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Group Rejects INEC’s Phone Ban, Cost of Party’s Forms

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By Modupe Gbadeyanka

A group known as the Not Too Young To Perform (NTYTP) has rejected the ban on the use of mobile phones at voting cubicles by the Independent National Electoral Commission (INEC), urging the commission to devise better ways of curbing vote buying.

NTYTP, a formidable young people-driven leadership development initiative, in a statement issued yesterday, also described the high cost of most political parties’ expression of interest and nomination forms to run for political offices as “a deliberate vehicle deployed by the corrupt managers of such political parties and their looting collaborators to continue to promote incompetence and corruption in the country.”

According the statement issued in Abuja and jointly signed by its Convener, Comrade James Ezema and the National Publicity Secretary, Arc Bello Mohammed, the group, which believes that performance in office must be the basis for all young people to run for elective offices or accept any political appointment, while urging Nigerian youths to vote against candidates of all political parties with costly nomination forms, noted that INEC has to prosecute vote buyers and sellers.

“For us, since the major incident of vote buying occurred during the Anambra State governorship elections in November last year, INEC has not done enough to nip the anti-people practice in the bud.

“We hail the commission for recognizing that vote buying is a big challenge that must be tackled but the ban on use of mobile phones and camera at polling units cannot be the best INEC can offer in its efforts to curb the menace. INEC should go back to the drawing board to find better ways to deal with it if it can’t prosecute offenders.”

On the high cost of nomination nation forms, the group added that, “There is no better way of promoting incompetence and corrupt practices in the polity than the tactical exclusion of incorruptible Nigerians, particularly our vibrant young people from offering themselves to contest elections than the current high cost of relevant forms being sold by most political parties.

“In as much as we know that cost of elections anywhere in the world is expensive, the deli rate hike in costs of expression of interest and nomination forms by political parties is doing more harm to Nigeria than we imagine.

“The irony is that when a well-to-do friend or associate purchases the expensive nomination form for an aspirant who cannot afford it, genuine fight against corruption is sacrificed on the alter of paying back for a good gesture.

“Or how would such aspirant effectively fight corruption, particularly if such benevolent associates are involved in a graft or abuse of office because as they say, ‘one good turn deserves another’?

“More so, juicy appointments and contracts will naturally go to such ‘charitable’ individuals or group.

“Our country will not experience expected leap as far as good governance is concerned and the increasingly monetized Nigerian electoral system has remained why lips service is continually paid to the so-called anti-graft war by successive governments.

“The only choice young people have is to vote against such political parties as we are now more afraid than ever that political power will remain in the hands of looters and  in permanent control of their ‘rich’ offspring and associates at the expense of performance in office,” the group bemoaned.

Modupe Gbadeyanka is a fast-rising journalist with Business Post Nigeria. Her passion for journalism is amazing. She is willing to learn more with a view to becoming one of the best pen-pushers in Nigeria. Her role models are the duo of CNN's Richard Quest and Christiane Amanpour.

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Tinubu Leaves Abuja Today for Dubai, Japan, Brazil

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By Modupe Gbadeyanka

President Bola Tinubu will today, Thursday, August 14, 2005, leave Nigeria for a two-nation trip to Japan and Brazil, though he is expected to have a stop-over in Dubai in the United Arab Emirates (UAE) before proceeding to Japan.

A statement issued on Wednesday by his Special Adviser on Information and Strategy, Mr Bayo Onanuga, disclosed that the President would be spending about two weeks outside the country.

According to the statement, in Japan, President Tinubu will attend the Ninth Tokyo International Conference on African Development (TICAD9) in the City of Yokohama from August 20 to 22.

With the theme Co-create Innovative Solutions with Africa, TICAD9 will focus on Africa’s economic transformation and improvements in the business environment and institutions through private investment and innovation. It will also promote a resilient and sustainable African society for human security, peace, and stability.

In addition to attending plenary sessions on themes linked to the conference, the Nigerian President will hold bilateral meetings and meet the chief executive officers of some Japanese companies with investments in Nigeria.

Initiated in 1993 by the Japanese government and co-hosted by the United Nations, UNDP, the African Union Commission, and the World Bank, TICAD is a triennial conference held alternately in Japan and Africa. The last one took place in August 2022 in Tunisia.

