate that all denominations of banknotes issued by the CBN remain legal tender. In line with Section 20(5) of the CBN Act, 2007, no one should refuse to accept the Naira as a means of payment.”

NNPC/Aiteo JV Unveils Nembe Crude Oil Grade

Mohammed Shosanya

The Nigerian National Petroleum Company (NNPC) Limited,has unveiled Nembe Crude Oil Grade, a new crude oil grade into the international crude oil market.

The announcement of the Nembe Crude Oil Blend, produced by Aiteo, the Operator of the NNPC/Aiteo Oil Mining Lease (OML) 29 Joint Venture (JV), was made at the ongoing Argus European Crude Conference in London, on Tuesday, Olufemi O. Soneye, the Chief Corporate Communications Officer, NNPC Limited,disclosed this in a statement.

OML 29, an asset located onshore Nigeria, is operated by Aiteo Eastern Exploration & Production Ltd, Africa’s leading indigenous hydrocarbon producer, following a historic acquisition from Shell in 2014.

The Nembe Crude was earlier blended with the popular Bonny Light grade and exported via the Bonny Oil & Gas Terminal.

The unique selling point of the Nembe Crude Oil grade with an API gravity was highlighted by both the Aiteo E & P and NNPC Limited Leadership at the Argus Conference in London.

The Nembe Crude Oil grade also has a low sulphur content and low carbon footprint due to flare gas elimination, fitting perfectly into the required spec of major buyers in Europe.

Two cargoes of 950,000 barrels each of the Nembe Crude Oil grade have since been exported to France and the Netherlands. With its attractive Assay of API 29 and low sulphur content, the Nembe Crude Oil grade commands a premium to the global Brent benchmark, the statement said.

It also said,with the NNPC-Aiteo OML 29 JV back onstream, Nigeria now boasts of an additional crude oil export of 2 Cargoes at 950,000 barrels each per month and 1.2 Bcf of export gas monthly.

This remarkable achievement signals the commencement of activities at Nigeria’s newest crude oil terminal, the Nembe Crude Oil Export Terminal (NCOET), which was licensed in line with the extant laws and Crude Oil Terminal establishment regulations.

The terminal was conceived as a Floating Storage and Offloading Vessel (FSO) with a storage capacity of two (2) million barrels and the ability to offload crude oil to any export tanker from AFRAMAX to Very Large Crude Carriers (VLCC).

It has a loading capacity of 25,000 barrels per hour and will be exporting over 3.6 million barrels of Crude oil monthly at full scale of operation.

Currently, hydrocarbon production from OML 29, which was hitherto constrained due to evacuation challenges owing to the security issues around the Nembe Creek Trunk Line (NCTL) corridor, has now been debottlenecked through a collaborative and creative approach that led to the innovation of the Alternative Crude Oil Evacuation Solution.

Niger Govt,NNPCL Ink Partnership Deal On Green Economy

Mohammed Shosanya

Niger state Government have signed Green Economy and Energy Development Partnership agreement for the development of four unique projects.

The projects include, Greenfield Hydroelectric power project, Mega Solar parks in institutions and home solar system for 250,000 households out of the 800, 000 households in Niger state, 500 million liters Ethanol Plant with associated cropping of Maize /Sugarcane/Sweet Sorghum on 100,000 hectares of land in Niger state to produce over 500,000 tons of crops to feed the ethanol plant,according to a statement.

According to the statement,NNPC has also plan to plants 135 million trees on 100,000 hectares of land as part of its commitment to climate protection and carbon sequestration towards its 2030 net zero targets.

The statement also quoted the Governor of Niger state as expressing his commitment to planting 1 billion trees on 1 million hectares of land over the next 8 years.

The plan has already gotten the commitment of NNPC which is the largest oil and Gas company in Africa,while Niger state also hopes to partner with other global oil and gas, shipping, airlines, Cement companies, and the United Nations and its agencies in achieving the 1 billion trees target.

NIMC Clears Over 2.5m Backlog Of NIN Modification

Mohammed Shosanya

The National Identity Management Commission (NIMC),has cleared a backlog of over two million National Identification Number (NIN) modification requests in the last two weeks.

Its Acting Director General, Engineer Abisoye Coker-Odusote,who disclosed thison Wednesday in statement,explained that the action was in line with ongoing efforts to enhance identity management services in the country.

This achievement underscores NIMC’s commitment to ensuring that all Nigerians have access to secure and universally recognized identity documentation,she said.

‘NIMC’s dedicated teams have been working tirelessly to process these backlogs and will not relent in effort to ensure that citizens have a streamlined experience when obtaining their NINs.

“We acknowledge the challenges that many Nigerians faced in the past and appreciate the patience they have shown during this period.

“Now that we have cleared over two million outstanding NIN modification applications, we will continue to work strenuously at all our centres to ensure that whatever requests that are outstanding are cleared as soon as possible,” Coker-Odusote added

She also noted that the agency was committed to improving its communication channels.

She said: “We are in the process of establishing a robust communication system to facilitate the logging of complaints as well as the resolution of issues in a timely manner.

“This is because we understand the importance of addressing concerns promptly and are determined to provide efficient solutions to any challenges that may arise.

“Of course, NIMC is actively investing in world-class infrastructure to better serve the Nigerian population.

“We believe that a strong and modernized infrastructure is crucial for delivering efficient and reliable services to all Nigerians.”