PANIC AS OYO DEMOLISHES SHOP IN POPULAR IBADAN MARKET. (PHOTO).

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 Panic as Oyo demolishes shop in popular Ibadan market Panic gripped residents and traders of the popular Ojoo market in the Akinyele Local Government Area of Oyo State as the government demolished scores of shops and kiosks in the area, on Thursday. The PUNCH gathered that the Ministry of Lands, Housing and Urban Development had served the traders quit notice a long time ago but they refused to move out of the market. The Chairman of the market,  Muhdeen Ganiyu, fondly called Elewedu, however, told our correspondent that the quit notice was too short but the executive members of all the affected markers would meet after the demolition exercise. “The quit notice was too short. All executive members of all the affected markers will soon meet. So, I cannot say anything for now,” he stated. When contacted, the Commissioner for Lands, Housing and Urban Development, Williams Akin-Funmilayo,  confirmed the ongoing demolition exercise. He said, “The State Governor, Seyi Makinde, had gone ther
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PDP RAISES ALARM OVER PLOT TO FRITTER N1.7T THROUGH HAZY NNPC DEAL.{PHOTOS}.#PRESS RELEASE

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June 1, 2021
Press Statement
PDP Raises Alarm Over Plot to Fritter N1.7t Through Hazy NNPC Deal
The Peoples Democratic Party (PDP) is alarmed by alleged plans by fraudulent officials in the All Progressives Congress (APC)-led administration to divert over N1.7 trillion, ($3.9 billion) to their personal purses, under the guise of acquiring 20% shares in the $19. 5 billion refinery being built by Dangote Group.
Our party is worried over the opaque and nebulous deal being pushed by fraudulent officials of the Nigeria National Petroleum Corporation (NNPC), which not only allows corrupt persons in the government to divert the funds, but also entangles and smears the unsuspecting firm with corruption
While the PDP has nothing against any genuine and honest incentives for private refineries or any moves to divest our economic interest in the private sector, the party insists that such must not be used as a ruse to siphon funds from the national treasury.
Moreover, is it not an absurdity for a government, which cannot fix our refineries, to be planning to spend such huge amount of money in a venture that it would be a minority stakeholder, if not in the pursuit of sleazy deals by corrupt officials?
This is more so as the payment arrangement involving crude barter has remained hazy, underhanded and lacking in the required transparency in evaluation, cost, and exchange terms.
Our party therefore demands that the Federal Government immediately halt this nebulous process. The transaction must be made completely open, in terms of conditions for crude barter, signatories, duration, equity sharing and signatories, among other conditions.
The PDP also urges the Dangote Group and other concerned investing firms to be wary of going into any kind of deals with corrupt officials of the APC administration.
Our party charges the National Assembly to protect the nation by summoning the management of the NNPC and immediately commence a holistic investigation into this deal.

The PDP insists that any process involving the divesting of our nation economic interest by the government must be made open, transparent and not allowed to become a conduit pipe for treasury-looting officials in the APC administration.
Signed:
Kola Ologbondiyan
National Publicity Secretary
May be an image of text that says "APC"

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