Former President Muhammadu Buhari shares insights on his modest lifestyle, revealing that he relies on rental income from his Kaduna property. Discover more about his reflections on governance and transparency. Muhammadu Buhari Reveals He Lives on Rental Income from Kaduna Property Former President Muhammadu Buhari has opened up about how he sustains himself financially, disclosing that he relies on rental income from one of his two houses in Kaduna State. This revelation highlights his commitment to transparency and accountability during and after his time in office. Buhari made this statement during an All Progressives Congress (APC) caucus meeting held on January 25 at the Presidential Banquet Hall, Katsina State Government House. He emphasized that despite Nigeria’s challenges, he refrained from illicitly enriching himself during his eight-year presidency. Buhari’s Modest Property Portfolio Speaking in Hausa, Buhari shared details of his property ownership, revealing that he has only three houses: “After my eight years as a civil president, I have only three houses; one in Daura and two in Kaduna. I have given one out for renting where I get money for feeding,” he explained. Challenges of Leading a Diverse Nation The former president reflected on the complexities of governing a diverse country like Nigeria. According to Buhari, many Nigerians are unaware of the challenges leaders face until they step into administrative roles. “Nigeria is a difficult country to govern, but most Nigerians are unaware. You will not understand the complexities of leadership and the country itself until you find yourself in the administrative position of the country,” he remarked. A Healthier and More Relaxed Buhari Since leaving office, Buhari shared that his health and overall well-being have significantly improved. “I look much better and healthier now than when I was the president of the country. Anybody that sees me now acknowledges that I look better than before,” he said with relief. The former president also reiterated his commitment to integrity, asserting that no one could accuse him of corruption during his time in office. APC Meeting: Preparing for Katsina’s Local Government Elections The APC caucus meeting, where Buhari spoke, was part of the party’s preparations for the upcoming local government elections in Katsina State. His reflections provided a moment of introspection amidst discussions on the future of local governance in the state. ConclusionMuhammadu Buhari’s lifestyle and reflections on governance serve as a reminder of the importance of accountability and transparency in leadership. His candid revelation about relying on rental income for sustenance underscores his modest approach to life, even after serving in Nigeria’s highest office. Call-to-Action:What are your thoughts on Muhammadu Buhari’s revelation about his post-presidency lifestyle? Share your opinions in the comments! RELATED NEWSwww.lmsint.com.ng/muhammadu-buhari-rental-income-kaduna-house READ ALSO: Follow the LMSINT MEDIA channel on WhatsApp: Join Our WhatsApp Group Hear: Chat on WhatsApp Join our Telegram Chanel.
Key Highlights Impact of Dangote Refinery on Nigeria’s Petroleum Sector Tank farm owners and private fuel depots in Nigeria’s midstream petroleum sector are grappling with declining sales following the entry of Dangote Refinery into the market. The refinery, located in Lekki, Lagos, has disrupted the industry by directly supplying refined petroleum products to marketers, a move that has drastically altered the traditional supply chain dynamics. The 650,000 barrels-per-day refinery began operations in January 2024, with diesel sales commencing in February and petrol sales starting in September of the same year. By setting minimum purchase quantities of 1 million liters for diesel and 2 million liters for petrol, Dangote Refinery has introduced a significant challenge for smaller marketers and depot owners. Price Disruption and Market Reactions Dangote’s entry has caused significant price drops. For example: Private depot owners, unable to match these competitive prices, are witnessing a substantial loss of market share. Some independent marketers have formed cooperatives to meet Dangote’s bulk purchasing requirements, further sidelining traditional depots. Controversy Over Monopoly and Regulation Dangote Refinery’s dominance has sparked debates about monopolistic practices. While some major marketers continue importing fuel to prevent a monopoly, Dangote Industries Limited has accused these players of sabotaging its operations by importing adulterated fuel. In response, government refineries in Port Harcourt and Warri have resumed limited operations. Experts argue that these developments, coupled with Dangote’s supply chain, reduce the need for prolonged storage, previously a standard in the industry. Challenges for Tank Farm Owners