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Nigeria’s Dangote Refinery Will Transform our Downstream Sector, Says Ghana Petroleum Authority

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Aliko Dangote

Chief Executive Officer, of the National Petroleum Authority (NPA) of Ghana, Mustapha Abdul-Hamid, said the coming onstream of 650,000 barrels-per-day (bpd) Dangote Petroleum Refinery will transform the Ghanaian downstream sector through the reduction in the cost of importation of petroleum products into Ghana.

Speaking at the 16th Oil Trading and Logistics Expo in Lagos with the theme: “Regulating Downstream Energy Transition in Dynamic Times”, Abdul-Hamid said the completion of the Dangote Petroleum Refinery project would be a breakthrough for the West African region which has for a long time depended on importation of petroleum products.

According to him, Ghana is presently facing the challenge of continuous rise in the cost of petroleum products, adding that getting importers to turn their attention towards Nigeria, rather than going all the way to the Netherlands for petroleum products importation, would help his country stem the tide of a continuous increase in the price of fuel.

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He stated: “The Dangote Petroleum Refinery will have a huge impact on Ghana’s downstream sector. Right now, Ghana’s downstream industry is completely deregulated. There is no petrol subsidy in Ghana. For a deregulated market where the importers recover their costs fully, importing from Nigeria will certainly be more cost-effective and cheaper than importing from Rotterdam in the Netherlands where we get the bulk of our fuel in Ghana.

“As we all know, the price builds up for a liter of fuel will include the cost of shipment, transportation, insurance, and others, but if we are importing from Nigeria into Ghana, this will bring down the cost of fuel in our country. Ghanaians are very excited about the prospect of the Dangote Petroleum Refinery. Ghana had in the past built a good relationship where we get petroleum products from Nigeria at a reasonable and more affordable cost. I believe that the coming onstream of Dangote Petroleum Refinery will further strengthen the existing relationship between Nigeria and Ghana.”

Abdul-Hamid said the Ghanaian government was also developing a 60-billion-dollar petroleum hub project on 20,000 acres in the western part of the country for storage and marine facilities.

“All the above-mentioned projects will help accelerate the petroleum hub, consisting of refineries, and petrochemical development of the continent’s oil and gas resources, by connecting the downstream to the upstream. It will promote cleaner fossil fuels and biofuels as the pathway to a just energy transition. Gas has been accepted as the transition fuel because gas is the least carbon-emitting fossil fuel”, he added.

Speaking also at the event, Permanent Secretary, Ministry of Petroleum Resources, Nigeria, Gabriel Aduda said deregulation would increase transparency in the downstream sector of the petroleum industry. He said full deregulation would also create healthy competition among investors.

Aduda, who was represented by Mr. Augustine Okwudiafor, the Deputy Director, of Downstream Department, Federal Ministry of Petroleum Resources, noted that deregulation would give business guarantees to potential investors at the stage of conceptualisation. According to him, deregulation would significantly reduce, if not eradicate completely, the diversion and smuggling of petroleum products across Nigerian borders.

“All hands are on deck towards full deregulation of the downstream sector, as this will ensure commercialisation and liberalisation of the sector. It will also increase investment opportunities, create more jobs and promote a seamless energy transition. All these measures and many more will cushion the projected impact of downstream sector deregulation on consumers and the economy at large,” he said.

He further said data was key in the Oil and Gas Industry, and that any reliable and accurate data would give investors a certain level of assurance.

“Hence, the government is keen and determined to harmonise all downstream data across the relevant agencies and parastatals to eradicate data variations. The government, through the Ministry of Petroleum Resources, its agencies, and the Federal Ministry of Science and Technology, is considering enhanced technologies. They include Machine Learning (ML) and Artificial Intelligence (AI) to monitor and gather downstream data for effective policy formulation and investment guidance,” he said.

