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NIGERIA

Dangote refinery will sell petrol at international price, says FG

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The Minister of Finance, Budget and National Planning, Zainab Ahmed, has said when Dangote Refinery kicks off next year, it may not significantly reduce the price of petrol because the refinery will be selling at the international price.

Ahmed said this is because the refinery is located at the Export Processing Zone in Lagos State.

The minister said this on a programme on Monday.

She said the only thing Nigeria would not need to pay is the shipping cost.

Zainab said, “What we are doing is enabling the petroleum sector to actually grow. There have been a number of refineries that have been licensed for several years. None of them was willing to start refining under the regime that we had were fuel was controlled.

“The Dangote refinery is sitting within an Export Processing Zone so they are insulated from that. When we buy fuel from Dangote, we will be buying fuel at the international market price. The only savings that we will be making is the savings of freight which is shipping.

“But we will still have landing cost; labour cost and the marketers will still have to put a margin. These refineries being those that are supposed to have come to operate can now come in because they are assured that when they produce, they can sell at market rate and recover their investments and make some reasonable profits.”

She said the deregulation of the sector which led to the increase in petrol price was good for the economy as it would encourage investments in refineries.

Ahmed added, “It will mean more refineries will open, they will employ people and fuel will be available in different parts of the country and not just relying on the government refineries

“Those refineries are old and even if we turn them around, we will not be able to operate them at optimal capacity, so while the NNPC is trying to rehabilitate them, we also need to encourage the private sector refineries to come on stream and even state governments that have the capacity.”

Also speaking, the Minister of State for Petroleum Resources, Timipre Sylva, said the pump price of petrol would not drop significantly even if Nigeria is refining crude oil locally.

He said the major determinant of the cost of petrol was crude oil and as long as it remains high, the cost of petrol will not drop.

Sylva said the only thing that could make local production cheaper is that there would not be a need to pay for shipping cost.

He said the cost of labour would not be too different from the international price because local refineries would be paying expatriates.

The minister added, “For now, our supply is coming mostly from imports as we all know. And that doesn’t really have an impact on the price as people would think. The only difference that will happen if our supply was coming from in-country would have been the freight price. But whether it is coming from outside or coming from within, it will be about the same cost because when you import, the only difference is that you will have to pay the freight. But it is the same cost of crude and whether you are refining or not, you will have to pay the market price for the crude.”

The Dangote refinery is expected to commence operations next year with a capacity of refining 650,000 barrels of crude oil per day.

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NIGERIA

Ize-Iyamu: I didn’t ask Obaseki to return to APC

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Governorship candidate of the All Progressives Congress (APC) in Edo Pastor Osagie Ize-Iyamu has stated he has not addressed media professionals after last Saturday’s poll won by Governor Godwin Obaseki of the Peoples Democratic Party (PDP).

Ize-Iyamu, through his campaign organization, in a statement by the Director of Communication and Media, Prince John Mayaki, called on the traditional media to always perform due diligence in reporting events arising from Edo, stressing that unprofessionalism would render them as tools for the PDP.

He declared that it was not true that he pleaded with Obaseki to return to the APC at a news conference on Wednesday in Abuja, while insisting that nothing of such happened.

The former Secretary to the Edo State Government (SSG) said: “Many media houses have once again lent themselves to the fabrications of Obaseki and the PDP, as they did throughout the campaigns and the election.

“We warned many times the media should beware of fabrications from Obaseki and the PDP’s camp, but they did not listen.

“That is why they have reported that the election was free and fair, and that is why they have said our candidate pleaded with Obaseki to come back to APC.

‘’The video in reference is from three months ago, not after the election but doctored by Obaseki’s media handlers to seek undue legitimacy.

“We wonder if the media were being sponsored by Obaseki and the PDP, as it seems implausible that they actually believed the story.

“This is even more so, when reporters in Benin City would report Pastor Ize-Iyamu, who is currently in Abuja, where the various media organizations are also domiciled, this is to tell you the suspicion inherent in the viral video.

“Pastor Ize-Iyamu was reported in the stories as speaking from Abuja but it was the Benin reporters that covered the story. Were the reporters transported to Abuja?

“Do these media agencies actually believe the stories they carry? Obaseki and the PDP have a way of leaking false news to the media. The media have to be sensitive and professional in receiving these news.”

The governorship candidate of APC also warned of a fake twitter account purportedly belonging to him, which had been disseminating false information, while admonishing the media to avoid it like a plague and verify all their information before passing it on.

He said: “I only wish most of the media had been more professional during the election in Edo State but they were not. What is done is done.

“They (the media) pretended not to know how violent and anti-democratic the election was in many parts of Edo State, including Egor Local Government Area in Benin City.

“So, they (the media) reported that the election was free and fair. Going forward, let them (the media) verify all news before passing it on. It is the basic ethic of the profession.”

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NIGERIA

Police dismiss IPOB Oct. 1 sit-at-home call

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The police on Wednesday dismissed the call by the proscribed Indigenous People of Biafra (IPOB) for a sit-at-home on October 1.

Ebonyi State government urged residents to ignore the order and go about their normal business.

The Ohanaeze Ndigbo said it had nothing to do with the call.

IPOB leader Nnamdi Kanu said the directive was to protest “bad governance and economic annihilation”.

