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‘Cabals’ still fighting against our refinery — Dangote

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The President of Dangote Group, Alhaji Aliko Dangote, says he is still fighting for the survival of his $20bn refinery, stressing that the fight is not yet finished.

Dangote expressed optimism that he would win the fight for the refinery, stating his determination to fight on.

According to Semafor, an international news medium, Africa’s richest man spoke at an investor forum in Lagos on Friday.

The report stated that Dangote pointed out that some individuals who “for a very, very long time” have “made a lot of money from” government-subsidised oil imports into Nigeria, were the ones trying to sabotage the 650,000 barrels per day oil refinery situated in Lekki, Lagos.

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Dangote was quoted as saying that “those groups have funded resistance to the Bola Tinubu government’s removal of petrol subsidies and are opposed to the refinery operating easily in the country.”

However, Dangote was confident that the battle between him and the groups would be won, priding himself as a long-time fighter.

“We’re fighting, and the fight is not yet finished. But I have been fighting all my life, and I am ready and 100 per cent sure I will win at the end of the day,” he was quoted.

Dangote’s latest comments came as Nigeria plans to increase its capacity to stockpile petroleum products, to prepare against shocks to the global oil market following US President Donald Trump’s shake-up of international trade with the threat of tariffs.

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Recall that Dangote has since last year raised the alarm that some mafias were sabotaging his refinery.

He specifically mentioned that some international oil companies were sabotaging his investment by denying the facility adequate crude supply despite the domestic crude supply obligation.

Dangote had alleged that the Nigerian Midstream and Downstream Petroleum Regulatory Authority was issuing licences to marketers to import substandard petroleum products into the country.

He vowed to push his $20bn refinery to full operational capacity despite what he said were challenges from oil importers seeking to undermine his venture to retain their dominance in the country’s energy sector.

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At a point last year, Dangote said he regretted building the refinery, saying the mafias in the oil and gas sector were stronger than those of drugs.

However, he refused to give up on the project as the facility targets its full capacity soon.

The PUNCH recalls that the Dangote Group boss once accused some powerful individuals of frustrating his refinery.

“In a system where, for 35 years, people are used to counting good money, and all of a sudden, they see that the days of counting that money have come to an end, you don’t expect them to pray for you. Of course, you expect them to fight back.

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“And I think that is the process that we’re now really going through. But the truth is that, yes, the country, the sub-region, and also the continent of sub-Saharan Africa, need this refinery. So, you expect them to fight through non-supply of crude, non-purchase of the product, but I think it’s all temporary. We’ll get there,” Dangote added.

He had recalled that he was once persuaded by a former Minister of Energy in Saudi Arabia, Khalid Al-Falih, to shelve the idea of building a refinery. However, he said he told the former minister that he did not need his advice.

In June 2024, the Vice President of Oil and Gas at Dangote Industries Limited, Devakumar Edwin, accused IOCs in Nigeria of plans to frustrate the survival of the new Dangote refinery.

Edwin said the IOCs were “deliberately and willfully frustrating” the refinery’s efforts to buy local crude by hiking the cost above the market price, thereby forcing the refinery to import crude from countries as far as the United States, with its attendant high costs.

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Edwin also accused the NMDPRA of granting licences indiscriminately to marketers to import dirty refined products into the country.

“It appears that the objective of the IOCs is to ensure that Nigeria remains a country that exports crude oil and imports refined petroleum products. They (IOCs) are keen on exporting the raw materials to their home countries, creating employment and wealth for their countries, adding to their Gross Domestic Product, and dumping the expensive refined products into Nigeria – thus making us dependent on imported products,” Edwin had stated.

The refinery, which started petrol production last September, is seen as a way for Africa’s biggest crude oil producer to end its reliance on the costly importation of refined fuel.

It was reported that the refinery’s entry has helped push down the pump prices of refined products even as retailers count their losses.

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With the naira-for-crude deal, the Dangote refinery promised to ensure enough fuel supply to Nigeria, Africa, and the world.

IPMAN supports Dangote

The Independent Petroleum Marketers Association of Nigeria said they are with Dangote as he pushes ahead to fight the cabal.

IPMAN Publicity Secretary, Chinedu Udadike, said Dangote had promised before that he would fight the so-called cabal for the good of the masses, stressing that the association is behind him.

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He said the fight is just the usual competition in any business, especially when a product is doing better than others in the market.

“Well, this is business. Competition abounds. There is no businessman whom people will not fight if he is doing well, especially when it is only your goods that are being produced, and the others are not being patronised because of the price. So, it is evident that every businessman wants to survive. It’s not an issue. What we can do is encourage him.

