Nigerians demand removal of NMDPRA boss over Dangote refinery – Newstrends
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Nigerians demand removal of NMDPRA boss over Dangote refinery

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Chief Executive of the Nigerian Midstream and Downstream Petroleum Authority, Farouk Ahmed

Nigerians demand removal of NMDPRA boss over Dangote refinery

Nigerians have called out the Chief Executive of the Nigerian Midstream and Downstream Petroleum Authority, Farouk Ahmed, for saying the diesel produced by the $20bn Dangote refinery is inferior to the ones imported into the country.

It appears Ahmed incurred the wrath of Nigerians, who accused him of trying to demarket the refinery owned by Africa’s richest man, Aliko Dangote.

PUNCH Online reported earlier that Ahmed had told the Dangote refinery that the Federal Government would not stop the importation of petroleum products, saying Nigeria cannot depend on one refinery to feed the nation.

The agency also said the diesel from the Dangote refinery contains a high sulphur content of about 1,000 parts per million.

Reacting to allegations that the NMDPRA was giving licences to some traders to import dirty fuel into Nigeria, Ahmed argued that it was the Dangote fuel that had the larger content of sulphur.

He revealed that the refinery, which has been selling diesel and aviation fuel in Nigeria for months, has not been licensed, stating that it is still at the pre-commissioning stage.

“The claim by some media houses that there were steps to scuttle the Dangote refinery is not so. The Dangote refinery is still in the pre-commissioning stage. It has not been licensed yet; we haven’t licensed them yet. They are still in the pre-commissioning. I think they have about 45 per cent completion,” he declared.

The NMDPRA boss warned that Nigeria cannot rely heavily on the Dangote refinery for its fuel supply.

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According to him, the refinery had requested the regulator to stop giving import licences to other marketers so as to be the only fuel supplier in Nigeria.

“We cannot rely heavily on one refinery to feed the nation, because Dangote is requesting that we should suspend or stop importation of all petroleum products, especially AGO and direct all marketers to the refinery, that is not good for the nation in terms of energy security. And that is not good for the market, because of monopoly,” he stressed.

Speaking about quality, he said, “So, in terms of quality, currently the AGO quality in terms of sulphur is the lowest as far as the West African requirement of 50 ppm is concerned.

“Dangote refinery and some modular refineries, like Waltersmith refinery and Aradel refinery, are producing between 650 to 1,200ppm. So, in terms of quality, their product is much more inferior to the imported quality,” he alleged.

While the Dangote Group has yet to react officially to the allegations from the chief executive, Nigerians have taken to social media to demand Ahmed’s removal by President Bola Tinubu.

An X user, Ohiozoje Augustine, said, “He should be immediately relieved of his duties to prevent the damaging impression that his actions were endorsed by those at the top.”

@realist_waley opined: “It’s a very deliberate reckless talk that should warrant a query from the government. This is an obvious economic sabotage and that guy needs to be suspended.”

@Talk2me001, replied the NMDPRA boss: “This is your own selfish agenda. Why do we need to import when we already have Dangote producing legally? Truly, Dangote is right then, that the oil cabals are more dangerous than drug cabals.”

@Dankatsina50 said: “This is a strategy to frustrate Dangote refinery. This has been the game of the oil cabals that has made a whole country not have a single functioning refinery for years. They should allow him to be selling the inferior one to us like that, we will buy it.”

@Gviev commented, “I hope the Central Bank of Nigeria Governor and Minister of Finance are listening to this man. We are talking about promoting local production and exports to reduce demand for foreign exchange and strengthen the naira. He and the oil marketers are rather focused on their selfish interest to keep importing and depressing the naira.

“You should be talking about competition for local producers instead of trying to manipulate Nigerians to focus on your propaganda that Dangote wants a monopoly. Well, it’s Nigeria that will suffer it because Dangote Refinery will just focus on exports.”

Johnson Ayodeji asked, “Oga, is it Dangote that made the government-owned refineries moribund for decades? or has Dangote stopped any other person from building a refinery? We know the enemies of our country.”

Sola Solarin claimed, “This statement is self-indicting. If Dangote has not been licensed, why is he being allowed to sell diesel? If Dangote can meet our local needs, why do we need to import? We can restrict import without compromising energy security.”

Nigerians demand removal of NMDPRA boss over Dangote refinery

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Tinubu extremely wealthy, can’t loot Nigeria’s treasury, says minister

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President Bola Ahmed Tinubu

Tinubu extremely wealthy, can’t loot Nigeria’s treasury, says minister

The Minister of State for Youth Development, Ayodele Olawande, has described President Bola Tinubu as an epitome of wealth with no interest to loot Nigeria’s resources.