Aduda emphasised that oil also had a place in the energy transition space in the sense that oil could be made cleaner through the development and use of appropriate technologies. He said moving the downstream sector forward to that enviable position required collaborative efforts from all stakeholders. “I challenge you all to come along to move the downstream sector towards achieving the downstream we could all be proud of,” he added.

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End of an era: Reader’s Digest UK closes after 86 years

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Reader’s Digest UK has ceased operations after 86 years of publication. The monthly magazine, known for its health tips, financial advice, and recipes, closed due to the “unforgiving magazine publishing landscape” and the company’s inability to withstand the financial pressures.Once a market leader with a circulation of over 1 million copies per month in the UK in 2000, the publication’s readership had declined sharply in subsequent years, dropping to under 200,000 copies recently.The closure marks the end of an era for the iconic magazine, which was founded in the US in 1922 and first published in the UK in 1938.The editor-in-chief cited the “relentless change” in the media industry and the need for companies to “continuously seek out and implement innovations” to survive.The closure of Reader’s Digest UK serves as a cautionary tale about the importance of adaptability in the face of a rapidly evolving landscape.

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Air Chief Commends Kano Government’s Support for Security Operations

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The Chief of Air Staff, Air Vice Marshal, Hasan Bala Abubakar has applauded the support of Kano state government under the stewardship of Governor Abba Kabir Yusuf towards strengthening it’s operational mandate in the state.

In a statement issued by the Governor’s spokesperson Sunusi Bature, said Air Marshal Abubakar made the commendation on Thursday when he paid a courtesy visit to Governor Abba Kabir Yusuf at Government house in Kano.

The Chief of Air Staff disclosed the joint force of his troops with sister security agencies in combating internal security in Kano yielded tremendous successes and maintained peace and stability in the state.

Air Mashal Abubakar noted the impact of Nigerian Airforce personnel in several operations that led to arrest of bandits and kidnappers on wanted list of DSS in Kano. He reassured the state government of NAF readiness to sustain internal stability.

The Kano born Chief however raised concern over encroachment of NAF land and re-allocation of its property. Abubakar pleaded for restoration of the land dedicated for its future expansion.

He also craved the Governor’s support in connecting the Kano state water facility to the NAF Base in the state for access to water supply.

Responding, Governor, Alhaji Abba Kabir Yusuf pledged readiness to strength partnership with Nigerian Air Force in the discharge of its operational mandate of ensuring internal peace and stability in the state.

The Governor Yusuf disclosed the critical role of the Nigerian Airforce in securing the nation’s air security component and providing cover to the ground troops against the internal and external enemies.

The Governor stressed the contribution of Air Force and sister military agencies in sustaining stability in Kano, reassured his administration’s commitment to build on the institutional relationship.

He however sought the consideration for Kano indigene in the recruitment exercise of the Nigerian Air Force, indicating the large percentage of youth population in the state.

The Governor equally requested for the establishment of Air Force Girls Comprehensive Secondary in Kano to complement the existing Boys Comprehensive Secondary School which is located in Kwa, in Dawakin Tofa, a long Kano-Katsina express way.

According to him, ” The government of Kano is proud of you and we are proud of your appointment which was based on professionalism and track record. Kano is also proud of your efforts to tackle the security challenges especially the menace of kidnapers, bandits and other criminals.

” Since we took over the mantle of leadership, the administration has enjoyed tremendous relationship and support from Air Force and sister security agencies and that was responsible for the peace and stability in Kano.

” We assured you, our administration will sustain support to the airforce in Kano especially in the area of operation and welfare of your personel for optimum performance of your statutory mandate. We also want to request for special consideration of placement into the air force consider our population which is estimated at 25 million.

” It is also noteworthy to request the reture of Girls Comprehensive secondary school to Kano. We are aware the girls were relocated due to the security challenge. We are also in need of more personnel to strengthen human capacity of the troops in Kano” Gov. Yusuf noted.

