Femi Otedola, billionaire businessman and chairman of FBN Holdings, has congratulated Aliko Dangote on the commencement of petrol production at his refinery. 

During a news conference on Tuesday, Dangote announced the start of petrol production at the Dangote refinery, proudly displaying a bottle of the product.

Subsequently, the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) said the refinery is expected to supply 25 million litres of petrol daily in September.

The  650,000 bpd capacity refinery began operations in January with the production of diesel and aviation fuel.

Dangote said the petrol from the plant, in terms of quality, can compete with products from other refineries across the world

In a post on X on Tuesday, Otedola described the milestone as a “monumental achievement” under President Bola Tinubu’s administration.

Reflecting on their efforts to invest in the state-owned refinery, which were ultimately rejected, Otedola expressed joy that the Dangote refinery has finally become a reality.

“It has been 25 long years since we first set our sights on transforming Nigeria’s energy landscape. I remember vividly when we set up the Blue Star Consortium to acquire stakes in the Kaduna and Port Harcourt refineries—20% for me and 51% for you,” the post reads.

“We were ready to change the game, but fate had other plans. The government of the day, in an act I can only describe as utterly obnoxious, cancelled our stakes and thwarted our vision. But, as always, you refused to be deterred. You never gave up on the dream we shared.

“You carried the torch forward, igniting a spark that has today become a roaring flame. And now, 25 years later, here we stand on the precipice of history, with the first fuel shipment from the Dangote Refinery—a feat that is nothing short of miraculous.

“While the Kaduna and Port Harcourt refineries have remained dormant, their promise unfulfilled despite billions of dollars spent on so-called turn-around maintenance, you have achieved what many said was impossible.”

‘YOU’VE SILENCED NAYSAYERS’ 

Otedola said Dangote has “beaten all the sceptics, silenced the naysayers, and proved wrong” those who doubted his resolve and “never wanted this project to succeed”.

The billionaire said the refinery has liberated Nigeria “from the chains of economic dependence that have held this nation back for far too long”, adding that the days of “bowing to foreign powers for our fuel needs are over”.

“You have dealt a death blow to the so-called local cabals who have fattened themselves for years, feeding off our nation’s economic slavery,” the post adds.

“These cabals, who have grown rich by keeping Nigeria in a perpetual state of dependence, must now face the reality that their era of easy gains is coming to an end.

“I am reminded of the time you revolutionized the cement industry in Nigeria. Ships that once brought in cement turned into rusting relics, scraps of a bygone era.”

Otedola said with the refinery in full swing, he foresees a similar fate for fuel imports.

“The depot owners should take heed—it’s time to dismantle those depots and sell them as scraps while the market is still high,” Otedola said.

The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) says the Dangote refinery is expected to supply 25 million litres of petrol daily this month.

Speaking in a social media post on Tuesday, the authority said The Nigerian National Petroleum Company (NNPC) Limited has agreed to supply crude oil to the refinery in naira.

“At the NMDPRA headquarters in Abuja, NNPCL reach an agreement to commence crude oil sale and supply to Dangote Refinery in local currency,” the authority said.

“The refinery is now poised to supply an initial 25 million litres of PMS into the domestic market this September. And will subsequently increase this amount to 30 million liters daily from October 2024.”

The Dangote refinery officially began petrol production on September 3.

This is comes months after its initial announcement to begin production of the commodity, also known as premium motor spirits (PMS).

On May 18, Aliko Dangote, chairman of Dangote Industries Limited (DIL), had said the refinery would begin to produce petrol from June, adding that Nigeria would not have to import the product again.

However, in June, the business mogul said due to a minor delay, the refinery would commence petrol supply in July.

Still, production did kick off in July as planned, as Dangote refinery announced a shift to August.

On August 14, reports had claimed that the delivery date of the petrol supply had been postponed, but Anthony Chiejina, chief branding and communications officer of Dangote Group, denied the reports.

On July 29, the federal executive council (FEC) had approved a proposal by President Bola Tinubu directing the NNPC to sell crude oil to Dangote refinery and other refineries in naira.

