The Lagos State Environmental Protection Agency has shut several establishments, including churches, hotels, bars, and other businesses, for failing to comply with the state’s environmental laws.

The operation which covered areas such as Mushin, Amuwo Odofin, and Okota Isolo, was part of ongoing efforts to address noise pollution and other environmental violations across Lagos.

This was made known in a statement shared on LASEPA’s verified X handle on Thursday.

According to LASEPA, the establishments were shut down for failing to comply with environmental standards, despite prior notices from the agency. 

The statement said, “In a decisive move to combat noise pollution and other environmental violations, the Lagos State Environmental Protection Agency (LASEPA) sealed several establishments across the state.

“The enforcement operation, which covered areas such as Mushin, Amuwo Odofin, and Okota Isolo, underscores LASEPA’s commitment to fostering a healthier and more sustainable environment for all Lagosians.

“The sealed establishments include: Daily Bakery, Redeemed Christian Church of God, Gak Universal Allied Limited, Ideal Standard, Franjane Royal Suites, Golden Haven Resort & Suites, Festival Hotel Conference Centre & SPA, FS Service Centre, Moulin Rouge Ventures at Olivia Mall.

The General Manager of LASEPA, Dr. Babatunde Ajayi, reiterated the agency’s zero-tolerance policy for violations that threaten public health and community harmony.

“Environmental protection is a shared responsibility,” Ajayi stated.

“As a government agency, we are dedicated to enforcing all necessary measures to ensure compliance with environmental laws.

“Noise pollution, improper siting of hazardous facilities, and other infractions significantly impact public health and quality of life. We urge businesses and individuals to prioritise compliance and adopt sustainable practices,” he added.

Dr. Ajayi also urged Lagos residents to report environmental violations through LASEPA’s official channels, emphasizing the need for collective action to protect the environment.

Edo State’s Vehicle Recovery Committee has successfully reclaimed 30 vehicles previously owned by the government from officials of the former administration, as announced by the committee’s Chairman, Kelly Okungbowa.

The announcement was made public on Thursday through a statement released by Fred Itua, Chief Press Secretary to Governor Monday Okpebholo.

Okungbowa acknowledged the significant role played by whistleblowers in the recovery process, with several vital tips leading to the retrieval of the vehicles.

Among the vehicles recovered were four from the residence of a former senior official, and another from a separate individual.

“We have recovered two Land Cruiser Jeeps and two Toyota Hilux vehicles from a former high-ranking official of the immediate past government. One of the vehicles contained campaign posters and umbrellas.

“Another Hilux vehicle was also recovered, bringing the total number of vehicles retrieved since our operation began to 30,” Okungbowa said.

He reassured the public that the committee would continue its efforts to recover more vehicles before the two-week deadline set for the completion of the operation.

“We appeal to the public for more information to aid our operations. Whistleblowers have been instrumental to our success, and we are committed to rewarding anyone who provides helpful tips,” he added.

Okungbowa also highlighted that the committee is ready to extend its efforts across the country, tracking down state-owned vehicles wherever they may be.

In a previous operation, the committee recovered three vehicles: one Hilux van and two Toyota Hiace buses. One of the buses contained bags of rice meant for palliative distribution to Edo residents.

The chairman reaffirmed the committee’s dedication to ensuring that all government properties are properly accounted for and returned to the state.

Former Minister of Power, Saleh Mamman, was alleged to have spent ₦20 million lodging in a resort.

This was disclosed during cross-examination by the third prosecution witness, Colonel Adebisi Adesanya (rtd), on Wednesday, in a Federal High Court, Abuja, presided over by Justice James Omotosho.

The cross-examination followed the testimony of the witness on Tuesday, November 26, in which he disclosed that the former minister spent the sum of ₦20 million from the fund earmarked for Mambilla Hydro Power project on payment for lodging in a resort over a period of one year.

The Economic and Financial Crimes Commission (EFCC) is prosecuting Mamman on a 12-count charge bordering on an alleged conspiracy to commit money laundering to the tune of ₦33,804,830,503.73 (Thirty-three Billion, Eight Hundred and Four Million, Eight Hundred and Thirty Thousand, Five Hundred and Three Naira, Seventy-three Kobo).

