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NNPC Ltd and challenges in the oil sector: Banire misconceives the facts, promotes biased views

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By Olufemi Soneye

 

 

In the face of the challenges in the oil sector, particularly the current tightness in the supply of petrol, it has become fashionable to blame the national oil company, the Nigerian National Petroleum Company Ltd (NNPC Ltd), for everything. Last week, it was Prof. Pat Utomi who railed and fumed at the NNPC Ltd calling it one of the most opaque and unreliable companies in the world. Before then, The Punch had published an editorial in which it described the NNPC Ltd as a danger to Nigeria. The latest of these vitriolic attacks is by Dr. Muiz Banire, a Senior Advocate of Nigeria (SAN), and former Commissioner of Transport and Environment, Lagos State, who contended in his column in The Sun that NNPC Ltd is the black hole of Nigeria.

Considering all that is going on in the petroleum sector, it would appear justifiable to call out the NNPC Ltd as some people have been doing in recent times. But most of the diatribes have been based on sentiments that are not rooted in facts. Railing at the NNPC Ltd without a thorough understanding of the issues that threw up the current challenges in the oil sector, as most of the commentators have been doing, will yield no good for the country. At this critical intersection, the task for all well-meaning Nigerians should be how to find lasting solutions to the mischiefs in the oil sector and not to look for scapegoats, as Dr. Banire has done.

According to Banire, Nigeria has been experiencing fuel scarcity since 1973 on the back of fuel subsidy and the NNPC Ltd is responsible for it. The assertion that the NNPC is responsible for this state of affairs is moot. The policy of fuel subsidy is not the preserve of the NNPC. Various administrations over the years have thought it wise to subsidize the cost of petroleum products for citizens. They came up with different methods of doing that. The role of NNPC Ltd has been to implement the policy as decided by government. At a point when the various administrations felt that the fuel subsidy policy had become a burden that should be done away with, they made it known. NNPC Ltd, as the national oil company, implemented it. This was the case in 2012 when the nation went up in protest against the decision of government to remove fuel subsidy. The same scenario repeated itself in 2019 when the then administration came up with the policy to remove fuel subsidy. NNPC Ltd is neither responsible for the policy of fuel subsidy or its removal.

It is very unfortunate that Dr Banire would descend to the level of castigating the NNPC Ltd for the fuel subsidy debacle that has plagued Nigeria and on the basis of that label the Company that has over the years patriotically borne the brunt of the fuel subsidy policy as a black hole. His analysis fails to take into consideration the huge challenges of products smuggling, pipeline vandalism, and crude oil theft that the company contends with daily, and in spite of which it manages to keep the nation going with crude oil production and fuel supply.

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Barely three months after the Federal Government announced the removal of fuel subsidy, it became difficult for both major and independent petroleum products marketers to import petrol because of the foreign exchange policy. They could not source forex to continue to bring in petrol. Since then, NNPC Ltd has been importing the product and selling at almost half price in keeping with the provisions of the Petroleum Industry Act (PIA) which designates it as the fuel supplier of last resort. Yes, there have been supply hiccups here and there because of the financial constraints imposed by the transaction. Just imagine the hardship the nation would have suffered if NNPC Ltd was not there to play the role of supplier of last resort! NNPC Ltd is the reason Nigerians continue to enjoy lower pump price for petrol than they would ordinarily pay for the product. How then does such a company become a black hole?

For Banire, NNPC Ltd is responsible for everything that is wrong in the oil sector. He even blames smuggling and the unauthorized sale of petroleum products to street urchins who in turn trade it in the black market in jerrycans on the NNPC Ltd. But does he have evidence that the unpatriotic marketers who divert petroleum products meant for local consumption to neighbouring countries are staff members or representatives of the NNPC Ltd? Does he have any shred of evidence that the boys who sell fuel in the black market in jerrycans source their products from NNPC Retail Ltd.’s stations? The least one would expect from a lawyer of Banire’s standing is a fact-based and not speculative commentary.

The NNPC Ltd has turned a corner since 2018 when it began to prepare for the enactment of the Petroleum Industry Act, which was eventually passed into law in 2021. Apart from deepening its commitment to accountability and transparency by regularly publishing its audited annual financial statements, it has become a profitable company with undisputable growth trajectory. It recorded an unprecedented N3.29 trillion profit in its recently released 2023 audited financial report. But this fact is conveniently lost on Dr. Banire who insists that he has not seen any difference between NNPC as corporation and the commercially focused NNPC Ltd that was incorporated in 2021. Fortunately, it does not take Banire to see or believe that NNPC Ltd, as presently constituted, has broken away from its debilitating past for it to be true. He is at home with the legal maxim: “Res Ipsa Loquitur”, meaning the facts speak for themselves.

