Reports
Buhari squanders $3 billion searching for oil in the north
- $3b down the drain, oil in north remains elusive – The guardian Nigeria
- A new directive from Buhari compels NNPC to aggressively pursue oil search in northern Nigeria
- N27billion was spent on oil and gas exploration in the Lake Chad Basin in 2013 with additional $340million budgeted
Stakeholders remain divided about the wisdom in the continued search for hydrocarbon resources in the north, especially as $3 billion has already been sunk without making a commercial find.
About 40 years after the Federal Government started the search for oil in the north, many Nigerians are convinced that its intensification by the President Buhari administration may be more politically motivated, and will end up enriching a few individuals from the region.
Described as a mere geopolitics of oil, some experts insisted that the drive, if not dropped, especially now that the country’s economy is in turbulence, would remain a waste of the nation’s scare resource.
But a new directive from the Buhari-led administration has compelled the NNPC to aggressively pursue oil search in the frontier basins, its Group Managing Director, Maikanti Baru, has said. Regardless of the criticisms, Baru said the corporation would not give up on the mandate given to it by President Buhari to aggressively explore the inland basins, including Anambra, Bida, Benue, Chad, Gongola, and Sokoto.
Baru said based on preliminary results from the exploration in the inland basins so far, especially the Benue Trough, there was a strong indication that commercial quantity oil and gas find would soon be a reality.
This came amid a backlog of over $6billion Joint Venture cash call arrears, lack of support from the International Oil Companies (IOCs), global shift from fossil fuel to renewable energy, loss of interest in encouraging production of already discovered reserves and poor economic outlook.
Rather than continuing with the search, some experts argued that Nigeria should take opportunity of the rise in oil prices at the international market to produce already discovered reserves, and maximise the benefits thereof in view of the global shift to renewables.
While those in favour of the search disregard the economic waste, but are encouraged by the success of oil finds in neighbouring countries like Niger, Chad and others, geologists who are mindful of the soil composition of hydrocarbon reserves, think it’s an effort in futility.
The experts noted that nature has blessed each region of Nigeria with peculiar resources, and while the south is enriched with hydrocarbons, the north is blessed with solid minerals, thus, solid minerals and hydrocarbons cannot coexist.
Industry experts, who spoke with The Guardian, said the persistent push by some northern leaders, including President Muhammadu Buhari, points to an underlining reason far beyond the quest, which is far from being of economic benefit to the country.
Already, there have been visits by some northern governors to the Nigerian National Petroleum Corporation (NNPC) on the issue. The President, Governors Ibrahim Gaidam of Yobe; Aminu Waziri Tambuwal of Sokoto; and Abubakar Badaru of Jigawa states were recently in separate closed-door meetings to discuss oil exploration in the region.
The Executive Director, Civil Society Legislative Advocacy Centre (CISLAC), and Head of Transparency International Nigeria, Auwal Musa, described the move as unnecessary and not in the best interest of the country.
Musa said: “We should not bring regional politics to everything that can benefit the entire country. The project has not been seen as a national effort to diversify revenue. If it is seen as something meant for national interest, I don’t think there is the need for the Sokoto State governor or anyone to lobby. There are signals that it is going to favour one particular region.”
Senator Shehu Sani, during a visit of members of the Kaduna State Students Union to his office in Kaduna, noted that “past leaders have amassed wealth through this venture,” and instead called Buhari to investigate the over $3billion already spent on the project.
This also raises the issue over lack of transparency and accountability in the NNPC, as only Prof. Jerry Gana, in 2013, while serving as chairman of the Northern Nigeria Economic Summit, disclosed that N27billion was spent on oil and gas exploration in the Lake Chad Basin at that time with additional $340million budgeted.
Some, like the Managing Director, Xenergy Gas Limited, Emeka Ene, in response to The Guardian’s enquiry, drew attention to global developments, saying: “OPEC’s World Oil Outlook published in 2016 clearly indicated that global oil demand would start declining from 2030. Natural gas will still be relevant; however, it is imperative that policymakers and oil industry players factor in this shift by incorporating alternative energy in long-term economic and investment decisions moving forward.”
