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Edo Modular Refinery Privately-owned, Not Obaseki’s Project – APC

Published

5 years ago

August 23, 2020

The All Progressives Congress, APC, in Edo State has accused the governor of Edo State, Mr. Godwin of attempting to steal credit for the construction of the privately-owned modular refinery in Ologbo, adding that his administration lacks any achievement to show for its four-year term.

Mr. John Mayaki, Chairman, Edo APC Media Campaign Council in a press conference on Sunday challenged Obaseki to publicize the contribution of his government to the success of the project.

Explaining that the modular refinery is an FG-backed privately-funded project undertaken by the AIPCC Energy Limited in a joint venture between AFCOM and Peiyang Chemical Equipment Company of China, Mayaki said the Edo Governor, contrary to his media posture, frustrated the development of the project with his disastrous economic policies and disregard for the rule of law which have driven investors away from the State.

He also challenged the Governor to name at least five projects that have emanated from the MOUs he nomadically signed in four years, stating that a Governor that failed to fulfill his own promises to build an industrial park and GeleGele seaport should not be laying claims to a private initiative to deflect blame and criticism arising from his failure.

The statement read, “As we draw nearer to September 19, the day Edo people will head to the polls to determine the leadership of the state for another four years, it has become glaring to Mr. Godwin Obaseki and his party of tax-collectors that their reign of falsehood, terror, and lackluster leadership will be brought to an end, and a new era of responsible and competent leadership under an APC government led by Pastor Osagie Ize-Iyamu will be ushered in.

“This realization, and the consequence it holds for this group of corrupt and irresponsible persons, has seen them scurrying around for survival, making truth, common sense, and decency easy casualties in their vile campaign of deceit and falsehood.

“As it stands now, no one can debate the fact that Mr. Godwin Obaseki is falsehood personified, a wrapped bag of lies that continues to give. From falsified and inconsistent academic records and credentials, the baloney has come to the point of broad daylight robbery of projects and initiatives. Today, the lie is with the Edo Modular refinery at Ologbo, a project that having been funded by both foreign businesses and the federal government, has neared completion and commissioning.”

“And then, suddenly, Obaseki the MoU and sleeping governor emerges from his slumber, scheming to mount tape and ribbon at the site and take glory for a project he knew and contributed little to.”

To be clear, and for the records, it is important to state here that the Edo Refinery and Petrochemical Company is owned by AIPCC Energy Limited, a joint venture between AFCOM and Peiyang Chemical Equipment Company of China and was built at the cost of 10.2million dollars. The refinery will be producing diesel, Naptha, and Fuel oil (LPFO).

“The Federal Government supported the project by granting duty waivers on refinery equipment and components. The PCC, equally, is a partner to the EPC. If the Federal Government that offered tangible support which if factored in cost would amount to millions of dollars not claiming credit for the project, why is the Obaseki-administration parading the premises of the refinery, claiming to have achieved a landmark project?

“The answer is clear: the Edo State Government of Godwin Obaseki has achieved nothing for the past four years they have been at the helm. Now, then, that it has come to a period where it is important to showcase its job portfolio, the.”

However, Special Adviser to Edo State Governor on Media and Communication Strategy, Mr. Crusoe Osagie, in his reaction to the accusation said the APC has been having sleepless nights because of the project.

He noted that, after being confronted with facts about the role Governor Godwin Obaseki played in the establishment of the Modular Refinery, which is nearing completion in Ologbo, Edo State.

According Osagie, “After last week’s visit of a federal government delegation to the Edo Modular Refinery in Ologbo, the APC is now clearly confused as their campaign seems to have been deflated by the stellar performance of Governor Obaseki and the near total acceptance Obaseki enjoys from Edo people.”

He stressed, “Truth will continue to dwarf and ultimately blot out falsehood and propaganda, as the Ologbo visit by the federal government delegation has just done to APC’s efforts.”

News

Read How Ex-Edo IDP Became A PhD Student In US Varsity

Published

6 hours ago

January 7, 2026

Editor

Ishaku Amos, a native of Gwoza Local Government Area of Borno State, on Wednesday narrated how his life was transformed from displacement to academic excellence.

Amos, who currently pursues a PhD in Chemical Engineering at the University of Illinois, Chicago, in the United States, spoke when he paid a visit to the Internally Displaced Person (IDP) at the Home for the Needy Foundation in Uhogua, Edo State.

The excited Amos, who once lived in Home for the Needy Foundation,
said the organisation played a decisive role in changing the course of his life.

According to him, after completing his undergraduate studies at Edo State University, Iyamho, he secured a scholarship for doctoral studies abroad.

He narrated how he left Nigeria in August with the support of Pastor Solomon Folorunsho, Coordinator of the IDP Camp in Uhogua.

“I had never travelled outside Nigeria before. I grew up in the North and in the camp, so everything was new to me. Having him accompany me made the transition easier and gave me confidence.”

Amos explained that adjusting to life in the United States would have been difficult without that support.

