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Buhari, five African Presidents to commission Dangote Petroleum Refinery (today)

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President Muhammad Buhari in a recent photograph

 

 

In an epoch-making event that will positively transform Nigeria’s oil and gas sectoral landscape, President Muhammadu Buhari will today commission Dangote Petroleum Refinery & Petrochemicals, the world’s largest single train refinery in Ibeju-Lekki, Lagos; alongside his counterparts from Ghana, Togo, Senegal, Niger, and Chad.

 

Promoted by Africa’s richest man, Aliko Dangote, the petroleum refinery with a capacity to process 650,000 barrels per day (bpd) is sitting on 2,635 hectares of land located in Dangote Industries Free Zone in Ibeju-Lekki, Lagos, and will provide employment to over 100,000 persons. The coming onstream of the gigantic project is expected to mark Nigeria’s exit from the league of oil-rich nations that are heavy importers of petroleum products.

 

Expected at the historic event apart from international dignitaries are the Presidents of Togo, Gnassingbé Eyadéma; Ghana’s Nana Akufo-Addo; President of Senegal, Macky Sall; President of Niger Republic, Mohamed Bazoum, President of Chad, Mahamat Déby and a host of ambassadors.

President Paul Kagame of Rwanda, who will not be physically present, will present his goodwill message virtually.

 

As at the time of filing this report, all the 36 state governors and most of the governors-elect, ministers, senators, and captains of industries in Nigeria and others from outside the country, global oil traders, top international bankers, international multilateral agencies have indicated their readiness to grace the ceremony.

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Nigeria’s President-Elect, Bola Ahmed Tinubu whose administration as the governor of Lagos in 2002 floated the Free Trade Zone in Ibeju-Lekki where the Refinery is located, is expected to be at the event.

 

The commissioning of Dangote Petroleum Refinery is significant given that it is the first time that a refinery of such magnitude built by an individual is being commissioned.

 

Dangote’s petroleum refinery is expected to meet the needs of Nigerian consumers and those in neighbouring countries, while allowing for exports beyond the African continent. The refinery will drive the promotion of the African Continental Free Trade Area (AfCFTA) as over 50 countries in the trade bloc depend on imported refined petroleum products.

 

According to the Facts Sheet on Dangote Petroleum Refinery, the new Refinery can meet 100% of the Nigerian requirement of all refined products (Gasoline, 53 million litres per day; Diesel, 34 million litres per day; Kerosene, 10 million litres per day, and Aviation Jet, 2 million litres per day) and also have surplus of each of these products for export.

The refinery is designed for 100% Nigerian Crude with flexibility to process other crudes. It has self-sufficient marine facility with ability for freight optimisation, and the largest single order of 5 SPMs anywhere in the world. Diesel and Gasoline Products from the refinery will conform to Euro V specifications.

 

“The refinery design complies with World Bank, US EPA, European emission norms and Department of Petroleum Resources (DPR) emission/effluent norms. State-of-the-art technology. Designed to process large variety of crudes including many of the African Crudes, some of the Middle Eastern Crudes and the US Light Tight Oil,” the Facts sheet added.

 

It also stated: “65 Million Cubic Metres of sand dredged costing approximately Euros 300 million, using the world’s largest, the second largest and the tenth largest dredgers to elevate the height by 1.5 metres, to insure against any potential impact of increase in mean sea level due to global warming. Bought over 1,209 units of various equipment to enhance the local capacity for site works.

 

“332 cranes to build up equipment installation capacity. Built the world’s largest granite quarry to supply coarse aggregate, stone column material, stone base, stone dust & material for break water. (10 million tonnes per year production capacity).

Developed a port and constructed two quays with a load bearing capacity of 25 tonnes/ sq metres to bring Over Dimensional Cargoes close to the site directly. The company also constructed two more quays in the port with a capacity to handle up to Panamax vessels to export fertiliser and petrochemicals and two quays to handle liquid cargoes. The port will thus have 6 quays, including a Roll-on/Roll-off quay”, the sheet added.

 

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ADC Criticises Tinubu’s CNG Plan, Demands Price Cap

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By Yusuf Danjuma Yunusa

The African Democratic Congress (ADC) has urgently called on the Federal Government to implement a temporary cap on petrol prices, warning that the recent surge in fuel costs is exacerbating the hardship faced by millions of Nigerian households.

In a press statement issued on Wednesday, the party’s National Publicity Secretary, Mallam Bolaji Abdullahi, acknowledged that volatility in global oil markets—spurred by the ongoing crisis in the Middle East—is contributing to the price hikes. However, the ADC argued that external factors do not justify allowing fuel prices to rise unchecked in an economy still reeling from the removal of the fuel subsidy.

