News
How Buhari Blocked My Bid To Purchase Oil Field – Elumelu
Published
1 year agoon
By
Editor
Chairman of Heirs Holdings, Tony Elumelu, has accused former President Muhammadu Buhari of blocking his bid to acquire an oil field.
He revealed this in an interview with the Financial Times, highlighting a contentious decision made by the previous administration.
Elumelu alleged that he had been looking to purchase the oilfield since 2017 and raised $2.5bn for it, but Buhari and his late Chief of Staff, Abba Kyari, blocked the deal.
He stated that he was advised Nigeria could not permit something of such strategic importance to be handled by a private operator.
“The rejection defied logic,” Elumelu expressed in the interview, highlighting his disbelief at the administration’s decision.
READ ALSO: #EndBadGovernance: Police Arrest Gov Candidate, Others In Ondo Protest
“We would have been purchasing it from a foreign company, so why was it such an issue?”
Elumelu, also the chairman of United Bank for Africa (UBA), emphasized that his company’s offer was not merely a business transaction but a potential boost to Nigeria’s economy by retaining valuable assets within the country.
“We wanted to become a Fortune 500 company and we estimated what we needed. It’s not naira, it’s huge dollars. Energy security is crucial for a country that doesn’t produce enough electricity for its roughly 200 million citizens,” he added.
On Japa syndrome, Elumelu declared, “I support it, totally. “I don’t have a problem with people saying ‘I’m going to Canada, UK or US.’
“Joblessness is the betrayal of a generation. You’ve gone to school and come back with your dreams and aspirations and you don’t have the opportunity . For people who decide to find solutions elsewhere, no one should stop them. But for those who decide to stay, they should try to create an impact and build a legacy.”
Elumelu also recounted his struggles with oil theft, which has been a persistent issue plaguing the Nigerian petroleum industry.
He said, “The reason Nigeria is unable to meet its OPEC production quota is not because of low investment but because of theft, pure and simple! Meanwhile, oil-producing countries are smiling as their foreign reserves are rising. What is Nigeria’s problem? We need to hold our leaders more accountable!”
You may like
Buhari Was Angel In Human Flesh – Bisi Akande
Buhari Never Politicised Judiciary – Ex-Bayelsa Gov
“May May The South Of Former President Bola…,” Uzodinma Trends After Public Gaffe
Nigerians Spent Over $3.6bn Annually On Foreign Healthcare Under Buhari
Inside £3,500 Per day Elite London Clinic Where Buhari Died
Why UNIMAID Was Renamed After Buhari – Education Ministry
News
INEC CVR: CSO Expresses Worry Over Poor Deployment Of Machines, Manpower To LGs In Edo
Published
2 hours agoon
August 29, 2025By
Editor
By Joseph Ebi Kanjo
Edo Civil Society Organisations (EDOCSO) has expressed worry over the poor deployment of capturing machines and manpower to Igueben Local Government Area of the state by the Independent National Electoral Commission (INEC) in the ongoing Ongoing Continuous Voters Registration (CVR).
The Coordinator, EDOCSO, Igueben Study Centre, Leftist Enabulele Larry, and Secretary, Leftist Mark Akande expressed the CSO sentiment when the duo visited the INEC headquarters in Igueben where the CBR in the local government is taking place.
In a statement made available to INFO DAILY on Friday, the leadership of EDOCSO, Igueben Study Centre condemned the “use of only two capturing devices in a local government with over 69, 396 in population.”
READ ALSO:Things To Know As INEC Begins Physical Voter Registration Monday
The duo noted in the statement that their findings at the INEC headquarters revealed two capturing machines were deployed to each local government across the 18 local government areas of the state.
The civil society members said INEC excuse of deploying two capturing machines to each local government was not germane enough because many do not have a computer or android phone to do the online registration INEC gave as an excuse.
“The question here is, what is the percentage of our people mostly the aged individuals, that have access to Android mobile and other internet gadgets in Edo state?
READ ALSO: ADC: Why INEC Has Not Recognised David Mark, Others
“How many people can afford internet data to enable them have access internet services in Edo state under the current excruciating economic pains by the people?
“How many of the Edo people can even manipulate the Android mobile phone to the extent of navigating the internet hurdles to undertake the job is INEC? If INEC is not ready for the job, they should tell Nigerians.
“If citizens are now advised to individually undertake the statutory job of INEC, of what purpose does the commission serve to the people? etc,” they said.
As at when filing this report, INFO DAILY was yet to get a reply from the message sent to the INEC in Edo for reaction.