“It was a new culture, a new system and a different weather. But I was prepared. I was guided on what to expect and how to adapt, so I didn’t experience culture shock. He made sure I was comfortable before returning to Nigeria.”

Speaking on his past, Amos described himself as a victim of terrorism and insurgency in the North-East.

“Anyone who says these things are not happening should listen to my story.

“I know what I suffered. People sometimes talk because they have not experienced it. When you have lived through killings and displacement, you can never deny the reality,” he said.

He expressed deep gratitude to the Home for the Needy Foundation, saying words were not enough to appreciate what the organisation did for him and thousands of others.

“They changed my narrative and my understanding of life. Despite our trauma, they never gave up on us. They paid for our exams even when we failed and had to try again. They kept telling us to focus and try one more time.”

Amos said his experience has inspired him to give back to society and support vulnerable people in the future.

He also appealed to the Borno State Government and lawmakers from his area to support displaced indigenes.

“They know we exist and that we are Borno indigenes, but we have been ignored for too long. We are calling on them to clear outstanding school fees and provide scholarships. We will continue to call until something is done.”

News

Minister Suspends Aide Over 2027 Governorship Election Write-up

Published

8 hours ago

January 7, 2026

Editor

The Minister of Information and National Orientation, Mohammed Idris, has formally distanced himself from a political article titled “Malagi 2027,” which speculated on potential scenarios ahead of the 2027 Niger State governorship election.

In a statement released on Wednesday, the minister’s office clarified that the article was published without authorization by one of his aides, Sa’idu Enagi, emphasizing that the opinions expressed do not represent Idris’ views or intentions.

“The write-up and all its contents are hereby vehemently disclaimed,” the statement affirmed, urging the public to disregard the publication.

The statement noted that the minister remains fully dedicated to his duties at the Federal Ministry of Information and National Orientation and has no interest in, nor tolerance for political distractions or premature electioneering.

It further stressed that he neither approved nor directed the publication of the write-up.

Following the incident, the minister has ordered an immediate investigation, and the aide responsible has been suspended with immediate effect.

The statement also underscored the cordial and mutually beneficial relationship between the minister and Niger State Governor Mohammed Umaru Bago, highlighting their joint commitment to the development and stability of the state.

“Speculations about the 2027 elections would be inimical to these noble objectives,” the statement added.

The disclaimer was signed by Rabiu Ibrahim, Special Assistant (Media) to the minister.

News

How To Calculate Your Taxable Income

Published

16 hours ago

January 7, 2026

Editor

Contents

Current Personal Income Tax Brackets (2026 Onward)

Personal income tax applies to:

*Residents: on worldwide income

*Non-residents: on Nigeria-sourced income

For employees, tax is usually deducted at source under the Pay-As-You-Earn (PAYE) system.

Current Personal Income Tax Brackets (2026 Onward)

Nigeria operates a progressive tax system, meaning income is taxed in layers. Only the portion of income within each band is taxed at the applicable rate.

Annual Taxable Income (₦)	Tax Rate
First ₦800,000	0%
Next ₦1,400,000 (₦800,001 – ₦3,000,000)	15%
Next ₦9,000,000 (₦3,000,001 – ₦12,000,000)	18%
Next ₦13,000,000 (₦12,000,001 – ₦25,000,000)	21%
Next ₦25,000,000 (₦25,000,001 – ₦50,000,000)	23%
Above ₦50,000,000	25%

Your tax bracket refers to the highest (marginal) rate that applies to any portion of your income.
For example:

₦10 million → 18% bracket

₦60 million → 25% bracket

Steps to Calculate Your Taxable Income

1. Determine Your Gross Income

Add all annual earnings, including:

Salary and wages
Bonuses and allowances
Business or professional income
Rental income and other earnings

2. Subtract Allowable Deductions and Reliefs

These include:

Pension contribution: 8% of salary (employee portion)
National Housing Fund (NHF) (where applicable)
Rent relief: higher of ₦500,000 or 20% of annual rent paid
Other approved deductions (e.g. life insurance premiums, eligible mortgage interest)

Note: The former Consolidated Relief Allowance (CRA) has been abolished.

3. Arrive at Taxable Income

Taxable income = Gross income – deductions and reliefs

4. Apply the Progressive Tax Rates

Tax each portion of income according to the applicable band.

Worked Example

Annual gross salary: ₦15,000,000

Pension (8%): ₦1,200,000
Rent relief: ₦600,000

Taxable income:
₦15,000,000 − ₦1,200,000 − ₦600,000 = ₦13,200,000

Tax Breakdown:

First ₦800,000 @ 0% = ₦0
Next ₦2,200,000 @ 15% = ₦330,000
Next ₦9,000,000 @ 18% = ₦1,620,000
Remaining ₦1,200,000 @ 21% = ₦252,000

Total tax payable: ₦2,202,000
Marginal tax rate: 21%
Effective tax rate: ~16.7%

Important Notes

Low-income earners, including those below the minimum wage threshold, may be fully exempt.
PAYE administration may vary slightly by state.
For exact figures, taxpayers should consult their state internal revenue service or a licensed tax professional.

Source: Tribune