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Recently Signed Petroleum Industry Bill, Another Recipe For Anarchy – Gov Diri

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Bayelsa State Governor, Douye Diri, has said the recent passage of the Petroleum Industry Acts (PIA), by President Muhammadu Buhari, is a recipe for anarchy in the country.

Diri claims the passage is yet another step taken to subordinate oil-producing states, making it more like a subordinate and superordinate relationship.

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The governor noted that there’s a missing gap in the relationship of the state, the Niger Delta region and the government at the centre.

Diri made the remark on Friday evening during the Independence Anniversary Dinner celebration at the DSP Alamieaeigha banquet hall, Yenagoa, the state capital.

“There’s a missing gap in the relationship of our dear state, the region and the federal government. The point is that even as Christians we worship God on Sundays, while the Moslems on Fridays, yet we still have sins therefore in the same vein we will not be tired of talking about justice and freedom for the state and the Niger Delta region.

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”May I appeal to those who are aggrieved to stop the bloodletting across the country, just recently we lost very meaningful Nigerians in Anambra State; that is an ill wind that will not our state good. Let us look for dialogue to resolve our differences, we know it is painful when people shove aside dialogue.

“I have always reminded people that for those who make peaceful change impossible, violent change becomes inevitable. Let us not tread the route and road of violent change, this country is blessed and I believe the founding fathers have seen the greatness and not the misery of Nigeria.”

On the issue of diminishing oil, he said there is a forecast that soon nobody will trade on oil, therefore while the oil lasts, just 13 percent is given to host communities and 87 percent taken by the federal government, the people must continue to talk about it.

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He called for diversification into other areas of revenue generation not explored and appealed to leaders in the state to support his administration to succeed.

“I will remind us that we have to look into diversification so we can have more development. Let us also play politics according to the rules, and not politics of thumb. I believe if we play according to rules, we will transit from one developing government to another development-oriented government because ultimate power belongs to the people. Let us build strong institutions instead of strong humans, so our institutions can outlive us.

READ ALSO: FG’s Neglect Of N’Delta Cause Of Hostility, Environmental Problems – Diri

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”This is the time we Bayelsans need to exhibit that spirit of oneness and unity shown during the creation of the state.”

(DAILY POST)

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Oil Prices Drop After Iran Reopens Strait Of Hormuz

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Global oil prices dropped sharply on Friday after Iran signalled that the Strait of Hormuz would remain open to commercial shipping during a temporary ceasefire in the Middle East.

Benchmark crude prices fell by more than 10 per cent, with West Texas Intermediate (WTI) slipping below $85 per barrel, while Brent crude declined to about $89 per barrel.

The decline follows comments by Iran’s Foreign Minister, Abbas Araghchi, who said commercial vessels would be allowed to transit the strait for the duration of a 10-day ceasefire involving Israel and Lebanon.

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The truce, which began on Thursday, is reported to include the Iran-backed group Hezbollah.

READ ALSO:Crude Oil Prices Jump As Fear Mounts On Fresh Domestic Petrol Hike In Nigeria

Oil prices had surged above $100 per barrel in recent weeks amid heightened tensions in the region, with WTI reaching nearly $113 per barrel earlier this month and Brent climbing above $119 in late March.

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Analysts say the reopening of the key shipping route has eased supply concerns in global energy markets.

Brian Therien, a senior investment strategist at Edward Jones, noted that oil futures are now trending lower, with projections suggesting prices could fall to the low $70 range by the end of the year. He added that a sustained drop in prices could help reduce inflationary pressures globally.

The Strait of Hormuz, which links the Persian Gulf to the Arabian Sea, is one of the world’s most critical oil transit routes, accounting for roughly one-fifth of global oil and liquefied natural gas shipments.

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READ ALSO:JUST IN: Trump Orders US Naval Blockade Of Strait Of Hormuz

Shipping through the passage had been disrupted during the conflict due to security concerns, including threats of attacks and the presence of naval mines.

An Iranian official told Reuters that vessels moving through the strait during the ceasefire would be required to use designated safe lanes approved by Iranian authorities, while military ships would not be permitted to pass.

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Despite the announcement, some shipping firms remain cautious. German carrier Hapag-Lloyd said it is still reviewing the situation before resuming operations in the area.

Meanwhile, Knut Arild Hareide of the Norwegian Shipowners’ Association welcomed the development but warned that uncertainties remain, particularly regarding maritime safety, operational guidelines, and the potential risks posed by unexploded sea mines.

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You Can’t Go To US With Good Feelings Since Trump Returned To Power – Sports Legend

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Germany legend, Oliver Kahn, has insisted that one cannot go to the United States with ‘good feelings’ since President Donald Trump returned to the Presidency.

Kahn stated this while speaking to Sky Sport Germany about the upcoming World Cup, which is to be held in the US, Mexico and Canada.

According to the former Bayern Munich goalkeeper, there are so many things happening in the US at the moment that are no longer compatible with ‘values’.

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READ ALSO:Trump Tired Of War In Iran – Shehu Sani

There are simply so many things happening in the USA right now that are no longer compatible with our understanding of values,” Kahn said.

One example was the war, but I don’t want to list everything Donald Trump has been doing there since he returned to the presidency.

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“You can’t go there with a good feeling at the moment.”

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Trump Bows To Pressure, Deletes Post Depicting Self As Jesus

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United States President, Donald Trump, has deleted a social media post that appeared to portray him as Jesus, following backlash and rising tensions with Pope Leo XIV over the Iran war.

The image, shared on Truth Social late Sunday, showed Trump as a Christ-like figure healing the sick, surrounded by American flags and eagles.

The post came shortly after the president criticised the pope for opposing the war with Iran.

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By Monday morning, the image had been removed from his account. A previous link to the post now leads to a notice stating the “content is no longer available.”

READ ALSO:JUST IN: Trump Orders US Naval Blockade Of Strait Of Hormuz

Speaking later at the White House, Trump denied the interpretation of the image and said he believed it depicted him differently.

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I did post it, and I thought it was me as a doctor, and had to do with the Red Cross,” he told reporters at the White House.

He dismissed claims that the image portrayed him as Jesus, blaming the media for the narrative.

“Only the fake news” could come up with the idea that it depicted him as Jesus.

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READ ALSO:I Have To Be Involved In Choosing Iran’s Next Leader – Trump

“I just heard about it, and I said, ‘How did they come up with that?’ It’s supposed to be me as a doctor making people better. And I do make people better,” he said.

The development comes amid an ongoing public disagreement between Trump and Pope Leo XIV over the Iran war.

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The pope said Monday he has “no fear of the Trump administration” and would continue to speak out, despite criticism from the president, who described his stance as “terrible for foreign policy.”

Leo, the first American pope, has intensified his criticism of the war in recent days, condemning Trump’s remarks about the Iranian people as “truly unacceptable.”

(CNN)

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