Tank farm operators, represented by groups like JEPTON and DAPMA, have raised concerns about their diminishing role in the supply chain. They argue that Dangote’s ability to load up to 2,900 trucks daily equates to unregulated retail operations, which directly compete with their business model. “Tank farm owners are losing billions in investments, and without intervention, many may have to shut down operations or sell their facilities as scrap,” said a JEPTON representative. Independent Marketers Adapt The Independent Petroleum Marketers Association of Nigeria (IPMAN) has advised its members to source directly from Dangote Refinery. This collaboration includes a November 2024 agreement ensuring IPMAN members receive 60 million liters of petrol weekly. However, depot owners argue that Dangote’s direct sales to retailers make it nearly impossible for them to remain competitive. Future Outlook With Dangote Refinery scaling its crude oil storage capacity by 41.67% to 3.4 billion liters, the company is positioning itself as the leading supplier in the Nigerian market. While this secures supply reliability, critics warn that Nigerian consumers will ultimately bear the cost of increased crude imports. Industry leaders like billionaire Femi Otedola have urged depot owners to adapt or face obsolescence. “This is reminiscent of how Dangote revolutionized the cement industry. Depot owners should consider selling their facilities while they still have value,” Otedola remarked. Conclusion The emergence of Dangote Refinery as a dominant force has reshaped Nigeria’s petroleum industry. While its operations promise improved supply reliability, they pose significant threats to the survival of traditional depot owners. The coming months will determine whether these players can innovate or succumb to the changing market dynamics. READ ALSO: Follow the LMSINT MEDIA channel on WhatsApp: Join Our WhatsApp Group Hear: Chat on WhatsApp Join our Telegram Chanel.
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CISLAC condemns the arrest of Kano PCACC Chairman Muhuyi Magaji, calling on the IGP to resist political manipulation and uphold Nigeria’s anti-corruption efforts. The Civil Society Legislative Advocacy Centre (CISLAC) has strongly criticized the recent arrest and subsequent release of Muhuyi Magaji Rimingado, the Executive Chairman of the Kano State Public Complaints and Anti-Corruption Commission (PCACC). The arrest, carried out by the Inspector General of Police (IGP) Monitoring Unit, has raised serious concerns about political interference in Nigeria’s fight against corruption. In a statement, CISLAC described the arrest as a glaring example of “corruption fighting back,” warning that such actions threaten to derail Nigeria’s collective anti-corruption efforts and weaken public trust in state institutions. Arrest Allegedly Linked to High-Profile Investigation According to CISLAC’s Executive Director, Comrade Auwal Musa Rafsanjani, the circumstances surrounding Rimingado’s arrest point to political manipulation. He noted that the arrest appears connected to PCACC’s ongoing investigation into properties allegedly linked to a prominent member of the ruling All Progressives Congress (APC). Reports indicate that Rimingado was detained on Friday evening over the seizure of assets suspected to be proceeds of crime. Although he was released on bail the same night, Rimingado was instructed to report to the Force Headquarters in Abuja for further questioning on Monday. Call for Police Neutrality Rafsanjani urged the Inspector General of Police to ensure the integrity of his office remains intact by resisting political interference. He emphasized, “The Inspector General of Police must not allow his office to be used by desperate politicians to undermine anti-corruption efforts or shield powerful individuals from legitimate investigations.” The CISLAC leader expressed concerns that such politically motivated actions not only damage the credibility of Nigeria’s anti-corruption institutions but also erode public confidence in law enforcement. He warned that this undermines the global perception of Nigeria and could deter international investors. Upholding Nigeria’s Anti-Corruption Framework CISLAC reiterated its commitment to transparency and accountability while calling on law enforcement agencies to resist undue political pressure. Rafsanjani further stated that such interference jeopardizes President Bola Tinubu’s administration’s pledge to uphold good governance, transparency, and accountability. The organization urged the Inspector General of Police and all relevant authorities to uphold the rule of law, ensuring that justice prevails and that Nigeria’s anti-corruption framework remains strong and effective. READ ALSO: Follow the LMSINT MEDIA channel on WhatsApp: Join Our WhatsApp Group Hear: Chat on WhatsApp Join our Telegram Chanel.
