Thursday, 4 May 2017

FG says Buhari will remain at rest until he is ready and fit to work

Buhari...there is just one option
• Osinbajo panel concludes work, submits report Monday
• Stop exploiting president’s health, another northern group warns Yoruba leaders
Omololu Ogunmade in Abuja and John Shiklam in Kaduna
The federal government has said that President Muhammadu Buhari will continue to rest until he has fully recovered and is fit to work based on his doctor’s advice.
Making this remark on Wednesday while briefing journalists at the end of the weekly Federal Executive Council (FEC) meeting in the Presidential Villa, Abuja, the Minister of Information and Culture, Mr. Lai Mohammed, said Buhari was not in the meeting because he chose to rest.
He dismissed inquiries by State House correspondents seeking to know if the president’s health had deteriorated to the extent that he was being fed.
Mohammed whose response to the question was “bunkum”, argued that it was better for the president to rest in compliance with his doctor’s advice, insisting that it was in his interest to get adequate rest until he’s fit to work instead of forcing himself to work.
“The answer to your first question is absolute bunkum. It is absolutely untrue that he is being fed. He was in the office yesterday as you all reported.
“And if the doctors say he should take a rest, because they think he’ll recover faster, then he ought to rest rather than forcing himself to work when he is not fit to work.
“All he’s doing is following the doctor’s advice. Mr. President himself told the nation he had never been this sick and he is going to take it easy. He said it from day one when he came back from the United Kingdom.
“So, whatever is happening today is not any strange development. It is exactly what he said: that he’s been advised to take it easy by his doctors and that he will soon also go back for further treatment.
“So, I don’t think it’s anything that is out of the place from what he said. He has been quite transparent and upfront in the matter concerning his health,” Mohammed said.
Buhari was absent from the weekly cabinet meeting on Wednesday for the record third time, thus raising speculations that his health might have deteriorated.
The president was first absent from the weekly meeting on April 12, with Mohammed saying that he had deliberately stayed away from the meeting because the agenda was light, hence his decision to yield the floor to his deputy, Prof. Yemi Osinbajo, to preside over the day’s meeting.
But the following week, the meeting was completely cancelled. This time, the excuse given was that the Easter break had prevented the staff of the council chamber secretariat from circulating memos for the meeting to ministers.
Again, the president did not show up on April 26, during which Mohammed said Buhari had asked the vice-president to preside over the meeting having informed the council that he would be attending to matters of state from home.
Mohammed on Wednesday also thanked Nigerians whom he said had been concerned and sympathetic about Buhari’s health.
“We want to take this opportunity to thank Nigerians who have expressed a lot of concern and sympathy, and who have been praying for him.
“Like we’ve always said, Mr. President will stick to his doctor’s advice so that he can recover quickly. We thank all of them for their concern. I think it shows how concerned Nigerians are about the health of the president. And all their suggestions are being taken on board,” he added.
Mohammed, however, said the president’s health notwithstanding, the government would mark its second year in office on May 29, claiming that since inception, the government has saved $100 million in foreign exchange and another N60 billion in budgetary provisions.
He also submitted that in the last two years, the government had addressed fundamental issues on the economy, fought insecurity and corruption and placed an emphasis on infrastructure development.
“Not that alone, we have been able to revive 11 food blending plants. Before now, only five blending plants were working at 10 per cent capacity, and we saved about $100 million in foreign exchange and about N60 billion in budgetary provisions.
“In the area of power, we have signed 13 power purchase agreements with 13 solar companies. And that is going to add at least more electricity to the national grid, among others.
“So, we have a good story to tell Nigerians and I think that is what they want to hear,” Mohammed said.
A presidency also informed THISDAY that Buhari’s doctors have counselled the president to rest as much as possible and to avoid any activity that might cause him stress in any shape of form, adding that by resting more often, the president stands a good chance of a making quick and full recovery.
Meanwhile, the presidential committee probing allegations of financial impropriety against the suspended Secretary to the Government of the Federation (SGF), Babachir David Lawal, as well as the claim of ownership of N13.3 billion discovered in an apartment in Ikoyi, Lagos, said on Wednesday that it has concluded its assignment but would only submit its report next Monday.
This disclosure was however in contrast to the submission of the Attorney-General of the Federation (AGF) and Minister of Justice, Abubakar Malami on Tuesday, when he said that the committee would submit its report on Wednesday.
A statement by the vice-president’s media aide, Mr. Laolu Akande, said whereas the committee concluded its assignment on Wednesday, it would submit its report on Monday, May 8.
The committee headed by Osinbajo comprises the AGF and National Security Adviser (NSA), Major-General Babagana Monguno (rtd.).
