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NNPC Ltd Refutes Claims of Sole Offtaker Status, Clarifies Domestic Market is Open to Competition

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The Nigerian National Petroleum Company Limited (NNPC Ltd) has responded to a statement issued by the Muslim Rights Concern (MURIC), which claimed that the company’s actions are undermining the Dangote Refinery Limited (DRL) and monopolizing the domestic petroleum market. Specifically, MURIC asserted that NNPC Ltd has become the sole offtaker of products from the Dangote Refinery and that this would prevent the refinery from offering lower fuel prices to the Nigerian market.

In a detailed rebuttal, NNPC Ltd has categorically denied these allegations, clarifying that the company is not the exclusive buyer of products from the Dangote Refinery or any other domestic refinery. The company emphasized that the Nigerian petroleum market operates under a deregulated, competitive framework where market forces determine pricing.

NNPC Ltd stated that the pricing of Premium Motor Spirit (PMS) and other petroleum products from refineries, including the Dangote Refinery, is influenced by global market forces, not by the actions of the NNPC. The recent fluctuations in the pump price of PMS, the statement clarified, are a result of these global dynamics. According to NNPC Ltd, these changes in PMS prices do not hinder the Dangote Refinery or any other domestic refinery from offering lower prices.

If current prices are perceived as high, it presents an ideal opportunity for domestic refineries like the DRL to step in and offer lower-priced alternatives to the Nigerian market,” the NNPC statement read.

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NNPC Ltd further reiterated its commitment to a free market environment, highlighting that any domestic refinery, including DRL, is free to sell its products directly to marketers on a “willing buyer, willing seller” basis. In such a deregulated system, no single entity, including the NNPC, can control the entire market.

“NNPC Ltd has no intention or desire to become the sole distributor for any refinery in a competitive market. The notion of NNPC being the sole offtaker does not arise, as refineries can sell to any marketer,” said Olufemi Soneye, Chief Corporate Communications Officer of NNPC Ltd.

The statement also addressed concerns regarding lower pricing associated with domestic refining. NNPC Ltd explained that there is no automatic guarantee that domestic refining would result in lower prices for consumers. Global parity pricing still applies, and only if market prices outside Nigeria are higher would NNPC Ltd consider fully offtaking PMS from the Dangote Refinery.

NNPC Ltd also pointed out its significant financial stake in the Dangote Refinery, stating, “The NNPC Ltd cannot undermine a business in which it holds a multi-billion-dollar stake.”

In its closing remarks, NNPC Ltd expressed disappointment over MURIC’s claims, suggesting that the advocacy group should have conducted thorough research before making public statements. “As an advocacy group for fair and just treatment, MURIC should have verified the facts before making statements that are entirely flawed and have the potential to incite ordinary Nigerians against NNPC Ltd,” Soneye said.

NNPC Ltd continues to emphasize its commitment to maintaining transparency and fostering a competitive, deregulated petroleum market that benefits all Nigerians.

 

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Ganduje Hints at Reconciling with Kwankwaso

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By Yusuf Danjuma Yunusa

Former National Chairman of the All Progressives Congress (APC), Dr. Abdullahi Umar Ganduje, has extended an olive branch to his longtime political rival, Senator Rabiu Kwankwaso.

Speaking in an interview with the BBC Hausa Service on Wednesday, Ganduje expressed a desire to mend fences and reunite for the progress of Kano State.

“I am hopeful that very soon we will reconcile with Kwankwaso so we can move forward together. We have shared a political camp in the past and remain brothers,” Ganduje stated.

Emphasizing a departure from past rivalries, he noted that current political realignments in Kano have ushered in a new era of cooperation focused on governance rather than conflict.

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“With the present realignment, the politics of rivalry in Kano may be over. Our priority now is delivering good governance to our people,” Ganduje explained. “If Governor Abba Yusuf succeeds, we all succeed—and if we succeed, he also succeeds. It is vital for all of us to understand this so that the government can thrive.”

Ganduje, drawing from his experience as former APC National Chairman, added that his tenure provided him with deep insight into party operations and conflict resolution mechanisms.

When questioned on whether Governor Abba Yusuf would receive an automatic ticket in future elections, Ganduje acknowledged party conventions while underscoring adherence to established rules.

