NEWS
Okuama Inks 9-Point Peace Accord With Okoloba
The leaders of the two neighbouring communities of Okuama in Ughelli South Local Government Area (LGA) and Okoloba of Bomadi LGA of Delta State have signed a nine-point peace accord to draw the curtain on their longstanding hostilities.
To add bite to the accord, they set up a 10-man Monitoring Committee at a meeting on Saturday at the Government House Annex, Warri.
It was gathered that the Chairman, Bomadi Local Government council, Rawlings Andaye, brokered the peace meeting in collaboration with his Ughelli South counterpart, Lucky Iroro Avweromie.
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Notable attendees of the meeting where Okuama and Okoloba communities resolved to embrace peace and to “live in peace and harmony” were the leadership of both communities, royal fathers and security agents from both Local Government Areas.
The Peace accord provided thus, “Immediate Ceasefire: Both communities agree to an immediate ceasefire and an end to all hostilities.
“Denouncement of Violence: Both communities denounce the recent military operations and the looting and destruction of property in the Okuama community.
“Reconciliation: Both communities agree to work towards reconciliation and forgiveness.
“Access to Farmlands and Farming Activities: Both communities agree to grant free access to farmlands and farming activities within our respective boundaries, recognizing the importance of agriculture to our livelihood.”
In addition, the peace accord provided that both communities appealed to the government to strengthen the joint patrols along the Forcados River bank to ensure safety and security.
“Free Passage along the Forcados River: Both communities agree to allow free passage of boats and passengers along the Forcados River bank bordering both communities.
“Release of Properties: Both communities appeal to the chairmen of both local governments to launch a thorough investigation into the alleged theft of belongings by neighbouring communities during and after the operations of the military at Okuama community. We further appeal to both chairmen for commitment towards identifying and recovering the stolen items, ensuring that justice is served and affected individuals are duly compensated.
“Dispute Resolution: Both communities agree to resolve disputes through dialogue and peaceful means.
“Community Engagement: Both communities agree to engage in community outreach programmes to promote peace and understanding.”
Declaring open the peace parley, Andaye, who chaired it, noted that it was convened at the instance of Delta State Governor, Sheriff Oborevwori who, according to him, mandated him to “iron out all aching issues between the two communities”.
“The main purpose of this meeting is that we have no other option than to live in peace. The Okoloba and Okuama crisis is not from God, it is of the devil and no price is too big to pay for peace to reign between these two communities”, the Bomadi Council chairman stated.
He spoke further, “You people have lived together peacefully in the days of old and you can do same today. Let that old relationship between Okuama and Okoloba be sustained.
“Our governor, Sheriff Oborevwori is aware of this meeting and he is expecting us to report back to him after the meeting. If we don’t agree to live in peace now, we are planting hatred and persistent conflicts for our future generations.
“The ultimate goal of this meeting is to ensure lasting peace between Okuama and Okoloba communities, and we want both communities to go back to your age-long relationship of peaceful co-existence”.
In the same vein, the Chairman, Ughelli South LG, Avweromie, stated that “sustainable peace could only be achieved if both communities forgave one another’s offences and mistakes”.
According to Avweromie, “No other person can settle this issue but the people of Okuama and Okoloba communities. We have to speak as brothers and sisters, lasting peace can only be achieved if you forgive one another.
“Let us maintain our old relationship where we farm and fish together because we want free access to the river, we want free trade in the river and it is a must Okuama and Okoloba lived peacefully”.
In his contribution, the Ovie of Ewu Kingdom, His Majesty, Clement Oghenekevwe Ikolo, emphasised the need for peaceful coexistence between the two communities, stressing that “an atmosphere of crisis often hatched out negative effects on an area and the people.
“Crisis destroys the very fabrics of our communities. Crisis breeds fear, sorrow, economic hardship and deaths. When we live in peace, we develop our domains and there is no need for us to be fighting one another.”
He urged the representatives of both communities to “go back home and talk to your people on the need for peaceful coexistence.
