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Obasanjo Laments Level Of Poverty Under Jonathan’s Govt

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Olusegun Obasanjo, yesterday lamented the state of poverty under the President Goodluck Jonathan’s administration, saying the middle class has been destroyed by the economic situation.
According to the former president, “A distress text message received by me from a Nigerian requesting for financial assistance clearly indicated that the middle class era has been destroyed by the economic situation.”
Obasanjo likened the present state of the economy to the one witnessed under the military junta headed by the late General Sani Abacha.

The former president, who addressed a group of traders who were on a courtesy visit to his Abeokuta residence, read the Save Our Soul (SOS) message he (Obasanjo) received to the traders, saying: “I told him (the text message sender) that we have experienced this period during the time of Abacha, all the middle class was completely destroyed.”
He said the development notwithstanding, the situation did not change his conviction that “tough time do not last forever, and when tough times come, tough people get going. We will keep going and we will survive this tough time.”
Obasanjo narrated the story of a military personnel who could not afford to buy a brand new car, which he said was a surprise to him.
“I was surprised the day a colonel in the army came to me, complaining that he and his family could not afford to buy a car,” he said.
He also gave another example about a medical doctor’s family that had to relocate to the Arabian country to survive.
“A friend of mine, Dr. Okoro, a medical doctor, his wife was also a medical doctor and they have a daughter who is a medical doctor too. Between the three of them, they could not afford a new car, they had to go to Saudi Arabia. But I pray we will not have such a time in Nigeria,” he said.
While responding to the request of the traders on the way forward especially ahead of the 2015 political dispensation, he said Nigerians have to be alert and vigilant on the situation.
He said: “We have to be at alert. To be forewarned is to be fore armed, if we will get ourselves out of the morals we find ourselves in, it has to be done by each and every one of us.

“We all have contribution to make and should not leave our responsibility on others to do. If we fail to participate in things that are meaningfully positive for this country, you will be a victim and we all become victims.”
Obasanjo said as far as the next political dispensation is concerned, he could not decide yet, resorting on spiritual guidance for help.
He said: “As for me, we don’t know where we are going yet, may God show us the way. The way that will take this country and make it a great one, and when, for me, I understand and I see the way, I will tell you. I pray that God will show me the way, may God show you the way.”

However, leader of the delegation and National President of the Nigerian Market/Traders Council, Mrs. Funsho Osho, said the visit was meant to get the direction of the former president on the 2015 elections.
She said the council had tremendous support from the former president during his eight year rule “as such, we deem it necessary and as a mark of respect to come and find out on which direction we are going.”

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

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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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Tingo Media CEO Agbonwaneten to bury mum in PH

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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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Nationwide Blackout As National Grid Collapses Again…

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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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