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Refinery saga: NNPC supplies insufficient crude oil to us- Dangote

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Alhaji Aliko Dangote

 

 

 

 

Amidst lingering crisis, Dangote Refinery has revealed that the Nigeria National Petroleum Company Limited, NNPC, is supplying insufficient crude oil for its production demand, hence it is planning to source from brazil and America.

The President of Dangote Group, Aliko Dangote and the Nigerian Midstream and Downstream Petroleum Regulatory Authority, NMDPRA, alongside NNPCL, had been locked in a dispute, ranging from monopoly allegations to supply of crude for the refinery, substandard fuel imports and ownership of blending plants in Malta.

However, Dangote, in a new revelation, said for the $20 billion refinery to meet its production demand, it must look for other sources of crude oil supply overseas as the NNPCL allocation is insufficient.

He said the refinery, which has the capacity of refining 650,000 per day, could not defend on short supply from the Nigeria’s oil company.

Rabiu A. Umar, Group Chief Commercial Officer, Dangote Industries Limited, told newsmen in Kano on Friday that NNPC supplies only 33 percent of of crude to the refinery, disclosing that it had to look elsewhere to source the remaining 67 percent to meet its production capacity.

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According to Umar, the refinery had concluded plans to supply crude oil from Brazil and America by August.

“First of all the refinery is here in Nigeria. We have the crude oil here in Nigeria. We thought we would get the crude oil here and refined it here in our refinery for the benefit of the country and the citizens.

“Ironically, the country takes the crude oil overseas for refining while we have a refinery, one of the biggest in the world.

“So, we will not stay idle. We have to look for other sources to meet our production capacity. If we get the crude oil supply here in the country we have no reason to go overseas.

“Even now, we are planning to supply crude oil from countries like Brazil and USA,” he said.

He said the refinery had commenced supplies to foreign countries since February, disclosing that they receive orders from different countries for supply, especially aviation fuel.

The Chief Commercial Officer also revealed that the refinery needs 15 cargos of crude oil in September but NNPCL promised only 5 to it, lamenting that they see the government’s lackadaisical actions towards the refinery as sabotage.

According to him, the refinery should be celebrated and embraced by the government rather than painting it black as it is the biggest employer of labour with over 50,000 workers at the moment.

He emphasized that against the government’s false narratives, the refinery had started on a positive note as the quality of its refined products are would standard.

He said even the House of Representatives, under the leadership of the its speaker, visited the refinery, saw the difference and was satisfied with the quality of the products.

The official also said, “we are here to defend ourselves and all the government narratives are not true. We urge the people to take samples of our products to ascertain their quality.

“We will not be deterred by the government’s criticism. We will continue until we reach the promised land.

A business analyst in Kano, Abdussalam Kani, on his part demanded for apology to Dangote by the federal government and the national Assembly.

He also levelled the NMDPRA boss, Ahmed Farouk’s comments against the refinery treasonable offence that deserve punishment .

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ADC Accuses APC of Avoiding Performance Record, Shifting Focus to Personalities Ahead of 2027

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By Yusuf Danjuma Yunusa

The African Democratic Congress (ADC) has accused the ruling All Progressives Congress (APC) of attempting to divert public attention from its economic and security record by obsessively focusing on opposition candidate Atiku Abubakar and former President Olusegun Obasanjo’s personal opinions.

In a statement issued Monday, ADC National Publicity Secretary Mallam Bolaji Abdullahi said the APC’s response to recent criticism from Catholic Bishops reveals a party unable to defend its governance record.

“The APC wants the 2027 election to be about personalities because it cannot defend its performance,” Abdullahi said. “They want this election to be about Obasanjo’s personal opinion of Atiku based on a distant past because they cannot defend Bola Ahmed Tinubu’s record based on current performance.”

The statement comes after Catholic Bishops reportedly raised concerns about worsening poverty, insecurity, and the rising cost of living during a recent meeting with President Tinubu. The ADC accused the ruling party of attacking the Bishops rather than addressing their substantive concerns.

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“Whenever respected Nigerians point to the deepening poverty, worsening insecurity, rising cost of living, or the collapse of public confidence under this administration, the APC never answers for its record,” Abdullahi said. “Instead, it looks for someone to attack. Yesterday, it was the Catholic Bishops. Today, it is Alhaji Atiku Abubakar. Tomorrow, it will be someone else.”

The ADC challenged the APC government to answer specific questions about its economic management, including why food prices continue to soar despite proclaimed economic growth, why poverty has deepened, and why the government is spending 69% of revenue on debt servicing—a figure the World Bank has described as dangerously high.

The party also defended Atiku Abubakar’s record as Vice President under Obasanjo, noting that Nigeria experienced stronger economic growth and greater macroeconomic stability during that period.

“While President Obasanjo was in office, with Alhaji Atiku Abubakar serving as Vice President and Chairman of the National Economic Council, Nigeria experienced stronger economic growth, greater macroeconomic stability, stronger investor confidence, and a far more affordable cost of living than Nigerians endure today,” the statement read.

