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Dangote Petrol Pricing: NNPC’s dance of deception

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By Ifeanyi Izeze
We all dream of a better Nigeria, but instead, we are dragged into an endless labyrinth where a privileged few find joy in our collective suffering. It is now glaringly evident that either the Federal Government or NNPC Limited—or perhaps both—are not being entirely truthful about their public spat with the Dangote Refinery. What we witness today is a disgraceful dance of deception.
Why is it that honesty and efficiency have always been strangers to NNPC? Let’s trace the roots of this saga. When former President Muhammadu Buhari commissioned the Dangote Refinery, it was a moment of national celebration. We rejoiced at the thought of locally refined fuel, heralding the end of skyrocketing prices. But soon after, whispers began. Under the new administration of Bola Tinubu, NNPC’s stake in the refinery was reportedly being reduced, despite earlier assurances of a significant investment. From there, rumors of a complete divestment emerged.
As Dangote’s refinery began to produce diesel, what should have been a moment of triumph turned into another chapter in this twisted tale. Suddenly, NNPC and other regulatory bodies, particularly the Nigerian Midstream Petroleum Regulatory Commission (NMPRC), attacked Dangote, claiming his diesel was substandard and unfit for domestic consumption. The government accused Dangote of foreign exchange violations, raided his refinery, and refused him access to crude oil. Dangote, forced to look elsewhere, had to import crude from the United States. In the midst of these power plays, accusations flew that Dangote’s product quality was subpar.
Trapped in this web, Dangote fought back. In a dramatic revelation, sympathisers exposed Tinubu’s Malta-based refinery and its dubious dealings. What followed was a flurry of denials and threats against anyone who dared speak out, including myself. The drama then shifted to pricing, with NNPC insisting Dangote must purchase crude in dollars, under the guise of global norms. Dangote cried foul, and we rallied in support. Only then did the government agree to allow payment in Naira, but only starting from October 1st.
And then, as the refinery was about to release petrol to the Nigerian market, the government made its move. It unveiled an inflated price template for petrol across the nation, pressuring Dangote to sell at higher prices. This move guaranteed NNPC a profit margin when it resumed importing fuel, sacrificing consumers’ interests on the altar of corruption and incompetence. Furthermore, the government prohibited Dangote from selling directly to marketers, making NNPC the sole off-taker of petrol. Dangote was thus caged, not permitted to set his price or sell directly—a calculated ploy to entrap him.
The strategy was twofold: first, to tarnish the refinery’s reputation with allegations of poor quality, and second, to manipulate pricing, driving up the cost of fuel. They claimed to protect Nigerians from potential extortion by Dangote while plotting to blame him for the inflated prices. But Dangote saw through the trap and swiftly launched a media campaign to educate the public. He clarified that while he controlled the quality of his product, pricing was dictated by NNPC.
The question we must ask is: where is Nigeria’s Petroleum Minister in all this? Why has President Tinubu, who also serves as Petroleum Minister, remained silent in this sordid affair? The truth is clear: the Dangote Refinery is a thorn in the side of those who refine Nigerian crude in foreign lands and import it back, collecting subsidies along the way. They seek to bend Dangote to their will or coerce him into maintaining the corrupt status quo.
The essence of this conflict lies in appropriate pricing, breaking the grip of oil cartels, and ending the fraudulent subsidy regime that bleeds the nation. It is a battle to reclaim Nigeria’s oil and gas sector from the clutches of an unscrupulous cabal. Dangote Refinery blindsided them, and they are now fighting tooth and nail to preserve their interests.
The harassments of labor leaders by the government may not be unrelated to this oil war. It is about control, power, and the right to dictate Nigeria’s oil future. Amidst all this chaos, Tinubu remains silent, leaving the nation in turmoil.
How do we explain the absurdity where NNPC Retail, after acquiring Oando’s assets for $324 million, dissolves and hands over control to OVH, Oando’s parent company? Today, NNPC, through Oando, is the sole buyer of Dangote’s petrol and dictates its price across the nation. Is it not clear who truly benefits from this charade?
The real victor in this shameful dance is Tinubu, the petroleum minister and de facto controller of Oando/OVH. The losers, as always, are Nigerians, who are being led down this dark path.
Izeze writes from Abuja and can be reached at iizeze@yahoo.com or +234 (0) 803 304 3009.

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Daredevil terrorists strike Kwara! *Abduct scores, set Emirs palace ablaze

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It was another day of misery in Kwara State, when daredevil terrorists reportedly stormed Yashikira Community in Baruten Local Government Area of Kwara State, and as has been the case in many of the attacks, abducting scores of residents including women and children.

But, apparently to register their authority, the gunmen, who were said to have operated for hours without challenge from the security operatives, were said to have torched the palace of the Emir.

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The attackers, which reportedly occurred late Sunday night were said to have announced their presence through heavy firing and after storming the palace of the monarch during the period, set it on fire before whisking away their victims, but a similar attempt at the police station in the community, was repelled.