“We must refresh our minds and have the spirit of forgiveness so we can stand together as a people.”
On his part, the Pere of Akugbene-Mein Kingdom, Pere Kalanama VIII, commended the two Local Government Council Chairmen on the peace deal.
In his words, “both Okoloba and Okuama have been living together for over three hundred years and I want to appeal that it’s enough of the fight. The land dispute should be amicably settled.
“I want to urge the state government to step in to demarcate the boundaries between the two communities for lasting peace to reign.”
Also, the Ovie of Arhavwarien Kingdom, Solomon Okukeren, preached peace and unity to both communities urging them to stop the spread of hate speech.
“Okuama and Okoloba communities were one people. I want both communities to embrace peace and harmony”, the Ovie said.
The leadership of both communities pledged their willingness to live as brothers and thanked the initiators of the peace move, in their respective responses to the speeches.
The Secretary-General of Ewu Kingdom, Amb. Edewor Egedegbe, who led the Okuama community representatives, commended Gov Oborevwori and the two Local Government chairmen for initiating the peace move.
While pledging Okuama community’s readiness to live peacefully with its neighbouring Okoloba community, Egedegbe lauded Gov Oborevwori “for ensuring that there is sustainable peace between us.
“I also commend the efforts of the council chairmen and traditional rulers on this peace building process.”
He assured that “the people of Okuama are eternally committed to peace between both communities.
“We also use this medium to appeal to the Federal Government to follow due process in the approach on issues as innocent Okuama indigenes are suffering, and as we are speaking we don’t know the whereabouts of our frontline community leaders.”
On his part, leader of the Okoloba community delegation Dr David Akpobolokemi, assured that the community fully subscribed to the peace accord which he described as “a fundamental move”.
“We subscribed to it in its entirety and Okoloba community is committed to ensuring sustainable peace between us. We will do everything humanly possible to live together in peace and move forward”, he averred.
He commended Gov Oborevwori and the two council chairmen for the tireless efforts made towards achieving sustainable peace between the two communities
NEWS
Adeleke Justifies Osun Security Trust Fund
Osun State Governor, Ademola Adeleke has justified the activation of the Osun State Security Trust Fund on the ground of growing insecurity and public sector funding challenges facing all levels of government.
To show commitment of the state government, Gov Adeleke announced a contribution of three hundred million naira (N300m) to the trust fund.
On his part, billionaire philanthropist and brother of the state governor, Dr. Deji Adeleke donated five hundred million naira (N500m) while several businesses contributed various amounts.
The governor also used the occasion to announce the imminent sharing of refurbished Armoured Personnel Carriers and new patrol vehicles, declaring that “the administration is determined to maintain Osun’s record as one of the most peaceful states in the country”.
Launching the security trust fund at Osogbo, the governor decried the abandonment of the trust fund initiative by the Oyetola administration, describing the implementation of the trust fund as ‘long overdue’.
According to the governor, several states in Nigeria have established security trust funds. Osun started the process but this was abandoned under the immediate past administration of Mr Gboyega Oyetola.
“Our government decided to revive the initiative by updating the law and organising the launching today. A security trust fund is a matter of necessity considering the security climate in Nigeria and Osun state.
“We all know Nigeria faces security challenges. Yet, available public financing resources are limited. Governments at all levels then initiate public-private partnership to bridge the funding gap.
“It is neither a political project nor a self-serving policy. This is a necessary policy to secure our people. Only an irresponsible government will abandon the PPP arrangement that is working so well in Lagos, Kaduna, River states among others. Ours is a responsible leadership with people-oriented innovations, policies and programmes.
ALSO READ: Dangote Refinery Showcases Power of Domestic Value Addition – Prof Ike‑Muonso
“This Fund is designed to provide sustainable funding for modern security infrastructure. Through this Fund, we will establish a modern Situation Room with real time CCTV surveillance. We will continue the provision of operational tools required by our security agencies.
