NEWS
Int’l Trading Coy Hires Blending Facility Next To Dangote Refinery, Hoping To Flood Nig With Substandard Products
Another intriguing twist has emerged in the flux of narratives around the prices of refined petroleum products in the Nigerian market.
The Dangote Refinery in a statement on Sunday cautioned that “an international trading company has recently hired a depot facility next to the Dangote Refinery, with the objective of using it to blend substandard products that will be dumped into the market.”
The Group Chief Branding and Communications Officer, Dangote, Anthony Chiejina, signed the statement, which was vented at its verified handle on micro-blogging site, X.
Biztellers reports that Dangote was reacting to recent stance by members of the refined petroleum marketing community, that imported products were more affordable that what the Nigerian based refinery was offering.
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The Nigerian based refinery has now countered that the only such possibility would be, if the products were of less quality, which would consist a risk to the public health, though it lamented that this might be hard to ascertain because the industry regulator, the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) lacked the facility to assess and enforce quality control.
Chiejine stated, “Unfortunately, the regulator (NMDPRA) does not even have laboratory facilities which can be used to detect substandard products when imported into the country.”
He made it clear that the company had benchmarks “our prices against international prices”, and the Nigerian National Petroleum Company Limited (NNPC Ltd) had set the pricing tone at N971/litre and N990/litre to marketers and into trucks, respectively, which guided the Dangote Refinery into selling to trucks for the domestic market at a discounted N960/litre.
“Post deregulation, NNPC set the pace by selling PMS to domestic marketers at N971 per litre for sale into ships and at N990 for sale into trucks. This set the benchmark for our pricing, and we have even gone lower to sell at N960 per litre for sale into ships while maintaining N990 per litre for sale into trucks,” he added.
The statement reads, “We had lately refrained from engaging in media fights, but we are constrained to respond to the recent misinformation being circulated by IPMAN, PETROAN, and other associations.
“Both organisations claim that they can import PMS at lower prices than what is being sold by the Dangote Refinery. We benchmark our prices against international prices, and we believe our prices are competitive relative to the price of imports. If anyone claims they can land PMS at a price cheaper than what we are selling, then they are importing substandard products and conniving with international traders to dump low quality products into the country, without concern for the health of Nigerians or the longevity of their vehicles. Unfortunately, the regulator (NMDPRA) does not even have laboratory facilities which can be used to detect substandard products when imported into the country.
“Post deregulation, NNPC set the pace by selling PMS to domestic marketers at N971 per litre for sale into ships and at N990 for sale into trucks. This set the benchmark for our pricing, and we have even gone lower to sell at N960 per litre for sale into ships while maintaining N990 per litre for sale into trucks.
“In good faith, and in the interest of the country, we commenced sales at these prices without clarity on the exchange rate that we will use to pay for the crude purchased.
“At the same time, an international trading company has recently hired a depot facility next to the Dangote Refinery, with the objective of using it to blend substandard products that will be dumped into the market to compete with Dangote Refinery’s higher quality production.
“This is detrimental to the growth of domestic refining in Nigeria. We should point out that it is not unusual for countries to protect their domestic industries in order to provide jobs and grow the economy. For example, the US and Europe have had to impose high tariffs on EVs and microchips in order to protect their domestic industries.
“While we continue with our determination to provide affordable, good quality, domestically refined petroleum product in Nigeria, we call on the public to disregard the deliberate disinformation being circulated by agents of people who prefer for us to continue to export jobs and import poverty.”
International News
Lawmaker Introduces Bill To Allow Trump A Third Presidential Run
In a controversial move, Republican Representative Andy Ogles has introduced a resolution aimed at amending the U.S. Constitution to permit former and current President Donald Trump to run for a third term in office.
The proposal, announced on Thursday, seeks to revise the 22nd Amendment, which limits presidents to two terms.
Ogles argued that Trump is uniquely equipped to address the nation’s challenges and lead a turnaround for the United States.
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“No person shall be elected to the office of the President more than three times,” Ogles said in his statement. “He has proven himself to be the only figure in modern history capable of reversing our nation’s decay and restoring America to greatness. He must be given the time necessary to accomplish that goal.”
The congressman also underscored the importance of giving Trump the tools needed to address what he described as damage caused by the Biden administration.
“We must provide Trump with every resource necessary to correct the disastrous course set by the Biden administration,” he added.
“He is dedicated to restoring the republic and saving our country, and we, as legislators and as states, must do everything in our power to support him.”
The resolution calls for a constitutional amendment to modify the 22nd Amendment, which was ratified in 1951 following Franklin D. Roosevelt’s unprecedented four-term presidency from 1933 to 1945.
