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Chieftains Of Makinde’s PDP Party Knock Oyo Governor Over ‘Excessive Borrowing’, Others



Stakeholders of the Peoples Democratic Party (PDP) in Oyo State have frowned on what they described as excessive borrowing by the state governor, Seyi Makinde, who is a member of their party.
A former deputy governor in the state, Alhaji Azeem Gbolarunmi, who addressed a press conference along with other party stalwarts said they are worried about how to campaign for the party in 2023.

At the press conference in Ibadan, the state capital, on Tuesday said, Gbolarunmi said, “The governor’s excessive borrowings keep getting huge, and all of these are contrary to the major vision of supporting his candidature in the first place.”
SaharaReporters reports that the Nigerian Debt Management Office (DMO) in March said Oyo State’s foreign debt stood at $85.27 million (N35.46 billion) while domestic debt was N142.56 billion as of December 31, 2021.

Gbolarunmi said, “It is established that one of the major political objectives of the PDP, which is to provide good governance that ensures probity and participatory democracy, and which guarantees human rights and fundamental freedoms of all person resident within the state, has not been fulfilled, despite all proposed interventions by stakeholders of the party.
“Some of the expected achievements from the governor, by members and elders of the Oyo State PDP that worked assiduously for him to be elected on the platforms of PDP, he has grossly disappointed them on, particularly, economy, insecurity, education, agriculture, healthcare, rule of law, the entrenchment of democracy, etc.
“Engr. Seyi Makinde never wanted to relate to the PDP platforms for deliberations and suggestions on how to move Oyo State. forward, to the credit of the state.

“He’d rather decided to run the state and the party singularly, particularly to discredit the party and all the well-meaning people that offered their unreserved support and labour. The scandal deliberately smeared on the party leaders and members was that they were all aggrieved because he did not open the treasury for them!”
He added, “Meanwhile, the governor’s excessive borrowings keep getting huge, and all of these are contrary to the major vision of supporting his candidature in the first place.
“Another major political objective of the party expected in Oyo State is using political power for securing the state. Many members and elders of the party are at present, also feeling quite unsafe in the state, as there had been various attacks on some members of the party, either at events venues or their residences.
“Whereas, the National PDP frowns on any form of recruitment, engaging, or sponsoring. encouraging or funding thugs or terrorists in whatever form, the Party stakeholders, therefore, do express dissatisfaction with the efforts of the governor. Not promoting the established political stability within the Party nor fostering unity and integration among the members, and also not safeguarding our core values in PDP are other significant deliberate attempts of the Governor, to undermine the party in Oyo State.

“It has even been a public mockery on the Party that for almost the entire three-year tenure of the Governor, his Deputy, a man much older than him for that matter, has been treated with much disdain and relegation, all of which have been major concerns, displeasure, and sadness to the stakeholders in Oyo State PDP.
“Unfortunately, HE, the Governor has no iota of respect for wise counsels and suggestions from State Members and Leaders of the Party, meaning, the Governor has never been ready to promote and nurture democratic ideals and traditions of the Party on a sustainable basis. These can be corroborated by various Reconciliatory Teams that PDP National had set up at various times, solely to address all the internal problems of the Party, in Oyo State.

“Taking a cue from National PDP, the political objective of the Party in the state would have been, to offer equal opportunities to hold political offices, and protect, defend safeguard the interests of all members state, including the minorities. The Party also expected to promote geopolitical balancing as a principle of power-sharing, with principled character.

News and Report

Asiko deepens gas penetration, unveils 300 metric tonnes LPG/CNG depot in Benin




to grow in geometric progression- Alex Ogedegbe

… We are going to expand into CNG, LNG Gas Station- Abubakar Folami 



Asiko, a leading provider of clean energy solutions operating in Nigeria’s energy sector, has continued to contribute to the economic development of the country with its sterling efforts to ensure in-country utilisation and deepening of gas penetration in the nation, as it unveils 300 Metric Tonnes Liquefied Petroleum Gas (LPG) and Compressed Natural Gas (CNG) depot in Utesi, Ikpoba Okha local government area of Edo state.


This project invariably aligns with the federal government’s priority objective to attain 5 million MT of LPG consumption by 2023.


Speaking at the official commissioning of the gas depot, the Chairman of the Asiko Group, Engr Alex Ogedegbe, expressed that the gas potential of Nigeria is enormously huge and the LPG/CNG depot is designed to provide much-needed energy solution to Nigeria and beyond.


“Today, we are excited to launch our 300MT LPG and CNG depot. The multi-product gas depot, promises to improve gas availability and distribution in the region.”


According to him, “The LPG/CNG depot is poised to become a hub for a wide range of gas products. Under its licensing agreement, the depot is authorised to store Propane, LPG (Liquefied Petroleum Gas), CNG (Compressed Natural Gas) and Liquefied Natural Gas (LNG). Currently, it stores LPG and CNG, with plans for future development to enable the storage of LNG in the near future. The 300MT depot, the biggest in Benin, marks an added step towards contributing to a clean energy future and the realisation of the Federal Government’s decade of gas initiative.”


