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Tinubu’s Running Mate: Governor Bagudu as APC’s Trump Card

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In the next few days, Asiwaju Bola Ahmed Tinubu, the presidential candidate of the All Progressives Congress, APC, will necessarily have to name his running mate. This is following an announcement by the Independent National Electoral Commission, INEC, that all presidential candidates must conclude the choice of their running mates and upload it to its portal by June 17.
For the two leading presidential contestants, Alhaji Atiku Abubakar of the People’s Democratic Party, PDP, and Tinubu, choosing a running mate has been equally as gruelling and rigorous as emerging their respective party’s candidates.
Consultations have been extensive. Allies and advisers, and party stakeholders and supporters have been floating different names into the media to see which one gets oxygen. The existential fact today is that to win the presidential race, the possibility that conventional patterns would be ignored is sky-high. No longer would the vice president be chosen to balance the ticket for mere political expediency. What obtains now and what each of the candidates wants is a partner, a vice president that can complement their experience and plans and programmes for the nation. Certainly, not just another understudy.
Whoever the vice-presidential candidate of either party turns out to be, they must be a person who could help the ticket to win and help the president to govern and be ready to step into the office should something happen to the president. Finding the perfect combination may be impossible. But Tinubu is a lucky man. A southern Moslem who requires the majority votes of the Moslem northwest to win the presidential race, he needs not to look far for that individual that would turn out to be his and the party’s ace in the hole come February 2023. The figure loomed large, unobtrusive, but highly influential and instrumental to the successful outcome of the convention.
Echoes of the APC national convention and presidential primaries held last week in Abuja still reverberate loudly across the nation. The intrigues that preceded and pervaded the convention and the eventual emergence of Asiwaju Bola Ahmed Tinubu as the flag-bearer of the APC are still very fresh in memory.
One of the hair-raising moments as the convention got underway in Abuja was the announcement that the national chairman of the APC, Senator Abdullahi Adamu had announced Senate President Dr Ahmad Lawan as the consensus candidate of the party. It was a trial balloon that was quickly punctured by a coalition of northern governors and, particularly, the Progressives Governor’s Forum chaired by Governor Atiku Bagudu of Kebbi State. They stuck by the agreement that power must return to the south.
Many Nigerians may not realise the efforts of the Bagudu-led PGF but, President Muhammadu Buhari does. Some days back, he wrote a letter of appreciation to Governor Bagudu for playing an extraordinary role in ensuring the successful conduct of the convention.
In the letter, the President said he was pleased to see how Bagudu, who also served as chairman of the Presidential Convention Planning Committee, handled his brief professionally and efficiently. The President said, “Your commitment in pursuit of equity and fairness speaks volumes in the cooperation displayed by APC governors. This indeed demonstrates the camaraderie that brought us together over eight years ago. The party primaries were peacefully conducted and the delegates selected the candidate to carry the APC flag in the 2023 presidential poll. Today, as a patriotic APC member and stakeholder, I trust that you will come together to work with our candidate to win the 2023 elections.”
Indeed, without the timely and proactive intervention of Governor Bagudu and the Northern governors, Nigerians would probably be doing a post-mortem of the APC by now. That did not happen and a grateful President Muhammadu Buhari has shown his profound appreciation.
Bagudu displayed loyalty and leadership, integrity, and capacity when it mattered most. He was a calming influence in the deluge of tempests and maelstroms that preceded the convention. Thus, as the search for the APC’s vice presidential nominee intensifies in the days ahead, it is only advisable that Bagudu, from the north-western state of Kebbi, is strongly considered.
Bagudu comes well-acquitted for the job and he is one person that can deliver a sure-fire boost to APC’s chances. He is in his second term as Governor of Kebbi State. A former senator, he has legislative and executive experiences and can galvanise Nigerian youths with his smooth-talking and catholic candour. A thoroughbred personality, Bagudu has a Master’s degree in Economics from the University of Jos and a Master of Art from Columbia University, U.S.A.
Like his prospective principal, Bagudu is a liberal-minded Moslem. Blessed with the gravitas and temperament of an accustomed leader, there is no scintilla of doubt that when called upon, Bagudu can easily step into his principal’s shoes and run the nation adroitly.
The final decision will likely come down to Tinubu’s rapport with the vice-presidential candidate. And that is where Bagudu also trumps all; their track records as legislators and chief executives of a state; and backgrounds in finance and economics. They would seamlessly complement each other and deliver a Nigeria that works for all.

