Adhere to established regulations in petroleum industry, Arewa youths slam Dangote – Newstrends
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Adhere to established regulations in petroleum industry, Arewa youths slam Dangote

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4 months ago

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President of Dangote Group, Aliko Dangote

Adhere to established regulations in petroleum industry, Arewa youths slam Dangote

The Arewa Youth Assembly (AYA) has called on billionaire businessman Aliko Dangote to respect the authority of the Nigerian National Petroleum Company Limited (NNPCL) and adhere to established regulations in the petroleum industry.

In a press conference held in Abuja on Sunday, AYA’s Speaker, Mohammed Salihu Danlami, emphasized that regulatory bodies like NNPCL, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), and the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) have long been in place before the establishment of Dangote’s refinery.

“It would be highly selfish for Dangote to expect these regulatory bodies to bend their protocols for his personal interest,” Danlami stated. The youth group urged Dangote to abide by the existing regulations, noting that these sectors are governed by stringent rules.

“Even the Dangote Group has its own rules and regulations which all stakeholders must adhere to,” Danlami pointed out. “Dangote, from our findings, wants to dictate the prices at which crude should be sold to him, which goes against the principles of best practice. He is pushing for Bonny Light crude to be sold to him at his desired rate and wants NUPRC to compel international oil companies to comply with this agenda. This ignores the willing buyer-willing seller principle.”

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The AYA further accused Dangote of attempting to monopolize the market by pressuring NMDPRA not to license other importers. “When NMDPRA refused, he resorted to blackmail, trying to incite Nigerians against the regulatory body by accusing it of licensing marketers who bring substandard products into the country,” Danlami added.

The youth group called on the National Assembly to publish laboratory results from Dangote’s refinery, alleging that the products might be substandard. “Mr. Dangote has operated in industries with minimal regulation, but the oil and energy sectors are different. He should work collaboratively for the nation’s interest unless he aims to undermine President Bola Ahmed Tinubu’s Renewed Hope agenda,” Danlami warned.

In conclusion, the AYA demanded that Dangote apologize to the government and other business competitors for defamation or face legal consequences. “The Nigerian government is committed to excellence, and Dangote should exemplify quality rather than pursuing selfish desires,” Danlami asserted.

Adhere to established regulations in petroleum industry, Arewa youths slam Dangote

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Edo Gov Okpebholo freezes govt accounts, reverses ministry’s name

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7 hours ago

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November 14, 2024

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Edo State Governor, Monday Okpebholo

Edo Gov Okpebholo freezes govt accounts, reverses ministry’s name

Edo State Governor, Monday Okpebholo, has directed the immediate freezing of all state-owned bank accounts.

In a statement issued on Thursday by his Chief Press Secretary, Fred Itua, the governor stated that the accounts would remain frozen until further notice.

He instructed commercial banks, ministries, departments, and agencies (MDAs) to comply with the order immediately or face severe consequences.

The statement reads: “All state bank accounts with commercial banks have been frozen. Commercial banks must comply with this order and ensure that not a single naira is withdrawn from government coffers until further notice.

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“Heads of Ministries, Departments, and Agencies must ensure full compliance without delay.

“Following necessary investigations and reconciliations, the governor will take appropriate action and decide on the way forward. For now, this order remains in effect.”

Okpebholo also directed relevant agencies to revert the name of the Ministry of Roads and Bridges to its previous title, the Ministry of Works, a change made during the Godwin Obaseki administration.

“It is odd to name a government institution the Ministry of Roads and Bridges, especially when not a single bridge was built by the previous administration — not even a pedestrian bridge.

“In the coming days, we will examine further actions taken by the previous administration and make decisions that serve the best interests of the state,” the statement added.

 

Edo Gov Okpebholo freezes govt accounts, reverses ministry’s name

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Israel-Palestinian conflict: Two-state solution is a deception, says Gumi

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16 hours ago

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November 14, 2024

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Prominent Islamic scholar Dr. Ahmad Mahmud Gumi

Israel-Palestinian conflict: Two-state solution is a deception, says Gumi

Prominent Islamic scholar Dr. Ahmad Mahmud Gumi has criticized the widely discussed two-state solution for the Israel-Palestine conflict, calling it a “deception.”

His remarks followed a recent summit of the Organisation of Islamic Cooperation (OIC) in Riyadh, where President Bola Tinubu and other leaders condemned Israel’s actions in Gaza and urged an end to hostilities.

In an interview with Daily Trust at his Kaduna residence, Gumi argued, “This Two-State Solution is a deception. No Israeli will allow a Palestinian to survive, and Palestinians will never allow Israel to survive.

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The only solution is to dissolve the two states and create a democratically electable region.”

Gumi commended the OIC’s support for Palestine, noting that Muslims and Arabs worldwide increasingly see the treatment of Palestinians as “genocide” and accuse Israel of human rights abuses.

He also called for a return to the pre-1948 structure, where Palestinians, Jews, and Christians lived together, suggesting a single, inclusive state that allows peaceful coexistence.

“When I hear people talking about Two-State Solutions, I know they are just deceiving themselves,” Gumi added, advocating for a unified region where people of all faiths can live together, similar to the multi-faith coexistence seen in countries like the United States.

 

Israel-Palestinian conflict: Two-state solution is a deception, says Gumi

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Court sacks Ondo LP candidate, two days to governorship poll

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16 hours ago

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November 14, 2024

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Olusola Ebiseni

Court sacks Ondo LP candidate, two days to governorship poll

The Labour Party candidature of Olusola Ebiseni for the upcoming gubernatorial election in Ondo State has been nullified.

The nullification follows the sacking of Ebiseni by the Court of Appeal, sitting in Abuja, on Wednesday.

The governorship election of the southwest State will hold on Saturday, 16 November 2024.

The judgement disqualifying Ebiseni was unanimously delivered by the three members of the panel and read out by the chairman of the panel, Justice Adebukola Banjoko.

The judgment granted the prayer of the Labour Party who preferred the case against Ebiseni.

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Justice Banjoko held that, “the appeal marked CA/ABJ/CV/1172/2024 brought by the Labour Party against Chief Olusola Ebiseni and two others is allowed.”

Justice Banjoko further stated that the Certified True Copy of the judgment would be provided to the parties involved in the appeal as soon as possible for their review.

Recall that Justice Emeka Nwite of the Federal High Court in Abuja had ordered the Independent National Electoral Commission to accept and recognize Olusola Ebiseni and Ezekiel Awude as the Labour Party’s governorship and deputy governorship candidates for the November 16 Ondo State governorship elections.

Justice Nwite confirmed that the second primary election conducted by the Labour Party, which resulted in Ebiseni and Awude being selected as candidates, was valid and should be upheld by INEC.

However, the appellate court has now overturned the judgment of the trial court’s judgment.

 

Court sacks Ondo LP candidate, two days to governorship poll

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