Dangote, PH refineries: Why Nigerians shouldn’t expect immediate petrol price crash - Experts - Newstrends
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Dangote, PH refineries: Why Nigerians shouldn’t expect immediate petrol price crash – Experts

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Dangote Refinery

Dangote, PH refineries: Why Nigerians shouldn’t expect immediate petrol price crash – Experts

Oil and gas experts have said that the coming on stream of both Port Harcourt and Dangote refineries may lead to some marginal reduction in the cost of petroleum products and not a significant price crash.

The experts made this known in an interview with the News Agency of Nigeria (NAN) on Sunday in Abuja.

According to them, some ancillary costs such as freight and port charges, among others would have been eliminated to achieve the marginal reduction.

The Federal Government had on December 21, announced the mechanical completion and flare start-up of the Port Hacourt Refining Company Limited (PHRC) and the subsequent streaming of its phase two in 2024.

This, according to the Minister of State Petroleum (Oil), Sen. Heineken Lokpobiri, will herald the commencement of the production of petroleum products after the Christmas break.

The PHRC comprised of two refining units, with the old plant having a refining capacity of 60,000 barrels per day (bpd) and the new plant 150,000 bpd, both summing up to 210,000 bpd.

Reacting to the development, an Associate Professor of Energy and Natural Resources, University of Abuja, Olanrewaju Aladeitan, said there should be some marginal reduction in petrol prices as some ancillary cost would have been eliminated.

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However, he explained that the price of petroleum products may not come down significantly as to describe it as crashing.

“The price may not come down significantly considering the fact that crude oil and condensates supply for the domestic market under the Petroleum Industry Act is going to be based on a willing supplier and a willing buyer basis.

“And the fact that the supply of crude oil will be commercially negotiated having regard to prevailing international market price for similar grades of crude,” he said.

With this provision, he said there would be no dedicated percentage of crude for local refineries.

“Hence international market price which of course is denominated in dollars will still be the determinant of cost of the crude oil that would be refined.

“So I do not see how the price of Petroleum products will crash,” Aladeitan said.

Also speaking, Mr Yushau Aliyu, an Economic Expert, said reaching to a mechanical test of the refinery after a very long fruitless effort was an indication that part of our refined Premium Motor Spirit (PMS) deficit would be attended.

Aliyu described it as a good signal of recovering in the forex deficit which dominated the dwindling liquidity crisis.

“In addition, the new Nigerian National Petroleum Company Limited (NNPC Ltd.) is responding to the immediate solution for availability of PMS in the economy.

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“We are expecting the NNPC Ltd.’s retail stations to reduce their pump price due to absence of landing cost in the short term effects,” he said.

Another oil and gas expert who preferred to remain anonymous said it was obvious that some people in the oil and gas sector were engaged in an act of sabotage.

He frowned at the situation where the government preferred to spend so much, including foreign currency, to import fuel, rather than fix it refineries.

“They claim that the 60,000 barrels capacity refinery in Port Harcourt is back on stream, while the 150,000 barrels capacity will work soon.

“We are waiting to see them work, including that of Warri and Kaduna. When they are put to use, let’s see why fuel prices will not crash,” the expert said.

NAN reports that pump price of PMS has increased to N660 per litre at various fuel stations in Abuja, while NNPC Ltd.’s retail outlets sell at N617 since the removal of subsidy in May 2023 due to high crude cost and high foreign exchange rate.

The after effect of the removal and high cost of fuel brought untold hardship and suffering on Nigerians due to inflation, increase in goods and services, among others.

Dangote, PH refineries: Why Nigerians shouldn’t expect immediate petrol price crash – Experts

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INEC Under Fire as Missing Voters’ Register Sparks 2027 Election Transparency Row

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2027 Elections: INEC Reveals Why Pantami, Adebutu, Others Were Excluded

INEC Under Fire as Missing Voters’ Register Sparks 2027 Election Transparency Row

 

The Independent National Electoral Commission (INEC) has come under scrutiny after explaining why Nigeria’s preliminary voters’ register was not uploaded to its official website during the period scheduled for public scrutiny, despite being displayed physically at registration areas across the country.

