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Fuel Pricing: PETROAN Accuses Dangote Refinery Of Monopoly

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The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has raised concerns over alleged monopolistic practices by Dangote Refinery, following a public dispute about fuel pricing in the downstream petroleum sector.

Recall that the refinery, Africa’s largest, recently disclosed its petrol pricing at N990 per litre in trucks and N960 per litre into ships, a move it justifies as being in line with international rates.

READ MORE: Nigeria’s Debt Service Ratio Falls To 65% As Tinubu Tackles Economic Woes

PETROAN, however, sees this as an attempt to suppress competitors and dominate the Nigerian market.

The rift began when Dangote Refinery claimed that complaints from marketers regarding its pricing were fueled by intentions to import cheaper, potentially substandard products.

In response, PETROAN strongly rejected these allegations, suggesting that Dangote’s claims are tactics designed to maintain a monopoly in the sector.

Joseph Obele, PETROAN’s spokesperson, stated that the association remains committed to importing high-quality products at more competitive rates to ensure affordability for Nigerian consumers.

According to PETROAN, competition in the market is essential for achieving fair pricing, and any attempt to stifle it would be detrimental to consumers.

They argue that Dangote Refinery’s pricing should reflect production costs and fair margins rather than international benchmarks, especially given concessions granted by the government for the refinery’s establishment.

PETROAN also announced its plans to partner with foreign refineries and financial backers to import premium-quality petroleum products at prices below current rates.

The association aims to enter the market by December 2024, pending necessary regulatory approvals.

“The allegations that PETROAN will import substandard products are unfounded and aimed at creating an unfair playing field,” the statement read.

PETROAN warned that similar claims in the past had led to significant price hikes when competitors were pushed out, emphasizing that the entry of new players into the market would lead to more competitive pricing and ultimately benefit Nigerian consumers.

PETROAN expressed appreciation for President Bola Tinubu’s commitment to revitalizing Nigeria’s state-owned refineries and urged the government to consider privatizing the Port Harcourt and Warri refineries once rehabilitation is complete.

The association believes a transparent privatization process will help strengthen Nigeria’s downstream sector and counter monopolistic tendencies.

To address the ongoing pricing challenges in the sector, PETROAN called on the government to convene a comprehensive meeting of industry stakeholders, including major associations like IPMAN, DAPPMAN, MEMAN, NUPENG, and PENGASSAN.

PETROAN believes that collaboration among these groups will be instrumental in establishing a sustainable and competitive pricing framework for petroleum products in Nigeria.

 

 

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Nigerian Woman Missing in Qatar 72 Hours After Leaving Airport

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NCAA Licenses Nigeria Air

A 37-year-old Nigerian woman has reportedly gone missing in Doha, Qatar, about 72 hours after arriving in the country from Lagos.

The woman travelled aboard Qatar Airways flight QR1408 on Tuesday and reportedly communicated with her brother, Jonathan Jibo, via WhatsApp shortly before the aircraft landed.

However, her family lost contact with her after she arrived in Doha.

SEE ALSO: NCAA Summons Kenya Airways Over Viral Video Of Passenger Dispute

The Director of Public Affairs and Consumer Protection at the Nigeria Civil Aviation Authority, Michael Achimugu, said on Saturday that the airline had confirmed through CCTV footage that the woman arrived safely, collected her luggage and exited the airport terminal.

Achimugu said, “I have confirmed, via the airline, that CCTV shows your sister arrived safely, picked her bags, and exited the terminal.”

He added that further checks were being conducted to determine whether the woman subsequently reached the hotel she had booked before travelling.

According to Achimugu, the checks had been slowed by public holidays but were expected to establish whether she arrived at the hotel and whether she was transported there using the hotel’s pick-up vehicle.

He explained that every Qatar visa booking must be tied to a specific hotel reservation, adding that Discover Qatar would verify the hotel details and confirm whether the woman checked in.

“In some cases, passengers arrive at the hotel booked, and then leave quietly. DISCOVER QATAR will check to confirm the name of her hotel, and whether your sister did, indeed, get to the hotel,” he said.

The NCAA official also disclosed that he had informed the airline about concerns over possible human trafficking and forced labour.

He said confirmation from the hotel would help determine the next course of action.

“If she did not arrive at the hotel, a manhunt would ensue. It is easy to track people once they have arrived in Doha,” Achimugu said.

He, however, clarified that the matter was not within his official purview and that he was assisting the family.

The woman’s brother, Jibo, had earlier raised the alarm on Friday, saying it had been more than 48 hours since he last had contact with his sister.

He said she was visiting Doha for the first time and had no friends there, adding that her accommodation had been arranged and paid for months before her trip.

Jibo said the person assigned to pick her up from the airport had waited for her but could not locate her, despite being informed by the airline that she had collected her luggage.

He further disclosed that his sister had worked at Lagos airport for almost 12 years and was expected to resume work in Doha a few weeks after her arrival.

“Till now I can’t reach her phone, online, I don’t even know what went wrong,” he wrote.

He also appealed to the Nigerian Embassy in Doha and other relevant authorities to assist in tracing her.

