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Pinnacle Oil and Gas: Propaganda is Free, But Facts are Sacred

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By Uche Anichukwu

I have read the rejoinder to my piece “Pinnacle Oil and Gas: the Limits of Propaganda”, which was my counter-narrative on the propaganda dished out to Ndi Enugu on the Peoples Democratic Party (PDP) governorship candidate, Dr. Peter Mbah and Pinnacle Oil and Gas Ltd. _E dey sweet me no be small_ because the writer was honest enough to admit that I am a principled and “decent man”. Forget the fact that he/she claimed that I lied in my account of Dr. Mbah and Pinnacle’s road to success. You can’t describe me as a decent man in one breath and claim that I lie for politicians in the same breath – unless, of course _Mkpuru Mmiri_ was at work in the head of the author of the rejoinder. A good tree can’t bear a bad fruit and vice versa. In any case, _okwu bu uzo erugo be Chukwu_. So, for the true confession, I say “Thank you, don’t mention”.

But I am even happier because the rejoinder failed to contradict me fact for fact. It is just the same emotional outbursts of a drowning opposition. I wrote that Dr. Mbah joined the business world at a very tender age; that he had already registered businesses such as Peter Mbah Investment Company and was importing 18 containers of electronics and spare parts in a month way back in the late 1980s and early 1990s; and that he set up “FOCUS International School in Lagos that same period. I expected the said rejoinder to counter me with the results of a company search at the Corporate Affairs Commission (CAC), etc. Yes, I maintain that Mbah built his first house in Lagos by 1992. Have you gone to the Lagos State land registry and found that to be false?

I also wrote that he penetrated the Nigerian downstream petroleum subsector way back in 1993 when he became the Nigeria representative of IOC, a US-based oil company, courtesy of the late Dr. Lazarus Agbowo, who was the Executive Vice President of the firm. He was earning money on every barrel of crude oil lifted by the company. The rejoinder didn’t contradict this with any facts too.

Furthermore, I said that Mbah registered Pinnacle Oil and Gas in 2004, not 2007 or 2008, as propagandists want Ndi Enugu to believe. And it was between the time he exited office as Chief of Staff and the time he reluctantly accepted the position of Commissioner for Finance.

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I also wrote that Pinnacle started with a capital base of N1 million. Did a CAC search show any information to the contrary? Yes, I wrote that the company started with just two staff in a one-room apartment in Lagos. Please, prove me wrong, I will humbly concede.

As I said, ideas rule the world and businesses thrive on innovation. As I wrote, Steve Jobs and Steve Wozniak started Apple in the garage in Cupertino, California; HP brand started off in a 12-by-18-foot garage with just $538 investment in California; Amazon.com began from a garage in Seattle, USA; Larry Page and Sergey Brin rented Susan Wojcicki’s 1,900-square-foot home in the course of Google’s journey to corporate giant; Walt Disney started from a garage belonging to Walt’s uncle, Robert Disney. These businesses have now become multi-trillion and multi-billion dollar businesses. If Steve Jobs, Steve Wozniak, Bill Hewlett, David Packard, Jeff Bezos, Larry Page and Sergey Brin, among others, didn’t rob the US Federal Reserve to become big, what makes you think that a Nigerian entrepreneur must steal from public treasury to grow big? How many former this and former that have built something like Pinnacle?

Even here in Nigeria, Africa’s richest man explained that he was obsessed with business right from primary school. He stated: “I can remember when I was in primary school, I would go and buy cartons of sweets (candies) and I would start selling them just to make money. I was so interested in business, even at that time.”

Going into business proper at 21 after his college education, Dangote took a loan of N500,000 from his uncle. See where he is today.

Or have we forgotten how Cosmas Maduka (Coscharis) moved from an underaged apprentice to a multi-billionaire?

You claimed that Pinnacle’s $1 billion offshore, subsea petroleum products terminal was “Ego Ndi Enugu”. But I provided the names of the banks that funded it: First Bank, Fidelity Bank, Globus Bank and Coronation Bank. But it is convenient for you to fault my facts without providing any facts to the contrary.

If Pinnacle is about “Ego Ndi Enugu”, how come the company overtook the major oil marketing companies to become the number one? Or are you saying that Enugu State’s allocations, even for 10 years, outweigh the finances and credit-worthiness of these oil majors?

Did you also investigate and found out that KPMG, a foremost international audit firm, is not the auditor of Pinnacle Oil and Gas accounts? That one alone is a stamp of integrity and good governance of the company. Abi KPMG na your mate?

