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Tinubu’s oily mess, NNPC ’s absurdities and the mendacity of Mele Kyari

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By Ifeanyi Izeze
For God’s sake, the fact that these people are in government or in charge of our public institutions does not mean they love the country more than all of us. And the idea of thinking they always know what they are doing more than the rest of us is what is almost running this country aground with the current mess.
How can you run the most important agency that carries the nation’s entire economy in such arrogant, reckless, and opaque manner?
The vexing arrogance and impunity we are seeing the Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPCL), Mele Kyari, display in running the affairs of the nation’s apex oil concern was birthed “small small”. He experimented this callousness with Buhari and nothing was done to either call him to order or outrightly ease him off. And now he is emboldened to do more heinous things as if Nigeria belongs to him and the evil spirits beating the drum he is dancing to.
The President could not have said this nation is not paying subsidy and then one entity under this federation that does not have powers to run but has been running as if it’s a government would come and tell us that we have been buying the fuel and augmenting shortfalls in cost even though they don’t want to use the word ‘subsidy.’ So who is in charge of our government – the President or Mele Kyari, the NNPCL Chief Executive Officer?
It was still this Kyari’s tenure in the NNPC during the immediate past administration that we first heard in this country that Nigeria did not make a dime selling over 1.5 million barrels per day of its crude oil, condensate etc.  This was not once, it was not one month, it was not three months and nothing happened. The whole nation moved on as if that was the normal thing to do. How do you explain that? And Kyari usually had the temerity to tell the sitting President and the Council of State that there was no single Kobo to pay into the Federation Account for the states to share and dumbishly, all of them accepted such explanations as if they were under a spell.
Now under Tinubu’s government he has even been more emboldened obviously because he must have been part of the president’s election campaign funding using whose money – NNPC’s money, our money!
This is the same person who has been going to raise billions of dollars from foreign credit agencies in exchange for produced and yet-to-be produced nation’s share of the joint venture crude oil, as he said “to defend or rather stabilise the Naira.” Is it the business of NNPC to go abroad and borrow money for Nigeria to stabilise the Naira/economy or that of the CBN? Absurdities everywhere and those who know and should ask questions have all gone deaf and dumb. The judgement/punishment of Almighty God is real and ‘God case, no appeal’!
Whether anybody wants to hear this or not, as said in one of my analysis in 2023, this same Mele Kyari actually engineered the current ‘owigiri’ dance in prices of food items and almost every other commodity in the market particularly our domestic fuel pricing template following Tinubu’s reckless pronouncement at the Eagle Square during his inauguration. Immediately the President made his ‘kai kai’ pronouncement that “subsidy is gone and gone forever”, the NNPC man came out to contend that the new president has no right to just stop subsidy payment without consulting him to know what’s on ground on the issue.
As if that was not enough, also without consulting the president, NNPC jacked up the price of petrol overnight from N195 to N557 per litre and that was how this journey of ever-increasing prices started. Now we are at N897 per litre only at NNPC/OVH retail outlets. Elsewhere, a litre sells for between N950-N1, 300 in and around Abuja.
Buhari’s two tenures (2015-2023) saw petrol price move from N87 to N195 per litre (124% increase).
Tinubu’s slightly over one year in office has already seen the NNPC move petrol price from N195 (2023) through N557 (2023) to N617 (2023) and now N897 (2024).
“Subsidy is Gone” snowballed into ‘no dime’ to pay into the Federation Account for the states to share in addition to an outstanding debt/bill of over $6.8 billion. Haba!
The question is: Whose interest(s) is Kyari protecting?
Saudi Aramco is the NNPC of the Kingdom of Saudi Arabia. Now close your eyes and imagine that Saudi Aramco lied to the people of Saudi Arabia. Not once, but four times. “Lie to Nigerians” was what the NNPCL have done.
The NNPCL told Nigerians that they raked in N3 trillion in profits. Guess what? International oil traders are refusing to discharge PMS, until they are paid the $6.8 billion owed to them by the same national oil company.
The initial denial of debt by the NNPC is a clear indication of an attempt to cover up and deceive the Nigerian people. It is unacceptable for a state-owned corporation to engage in such blatant deception, and Mele Kyari must be held accountable for this betrayal of public trust.
This man has to tell us where he derived the power to on his own appropriate our monies. On his own, he goes ahead to spend money without appropriation and comes back to tell us he used the money to make up for cost ‘under-recovery’. Haba, bros! Who authorized you to do that and the monies you are spending, was it appropriated because it’s our collective national wealth? Even if you claim to be a private liability company, you are sitting down there on behalf of the Nigerian government and the Nigerian people.
How can a limited liability company (NNPCL) run our nation at its whims and caprices as if there’s no government in place? The main resource of the nation’s foreign exchange earnings is oil. How do you explain that this resource is being managed anyhow by this so-called private company without the control of state agencies?
Is NNPC, whether privatised or not, running our own national assets – crude oil, natural gas, LNG, etc – on its own whims and caprices? And is it spending the monies it makes from our resources on its own whims and caprices? Where do they derive the authourity to do so?
How come they told us there was no subsidy and now coming out to tell us that not only had there been subsidy but that they are owing to the tune of over $6 billion and the only solution they have is to jack up the fuel price to almost N897 per litre? Is this not outright provocation of the Nigerian masses?
The Presidency says they do not know anything about this and that Nigerians should ask NNPC. Can you imagine what the President who is also Nigeria’s Minister of Petroleum is saying about the daylight callousness and fraud in a ministry he superintends? It’s inexplicable that the President has the temerity to be telling us that NNPC has been spending that much money. The question is: on whose authourity and by whose approval? The President himself has some explaining to do to us on the recklessness of this NNPC chief executive officer.
It’s very unfortunate that the NNPC has been allowed to grow to this monster that believes it can do whatever it likes while the country and its economy continue to suffer unnecessarily.
Shouldn’t any reasonable National Assembly representing the voices of the people be calling Mele Kyari, and everybody involved in this heist with impunity, to question them and answer to Nigerians on these issues of impunity and sleaze in our oil business? Actually a serious National Assembly should be calling the President who doubles as Minister of Petroleum to come and answer charges. Appropriation is a very serious issue and no individual has the right/power to go spending humongous amounts of monies that were not appropriated.
The NNPC guys that speak from all angles of their mouths came out of the meeting last week with the Vice President Shetima to say that Dangote’s fuel price will depend on Naira exchange rate. “Foreign exchange (forex) illiquidity has been a significant factor influencing the fluctuation in prices of Premium Motor Spirit (PMS), which are governed by unrestricted free market forces, as provided for in the Petroleum Industry Act (PIA), 2021.”
As said by the company/corporation, “The market has been deregulated, meaning that petrol prices are now determined by market forces rather than by the government or NNPC Ltd. Additionally, the exchange rate plays a significant role in influencing these prices.”
And this free-market forces are solely determined by NNPCL reason they did wake up in the middle of the night to adjust the price of PMS from N617 per litre to N897 per litre?
So as ‘Naira no get standing, sitting, or squatting rate – N1500 today, N1650 tomorrow, petrol price will now join it in this acrobatic gwo gwo gwo ngwo dance, right? What they are saying in other words is that, on some days it could be N900 on others it could be N1500 or more. Is that how they run a productive economy?
In all these back and forth, what is the President’s position? Unknown exactly! The silence of the President who is also the substantive Minister of Petroleum is just not only too golden, it smells more of complicity in the rubbish by the NNPCL since the inception of this administration.
Izeze writes from Abuja and can be reached via iizeze@yahoo.com or +234 (0) 803 304 3009

