FEATURES

FEATURES

Benson Upah is the spokesperson for the Nigeria Labour Congress (NLC). In this interview with Weekend Trust, he expressed concern that the price of fuel may increase to N5,000 per litre. He added that the recent increase runs contrary to the agreement the union reached with the federal government.

 

During the week, the price of petrol went up again. What will the NLC do about it?

We are planning to have a meeting with the appropriate organs of the Nigerian Labour Congress (NLC). Those organs will take the decisions. We will take decisions that we believe would be in the best interest of our members and possibly, this country.

Not to pre-empt the outcome of the meeting, what should Nigerians expect?

It will be difficult for me to preempt what the NLC will do because the organ has a very large membership. Let me use the example of the National Executive Council of the NLC; it comprises the president, general secretaries and treasurers of all affiliate unions.

It also comprises state chairmen and secretaries of the state councils of the 36 states and the FCT, as well as members of the National Executive Council of the NLC. So, you can see it is a big family. In the absence of a delegates’ conference, it is the highest organ making body of the congress. So, there will be multiple ideas coming in; you know, we usually have robust debates. We look at issues and the implications from multiple perspectives. I will not be able to preempt the direction for you.

Nonetheless, the mood, I can tell you, is that of anger and I want to say that it is not only within the Nigerian Labour Congress that you have anger. Virtually every Nigerian is angry, except that first one per cent that is maintained by the state. You know, that one per cent has everything; we give them everything, those are the only ones who are not complaining. Every other Nigerian is complaining. So, our mood is reflective of the general mood of the country.

Recently, the president of the NLC said President Tinubu betrayed the union, can you elaborate more on this?

After the announcement, the next day, a Senior Special Assistant to the President on Print Media, Mr Abdulaziz Abdulaziz, said we were lying and there was no agreement. We want to reiterate that we feel betrayed by the present increase in the pump price of petroleum products.

One, when Mr. President called for the negotiation, recall that we were stuck at N62,000 and he made two offers; the first was to agree on the N250,000 we recommended while the price of PMS will rise to N1,500 or N2,000 or he will pay N62,000 and the status quo remains. He told us we had a few hours to consult. The labour leaders did not take the bait, rather we asked to be given more time and later requested at least one week to consult outside the Villa. At the end of that one week, the Presidency met again and the labour leaders unambiguously said we would not accept the offer of N250,000.

This was out of consideration for the well-being of the average Nigerian, because we said ‘what would be the effect of this on the ordinary person?’

To keep this brief, the president acted in breach of his promise to labour leaders and he knows the truth. But let us even look at this matter; what has happened goes beyond the parameters of minimum wage and negotiation. It negatively affects the generality of Nigerians. Since the first wave of price increase, occasioned by the removal of fuel subsidy on May 29, 2023, Nigerians have been trying to reorder their lives to accept the fate they never bargained for.

Coming to terms with 500 per cent hike in cost of education, transportation, food and everything else is not easy. At a time they were just trying to adjust to the new normal, you introduce another shock. So, what we have now is uncertainty; we have moved from pain to uncertainty. In fact, this matter goes beyond the logic and philosophy of our national minimum wage.

When the president mentioned that fuel price will increase to N2,000, one of the labour leaders interjected him and said, ‘Sir, you have removed fuel subsidy, so which other thing are you removing again?’ Remember, the subsidy was removed and prices were stabilised.  So, how many times are you removing subsidy, that you have removed? Subsidy was never restored at any point in time as they claimed. So, what will inform moving the pump price of PMS from N650 to N1,500 or N2,000?

I want to tell you something, what this signals is that Nigerians have not seen the end yet, we may end up paying nothing less than N5,000 per liter for fuel in this country. We hope not to get there but if we get there, the decision will be left to Nigerians.

Can the president justify the increase from N650 to N1,000 vis-à-vis the current minimum wage?

I would have said let the president answer that question, but clearly, there is no correlation between the national minimum wage and what he has done. In fact, at the time we demanded N615,000 as the national minimum wage, we broke it down to say N40,000 for rent, N20,000 for food for a family of six. Our permutations were based on a family of six, a husband, wife and four children. We were able to justify that.

We were patriotic enough by coming down to N250,000. But of course, even at that, you saw what the president did. He gave us the devil’s alternatives to choose from and we chose the one we felt was going to be less injurious to Nigerians, believing that he will keep his word but barely a month after, he violated it.