In a statement by IPOB Media and Publicity Secretary, Emma Powerful, Kanu urged the Igbo everywhere to boycott all activities organized to mark the Independence Day.

The statement said: “We, the global movement of IPOB, wish to announce to all Biafrans, friends of Biafra and lovers of freedom all over the world that Biafrans across the globe shall observe a sit-at-home in Biafra land  in public protests to mark October 1, 2020.

“We, therefore, enjoin all Biafrans and every conscious Nigerian, especially those ethnic nationalities reeling from the triple blow of terrorism, bad governance and economic annihilation, to boycott every government organized ceremony designed to eulogize the failure that Nigeria has become.

“This is the time to let the world know how disastrously intolerable human existence is in Nigeria.

“If you want to see an end to terrorism and organized mediocrity, now is the time to register your anger by ensuring that you and your household sit-at-home on October 1, 2020.

“Do not risk the life and well-being of your children by allowing them to gather in groups in the open where terrorists may find it easier to blow them up or kidnap them.

“This order is to highlight our position and resolve as Biafrans that we are no longer interested in propping up a crumbling state.

“The leadership of this great movement in conjunction with supporters of Biafra freedom across the globe has concluded every arrangement to let the whole world know and understand that we are no longer part of this shambolic monument to terrorism and failure.”

The group said it remained committed to “the full and irreversible restoration of Biafra sovereignty and independence for all oppressed ethnic groups in Nigeria”.

Ebonyi State government urged the people to go about their normal activities on October 1 as IPOB has no legal basis to compel anyone to stay home.

Commissioner for Internal Security and Border Peace, Stanley Emegha, said: “Who is IPOB to tell people to sit at home? That is the height of craziness on their side.

“How can you tell people who have a family to sit at home? To do what? Will you come and put food on their table?

“In the first place, we don’t even know if there is anything like IPOB existing in the state.

“People should disregard the said statement and go about their normal business on that day.”

Commissioner of Police in Ebonyi, Philip Maku, warned IPOB to steer clear of the state.

He said the proscribed group does not have the right to tell people to sit at home.

“People have the fundamental right to movement. If you try to restrict their right to move about and transact their lawful business activities, you are crossing the red line.

“If anyone tries to force people to sit at home, the Police will not fail to deal decisively with such persons,” he said.

The Anambra State Police Command also urged residents to ignore the call.

The spokesman, Mohammed Haruna, told our correspondent that IPOB remained banned and had no right to make the call.

The Anambra State President of Ohaneze Ndigbo, Chief Damian Okeke-Ogene, said the socio-cultural organisation has nothing to do with the directive.

Besides, he said Ohaneze had no control over IPOB.

He said: “They have their Modus Operandi and we have ours. That means, we have no control over them and they also don’t have over us.”

Activist-lawyer Emperor Ogbonna said IPOB lacked the right to compel non-members to stay at home.

He told our correspondent that the banned group would be infringing on others rights by stopping anyone from exercising their right to movement.

Ogbonna said: “IPOB members and their sympathizers have the right to stay-at-home and to go out.

“IPOB doesn’t have the powers to tell everybody in the Southeast not to go out because not everybody belongs to IPOB.

“They cannot compel non-members to comply with their order. If they do so, they will be infringing on the rights of those who are not members.”

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NIGERIA

Kogi declares two-day mourning over tanker explosion

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Kogi has declared a two-day mourning period in memory of those that died in the tanker explosion in Felele, along the Lokoja-Abuja highway on Wednesday.

No fewer than 25 persons, including five students of the state-owned polytechnic, three nursery school pupils and passersby were burnt beyond recognition in the resulting explosion from an auto crash.

The crash, which was said to have been caused by brake failure in the fuel- laden tanker involved five cars, two motorcycles and three tricycles, all of which went up in flames in the ensuing inferno.

Kogi government in a statement by the Commissioner for Information and Communications, Kingsley Fanwo, said full investigations will be carried out to determine the “causes of the painful incident.”

It called on the relevant Federal Government agencies to provide relief materials to support what the State Government shall be providing to the relatives of the victims.

Governor Yahaya Bello had also called on Federal Government to quickly repair failed portions of its roads strewn across the state, to curb incessant accidents.

The Governor made the request when he paid a visit to the Minister of Works and Housing, Babatunde Fashola, in Abuja on Wednesday.

Bello was quoted to have said that the deplorable state of federal roads in the state has led to many accidents.

The statement reads: “The government of Kogi State has declared a two-day state mourning in honor of the victims of the Felele tanker accident on Wednesday 23rd September, 2020.

“The governor and the government of Kogi State are saddened by the unfortunate incident that claimed many lives in the early hours (of Wednesday).

“The primary responsibility of government is to ensure the safety and well-being of the Kogi people. As a result of the importance placed on the lives of our people, government has declared a two-day state mourning to honor the departed souls.

“In this time of grief, we urge the people to be deep in sober reflection and stand together for one another to pull out of the agonizing loss.

“Government wishes to reiterate her call on road users to act responsibly in order to avert unfortunate situations that simple care and caution could have averted.

“Full investigations will also be carried out to determine the causes of the painful incident.

“The Kogi State government wishes to assure families that lost loved ones and those whose houses were affected of support at this trying moment. We also call on relevant Federal Government agencies to provide relief materials to support what the state government shall be providing.

“Our hearts are with the affected families. May the souls of the departed rest in peace.”

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