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GOVERNOR ADAMS OSHIOMOLE, OTHERS CELEBRATES OGBEMUDIA AT 84

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Elder statesman and two-time governor of Midwest and Bendel states, Dr. Samuel Osaigbovo Ogbemudia, was lastweek celebrated by eminent citizens of Edo State, including the state governor, Comrade Adams Oshiomhole, who organized a dinner to honour him as he turned 84.

The colourful event which was also organized by his amiable wife, Yetunde Ogbemudia had all the guests in attendance enjoy every bit of it. And it was not a dull moment all through the late night dinner party, exclusively for few prominent social rockers in Benin, Edo State.

Speaking at the colourful event held at the ultra-modern New Era Secondary School, Benin, now renamed Samuel Ogbemudia Secondary School by the Edo State government, Ogbemudia who was visibly overwhelmed with joy, called on people of the state to live a life that would be well emulated and be of good example to others.

His words: “I do not know how to start this speech. Firstly, because two days ago when the governor told me that there would be a banquet, I thought it was a joke and I never knew he would be able to bring together so many people as we have seen here today”.

The birthday boy also appreciate the governor for naming a secondary school after his name and also promise to do all in his great capacity to continue his interest in the development of the state and its people. The night was filled with fun and every guests had enough to eat and drink while some people were exchanging pleasantries with the former military governor and his wife, also wish him a prosperous years ahead.

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My friend who warned against investing in Nigeria now taunting me – Aliko Dangote

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The President of Dangote Group, Aliko Dangote, has disclosed that his friend who earlier warned him against investing in Nigeria is now taunting him for ignoring his advice.

Dangote disclosed this in an interview with PREMIUM TIMES on Sunday just as reports quoted the Nigerian Midstream and Downstream Petroleum Regulatory Authority as claiming that diesel from Dangote Refinery is of inferior quality.

“Four years ago, one of my very wealthy friends began to invest his money abroad. I disagreed with him and urged him to rethink his actions in the interest of his country.

“He blamed his action on policy inconsistencies and shenanigans of interest groups.

“That friend has been taunting me in the past few days, saying he warned me and that he has been proven right,” Dangote was quoted to have said.

He said he invested in the refinery to help solve a major issue in the country, wondering why some people were working against him.

He added, “As you probably know, I am 67 years old. In less than three years, I will be 70. I need very little to live the rest of my life. I can’t take the refinery or any other property or asset to my grave. Everything I do is in the interest of my country.’

“We have been facing a fuel crisis since the 70s. This refinery can help in resolving the problem but it does appear some people are uncomfortable that I am in the picture. So I am ready to let go, let the NNPC buy me out, run the refinery.

“This refinery can help in resolving the problem but it does appear some people are uncomfortable that I am in the picture. So I am ready to let go, let the NNPC buy me out, and run the refinery. At least the country will have high-quality products and create jobs.”

The 650,000 barrel-per-day refinery, which came to life last year after a decade of prolonged construction, cost $19 billion, more than double the initial estimate, promising to help wean Africa’s biggest oil producer off its reliance on fuel from overseas and save up 30 per cent of the total foreign exchange spent on importing goods.

On Sunday, the Federal Government, through the Nigerian Midstream and Downstream Petroleum Regulatory Authority, said it was expecting fresh reports to confirm the real sulphur content of the diesel produced by the Dangote refinery as the company debunked claims of inferior fuel production.

The NMDPRA spokesman, George Ene-Ita, in an interview with The PUNCH, said the agency had done its job and would not engage in a media fight with anybody over the claims made by the NMDPRA Chief Executive, Farouk Ahmed, that Dangote’s diesel has more sulphur content than imported one.

According to Ene-Ita, the authority has about 15 engineers and scientists embedded in the Dangote refinery, whose fresh report about the refinery’s sulphur content will be out on Monday (today).

Africa’s richest man had earlier narrated how a cabal was blocking his moves to import crude and how it has been difficult to get products, slowing down operations.

But last week, the Nigerian Midstream and Downstream Petroleum Regulatory Authority said the Nigerian government was yet to license the Dangote refinery to begin operations in the country.

The Chief Executive Officer, NMDPRA, Farouk Ahmed, disclosed this while speaking with journalists at the state House on Thursday, July 18.

According to Ahmed, the claims of ongoing efforts to scuttle the operations of Dangote refinery due to lack of supply of crude oil by International Oil Companies were not true, adding that the refinery was still at the pre-commissioning stage and has not been licensed yet.

