Opposition alliances announces long march to Islamabad in January

Maulana Fazal-ur-Rehman, center, Bilawal Bhutto Zardari, right, Maryam Nawaz Sharif, left, leaders of the Pakistan Democratic Movement, an alliance of opposition parties, wave to supporters during an anti-government rally in Lahore on Dec. 13, 2020. (AP)
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Updated 14 December 2020
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Opposition alliances announces long march to Islamabad in January

  • PML-N Supremo addressed rally via video link from London
  • ‘The time for dialogue with the government has passed,’ Bhutto says

LAHORE: The Pakistan Democratic Movement (PDM) has announced it will march towards Islamabad by the end of January to topple the government of Prime Minister Imran Khan, at a massive opposition rally which took place on Sunday in the grounds of Lahore’s historic Minar-e-Pakistan.
The PDM is an alliance of 11 major political parties campaigning nationwide to oust the government of Prime Minister Imran Khan who they accuse of coming into power through a rigged election. 
“March to Islamabad will be at the end of January or at the beginning of February. Be prepared for this,” PDM chief Fazl-ur-Rehman said. 
Opposition leaders from all over the country, including Pakistan Muslim League-Nawaz (PML-N) supremo Nawaz Sharif, gave charged speeches at the rally, which defied a government ban put in place amid a surge in coronavirus cases nationwide.
“PDM spent so much money, time, effort and displayed utter callousness by endangering people’s lives during COVID-19 spike-- showing the scant regard they have for citizens safety and well-being,” Prime Minister Imran Khan tweeted after the rally, and said in a separate tweet he would ‘never’ give a National Reconciliation Ordinance (NRO) to the opposition leaders.

The rally was also the first major appearance for a new generation of PML-N and Pakistan Peoples Party (PPP) leaders in the important eastern city, which is the capital of Pakistan’s most populous province, Punjab. 
Lahore is the main power ground of the PML-N and party chief Sharif joined via video link from London late in the evening to say he was continuing to ‘fight for the people.’
Sharif said his ‘narrative’ was the same as the founder of the country, Quaid-e-Azam’s. He criticized the intervention of the military in politics once again-- a charge the army denies.
Earlier, PML-N Vice President Maryam Nawaz asked people to follow health protocols soon after beginning her speech.
“I am begging you, come to the rallies but wear your masks, because I care about your life and health,” she said.
The rally comes amid a surge in COVID-19 cases in the country, with Pakistan firmly in the grips of a second wave of the virus. There were 3,369 new cases reported and 72 deaths in the past 24 hours, according to federal data. 
With a string of archival video clips featuring Prime Minister Khan, Nawaz focused on Khan’s election promises which she said were unfulfilled, and criticised inflation and debt under his administration. 
As a war of words between government and opposition supporters raged on social and mainstream media, the number of people present at the gathering on Sunday became a central focus of debate. 
Live streams have shown full grounds, but the government has insisted the attendance at the rally has been ‘as cold as the weather,’ as temperatures plunge in the city.
Pakistan Peoples Party (PPP) Chairman Bilawal Bhutto-Zardari, who has recently recovered from COVID-19, addressed the gathering shortly after Nawaz. 
His words were reminiscent of the speeches of his late grandfather, former Prime Minister Zulfiqar Bhutto-- laced with socialist rhetoric about giving the masses food, shelter and basic rights.
“The time for dialogue is over. Now there will be a long march. Islamabad, we are coming,” he said.
Bhutto spoke of rigged elections and the ‘stolen’ mandate of the people. He said the demand for basic rights-- from nurses, doctors, students and farmers-- was met with oppression and state violence.
During his address, PDM chief, Maulana Fazlur Rehman said the PTI government had ‘sold out’ Kashmir.
He asked the people of the country to come together in the campaign to overthrow the government.
“We were not born to be slaves,” he said. “You are a free country, and with the passion of freedom you must save this nation.”


Pakistan increases Reko Diq investment to $244 million as Barrick reviews project

Updated 19 February 2026
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Pakistan increases Reko Diq investment to $244 million as Barrick reviews project

  • State-owned PPL injects $50.2 million more in special purpose vehicle formed to manage Islamabad’s 25 percent stake in copper-gold mine
  • Canadian operator Barrick Mining Corporation this month ordered project’s review following deadly separatist attacks in Balochistan province

KARACHI: The state-run Pakistan Petroleum Limited (PPL) has invested an additional Rs14 billion ($50.2 million) equity in the multi-billion-dollar Reko Diq copper-gold mine, the company said in its latest financial report on Thursday, as the project’s Canadian operator reviews the project following recently deadly attacks. 

Canada’s Barrick Mining Corporation owns a 50 percent share in Reko Diq in the southwestern Balochistan province, along with three Pakistani federal state-owned enterprises including PPL that own 25 percent, while the Balochistan government has the remaining 25 percent share in the project.

The Canadian company announced earlier this month it planned to “immediately” begin a comprehensive review of all aspects of the Reko Diq project following coordinated attacks in Balochistan on Jan. 30-31 that killed 36 civilians and 22 security forces personnel. 

“With respect to the Reko Diq project, the company has made further equity investment in Pakistan Minerals Private Limited (PMPL) during the period amounting to Rs14,025 million ($50.2m),” PPL told its shareholders in its financial statement for the half year ending at Dec. 31.

The additional equity has increased PPL’s total cost of investment in the PMPL to Rs68.1 billion ($243.6 million), it added. 

The PMPL is a special purpose vehicle formed to manage the federal government’s 25 percent stake in the Reko Diq project. It is a consortium of three state-owned enterprises (SOEs) namely the PPL, the Oil & Gas Development Company Limited (OGDCL) and Government Holdings (Private) Limited (GHPL) which is responsible for handling financing, equity contributions and strategic, legal or technical dealings with partners like Barrick.

“The project continued to advance site works during the period (July-December FY26),” the PPL said. “The operator (Barrick) is undertaking a review of all aspects of the project, including with respect to the project’s security arrangements, development timetable and capital budget.” 

This week, Balochistan Chief Minister Sarfraz Bugti assured investors that Pakistan has the “capacity and capability” to secure the Reko Diq project amid surging militancy. 

The PPL explores, drills, and produces oil and natural gas. Its current portfolio, together with its subsidiaries and associates, consists of 47 exploratory blocks that include one offshore Block-5 in Abu Dhabi and one onshore block in Yemen.

In December, PPL signed a strategic Deed of Assignment under which it assigned 25 percent of its participating interest (PI) and operatorship of Eastern Offshore Indus C block to Turkish Petroleum Overseas Company, a unit of state-owned Türkiye Petrolleri Anonim Ortaklığı.

Assigning 20 percent PI each to OGDCL and Mari Energies Limited, the company has retained the remaining 35 percent PI to play a key role in the block’s development.