Teju Ajayi is a Practicing Architect and Public affairs analyst.

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Ifechukwude Okonjo: Man convicted of theft in US emerges traditional ruler in Nigeria

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When Ifechukwude Okonjo emerged as the Obi of Ogwashi-Uku in Delta State in September 2019, there was no indication that he had been convicted of a crime in the US.

Ogwa-Uku is a community in Anaocha South Local Government Area of Delta State, Nigeria’s South-South.

Mr Okonjo succeeded his father, Chukuka Okonjo, a professor whose death was announced on 13 September 2019.

Findings by PREMIUM TIMES showed that he was crowned days after the death of his father.

Chukuka Okonjo the traditional ruler

Conviction in the US

According to court documents obtained by PREMIUM TIMES, Mr Okonjo was convicted of theft in April 1997 at the Circuit Court for Montgomery County, State of Maryland, in the US.

The court documents showed that his younger brother, Onyema Okonjo, was also convicted of a similar offence on 23 January 1998.

Charges, arraignment and trial

Mr Okonjo was first criminally indicted on 20 April 1995 and summoned to appear before a judge the following day.

After initially failing to make his appearance on 12 August 1995, he finally showed up at the court on 14 July of this same year.

He was initially charged with theft and conspiracy to commit the crime with his younger brother, Onyema.

Specifically, the first count charge indicated that Mr Okonjo stole “assorted computers and computer peripheral equipment, the property of Digital Equipment Corporation, having the value of $300 or greater” between 23 January 1995 and 24 March 1995 in Montgomery County, Maryland.

According to the court document, the offence violated Article 27, Section 342 of the Annotated Code of Maryland and was against the peace, government, and dignity of the US state.

He was released on bail on “personal recognisance” after paying a $2,500 bail bond.

Then unemployed and single, Mr Okonjo resided with his elder sister, Ngozi Okonjo, at 7004 West Greenvale Parkway, Chary Chase, MD 20815, in the US.

Ngozi Okonjo, now popularly known as Ngozi Okonjo-Iweala, has been the director-general of the World Trade Organisation since March 2021.

At the time of the trial, Mr Okonjo was 30 and had lived in the US for nine years. He is now 57.

His brother, Onyema, was criminally indicted by the court on 18 October 1996, and a bench warrant was issued against him the same day.

By then, Onyema was 28 years old and married; he is now 55. He made his first court appearance on 14 November 1997.

His charge indicated that he committed the crime of theft and conspiracy between 28 October 1993 and 24 March 1995 in Montgomery County, Maryland.

According to the court documents, he claimed to be homeless at the time.

Like his brother, Onyema was released on bail on “personal recognisance.”

Mr Okonjo and Onyema were told that the condition of their release was that they should appear in court during sittings or their bail bond would be forfeited.

They were also told that failure to surrender themselves within 30 days after the bail forfeiture might cause them to be further charged, fined and/or imprisoned.

Sentencing

Mr Okonjo and Onyema, after their bail, separately failed to appear before the court on hearing and trial dates, forfeited their bail bonds and also “willfully” failed to surrender themselves within 30 days after the forfeiture, according to the court documents.

One of the documents indicated that Onyema left the US after being granted bail.

The court then separately charged and found Mr Okonjo and Onyema guilty of failing to surrender themselves within 30 days of their bail forfeiture.

Consequently, the court, on 29 April 1997, sentenced Mr Okonjo to six months imprisonment.

For the first count of theft of assorted computers worth $300, the court also sentenced Mr Okonjo to one-year imprisonment beginning from 4 April 1997, when the judgment was delivered.

The court documents did not indicate if the sentences were to run concurrently.

Similarly, the court, on 23 January 1998, sentenced Onyema to 57 days imprisonment.

It is unclear if Mr Okonjo and Onyema served their jail terms in the US or ran back to Nigeria, given that they had jumped bail before their conviction.

Honoured in Nigeria

In 2019, after their father’s death, Mr Okonjo and Onyema joined other princes in the contest for the traditional stool of the Ogwashi-Uku Community.

The community residents were unaware that the duo had been convicted of theft in the US.

