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How Investors In Power Sector Messed Nigeria Up – Senate Committee

Senator Obadara

The Senate Committee on Privatisation has said that most technical partners that bought the country’s power assets did not bring one kobo thereby leading the sector into dismal performance.

The committee also said that the National Council of Privatisation (NCP) under the chairmanship of Vice President Namadi Sambo committed grave errors, including the council’s refusal to sell the power assets in phases.

The Chairman of the committee, Senator Gbenga Obadara disclosed diverse challenges that made stable power supply a mirage after the private investors had bought 60 percent equity shares in the country’s power assets.

But Obadara explained that most technical partners the federal government brought to purchase the power companies “did not bring one kobo. The partners did not bring monies. The partners only brought in their technical knowledge.

“The power investors did not bring one kobo. So, that is the problem we have. Now, they have done the mess. The outgoing government failed to look at the financial capability of the investors that bought the power companies.

“Before the sale of the power investments, I raised objection in the presence of the vice president that the investors did not have financial wherewithal to transform the sector. Even when they open another opportunity of borrowing for them, I objected to it. But the federal government went ahead with it. Has it solved the problem?”

He admitted that fixing power sector is not a thing that will take miracle to happen, but that the country’s power sector would have improved substantially if the vice president had agreed to sell the power assets gradually.

He said he advised the NCP against selling all the power assets at the same time, noting that if the federal government “must privatise the power assets, let it be gradual. The mistakes committed would have been known and corrected if we (had) privatized in phases. That will have been a guide had it been the assets were sold in phases.” [myad]

Manchester City Hammer Queens Park Rangers 6-0

Manchester and Queen

Defending Champions, Manchester City, maintained their uncomfortable second spot behind champions Chelsea on the Premiership table, hitting hapless Queens Park Rangers 6-0 at the Etihad today to stay on 73 points.

Arsenal, who play Swansea on Monday, are third with 70 points, but have two games at hand. [myad]

 

Abike Dabiri Describes Dame Patience Jonathan As Crude In Her Action

 Abike Dabiri

Chairman, House of Representatives Committee on Diaspora Affairs, Mrs. Abike Dabiri-Erewa, has described Nigeria First Lady, Patience Jonathan as “crude” in her actions, adding that she is “an embarrassment to Nigerians and Nigeria.”

Dabiri-Erewa added that the utterances during the recent campaign in the country by Dame Patience Jonathan took away the “poise” associated with the office of the First Lady, stressing that the First Lady remained the “worst.”

Abike was also reacting to a recent statement by the president’s wife where he described General Buhari as a dead-brain, adding: “Mrs. Jonathan is an embarrassment to the whole country. The only people shouting her praise or listening to her are the sycophants; outside them, nobody else does.

“She is crude and unrefined. When you travel out of the country, Nigerians keep asking you how we came this bad.”

Earlier, APC in a statement signed by the APC’s campaign’s Director of Media and Publicity, Mallam Garba Shehu, in Abuja on Wednesday, the party said the President’s wife was insultive. [myad]

 

Dr. Doyin Okupe Says President Jonathan Is Meek But Not Weak

Doyin-Okupe (2)

Senior Special Adviser to the President on Public Affairs, Dr. Doyin Okupe, has said that his boss is meek but does not mean that he is weak even as he said Nigerians misunderstood him
(President Jonathan).
Okupe, who expressed his feeling about the President on his facebook wall, said: “Nigerians misunderstood meekness for weakness, Restraint for lack of strength, reticence for inaction and calmness for indecisiveness.

“President Jonathan has done well and served his country well. He exits office as a great President, perhaps Nigeria’s greatest President for all times. Greater than the best before him. He excelled in achievement, in humility, tranquility and simplicity.

Okupe said that history would judge President Jonathan differently, adding: “he would be remembered as a great man, a good man, humble and humane, purposeful and focused. A great African Hero who fought against all manners of evil and conspiracies, religious, ethnic, national and international, and lost the war, but ultimately, triumphed because of the inherent goodness that God Almighty deposited in hm.”

He recalled that Jonathan said his ambition was not worth the life of any Nigerian, saying that he meant what he said and stood by what he said even to his detriment and millions who believed in him.

The presidential aide urged Nigerians not to weep for Jonathan, adding: “rather weep and pray that our Nation will remain, united and stable; that its people will prosper and that God will guide our incoming leaders.” [myad]

Because I lost Election, So-Called Friends Have Deserted Me, Says President Jonathan

Jonathan

“If you take certain decisions, you should know that people close to you will even abandon you at some point. I tell people that more of my so-called friends will disappear.”

These are the exact words of the outgoing Nigerian President Goodluck Jonathan at a farewell church service in Abuja today, stressing that some of his friends deserted him shortly after he conceded defeat to his rival, General Muhammadu Buhari of All Progressives Congress (APC) in the March 28 election.

According to him: “some hard decisions have their own costs. No doubt about that. It is a very costly decision but I must be very ready to pay for it.”

It is on record that ever since conceding electoral defeat to Buhari, many Peoples Democratic Party (PDP’s) faithful and his erstwhile loyalists have either crossed over to Buhari’s APC camp or made harsh statements against his party or its leaders.

President Jonathan said that he is not surprised by the desertions or statements by his former loyalists, adding that former South African president, Frederik de Klerk faced a similar situation when he decided to abolish minority rule in that country.

Jonathan said that de Klerk’s marriage to his wife, Marike, broke down after he took that decision.

“But that is the only decision that made South Africa to still be a global player. If by this time w still have minority rule in South Africa, nobody would have been talking about South Africa in the present generation,” he said.