“For everyday Nigerians, petrol determines the price of food, transportation, and survival. When petrol rises, everything else rises with it,” Abdullahi stated. “This is why the African Democratic Congress urges the Federal Government to take urgent action to stabilize petrol prices.”

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The party criticized the administration of President Bola Tinubu, stating that the current APC-led government must take responsibility for shielding citizens from the harshest effects of the increases. The ADC further called for the introduction of targeted palliatives specifically designed to support low-income Nigerians who are most vulnerable to the rising cost of transportation and goods.

Beyond the immediate call for a price cap, the ADC questioned the feasibility of the government’s long-term energy strategy, specifically targeting the recently announced plan to distribute 100,000 Compressed Natural Gas (CNG) conversion kits.

The party noted that with over 11 million vehicles registered in Nigeria, the proposed 100,000 kits would cover less than one percent of the nation’s vehicle fleet. Furthermore, the ADC raised concerns about the limited availability of CNG refuelling stations across the country, questioning whether the policy would have any tangible impact on the average Nigerian.

“A policy that touches only a fraction of vehicles cannot meaningfully address a national fuel crisis,” Abdullahi said. “If Nigerians cannot easily find where to refuel, then the policy risks becoming an announcement without real impact.”

The ADC urged the Federal Government to pursue a more comprehensive and credible energy strategy that reflects Nigeria’s status as an oil-producing nation.

“Nigeria is an oil-producing country, and it should not be a place where the cost of petrol repeatedly pushes millions of citizens deeper into hardship,” the statement concluded. “At a time of rising global uncertainty, protecting the welfare of citizens must remain the first duty of any government that knows what they are doing.”

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Defence Minister Tasks Service Chiefs to Visit Terror-Hit North-West and North-East

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By Yusuf Danjuma Yunusa

The Minister of Defence, Christopher Musa, has directed the nation’s service chiefs to conduct on-the-ground visits to the North-West and North-East regions to reassess and revitalize ongoing military operations against terrorists.

The directive was issued on Wednesday during a high-level security meeting convened by the minister at the headquarters of the Ministry of Defence in Abuja. The meeting was called to address the pressing security challenges plaguing the two zones.

Confirming the development to TheCable, Timothy Antigha, the Special Adviser on Media to the Minister, stated that the service chiefs are expected to embark on the visits imminently. Upon their return, they are to submit comprehensive reports detailing their findings and proposing strategic adjustments to enhance the effectiveness of military operations in the troubled regions.

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The minister’s directive follows a concerning surge in attacks by terrorist groups, who have recently intensified assaults on military installations, leading to the deaths of several personnel.

In a significant escalation on Monday, fighters from the Islamic State West Africa Province (ISWAP) overran a military facility in the Kukawa Local Government Area of Borno State, during which a commanding officer was killed.

The following day, troops in the same locality successfully repelled another early-morning assault, also attributed to ISWAP fighters, highlighting the sustained pressure on forces in the region.

This recent spate of violence includes an attempted incursion by suspected Boko Haram and ISWAP fighters on military positions in Ngoshe, Gwoza LGA, about a week prior. The Nigerian Air Force responded with air strikes in that engagement, reporting that over 50 of the suspected terrorists were neutralized.

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Court Grants PDP Permission for Out-of-Court Settlement in Convention Dispute

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By Yusuf Danjuma Yunusa

The Court of Appeal in Ibadan, Oyo State, has granted all parties involved in the legal battle over the Peoples Democratic Party (PDP) elective convention leave to pursue an out-of-court settlement.

Justice Biobele Georgewill, who led a three-man panel on Wednesday, urged the factions to prioritize a peaceful resolution in the best interest of the party. Consequently, the case has been adjourned sine die (indefinitely) to allow for the settlement process to proceed.

“This Court has granted leave for settlement in this matter,” Justice Georgewill stated. “All parties involved should be mindful of the election timetable as released by INEC. The counsel representing the various parties are in the best position to advise their clients.”

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He directed that the court be formally informed in writing of the outcome of the discussions, regardless of whether an agreement is reached. As a result, all pending motions in the case have been adjourned sine die.

The dispute stems from a leadership crisis within the party. Recall that on Monday, a separate Court of Appeal in Abuja had invalidated the party’s elective convention, which was held in Ibadan. That ruling upheld a disciplinary committee’s decision concerning certain party members.

However, the legal landscape was complex, as Justice Ladiran Akintola of the Oyo State High Court had previously validated the same convention in a ruling on a case instituted by one Folahan Adelabi, through his counsel, Musibau Adetunmbi, SAN.

In his submission on Wednesday, Justice Georgewill cautioned all parties to be conscious of the Independent National Electoral Commission’s (INEC) timetable for the 2027 general elections, implying the need for a swift resolution. All counsel present at the hearing aligned with the court’s position to pursue a peaceful settlement.

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