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Spectrum of Oil Marketers Urges NMDPRA to Check Dangote’s Monopoly, Ensure Level Playing Field

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Engineer Saidu Aliyu MD NMPDRA

 

A coalition of oil marketers has called on the Nigeria Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) to enforce fair competition in the petroleum sector and prevent what they describe as monopolistic tendencies by the Dangote Refinery.

The marketers made this appeal while addressing journalists in Abuja, stressing that the Petroleum Industry Act (PIA) clearly outlines a value chain system that must be respected to guarantee efficiency and fairness in the industry.

According to them, the PIA stipulates a separation of duties across the petroleum value chain, with refiners, transporters, retailers, distributors, and facility owners each playing distinct roles. They argued that while the Act allows refineries or producers who cannot meet demand to import crude oil, this opportunity has been disproportionately granted to the Dangote Refinery alone.
“There is no way one refinery can supply petroleum to a country as vast as Nigeria,” the marketers stated. “What is required is a win-win situation where all licensed operators are allowed to contribute to national supply.”

The marketers expressed concern that Dangote Refinery’s dominance could undermine the principles of the PIA, which emphasizes competitive business practices and a level playing field. They warned that allowing one entity to act as refiner, transporter, and retailer contradicts the Act and risks destabilizing the sector.

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“It is not fair for one company to control every aspect of the chain,” they said. “Others have invested heavily, obtained licenses, paid taxes, and employed staff. They too deserve reasonable returns on their investments.”

Highlighting the complexity of the petroleum industry, the marketers noted that the sector is divided into upstream, midstream, and downstream streams, each with its own value chain. They cautioned that sidelining other players could create serious setbacks and jeopardize energy security.

“The petroleum business is dicey. If one part of the chain is removed, the entire system suffers. That is why the PIA insists on inclusivity and fairness,” they explained.

The marketers urged the Chief Executive officer of NMDPRA, Engineer Saidu Aliyu, to fulfill his mandate as chief regulator by ensuring competition and protecting the interests of all investors.

“The Petroleum Industry Act is not a favour; it is an Act of the National Assembly. It guarantees that whoever invests in the sector should enjoy reasonable returns. The regulator must enforce this to prevent monopoly and ensure a win-win situation for all stakeholders,” they concluded.

We are very confident that Engineer Saidu Aliyu came with the intention to sanitize the sector and rescue it from the clutches of monopoly, and we are very assured he can do so.

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President Tinubu Departs Jeddah for Abuja After Completing Umrah

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By Yusuf Danjuma Yunusa

President Bola Ahmed Tinubu, on Wednesday, departed from King Abdulaziz International Airport in Jeddah, Saudi Arabia, for Abuja, following the successful completion of his Umrah pilgrimage in the holy city of Makkah.

Accompanying Mr Tinubu to the airport were the Deputy Governor of the Makkah Region, Saud bin Mishaal bin Abdulaziz Al Saud; Nigeria’s Ambassador to Saudi Arabia, Yakubu Gambo and the Consul-General, Muazam Ibrahim Nayaya.

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Before Mr Tinubu’s departure, he had a brief meeting with Mr Mishaal bin Abdulaziz Al Saud at the Royal Guest Palace at the airport.

While in Saudi Arabia, Mr Tinubu, alongside members of the Nigerian delegation, performed the Umrah rites, including circumambulating the Holy Ka’aba. On Sunday, Mr Tinubu was granted the rare privilege of entering the sacred structure, where he and members of his delegation performed two raka’at prayers.

Mr Tinubu expressed his gratitude to the Custodian of the Two Holy Mosques, King Salman bin Abdulaziz Al Saud and Crown Prince Mohammed bin Salman for the special courtesies and hospitality extended to him and the Nigerian delegation, particularly the privilege of accessing the Holy Ka’aba to offer prayers.

Members of Bola Ahmed Tinubu, on Wednesday, departed from King Abdulaziz International Airport in Jeddah, Saudi Arabia, for Abuja, following the successful entourage included the National Security Adviser, Nuhu Ribadu, and the governors of Sokoto, Jigawa, Kaduna, Borno and Yobe states, among others.

