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Over 1,000 APC Members decamp to PDP In Akwa Ibom

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As political parties across the country continue to experience defections, Akwa Ibom State is not left out as more than 1,000 members of the All Progressives Congress (APC) in Oron federal constituency have joined the Peoples Democratic Party (PDP) .

This happened on Wednesday, as the former governor of the state, Senator Godswill Akpabio was joining the APC in Ikot Ekpene senatorial district. Welcoming the defectors, the state PDP chairman, Obong Paul Ekpo, said the exercise was a testimony to the fact that the PDP is the party to beat in 2019 general election in the state. He added that the party is a religion to the people of the state.

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He reminded some of the defectors who were in the party before joining the APC that the tenets of the party which is, matching words with action, was still intact.
He emphasised the party’s abhorrence of violence and intimidation.

Ekpo stressed that the party’s commitment to the provision of good governance as demonstrated by the governor should stimulate all well-meaning Akwa IbomAACkwa Ibom State over the years matched promises with action, as demonstrated in the developmental strides of the Udom Emmanuel administration; so I call on Oro nation to deliver one hundred percent vote to Governor Udom and the PDP in the 2019 elections.”

The party boss thanked the party leaders in the federal constituency for their loyalty and steadfastness, and the defectors for returning to their base having realised their mistakes.

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Earlier, the Oron chapter chairman of PDP, Mr. Murphy Esin, assured the state chairman of the party that the federal constituency would not disappoint the PDP, noting that those that left the party before have learnt from their mistakes and would guide against repeat of such actions.

Meanwhile, the Akwa Ibom State governor, Udom Emmanuel has said that, he was not perturbed by his predecessor’s defection to the APC.

Speaking after solidarity visit by local government chairmen and officials from the 31 council areas of the state, the governor noted that every person was entitled to his fundamental human right of free association.

“The political atmosphere is helping to deepen democratic governance and reinvent the consciousness of the PDP that every member would be proud of,” he said.

He thanked the various groups for the show of solidarity and charged the council leadership to ensure that their subjects collected their PVCs.

“I therefore urge you to reach out and show love among your kith and kin and also sustain your support for PDP which is the only party that has brought development to the state since the inception of democratic governance.”

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Sahara weekly online is published by First Sahara weekly international. contact saharaweekly@yahoo.com

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You’re wicked,$720k for school fees in advance,”U dey take Kogi people play football” -prophet Ikuru

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By Collins Nkwocha

The prophetic Hall of fame, prophet Godwin Ikuru of Jehovah Eye Salvation Ministry, Lagos has reiterated that the former governor of Kogi state, Yaya Bello is a heartless, callous and wicked criminal that shouldn’t be allowed to go unpunished.

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This is coming after the latest revelation that Bello withdrew $720k from the state funds to pay for his child’s school fees in advance by the EFCC chairman.

The handsome prophet who was visibly annoyed with the revelation by the EFCC boss said ” yaya Bello don pocket Kogi people so Tay e dey take them play football, this is wickedness,you have embezzled to the level that you don’t even know what else to use to embezzle anymore that you had to withdrew $720k for your child’s school fees in advance,you should be ashamed of yourself”.

He praised the EFCC chairman for doing a good job and helping the nation to recover her looted resources.He praised the president, Bola Ahmed Tinubu for helping the nation in the fight against corruption.

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Keep your mouth shut, you are the real criminal, you don’t have respect for elders, Prophet Ikuru blasts Yahaya Bello

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By Collins Nkwocha

 

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The prophetic Hall of fame, prophet Godwin Ikuru of Jehovah Eye Salvation Ministry, Lagos  has blasted the former governor of Kogi state, Yaya Bello for evading arrest and making nasty comments about the government and EFCC.

 

The prophet was visibly angry that Bello went into hiding and started attacking the government and EFCC with nasty words.He said “yaya Bello does not have respect for elders,in facts he’s not fit to contest for any political position in Nigeria or hold any political position in Nigeria anymore, he’s a real criminal,yet, he’s still talking, he doesn’t not have respect for elders.Ododo should also be punished for aiding a criminal”

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Bello was declared wanted by EFCC after evading arrest, he’s been on fugitive since then,many people advised him to submit himself for investigations and clarifications.Nigerians are eagerly waiting to see how this saga will end.

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Nigeria Launches New Fiscal Incentives to Revitalise Oil & Gas Sector, Aiming to Attract $10 Billion Investment

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Nigeria Launches New Fiscal Incentives to Revitalise Oil & Gas Sector, Aiming to Attract $10 Billion Investment

Nigeria Launches New Fiscal Incentives to Revitalise Oil & Gas Sector, Aiming to Attract $10 Billion Investment

 

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… as FG endorses consolidated guidelines

 

 

 

 

 

 

 

 

 

Sahara Weekly Reports That Today, in a move to further revitalise the oil and gas industry’s contribution to the Nigerian Economy, Wale Edun, OFR, Minister of Finance and Coordinating Minister of the Economy, presided over a signing ceremony at the Federal Ministry of Finance headquarters in Abuja endorsing the Consolidated Guidelines for the implementation of Fiscal Incentives for the Oil & Gas Sector – a cornerstone of the Presidential Directive aimed at enhancing the Nigerian oil & gas sector’s global competitiveness whilst stimulating economic growth.

 

 

 

 

Nigeria Launches New Fiscal Incentives to Revitalise Oil & Gas Sector, Aiming to Attract $10 Billion Investment

 

 

 

 

 

As disclosed during the signing, the Presidential Directives were developed and coordinated by the Special Adviser to the President on Energy, Mrs. Olu Verheijen to ensure a competitive framework for the Nigerian oil & gas industry. These Consolidated guidelines for the fiscal incentives are based on extensive collaboration across Finance and Petroleum Ministries and involved several key regulatory bodies including the Federal Inland Revenue Service (FIRS), the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), and the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA).

 

According to Mrs. Verheijen, these new measures have been designed to deliver a competitive Internal Rate of Return (IRR) for Oil & Gas Projects and attract over $10 billion in new investments within the next 12-18 months. They also underscore Nigeria’s commitment to reaching its long term oil production target of 4 million barrels per day whilst enhancing the reliability of gas supply for to boost export earnings and fuel Nigeria’s industrialization.

 

Mrs. Verheijen disclosed that among the guidelines signed were the NUPRC Guideline on Hydrocarbon Liquids Content in a Non-Associated Gas (NAG) Field, essential for accurately categorising and quantifying the hydrocarbon liquid content in these fields. Additional guidelines focused on the applicability of tax credits and allowances for Non-Associated Gas Greenfield Development and the Midstream Capital and Gas Utilization Allowance, providing taxpayers with clarity on the computation of these benefits.

 

HM Edun, in his remarks, thanked President Bola Ahmed Tinubu for signing the directive in February 2024 to engender growth in the Nigerian oil and gas sector, which had stagnated for over the last decade. He also emphasised the potential of the guidelines, saying, “The idea is to create an atmosphere conducive to international competitiveness such that investment comes in. And in this case, we know it’s foreign direct investment”.

 

The signing ceremony was attended by various stakeholders, including NNPC Limited, Oil Producers Trade Section (OPTS) and the Independent Petroleum Producers Group (IPPG), further highlighting Nigeria’s unified approach toward reinvigorating its oil and gas sector.

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