NEWS
Dangote Group To Withdraw ₦100bn Lawsuit Against NMDPRA Amid Ongoing Talks
The Dangote Group has announced plans to withdraw its ₦100bn lawsuit against the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), following ongoing conciliatory talks.
The legal dispute, which arose from the NMDPRA’s issuance of import licenses to several companies, including the Nigerian National Petroleum Company Limited (NNPCL), has now been deemed “an old issue” by the group.
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The lawsuit, initially filed at the Federal High Court in Abuja on September 6, 2024, challenged the issuance of licenses to companies such as Matrix Petroleum Services Limited, AA Rano Limited, and four others, despite the availability of locally produced petroleum products.
Dangote Refinery had argued that these licenses violated sections 317(8) and (9) of the Petroleum Industry Act (PIA), which allow imports only when there is a proven shortfall in local production.
In a statement released late Monday, the Dangote Group confirmed that it no longer intends to pursue the case.
Group spokesperson Anthony Chiejina said the parties involved have opened discussions to resolve the matter out of court.
“We have agreed to put a halt to the proceedings. No orders have been made, and there are no adverse effects on any party involved,” Chiejina said, adding that the case would likely be formally withdrawn in January 2025.
The legal battle was seen as a significant move by Dangote to protect its multi-billion-dollar refinery, which began operations in December 2023.
Dangote Refinery, with an initial capacity of 350,000 barrels per day, aims to ramp up production to 650,000 barrels per day by the end of 2024.
The company had argued that the import licenses issued by the NMDPRA were detrimental to its business, leading to a decline in demand for its locally produced products.
Background and Impact on the Petroleum Sector
The Dangote Refinery, Africa’s largest, was developed to reduce Nigeria’s dependence on imported refined petroleum products.
The country, despite being one of the world’s top oil producers, has long struggled with fuel scarcity, as all of its state-owned refineries remain non-operational.
As a result, Nigeria heavily relies on imports, with NNPCL being the primary importer.
The legal confrontation emerged at a time when fuel prices in Nigeria have skyrocketed.
Following the removal of fuel subsidies in May 2023, petrol prices have surged from ₦200 per litre to over ₦1,000 per litre, exacerbating inflation and placing additional strain on Nigerians, who rely on fuel for transportation and power generation due to erratic electricity supply.
The Dangote Group’s lawsuit contended that the NMDPRA’s decision to issue import licenses was unwarranted, as the refinery was capable of meeting local demand.
The group sought an injunction to prevent further issuance of these licenses, arguing that local production should be prioritized.
Court Proceedings and Next Steps
The case, which was adjourned by Justice Inyang Ekwo to January 20, 2025, is now expected to be formally withdrawn.
According to the Dangote Group, the matter is now being addressed through out-of-court talks, signaling a shift towards reconciliation between the refinery and the regulatory body.
With Dangote Refinery continuing to expand its production and supply of key petroleum products, including diesel, aviation fuel, and petrol, industry experts are watching closely to see how this resolution will impact Nigeria’s energy landscape.
The Dangote Group’s refinery remains a crucial player in Nigeria’s effort to reduce its reliance on imported fuel, as the country grapples with energy supply challenges that have persisted for decades.
NEWS
‘They’ll Be Free Soon’ – DIG Gives Fresh Update on Abducted Oyo Pupils, Teachers
The South-West Coordinating Deputy Inspector-General of Police (DIG), Adegoke Fayoade, has reassured Nigerians that the abducted pupils and teachers in Oyo State will soon regain their freedom as security agencies intensify rescue operations.
Speaking during an official working visit to the Lagos State Police Command Headquarters in Ikeja on Monday, Fayoade expressed confidence that ongoing efforts by law enforcement agencies and government authorities would yield positive results in the shortest possible time.
According to him, all available resources are being deployed to secure the safe release of the victims, while security operatives remain focused on rescue efforts rather than engaging in discussions about ransom demands.
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“All agencies, including government authorities, are working tirelessly. I can assure Nigerians that within the shortest possible time, the children and their teachers will be free,” the DIG stated.
Fayoade dismissed reports suggesting that the abductors had altered their demands, insisting that the police were unaware of any negotiations involving ransom payments or the release of suspected accomplices.
“We do not discuss ransom. Our priority is ensuring the safe rescue of those in captivity,” he said.
The senior police officer explained that his visit to Lagos was part of a broader strategy to strengthen supervision across police commands in the South-West and engage officers on effective approaches to tackling emerging security threats.
He disclosed that discussions with officers centered on manpower development, welfare improvement, and operational efficiency.