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2027: Atiku Kicks off Campaign in Sokoto

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By Yusuf Danjuma Yunusa

The African Democratic Congress (ADC) kicked off its presidential campaign rally for the 2027 presidential election in Sokoto State on Wednesday with crowd welcoming the party’s presidential candidate, Atiku Abubakar.

The party said thousands of supporters lined the route from Sultan Muhammad III International Airport to its state secretariat, where Atiku’s campaign rally was held.

In a statement issued on Wednesday, Phrank Shaibu, Director of Strategic Communication of the ADC Presidential Campaign Council, said the former vice president’s motorcade took about three and a half hours to reach the rally venue due to the large turnout.

He said residents, including youths, women and elderly people, abandoned their businesses and other daily activities to join the procession and welcome the ADC candidate.

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The campaign council described the turnout as spontaneous, dismissing suggestions that the crowd was mobilised through financial inducements.

It said the reception demonstrated growing support for Atiku’s promise to address the economic difficulties facing Nigerians, particularly the rising costs of food, transportation, fuel and other essential commodities.Nigeria travel guide

The ADC also accused the Sokoto State Government of frustrating its campaign activities by denying the party access to public facilities requested for the rally.

According to the campaign council, the alleged restrictions did not discourage supporters but rather heightened public resentment and strengthened the party’s mobilisation.

“The federal government and its APC allies should understand that denying people a venue cannot suppress their political choices. In Sokoto, those efforts backfired: the people came out in even greater numbers and made their voices heard,” the statement said.

At the rally, Atiku reiterated his commitment to addressing the cost-of-living crisis and restoring economic stability for households and businesses, according to the campaign council.

The former vice president proposed a targeted, production-based subsidy for qualifying petroleum products refined locally as part of his economic agenda.

The council said the proposed policy would link government support to domestic production, reduce fuel costs and ease the impact of high transportation and energy expenses on food prices and household budgets.

It said the proposal was designed to encourage local production while providing relief to Nigerians struggling with the removal of petroleum subsidy.Nigeria travel guide

The campaign council maintained that the ADC’s economic agenda was centred on making essential goods and services affordable, supporting local industries and addressing the hardship experienced by ordinary Nigerians.

“When you have a message that connects with the people, you do not need to rent a crowd. The people show up on their own,” Mr Shaibu said.

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Abdul El-Sayed Becomes First Muslim Senator in U.S.

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By Yusuf Danjuma Yunusa

Abdul El-Sayed, a Democrat, has become the first Muslim senator in the U.S. after securing 2.2 million votes in Michigan, about 52 per cent, to defeat Republican candidate Mike Rogers and Libertarian Lydia Christensen.

Mr El-Sayed, 42, an immigrant born to Egyptian parents, fought a hard-won victory given his candidacy was highly scrutinised over his ties to Islam and open rebuke of Israel.

Results showed Mr El-Sayed led with 52 per cent, the GOP candidate scored 46.1 per cent, and Ms Christensen got one per cent of total votes cast.

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Mr El-Sayed’s candidacy struggled after Haley Stevens, a Democratic candidate he defeated in the primary, withdrew her support two days before the midterm polls.

Mrs Stevens endorsed the Republican candidate, saying she could no longer support Mr El-Sayed over what she described as anti-semitism. She asked Mr El-Sayed to condemn an advertisement promoting his candidacy, which blamed U.S. support for Israel for rising cost of goods and the war in Iran.

Mr El-Sayed declined and publicly uninvited her from a joint appearance they were scheduled to have in Detroit. Ms Stevens withdrew her support two nights before the election.

The move stunned Democrats who viewed her actions as a betrayal to the party. But her clout appeared limited with Mr El-Sayed’s victory at the polls.

Former President Barack Obama campaigned for Mr El-Sayed in Michigan, a presidential battleground where President Donald Trump won by 1.4 points to defeat Kamala Harris in November 2024.

Senator Gary Peters, the incumbent Michigan senator, will retire after his term expires in January, when Mr El-Sayed is scheduled to be sworn in.

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