The witness, the Chief Security Officer and owner of Sami Court Resort Limited, where Mamman allegedly paid for a one-year lodging to the tune of ₦20 million, disclosed while being led in evidence on Tuesday by prosecution counsel, A.O. Mohammed that “Sami Court Resort Limited is a service apartment where people come to lodge and stay for a long time, one month, two months, a year,” adding that “You only book in with your clothes, then any other thing is serviced by the apartment“.

He also revealed that he was invited for questioning by the EFCC on September 6, 2023 regarding inflows from accommodation and lodging into the United Bank for Africa, (UBA) account of the resort over the period spanning from 2019 to 2021 and identified Exhibit PWC as the invoice issued to Mamman by the resort after his payment of ₦20 million for lodging, covering the period between August 30, 2021 and August 30, 2022.

“This is our company’s invoice. We issued it after the payment of N20 million with respect to lodging and accommodation for Engineer Saleh Mamman,” he said.

Giving a breakdown of the lodging inflows from Mamman as contained in “Exhibit PWC,” he explained that “On September 6, 2021, the inflow was N5million, deposited by Golden Bond Nigeria Limited for the period covering 30th August 2021 to 30th August 2022 and the name of the lodger is Engineer Saleh Mamman.

“The second column is on January 23, 2022, being ₦5 million payment deposited by Mintedge Nigeria Limited to cover from 30th August 2021 to 30th August 2022.

“The third column is March 9, 2022, and the amount is ₦2, 500, 000 (Two Million, Five Hundred Thousand Naira), payment by Abdullahi Suleiman and it is to cover the period of 30th August 2021 to 30th August, 2022 for Engineer Saleh Mamman.

“And the last one is on May 10, 2022, and the amount is ₦7, 500,000 (Seven Million Five Hundred Thousand Naira), deposited by A.I.J Global Tools Limited over the period covering 30th August 2021 to 30th August 2022 and the name of the lodger is Engineer Saleh Mamman,” he stated.

The witness further alleged that the payments by Mamman were just for one-bedroom rental, all made through the resort’s UBA account.

“The documents are our invoice in respect to payment for one-bedroom rental from 30th August 2019 and 30th August 2020 and the amount is ₦20 million,” he added.

Justice Omotosho afterwards adjourned the case till 13 January 2025 for a continuation of trial.

The Senate is set to pass the contentious Tax Reform Bills today, with provisions exempting Nigerians earning below ₦1 million annually from personal income tax.

Naija News gathered that after initial resistance, most senators have shifted their stance following explanations from key government officials, including the Director-General of the Budget Office, Tanimu Yakubu; FIRS Executive Chairman, Zacch Adedeji; and the Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele.

The officials clarified that the reforms aim to tax wealth, not poverty, ensuring that Nigerians earning less than ₦1 million annually are excluded. They also proposed a review of the VAT sharing formula to make it more equitable, addressing imbalances favoring certain states.

Deputy Senate President, Senator Barau Jibrin, confirmed during yesterday’s session that the debate on the bills would continue today, with the first and second readings to follow promptly.

Yesterday’s plenary was marked by heated arguments as the Tax Reform Bills, not listed on the Order Paper, were suddenly introduced.

This sparked outrage among lawmakers, particularly former Deputy Senate Leader Abdul Ningi and Senator Ali Ndume, who argued that established procedures were not followed.

Ndume insisted the matter was too significant to be rushed, emphasizing the need to respect Senate rules.

He said: “This is a very important matter. We should not in any way try to use the position of the Senate because the Order Paper is clear. I have no problem having them to come to explain whatsoever but we must follow known procedures.

“That is, if today it has to be taken, then there must be a supplementary Order Paper that will reflect this. It is not a matter that you will just come and tell us after we are doing business of the day.

“Mr President, you can have your way, but I will have my say. You can use your gavel and I will use my voice. Tax Reform Bill is very sensitive, our people have been agitated over this matter, When you say it is a matter of urgent national importance, yes, but even those matters are normally referred to another legislative day if there are so inconvenient.

“Please I beg you in the name of God, this matter is very important to not only us but also Nigerians that we represent and we swore by Bible and Holy Quran that we will represent the interest of the people. Nigerians have spoken, the Governors, the National Economic Council.”

Despite objections, Deputy Senate President Barau ruled them out of order, allowing the invited economic experts to address the chamber.

