‘Baseless and false’ — Agunloye refutes Obasanjo’s allegations on Mambilla power project – Newstrends
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‘Baseless and false’ — Agunloye refutes Obasanjo’s allegations on Mambilla power project

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‘Baseless and false’ — Agunloye refutes Obasanjo’s allegations on Mambilla power project

Olu Agunloye, former minister of power and steel, has denied the recent allegations against him about the Mambilla power project.

In a recent interview with TheCable, former President Olusegun Obasanjo challenged Agunloye to tell Nigerians where he derived the authority to award a $6 billion contract to Sunrise Power and Transmission Ltd in respect of the Mambilla hydropower project in 2003.

Sunrise Power is currently in arbitration with Nigeria at the International Chamber of Commerce (ICC), Paris, France, over an alleged breach of contract by the federal government.

Sunrise is asking for a compensation of $2.3 billion, claiming it had spent millions of dollars on financial and legal consultants before the contract was jettisoned.

The company is also asking for a $400 million settlement being the terms of the agreement it entered with the federal government in 2020 to end the arbitration.

Nigeria is fighting the claims on the grounds that Agunloye, who “suspiciously” awarded the contract one week to the end of his tenure as power minister in 2003, acted “illegally”.

In a statement issued on Sunday, the former minister refuted the claims as baseless, false, and malicious.

According to Agunloye, the nature of the initial contract for the Mambilla power project, was awarded as a “build, operate and transfer (BOT) contract in May 2003 under his watch”.

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“Under this model, the contractor, Messrs Sunrise Power and Transmission Company Limited (Sunrise), was responsible for sourcing funds and executing the project with its own funds,” the statement reads.

“The Federal Government of Nigeria (FGN) was not obliged to pay any amount to Sunrise.”

Agunloye also explained that the investment required for Sunrise to construct the hydroelectric project up to completion was estimated at a maximum of $6 billion by four ministers of power and former President Obasanjo before his own tenure.

He stated that the allegation by the former president that he awarded a $6 billion contract (N800 billion in 2003) to Sunrise was inaccurate and misleading.

The former minister added that for 20 years, he was never questioned or interrogated about awarding any unauthorised Mambilla contract by any Nigerian president, including Obasanjo.

He also raised concerns about the change of contract model for the Mambilla power project after his tenure, noting that Obasanjo split it into smaller components.

“On the 28th of May 2007, a day before handing over power to President Umaru Yar’Adua, President Obasanjo changed the terms of the Mambilla project from Build, Operate and Transfer (BOT), which would not have required any investment from the Federal Government of Nigeria (FGN) to a fully funded FGN EPC contract,” he said.

TheCable understands that Agunloye and some officials of the ministry of justice have been quizzed over the Sunrise affair and may soon be charged in court.

‘Baseless and false’ — Agunloye refutes Obasanjo’s allegations on Mambilla power project

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NIS expands contactless passport renewal to United States, others

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NIS expands contactless passport renewal to United States, others

The Nigeria Immigration Service (NIS) has announced the expansion of its Contactless Biometric Passport Application System to several countries in the Americas.

In a recent statement by ACI AS Akinlabi, Service Public Relations Officer at NIS Headquarters in Abuja, confirmed that the service under Comptroller General Kemi Nandap is rolling out the next stage of implementation across Brazil, the United States, Mexico, and Jamaica this month.

The contactless system, which enables Nigerians living abroad to renew their travel document without physically visiting passport offices for biometric enrollment, went live in the United States on April 11. Mexico, Brazil and Jamaica are scheduled to gain access on April 14.

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“This expansion represents our commitment to innovative and efficient service delivery to Nigerians anywhere in the world,” said ACI AS Akinlabi, Service Public Relations Officer at NIS Headquarters in Abuja.

The application system is currently available on the Google Play Store as “NIS Mobile” and allows passport renewal without in-person biometric enrollment. An iOS version for Apple devices is under development and will be released soon, alongside an enhanced version of the Android app to improve user experience and accessibility.

The NIS further confirmed that the Contactless Passport App is now operational in Canada, the USA, Mexico, Jamaica, Brazil, Europe, and Asia. Australia and Nigeria itself remain pending, with implementation dates to be announced in the future.

 

NIS expands contactless passport renewal to United States, others

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Tariff: NACCIMA warns against economic instability, job losses

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President of NACCIMA, Dele Oye

Tariff: NACCIMA warns against economic instability, job losses

The Nigerian Association of Chambers of Commerce, Industry, Mines, and Agriculture (NACCIMA) has expressed fear that unless the Federal Government takes deliberate steps to increase Nigeria’s non-export earnings, the current global tariff war may lead to job losses, low foreign exchange inflow, and economic instability.

This was the position of the President of NACCIMA, Dele Oye, as the chairman at the Vanguard Economic Discourse 2025 with the theme, “Nigeria’s Economic Outlook 2025: Hardship and Pathways to Sustainable Recovery”, held last week in Lagos.