While one cannot dissuade people like Dr. Banire from criticizing the NNPC Ltd, they must refrain from standing facts on their heads all because they want to be populist or be in the good books of the public. Besides, the Banires of this world should also not be intentionally mischievous in their assertion that the NNPC Limited is exercising an overbearing influence on the regulators. One expects that given the level of their educational accomplishments, they should have the capacity to research very well into the subject matters of their editorial interventions so that they do not argue, assert and progress in error(s). In the corollary, it is either Banire is mischievous or ignorant about the assertion he made in his write-up that the NNPC influences the NUPRC and the NMDPRA who are the two independent regulators. If he lacks a clear knowledge of the workings of the sector, he should be humble enough to seek clarifications so he could be well informed. NNPC Limited is an operator-with a number of refineries under its purview. The Port Harcourt refinery will soon take off. As a matter of fact, the refineries under the NNPC are operators and are therefore subject to the regulatory framework and regulations set out by the NMDPRA. The operator(s) cannot, therefore, exercise overbearing influence on the regulators. This is commonsensically impossible. Pure and simple.

Soneye, is the Chief Corporate Communications Officer of the NNPC Ltd

Opinion

2027 Election : Kano Speaks, As DSP Barau Promises Victory For Tinubu, Gov Abba

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By Abba Anwar

In Kano politics, definitive statements can only be made by individuals with high caliber, political sophistication, quality skills, strategic positioning, and genuine intentions, who can forecast outcomes. These qualities are visibly evident in the political arithmetic of the Deputy Senate President, His Excellency, Distinguished Senator Barau I Jibrin, CFR, who also doubles as the First Deputy Speaker of the ECOWAS Parliament, asserting his global relevance and influence.

As a show of solidarity and unwavering support for President Bola Ahmed Tinubu, GCFR, and the Governor of Kano State, Abba Kabir Yusuf, ahead 2027 general election, Distinguished Senator said it publicly that, “We are united and focused. Kano… will stand firmly behind President Bola Ahmed Tinubu and Governor Abba Kabir Yusuf. Our structure is intact, and we will work tirelessly to ensure their victories.”

At a stakeholders meeting held at his constituency, Kano North, it was glaring to all, as he mentioned that, “Stakeholders of the All Progressives Congress (APC) in Kano North Senatorial District have reaffirmed their total commitment to delivering overwhelming votes for President Bola Ahmed Tinubu, Governor Abba Kabir Yusuf and the Deputy President of the Senate, Senator Barau I. Jibrin, in the 2027 general elections.”

As stated during the meeting, His Excellency, DSP, appears to be in total support for internal cohesion and mutual understanding between the traditional All Progressives Congress (APC) and Governor Yusuf with his people who recently joined the party. He practically believes that, democracy should first be strengthen within the party structure.

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Hence, the need for tolerance, commitment to party’s survival and development, and above all supporting the state government to reach the promised land.

All indications, from DSP’s recent political engagements in the state, are geared towards politics without bitterness, strong internal structures, promotion of good governance, full blown support for Governor Yusuf and protection of Kano’s interest through the state structures. From state to federal
Bottom to up. And vice versa. In other words, the Distinguished Senator is well positioned to be the flagship of the Governor and the government of Kano State. No two ways about it.

What happened during the event, is a clear indication that, Senator Jibrin is not only a bridge builder between old APC members and the newly recruited ones, into its fold, but a messiah at the same time. To him, all the many years APC members and the newly joined ones, are the same in terms of enjoying political goodies, proper care and management.

He donated 26 cars, 141 motorcycles to 13 Local government Chairmen, Vice Chairmen, Councillors and Secretaries of his Kano North Senatorial District. The donation was witnessed by party leaders, elected officials, and grassroots politicians. Who unanimously put heads together to startle the consolidated unity. While strategizing party survival and continuous dominance as build-up to 2027 elections.

Justifying his donations, he emphasized to the hearing of all that, “Our Chairmen, Vice Chairmen, Councillors, and Secretaries are the engine room of our political structure. Supporting them means strengthening our base. With unity and proper mobilisation, Kano North will deliver landslide votes in 2027.” Assuring same for other two Senatorial Districts, Kano Central and Kano South.

What interests many at the event was when he assured that, “By God’s grace, we will deliver landslide votes for President Tinubu, Governor Abba and all other candidates of our party, APC

Unity, unity and unity, is the slogan of the DSP these days. The slogan was there evidently heard in the past. But in recent time, the slogan becomes more amplified and musically echoed. He always believes that, unity of purpose remains the hardest corridor to electoral victory.

