NNPC CEO GIVEN 3 WEEKS TO RESPOND TO 210 TRILLION NAIRA AUDIT

The Nigerian Senate has directed the Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPC), Bayo Ojulari, to respond within three weeks to audit queries relating to an alleged unaccounted sum of 210 trillion naira covering 2017 to 2023.

The instruction came from the Senate Committee on Public Accounts, chaired by Senator Ahmed Wadada (Nasarawa West), following a session with Ojulari.

Senator Wadada emphasized that the funds were neither missing nor stolen but remain unaccounted for in official documentation.

Ojulari, appearing before the committee for the first time since assuming office just over 100 days ago, apologized for his earlier absence from previous hearings. He also requested additional time to carefully review the 19 audit queries presented.

UNITED STATES CALLS OFF TAIWAN DEFENSE MEETING

The United States canceled a planned meeting with Taiwan’s Defense Minister, Wellington Koo, in June, amid concerns that it could jeopardize diplomatic efforts with China.

Koo was scheduled to travel to the Washington, D.C., area for talks with Elbridge Colby, the U.S. Under Secretary of Defense for Policy. However, the meeting was abruptly called off at the last minute. The decision was influenced by the Trump administration’s desire to avoid escalating tensions with Beijing during sensitive trade negotiations and efforts to arrange a potential summit with Chinese President Xi Jinping.

Although the U.S. officials initially cited unrelated military activity in the Middle East as the reason for the cancellation, China played a more decisive role.
The move has raised concerns in Taipei about the reliability of U.S. defense commitments, with analysts warning that reduced engagement could weaken deterrence in the Taiwan Strait and embolden Beijing amid rising regional tensions

OKPEBHOLO SUSPENDS AIDE OVER ILLEGAL FUNDRAISING ALLEGATIONS

The Edo State Governor, Monday Okpebholo has announced the suspension of Felix Isere, his Special Adviser on Oil and Gas, due to allegations of unauthorized fundraising related to an upcoming oil and gas summit in Edo.

As a result of this situation, the Governor has directed that the oil and gas summit, originally scheduled to start on August 7th, be postponed.

Consequently, the summit is suspended, and Isere has been instructed to return all funds collected from various donors. Prospective donors are advised to refrain from engaging in any further transactions with the suspended appointee, as stated in the announcement.

DEADLY CLASHES IN ANGOLA AS FUEL PROTESTS LEAVE FOUR DEAD AND HUNDREDS JAILED

Angola is currently facing violent protests over a fuel price hike, resulting in at least four deaths and hundreds of arrests in Luanda.

The unrest began after the government raised diesel prices by a third to relieve fuel subsidy costs. In response, minibus taxi associations increased fares by up to 50% and went on strike.

Over 500 people have been arrested, and significant vandalism occurred. The national police also reported ongoing pockets of disorder in the capital. Angola has been reducing fuel subsidies since 2023, following previous deadly protests over petrol prices.

NORTHERN LEADERS RENEW COMMITMENT TO TINUBU

The Northern States Governors Forum has reiterated its support for President Bola Tinubu, recognizing the significant progress made in infrastructure, security, and economic reform.

During the opening of a two-day interactive session organized by the Ahmadu Bello Memorial Foundation in Kaduna, the Forum’s Chairman and Governor of Gombe State, Inuwa Yahaya, emphasized that the event was not just a platform for rhetoric but an essential opportunity to carefully assess the performance of the Federal Government based on the commitments made during the 2023 campaign.

Governor Inuwa expressed optimism that the region is beginning to see the positive effects of this political alliance. He pointed out several important projects currently in progress, including the Abuja-Kaduna-Kano Expressway, the Kano-Katsina-Maradi rail line, the rehabilitation of the Kaduna Refinery, the Abuja-Kaduna-Kano Gas Pipeline, and the ongoing oil drilling operations at the Kolmani Oil Fields.

He stressed that these initiatives reflect a focused policy approach aimed at enhancing the economic and social development of the Northern region.

LOOKMAN’S BID FROM INTER MILAN TURNED DOWN BY ATALANTA

Inter Milan has made a new bid to Atalanta for Ademola Lookman.

According to transfer expert Fabrizio Romano, the latest offer amounts to 40 million euros, with an additional 5 million euros in add-ons. However, Atalanta has rejected this offer, asking for a higher fee.

Lookman is eager to join Inter Milan and has already agreed to personal terms with the Serie A club.

DANGOTE BACKS DOWN FROM SUIT AGAINST NNPCL PERMITS

Dangote Petroleum Refinery and Petrochemicals has requested to withdraw its legal challenge against the import licenses issued by the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) to the Nigerian National Petroleum Company Limited (NNPCL) and various oil marketers for the importation of petroleum products.

In a notice of discontinuance, Dangote Refinery officially withdrew the lawsuit. The refinery argued that import licenses should only be granted in cases of a shortfall in petroleum products.

Additionally, they called on the court to acknowledge that the NMDPRA has failed in its statutory duty under the Petroleum Industry Act to support local refineries like theirs.

RESIDENTS PLEAD WITH MAKINDE ON IBADAN CIRCULAR ROAD PLAN

The residents from the communities along the Ibadan Circular Road have reached out to Oyo State Governor Seyi Makinde to discuss the proposed plan to extend the corridor pillars by 500 meters.

The local governments affected by this proposal collectively comprise over 10,000 residential and commercial properties.

In a statement, Niyi Fasoye, the ICRCR Coordinator, and Secretary Isiaq Jimoh expressed the residents’ concerns about the need for a discussion regarding the construction. They highlighted its potential impact on the well-being of homeowners in the affected areas. The residents hope to collaborate with the government to find solutions that minimize disruption and enhance community welfare.

SDP REFUTES EL-RUFAI BAN ALLEGATION

The Social Democratic Party (SDP) in Kaduna State has denied reports claiming that former governor Mallam Nasir El-Rufai has been banned from the party for thirty years.

Honorable Darius Kurah, the Kaduna State Publicity Secretary, stated that the claims by Araba Rufus Aiyenigba are false and unauthorized. The recognized National Publicity Secretary is Ambassador Judith Shua’ibu.

The SDP emphasized that El-Rufai has not received any official complaints or expulsion notices from the party. They also dismissed claims that he is promoting other political parties, reaffirming his commitment to good governance without representing himself as an SDP member.

JOSHUA PLANS POSSIBLE RETIREMENT BY 2025

British boxer Anthony Joshua has shared his feelings about potentially ending his boxing career in 2025. Following a tough loss to Daniel Dubois in September 2024, where he was knocked out in the fifth round, Joshua has shown incredible resilience and dedication to his sport.

At 35 years old and with a career that began in 2013, he is looking forward to stepping back into the ring later this year. In a heartfelt interview on the Ariel Helwani Show, Joshua expressed his deep desire to conclude his career on his own terms, sharing that he hopes to throw his last punch this year.

He also took a moment to express his sincere gratitude to Matchroom Boxing for their unwavering support throughout his journey, acknowledging how vital their partnership has been in his life as a boxer. Joshua’s passion and commitment resonate deeply, as fans and supporters appreciate the profound impact he’s made in the sport.