It is not yet Uhuru for Nigeria when it comes to resolving the rising food crisis in the country, as newly released data from the National Emergency Operations Center (NEOC), says increasing flood levels have affected no less than 115, 265 hectares of farmlands In Nigeria.

A breakdown of the affected states revealed that Bauchi recorded the highest affected farmlands with 50, 343 hectares, Taraba with 22, 182 hectares, Jigawa with 9, 919 hectares, Niger with 9, 488 hectares, and Sokoto, 8, 676 hectares.

Other states affected by the flooding are Adamawa with 3, 392 hectares, Bayelsa 170 hectares, Borno 313 hectares, Ebonyi 100 hectares, Enugu 953 hectares, Gombe 1, 311 hectares, Kaduna 120 hectares, Kano 3, 072 hectares, Katsina 37 hectares, Kebbi 3, 382 hectares, Yobe with 223 hectares, and Zamfara with 1, 584 hectares.

The report on the 2024 flood by the centre also said 29 states of the federation, 154 local government areas, 611, 201 persons have been affected, 225, 169 persons displaced, 83, 457 households affected, 201 lives lost, and 2,119 injuries have been recorded so far during this year’s flooding.

The new flood data comes on the heels of recent food shortages in the country, and food inflation put at over 40 per cent by the National Bureau of Statistics (NBS).

Nigerians To Spend 54.9% Income On Food In Next Six Months

On Monday, a Central Bank of Nigeria’s survey said rising inflation rate will force Nigerian households to spend the largest amounts of their earnings on food in the next six months.

According to the CBN report, the poll was conducted from July 22 to 26, 2024, with a response rate of 99.7 per cent with its sample size drawn from the NBS master sample list of 1,665 households in the 36 states of the federation and the Federal Capital Territory.

The report, Household Expectation Survey published on its website, CBN said many Nigerians intend to cut down on items that are not essential now, in the next three and six months.

They, however, plan to spend 54.9 per cent of their income on food items in the next six months.

“Spending outlook for the next six months showed that consumers plan to spend a substantial amount of their income on the following items: food and other household Items (54.9 points), education (35.4 points), transportation (30.2 points), electricity (20.0 points) and medical expenses (12.2 points),” the poll shows.

On the flip, the respondents do not plan to spend a substantial amount of income on big-ticket items such as the purchase of a house, car and household appliances.

Also, Nigerians do not intend to spend on investment, such as acquiring landed properties or other forms of investments. They equally do not plan on saving their incomes.

“This reflects their family financial situation in the current month and reaffirms their stance that they will be drawing down on their savings or getting into debt,” the apex bank survey shows.

Looting Of Warehouses, Food Trucks In North-East

Food crisis in the country had pushed residents in the north, to engage in looting of warehouses and food trucks, a move which had caused a source of concern in the country.

Chairman, the North-East forum of the DSS, Babagana Bulama while speaking at the 15th conference of the North-East directors of the state services at Damaturu, Yobe State recently, said the rising prices of goods has motivated hoodlums to take advantage of the crisis to attack warehouses, and vehicles with goods, particularly foodstuff being transported from one state to the other.

He said; “This edition is taking place at a time when the insecurity of the nation bothers on criminality, especially the trace of Book Haram insurgency, banditry and kidnapping which have been on the forefront, now overtaken by social securities issues comprising of food crisis, to hoarding of foodstuff, hunger in the land, starvation and renewed threats of protests by organised labour groups such as the Nigerian Labour Congress, and others.

“Similarly, the rising prices of goods have motivated hoodlums to take advantage of the challenges to attack warehouses, and vehicles with goods, particularly food stuff being transported from one state to the other. The situation is also being exploited by economic saboteurs who are bent on destroying the economy. It is pertinent to mention that all this is happening barely a year after the 2023 general election.”

Army Deploys Officers To Protect Farmers In The North

The Nigerian Army said it has deployed troops in several northern states, to protect farmers.

A recent statement by the Director of Defence Media Operations, Maj. Gen. Edward Buba said the deployment was made particularly in the North West and the North Central states.