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Security Heightened as Lawmakers Gather for PlenaryThe Lagos State House of Assembly ramped up security on Monday, January 27, 2025, ahead of its plenary session. Security officials, including policemen, thoroughly screened journalists and other individuals attempting to gain access to the assembly complex. Our correspondent observed multiple security vehicles, including three police patrol cars stationed at the assembly’s main gate, with additional vehicles inside the premises. This move underscores the assembly’s effort to maintain order following recent leadership disputes. Journalists Face Strict Screening At the second gate of the complex, journalists were lined up while security officials verified their identity cards. Individuals who failed to present proper identification were denied entry. This strict protocol highlights the tense atmosphere as the House reconvenes. Leadership Tussle Sparks Security Measures The heightened security follows a weekend of drama stemming from the ousting of former Speaker Mudashiru Obasa. Despite being removed by a majority of lawmakers on January 13, 2025, over allegations of misconduct and financial misappropriation, Obasa insists he remains the rightful Speaker. Speaking at Ikeja GRA on Saturday, Obasa stated, “If you want to claim that I’m corrupt, please prove it, let us see it.” He argued that due process was not followed in his removal. Obasa’s former deputy, Mojisola Meranda, has since been appointed as Speaker. Lawmakers Hold Photo Session Without Obasa Ahead of the plenary, lawmakers gathered for a photo session within the assembly complex, notably without Obasa’s presence. This symbolic moment reflects the ongoing power struggle between Obasa and Meranda, intensifying the assembly’s internal dynamics. Focus on Leadership Integrity The leadership tussle has brought attention to allegations of financial misconduct and the need for transparency in public office. Obasa’s call for lawmakers to substantiate their claims has added fuel to the debate surrounding accountability in the legislative arm of government. Conclusion As the Lagos State House of Assembly resumes plenary under tight security, all eyes remain on the lawmakers’ next steps in addressing the leadership crisis. This development underscores the importance of due process, accountability, and effective governance in Nigeria’s political landscape. READ ALSO: Follow the LMSINT MEDIA channel on WhatsApp: Join Our WhatsApp Group Hear: Chat on WhatsApp Join our Telegram Chanel.
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In a shocking development, gunmen suspected to be kidnappers have abducted a man, his wife, their son, and two others in the Chikakore area of Kubwa, located in the Bwari Area Council of the Federal Capital Territory (FCT), Abuja. The attack occurred in the early hours of Monday, around 12:00 am, leaving the community in fear and disarray. Details of the Incident Reports indicate that the gunmen, numbering about 30 and heavily armed with AK-47 rifles, stormed the residence of Adefija Michael Akinropo. In the coordinated attack, they kidnapped Akinropo, his wife, his son, and his elder brother. The assailants extended their operation to a nearby building housing a poultry farm, where they abducted another man and left his wife with injuries during the raid. Police Response When contacted regarding the incident, Josephine Adeh, the Public Relations Officer of the Federal Capital Territory Police Command, assured the public that efforts were being made to obtain further details about the situation. She stated, “Let me get details from the DPO; I will get back to you.” This latest attack has heightened concerns about the security situation in Abuja and surrounding areas, as residents are now demanding swift action from security agencies to ensure the safety of lives and property. Key Takeaways: READ ALSO: Follow the LMSINT MEDIA channel on WhatsApp: Join Our WhatsApp Group Hear: Chat on WhatsApp Join our Telegram Chanel.