“We independent marketers are happy with him for his price slashes, although sometimes it’s against our own business strategy and projections. But that is part of the business, it is profit and loss.

“You know the factor of demand and supply matter determines the market. So, if he’s talking about how people want to sabotage him, he has told us that he’s ready to fight the oil cabals, and he is in this business to ensure that Nigerians don’t suffer. So, we encourage him not to lose hope, and we independent marketers support him in all ramifications,” Ukadike said.

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No need to fight, says PETROAN

The National President of the Petroleum Products Retail Outlet Owners Association of Nigeria, Billy Gillis-Harry, said there should be no form of discord in the downstream.

According to him, Dangote should be allowed to refine its products with the naira-for-crude deal while importers and other traders should be given a level playing field to operate.

Gillis-Harry noted that there should be facts to back up all claims, saying there will be competition in any business, pleading, however, that it should be healthy.

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He appealed to the Federal Government to supply enough crude to Dangote and other refineries.

Asked whether he felt the temporary stoppage of the naira-for-crude deal by the Nigerian National Petroleum Company Limited could have prompted Dangote’s comment, he replied that there was a need to review the pilot phase of the deal, emphasising that PETROAN was always in support of the naira petrol sales deal, which he said would make petroleum products available for all Nigerians.

He stressed that other refineries are coming onstream and there will be more competitors in the market.

“I just want all players to do their business without any fight,” the PETROAN boss said.

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The naira-for-crude deal ordered by President Bola Tinubu allowed the sale of crude in naira to the Dangote refinery, prompting a crash in fuel prices.

With the supply of crude in naira, the Dangote refinery continued to crash petrol prices across the country. From about N1,100 per litre, the company slashed the price of premium motor spirit to N860.

But importers of petroleum products lamented the repeated reduction of petrol prices by the refinery. Some of the importers lamented that they were compelled to sell below their costs, as consumers only buy from where the product is cheaper.

While Nigerians were rejoicing over the price slashes, fuel importers and retailers said they were counting losses.

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Credit: PUNCH

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NASENI Reiterates Commitment to Healthcare Innovation

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NaseniBy Gloria Ikibah

The National Agency for Science and Engineering Infrastructure (NASENI), has restated its commitment to strengthening Nigeria’s healthcare sovereignty through local manufacturing of medical diagnostic technologies.

The Executive Vice Chairman and Chief Executive Officer of NASENI, Khalil Suleiman Halilu, affirmed this while hosting participants of the Harvard University-led Science of Defeating Malaria programme at a closing dinner in Abuja, following their visit to the NASENI-TROMENT Biotechnologies Factory, where they commended the facility’s role in advancing disease control and healthcare innovation in Africa.

The delegation, led by Professor Dyann F. Wirth of Harvard University and comprising about 85 global health professionals, scientists and policymakers, toured the state-of-the-art facility and described it as a significant step towards combating malaria and other infectious diseases across the continent.

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Speaking at the dinner, the NASENI boss noted that the commendation further validated the vision behind the NASENI-TROMENT Biotechnologies Factory, a strategic project initiated 18 months ago to reduce Nigeria’s dependence on imported diagnostic kits and strengthen local healthcare manufacturing capacity.

He explained that the facility is designed to produce up to 600 million diagnostic kits annually, enough to meet about 80 per cent of Nigeria’s diagnostic testing needs while creating opportunities for export to other African countries and global markets.

The factory manufactures rapid diagnostic tests (RDTs) and in-vitro diagnostic (IVD) products under the N-CheckUP brand for diseases and conditions including malaria, hepatitis B and C, HIV, typhoid, syphilis, COVID-19, pregnancy and blood glucose monitoring.

According to Halilu, the project aligns with NASENI’s broader mandate of deploying science, technology and innovation to address national challenges, create jobs and build industrial capacity.

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He expressed appreciation to Professor Wirth and members of the Harvard delegation for their recognition of the progress made at the facility and reaffirmed NASENI’s commitment to developing innovative solutions that improve lives and position Nigeria as a leading healthcare manufacturing hub in Africa.

The Science of Defeating Malaria programme, which was held in Abuja from June 7 to 13, brought together global experts committed to advancing strategies for malaria elimination and strengthening public health systems worldwide.

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Obi Slams Court Ruling Deregistering ADC, Accord, Three Other Political Parties

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By Kayode Sanni-Arewa

Ex-Labour Party presidential candidate, Peter Obi, has condemned the recent judgment of the Federal High Court in Abuja ordering the deregistration of five political parties, including the African Democratic Congress (ADC) and the Accord Party.

