Akpabio Tries To Exclude Kogi Central From N140 Billion Development Fund

[Chukwuemeka Okala]

Akpabio Tries To Exclude Kogi Central From N140 Billion Development Fund. And That's The Root Cause Of The Most Recent Altercation Between Sen Natasha And Other Senators

https://www.facebook.com/share/v/1Mxaep6iSu/?mibextid=wwXIfr

Emeka Reuben Okala

London, UK

"Faith and reason are not necessarily opposed. But when reason won't take you another step, faith keeps on going because it connects you to God."

[OBI KENOBI]

The deadliest mushroom in the forest does not look dangerous. Neither does spiritual deception. A meditation on counterfeit life and hidden destruction.

https://donkenobi.blogspot.com/2026/02/counterfeit-bread-when-death-looks-like.html

If you will not fight for right when you can easily win without blood shed; if you will not fight when your victory is sure and not too costly; you may come to the moment when you will have to fight with all the odds against you and only a precarious chance of survival. There may even be a worse case. You may have to fight when there is no hope of victory, because it is better to perish than to live as slaves. - Sir Winston Leonard Spencer Churchill (1874-1965)

[femi Olajide]

Kayusee,

Shut the fuck up?

Even the deaf, dumb, blind and stupid man could have predicted what will happen to El Rufai.

Stop saying you said it about a week ago as if you have any monopoly to deduce a reaction to an action.

I beg shut up and keep quiet.

Regards,

Femi Olajide

On Wednesday, 18 February 2026 at 23:55:26 GMT+1, Kayode Adebayo <kayu...@yahoo.com> wrote:

I said it about a week ago that Hellrufai will soon be in big trouble with the SSS for bugging Ribadu's phone and for making bogus allegation that Ribadu procured Thallium Sulphate from Poland and his ass has now been arrested by the SSS like I said it would. It's inescapable. It's a National Security issue. The fool is now in the SSS Zoo where he belongs.

Kudos to the SSS.

Kayode 

DSS arrests former Kaduna Governor, El-Rufai shortly after EFCC release

Daily Post 

Former Kaduna State Governor, Nasir El-Rufai, was arrested by operatives of the Department of State Services, DSS, shortly after being released on bail by the Economic and Financial Crimes Commission, EFCC, according to Premium Times.

El-Rufai, who was granted bail at around 8 p.m., was immediately picked up by DSS operatives who reportedly lay in wait at the EFCC headquarters.

His arrest is reportedly linked to allegations that he unlawfully intercepted the phone communications of the National Security Adviser, NSA, Nuhu Ribadu.

The former governor, a prominent chieftain of the African Democratic Congress (ADC), had earlier honoured the EFCC’s invitation on Monday over alleged corruption linked to his administration.

He arrived at the EFCC headquarters accompanied by hundreds of his supporters

This development comes after El-Rufai narrowly escaped arrest at Nnamdi Azikiwe International Airport, Abuja, last Thursday.

Following the airport incident, he accused NSA Nuhu Ribadu of orchestrating the attempted arrest in a series of interviews.

On Wed, Feb 18, 2026 at 5:14 PM, Kayode Adebayo

<kayu...@yahoo.com> wrote:

I've been waiting all my life for this day and it finally happened. I've been advocating this for a long time. This will curb the lootocracy at NNPC and associated agencies in Nigeria. As a matter of fact, Tinubu should make this permanent by sending a bill to the National Assembly to make it a law. Single Treasury Account is the way to go for NNPC to prevent looting and diversion of Nigeria's oil earnings. If this had been in place, people like Diezani Alison and several others wouldn't have been able to loot billions from the NNPC.

Kudos to Tinubu!

Kayode 

Tinubu signs Executive Order for remittance of oil, gas revenue to federation account

Daily Post 

Pesident Bola Tinubu has signed an Executive Order, EO, to safeguard and enhance oil and gas revenues for the Federation, curb wasteful spending, eliminate duplicative structures in this critical sector of the national economy, and redirect resources for the benefit of the Nigerian people.

President Bola Tinubu has signed an Executive Order, EO, to safeguard and enhance oil and gas revenues for the Federation, curb wasteful spending, eliminate duplicative structures in this critical sector of the national economy, and redirect resources for the benefit of the Nigerian people.

His Special Adviser on Information and Strategy, Bayo Onanuga disclosed this in a statement on Wednesday, stressing that Tinubu signed the EO in pursuance of Section 5 of the Constitution of the Federal Republic of Nigeria (as amended).

DAILY POST reports that the Executive Order is anchored on Section 44(3) of the Constitution, which vests ownership, control, and derivative rights in all minerals, mineral oils, and natural gas in, under, and upon any land in Nigeria, including its territorial waters and Exclusive Economic Zone, in the Government of the Federation.

