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Depot price hike: Marketers jostle to join Ardova, Heyden in Dangote Refinery bulk-purchase incentives

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Attracted by the bulk-purchase agreement incentives being offered by the Dangote Petroleum Refinery, more oil marketers in the country are jostling to be listed as beneficiaries of the agreement.

The bulk-purchase agreement, the petroleum marketers reasoned, offers a guaranteed price stability as against purchase from depot owners whose price is opened to incessant upward review as has just been announced.

Recall that two prominent players in Nigeria’s downstream oil and gas sector – Ardova Plc and Heyden Petroleum – have entered into a bulk purchase agreement with the Dangote Petroleum Refinery after MRS; a situation they have leveraged on to sell petroleum at a much cheaper pump price.

The depot owners recently jerked up their loading price to N950 per liter from N909 citing increase in the price of crude oil in the international market, a situation that has forced most independent marketers to raise their pump price too to reflect the new higher price from the depot owners.

The Independent marketers are referring to the benefits of the bulk-purchase agreement with Dangote Refinery as being enjoyed by the three leading oil marketers, MRS, Ardova Plc and Heydey who have entered into the purchase agreement with Dangote refinery and are able to retain their lower pump price.

National President of Independent Petroleum Marketers Association (IPMAN), Alhaji Abubakar Maigandi Garima has confirmed that the association members are eager to sign on with Dangote Refinery and that they have been advised to do so by organizing themselves to pool resources together to be able to qualify for the bulk-purchase agreement.

Justifying the IPMAN new position, he said members could not continue to depend on depot owners for products when they can buy directly from the refinery bearing in mind that the minimum quantity to buy from Dangote Refinery is two million litres at N909 per litre.

The management of the Dangote Refinery citing economic relief provided by President Bola Ahmed Tinubu’s crude-for-naira swap initiative had announced a bulk-purchase offer incentives to the three leading downstream sector operators, so that Nigerians could heave a sigh of relief on the reduced pump price.

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As the MRS, Ardova Plc and Heyden keyed into the arrangement, other petroleum marketers besieged the Refinery in Ibeju-Lekki, Lagos, seeking to be part of the bulk purchase deal, which guarantees steady supply of petroleum products and at competitive prices.

The desire to be part of the bulk-purchase agreement, it was also gathered, was also apparently being fueled by the testimonies from motorists who have been praising the impressive burn rate of fuel sourced from Dangote Refinery and sold in MRS filing stations which they said lasts longer compared to other products imported into the country and sold by others.

Dangote Refinery had said the strategic move was designed to further stabilise the nation’s fuel market and enhance energy security for consumers, as it would guarantee steady supply of petroleum products at affordable prices.

The bulk purchase agreement incentive by Ardova and Heyden came on the heels of a drop in the pump price of petrol by the management of MRS Oil Nigeria Plc, which had previously entered into a similar agreement with Dangote Refinery.

As a result, MRS Oil lowered its fuel prices to N935 per litre across all its stations nationwide, addressing the long-standing issue of price disparities between states. Furthermore, MRS Oil’s stock surged to a new 52-week high recently, as investors became increasingly optimistic about the company’s future earnings prospects.

Reports indicate that the bulk purchase agreement with Dangote Petroleum Refinery had also enabled both Ardova and Heyden to secure a reliable and consistent supply of petroleum products from the world’s largest single-train refinery at competitive prices, benefiting consumers across the country.

The arrangement ensures that Ardova and Heyden will have access to a full range of refined products, thereby securing their operations with a reliable supply chain. Other petroleum markers, reports said, are keen on signing similar agreement with Dangote Refinery as soon as they are allowed to, as most of them have majority of their filing stations in Lagos close to Dangote Refinery.

After signing the agreement, Ardova Plc, it would be recalled, had in a statement underscored the importance of this agreement in fostering a more competitive environment within Nigeria’s downstream oil and gas sector.

The partnership with Dangote Refinery is poised to have a positive, transformative impact on Nigeria’s oil and gas market. By ensuring a stable and affordable supply of fuel products in the over 1,000 retail outlets of the two companies, the agreement will help to alleviate the recurring issue of fuel scarcity that has long plagued Nigeria.

