Connect with us

News

Reps Set To Investigate IOCs Over Alleged Sabotage Of Dangote Refinery

Published

on

 
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.
Continue Reading
Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

News

Ecoparl: Speaker Ibrahima Reaffirms Parliament’s Dedication to Regional Unity

Published

on

By Gloria Ikibah
The Speaker of the Economic Community of West African States (ECOWAS) Parliament, Rt. Honourable Memounatou Ibrahima, restated that the parliament remains committed to ensuring the unity and integration of the people within the subregion.
According to Speaker Ibrahima, the Parliament will continue to use parliamentary diplomacy to engage countries that are considering leaving the bloc due to political challenges, such as Burkina Faso, Mali, and Niger, as a result of military coups they experienced.
The Speaker stated this when she led a delegation of the ECOWAS Parliament on a working visit to the President of the Nigerian Senate, Senator Godswill Akpabio, on Wednesday in Abuja.
She highlighted that while countries may break formal cooperation, the people of the region remain interconnected, adding that the Parliament, as representatives of these people, will work to maintain the unity.
Ibrahima expressed gratitude to the Nigerian Senate for supporting ECOWAS by providing necessary facilities for their plenary sessions, even as she discussed the socio-political challenges facing the region, as well as how parliamentarians can contribute more to address these issues.
She said: “We strengthen parliamentary diplomacy, because we know that the countries might break cooperation but we cannot separate the population. The population always live together and we as representatives of the people, we are doing our best so that this living together will continue to be reality and even made better.
“We came to thank him for all the facilities that the senate has been providing to the ECOWAS Parliament to facilitate the holding of our sessions here in Abuja. We also discussed on the socio-political situation in the community. We also discussed on the ways parliamentarians can make more contributions on the various issues and the challenges that we are experiencing in ECOWAS”.
The President of the Senate,
Senator Akpabio, who was represented by his Deputy, Senator Barau Jubril, commended Ibrahima’s leadership and her efforts in using parliamentary diplomacy to foster cooperation within ECOWAS, especially in light of the challenges posed by countries considering an exit from the bloc.
He noted that since Speaker Meimounatou assumed office, she has deployed enormous parliamentary diplomacy to bear not only on the level of cooperation with institutions in the region but also on those that have expressed the wish to quit the regional block.
Naijablitznews.com reports that Senator Jubril is the First Deputy Speaker of the ECOWAS Parliament.
He said: “Since she was elected the Speaker of the ECOWAS Parliament, she has been up and doing in terms of giving leadership to the parliament. It is in that regard that she is here trying to chart a better course for the parliament to make sure that she brings parliamentary diplomacy to bear in terms of our cooperation not only with those who are within the community as we speak but also even those who are attempting to leave the community.
“It is in that respect that she is here, and what she is doing is commendable. She has come to strengthen her idea and initiative of making the parliament stronger and more effective”.
Continue Reading

News

Air Force Begins Moving Electoral Materials For Edo Guber Election

Published

on

By Kayode Sanni-Arewa

The Nigerian Air Force (NAF) has began airlifting the sensitive election materials for the Independent National Electoral Commission (INEC) to Benin, Edo State, ahead of the upcoming governorship election scheduled for September 21, 2024.

This was disclosed on Wednesday by the Deputy Director, Public Relations and Information, Group Captain Kabiru Ali.

The operation is part of the NAF’s efforts to ensure the timely and secure delivery of materials necessary for a smooth electoral process.

Advertisement

This development reinforces the collaboration between NAF and INEC to facilitate logistics and ensure a peaceful election in Edo State.

The Chief of the Air Staff, Air Marshal Hasan Bala Abubakar, had previously reiterated NAF’s commitment to providing airlift support for the swift movement of electoral materials during a meeting with INEC Chairman, Professor Mahmood Yakubu.

This airlift operation is a crucial aspect of NAF’s constitutional responsibility to provide Military Aid to Civil Authority, underscoring the force’s dedication to supporting democratic processes in Nigeria. With the election just days away, the NAF’s timely intervention will help ensure the successful conduct of the governorship elections in Edo State.

Governor Godwin Obaseki of Edo State had earlier accused the Inspector General of Police, Kayode Egbetokun, of working with the All Progressives Congress (APC) to hunt the Peoples Democratic Party (PDP) members and supporters in the state and force them into hiding ahead of September 21 governorship election.

Advertisement

Obaseki, who made the allegation when a delegation led by the former Head of State, Abdusalam Abubakar, met with him to get the governor and his party to sign peace accord, said that the IGP had made nonsense of his (Obaseki’s) role as the chief security officer of the state.

The governor had said that the police chief obtained a warrant to arrest 60 members and supporters of PDP in Edo and that the IGP sent an armed “gang” of policemen who invaded the state, attacked PDP members, shot at a local government chairman and arrested 10 persons who are currently being detained in Abuja without charges.

Asked by the former head of state if his party would sign the peace accord, Obaseki said, “The person who is supposed to enforce the peace accord is now an active participant in creating a destructive environment.

“We are now in a situation where from the Inspector General’s office, there are armed gang policemen who came into Edo State, invaded, arrested and took away PDP members.

Advertisement
Continue Reading

News

“Dancing gives me abundant joy and peace of mind”-Gov Adeleke

Published

on

By Kayode Sanni-Arewa

The Governor of Osun State, Ademola Adeleke, has given reasons why he loves dancing.

The ‘Dancing Governor’, as he is fondly called, revealed this on Wednesday while responding to a tweet on X.

An X user, @Iwogoke, while praising the governor, stated that Adeleke has been busy fulfilling his electoral promises to the people of Osun State, while his political opponents believe he is only good at dancing.

Advertisement

Iwogoke tweeted, “I’m not flattering you, Your Excellency, your opponents think you can only dance but while they are busy shouting and calling you ‘Dancing Governor’, you are busy fulfilling your electoral promises to the people.”

Responding to the tweet via his verified X account, Adeleke explained that he loves dancing because it brings him joy.

Speaking further on his love for dancing, Adeleke highlighted that while dancing brings him immense happiness, his greater fulfilment comes from delivering the dividends of democracy to the people of Osun.

Outlining his administration’s efforts to enhance the state’s infrastructure, he noted that primary health centre rehabilitation is underway in at least 200 out of the 332 wards across Osun State, adding that road construction projects are also progressing in every local government area.

Advertisement

He wrote, “Dancing gives me joy, but delivering on my electoral promises and providing the dividends of democracy to the good people of Osun gives me even greater joy. Rehabilitation of primary health centers is ongoing in at least 200 out of 332 wards, and road construction is progressing in every Local Government!”

Continue Reading

Trending

Copyright © 2024 Naija Blitz News