UPDATE: EMBATTLED CANADIAN PM TRUDEAU SAYS HE WILL RESIGN AFTER NEW PARTY LEADER CHOSEN.(VIDEO/PHOTO).

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  Embattled Canadian Prime Minister Trudeau says he will resign after new party leader chosen Justin Trudeau has said he intends to step down after nine years as Canadian prime minister in the face of a mounting set of crises, leaving office once a new ruling party leader is chosen. “I intend to resign as party leader, as prime minister, after the party selects its new leader,” the 53-year-old leader told reporters at a news conference in Ottawa on Monday. “I care deeply about this country and I will always be motivated by what is in the best interests of Canadians. And the fact is, despite best efforts to work through it, parliament has been paralyzed for months after what has been the longest session of a minority parliament in Canadian history,” he said, adding that the country’s parliament will be suspended until March 24 while a new leader is chosen. Trudeau, leader of the Liberal Party for 11 years and prime minister for nine, was facing a mounting set of crises, from Donald ...
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NNPC TURNED DOWN DANGOTE'S $750M TO MANAGE NIGERIA'S REFINERIES- OBASANJO. (PHOTO).

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 NNPC turned down Dangote’s $750m to manage Nigeria’s refineries – Obasanjo


Former President Olusegun Obasanjo has disclosed that the Nigerian National Petroleum Corporation (NNPC) rejected a $750 million offer from billionaire businessman Aliko Dangote.


In an exclusive interview with newsmen, former President Olusegun Obasanjo revealed that in 2007, Dangote offered a staggering $750 million to manage the Port Harcourt and Kaduna refineries.


Obasanjo explained that the Nigerian National Petroleum Corporation (NNPC), now rebranded as NNPCL, rejected the offer due to its inability to operate the refineries effectively.


He said, “Aliko got a team together and they paid $750m to take part in PPP (Public–public-private partnership) in running the refineries.


“My successor refunded their money and I went to my successor and told him what transpired. He said NNPC said they wanted the refineries and they can run it. I now said but you know they cannot run it.


“But I was told not too long ago that since that time, more than $2 billion have been squandered on the refinery, and they still will not work,” he added.

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