Ahmed added that the diesel product of Dangote was below international standard, a claim which the businessman had refuted.

 

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Nigerians Lambast Lawmaker For Gifting Daughter Lexus SUV Amid Hardship, For Graduating From Secondary School

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Some Nigerians have taken to social media to lampoon Yusuf Gagdi, the lawmaker representing Pankshin/ Kanke/Kanam Constituency of Plateau State for gifting her daughter, Aisha, a brand-new Lexus RX SUV for graduating from Lead British International School in Abuja.

Gagdi a member of the All Progressives Congress in the House of Representatives seems to have literally stirred the honest nest as social media users took him to the cleaners.

Gagdi’s daughter also reportedly did well in her Unified Tertiary Matriculation Examination, Daily Nigerian reports.

Pictures of the proud family and the luxury vehicle were posted on the newspaper’s Facebook page, showcasing the lavish celebration.

The extravagant gift, however, has sparked conversations about wealth inequality and spending habits among Nigerian politicians, especially amidst a struggling economy.

A Facebook user, Lawan Bala Muhammad wrote, “Just secondary school not university. That good representation”

Abubakar Alhaji Abubakar said Nigeria’s “democracy is in wheelchair”.

Abdul Muhammad said, “While his constituents are there without electricity, water, access road or job opportunities.”

“So she would be gifted a jet when she graduates from the university, mispriority of highest order!all the same,congrats to the young damsel,” King Sunday Ajayi wrote.

Adebanjo Joshua said, “SUV that worths more than #75M wasted on secondary school graduated daughter while his constituents are left unemployed and impoverished? God will punish you!”

Babadoko Kutigi wrote, “And they(politicians)keep on telling innocent and venerable Nigerians to be patient with government while add more millions to their reserves everyday by day.”

Ahmerd Muserh said, “How i wish! Such is happening amidst the uncertainty of twice meal for the masses. Nigeria is not a country, it’s a business organisation with heartless proprietors. Astagfirullah!”

Nura Isyaku Fagge wrote, “This is the same lawmaker pretending to pity our situation. He was once addressing the chamber nearly crying.. Mhm.”

Tpl Imrana Daura said, “He could have the money used in buying the car and settle school fees for the less privileged. At least he can for over 300 students in the Nigerian Federal University tuition fees system.”

Also, Ibrahim Magaji Alkasim said, “This car is worth 80-100 Million Naira. How long will it take a working class Nigerian to buy it?

“The politicians are nothing but bunch of looters, they milk the country dry and if you ask for 250k minimum wage they will say Nigeria doesn’t have that money to pay its workers. Always borrowing money from China, IMF and world Bank, they are the same people that will share the money as bogus allowances and mismanage the rest.”

“That is why as ordinary citizens it’s time for us to come back into our right senses and forget our differences, which they are using to divide us. Let us remember It’s us VS them!”

Musa Ibrahim Ahmed wrote, “And they’re still asking Nigerians to be patient. Someone who’s giving out a car worth 40m is asking someone who is struggling with 2 square meal to be patient.!!

“This life no balance at all..🙄 We must protests and bring an end to this inhumane treatment by the gov’t. Aluta continua.”

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Chinese billionaire Guo Wengui convicted in $1b fraud scheme

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A wealthy Chinese businessman Guo Wengui, a self-styled opponent of the authorities in Beijing, was found guilty of defrauding customers of more than $1 billion in a New York federal court on Tuesday, prosecutors said.

Guo presented himself as a fierce critic of the Chinese Communist Party and a fervent defender of democracy, while keeping links with US right-wing figure Steve Bannon, recently jailed in a separate case.

The FBI arrested Guo in March 2023 at his luxurious Manhattan apartment, in a building overlooking Central Park, accusing him of using his online fame to convince thousands of investors to fund his companies or projects.

They included GTV Media, and G/Clubs, which promised profitable investments or luxury services.

But instead of enriching his customers, their funds enabled him to live a life of lavish excess.

“Miles Guo, an exiled Chinese businessman and purported billionaire, brazenly operated several interrelated fraud schemes, all designed to fleece his loyal followers out of their hard-earned money so that Guo could spend his days in his 50,000 square foot mansion, driving his $1 million Lamborghini, or lounging on his $37 million yacht,” prosecutors said, referring to Guo by an alias.

A unanimous jury found Guo Wengui guilty of racketeering conspiracy and various securities fraud, wire fraud, and money laundering charges. He faces decades in prison.”

 

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