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Jonathan to Atiku: I don’t play God *I still achieved, though imperfect

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From Goodluck Jonathan, Nigeria’s former  President, came a mild rebuke to Atiku Abubakar, former Vice President, who in assessing the quality of his six-year tenure as Nigerian leader, all but dismissed him as “inexperienced.”

Atiku, a guest of Prime Time, a public affairs programme on ARISE NEWS Television, last week, told his host that Jonathan was inexperienced, saying his tenure was marked by notable missteps.

“I know Goodluck Jonathan very well. He is a decent young man, but also inexperienced, and I believe that contributed to his inability to manage the affairs of the country, particularly when he was faced with challenges,” Atiku, currently chasing the number one job the former President exited in 2015 for the seventh time, said.

But in a measured riposte at the 2025 Association of Retired Career Ambassadors of Nigeria awards ceremony in Abuja on Monday, Jonathan, while acknowledging that he must have made some mistakes, argued that errors were inevitably with human beings as only God could be perfect,

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Reacting to Atiku’s remarks, he told his audience: “So not too long ago, a very senior politician said, ‘Oh, Jonathan was too young and probably that’s why he made mistakes.’

“If I made mistakes, yes, nobody who becomes a governor or a president will say you did not make mistakes. Even when you promote yourself to the level of a god, you become a deity.

“All human beings must make mistakes. I became president in 2010 at the age of 53. I left in 2015 at the age of 58, and they say I was too young. Must it have been 100 years before I ran the affairs of the state?

“I’m talking to diplomats, so I can say that during my period, I knew what I did for us to appear in the UN Security Council two times… If I were so naive, I don’t think I would have been able to navigate through that process.”

