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Bayelsa Ex-Lawmaker Petitions EFCC To Probe NCDMB’s Investments—-A former member of the House of Representatives, Honorable Israel Sunny-Goli, has petitioned the Economic and Financial Crimes Commission (EFCC) to probe multi-million naira investments made by the Nigerian Content Development and Monitoring Board (NCDMB).

Sunny-Goli, who represented the Nembe-Brass Federal Constituency in the 9th Assembly, stated that he is calling for a thorough investigation and possible prosecution regarding the disbursement of funds for the Brass Fertilizer and Petrochemical Limited, the Atlantic International Refinery and Petrochemical Limited, as well as the Brass Petroleum Product Terminal Limited.

The former lawmaker noted that all the projects are situated within the precinct of Brass Local Government Area and that the investments were undertaken during the tenure of the immediate past Executive Secretary of the Board, Engr. Simbi Kesiye Wabote.

According to him, NCDMB’s total equity of $200 million was contributed to the Brass Fertilizer and Petrochemical Limited project, which was conceived to establish two trains of 5,000 MTPD methanol plants and one train of 500 Mscf per day processing plant, along with associated infrastructure to be sited in Odioma, Brass Island, Bayelsa State.

For the Atlantic Refinery project, he disclosed that a full investment of $35 million was made for the project, which was expected to be a 2,000 bpd modular refinery with a jetty facility and 2MW power plant, with a duration of 24 months completion at the Brass Free Trade Zone (FTZ).

Sunny-Goli further stated in his petition that the Brass Petroleum Product Terminal Limited is also included for probe, with NCDMB’s investment aimed at establishing a 50 million-liter facility with a two-way product jetty, automated storage tanks, and loading bay in Brass Local Government Area of Bayelsa State.

He expressed sadness that the current state of the three projects is nothing to write home about, as they are now surrounded by uncertainty and a sense of gloom.

Sunny-Goli pointed out that the projects are well-meaning and could provide jobs for the teeming unemployed youths and also increase the government’s revenue.

“To ensure that our great nation is not short-changed, and our teeming unemployed youths are not denied gainful employment opportunities in line with the Renewed Hope Agenda of President Ahmed Bola Tinubu, I hereby request that your commission immediately institute a thorough investigation into the projects listed above and prosecute without delay anyone found culpable in the event of misappropriation of funds,” he said.

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Israel, Hamas Reach Gaza Ceasefire Ahead Of Trump’s Inauguration

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Isreal

Israel, Hamas Reach Gaza Ceasefire Ahead Of Trump’s Inauguration—-Thecloudngr reports that Israel and Hamas have agreed to a deal for a ceasefire and release of hostages being held in Gaza, following separate meetings with Qatar’s prime minister.

A US official confirmed the deal.

Pressure to put an end to the fighting had ratcheted up in recent days, as mediators – Qatar, Egypt and the United States – intensified efforts to cement an agreement.

A source close to the talks said Qatari Prime Minister, Sheikh Mohammed bin Abdulrahman bin Jassim al-Thani, was meeting Hamas negotiators in his office for a final push to seal the deal.

The source, who briefed on the talks later, said the Gaza ceasefire and hostage release deal was reached, following the Qatari PM’s meeting with Hamas negotiators and, separately, Israeli negotiators in his office.

The announcement comes after months of failed bids to end the deadliest war in Gaza’s history, and days ahead of the inauguration of US president-elect Donald Trump, who immediately hailed the deal before it was officially announced by the White House.

Trump

“We have a deal for the hostages in the Middle East. They will be released shortly. Thank you!” Trump said on his Truth Social network.

Trump had warned Hamas of “hell to pay” if it did not free the remaining captives before he took office, and envoys from both his incoming administration and President Joe Biden’s outgoing one had been present at the latest negotiations.

Hamas sparked the war in Gaza by staging the deadliest-ever attack on Israel on October 7, 2023, resulting in the deaths of 1,210 people, mostly civilians, according to an official Israeli figures.

Palestinian militants also took 251 people hostage during the attack, 94 of whom are still being held in Gaza, including 34 the Israeli military says are dead.

Israel’s retaliatory campaign in Gaza has killed 46,707 people, most of them civilians, according to figures from the Hamas-run territory’s health ministry that the UN considers reliable.

Sticking points

Among the sticking points in successive rounds of talks had been disagreements over the permanence of any ceasefire, the withdrawal of Israeli troops and the scale of humanitarian aid for the Palestinian territory.

The UN’s Palestinian refugee agency, UNRWA, facing an Israeli ban on its activities set to take effect later this month, said it will continue providing much-needed aid.

Israeli Prime Minister, Benjamin Netanyahu, who vowed to crush Hamas in retaliation for the October 7 attack, has opposed any post-war role for the militant group in the territory.

US Secretary of State Antony Blinken said Tuesday Israel would ultimately “have to accept reuniting Gaza and the West Bank under the leadership of a reformed” Palestinian Authority, and embrace a “path toward forming an independent Palestinian state”.

He added that the “best incentive” to achieve Israeli-Palestinian peace remained the prospect of normalisation between Israel and Saudi Arabia.

Palestinian PM

Palestinian prime minister Mohammed Mustafa, speaking in Oslo, said the latest push for a Gaza ceasefire showed international pressure on Israel “does pay off”.

The October 7 attack on communities in southern Israel sparked uproar around the world, as did the scale of the suffering in Gaza from the retaliatory war.

World powers and international organisations have for months pushed for a ceasefire, which up until today had remained elusive.

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JUST IN: Lagos Speaker, Mudashiru Obasa Impeached As Mojisola Meranda Sworn In As First Female Speaker [VIDEO]

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Mudashiru Obasa Impeached

JUST IN: Lagos Speaker, Mudashiru Obasa Impeached As Mojisola Meranda Sworn In As First Female Speaker [VIDEO]—-Members of the Lagos State House of Assembly on Monday impeached Speaker Mudashiru Obasa, accusing him of multiple statutory and financial infractions. 

Mr Obasa was subsequently replaced by his deputy Lasbat Meranda. Mrs Meranda, who represents Apapa Constituency 1, was also a former chief whip of the House.

The removal came days after The Gazette reported how Mr Obasa oversaw the withdrawal of N43.5 billion for back up vehicles for lawmakers, as well as other controversial activities.

Mr Obasa, 52, was first elected Speaker on June 8, 2015, resuming office alongside former one-term governor Akinwunmi Ambode.

Repeated charges of fraud and political thuggery have marked his speakership. In 2020, Peoples Gazette published a series of investigations detailing how Mr Obasa diverted Lagos funds to his personal firms and bank accounts. Sahara Reporters at the time also uncovered Mr Obasa’s assets across Lagos.

He was invited to be questioned by the EFCC after the anti-graft office became overwhelmed by media reports of Mr Obasa’s mismanagement. He denied all allegations, and no charges were filed after he met with detectives.

Watch the video below:

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