
Politics
Pinnacle Oil and Gas: The Limits of Propaganda
By Uche Anichukwu
In teaching the mystery of the little beginning of the gospel, Christ gave the parable of the mustard seed, which someone sowed in the field. Although it is the smallest of all the seeds, it ultimately grew into a tree so that birds of the air made nests on its branches. This is only true about the gospel; it is also true about life, generally. Big things start small. And that includes today’s big accomplishments and trillion dollar businesses.
In the 1950s, many publishers turned down the manuscript of a 28 years old Nigerian. Only Heinemann gave the author and African fiction any chance and published it. But it ultimately became the most widely read book in modern African literature. According to Wylie Agency, it sold over eight million copies in 60 languages, globally. This is the story of the legendary Chinua Achebe and “Things Fall Apart”.
Apple started off in the garage of Steve Jobs’ adopted parents in Cupertino, California where the Reed College dropout later teamed up with another dropout, Steve Wozniak. Today, Apple is worth $2.65 trillion in market capitalisation. The HP brand started off in a 12-by-18-foot garage with just $538 investment in California, but it worth $26.24 billion. Amazon.com began from a garage in Seattle, USA. Its current market capitalisation is $1.42 trillion. Larry Page and Sergey Brin rented Susan Wojcicki’s 1,900-square-foot home in the course of Google’s journey to being corporate giant. Alphabet Inc., Google’s parent company is worth $1.54 trillion. Walt Disney started in 1923 in a garage belonging to Walt’s uncle, Robert Disney. The company’s net worth today is $203.63 billion.
So, today’s big businesses started small yesterday and on the Nigerian scene, that includes Pinnacle Oil and Gas Ltd., which was registered by Dr. Peter Mbah in 2004 (not 2007 as some claim), but started operations in 2008 with a N1 million capital base and two staff in a one-room apartment in Lagos. But by dints of radical innovation and unimpeachable integrity, Pinnacle weathered the odds in already saturated petroleum downstream subsector dominated by the oil majors to become the number one in the industry. And this is something the people of Enugu, Nigerians, and the Nigerian President, Muhammadu Buhari, are proud of.

One therefore wonders why the malicious propaganda around Pinnacle Oil and Gas Ltd. simply because its Founder and CEO, Dr. Peter Mbah, is running for the governorship of his home state, Enugu. If the inspiring stories of Amazon.com, Apple, and Google etc. are possible, why do some desperate politicians want to sell the falsehood that Pinnacle revolution was powered by funds looted from Enugu’s treasury? It is an unfortunate debasement of Enugu people before the world as low-thinking people, who know nothing about how modern businesses are financed or built.
By the way, how much of Enugu’s money for the short period Mbah spent in government as Chief of Staff and Commissioner could have built just the Pinnacle’s $1 billion offshore, subsea terminal that President Buhari commissioned recently?
Modern businesses thrive on ideas. Once you have a brilliant idea and the credibility, and pass the due diligence check, financiers are likely to bankroll your project. For instance, it is a fact that a consortium of banks, namely, First Bank, Fidelity Bank, Globus Bank and Coronation Bank, who believed in the pioneer project, financed Pinnacle’s $1 billion terminal. This and the fact that reputable international partners are eager to do business with Mbah and Pinnacle is a testament to his integrity, scrupulousness, and good governance of the company. No bank puts a dime into a project without due diligence.
Pinnacle is audited by KPMG, a foremost audit firm in the world. Obviously the propaganda peddlers do not know what it means to be audited by KPMG. That firm cannot possibly audit a company without due diligence check on both the company and its promoters let alone sit on any proceeds of crime as an auditor.
Furthermore, an American is Pinnacle’s Chief Operating Officer (COO) in addition to 12 expatriate staff from US, UK, Netherlands, etc. You can’t attract and retain such without an irreproachable integrity, transparency, and good corporate governance.
Those who think Mbah just went into business after serving in the Government of Enugu State got it all wrong. He has paid his dues in the business world starting from the late 1980s and early 1990s as a young man. By 1992, he had already set up companies and was importing 18 containers of electronics and spare parts from Europe. He built his first house in Lagos in 1992 and set up FOCUS International School that early in life.
By 1993, Mbah had already penetrated the petroleum downstream subsector as a representative of the U.S-based International Oil Company (IOC) courtesy of the late Dr. Lazarus Agbowo, who was the Vice President of the IOC. He was earning commissions on every barrel of crude oil lifted. He achieved these as a young man before heading to the University of East London for his Law degree and returned to the country immediately after to manage his businesses.