The governor appreciated all individuals, corporate organisations and stakeholders that have been contacted. “We appreciate your positive disposition. Today, I am inviting, for partnership, the private sector, financial institutions, development partners, professional bodies and all sons and daughters of Osun State.
“As a trust fund regulated by law, I assure you of strict accountability, transparency and due process in the management of the trust fund”, the governor said.
Secretary to the State Government who also doubled as the deputy chairman of the trust fund, Hon Teslim Igbalaye congratulated the governor for activating the Fund after its enabling law was passed as far back as 2012 while several special guests pleaded support for the initiative.
NEWS
Dangote Refinery Showcases Power of Domestic Value Addition – Prof Ike‑Muonso
Public Policy analysts, government officials and other stakeholders have in Lagos hailed the strategic foresight and industrial courage of the President and Chief Executive of Dangote Industries Limited (DIL), Aliko Dangote, describing the Dangote Petroleum Refinery as a transformative national asset deserving of collective appreciation by Nigerians.
This position was strongly articulated at the 2026 Bullion Lecture, powered by the Centre for Financial Journalism, where the Director‑General of the Raw Materials Research and Development Council (RMRDC), Prof Nnanyelugo Ike‑Muonso, declared that Nigerians owe Aliko Dangote a profound debt of gratitude for investing in the world‑class refinery.
Delivering the keynote lecture themed “From Resources to Prosperity: How Raw Materials Development, Value Addition and Innovation Can Catalyse Nigeria’s Industrial Renaissance,” Professor Ike‑Muonso said the refinery represents a decisive break from Nigeria’s long‑standing dependence on crude oil exports with minimal domestic value addition.
According to the RMRDC Chief, Nigeria had historically exported crude oil only to re‑import refined petroleum products such as Premium Motor Spirit (PMS), with little economic benefit beyond crude sales.
“That narrative has now changed. Instead of exporting crude and importing PMS alone, the Dangote Petroleum Refinery processes crude locally to produce PMS, diesel, dual purpose kerosene (DPK), and valuable by‑products for petrochemicals such as polypropylene. This represents complete domestic value addition.”
Prof Ike‑Muonso described the refinery as Nigeria’s most concrete example yet of how strategic industrial investment can unlock the full value of the country’s natural resources.
Against the backdrop of ongoing instability in the Middle East and its implications for global energy supply and price volatility, the RMRDC boss said the Dangote Petroleum Refinery has emerged as a stabilising force and an African‑led solution to global energy challenges.
“With the far‑reaching consequences of the Middle East crisis on global energy markets, the Dangote Petroleum Refinery stands today as a monumental demonstration of strategic foresight, industrial courage and African self‑reliance,” he said.
“Nigeria should, in fact, be praying for Aliko Dangote at this time.”
Prof Ike‑Muonso also presented comparative data on raw‑material value addition across countries, including the United States, India, Brazil, South Africa and Kenya, revealing that Nigeria records the lowest percentage of value addition.
He disclosed that the country loses an estimated $29 billion annually due to the export of raw materials without processing partly due to the energy deficit.
“Rather than exporting raw materials, Nigeria should be exporting processed raw materials and finished products,” he argued.
Identifying obstacles to achieving full value addition, the RMRDC Director‑General highlighted key structural challenges such as: Private infrastructure tax, resulting from companies’ reliance on self‑generated power; Logistics gaps, noting that only about 30 percent of Nigeria’s road network is paved; and Capability gaps within the industrial ecosystem.
He stressed that sustained industrialisation remains Nigeria’s most viable pathway to broad‑based economic prosperity, citing Dangote Industries’ investments as a model for the country.
Earlier in his remarks, Otunba Kelvin Dele Oye, Chairman of the Economic Research and Ethics Committee and former President of the National Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA), also commended Dangote’s industrial contributions.
He decried what he described as an imbalance in the exploitation of Nigeria’s raw materials by foreign investors, often without meaningful value addition to the local economy.
