EL-RUFAI TO REMAIN IN CUSTODY AS COURT ADJOURNS BAIL APPLICATION TO APRIL 14.(PHOTO).

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 El-Rufai to remain in custody as court adjourns bail application to April 14 Justice Rilwanu Aikawa of a Federal High Court in Kaduna has adjourned the hearing of the bail application filed by former Kaduna State governor, Nasir Ahmad El-Rufai, to April 14th. The bail application of the former governor came up before the court today. April 1. The court adjourned the case after listening to arguments from both the defence and prosecution  El-Rufai was arraigned by the Independent Corrupt Practices and Other Related Offences Commission (ICPC) on a 10-count charge bordering on alleged conversion of public property and money laundering. He pleaded not guilty to all the charges. The court ordered that he remain in ICPC custody pending the hearing of his bail application on the fixed date. The former governor arrived at the court premises around 9:00 a.m. in a black Hilux vehicle, accompanied by DSS officials.
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EXPLAIN WHY OANDO GOT ACCELERATED APPROVAK IN AGIP/ENI PURCHASE- ATIKU TELLS TINUBU. (PHOTO).

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 Explain why Oando got accelerated approval in AGIP/ENI purchase – Atiku tells Tinubu


Former Vice President of Nigeria, Atiku Abubakar has asked the Nigerian government to explain why Oando Plc, owned by President Bola Tinubu’s nephew, got accelerated approval to buy the onshore assets of AGIP and ENI while other transactions such as the Shell/Renaissance deal and the Mobil/Seplat continue to suffer delays.


Atiku also accused the government of giving Oando undue preferential treatment in the oil and gas sector to the detriment of more competent investors.


The former Vice President in a release signed by his Special Assistant on Public Communication, Phrank Shaibu, slammed Tinubu’s administration for implementing a sham subsidy regime.


The 2023 Presidential candidate of the Peoples Democratic Party, PDP, knocked the House of Representatives for failing to take proper action on the Nigerian National Petroleum Company Limited, NNPCL, which he said had gone ahead to “mortgage the country’s national oil assets to vested interests”.


Atiku continued, “Within just eight months, the Nigerian Upstream Production Regulatory Commission, NUPRC, approved a deal which saw the divestment of ENI/AGIP onshore assets to Oando. Within that same period, Nigeria controversially withdrew all litigation against Shell/ENI in the OPL 245 scandal in what has been described as a quid pro quo.


“Ideally, democracy ought to be the government of the people, for the people, and by the people. But democracy in Nigeria has become the government of Tinubu, by Tinubu, and for Tinubu and his family members.”


Atiku added, “In July 2023, the House of Representatives, following the adoption of a motion moved by Miriam Onuoha directed NNPC Ltd to suspend the acquisition of OVH assets pending an investigation by its committee.


“The House ad-hoc committee requested the NNPC Ltd to furnish it with information about registration documents/history from CAC for OVH, Nueoil, and NNPC Retail Limited (NRL), Board Resolution of NNPC Ltd on purchase of OVH, Audited Financial Statement and Management Accounts from 2015 to date of OVH, Nueoil, NRL and NNPC Ltd and the payroll from 2015 to date for NRL and OVH; Board Resolution of NRL/CHQ for movement of head office to Lagos and evidence of Tax Payments for NRL and OVH from 2015 to date.


“The NNPC ignored all these and went ahead to transfer its ownership and properties in its retail arm to OVH, thereby mortgaging the future of Nigerians”.

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