 

The development has triggered concerns about transparency and compliance with the Electoral Act 2026 as preparations gather momentum for the 2027 general elections.

 

INEC National Commissioner and Chairman of the Information and Voter Education Committee, Mohammed Haruna, reportedly explained that the register had been made available at the wards but was not uploaded to the commission’s website.

 

“The voter register has been published, but in the wards. It just wasn’t published on our website,” Haruna was quoted as saying by *The PUNCH*.

 

The explanation followed complaints that the commission’s online portal did not provide access to the preliminary register during the period designated for voters to check their registration details and raise objections where necessary.

 

INEC had announced that the preliminary voters’ register would be displayed nationwide from October 9 to 15, 2026, to enable registered voters to verify their details and submit claims or objections concerning errors, omissions or questionable entries.

 

The controversy has raised questions about whether physical display alone satisfies the legal requirements for the exercise, particularly for voters who cannot easily travel to their registration areas.

 

In a separate explanation reported by *Premium Times*, Haruna said the commission was receiving and compiling claims and objections arising from the physical display of the register.

 

According to the report, INEC planned to prepare a clean copy for publication by December 15, 2026.

 

However, the proposed date has not, by itself, resolved concerns about why the preliminary register was unavailable online during the stipulated period for public scrutiny.

 

Section 19(1) of the Electoral Act 2026 requires INEC to designate a seven-day period for public scrutiny of the voters’ register, with copies made available at registration areas and on its official website or another website established for that purpose.

 

The provision is designed to give registered voters and other interested persons an opportunity to identify errors, omissions and questionable entries before the register is finalised. It also provides a framework for claims and objections concerning the inclusion or omission of names and the correction of personal details.

 

Section 19(5) prescribes a penalty for an INEC official who fails to display or publish the register as required. The provision specifies a fine of ₦100,000, imprisonment for up to six months, or both.

 

The central legal question is whether displaying the register physically without making it available online during the stipulated period satisfies the requirements of the law. The controversy has therefore placed the commission’s handling of the exercise under renewed scrutiny.

 

Former Vice-President Atiku Abubakar has also criticised INEC over the absence of the preliminary register from its website, calling for the list to be made accessible so that voters can verify whether their names and personal details have been properly captured.

 

Atiku’s position is that announcing the total number of registered voters is not sufficient to enable individuals to determine whether their names appear correctly on the register. Voters need access to the detailed list to identify omissions and other discrepancies and take appropriate steps to address them.

 

The controversy has added to concerns among political stakeholders and election observers about the accessibility of electoral information ahead of the 2027 polls.

 

It comes after INEC announced that Nigeria’s national register of voters had exceeded 103 million following the completion of the three phases of the Continuous Voter Registration exercise and subsequent biometric checks.

 

INEC Chairman, Professor Joash Ojo Amupitan, disclosed the figure during an engagement with media executives in Abuja in early October. The registration exercise recorded more than 10.7 million new registrants across its three phases, subject to the commission’s verification processes.

 

Although the aggregate figure provides an indication of the size of Nigeria’s voting population, it does not enable individual voters to confirm whether their names and personal details have been correctly captured. That is why the preliminary display is an important safeguard against errors, omissions and questionable entries.

 

The absence of online access has practical implications for voters who live far from their registration areas or cannot easily visit INEC offices. Making the register available online would allow them to check their details more conveniently and identify corrections that may be required.

 

Online publication would also provide political parties, election observers and other stakeholders with an additional means of scrutinising the register and raising concerns through the appropriate procedures.

 

Although INEC maintains that the preliminary register was displayed physically at registration areas, questions remain about the failure to upload it to the website during the announced period and the implications for public access and electoral transparency.

 

With preparations for the 2027 general elections gathering momentum, the commission faces pressure to clarify the circumstances surrounding the omission and explain how affected voters will be able to exercise their rights to scrutiny and objection.

 

INEC’s reported plan to publish a clean copy by December 15, 2026, is expected to attract close attention from political parties, civil society organisations and the public.

 

However, the planned publication does not automatically settle questions about whether the earlier exercise complied with the law. The commission’s explanation, the timing of online publication and the practical access available to voters remain central to the debate over the credibility and transparency of Nigeria’s electoral process.