Roosevelt’s extended time in office spurred fears of presidential overreach, leading to the adoption of term limits.
Trump, who won the 2024 presidential election and returned to office, has previously downplayed the idea of seeking a third term.
However, during a conversation with Republican lawmakers, he humorously alluded to the possibility.
“I suspect I won’t be running again unless you do something,” Trump said. “Unless you say, ‘he’s so good, we have to just figure it out.’”
Ogles lauded Trump’s actions during his second term, citing executive orders aimed at securing the southern border, restricting gender identities to male and female, boosting energy production, and withdrawing the U.S. from the World Health Organization.
These measures, according to Ogles, demonstrate Trump’s ability to restore America’s standing and address critical issues.
The 22nd Amendment, proposed in 1947 and ratified four years later, was designed to uphold the principle of limited presidential terms first established by George Washington, the nation’s first president.
Washington voluntarily stepped down after two terms, warning against any president serving so long as to resemble a monarch or dictator.
Republicans currently hold a slim three-seat majority in the House of Representatives, but amending the Constitution is a daunting task.
The proposed amendment would require approval from two-thirds of both the House and Senate, as well as ratification by three-fourths of the states—a high bar in today’s deeply divided political climate.
While Ogles’ proposal is unlikely to succeed, it reflects the enduring loyalty Trump commands among his supporters and within the Republican Party.
The resolution has already drawn criticism from opponents who argue it undermines democratic principles, while supporters insist it is necessary to allow Trump to complete what they view as his mission to “restore America’s greatness.”
NEWS
Tinubu Appoints Ganduje, Ajibola, Others As Heads Of Federal Agencies
President Bola Ahmed Tinubu has approved the appointment of board chairpersons for 42 federal organizations, alongside other key leadership positions, as part of his administration’s efforts to strengthen governance structures across the country.
Among the notable appointees is Abdullahi Ganduje, National Chairman of the All Progressives Congress (APC), who has been named Chairman of the Federal Airports Authority of Nigeria (FAAN).
Similarly, APC National Secretary, Senator Bashiru Ajibola, has been appointed Chairman of the National Sugar Development Council (NSDC).
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The appointments, announced on Friday by the Special Adviser to the President on Information and Strategy, Bayo Onanuga, include key figures from diverse sectors of the country.
In the statement, Onanuga revealed that President Tinubu had also appointed a new Managing Director for the Nigerian Railway Corporation and a Director-General for the National Board for Technology Incubation (NBTI).
“President Bola Ahmed Tinubu has appointed board chairpersons for 42 federal organizations and a secretary to the board of the Civil Defence, Immigration, and Prisons Services,” the statement read.
“The President has also appointed a new managing director for the Nigerian Railway Corporation and a director-general for the National Board for Technology Incubation (NBTI).”
Here is the full list of the appointments announced by President Bola Ahmed Tinubu:
1. Federal Airports Authority of Nigeria (FAAN) – Abdullahi Ganduje (Chairman)
2. National Sugar Development Council (NSDC) – Senator Bashiru Ajibola (Chairman)
3. Nigeria Bulk Electricity Trading Company – Sulaiman Argungu (Chairman)
4. National Agency for Great Green Wall – Senator Magnus Abe (Chairman)
5. National Youth Service Corps (NYSC) – Hillard Eta (Chairman)
6. Nigerian Institute of International Affairs – Prof. Bolaji Akinyemi (Chairman)
7. National Board for Technology Incubation (NBTI) – Kazeem Kolawole Raji (Director-General)
8. Nigerian Railway Corporation – Dr. Kayode Isiak Opeifa (Managing Director)
9. Federal Mortgage Bank of Nigeria – Nasiru Gawuna (Chairman)
10. National Teachers Institute – Festus Fuanter (Chairman)
11. Teachers Registration Council of Nigeria – Mustapha Salihu (Chairman)
12. Industrial Training Fund – Hamma Adama Ali Kumo (Chairman)
13. Nigerian Institute of Educational Planning and Administration – Victor Tombari Giadom (Chairman)
14. Nigerian Postal Service – D.J. Kekemeke (Chairman)
15. National Inland Waterways Authority – Musa Sarkin Adar (Chairman)
16. National Steel Council – Prof. Abdulkarim Kana Abubakar (Chairman)