Govt Moves To Curb Crisis

The Federal Government in the wake of the galloping prices of essential commodities reeled out a raft of measures to address the challenge.

It recently suspended duties, tariffs, and taxes on the importation of maize, husked brown rice, wheat, and cowpeas through the country’s land and sea borders, for 150 days.

It also approved the procurement of 2,000 tractors, and 1,200 trailers and set up a committee to help proffering solutions to the food crisis rocking the nation.

Expect Bumper Harvest, Agric Minister Assures Nigerians

The Minister of Agriculture and Food Security Abubakar Kyari says the country is expecting a bumper harvest before year-end.

While speaking last month, Kyari said the Federal Government had measures in place to address the situation including ramping up farming which would increase food production.

“It [bumper harvest] is about October-November this year. That’s when we are going to have the harvest. We are expecting a bumper harvest baring any natural issues,” Kyari said on Channels Television’s Sunday Politics.

“Well, I am just giving you the assurance that we will have a bumper harvest,” he said.

According to him, one of the reasons for the acute food shortage in the country at the moment is also linked to seasonal reasons.

“The season we have here is a critical issue we have in agriculture. This is what we call the lean season and this is between June-July and the next harvest,” the minister said.

Apart from this, Kyari attributed the food shortage to other issues such as reduced landmass, flooding, and others.

“The shrinkage of land mass for agric, flooding, habitation problems, and insecurity…An ageing farming population; younger people are not going into agriculture now,” he said.

Kyari said the government is further ramping up moves for mechanised farming with the distribution of fertilizers to farmers and efforts to purchase tractors.

“We have ordered. It’s not like chewing gum; you can’t buy it off the shelf. I went to Belarus and ordered 200 tractors and 9,000 other implements,” the minister said on the current affairs show.

“The basic implement for farming in Nigeria is a hoe, which is archaic and antique. That’s why we are talking mechanisation,” said Kyari.

President Bola Tinubu has approved that the Inspector General of Police (IGP), Kayode Egbetokun, remain in office until 2027.

Against the backdrop of reports that his tenure was extended, a senior police source, who requested anonymity, clarified that the letter was not an extension but rather a confirmation that he should complete the four-year tenure as originally stated in his letter of appointment.

The source said, “The tenure of the IGP was not extended but rather a clarification on his letter of appointment that stipulated four years in office.”

In July, the National Assembly passed the Police Act Amendment Bill to enable a person appointed to the office of Inspector General of Police (IGP) to remain in office until the end of the term stipulated in the letter of appointment.

President Tinubu forwarded the Bill to the House of Representatives and Senate to amend the tenure of the IGP.

The Bill was expeditiously passed by lawmakers in both green and red chambers. The upper and lower chambers passed the bill at separate sittings.

The President appointed Egbetokun as the IGP in June 2023 for four years. He was appointed alongside four new service chiefs.

According to Section 18(8) of the Police Act 2020, Egbetokun, who was born on September 4, 1964, is expected to retire in September 2024, when he clocks 60.

At the moment, Egbetokun has been in office for one year and three months, with two years and nine months remaining of his four-year appointment.

The controversy about the tenure of IGP didn’t start with the current police boss. That of Egbetokun’s predecessor, Usman Baba, was not in any way different. Baba clocked 60 years old in March 2023 and attained the mandatory 35 years of service but he remained in office till Tinubu appointed Egbetokun as his replacement three months later.

After over a year of its launch in May 2023, Dangote Refinery, on Tuesday, rolled out its first Premium Motor Spirit (PMS), also known as petrol, from its 650,000 barrels per day facility.

At a press conference, owner of the Lagos-based refinery and billionaire businessman Aliko Dangote declared that “it’s a celebration day” for Nigerians.

He assured all citizens that they “are now going to have good petrol while the engines of your vehicles will last longer. You will not be having an engine issue, which a lot of us were having. It won’t happen at all.”

“The quality here will match that of anywhere in the world; US, America, we will make sure that nobody will beat us in terms of quality,” Dangote said.

‘We’ll Save Forex’

The refinery owner said as soon as his company finalises modalities with the Nigerian National Petroleum Company Limited (NNPCL), the product will hit the market.