After the contest, Mr Okonjo emerged as the community’s traditional ruler and was crowned days later.

He is now the Obi of Ogwashi-Uku, the highest traditional authority in the community.

Petition to the SSS

The conviction of Mr Okonjo and Onyema im the US became public knowledge after some community members obtained certified true copies of the court judgment.

Some members of the community subsequently petitioned the Delta State Government and the State Security Service (SSS) and accused Mr Okonjo of engaging in land grabbing, illegal arms dealings, harassment of indigenes, and formation of armed militia groups, among others.

The petition to the SSS, dated 4 October 2024 and addressed to the SSS director-general, was authored by F.O. Okolie, a law firm, on behalf of some community members.

The community members on whose authority the petition was authored included Chiedu Enwenwa, Hyacinth Okolie, Ellen Adigwe and Bruce Ugo Emordi.

In the petition, the community members claimed that Mr Okonjo, Onyema and others recruited some unnamed gunmen from South-east Nigeria into the community’s vigilante security outfit.

They alleged that the recruited gunmen were being used to forcefully take over people’s landed property and also to commit violent crimes such as kidnapping and murder.

They also claimed that the duo and others were using police operatives to intimidate community members, alleging that the issue had earlier been reported to the police authorities in Nigeria and that no action had been taken.

They expressed fear that, given the current tension, the community was on the verge of being thrown into war and a breakdown of law and order.

The community members, in the petition, appealed to the SSS to investigate all the community vigilante groups and palace guards as well as the alleged kidnap and murder of some indigenes of the community.

They also called for an investigation into Mr Okonjo’s alleged “illegitimate dealings in prohibited firearms” allegedly imported into the community by gunmen.

Palace speaks

On 31 October, a PREMIUM TIMES reporter contacted Ifeakanachukwu Emordi, Mr Okonjo’s palace secretary, to seek to speak with the traditional ruler about the allegations.

After dismissing Mr Okonjo’s conviction for theft as untrue, Mr Emordi promised to get the traditional ruler to speak with our reporter on the phone.

Minutes later, Onyema phoned our reporter and claimed, without evidence, that the petitioners were not representatives of Ogwashi-Uku.

Regarding the allegations of land grabbing, he claimed that all lands in Ogwashi-Uku are held in trust by the traditional ruler in accordance with the community’s traditions and customs.

“That’s our land tenure system. Obi doesn’t have to grab any land that is under his custody,” he said.

He said the SSS should be allowed to investigate the allegation of recruiting gunmen into the community’s vigilante groups and harassment of indigenes.

When quizzed about the conviction of the traditional ruler in the US, he responded, “We are not aware of that.”

Our reporter again requested to speak with the traditional ruler. Onyema promised to inform the traditional ruler and revert. But he did not get back to the reporter.

When contacted again on 6 November, nearly a week after, he claimed Mr Okonjo was busy and not available to speak on the issues.

Onyema said he might get another person to respond before the end of the week if the traditional ruler remained unavailable.

When our reporter informed him that court documents shows that he too was convicted in the US, Onyema retorted, “I can’t speak to all of these issues.”

“We will get back to you to try to clear the air as far as any of these issues are concerned,” he added.

Commission of enquiry

In response to the petition, the Delta State Government set up a commission of enquiry to investigate the allegations against the traditional ruler, particularly on land-related issues.

The commission is expected to begin a public hearing on Thursday and conclude it on 20 November 2024, according to an announcement from the Secretary to the commission, Gabriel Eze-Owenz, a lawyer.

SEE COURT DOCUMENT BELOW

DOCUMENT 1 

DOCUMENT 2

DOCUMENT 3 

 

SOURCE: PREMIUM TIMES

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OANDO WINS ‘DEAL OF THE YEAR’ AWARD AT AFRICA ENERGY WEEK 2024

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Oando Plc, Africa’s leading energy solutions provider listed on the Nigerian Stock Exchange (NGX) and Johannesburg Stock Exchange (JSE) is pleased to announce that the Company has emerged winner of the ‘Deal of the Year’ award at Africa Energy Week (AEW) 2024.

The Africa Energy Chamber (AEC), the organisers of the annual week-long oil and gas conference, hosted and recognised different stakeholders at a Gala and Award night held at the Cape Town International Conference Centre (CITCC), on Tuesday, 5 November, 2024.

