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DANGOTE TO NNPC: Let them buy me out and run the refinery the best way they can.
IduwiniVoice
DANGOTE TO NNPC: Let them buy me out and run the refinery the best way they can.
By Tobouke JEMINE
The Chairman of Dangote Group, Alhaji Aliko Dangote has announced his readiness to sell the $20 billion Dangote Refinery to the Nigerian National Petroleum Corporation (NNPC) Limited.
In an interview with Premium Times on Sunday, he said: “Let them (NNPCL) buy me out and run the refinery the best way they can. They have labelled me a monopolist. That’s an incorrect and unfair allegation, but it’s OK. If they buy me out, at least, their so-called monopolist would be out of the way.
“We have been facing fuel crisis since the 70s. This refinery can help in resolving the problem but it does appear some people are uncomfortable that I am in the picture. So I am ready to let go, let the NNPC buy me out, run the refinery”.
Dangote’s decision follows criticism from the CEO of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Farouk Ahmed who alleged Dangote of plotting to create a monopoly in the oil and gas sector.
Ahmed stated that the Dangote refinery, currently at 45% completion and still in the pre-commissioning stage, is turning out substandard products and that banking solely on it would have negative impacts on Nigeria’s energy security.
The NMDPRA boss disclosed that Dangote’s diesel fails to meet West Africa’s quality standards due to high sulphur content.
Ahmed stressed that the country cannot rely on one refinery and should continue to import petroleum products to ensure market stability and energy security.
The Dangote Refinery, situated in the Lekki Free Zone near Lagos, has been adjudged as one of the largest oil refineries in the world, with a projected capacity of 650,000 barrels per day.
The refinery aims to meet Nigeria’s domestic petroleum needs and reduce dependency on imports.
Source: Premium Times (July 21, 2024)
HIGH CHIEF SUNNY GBEGHA JP CELEBRATES DAUGHTER’S ACADEMIC MILESTONES
By: Daire Perez
Okija, Anambra State – Father and community leader, High Chief Sunny Gbegha JP, the Egbakarewei of Iduwini Kingdom, Delta State, has expressed immense joy and gratitude to God as his daughter, Miss Gbegha Tamarauikiye Favour, successfully completed notable academic milestones at Madonna University, Okija.
Miss Favour graduated with a Bachelor of Science (B.Sc.) Degree in Banking and Finance, earning an impressive Second-Class Upper (2.1) classification. Going a step further in her academic pursuit, she has also obtained a Master of Science (M.Sc.) Degree in Banking and Finance from the same institution.
This has received warm reactions from family and friends with many congratulating the young lad. I a message filled with joy, High Chief Gbegha described his daughter’s achievements as a testament to hard work, discipline, and divine grace. He noted that her academic excellence brings honour not only to their family but also to the wider community.
Community members, friends, and well-wishers have continued to congratulate Miss Favour for her outstanding accomplishments, celebrating her as an inspiration to young scholars across the region.
IduwiniVoice joins in this congratulations to our shining young lady.
(c) IduwiniVoice
By: Divine Perezide
Former leader of Burutu Legislative House, Rt. Hon. Joseph Alubeze, has expressed heartfelt birthday felicitations to the his former boss and leader, Rt. Hon. Julius Gbabozor Pondi, Member Representing Burutu Federal Constituency and the Chairman, House Committee on the South-South Development Commission.
In his congratulatory message, Alubeze described Pondi as an astute leader whose antecedent smarcks of nothing but people-oriented service and dedication that continue to inspire many within and beyond the Constituency.
“Happy Blessed Birthday to you, my Dear Leader, Rt. Hon. Julius Pondi – Member Representing Burutu Federal Constituency and Chairman, South-South Development Commission,” he started.
He prayed for renewed wisdom, strength, and greater achievement for the federal lawmaker as he marks a new year. “May this new year of yours be filled with wisdom, strength, and greater accomplishments as you continue to serve with dedication and grace,” he added.
Hon. Alubeze, a former leader of Burutu House wished his principal Pondi, whose was his predecessor, many more fruitful years in good health, acknowledging his commitment to the advancement of the South-South region and the nation at large, closing his message with a heartfelt best wishes to the celebrant on his special day.
News
Good News: Presidential Amnesty Office Commences Second Phase of Laptop Distribution to Scholarship Delegates
By: Divine Perezide
Abuja – The Otuaro-led Presidential Amnesty Office, popularly known as PAP, has commenced the second phase of laptop distribution to its scholarship beneficiaries across Nigerian Universities for the 2024/2025 academic year.
According to a statement signed by Mr. Igoniko Oduma, Special Assistant on Media to the Administrator of the Presidential Amnesty Programme, the initiative is part of efforts to enhance learning and research amongst students under the programme.
The exercise, which began following the directive of the Administrator, Chief (Dr.) Dennis Otuaro, makes a continuation of the first phase carried out between April and May 2025, during which over 663 final-year scholarship beneficiaries received laptops.
Dr Otuaro explained that the decision to promoting academic excellence and research productivity. He noted that the gesture also fulfills a promise he made to students during his tour of partner Universities in 2024.
“The laptops are intended to aid the beneficiaries in their studies and research activities” Otuaro state, urging the students to use the devices responsibility and to justify the Federal Governmtent’s modest investment in their education.
He also advised the beneficiaries to remain focus on their academic pursuit and avoid behaviours that could undermine their future prospects.
Reaffirming his administration’s objectives, Dr. Otuaro said the PAP will continue to achieve academic succes, contributing to the socio-economic advancement of the Niger Delta region.
He expressed appreciation to President Bola Ahmed Tinubu for his consistent support for the programme, describing it as a demonstration of commitment to bridging the human capital development gaping the region.
Dr. Otuaro further urged the youths and people of the region to reciprocate the President’s gesture by supporting his administration’s policies and programmes.
He reaffirmed the PAP’s dedication to consolidating on its achievements in alignment with the Renewed Hope Agenda of the Tinubu administration.
(c) IduwiniVoice