“As soon as we finalise with the NNPCL, our product will start going into the market.

“We will help to restore industry and manufacturing. We will begin real import substitution, which is what we have, you know, saving foreign exchange, earning foreign exchange, which will stabilise the naira, and it will also help bring down inflation and cost of living,” he stated.

Last December, Dangote, Africa’s leading industrialist, commenced operations at his $20bn facility sited in Lagos with 350,000 barrels a day.

The refinery, which was initially bogged by regulatory battles, hopes to achieve its full capacity of 650,000 barrels per day by the end of the year.

The refinery has begun the supply of diesel and aviation fuel to marketers in the country and now petrol.

NNPCL Debt Challenge

The rollout of petrol by the Dangote Refinery followed the admission by the NNPCL that it owes “significant debt to petrol suppliers” and this poses a threat to the sustainability of fuel supply.

There have been reports that a $6 billion debt the NNPCL owes petrol suppliers has worsened petrol scarcity in Nigeria, a perennial feature since the beginning of 2024.

At different times, the NNPCL blamed logistics challenges, and flooding, amongst others for the supply shortages of the essential commodity.

However, in a statement on Sunday, NNPCL spokesman Olufemi Soneye said “this financial strain has placed considerable pressure on the company and poses a threat to the sustainability of fuel supply”.

Nigeria, Africa’s most populous nation, faces energy challenges, with all its state-owned refineries non-operational. The country is heavily reliant on imported refined petroleum products, with the state-run NNPC being the major importer of the essential commodities.

Fuel queues are commonplace in the country. Prices of petrol tripled since the removal of subsidy in May 2023, from around ₦200/litre to about ₦800/litre, compounding the woes of the citizens who power their vehicles, and generating sets with petrol, no thanks to decades-long epileptic electricity supply.

The government simultaneously unified forex windows, with the value of the naira nosediving terribly from $1/₦700 to over $1/₦1600 at the parallel market. Prices of food and basic commodities immediately climbed through the roof as Nigerians battled attendant inflation.

The Chairman of the Presidential Committee on Fiscal Policy, Taiwo Oyedele, says his committee has advised the Federal Government to remove taxes on food, public transportation, house rents, and other necessities critical to Nigerians’ well-being.

Oyedele stated this on Channels Television’s Politics Today programme on Monday.

He said the proposal also includes the exemption of value-added tax (VAT) on these necessities.

Oyedele said the proposal would soon be signed by President Tinubu before being sent to the National Assembly to become part of Nigeria’s tax laws.

He said, “What we have taken into account is what are those necessities of life—food, accommodations, transportation, education and health. We’ve deliberately identified those items. And we’ve removed almost all the taxes applicable to them, including no VAT.

“We think that from the fiscal policy and tax perspective, we can make it more affordable for the Nigerian people to be able to afford those necessities. Share-passenger transportation is completely tax-free.

“However, if you hire a taxi, we assume that you’re not the poorest Nigerian so you have to pay the tax. Whereas if you get into a bus, that will be completely tax-free. That’s what we’ve done so far.”

Uruguayan football legend, Luis Suarez has confirmed his retirement from international football, which will take effect after the 2026 World Cup qualifier against Paraguay in Montevideo on Saturday, September 7.

Luis Suarez made this announcement at an emotional press conference earlier today, September 3. 

While speaking with reporters, the 37-year-old Inter Miami striker said it was not an easy decision to make, but he is determined to give his all in his final match for Uruguay.

“I’ve been thinking about this and analysing this. I believe this is the right time,” Luis Suarez said.

“I want to be relaxed when I play my last game with the national team. I’ll be just as excited to play as I was in 2007 when I played for my national team for the first time.

“That 19-year-old kid is now a veteran player, an older player – however you want to call it – with an incredible history with the national team that will give his life for the team.”

Throughout his career, Luis Suarez has been recognized as one of the greatest players of his generation and is leaving behind a remarkable legacy as Uruguay’s all-time leading goal scorer with 69 goals from 142 appearances.

Suarez, who made his international debut for Uruguay in 2007, led the country to victory in the 2011 Copa America, where he was honoured as the Player of the Tournament.