On the EFCC matter, the writer has still not shown any facts to contradict my position that Dr. Peter Mbah was never a subject of any EFCC investigation and that he was never charged to court, let alone enter into any plea bargain with the Nigerian government. His name was equally not mentioned in the petition. He went to the EFCC on his own based on personal principle and philosophy as a member of that administration. And his issues with the EFCC was more as a placeholder in the sense that once the then governor concluded his tenure, Mbah’s name and the names of two others were struck out of the EFCC charge sheet. So, as I stated, Mbah was never charged or arraigned by the EFCC. And of course, the phantom plea bargain exists only in the imagination of those chefs serving in opposition’s propaganda kitchen. These things can be verified at the EFCC or the Federal High Court registry.

But come to think of it, if you claim that a co-contestant has a criminal record, yet you prefer to patronise the social media space instead of heading to the courts to stop him, what shall we call you?

Meanwhile, as for Senator Ike Ekweremadu’s assets issues, I won’t waste my time on it since it is subjudice, except to state that I don’t know any Nigerian law that bars a political office holder from owning properties. The law only says that you must declare them to the Code of Conduct Bureau (CCB) every four years and I have been consistent in my statement right from 2016 that he declared all of them to the CCB. I don’t know anybody who declares illegally acquired assets to the government. Of course, I also clarified that the list, which, by the way, was first released by the Obono-Obla panel in 2016, was garnished to achieve the purpose of media trial at the time.

In any case, the matter is still in court and I wouldn’t know from whence you draw this your air of finality or why you think that an interim asset forfeiture order, which is still being contested in court for clear violation of fundamental principles of justice is tantamount to “stolen houses”. Besides, the fact that the EFCC did not link Ekweremadu with any missing public funds let alone charge him to court all these years he was in Nigeria says alot. If you sincerely believe that shaving a man in his absence, pouncing on a man while he is in detention and undergoing trial (not for corruption) is in order, then I leave you to your conscience. But rest assured that what goes around comes around and that the measure you give is the measure you receive.

All said, when people sidestep the message and begin to attack the messenger, it means that the message hit the right target and those it was directed at have no sensible answer to it. But attack the messenger all you want, it will still not change anything because propaganda is cheap (especially when your candidate has no manifesto or pedigree to market to the electorate). Comment is also free. But facts are sacred and stubborn. So, on my facts I stand._Ka Chineke mezie okwu_.

• Anichukwu is Deputy Director, Mainstream Media, Enugu PDP Campaign Council_

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Tinubu’s re-election: Uzodinma, Umahi don’t speak for Ndigbo — Igbo Community in FC

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Gov Hope Uzodinma and Engr David Umahi
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Ahead the 2027 Presidential election, the leadership of the Igbo Community Association (ICA) the umbrella socio-cultural organization in the Federal Capital Territory (FCT) strongly refutes and rejects the recent statements made by Imo State Governor Hope Uzodimma, Minister of Works David Umahi, and Senate Deputy Chief Whip Onyekachi Nwebonyi claiming that the South-East electorate is fully united behind President Bola Tinubu’s re-election bid.

President General of the Igbo ethnic body, Nze Engr. Ikenna Ellis-Ezenekwe stated in a press Statement on Monday emphatically stated that the three of them are neither spokespersons of Igbos in the FCT. He added that, “these three are merely being sent out to talk for Tinubu against the interest of Igbos. The South-East considers the Tinubu administration as a failed administration and for this reason will not vote Tinubu.”

The ICA President noted for the avoidance of doubt, that it wishes to set the record straight for the public and the political establishment that the mandate to speak for the Igbo People neither lie in the hand of Governor Hope Uzodimma, Minister David Umahi, nor Senator Onyekachi Nwebonyi who under Tinubu arrogate to themselves as the spokespersons for the Igbo ethnic group.

Nze Ikenna Ellis-Ezenekwe, further agued that elected political appointees and ruling-party actors do not hold a mandate to declare a political consensus on behalf of millions of Igbo citizens.

The statement reads further, “These endorsements represent the personal political preservation strategies of a few office holders seeking to retain favor with the presidency. They do not reflect the true political stance, socio-economic realities, or grassroots sentiment of the South-East region.

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“The grassroots population across the South-East considers the current federal administration to have failed on key economic and administrative metrics.

“The assertion that President Tinubu will sweep all five South-East states in 2027 is completely detached from the prevailing conditions on the ground.”

Meanwhile, The Igbo Community Association (ICA) FCT urges public officials from the South-East to focus on their constitutional duties, governance, and the immediate economic needs of their constituents, rather than attempting to trade away the political sovereignty of the Igbo electorate for personal leverage.

