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LP offers Abure BOT leadership job *Why we replaced him
For the asking, Julius Abure, could walk into the office of the Chairman of the Board of Trustees of the Labour Party (LP), if only he would cease his contest for the position of the National Chairman, which is no longer available given that his tenure has since lapsed and he is no longer recognised even by the Independent National Electoral Commission (INEC), which on two occasions, walked him out of its meetings with other political party leaders.
Sources close to the party confirmed that BOT position was open for Abure, who led the party to the highly successful presidential election, in which Peter Obi, its presidential candidate came third by the reckoning of INEC, to compensate him for his contribution in the past.
This much has since been conveyed to him by the new leadership and the party elders, because not only because his services are still needed at the top level, but because the BOT, is even considered a higher responsibility, given that its members are considered the owners of the party.
Even Obi, seemed to have confirmed the development after absolving himself of blame in the removal of embattled party boss, with his argument that Abure was only removed by the party’s constitution, as his tenure elapsed, rather than the insinuation that he was removed at the pleasure of Alex Otti, Governor of Abia State and the only one of the 36 in the country, elected on the LP platform.
Represented by Datti Baba-Ahmed, his running mate in the last election, Obi, who spoke during the inaugural meeting of the LP caretaker committee held in Abuja on Tuesday night, appealed to Abure and his supporters to sheathe their swords and join hands with the caretaker committee to rebuild the party.
His words: “Listen my friend, no governor unseated Abure, the constitution unseated him. Abure’s time elapsed. Nobody unseated him. As of today, Abure is our good friend, and a loyal member. We want him back in the fold, we have roles for him to play.
“We didn’t have crisis. We managed a transition, which was a bit bumpy and that was it. I tell you, no other political party of our size could do that in the time and manner that we did.
“We are a political party who went all the way to the Supreme Court claiming our 10 million votes. They were only able to give us six million votes. So, we are a force to contend with in Africa. What we’ve done has never been done before. When PDP came they had the military. We had nothing. We started, it was organic. It was us. It was Nigerian people. It was Obidients, and we defeated two existing political parties, to the best of our submission, in the courts.”
Against the backdrop of the current parlous state of the economy, Obi said he was not surprised, maintaining that he actually warned Nigerians about the impending disaster if All Progressives Congress (APC) was in charge of the country.
Hear him: “What is more, we are buoyed by the fact that we warned Nigerians of the failure of APC, the dangers of APC is happening. They are failing more on the Nigerian economy. They are destroying the security of Nigeria. Every day in the news, you reported it, our citizens are abducted. They are killed in hundreds in villages.
“We warned Nigerians this was going to happen. Desperate people took the victory of Labour Party. What did they do with it? Our currency value was again destroyed. Security destroyed. Hunger in the land. Removal of subsidies managed very very poorly, aggravated corruption continued… lies and lies and lies.”
Nenadi Usman, Chairman of the Labour Party National Caretaker Committee (LPNCC), the body that replaced Abure’s National Working Committee (NWC), had assured party members of the committee’s determination to rescue the party from the current challenges, restore and rebuild it as a veritable alternative platform for Nigerians.
She said: “We are on a rescue mission, not just for the Labour Party, but I tell you for our dear nation Nigeria. The interest this committee has generated extends beyond party lines. The number of telephone calls I have received, not just from Labour Party members, but people from other political parties, who told me that if we get this thing right, we will walk together. So, we have a huge task.
“Our party, by the grace of Almighty God, will become a platform for all disenfranchised and unhappy Nigerians. People who are not happy with the way things are going, we are going to be the platform for them, by the grace of God. Therefore, we must view this as a significant national assignment.”
Fuel marketers across Abuja on Wednesday continued to sell Premium Motor Spirit (PMS), popularly known as petrol, at old prices more than 24 hours after Dangote Petroleum Refinery announced a reduction in its ex-depot price, Vanguard is reporting.
The paper reported that its investigation, showed that major retail outlets were yet to adjust their pump prices despite the N75 per litre reduction announced by the refinery on Monday.
At the retail stations visited in Abuja, the Nigerian National Petroleum Company (NNPC) Retail and TotalEnergies dispensed petrol at N1,335 per litre, while AA Rano sold at N1,350 per litre. AYM Shafa and Conoil outlets sold the product at N1,330 per litre.
The development comes amid growing public expectations that the reduction in Dangote Refinery’s gantry price would quickly translate into lower pump prices nationwide.
Explaining the delay, the President of the Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN), Dr. Billy Gillis-Harry, said retail prices are influenced by several factors beyond refinery gate prices.
Speaking to Channels TV, Gillis-Harry said: “Prices reflecting at the pump are dependent on availability of the product, the other is the cost. The cost of purchasing the product and cost in terms of logistics, and preparing the particular petroleum to be delivered to the people”.
According to him, downward price adjustments often take longer to reach consumers because marketers need to recover the cost of existing stock purchased at higher prices before restocking at lower rates.
When asked why increases in fuel prices are usually reflected immediately while reductions are delayed, Gillis-Harry said the dynamics of supply management play a significant role.