Among other things, Oye who is also the Chairman of the Organised Private Sector of Nigeria (OPSN), emphasized the need for a viable and affordable homegrown democracy.

His words: “In this pivotal moment, we must recognize and confront the significant challenges before us—challenges that have been magnified by the advent of America’s “America First” policy.

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“This paradigm shift in global trade, driven by protectionism and tariffs, presents a unique and formidable array of obstacles for developing nations such as ours.

“The world we once knew, one characterized by cooperative, rules-based trading systems under the World Trade Organization, has given way to an environment fraught with uncertainty. This transformation not only disrupts global markets and supply chains but poses an acute threat to our competitive standing in international trade.

“The recent implementation of a 14% tariff on Nigerian exports to the United States directly jeopardizes what has historically been a critical market for our key goods, including crude oil, liquefied natural gas, and agricultural products. “The ripple effects of reduced demand could precipitate job losses, economic instability, and a decline in vital foreign exchange inflows, particularly for our non-oil sectors”.

“Indeed, the ramifications of current U.S. policies go beyond tariffs. We are witnessing a significant decrease in funding for initiatives that empower Africa’s burgeoning start-ups. The $51 million cut from the United States Development Fund, which affects countries like Nigeria and Kenya, exemplifies the broader challenges we face. The grants previously allotted to our SMEs are critical for nurturing innovation and entrepreneurship within our local economies”.

In the face of these challenges, Oye said Nigeria must act decisively and strategically to reshape its economic destiny where adversity can give rise to opportunity.

Tariff: NACCIMA warns against economic instability, job losses

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Tinubu: Presidency reacts to US court order, says president not investigated by CIA

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President Bola Ahmed Tinubu

Tinubu: Presidency reacts to US court order, says president not investigated by CIA

A United States District Court in Columbia has ordered the Federal Bureau of Investigation, FBI, and the Drug Enforcement Administration, DEA, to release records relating to the criminal investigation of President Bola Tinubu over alleged drug trafficking.

Judge Beryl Howell, in a ruling dated April 8, which can be found on the court’s website, directed both agencies to search for and process non-exempt records tied to Freedom of Information Act, FOIA, requests filed by American researcher Aaron Greenspan.

But the Presidency in a swift reaction, said the US court didn’t indict the President, adding that he was not also investigated by the Criminal Investigation Agency, CIA.

Greenspan, founder of legal transparency platform, PlainSite, had submitted 12 FOIA requests between 2022 and 2023, seeking information on a Chicago drug ring that operated in the early 1990s.

His request included records on Tinubu and three others, including Lee Andrew Edwards, Mueez Abegboyega Akande and Abiodun Agbele.

The FBI and DEA had previously issued “Glomar responses”—a refusal to confirm or deny the existence of requested records—but the court ruled that such responses were improper in this case.

The FBI and DEA have now been ordered to conduct a search and release non-exempt materials, while the parties are to report back to the court on the case’s status by May 2, 2025.

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The judgment read:  “The FBI and DEA have both officially confirmed investigations of Tinubu relating to the drug trafficking ring.

“Any privacy interests implicated by the FOIA requests to the FBI and DEA for records about Tinubu are overcome by the public interest in release of such information.

“Since the FBI and DEA have provided no information to establish that a cognizable privacy interest exists in keeping secret the fact that Tinubu was a subject of criminal investigation.

“They have failed to meet their burden to sustain their Glomar responses and provide an additional reason why these responses must be lifted.”

The court upheld the CIA’s Glomar response after Greenspan conceded that the agency had acknowledged the existence of responsive records.

The judge ruled, “For the reasons discussed above, plaintiff is entitled to summary judgment as to each of the four Glomar responses asserted by defendants FBI and DEA, while defendant CIA is entitled to summary judgment, since its Glomar response was properly asserted.

“Accordingly, the FBI and DEA must search for and process non-exempt records responsive to the FOIA requests directed to these agencies.

“The CIA, meanwhile, is entitled to judgment in its favour in this case. The remaining parties are directed to file jointly, by May 2, 2025, a report on the status of any outstanding issues in this case, as described in the accompanying order.”

US Court didn’t indict Tinubu — Presidency

Reacting to this yesterday, the Presidency said the reports did not indict President Bola Tinubu.

Special Adviser to the President on Information and Strategy, Bayo Onanuga, told Vanguard that there was nothing new that was revealed in the said reports.

He said the reports had been in the public space for more than 30 years, noting that President Tinubu was not investigated by the CIA.

He said: “There is nothing new to be revealed. The report by Agent Moss of the FBI and the DEA report have been in the public space for more than 30 years. The reports did not indict the Nigerian leader.  And he was not investigated by the CIA.”

Tinubu: Presidency reacts to US court order, says president not investigated by CIA

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