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Olubadan: Ibadan elders wade in on Ladoja, kingmakers feud

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OLUBADAN

 

As part of the efforts to break the deadlock between Otun Olubadan, High Chief Rashidi Ladoja and other kingmakers over nomination of the new Olubadan, prominent Ibadan indigenes have brokered peace between the two feuding parties.

 

According to reports,  the meeting of the elders was convened by a cleric, Primate Ola Makinde of Methodist Church, was attended by some members of the Central Council of Ibadan Indigenes, CCII, Ibadan Elders Forum and Mogajis.

 

 

Recall that Otun Olubadan who is a former Governor of Oyo State and other nine members of Olubadan in Council are slugging it out over the nomination of the new Olubadan.

 

The cold war is responsible for the inability of the Olubadan in Council to nominate the next Olubadan.

 

Oba Owolabi Olakulehin who is the possible Olubadan designate is indisposed and kingmakers are bent on seeing him physically before his nomination.

 

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A meeting which High Chief Ladoja convened the penultimate week was boycotted by other members of the council meaning it was only Senator Ladoja that was in the meeting.

 

A meeting had earlier been held on Monday by the kingmakers who boycotted the Mapo Hall meeting.

Recall that earlier, nine members of Olubadan in Council including Ekerin Olubadan, Hamidu Ajibade, Otun Balogun, Tajudeen Ajibola, Osi Olubadan, Eddy Oyewole, Ashipa Olubadan, Abiodun Kola-Daisi, Ekarun Olubadan, Adebayo Akande; Osi Balogun, Lateef Adebimpe and others did not attend the meeting.

 

It was further gathered that the reconciliation meeting which was held on Wednesday in the residence of Chief Bode Amao was a success.

 

After the meeting, it was concluded that the Olubadan in Council should convene another meeting which will hold on or before Friday.

 

According to the source who said he wasn’t detailed to speak with newsmen said, “This is Ibadan. We know how we settle our differences. It’s a family issue and we shall solve it the family way.

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“At the Wednesday’s meeting, the elders appealed to both sides to think of the consequences of their actions on the ever peaceful Ibadan ascendancy system and it is not good that the orderly arrangements of the chieftaincy system.”

 

“We are hoping that very soon another meeting will be convened by Otun Olubadan with all the members of the council present.”

 

“The elders pleaded with High Chief Ladoja to allow peace to reign and not be offended for the boycott of the meeting he tried to convene.”

 

 

 

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Kaduna refinery to resume 60% production capacity December — NNPCL

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The Management of the Nigerian National Petroleum Company Limited (NNPCL) says the rehabilitation of the Kaduna Refining and Petrochemicals Company (KRPC) will be completed by the end of 2024 after years of being shut down due to lack of maintenance.

The Managing Director of KRPC, Mustafa Sugungun, disclosed this on Monday during an oversight visit to the refinery by members of the Senate Adhoc Committee on Petroleum Downstream led by Senator Ifeanyi Ubah.

 

He explained that the 110,000-barrel-per-day refinery will start producing at 60 percent capacity by the end of the year, while full production will take place subsequently.

The KRPC boss explained that the rehabilitation work, which is presently at 40 percent, is expected to be completed within the stipulated time frame

He said, “Our rehabilitation is going on well and steadily according to the plan we have. We are planning to bring this plant to 60 percent nominal capacity by December 31st, 2024.

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“Currently, we are heading towards 40 percent of rehabilitation. We remain committed to bringing back the plant at least 60 percent of our nominal capacity.

“The overall capacity of Kaduna Refinery is 110, 000 barels per day, but we are starting with only 60 percent of that. And in less than one year, we will attain the 110,000 capacity.

 

“So this initial plant operation is for 60 percent Nigerian crude and 50, 000 barrels of imported crude. Imported crude is mainly for lubricants and other petrochemical aspect of it.”

 

On his part, Senator Ubah said that the oversight visit was part of the collaborative effort of the President Bola Tinubu and the National Assembly to ensure that all the nation’s refineries are brought back to life, and consequently enable the country to end the importation of petroleum products.