He explained: “It is mainly affected by whether the producer has additional resources or not at the time. Increases in prices are mainly caused by the need to restock. There must be that advantage pushing the price upward to be able to pay for new supplies.”
He further acknowledged that marketers generally seek to exhaust existing inventory before implementing lower prices.
“That’s the basic idea. But in petroleum, a mixture is involved, and loss is taken, though not in a way that affects the capital needed to restock,” he added.
Also speaking on the issue, energy analyst Olabode Sowunmi said fuel pricing in Nigeria is influenced by a combination of domestic supply arrangements and logistics costs, rather than crude oil prices alone.
He noted that although international crude oil prices remain an important factor globally, their impact on local petrol pricing is not always direct.
“Global price of crude oil is a factor internationally and not necessarily in Nigeria,” Sowunmi said.
Explaining that Dangote Refinery operates under arrangements that allow a portion of crude supply to be priced in naira, reducing the direct impact of international market fluctuations on local fuel prices, he said: “So basically the issue will have to be from the point of refinery to where it touches the final person. Logistics costs within the domestic supply chain remain a major determinant of the final pump price paid by consumers.”
Peter Obi, candidate of the Nigeria Democratic Congress (NDC), has given assignment to Nigerians to put all those aspiring to take up political positions in the country through the grill to ascertain their level of integrity, saying it was required as a sine qua non for the job they seek.
Obi, who has been a subject of discussion in the polity since the allegation of corruption was levied against him by Kenneth Okonkwo, spokesman of his campaign in 2023, over the conduct of the party’s primaries to choose candidates for the 2027 general elections, said the grilling must start with his own person.
A guest in an interview on a podcast with Rufai Oseni, a popular television anchor, the former Governor of Anambra State, stated that it was actually for this reason that he had now sworn to see the litigation he instituted against Okonkwo through.
His take is that the Nollywood actor should use the courtrooms to give all the details of bad behaviour, following his threat to expose him fully, after alleging that he was collecting money from aspirants in the said election for electoral favours.
Hear him: “The issue of taking Kenneth Okonkwo to court wouldn’t have arisen if he had stopped at those allegations. But he claimed he still has more he would expose about me in the future. So, I am very happy to take him to court so that he can expose me publicly, alongside other Nigerians. If any of them has any criminal allegations against me, they should bring them to court.
“Not just Kenneth, everybody should now say those things they know that is bad about me or I did that is wrong because it’s good for the system, it’s good for the society,” Obi said.
“So, if you know that when we were in primary school, this man was cheating or didn’t go to the primary school, didn’t go to secondary school, didn’t do, if you know this man has done something criminal somewhere, this is time to bring it up.”
For the umpteenth time, Atiku Abubakar, former Vice President Atiku Abubakar has warned about the dangerous implication of using state institutions, particularly the judiciary to destroy Nigeria’s democracy, saying it is an ill-wind that blows nobody any good.
Atiku, presidential candidate of the African Democratic Congress (ADC), speaking on the heels of Tuesday’s verdict of the Court of Appeal, halting the de-registration order by the Federal High Court, insisted that judicial officers must not lend themselves to any act capable of undermining the nation’s democratic process.
The appellate court had ordered a stay of execution on the order made on Monday by Justice Peter Lifu of the Federal High Court Abuja, for the Independent National Electoral Commission (INEC) to deregister the ADC alongside four other political parties).
A totally scandalised Court of Appeal, sitting in Abuja, had taken umbrage, sparing no hard words in upbraiding the lower court judge, stating that his likes were unfit to sit on the bench.
In a unanimous ruling by a three-man panel, the court held that Lifu’s action was “the highest form of judicial impertinence”, stressing that the Supreme Court previously held that a judge who acted in such a manner.
Describing his conduct as the height of judicial rascality, the upper court, stated: “Courts are enjoined to protect their integrity. This Court has supervisory authority over the trial court.
“The decision of the lower court to proceed with the judgment despite the express order of this court is a brazen violation of the hierarchy of the court and the 1999 Constitution.
This court has the duty to invoke its powers in ensuring that its orders are obeyed. The application for a stay of execution is here yet granted. The enforcement of the judgment is stayed.”
Atiku, who hailed the position of the higher court, which restored his hope to be on the ballot as presidential candidate in the 2027 election, also noted the role of INEC as “significant.”
He said: “I welcome the Court of Appeal’s decision to stay the execution of the Federal High Court judgement seeking the deregistration of our great party, the ADC, and four other political parties. It is particularly significant that INEC itself initiated the application for the stay.
“The development reflects growing public concern over judicial contradictions and politically charged rulings within the judiciary. “Any attempt to undermine Nigeria’s hard-won democracy through judicial manipulation is a grave danger to the Republic. If our democracy suffers further injury, history will demand accountability from those entrusted with dispensing justice.
Outside ADC, Lifu’s order, also included: Action Democratic Congress (ADC), Action Peoples Party (APP), Action Alliance (AA), Accord Party (AP) and Zenith Labour Party (ZLP), similarly slammed for allegedly failing to meet the constitutional requirements for continued registration and participation in elections.
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