Solomon Adeola
Senator threatens to join kinsmen in self defence against Fulani herdsmen
Facebook Worried by the seeming helplessness of security agencies to stem the tide of incessant attacks of communities in Yewaland in Ogun State allegedly by Fulani herdsmen, Senator Solomon Adeola (APC-Lagos West) has threatened to join his kinsmen in self defence. The Senator, who made the threat in a statement in Abuja on Sunday, said his action in that direction is being fuelled by the inaction of both the Federal and Ogun State Governments to stop incessant attacks of communities in Yewaland by Fulani herdsmen. Adeola, in the statement signed by his Special Adviser on Media, Kayode Odunaro, said the latest of such attacks were the ones brazenly carried out in Yewa North, Imeko, Afon, Ipokia and Yewa South Local Government Areas two weeks ago, occasioning several deaths and destruction...
Senate calls for quick diversification of economy, frowns against high cost of oil production
The upper chamber of the National Assembly has called on the federal government to quickly diversify the economy, following the high cost of oil production without commensurate result. Berating the Nigerian National Petroleum Corporation (NNPC) for the high cost, which resulted into marginal profit of just $3 per barrel for the country, the Senate noted that the high cost of oil production in the country is higher than other oil producing nations. This development was noted when when officials of NNPC appeared before the Senate Committee on Finance. The Senate also noted that the high cost of oil production which is $21.2 per barrel, almost equaling $25 per barrel oil price benchmark fixed for the N10.509 trillion 2020 revised budget. The upper chamber expressed its displeasure when the Ch...