He said that ministers who served under him should brace themselves for “persecution” following his loss and his decision to concede defeat. [myad]

Real Madrid Play 2-2 With Valencia, Barcelona win

Madrid and Valencia

Real Madrid may need a miracle to win the Spanish La Liga this season after battling a two-goal deficit to play a 2-2 draw with Valencia at home today.

The draw left Real with a four-point deficit behind league leaders, Barcelona, who opened a five-point lead earlier on on Saturday with a 2-0 home win over Real Sociedad, with two games to play.

Barcelona need a win out of the two games to seal the league title.

Details later… [myad]

Kano Emir, Sanusi, Charges el-Rufai Not To Lose Connection With Kaduna People

Kano Emir with El Rufai

Former Governor of the Central Bank of Nigeria and Emir of Kano, Alhaji Muhammadu Sanusi II, has asked the Kaduna governor-elect, Mallam Nasiru el-Rufai not to lose his connection with Kaduna people whom he set to govern

The emir who led the Kano Emirate Council to congratulate el-Rufai in Kaduna today also charged his long time friend to focus on responsive and dedicated leadership even as he expressed confidence that el-Rufai would not disappoint the people of Kaduna state.

He commended the people for entrusting the leadership of the state in the hands of el-Rufai, saying that they have made the right choice. He described el-Rufai as “competent and capable.”

The spokesman of the governor-elect, Mr. Samuel Aruwan, quoted the Emir in a statement to have commended the people of the state in their choice of el-Rufai, whom he said would take the state to the next level in terms of development.

The ex-CBN governor was also quoted to have called on the people of the state, irrespective of religion, ethnc and political affiliation, to pray and support el-Rufai for peace and even development in the state.

The statement read: “The Emir expressed his confidence that el-Rufai will provide strong leadership good governance and unite the diverse peoples and faith communities of Kaduna State.

“Sanusi further charged el-Rufai to focus on responsive and dedicated leadership and never to lose his connection with the people.

“The Emir, who recalled his decades of friendship with el-Rufai, said he is delighted ‘that Nigerians with such ability and experience are stepping forward to offer themselves for leadership’.

” Sanusi prayed that God would grant el-Rufai a successful tenure and bless the people of Kaduna State.”

In his response, El-Rufai thanked the Kano monarch for his visit  and commended him for redefining the traditional institution.

El-Rufai told the Emir that his administration would not disappoint the people of the state, adding that d he would operate an open door policy and would be ready to listen to the yearnings of the people, irrespective of their religion or ethnic background. [myad]

Buhari Rides In Airport Shuttle Bus Standing

Buhari Rides In Airport Shuttle Bus

Despite his new status, and even as a former Head of State, Nigeria President-elect, General Muhammadu Buhari of All Progressives Congress (APC) displayed an uncommon sense of humility when he joined other passengers in the airport shuttle bus as he made to travel out of Nnamdi Azikiwe International Airport, Abuja, today. That is a sign of the change to come. [myad]

Buhari Looks Forward To Collaborating With Britain’s David Cameron

British Prime Minister, David Cameron
British Prime Minister, David Cameron

Nigeria President-elect, General Muhammadu Buhari, has assured the re-elected British Prime Minister, David Cameron that he would collaborate with him for the good of the two countries and the world.
In a goodwill message he sent to Cameron, congratulating him on his victory in the just concluded elections in his country, General Buhari said that from May 29 when he assumes office, he would find ways of working with the leadership of Britain to better the lot of the citizens of the two countries.
“Nigeria and the Britain have enjoyed good relationships, and we look forward to developing even stronger ties.”
A statement issued from his media office in Abuja today quoted the President-elect as commending Cameron for the role that the British government played before, during and after the Nigerian general elections.
“Britain, the United States of America, the European Union, ECOWAS, African Union and the United Nations played vital roles in ensuring that democratic norms were adhered to during our elections. Their role in the smooth outcome of the just concluded Nigerian elections can never be overemphasized.”
General Buhari emphasised that he looked forward to furthering the “special, warm and friendly relationships” between the government and people of Nigeria and the United Kingdom under the new government of Mr. Cameron.

[myad]

We Founded Oodua Progressives Union To Sustain Yoruba Identity- Gani Adams

Gani Adams OPC

The National Leader of the Oodua Progressives Union (OPU), Otunba Gani Adams has said that the group was founded as a way of sustaining the Yoruba identity.

Speaking at a dinner party in his honour by the Turkey branch of the OPU in Istanbul, Turkey yesterday night, Adams said the OPU was not a self-determination organization, but a socio-cultural organization.

According to him Yoruba people all over the world must have a sense of belonging and identify with their roots all the times even as he advised Yoruba people in the Diaspora to cultivate the attitude of returning home to invest and prepare for their journey back home.

“Come back home and invest. Build houses in Nigeria.You do not know when you will want to seek elective positions back home. Get to know your people at home. Come back home to invest. Contribute to the development of Nigeria.

“Let it not be that it is when you need to seek elective positions that you will run back home and start running helter-skelter. Let your people know you. Things are not as bad as you read out here. Things are moving fast and getting better in Nigeria.Come back home and invest.”

Adams also told the OPU members in Turkey that the OPU back in Nigeria in the last eight years had become a better organized group. OPU is now properly structured.The last eight years has been peaceful and we have made progress.”

Among those who attended the event was the Zaki of Arigidi, Oba Yisa Olanipekun; and the European Coordinator of the OPU, Akogun Banji Ojo.

The Coordinators of OPU from other countries such as Italy, Ireland and Australia were also in attendance at the event, which was used to mark the 45th birthday of Adams.

Popular fuji musician, Abass Akande Obesere, was on the band stand. [myad]

 

 

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