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Just In: Tinubu Announces Resolution Of OPL 245 Dispute.
President Bola Ahmed Tinubu has announced the successful resolution of the long-standing dispute over Oil Prospecting Licence (OPL) 245, following a settlement agreement between the Federal Government, Eni, and Nigerian Agip Exploration Limited.....KINDLY READ THE FULL STORY HERE▶
The announcement was made during a meeting at the Presidential Villa in Abuja, attended by Eni’s CEO Claudio Descalzi, COO Guido Brusco, Head of Sub-Saharan Region Mario Bello, Managing Director of Nigerian Agip Exploration Fabrizio Bolondi, and the President’s Special Adviser on Energy, Olu Arowolo-Verheijen.
The development was confirmed in a statement by Tinubu’s Special Adviser on Information and Strategy, Bayo Onanuga.
According to the presidency, the agreement ends a dispute that has lasted over 15 years, restoring stability to one of Nigeria’s most commercially promising deepwater oil blocks. Signed in Abuja, the settlement clears the way for renewed development activities in the offshore block.
Officials noted that the resolution paves the way for the Final Investment Decision (FID) on the Zabazaba–Etan deepwater project, which is expected to significantly boost Nigeria’s crude oil production. With the dispute settled, the project is projected to add roughly 150,000 barrels of crude oil per day to the nation’s output.
The Zabazaba–Etan development is also anticipated to strengthen Nigeria’s long-term energy outlook and attract further investment into the oil and gas sector. President Tinubu described the settlement as a strategic milestone in his administration’s economic reform agenda.
“This resolution sends a clear signal to global investors that Nigeria is prepared to address legacy issues transparently, uphold the rule of law, and create a stable environment for long-term capital,” Tinubu said.
Commenting on the agreement, Arowolo-Verheijen noted that the settlement represents a significant improvement over the 2011 resolution, reflecting reforms introduced under the Petroleum Industry Act. She emphasized that the revised framework balances investor confidence with enhanced benefits for Nigeria.
“The updated terms provide clarity and predictability for major deepwater investments while ensuring stronger value creation and protections for the Federation,” she added.
The presidency stated that the settlement is part of broader reforms since 2023 aimed at improving Nigeria’s competitiveness in the global energy market. Anchored in the Petroleum Industry Act and supported by executive actions, these reforms have helped attract renewed investor interest and capital inflows into the oil and gas sector.
“By resolving the OPL 245 dispute, the Federal Government has removed a major legacy risk in Nigeria’s upstream sector and reinforced its commitment to predictable regulation and transparent governance,” Arowolo-Verheijen said.
President Tinubu also commended institutions and stakeholders involved in achieving the settlement, including the Office of the Attorney General of the Federation, the Ministry of Petroleum Resources, the Nigerian Upstream Petroleum Regulatory Commission, and NNPC Limited.
The presidency highlighted that the resolution demonstrates the administration’s determination to unlock Nigeria’s strategic energy assets and ensure that the country’s natural resources contribute to economic growth, job creation, and long-term prosperity for Nigerians.
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Police Arrest NSCDC Officer With Pistol, 17 Bullets At Abuja Kubwa Market.
An officer of the Nigeria Security and Civil Defence Corps (NSCDC) has been arrested for allegedly firing gunshots into the air during a confrontation with traders at Kubwa Market in Abuja.....KINDLY READ THE FULL STORY HERE▶
The officer, identified as Onoja Samuel, reportedly arrived at the market armed with a pistol following allegations that some traders had assaulted his wife.
The Federal Capital Territory (FCT) Commissioner of Police, Ahmed Mohammed Sanusi, disclosed the incident while addressing journalists at the command on Wednesday, Naija News reports.
Sanusi said the police received a distress call from Kubwa Market, located in the Bwari Area Council, reporting that a man was shooting into the air.
Following the report, officers attached to the Kubwa Police Division were deployed to the scene, where they arrested the suspect.