 The forum fosters high-level policy dialogue between African leaders and development partners.

At the end of the TICAD9, Mr Tinubu will leave for Brasilia in Brazil for a two-day state visit from Sunday, August 24, to Monday, August 25, following an invitation by the Brazilian President, Luiz Inacio Lula da Silva.

While in Brazil, he will hold a bilateral meeting with his host and attend a business forum with Brazilian investors.

His delegation—comprising key ministers and senior officials—will explore opportunities to strengthen cooperation and sign agreements and Memoranda of Understanding (MoUs) with the Brazilian government.

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Appeal Court Frees NNPC of N5bn Damages Payment to Ararume

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By Modupe Gbadeyanka

The judgment of the Federal High Court sitting in Abuja mandating the Nigerian National Petroleum Company (NNPC) Limited to pay its former board chairman, Mr Ifeanyi Ararume, the sum of N5 billion as damages has been upturned by the Abuja Division of the Court of Appeal.

The former lawmaker secured the judgment against the state-owned oil agency at the lower court in April 2023, but this was challenged at the appellate court.

Ruling on the matter on August 8, 2025, according to a statement from the NNPC on Wednesday, August 13, the court upheld the appeal of the energy firm against the Federal High Court’s judgement that annulled Mr Ararume’s removal from the board.

According to the Appeal Court, the Federal High Court’s earlier decision was delivered in error, noting amongst others, that the claim was statute-barred.

In the statement, NNPC said this decision of the appellate court “sets a corporate governance precedent in Nigerian law, and upholds the validity of board resolutions critical to the oil and gas industry’s investment and policy direction.”

It also stated that the judgement spares it of “a massive financial payout and removes a legal risk that could have invalidated all decisions of the board since 2021.”

Recall that in 2023, the late former President Muhammadu Buhari removed Mr Ararume as the chairman of NNPC but he approached the court to challenge this, arguing it was illegal, unlawful, unconstitutional and a total breach of the Companies and Allied Matters Act (CAMA), asking N100 billion as damages.

Though his prayers were granted by Justice Inyang Ekwo, the compensation awarded was N5 billion and it was for the disruption of his appointment because it was unlawful and illegal.

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Nigeria’s Daily Fuel Consumption Drops 18.6% to 48 million Litres

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By Adedapo Adesanya

The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has disclosed that average litres of fuel consumed daily by the country decreased by about 18.6 per cent to 48.0 million litres in June 2025 from the 59.0 million litres recorded in May 2025.

The Director of Public Affairs for NMDPRA, Mr George Ene-Ita, confirmed this in a report on Wednesday, noting that for the full month, the fuel consumption also went down by 16.4 per cent or 290 million litres to 1,440,768,129 litres from the previous month’s 1,768,812,804 litres.

Breaking down the fuel supply figures, the NMDPRA report stated that in June, the Automotive Gas Oil (AGO), called diesel, saw a slight increase in supply by 1.73 per cent, reaching 432.18 million litres compared to May’s 424.83 million litres.

In spite of this, diesel distribution (truck-out) declined by 23.23 per cent, falling from 552.35 million litres in May to 424.06 million litres in June.

It further showed that the Household Kerosene (HHK) supply and distribution both recorded a 13 per cent decrease, with June figures at 7.79 million litres, down from nearly nine million litres in May.

The sharpest decline was seen in automotive gasoline supply, which dropped by nearly 48 per cent from 72.36 million litres in May to 37.66 million litres in June.

Distribution also fell by 16.54 per cent within the same period.

The NMDPRA’s report also detailed fuel truck-out volumes to individual states, totalling the 1.44 billion litres evacuated in June.

The report showed that Lagos received the highest volume at 205.66 million litres, followed by Ogun with 88.69 million litres, the Federal Capital Territory (FCT) with 77.51 million litres, and Oyo with 72.81 million litres.

The decline in overall supply and distribution suggests continued challenges in the petroleum midstream and downstream sectors, impacting national fuel consumption patterns in June.

The NMDPRA, then, pledged to work closely with relevant stakeholders to strengthen distribution and guarantee the uninterrupted supply of petroleum products across the country.

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