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Former Lagos Speaker Mudashiru Obasa faces suspension threats for insisting on retaining his position after impeachment. Learn more about this historic political shift. Key Highlights: Former Lagos Speaker, Mudashiru Obasa, Faces Suspension Threat Olumuyiwa Jimoh, a former Deputy Majority Leader of the Lagos State House of Assembly, has called for the suspension of Mudashiru Obasa following his insistence on retaining the Speaker’s position despite being impeached. Speaking on Channels Television’s Sunrise Daily program, Jimoh described Obasa’s stance as “impersonation” and stressed that such a claim carries the automatic implication of suspension. “He (Obasa) claims he is still the Speaker, which I think he knows is an impersonation. I feel he should be suspended for that. If I were still in the House, I would move a motion for his suspension,” Jimoh stated emphatically. Obasa’s impeachment occurred on Monday, January 13, 2025, when more than two-thirds of the 40-member House voted him out. The decision was reportedly prompted by alleged misconduct and various other offences. Mojisola Meranda’s Historic Leadership Following Obasa’s removal, Mojisola Lasbat Meranda, who previously served as Deputy Speaker, was elected as the new Speaker. Her appointment marks a historic moment, as she becomes the first female Speaker of the legislative body in Lagos State. Obasa, representing Agege Constituency I, had served in the Lagos Assembly since 2007 and was first elected Speaker in 2015. His removal marks a significant shift in the Assembly’s leadership dynamics. Obasa’s Reactions and Claims On Saturday, January 25, 2025, Obasa reaffirmed his claim to the Speaker’s position, stating that the impeachment process was flawed. He argued that the Assembly complex was militarized during the proceedings and insisted that his removal took place in his absence, as he was outside Nigeria at the time. “I remain the Speaker until the right thing is done,” Obasa said, challenging the legitimacy of the impeachment process. This ongoing dispute has sparked debates about the legality of his claims and the possible consequences of his actions. READ ALSO: Follow the LMSINT MEDIA channel on WhatsApp: Join Our WhatsApp Group Hear: Chat on WhatsApp Join our Telegram Chanel.
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The withdrawal of Mali, Niger, and Burkina Faso from the Economic Community of West African States (ECOWAS) is set to take effect on January 29, 2024, following a year of rising political tensions. This decision marks a significant shift in the regional landscape, leaving ECOWAS’s future in doubt. After a formal notification on January 29, 2024, these three countries, led by military regimes, have made it clear they are determined to leave the bloc, despite ECOWAS’s request to extend the notification period by six months to negotiate a resolution. The departure, which will take effect on Wednesday, will leave the region fragmented, with these nations now forming a new alliance known as the Alliance of Sahel States (AES). Accusations Against ECOWAS The military leaders of Mali, Niger, and Burkina Faso argue that ECOWAS’s sanctions, deemed “inhuman, illegal, and illegitimate,” were imposed after the military coups that brought them to power. These countries have criticized the West African organization for failing to provide adequate support in their ongoing fight against jihadist violence, and they believe ECOWAS’s alignment with former colonial power France has fueled tensions. Consequently, these nations are now forging partnerships with countries like Russia, Turkey, and Iran, rejecting the influence of France. A Weakened ECOWAS The rupture was triggered by the 2023 coup in Niger, after which ECOWAS imposed severe economic sanctions and threatened military intervention to reinstate the ousted president. These sanctions have since been lifted, but the withdrawal of three founding members severely undermines ECOWAS’s capacity to address political crises in the region. According to Gilles Yabi, the founder of West African think tank Wathi, this move will weaken ECOWAS’s ability to maintain stability in the area. As part of their separation from ECOWAS, Niger, Mali, and Burkina Faso will introduce a common passport and a unified army of 5,000 soldiers, aiming to combat jihadist insurgencies in the region. Tensions in the Sub-region The political landscape in the region is shifting, with countries such as Togo and Ghana increasingly engaged with the AES. Togo, already playing a role as a mediator and providing vital port services to landlocked AES members, has seen its diplomatic influence rise. Togo’s foreign minister has even suggested the possibility of joining the AES, which could further weaken ECOWAS if it loses a maritime-accessing member. Meanwhile, Ghana, under the leadership of newly elected President John Dramani Mahama, has also begun reaching out to the AES, exploring the possibility of balancing membership in both ECOWAS and AES. This development signals a shift in the region’s diplomatic alliances. The Future of ECOWAS The split has sparked debates about the future of ECOWAS. Many are calling for reform, advocating for an ECOWAS focused more strictly on economic cooperation, while others suggest that ECOWAS must evolve into a more people-centric organization, free from the influence of political ideologies. Some former ministers believe that AES could remain a part of a reformed ECOWAS, ensuring that economic ties are preserved while addressing the growing security challenges in the region. Despite the fracture, it remains crucial to maintain economic relations between AES and ECOWAS countries, as the region continues to grapple with jihadist violence. This violent extremism, which has taken tens of thousands of lives in Mali, Niger, and Burkina Faso, is now spilling over into coastal countries such as Benin and Togo, threatening to destabilize the entire region. READ ALSO: Follow the LMSINT MEDIA channel on WhatsApp: Join Our WhatsApp Group Hear: Chat on WhatsApp Join our Telegram Chanel.
