The seven major oil marketers in Nigeria have registered with the Dangote Petroleum Refinery for the lifting and distribution of refined petroleum products produced by the $20bn plant.

Dealers under the aegis of the Major Oil Marketers Association of Nigeria confirmed on Sunday that with the registration, they would commence the distribution of fuel produced from the facility once the commercial terms are sorted.

This came as the Independent Petroleum Marketers Association of Nigeria also revealed that they would meet with the management of the Dangote refinery this week to discuss terms of product loading.

Similarly, the Petroleum Products Retail Outlets Owners Association of Nigeria stated that PETROAN had been engaging the management of the multi-billion dollar refinery for the supply of products from the facility.

As IPMAN and PETROAN engage the refinery, major marketers who are members of MOMAN have already registered with the plant and are set to start buying products.

The seven major marketers include 11 Plc, Conoil Plc, Ardova Plc, MRS Oil Nigeria Plc, OVH Energy Marketing Limited, Total Nigeria Plc and NNPC Retail.

On Friday, the Dangote Petroleum Refinery announced the commencement of production of Automotive Gas Oil, also known as diesel, and JetA1 or aviation fuel. 

The President of the Dangote Group, Aliko Dangote, had in a statement issued by the firm, thanked President Bola Tinubu for his support, encouragement, and thoughtful advice towards the actualisation of the project.

He also thanked the Nigerian National Petroleum Company Limited, Nigerian Upstream Petroleum Regulatory Commission, Nigerian Midstream and Downstream Petroleum Regulatory Authority, and Nigerians for their support and belief in the historic project.

“We have started the production of diesel and aviation fuel, and the products will be in the market within this month once we receive regulatory approvals. This is a big day for Nigeria. We are delighted to have reached this significant milestone.

“This is an important achievement for our country as it demonstrates our ability to develop and deliver large capital projects. This is a game changer for our country, and I am very fulfilled with the actualisation of this project,” Dangote stated.

The refinery, located in Lagos, has so far received six million barrels of crude oil at its two SPMs located 25km from the shore. The first crude delivery was done on December 12, 2023, and the 6th cargo was delivered on January 8, 2024.

The refinery can load 2,900 trucks a day at its truck-loading gantries. The products from the refinery will conform to Euro V specifications, according to the firm.

“The refinery design complies with the World Bank, US EPA, European emission norms, and Department of Petroleum Resources emission/effluent norms, employing state-of-the-art technology,” the company stated.

The Dangote Petroleum Refinery and Petrochemical Project, a subsidiary of Dangote Industries Limited, is a 650,000 barrels per day crude oil refinery, located in Dangote Industries Free Zone, Ibeju-Lekki, Lagos, Nigeria.

The Dangote Petroleum Refinery is an industrial plant that transforms crude oil into various usable petroleum products such as diesel, gasoline, jet fuel, and kerosene.

Dangote Petroleum Refinery with a capacity to refine 650,000 barrels of crude oil per day covers an area of approximately 2,635 hectares in the Lekki Free Trade Zone in Lagos.

MOMAN ready

When contacted and asked whether major oil marketers would be involved in the lifting of refined products from the Dangote refinery, or whether the facility would distribute the fuel itself, the Executive Secretary/Chief Executive Officer, MOMAN, Clement Isong, replied, “I confirm that we (major marketers) have met with him (Dangote).

According to Isong,   all MOMAN members have registered with Dangote Petroleum Refinery to become marketers of its products. He told The PUNCH that MOMAN members would have the product in their stations the moment it was available for sale.

“We have all registered with Dangote so that we call buy and sell. All my members are registered with Dangote. Whenever the product is ready and starts coming out, you will see it in our filling stations,” he said. 

I confirm that my members have registered with them. We were waiting for the production to start and now it has started and they will start discussing the commercial terms. So yes, major marketers and other players will buy for the market. The important thing was the registration.

“So now the commercial terms will be agreed with each marketer and then they will buy from them. There are several ways you can buy from them. They have loading ranks, over 90, so you can take your truck to go and pick. You can also use vessels to pick. Those are the two ways you pick products.”

Asked to state how soon marketers would start picking products from the plant, Isong said, “I don’t know, but I know we started registration last year. So as soon as they say they are ready we will pick the products. Also as soon as the commercial terms are set, my members will pick.”

Former President Muhammadu Buhari inaugurated the Dangote refinery in May 2022. The facility missed its crude oil refining target a number of times due to the non-supply of crude to the plant by oil producers.

It, however, started receiving crude oil batches of one million barrels each in December 2023 and got the 6th batch of one million barrels of crude this month. Officials at the plant had explained that the refinery required six million barrels of crude to commence production.

Meanwhile, the MOMAN CEO expressed excitement about the coming onstream of the refinery but stated that he could not tell what the pricing policy of the refinery would be.

