The purchase of Exxon Mobil shares in the United States by Seplat Energy Offshore Limited has the approval of President Muhammadu Buhari.
According to a statement released on Monday by Femi Adesina, Special Advisor to the President on Media and Publicity, the President gave his consent in his capacity as Minister of Petroleum Resources and in keeping with the nation’s push for Foreign Direct Investment (FDI) in the energy sector.
Exxon Mobil Corporation, Mobil Development Nigeria Inc., and Mobil Exploration Nigeria Inc., both of which are registered in Delaware, the United States, had entered into a historic Sale and Purchase Agreement with Seplat Energy in order to acquire the entire share capital of Mobil Producing Nigeria Unlimited.
“Considering the extensive benefits of the transaction to the Nigerian Energy sector and the larger economy, President Buhari has given Ministerial Consent to the deal.
“The President, in commitment to investment drive in light of the Petroleum Industry Act, granted consent to the Share Sales Agreement, as requested by the parties to the transaction, and directed that the approval be conveyed to all the parties involved.
“Exxon Mobil/Seplat are expected to carry out operatorship of all the oil mining licenses in the related shallow water assets towards production optimization to support Nigeria’s OPEC quota in the short term as well as ensure accelerated development and monetization of the gas resources in the assets for the Nigerian economy.
“President Buhari also directed that all environmental and abandonment liabilities be adequately mitigated by Exxon Mobil and Seplat,” Adesina said.
Again, Saraki Thugs Vandalise Campaign Posters In Kwara
Thugs loyal to the Kwara State People’s Democratic Party (PDP) have vandalised campaign posters belonging to candidates of the ruling All Progressives Congress (APC) in Ode Alausa, Ilorin, the state capital.
Fidel Info reports that the thugs who went on rampage were said to be sponsored by two PDP chieftains Dr Giwa Lukman and one other simply identified as Alhaji Uthman.
Both of them are loyalists of former Senate President Abubakar Bukola Saraki who is the leader of the party in Kwara.
The thugs razed down all the APC billboards and pounced on passersby and innocent residents, leaving many people with varying degrees of injuries.
Our sources told us that many of the victims are hospitalised after suffering damages to their bodies.
Meanwhile, this is not the first time hooligans loyal to the opposition PDP in the state would be destroying billboards belonging to the APC.
They also orchestrated the destruction of APC billboards in Ubandawaki in Ilorin few months ago.
People have attributed these developments to acceptance of defeat by the opposition who are overwhelmed by the popularity of APC in the state.
They condemned PDP for resorting to violence which they said is a characteristic of their era, urging security agencies to step up their game in containing these notorious elements that want to destabilise the peace and harmony of the state.
Kwara 2023:Scores Join APC In Oke-Ero LG
Hundreds of defectors across opposition parties in Kwara State have joined the ruling All Progressives Congress in Oke-Ero Local Government Area of the state.
Fidel Info Reports That The massive defections happened today on an open field during the local government APC General Ward Meeting in Idofin Igbana community.
The decampees claimed that, what is happening in other political parties are nothing to hold by but Governor AbdulRahman AbdulRazaq’s APC has done so much for them in the local government and in the state at large.
Speaking for the Hausa Community, Mallam Abila Danlami said himself and his people residing in Oke-Ero has never had it so good and has no choice than to join APC and support Governor AbdulRahman AbdulRazaq’s reelection for their personal and general benefits.
Welcoming the decampees into the APC fold, the Commissioner for Finance, Hon. Oyeyemi Olasunbo Florence, said the defectors are from all the 10 wards of the local government having witnessed different developmental projects in their various localities.
The Commissioner who is a daughter of the soil also said several groups were represented such as, Fulani Community, Hausa Community including the plantation farmers from Ado-Ashe, all from Peoples Democratic Party (PDP), Social Democratic Party (SDP) and other opposition parties in the state.