Experts’ Presentation

During their presentation, the experts clarified that the reforms aim to modernize Nigeria’s tax system, simplify processes, and protect low-income earners.

Highlights of the proposals include:
– Exempting Nigerians earning less than ₦1 million annually from personal income tax.
– Removing VAT on essential goods and services.
– Establishing a 15% effective tax rate for large corporations.
– Proposing a more balanced VAT revenue-sharing model based on state consumption.

Taiwo Oyedele emphasized that the reforms are pro-poor and designed to harmonize taxes while improving efficiency. He added that the proposed tax threshold is still lower than what is obtainable in many African countries.

He said : “The committee proposes four major bills aimed at overhauling the tax system. The Nigerian Tax Bill seeks to harmonize major taxes into one legislation, simplifies tax processes, and proposes exemptions for low-income earners.

“The Tax Administration Bill aims at establishing standards for tax administration, promotes the use of technology, and aims to streamline tax collection.

“Nigerian Revenue Service Establishment Bill proposes the establishment of a new revenue service to improve tax collection and coordination among agencies while the Joint Revenue Board Establishment Bill aims to enhance collaboration among tax authorities and create a Tax Ombudsman to protect small businesses.

“Key proposals of the tax reform bills are elimination of minimum tax for loss-making companies; Introduction of a 15% effective tax rate on profits for large companies; removal of VAT on essential goods and services; and increased tax thresholds for personal income tax to exempt low-income earners.”

On the contentious revenue sharing formula from VAT, Oyedele explained: “The current VAT sharing formula is deemed unfair, favouring states with major corporate headquarters. The proposal includes a more equitable distribution based on consumption within states as against current sharing formula which lopsidedly favours Lagos State, being host to headquarters of corporate organizations.”

Oyedele explained that the proposed tax reform bills aim to exempt Nigerians earning less than ₦1 million annually from paying personal income tax.

He noted, “Today, we are taxing people that earn ₦30,000 a month. That’s ₦1,000 a day. How can anybody survive earning ₦30,000 a month? Even if they live alone, they will do transport, they will buy food, they will pay rent, they will pay for electricity. They cannot survive. So we are proposing in the bill before you that anybody earning ₦800,000 naira a year, including an extra ₦200,000 for rent, about ₦1 million a year, should not pay personal income tax. By the way, this threshold is not even the highest in Africa. It’s still lower than many small African countries.”

The team informed federal lawmakers that the tax reform bills consist of four distinct pieces of legislation aimed at consolidating and streamlining all aspects of taxation and tax administration in Nigeria.

The proposed bills include the Nigeria Tax Bill, the Nigeria Tax Administration Bill, the Nigeria Revenue Service Establishment Bill, and the Joint Revenue Board Establishment Bill.

They clarified that these bills encompass all major taxes levied on individuals and businesses, effectively serving as a comprehensive guide to taxation in Nigeria.

Contrary to misinformation, the team emphasized that the reforms are designed to modernize outdated tax laws, simplify Nigeria’s complex tax system, and significantly enhance efficiency.

Furthermore, the reforms are tailored to benefit low-income earners and small businesses by exempting them from income taxes, making the bills pro-poor, pro-growth, and efficiency-driven.

The senators were urged to support the reforms, which are positioned as crucial for Nigeria’s economic growth.

This reform, initiated by President Bola Tinubu and guided by the Presidential Committee on Fiscal Policy and Tax Reforms, aims to simplify Nigeria’s complex tax system while addressing inequities and fostering economic development.

Workers in the Rivers State civil service have praised Governor Siminalayi Fubara for fulfilling his promise to implement a new minimum wage of ₦85,000, which commenced with November salaries.

Governor Fubara had announced the increment in October, assuring workers that the adjustment would be funded through the state’s improved Internally Generated Revenue (IGR).

The move exceeds the ₦70,000 minimum wage approved nationally by President Bola Tinubu in July to address economic challenges.

Highlighting the state’s financial strides, Fubara disclosed that the Rivers State IGR has grown significantly under his administration, rising from ₦11 billion under the previous administration to ₦27 billion.

In an interview with newsmen on Tuesday, the Chairman of the Nigeria Civil Service Union, Rivers State Chapter, Chukwuma Osunna, confirmed the payment of the revised salary structure.