“It should be the market price because you need to recover your cost, and capital, and repay your loans. I don’t know what the market price will be, but I know that with my international experience in the economics of petroleum, nobody does this business to make a loss,” he stated.

The prices of diesel and aviation fuel are fully deregulated commodities, unlike that of Premium Motor Spirit, popularly called petrol, which has been a subject of debate on whether it is being subsidised or not.

Meanwhile, the major marketers CEO further explained that the cost of crude oil would play a major role in determining the cost of fuel from Dangote refinery.

He said, “We expect the price of products to be what is called market price. Remember he has built the refinery at $19bn. He has to refund his loan. He has to pay his contractors. He has to pay the owners of capital.

“I believe he will sell the product at a price that will enable him to recover his costs, both capital and operational costs, and then make a profit. I don’t expect the price to be much different from the market price today.

“You know that crude oil is also priced in dollars, so what’s the difference? The price of crude oil is the same internationally, even if you buy locally. Why will you buy below the cost, unless you want to go back to subsidising. Crude oil is very expensive to produce. A lot of that oil is offshore.

“I’ve heard some people say there will be savings in freight, that might be true. But that is a very small part of the cost. The major part of the cost is the raw material, which is the crude oil; even the refining cost is quite small. I don’t expect a significant drop in price, definitely not N400, that’s very unlikely, in my opinion.”

The President of IPMAN, Abubakar Maigandi, told one of our correspondents that the association would meet the management of Dangote refinery this week to discuss modalities around the loading of products. 

He also stated that independent marketers would not be able to state the project cost of refined petroleum products now, until the commencement of loading.

“It is when we start loading that he can give us the price and then we will know how much to sell,” Maigandi stated.

Asked to state when IPMAN members would start loading, he replied, “We are going to hold a meeting with him this week. No date has been fixed yet for the appointment, but the meeting is to be held this week.”

When questioned further to tell the amount of reprieve Nigerians should expect in firms of the cost of refined products, the IPMAN president said, “We can’t say that yet and wouldn’t want to estimate. So it is after our meeting that we can now tell the direction, especially when we start loading products. However, there will be changes.

“Immediately he starts releasing products, we are assured of the availability of products and there will be no more scarcity, provided that he is producing. Also, it will create employment opportunities.”

Price reduction imminent

On his part, the President of PETROAN, Billy Gillis-Harry, said the cost of refined products would drop marginally, but noted that it would be tough to give a specific amount now. 

On how much reduction in the cost of diesel and aviation fuel should Nigerians expect once the products start hitting the market, he said, “It is difficult to give an exact figure because so many variables are at play.

“However, the fact that the crude oil that is being used is the one for domestic consumption, takes away the cost of freight and insurance from the total cost. So if that has been removed, there is a likelihood that prices will be impacted positively to the benefit of Nigerians.

 “But what exactly will be the price is to be awaited and worked out because, for instance, we don’t know how much he received the crude oil, whether it is in naira or dollar, and those are business information that sometimes is difficult to release.

“However, regardless of whatever the situation is, we should still expect a reprieve, some advantages should come to us. So that is my thinking.”

The PETROAN president faulted the pricing templates that were being released some years back for petroleum products, stressing that the computations were not realistic.

“We kept writing and talking against it. So, of course, when it stopped we were not surprised, because you cannot just do arm-chair projections on these things. There must be empirical values and these values vary day to day, hour to hour, and minute to minute.

“So you can’t just wake up and say this is the price unless you are speculating. And if you are speculating, then you cannot give us a price band. Therefore that information is actually business secrets if a company wishes to post it,” he stated. 

Gillis-Harry also stated that PETROAN had been meeting with the management of the Dangote refinery concerning the supply and distribution of products from the plant.

PETROAN meeting Dangote

“PETROAN has been interfacing with the Dangote refinery for a long time. So we hope that with the production coming in, PETROAN will also speed up and advance discussion on how our members can benefit and how Nigerians can be served better and efficiently.

“We’ve been having discussions with them, because, at the end of the day, Dangote cannot be the one producing and also selling at the retail outlets. We know that in previous times such tendencies were not too far-fetched, but we hope that in this dispensation everybody will do their part,” he stated.

Gillis-Harry noted that the coming onstream of the Dangote refinery means that “the sleeping giant is gradually waking up, and Dangote has fired the opening shot that refining can happen in-country. So it is a thing for us to be glad about. Next is the Port Harcourt refinery

“Nigeria stopped refining crude since the regime of former President Olusegun Obasanjo when we were refining at a minimal capacity. And before he finished his tenure as President, the refining of crude in Nigeria had ground to a halt. So it is a big plus for us that Dangote refinery has started production.”

Also speaking on the coming onstream of the facility, a former President, Association of National Accountants of Nigeria, Dr Sam Nzekwe, expressed excitement about the development and said the cost of refined products should drop. 

“The commencement of production at Dangote refinery is a good development but we await to see what is going to be the prices of products from the facility. We believe that with Dangote refinery, fuel will be cheaper because the cost of logistics in importing fuel will be removed.