An overwhelming standing ovation filled the air when he appealed all party members, from all sides of the pentagon to crush aside past differences. Urging that, “We need to work collectively, in fact we must work collectively towards a common goal.”

His passion for securing victories for the state and federal governments in 2027 drives him to tirelessly campaign and strengthen support for Governor Yusuf and President Tinubu. He continually promotes, refines, and solidifies this agenda.

Anwar writes from Kano
Sunday, 15th February, 2026

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Opinion

Murtala Ramat Mohammed: Power with a Conscience

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General Murtala Muhammad

 

By Lamara Garba Azare,

There are men who pass through power and there are men who redefine it. Murtala Ramat Mohammed belonged to that rare breed who carried authority lightly and carried conscience heavily. He was a comrade in uniform, a patriot in spirit, a true son of Africa whose love for this nation was not performed for applause but proven through action.

He rose to lead the most populous Black nation on earth, yet power never altered his posture or polluted his character. He remained simple in conduct, measured in speech and humble in lifestyle. He never allowed the office to swallow the man. While others would have embraced sirens and spectacle, he chose restraint. His convoy moved without blaring horns. He obeyed traffic lights like every other citizen. He respected traffic wardens as custodians of public order.

There is that unforgettable moment when a traffic officer, having recognized his car, stopped other motorists to allow him pass. The General was displeased. The warden was punished for denying other road users their right of way, and his driver was sternly warned for attempting to move against traffic. In that simple but powerful incident, he taught a nation that no one is above the law, not even the Head of State. Leadership for him was not exemption from rules but submission to them.

His humility went even deeper. Often, dressed in private attire, he would visit markets quietly, blending into the crowd to ask about the prices of food and daily commodities. He wanted to feel the pulse of ordinary Nigerians. He wanted to understand how families were coping. He believed policies should not be crafted from distant offices alone but from lived realities. That simple habit revealed a leader who listened before he acted and who measured governance by the condition of the common man.

When he assumed power in 1975, he did so without plunging the country into bloodshed. In a continent where coups often left painful scars, his intervention was swift and calculated, aimed at correcting a drift rather than destroying the state. It reflected firmness guided by restraint. He was a soldier, yes, but one who understood that strength without humanity is weakness in disguise.

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In barely six months, he moved with urgency that startled the establishment. Files that once gathered dust began to move. Decisions were taken with clarity. He restructured the civil service in a bold attempt to restore efficiency and discipline. He initiated the process that led to the relocation of the capital to Abuja, a decision born of foresight and national balance. He confronted corruption without apology and made it clear that public office was a trust to be guarded, not an opportunity to be exploited.

His voice on the continental stage was equally resolute. When he declared that Africa has come of age, he was not uttering rhetoric. He was announcing a shift in posture. Nigeria under his watch stood firm in support of liberation movements and insisted on African dignity in global affairs. He believed that this continent deserved respect earned through courage and self confidence.

Then, just as the nation began to feel the rhythm of disciplined governance, tragedy struck on February 13, 1976. Bullets interrupted a vision. A country stood still in shock. Africa mourned one of its brightest sons. He had ruled for only a short season, yet the weight of his impact surpassed the length of his tenure.

Perhaps if he had remained longer, Nigeria would have charted a different course. Perhaps institutions would have grown around principle rather than convenience. Perhaps accountability would have become culture rather than campaign language. We can only imagine. But what cannot be imagined away is the moral clarity he represented.

Today, when citizens speak about abandoned ideals and weakened standards, his memory returns like a measuring rod. When convoys roar past traffic lights with entitlement, his quiet obedience becomes a silent rebuke. When policies lose touch with the marketplace realities of ordinary people, we remember the Head of State who walked into markets in simple clothes to ask the price of garri and rice.

He was not perfect, but he was purposeful. He did not govern to decorate history books. He governed to correct a nation. He detested corruption because he understood the damage it inflicts on the weakest citizens. He valued humility because he knew that power is fleeting but accountability before Almighty Allah is eternal.

Nigeria lost more than a leader. Africa lost a rare gem whose patriotism was sincere and whose heart beat for the dignity of his people. We pray that Allah grants Murtala Ramat Mohammed Aljannatul Firdaus and illuminates his resting place. We pray that his sacrifices count for him in the hereafter. And we pray that Nigeria rediscovers the discipline, courage and sincerity that defined his brief but remarkable stewardship.

Some leaders occupy office. Others transform it. Murtala Ramat Mohammed transformed it. His six months continue to echo across five decades because they were anchored in conviction and service.

Until Nigeria fully embraces integrity in leadership, until Africa truly stands in the maturity he proclaimed, his story will remain both our inspiration and our challenge. His life reminds us that greatness is not measured by duration in power but by depth of impact, not by noise but by noble action, not by privilege but by principle.