He said: “The governor has fulfilled his promise. As at today , November 27, 2024, I can confirm that he has paid the N85,000 new minimum page to workers and the workers are happy.

“We met under the joint council, sat with the Head of Service, saw the salary chart and confirmed that the N85,000 is well calculated and implemented in the November salary of workers, so, payment started today and by tomorrow, other banks will start to pay too.”

Baltasar Ebang Engonga, a great-nephew of Equatorial Guinea’s President Teodoro Obiang, has been acquitted by the Supreme Court following a highly publicized case involving compromising videos that surfaced online.

The court dismissed the case against Engonga, citing a lack of evidence and confirming that all individuals featured in the videos were consenting adults.

The ruling also emphasized that medical tests cleared Engonga of transmitting any sexually transmitted diseases to those involved, further affirming his innocence.

The case attracted global attention after the videos went viral. Engonga, who previously served as the head of the National Financial Investigation Agency, described the incident as a grave violation of his privacy and announced plans to pursue legal action against those responsible for leaking the footage.

A surprising twist emerged during the trial as several married men, whose wives were featured in the videos, expressed gratitude to Engonga.

They claimed the exposure of the videos revealed hidden aspects of their marital lives, prompting some to pursue divorce.

The case has reignited discussions on consent, privacy, and digital accountability in the modern era. Experts and activists have called for stricter regulations to prevent the unauthorized dissemination of intimate content online.

Despite his acquittal in the video scandal, Engonga faces separate allegations of embezzlement. He was arrested on October 25 for allegedly siphoning substantial state funds into offshore accounts.

While detained at Malabo’s notorious Black Beach prison—known for reports of severe mistreatment—authorities seized his phones and computers, leading to the leak of the videos.

Engonga has yet to publicly address the embezzlement accusations, leaving questions about his future in public service.

The Presidency has justified President Bola Tinubu’s decision to appoint a sizable media team, describing it as a calculated move to improve communication with Nigerians.

During an interview on TVC’s Beyond 100 Days on Wednesday, Tinubu’s Special Adviser on Media and Public Communication, Sunday Dare, emphasized the importance of an extensive media team in fostering transparency and engagement with the public.

Dare said, “The President is the Commander-in-Chief. He builds his team.

“By law, he can appoint between 25 and 40 special advisers, as approved by the National Assembly. If you look at it, he is not even halfway through that.”

Recalled that President Tinubu, on Monday, November 18, reshuffled his media and communications team, appointing Bayo Onanuga, Sunday Dare, and Daniel Bwala as spokespersons.

That night, a statement clarified the structure: “These appointments underscore that there is no single individual spokesperson for the Presidency. Instead, all three Special Advisers will collectively serve as spokespersons for the government, ensuring effective and consistent communication of government policies, decisions, and engagements.”

With these appointments, the President’s media team now consists of 12 officials.

Dare stressed that the focus should not be on the number of aides but on their effectiveness in conveying government policies to Nigerians.

He compared the arrangement to the United States, citing its extensive media apparatus as a model.

Dare said, “Look at the American presidency—the largest democracy in the world. They have several layers of people speaking for the government at various levels, all singing from the same hymn sheet.

“What’s important is that we’ve seen a need to deepen communication and ensure Nigerians consistently understand the government’s policies and initiatives.”

Addressing concerns about the cost of governance, Dare highlighted Tinubu’s efforts to cut expenses in critical areas such as security and ministerial operations.

He said, “The number of security aides assigned to ministers and the fleet of vehicles they manage has been reduced.

“But beyond that, we are focusing on macroeconomic spending. Our debt service to revenue ratio has dropped from around 90% to 68%, and we’re steadily repaying 16 inherited loans. Nigeria is inching towards a $1 trillion economy.”

Dare urged Nigerians to focus on these “big numbers,” which he argued are critical indicators of the government’s progress.

He added, “We need to look at the bigger picture. Once you can bring down the big numbers, you free up resources for the country. I think we should give this President the benefit of the doubt. He has brought in core professionals to handle this job, and their work will speak for itself.”

He concluded by calling for patience and trust in Tinubu’s approach, assuring Nigerians that the expanded media team is a necessary step to foster transparency and build public trust in the government’s efforts.