 

INEC Under Fire as Missing Voters’ Register Sparks 2027 Election Transparency Row

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Bill Clinton condemns anti-Muslim prejudice, cites Qur’an’s message of coexistence

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Bill Clinton condemns anti-Muslim prejudice, cites Qur’an’s message of coexistence
Former United States President Bill Clinton

Bill Clinton condemns anti-Muslim prejudice, cites Qur’an’s message of coexistence

Former US president recalls daughter Chelsea’s experience reading Islamic holy book, says people should not be denigrated because of their faith

Former United States President Bill Clinton has condemned discrimination against Muslims, declaring that he is tired of people being denigrated simply because of their religious beliefs.

Clinton made the remarks on Tuesday, October 20, 2026, while speaking at an interfaith gathering at Koinonia Worship Center in Florida, where he cited a passage from the Qur’an that encourages mutual understanding among people of different backgrounds.

The former president recalled how his daughter, Chelsea Clinton, introduced him to the message after reading the Qur’an from beginning to end when she was 15 years old.

According to reports of his speech, Clinton used the experience to highlight the importance of religious tolerance, peaceful coexistence and the need to resist prejudice against people because of their faith.

“I’m tired of people denigrating Muslims for being Muslims,” Clinton said.

He argued that religious differences should not become a basis for hostility and that people should not be judged collectively on account of the actions of individuals who share their faith.

“There are bad actors in every faith because we’re all flawed human beings,” he added.

Clinton also expressed weariness with religious wars and cultural conflicts, calling attention to the need for greater understanding across religious and cultural boundaries.

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Recounting his daughter’s experience, Clinton said Chelsea had read the Qur’an from beginning to end at the age of 15 and subsequently drew his attention to a passage concerning humanity’s diversity and the relationship between different peoples.

The passage, identified as Qur’an 49:13, is found in Surah Al-Hujurat, which teaches that Allah created humanity from a male and a female and made people into nations and tribes so that they might know one another.

The verse further states that the most honoured in the sight of Allah is the most righteous.

Clinton paraphrased the passage as a message that people were created differently not to despise one another, but to become acquainted with and learn from one another.

His reference to the verse formed a central part of his argument against religious prejudice, emphasising that differences in faith, ethnicity and culture should encourage understanding rather than discrimination.

The Qur’anic passage is widely associated with the Islamic principle of human dignity and the recognition of diversity among peoples.

Clinton’s remarks challenged the tendency to associate the actions of individuals with entire religious communities. By observing that wrongdoing occurs among followers of different faiths, he argued against treating Muslims or members of any other religious group as collectively responsible for the misconduct of particular individuals.

His comments also drew attention to the consequences of religious and cultural divisions, which can deepen mistrust and encourage hostility between communities.

The former president’s position, as reported from the event, was that people should be assessed as individuals rather than denigrated merely because they belong to a particular religion.

The remarks have attracted attention because they place the Qur’an’s message of mutual understanding at the centre of a public discussion about anti-Muslim prejudice in the United States.

Clinton spoke at the Florida gathering against the backdrop of political controversy surrounding comments about Muslim political figures in the United States.

Reports on the event linked his remarks to the debate surrounding Abdul El-Sayed, a Muslim Democratic candidate seeking election to the United States Senate from Michigan, who has faced criticism from political opponents.

President Donald Trump has reportedly used the term “jihadist” in referring to El-Sayed, drawing attention to the use of religiously charged language in American political discourse.

Clinton’s comments, however, focused on the broader issue of denigrating Muslims because of their faith and the need to promote understanding across religious communities.

The event also featured David Jolly, the Democratic candidate for governor of Florida, whose campaign was the political context for Clinton’s appearance.

The gathering brought together religious and political issues, with the former president using the occasion to speak about inclusion, tolerance and the dangers of defining people through religious hostility.

Following the circulation of Clinton’s remarks, some social media posts attributed additional statements to him and his daughter, including claims that Chelsea described the Qur’an as a “miraculous book” and declared that all negative things said about Muslims were lies.

However, those additional statements have not been established by the available reports of Clinton’s speech.

