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Reps To Sponsor Five Bills to Tackle Specific Challenges in Oil Industry

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By Gloria Ikibah 
 
The House of Representatives is set introduced five bills aimed at addressing key challenges affecting Nigeria’s oil industry.
 
These bills which will be  jointly presented by the House Committee  on Petroleum Resources (Upstream) and Special Committee on Crude Oil Theft, according to Chairman of both Committees, Rep. Alhassan Ado Doguwa, at a joint meeting held on Tuesday, said that the proposed bills are part of a legislative intervention to support national efforts in securing oil and gas assets and curbing crude oil theft.
 
According to the Committee Chairman, one of the piece of legislation seeks to establish a National Commission which will be saddled with the responsibility of preventing and prosecuting pipeline vandalism and other oil sector-related crimes.
 
He said: “The Committees and indeed the entire House are deeply concerned about the increasing insecurity and criminal activities around oil-producing areas. This intervention is a legislative response intended to complement government efforts in protecting these critical national assets”.
 
Rep. Doguwa explained that the two committees, Petroleum Resources (Upstream) and the Special Committee on Crude Oil Theft share similar jurisdictional focus, particularly on crude oil production and export.
 
“In my view, these two committees essentially deal with the same core issue: crude oil. While one focuses on the theft and security aspect, the other covers the drilling and export processes. That’s why we’ve decided to meet jointly and work together on these legislative proposals,” he added.
 
He further revealed that one of the bills under the Petroleum Resources (Upstream) Committee being sponsored by Speaker TajudeenAbbas, seeks to establish a Commission to oversee the decommissioning of oil assets, an issue which he said has raised concern among host communities and stakeholders in the industry.
 
The Chairman explained that each of the five bills under consideration sponsored by different members of the committees, will collectively be presented as committee-driven legislation to reflect the collaborative effort and seriousness of the intervention.
 
“The decommissioning process is a major policy priority of the current administration, but there are gaps in oversight. That’s why the Speaker and other leaders of the House have shown interest in backing legislation that provides statutory authority and legal framework for a commission to manage this process, while also ensuring that the interests of host communities are taken into account.
 
“These bills will bear the names of different committee members, but they are not individual efforts. They represent our collective commitment to addressing the challenges in the sector and fulfilling the expectations of the leadership, government, and the Nigerian people,” Doguwa said.
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NNPC slashes petrol price twice within four days

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The Nigerian National Petroleum Company Limited, NNPCL, has slashed its fuel pump price for the second time within four days.

A market survey on Saturday by DAILY POST showed that NNPCL retail outlets around Airport Junction and Wuse Zone 6 (Berger) in Abuja have reduced their petrol price to N1210 per litre, down from N1260.

This means that the state-owned oil firm slashed the petrol price by N50 per litre.

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This comes barely two days after Dangote Refinery reduced its petrol gantry price by N50 to N1,125 per litre.

Recall that four days ago, NNPCL had adjusted its fuel price pump by N75 per litre to N1260.

With the latest drop by NNPCL retail outlets, petrol prices stand between N1210 per litre and N1305 per litre in Abuja and its environs.

The reduction in domestic fuel comes amid falling crude oil prices, which stand at $69 per barrel and $71 per barrel for West Texas Intermediate and Brent crude, respectively, following the easing of the conflict in the Middle East.

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Recall that President Bola Tinubu has kept mum amid the clamour by Nigerians for a commensurate drop in domestic fuel pump prices due to the significant reduction in crude oil prices.

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Lokoja Court order: INEC speaks on NDC, says it’s yet to receive CTC

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The Independent National Electoral Commission, INEC, has said it is yet to receive the Certified True Copy, CTC, of the Federal High Court judgment that set aside an earlier order directing it to register the Nigeria Democratic Congress, NDC, as a political party.

INEC revealed this in a statement issued on Saturday by its Chief Press Secretary and Media Adviser to the Chairman, Adedayo Oketola.

According to the commission, although it is aware of media reports on the judgment delivered by the Federal High Court sitting in Lokoja on June 26, it cannot comment on the ruling until it obtains and reviews the certified copy.

The Independent National Electoral Commission, INEC, is aware of reports circulating in the media regarding the judgment delivered on Friday, June 26, 2026, by the Federal High Court sitting in Lokoja, which set aside an earlier order concerning the registration of the Nigeria Democratic Congress.

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“However, as of this moment, the Commission has not yet received the Certified True Copy, CTC, of the court’s order,” the statement said.

INEC stated that its legal department would study the judgment upon receipt of the CTC before advising the commission on the next course of action.

“Once the Commission’s legal department receives and thoroughly studies the CTC of the judgment, INEC will take an informed, lawful decision in line with the court’s directives.

“Until then, we cannot comment on the specifics of the ruling, and the public is urged to await the Commission’s formal position on the matter,” Oketola added.

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Justice Isah Dashen of the Federal High Court in Lokoja had on Friday set aside the court’s December 10, 2025, judgment directing INEC to register the NDC as a political party.

The court held that the rights of the Peace Movement Party were affected by the earlier judgment because it was not joined in the suit despite claiming ownership of the logo relied upon in securing the registration order.

Justice Dashen consequently ordered that all parties be restored to the positions they occupied before the December 2025 judgment and directed that the substantive suit be heard afresh with all necessary parties joined.

The NDC has rejected the ruling and announced plans to appeal the decision. Its National Chairman, Senator Moses Cleopas, maintained that the party had not been deregistered and argued that the trial court lacked jurisdiction to revisit a matter on which it had already delivered a final judgment.

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The ruling has also attracted reactions from opposition figures, including the NDC’s presidential candidate, Peter Obi, the party’s National Leader, Senator Henry Dickson, and other stakeholders, who described the decision as a threat to Nigeria’s multiparty democracy and vowed to challenge it through all available legal channels.

INEC, however, maintained that it would reserve its position on the judgment until it receives and reviews the Certified True Copy.

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Just in: Police rescue five abductees in Ogun

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A joint police operation rescued five victims abducted near Ogbere Forest in Ogun state on Wednesday.

They were rescued within 25 hours by the Lagos and Ogun Police Commands, which were part of a joint operation codenamed KOSAYE, meaning “No Space” in Yoruba.

The woman was among the victims who were shot in the incident. Her daughter and sister were among those rescued by the police on Thursday.

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