According to the Commissioner, the defectors realized, Mallam AbdulRahman AbdulRazaq has the excellence and has proven the worth, so the people see it as a must to join hands with him and ensure victory of the party from the Presidency down to the House of Assembly levels.
She said all wards in the local government are fully represented to throw weight behind the governor’s reelection bid and charge the environment while showing strong support.
She however thanked the governor for counting the local government worthy of the massive development it has experienced since the beginning of his administration.
Also, the Commissioner for Youth Development, Hon. George Olabode Towoju hailed the governor for the recognition and support he is giving the indigenes and residents of the local government.
Hon. Towoju said there is hardly any ward in the local government that you won’t see at least one political office holder or the other. He revealed that, Oke-Ero is one of the few local governments in the state that produce two commissioners.
He said with the feat, “our people are totally committed to Governor AbdulRahman AbdulRazaq’s project for him to win his reelection come 2023 for the continuity of the good governance Kwarans have always been yearning for.
Some of the achievements of the governor in the local government are as follows;
*Construction of four class rooms at Iloffa Grammar School with three offices.
*Construction of 3 blocks of classroom with two offices at St Pete Primary School, Iloffa.
*ICT Centre at St. John Primary School Iloffa.
*Construction of 3 classrooms at Jamat Primary School Iloffa.
*Reconstruction and rehabilitation of Oko – Idofin Igbana Road to Odo-Ashe ongoing
*Reconstruction and rehabilitation of blocks 10 classroom at St. Paul Primary School, Idofin-Igbana Ward l
*Reconstruction and rehabilitation of blocks of 4 classrooms at Idofin High School, Idofin Ward II
*Rehabilitation and refurbishment of Model Health Centres at Omi-Egun Road, Idofin Ward II.
*Construction of Oko – Idofin Igbana – Odo Ashe Road.
*Construction of Omi Ayin Bridge along Idofin Ayekale Road.
Building of two blocks of classroom at United Primary School, Ekan and rehabilitation of Obaji Comprehensive Secondary School, Ekan.
Building of six blocks of class room in Odo Ashe.
Construction of two new classrooms and renovation of another 4 classrooms with furniture at Muslim Primary School, Ayedun.
Construction of two blocks of classroom at Imode/Egosi Ward and many more projects yet to be captured.
Kwara Govt Begins E-Payment Of Bursary To Students
Sequel to the 100 percent Bursary increment of kwara State Students of Tertiary institutions accross the Country, the State Government has Commenced disbursement of Bursary through the Online platform that has been made available to the Students of Tertiary institutions.
Fidel Info reports that The Commissioner for Tertiary Education Dr Alabi Afees Abolore disclosed this development during an inauguration ceremony and launching of the 5th edition of ACME magazine by the National Association of the Nigerian Students (Joint Campus Council (JCC) Kwara State Axis held during the week at the College of Nursing Ilorin Auditorium.
Dr Alabi during his keynote address reeled some of the achievements of the Kwara State Government under the administration of Mallam AbduRahman Abdulrazaq and further encouraged students not to be allowed for cheap political gains by selfish individuals or group of people. The Honourable Commissioner advised them to take their academic pursuit as top priority and that they should shun all forms of social violence amongst others.
Dr Abolore added that the Administration of Mallam Abdulraman Abdulrasaq is committed towards Students welfare and would ensure that Kwara Students welfarism are taken very seriously
Dr Abolore urged the beneficiary (Students) to put the bursary payments to good use and expressed his heartfelt appreciation to the Executive Governor of Kwara State AbdulRahman keeping to his campaign promises in all areas of sectors including Basic and Tertiary Education.
The Kwara State Students affirmed and endorsed the working Governor Mall. Abdulrahman Abdulrazaq for second term having been convinced of the developmental and prosperity agenda of His Excellency Mallam Abdulrahman AbdulRazaq for great people of Kwara. They prayed that may Almighty God make it easy for him. Amen
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