In addition to his impressive achievements, Suarez’s career has not been without controversy. He was involved in infamous incidents such as being banned from the 2014 World Cup for biting an opponent and his handball on the goal-line during the 2010 World Cup quarter-final clash against Ghana. His career in club football also saw incidents that sparked controversies, including a suspension for alleged racial abuse.

Despite the controversies, Suarez continued to make significant contributions to the Uruguay national team, helping them qualify for the 2018 and 2022 World Cups, as well as making appearances in this summer’s Copa America.

Kano residents are facing a new wave of fuel price hikes as Premium Motor Spirit (PMS), commonly known as petrol, soared to ₦1,200 per litre at several filling stations across the city.

According to Daily Trust, the development comes as the Nigerian National Petroleum Company Limited (NNPCL) adjusts its pump prices to ₦904 per litre.

The surge in fuel prices has led to long queues at NNPCL outlets, where customers are scrambling to fill their tanks before the new price is fully implemented.

An official at one of the NNPCL stations, who preferred to remain anonymous, confirmed to the platform that they were awaiting directives to commence sales at the updated price.

This spike in fuel costs has further strained the pockets of Kano residents, many of whom are already grappling with the high cost of living.

The situation has also sparked concerns about the potential impact on transportation costs and the prices of goods and services, which are likely to rise as a result.

He said, “We just came this morning (Tuesday) and turned on our machines only to see the adjustment. You can see it for yourself. We are here now waiting for directives to start selling.”

Motorists in queue expressed concerns over the development.

Isah Muhammad said, “Where are we heading to in this country? How do we survive now? It’s very unfortunate we are witnessing this.”

Another motorist, Ibrahim Saleh, said, “I can recall when I used to sell petrol (black market). It was then ₦95. One day during the late President Shehu Musa Yar’adua regime, we went to buy fuel and they halted the process.

“We all thought it was going to be increased but they adjusted the litre to ₦65. It was something that I would never forget in my life. When things go up, they never come down in Nigeria and since then it has been like that.”

The representative for Ogbaru Federal Constituency in Anambra State at the House of Representatives, Afam Ogene, has appointed no fewer than 70 aides throughout Ogbaru.

According to Ogene, the appointments reflect his dedication to providing outstanding service to his constituency.

The appointed individuals encompass advisers, special assistants, executive assistants, and various other roles.

The letters of appointment, signed by Ogene’s Chief of Staff, Chinedum Uwolloh, seen by journalists on Tuesday, detailed the responsibilities assigned to the aides.

The letter states that the aides will “Assist the office of Hon. Ogene in achieving its core objective of delivering excellent service to the people of Ogbaru Federal Constituency in your specific area of appointment or perform any other duties assigned by the office from time to time.

“The appointments were made based on the appointees’ experience and commitment to the lawmaker’s success as Representative of Ogbaru Federal Constituency and the well-being of Ogbaru. The newly appointed aides are expected to bring their expertise and enthusiasm to their critical roles, particularly in enhancing service delivery to the constituents.

“They will receive monthly allowances aimed at motivating them and improving their economic conditions. This financial support will enable them to carry out their responsibilities more effectively without the burden of financial constraints.

“The allowances are intended to supplement their income, allowing them to better meet their basic needs and focus on providing exceptional service to the constituents of Ogbaru Federal Constituency.”

The letter also recalled that Ogene made a covenant with his constituents and Nigeria upon assuming office, outlining his commitment to responsible leadership.

The covenant, made public in February 2024 during a thanksgiving programme to celebrate his victory at the tribunal, reads: ‘I pledge to be a sensitive, responsible, and responsive Representative, working tirelessly for the peace and socio-economic development of Ogbaru Federal Constituency. To prioritise the interests of the people, ensuring equity, fairness, and justice for all Nigerians in my lawmaking and oversight responsibilities, guided by the principles of servant leadership.