Olawande stated this while speaking at the Joint Union Negotiating Council’s week of the Federal Ministry of Youth Development branch in Abuja.

The minister also appealed to Nigerians to be patient with the president, noting that in no distant time there will be positive changes.

He said, “I urge you to be patient with this administration. In no distant time, the country will take good shape and the lives of the citizens will be transformed.

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“President Bola Ahmed Tinubu is not a pauper; he is an acknowledged epitome of wealth and so it cannot be said of him that he desires to loot the treasury of Nigeria.”

Olawande continued, “He has seen money and as a result of this, he is not interested in looting the nation’s treasury.”

He emphasized that the administration is putting in efforts to transform the lives of Nigerians through various policies of the federal government.

Olawande thanked the staff of the ministry for being supportive of the government policies and assured them that their welfare will not be compromised.

Tinubu extremely wealthy, can’t loot Nigeria’s treasury, says minister

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BREAKING: Nigeria’s inflation rate slows for second consecutive month to 32.15% – NBS

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BREAKING: Nigeria’s inflation rate slows for second consecutive month to 32.15% – NBS

Nigeria’s headline inflation rate eased to 32.15% in August 2024 down from the 33.40% recorded in July 2024, reflecting a decrease of 1.25 percentage points.

This represents the second consecutive monthly slowdown in inflation after easing in the previous month.

This is according to the Consumer Price Index (CPI) report published by the National Bureau of Statistics (NBS).

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However, on a year-on-year basis, the August 2024 inflation rate was 6.35 percentage points higher than the 25.80% rate recorded in August 2023, indicating a significant increase over the past year.

On a month-on-month basis, the inflation rate in August 2024 stood at 2.22%, slightly lower than July’s rate of 2.28%, signaling a slower pace in the increase of the average price level compared to the previous month.

BREAKING: Nigeria’s inflation rate slows for second consecutive month to 32.15% – NBS

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Edo poll: Six persons arrested in Benin hotel with fake PDP letterheads, forged signatures

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Edo poll: Six persons arrested in Benin hotel with fake PDP letterheads, forged signatures

Operatives of the Nigeria Police Force have arrested six young men in a hotel located in the Government Reserved Area (GRA) of Benin City with fake letterheads, stamps, and forged signatures belonging to the Peoples Democratic Party (PDP) and its chieftains.

The young men, who were apprehended with incriminating materials such as printers, mobile phones, power banks, laptops, and a photocopy machine, are believed to have been involved in drafting and circulating fake PDP letters and statements.

Their objective was to paint the PDP as instigators of unrest ahead of the forthcoming Edo governorship election, scheduled for Saturday, September 21, 2024.

The arrest, which was made following a tip-off, uncovered an elaborate scheme allegedly designed to discredit the PDP and its leaders by sending fabricated documents to unsuspecting journalists.

These fake letters and statements, according to police sources, were intended to portray the party as warmongers and troublemakers in the run-up to the critical election.

A police officer involved in the operation, who asked to remain anonymous, revealed that the suspects had been using the hotel as their base of operations for weeks.

“We found that these individuals were using forged PDP letterheads, stamps, and signatures to create fake documents.

“Their goal was to send out these documents to journalists in an attempt to misrepresent the PDP and create an atmosphere of tension ahead of the elections,” the officer said.

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In addition to the counterfeit materials, the police discovered that the young men had several technological devices, including laptops and printers, which they used to produce and disseminate the fraudulent documents.

“Their setup was sophisticated. They had everything they needed to make the documents appear legitimate, from forged letterheads to printers.

“We also found power banks, mobile phones, and a photocopy machine, which they used to mass-produce the fake letters,” the officer added.

Further investigation has revealed that the six young men were funded by a chieftain of the All Progressives Congress (APC) in the state.

Meanwhile, another police source disclosed that the Nigeria Police Force, Edo State Command, has come under intense pressure from senior APC figures, who are reportedly pushing for the release of the arrested men.

“Since the arrest, there has been immense pressure on us from certain chieftains within the APC, urging the command to release these individuals.

“We believe that their involvement with these young men is being covered up, and they are worried about the potential fallout from this arrest,” the source noted.

A journalist with one of the prominent national newspapers, who had been unknowingly receiving fake statements from the group, expressed shock upon hearing about the arrests.

“It’s alarming to think that we’ve been receiving statements from people who were impersonating the PDP. This shows how low some people will go to try and sabotage the other party. The integrity of this election is now under serious question,” the journalist stated.

The Edo State Police Command has yet to issue an official statement on the matter, but sources within the command say investigations are ongoing, and the suspects remain in custody.

Edo poll: Six persons arrested in Benin hotel with fake PDP letterheads, forged signatures

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