Otunba Oye called for deliberate government policies and stricter regulatory vigilance to ensure that raw material exploitation benefits Nigerians, while enabling local investors to compete favourably with foreign players.
The event, which marked the 10th anniversary of the Bullion Lecture, also featured the unveiling and launch of a commemorative book titled “Pathways to Nigeria’s Socio‑Economic Transformation.”
The book, authored by Mr. Ray Echebiri, Chief Executive of the Centre for Financial Journalism, documents all lectures delivered since the inception of the Bullion Lecture series.
Photo Caption
From Left: GMD/CEO, Dangote Cement Plc, Arvind Pathak; Chairman, Sinoma International Engineering Co. Ltd., Yin Zhisong; Consulate General of the People’s Republic of China, Yan Yaqing; President/CE, Dangote Industries Limited, Aliko Dangote; Chairman of the Board, Sinoma International Engineering Co. Ltd., Lin Zhisong and Vice President Oil & Gas, Dangote Industries Limited, Devakumar Edwin, during the Sinoma International visit to Dangote Head Office in Lagos
NEWS
Dangote Refinery Exports 1.1bn Litres of Aviation Fuel to Europe, Supplies 95% of Nigeria’s Jet A1 – AON
The Airlines Operators of Nigeria (AON) has described the Dangote Petroleum Refinery and Petrochemicals as a critical pillar of support for Nigeria’s aviation industry, disclosing that the refinery currently supplies over 95 per cent of the Jet A1 fuel consumed nationwide.
Biztellers reports that the company also exported 1.1 billion litres of aviation fuel to Europe between March and April 20.
Speaking during a televised interview, AON spokesperson Obiora Okonkwo said the refinery’s output has played a vital role in sustaining domestic airline operations at a time of global supply disruptions arising from tensions in the Middle East and rising fuel costs.
“It is a matter of fact that over 95 per cent of aviation fuel supplied across the country comes from the Dangote refinery. To airline operators in Nigeria, Dangote is not just a refinery; it is a game changer and, indeed, a lifesaver,” Okonkwo said.
He noted that despite the refinery’s consistent supply, airlines continue to face severe operational strain due to escalating Jet A1 prices, which he attributed to sharp practices within the downstream distribution chain.
According to Okonkwo, some fuel marketers are allegedly creating artificial scarcity in spite of available supply from the refinery, leading to disproportionate price increases. He disclosed that airline operators have recorded Jet A1 price hikes of up to 300 per cent since the onset of the Middle East crisis.
“We consider this exploitation. The refinery has not indicated any shortage, yet we are witnessing artificial scarcity and unjustifiable price increases. What airlines pay does not reflect depot prices,” he said, suggesting the presence of racketeering within the market.
Echoing these concerns after a closed‑door meeting between the AON and the Federal Government, Chairman and Chief Executive Officer of Air Peace, Allen Onyema, described the situation as deeply troubling, particularly given that the Dangote refinery sells its products at comparatively lower rates.
“The truth is that marketers must be called to account. How do prices rise by as much as 300 per cent when Dangote’s supply remains the cheapest and some marketers source directly from the refinery?” Onyema asked. “So, why the astronomical increase?”
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Meanwhile, the Dangote Refinery continues to expand its footprint in the international aviation fuel market. Industry data indicate that the facility exported approximately 876,000 metric tonnes of jet fuel to Europe within the period under review—about 456,000 tonnes in March and an additional 420,000 tonnes by April 20.
These export volumes underscore the refinery’s growing capacity and improved logistics, further reinforcing Nigeria’s emerging role in the global downstream oil and gas market, even as it strengthens domestic energy security.
Photo Caption
From Left: President/CE, Dangote Industries Limited, Aliko Dangote; President of Uganda, H.E. Yoweri Museveni; President of Kenya, H.E. William Ruto, and CEO of the Africa Finance Corporation, Samaila Zubairu, at The Africa We Build Summit in Nairobi, Kenya, on Thursday.