“I commit to promoting self-accountability, decorum, propriety, and integrity in public office, setting a high standard for ethical governance. So help me God.‘

Notable among the appointees are Mr. David Chukwuekezie, Special Adviser (Political); Ben Nwasike, Special Adviser (Political); Emmanuel Akpati, Head of Media Relations; Maxwell Nwebo, Special Assistant (Events); Frank Oduah, Personal Assistant (Education Programmes); Tina Nwafor, Special Assistant (Women Mobilisation); Amechi Ede, Executive Assistant (Religious Affairs).

“Hello, Bros. Hello. Hello. Hello”

“Yes. I can hear you”

“Which kin thing be this now? I don dey call you since, you no pick call. Person go dey call you, you no go pick.”

“At your level, you should know that if you call somebody once or twice and the phone rings, the best thing to do is to leave a message and expect the person to call back.”

“I called you up to ten times.”

“Why? Once you call a person twice, leave a message or send a text. Do I owe you money? You Nigerians do not know how to use a phone. You think if you call me, I must answer you compulsorily. I do not respond to such calls. All the people who call me up and down are people who want to beg for money. In this Tinubu Nigeria, if you call me and up and down, I won’t answer. I may even block your line because the desperation is a serious signal, that a hungry Nigerian is calling me. I did not cause inflation oh, let nobody come and disturb me. All of you who voted for APC in 2015, 2019 and 2023, carry your cross. Do you know some people even have the effrontery to come and ask me to help pay for their wives’ hospital bills in the maternity ward. If you have enough strength to impregnate a woman, when it is nine months and the result comes out, carry your own cross. The notice is long enough. I don’t want to hear that nonsense about helping the neighbour.  Neighbour wey no get common sense.”

“So, am I one of those persons who will disturb you for hospital bills? When person call you, make you pick”

“I dey unavailable that time. Davido says I am unavailable. Dem no dey see me. The network must have told you that the line you were calling was not available at the time. So, what’s up, Omo? I have a busy day.” 

“Have you seen what I am seeing in the papers today? They say NNPC Limited is facing financial strain, financial pressure and that is why there is fuel scarcity, and long queues. NNPC says it is overburdened by debt obligations running into about $6.8 billion”

“I thought they said it was weather and bad roads causing the fuel supply disruptions, and that even if they were owing, it is in the nature of the business to source credit.”

“We are in September. The weather condition will soon change from rainy season to dry season in Nigeria. There is a limit to which anyone can blame the weather and the roads. The truth has now been let out of the bag. My question to you is what do you think this implies?”

“It is obvious. NNPCL is the breadwinner of Nigeria. If the company says it is under financial pressure, it is as good as saying that Nigeria is financially bankrupt. When you link that to the fact that NNPCL is the sole importer of finished products in the downstream sector, it means that the NNPC Limited has no money to import more PMS, and that would create supply problems and translate into fuel scarcity and longer queues at the fuel stations. Very simple.”

“Nigeria produces over 1.3 million barrels of crude per day. How is that possible? NNPC Limited can sell crude and make money.” 

“Sorry. Your 1.3 million, 1.4 million barrels have already been used to take loans upfront from Afrexim Bank and other sources. You produce the crude; you use it to pay existing debts. It is a perfect storm.”

“But what of the plan to have an Operation and Maintenance concession with private investors at the Warri and Kaduna Refineries?”

“It is called O and M. If you are an investor, I ask you, will you go and invest your resources in the same refineries that the Nigerian Government has not been able to fix for the past 20 years? Not even the Chinese who are looking for every possible opportunity in Africa will go near that. Why do you think the multinationals are very careful with Nigeria and some of them are using style, style to reduce their risk margins in Nigeria?  A country that cannot protect its biggest assets cannot be trusted. Investors look at risk factors. And I don’t think that refineries should be for concession. They should be privatized. Or sold as scrap. The Nigerian Government cannot run refineries.”

“President Tinubu is in China. He is talking to the Chinese looking for more investments. We pray that he succeeds at the Forum for China- Africa Co-operation (FOCAC)”

“I hear everybody is in China too, with some of your Ministers behaving like they have seen Heaven, the same Heaven that they cannot create here in Nigeria”

“Don’t mind those ones. Very soon there will be a cabinet reshuffle and they will be sent out”

“How can you be so sure?”