What is the status of the minimum wage, has the federal government commenced payment?

Only one state has started paying and it is Adamawa. We commend the governor for the spirit. But of course, while the process of negotiation was going on, the Edo State governor paid N70,000, with a promise to pay more if the minimum wage was to be resolved to something higher. Lagos paid N70,000. Other than this, I am not aware that other states have started paying, though committees have been put together to work out consequential adjustments to enable them commence payment.

I must tell you; governments are very rich now. What they declare and share from the federation account used to be N700bn, which has since moved to N1.3trn. That is what they declare and it does not include the ones they keep aside and pass under the table. With all of that, have you seen any improvement in the quality of the life of Nigerians? There has been no commensurate improvement, rather what we have been getting is pain, penury and trauma.

What do you think will happen to the other promises the government made; like the CNG buses and other incentives they promised after removing the subsidy in the first instance?

We do not expect much from those promises. How many CNG buses have you seen as an individual? At the time those promises were made, we were also meeting with Innoson Motors, a local brand. We were also in discussion with a reliable foreign firm that makes CNG buses, Yutong, in China. They said they were ready. They assured us they will provide facilities to offer Nigerians soft loans to convert to CNG. At that time, the government said it would cost N800,000 to do it but these people were ready to do it at N250,000.

These facts were made available to the government, yet nothing happened and those conversations fizzled into thin air. So, compare that with what General Ibrahim Babangida did, when he made his own increment. IBB ensured that every state government had a transport company and even labour had a transport company known as Labour Transport Company. It was by virtue of what IBB did, trying to manage the effects of the minimal change when he did his own increase. It was even a minor increase that IBB did compared to what we are now seeing. So, he was prepared and there was no noticeable side effect.

Also, Abacha introduced PTDF, chaired by Gen. Muhammadu Buhari. The impact of PTDF was cross-sector, including providing exercise books. Clearly, our military leaders were better prepared than what we are witnessing today because they anticipated the effects and they were prepared for them.

The president announced that subsidy was gone and did not think of what will be the consequential effects of this policy pronouncement.

The Nigerian government and some other persons believe the current economic challenges are pains Nigerians have to bear for a better tomorrow, what do you have to say to that?

They are insulting our collective intelligence. Those who make such comments are not competent to do so because they are isolated from the pains we bear. The National Council of State passed a vote of confidence on the president the other day, all of them are on subsidy. Let me say this, all of them don’t pay for petrol; they don’t pay for light. We did say that they were not competent to pass any vote of confidence. It is Nigerians; those who face this heat that are competent to pass a vote of confidence.

Those that say we should bear the pains should be jailed or shot. For how long are we supposed to continue like this? This situation has gotten to a point where our yesterday is always better than our today.

I keep telling people who say Buhari was the worst that they are joking. For us at Labour, we found Buhari very accommodating. He did everything humanly possible to ensure that life was stable and good. When he came in, he gave money to the states to pay the backlog of salaries and pensions but it was diverted. He made other interventions to avoid the insane increases.

If you ask those same people now, they will tell you that the Buhari administration was very good. We are talking about less than two years ago. Before Buhari came, it was Jonathan. We said Jonathan had messed up this country, but now look at the indices and compare the exchange rate, the interest rate, the debt. So, we are in a situation where we are progressively getting worse.

Those people who say we need these pains should be shot, how much of these pains would they bear themselves? They can’t even bear one per cent of it. It is because they are isolated from this trauma; that is why they have the effrontery to say that we need the pain. We don’t need these pains. We don’t need the president who will come and complain. When this one first came, he said, ‘I asked for this job’. I was impressed by that, but later he said that these problems were caused by his predecessor. When any leader begins to talk like that, that leader has come to the end of the road in terms of ideas.

[DailyTrust]

A member of the House of Representatives, representing Ideato North South Federal Constituency, Hon. Ikenga Ugochinyere (PDP, Imo) has said that no congress of the Peoples Democratic Party, PDP, was held in Rivers State at the weekend.

Ugochinyere said, rather the FCT Minister, Nyesom Wike held a party with his friends, under the guise of a party congress.

The main opposition party’s state congresses, took place at the weekend, and was marred by complaints from several states, including Rivers, Benue, Katsina, and Kogi.

In Rivers, the congress was held despite an existing court order preventing the process.

