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OPEC Saving Global Oil Industry From Chaos- FG

The Federal Government has on Tuesday stated  that the existence of the Organisation of Petroleum Exporting Countries (OPEC) over the past 60 years saved the global oil market from perpetual chaos.

Timipre Sylva, Minister of State Petroleum Resources, made this known in Abuja when he received Gabriel Lima, Equatorial Guinea’s Minister of Mines and Hydrocarbons.

Lima’s visit marked his first official visit to Nigeria in his capacity as the 2023 President of the OPEC and Gas Exporting Countries Forum (GECF) Council of Ministers.

Sylva said that without OPEC existence, many countries would not have been able to develop their oil industry due to stiff competition.

He said the collaboration between OPEC Member Countries enabled the participation of all players, no matter the level of production, which underpinned the importance of OPEC Membership.

He said that OPEC had been spearheading stability of the oil market for the benefit of all, since 1960 when it was established in Baghdad, Iraq, by five founding member countries – Islamic Republic of Iran, Iraq, Kuwait, Saudi Arabia and Venezuela.

“It is remarkable that the current 13 members of OPEC – accounting for about 80 per cent of global proven crude oil reserves, 38 per cent of production, and 48 per cent of exports – include seven African countries – Algeria, Angola, Congo, Equatorial Guinea, Gabon, Libya and Nigeria.

“It is remarkable that Africa is producing the fourth President of OPEC Conference in consecutive years, a demonstration of Africa’s capability to lead and direct global affairs, and to take its rightful place among the comity of nations on global issues.

“Since joining OPEC in July1971, Nigeria has produced six Presidents of the OPEC Conference who presided over 26 OPEC Ministerial Conferences held in several countries.

“Nigeria has also provided four OPEC Secretaries-General, spanning a total of 17 years of managing the affairs of the OPEC Secretariat on behalf of all its Members,” he said.

Sylva, while decrying challenges that currently threaten the oil and gas industry in Africa, especially dwindling investments, said Africa’s energy needs would continue to grow in leaps and bounds over the foreseeable future.

“I implore you, Excellency, to use the opportunity of your Presidency tenure to promote the course of Africa and attract more investments into the oil and gas industry in the continent.

“I am of the opinion that local content should be at the driver’s seat for investments in Africa’s oil and gas industry, for the continent to witness a sustainable development.

“In this context, the on-going move to establish an African Energy Bank is a right move in the right direction,” he added.

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INEC To Conduct Mock Accreditation Of Voters In February 4

The Independent National Electoral Commission (INEC) has announced its plan to carry out mock accreditation of voters on February 4.

The commission said the exercise will take place at 436 polling units across the country.

Mahmood Yakubu, INEC chairman, spoke on Friday at a meeting with the resident electoral commissioners (RECs) at the INEC headquarters, Abuja.

Yakubu said INEC is ready to conduct field tests with actual voters, having delivered and tested the bimodal voter accreditation system (BVAS) machines.

“For this reason, and in readiness for nationwide deployment, the commission is conducting a mock accreditation of voters similar to what was done ahead of the recent Ekiti and Osun State governorship elections,” he said.

“The mock accreditation will hold on Saturday 4th February 2023 in 436 polling units nationwide. Twelve polling units have been designated in each state of the federation and four in the Federal Capital Territory (FCT) on the equality of the country’s 109 Senatorial Districts for the exercise.

“A comprehensive list of the polling units, including their names and PU Code numbers, as well as their distribution by state, senatorial district, local government and registration area (Ward) will be uploaded to the commission’s website shortly.”

Yakubu, therefore, appealed to registered voters in the affected polling units to appear on the scheduled date with their PVCs for the mock exercise.

“Doing so will help to reassure the public of the robustness of our system and to strengthen our processes ahead of the general election,” he said.

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IGP Recommends New Police Commissioners For Lagos, Ogun

The inspector general of police (IGP), Alkali Baba has recommended the redeployment of two commissioners of police.

The affected commissioners are Frank Mba and Idowu Owohunwa.

In a letter dated January 24, 2023, and signed by Hafiz Inuwa, assistant inspector general of police to the Police Service Commission (PSC), they were recommended for posting to Ogun and Lagos states.

While Owohunwa would be replacing Abiodun Alabi in Lagos, Mba is expected to take over from Lanre Bankole in Ogun.

The proposed redeployment comes less than a month before the elections.

Ikechukwu Ani, spokesperson of the PSC, revealed that the IGP made a recommendation on the matter to the commission.

Ani said the commission is expected to consider the recommendation.

“The Inspector-general of police is deploying the under-mentioned commissioners of police to strengthen the strategic and operational control of the commands”, the statement read in part.

Mba, prior to his posting to Ogun, was the commissioner of police in charge of the border patrol force, Force Headquarters, Abuja.

Owohunwa was the principal staff officer of the IGP.

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Tribunal Sacks Adeleke As Osun Governor

An Election Petition Tribunal chaired by Justice Tertse Kume has sacked Ademola Adeleke as Governor of Osun State.

The tribunal sacked Adeleke following claims of overvoting in some polling units across the State.

In the majority judgement issued by two judges against one, the Independent National Electoral Commission (INEC) ordered that the Certificate of Return issued to Adeleke be withdrawn and issued to Adegboyega Oyetola.

The majority judgement which was read by the Chairman, Justice Tertse Kume said Oyetola scored the majority lawful votes of 314,931 against Adeleke’s 219,666.


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