Wednesday August 8, 2018 Edition

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Dasuki, President Buhari’s rule of law

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RESIDENT Muhammadu Buhari loves the rule of law. He misses no opportunity to preach to audiences the importance of rule of law to an orderly society. HIS most recent listeners were 25 Presidents and Heads of Governments at a joint meeting of West and Central African countries in Lome, Togo. The meeting dealt with security, herders-farmers

The Oracle Today Comment

clashes, terrorism, migration and the proliferation of small arms in the regions. BUHARI waxed strong about the rule of law and obedience to court orders as imperatives for the sustenance of democratic governance.

The

VOX POPULI SACRUM

The audience, as courtesy, diplomacy, and etiquette demanded, applauded. SOME were however shocked to hear Buhari utter those words, considering one of the most celebrated legal tangles in Nigeria that has

WEDNESDAY August 8, 2018

run contrary to his offering in Lome. Sambo Dasuki, 64, a retired Nigerian Army Colonel was National Security Adviser to President Goodluck Jonathan On 1 December 2015, State Security Service operatives arrested

Dasuki for allegedly stealing $2b, awarding phantom contracts to buy 12 helicopters, four fighter jets, and ammunition for Nigeria’s fight against Boko Haram in the North East. TWO years into Dasuki’s detention, in December 2017, President Buhari’s government had ignored four different High Court bails that

racle

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ISSN: 2545-5869

Today

VOL.3 No.31 N200

‘Save Lagos, use other ports’ By KAYODE OGUNWALE

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ailure of the federal government to provide the required infrastructure and develop other seaports across the country has been blamed for the perennial traffic gridlock in the Apapa Wharf axis of Lagos State. Stakeholders who spoke with The Oracle Today on the matter noted that lack of rail transportation, holding bays, good roads and the federal government’s seeming exclusive focus on Lagos seaport,

•One port location not enough, Stakeholders insist •Ambode’s long awaited prognosis on Apapa crisis •About nine other ports disused among others, are also responsible for the difficulties witnessed by motorists, other road users as well as residents in Apapa and its

environs as a result perennial traffic holdups. What has come to be despairingly described as Apapa gridlock has

of recent affected a lot of places in Lagos State, including the famous Western Avenue, the carrying road to Apapa Wharf.

FG shops for $3.5b investment in flare gas By SOPURUCHI ONWUKA

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HE federal government has declared new commercial incentives for investors willing to stake about $3.5b or N1.43 trillion in capturing value from the nation’s gas flare sites. The new plan de-emphasises prevailing ‘punishing’ disincentives and involves fresh investments in both domestic and export gas projects as state agencies fight to capture and convert some 324 billion standard cubic feet (scf) of natural gas flared at oil production sites yearly to economic development catalyst. According to the Department of Petroleum Resources (DPR), which hosted industry reporters to a workshop in Lagos, the gas valorization plan captured in the National Gas Flare Commercialization Programme (NGFCP) seeks to recover some 888 million standard cubic feet of flared gas per day (scfd) for productive application. Mr. Olwoleola Ogunsola of the Gas Monitoring and Regulation unit of DPR who delivered a presentation at the event said the volume of gas planned to be recovered from flare booms would be sufficient to not only generate adequate energy to drive national social, commercial and industrial

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development but also stimulate job creations and productivity. In explaining the economic opportunities Nigeria has lost annually to routine gas flaring, Mr Ogunsola explained that the volume of flared gas is equivalent to over 50 million barrels of crude oil, could feed two-three liquefied natural gas (LNG) trains, or produce 600,000 metric tons of liquefied petroleum gas (LPG) or cooking gas per year. If applied to power generation, he continued, flared gas volumes would be adequate to fuel generation of 2.5 gigawatts (GW) of electricity, enough to meet electricity

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•Bukola Saraki

The gridlock has been due largely to indiscriminate parking of trailers and trucks on the road.

Cont’d on page 2

•Ike Ekweremadu

Saraki decamps, Ekweremadu detained

From Chidi UGWU, Abuja

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ENATE President Dr. Bukola Saraki on Tuesday officially stated that he had left the All Progressives Congress (APC),

the party he joined in January 2015. His political son, AbdulFatah Ahmed, his successor as Governor of Kwara State, has also left APC, “after extensive consultations”. It was not clear where they were

headed, but most indications are that it would be the Peoples Democratic Party (PDP), the platform on which they dominated the politics of Kwara State for 10 years. These departures continued the

trend of last Tuesday when APC Senators and Members of the House of Representatives left APC for PDP. Another major development is

Cont’d on page 2

Court stops swearing-in of new Imo Deputy Governor


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