He came, he led, and though he left too soon, he still speaks through the standard he set.

Lamara Garba Azare, a veteran journalist writes from Kano

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Opinion

Kwankwaso/US Congress And The Jow Jow With Jungle Justice-Bala Ibrahim

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Head Of Kwankwasiyya Movement and former Governor of Kano,Engineer Rabiu Musa Kwankwaso

 

By Bala Ibrahim.

The ambition of the justice system, as highlighted in the law books I read, is to maintain social order and public safety by enforcing laws, upholding the rule of law, and resolving conflicts fairly. It acts to protect individual rights, provide justice for victims, punish offenders, and rehabilitate criminals to prevent future offenses. I am not a lawyer, but having practiced journalism for decades, I am very conversant with the meaning of the word, fair. Fair hearing, fair trial, fair presumption and fairness in the resolution of conflicts. By my understanding, the best process of resolving conflicts should involve peace or peaceful and mutually satisfactory solutions, through listening to the parties and negotiating with them in order to find a comprise or address the root causes of the problem. Ultimately, and without engaging in emotion, the goal is to reach a solution that satisfies all parties. That way, you arrive at a “win-win” situation, thereby avoiding conflict.

America’s status, as the beacon of human rights, justice and democracy, is being contested, because of its regular prioritisation of interests over values. This deliberate bias of interest is making the meaning of fairness ridiculous. And by extension, putting a question mark on the historically projected position of the United States, as the beacon of justice and fair play. As I write this article, some American lawmakers have introduced a bill to the US Congress, seeking to impose sanctions on the former Governor of Kano state and former Minister of Defence, Sen. Rabiu Kwankwaso, over allegations of violations of religious freedom. To the best of my knowledge, no one made attempt to hear from Kwankwaso. According to the provisions of the bill, Kwankwaso is identified as one of the individuals contributing to systemic religious “persecution of Christians that has persisted” in Nigeria.

Let me start by putting the records straight. I am not a supporter of Kwankwaso. We belong to different political parties and we have differences in ideological beliefs. But our differences not withstanding, I am totally in disagreement with the position of those behind the bill that is seeking to sanction him. It is wrong, very wrong and brazenly in conflict with the meaning of fairness. Even the local and international observers of events that are unfolding in Nigeria, would vehemently disagree with that claim. Kwankwaso can be crucified for some sins, political sins, but to implicate him in religious persecution is not only ridiculous but loudly laughable. Anyone familiar with Kwankwaso, knows that he doesn’t belong to the class of people engaged in religious fanatism. Far from that. It is probably an attempt by the powerful, to give the powerless a bad name, in order to hang him. And that smells like a jow jow with jungle justice, I think.

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It reminds me of that old book, written by George Orwell, called the Animal Farm. The famous line from the book says, “All animals are equal, but some animals are more equal than others.” For some reasons, today, America is acting like a country that is in the script of George Orwell’s Animal Farm. The Animal Farm was written based on the Russian Revolution concept, by showing how those in power can be corrupt and how they can oppress the people they’re supposed to help. In todays world, the “Almighty” America is playing the bully, by hurting or attempting to hurt or frighten, some people or countries, so as to force them to do something that they do not want to do. Nigeria has since fallen into the category of those victims. And now, attempt is being made to unjustly, add the name of Kwankwaso.

It is heartening to hear that his movement, the Kwankwasiyya movement, through the NNPP’s National Publicity Secretary, Ladipo Johnson, had issued a statement, describing the whole thing as a blackmail. “The months before the latest development, Kwankwaso had openly reacted when President Donald Trump re-designated Nigeria as a Country of Particular Concern over alleged religious persecution. Kwankwaso cautioned against what he described as oversimplified characterizations of Nigeria’s internal challenges. Kwankwaso stated that it was important to emphasize that our country is a sovereign nation whose people face different threats from outlaws across the country.”-Johnson.

Indeed America is acting according to the 7 rules in the Animal Farm, which goes thus:
1. Whatever goes upon two legs is an enemy.
2 Whatever goes upon four legs, or has wings, is a friend.
3.No animal shall wear clothes.
4.No animal shall sleep in a bed.
5.No animal shall drink alcohol.
6.No animal shall kill any other animal.
7.All animals are equal, BUT some animals are more equal than others.

I cant talk about MACBAN and the two others, whose names appeared alongside that of Kwankwaso, but despite my political disagreement with him, I can attest to the religious tolerance of Eng. Rabiu Musa Kwankwaso. So, the US Congrees men should put on their thinking caps, and know that the name to put in there, is not Kwankwaso.

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