 

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50 Civil Society Groups Criticize Withdrawal of Police at Kano Anti-Corruption Agency

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Civil society groups have raised concerns over the withdrawal of police personnel from the Kano State Public Complaints and Anti-Corruption Commission, criticizing the move during a press conference held in Abuja.

The groups said the withdrawal of approximately 40 police officers, responsible for security and investigative tasks, has not only hindered the commission’s work but also raised questions about the impartiality and independence of law enforcement agencies.

According to them the action is perceived as an attempt to impede ongoing corruption investigations involving Abdullahi Umar Ganduje, the National Chairman of the ruling All-Progressives Congress (APC) and former governor of Kano State.

The civil society groups have also issued recommendations to address corruption effectively in Nigeria.

They emphasize the need for autonomy and integrity within the judiciary, urging the National Judicial Council to monitor its members diligently.

They also call for transparency and accountability in governance, urging political parties to denounce and suspend members facing corruption allegations.

They also call for adequate resource allocation to anti-corruption agencies and also highlighted the essential to uphold their independence and efficiency.

Furthermore The groups called on religious leaders, community leaders, and opinion influencers to promote ethical behavior and combat corruption within their spheres of influence.

The reinstatement of police personnel withdrawn from the Kano State Anti-Corruption Commission are urged to facilitate the commission’s duties effectively.

The Civil society organizations also reaffirm their commitment to the fight against corruption and call for collective action to build a corruption-free Nigeria.

The withdrawal of police personnel from the Kano State Anti-Corruption Commission was allegedly ordered by the Inspector General of Police on April 25th. The move has sparked widespread criticism and calls for accountability in law enforcement actions related to anti-corruption efforts.

The groups are as follows

1. Civil Society Legislative Advocacy Centre (CISLAC)
2. Human and Environmental Development Agenda (HEDA Resource Centre)
3. Resource Centre for Human Rights and Civic Education (CHRICED)
4. Centre for Information Technology and Development (CITAD)
5. African Centre for Media & Information Literacy (AFRICMIL)
6. Borno Coalition for Democracy and Progress (BOCODEP)

7. BudgIT Foundation
8. Corporate Accountability and Public Participation Africa (CAPPA)
9. State of the Union (SOTU)
10. Tax Justice and Governance Platform
11.Transition Monitoring Group (TMG)
12.Women in Media Communication Initiative (WIM)
13.Zero Corruption Coalition (ZCC)
14.Alliance for Credible Elections (ACE)
15.Centre Democracy and Development (CDD)
16. Accountability Lab, Nigeria
17. Centre for Journalism Innovation and Development (CJID}
18.Say NO Campaign – Nigeria
19.Femi Falana Chamber
20.Health of Mother Earth Foundation (HOMEF)
21.Socio-Economic Rights and Accountability Project (SERAP)
22. Good Governance Team
23.21st Century Community Empowerment for Youth Initiative
24. OCCEN-Kano
25. Mothers and Marginalised Advocacy Centre ( MAMA Centre)
26.Social Action
27.Centre for Transparency Watch
28.West Africa Civil Society Forum WASCSOF
29.Global Rights
30 African Centre for Leadership, Strategy & Development (Centre LSD)
31.Partners West Africa
32.Order Paper
33.Say No Campaign
34 Environmental Rights Action/Friends of the Earth, Nigeria. ERA
35.Center for Fiscal Transparency and Public Integrity
36.Amnesty International Nigeria
37. RULAAC – Rule of Law and Accountability Advocacy Centre
38. Connected Development (CODE)
39. Centre for Democratic Research and Training (CRDDERT)
40. Praxis
41.CLEEN Foundation
42.Spaces for Change
43.Abuja School of Social and Political Thought
44.Yiaga Africa
45.Policy Alert
46.Socio Economic Research and Development Centre
47.Procurement Observation and Advocacy Initiative
48.Media Rights Agenda
49.MEDIA INITIATIVE FOR TRANSPARENCY IN EXTRACTIVE INDUSTRIES (MITEI)
50.Centre for Social Justice

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