$225M Debt: GHL Disputes FBN’s Claims, Insists It’s Not Indebted to the Bank Declares financial firm scheming to take over company as moratorium subsists pending commercial oil production Accuses FBN of fraudulently obtaining order freezing bank accounts Dismisses allegation of diversion as wicked, malicious, false, injurious and libellous
Alex Enumah in Abuja Contrary to claims of alleged debt to First Bank of Nigeria (FBN) Plc,
the management of the General Hydrocarbons Limited (GHL), has disputed any such claims, insisting it was not indebted to the bank let
alone in the sum of $225 million. Setting the record straight, GHL, which cited several agreements between it and FBN, explained that
there was a subsisting moratorium pending the commercial oil production. In addition to this, it also stated
that there was a Federal High Court judgement in its favour, adding further that FBN's claim of indebtedness, especially in the
media space was "misleading and malicious". Continued on page 5
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Archbishop Kaigama: Tinubu Needs to Match Message of Hope with Actions Insists Maitama Church stampede not due to negligence
Onyebuchi Ezigbo in Abuja
Catholic Archbishop of the Abuja,
Most Rev. Ignatius Kaigama, has urged President Bola Tinubu to keep to his New Year pledge to
drive down current high inflation figure from 34.6 percent to 15 percent. He also enjoined the president to
make good his promise to intensify efforts to boost food production and end starvation of citizens in the new
year. While delivering his Homily at a Special Memorial Church Service in
honour of victims of the December Continued on page 5
Obasanjo: How Abacha Rebuffed Efforts By Carter, Others to Secure My Freedom Recalls how Abacha remained adamant despite mediation by respected global leaders Says ex-US president stuck out his neck to save him Describes him as a true friend with whom he shared many things
James Sowole in Abeokuta
In an emotional tribute to ex-United States President Jimmy Carter, who died recently at the age of 100, former Nigerian President Olusegun Obasanjo, yesterday, recalled how the late American leader and other respected world leaders met with former military dictator, Gen. Sani Abacha, to try to secure his release from detention. Obasanjo said in spite of the interventions, Abacha remained unbending and reneged on some of the understanding he had with them. Carter, the longest-lived president of the United States and the first to reach the age of 100, died on December 29 last year. Abacha, who died on June 8, 1998, had tried and convicted Obasanjo on what turned out to be trumped-up charges of planning a coup. But Obasanjo’s initial death sentence was commuted to life imprisonment. Continued on page 5
WOMEN 'STRENGTHENING BONDS FOR A GREATER AFRICA’...
L-R: Delta State Commissioner for Humanitarian Affairs, Community Support Services and Girl Child Development, Orode Uduaghan; Wife of former Senate President, Mrs. Toyin Saraki; Wife of Kwara State Governor, Mrs. Olufolake Abdulrazag; Convener, Elevate Africa, Olori Atuwatse III; and Minister of Women Affairs, Imaan Sulaiman-Ibrahim, at the Women Allying Women themed 'Strengthening Bonds for a Greater Africa' organised by Olori Atuwatse III, in Lagos… recently
Govs, Nigerian Leaders Honour Servicemen at Armed Forces Remembrance Day Salute...
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