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Anxiety rises as Buhari sacks NNPC board + more news, views

Muhammadu Buhari yesterday wielded the big stick on the Nigeria National Petroleum Corporation (NNPC), as he ordered the dissolution of its Board of Directors with immediate effect. The dissolution was contained in a letter to the Board signed by Head of the Civil Service of the Federation, Mr. Danladi Kifasi. In the letter, the President thanked members of the dissolved board for their services to the nation. Members of the Board included the Group Managing Director, Joseph T. Dawha; Group Executive Director, Finance and Accounts, Bernard O.N. Otti; Group Executive Director, Corporate Services, Dan Efebo. Others were Alhaji Abdullahi Bukar; Danladi Wadzani; Prof Olusegun Okunnu; Danladi Kifasi; Steven Oronsaye; and the Coordinator, Legal Services/Secretary to the Corporation, Ikechukwu Oguine. The Minister of Petroleum Resources statutorily heads the Board. The development renewed anxiety in the petroleum sector, as many more heads are expected to roll in the next few weeks.

IS SARAKI RULING HIS PARTY OUT OF ORDER AND ENJOYING IT?
The Senate President, Dr. Bukola Saraki, has denied reports that he is nursing the ambition for presidency in 2019, saying he actually quit his presidential bid in the 2015 election for President Muhammadu Buhari. Saraki stated that he contributed immensely to the emergence of Buhari as President and contributed greatly to his victory in the presidential election held on March 28, 2015. The Senate President, who spoke to select journalists in an exclusive interview in Abuja on Saturday, also denied having plans to dump the All Progressives Congress due to the ongoing crisis in the party over his leadership of the Senate. Rather, he said what remained paramount in his mind at the moment was how to support the Buhari-led administration to tackle the various social and economic problems confronting the country. It is either Saraki knows what to say to win public sentiments or he is sincere and the APC should give him the benefit of doubt. However, if indeed Saraki sees himself as a bona fide APC stalwart why does he no longer attend crucial APC meetings? Hmm…

APC CRISIS: BUHARI MEETS WITH LAWAN GROUP
President Muhammadu Buhari on Friday night met with the Senate Unity Forum led by Senator Ahmad Lawan. Buhari insisted on party supremacy and supported steps taken so far by the leadership of the All Progressives Congress on the National Assembly crisis. The APC, had before the National Assembly leadership election, endorsed Lawan as its sole candidate for the senate presidency, but Senator Bukola Saraki defied the party to emerge as the senate president. Saraki also defied the APC on its choices of principal officers. Instead of reading out party choices on Thursday, Saraki read nominations by the APC zonal caucuses for the positions. The North-East caucus of the party nominated Senator Ali Ndume as the Majority Leader; while the North-West put forward, Bala Na’Allah as the deputy majority leader. The South-South caucus adopted Francis Alimikhena as the deputy chief. Saraki had on Thursday replied to a letter written by the APC National Chairman, Chief John Odigie-Oyegun, saying:“Whilst one is strongly persuaded to toe the party line and act in accordance with the suggested party position, regrettably, clear provisions of our extant rules and standard parliamentary convention have not given me that leeway to act otherwise. Therefore, my hands are tied in the circumstances and I seek your understanding in this regard,” he had said. A senator said that their meeting with Buhari was a fruitful and that after the Senate resumes from recess, “Nigerians will begin to see the effect of the meeting. I won’t say more than that.”

ACURA LAUNCHES NSX 2016, DECIDEDLY MORE SOPHISTICATED
Acura’s NSX 2016 model expected to go on sale soon will no doubt be a dynamic demon in spite of its hybrid power train. That shouldn’t be a problem, as it will combine a twin-turbo V6 with three additional electric motors, two of which will drive the front wheels individually. While the overall shape hasn’t changed since the NSX concept cars started floating around, the production version has grown more than three inches in length, one inch in width, and about a half inch in height. Compared with the original NSX, it is considerably larger, as well, particularly in width, up by 5.1 inches, and wheelbase, which has grown by 11.0 inches. Its space-frame structure is comprised of aluminum, high-strength steel, and “other advanced materials,” with carbon fibre. The car has been refined some more, resulting in a car that looks more extreme in luxury and class.

Sources: THISDAY|PUNCH|VANGUARD|GUARDIAN

Welcome to Sunday June 28, 2015 and enjoy our other news and views of today – HAMILTONSTYLE.

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