His stint in the public sector as Chief of staff and later as Commissioner was by chance because it was offered to him when he came to Enugu for his Law School programme. He was never a subject of any Economic and Financial Crimes Commission investigation and neither he nor Pinnacle was ever charged to court let alone enter into any plea bargain with the EFCC. His name was struck out before any matter concerning Enugu went to court. He has publicly challenged anyone with proof to the contrary to come up with it.
It is noteworthy that Dr Mbah rejected a bribe of $20 million by a syndicate that wanted to defraud the IOC in the 1990s.
In any case, the malicious propaganda speaks about the character of those behind it. It takes someone, who has never built anything in his or her life, except shady enterprises and living off government patronage as appointees and contractors to think that one just needed a huge sum of money to build Pinnacle into a unicorn as Mbah has done. With all the money in the world, a late entrant like Pinnacle could still not have taken 23 per cent of the market share and topple the major distributors to emerge the number one in the downstream petroleum subsector without dints of sweeping innovation, integrity and industry.
Dr. Mbah has presented a manifesto that has impressed the people of Enugu as comprehensive and ambitious. He is also marketing it in town hall meetings across the 68 development centres. He has promised to replicate the Pinnacle success story by, among others, growing Enugu’s economy from the present $4.4 billion to a $30 billion economy in eight years. Anyone who thinks he can do better should put his manifesto and pedigree on the table for the electorate to decide because Enugu people are not interested in propaganda.
• Anichukwu is Deputy Director, Mainstream Media, Enugu PDP Campaign Orgnaisation
Politics
2027: APC Chairman Yilwatda Charges North-Central Governors, Guber Candidates to Unite for Tinubu’s Re-election
The National Chairman of the All Progressives Congress (APC), Prof. Nentawe Goshwe Yilwatda, has charged APC governors, governorship candidates and party leaders across the North-Central region to unite political stakeholders and mobilise massive support for President Bola Tinubu ahead of the 2027 presidential election.
Yilwatda gave the charge at the APC presidential campaign rally held at Azaria Road Stadium, Jos, Plateau State, where President Tinubu’s campaign train received an enthusiastic reception from party leaders, supporters and residents.
In a statement issued on Saturday by his Special Adviser on Media and Information Strategy, Abimbola Tooki, the APC chairman expressed satisfaction with the large turnout and what he described as renewed unity among party leaders and supporters in Plateau State.
He described the rally as evidence of the party’s growing cohesion and commitment to securing Tinubu’s re-election, urging residents to translate the enthusiasm demonstrated at the event into votes.
Yilwatda insisted that Plateau State must deliver a record-breaking electoral victory for the President, declaring that political leaders in the state were now fully united behind Tinubu.

He also described the President as a promise keeper who had fulfilled his commitments to Plateau State, arguing that the administration’s performance provided a strong basis for renewed public support.
A major highlight of the rally was the presentation of APC flags to the party’s governorship candidates across the North-Central states, a symbolic exercise aimed at strengthening party unity and consolidating its political structures ahead of the 2027 elections.
Addressing the party’s leadership across the region, Yilwatda specifically urged governors, governorship candidates and other stakeholders to put aside personal interests, reconcile differences and work towards a common political objective.
In Plateau State, he called on party leaders to sustain the unity already achieved and intensify mobilisation for Tinubu and other APC candidates.
He also charged the Benue State Governor and party leaders to harmonise competing interests, unite political stakeholders and mobilise voters for the party’s victory.
For Niger State, the APC chairman expressed confidence that the party’s leadership would use the flag presentation as a rallying point to strengthen unity and secure victory for Tinubu and other candidates.
Similarly, while presenting the party’s flag to its governorship candidate in Nasarawa State, Yilwatda urged him and other party leaders to provide purposeful leadership, unite stakeholders and mobilise support for the President.
He said the party must also work towards greater prosperity, peace and development in the state.
The APC chairman maintained that the North-Central region must approach the forthcoming elections with a common purpose, stressing that political differences and individual ambitions should not undermine the party’s collective interest.
He further directed party structures, elected officials, candidates and grassroots mobilisers to intensify engagements with voters and ensure that the enthusiasm recorded at the Jos rally translates into electoral support across the region.
“Our strength lies in our unity, our strategy is effective mobilisation, and our destination is victory. I therefore charge all our governors, governorship candidates and party leaders across the North-Central to unite every stakeholder in their respective states and work together to deliver maximum votes for President Bola Ahmed Tinubu.
