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Port Harcourt Refinery Halts Production Less Than a Month After Resumption

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Less than a month after the porthacourt  appeared to have resumed production, the facility has stopped working.

It was gathered that the lifting of petrol actually stopped last Friday, December 13, as the 18-arm loading bay of the new Port Harcourt refinery was empty.

While about 18 trucks littered the stretch of the busy road leading to the refinery itself, nine trucks were spotted inside the parking yard, while the loading bay was empty.

Journalists who visited the refinery on Thursday, December 19, 2024, observed that the lifting of Premium Motor Spirit (petrol) had stopped completely.

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The depot, which is usually a beehive of activities where tankers scramble for space at the parking yard, was a shadow of itself with literally no vehicular or human activity relating to operations.

This was after $1.5bn was approved in March 2021 and spent on the rehabilitation of the facility.

The inauguration of the 60,000 barrel per day production capacity plant by the Chief Executive Officer of the Nigerian National Petroleum Company Limited, Mele Kyari, on Tuesday, November 26, 2024, was met with celebration and fanfare.

During the re-opening of the facility, there was lifting of petrol to the excitement of the cheering crowd.

However, less than 10 trucks of petrol were lifted that day as against widespread claims that about 200 trucks carried petrol out of the bay.

 

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Nigeria’s Inflation Rate Climbs to 15.38% in March

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By Yusuf Danjuma Yunusa

The National Bureau of Statistics (NBS) has reported a rise in Nigeria’s headline inflation rate, which increased to 15.38% in March 2026, up from 15.06% recorded in February.

According to the NBS’s latest Consumer Price Index (CPI) report released on Wednesday, the 0.32 percentage point increase marks the second consecutive monthly rise in inflation this year. The March figure also represents a significant jump compared to the same period last year, underscoring persistent price pressures across key sectors.

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Analysts point to rising food and energy costs, coupled with lingering supply chain disruptions, as primary drivers of the uptick. The NBS noted that food inflation remained elevated due to higher prices of staple items such as bread, cereals, and vegetables, while core inflation excluding volatile agricultural produce and energy also edged upward.

The development puts additional pressure on households and businesses, and may influence the Central Bank of Nigeria’s monetary policy stance in the coming months.

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Atiku Confirms 2027 Will Be His Final Presidential Bid

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By Yusuf Danjuma Yunusa

Former Vice-President Atiku Abubakar has declared that the 2027 general election will be his last attempt to become Nigeria’s president.

The seasoned politician, who will turn 80 by the next election cycle, made the announcement during an interview on Arise News on Wednesday.

“Certainly yes, because the stakes are higher – I believe that will be my last outing. So that’s incontrovertible,” Atiku said when asked whether 2027 would mark his final run.

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Pressed on why Nigerians should still trust him after decades in politics, the presidential hopeful argued that his experience uniquely qualifies him to lead the country at a critical juncture.

“I represent both the past and the future simply because we have seen various levels of leadership in the country, both young and old, and we’re experiencing them,” he said.

Atiku also voiced concerns about the performance of younger leaders, suggesting they have not fully met expectations.

“I still believe that our expectations of the young leadership are below what we thought,” he added, stressing the need for mentorship and guidance from older, more experienced politicians.

According to Atiku, such guidance is most effective when exercised from a position of power. Reflecting on his time as vice-president, he noted: “Sometimes you need to be [in power]. What I was able to learn from President Olusegun Obasanjo through his experience, I couldn’t have learned it outside.”

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Kano Dep Governor’s seat: Concerned Elders make case for Kabiru Alhassan Rurum

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Kano South Concerned Elders Forum has appealed to Governor Abba Kabiru Yusuf to appoint Hon Kabiru Alhassan Rurum as the next Deputy Governor of the state.

According to them, his appointment would support the administration and correct the years of political lopsidedness in the leadership of the state.

Their appealed was sequel to the nomination of Rurum, alongside Engineer Rabiu Sulieman Bichi and Murtala Sule Garo by the legacy group of the state’s All Progressives Congress (APC) for the governors final selection for the vacant post.

In a statement signed on Wednesday by the Chairman of the Elders, Senator Masaud El- Jibril Doguwa, they affirmed that the nomination of Rirum , a former Speaker of the Kano State House of Assembly and a current member of the Nigeria’s House Representatives, represented a turning point in the political history of Kano -South.

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“For the first time in over 30 years, someone from the zone has come close to being nominated as the state Deputy Governor. All past efforts by other capable politicians from the zone to secure the post of the state governor has failed to materialize” they recalled.

The elders, which included Musa Salihu, Alhassan Kibya, Rabiu Bala, Yau Beza , Wai Ado and several others , lamented that the zone, which has 16 LGAs and is one of the largest Senatorial zones in Nigeria, has yearned for decades for an equitable representation at the highest levels of leadership in the state.

While appreciating the Governor for his strength of character, fairness, justice and sense of inclusiveness, they stressed that the choice of Rirum for the position would go a long way to strengthen the administration.

“He is a grass root politician, a team worker, and approachable with extensive network all over the state and beyond.. He shares the same values with the Governor on the delivery of democratic dividends to his constituency” they declared. End

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