Jonathan also spoke on regional affairs, warning that political instability remains a major obstacle to economic growth across West Africa. He stressed that without stable governance systems, meaningful development in the sub-region would remain elusive.

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“We cannot progress economically if we are very unstable societies politically,” he said.

Jonathan noted that while the founders of ECOWAS envisioned strong economic cooperation, persistent political crises have hindered progress, particularly in enforcing democratic standards among member states.

“That means that ECOWAS must interfere with the internal affairs of the states, and the issue of sovereignty becomes a problem,” he said.

Jonathan urged leaders in the region to work collectively towards stability, saying, “The heads of states of ECOWAS must continue to work together and agree on concrete terms and make sure that the sub-region is politically stable.”

He added that economic integration efforts would falter without solid democratic institutions and called on Nigerian diplomats to properly document foreign policy experiences for future leaders.

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Paying tribute to ECOWAS founders, including former Head of State Yakubu Gowon, Jonathan described the creation of the bloc in 1975 as a bold and necessary step toward regional unity and economic integration.

Gowon, who was also honoured at the event, recounted the origins of ECOWAS, linking its formation to post-war diplomatic engagements across West Africa.

According to him, “It was as a result of the various efforts of all Nigerians when we went through a very difficult period, and I had to go to the various countries to say thank you.”

He said discussions with regional leaders at the time led to a shared vision for broader cooperation.

“Why don’t we also think about having something that we can at least have in agreement for all of us when we are working together?” he said.

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Gowon emphasised that ECOWAS was the product of collective effort rather than individual ambition, crediting government institutions and civil servants for its success.

“This would not have been possible without the support of all the staff of the Ministry of External Affairs and the Ministry of Economic Development,” he stated.

He added that the recognition bestowed on him should be shared widely.

“The honour that is being done to me today should really go back to all the staff that worked so hard to make sure that this became a reality,” he said.

Also speaking, the President of the Association of Retired Career Ambassadors of Nigeria, Joe Keshi, highlighted the importance of honouring excellence in diplomacy, noting that the awards celebrate dedication and service to Nigeria and the continent.

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“Diplomacy is one profession where success is often invisible, reflected not by news coverage, but by maintained stability, prevented conflicts, cultivated partnerships,” he said.

Keshi noted that the event coincides with the 50th anniversary of ECOWAS, describing the organisation as “a bold experiment in regionalism,” and urged diplomats to adapt to evolving global challenges.

The Chief of Army Staff, Lt Gen Waheed Shaibu, also praised Gowon, describing him as a symbol of national unity and visionary leadership.

He said the recognition offers a chance to reflect on a legacy “defined by visionary leadership, courage, and unwavering commitment to the unity, stability, peace, and progress” of Nigeria.

Shaibu added that Gowon’s leadership reflected “patriotism, resilience, and a profound sense of duty,” while commending ARCAN for its continued contribution to diplomatic discourse and Nigeria’s global engagement.

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BREAKING: FG opts for open court trial of coup plotters against Tinubu

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After months of official hiatus, the Federal Government, on Tuesday finally got on the way with the trial of those fingered in the alleged plot to oust President Bola Ahmed Tinubu through a coup, including Timipre Sylva, former Minister of State for Petroleum.

The move, which apart from the former Governor of Bayelsa State, came with the filing of a 13-count charge before the Federal High Court, Abuja, against the alleged plotters including Mohammed Ibrahim Gana, a retired General in the Nigerian Army, Erasmus Ochegobia Victor, a retired Naval Captain, Ahmed Ibrahim, a serving police inspector, Zekeri Umoru, Bukar Goni, and Abdulkadir Sani.

Sylva, whose name surfaced as one of the plotters when the news first broke and believed to be the major financier of what would have led to another military government in Nigeria after the last ended in 1999, was listed as being at large – on the run.

The charge, filed on Monday by the Office of the Attorney-General of the Federation and signed by the Director of Public Prosecutions, Rotimi Oyedepo (SAN), accuses the defendants of offences ranging from alleged treason and terrorism to failure to disclose security intelligence and money laundering linked to terrorism financing.

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The prosecution alleged that the defendants conspired in 2025 “to levy war against the state to overpower the President of the Federal Republic of Nigeria”, an offence punishable under Section 37(2) of the Criminal Code.

The Federal Government further alleged that the defendants had prior knowledge of a planned treasonable act involving one Colonel Mohammed Alhassan Ma’aji and others, but failed to alert authorities.

Furthermore, the defendants were also accused, according to the charge, of, while “knowing that a treasonable act was intended to be committed, did not give information thereof with all reasonable despatch to either the President… or a peace officer.”

