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WEDNESDAY 9TH OCTOBER 2024

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Lokpobiri: FG Anticipates $50 Billion Investment into Oil Sector Before Year-end Says total deregulation will industrialise economy

Iyobosa Uwugiaren in Abuja With foreign/local investors’ concerns

being addressed, coupled with the “audacious’’ efforts to boost oil production to about 2.7 barrels per

day, the Minister of State Petroleum Resources (Oil), Senator Heineken Lokpobiri, yesterday, said Nigeria

remains a titan of African energy – expecting $50 billion worth of investments in the sector before

the end of the year. The minister who spoke with journalists in Abuja, yesterday, said

that the policy direction of President Continued on page 11

Dangote: We Built Our $20bn Refinery without Single Incentive from Government... Page 5 Wednesday 09 October, 2024 Vol 29. No 10773. Price: N400

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Court Orders INEC to Recognise Abure-Led Labour Party, Extend Party Dues to It Our victory for justice, democracy, says chair

Chuks Okocha and Alex Enumah in Abuja

A Federal High Court in Abuja, yesterday, ordered the Independent

National Electoral Commission (INEC) to accord the Labour Party (LP) under the leadership of Julius Abure all the rights and privileges of a political party duly registered in Nigeria.

Justice Emeka Nwite issued the order while delivering ruling in a suit filed by LP against INEC. Reacting to the news yesterday, Abure described the court pro-

Obi, Otti, CTC resolve to appeal judgement

nouncement as victory for justice and democracy. But the presidential candidate of the party in the 2023 general election, Peter Obi, and the governor of Abia

State, Allex Otti, as well as the caretaker committee headed by Senator Nenadi Usman, agreed to appeal the court judgement. The plaintiff in the suit, marked:

FHC/ABJ/ CS/1271/2024, had challenged the failure of INEC to issue them the Notice of the Refresher Training Continued on page 11

Fubara: We'll Unravel Arsonists Wike: Fubara Broke The Law Governor inaugurates judicial commission on violence Calm returns as council chairmen resume New CP warns troublemakers, vows to restore peace Cole suggests peace meeting for governor, Wike, Amaechi, Odili to address issues Situation threatening national security, Senator Natasha raises concern Chuks Okocha, Olawale Ajimotokan, Emmanuel Addeh, Adedayo Akinwale, Sunday Aborisade in Abuja and Blessing Ibunge in Port Harcourt Rivers State Governor Siminalayi Fubara has said his administration is working with the Nigeria Police and Department of State Services (DSS) to expose those behind the recent attack on council secretariats in Ikwerre, Emohua and Eleme local government areas. Fubara stated that his administration will not watch political thugs run berserk. He said suspects will be arrested and made to account for their atrocities. The governor said his government had inaugurated a judicial commission of inquiry on the killings and blast that took place in the state. But calmness and normalcy returned to the 23 local government areas of Rivers State yesterday, as the elected Continued on page 11

WORLD FOOD PROGRAMME EXECUTIVE DIRECTOR VISITS ELUMELU...

L-R: Executive Director, World Food Programme, Cindy McCain; Founder, Tony Elumelu Foundation (TEF) and Group Chairman, United Bank for Africa (UBA), Tony Elumelu; co-Founder, TEF, Dr. Awele Elumelu, during the visit of McCain to Elumelu at his residence in Lagos, where they discussed pressing challenges such as hunger, poverty and economic empowerment, ... yesterday


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