President Bola Ahmed Tinubu is reportedly set to submit the list of ambassadors-designate to the Nigeria Senate for screening and confirmation.

The nominees will represent Nigeria as ambassadors and high commissioners in various countries and multilateral organizations. Sources familiar with the matter revealed that the list would be sent to the Senate in early December.

This comes 14 months after 83 ambassadors were recalled in September 2023. Nigeria currently has 109 missions, including 76 embassies, 22 high commissions, and 11 consulates globally.

Recall that on November 21, 2024, the Federal Government had started deploying consular officers to diplomatic missions worldwide, ahead of the anticipated ambassadorial list.

President Tinubu is presently on a state visit to France at the invitation of President Emmanuel Macron. Following this, he is scheduled to visit South Africa, marking his second trip to the country since attending President Cyril Ramaphosa’s inauguration in June.

Upon assuming office in May 2023, Tinubu initiated a review of Nigeria’s foreign policy, which led to the recall of 83 ambassadors—both career and non-career. These envoys were directed to return to Nigeria by October 31, 2023. However, the roles have remained vacant, creating a significant diplomatic void.

The 1999 Constitution (as amended) mandates that ambassadorial appointments must be made by the President and confirmed by the Senate.

On March 25, the Minister of Foreign Affairs, Yusuf Tuggar, disclosed that the ministry had forwarded a list of potential career diplomats to the President for consideration.

“We have collated everything on our part and forwarded it to Mr. President,” Tuggar said. Although it is unclear whether the nominees are primarily career or political diplomats, indications suggest a preference for the former.

According to Bayo Onanuga, the President’s Special Adviser on Information and Strategy, the nomination process requires thorough vetting.

“The ambassadorial list has two components: career and political ambassadors. The foreign affairs list and the consolidated list will still go through certain processes before it is released,” he explained.

A government official, speaking anonymously, confirmed the appointment timeline: “Ambassadorial appointments require approval from the National Assembly. So, the list will be submitted to the Senate President, who will then announce it. But it has not been submitted yet. Once submitted, the Senate will publish it the following day.”

In April 2024, the government appointed 12 consuls-general and five chargés d’affaires to represent Nigeria in 14 countries. However, these roles do not carry the full diplomatic authority needed for high-level engagements.

Budget constraints have also contributed to the delay in appointing new ambassadors. In May, the Minister of Foreign Affairs attributed the delay to funding issues, while a former ministry spokesperson indicated that appointments would hinge on budget allocations.

A senior Foreign Service official indicated that while nominees may be named in early December, their deployment could take several months.

“It’s long overdue. The Senate will screen those appointed, and once approved, the host country conducts background checks before accepting them,” the official explained to The PUNCH.

Reports suggest that a senior official in the President’s media team is among those slated for an ambassadorial role.

Other names being considered include a founder of a tier-one bank, a former Deputy Governor of Lagos State, and the Speaker of a House of Assembly in the North.

The delay in appointing ambassadors has sparked concerns about Nigeria’s diplomatic effectiveness.

“Many decisions are on hold because our missions and embassies are still expecting new diplomats. Major meetings are happening around the world without us because we have no representation at such levels,” an official stated.

The Edo State chapter of the Peoples Democratic Party (PDP) has said that the Governor of Edo State, Monday Okpebholo and his Commissioner for Health, Cyril Oshiomhole, lack the moral grounds to question the standards of the Stella Obasanjo Hospital or any other hospital in the State.

The PDP noted that it was laughable that Cyril Oshiomhole, whose father, Adams Oshiomhole, while he was governor of the State, spearheaded the construction of the Edo Specialist Hospital where a section collapsed, due to structural defects, could speak on the standards of a hospital.

Speaking via a statement, the Publicity Secretary of the Edo PDP Caretaker Committee, Chris Osa Nehikhare, chided the Monday Okpebholo-led government for desperately attempting to diminish the undeniable impact of the Stella Obasanjo Hospital on the State’s healthcare system for political reasons, describing the ploy as petty, ignoble and infantile.

Nehikhare said, “We are appalled and utterly disappointed by the petty, infantile and ignoble behavior of the Monday Okpebholo-led administration in attempting to diminish the undeniable impact of the Stella Obasanjo Hospital on the State’s healthcare system.