“The situation where someone will come to Nigeria to get crude oil, take it abroad, refine it, and bring it back to us as fuel will be gone. So the cost of logistics will be factored into the cost of these refined products. But with the Dangote refinery, I know that that cost will be removed and fuel prices will be reduced.

“This may not be significant, but at least we should see a marginal reduction from the price we pay for fuel now. This will also encourage the NNPC to deliver its refineries and the government should license more players to refine crude. How can you be exporting crude and importing fuel? It is not sensible,” Nzekwe stated.

A national ex-officio of IPMAN, Surajudeen Bada, also expressed joy over the commencement of production at the Dangote refinery and said he was hopeful that the expectations of Nigerians would be met.

 “We hope it will be able to meet the expectations of Nigerians because a lot of Nigerians have expected so much from Dangote in the last year. Now that it is coming up, we hope that it will reduce the current hardship,” he stated.

 When told that Nigerians were expecting a reduction in the price of fuel, Bada said, “I know people are concerned about the price, but if the product is available everywhere and accessible to marketers, competition will set in.

“When we compete among ourselves, we will have to reduce our (profit) margin. Already we have a fixed margin that we should benefit as marketers. But we will be ready to forgo N1, N2 from our margin, and anything we forgo is for the benefit of the masses.” 

On his part, Prof. Ndubuisi Ekekwe, said, “Congratulations to team Dangote refinery. Everything is easy until one is asked to do it. From industry to industry, Dangote has continued to serve his nation and his continent.

“In five years, someone here will say ‘the refinery sector was given to Dangote’, forgetting how it was before Aliko decided to pay attention. And as they continue to talk, who knows, you could pick the power sector, and they will forget how Nigeria has been generating darkness for ages.

“Aliko Dangote we salute because nations rise when great entrepreneurs emerge, not when ‘siddon-look’ analysts bark. Congrats that the refinery is up and running. We want more wins!”

Efforts to speak with the Dangote Group have been unsuccessful since Saturday. The Group Director of Corporate Communication, Anthony Chiejina, had earlier promised to get back to one of our correspondents on Saturday, but he did not do so.

Calls and messages to him on Sunday were not answered nor replied to.

Daniel Bwala, then spokesman for Atiku Abubakar, the candidate of the Peoples Democratic Party (PDP) in the February 2023 presidential poll, says he informed his ex-principal of his meeting with President Bola Tinubu.

“I informed Atiku Abubakar I was going to see the President,” Bwala said on Channels Television’s Sunday Politics programme.

“After I had seen the President, I informed him (Atiku) that I had just seen the President and he replied me that, ‘Thanks Daniel for notifying me’.”

Bwala, a rabid critic of Tinubu, the then presidential candidate of the All Progressives Congress (APC), also said his decision to now support the ex-governor of Lagos State, who won the February 2023 presidential poll, does not mean he betrayed Atiku.

“It’s absolute nonsense for somebody to say because I said I will support President Bola Tinubu therefore I betrayed Atiku,” the lawyer said matter-of-factly on the programme.

He described as absurd, criticisms trailing his sudden-found support for Tinubu whom he flayed during the 2023 politicking process.

In July 2022, Bwala, then an APC member, dumped the ruling party when Tinubu announced his running mate as ex-Borno governor, Kashim Shettima. The lawyer and politician faulted Tinubu for his choice of a Muslim as himself as a running mate and quickly joined the campaign train of Atiku, a Muslim and ex-Vice President, who chose a Christian as running mate in the person of ex-Delta governor, Ifeanyi Okowa.

Bwala was one of the very vocal and unsparing spokespersons of Atiku during the campaign that culminated into the last poll.

However, the lawyer shocked Nigerians last Wednesday when he met with the President at the Aso Villa in Abuja, Nigeria’s political capital, and declared his unalloyed support for him.

Bwala has since attracted a scathing string of criticisms with many questioning his political ideology but the lawyer said “even ideology, you have the right to change ideology”.

The lawyer said his job as Atiku’s spokesman during the last campaign was that of a salesman with the sole responsibility of selling a product and demarketing competitors. Bwala, who made a sharp U-turn, said he never said Tinubu wasn’t fit to be Nigeria’s President, adding that now that Atiku did not win, Tinubu is okay for the job.

Bwala was taciturn in his response when asked whether he was still a PDP member or he has now returned to the APC.

He also said the President did not promise him any appointment in his cabinet during Wednesday visit but he would be willing to work with the President in any capacity offered him in the interest of the Nigerian people.

The Kano State Governor, Abba Yusuf, has hailed President Bola Tinubu and Vice President Kashim Shettima for not succumbing to alleged pressure to influence the decision of the Supreme Court in the Kano governorship election.