While some of the residents, narrated how the spent hours without resistance, leaving behind destruction and fear in the border community, another account said the villagers were caught unawares as the gunmen invaded the town under the cover of darkness.

However operatives made up of the police and military personnel, were said to have launched a manhunt immediately for the immediate rescue of the victims, including throwing a cordon in the area as part of the mission.

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Police shun N500million bribe in N7.8 billion Lagos drug haul

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“The suspect offered ₦500 million to the SPU commander in an attempt to make the team stand down and allow him to contact his associates to move the consignment elsewhere. The offer was rejected immediately and properly documented for further investigation.”

These were the exact words of Olohundare Jimoh Assistant Inspector General of Police (AIG), with which he detailed how operatives of the Zone 2 Command of the Nigeria Police Force (NPF) scoffed at a N500million bribe to turn their eyes off the importation of a huge consignment of drugs imported into the country.

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This was part of the details of a major breakthrough by the operatives after bursting a major drug trafficking syndicate in Lagos, which led to the seizure of suspected illicit drugs estimated at ₦7.8 billion and arresting several suspects, including the alleged kingpin.

In the operation, reportedly carried out by officers of the Special Protection Unit (SPU) in collaboration with divisional police detectives, the operatives, were said to have stormed a house in Mende, Maryland area of Lagos,  following months of surveillance and intelligence gathering coordinated by the Zone 2 Headquarters.

The recovered drugs consisted of hundreds of bags of suspected Canadian Loud, allegedly stored in the residence of the prime suspect, Jimoh, said disclosing that the suspect was apprehended on May 19 after weeks of strategic monitoring by operatives.

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Offering further details, he said the operation was executed with technical support and guidance from the Inspector-General of Police, IGP Olatunji Disu, alongside coordinated efforts between the SPU and divisional police teams.

Jimoh revealed that during the operation, the suspect allegedly attempted to bribe the SPU commander with ₦500 million to compromise the mission and allow the movement of the drug consignment.

The AIG described the development as a reflection of the renewed professionalism and operational discipline being entrenched in the Force under the current policing strategy.

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He noted that the success of the operation underscored the importance of deploying specialized police units alongside conventional divisional teams in tackling organized crime.

According to him, the operation demonstrated the effectiveness of rapid containment strategies, intelligence-led policing, and professional conduct among the operatives involved in the raid.

“Rapid containment was achieved as the Special Protection Unit worked with divisional teams to secure the perimeter and prevent escape or interference with evidence.

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“The operation was intelligence-driven, following months of surveillance and technical monitoring before the raid was carried out.

“The immediate rejection and documentation of the bribe attempt also reflect the standard expected from redeployed personnel at the divisional level,” Jimoh added.

Reacting to the development, the Inspector-General of Police, IGP Olatunji Disu, commended the operatives for their professionalism, saying the success of the operation validated the ongoing redeployment of personnel to divisions and units across Lagos and Ogun states.

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The IGP noted: “Policing must be close to the people, and our specialized units must work side by side with divisional teams on the ground.

“The professionalism shown by the SPU commander in rejecting a ₦500 million bribe and following due procedure is the standard we expect. It shows that when you put your best foot forward at the grassroots, you get results and restore public trust.”

Disu further assured that the Force leadership would continue to reward integrity while holding officers accountable to the highest ethical standards.

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Police authorities said exhibits recovered during the operation have been properly documented and will be tendered in court. The suspects are currently in custody while investigations continue to track down other members of the drug trafficking network.

 

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We’re sorry – pope *It’s a wound on the memory of the Church

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Slavery is a wound on the memory of the Universal Church, Pope Leo XIV, said on Monday, as he issued a fresh apology over the participation of the the Catholic Church in the centuries-long delay in condemning slavery.

The pontiff stressed the position of the church after his predecessors had offered similar apologies, said: “For this, in the name of the Church, I sincerely ask for pardon.”

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Writing in a major text that warned about “new forms of slavery” behind the digital economy, the joined John Paul II, who denounced slave trade in 1992 before issuing a sweeping request for forgiveness for historical injustices in 2000 and Pope Francis who also repeatedly denounced contemporary forms of slavery.

In his own vein, Pope Leo, pointed out that the Church owned slaves until the Middle Ages and it also advised European sovereigns on how to justify the enslavement of “infidels.”

He stressed in “Magnifica Humanitas” (Magnificent Humanity), a document focused primarily on the rise of artificial intelligence, that it was only in the 19th century that “a formal, absolute and universal condemnation of slavery was clearly articulated.”

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Hear him: “It is true that past events cannot be judged anachronistically, as though the moral criteria that matured over time had always been available. Yet neither can we deny or diminish the delay with which both society and the Church came to denounce the scourge of slavery. This constitutes a wound in Christian memory, one from which we cannot consider ourselves detached.”

 

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