On this day, an Ibadan-based politician, Alhaji Lamidi Adedibu, said that the government’s plan to convene a Constitutional Conference was unnecessary. Adedibu, a frontline supporter of Chief Moshood Abiola, presidential candidate of the defunct Social Democratic Party (SDP)in the annulled June 12 election said in a statement that, “… there is no need for a new constitution for the country,” adding that, “it is unnecessary, energy dissipating, time wasting and diversionary from issues militating against the unity of the country.”
According to him, there was nothing wrong with the 1989 Constitution before it was aborted, rather, the operators should be blamed for the political instability. “It is sad to note that our country had witnessed the emergence of a cabal that wants to perpetrate its hold and grip of political power at the expense of majority of Nigerians.
It is that cabal that should be blamed and not the constitution that has not been allowed to operate,” he said.
On the annulled June 12 election, Adedibu noted that the Babaginda administration took the decision without taking into account the peace and corporate existency of the country.
Adedibu said further that, “It was on June 12 that Nigeria emerged from tribal, sectional and religious politics to elect a leader whose victory cuts across ethnic and geographical barriers. To have annulled that election was a criminal action on its own for which the country’s unity was visibly threatened. He warned that unless there was a change of attitude by a section of the country, the country might eventually degenerate into a confederation or face a total break-up.
Also on this day, the Petroleum and Mineral Resources minister, Mr. Don Etiebet relaunched Nigeria’s Liquefied Natural Gas (NLNG) project with a call on foreign companies which controlled the majority shares and key management positions, to take full responsibility for the scheme’s success.
Following the restructuring of the equity of the gas firm, (NLNG, the Nigerian National Petroleum corporation’s share strength fell from 60 percent to 49, compared to the foreign shareholders’ combined 51 percent. The share control of Shell Gas International retained its 10 percent equity; while the International Finance Corporation (IFC) acquired two percent.
The positions of managing director and chief executive, and the company’s technical adviser were zoned to Shell.
Etiebet noted that the company “puts the responsibility on the foreign shareholders and in particular Shell, as the technical adviser and manager of the project, to see that this project succeeds.” He warned that “the government will not accept any further delays or excuse for this project not taking-off.”