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.
ALSO READ: Sustainability: Dangote Eyes Planting 10,000 Mangrove Trees In Nigeria
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.”
NEWS
Okin Biscuits Is Back After 17 Years — Here’s What Happened
Okin Biscuits has resumed production after 17 years, marking a major step in the revival of the once-popular Nigerian biscuit brand.
The company announced the development on Wednesday after one of its rehabilitated production lines at its factory in Offa, Kwara State, successfully produced biscuits during a technical trial run.
The production line had been shut down after vandals reportedly stole cables, frequency drives, contactors, motors and other electronic components.
SEE MORE: NLNG: How Cooking Gas Offtakers Greed Fuel Scarcity, High Prices
Okin said Tuesday’s production was strictly a technical trial to determine whether the 17-year-old line could be brought back to life, rather than a test of the finished product.
“For the first time in 17 years, biscuits rolled off one of our rehabilitated production lines at the factory in Offa. We had to rebuild the line after having all cables, frequency drives, contactors, motors and other electronic components stolen,” the company said.
The company added that more work was required before the biscuits could return to shops, including further testing, calibration and rehabilitation of the plant.
“There is still work ahead. More testing. More calibration. More rehabilitation. And, of course, getting that familiar Okin taste and quality exactly right before the biscuits return to the market,” it stated.
Okin also disclosed that the Ibadan Electricity Distribution Company connected the factory to a 33KVA Band A electricity grid on the same day, describing the development as another major milestone in its revival.
Founded in 1980 by the late Chief Emmanuel Olatunji Adesoye, Okin Biscuits became a household name among Nigerians who grew up in that era.
However, the company eventually shut down amid operational challenges, including poor infrastructure, unstable power supply and growing competition from cheaper imported biscuits.
Celebrating the latest development, the company said, “But today, we celebrate progress. The machines are turning. The ovens are firing. The biscuits are beginning to roll out again. One step at a time. Okin is coming back.”
NEWS
Gov Sule Orders Arrest Over Missing Mattresses, Fans at Nasarawa Hospital
Nasarawa State Governor, Abdullahi Sule, has ordered the arrest and prosecution of health workers allegedly involved in the sale of hospital equipment donated to a healthcare facility in Umaisha Development Area of the state.
The governor described the alleged sale of the equipment as a serious act of misconduct and corruption, stressing that such actions showed a lack of concern for patients and the healthcare needs of residents.
SEE ALSO: I Shed Tears Watching Almajiris Become Entrepreneurs – Gov Sule
Sule gave the directive on Wednesday during the inauguration of eight commissioners, special advisers, permanent secretaries and board members at the Aliyu Akwe Doma Banquet Hall, Government House, Lafia.
He directed the Commissioner for Health, Dr Gaza Gwamna, to investigate the matter and ensure that anyone found responsible was brought to justice.
The equipment was donated by Ibrahim Abdullahi Sa’ad, member representing Umaisha/Ugya Constituency in the Nasarawa State House of Assembly, who reportedly purchased the items with his personal funds to improve conditions at the primary healthcare facility.
According to Sule, the lawmaker had provided 50 orthopaedic mattresses, more than 50 ceiling fans and about 40 standing fans after becoming concerned about the condition of patients at the facility.
“A very honourable member from Umaisha/Ugya recently bought a lot of mattresses and all kinds of fans, standing fans, ceiling fans and the rest of that because he was concerned about what his local primary healthcare was undergoing,” Sule said.
The governor said Sa’ad later returned to the facility and discovered that the donated items could not be accounted for.
“Few days back, he returned there and discovered that the officials of the hospital had actually sold those items. This is a terrible thing that will happen if you have people who do not mean well for Nasarawa State,” he said.
Sule said he was expecting a report from the Commissioner for Health by the end of the week.
“I am waiting for the honourable commissioner, and I expect that report by the end of this week,” the governor added.
The directive followed a confrontation on Monday between Sa’ad and staff of General Hospital, Umaisha, over the whereabouts of the equipment he said he donated to the facility.
In a video of the confrontation circulated on social media, the visibly angry lawmaker questioned hospital officials over the missing items.
“Doctor, you remember the last time I spoke with you about those orthopaedic mattresses? You remember what you told me? For Allah’s sake, don’t allow me to get upset,” Sa’ad was heard saying.
He also demanded answers over the missing fans.
“Where are the ceiling fans? Where are the ceiling fans? I bought more than 50 ceiling fans. The standing fans, I bought about 40. Where are they?” he asked.
The lawmaker also expressed concern over the condition of patients at the hospital and demanded to see the mattresses following reports that they were being moved between wards.
The state Ministry of Health is expected to investigate the matter, determine what happened to the donated equipment and establish responsibility for any alleged wrongdoing.
NEWS
‘Painful Loss to Nigeria’ — Tinubu Mourns Eagle Online Publisher Dotun Oladipo
President Bola Ahmed Tinubu has mourned the death of journalist and publisher of The Eagle Online, Dotun Oladipo, describing his passing as a painful loss to Nigeria and the country’s media industry.
Oladipo, a former Political Editor of PUNCH Newspapers, died on Tuesday at the age of 56.
Tinubu’s condolence was contained in a statement issued on Wednesday by his Special Adviser on Information and Strategy, Bayo Onanuga.
SEE MORE: ‘Edo People Are Happy With Tinubu’ — Okpebholo
The President commended Oladipo’s contributions to political journalism and digital media, noting his years of reporting and efforts to provide Nigerians with credible information through traditional and online platforms.
According to Tinubu, the late journalist’s career demonstrated the important role of the media in strengthening democracy by keeping citizens informed, holding public officials accountable and creating platforms for public discourse.
“Dotun Oladipo’s death at the age of 56 is a painful loss to the Nigerian media community and to our nation. He was a committed journalist who devoted significant years of his life to informing the public and contributing to the development of our democracy,” Tinubu said.
The President also highlighted Oladipo’s role in the growth of digital journalism through The Eagle Online, which he founded after leaving PUNCH Newspapers.
Tinubu extended his condolences to Oladipo’s family, colleagues and friends, particularly members of the Guild of Corporate Online Publishers, where the deceased served as president from 2017 to 2021.
“His contributions to political journalism and the digital media space will not be forgotten. I extend my heartfelt condolences to his family, colleagues in GOCOP and friends. I pray that Almighty God will grant him eternal rest and give his loved ones the strength to bear this irreparable loss,” the President said.
Oladipo’s death has also drawn tributes from members of Nigeria’s media community, who have continued to remember his contributions to journalism and online publishing.





