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Reps Set To Investigate IOCs Over Alleged Sabotage Of Dangote Refinery

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By Gloria Ikibah 
 
The House of Representatives is determined to investigate the alleged conspiracy by International Oil Companies (IOCs) to frustrate the operations and survival of Dangote Refinery and actual percentage holding of the federal government in the refinery.
 
The House also directed the Minister of Petroleum Resources, and all relevant MDAs to immediately take urgent steps and intervene in the matter of crude oil supply to Dangote Refinery.
 
The House also resolved to investigate the inability of NNPC Ltd to subscribe for the 20 percent shares in Dangote refinery and lack of supply of crude oil to Dangote Refinery.
 
 
It further advocated for the Federal Government, Nigeria Upstream Petroleum Regulatory Commission ( NUPRC), Nigeria Midstream and Downstream Regulatory Agency (NMDRA), key stakeholders and well-meaning Nigerians to support Dangote Refinery to succeed.
 
These resolutions was sequel to the adoption of a motion of urgent public importance moved by the Minority Leader, Rep. Kingsley Chinda at plenary on Thursday.
 
Debating the motion, Rep. Chinda said  Nigeria is a major oil producing and exporting country for several years have continued to import refined petroleum products from other countries, to the detriment of the economic well-being of the country.
 
According to him, Dangote Refinery, with a capacity of 650,000 barrels per day (bpd) is said to be Africa’s largest refinery, and the World’s 7th largest by capacity, and its construction was meant to alleviate the petroleum products needs and accompanying pains faced by Nigerians.
 
The Minority Leader also stated that recently, the Management of Dangote Refinery had accused IOCs operating in the country of conspiracy, in an attempt to frustrate the smooth operations of the refinery. 
 
Chinda said the alleged conspiracy against Dangote refinery relates to efforts by the IOCs to deliberately frustrate the refinery’s to buy local crude oil by manipulating and jerking up the premium price above the market price, thus forcing the refinery to reduce output, as well as import oil at exorbitant cost from other countries.
 
The Minority Leader said according to the management of Dangote Refinery, while the NUPRC was trying its best to allocate crude to Dangote Refinery, the IOCs were deliberately frustrating the refinery’s effort to buy the local crude.
 
He quoted the management of Dangote Refinery of alleging that NMDPRA was still granting import licenses, indiscriminately, to marketers to import sub-standard refined petroleum products into the country.
 
He therefore expressed concern that whereas the IOCs are keen on exporting raw materials to their home countries and creating wealth and employment for their countries, thereby adding to their GDP, Nigeria continued to be a dumping ground for the refined products, making citizens dependent on imported petroleum products.
 
“The IOCs strategy/plan which is capable of making Nigeria face higher rate of unemployment and poverty. There is an urgent need for the Federal government, relevant MDAs, including the NUPRC and the MDPRA, key stakeholders and well-meaning Nigerians to support Dangote Refinery to succeed.
 
“Further worried that whilst the Federal government of Nigeria subscribed 20% shares in Dangote Refinery, the Chairman (Aliko Dangote) clamed that Nigeria was unable to redeem its obligation and now owns 7.2% through NNPC LTD.
 
“There is an urgent need to look into these allegations by Dangote Refinery and end/break all forms of dominance and monopoly of the petroleum sector by the IOCs and confirm the quantum of Federal government interest in the refinery”, he said.
 
The opposition leader insisted that unless urgent steps are taken by the Federal government to call the IOCs to order, Dangote Refinery and its operations would be prematurely forced out of business and that would not be good for the people, adding that NNPC.
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Benue state govt offers free beer to residents for New Year’s eve celebrations

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By Kayode Sanni-Arewa

As part of the ongoing Benue Carnival festivities, the Benue State Government has announced the distribution of free Zeva Draft Beer to residents in celebration of New Year’s Eve.

The Executive Governor of Benue State, Rev. Fr. (Dr.) Hyacinth Iormem Alia approved the gesture. The event will kick off at 5 PM on December 31, 2024, at IBB Square, Makurdi.