According to the statement, the directive seeks to restore the constitutional revenue entitlements of the Federal, State, and Local Governments, which were taken away in 2021 by the Petroleum Industry Act, PIA.

The PIA created structural and legal channels through which substantial Federation revenues are lost through deductions, sundry charges, and fees.

Under the current PIA framework, NNPC Limited retains 30 per cent of the Federation’s oil revenues as a management fee on Profit Oil and Profit Gas derived from Production Sharing Contracts, Profit Sharing Contracts, and Risk Service Contracts.

The statement noted that given the existing 20% retention, the additional 30% management fee is considered unjustified by the Federal Government, as the retained earnings are already sufficient to support the functions NNPCL performs under these contracts.

“NNPC Limited also retains another 30% of its oil and profit gas under the production sharing, profit sharing, and risk service contracts, as the Frontier Exploration Fund under sections 9(4) and (5) of the PIA. A fund of this size, being devoted to speculative exploration, risks accumulating large idle cash balances, which would encourage inefficient exploration spending, at a time when government resources are urgently needed for core national priorities, including security, education, healthcare, and energy transition investments.

There is also the Midstream and Downstream Gas Infrastructure Fund (MDGIF) under Section 52(7)(d) PIA, funded by the collection of gas flaring penalties provided under Section 104. The fund is to be used for supporting environmental remediation and relief for host communities impacted by gas flaring.

“However, section 103 of the PIA has already established a dedicated Environmental Remediation Fund, administered by NUPRC, specifically designed to fund the rehabilitation of communities negatively impacted by upstream petroleum operations, including gas flaring. Furthermore, Section 103 already imposes a fee on lessees to contribute to this fund for precisely this purpose,” the statement read in part.

Kayode

On Tue, Feb 17, 2026 at 11:01 PM, Kayode Adebayo

<kayu...@yahoo.com> wrote:

Pastor Emeka Okala:

Your Kaboom Kaboom girlfriend called Natasha Akpoti-Ijoko is looking for money to loot. She is not a committee member, yet she went to the North Central Committee meeting to crash their meeting, thinking they were sharing money. There was no N140 Billion Development Fund. The committee was only having a regular meeting and her ass jumped up with her camera team in tow, looking for money to loot. Stop believing everything you see on the internet. People looking for video clicks know gullible people like you will watch their videos.

Kayode 

[femi Olajide]

Regards,

Femi Olajide

[femi Olajide]

For all his faults OBJ seems to be a very good judge of character and a very good manager of people.

This is what he said about El Rufai on his book.
-----------------

“Nasir’s penchant for reputation savaging is almost pathological. Why does he do it? Very early in my interaction with him, I appreciated his talent. At the same time, I recognised his weaknesses; the worst being his inability to be loyal to anybody or any issue consistently for long, but only to Nasir el-Rufai.

*He lied brazenly, which he did to me, against his colleagues and so-called friends. I have heard of how he ruthlessly savaged the reputation of his uncle, a man who, in an African setting, was like a foster father to him.*
I shuddered when I heard the story of what he did to his half-brother in the Air Force, who is senior to him in age”.

“A leader must know the character and ability of his subordinates. Character-wise, Nasir does not have much going for him. But he is a talented young man who can always deliver under close supervision.

*So, when Osita Chijoka approached, among others, propping Nasir as my possible successor, believing that whoever I supported would make it, which was a false belier; I did not hesitate to point to Nasir’s naivety and immaturity, talk less of his inability to give honour to whom honour is due”.*

“My vivid recollection of him is a penchant for lying, for unfair embellishment of stories and his inability to sustain loyalty for long. Two years after I had left office, Osita came to me to confirm how right I was on my assessment and judgment of Nasir. I knew what I could make him achieve, and he achieved it for my administration and the country.
I believe that he can still be used in public service, but under guidance and sufficient oversight, making allowance for the psychology of “his petite size and his elephantine brain”.


He was described as a malicious liar. He was more than that; he is a pathological purveyor of untruths and half-truths with little or no regard for integrity. In all of this, he unwittingly does more harm than good to himself.

''He's always playing himself up to give himself more ‘height’ than he has. Whichever way, he has my sympathy. It was characteristic of him. Unfortunately, his character could also be seen as a reflection of his upbringing, which may spread the blame beyond him.''

In a typical African society, it would be asked, “Did he not receive home training, or did he reject home training?” Is there nobody in the family to call him to order?

One may also wonder how much his losing his father at the tender age of eight years had rendered him devoid of fatherly care, guidance and paternal direction and home training.
*“Nasir suffers from the 'small man syndrome' coupled with psychological and upbringing problems".*

Regards,

Femi Olajide