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Osun Election: Don’t allow a repeat of 1983 crisis – Adeleke warns Tinubu

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Osun State Governor, Ademola Adeleke
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…Says Osun won’t tolerate rigging

Osun State Governor, Ademola Adeleke, has warned President Bola Tinubu not to allow rigging the August 15 governorship election in the State or risk political violence as witnessed in 1983.

The Governor, who was addressing party supporters at Orita-Sabo in Olorunda local government area of Osun State on Monday, also said the President must wake up to his responsibility of protecting the people from police harassment.

According to him, the President is watching without concern, the political crisis in Osun being perpetrated by his party chieftains despite the fact that Accord has endorsed him as the 2027 Presidential candidate.

“Mr President, I want you to take note of my words, I m the Chief Security officer of Osun, you are a Yoruba man and Osun is Yorubaland, yet, your party chieftains are perpetrating political violence while you look the other way.

“Mr President, all we demand for is a free and fair election, if anybody try to do otherwise, the political crisis of 1983, when some people tried to rig Michael Ajasin in Ondo State out of power, may repeat itself again.

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“Mr President call your people to order, call police chiefs to order, I am the governor here not any other person. Accord has already endorsed you as it’s candidate, why are we suffering again.

“You fought for democracy in Nigeria and you must not allow your people destroy it. Wake up to your responsibility Mr President, stop the shenanigans going on in Osun”, he warned.

Earlier, the Imole Campaign Council Director-General, Senator Lere Oyewumi tasked the people to troop out en masse to cast their votes for the party as the only way to return Adeleke to office again.

He said the good work of the governor is enough to warrant the people to vote for him again, calling on the electorates to votes and protect their vote on election day.

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ADDRESS BY THE PRESIDENT OF THE CATHOLIC BISHOPS’ CONFERENCE OF NIGERIA DURING A COURTESY VISIT TO HIS EXCELLENCY, PRESIDENT BOLA AHMED TINUBU, GCFR ON 28 JULY 2026 (FULL TEXT)

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The Catholic Bishops of Nigeria
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PARTNERS IN BUILDING A JUST, PEACEFUL AND PROSPEROUS NIGERIA

Mr. President,

1. Greetings: I bring you warm greetings and prayers from all the members of the Catholic Bishops’ Conference of Nigeria. I am Archbishop Matthew Man-Oso Ndagoso, the Archbishop of Kaduna and the newly elected President of our Conference. I thank you immensely for granting us this audience, which offers us the opportunity to share with you some of our observations and genuine concerns about our country. This ensures the continuity of our collaborative engagement in the task of building a healthy nation that all of us would be proud to belong to: “a nation of justice, love and peace.”

2. The Visit of Archbishop Gallagher: Your Excellency, may we use this opportunity to express our gratitude to you and the Ministry of External Affairs for the warm reception that you gave to the Holy See’s Secretary for Relations with States and International Organisations, Archbishop Paul Gallagher, during his recent visit on the occasion of the fiftieth anniversary of Diplomatic Relations between the Holy See and the Federal Republic of Nigeria. We, as Nigerians and Catholics, are happy to share the two identities and proud of the healthy and unbroken relations between the two states. We believe that the relations will bear perceptible fruits for Christianity and Christians in our country. This, Mr. President, is a time when many Christians have legitimate concerns about their place in Nigeria, especially regarding the departure from the Christian/Muslim presidency, and we hope that, through deliberate government policies, those concerns will be addressed and Christians will be reassured of their rights as citizens. We expect that you will take steps to soothe frayed nerves and address the concerns.

3. Quality tertiary education and the challenge of limited spaces: Mr. President, Sir, you have shown a commitment to giving hope and succour to our youth through NELFund, the Student Loan Initiative. This deserves commendation. Unfortunately, by global standards, Nigeria does not as yet have enough universities to cater for a bulging youth population. Only a tiny fraction of the persons seeking admission into the university actually get it, owing to limited number of places available. We therefore hope that the recent moratorium placed by the National Universities Commission (NUC) on the establishment of new private universities does not cancel out the gains of NELFund.

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4. Sustaining the gains of the democratic experience: Mr. President, on matters of the state, we are genuinely concerned by fears expressed across the country on the fate of opposition politics. You have a track record of having been in active opposition. Many voices are screaming over what they consider to be the constriction of the political space, with some fearing that a one-party state is being anticipated. Whether these fears are genuine or not, can only be tested by the signals citizens receive from Your Excellency as the leader of the party in power. To this end, we urge you to encourage elected political office holders who are members of your party – Governors, members of the National Assembly, Local Government Chairmen – to ensure that a genuine level playing field is maintained and that focus is placed on making everyone see that the rules and processes are fair to all and respected by all. As a man who risked so much in the struggle for the return of democratic rule in the dark days of military dictatorship, your greatest legacy would be the strengthening of our democratic institutions.