In a further update on Saturday, Jibo said his sister’s details had been forwarded to the Nigerian President in Doha and subsequently to the Nigerian Embassy in Qatar.

He said the family was hoping to receive an update from the embassy on Monday, noting that the embassy does not operate during weekends.

The family is now awaiting the outcome of checks to establish whether the woman reached her booked hotel and what happened after she left the airport terminal.

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Panic as Fire Razes 12 Shops in Kwara Shopping Complex

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Panic broke out in the Mandate Market area of Ilorin, Kwara State, after a fire engulfed parts of a shopping complex in the early hours of Saturday.

No fewer than 12 shops were affected in the inferno, which occurred opposite Alkad Filling Station at about 1:14am.

The shopping complex, which contains about 40 shops, was already engulfed in flames when firefighters arrived at the scene.

SEE MORE: Firefighters Avert Disaster as Fire Guts Laundry Shop in Kwara

The spokesperson for the Kwara State Fire Service, Hassan Adekunle, disclosed this in a statement on Saturday.

Adekunle said the fire service immediately deployed two fire appliances after receiving the distress call, while personnel of the Federal Fire Service later joined the operation.

According to him, the combined effort of the firefighters prevented the fire from spreading to other shops and nearby properties.

“Despite the prompt intervention of the firefighters, 12 shops were affected, largely due to the late notification of the incident,” Adekunle stated.

He said preliminary findings suggested that a power surge might have triggered the fire.

Adekunle explained that some people sleeping near the shopping complex reportedly heard a loud combustion sound shortly after electricity was restored.

“The exact cause of the incident remains subject to further investigation,” he added.

The Chief Fire Officer, Alabi Muhammed, commended the firefighters and the Federal Fire Service for their response and collaboration.

Muhammed urged business owners to ensure that electrical installations were carried out by qualified professionals and that electrical appliances and power sources were properly monitored.

He also stressed the need for residents and business owners to report fire outbreaks promptly.

“Early notification gives firefighters a better opportunity to contain incidents before they escalate and cause extensive damage,” Muhammed said.

The incident occurred just two days after another fire outbreak affected a residential building behind the Industrial Training Fund in the Asa-Dam area of Ilorin.

The Thursday fire affected three bedrooms in a building comprising three-bedroom flats and a room-and-parlour self-contained apartment.

The Fire Service said the blaze had spread significantly before firefighters arrived but was eventually contained, preventing it from reaching an adjoining block of apartments.

A power surge was also suspected in that incident, although the exact cause had not been conclusively established.

The Kwara State Fire Service consequently urged residents and business owners to regularly inspect and maintain their electrical installations and immediately alert emergency responders whenever a fire outbreak occurs.

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‘Sambisa Forest Is as Big as Belgium’ — Defence Minister Reveals Why Kidnap Victims Are Hard to Rescue

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The Minister of Defence, General Christopher Musa (retd.), has revealed that the vast size of the Sambisa Forest is one of the major factors making it difficult for security forces to quickly rescue Nigerians kidnapped by terrorists.

Musa disclosed this during an interview on Channels Television’s Politics Today, where he discussed the Federal Government’s efforts to tackle terrorism and kidnapping in the country.

According to the minister, security agencies have continued to rescue abducted Nigerians, but terrorists often escape into large forest areas before troops can locate them.

SEE ALSO: How Troops Forced Kidnappers to Abandon Abducted Army Lieutenant Colonel in Enugu

“Few ones now, efforts have been made. If you notice, on a daily basis now, we are really getting, rescuing a lot of them,” Musa said.

He explained that the enormous size and difficult terrain of the Sambisa Forest give terrorists an advantage after carrying out attacks.

“So this government is overwhelmed. Sambisa Forest is as big as Belgium, as a country. So when people talk about this, they make it look as if it is one small football field and we are refusing to do anything,” he said.

Musa said kidnappers can disappear into the bush before security agencies receive information about an abduction, making it difficult for troops to determine their exact location.

“These places are massive areas. The forest within Kwara comes in from Burkina Faso to Benin Republic into Nigeria and flows through all these things,” he said.

“So what they do is that once these abductions are done, before the information gets to anybody, these guys are already into the forest.”

The Defence Minister explained that troops sometimes have to cut off terrorists from their usual routes and sources of supplies before they can rescue their victims.

He cited a recent operation in Kwara State, where security forces rescued victims after restricting the movement of their abductors.

“And then the last one that was done in Kwara State, we had to quarantine where they were going, deny them oxygen, and that’s where we were able to get them,” Musa said.

He added that terrorists sometimes abandon their captives when security forces increase pressure on them, providing troops with an opportunity to rescue the victims.

Musa also disclosed that authorities were monitoring financial transactions linked to criminal activities, noting that ransom payments could provide useful information for tracking kidnappers.

He said the Central Bank of Nigeria was also involved in efforts to monitor suspicious funds connected to criminal activities.

The minister further advised state governors to exercise caution when distributing motorcycles as palliatives, warning that some of the vehicles could eventually fall into the hands of terrorists and improve their mobility.

Musa maintained that despite the challenges posed by Nigeria’s vast forests and difficult terrain, security forces were making progress in the fight against terrorism and kidnapping.

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