“The Jos rally has demonstrated what we can achieve when we stand together. We must sustain this momentum, take our message to every community and ensure that our commitment to the President is reflected in our votes,” he said.
Yilwatda assured APC members and supporters that the party would sustain its mobilisation drive, strengthen its political structures and work collectively towards what he described as a decisive victory for Tinubu and all APC candidates in the 2027 general elections.
The statement was signed by Abimbola Tooki, Special Adviser to the APC National Chairman on Media and Information Strategy, and dated November 14, 2026.
Politics
2027: No Candidate Can Defeat Tinubu, Says Ikedife
• APC chieftain says Igbo presidency ambition must wait, urges South-East to support President’s re-election
The All Progressives Congress (APC) South-East Organising Secretary and member of President Bola Ahmed Tinubu’s Re-election Campaign Council, Dozie Ikedife Jnr, has declared that no candidate can defeat Tinubu in the 2027 presidential election.
Ikedife also said the South-East’s ambition to produce a Nigerian president must be put on hold, insisting that an Igbo presidency is not politically achievable in 2027.
He made the remarks during an interview at his residence in Nnewi, Anambra State, at the weekend, where he argued that Tinubu had performed sufficiently well to deserve a second term in office.
According to him, the South-East must prioritise political realities and strategic negotiations over emotional considerations in pursuing its presidential ambition.
Quoting Imo State Governor, Hope Uzodimma, Ikedife urged Ndigbo to distinguish between what they desire and what is politically achievable.

“We desire an Igbo man to be president, but what is realisable today is for Tinubu to go and do his second tenure in office to lead Nigeria from his reforms to the era of prosperity,” he said.
He described it as unrealistic to assume that any presidential candidate could defeat Tinubu in 2027, given what he considered the President’s achievements in office.
“An Igbo man has a serious chance of becoming president, but I don’t see it being achievable in 2027. I respect the fact that an Igbo man is in the race, but we have to find ways to engineer our political movement so that we are not seen as being antagonistic or merely playing to the gallery,” he added.
Ikedife maintained that supporting Tinubu’s re-election would give the South-East a stronger bargaining position in national politics and improve its chances of securing support for an Igbo presidency in the future.
He argued that, under the country’s zoning arrangement, the presidency would return to the North after Tinubu’s second term, providing the South-East an opportunity to negotiate for its turn subsequently.
“Twelve years is not too long a time. With the support the South-East has given Bola Tinubu, we should be able to come to the table and negotiate support for an Igbo man to become president,” he said.
The APC chieftain regretted what he described as the South-East’s failure to engage in strategic political negotiations in the past, particularly during the administration of former President Goodluck Jonathan.
He recalled that some Igbo political leaders had supported Jonathan partly because of his name, Ebele, and his perceived connections with the South-East, without securing a structured political agreement that could advance the region’s presidential ambition.
He said the region must learn from the experience by developing a deliberate political strategy capable of attracting support from other geopolitical zones.
On the economy, Ikedife dismissed criticisms of Tinubu’s administration over the rising cost of living, arguing that economic challenges were part of a wider global situation and not peculiar to Nigeria.
He defended the removal of fuel subsidy, saying the policy had increased allocations to state governments and enabled several of them to embark on infrastructure projects, clear outstanding salary and pension arrears and improve workers’ welfare.
According to him, states that previously struggled to meet their salary obligations were now better positioned to pay workers, while increased federal allocations had also supported transportation interventions and other welfare programmes.
He also cited the new national minimum wage of N70,000, noting that some states, including Imo and Ebonyi, had gone beyond the national benchmark.
Ikedife maintained that Tinubu’s economic reforms were beginning to yield results and appealed to Nigerians to exercise patience as the country moved towards what he described as an era of prosperity.
The APC chieftain further predicted that Tinubu’s victory in 2027 would be easier than his 2023 electoral outing.
He recalled the cash scarcity that preceded the 2023 general election, when many Nigerians reportedly struggled to access their money despite having funds in their bank accounts.
He argued that the political atmosphere was now more favourable to the President, particularly with the reported backing of several state governors, including some elected on opposition party platforms.
“There must be something our political leaders know about President Tinubu that many people don’t know. Even opposition state governors are coordinating his re-election bid,” he said.
Ikedife also listed the administration’s interventions in education, road infrastructure and electricity sector reforms among the reasons Tinubu deserved another term.
