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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.”

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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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Hon. Lanre Oladebo Felicitates Hon. Abdulmumin Jibrin Kofa on His 50th Birthday

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The Member of the House of Representatives representing Ayedaade/Irewole/Isokan Federal Constituency, Hon. Lanre Omoleye Oladebo, has congratulated the Chairman of the House Committee on Housing and Habitat, Hon. Abdulmumin Jibrin Kofa, on the occasion of his 50th birthday.

In a congratulatory message, Hon. Oladebo described Hon. Abdulmumin Jibrin Kofa as a distinguished parliamentarian, accomplished public servant and valued colleague whose dedication to legislative duties and commitment to national development remain worthy of commendation.

He noted that attaining the age of 50 is a remarkable milestone, providing an opportunity to reflect on a life defined by service, achievements, leadership and meaningful contributions to society.

Hon. Oladebo also expressed his personal appreciation for the celebrant’s friendship, collegiality and commitment to the business of legislation, noting that his wealth of experience, intellectual capacity and dedication continue to add significant value to the National Assembly.

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The statement reads:

It is with great pleasure that I join your family, friends, colleagues and well-wishers in celebrating you as you attain this remarkable milestone of 50 years.

Your journey has been marked by dedication, resilience, intellectual capacity and an unwavering commitment to public service. Beyond being a distinguished parliamentarian, you have been a dependable colleague and a leader whose friendship I deeply value.

As you celebrate your Golden Jubilee, I pray that Almighty God grants you renewed strength, sound health, greater wisdom and abundant grace to continue your service to humanity and our dear nation.

May this new chapter of your life bring you greater accomplishments, fulfilment and lasting impact. May the years ahead be even more rewarding than those behind you.

“Happy 50th birthday, my dear Chairman and distinguished colleague. I wish you many more years of good health, happiness, peace and impactful service.”

Signed:
The Media Team
Office of Hon. Lanre Omoleye Oladebo

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Akpabio Petitions DSS, Demands Probe Into ‘Anti-north Statement’ Attributed to Him on Social Media

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By Yusuf Danjuma Yunusa

Senate President Godswill Akpabio has asked the Department of State Services (DSS) to investigate an alleged anti-north statement attributed to him and circulated on social media.

The petition to the DSS was written on behalf of the senate president by Chinedu Akubueze, his chief of staff.

According to the petition, Akubueze called for an urgent investigation into the creation and coordinated dissemination on Facebook and other digital platforms of what he described as a “manifestly false, inflammatory and dangerously divisive statement” attributed to Akpabio.

The alleged statement, circulated alongside Akpabio’s photograph and designation, reads: “Northerners, You Will Be the Ones to Suffer the Most, If You Allow Tinubu to Lose the Election”.

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Akpabio’s chief of staff maintained that the senate president “did not make this statement”.

He said no date, venue, speech, interview, video, audio recording, official statement or credible news report had been produced to authenticate the alleged remark.

“The graphic carries no identifiable publisher’s mark or verifiable source,” the petition reads.

“It appears to have been deliberately manufactured and presented as an authentic quotation for the purpose of deceiving the public, provoking regional resentment against the President of the Senate and portraying him as threatening the people of Northern Nigeria.”

According to the petition, a preliminary examination of publicly accessible Facebook records identified some of the earliest traceable accounts that amplified the alleged fabricated graphic.

It listed Abdullai Musa, who reportedly posted the graphic in a Facebook group called Sheikh Muhammad bin Uthman Group 24, and Uzoma Chilaka, whose Facebook post reproduced the graphic alongside commentary credited to Boniface Uzoma Chilaka and Engineer Ibrahim Umar Ammar.

The petition said the individuals should not be presumed guilty before an investigation but described them as “material persons of interest” because of their alleged roles in circulating the material.

“Their publication records, device communications and the provenance of the image should, therefore, be investigated in accordance with the laws,” it said.

In the petition, Akubueze urged the DSS to investigate the source of the graphic and identify its designer, original uploader, sponsors, intermediaries and network through which it was distributed.

He said the investigation was necessary to establish the circumstances surrounding the creation and circulation of the alleged statement and prevent further dissemination of what he described as inflammatory content.

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NFF Appoints Eguavoen as Interim Head Coach of Super Falcons

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By Yusuf Danjuma Yunusa

Augustine Eguavoen has been appointed the interim head coach of the Super Falcons.

The former Super Eagles head coach will lead the Falcons for their 2028 Olympic Games double-legged qualifier against Comoros in October.

Eguavoen will be assisted by Christopher Danjuma, head coach of Nasarawa Amazons, alongside a supporting cast that includes Ayisat Yusuf, a former Super Falcons defender; Olatunji Baruwa, former Super Eagles goalkeeper trainer.

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The Falcons will kick off their Olympic qualifying campaign in the second round against Comoros, with both legs taking place at the Remo Stars Stadium in Ikenne-Remo on October 9 and 13.

Nigeria had received a bye into the second round as one of the top-ranked teams, while Comoros qualified after a 30-0 aggregate victory over Sudan.

Falcons must navigate four rounds of two-legged knockout ties to secure of Africa’s two slots for the women’s football event at the Olympics. A win over Comoros will advance the team to the third round in early 2027 to face either DR Congo or Morocco.

Eguavoen will be handling women’s football team for the first time in his managerial career.

His appointment comes a few weeks after Justine Madugu was sacked as Falcons’ head coach alongside his technical crew.

The dismal follows the Falcons failure to qualify for the 2027 women’s World Cup.

The first time the team will miss the World Cup since its inception in 1991.

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