Dr Raymond Asemakaha, Managing Director of the Benue Investment and Property Company Limited (BIPC), revealed this in a statement on Tuesday. He described the initiative as an opportunity for citizens to come together and celebrate Benue’s rich heritage and unity.

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“This is a unique opportunity to enjoy the flavours of Benue while engaging with family and friends. You are to drink responsibly,” the statement read.

The carnival, which had been dormant since the administration of former Governor Gabriel Suswam, has been revived by the current government to promote cultural pride and engage the youth positively.

The festivities have already featured colourful displays, with socio-cultural groups parading through Makurdi in vibrant costumes on Monday

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Minority Caucus Congratulates Nigerians on New Year, Calls for Urgent National Reforms

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By Gloria Ikibah

As Nigerians join the global community in celebrating the New Year 2025, the Minority Caucus of the House of Representatives has extended heartfelt congratulations to all Nigerians, both at home and abroad, for witnessing the dawn of the year in peace and tranquility.

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In a statement jointly signed by House Minority Leader Rep. Kingsley Chinda, Minority Whip Rep. Dr. Ali Isa J.C, Deputy Minority Leader Rep. Aliyu Madaki, and Deputy Minority Whip Rep. George Ozodinobi, the caucus reflected on the challenges of 2024, describing the year as “palpable, worrisome, and fearful,” and highlighted its impact on citizens’ personal growth.

The statement reads: “Today, being the first day of Year 2025, whilst, like other parts of the world, we are full of excitement, it gives us another opportunity to have sincere reflections and objective introspection about the journey of our dear country thus far. Fact is, Nigeria’s progress has been marked by significant challenges that hinder our individual growth and collective prosperity.

“True, the situation of our country, particularly in 2024, was palpable, worrisome, and fearful that it stifled the personal development of many citizens. From spiraling inflation to corrosive poverty and debilitating hunger, it was pathetic for citizens. How about accentuating unemployment, alarming insecurity, and other disturbing multi-sectoral indices of under-development?

“As the country enters 2025, it is necessary to reiterate that just as Nigeria has issues of governance and lack of inclusive economic growth, there is an urgent and timely need to ingeniously address challenges of infrastructure deficits, mindless corruption, youth unemployment, and widespread insecurity.”

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The caucus urged all Nigerians to leverage the nation’s diversity as a strength and work collectively towards fostering peace, unity, and development.

“No doubt, Nigeria is a blessed nation with enormous potentials, and our diversity remains one of our greatest assets. In 2025, we admonish us all to harness the strengths embedded in our differences to build a nation that works for all citizens. Since no tribe, ethnicity, and group, no matter how powerful, can do it alone, we solicit for the collaboration and synergy of all and sundry. Through these, and other imperatives including believability, inclusivity, and mutual trust, Nigeria can overcome every difficulty and achieve sustainable and enduring achievements.

“As we collectively forge ahead as a nation in 2025, we encourage us all to recommit and reconnect to the values of peace, unity, and development, with the realization that the future of Nigeria rests on our ability to stay united and work together towards the fulfillment of common goals, desires, and aspirations.”

The caucus reaffirmed its dedication to the well-being of Nigerians, pledging to remain steadfast in addressing national issues through legislative action.

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“As a responsive and responsible Caucus, we assure Nigerians that, further to our commitment to the general well-being of citizens, we will in 2025, and subsequent years in the lifespan of the 10th House of Representatives, remain resolute and focused in every national issue that requires legislative inquisition and actions.”

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Just in: Tanker fire guts popular Lagos police station

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Tanker fire has razed a section of Okokomaiko Police Station, Lagos State Police Command.

The tanker reportedly caught fire while discharging diesel into the storage tank of a hotel that shares same fence with the police facility, reports Daily Trust.

The incident created a stampede as both the staff of the hotel and policemen attached to the station fled from their offices for fear of being trapped in the fire.

It was learnt that the fire started from the engine of the truck and quickly spread to the storage tank of the vehicle.

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Witnesses alleged that the fire spread to the police station before any help could come.

One witness identified simply as Tolupe stated that the truck driver abandoned the vehicle when the fire escalated and fled.

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