This has led to a dispute between the National Working Committee (NWC) that authorised the congress and the PDP Governors Forum, which asserted that Governor Siminalayi Fubara should remain the party leader in the state.

The Federal Capital Territory (FCT) Minister, Nyesom Wike, and his faction are also claiming control of the party structure after the congress that was boycotted by the state governor and his supporters.

But the PDP has stated that the process is subject to review by the party’s organs.

Ugochinyere, who is the spokesperson of G-60 federal lawmakers in the House of Representatives, in a statement on Saturday, described the supposed Congress held by the Wike faction as laughable and a jamboree.

According to the PDP chieftain, no PDP Congress was held in Rivers state, rather “Nyesom Wike out of desperation to look good before his dwindling followers who are losing confidence in him held an owambe party and called it state Congress.”

The lawmaker recalling the interim order stopping PDP from holding congresses in the state, said the party Wike conducted for him and his friends was an exercise in futility.

The statement reads, “Take it from me, there is no PDP state Congress yet in Rivers state.

“Wike out of desperation to look good before his dwindling followers who are losing confidence in him held an owambe party and called it state Congress.

“Recall that in July, a State High Court, holding in Port Harcourt, Rivers State and presided over by Justice Charles Wali had issued an interim order stopping PDP from holding congresses in the state.

“The court decision was clear and the Congress was stopped from holding and so if people out of desperation gather to hold a family or kindred meeting from their hideout under the guise of Congress, you can only but pity and laugh at their political frolicking caused by joblessness and desperate quest for power.

“Defying the court orders, some members of PDP hobnobbing with the APC reportedly made an attempt to pass off some family gatherings of their faction as PDP congress.

“The purported Congress is a nullity and an exercise in futility as there is still an existing valid order against any conduct of Congress in Rivers and in view of that, the purported Congress will be set aside as you can’t put something on nothing.”

[DailyPost]

Popular actress Omotola Jalade Ekeinde has addressed her intermittent absence from the Nollywood industry.

In a social media post, she revealed that she needed to take a break to relax, reflect and recharge.

Omotola, who started her acting career at 15, explained that working non-stop for decades led her to feel the need to unwind and revitalise.

She emphasised that taking time off is essential to maintaining her creative energy and passion for her craft.

“I know many Never understand why I take time off Movies for a few years then come back and do it again!

 

Lol..,I see fans asking when I’ll be back on screens but when you’ve been working since you were 15! like I have…

“You’ll do good to Relax, Relive, Relearn and Re-charge.,Who Understands & Who’s Following,” she wrote.

[TheNation]

The Nigerian National Petroleum Company Limited has denied claims that it is responsible for the recent hike in premium motor spirit, commonly called petrol, in the country.

The company said the pricing of petroleum products from any refinery, including the Dangote Refinery Ltd, is determined by global market forces, stating that there is no guarantee of lower prices associated with domestic refining of the products in the country.

The NNPC stated this on Saturday in reaction to rumours it is attempting to monopolise the offtake of all products from the Dangote Refinery Ltd.

In the statement titled “NNPC Ltd Not the Sole Offtaker; Market Open to Lower Prices from Any Domestic Refinery”, the Chief Corporate Communications Officer NNPC Ltd., Olufemi Soneye, said “The attention of the

 

NNPC Ltd has been drawn to a press release by the Muslim Rights Concern, MURIC, which claims that the Dangote Refinery Limited (DRL) is being undermined by actions of the Nigerian National Petroleum Company Limited (NNPC Ltd).

“Specifically, MURIC asserts that recent changes to the pump price of Premium Motor Spirit (PMS) will prevent the Dangote Refinery from offering lower prices and that NNPC Ltd. has become the sole offtaker of all products from the refinery.”

The company said to set the records straight, “The pricing of petroleum products from any refinery, including the Dangote Refinery Ltd. (DRL), is determined by global market forces.”

 

NNPC said “The recent changes in PMS prices have no impact on the DRL or any other domestic refinery’s access to the Nigerian market,” adding that “In fact, if current prices are perceived as high, it presents an ideal opportunity for the refinery to sell its products at lower prices in the Nigerian market.”

The NNPC further emphasised, “that there is no guarantee of lower prices associated with domestic refining compared to any global parity pricing framework, as confirmed by the DRL.”

“The NNPC Ltd. will only fully offtake PMS from the DRL if the market prices of PMS are higher than the pump prices in Nigeria. The DRL and any other domestic refinery are free to sell directly to any marketer on a willing buyer, willing seller basis, which is the current practice for all fully deregulated products.