The Kano governor, in a statement on Sunday by the Director General, Media and Publicity, Government House, Kano, Bature Tofa, alleged that the National Chairman of the All Progressives Congress and immediate-past Kano governor, Abdullahi Ganduje, pressured the President to influence the court verdict but Tinubu did not yield to the pressure.

The Supreme Court, on Friday, restored Yusuf’s victory in the March 18, 2023 governorship election, after both the election tribunal and the Court of Appeal had earlier nullified his victory and pronounced Nasiru Gawuna of the All Progressives Congress as the winner of the poll.

The Supreme Court judgment doused the tension that had built in Kano after the sacking of Yusuf by the two lower courts.

In the Sunday statement, Yusuf expressed his satisfaction with Tinubu and Shettima’s steadfastness in the face of alleged pressure to interfere with the apex court’s ruling, despite strong opposition from various quarters.

The Government House spokesman, in his statement, said, “Referring to the alleged efforts by former Governor Abdullahi Ganduje to use the Presidency to sway the Supreme Court’s decision in favour of Gawuna, Yusuf said Tinubu and Shettima’s unwavering stance was a testament to Nigeria being in capable hands.”

Furthermore, Yusuf extended an olive branch to his rival, Gawuna, who lost in the Supreme Court, emphasising the need to focus on building Kano now that the political contest is over.

The statement quoted the governor as saying, “As a true democrat and progressive, I call upon my opponents and their supporters to join me in the endeavor to develop our beloved state of Kano for the betterment of its citizens.”

Efforts to get Ganduje’s reaction to the claim by Yusuf were unsuccessful as his Chief Press Secretary, Edwin Olufo, told one of our correspondents on the phone: “Let me get back to you. I’ll get back to you.”

He had, however, yet to get back to our correspondent as of the time of filing this report and did not take further calls.

Also, the Publicity Secretary of the APC in Kano State, Ahmed Aruwa, said he could not comment on Yusuf’s claim until the party members met the national chairman.

“We have made the decision (not to attend) to any pressing issue until we meet the National Chairman,” Aruwa said.

He promised to give a proper reaction when the time was ripe.

Meanwhile, the Deputy National Organising Secretary of the ruling APC, Nze Chidi, said Friday’s judgments of the Supreme Court in seven states governorship elections doused tension in the country.

On Friday, the Supreme Court gave final verdicts on the governorship elections in Lagos, Ebonyi, Cross River, Zamfara, Plateau, Kano and Abia states.

The apex court affirmed the lower courts’ judgments upholding the victory of governors Babajide Sanwo-Olu of Lagos, Alex Otti (Abia), Bassey Out (Cross River), and Francis Nwifuru (Ebonyi).

The court also restored the victory of governors Abba Yusuf of Kano State, Caleb Mutfwang (Plateau State); and Dauda Lawal (Zamfara State), who were earlier sacked by the lower courts.

Reacting to the judgments, Chidi, in an interview with journalists in Abuja, said, “In my view, I think it is a moment for Nigerians to be happy. I also believe that it has in a way doused tension in the country. It is not a matter of whether it is the APC, PDP Labour or NNPP. The reality is that as we all know, the final arbiter has spoken in all elections and is essentially commendable.”

Jubilant crowd welcomes Yusuf

The Kano State Governor, Abba Yusuf, was welcomed back to the state on Sunday by a huge crowd of supporters and members of the New Nigeria People’s Party.

The governor was away in Abuja for the judgment of the Supreme Court on the March 18 governorship poll.

Tension had mounted in the state following the sacking of Yusuf by both the election tribunal and the Court of Appeal, which both declared the candidate of the All Progressives Congress, Nasiru Gawuna, as the winner of the poll.

The Supreme Court, however, nullified the two decisions and restored Yusuf’s victory.

On his return to Kano on Sunday, he was received by a huge crowd of supporters at Kwanar Dangora amid singing and dancing, having passed through some major towns in the neighbouring Kaduna State.

Yusuf acknowledged cheers from his supporters as his convoy headed to Filin Mahaha in the Kano metropolis to address his supporters.

Meanwhile, Yusuf, over the weekend, appointed three of his predecessors, Dr Abdullahi Umar Ganduje, Mallam Ibrahim Shekarau and Senator Rabiu Kwankwaso, as members of the Elders Advisory Council.

The governor’s media aide, Sanusi Dawakintofa, explained that the council was a newly established organ, constituted by the governor to serve as an advisory body to the state government.

“Kano State has been blessed by Allah, with numerous elders and former leaders, who have not only attained the pinnacle of their careers but have continued to be active and healthy,” he said.

The council, according to the statement, also has former deputy governors, Senate Presidents, Speakers of the House of Representatives, Speakers of the state House of Assembly and their deputies from the state.

Also in the council are retired Supreme Court Justices, retired Appeal Court justices, former Chief Justices of the state, former Secretaries to the State Government and former Heads of State Civil Service, who are indigenes of the state.