 

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BREAKING: FG Drags El-Rufai to Court Over Alleged NSA Phone Interception

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By Yusuf Danjuma Yunusa

The Federal Government has filed criminal charges against former Kaduna State governor, Nasir El-Rufai, over alleged unlawful interception of communications belonging to the National Security Adviser, Nuhu Ribadu.

The charge, marked C2/99/2026 and dated February 16, 2026, lists the Federal Republic of Nigeria as the complainant and El-Rufai as the sole defendant.

According to court documents obtained by our correspondent, the prosecution alleged that during an appearance on Arise TV’s Prime Time programme in Abuja on February 13, 2026, El-Rufai admitted that he and others unlawfully intercepted the phone communications of the National Security Adviser.

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In count one, the Federal Government contends that the alleged admission constitutes an offence under Section 12(1) of the Cybercrimes (Prohibition, Prevention, etc.) Amendment Act, 2024.

Count two accuses the former governor of stating during the same interview that he knew and associated with individuals involved in the alleged interception but failed to report them to appropriate security agencies, contrary to Section 27(b) of the Cybercrimes Amendment Act, 2024.

The third count alleges that El-Rufai and others said to be at large, sometime in 2026 in Abuja, used technical equipment or systems to unlawfully intercept the National Security Adviser’s communications. The prosecution argues that the act compromised public safety and national security, contrary to Section 131(2) of the Nigerian Communications Act, 2003.

As of press time, no date had been fixed for arraignment. Efforts to reach El-Rufai’s legal team for comment were ongoing.

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El-Rufai Writes NSA, Demands Explanation on Alleged Procurement of Deadly Poison to Nigeria

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By Yusuf Danjuma Yunusa

Former Kaduna State Governor, Nasir Ahmad El-Rufai, has formally requested clarification from the Office of the National Security Adviser (ONSA) regarding the alleged procurement of a highly toxic chemical substance, Thallium Sulphate.

In a letter dated January 30, 2026, and addressed to National Security Adviser (NSA) Nuhu Ribadu, El-Rufai stated he was acting “as a concerned citizen” to seek details about what he described as the procurement of approximately 10 kilograms of the substance, reportedly sourced from a supplier in Poland. The letter was received by ONSA on February 11, 2026.

According to Science Direct, Thallium sulfate is an extremely hazardous substance. It is a tasteless, odourless, and colourless crystalline powder historically used as a potent rodenticide and insecticide. Due to its extreme toxicity—with a fatal human dose estimated to be as low as 8 to 12 milligrammes per kilogramme—its use is tightly restricted or banned in many countries. The chemical mimics potassium in the body, leading to severe nervous system damage, hair loss, and potentially death.

The letter, titled “Request for Clarification on the Procurement of Thallium Sulphate,” raises several critical questions regarding the purpose, regulatory compliance, and safety measures surrounding the reported acquisition.

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El-Rufai wrote that he was seeking clarification as a concerned citizen based on information available to the political opposition leadership about a procurement of approximately 10 kilogrammes of Thallium Sulphate by ONSA, reportedly from a supplier in Poland. Highlighting the grave danger posed by the substance, he stressed the need for transparency, noting that because thallium salts are highly toxic and tightly controlled substances, it was important for public safety, democratic accountability, and maintaining public trust to confirm specific details.

He therefore sought clarification on the intended purpose and end-use of the imported Thallium Sulphate, the supplier’s identity, and whether the material was imported under an existing chemical or defence permit. He also requested information on the total quantity and specific form or concentration being procured or already procured, as well as the storage and security arrangements for the material upon arrival.

Furthermore, he asked about the regulatory oversight and coordination with NAFDAC, NCDC, and relevant public-health and environmental agencies, and whether any public-health risk assessments or hazard-mitigation plans had been developed given the compound’s extreme toxicity.

El-Rufai emphasised that his inquiry was made in good faith, with the sole aim of ensuring due process and transparency, rather than inflaming political tensions. He stated that public confidence in the integrity of national institutions is strengthened when potential risks are openly addressed and managed.

The former governor requested continued dialogue with the NSA’s office on the matter and expressed appreciation for a response or a point of contact within the office for further engagement to reassure concerned Nigerian citizens in the opposition.

In a move underscoring the demand for transparency, El-Rufai copied the correspondence to the Directors-General of the National Agency for Food and Drug Administration and Control (NAFDAC) and the Nigeria Centre for Disease Control (NCDC), as well as the National Chairmen of the African Democratic Congress (ADC) and the Peoples Democratic Party (PDP).