“NNPC Ltd. has no desire or intention to become the distributor for any entity in a free market environment, and therefore, the notion of becoming a sole off-taker does not arise,” it said.

The NNPC said it cannot undermine a business in which it holds a billion-dollar stake.

“As an advocacy group for fair and just treatment, MURIC should have verified the facts before making statements that are entirely flawed and has the potential to incite ordinary Nigerians against the NNPC Ltd,” the company said.

[Punch]

Roman Catholic Bishop of Sokoto Diocese, Mathew Hassan Kukah, has asked the All Progressives Congress APC-led Federal Government to take immediate steps to reduce the current pump price of fuel, to alleviate the suffering in the land.

Kukah whp spoke on Friday in Abuja, during the official unveiling of The Progressive Institute TPI, the intellectual arm of the APC, said Nigerians are hungry.

“A girl was asked, which party are you? APC, LP or PDP? She said ‘I am hungry’, so we Nigerians are hungry. You have to find a way of reducing this price of fuel.

 

“Unless democracy is anchored on sound foundation, we will be building on sand. I am concerned about the quality of democracy in Nigeria. We need to fix the problem with democracy in Nigeria”, he stated.

Present at the event are the APC national chairman, Dr Abdullahi Umar Ganduje; President of the Senate, Godswill Akpabio represented by his deputy, Barau Jibrin; Secretary to the Government of the Federation SGF, Senator George Akume; Chairman of the Progressive Governors’ Forum PGF and Imo State governor, Hope Uzodinma; Ondo State governor, Lucky Aiyedatiwa; ministers; APC states Chairmen and many others.

[OpinionNigeria]

An investigative report by journalist Greg Donahue, published on August 14 in The New York Times, has revealed a disturbing neglect of brain disease patients in New Brunswick, Canada—a region dominated by forestry and agriculture, including extensive pesticide use.

The article highlights the tension between government authorities, regulated industries, and neurologists who are directly treating affected patients.

Donahue’s report exposes how health officials in New Brunswick appeared to manipulate an investigation into a cluster of neurodegenerative diseases to avoid disrupting the local economy.

The province, known for its forestry and agriculture industries, particularly blueberry farming and paper production, has seen widespread use of glyphosate, a controversial herbicide linked to numerous health issues.

The report details how Dr. Alier Marrero, a neurologist who first noticed the unusual cases, was stymied by provincial authorities who sought to downplay the possibility of a new disease linked to environmental exposure.

Despite mounting evidence, including high levels of glyphosate found in patient samples, the provincial government halted a federal investigation that was initially launched to explore the potential connection between the disease cluster and pesticide exposure.

The investigation’s derailment raises concerns about the influence of industry on public health policies. The New Brunswick government’s actions, including the removal of certain patients from the study and restricting communication with federal health authorities, suggest an effort to suppress findings that could implicate local industries in the health crisis.

As a result of the province’s handling of the situation, Dr. Marrero now treats 430 patients with undiagnosed conditions, 111 of whom are under 45 years old. Despite these alarming numbers, the provincial health authorities have dismissed the possibility of a common environmental cause, leaving many questions unanswered and patients without proper diagnoses.

This case in New Brunswick is part of a broader pattern where industrial interests and government officials collaborate to suppress evidence of environmental harm, leaving victims to fend for themselves in their quest for justice.

[National Daily]

The Edo State Governor, Godwin Obaseki, has revealed the real reason his predecessor, Senator Adams Oshiomhole, fell out with him.

Obaseki revealed the cause of their fallout at Opujie Primary School, Uromi, Esan North East Local Government Area.

 

He spoke during the continuation of the campaign of the Peoples Democratic Party for the upcoming September 21, 2024 governorship election.

He said his declaration of state burial for Chief Tony Anenih, a top chieftain of the PDP and a highly revered elder statesman, during his first term as an All Progressives Congress governor was the unforgivable sin he committed against Oshiomhole.

He said the former governor, who now represents Edo North Senatorial District, has not forgiven him since then.

Obaseki, who spoke at Uromi, where Chief Anenih hailed from, said: “When Chief Anenih died, I was not in PDP, but I declared a state burial for him because of his contributions to our dear state and Nigeria.

“This was one of the things that created issues between me and Oshiomole, who never wanted it.

“He considered it an unforgivable sin, which he could not overlook.