The statement read: “The three-man Presidential Investigative Committee set up by President Muhammadu Buhari under the chairmanship of Vice-President Yemi Osinbajo (SAN) to inquire into the discovery of foreign and local currencies by the Economic and Financial Crimes Commission (EFCC) at Osborne Towers, Ikoyi, Lagos, and the allegations of due process violations in the award of contracts under the Presidential Initiative on the North East (PINE) is completing its assignment today (yesterday) and is scheduled to present its report to the president on Monday, May 8, 2017.”
Also joining the fray on the president’s health, another group based in the north on Wednesday warned leaders and politicians from the South-west against exploiting the uncertainty arising from Buhari’s health.
The Northern Patriotic Assembly (NPA), in a statement issued in Kaduna, described the statements from prominent Nigerians and some civil society groups, mainly of Yoruba extraction, as “immoral” and “despicable”.
The group’s warning came after a similar one issued by another prominent northern group, the Arewa Consultative Forum (ACF), on Tuesday.
The northern groups were reacting to calls by some prominent Nigerians, including human rights lawyer, Mr. Femi Falana, who had asked the president to proceed on medical vacation in order to cater to his health.
The former National Chairman of the All Progressives Congress (APC), Chief Bisi Akande, had also warned that “some people” in the corridors of power were feasting on Buhari’s health.
Akande added that the uncertainty over his health was taking a toll on the country and expressed fear that Nigeria might be thrown into anarchy.
The former APC chairman had said Nigeria was facing two challenges – the Buhari health challenge and the lack of cohesion between the National Assembly and the presidency, which according to him were “two great red flags that have the potential of plunging the country into unprecedented chaos and destabilising the gains of democracy since 1999”.
But in the statement signed by the President of the NPA, Hon. Idakwo Jibrin, and its Secretary General, Alhaji Adamu Wakil, the group particularly frowned on the statements by Akande and Falana.
NPA further alleged that Akande and Falana’s statements were part of a larger plot to plunge the country into a crisis, bearing in mind that the Yoruba will be the beneficiaries if the president is forced to step down.
According to the group, Buhari’s health has been politicised beyond comprehension by politicians who hide behind the pretext of agitating for what is in the best interest of the country.
It added: “Even more unnerving is a situation whereby people we once held in high esteem as elders, leaders and professionals decided to descend into the mud, using President Buhari’s health as their new object of obsession.
“They have fanatically tried to impose this obsession of theirs on other Nigerians in a desperate bid to cause panic and confusion.
“Sadder still is the fact that these mischief makers are people who pose as President Buhari’s All Progressives Congress (APC) party leaders, associates and friends.
“With this crow of desperadoes Mr. President need not worry about the opposition, the real viper’s nest is in his courtyard.
“They are the ones, who finding no avenue to corner the government to themselves, are now working day and night to use the president’s health as a campaign tool to hijack the government.
“We want Nigerians to specifically call these people to order. They cannot be allowed to run riot with their own mission to the detriment of the rest of us.
“The founding chairman of the APC, Chief Bisi Akande, who spoke from two opposing directions – he urged caution about the way President Buhari’s health is discussed, yet went on to describe it as a challenge to Nigeria.
“This prevarification is unbecoming of an elder statesman of his stature. He should apologise to Nigerians and stop making such unguarded utterances going forward.
“Akande’s role is however that of the ‘Voice of Jacob and the Hand of Esau’ since it is glaring he spoke for the self appointed Yoruba leader, Bola Tinubu, whose protégé is the next in line to benefit if President Buhari can be shoved aside on health grounds.
“This is a reckless abuse of the constitution and open provocation of the masses. We therefore tell Tinubu in clear terms to allow the nation be.
“The same way he could not sell the Muslim-Muslim ticket to hitch a ride as President Buhari’s deputy is the way he would not succeed in the current venture.
“In what has been confirmed that President Buhari’s health is being exploited as a Yoruba plot against the rest of Nigeria, APC affiliated lawyer, Chief Femi Falana, is apparently cobbling together an alliance of lawyers, commercial CSOs and paid activists to cause a crisis.”
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Nigeria Eyes Six Months Extension Exempting it from OPEC Production Cap


Minister of State for Petroleum Resources, Dr. Ibe Kachikwu
• Kachikwu: Zabazaba project to proceed despite Malabu dispute, probe
• Says FID on NLNG Train-7 will be done in 18 months
Chineme Okafor in Houston, Texas
Nigeria will be seeking a six-month extension of the exemption it got from the production freeze agreement reached by the Organisation of Petroleum Exporting Countries (OPEC) and non-OPEC members in December 2016 to shore up oil prices.
The Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, disclosed this on Wednesday at a briefing with journalists in Houston, Texas, venue of the 2017 edition of the annual Offshore Technology Conference (OTC).
