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Buhari, Five African Presidents To Commission Dangote Petroleum Refinery [PHOTOS]

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In an epoch-making event that will positively transform Nigeria’s oil and gas sectoral landscape, President Muhammadu Buhari will today commission Dangote Petroleum Refinery & Petrochemicals, the world’s largest single train refinery in Ibeju-Lekki, Lagos; alongside his counterparts from Ghana, Togo, Senegal, Niger, and Chad.

Promoted by Africa’s richest man, Aliko Dangote, the petroleum refinery with a capacity to process 650,000 barrels per day (bpd) is sitting on 2,635 hectares of land located in Dangote Industries Free Zone in Ibeju-Lekki, Lagos, and will provide employment to over 100,000 persons. The coming onstream of the gigantic project is expected to mark Nigeria’s exit from the league of oil-rich nations that are heavy importers of petroleum products.

Expected at the historic event apart from international dignitaries are the Presidents of Togo, Gnassingbé Eyadéma; Ghana’s Nana Akufo-Addo; President of Senegal, Macky Sall; President of Niger Republic, Mohamed Bazoum, President of Chad, Mahamat Déby and a host of ambassadors, President Paul Kagame of Rwanda, who will not be physically present, will present his goodwill message virtually.

As at the time of filing this report, all the 36 state governors and most of the governors-elect, ministers, senators, and captains of industries in Nigeria and others from outside the country, global oil traders, top international bankers, international multilateral agencies have indicated their readiness to grace the ceremony.

Nigeria’s President-Elect, Bola Ahmed Tinubu whose administration as the governor of Lagos in 2002 floated the Free Trade Zone in Ibeju-Lekki where the Refinery is located, is expected to be at the event.

The commissioning of Dangote Petroleum Refinery is significant given that it is the first time that a refinery of such magnitude built by an individual is being commissioned.

Dangote’s petroleum refinery is expected to meet the needs of Nigerian consumers and those in neighbouring countries, while allowing for exports beyond the African continent. The refinery will drive the promotion of the African Continental Free Trade Area (AfCFTA) as over 50 countries in the trade bloc depend on imported refined petroleum products.

According to the Facts Sheet on Dangote Petroleum Refinery, the new Refinery can meet 100% of the Nigerian requirement of all refined products (Gasoline, 53 million litres per day; Diesel, 34 million litres per day; Kerosene, 10 million litres per day, and Aviation Jet, 2 million litres per day) and also have surplus of each of these products for export.

“The refinery is designed for 100% Nigerian Crude with flexibility to process other crudes. It has self-sufficient marine facility with ability for freight optimisation, and the largest single order of 5 SPMs anywhere in the world. Diesel and Gasoline Products from the refinery will conform to Euro V specifications.

“The refinery design complies with World Bank, US EPA, European emission norms and Department of Petroleum Resources (DPR) emission/effluent norms. State-of-the-art technology. Designed to process large variety of crudes including many of the African Crudes, some of the Middle Eastern Crudes and the US Light Tight Oil,” the Facts sheet added.

It also stated: “65 Million Cubic Metres of sand dredged costing approximately Euros 300 million, using the world’s largest, the second largest and the tenth largest dredgers to elevate the height by 1.5 metres, to insure against any potential impact of increase in mean sea level due to global warming. Bought over 1,209 units of various equipment to enhance the local capacity for site works.

“332 cranes to build up equipment installation capacity. Built the world’s largest granite quarry to supply coarse aggregate, stone column material, stone base, stone dust & material for break water. (10 million tonnes per year production capacity).

“Developed a port and constructed two quays with a load bearing capacity of 25 tonnes/ sq metres to bring Over Dimensional Cargoes close to the site directly. The company also constructed two more quays in the port with a capacity to handle up to Panamax vessels to export fertiliser and petrochemicals and two quays to handle liquid cargoes. The port will thus have 6 quays, including a Roll-on/Roll-off quay”, the sheet added.