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Toke Makinwa criticizes 2Baba for publicly revealing his divorce from Annie, calling out the timing and urging support for women. Find out more about this public family dispute. In a bold move, media personality Toke Makinwa has strongly criticized Nigerian artist 2Baba for publicly revealing the end of his marriage to Annie. The announcement, made in a Sunday Instagram post, disclosed that the couple had been separated for a while and were now heading for divorce, bringing a close to their 12-year relationship. Toke Makinwa, in response to the video 2Baba shared, expressed her disapproval, saying, “This is wrong on so many levels, and you should be ashamed of yourself for airing this out. If you think she’s alone in this, let me tell you, you’ll have to face all of us.” The media personality didn’t stop there. She took to her Instagram story to call out those who were remaining neutral in the matter, urging women to stand up. “What’s wrong is wrong, and as women, if you sit on the fence here, it might not affect you now, but it’ll touch your daughter or any female in your family,” she wrote. Makinwa further emphasized, “No one is innocent in this situation, and if the media gets involved, knowing the truth, we’ll be here to fight for her.” The media mogul continued to voice her frustration on another Instagram story on Monday, questioning 2Baba’s decision to publicly share the details of his divorce. She emphasized that the complete truth would eventually come to light, adding, “Nobody is asking anyone to stay in a relationship that no longer serves them, but why bring this online right now?” “People know what’s really going on behind closed doors, but the world has no clue. Opinions are flying everywhere, and when I say we will fight for her, I’m not talking about the general public. Only a few people know the truth. Timing is key, and empathy matters. You preach love, but you can’t contribute to the narrative when you know what’s really happening behind closed doors,” she added. READ ALSO: Follow the LMSINT MEDIA channel on WhatsApp: Join Our WhatsApp Group Hear: Chat on WhatsApp Join our Telegram Chanel.
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Sir Demola Aladekomo calls on President Tinubu to address Nigeria’s counterfeit crisis, emphasizing stricter penalties, technological solutions, and collective action to combat the menace of fake drugs, food, and beverages. The Rising Threat of Counterfeit Products in Nigeria Renowned business leader and philanthropist, Sir Demola Aladekomo, has made an impassioned appeal to President Bola Ahmed Tinubu and other key national leaders. His call, titled “Urgent Call to Address the Proliferation of Counterfeit and Adulterated Drugs, Food Items, and Drinks in Nigeria,” highlights a crisis threatening public health, consumer trust, and the economy. Sir Aladekomo, the founder of Chams Plc and SmartCity Plc, expressed grave concern over the widespread circulation of counterfeit drugs, adulterated food products, and beverages. He described it as a national emergency demanding immediate intervention. “This existential threat endangers lives, undermines public trust, and risks the health of future generations. It is time to declare a national emergency to address this alarming situation,” said Aladekomo. Alarming Statistics on Counterfeit Products Quoting the 2024 World Health Organization (WHO) report, Aladekomo revealed that 500,000 Nigerians die annually due to counterfeit and substandard drugs. This staggering figure underscores the devastating impact of counterfeit products on public health and safety. He warned that the situation threatens: The Scope of the Problem The issue extends across several sectors: Sir Aladekomo emphasized that existing penalties are insufficient to deter offenders, urging the government to impose harsher punishments, including: Leveraging Technology to Combat Counterfeits As a tech innovator, Aladekomo proposed several technological solutions to address this crisis: Recommendations for Immediate Action Sir Aladekomo presented a comprehensive action plan to curb the menace of counterfeit products: A Call for Collective Action “This is not just a fight for the government—it is a fight for all Nigerians. Leaders, businesses, religious institutions, and