After halting exploration in the Chad Basin, where some experts lost their lives to Boko Haram insurgents, the NNPC has started operations in Nasarawa State, as it is ready to return to the Chad Basin, Sokoto, and Benue among other states in the north.
The IOCs, including, Chevron, Total, and Shell, which had oil blocks in the upper Benue trough, also drilled one well each, bringing the number of wells drilled in the region to 26. Out of the three that were drilled by the IOCs, only the block belonging to Shell had some gas reserves, but the discovery is untested.
According to the co-founder, Sustainability School, Lagos, and Associate Lecturer, Centre for Petroleum, Energy Economics and Law (CPEEL), University of Ibadan, Dr. Olufemi Olarewaju, while the chances of oil discovery in the inland basins, especially in the north cannot be ruled out, the bigger question is whether the timing is in the best interest of the country.
Wondering whether the current drive is more political than economic, in view of current realities, amid a backlog of debts, including outstanding JV cash calls, Olarewaju who worked in the Chad Basin in the 80s, said: “The project appears to be politically motivated and the questions Nigerians should be asking is on the geopolitics of oil. Should we not focus on achieving higher process efficiency in the value chain of proven reserves?”
Analysts insist that now is the time for government to use the already discovered oil reserves to exit from the current mono-product petroleum economy.
The Managing Director, Frontier Oil limited, Dada Thomas, noted: “The world is accelerating the shift from internal combustion engines as power units for transportation to electric-powered vehicles. This means the demand for hydrocarbons as a fuel source will decrease and supply could exceed demand and oil price especially could remain low for a very long time.
“However, the electricity to power electric vehicles will have to be generated by oil, gas, coal and renewables with oil and coal contribution reducing over time. The world is also adopting gas as a more environmentally friendly fuel source. This is good news for countries with substantial gas resources, including Nigeria.”
Stressing the need to diversify energy sources, Thomas argued that countries like Nigeria “with vast oil reserves need to monetise these reserves as quickly as possible, and use the funds to diversify and position their economies for an oil-independent future.
Similarly, a partner at PwC, Cyril Azeobu, argued that renewed exploration in the north may not be in the best interest of Nigeria. “Exploration is not an easy business; it consumes time and money, and the question is: do we want to do that now when you don’t even know what the outcome will be?”
On why it is taking the country such a long time to make any discovery in the region, Azeobu simply said: “The issue is not about the number of years, but whether it should be a priority.”
Also, Prof. Eguakhide Oaikhinan, of Epina Technology, who specialises in mineral resources, insisted that politics must be expunged from the exploration of solid mineral resources, “and come out with an appropriate roadmap for their development.”
But NNPC, and the new leadership of the Nigerian Association of Petroleum Explorationists (NAPE), are convinced that the data gathered so far from the inland basins showed possible signs of commercial hydrocarbon in the region.
NAPE President, Abiodun Adesanya, called for the diversification of the country’s hydrocarbon resource base, saying previous exploration in the inland basins was not good enough.
He said: “There is justification because we all know from the Chadian and Niger side, there’s been commercial discovery. It is the same sedimentary basin that straddles across these international boundaries, so we will be under-performing if we decide not to go and search on our side of the basin and other basins.
“When you look at the experience of Ghana, you may be forced to say they won’t discover oil, but they did. We have seen a similar situation in Senegal, Kenya, Uganda, and Mozambique. No one can say we won’t discover oil in the north. Let’s allow science to determine that,” Adesanya argued.
A geologist and Publisher, Africa Oil and Gas Magazine, Toyin Akinosho, who hinted that no geologist would naturally say no to any exploration, also backed Adesanya. But since private companies are unwilling to invest in the inland basins, Akinoso urged the government to open them up in order to attract international investors.
- With excerpts from The Guardian newspaper
Continue Reading
(DDM) – A dramatic scene unfolded in Aku community, Imo State, as a family burial turned chaotic over allegations of financial settlement demands by the deceased’s first son.