17. National Environmental Standards and Regulations Enforcement Agency (NESREA) – Garba Datti Muhammad (Chairman)
18. National Bio-Safety Management Agency – Mu’azu Bawa Rijau (Chairman)
19. Nigerian Building and Road Research Institute – Durosimi Meseko (Chairman)
20. Nigerian Institute of Science Laboratory Technology – Donatus Enyinnah Nwankpa (Chairman)
21. Sheda Science and Technology Complex – Senator Abubakar Maikafi (Chairman)
22. Federal Teaching Hospital, Gombe – Zainab A. Ibrahim (Chairman)
23. Federal Teaching Hospital, Ido-Ekiti – Durotolu Oyebode Bankole (Chairman)
24. Federal Medical Centre, Abeokuta – Abdullahi Dayo Israel (Chairman)
25. Federal Medical Centre, Asaba – Dr. Mary Alile Idele (Chairman)
26. Federal Medical Centre, Lokoja – Nze Chidi Duru (Chairman)
27. Federal Medical Centre, Owerri – Emma Eneukwu (Chairman)
28. Federal Medical Centre, Umuahia – Uguru Mathew Ofoke (Chairman)
29. Federal Medical Centre, Yenagoa – Felix Chukwumenoye Morka (Chairman)
30. Federal Medical Centre, Yola – Bashir Usman Gumel (Chairman)
31. David Umahi Federal University Teaching Hospital, Ubuhu, Ebonyi State – Dr. Ijeoma Arodiogbu (Chairman)
32. Nigerian Maritime Administration and Safety Agency (NIMASA) – Yusuf Hamisu Abubakar (Chairman)
33. Federal Scholarship Board – Babatunde Fakoyede (Chairman)
34. National Oil Spill Detection and Response Agency – Edward Omo-Erewa (Chairman)
35. Raw Materials Research and Development Council (RMRDC) – Isa Sadiq Achida (Chairman)
36. Federal Medical Centre, Birnin Kudu – Mohammed Gusau Hassan (Chairman)
37. National Building and Road Research Institute – Yahuza Ado Inuwa (Chairman)
38. Sokoto-Rima River Basin Development Authority – Abubakar Shehu Wurno (Chairman)
39. Aminu Kano Teaching Hospital – Augustine Chukwu Umahi (Chairman)
40. Nnamdi Azikiwe University Teaching Hospital, Nnewi – Ali Bukar Dalori (Chairman)
41. Ahmadu Bello University Teaching Hospital, Shika, Zaria – Lawal M. Liman (Chairman)
42. Civil Defence, Immigration, and Prisons Services Board – Jubril Abdulmalik (Secretary)
43. Nigerian Social Insurance Trust Fund – Shola Olofin (Chairman)
All appointments take immediate effect and the President has directed all board chairpersons to refrain from interfering in the day-to-day management of the agencies, emphasizing that their roles are strictly non-executive.
“President Tinubu directs the board chairpersons not to interfere with the management of the organizations, emphasizing that their positions are non-executive,” Onanuga added.
International News
Bangkok Shuts Over 350 Schools As Air Pollution Reaches Dangerous Levels
Bangkok authorities closed more than 350 schools on Friday due to hazardous air pollution, marking the largest mass closure since 2020.
This comes as the Thai capital was ranked the world’s seventh-most polluted major city, according to air quality monitor IQAir.
The Bangkok Metropolitan Administration (BMA) announced that 352 schools across 31 districts were shut down to protect students from the worsening air quality.
By Friday morning, PM2.5 pollutant levels — fine particles small enough to enter the bloodstream — reached 108 micrograms per cubic meter, far exceeding the World Health Organization’s recommended limit of 15 micrograms for daily exposure.
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Air pollution in Southeast Asia typically spikes during the colder months, as stagnant air combines with smoke from crop burning and vehicle emissions.
Authorities reported that this week’s pollution levels were among the highest in years, prompting measures not seen since the pandemic.
On Thursday, more than 250 schools in Bangkok were already closed, and city officials urged residents to work from home while restricting heavy vehicles from entering the capital.
The Interior Ministry has also banned the agricultural practice of stubble burning, threatening legal action against offenders.
Prime Minister Paetongtarn Shinawatra, speaking from the World Economic Forum in Switzerland, called for urgent measures to combat the crisis, including limiting construction projects and cooperating with neighboring countries.
Both Vietnam’s Ho Chi Minh City and Cambodia’s Phnom Penh also ranked among the world’s top 10 most polluted cities on Friday, with their governments facing mounting pressure to address air quality concerns.
Despite international attention, Cambodian authorities downplayed the issue, stating that their air quality remained within acceptable levels.
“Other countries have their own standards. Cambodia has our own standard to determine the air quality,” said Environment Ministry spokesperson Khvay Atitya.