He also said he was optimistic that OPEC and non-OPEC members would agree to the freeze extension, in addition to initiating talks with oil producers in the United States and Canada to join OPEC’s attempt to stabilise oil prices.
Thirteen OPEC members and 11 non-OPEC countries led by Russia agreed on November 30, 2016 to reduce their production outputs by about 1.8 million barrels per day (bpd) for six months beginning from January 2017, in an effort to drain the crude oil glut that had depressed prices for over two years.
The two blocs also agreed to allow countries like Nigeria, Iran and Libya, which had experienced repeated disruptions to their production to be exempted from the deal.
With the exemption from the production freeze, Nigeria has seen its production, which dropped to an average of 700,000 barrels per day (bpd) on account of militant attacks in the oil-rich Niger Delta, rise to 2 million barrels per day (mbpd).
But as the expiration of the freeze draws near and with OPEC due to meet on May 24 in Vienna, Austria, to take a decision on whether to extend the deal or not, Kachikwu stated that he had strong convictions that the agreement would be extended and Nigeria also exempted.
His conviction, notwithstanding, the production freeze has also come with recommendations from different quarters for OPEC to extend the deal for another six months from June.
“The indication that I have so far is that there is a willingness to extending that,” said Kachikwu when he was asked about the possibility of the extension happening.
He further stated: “I expect we (Nigeria) will get OPEC exemption, but one year from now, will it be renewed? I am not too sure.”
The minister backed his push for an extension of Nigeria’s exemption from the deal with claims that the country will need a little more time to complete a number of critical export pipelines, some of which he said were nearing completion.
“Over and above extending, we need to continue to engage. We need to find a way to stabilise international oil prices, otherwise everybody will lose out,” he added.
He maintained that producers in the US and Canada would have to come to the table with OPEC and non-OPEC members because at the end of the day a lot of investments are at stake.
Also, he revealed that the federal government, Shell and the Nigerian Agip Exploration Limited (NAE) will go ahead with the $13.5 billion Zabazaba deepwater project located in Oil Prospecting Lease (OPL) 245 despite the controversies and corruption allegations surrounding the oil block.
Kachikwu said that the project will go on as scheduled by the partners, adding that the protracted dispute over the block with Malabu Oil and Gas Limited would not affect it.
According to Kachikwu, his ministry will not flag down the project on account of the dispute, because its continuation had nothing to do with it.
Kachikwu also disclosed that partners in the Nigerian Liquefied Natural Gas (NLNG) Limited are expected to take a Final Investment Decision (FID) on the company’s seventh train, which when completed would lift the capacity of the plant to 30 metric tonnes per annum (mtpa).
The Zabazaba deepwater is a Greenfield offshore project located in the eastern portion of the Niger Delta in water depths ranging from 1,200 to 2,400 metres.
The oil field is believed to hold 9 billion oil reserves, which will make it one of the most prolific fields when it comes on stream.
The minister however stated: “Malabu continues to be a worry, it happened before this administration and it is in court.
“This matter is being handled not just in Nigeria, action is going on in France and some other countries, the facts are there. As a lawyer with years of experience I try not to comment on this.
“There is a difference between recovering the illegal payments and dealing with those claiming to be beneficiaries of the block itself. The Zabazaba and other projects that have been signed on would have to go on.
“That has nothing to do with recovering the money. In recovering the money, we should keep trailing the money and get it.
“One of the things I have said to companies that are involved in this, is that for me once there is a question mark in terms of a transaction you did, we will still look at it, and then you need to come clean to the table.
“My simple reading is that if there is $1 billion that was paid illegally, that is $1 billion the federal government should have gotten if you didn’t do illegal bribe.”
Kachikwu added: “In the next coming months, we are going to be sitting down, different from what the EFCC is doing to say we need to talk because two things will happen without any impact in terms of the project which must continue because these are huge billions of dollars of investments coming to Nigeria, so I am not going to shut that down.”
Pressed for further explanation on this, Kachikwu stated: “The issue of the criminality is outside my realm. My realm is doing two things: make sure the investment goes ahead so we can get returns, and two, get back the $1 billion from wherever they said they have put it and give me back the money so that the federal government can have it back.
“But if in fact, there are question marks, as it is almost becoming apparent from all the data that we see that monies were paid, so we will need to sit down with them.
“For me as a business man, there is $1 billion that is lying out there, paid to the wrong person, so we need to see how we can get that $1 billion and therefore give the IOCs a clean bill of health.”
On the NLNG Train-7, the minister explained that within the next 18 months, partners should sign the FID to enable the project proceed.
He suggested that the government’s recent part-payment of the joint venture cash call debt to the international oil companies (IOCs) would also boost the confidence of NLNG investors to proceed with the FID.
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