Diaspora Digital Media (DDM) gathered that the first son, identified as Uzoma Nwawere, reportedly blocked the burial of his late mother, insisting that his married sisters and their husbands must “settle” him before interment could proceed.
The incident occurred at the family compound where a large crowd gathered for the ceremony, only for the event to descend into confusion.
Eyewitnesses said Uzoma argued that his late mother and sisters had allegedly disrespected him while she was alive, depriving him of the recognition traditionally accorded to a first son.
A retired police officer at the scene narrated in Igbo that the deceased’s husband, Godwin Nwawere, had passed away earlier, leaving behind Uzoma as the first son and several daughters now married into different families.
The officer alleged that Uzoma had lived in the family compound for years, claiming he was left to fend for himself “on credit” while his sisters enjoyed better treatment.
He accused the daughters of conspiring with their late mother to undermine Uzoma’s status as heir to the family property, a situation that allegedly fueled tensions even before her death.
Reports indicated that Uzoma insisted the burial could not hold in the family compound, which he now claims as inheritance, unless his in-laws complied with his demands for settlement.
A viral video from the scene showed mourners and family members exchanging heated words near a freshly dug grave as light rain drizzled over the area.
In the footage, relatives and sympathizers were seen pleading with Uzoma to allow the burial to proceed, but he reportedly stood his ground.
The argument quickly attracted onlookers, causing embarrassment for the family and disrupting what was expected to be a solemn ceremony.
Cultural analysts say disputes over inheritance and burial rites are common in parts of Igbo land, particularly when tensions exist between sons and married daughters.
They note that first sons traditionally hold significant authority in family affairs, including burial decisions, but such authority can spark conflicts when perceived to be misused.
Social media reactions to the incident have been mixed, with some condemning Uzoma’s action as insensitive, while others argue that cultural norms were ignored by the deceased’s daughters.
As of press time, it was unclear whether the burial was eventually completed or postponed, as efforts to reach the family for clarification were unsuccessful.
(DDM) – The Economic and Financial Crimes Commission (EFCC) has confirmed the arrest of thirty-six suspected internet fraudsters in Port Harcourt, Rivers State.
Diaspora Digital Media (DDM) gathered that the operation was carried out by operatives of the Port Harcourt Zonal Directorate of the anti-graft agency.
The sting operation reportedly took place on Tuesday, August 19, 2025, at various locations within Port Harcourt.
According to EFCC officials, the arrests followed credible intelligence linking the suspects to widespread internet-related fraud.
Authorities disclosed that the crackdown was part of ongoing efforts to curb cybercrime in Nigeria’s southern region.
Recovered items from the suspects included exotic vehicles, a Q-link motorcycle, and several high-end mobile phones.
Laptop computers reportedly containing incriminating documents were also seized during the coordinated raid.
EFCC stated that investigations are ongoing to determine the scale of the fraudulent activities uncovered.
The suspects are expected to face charges in court as soon as preliminary investigations are concluded.
The anti-graft commission maintained that no one would be spared in its fight against cybercrime and financial malfeasance.
Background of EFCC’s operations
The EFCC has intensified its clampdown on internet fraud across Nigeria in recent years.
In 2024, the agency recorded multiple arrests in Lagos, Abuja, and Benin City as part of its cybercrime crackdown.
Cybercrime, popularly called “Yahoo Yahoo” in Nigeria, has continued to tarnish the nation’s international image.
According to law enforcement data, billions of naira are lost annually to internet scams originating from Nigeria.
Experts link the rise of internet fraud to unemployment, economic hardship, and greed among youths.
EFCC has repeatedly urged young Nigerians to explore legitimate sources of income rather than resort to fraudulent schemes.
Port Harcourt under spotlight
Port Harcourt, a major commercial hub in the Niger Delta, has seen a surge in cybercrime activities in recent years.
Authorities believe the city’s thriving nightlife and influx of oil wealth make it a hotspot for fraud syndicates.
Previous raids in 2023 and 2024 led to the arrest of over 150 suspects, with many facing prosecution.
The EFCC warned that more sting operations would follow as part of its ongoing anti-fraud campaign.
