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

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.
READ ALSO: Just In: Edo 2020: DSS Summons Kabaka, Other APC Leaders
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.”
READ ALSO: Edo Guber: Shooting At Igueben: APC Fingers Delta Gov
“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.”
READ ALSO: Edo Guber: INEC Cautions Politicians On Use Of inflammatory Languages
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.”
READ ALSO: Obaseki Importing Guns, Thugs, APC Alleges
News
Transfer: Premier League Clubs Scramble For Dele-Bashiru
Lazio midfielder, Fisayo Dele-Bashiru is a subject of interest from three Premier League clubs, according to Sky Sports.
Lazio reportedly rejected offers from Nottingham Forest and Bournemouth for the Nigeria international in January.
READ ALSO:Film Premiere: Edo In Talks With Embassies To Promote Safe Migration —Agazuma
La Biancolesti are bracing for more interest in Dele-Bashiru ahead of the summer transfer window, according to Sky Sports.
The 24-year-old has two years left on his contract with the Serie A club.
The attacking midfielder joined the Rome-based club from Turkish Super Lig outfit Hatayspor in 2024.
He has been a regular feature for Lazio this season.
News
Xenophobic Attacks: Nigerian Students To Picket MTN, MultiChoice, Other Businesses
The leadership of the National Association of Nigerian Students, NANS South-West Zone D, has announced plans to picket South African companies in Nigeria following the ongoing xenophobic attacks in the country.
DAILY POST reports that some Nigerians were recently killed in South Africa over the violent attacks.
A statement issued to newsmen by Comrade Adeyemo Josiah Kayode, Coordinator, NANS South-West, Zone D, said that the association is mobilizing to take decisive and lawful action by organizing peaceful picketing and mass advocacy against South African business interests operating in Nigeria.
READ ALSO:Xenophobic Attacks: Oshiomhole Tells FG To Retaliate Against South African Companies In Nigeria
“We categorically state that the continued targeting of Nigerians under any guise is unacceptable and must come to an immediate end.
“This will include major corporations such as MTN Group and MultiChoice Group. It is morally indefensible for businesses to thrive in an environment where the lives of Nigerians are protected, while Nigerians are subjected to fear and violence elsewhere.
“This contradiction will no longer be tolerated,” the statement said.
News
N5m, N10m Zero-interest Loans: SheVentures Opens Applications For Women Entrepreneurs
First City Monument Bank (FCMB) has opened a new round of applications for its SheVentures proposition, offering zero-interest loans of up to ₦10 million to women entrepreneurs to ease access to working capital and support business growth.
The facility provides loans ranging from ₦500,000 to ₦5 million under a general category, and ₦5 million to ₦10 million for sector-specific businesses, with funding capped at up to 50% of an applicant’s average monthly turnover.
At the centre of the offering is a 0% interest rate, with all charges embedded in a transparent structure.
Repayment is structured over four or six months, allowing businesses to match obligations with their cash flow cycles.
READ ALSO:I’ve Been Blacklisted In Music Industry For 13 Years – Seun Kuti
Yemisi Edun, Managing Director and Chief Executive of First City Monument Bank (FCMB), said the initiative reflects a deliberate approach to inclusive growth.
“Inclusive growth requires access to capital and the right conditions for businesses to deploy that capital effectively.
“Women-led enterprises are critical to economic activity, yet they face structural barriers.
This intervention aims to help close that gap by providing financing that supports job creation, business expansion, and long-term sustainability for women entrepreneurs.”
“Access to affordable finance remains a major constraint for women entrepreneurs,” said Nnenna Jacob-Ogogo, Group Head, SheVentures and Impact Segments at First City Monument Bank (FCMB).
READ ALSO:My Beef With Wizkid Is For Life – Seun Kuti
“By removing the cost barrier and offering quick, flexible funding, this zero-interest loan is designed to safeguard existing jobs, enable businesses to invest in growth initiatives, and foster resilience in challenging economic conditions.”
Women-owned businesses account for a significant share of Nigeria’s small and medium-sized enterprises but continue to face high borrowing costs and limited access to credit.
Through these efforts, SheVentures tackles persistent financing gaps facing women-led businesses, combining targeted funding with broader support to empower women entrepreneurs, encourage business innovation, and enhance their ability to compete on a national scale.
Applications for the zero-interest loan are now open.Apply now.
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