“But I have to do what is good.

“We are all one.

“Edo State is one.

“And that is why I am here today.

“For Edo to be one and united, I have to support Esan for governor.

“And not just an Esan man, but a capable, competent, intellectually sound person with a good track record in the person of Asue Ighodalo.

“The candidate the APC brought was a Benin man and that the APC never believed in an Esan governorship agenda or an Esan man becoming governor until it dawned on them so they hurriedly packaged one through the back door.”

Obaseki declared that the need to move Edo State forward requires a candidate like Ighodalo, adding: “The PDP candidate is more experienced and competent to take Edo to the next level and so I urge you all to come out en-masse and vote on the 21 and elect him as the next governor by voting for the PDP.”

In his address, Ighodalo thanked the people, saying: “Uromi is a great place with great people.

“It is the pride of Esanland.”

He promised to complete all ongoing projects in Esanland.

He said: “I will complete everything and create more.

“We will complete all ongoing projects in Esan North East and across all Esanland.

“Be it water, roads, hospitals, schools or anything, we will complete them and create new ones.

“Edo will be self-sufficient under my administration and become a state other states will come to.

“With us, Edo will not suffer poverty

“Let us support the good work to continue.

“Obaseki has done well and we will build on the foundation.”

Earlier in his welcome speech, the LGA Chairman, Dr. Inedegbor Kelly, thanked the governor for promising Esan people the governorship and fulfilling it.

Kelly said the governor not only fulfilled the promise, he gave Esan credible and competent candidates in the persons of Ighodalo and Osarodion Ogie.

He asserted that PDP is Esan North East and Esan North East is PDP, assuring the governor of victory in the local government.

A former council Chairman, Hon. John Yakubu, also affirmed the submission of the local government boss while reechoing that PDP will produce more than 75 percent vote in Uromi.

Senator Clifford Ordia, the Director General of the Asue Ogie Campaign Council, Hon. Matthew Iduoriyekemwen; the state PDP Chairman, Dr. Tony Aziegbemi, all urged the people to come out enmasse and vote the PDP with the umbrella as symbol.

Prince Joe Okojie, while eulogising the governor in sweet Esan melodious songs, told the people that Obaseki promised him at the beginning of his first tenure that he will handle over Edo State to Esan son as governor and that seven years plus, Obaseki has done it.

Okojie said the APC people know that they have lost the election, hence they are doing everything to see they intimidate the PDP people using police, for which they have also failed.

He then sent a strong warning to one of Uromi sons, who is a member of the police force, but parading as a politician and APC is using him: “I advise him to resign and be a proper policeman or resign so we know where he stands.”

He said Uromi people cannot be intimidated and that on that day they all come out and vote massively for PDP and vote the umbrella.

Prominent APC leaders led by Alhaji Musa Isiwele then led hundreds of defectors to join the PDP, saying that they can’t support incompetence.

[EagleOnline]

Oyo State Governor Seyi Makinde has declared that the decision his administration would take on the recent fuel price-hike in the country will be people-oriented.

He said such a decision would also put into consideration the interest of the economy of the state.

The governor who stated this in his monthly newsletter titled “The Business of Governance”, said he is refreshed, adding that “My four-week vacation ends this Friday, so I’m back on the grind on Monday.

“Let me start this email by thanking our acting governor, His Excellency, Barrister Bayo Lawal, for holding the fort in my absence and ensuring that the wheel of governance continued moving.

“I also thank all those who sent prayers, responding to my last two emails. I am indeed returning refreshed and ready to continue to do the work you elected me to do.

“I know that there are some pending decisions that need to be taken, especially with the recent increase in the price of fuel.

 

“You can rest assured that whatever decisions we take will be in the best interests of our people and the Oyo State economy.”

The governor also stated that he would be back to flag off some new projects and commission some others.

He, however, said he would be keeping the projects to his chest.

“I am looking forward to a few projects we will be flagging off and commissioning this October in the agribusiness and tourism space.

“I am not about to let the cat completely out of the bag, but I can assure you that they are projects that we all will be proud of,” he stated.

Makinde, who talked about the book he said he started reading for the month said, “I started reading a book this month and I will be leaving you with it.

“The book is titled, ‘The Situation Room – The Inside Story of Presidents in Crisis,’ written by George Stephanopoulos. As usual, I will be sharing my thoughts on it in the coming weeks.