“It is widely acknowledged by anyone who has visited or used the hospital that it ranks as one of the best in the South-South region, if not the entire country and this was made possible by the huge investment made by the immediate past government of His Excellency, Mr. Godwin Obaseki, in upgrading and equipping the hospital to world-class standards.

“We are not surprised by the childish criticism coming from a clueless and incompetent government. Had they been discerning, they would have known that it is to the credit of the state and its government that a hospital of such significance and impact is located in the State and would not have desperately sought to diminish this for petty political reason.”

According to him, “It is particularly laughable and ridiculous that Cyril Oshiomhole, the son of the former governor of the state, Adams Aliu Oshiomhole is the one making these unfounded claims, lamenting about a non-existent structural defect, when it was his father, who as governor, superintended the construction of the Edo Specialist Hospital, where a section of the building collapsed due to structural defects, killing at least two innocent Edo citizens.

“For someone with such a history, it is only hypocritical to point fingers at the Stella Obasanjo Hospital, disparaging the fully functional and operational facility where no lives have been lost when his father’s greed and selfishness led to the death of innocent people. He therefore lacks any moral standing to do.”

Nehikhare queried, “Or does Cyril Oshiomhole think we have forgotten in a hurry how his father, Adams Oshiomhole as governor brought the then President Muhammadu Buhari to commission an empty Edo Specialist Hospital without facilities or personnel?

“Or how his father went to Lagos to hire equipments and put on display for the commissioning of the Edo Specialist Hospital and how in the evening of the commissioning, loaded a truck with the rented equipments and returned same to the company located on Agege Motor Road, in Lagos, and placed the hospital under lock and key?

“Does a person from such a deceitful and wicked lineage have the moral fiber to criticize or describe a functional, operational and world-class hospital, renowned as one of the best in South-South region as with structural defect?”

Oil marketers have outlined the conditions that will make them patronise the newly rehabilitated Port Harcourt Refinery Company in Rivers State.

PHRC, under the management of the Nigerian National Petroleum Company Limited, must dispense its refined petroleum products below the prices of the Dangote Petroleum Refinery, the dealers stated.

But the NNPCL, in reaction to claims on Wednesday that its petrol price was about N1,045/litre, stated that the refinery had yet to release its prices, as products from the plant were currently dispensed to only NNPCL stations.

The oil firm’s spokesperson, Olufemi Soneye, revealed that the company was still reviewing its prices and had yet to commence bulk sales, as its purchasing portal remained closed.

Meanwhile, it was also gathered on Wednesday that oil marketers imported 105.67 million litres of petrol into the country in five days.

Marketers confirmed that NNPC was selling petrol at N1,045/litre, stressing that they may be compelled to opt for petrol importation as a means of meeting local demands.

A total sum of 78,800 metric tonnes representing 105.67 million litres of petrol was imported into the country in the last five days spanning November 23 and November 28.

On Tuesday, the 60,000-capacity Port-Harcourt refinery resumed operations after years of inactivity, drawing initial praise from Nigerians and industry stakeholders.

The NNPC said the newly rehabilitated complex of the old Port Harcourt refinery, which had been revamped and upgraded with modern equipment, is operating at a refining capacity of 70 per cent of its installed capacity.

NNPC added that diesel and Pour Fuel Oil would be the highest output from the refinery, with a daily capacity of 1.5 million litres and 2.1 million litres, respectively.

This is followed by a daily output of Straight-Run Gasoline (Naphtha) blended into 1.4 million litres of Premium Motor Spirit (petrol), 900,000 litres of kerosene, and low-pour fuel oil of 2.1 million litres.

It was stated that about 200 trucks of petrol would be released into the Nigerian market daily.

However, claims that the national oil firm’s PMS price was higher than that of Dangote triggered diverse reactions from marketers.

The National Publicity Secretary of the Independent Petroleum Marketers Association of Nigeria, Chinedu Ukadike, told one of our correspondents that though NNPC had yet to release any price for the products from the refurbished Port Harcourt refinery, a high price would discourage marketers.

Dangote currently sells his petrol at N970/litre, while imported petrol is around that price.

Ukadike, however, noted that there was the possibility that the NNPC would review its prices downward when the Port Harcourt refinery comes fully on stream.

He confirmed that the state-owned oil company sells a litre of PMS at N1,040 or N1,045 while the Dangote refinery just reviewed its price from N990 to N970 for marketers buying a minimum of two million litres.