5. Credible elections for the avoidance of disaster: Furthermore, there have been growing concerns about the electoral processes. We note the efforts being made to ensure that the elections are free, fair and credible. Sadly, there is an increasing feeling of disenchantment with the clear manipulation of the electoral processes, and the collective feeling that people’s votes do not count. Lower voter turnouts are a mark of distrust in the electoral processes. It is our hope that you be on the forefront in demanding that the Independent National Electoral Commission, INEC, delivers credible elections, to ensure that Nigeria is set on the path of national development and integrity. This ought to start with making voters’ cards easily available to all eligible voters and end with election results that reflect the true choice of Nigerians. Adequate and timely funding of INEC is required to ensure that the Agency inspires the confidence of citizens. Anything short of transparent, free, fair and credible elections in 2027 would be an invitation to avoidable disaster against which all well-meaning Nigerians have been praying. We urge that the conduct of the political class should be in tune with the voices we lift to God in prayer.

6. But we need to be alive and secure first: Mr. President, we congratulate you for the recent successful release of the kidnapped school children and their teachers in Oyo State. The arrest of some of the kidnappers and their speedy prosecution is one of the few positive indicators of what a willing government and its agencies could do to protect the life and property of the citizens. We commend you for this and for other such cases in recent times. Unfortunately, these remain few and isolated exceptions. Our nation still remains a favourable destination for terrorism, banditry and high levels of insecurity that threaten our collective existence. Schools, places of worship, homes, farms, rural roads and highways. Nowhere is safe anymore, as bandits and criminals freely carry away scores of worshippers and schoolchildren, even in broad daylight undisturbed, kidnap and butcher simple as well as high profile citizens mercilessly and unapologetically. Our sovereignty is at stake and, even by African standards, our insecurity continues to diminish our standing and our ability to serve as the leader of Africa.

7. Worsening quality of life, suffering and pain: When the security situation in the country is taken together with the deterioration and near collapse of the power sector, the sorry state of our roads, the economic hardship, one wonders how much of the renewed hope agenda flaunted by your administration is being realised. Mr President, our nation is bleeding. The citizens are suffering and crying. Not only on account of the constant threat to their life by criminal elements, but also because of some policies of government whose promised positive effects have been delayed too long before being felt. You have said a couple of times that you hear their cries and feel their pain. But words are not enough. They expect concrete action that engenders some change in their condition.

8. Pope Leo XIV among us will strengthen our collective prayers and efforts: Finally, we believe that the problems and burden of our nation require a sincere commitment to good governance for the common good to the glory of God. We continue to pray for our dear country and appeal to you to take seriously our pleas for greater collaboration between the Church and the State for the overall wellbeing of our people. We believe that Mr President is aware that the Holy Father, Pope Leo holds our country very close to his heart and constantly prays for us. During our visit to him in March this year, he was quite enthusiastic about a visit to Nigeria on a date in the future. As you know, Sir, that will only happen if you invite him. We request that this be done soon. Our land and its people will benefit immensely from his presence and blessing.

9. Two particular requests: Mr. President, we respectfully place two specific requests before Your Excellency. First, we ask that Your Excellency give favourable consideration to the request on the return of mission schools to their original proprietors. We recall that this matter was raised during our meeting with you last year, and we remain hopeful that your Government will take the necessary steps towards its implementation.
Second, in the light of the Supreme Court judgment of 10 February 2026 affirming the constitutional right of Muslim students at Rivers State University to freedom of religion and worship, we respectfully request that Your Excellency direct the appropriate Ministries, Departments and Agencies of Government to ensure that this same constitutional principle is faithfully implemented throughout the Federation. In particular, we appeal that Christians, especially in the northern part of the country, who continue to face difficulties in acquiring land for the construction of churches or in freely exercising their right to worship, should enjoy the same constitutional rights and protection accorded to all Nigerians. Equal citizenship must be reflected not only in law but also in practice.

Once again, we thank you very sincerely for granting us this audience. We pray that the Almighty and merciful God may grant you the wisdom and strength to lead our nation and all its citizens towards that greatness that God has destined for us.

Matthew Man-Oso NDAGOSO
Archbishop of Kaduna
President, CBCN

 

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