BIG STORY

NDLEA Intercepts Europe-Bound Drug Barons At Lagos, Abuja Airports

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Operatives of the National Drug Law Enforcement Agency (NDLEA) have thwarted attempts by drug syndicates to export large consignments of cocaine, methamphetamine, and opioids through the Murtala Muhammed International Airport in Ikeja, Lagos, and the Nnamdi Azikiwe International Airport in Abuja, to the United Kingdom, Italy, Turkey, and Qatar.

A total of 13 parcels of cocaine weighing 4.40kg, destined for the United Kingdom via Frankfurt on a Lufthansa Airlines flight, were intercepted by NDLEA officers at the export shed of the Lagos airport on November 5, 2024.

A statement issued on Sunday by the agency’s spokesperson, Femi Babafemi, revealed that a businessman linked to the consignment, Ekeocha Nelson, was tracked and arrested on November 8.

Babafemi also reported the arrest of another businessman, Adegbite Solomon, who attempted to export 7,800 pills of tramadol, among other drugs.

He said, “The bid by another businessman, Adegbite Solomon (aka Obama), to export 7,800 pills of tramadol, 180 tablets of Rohypnol, and 60 bottles of codeine to Italy was also foiled at the departure hall of the Lagos airport on Monday, November 11, when the NDLEA operatives arrested him after recovering the opioids concealed in food and other items while attempting to board an Ethiopian Airlines flight to Italy. He claimed to have travelled to Europe through the Mediterranean Sea and earned a living as a street beggar before delving into the logistics business.”

Babafemi further mentioned the arrest of another businessman, Anoke Roomy, who was caught with 1,100 pills of tramadol 225mg hidden in his luggage while attempting to board an Ethiopian Airlines flight to Istanbul, Turkey, at the Lagos airport on November 15.

He added, “Following credible intelligence, the NDLEA officers of the Directorate of Operations and General Investigation, and their counterparts from the FCT Command of the agency on Friday, November 15, raided a hotel room at the Federal Housing Authority estate, Lugbe, Abuja, where they arrested two suspects: Omeh Uchenna Jude, 36, and Anene Valentine Chigozie, 34. Recovered from them was 1.8kg methamphetamine, which they were preparing to travel with to Qatar.”

In another intelligence-led operation, Babafemi said a trans-border drug trafficker, Emmanuel Okeke, was arrested during an attempt to smuggle drugs to Ghana.

He said, “Officers of an NDLEA task force on Saturday, November 16, foiled the attempt by a trans-border trafficker, Emmanuel Okechukwu Okeke, to smuggle 50,000 pills of tramadol 225mg from Ghana into Lagos. The pills were concealed in the body compartments of a Toyota Hummer Bus belonging to the GUO Transport Company, driven by the suspect. The vehicle was intercepted at the Ijanikin area of the Lagos-Badagry Expressway while coming from Ghana.”

In Edo State, Babafemi reported the recovery of no fewer than 997kg of cannabis during raids in various parts of the state.

“While 680kg of cannabis and a Sienna bus marked FST-320 AE were seized at a bush path to the Oghada forest in Oghada, Orhionmwan LGA, 180.5kg of the same substance was recovered from a suspect, Cecilia Ibe, 31, at the Ofosu forest, Ovia South West LGA, and 136.5kg evacuated from a building in Otuo community, Owan East LGA on Thursday, November 14,” he added.

In Kwara State, Babafemi mentioned that NDLEA operatives arrested a suspect, Adio Sulaiman, with 120.8kg of cannabis and some litres of codeine at Gaa Odota in Ilorin West LGA.

“While Kelechi Obichere, 42, was nabbed with 75kg of cannabis at Eziobodo, Owerri West LGA, Imo State on Thursday, November 14, a total of 563.74 kilograms of the same psychoactive substance were recovered from a 60-year-old suspect, Anthony Anakabi, following his arrest at Iyalode, Iyana Church area of Ibadan, the Oyo State capital,” he concluded.

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BIG STORY

Lagos Wants To Colonise North With Tax Reform Bills, National Assembly Must Reject Them — Kwankwaso

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Rabiu Kwankwaso, former governor of Kano, has called on the national assembly to reject any attempts to “cheat” the north through the proposed tax reform bills.