“I always like to close my emails on a high note these days. May we never lose real hope.”

[Leadership]

As Nigerians lament the latest increase in the price of petrol, there is also an ongoing tango between the federal government and the Nigeria Labour Congress (NLC) over the turn of events, which has added to the hardship in the country.

The NLC, in an immediate reaction, asked the federal government to reverse the price to the N617 it was before the current hike, according to a statement by its president, Comrade Joe Ajaero.  It also stated that the government’s recent action runs contrary to the agreement it reached with the union.

But this does not appear likely, as days after, the government is yet to reverse the hike in fuel price, just as it has failed to provide any explanation on the situation.

Twenty-four hours to when the Dangote Group indicated it was set to roll out products after years of wait, the price of Premium Motor Spirit (PMS) was adjusted upwards by the retailers, effectively putting pump prices at around N950 to as much as N1,400 in some parts of the country.

From that point onwards, the entire country was thrown into a cesspool of confusion as fuel queues, which have lasted over six weeks, worsened with many filling stations shut down.

With neither the NNPCL nor the regulatory agencies willing to offer Nigerians any meaningful explanation, prices have remained high amidst denial by the NNPCL that it had ordered an upward price review.

The NLC, which has always led the protests against arbitrary fuel price increases, further described the development as tantamount to an act of betrayal by the federal government.

It said this is because, during negotiations for wage increase, the government had agreed not to tamper with the price of petrol if Labour would come down on its demand.

The spokesman of the NLC, Mr Benson Upah, in an interview with Weekend Trust, explained that the NLC was betrayed by the current increase in the pump price of petroleum products because the president called for negotiations when their demand got stuck at N62,000.

 

“He made two offers which were to agree on the N250,000 we recommended while the price of PMS will rise to N1,500 to N2,000 or he will pay N62,000 and the status quo remains,” he said.

our deal with fg on petrol price
our deal with fg on petrol price Upah explained further: “He told us we had a few hours to consult. The Labour leaders did not take the bait, rather, we asked to be given more time and later requested for at least one week to consult outside the Villa.

“At the end of that one week, the Presidency met again, and the Labour leaders, who are forthright, unambiguously said we would not accept the offer of N250,000.

“They rejected that and this was out of consideration for the well-being of the average Nigerian because we looked and said what would be the effect of this on the ordinary person.

“To keep this brief, the president acted in breach of his promise to Labour leaders and he knows the truth.”

Special Assistant to the President on Print Media, Abdulaziz Abdulaziz, however, countered Labour saying that was not the true representation of what transpired.

“I sat through the two meetings President Tinubu had with Labour leaders on minimum wage. At neither of the meetings was an offer made in exchange of fuel price hike. Ajaero is once again playing his dirty politics with the emotions of Nigerians,” he said.

NNPCL as sole buyer

The directive that only the NNPCL will be the sole buyer of the Dangote products when it begins to roll out refined products has not helped to calm the situation as it implies that independent marketers, with all their stations, would not be getting the products directly.

This has thrown up the issue of how much products would be sold to consumers in the end.

The Chairman of the Independent Marketers Association of Nigeria (IPMAN), Alhaji Abubakar Maigandi, said members of his association were surprised at the directive as there was no indication of that arrangement before the commencement of petrol production by Dangote Refinery.

But the two major deciders in the industry have been shifting blame while leaving Nigerians to bear the burden of the price increase.

With the consequent hike in the cost of education, transportation and food, many view the numerous responses as unhelpful. Checks by our correspondents revealed that people no longer drive their cars as they should as they are confronted by both by the price increase and non-availability of the commodity.

While initial reports indicate that the federal government is considering granting the Dangote refinery the authority to fix petrol prices, the issue has now been thrown to market forces to determine.

The Dangote Group has, however, expressed reservations about such thoughts.

A statement by the group explained that the company can neither influence nor set prices of petrol from its refinery, stating that only the federal government’s regulatory authorities could do so.

It also stated that NNPCL had not started lifting petrol from the Dangote refinery as the issue of pricing is yet to be concluded.

“The issue of fixing the price of petrol lifted from our refinery does not arise, as we are yet to finalise our contract with the NNPC.

“The PMS market is strictly regulated, which is known to all oil marketers and stakeholders in the sector, hence we cannot determine, fix, or influence the product price, which falls under the purview of relevant government authorities,” it stated.

The reaction from Dangote refinery has continued to generate divergent reactions among stakeholders in the oil and gas industry.

The Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri said: “What is important is for us to convey to Nigerians that the president is empathetic about what is going on in the country.

“What is important is that products are available in the country, and we believe that between now and the weekend, there will be availability of products across the length and breadth of the country.

“The price could be high in some other areas, much higher in some other locations, and in some locations, much more than you know in other areas.”

nnpc price
nnpc price

According to experts, the issue around pricing shouldn’t be difficult to address in order to stabilise the industry and restore confidence in the system. They also noted that plans by the government to continue the subsidy regime are responsible for the confusion.

An industry expert who spoke with our correspondent in confidence said, “What is happening is like a game plan, and we are waiting to see the end of the script being acted on.

“It is not just a coincidence that the day Dangote rolled out its product was when the NNPC adjusted the pump price, and I can tell you it is to prepare the people for the new price of PMS even from the stable of Dangote refinery.”

The debate has continued unabated both online and offline and it is generating anxiety in the industry as Nigerians continue to experience scarcity of the product and spend hours at petrol stations.

Another industry expert and analyst, Adetunji A. Oyebanji, confirmed this development while speaking with our correspondent.

He said, “There is so much confusion. All these are supposed to be normal contractual relationships that are dealt with privately. Now, everyone is issuing press statements.

“It should not be so. The ideal situation is a free and competitive market with many buyers and sellers. The role of the regulator should be that of a mediator, moderator, arbiter and enforcer.”

Another oil industry player and chief executive officer of CITA, Dr Thomas Ogungbangbe, stated that the rollout of petroleum products from Dangote refinery would not bring about any price reduction but product availability.

He called for full deregulation of the industry in a way that would bring in more players which would deepen competition and ultimately price reduction.

He said, “Dangote will only ensure availability, it does not translate to any magical price reduction because the refinery is a for-profit-venture and it is also logging to the protocols of other refineries in the world.

The NNPCL has confirmed that it will start lifting product from the Dangote refinery on September 15, but outlined factors that would determine its price.

It said foreign exchange rates and market forces would influence the cost of petrol, stressing that the market had been deregulated.

NNPCL said foreign exchange illiquidity had been a significant factor influencing the fluctuation in prices of petrol, which are governed by unrestricted free market forces, as provided for in the Petroleum Industry Act.

The Executive Vice President, Downstream, NNPCL, Adedapo Segun, said on Thursday during a live television programme that the current fuel scarcity was expected to “subside in a few days as more stations recalibrate and begin selling PMS.”

 

With each side approaching the issue from different perspectives, it is still not clear if the burden occasioned by the price increase will be remedied soon.

[DailyTrust]

The Police Force headquarters in Abuja has clarified that what President Bola Ahmed Tinubu approved for the IGP Kayode Egbetokun’s regarding his appointment “is not an extension of tenure, but rather the proper application of the law governing the tenure of the office of the IGP.

The Force headquarters made the clarification in response “to various misleading reports and misinterpretations concerning the tenure of the Inspector General of Police, Kayode Adeolu Egbetokun”

A statement signed by ACP Muyiwa Adejobi said, “Contrary to the misinformation being circulated on social media and in the news, an appointment letter in circulation was issued to the IGP shortly after his appointment was confirmed by the Police Council.

“This letter, dated 3rd November 2023, clearly stated that the President had approved a four-year tenure for the IGP in accordance with the provisions of Section 215(a) and Section 28(c) of the Third Schedule of the Constitution of the Federal Republic of Nigeria, 1999 (as amended).

“It is important to emphasize that the IGP does not need to lobby for any tenure extension as his appointment letter explicitly grants him a four-year tenure from the date of his appointment.

“The ongoing circulation of false information is clearly the handiwork of pessimists and mischief makers who are determined to spread baseless narratives against the office and the personality of the IGP for obvious reasons and pecuniary gains.

“Furthermore, the IGP has since been issued with another letter in accordance with the provisions of the Police Act, 2020 (as amended), which supersedes the earlier correspondence.

“This clarification is necessary to put an end to the speculations and falsehoods being spread.

“We urge the public to disregard the unfounded reports and to trust that the tenure of the IGP is in full compliance with the laws governing the Nigeria Police Force.

“In clear terms, IGP’s tenure of office is not subject to unnecessary debate and should not be a source of perennial distraction to policing system in Nigeria. The law is sacrosanct.”

[BluePrint]