“I am not sure of anything. I just think that the President should return to the country to address the many matters arising. He is Minister of Petroleum, and the fuel queues have not disappeared. There is flooding in many of the states.” 

“The President does not have to be on the ground for the country to run properly. That is why he has appointed people to do the job. The fuel scarcity issue is simple. I wish the government can deal with all the rent collectors in the oil and gas sector. They are the ones causing the problems and they are all over the system.  The fuel marketers. The fuel depot owners. The middlemen. The thieves. Tinubu did not cause the crisis. This is one of those things that Tinubu inherited. He is trying to clear the rot in the land. His situation is compounded by the fact that he is coming as President after eight years of Buhari, whose government is remembered for its sleep-walking for eight years!”

  ‘Buhari. Hmm. Have you noticed that since he left office more than one year ago, nobody, I mean nobody, I mean no institution or platform anywhere in the world has invited him to come and give a lecture on any subject, not even cattle rearing? Even his Vice President gets invited all over the world. President Jonathan has been busy virtually every month since he left office in 2015. President Tinubu has a lot to worry about taking over from Buhari”. 

“I am hearing that the Federal Government may increase fuel price. The Minister of State for Petroleum has said that PMS must be sold above the landing cost, at the open market price to stop smuggling and ensure sustainable fuel supply.” 

“One, I don’t think the fuel subsidy regime which government had to go back to is sustainable. It only benefits the rent collectors of Nigeria. Two, I am worried about fuel price going through the roof. What would be the open market price of PMS? N2,000?”

“People are already buying fuel at over N1, 000”

“We have issues with foreign exchange. If we don’t strengthen the Naira, people will groan.” 

“As an economist, I think the pain may be for about two months, then things will stabilize and the market will adjust and self-correct.”

“Please leave economics out of this matter. No economic theory works in Nigeria. When prices go up in this environment, they will refuse to come down and the government will be confronted with another problem.”

“But I hear the Dangote Refinery has started production, up to about 70 to 80%. If they pressurize the refinery further, production levels for PMS could reach 90%.” 

“What you do not know is that Dangote Refinery is a private business. Oil business is international. Dangote Refinery is not a charity outfit. They will sell at open market price and in any case NNPC limited has not yet reached an agreement with the Refinery as to how much fuel should be sold.”

“Are we helpless then? Will fuel price go up?” 

“Things will get worse before they get better.” 

“But how about this thing I am hearing that one British national, Andrew Wynne is working with some other persons to remove Tinubu.  The Police have declared a certain Drew Povey, also a Briton wanted for subversive activities against Tinubu’s government. Povey is accused of renting a space at Labour House in Abuja as a cover for his activities which includes the funding of protests to create anarchy in Nigeria.”

“The same Povey says he has been running an innocent business in Nigeria for about seven years and that he has never done anything wrong.” 

“A sleeper cell in Labour House, shortly after the NLC President was invited by the Police for terrorism related issues? I sense something here. But my position, Bros is that nobody should ever think of talking about removing Tinubu’s government. Britons coming to Nigeria to remove government? That would be pure madness. Anybody that tries any nonsense. No, it is not even trying, if anybody gets so reckless as to think of it, that person and his or her collaborators should be summarily executed. When a Northerner was in power, nobody talked about removing anybody. Now that it is our turn, some animals are talking about removing. This country belongs to all of us. Whoever is frustrated, hungry or angry should wait till the general elections in 2027, and make a choice at the polling station.” 

“I agree with you. The Nigerian Military has also pledged their loyalty to the President and the Nigerian state. Even the Police.” 

“The Police have no option. The retirement age for policemen has just been extended by the Senate from 60 to 65 years. The IGP, Kayode Egbetokun has been granted a grace period of four more years.”

“Well, well, well. I really don’t have a problem with that. The extension is not for Egbetokun alone. Other policemen will benefit from it, and every government has a right and the privilege to adopt its own directions. In the. UK, Sir Keir Starmer wants to stop winter fuel privileges. He wants to introduce a more stringent tax regime. The only thing that bothers me is that I know one police officer who is always terrorizing other people, threatening to lock people up. What this new law means is that he would spend more time wearing the police uniform. Useless man.”