In a category comprising other high-profile deals in the sector and across Africa, Oando won the award in recognition of the Company’s recently completed landmark $783 million acquisition of the Nigerian Agip Oil Company (NAOC) from the Italian Energy firm Eni on 22 August, 2024.

This acquisition, 10 years in the making since Oando’s initial entry into the ConocoPhillips/NAOC/NNPC Joint Venture (JV) in 2014 when the Company acquired ConocoPhillips Nigeria business, doubled the company’s stake in the JV to 40% and operator of the assets.

In receiving the award, the Company’s Group Chief Executive, Wale Tinubu, remarked “We are delighted and honoured to receive the ‘Deal of the Year’ award from Africa Energy Week. It’s been a remarkable year on many fronts. First, we marked our 30th anniversary as a business, then concluded our strategic plan to acquire our second IOC in a decade, Nigerian Agip Oil Company (NAOC) and step up to the role of operator.

“This award is more than just an accolade for a successful deal closure; it represents a public acknowledgement of the culmination of 30 years of grit, hard work, resilience, and sheer belief in our vision. It is a testament to my belief that with the #HumansOfOando, impossible is nothing. I’d like to thank the dream team, the #HumansOfOando, our financiers, and partners for their belief and role in making this award a reality.”

The acquisition is the culmination of a decade of preparation, strategic planning, and unwavering commitment to a vision of becoming Africa’s first indigenous International Oil Company.

It is a testament to the organisation’s 30-year journey spanning the entire energy value chain, with consistent and deliberate actions at each stage that have led to the advancement of indigenous participation in the industry.

The Deal of the Year award “recognises the most transformative and impactful deal in the energy sector – honouring excellence in negotiation, strategic alignment, innovation and collaboration – and celebrates deals that drive advancements in energy and economic growth.”

With this year’s AEW theme of “Invest in Africa Energies: Energy Growth Through an Enabling Environment”, the AEC, through the AEW Awards 2024, recognised other persons, International (IOCs) and National Oil Companies (NOCs) across the continent through awards in 10 categories.

 

Tinubu at the event also delivered a key note address with the topic, Transforming Africa’s Oil and Gas landscape through strategic Merger and Acqusition.

During the address he noted that indigenous companies contribute approximately 30% of the country’s crude oil production and hold around 40% of the total oil reserves. Additionally, they account for 60% of the country’s gas production and approximately 32% of gas reserves. This data underscores the growing significance of local players in the African oil and gas sector.

He also highlighted improvements in the business environment, citing the improved Ease of Doing Business driven by recent reforms that have attracted increased investments in energy. Tinubu pointed to the successful Implementation of the Petroleum Industry Act (PIA), which has established a regulatory framework that enhances transparency and boosts investor confidence.

Tinubu’s remarks included a call for enhanced collaboration among policymakers, investors, and oil and gas companies to foster the growth of indigenous firms through supportive regulations, financing access, and technology transfer. He urged stakeholders to focus on leveraging M&As to diversify and expand capabilities within the sector while emphasizing the need to strengthen Africa’s institutional and financing capacity for local firms.

As Oando continues on its growth trajectory, Tinubu’s insights served as a powerful reminder of the strategic importance of indigenous companies in Africa’s energy transformation and the collective effort required to drive sustainable development across the continent.

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AMCON Takes Over Gov. Dapo Abiodun’s Heyden Petroleum Over Alleged Insolvency

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Justice Ambrose Lewis-Allagoa of the Federal High Court, Lagos has granted an interim take-over of Heyden Petroleum Limited, a company owned by the Ogun State Governor, Dapo Abiodun, over alleged insolvency.

Justice Lewis-Allagoa in suit No AMC/67/2024, granted the take-over of the petroleum company by the Asset Management Corporation of Nigeria (AMCON) after hearing the submission of an Ex Parte motion filed through its lawyers, O. T. Ogunba and I. U. Odo of Kunle Ogunba SAN & Associates, who moved the motion with a supporting affidavit and written address.

Innovative Ventures Limited and Optimum Construction & Property Development Company Limited are also affected by the interim order granted on October 29, as prayed by the AMCON’s lawyers

The judge later adjourned the hearing of the substantive suit till November 21, 2024

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