In the council are also the leadership of the Ulamas, the business community, traditional rulers, former heads of security agencies from Kano State and other distinguished elders to be identified in due course and appointed by the government.

About 45 passengers in three fully loaded 15-seater commercial buses are reported to have been abducted by armed men in Orokam, along the Otukpo-Enugu Road in Ogbadigbo Local Government Area, LGA, of Benue state.

It was gathered from an eyewitness and driver of one of the commercial transportation companies in Makurdi, who narrowly escaped the ambush with his passengers, that the incident occurred at about 3:30pm on Thursday.

The heavily armed men were reported to have ambushed the ill-fated commercial vehicles when they sprang from the nearby forests in Orokam and forced their drivers at gunpoint to pull over.

According to him, “it was easy for the armed men to stop the vehicles because that portion of the road is very bad.

“The first person that came out of the bush was a heavily built young man who came out carrying an automatic rifle and a chain of bullets round his body.

“I saw three of them come out of the bush with guns, this was at about 3:30pm on Thursday in broad daylight.

“Their target was obviously commercial buses, maybe because of the number of passengers that could harvest ransom for them. In this particular instance, they took passengers in three-loaded buses that were heading toward Otukpo

“My saving grace was that a J-5 articulated vehicle was in my front. So when we were all stopped, before they got to my vehicle, I jumped out and ran into the bush, and all my passengers also followed. Luckily, none of my passengers were caught by the armed men.

“We ran into the bush, leaving our valuables, including phones, and they did not touch them. All they were looking for were the occupants of the bus.

“They took all their victims into the forest. After hiding in the bush for close to 30 minutes, when we realised it was safe to come out, we started running back to our bus to flee.

“At that point, we saw soldiers on motorbikes and a hilux van asking us where the armed went with the victims.

“This happened in-between a police and army checkpoint in Orokam after the Trailer Park at the bad portion of the road.

“Since I started driving, I used to hear stories of people being kidnapped on the road, I saw it happening live and I almost became a victim. I cannot thank God enough.”

Meanwhile, it was gathered that the armed men have already opened negotiations with family members of the kidnapped passengers for the payment of ransom for their release.

A manager in one of the commercial transportation companies at the busy Wurumum Park who spoke on condition of anonymity disclosed that the armed men initially asked for N15 million for each passenger, “but they negotiated and settled for N3million for each of the passengers.

“Some of the family members came here to find out if we have any details or are in touch with the kidnappers, but we told them that our company was not involved.

“They lamented that they had reached agreements with the kidnappers, and while trying to resolve how the N3 million they demanded would be sent to them, the phone line went off and they have not been able to reach the armed men anymore.

“So it is like they have been moving from one park to the other to find out the companies that own the buses involved in the unfortunate incident. But from what we heard one of the vehicles has its head office in Gboko.”

When contacted, the Police Public Relations Officer, Superintendent, SP, Catherine Anene, said, “I don’t have that report yet.”

At the instance of President Bola Ahmed Tinubu, GCFR, the Vice President, Sen. Kashim Shettima has departed Abuja to represent Nigeria at the 2024 annual meeting of the World Economic Forum scheduled to hold in Davos, Switzerland. 

The VP will join other political and business leaders across the world at the annual Forum to discuss global socio-economic and development issues. 

Top on Vice President Shettima's agenda, apart from the plenary session, is the launch of the Private Sector Action Plan for African Continental Free Trade Area (AfCTA) at a special session to be co-chaired by him. 

He is also billed to hold high-level discussions with the Managing Director of IFC, Makhtar Diop and the Prime Minister of Vietnam, Pham Minh Chinh, among others. 

Also on the sidelines of the annual meeting, Sen. Shettima will chair a roundtable dialogue on Nigeria's economic path. He will also attend a special session dedicated to building trust in the global energy transition programme. 

The Vice President is expected to return to Nigeria after participating in the week-long event.

Stanley Nkwocha

Senior Special Assistant to The President on Media and Communications

(Office of The Vice President)

14th January, 2024

The Super Eagles of Nigeria were held to a 1-1 draw against Equatorial Guinea in their first game of the 2023 African Cup of Nations in Ivory Coast on Sunday.

Equatorial Guinea drew first blood in the 37th minute when Iban Salvador scored a well-placed shot, leaving the Super Eagles’ goalie, Stanley Nwabali, motionless.

An instant response from Nigeria following a kickoff saw Victor Osimhen head an equalising goal for Nigeria before the break.

Despite many chances, Nigeriafailed to get the winning goal. Although Osimhen scored his first AFCON goal on his first appearance, he, in the 75th minute, missed a big chance.

Nigeria, in Group A, will further challenge Ivory Coast, and Guinea Bissau later in the tournament.

Main opposition, Peoples Democratic Party (PDP) former national spokesperson, Olisa Metuh has observed that President Bola Tinubu has refrained from using his ongoing war against corruption as a tool to witch hunt his political rivals unlike what obtained under the last All Progressives Congress (APC) government led by President Muhammadu Buhari.