What is supported by the reported remarks is that Clinton recalled Chelsea’s reading of the Qur’an, cited the message of Surah Al-Hujurat 49:13 and condemned the denigration of Muslims because of their religious identity.

The distinction is important because a genuine statement can be accompanied by unverified additions as it spreads across social media.

Clinton’s documented message remains a call for religious tolerance and mutual understanding, rather than evidence that every statement contained in the viral version was made by him or his daughter.

The passage Clinton cited, Qur’an 49:13, states in part that Allah made humanity into nations and tribes so that people may know one another. The verse places human diversity within a moral framework in which righteousness, rather than ethnic or social identity, determines a person’s standing before Allah.

For Muslims, the passage is a reminder that differences among peoples should not automatically become grounds for contempt or discrimination.

Clinton’s decision to invoke the verse in condemning anti-Muslim prejudice has therefore brought renewed attention to its message of recognition and coexistence.

His remarks also underscore the importance of verifying quotations attributed to public figures, particularly when religious issues and politically sensitive debates are involved.

Bill Clinton condemns anti-Muslim prejudice, cites Qur’an’s message of coexistence

Source: Al Jazeera, Siasat and other published reports on Clinton’s October 20, 2026, remarks at Koinonia Worship Center, Florida.

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41 Days in Bandits’ Den: Five Islamic Clerics Still Held After Tinubu Re-Election Prayer Trip

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41 Days in Bandits’ Den: Five Islamic Clerics Still Held After Tinubu Re-Election Prayer Trip
41 Days in Bandits’ Den: Five Islamic Clerics Still Held After Tinubu Re-Election Prayer Trip

Five Islamic clerics abducted by suspected bandits in Zamfara State have remained in captivity for 41 days, renewing concerns over their safety and the persistent threat of kidnapping in Nigeria’s North-West.

The continued detention of the clerics was disclosed on Friday by conflict reporter Bakatsine, who appealed to Nigerians to continue praying for their safe return.

In an update shared on social media on October 23, 2026, Bakatsine said the Islamic scholars were still in the hands of their abductors and expressed hope that they would reunite with their families.

The clerics were reportedly abducted on September 12, 2026, while travelling towards Talata Mafara Local Government Area for a special prayer gathering organised in connection with President Bola Tinubu’s 2027 re-election bid.

The gathering was associated with Senator Abdul’aziz Abubakar Yari, a former Zamfara State governor and the Director-General of Tinubu’s re-election campaign council.

Reports identified the five clerics as Imam Yahuza, Magawata Abdullahi, Malam Shehu Dakko, Imam Bala Fagon and Na’ibi Tasi’u. They were said to have travelled from communities in Bakura and Talata Mafara local government areas to attend the gathering.

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However, the Nigerian Army clarified shortly after the incident that the clerics were not abducted at Yari’s residence, contrary to some initial reports. According to the military, intelligence indicated that the victims were seized while travelling from the Sububu Forest axis in Bakura towards Talata Mafara.

The Zamfara State Police Command also confirmed the incident, stating that armed men had intercepted the clerics’ vehicle along the Dakko–Damri feeder road in Bakura Local Government Area and that efforts were underway to rescue them.

There were initial reports that six Islamic clerics had been abducted, although the latest reports identifying those still in captivity named five victims.

Reports following the abduction indicated that the kidnappers demanded a ransom of ₦100 million from the victims’ families before the amount was reportedly reduced to ₦30 million during negotiations. However, there has been no confirmed public update on the progress of the negotiations or whether the demand has been met.

As of Friday, October 23, there was no confirmed information that the clerics had been released. Their current whereabouts and condition also remained unclear.

The prolonged captivity has heightened concerns over the security situation in Zamfara State, where armed groups have continued to abduct travellers and residents for ransom.

The incident has also drawn attention to the risks faced by people travelling between rural communities in the state, despite security operations aimed at curbing banditry.

Families of kidnapped victims and residents of affected communities have repeatedly called for stronger security measures and more effective rescue operations to prevent further abductions and secure the release of those still being held.

Bakatsine’s latest appeal has renewed calls for continued public concern over the fate of the five clerics as their families await news of their safe return.

 

41 Days in Bandits’ Den: Five Islamic Clerics Still Held After Tinubu Re-Election Prayer Trip

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