They were also accused of failing to take preventive steps and “did not use any reasonable endeavours to prevent the commission of the offence”.

Beyond treason, the defendants are facing terrorism-related charges of conspiracy under the Terrorism (Prevention and Prohibition) Act, 2022, as they “conspired with one another to commit an act of terrorism in the Federal Republic of Nigeria”.

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Inspector Ahmed Ibrahim and Zekeri Umoru were specifically accused of attending meetings linked to the alleged plot “in a bid to further a political ideology which may seriously destabilise the constitutional structure of the Federal Republic of Nigeria.”

The charge also accused the defendants of providing support for terrorism, alleging that they “knowingly and indirectly rendered support” to facilitate acts of terror.

The prosecution alleged deliberate suppression of intelligence, stating that the defendants “had information which would be of material assistance in preventing the commission of the act of terrorism but failed to disclose the information to the relevant agency as soon as practicable”.

Financially, several defendants were accused of handling funds linked to terrorism financing, in violation of the Money Laundering (Prevention and Prohibition) Act, 2022.

Bukar Kashim Goni allegedly “indirectly retained the aggregate sum of N50,000,000, which forms part of the proceeds of an unlawful act, to wit: terrorism financing”, while Abdulkadir Sani allegedly retained N2m from a similar source.

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According to the charge, Zekeri Umoru “without going through a financial institution accepted a cash payment of the sum of N10,000,000″ and also retained an additional N8.8m suspected to be proceeds of terrorism financing.

Inspector Ahmed Ibrahim was also accused of taking possession of “the sum of N1,000,000, being part of proceeds of terrorism financing”.

Alleged Coup Plot, Protests

After the Federal Government cancelled the parade to mark Nigeria’s 65th independence anniversary on October 1, 2025, reports had claimed that the move was linked to an alleged coup attempt.

The Defence Headquarters (DHQ) dismissed the claims, however, saying the parade cancellation had nothing to do with the alleged coup attempt.

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In January 2026, the DHQ confirmed that there was an attempt to overthrow President Tinubu.

The DHQ Director of Defence Information, Samaila Uba, said investigations showed some military personnel were involved in the alleged coup plot.

According to Uba, the officers have been detained and would be arraigned before military judicial panels.

Last month, families of the military officers detained over the alleged coup plot appealed to Tinubu to allow the suspects to be tried in an open court.

Human rights activist Omoyele Sowore protested alongside the detained officers’ families. They also asked for access to the alleged coup plotters.

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ADC: Fight, scatter them! *Presidency goads Kogi lawmaker on Mark’s leadership

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From the seat of the Presidency, came what indicates a clear and open support for the camp in the African Democratic Congress (ADC) fighting David Mark, National Secretary and Rauf Aregbesola, National Secretary, respectively.

The signal came from Femi Gbajabiamila, Chief of Staff (CoS) to President Bola Tinubu, who practically threw his weight behind Leke Abejide, one of the arrowheads wedging the war that could see the main opposition party in Nigeria not presenting a candidate for next year’s presidential election.

Against the backdrop of allegations that Aso Rock has been fuelling the various crises in the major political parties, Gbajabiamila, former Speaker of the House of Representatives and a key ally of President Bola Tinubu, all but clearly stoked the fire by egging the Kogi lawmaker on to launch a fiercer onslaught against the Mark leadership.

Urging Abejide, who had sworn that he would do everything to ensure Tinubu’s re-election not to leave the ADC, through which he won his election to the National Assembly in 2023, but to stay back and fight rather than exiting the party, the ex-Speaker praised him for his resilience so far.

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Abejide, who on his own, has thrown his weight behind Nafiu Bala, former Deputy National Chairman of the ADC, now laying claims to Mark’s position was one of those sacked at the convention organised by the Mark group last week.

But Gbajabiamila, who used the Kogi lawmaker’s birthday celebration on Monday to announce his support publicly, while hailing his political trajectory and resilience, including winning his election under the ADC – a relatively less-fancied platform in 2023.

His words: “For a man to contest in a place like Kogi, under a relatively unknown party, and win back-to-back elections, it tells you who that man is. You did not only secure re-election but also helped expand the party’s influence by bringing in other candidates. You’re a committed party man and a fighter.

“My charge to you is to stay in that same party. Fight them. Scatter them. Hold on to your party. Do not abandon them. We like what you are doing. Hold on to your party. Do not abandon it. Continue what you are doing. Win your election there. Nobody can take your party away from you.”

After the hammer from the Mark group, alongside Kingsley Temitope, Obinna Norman, Kennedy Odiong, and Stella Chukwuma, over the allegation of anti-party activities, Abejide dismissed his sack as null and void, coming from a “suya convention.”

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