He particularly highlighted the constitutional changes that moved electricity generation and distribution from the Exclusive Legislative List to the Concurrent Legislative List, allowing states to establish and regulate their own electricity markets.
Commenting on Anambra State Governor Charles Soludo’s decision to coordinate Tinubu’s re-election campaign in the state, Ikedife described the move as an expression of political sagacity.
He said Soludo had correctly advised the people of Anambra to move away from what he described as emotional politics and embrace a political approach driven by their interests.
According to him, Tinubu secured only about 5,000 votes in Anambra State during the 2023 presidential election but still emerged victorious nationally, making it necessary for the state to reconsider its political strategy ahead of 2027.
“With or without our 5,000 votes, he is going to be elected President of Nigeria again. What Soludo is saying is that for us to be part and parcel of national politics, to sit at the table and make demands for the dividends of democracy accruing to us as citizens of Anambra State and Nigeria, we must remove emotional politics,” he said.
Ikedife urged Anambra residents to support Soludo’s position, arguing that aligning with the ruling political establishment would give the South-East a stronger voice in national affairs.
He added that Soludo’s declaration that progressives were working together in Anambra reflected the political direction the state should pursue ahead of the 2027 general election.
Politics
Obi Defies Lagos Attack, Vows To Campaign Across Every Part Of State As Reps, Police Launch Probe
• The NDC presidential candidate condemns political violence, pledges to make Lagos a major driver of Nigeria’s economy, while the House of Representatives sets up a three-week committee to investigate attacks on political gatherings ahead of the 2027 elections.
The presidential candidate of the Nigeria Democratic Congress (NDC), Peter Obi, has vowed that the party will campaign across every part of Lagos State despite an attack on its supporters during a town hall meeting in Oregun, Ikeja.
Obi gave the assurance on Thursday while addressing party supporters at the gathering, which was disrupted by suspected political thugs who reportedly stormed the venue with dangerous weapons, injured participants and damaged vehicles.
The attack occurred at Classique Event Place, along Kudirat Abiola Way, Oregun, as party members were preparing for the arrival of Obi and his running mate, Rabiu Kwankwaso.
According to accounts from party members, the attackers, allegedly armed with cutlasses, cudgels and stones, invaded the venue around 11am, triggering panic and forcing several participants to flee for safety.
Some vehicles were reportedly vandalised, while at least four people were said to have sustained injuries, although the circumstances surrounding the incident remain under investigation.

Despite the disruption, Obi proceeded with the town hall engagement alongside Kwankwaso, his wife and the party’s Lagos governorship candidate, Funso Doherty.
Condemning the incident, the former Anambra State governor commended NDC supporters for their conduct and insisted that intimidation and violence would not prevent the party from reaching voters across Lagos.
“Today is not a campaign. We will campaign in every part of Lagos State. Our town hall meeting is an opportunity for us to listen to the people. We want to serve the people, and we must listen to them. That will give us the idea of what they want,” Obi said.
He assured supporters that their commitment to the party’s political movement would not be wasted, urging them to remain focused on building what he described as a new Nigeria.
Obi: Lagos Must Become Nigeria’s Economic Powerhouse
Speaking on his vision for Lagos, Obi described the state as central to Nigeria’s economic development but argued that it had yet to achieve the level of transformation witnessed in major global cities such as Shanghai and London.
“Lagos is important to us. Lagos is the mainstream of our economy, but today Lagos is not doing what Shanghai did to China or London did to the UK. We want Lagos to power Nigeria, and to power Nigeria, we want someone like Funso Doherty,” he said.
He urged Lagos residents to support Doherty’s governorship ambition in the 2027 elections.
On national security, Obi recalled his visit to Yelwata, where he said he witnessed the devastating consequences of violent attacks on communities.
He promised that an NDC-led government would prioritise the protection of lives and property, declaring that Nigerians should be able to travel freely without fear of kidnapping or attacks.
He also pledged to tackle corruption, improve electricity generation and distribution, make basic education compulsory and free, and establish functional primary healthcare centres in every ward across the country.
Obi said his administration would work towards generating, transmitting and distributing at least 10,000 megawatts of electricity within two to three years.
He also criticised President Bola Tinubu’s leadership, arguing that the presidency required consistent energy, commitment and availability.
Police Confirm Attack, Two Men Hospitalised
Meanwhile, the Lagos State Police Command has confirmed the incident and announced the commencement of an investigation.