Conclusion
The latest arrests signal a renewed drive by the EFCC to dismantle cybercrime networks across Nigeria.
The agency has promised to release further updates as investigations progress and suspects face legal proceedings.
News
Anambra Govt Arrests, Beats Up 18 Journalists Monitoring Senatorial Bye-Election
By Chuks Collins, Awka
The Anambra State Government has reportedly arrested eighteen journalists, who were touring electoral Wards and communities of the 7 Councils that made up the Anambra South senatorial zone where the bye-elections were held on Saturday, August 16, 2025.
Our correspondent reported that the journalists were arrested and detained at gunpoint by the operatives of the Anambra State Vigilante Service, generally known as Udo-Gachi.
The journalists had gone to Nnewi, in Nnewi North, as well as Ukpor, Osumenyi, Ezinifite, Amichi and other communities in Nnewi South LGA of the State to monitor proceedings in the bye-elections.
The journalists, it was learnt, were rushing after the All Progressives Congress (APC) governorship flag bearer, Prince Nicholas Ukachukwu, for his remarks on the day’s process after covering the day’s proceedings.
At a spot, described as Eke Orsumenyi, they were jolted when their vehicle was forcefully stopped.
They were, thereafter, detained for more than three hours, allegedly on the orders of the State ‘s Deputy Governor, Dr. Onyekachukwu Gilbert Ibezim, according to the security operatives.
“Journalists are the problem of Nigeria, they write whatever they like and deceive the people.
“We will deal with you people today,” an overzealous Udogachi operative threatened the journalists.
Some of the journalists and their cameramen were arrested and detained by the vigilante goons.
The journalists include correspondents of The Guardian, Daily Independent, Authority Newspaper, Anambra Broadcasting Service (ABS) Arise TV, TVC, National Vision and National Daily newspapers.
The leader of the over one hundred vigilante operatives who kept surging in with about 20 vehicles said that the arrest was on the instruction of the Anambra State Deputy Governor.
As the altercations continued, the Deputy Governor, in company of Nnewi South LGA Mayor, arrived the scene and ordered a thorough search of the media practitioners.
Information of the development later got to the APC gubernatorial candidate in the November 8 Anambra State governorship election.
Prince Ukachukwu quickly arrived the scene and ensured that the detained journalists were released, insisting that they we’re merely doing their normal civic duties.
Meanwhile, the Independent National Electoral Commission (INEC) has commenced the collation of the bye-election in the seven local government areas that constitute the Anambra South senatorial zone.
(DDM) – Popular Nollywood actor Segun Remi, widely known by his stage name Chief Kanran, has passed away at the age of 72.
The news of his death was confirmed by celebrity journalist Seun Oloketuyi in an Instagram post on Friday morning, though details surrounding the cause of his passing have yet to be disclosed.
Chief Kanran was a celebrated figure in the Yoruba film industry, known for his distinctive style, sharp humor, and commanding presence that endeared him to audiences over several decades.
He was recognized for his memorable performances in numerous stage plays and films, often portraying authoritative and affluent characters, and was considered a household name in Nigerian cinema.
Segun Remi began his career in the arts in the mid-1970s and gained popularity with notable roles in Ola Rotimi’s play “Kurunmi,” and the Lagos Television drama “Aláàfin Kanran” in 1988.
His extensive filmography includes several acclaimed Yoruba films such as “Vigilante,” “Ose-Sango,” “Eri Okan,” “Itunnu,” and “Orire,” among others.
Despite his success, Chief Kanran faced significant personal challenges, including devastating fire incidents that destroyed his home, studio, and equipment, which left him struggling and at one point homeless.
His contributions to Nollywood have been widely celebrated, with colleagues and fans mourning the loss of a veteran actor who left an indelible mark on the Nigerian entertainment industry.
This news comes as the Nollywood community recently mourned other actors, adding to the list of notable film personalities who have passed away this year.
Chief Kanran’s legacy as a pioneer and beloved actor will continue to be remembered by fans and the wider film fraternity.