Justice Peter Odo Lifu of the Federal High Court reportedly directed the Independent National Electoral Commission (INEC) to immediately deregister the affected parties over alleged constitutional breaches in a ruling delivered on Monday, June 15.

Reacting to the judgment, Obi described the decision as another troubling development that could further erode public confidence in Nigeria’s democratic institutions and the judiciary.

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In a statement released on Monday, the former Anambra State governor argued that the court’s decision should be reversed, warning that weakening institutions for political purposes could have far-reaching consequences for the country.

According to Obi, the controversy surrounding the removal of former Chief Justice of Nigeria, Walter Onnoghen, had earlier raised concerns about the independence and sanctity of Nigeria’s institutions.

He noted that while investors can manage security and policy risks, uncertainty in the rule of law and perceptions of judicial vulnerability to political influence remain major deterrents to investment.

Strong economies are built on trust. Investors can manage security risks, policy risks, and even market risks. What they fear most is uncertainty in the rule of law and a judiciary that is perceived to be vulnerable to political pressure,” Obi stated.

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The former presidential candidate lamented that many Nigerians have lost faith in institutions meant to protect them, adding that businesses increasingly prefer contracts governed by foreign jurisdictions due to greater confidence in their legal systems

Obi further argued that the judgment ordering the deregistration of the ADC and other political parties would further diminish public trust in the nation’s legal system.

“The Federal High Court judgment ordering the de-registration of the ADC and other political parties is just one of those activities that further reduces the common man’s trust in our legal systems. It should be reversed,” he said.

He pledged to work towards restoring the dignity, independence, and integrity of the judiciary, emphasizing the need for a justice system that is impartial, accessible, and respected by all.

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“The common man must have a voice. The business community must be protected from legal uncertainty and intimidation. Justice must be impartial, accessible, and respected by all,” Obi added.

He also called on judges, senior advocates, legal luminaries, and lawyers across the country to defend the rule of law and safeguard Nigeria’s democratic institutions.

“To our judges, legal luminaries, senior advocates, and lawyers: this is your moment. Rise, defend the rule of law, take back your country,” he urged.

Obi concluded his statement with his popular refrain: “A New Nigeria is Possible.”

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The ruling has continued to generate debate among legal and political stakeholders, with many awaiting further reactions from the affected parties and the electoral commission.

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BREAKING: Gunmen storm NIPSS Kuru, kill two soldiers Police Officer

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…as elite policy institute fends off night raid

By Kayode Sanni-Arewa

The National Institute for Policy and Strategic Studies, NIPSS, came under heavy attack on Monday night, June 15, 2026, as suspected attackers tried to breach Nigeria’s foremost policy school near Jos.

Two soldiers and one police officer were reportedly killed before security forces repelled the assault.

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The attack began around 11:00 p.m.

Armed men attempted to force their way into the institute and reach the residential quarters where course participants were lodged, according to initial report by NewsmakersNG.

Sources said the slain police officer was the orderly attached to a retired Deputy Inspector-General of Police. The two soldiers died in the exchange of fire that followed.

But the attackers were stopped. Security operatives stationed at NIPSS mounted swift resistance and blocked access to the participants’ wing.

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“No participant was abducted because the security forces successfully repelled the attackers before they could enter the residential area,” a source familiar with the incident was quoted to have said.

—NIPSS confirms incident, urges calm—

In a press release issued early Tuesday, June 16, the institute confirmed a “security incident occurred in the vicinity of the Institute in the early hours of today.”

Management said the situation was “promptly brought under control through the swift response of security personnel and relevant security agencies.”

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“There is currently no threat to the safety of participants, staff, residents, or facilities of the Institute, and normal activities are continuing as scheduled,” said Dr. Osime Samuel, mni, Head of Public Affairs.

The institute stressed that investigations were ongoing and it would be “premature to speculate on the nature, scope, or outcome of the event.”

NIPSS said it could not confirm details circulating on social media.

“We urge members of the public and the media to rely on official communications from the Institute and relevant security agencies,” the statement added.

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–Manhunt begins, motive unclear–

As of press time, authorities had not released an official statement on the motive behind the attack.

Security has reportedly been reinforced around the institute as investigations and manhunt operations commenced.

NIPSS Kuru trains Nigeria’s top bureaucrats, military officers, and policy strategists. An attack on the institute is an attack on the country’s policy brain trust. That it was targeted at night, with participants inside, has raised fresh fears about insecurity reaching Nigeria’s elite institutions.

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For now, the guns are silent. The participants are safe. But three security men paid with their lives to keep it that way.

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