According to the police commissioner, preliminary investigations revealed that Samuel holds the rank of Deputy Superintendent of Corps (DSC) in the NSCDC.
He explained that the officer allegedly fired several shots during an argument with the traders.
“During the ensuing argument with the traders, Onoja Samuel, who is a DSC with the NSCDC, fired several shots into the air,” Sanusi said.
The police recovered a CZ pistol and 17 rounds of live 9mm ammunition from the suspect.
Sanusi added that Samuel remained in police custody and would be charged in court upon the conclusion of investigations.
The commissioner also urged personnel of other security agencies operating in the FCT to exercise restraint and notify the police divisions responsible for their areas before conducting authorised operations.
He stressed that effective coordination among security agencies was essential to preventing confrontations and maintaining peace across the territory.
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‘We Don’t Want Another Mohbad Case’ – Laolu Gbenjo Speaks On Toluwanisings.
Nigerian gospel singer Laolu Gbenjo has cautioned the public against spreading unverified information about the circumstances surrounding the death of his colleague, Bayonile Bolaji, popularly known as Toluwanisings.....KINDLY READ THE FULL STORY HERE▶
Gbenjo’s warning comes amid growing controversy surrounding the late singer’s death and burial arrangements, with reports of disagreements among members of his family.
The gospel singer spoke on Tuesday during a night of tributes held in honour of Toluwanisings in Ibadan, Oyo State. He warned against allowing the situation to degenerate into a controversy similar to the one that followed the death of Nigerian singer Mohbad.
Describing the deceased as a devoted Christian and a genuine servant of God, Gbenjo said Toluwanisings was passionate about his faith and had a good relationship with people.
He urged the public to stop fuelling unnecessary controversy over the late singer’s death, particularly through social media platforms such as TikTok and Instagram.
“You can never see Toluwani in the midst of jobless people. He had a good heart. He was a friend to everybody. He served the Lord with all his heart. Don’t turn Toluwani into Mohbad. That madness on TikTok and Instagram must stop. If you are jobless, go and look for a job,” Gbenjo said.
Meanwhile, comedians Ayobami Ajewole, popularly known as Woli Agba, and Olamide Oladimeji, also known as Dele Omo Woli, have threatened legal action against individuals allegedly linking them to Toluwanisings’ death.
Woli Agba disclosed this in a public notice shared on his Instagram page on Sunday.
In the notice issued by their solicitors, Gemgold, the comedians warned members of the public against publishing or circulating allegations they described as false and defamatory against them.
The legal notice maintained that the allegations were baseless and intended to damage the reputations of the two entertainers.
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El-Rufai’s ₦1bn Legal Battle Takes New Turn As Court Fixes Judgment Date.
The Federal High Court in Abuja has fixed December 2, 2026, for judgment in the ₦1 billion fundamental rights suit filed by former Kaduna State Governor, Nasir El-Rufai, against the Independent Corrupt Practices and Other Related Offences Commission (ICPC) and other respondents.....KINDLY READ THE FULL STORY HERE▶
Justice Joyce Abdulmalik set the date after lawyers representing the parties adopted their respective court processes.
However, El-Rufai’s lawyer was absent when the case was initially called. The judge subsequently deemed the former governor’s filed processes adopted.
Counsel to the ICPC, Abdul Mohammed (SAN), adopted the commission’s court processes and urged the judge to dismiss the suit in its entirety.
Similarly, the lawyer representing the Inspector-General of Police, ACP Ezekiel Rimamsomte, and Maimuna Lami-Shiru, Director of Civil Litigation and Public Law, who appeared on behalf of the Attorney-General of the Federation (AGF), adopted their respective processes and asked the court to dismiss the case.
During the proceedings, El-Rufai’s lawyer, Ubong Akpan, arrived in court and apologised for his lateness.
When Akpan sought the court’s permission to adopt his client’s processes, Justice Abdulmalik informed him that the documents had already been deemed adopted.
The judge subsequently adjourned the matter until December 2, 2026, when judgment is expected to be delivered.
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