“I am familiar with the party’s workings. There are rules and there are traditions. The tradition grants a sitting governor the right of first refusal, though this principle does not extend to other positions,” he clarified.

NIGERIAN TRACKER reports that former Governor Abdullahi Umar Ganduje was anointed by his predecessor and long time political associate Senator Rabiu Musa Kwankwaso during the 2015 general elections after which the duo fell out in March 2016 due to some differences that suddenly emerge less than a year into the tenure of Dr Ganduje as Governor of Kano state.

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JUST IN: Work Resumes at FCTA Following Court Order Suspending Strike

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By Yusuf Danjuma Yunusa

Normal operations resumed at the Federal Capital Territory Administration (FCTA) secretariat and its affiliated Ministries, Departments, and Agencies (MDAs) on Wednesday, following a ruling by the National Industrial Court of Nigeria ordering the suspension of an ongoing industrial action.

The court, presided over by Justice E. D. Subilim, on Tuesday directed the immediate suspension of the strike embarked upon by workers under the Joint Union Action Committee (JUAC) to allow for continued dialogue.

In response to the ruling, the Minister of the Federal Capital Territory, Barr. Nyesom Wike, called on all employees to return to their posts promptly. While acknowledging the right to lawful protest in a democracy, the Minister emphasized the importance of respecting judicial directives.

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To ensure full compliance, the Acting Head of the Civil Service of the FCT, Mrs. Nancy Sabanti, issued a circular dated January 27, 2026, instructing all Secretariats, Departments, and Agencies to reopen offices and maintain strict staff attendance registers. The circular directed Permanent Secretaries and Heads of Departments, Parastatals, and Agencies to enforce the immediate resumption of duties.

Observations across various FCTA offices and MDAs on Wednesday indicated a substantial level of compliance, with staff present on the premises and engaged in their official responsibilities.

The FCTA administration has reiterated its commitment to constructive dialogue with union representatives and to the continued improvement of staff welfare.

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Reps Summons Finance, Agriculture Ministers, Auditor-General Over Agricultural Funds

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By Yusuf Danjuma Yunusa

The House of Representatives Ad hoc Committee investigating Agricultural Subsidies, Intervention Funds, Aids, and Grants Programmes has summoned the Ministers of Finance and Agriculture and Food Security, as well as the Auditor-General of the Federation, to account for expenditure on agricultural programmes between 2015 and 2025.

The summons was issued during a public hearing held in Abuja on Tuesday, where lawmakers demanded explanations regarding funds released for key agricultural initiatives over the past decade.

The committee directed the officials, or their duly authorized representatives, to appear before it on February 3, warning that failure to comply would result in legislative sanctions in accordance with the powers vested in the National Assembly.

In his ruling, the Chairman of the committee, Rep. Jamo Aminu (APC-Katsina), stated that the investigation aims to ensure transparency and accountability in the use of public funds intended to boost food production, support farmers, and enhance national food security.

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“The interventions under review were designed to strengthen our agricultural sector and ensure food security for all Nigerians. However, persistent concerns over food insecurity, rising food prices, and the effectiveness of past programmes have made this scrutiny imperative,” Rep. Aminu said.

The chairman expressed strong dissatisfaction with the Office of the Auditor-General of the Federation for its failure to provide audit reports on several agricultural subsidy and intervention programmes during the specified period.

He emphasized that comprehensive audit documentation is essential for tracking the disbursement, utilization, and outcomes of the funds.

“We cannot effectively conduct this investigation without proper audit records. These funds span a decade and involve critical national programmes. Transparency and accountability in this process are non-negotiable,” he stated.

Earlier in the hearing, Mr. Mohammed Adamu, a Deputy Director from the Office of the Auditor-General, attributed the lack of completed audit reports to insufficient cooperation from the Ministry of Agriculture and Food Security.

According to Adamu, the Auditor-General’s office has repeatedly requested necessary documents related to agricultural subsidies, grants, aids, and intervention programmes but has not received the required information from the ministry.

“The primary source of these documents is the Ministry of Agriculture. Without their cooperation, finalizing the audit process has been challenging,” he explained.

The hearing continues as part of the House’s ongoing efforts to enhance oversight and ensure that public funds are used effectively for national development.

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