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Geo-Fluids Charts Bold Comeback, Rebrands for Bitumen and Solid Minerals Future

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Strong resolutions aimed at reviving Geo- Fluids Plc, a company that has been dormant for more than a decade dominated discussions at the Annual General Meeting (AGM) held in Abuja, as shareholders and board members charted a new strategic direction focused on bitumen exploration, solid minerals, and broader extractive opportunities.

Speaking at the meeting, former Minister of state for solid minerals, Abubakar Bawa Bwari expressed confidence that the company was on the path to recovery, citing the pedigree and experience of its leadership.

He said the priority going forward is to “bring the company back to life,” ensure seamless operations, and ultimately restore value to shareholders.

“With the calibre of people on the board and the pedigree of our chairman, expectations are understandably high,” Buhari said.

“To whom much is given, much is expected. Our responsibility is to bring cheers to our shareholders and advise government appropriately to support the sector.”

A major highlight of the AGM was the company’s renewed focus on bitumen exploration in Ondo State, which Buhari described as one of Africa’s richest bitumen belts. According to him, Ondo hosts some of the largest and most accessible bitumen deposits on the continent, with reliable geological data significantly reducing exploration risks.

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“Ondo is very rich in bitumen, among the best deposits in Africa and indeed globally,” he said. “With the commitment being shown by the chairman, extensive exploration will take place. I encourage Nigerians to invest in bitumen production, though it requires patience and substantial capital.”

Former Minister of Power and Steel, Murtala Aliyu, said the resolutions adopted at the AGM were deliberately designed to resuscitate the company and reposition it for growth after years of inactivity.

“The company has been down for over a decade. What we have done today is to wake it up and place it on the right pedestal,” Aliyu said.

He explained that the company’s rebranding and restructuring, including the adoption of a new group identity, was informed by its expansion beyond oil servicing. According to him, the new structure allows for diversified operations in bitumen refining, other petroleum derivatives, and solid minerals such as lithium.

“We are no longer limiting ourselves to oil servicing,” he said. “We want to explore and exploit bitumen, refine it into usable products, and also venture into other mining sectors. That is why we now have different groups under one umbrella.”

Aliyu also addressed the challenge of illegal mining in Nigeria, noting that it is a global issue that requires country-specific solutions based on effective regulation and enforcement.

On his part, Suleiman Hassan, a former Minister of Environment and board member, said the company’s reorganization would enable it to participate fully in the exploration, exploitation, and marketing of bitumen and related products.

“We are resuscitating the company and repositioning it to play a more active role in the extractive industry,” Hassan said.

He stressed that environmental protection remains a core priority, particularly in the context of climate change and growing global concerns about environmental degradation.

“That is why people with environmental expertise are on the board,” Hassan said. “Before any activity begins, strict guidelines will be followed to prevent pollution, protect host communities, and ensure emergency response mechanisms are in place.”

The AGM ended with optimism among shareholders that the new resolutions, leadership drive, and strategic focus on bitumen and solid minerals could mark a turning point for the company and contribute meaningfully to Nigeria’s resource diversification agenda.

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‎China, Nigeria Mark Friendship with Joint Cultural Mural

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‎A colourful mural celebrating both China’s National Day and Nigeria’s Independence Day has been unveiled at an overseas project site, serving as a vivid symbol of the enduring friendship between the two nations.
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‎The artwork, jointly produced by Chinese and Nigerian staff, features builders dressed in traditional Chinese costumes and Nigerian ethnic attire holding hands and dancing together.
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Above them, fireworks and white doves of peace illuminate the sky, while the inscription “10.1” highlights the dual significance of October 1, the China’s National Day and Nigeria’s Independence Day.
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‎On the left side of the mural, ancient Chinese architecture, red lanterns and auspicious cloud motifs showcase Chinese heritage.
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On the right, red earth, coconut palms and African drums reflect Nigeria’s cultural identity. Flowing ribbons weave across the painting, symbolising unity and shared destiny.
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‎Project officials described the mural as a “living testament” to cooperation at the frontline of development. They said it embodies mutual trust and support as workers from both countries overcome challenges together.
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‎The initiative underscores cultural integration and partnership, with both sides pledging to continue working hand in hand to strengthen ties.
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“Celebrating two festivals as one, we march forward with one heart,” a statement read, emphasising the commitment to write new chapters of friendship along the path of cooperation.
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‎The mural, rooted in the overseas project site, stands as a reminder of the brotherly bond between China and Nigeria, and the shared vision of building together for a brighter future.