The Police Public Relations Officer, Abimbola Adebisi, said two men identified as Akinyemi Akeem and Ibrahim Babsule sustained serious injuries and were taken to the Emergency Centre, Toll Gate, for medical attention.
According to the police, preliminary information suggested that the injured men were allegedly among those involved in the attack, adding that their individual roles were being investigated.
The command said officers responded to a distress call, restored normalcy to the area and commenced investigations to establish what happened and bring anyone found culpable to justice.
The NDC, however, alleged that about 200 suspected political thugs invaded the venue, accusing security operatives, including police and Department of State Services personnel, of failing to intervene promptly.
The party’s Lagos Publicity Secretary, Olushile Akinyemi, claimed that some of the security personnel watched as the attackers unleashed violence on party members.
The party also said one of the suspected attackers was apprehended and handed over to the police.
NDC Accuses APC, Ruling Party Denies Involvement
The incident has triggered accusations and counter-accusations between the NDC and the ruling All Progressives Congress (APC).
The NDC’s National Director of Publicity, Osai Director, accused the APC of masterminding attacks against its members in Lagos and Delta states, describing the incidents as attempts to undermine democracy.
However, the Lagos APC rejected the allegation, describing it as false and baseless.
The party’s Publicity Secretary, Seye Oladejo, said APC members and campaign officials were in Epe for the flag-off of their 2027 campaign activities when the incident occurred.
He challenged the NDC to provide credible evidence linking the APC to the attack and submit such evidence to security agencies.
The APC also condemned political violence and called on security agencies to strengthen intelligence gathering and prevent attacks on lawful political gatherings.
Similarly, the APC Presidential Campaign Council condemned attacks on political activities across the country and urged security agencies to arrest and prosecute those responsible.
House of Representatives Opens Investigation
In a related development, the House of Representatives has constituted an ad hoc committee to investigate reported cases of political violence, attacks on political gatherings and disruption of political activities across Nigeria ahead of the 2027 general elections.
The decision followed the adoption of a motion of urgent public importance sponsored by House Minority Leader, Fred Agbedi, and 16 other lawmakers on Thursday.
The committee, chaired by the House Leader, Prof. Julius Ihonvbere, has been given three weeks to investigate the immediate and remote causes of political violence and submit its findings.
Agbedi warned that the growing incidents of political intimidation, assault and destruction of property could threaten the peaceful conduct of the 2027 elections and undermine public confidence in Nigeria’s democratic process.
He cited several incidents across the country, including reported attacks in Enugu, Katsina, Nasarawa and Delta states.
The lawmaker also referenced Section 40 of the 1999 Constitution, which guarantees citizens the right to peaceful assembly and association, including the right to form and belong to political parties.
He urged the House to investigate the circumstances surrounding the incidents and examine the performance of public authorities responsible for enforcing relevant laws.
CDHR Demands 16-Year Ban For Beneficiaries Of Electoral Violence
Also reacting to the growing concerns, the Committee for the Defence of Human Rights (CDHR) has proposed that political candidates who benefit from electoral violence should be disqualified from contesting elections for up to 16 years.
The organisation’s National President, Debo Adeniran, said electoral contests should revolve around ideas, policies and programmes rather than intimidation, assault and destruction.
He urged political leaders to caution their supporters and called for investigations into reported attacks across the country.
Adeniran argued that individuals who organise or benefit from political violence should face appropriate sanctions, proposing amendments to electoral laws to make such disqualification possible.
Concerns Mount Ahead Of 2027 Elections
The latest attack comes amid growing concerns over political violence across the country as political activities gradually intensify ahead of the 2027 general elections.
The National Peace Committee recently reported 109 breaches of the National Peace Accord across 26 states and the Federal Capital Territory during a 10-week monitoring period between August 19 and October 27.
Political violence and thuggery accounted for 33 reported incidents, while misinformation and disinformation accounted for 29.
The committee identified Kaduna, Edo and Enugu as potential election flashpoints, citing recurring political violence, armed disruptions and other security concerns.
Other reported incidents include the attacks on political supporters in Katsina, the alleged attack on Peter Obi’s convoy in Calabar, and violence during a political procession in Asaba, Delta State, where one person was reportedly killed and five others injured.
The developments have renewed calls for security agencies to provide equal protection for all political parties and ensure that perpetrators of political violence are brought to justice, irrespective of their political affiliations.
With the 2027 elections approaching, Obi’s declaration that the NDC will campaign across every part of Lagos signals the party’s determination to continue its political activities despite the violence, while the ongoing police and legislative investigations will be closely watched.
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