He said in a statement on Sunday that the years between 2015 and 2023 witnessed an era where being a member of the ruling party conferred immunity on every infraction committed.
According to the former PDP National Publicity Secretary, such attitude gave rise to unimaginable impunity and the wanton desecration of national values, wealth, and resources.

He said President Tinubu has renewed confidence in the Nigerian project, especially in observing best democratic practices.

Metuh said that president has restored regard for the liberty and freedom of individuals as well as for transparency and accountability.

The former opposition spokesman, who was prosecuted on corruption charges but discharged by the courts, asserted that Tinubu’s fight against corruption and financial crimes is different from a fight targeted at opposition figures whilst protecting and sparing those in the corridors of powers.

Noting the positive steps the president has already taken to retool the country, Metuh called on all Nigerians to set aside their various interests and support him.

The statement he titled, “Work in Progress: Why Nigerians Should Support President Tinubu,” reads: “In the past eight years (May 2015 to May 2023) a vast majority of Nigerians lost hope and faith in the Nigerian project giving the deep damage done to the psyche of citizens, the economy, national unity and the practice of democracy in our country.

“A lot of people were skeptical about the direction the nation was headed, given the deep social wounds and the devastation done on every fabric of our nationhood.

“Within those years, we witnessed a country where serving in government or belonging to the ruling party conferred immunity on individuals. This resulted in unimaginable impunities and the wanton desecration of national values, wealth, and resources. Those in opposition were humiliated, degraded, and persecuted by the massive might of the state.

“However, in the last seven months, under the new administration of President Bola Ahmed Tinubu, there is renewed confidence in the Nigerian project, especially in observing best democratic practices. This government definitely appears to have regard for the liberty and freedom of individuals as well as for transparency and accountability.

“The most reassuring step is the genuine, determined, and uncompromising fight against corruption and financial crimes in the country, different and distinct from a fight targeted at opposition figures whilst protecting and sparing those on the corridors of powers.

“Today, we see serving ministers and people who are holding top offices being removed from office and investigated for prosecution over corruption and financial crimes.

“In the past, the fight against corruption was merely a political cum campaign tool fueled with massive media trials and only targeted at diminishing opposition shining talents. The fight against corruption is now distinctive to persons who have questions to answer and not a tool for persecution.

“More importantly, there is no more demarketing of Nigerians and Nigeria as a nation by those who tagged our hardworking youth as lazy and tarred innocent and resourceful Nigerians on the international arena with the brush of corruption.

“Nigerians across the board, have applauded the unprecedented patriotic stand for good governance in cutting the cost of governance at the federal level reflected in the recent slashing of all official entourage to state and international events by 60 per cent.

“President Tinubu has demonstrated proactive leadership; a listening and approachable leadership that respects the sensibilities of Nigerians as well as the need to re-engineer our nation for greater multi-sectoral productivity.

“This uncommon patriotism requires the recognition and support of all well-meaning Nigerians within the public, private, and civil society sectors irrespective of political, ethnic, religious or vocational affiliations.

“From that standpoint, I call on all Nigerians to set aside every sectional, political, and religious sentiment and put the national interest first by supporting President Tinubu bearing in mind that his success is the nation’s success today and for generations yet unborn.

“Nigeria’s future is much better served by contributions, inputs, and constructive criticisms as obligations and duties of responsible citizens in every participatory democracy.

“Finally, it is evident that there is a sure and steady move to where we want to be as a nation. This government indeed, is reflective of a good work in progress.”

The Socio-Economic Rights and Accountability Project (SERAP) has called on Senate President Godswill Akpabio and Speaker of the House of Representatives Tajudeen Abbas to significantly reduce the National Assembly’s hefty budget of N344.85 billion.

This appeal is made in light of the pressing economic challenges facing Nigeria.

In a move advocating for fiscal responsibility and transparency, SERAP has urged the legislative leaders to request President Bola Tinubu to submit a revised supplementary appropriation bill reflecting the reduced budget for the National Assembly’s approval.

Furthering their push for accountability, SERAP has also demanded the publication of detailed breakdowns of the National Assembly’s budget, including specific allocations such as the N3 billion earmarked for the Senate Car Park and another N3 billion for the House of Representatives Car Park.

In the letter dated 13 January 2024 and signed by SERAP deputy director Kolawole Oluwadare, the organisation said: “Passing appropriation bills that are inconsistent with the provisions of the Nigerian Constitution is a fundamental breach of the constitutional oath of office by the lawmakers.”

SERAP said, “The arbitrary increase by the lawmakers of their own budgetary allocation, if not cut, would have significant fiscal consequences and exacerbate the country’s debt crisis.”

According to SERAP, “The unilateral and self-serving increase by the lawmakers of their own allocation also offends the principles of separation of powers and checks and balances and the notion of the rule of law.”

