Battle to change political fortune

Ogun West: On a date with history Ogun West and the battle for Amosun’s seat In the 41 years existence of Ogun State, only two out of the three senatorial districts in the state have produced governors between themselves. In this report, WALE ELEGBEDE writes on the renewed vigour and resilience of Ogun West senatorial district to break the jinx in 2019 “In the interest of justice and fairness, Ogun West Senatorial district should be given the slot to produce the next governor of the state. If Ijebu and Egba…

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NSA probes N15bn recovery

The National Security Adviser (NSA), Major General Mohammed Monguno (rtd), has begun an investigation into the recovery of about N15 billion by the Economic and Financial Crimes Commission (EFCC). This is as President Muhammadu Buhari has directed the Attorney General of the Federation (AGF) and Minister of Justice, Abubakar Malami (SAN), to submit a report on the recovery. The EFCC had, last week Wednesday, recovered $43.4 million, £27,800 and N23.2 million totalling about N15 billion from a private apartment at the Osborne Towers in Ikoyi, Lagos. New Telegraph was informed…

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Malabu probe: Reps backpedal on Jonathan’s invitation

Barely a week after the House of Representatives’ ad hoc committee investigating allegations of corruption, malpractices, and breach of due process in the award of oil prospecting licence (OPL 245) better known as Malabu oil scandal, said it planned to invite former President Goodluck Jonathan, there are indications that the committee will no longer insist on the appearance of the former leader. New Telegraph reliably gathered that the ad hoc committee, led by Hon. Razaq Atunwa (APC, Kwara) may have considered the implications of the invitation of the former president…

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Eight die, 24 injured in Lagos, Ogun

Eight people lost their lives yesterday while about 19 others were injured in auto crashes in Lagos and Ogun states. Five people were burnt to death yesterday while five others were injured at the popular Barracks Bus Stop, Surulere when a Volkswagen commercial bus known as Danfo caught fire while descending from the popular National Stadium Bridge on Funsho Williams Avenue. Pedestrians and other sympathisers could hold back tears watching the gory scene of the mangled and burnt bodies of the victims which littered the road. A child, three women…

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Fuel theft: Senate calls for major shake-up in NNPC

The Senate has advised the Nigerian National Petroleum Corporation (NNPC) to go beyond the sacking and redeployment of a few officials involved in fuel theft and other sharp practices in the industry. The upper legislative chamber gave the advice in a statement issued yesterday in Abuja by its spokesman and chairman, Senate Committee on Media and Public Affairs, Aliyu Sabi. The Senate tasked the NNPC to initiate a comprehensive restructuring of its operations which currently allowed officials and other firms to appropriate national resources for their personal use, thereby contributing…

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Local oil firms walking a tight rope

Indigenous firms are the worst-hit by myriads of challenges bedeviling the oil and gas industry. ADEOLA YUSUF reports on how many of them are running into bankruptcy     Aiteo, an indigenous oil firm, made the headlines penultimate week; basking in the euphoria of its new status as the biggest Nigerian- owned oil firm in terms of production, hitherto known by many as the petroleum product trading firm, it announced the production of the largest share of the 313,602 barrels per day output from indigenous companies. The firm’s management cannot…

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