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Nigerian Business Magnate Tony Elumelu Demands Answers on Crude Oil Theft

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Renowned Nigerian businessman and philanthropist Tony Elumelu has called on the government and security agencies to identify and expose those responsible for stealing the country’s crude oil.

Elumelu, who is the founder of the Tony Elumelu Foundation, expressed his frustration during a recent interview, stating that it is unacceptable that individuals can siphon off the country’s oil resources using vessels that pass through Nigerian territorial waters without being caught or held accountable.

“The government and security agents must tell us who is behind this oil theft. It’s unacceptable that we can’t seem to stop this brazen act of economic sabotage,” Elumelu said.

He emphasized that the country’s oil resources belong to all Nigerians and that those responsible for stealing them are depriving the nation of much-needed revenue.

Elumelu’s comments come as Nigeria continues to grapple with the challenges of oil theft, which has resulted in significant revenue losses for the country.

The Nigerian government has launched various initiatives to tackle the issue, but Elumelu’s statement highlights the need for greater transparency and accountability in addressing this persistent problem.

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Abuja Reports

Collapsed Container Truck Causes Severe Traffic on Abuja Airport Road

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A collapsed container truck between the FHA Bridge and the ShopRite Pedestrian Bridge along the Lugbe-Airport Road in Abuja has caused a major gridlock on the busy route.

Eyewitnesses reported that the incident occurred around 9 a.m. on Tuesday, forcing outbound vehicles heading towards the airport to divert to the opposite lane, worsening congestion on the expressway.

Federal Capital Territory Sector Commander of the Federal Road Safety Corps (FRSC), Muta’a Chorrie, confirmed the incident, noting that FRSC officers were on-site, working to remove the container and alleviate the traffic jam. He clarified that the obstruction was caused by a fallen container, not a tanker, as some earlier reports had claimed.

“It was just a container that fell on the road. We are making efforts to remove the container and manage the traffic. So, it’s a container that fell on Airport Road today, not a tanker. I haven’t received the full details yet, but when I do, I’ll update you,” Chorrie said.

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BBNaija: Kassia Criticizes Onyeka’s Authenticity

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By Jesusemen Oratokhai

Big Brother Naija housemate Kassia has voiced concerns about Onyeka’s authenticity and strategic approach in the house during a recent discussion with fellow housemate Handi. Kassia revealed that Onyeka had openly admitted to not being genuine, stating that she entered the house with a strategic plan.

In their conversation, Kassia expressed doubts about the sincerity of Onyeka’s friendships with Wanni and Handi. She shared that Onyeka had confided in her that her close relationships with them were motivated by their perceived large fanbase outside the house, rather than genuine personal connections.

Handi, who had previously suspected that Onyeka might not be fully authentic, acknowledged Kassia’s observations. She agreed to take the matter up with her sister, indicating that Kassia’s insights confirmed her own suspicions.

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Nigeria’s Shift to CNG Crucial for Economic Stability, Says PCNGi CEO

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Engr. Mike Oluwagbemi, Program Director of the Presidential Compressed Natural Gas Initiative (PCNGi), has provided a comprehensive update on the ongoing developments in Nigeria’s CNG sector and underscored the pressing need for the country to transition away from petrol.

He made this known on Tuesday while appearing as a guest on interview on Channels TV’s Sunrise Daily.

He said as of today, Nigeria boasts 123 conversion workshops dedicated to Compressed Natural Gas (CNG) conversion. This significant number reflects the country’s growing commitment to adopting alternative energy sources amid the financial strain imposed by petrol subsidies and fluctuations in global oil markets.

Engr. Oluwagbemi highlighted the economic imperative of this transition, stating, “The nation is being bankrupted by petrol; we need to move to gas.” His remarks underscore the urgent need for Nigeria to shift towards more sustainable and economically viable energy solutions.

Over the past seven months, there has been an impressive $75 million investment in the CNG sector. Engr. Oluwagbemi emphasized that these investments are a testament to the sector’s potential and the government’s commitment to enhancing Nigeria’s energy infrastructure. “These are significant investments,” he noted, pointing to the growing interest and financial support for CNG initiatives.

The CNG program is not just a standalone project; it represents an interdisciplinary approach that involves various government ministries and agencies. Engr. Oluwagbemi explained that the initiative does not fall solely under the Ministry of Science and Technology. Instead, it requires a collaborative effort, drawing on expertise from multiple sectors to ensure its success. This approach reflects the complexity of transitioning to a new energy source and the need for coordinated efforts across different governmental departments.

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