individuals must unite to combat this menace,” urged Aladekomo. He called on all Nigerians to play their part by: Sir Demola Aladekomo: A Legacy of Innovation and Leadership Sir Demola Aladekomo, a pioneer in Nigeria’s tech space, has been instrumental in deploying groundbreaking innovations such as the Valucard project and Nigeria’s first Wide-Area Network (WAN). His leadership at Chams Plc and other ventures reflects his commitment to national development. In addition to his corporate achievements, Aladekomo has founded NGOs like the DATA Foundation and Volunteer Corps, dedicated to corporate social investment. He remains a vocal advocate for public safety, innovation, and unity in Nigeria. Conclusion The proliferation of counterfeit drugs, food items, and beverages in Nigeria is a national emergency that demands immediate action. Sir Demola Aladekomo’s urgent call serves as a rallying cry for all stakeholders to come together and safeguard lives, restore trust, and secure Nigeria’s future. By adopting stricter laws, leveraging technology, and fostering public awareness, Nigeria can combat this menace and emerge stronger as a nation. READ ALSO: Follow the LMSINT MEDIA channel on WhatsApp: Join Our WhatsApp Group Hear: Chat on WhatsApp Join our Telegram Chanel.
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In a significant development, renowned legal luminary and founder of Afe Babalola University, Ado Ekiti (ABUAD), Aare Afe Babalola SAN, has decided to withdraw the lawsuits filed against activist and lawyer, Dele Farotimi. This decision followed a late-night intervention led by the Ooni of Ife, Oba Adeyeye Ogunwusi, along with other prominent Yoruba traditional rulers. Background on the Lawsuit Afe Babalola had earlier petitioned the Ekiti State Police Commissioner, alleging that Dele Farotimi defamed him in a book titled Nigeria and Its Criminal Justice System. The allegations led to Farotimi’s arrest and arraignment in two Ekiti courts on charges of criminal defamation and cyberbullying. Despite appeals from notable figures, including former President Olusegun Obasanjo and the Catholic Bishop of Sokoto Diocese, Mathew Kukah, Babalola initially chose to pursue the case. Resolution Through Traditional Intervention After persistent efforts from Yoruba monarchs, including the Ooni of Ife, Afe Babalola agreed to drop the charges. Speaking at ABUAD, he explained his decision: “If you go through the pamphlet [Farotimi’s book], you will see that he attacked many judges by name, including Supreme Court judges, and none is bothered. But I am bothered because of where and how I started life, from the farm to where I am. “There is nothing I stand to gain from his imprisonment or damages. I am not seeking more wealth but looking for ways to spend what I have for the benefit of others. The only time I am truly happy is when I give.” Babalola revealed that while he initially resisted interventions from figures like Obasanjo and Kukah, he ultimately accepted the Yoruba monarchs’ appeal: “The request is simple—take away this criminal case in court. On this occasion, I say yes. Thank you, Kabiyesis. I will instruct my lawyers to withdraw the case.” Yoruba Monarchs Commend Babalola The Ooni of Ife, speaking on behalf of the traditional rulers, lauded Babalola’s immense contributions to the Yoruba race, Nigeria, and the world. “We, the Obas, can attest to the hard work of Aare Afe Babalola in building his name. His name cannot and will not be tarnished. Baba, Dele Farotimi is your son; you may not know him personally, but as elders, we guide our children—whether they are tough, soft, or hard. This matter has been resolved, and your name remains intact.” The Ooni further emphasized the collective strength of the Yoruba race in addressing disputes: “We have combined forces with the traditional institution and done the needful. Enough is enough. Your name is intact, Baba.” Key Takeaways Afe Babalola’s decision to withdraw the lawsuit highlights the strength of traditional intervention in fostering reconciliation and unity. This resolution serves as a testament to the enduring influence of cultural values in resolving disputes within Yoruba society and beyond. READ ALSO: Follow the LMSINT MEDIA channel on WhatsApp: Join Our WhatsApp Group Hear: Chat on WhatsApp Join our Telegram Chanel.
