Again GHL Explains How First Bank Failed to Meet Obligations After Benefits Insists its 50/50 profit share project finance with moratorium, not commercial loan
Emmanuel Addeh in Abuja
General Hydrocarbons Limited (GHL)
yesterday rubbished attempts by the First Bank of Nigeria (FBN) to muddle up the issues relating to its commercial
relationship with the bank on Oil Mining Lease (OML) 120, which is now a subject of disagreement.
Breaking down the deal with FBN, the oil firm in a statement, explained that it never took the so-called loan
from the bank, stressing that what it had with the financial institution was a project finance relationship.
In the matter which is now before Continued on page 5
Donald Trump Moves to Revoke Joe Biden's Security Clearance...
Page 8
Saturday February 8, 2025 Vol 30. No 10898
www.thisdaylive.com TR
UT H
& RE A S O
N400
N
INEC: Almost Two Years After 2023 Elections, Electoral Offences Cases Still Pending Before Courts Reiterates call for electoral offences tribunal
Chuks Okocha and Adedayo Akinwale in Abuja
The Independent National Electoral
Commission (INEC) yesterday expressed concern that almost two years after the conduct of the 2023 general elections, several electoral
offences cases are still pending before courts. INEC Chairman, Prof. Mahmood Yakubu, said this in Abuja, at the first
regular quarterly consultative meeting with the media, on same day the Peering Advocacy and Advancement Centre in Africa (PAACA) commended
President Bola Tinubu and the electoral body for their decisive action in terminating the appointments of three suspended Resident Electoral
Commissioners (RECs) from Adamawa, Sokoto, and Abia states. Continued on page 5
Soludo: We’re Bent on Cleansing Anambra State of Criminals Confirms arrest of killers of lawmaker, gives account of fight against insecurity Umeh condemns gruesome murder
David-Chyddy Eleke in Awka Anambra State Governor, Prof. Chukwuma Soludo, has said that his administration is bent on ensuring that criminal elements in the state, who have been involved in killings and kidnapping are totally wiped out. Soludo was reacting to the recent onslaught against criminals by his newly set up security operation codenamed, Operation Udo Ga Achi, which is spearheaded by the state's new security agency, Agunechemba. This was as the lawmaker representing Anambra Central in the National Assembly, Senator Victor Umeh, has condemned the gruesome murder of Hon. Justice Azuka, who represented the people of Onitsha North 1 Constituency in the Anambra State House of Assembly. The governor confirmed that in a Thursday night operation, in Owerre-Ezukala in Orumba South Local Government Area of the state,
about 15 criminals were shot dead by the operatives and 13 of them captured alive. The governor during an exclusive interview with THISDAY also confirmed that six people involved in the kidnap and killing of a state lawmaker, Hon. Azuka had been arrested. Azuka was kidnapped in Onitsha on Christmas eve, while travelling home for the holiday, but on Thursday morning, his remains were found dumped at the foot of the Second Niger bridge. Speaking on his exploits in the area of security, Soludo said: "When we arrived here, eight local government areas were under siege, me and other fellow candidates in the 2021 election could not campaign in such places. In fact, a fellow contestant, Mr. Agbasimalo was kidnapped, right from his convoy and he has Continued on page 5
Nigeria Launches Contactless STRENGTHENING PARTNERSHIP... R-L: President of IHK Giessen-Friedberg Chamber of Commerce and Industry, Dr. Matthias Leder; Minister of Interior, Dr. Olubunmi Tunji-Ojo, and Passport in Europe... Page 6 former Minister of Information and Culture, Alhaji Lai Mohammed, during a meeting at the Minister’s office in Abuja…yesterday