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Reactivated refineries : Obasanjo queries their capacities
Ex- Nigerian President Olusegun Obasanjo has made fresh assertions about the management of government-owned refineries in Nigeria, criticizing the Nigerian National Petroleum Corporation Limited (NNPCL) and raising concerns about its capacity to operate the refineries effectively.
In an interview with Channels Television, published on Thursday, Obasanjo questioned recent claims by President Bola Tinubu’s administration that the refineries have resumed operations.
He expressed skepticism, using a Yoruba proverb to emphasize that those who lie about their accomplishments will eventually be forced to confront the truth.
Shell’s Rejection and a Missed Opportunity
Obasanjo recalled his efforts during his presidency to involve Shell in managing the nation’s refineries. Despite his offer, Shell declined, citing concerns about the operational inefficiency and political challenges surrounding the facilities.
He also shed light on a missed opportunity in 2007 when billionaire businessman Aliko Dangote and his team offered $750 million to manage the Port Harcourt and Kaduna refineries under a Public-Private Partnership (PPP). Obasanjo negotiated the deal, only for his successor to reject it and refund Dangote’s investment. The rejection, according to Obasanjo, was based on assurances from the NNPCL that it could handle the refineries. However, Obasanjo firmly asserted that the corporation lacked the expertise and capacity to fulfill such promises.
Despite his criticism of the NNPCL, Obasanjo expressed faith in Dangote’s ability to manage the privately owned Dangote Refinery in Lagos. Highlighting Dangote’s track record as an entrepreneur, Obasanjo noted that private sector-led initiatives are often more efficient and less burdened by bureaucratic challenges than government-run enterprises.
Refineries and Nigeria’s Oil Sector
Obasanjo’s remarks reignite longstanding debates about the effectiveness of Nigeria’s approach to managing its oil sector. Many observers argue that government-owned refineries have struggled due to poor maintenance, mismanagement, and corruption. While privatization and public-private partnerships have been proposed as solutions, successive administrations have often resisted such measures, citing concerns over national sovereignty and control.
The Bigger Picture
Obasanjo’s criticism comes at a time when Nigerians are grappling with high fuel prices and economic challenges. His statements could further fuel discussions on the need for structural reforms in the oil and gas sector. Meanwhile, the success of the Dangote Refinery, expected to be a game-changer for Nigeria’s refining capacity, may serve as a benchmark for what private sector participation can achieve.
This candid reflection by the former president underscores the importance of leadership, transparency, and innovation in addressing Nigeria’s long-standing energy challenges.
News
Just in: Kwara youths protest prolonged abduction of 176 women, kids by Boko Haram
Some concerned youths in the Kaiama Local Government Area of Kwara State have staged a peaceful protest, calling on authorities to urgently address the worsening security situation and ensure the safe return of 176 women and children reportedly abducted during a recent attack on Woro community.
The demonstrators, who marched through parts of Kaiama town on Tuesday, carried placards bearing messages such as, “Hear our voices, stop the killing. Bad road. Bad network. Bring back our women and children.”
The protest comes barely 24 hours after a deadly attack on Kemanji community in Kaiama LGA, which left multiple casualties and scores missing.
The media had earlier gathered that suspected terrorists invaded Kemanji in the early hours of Monday, killing at least four soldiers and leaving a local vigilante member critically injured after overpowering security operatives.
According to community sources, the attackers struck at about 3am, executing a threat earlier issued in a letter reportedly sent to the community days before the assault.
Residents said the gunmen stormed the town under the cover of darkness, firing sporadically and triggering panic as villagers fled for safety.
Security personnel, including soldiers of the Nigerian Army and local vigilantes, were said to have engaged the assailants in a fierce gun battle that lasted nearly two hours.
A resident, who spoke on condition of anonymity, described the attackers as heavily armed and highly coordinated.
“They came in large numbers and started shooting immediately. The soldiers tried their best to repel them, but the attackers had already gained ground,” the source said.
The media learned that four soldiers were killed during the confrontation, while a member of the local vigilante group sustained gunshot wounds and remains in critical condition.
Sources further disclosed that the attackers deployed explosive devices against a military position shortly after arriving, causing significant damage and weakening the defence.
“They used explosives on the soldiers’ camp. That was what gave them the upper hand,” another community source added.
In the aftermath of the attack, dozens of residents were reported missing, with fears that many were abducted by the fleeing gunmen.
“They took many people away. As we speak, families are searching for their loved ones. Nobody knows the exact number yet,” a local resident said.
The assailants were also said to have carted away military patrol vehicles and motorcycles before escaping.
News
NMDPRA approves F-500 Encapsulator Agent for oil depots, pipelines with strict three-year terms
The Nigerian Midstream and Downstream Petroleum Regulatory Authority has approved the F-500 Encapsulator Agent fire suppressant for use across midstream and downstream petroleum operations, subject to strict three-year conditions and regulatory monitoring.

The fluorine-free agent is now cleared for deployment in depots, pipelines and processing facilities, the NMDPRA said in a circular dated March 12, 2026 and signed by Mustapha Lamorde, PhD, on behalf of the Authority Chief Executive.
The sector-wide approval followed a two-step process.
Okama Infinity Nigeria Limited received company-specific clearance in February 2025 after the product passed Safety Data Sheet validation and eco-toxicity tests under Nigerian conditions.
The March directive extends eligibility to all licensees, operators, and service providers.
Under the Petroleum Industry Act and 2023 environmental regulations, the NMDPRA said the approval is conditional and revocable. It runs for three years from March 12, 2026.
Operators must comply fully with existing petroleum and environmental laws. Any change to the product’s formulation without prior approval voids the clearance and triggers mandatory re-certification.
Distributors must file quarterly inventory returns showing volumes imported, distributed, and deployed. The regulator reserves the right to review, revise, or withdraw approval based on field performance or new evidence.
The F-500 Encapsulator Agent offers a non-toxic, fluorine-free alternative to older foam systems that have raised environmental concerns. Fire risk remains a major hazard in petroleum storage and transport.
The NMDPRA said the rollout will be closely monitored to ensure field performance matches technical claims. For operators, the approval adds fire response capability but also increases reporting and compliance duties.
Managing Director of Okama Infinity Nigeria Limited, Sir Oghenekaro Jockey expressed joy over the approval granted by the regulatory agency.
Jockey assured stakeholders of the company’s commitment to excellent service delivery.
News
Ex SGF Babachir reveals what Buhari told him about Tinubu before his demise
Former Secretary to the Government of the Federation, Babachir Lawal has shared details of a private conversation he had with late President Muhammadu Buhari about his political ties and disagreements involving President Bola Ahmed Tinubu.
Recall that Lawal spoke in an interview on Channels Television, where he said the conversation happened shortly before Buhari’s death.
He explained that Buhari warned him about possible political disagreements that could come up between him and Tinubu in the future.
According to him, the late president said such situations were likely but should be handled carefully.
He said Buhari advised that any clash in political views should remain focused on governance and public issues.
The former president, he added, made it clear that personal attacks should be avoided, and discussions should remain centered on national matters rather than personal matters.
Lawal said he accepted the advice and made a promise to follow it. He explained that since then, he has tried to keep his public comments about Tinubu within political issues only, without bringing in personal matters.
He added that Buhari told him he might end up in political disagreement with someone he considered a friend, but he should avoid turning it into something personal. Lawal said he agreed to that guidance at the time and has tried to respect it in his political activities.
Quoting his exchange with Buhari, Lawal said the late president told him, “You are going to fight your friend politically; please promise me you will not go personal with your fight.”
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