The letter reads in part, “The increase in the National Assembly budget raised serious questions in the minds of the Nigerian people about how the lawmakers are spending their commonwealth.

“The National Assembly ought to be more responsible to the public interest and more responsive to it. The National Assembly has a constitutional responsibility to combat waste and abuse in its own spending if it is to effectively exercise its oversight functions and hold the government to account.

“Transparency and accountability in public administration is an essential element of democracy. Transparency in the spending of the National Assembly budget would give the public a tool to hold the lawmakers accountable.

“It would also protect Nigerians from any potential abuses of governmental or legislative power that may exist.

“Nigerians have a right to scrutinize how their lawmakers spend their tax money and commonwealth, especially given the precarious economic realities in the country and the impact of the removal of fuel subsidy on vulnerable Nigerians.

“Cutting the N344.48 billion National Assembly budget would be entirely consistent with your constitutional oath of office, and the letter and spirit of the Nigerian Constitution.

“Cutting your budget would promote efficient, honest, and legal spending of public money. It would serve the public interest and restore public confidence in the National Assembly.

“We would be grateful if the recommended measures are taken within seven days of the receipt and/or publication of this letter. If we have not heard from you by then, SERAP shall take all appropriate legal actions to compel you and the National Assembly to comply with our request in the public interest.

“SERAP also urges to clarify the details of the N8.5 billion budgeted for ‘National Assembly liabilities’ and to disclose the nature of any such liabilities and how and why they have been incurred.

“SERAP urges you to clarify why N225 million is budgeted for the National Assembly E-Library and N3 billion is budgeted to buy books for the National Assembly Library while the ‘take-off grant’ for the National Assembly Library is N12.1 billion.

“The budget of N344.48 billion by members of the National Assembly is a fundamental breach of the Nigerian Constitution and the country’s international human rights obligations.

“According to our information, the National Assembly increased its own allocation in the 2024 budget to N344.48bn. The new budgetary allocation to the National Assembly is over 70 percent of the N197bn proposed by President Bola Tinubu for the lawmakers in the budget proposal submitted to the National Assembly.

“The N344.48bn National Assembly budget, which is an increase of about N147bn, is reportedly the highest ever budgetary allocation to the National Assembly.”

“The breakdown of the N344.48bn National Assembly budget is as follows: National Assembly Office – Senate – N49.1bn; House of Representatives – N78.6bn; National Assembly Service Commission – N12.3bn; Legislative Aides – N20.3bn; NILDS – N9.09bn; Service-wide votes – N15.1bn; Senate Appropriation Committee– N200m.”

“Other budget items include: House Appropriation Committee – N200 million; Public Account committees of Senate and House – N280.7 million National Assembly Library Take Off Grant – N12.1 billion; National Assembly building (ongoing) – N4.2 billion; and National Assembly Liabilities – N8.5 billion.

“Other items include: National Assembly E-Library – N225 million; Constitution Review – N1 billion; and Completion of NILDS HQ – N4.5 billion; Construction of NASC Building – N10 billion; Office of Clerks and Permanent Secretaries – N1.2 billion; and Alternative Power System – N4 billion.

“Other items in the National Assembly budget include: National Assembly Zonal Offices – N3bn; Senate Car Park – N3 billion; House of Representatives Car Park -N3 billion; and Furnishing of committee rooms (Senate) -N2.7 billion; Furnishing of committee rooms (House) – N3 billion; Design, Construction, Furnishing and Equipping of National Assembly Ultramodern Printing Press – N3 billion.

“There are also other items in the National Assembly budget: Design, Construction, Furnishing and Equipping of the National Assembly Budget and Research Office (NABRO) – N4 billion; National Assembly Hospital Project – N15 billion; National Assembly Recreation Centre – N4 billion; Procurement of Books for the National Assembly Library – N3 billion; and National Assembly Pension Board (Take-Off Grant) – N2.5 billion.

“Section 14(2)(b) of the Nigerian Constitution of 1999 [as amended] provides that, ‘the security and welfare of the people shall be the primary purpose of government.

“Under Section 16(1)(a)(b), the National Assembly has the obligations to ‘harness the resources of the nation and promote national prosperity and an efficient, a dynamic and self-reliant economy’, and to ‘secure the maximum welfare, freedom and happiness of every citizen.

“Section 16(2) of the Nigerian Constitution further provides that ‘the material resources of the nation are harnessed and distributed as best as possible to serve the common good.

“Section 13 of the Nigerian Constitution imposes clear responsibility on the National Assembly to conform to, observe and apply the provisions of Chapter 2 of the constitution.

“Section 81 of the Nigerian Constitution, and sections 13 and 18 of the Fiscal Responsibility Act constrain the ability of the National Assembly to unilaterally insert its own allocations in the budget without following the due process of law.”