Ogedegbe said, “Nigeria is endowed with up to 183 trillion cubic feet of gas deposit, and we have not consumed up to 5% of that deposit in Nigeria today. Imagine how much we can distribute to Nigerian society and beyond if we have installations and facilities like this that we are commissioning today.



Also speaking to newsmen at the event, Mr Abubakar Folami, a Director at Asiko, said that the company has similar inland depots and plants across Nigeria, with an impressive inland Propane and LNG terminal currently under construction in Ijora, Lagos.


Similarly, the Utesi Community head, (Okaighele) Mr Monday Edo, said he was very happy about the project commissioning.


This LPG/CNG depot is not just a beacon of progress for the energy sector; it also carries a profound impact on the local community. The depot is expected to generate over 100 job direct and indirect job opportunities, contributing significantly to the economic welfare of the region. The creation of these jobs underscores Asiko’s commitment to empowering and uplifting the economic activities of its host communities.


Asiko is a leading provider of clean energy solutions in Nigeria, dedicated to delivering a comprehensive network of sustainable, accessible, and innovative clean energy solutions. With a focus on LPG, LNG, CNG, propane, and renewable energy, Asiko drives the region’s clean energy transition and ensures energy security.


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News and Report

Tingo Media CEO Agbonwaneten to bury mum in PH



It will be a carnival of sort as the Chief Executive Officer of Tingo Media, Mr. Ebuwa Martins Agbonwaneten has concluded plans to hold the funeral of his mother, Princess Karina Namikpoh who passed away at 68.

A statement by Agbonwaneten, who is also the CEO to The Dozy Mmobuosi Foundation, a non-governmental organisation owned by billionaire technology entrepreneur, Dozy Mmobuosi on behalf of the family, said their matriarch will be laid to rest in Port Harcourt, Rivers State on September 29- October 1, 2023.

A service of songs and tributes hold in her honour on Friday, September 29 at Azny Place, No 2 Louis Drive, opposite Nextime supermarket, GRA Phase 3, along Abacha Road, Port Harcourt.
Funeral service hold on Saturday, September 30 at Vaults & Gardens, Aggrey Road, off Cemetery Road Port Harcourt.

An interment reception will take place at The Palacios Event Centre, 63 Woji Road, Phase 2 Port Harcourt.

On Sunday, Oct 1, thanksgiving service will take place at Hilltop International Christian Centre, 7 Hilltop Drive Waterlines/Elekahia Link Road Port Harcourt.

Agbonwaneten extended invitations to colleagues, associates and business partners, saying interesting activities have been lined up for their unforgettable experiences.

“As you may already know, my mother’s burial is scheduled for the 29th – 30th of September, 2023, in Port Harcourt. This event is not just a somber occasion; it’s a celebration of a remarkable life and a chance to bid farewell to an extraordinary woman.

“I want you to be a part of this grand celebration. It’s an opportunity to join me in giving my mother the dignified and joyous send-off she deserves. I assure you; we have prepared an unforgettable experience for all who attend!

“Transportation will be seamless, with arrangements and adequate security in place for those traveling from Lagos, Benin, Abuja and all all over the world to Port Harcourt—all free of charge.

“We’ve secured top-notch hotel accommodations to ensure your stay is comfortable and convenient. Our event planning team and funeral directors rank among the industry’s finest, ensuring that every detail is meticulously attended to.

“You may already know my reputation as a gracious host, and I promise you won’t be disappointed. Our menu boasts a delectable array of cuisine, from continental delights to local favorites like ‘nkwobi,’ ‘pepper soup,’ ‘bolé,’ ‘starch and banga’, and more. The drink selection is equally impressive, featuring a range of choices from Champagne, Hennessy, Glenfiddich, Jack Daniels, cocktails, assorted wines, both alcoholic and non-alcoholic, and more,”he stated.

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News and Report

Nationwide Blackout As National Grid Collapses Again…




Nigeria has again been thrown into darkness after the national grid system, operated by the Transmission Company of Nigeria (TCN) from Osogbo in Osun State collapsed.
A check by The Guardian in the early hour of today showed that the grid plummeted to a meagre 273 megawatts of electricity coming from two out of the over 27 electricity generation.
This comes barely a week after TCN, rolled out the drum to celebrate a questionable 400 days of grid stability.
A number of Distribution Companies confirmed to The Guardian that the grid went down at 00:41 AM, disclosing that most of their feeders are out.
As of 4:00 a.m. on Thursday, five generating plants were on the grid. Afam VI had 0.70MW, Dadinkowa was generating 0.00MW, Ibom Power had 32.90MW, Jebba had 240MW and Olorunsogo was on the grid with zero generation.
At about 1AM midnight, the total power on the grid was 35MW, indicating that the country experienced a total collapse.
The grid went to 193MW at about 3AM before climbing to 273MW when this report was filed.
The TCN has not responded to inquiries by our correspondent about the development.

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