Connect with us

News

Refining Fraud Through Oil

Published

on

Refining fraud through oil

By Emeka Obasi

The Nigerian oil industry is a multi billion naira venture capable of creating one of the leading economies in the globe. It is the mainstay of robust nations like Saudi Arabia, Qatar and Kuwait where results of transparency visit investors.

Unfortunately, this same Black Gold has become a curse in one of the largest oil producing nations of the world. There is nothing to show for the trillions of naira earned by successive governments, either military or civilian.

It is criminal that all the four refineries in Nigeria, with a capacity of 450,000 barrels per day (bpd) have been grounded since 2019. The two in Port Harcourt, one in Warri and another in Kaduna are not different from war relics, reminding compatriots of the pains of failed leadership.

The truth is that Nigerians have been told more lies by the government and Nigerian National Petroleum Company (NNPCL) Limited, than those who colonised Africa during the years of Imperialism. Deceit has become an official policy.

Port Harcourt refinery was built to turn out 210,000 bpd. There are reports that about 1.5 million dollars went into it in 2015 for Turn Around Maintenance (TAM). The only visible result is a moribund site that continues to create long lines in filling stations nationwide.

Group Managing Director of the NNPC, Mele Kyari, made several attempts to show how much he cared about the people. He began to issue statements of fact, raising hope that Port Harcourt refinery was ready to roar back to life.

It is impossible to determine how many times those promises turned empty and evaporated through the rough creeks of the Niger Delta. Hope was raised, D Day fixed for December 2022. Nearly two years after, D Day has moved as many times as it takes water to pass under the bridge.

The Warri Refinery and Petrochemical Company attracted positive attention when the Managing Director, Desmond Inyamah, announced a December 2023 date as definite period of production. There are worries that after another year, nothing has happened. The story in Kaduna is not different.

While Nigerians remain in perpetual agony, some politicians and importers are growing fatter, gaining from the corrupt system that allows crude oil to be exported, refined and brought back to the country at perilous costs.It takes only the devil to understand why an oil producing nation enjoys the death of its refineries.

The shame is that there are citizens who are blessed with the ingenuity to stem this robbery. During the Civil War, the only refinery was in the Garden City, under the breakaway Republic of Biafra. When Port Harcourt fell in May 1968, the war did not end.

Biafrans went to work. A new refinery was built in Uzuakoli, by the Petroleum Management Board (PMB). How striking that one former Nigerian Oil Minister chose the acronym, PMB. Another refinery emerged in Amandugba, through the Research and Production Board. It took impoverished and landlocked Biafra months to build two refineries. For decades, Nigeria in peace time, has been unable to maintain four refineries.

Dangote Refinery is here; why are we unhappy? By Dele Sobowale
Dangote Fallout: Scotland’s only oil refinery to close next year, 400 jobs to go
During the war, Biafra found an alternative to oil. Dr. Clement Onyemelukwe, regarded as the Father of Electricity in Nigeria led efforts to produce fuel from coal. Today, there are coal deposits in the Enugu area, no attempt has been made to think out of the box.

What Nigerians gain from oil is lamentation. When President Muhammadu Buhari assumed office in 2015, a litre of Premium Motor Spirit was less than 100 naira. He was Petroleum minister as a soldier. The first thing he did as Oil minister and President, was to hike the price astronomically.

His successor, President Bola Tinubu, who is also the Oil minister jumped from 165 naira per litre to over 600 naira per litre. Today, Nigerians are struggling to see fuel to buy at over 1000 naira per litre after yet another hike.

This price hike is strange, coming less than one year after the NNPC flaunted a three trillion naira profit. It is only in skewed climes that a company that made trillions in profit will blame fuel scarcity on debt it owed global partners.

Aliko Dangote has been in a cat and mouse game with the NNPC. His resolve to open a new refinery was met with blackmail, politics and all sorts of damaging stories. Behind the facade, is the feeling that he has come to block leakages that gave thieves access to free loot.

In 1999, Dangote and his friend Femi Otedola, pioneered Blue Star Consortium to acquire 75 percent stakes in Port Harcourt and Kaduna Refineries. They were frustrated. He is back with Dangote Refinery. The oil bandits are fighting him and punishing the people.

Necessity, they say, is the mother of invention. If Biafrans could build refineries while killer bomber jets hovered around the them, why is the same not happening in Nigeria where there is no Civil War? It is obvious that those who decide our fate are killers of talent.

I feel so bad anytime news is made of government agencies raiding communities in the Niger Delta and destroying refineries. All the brains managing our oil feel threatened by the ingenuity of people who have no degrees in Petrochemical Engineering or any formal training but are able to do what government failed to do.

The world cannot understand how Nigerians continue to tolerate their leaders in big offices who relax at the back seat of fuel guzzling Sports Utility Vehicles while the masses spend days and nights watching over chaos in gas stations that grind them with high prices.

News

“Peace is the Panacea for Development” Dr. Takeme Said as He Inaugurates Burutu Peace and Advocacy Committee

Published

on

By Favour Bibaikefie

In a bid to strengthen harmony and peaceful coexistence within Burutu Local Government Area of Delta State, Council Chairman Dr. Julius Takeme on Tuesday formally inaugurated a 23-member Peace Building and Advocacy Committee.