Popular Nigerian rapper, Michael Ugochukwu Stephens, better known as Ruggedman, has said that he doesn’t see the Super Eagles winning the ongoing 2023 African Cup of Nations (AFCON).

Naija News reports that the AFCON tournament commenced on Saturday, January 13, 2024, with the inaugural match featuring the host country Ivory Coast (Cote d’Ivoire) against Guinea Bissau at Alassane Ouattara stadium.

Nigeria is expected to play their first match of the tournament at 3 PM today against Equatorial Guinea.

However, Ruggedman has expressed doubt about the Super Eagles winning their fourth AFCON title this year.

The 50-year-old entertainer poured out his heart while speaking about his admiration for football, Super Eagles, Manchester United, Victor Osimhen, and more, during a recent interview with The PUNCH.

Speaking on his favourite sport growing up as a child, Ruggedman said: “Growing up, like most young kids across Nigeria, I enjoyed and still enjoy football. I love playing football. I also represented my secondary school in a relay race once but it obviously was not my calling.”

On whether his parents were a discouraging factor from pursuing a career in sports, Ruggedman said: “They did not need to discourage me because I did not take up any sport as a career.

“I was and I still am very passionate about football. I grew up reading football comic books like Roy Of The Rovers. I became a football lover in the early 1980s from watching “Big League Soccer.”

Speaking on his journey into the entertainment industry, he said: “From a very young age, I just loved music. Growing up, I was more into music shows on TV like Top of The Pops, Soul Train and Kessingsheen Hit Show.”

I Hope They Do But I Doubt Super Eagles Winning AFCON

When asked whether he is a fan of the Nigerian National Football team, Ruggedman answered in the affirmative.

However, he downplayed their possibility of winning the tournament, saying: “As a Nigerian, yes I think they can win it but realistically and with the way we seem to have lost a couple of warm-up matches towards the competition, coupled with the history of politics being played in players selection, I do not see us winning it. I hope we do, but we all know games are not won by hoping.”

Announcing his pick on best African player of all time, the singer said: “I know some will argue that I might be choosing him because he is Nigerian. Some will say he did not win much during his time playing, but I choose Jay Jay Okocha any time, any day. To me, he is the most naturally skilled footballer I have ever seen.”

Osimhen Is My Favourite

Ruggedman, during the interview, picked Napoli’s striker as his favourite player in the Super Eagles squad, Naija News reports.

He said: “My friend, Victor Osimhen. Not just because we are friends, but his stats speak for him. He has achieved a lot as a footballer, broke our jinx and won the African Best Player award, which Okocha didn’t even win, and what he did last season in the Serie A is phenomenal.”

On his opinion on whether the male and female national teams should earn the same, he said: “I believe they should be paid their value.”

There is a growing controversy over plans by the Central Bank of Nigeria (CBN) under the leadership of Dr Yemi Cardoso to decongest the headquarters of the bank located at the Central Business District of the Federal Capital Territory (FCT).

To decongest the headquarters of the apex bank, key departments will be transferred from Abuja to Lagos, its former headquarters. A total of 1,533 members of staff of the bank are expected to be affected.

Findings by Daily Trust on Sunday show that the departments penciled down for relocation by the CBN governor are: Banking Supervision; Other Financial Institutions Supervision; Consumer Protection Department; Payment System Management Department and Financial Policy Regulations Department.

Part of the memo seen by Daily Trust on Sunday reads, “This is to notify all staff members at the CBN head office that we have initiated a decongestion action plan designed to optimise the operational environment of the bank.

“This initiative aims to ensure compliance with building safety standards and enhance the efficient utilisation of our office space.

“This action is necessitated by several factors, including the need to align the bank’s structure with its functions and objectives, redistribute skills to ensure a more even geographical spread of talents and comply with building regulations as indicated by repeated warnings from the facility manager, and the findings and recommendations of the Committee on Decongestion of the CBN head office.

“The action plan focuses on optimising the utilisation of other bank’s premises. With this plan, 1,533 staff will be moved to other CBN facilities within Abuja, Lagos and understaffed branches.

Attempt to get official reaction from the CBN was not successful as the Director of Corporate Communication, Hakama Sidi Ali, could not be reached. However, a management source who prefers anonymity because he has no permission to speak on the issue said the move was true but not entirely as publicly reported.

 The source said, “The headquarters was designed to accommodate slightly over 2,000 staff members but currently has over 4,000. So, about 1,533 staff members have to be relocated.

“The second reason is that departments like Banking Supervision and Payment Systems have the bulk of their work domiciled in Lagos, so it makes proper administrative sense to operate out of Lagos.

“So, as we speak, 80 per cent of them are headed back to Lagos because they have no business in Abuja.”

Daily Trust on Sunday finding also shows that some other staff will be posted to a state branch of the CBN, especially where they are understaffed.

The move has been generating different reactions, particularly on social media. While some Twitter users see it as a welcome development, others said it has an undertone.

Below are some reactions:

 [DailyTrust]