“The general belief out there is that the retirement age for policemen was revised just to keep Egbetokun as Inspector General of Police. He is a Tinubu man, they say. And Tinubu wants his own person in that office.” 

“I don’t get it. If you are President, will you as Tinubu appoint Peter Obi’s person or Atiku’s person as IGP? These are commonsense things. What we should expect is performance and better quality from the Nigeria Police Force.”

“You know what I am thinking?” 

“What?”

“With all these problems that we are facing in Nigeria, why would the President buy a new Tokunbo Presidential jet? Why would a member of the National Assembly of Nigeria collect as much as N21 million per month at a time NNPC Ltd says it is facing financial constraints?” 

“You have a point. Nigerian leaders should be seen to identify with the people. Yes. But purchase of PMS is not the same as buying a presidential jet or the N21 million that Senators collect. It doesn’t show on them anyway. Many of these our lawmakers look miserable.”

“It is just that I expect higher standards of conduct.” 

“From who? From Comrade Senator Adams Oshiomhole for example?”

“Ha. Comrade oh Comrade. I am his fan oh. And I like his contributions on the floor of the Senate. His intervention on the National Anthem issue. His request that the Nigerian military must account for all the money that they collected to fight terrorism and banditry. But Comrade drop person hand oh, with his attack on Mrs. Betsy Obaseki, the wife of Governor Obaseki of Edo State, publicly calling her a barren woman, and asking the couple why they have failed to adopt a child.” 

“I was shocked too. When did Comrade Oshiomhole become a family planning expert. And who ask am question? Wetin concern am?”

“He was actually defending the APC Gubernatorial candidate in Edo State, Senator Monday Okpebholo, after Mrs Obaseki while introducing Mrs Ifeyinwa Ighodalo to the women electorate in Ubiaja, South East Local Government said that it is only the PDP candidate that has a wife among all the Gubernatorial aspirants in Edo State. She did not mention anybody’s name.” 

“Having a wife or a child is not a pre-requisite for becoming a Governor. There is no such thing in the Nigerian Constitution. But even if the innuendo lands perfectly where it is targeted, what is Oshiomhole’s own in the matter? We hear more from him than from the APC candidate himself. He has become Okpebholo’s spokesman and campaign manager. I sympathize with the people of Edo State. Instead of their politicians talking about issues – how to fix roads, generate employment, create jobs, promote prosperity, what we now hear is gutter politics – who has a wife who does not have, who has children, who does not have. Who has DSTV, who does not. Terrible” 

“I think the Comrade Senator owes the Obasekis an apology. Politics or no politics, there are things an elder should not say. When JD Vance, Donald Trump’s running mate in the US election played the same fertility card referring to Kamala Harris as a “childless cat”, there was an uproar. There must be decorum in politics.” 

“Sometimes I actually think that the whole world is going mad. Look at what the South African did to Chidinma Adesina. They pursued her out of the Miss South Africa Beauty Pageant. They threw all kinds of things at her: They said she was married or divorced, the organizers said it did not matter, they said her mother is an identity thief and that she is actually from Mozambique. Nobody remembered that Nelson Mandela, father of modern South Africa also married a former First Lady from Mozambique. When Chidinma was invited to participate in the Miss universe pageant in Nigeria, South African netizens pursued her still. They gave their votes to Miss Kwara. But in the end Miss Chdinma Adesina emerged victorious. A very big story about xenophobia, national identity politics, Nigeria South Africa relations and the love-hate relationship between the peoples of both countries.”

“Quite a moving human story. Congratulations to Chdinma Adesina. Thanks to all the fans who gave her the 15, 482 votes that brought her victory. Perhaps not everyone is going crazy. Some people will always stand by you, no matter what.” 

“What do you think of Nyesom Wike saying he would fight anybody that supports Governor Fubara of Rivers state, be such a person a Governor of another state or anybody at all?”

“Please, Bros, I think my phone is out of credit. I sincerely do not want to discuss Wike.”