 

The Kaduna refinery was established in 1980 to supply petroleum products to Nigeria’s Northern region, with a capacity of producing 110,000 barrels per day of crude oil.

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For many years, the Kaduna refinery, just like it’s counterparts in Portharcourt and Warri, has been out of production, leaving the country to rely heavily on imported petroleum products.

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Petrol scarcity: Queues will end Wednesday, says NNPC

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The Nigerian National Petroleum Company (NNPC) Limited says the ongoing shortfall in supply of petroleum products and queues for the products will be cleared out by April 31.

Femi Soneye, NNPC’s spokesperson, said this on Tuesday in Lagos.

Soneye said the company currently has more than 1.5 billion litres of product available, enough to last for at least 30 days.

However, he said some individuals might be exploiting the situation to maximise profit.

 

“Unfortunately, we experienced a three-day disruption in distribution due to logistical issues, which has since been resolved,” he said.

“However, as you know, overcoming such disruptions typically requires double the amount of time to return to normal operations.

“Some folks are taking advantage of this situation to maximize profits.

 

“Thankfully, product scarcity has been minimal lately, but these folks might be exploiting the situation for unwarranted gain.

“The lines will be cleared out between today and tomorrow.”

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Petrol queues resurfaced in filling stations amid a scarcity of the commodity, leading to an increase in transport costs.

On April 25, the NNPC attributed the situation to logistics issues, assuring Nigerians that “they have been resolved”.

However, on April 29, the Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) said it does not have access to petroleum products.

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Good morning! Here Are Some Major News Headlines In The Newspapers Today: FG requires $10bn yearly, to revive power sector – Minister

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1. Minister of Power, Adebayo Adelabu, has said $10 billion is needed yearly for the next ten years to revive the nation’s power sector and nip in the bud the challenges bedeviling it. The minister said this when he appeared before the Senate Committee on Power for investigative hearing over the recent electricity tariff hike by the Nigerian Electricity Regulatory Commission, NERC.

 

2. Former Super Eagles winger, Finidi George, has been named senior men’s national team’s new head coach by the Nigeria Football Federation, NFF. The 52-year-old former Real Betis and Ajax Amsterdam attacker was given the reins after the NFF Board approved the suggestion of its Technical and Development Committee, according to a statement released on Monday, April 29.

 

3. Justice Emeka Nwite of the Federal High Court in Abuja has issued an interim order empowering the Economic and Financial Crimes Commission, EFCC, to freeze about 1,146 bank accounts belonging to individuals and companies. The EFCC claimed it was investigating the affected accounts over allegations of unauthorised dealing in foreign exchange, money laundering and terrorism financing.

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4. The Joint Admissions and Matriculation Board, JAMB, has released the 2024 Unified Tertiary Matriculation Examination, UTME, results. The examination, which began on Friday, April 19, ended today, Monday, April 29.

 

5. Some supporters of the All Progressives Congress, APC, stormed the Secretariat of the ruling party in Abuja on Monday to register their displeasure with those allegedly plotting anarchy in the party. The protesters alleged that some external forces were behind the recent purported suspension of the National Chairman of the party, Abdullahi Ganduje.

 

6. A High Court in Kano State, on Monday, fixed May 16, 2024, for ruling on whether the court will allow service through substituted means to respondents in the case between the Kano State government and former governor, Abdullahi Ganduje and eight others. Ganduje, his wife, Hafsat and son, Umar and five others are defendants in the suit.

7. National Chairman of the ruling All Progressives Congress, APC, Dr Abdullahi Umar Ganduje, has described the New Nigeria Peoples Party, NNPP, as a party of failed politicians. Speaking while addressing a coalition of support groups who were at the APC national secretariat on a solidarity visit, he alleged that NNPP leaders were sponsoring protest as part of efforts to remove him as APC helmsman.

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8. A Competition and Consumer Protection Tribunal, CCPT, sitting in Abuja, on Monday, restrained MultiChoice Nigeria Limited from increasing its tariffs and cost of products and services scheduled to begin on May 1.

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