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Dangote’s Single Train Refinery, Epileptic Pricing Will Throw Nigeria Into Major Economic Crisis – Spectrum of Marketers

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A spectrum of marketers across the downstream oil industry, along with industry watchers, analysts and unions have expressed concerns about the incessant price instability and uncertainty in the supply, distribution, and retailing of petroleum products across the country. This worrisome trend is creating panic in the industry.

This situation is evolving as a result of underlying structural factors bedevilling the industry over the last year.

The industry watchers raised alarm over what they described as the looming danger posed by Dangote Refinery’s single-train structure and unstable pricing regime, warning that Nigeria could be plunged into a major economic crisis if urgent corrective measures are not taken.

Speaking exclusively to the press, an array of marketers noted that Dangote Refinery’s current operational model and pricing practices are inconsistent with the amended Petroleum Industry Act (PIA) and risks destabilizing the nation’s petroleum supply chain.

Concerns Over Pricing Fluctuations
On their part Independent marketers highlighted recent confusion in the petroleum industry, noting that the refinery’s ex-depot price jumped from ₦699 to ₦799, while pump prices have epileptically jumped from ₦731 to ₦920. They described this as “epileptic pricing” that creates uncertainty for marketers and consumers alike.

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Allegations of Anti-Competitive Practices
ThoseSome analysts and watchers have accused the Dangote Refinery of engaging in restrictive business practices, including monopolistic tendencies that can pose as barriers to entry for other players. They warned that such anti-competitive behaviour discourages investment, creates price wars, and ultimately undermines the sustainability of the petroleum sector.

“Petroleum is a macro product; its behavior affects all other products, including food. If competition laws and PIA provisions are not strictly enforced, businesses will collapse and the economy will suffer,” they cautioned.

They noted that Dangote’s refinery, with its 650,000 barrels per day capacity, operates as a single-train facility, meaning the entire output depends on one processing line. They explained that this design leaves the refinery vulnerable to disruptions, as any technical fault could halt production entirely.

“The catalytic unit is already down. This shows the danger of relying on a single train. Nigeria requires about 70 million litres per day according to updates by NMPDRA, but Dangote is currently supplying less than 35 million litres. This shortfall exposes the country to energy crises,” they said.

The Unions urged the federal government and the National Assembly to enforce strict compliance with PIA laws, stressing that the legislation was designed to ensure a “win-win” situation for all stakeholders in the petroleum industry.

They also noted that unless the refinery adopts a multi-train structure and pricing transparency, Nigeria’s petroleum supply-demand balance could collapse, triggering wider economic instability.

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Jonathan Urges National Assembly to Overhaul Electoral Litigation Process, Create Specialised Court

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Good Luck Ebele Jonathan

 

By Yusuf Danjuma Yunusa

Former President Goodluck Jonathan has called on the National Assembly to overhaul Nigeria’s electoral litigation process by establishing a specialised constitutional court to handle election disputes.

Speaking on Wednesday in Abuja at the 70th birthday and book launch of Senator Gbenga Daniel (APC, Ogun East), Mr. Jonathan argued that a dedicated court would reduce the strain on the political system by resolving election-related cases in a single phase.

He criticised the current three-tier system for governorship disputes—moving from a tribunal to the Court of Appeal and finally to the Supreme Court—as ineffective and unnecessarily prolonged.

Recalling a landmark case from 2011, Jonathan highlighted how technicalities have historically undermined electoral justice. “I remember a particular case where someone lost an election as a governor because the law then stipulated the use of red ink to tick voters’ names,” he said.

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“In an entire senatorial district, they were not provided with red pens and used available black or green pens. As a result, those votes were cancelled. The Appeal Court upheld this, even though the lower tribunal felt that a tick is a tick.”

While acknowledging that the National Assembly later amended the law to allow governorship cases to reach the Supreme Court—specifically to prevent such injustices—Jonathan noted that the amendment failed to address the length of the litigation process.

The former president urged Nigeria to draw lessons from Francophone African countries, which employ specialised constitutional courts for political matters. He proposed that if the Supreme Court must remain the final arbiter for governorship elections, the lower tribunal stage should be eliminated entirely.

“I believe the ideal thing to do, which I was considering when I was in office, was to make sure that it’s only one tribunal that listens to any litigation relating to politics. This is done, especially in the Francophone countries in Africa. They have constitutional courts. Anything about elections, only the constitutional courts take decisions,” Jonathan explained.

He also challenged the judiciary to exercise firmness in its rulings, drawing an analogy to football. “Politics is like soccer, and the judges are the referees. If the referee looks the other way, players will break legs or score with their hands,” he added.

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ADC Defies INEC, Vows to Proceed with Congresses Amid Leadership Crisis

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By Yusuf Danjuma Yunusa

Nigeria’s African Democratic Congress (ADC) has declared it will go ahead with its scheduled congresses and national convention, defying the Independent National Electoral Commission’s (INEC) decision to suspend recognition of the party’s leadership.

The party’s National Publicity Secretary, Bolaji Abdullahi, insisted that the ADC has fulfilled all legal requirements, having formally notified the electoral body of its planned events.

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“We will go ahead with our congresses. We have given INEC 21 days’ notice, they have accepted. Whether they come or not, we will continue with our congresses and our convention,” Abdullahi said during an interview on Arise TV.

His remarks come just days after INEC announced it would withhold recognition of the ADC’s leadership pending the outcome of a court case related to an internal dispute within the party.

The standoff sets the stage for a potential clash between the electoral commission and the opposition party, raising fresh questions about party governance, internal democracy, and the legal limits of INEC’s oversight powers in Nigeria.

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ADC Rejects INEC’s Ruling Interpretation, Vows to Clarify Contradictions

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By Yusuf Danjuma Yunusa

The African Democratic Congress (ADC) has sharply criticized the Independent National Electoral Commission (INEC) over its interpretation of a recent Court of Appeal statement, alleging that the commission has abandoned its neutrality by siding with the federal government.

In a press release issued on Wednesday, the ADC’s National Publicity Secretary, Mallam Bolaji Abdullahi, rejected INEC’s position, describing it as “contradictory and inconsistent with facts.” The party claimed that INEC was acting under pressure from a government it characterized as “jittery” due to the ADC’s growing momentum.

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“We reject INEC’s interpretation of the Court of Appeal ruling,” the statement read. “We knew that INEC was being pressured by a government that has become jittery from the ADC’s rising momentum even in the face of its relentless assault on all opposition parties.”

The ADC accused the electoral commission of caving to political pressure, asserting that it has effectively chosen to align with the government against the Nigerian people. The party vowed to publicly clarify what it called the contradictions in INEC’s statement.

According to the release, the ADC is currently reviewing its legal and political options and will announce its next steps in the coming days. The party urged its members and the public to remain steadfast.

“We are currently reviewing our options, and we shall make these known soon. Meanwhile, we call on our members and all Nigerians to remain steadfast as they await further directives,” the statement concluded, adding the slogans: “Nigeria is rising. ADC is rising.”

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