Ukadike did not mince words when he said independent marketers would only buy from the NNPC if its price is cheaper than that of Dangote or vice versa.

“With the Port Harcourt refinery now working, we are anticipating that any moment from now, NNPC will give us its price. Once NNPC releases its price, we will start loading from NNPC. That is subject to if it is cheaper than that of Dangote.

“The last NNPC price was N1,040 and N1,045 per litre. But I know there will be a review of prices because there has been a crash in prices globally. So, we are expecting a review. Once that review is done, I will be able to give you the actual price. I know they are reviewing it. They are on top of the matter,” the IPMAN spokesman said.

The latest development also indicates that oil marketers may commence the importation of fuel if the prices set by both domestic refineries surpass their profit margins, thereby making it more financially viable for them to rely on imported fuel rather than locally produced stock.

The National Public Relations Officer of the Petroleum Products Retail Outlets Owners Association of Nigeria, Joseph Obele, had earlier said NNPC petrol was N75 higher than the N970/litre offered by Dangote refinery.

However, PETROAN’s President, Billy Gillis-Harry, in a statement denied the claim, stressing that no price has been released by the national oil firm.

He explained that members of the association bought PMS based on the old pricing structure and are still waiting for the updated prices.

The statement read, “The National Headquarters of Petroleum Products Retail Outlet Owners Association of Nigeria, PETROAN Abuja would Like to Inform the media and the general public that no new price for PMS has been released by the NNPC port Harcourt refinery.

“Members of PETROAN only bought PMS with the old pricing template awaiting

new prices. We are excited that the production and loading of refined petroleum products have commenced at the Port Harcourt Refinery and we are expectant that soon the price of PMS will be stated by NNPC to the benefit of Nigerians.”

NNPC reacts

But in a message sent to journalists on Wednesday night, the NNPC spokesperson said the national oil firm had not started selling its products from the Port Harcourt refinery to other oil marketers.

He was reacting to an earlier claim by the Petroleum Products Retail Outlets Owners Association of Nigeria that the newly rehabilitated Port-Harcourt refinery was selling at N1,045/litre to oil marketers.

He noted that only NNPCL retail stations are receiving products from the refinery.

He said, “We have not yet commenced bulk sales, and we have not yet opened the purchase portal as we are still finalizing the necessary processes.”

He further stated its current stock was procured from the Dangote Refinery and includes fees and levies.

“At present, the products we are selling are what we bought from the Dangote Refinery, which includes NMDPRA fees. The product from PH is currently for our retail stores. Our prices are regularly reviewed and adjusted as required.”

PMS imports

Meanwhile, fresh findings by The PUNCH have revealed that a total sum of 78,800 metric tonnes representing 105.67m litres of petrol have been imported into the country in the last five days spanning November 23 and November 28.

The product was conveyed in four vessels with the latest to be received today (Thursday, November 28, 2024), according to documents obtained from the Nigerian Ports Authority on Wednesday.

An analysis of the document showed that 38,500 metric tonnes of petrol imported on Monday, November 25 berthed at the Lagos Apapa port (Bulk Oil Plant).

Similarly, a Bedford ship conveying 10,000mt of PMS will berth at the Ebughu jetty, Calabar port in Cross Rivers on Thursday, November 28.

Two vessels that arrived on Saturday, November 23 is still waiting to berth. The ships are carrying 30,300mt of fuel.

It also revealed that 11,000 metric tonnes of base oil was imported while the 20bn Dangote refinery received crude oil worth 133,986 metric tonnes on Monday, November 27, 2024.

Last week, oil marketers and the NNPCL had stated plans to stop the import of fuel to focus on off-taking from domestic sources.

This was a fallout from a high-level meeting organised by the NNPC Group CEO Mele Kyari, and the Nigerian Midstream and Downstream Petroleum Regulatory Authority. In attendance were representatives of the Major Oil Marketers Association of Nigeria, Depot and Petroleum Products Marketers Association of Nigeria, and key stakeholders from companies such as 11 Plc, Matrix, and AA Rano, among other stakeholders at the NNPCL towers in Abuja.

The meeting was in growing confidence in Dangote Refinery’s ability to meet the nation’s domestic fuel demand and the need to cut fuel imports.