News
Dangote refinery builds eight more tanks for imported crude

The Dangote Petroleum Refinery is building eight more tanks in its bid to have enough storage for imported crude oil.
A report by Africa Report has it that the refinery is ramping up its storage capacity by 6.29 million barrels, equivalent to 1 billion litres.
The report stated that the $20bn refinery is planning to stockpile imported crude oil as local supplies became unreliable.
Officials of the refinery were quoted as saying that low crude supply from the Nigerian National Petroleum Company Limited “is driving import dependence.”
The building of eight additional tanks will see crude storage capacity at the $20bn refinery jump by 41.67 per cent to 3.4 billion litres.
“Importing crude from other countries instead of buying locally means that our crude stockpiles will have to be higher,” the Vice President in charge of oil and gas business at Dangote Industries, Devakumar Edwin, was quoted as having said.
“So we have started building eight additional crude tanks to hold a billion litres, over and above our original storage capacity. Four of them are nearing completion,” Edwin added.
The refinery currently has 20 crude storage tanks with a capacity of 120 million litres each, totalling 2.4 billion litres.
Its refined product tanks have a total capacity of 2.34 billion litres.
Dangote began producing diesel and aviation fuel in January 2024, and petrol in September, with products supplied to the domestic market and exported to several countries.
Edwin described the supply of crude oil from the NNPC to the Dangote refinery as “still very low”.
Nigeria, which is Africa’s biggest oil producer, was importing its fuels until last year when the Dangote refinery came on stream.
Today, the NNPC’s Warri and Port Harcourt refineries have resumed operations, indicating that the company would have to supply crude to the two facilities aside from the percentage committed to servicing its loans.
Nigeria has continued to contend with underinvestment and production outages caused largely by theft and pipeline vandalism, which have seen it lose its top spot in Africa several times in recent years.
However, the Nigerian Upstream Petroleum Regulatory Commission said last month that crude is 1.45 million barrels per day as of November, 99 per cent of its 1.5mbpd OPEC quota.
The PUNCH reports that Dangote’s decision to expand storage facilities for imported crude could be an indication that the naira-for-crude deal ordered by President Bola Tinubu might be fading out gradually.
Before President Bola Tinubu ordered the sale of crude to Dangote refinery in August, the facility had battled months of crude shortage.
The President of the Dangote Group, Alhaji Aliko Dangote, accused international oil companies of plans to sabotage the refinery by refusing to supply crude oil.
On July 29, the Federal Executive Council approved a proposal by Tinubu for the NNPC to sell crude oil to local refineries in naira.
It approved that the 450,000 barrels meant for domestic consumption be offered in naira to the refineries, using the Dangote refinery as a pilot.
The implementation of the initiative started on 1 October, with the NNPC expected to commence the supply of about 385,000 bpd of crude oil to the Dangote refinery to be paid for in naira.
Aliko Dangote, president of Dangote Industries, said in December that the naira-for-crude deal has led to a reduction in prices of petroleum products in the country
At the moment, the Dangote refinery is ramping up production as its petrol gathers momentum among Nigerian vehicle owners.
News
Finland charges Simon Ekpa with inciting terrorism

Finnish prosecutors on Friday said they had charged a man with inciting terrorism online who a media report identified as Nigerian separatist leader Simon Ekpa.
Finland’s National Prosecution Authority said in a statement that it had charged “a Finnish individual in a case involving suspected public incitement to commit crimes with terrorist intent and participation in the activities of a terrorist group.”
It added that the alleged crimes had been committed in the city of Lahti between 2021 and 2024 and were related to the suspect’s efforts to establish Nigeria’s Biafra region as an independent state.
The prosecution authority did not name the accused but Finnish public broadcaster YLE identified him as separatist leader Simon Ekpa.
Ekpa — who claims to lead the Biafra Republic’s government in exile — was detained in November.
According to the prosecution authority, the accused remained in custody and denied the charges.
Ekpa is known as a self-proclaimed leader of a faction of the Indigenous People of Biafra (IPOB), which is pushing for the independence of Nigeria’s southeast, where a bloody civil war was fought in the late 1960s.
The dual Finnish-Nigerian national has also been a local representative for Finland’s conservative National Coalition Party in the city of Lahti, north of Helsinki, where he has served on a public transport committee.
When Ekpa was arrested, Finnish authorities also requested that four other people be remanded in custody on suspicion of financing Ekpa’s activities.
On Friday, the prosecution authority said the prosecutor had decided to drop charges against four others in the case due to a lack of evidence.
Ekpa has been the subject of several of AFP’s fact checks in recent years over false claims and disinformation he has made in independence campaigning.
AFP
News
FCTA unveils FCT Lottery Regulatory Office