Fayoade noted that the ongoing recruitment of 40,000 police personnel would help address manpower shortages across the country, while improved welfare packages would boost officers’ morale and effectiveness.
The DIG also highlighted the Nigeria Police Force’s commitment to adopting modern technology in crime fighting.
He revealed that efforts were underway to complete a central data centre that would enable security agencies to share intelligence and improve crime detection nationwide.
He added that the force was preparing to introduce artificial intelligence into criminal investigations and intelligence gathering to enhance policing and improve response times.
“Technology remains a major priority. Very soon, our officers will begin specialized training on the use of artificial intelligence in investigations and intelligence operations,” he said.
Fayoade further urged members of the public to cooperate with law enforcement agencies, stressing that effective policing requires mutual trust and respect between officers and citizens.
The assurance comes amid growing concern from parents and residents over the fate of the abducted pupils and teachers, with many hoping for a swift and safe resolution to the incident.
NEWS
UK PM Keir Starmer Resigns
British Prime Minister Keir Starmer announced his resignation on Monday after less than two years in office, in a term characterised by policy U-turns and deep public unpopularity.
“Every decision I have taken has been about putting the country I love first. That is why I will resign as leader of the Labour Party,” Starmer said as he choked up in an emotional speech outside 10 Downing Street.
Starmer said the process of picking a new leader for the centre-left party would be launched in July, and he would remain as prime minister until his successor is chosen, to be in place before parliament returns from the summer recess in September.
Starmer’s main rival, veteran politician Andy Burnham, is due to be sworn in as a member of parliament on Monday after winning a crucial special election on Thursday, allowing him to return to parliament and clearing his path to run for party leader.
“I will remain in post as prime minister until the contest is complete, and I will do everything I can to ensure an orderly handover of power,” Starmer added.
Until the weekend, Starmer had insisted he was going to fight on and remain as prime minister as he fought off challenges and calls to step down.
He has clung to that position for months after multiple scandals and high-profile resignations that piled the pressure on him and his Labour Party.
But Britain is now set to get its seventh prime minister in a decade.
Starmer’s widely anticipated announcement comes a day before the 10-year anniversary of the Brexit referendum, which triggered the UK’s exit from the European Union and an unprecedented churn of prime ministers.
Starmer has been credited with reshaping Labour into an election-winning party, which clinched a decisive victory in 2024, ending 14 years of Conservative rule.
But his term was derailed by missteps ranging from benefit cuts to criticism over defence spending plans.
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He was nearly ousted in March over his ill-fated decision to appoint Peter Mandelson, a known associate of the late US sex offender Jeffrey Epstein, as the UK’s ambassador to Washington.
He has also struggled to fight off the rapid rise of the far-right, anti-immigration Reform UK party — which defeated Labour in local elections in May, further weakening Starmer’s position.
“I will also give my successor my full and unequivocal support, knowing that they will inherit a Britain that is far stronger and fairer than the one I inherited two years ago,” Starmer said in his resignation speech.
Courtesy – AFP
NEWS
Gunmen Kill Ex-Ogun State Broadcaster, Security Guard in Early Morning Attack
Gunmen have killed a former staff member of Ogun State Television, Mrs. Kitan Oyesiku, popularly known as “Aunty Kitan,” alongside her security guard in a violent early morning attack in Agodo community along the Abeokuta–Siun–Sagamu Expressway in Ogun State.
The incident, which occurred in the early hours of Sunday, threw residents of the area into panic and mourning as news of the killings spread across the community.
The victims were reportedly attacked inside their residence by unknown armed men who stormed the compound and carried out the operation before fleeing the scene.
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The security guard on duty was also killed during the invasion.
The attack took place within the Abeokuta axis of Abeokuta, raising fresh concerns over insecurity in parts of the state.
The bodies of the deceased have since been deposited at the morgue of the State Hospital, Ijaiye, Abeokuta.
As of press time, the motive behind the attack remains unclear, while security agencies are expected to launch a full-scale investigation into the incident.
An anonymous source who spoke on the development said the incident was discovered after concerned church members went to check on the deceased when she failed to appear at church service.
The source said: “They had come around to check on Mrs Oyesiku when they did not see her in the church. On getting to her residence, they found out that the security officer had been killed, and they later also saw that the assailants had also killed Mrs Oyesiku. That was how they raised the alarm in the community.”
When contacted, the spokesperson of the Ogun State Police Command confirmed the incident and said an official statement would be issued after preliminary investigations.
Mrs. Oyesiku, a former broadcaster with the state-owned television station, was well known in media circles before her retirement.
Her death has sparked grief among colleagues, friends, and residents across Ogun State, as calls mount for improved security in the area.