“Whatever political differences may now exist between the two men, that record remains a matter of public history and cannot be erased.”

The APC had not issued an official response to the ADC’s allegations at the time of this report. However, party officials have previously dismissed opposition criticism as politically motivated.

Political analysts note that the exchange reflects an intensifying campaign season, with both parties already positioning themselves for the 2027 presidential election. The ADC, while a smaller opposition party, has sought to align itself with the broader critique of the APC’s economic policies under President Tinubu.

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Atiku Fires Back at the Presidency: “767 Factories Shut, 335 Others in Distress Under Tinubu”

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By Yusuf Danjuma Yunusa

Former Vice-President Atiku Abubakar has accused the Tinubu administration of presiding over an increasingly hostile business environment, alleging that 767 factories had shut down while another 335 were operating under severe distress.

Mr Atiku said the closures and difficulties facing manufacturers contradicted the Federal Government’s claims that its economic reforms were restoring growth and improving the business environment.

The former vice-president, who is the presidential candidate of the African Democratic Congress, ADC, stated this in a response to the Presidency’s defence of President Bola Tinubu’s economic record.

In a statement issued by his Senior Special Assistant on Public Communication, Phrank Shaibu, Mr Atiku said the government’s claims of economic prosperity existed largely in official statements and had not been reflected in the experiences of businesses and ordinary Nigerians.

He said the administration was celebrating Gross Domestic Product, GDP, growth and other macroeconomic indicators while manufacturers, small businesses and households faced rising operating costs and declining purchasing power.

“The Presidency proudly announced that Nigeria’s GDP has increased significantly since the exchange-rate adjustment. We ask a simple question: Has the purchasing power of the average Nigerian increased?” Mr Atiku said.

“Are manufacturers paying less for energy? Have small businesses become more profitable? The answer, tragically, is no.”

He said the closure of hundreds of factories and the distress faced by many others reflected the pressure created by high energy costs, multiple taxes, expensive logistics, rising electricity tariffs and weak consumer demand.

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Mr Atiku argued that government policies could not be described as successful if they increased public revenue while reducing the productive capacity of the economy.

“Government cannot tax its way into prosperity while simultaneously shrinking the productive capacity of the economy,” he said.

“Manufacturers are battling record energy costs. Small businesses face multiple taxes, rising electricity tariffs, escalating logistics expenses and declining consumer demand.”

The former vice-president said tax reforms should be designed to encourage production, create jobs and expand the tax base rather than place additional pressure on struggling businesses.

“A tax reform that expands government revenue while ordinary citizens become poorer cannot honestly be described as progressive,” he said.

He added that successful tax systems were built on productivity and economic growth, not by extracting more revenue from businesses and households already facing financial pressure.

Mr Atiku also questioned the government’s borrowing policy, saying the debate should not focus solely on Nigeria’s debt-to-GDP ratio but on the economic value generated by borrowed funds.

“No serious economist argues that borrowing is inherently wrong. Nations borrow. The real question is this: what has Nigeria obtained in return for the unprecedented debts accumulated under this administration?” he asked.

He said Nigerians had a right to demand evidence that borrowed funds were being used to improve infrastructure, create jobs, strengthen public services and raise living standards.

Mr Atiku noted that businesses continued to spend heavily on alternative sources of electricity, while high logistics costs and poor infrastructure remained major obstacles to production.

“After record borrowing and record budgets, businesses are still forced to spend enormous sums generating their own electricity,” he said.

“Logistics costs remain among the highest in Africa. Manufacturers continue to struggle under crushing operating costs, while many roads remain in deplorable condition.”

The former vice-president said infrastructure should be assessed by its economic impact rather than the number of projects announced or commissioned by the government.

“Every administration announces projects. Nigerians are interested in completed projects that reduce the cost of doing business, improve mobility, guarantee stable electricity and stimulate economic growth,” he said.

Mr Atiku also challenged the Presidency’s explanation concerning crude-backed financing arrangements, arguing that the government had admitted that future oil earnings had been committed in ways that limited the country’s ability to benefit from favourable crude oil prices.

He said Nigerians deserved full disclosure on the terms of such arrangements, including the volume of crude committed, repayment conditions, funds received and projects financed.

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Presidency Sets Seven-Week Deadline for State Police Bill Draft

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By Yusuf Danjuma Yunusa

The presidency has officially set a seven-week timeline for the completion of the draft executive bill on state policing, with the proposed legislation expected to reach President Bola Tinubu for review by September 3, 2026.

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Femi Gbajabiamila, chairman of the presidential working group on the national policing bill, disclosed the schedule on Monday, confirming that the draft will be formally transmitted to the president exactly seven weeks from now.

Gbajabiamila’s announcement underscores the administration’s accelerated push to overhaul Nigeria’s centralized policing structure, a reform initiative that has gained significant traction amid growing calls for decentralized security architecture to address the nation’s complex law enforcement challenges.

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