In a bid invigorate the gaming industry in Abuja, the Federal Capital Territory Administration (FCTA), alongside the Director-General of the newly established FCT Lottery Regulatory Office, Lanre Gbajabiamila, has inaugurated a new office.
At a briefing, Gbajabiamila announced the office’s readiness to begin full regulatory oversight of all lottery and gaming operations within the territory, urging operators to begin submitting applications for new licences.
The FCT-LRO became necessary following the Supreme Court judgment in AG Lagos & Ors vs AG Federation & Anor SC/1/2008, which clarified that the FCT has the constitutional right to regulate gaming and lottery activities within its boundaries.
Gbajabiamila promised a regulatory environment built on clarity, stability, and global best practices.
According to him, the office aims to unlock the economic potential of the gaming sector, while boosting investor confidence and increasing internally generated revenue (IGR) for the FCT.
“Our priorities include collaboration with the Office of the FCT Minister and the FCT Internal Revenue Service (FCT-IRS) to ensure proper oversight, fair practices, and prompt revenue remittance,” he said.
He further reassured existing operators that all licenses previously issued by the now-defunct National Lottery Regulatory Commission (NLRC) remain valid until expiration, and renewal fees remain the same under the new FCT Lottery Regulatory Office.
Acting Executive Chairman of the FCT-IRS, Michael Ango, praised the initiative as a strategic tool for economic growth.
He said it aligns with the broader vision of the Wike-led FCT administration to transform Abuja into a world-class capital.
“Abuja is fast emerging as a major tourist and leisure destination. The gaming sector is a vital piece of that puzzle, with huge potential to attract investment, create jobs, and boost economic activity,” Ango said.
He emphasised that the collaboration between the IRS and the FCT Lotteries Office will ensure efficient revenue generation and foster a responsible gaming environment that benefits both operators and residents.
With this development, the FCT is staking its claim as a serious player in Nigeria’s gaming industry, determined to regulate, grow, and profit from a sector long marked by inconsistency and underutilised potential.
News
Our members defecting to APC have ‘sins’ and are soliciting for forgiveness – Senator Abba Moro

Senate Minority Leader, Abba Moro, has said that soon people would understand the reason for mass defections from other political parties to the ruling All Progressives Congress (APC).
Recall there has been a gale of defections from the Peoples Democratic Party (PDP) to the APC.
Former presidential running mate of the PDP, Ifeanyi Okowa, Delta State Governor, Sheriff Oborevwori, and all PDP members in the House of Representatives from Delta State, defected to the APC.
Similarly, three PDP senators from Kebbi State defected to the APC.
In an interview with AIT’s ‘Focus Nigeria’, Moro said those party members who defected to the APC have sinned and are looking for forgiveness.
He said, “When history unfolds, we are going to have the privilege of knowing the main reasons why people are moving from PDP to the ruling party.
“It has always been the practice though, people don’t want to stay outside the corridors of power and so they quickly begin to realize that in the opposition, they won’t be getting as much as they want to get.
“Some of them who have been helmsmen at their various levels in the states, LGs, and Senate certainly have more reasons than Mets the eyes to moving to the ruling party.
“Don’t forget that a chieftain of the APC at one point said, if you move from your party to the APC, your sins are forgiven – so given the antecedents of some of the characters that are moving now – you can only conclude that they are only attesting to this assertion.
“They have sins and are looking for forgiveness, politically, these displaced persons may be going to the ruling party to ask for forgiveness, but is it in the interest of this country? Is it in the interest of democracy? Is it in the interest of the political development of this country that people continue to move from one political platform to the other?
“Where have principles taken flight to? Where has value taken flight to? You were elected on the platform of a political party and as the Supreme Court ruled, its political parties that people vote for, then you suddenly decide that you want to move to another political party which is predicated on the nebulous excuse that you are doing that in the interest of your constituency.”
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