In a major crackdown on cybercrime, the Economic and Financial Crimes Commission (EFCC) has secured the convictions of three internet fraudsters following a sweeping operation at a hotel located within the precincts of the former President Olusegun Obasanjo Presidential Library (OOPL) complex in Abeokuta.
The operation, which initially saw 93 suspects apprehended, has shone a spotlight on the rising tide of cybercriminal activities in high-profile Nigerian locations, underscoring the agency’s commitment to combating financial crimes in the country’s digital age.
The suspects, Isaac Akinwale, Ibrahim Azeez Olatunji, and Habeeb Oladipupo Oshundairo, pleaded guilty to an array of charges linked to false pretence, identity theft, and illicit acquisition of funds, contravening provisions of the Cybercrimes (Prohibition, Prevention, etc.) Act, 2015 and the EFCC Act, 2004.
Presiding over the proceedings as a vacation judge, Justice Dehinde Dipeolu handed down measured sentences designed both as punishment and deterrence, reflecting the seriousness with which the judiciary views such offences.
EFCC operative Umar Shuaibu revealed that Isaac Akinwale operated a celebrity scam on WhatsApp under female pseudonyms, defrauding a victim of $500.
The court accepted multiple exhibits tendered by prosecution counsel Franklin Ofoma, including a 2007 Toyota Camry, a Samsung Galaxy smartphone, and a N400,000 bank draft, as proceeds and instruments of crime.
Justice Dipeolu sentenced Akinwale to three months imprisonment or an alternative fine of N1million.
Olatunji, convicted for running a romance scam, was sentenced to one month imprisonment or a N500,000 fine.
Oshundairo, who posed as an expert in service certificates and tax preparation through a fraudulent Gmail account, was ordered to perform 30 days community service.
His punishment is publicly symbolic: he must carry a banner with the cautionary message, “Cybercrime Does Not Pay. Stay Away from Cybercrime”.
In a notable twist, fourth defendant Onunoye Fawas Olamilekan entered a not guilty plea to charges of impersonating a nurse on Facebook and controlling $50 acquired via fraudulent transactions.
His counsel disputed the validity of the charges under the Cybercrimes Act, prompting the court to remand him at the Ikoyi Correctional Centre pending further trial in October 2025.
The EFCC had flagged a total of 23 suspects for arraignment, but only four were accommodated by the court during its session, indicating broadening investigations and prosecutions may follow.
This operation marks one of the EFCC’s largest anti-fraud sweeps from a single Nigerian location in recent memory.
The prominence of the Obasanjo Presidential Library as the scene of the arrests dramatically heightened public awareness, raising questions about the security and due diligence in hospitality establishments across the country.
Nigerian authorities continue to escalate efforts against cybercriminals, aiming to assert the rule of law over digital spaces.
The EFCC, empowered by the Cybercrimes (Prohibition, Prevention, etc.) Act and other statutes, urges citizens to remain vigilant online and to report suspicious activities.
With growing internet adoption in Nigeria, law enforcement faces an evolving battle against increasingly sophisticated scams, making deterrent convictions like these a critical step in restoring confidence in Nigeria’s digital ecosystem.
-
Celebrity/Entertainment2 days agoHow Nigerian TikToker Geh Geh Made ₦45 Million in One Night
-
Featured6 days agoYour Attacks on Peter Obi Are Petty, Stop It! Chekwas Rebukes Soludo
-
News5 days agoTension in Anambra community as senior police officer shoots kinsman dead
Colleagues, others try cover-up; victim's family fights back
-
News6 days agoNigerian visa applicants must provide 5-yr social media history — US embassy
-
News4 days agoTerrorist Organisation: APC, PDP Members in US, UK, France Risk Deportation
-
Celebrity/Entertainment6 days agoWhy single mothers can’t raise boys into proper men — Jim Iyke
-
News3 days agoVandal electrocuted while vandalizing Aba power infrastructure
-
News3 days ago15% of Nigerian girls aged 15–19 are mothers or pregnant — FG
-
News2 days agoPeter Obi’s Son Breaks Silence Over His Viral Photos Nigerians Are Talking About
-
News2 days ago
I’m not a gay — Obi’s son Oseloka speaks on viral picture