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Exploring Nigeria’s Energy Potential Adewale Tinubu, Group Chief Executive of Oando Plc, has highlighted the transformative potential of Nigeria’s energy sector, emphasizing the role of indigenous energy companies in taking over divested assets from International Oil Companies (IOCs). Speaking at the prestigious World Economic Forum (WEF) in Davos, Switzerland, Tinubu revealed that Oando Plc is prepared to harness artificial intelligence (AI) and other advanced technologies to optimize its upcoming drilling campaigns. The goal? To tap into over 1 billion barrels of oil reserves effectively while strengthening decision-making and reducing exploration costs. Nigeria Shines at WEF 2025 The WEF, an exclusive gathering of world leaders, global executives, and non-governmental organizations, offered a platform for the Nigerian delegation to engage with global stakeholders. Key attendees from Nigeria included Vice President Kashim Shettima, Finance Minister Wale Edun, Industry and Trade Minister Jumoke Oduwole, and Adewale Tinubu himself. This meeting brought together leaders from business, academia, and civil society to address pressing global challenges and explore collaborative solutions. Unlocking Nigeria’s Untapped Energy Resources Tinubu shared insights on the Nigerian energy sector, emphasizing that indigenous energy companies are now at the forefront of driving innovation and efficiency in oil exploration. Oando Plc, one of the first Nigerian companies to successfully acquire an IOC’s onshore assets (AGIP), is well-positioned to unlock the sector’s full potential. “As a company, we have over a billion barrels of reserves, 300,000 barrels per day of processing capacity, and 2 billion cubic feet of daily gas capacity. The net present value of these assets exceeds $10 billion,” Tinubu stated. By leveraging local expertise, advanced technologies, and strategic partnerships, Nigerian firms like Oando are poised to accelerate resource extraction and maximize value from the nation’s abundant energy reserves. The Role of Government and Regulators Tinubu emphasized the critical need for government support and regulatory alignment to fully harness the potential of the oil and gas sector. This collaboration is key to addressing economic challenges, boosting foreign investment, and improving Nigeria’s balance of trade. “We need to increase exports significantly to strengthen the Naira and improve trade balances. The oil and gas industry offers the quickest route to achieving this,” he explained. A Just Energy Transition for Africa On the global front, Tinubu addressed the ongoing discussions about decarbonization and energy transition. He reiterated that Africa contributes minimally to global carbon emissions despite representing about 20% of the world’s population. Nevertheless, Oando Plc is committed to sustainability by integrating carbon capture technologies to reduce its carbon footprint. “We’re working to ensure that every molecule of carbon we emit is mitigated through effective carbon capture techniques,” Tinubu added. Conclusion Adewale Tinubu’s remarks at WEF underscore Nigeria’s immense energy potential and the transformative role of indigenous companies in driving economic growth and sustainability. By adopting advanced technologies, fostering government collaboration, and prioritizing environmental responsibility, Nigeria can position itself as a global energy leader. READ ALSO: Follow the LMSINT MEDIA channel on WhatsApp: Join Our WhatsApp Group Hear: Chat on WhatsApp Join our Telegram Chanel.