Kwankwaso made this statement on Sunday during the convocation ceremony of Skyline University at the Ammani Centre, Nassarawa GRA, Kano state.

He accused Lagos of “making a lot of efforts” to colonise the north, and further alleged that the president, who hails from Lagos, is interfering in the emirship dispute in Kano.

“The Emir has just been installed at this difficult time in our country, especially in this part of the country, northern Nigeria,” he said.

“Today, we can see very clearly that there is a lot of effort from the Lagos axis to colonise this part of the country.”

“Today, Lagos wouldn’t allow us to choose our Emir. Lagos has to come to the centre of Kano to put their own Emir.”

“Today, we are aware that the Lagos young men are working so hard to impose and take away our taxes from Kano and this part of the country to Lagos.”

The Kano emirship is currently the subject of litigation. Muhammadu Sanusi was reinstated as Emir of Kano in May, but Aminu Bayero, who was previously removed to make way for Sanusi, has refused to step aside.

  • TAX REFORM BILLS

Kwankwaso, the New Nigeria Peoples Party (NNPP) presidential candidate in the 2023 elections, also claimed that many factory owners have been “forced” to relocate their headquarters to Lagos, enabling the southwest state to claim “all the taxes.”

“We have seen the effort of some people to make the poor poorer and the rich richer. And I believe this is very dangerous for us,” Kwankwaso said.

“This part of the country today is suffering from a serious economic crunch, insecurity, poverty, hunger, and diseases.”

“I believe this is not good for the cordial existence of our country. At this moment, I would like to call on all our national assembly members to keep their eyes open so that they don’t do anything that will cheat the people of northern Nigeria, especially here in Kano.”

“We are witnesses to what happened during the first term of Olusegun Obasanjo from 1999 to 2003, where our members of the national assembly were bribed into collecting a huge sum of money to support onshore/offshore in the country.”

“That law put a huge blow on our economy in northern Nigeria and all other states.”

  • BACKGROUND

On October 3, President Tinubu asked the national assembly to consider and pass four tax reform bills.

These proposed legislations, which have sparked intense debate, include the Nigeria tax bill, the tax administration bill, and the joint revenue board establishment bill.

The president also requested the parliament repeal the law establishing the Federal Inland Revenue Service (FIRS) and replace it with the Nigeria Revenue Service.

On October 28, the Northern States Governors Forum (NSGF) opposed the bills, arguing that the proposed legislation would harm the region’s interests. The governors asked the national assembly to reject the bills, calling for the equitable and fair implementation of national policies across all regions.

The National Economic Council (NEC) also urged Tinubu to withdraw the bills to allow for further consultations.

On November 1, President Tinubu stated that the bills would not be withdrawn, emphasizing that the proposed laws are designed to improve the lives of Nigerians and optimise existing tax frameworks.

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BIG STORY

PDP Rejects Outcome Of Ondo Election, Calls For Review

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The Peoples Democratic Party (PDP) has rejected the result of the Ondo state governorship election.

Lucky Aiyedatiwa, candidate of the All Progressives Congress (APC), was declared the winner of the Ondo state governorship election held on Saturday.

Aiyedatiwa, the incumbent governor of Ondo state, won the election in all 18 LGAs, securing 366,781 votes to defeat his closest rival, Agboola Ajayi of the Peoples Democratic Party (PDP), who received 117,845 votes.

In a statement issued on Sunday, Debo Ologunagba, PDP spokesperson, said the poll “runs short of all expectations and requirements of a free, fair and credible election.”

“The Peoples Democratic Party and indeed all lovers of democracy in Nigeria and across the world have just witnessed the worst election conducted by the Independent National Electoral Commission (INEC),” the statement reads.

Ologunagba further claimed that the election “witnessed the height of electoral swindle, deceit and manipulation” allegedly perpetrated by the APC.

He added that the poll “witnessed widespread election merchandising, monetisation and barefaced vote buying” and voter suppression.

Ologunagba called on Nigerians and the international community to take “serious action” to address all forms of election manipulation and protect the nation’s democracy.

The PDP spokesman concluded by stating that the party will “take appropriate action” after reviewing the election outcome.

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