The inquiry comes amid recent political tension, following claims by the former governor that NSA Ribadu ordered his arrest, an incident that led to a recent altercation at the Nnamdi Azikiwe International Airport in Abuja. It also follows El-Rufai’s assertion that an individual had intercepted a phone conversation confirming the NSA’s involvement in the alleged arrest attempt.

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Dangote Salt Rewards 50 Outstanding Customers with Trucks, Cash Gifts

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NASCON Allied Industries Plc, also known as Dangote Salt, has rewarded 50 outstanding customers with Trucks and cash gifts worth billions of naira, for their loyalty and commitment in selling of its various products.

The lucky Distributors and customers were honoured at the seasoning giant’s 2025 Customers Dinner and Awards Night attended by Africa’s foremost industrialist and President of Dangote Group, Aliko Dangote, and Vice President, Olakunle Alake.

NASCON Allied Industries Plc, a subsidiary of Dangote Industries Limited, is a Nigerian company and manufacturer of Refined Salt and Dangote Classic Seasonings.

Speaking at the event, Thursday in Abuja, The group President, Mr. Aliko Dangote said the Customer Awards Night publicly acknowledges the company’s core value of Customer Service and aligns with its vision of being a world-class consumer goods company.
The President also commended the company’s Board chairman, management and staff for their unwavering dedication, professionalism, and consistent contributions to the organization’s growth and sustained market leadership.

He noted that their commitment to excellence, operational efficiency, and strong work ethic has continued to strengthen the company’s reputation and drive its long-term success.

He said: “Recognizing customers is not just good relationship management – it is good business. It sends a clear message to our people that customer service is truly one of our core values. Looking ahead, we will continue to invest in brand equity, supply chain efficiency, sustainability, and digital capabilities. But these investments only create value when they are aligned with customer realities. Your continued engagement and feedback remain critical.”
In his speech, Board Chairman of NASCON Allied Industries Plc and Dangote Group’s Vice President, Olakunle Alake said: “As a quoted company, we are accountable to shareholders, regulators and the investing public. But the confidence of thmarketmarket is ultimately rooted in the market performance, and market performance depends on customers who believe in our brands. “

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The Board Chairman said from the Board’s perspective, “customer service is not just a core value, it is a strategic asset.”

Mr. Alake described the Awards as a celebration of partnership, adding that success cannot be built in isolation.

The newly appointed Group Executive Director of the Dangote Refinery and Petrochemicals, Fatima Aliko Dangote, expressed her appreciation to customers for their enduring loyalty and continued trust in the brand.

She said this steadfast support has been a cornerstone of the company’s growth and success.

She said: “Each of you has demonstrated outstanding commitment to our brands, whether through sustained volume growth, market expansion, execution excellence, or long-standing loyalty. Your success is inseparable from our own.”

Speaking at the event, Mariya Aliko Dangote, recently appointed Group Executive Director, Commercial (Cement and Foods) at Dangote Industries Limited, noted that each of the award recipients has demonstrated exceptional loyalty and outstanding commitment to the company’s brands.

“I recently assumed the responsibility of our foods business in the capacity of Group Executive Director, Commercial operations, and one truth is already clear to me: our success is built with you and with your unwavering support,” she said.

She said true success is built from the market and feedback from customers.

The Managing Director of NASCON Allied Industries Plc, Aderemi Saka, stated that the central message of the awards night was to celebrate and appreciate the company’s customers, noting that the organization’s success is closely tied to the growth and prosperity of its customers.

Speaking on behalf of the awardees, Ali Balarabe, commended the Board, management, and staff of the company for their exceptional service and dedication.

Mr. Balarabe, who was rewarded with a 20-tonnage truck and cash credit expressed appreciation for the recognition, noting that it reflects the company’s commitment to excellence.

Balarabe further pledged to sustain his loyalty and continued support, promising to remain a steadfast and devoted customer in the years ahead.

Other customers who received truckload awards and cash credits include Alhaji Ibrahim Achida, Muabsa Integrated Services, Fanisau Enterprises, Idris Saleh Nigeria Limited, Sani Adamu Trader, and GIA Global Concept, among others.

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