The inauguration ceremony, held at the council secretariat in Burutu, marked a significant step toward fulfilling the chairman’s campaign promises, particularly on conflict resolution and community engagement. The committee, chaired by retired Justice J.F. Daubry, comprises individuals described by Dr. Takeme as “men and women of integrity,” selected for their reputation and dedication to peaceful service.

Speaking at the event, Dr. Takeme outlined the committee’s core responsibilities, which include mediating disputes among individuals, groups, and communities to maintain the prevailing peace in the area. “Your responsibility includes the amicable settlement of disputes between individuals, groups and communities. Please, do your very best to meditate diligently,” he said.

Chief Fidelis Tubotu was appointed Secretary of the committee, while members include Apostle Godsflag Agboun, Chief October Kuro-Ogu, Gen. Brodrick Demeyeibo, Chief Elimina Namah Eselemo, Chief James Nicketen, Barr. B.D. Ekpese, Barr. Torugbene Oloye, Chief Patrick Fufeyin, Chief Gabriel Benede, Chief Lucky Yoweibo, and Dr. (Mrs.) Jennet Abdullahi.

Additional members are Chief Dauyeibo Kitua, Chief Apiakise Apiakise Coleman, Barr. Isa Clark, Hon. Gift Gomeromo, Prince Peter Numa, Chief Torololo Love, Chief Clement Kęmetimibibo, Chief (Mrs.) Ter Okpe, Chief Pukon Samson Eles, Chief Douglas T.M.O, and Chief Fidelis Tubotu.

Dr. Takeme reiterated his administration’s intention to mirror Governor Sheriff Oborevwori’s “More Agenda” through proactive peace initiatives and conflict resolution efforts. “We promised to replicate Gov. Oborevwori’s More Agenda in Burutu, and one of our targets is to resolve as many lingering inter and intra-communal disputes. We believe in your individual and collective capabilities to help this government deliver on this promise,” he said.

He further noted, “We want to make Burutu a reflection of Oborevwori’s good governance that has rendered even the main opposition parties speechless.”

The council chairman encouraged committee members to remain upright and committed, emphasizing the importance of including the local chapter of the Christian Association of Nigeria (CAN) in their peacebuilding activities. According to him, “CAN is pivotal to peace building.”

In his response on behalf of the committee, Justice Daubry expressed gratitude for the trust placed in them and pledged their unwavering commitment. “We will not disappoint the council,” he assured.

The event was attended by council executive members including Vice Chairman Chief (Mrs.) Georgina Evah; Supervisor for Education, Hon. Okpako Doctor; Supervisor for Agriculture, Hon. Immaculate Birialade; Supervisor for Environment, Hon. Godwin Oro; and Supervisor for Works, Hon. Pudigha Biakpara. Traditional rulers from various communities across the local government were also present, further highlighting the importance of the initiative.

Continue Reading

News

Otuaro’s Appearance with APC Leaders Sparks Reactions, Clarified as Misunderstood – Akemotubo

Published

on

By Divine Perezide

A recent photograph showing the former Deputy Governor of Delta State, His Excellency Deacon Kingsley B. Otuaro, in the company of prominent leaders of the All Progressives Congress (APC), has stirred a wave of speculation and political interpretation on social media and beyond.

The image, which has been widely circulated, raised questions about Otuaro’s political affiliations, with some observers hinting at possible realignment or defection. However, Pastor Arex Akemotubo, the spokesperson for Otuaro and the Auditor of the People’s Democratic Party (PDP) in Delta State, has come forward to dispel the growing speculation.

In a statement addressing the issue, Akemotubo emphasized that the meeting was not politically motivated, but rather a reflection of statesmanship and democratic engagement.

“It’s normal for leaders across party lines to interact and engage on various national issues of mutual interest,” he said. “Such interactions are a testament to the maturity of our democracy and the spirit of collaboration that transcends party differences.”

Akemotubo’s remarks appear aimed at reinforcing Otuaro’s continued commitment to the PDP, while also highlighting the evolving nature of political discourse in Nigeria, where bipartisan dialogue is increasingly common.

Observers note that Otuaro has maintained a reputation for inclusive leadership and bridge-building throughout his political career, and his recent appearance should not be misread as a signal of political defection.

As the political landscape continues to shift ahead of 2027 elections, such instances of cross-party engagement are expected to grow, underscoring the importance of context in interpreting political interactions.

Continue Reading

News

Breaking: NEC Debunks False Reports of Chairman’s Removal

Published

on

By Favour Bibaikefie

The Independent National Electoral Commission (INEC) has officially debunked claims spreading across social media platforms that its Chairman, Prof. Mahmood Yakubu, has been dismissed by President Bola Tinubu. A widely circulated message on WhatsApp falsely alleged that Prof. Yakubu had been replaced by Prof. Bashiru Olamilekan.

Reacting to the rumors in a statement to Vanguard, the Chief Press Secretary to the INEC Chairman, Mr. Rotimi Oyekanmi, firmly denied the claims. “Please, disregard. It is not true,” he stated.

Prof. Yakubu, currently serving the final months of his second term, is expected to step down later this year. The procedure for selecting a new chairman involves several stages: the President nominates a candidate, who is then profiled by the Department of State Services (DSS). The nominee must then be reviewed by the National Council of State before the name is submitted to the Senate for confirmation.

At this time, no official declaration has been made regarding any successor to Prof. Yakubu.

Continue Reading