News
Edo Sports Commission Boss Celebrates Okpehbolo On Birthday
Published
7 hours agoon
August 29, 2025By
Editor
The Executive Chairman of the Edo State Sports Commission, Hon. Amadin Desmond Enabulele, has felicated with Governor Monday Okpebholo, on the occasion of his birthday.
In a statement issued on Friday by his Media Officer, Edoko Wilson Edoko, Enabulele Okpebholo as a visionary leader whose dedication to the growth and development of the state has continued to inspire confidence and admiration across all sectors, especially sports.
Enabulele, who highlighted the governor’s unwavering commitment to youth empowerment through sports development, noted that under his leadership, Edo State has witnessed significant strides in grassroots sporting initiatives and infrastructure.
READ ALSO: Enabulele Confident Of Team Edo’s Success At 2025 NYG
“His Excellency, Senator Monday Okpebholo, is not just a political leader but a beacon of hope for the younger generation.
“His passion for excellence and inclusive governance is evident in the way he has continued to support policies that uplift our youths and promote sporting excellence,” the statement read.
The Executive Chairman prayed for long life, good health, and continued wisdom for the governor as he steers the affairs of the state towards greater prosperity.
“On behalf of the entire Edo State Sports Commission, I extend our warmest birthday wishes to His Excellency at 55. May this new chapter of his life be filled with more accomplishments and divine grace,” he added.

The Oba of Benin, Ewuare II, has suspended two of his chiefs for falling for dereliction of duties.
This was contained in a statement signed by the Secretary to the Benin Traditional Council (BTC), Frank Irabor and made available to journalists in Benin City.
He said their suspension was as a result of their long absence from the palace, resulting in their failure to carry out their palace responsibilities.
The suspended persons are: Chief John Igiehon, the Izuwako of Benin and chief Aimiukpomonyako Oghogho (Ebengho), the Oyenmwensoba of Benin.
READ ALSO: Oba Of Benin Suspends 67 Dukes
“The under-mentioned two (2) chiefs have been suspended from the Palace of the Oba of Benin.
“This is as a result of their long absence from the Palace, resulting in their failure to carry out their Palace responsibilities.
“The public is advised to be wary of unscrupulous chiefs that are no longer functioning in the Palace. His Royal Majesty has approved their _ Suspension and directed the public be duly informed.
“The names of the chiefs are: – ; 1. CHIEF JOHN IGIEHON, THE IZUWAKO OF BENIN and, _ 2 CHIEF AIMIUKPOMONYAKO OGHOGHO (EBENGHO), THE OYENMWENSOBA OF BENIN”, the statement said.
- INEC CVR: CSO Expresses Worry Over Poor Deployment Of Machines, Manpower To LGs In Edo
- Three Killed As Suspected Bandits Ambush Motorists In Kwara
- Suspected Amasiri Warriors Invade Ebonyi Community, Behead Farmer Amid Land Dispute
- DSS Charges Nine Over Benue, Plateau Massacres
- Marafa’s Loyalists Quit APC, Cite Neglect Of Zamfara
- Why I’d Choose Tinubu Over Obi – Adeyanju
- Edo Sports Commission Boss Celebrates Okpehbolo On Birthday
- Oba Of Benin Suspends Palace Chiefs
- Lawyers Fault EFCC Statement, Say It’s Misleading
- Tricycle Riders Sentenced To Five Years Over WhatsApp Group Mobilising Protest Against Nigerian Gov
Trending
- Politics4 days ago
[BREAKING] Edo: APC Suspends Ex-senatorial Aspirant Of Party
- News4 days ago
NAFDAC Warns Of Fake Postinor-2 In Circulation
- Headline4 days ago
US Comedian Reggie Carroll Shot Dead In Mississippi
- Metro5 days ago
UNIZIK Suspends Doctors, Nurses, Security Personnel Over 100-level Student’s Death
- Headline4 days ago
US Defends New Social Media Vetting For Nigerian Visa Applicants
- News1 day ago
JUST IN: Immigration Hikes Passport Fees To N100,000, N200,000
- Politics4 days ago
PDP Zones 2027 Presidential Ticket To South
- Politics4 days ago
Why APC Candidates Contested 2023 LG Election Despite Intimidation — State Chairman
- Sports4 days ago
Brazil Names Squad Without Neymar, Vinicius For World Cup Qualifiers [FULL LIST]
- Headline4 days ago
Again, Russia Claims Another Village In Ukraine’s Region