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“Read about the intense clash in Borno State that claimed the lives of 22 soldiers while over 70 insurgents, including three top commanders, were neutralized during Operation Hadin Kai.” The Defence Headquarters (DHQ) has confirmed the loss of 22 soldiers and the elimination of over 70 insurgents in an intense military operation in the Timbuktu Triangle, a well-known terrorist haven in Borno State, Nigeria. The operation, executed by troops under Operation Hadin Kai, began on January 16, 2025, with a clear objective: to dismantle terrorist enclaves and restore peace to the volatile region. Key Highlights of the Operation Maj. Gen. Edward Buba, Director of Defence Media Operations, disclosed that the ongoing mission has led to multiple confrontations with insurgents. Among those neutralized were three top terrorist commanders: “The three-pronged operation is targeting the notorious Timbuktu Triangle stronghold,” Buba explained. “The encounters resulted in significant gains, with over 70 terrorists, including key commanders, neutralized.” Terrorist Tactics and Military Superiority During the operation, insurgents employed advanced but deadly tactics such as: Despite these measures, the troops demonstrated remarkable resilience, thwarting several attacks. According to Buba, “Troops, familiar with terrorist strategies, successfully countered these attempts, including shooting down drones and repelling vehicular suicide bombers.” Casualties and Media Appeal While the operation has been largely successful, the military faced significant losses, with 22 soldiers killed and several others injured. Maj. Gen. Buba urged media platforms to exercise restraint in publishing the names of fallen soldiers to ensure families are formally informed first. “We deeply regret the casualties recorded during the mission and appeal to the media to avoid releasing names prematurely,” he stated. Conclusion Operation Hadin Kai remains a testament to the bravery and resilience of Nigerian troops in the fight against terrorism. As the operation continues, the military’s commitment to restoring peace in the region remains unwavering. READ ALSO: Follow the LMSINT MEDIA channel on WhatsApp: Join Our WhatsApp Group Hear: Chat on WhatsApp Join our Telegram Chanel.
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Learn how FCT Minister’s aide Lere Olayinka responded to Bauchi Governor Bala Mohammed’s criticism of Nyesom Wike’s ministerial appointment, citing historical precedents and exposing political hypocrisy. ABUJA – Lere Olayinka, the Senior Special Assistant on Public Communications and Social Media to the Federal Capital Territory (FCT) Minister, Barrister Nyesom Wike, has strongly responded to Bauchi State Governor Bala Mohammed’s remarks regarding Wike’s ministerial appointment. Olayinka accused the Bauchi Governor of using Wike’s role as an excuse to deflect attention from his failure to effectively lead the People’s Democratic Party (PDP) Governors’ Forum. In a statement released on Sunday in Abuja, Olayinka emphasized that appointing opposition members into ministerial positions is a common occurrence in Nigeria’s political history and is far from unprecedented. He cited several historical examples to substantiate his claims. Historical Precedents of Opposition Appointments Olayinka pointed out that Barrister Wike’s current appointment as an FCT Minister under the All Progressives Congress (APC) government, led by President Bola Ahmed Tinubu, is consistent with Nigeria’s political tradition. “From Chief Bola Ige to Bala Mohammed himself, the precedent is clear: opposition figures have often served in ruling party governments,” he said. He further elaborated with examples: Olayinka also highlighted that Wike, a staunch PDP member, now serves under the APC-led government, and Bianca Ojukwu of the All Progressives Grand Alliance (APGA) currently holds a ministerial position in the APC administration. Accusations of Hypocrisy Olayinka did not hold back in accusing Governor Bala Mohammed of double standards. He pointed out that Mohammed himself defected from the ANPP to accept a ministerial position under the PDP government in the past. “His actions are a clear example of opportunistic politics, and his attempt to claim the moral high ground is hypocritical,” Olayinka stated. Focus on Service, Not Distractions In his closing remarks, Olayinka dismissed Mohammed’s criticisms as distractions fueled by personal ambition. “Governor Mohammed seems more focused on launching a futile bid for the 2027 presidency than on delivering meaningful leadership to his state. Wike’s commitment is to serve diligently, and baseless attacks will not deter him from his duties,” he concluded. READ ALSO: Follow the LMSINT MEDIA channel on WhatsApp: Join Our WhatsApp Group Hear: Chat on WhatsApp Join our Telegram Chanel.