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Musa Illiyasu Kwankwaso Celebrates Senator Lado @60, Says Is A Political Dogma

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From Muhammad Kabir Kano

The spokesperson of Political Appointees Forum from Kano State, Dr. Musa Illiyasu Kwankwaso, has described Senator Basheer Lado, the Special Adviser to President Tinubu on National Assembly Matters (Senate), who also doubles as the Chairman of the Appointees, on his 60th birthday, as a Political Blog who plays the game with maturity and respect.

Kwankwaso who also describes Senator as Political Dogma, praised his contributions to democratic governance, humanitarian services and national development.

“Senator Lado is a dependable public servant and accomplished legislator whose experience had helped strengthen relations between the Executive and the Senate and also steer ship the activities of the Political Appointees with huge respect and understanding”,

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He said it is on notice that Lado served in the Senate for four years before his by late President Buhari on Relief agency and subsequent appointment as Tinubu’s liaison officer in the upper chamber of the National Assembly.

Lado represented Kano Central Senatorial District in the Seventh National Assembly from 2011 to 2015, where he served as Vice Chairman of the Senate Committee on Works.

Lado facilitated several constituency projects, including the Kundila Bridge, popularly known as Gadar Lado, in Kano State. His contributions to humanitarian services through his previous roles as Federal Commissioner of the National Commission for Refugees, Migrants and Internally Displaced Persons, and Director-General of the National Agency for the Prohibition of Trafficking in Persons (NAPTIP).

He said Lado contributed to protecting vulnerable Nigerians, combating human trafficking and improving the welfare and rehabilitation of displaced persons.

Kwankwaso further commended the senator’s humanitarian initiatives through the Ladon Alheri Foundation, particularly in education, healthcare, women’s economic empowerment, rural water supply and support for disadvantaged communities.

” Lado’s contributions across public service reflected his commitment to national development and the welfare of Nigerians”, he added.

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EFCC Reopens Atiku’s Alleged Financial Crimes Probe

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By Yusuf Danjuma Yunusa

The Economic and Financial Crimes Commission (EFCC) has reopened its investigation into allegations against former Vice President Atiku Abubakar following a petition by former House of Representatives member, Hon. Ehiozuwa Johnson Agbonayinma, seeking his prosecution over alleged financial crimes.

The petition seeks to revive a case dating back to 2006, asking the anti-graft agency to revisit its investigation under former chairman, Mallam Nuhu Ribadu, and consider a subsequent report by a United States Senate subcommittee.

Speaking on the development, Agbonayinma said the EFCC had acknowledged his petition, dated August 27, 2026, and received on September 1. Filed through his lawyer, Chief Hannibal Egbe Uwaifo, SAN, the petition asks the commission to reactivate its earlier report and act on the allegations.

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The former lawmaker appeared at the EFCC headquarters in Jabi, Abuja, where he adopted the petition and answered questions from investigators.

Agbonayinma said the matter should not be allowed to remain unresolved.

“I want to thank Nigerians, the EFCC, and those praying for me in this struggle. The laws are meant for both the rich and the poor. After the EFCC has done a fantastic job, it should not be kept under the table,” he said.

In the petition, Agbonayinma urged the EFCC to revisit its September 2006 report on Atiku and a February 4, 2010, report by the US Senate Permanent Subcommittee on Investigations, arguing that both documents should form the basis for renewed action.

The petition alleged that the EFCC had previously indicated that Atiku could face prosecution after leaving office as vice-president, when his constitutional immunity ceased to apply, but that no prosecution followed.

Agbonayinma described the alleged failure to act as a dereliction of duty and argued that pursuing the matter would demonstrate the commission’s resolve to hold politically influential figures accountable.

He also disclosed that he had petitioned US President Donald Trump over the allegations.

The EFCC spokesman, Dele Oyewale, had yet to respond to messages seeking an update on the investigation as of the time of filing this report.

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