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Why Tinubu Will Not Intervene In Dangote, NNPCL Feud — Presidency

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The Presidency has explained why President Bola Tinubu won’t intervene in the fuel price controversy between Dangote Refinery and the Nigerian National Petroleum Company Limited (NNPCL).

According to Bayo Onanuga, Special Adviser to the President on Information and Strategy, President Tinubu will not get involved because both companies operate independently in a deregulated market.

Onanuga made this clear while briefing State House Correspondents at the Presidential Villa in Abuja on Wednesday.

He emphasized that the Petroleum Industry Act (PIA) allows NNPCL to operate as a limited liability company, despite being government-owned.

He said: “The PMS (Premium Motor Spirit) field, the PMS regime has been deregulated.

“Dangote is a private company.

“NNPCL should not forget it’s a limited liability company.

“Whatever controversy both of them are having is their problem.

“They are operating, even if you go by the terms of Petroleum Industry Act, NNPCL is on its own, even though it’s owned by the Federal Government, the state government and local councils and everything, but it’s operating as a limited liability company.

“You can see what the private market has said that if think they find the NNPC or Dangote price too much for them, they will resolve to import fuel because they clear the market at the end of the day.

“It’s the consumer who benefits if a price war starts.

“If NNPC fuel price is too much, the private marketer can go to the market and bring in their fuel and sell at the price that they think is very reasonable and profitable for them.

“So my answer is that, as far as this is concerned, the government is not dabbling into this controversy.

“Dangote as a private company is working on his own.

“NNPC is a limited liability company, and it has the right to fix the price of its own and so on.”

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We’re Going To Do Things Nigeria Won’t Be Happy About — Trump [VIDEO]

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United States President Donald Trump has reiterated his warning of potential military action in Nigeria over the alleged targeted killing of Christians by extremist groups in the country.

In a video broadcast on Wednesday, Trump, speaking behind a lectern adorned with the seal of his office, condemned the attacks said to be perpetrated by radical Islamist factions. He cautioned that there would be “immediate consequences” if Nigerian authorities failed to take decisive steps to stop the violence.

The US President restated that Washington would cut off all forms of aid to Nigeria if the killings persist, warning that “there would be hell to pay.”

Trump disclosed that he had directed the US Department of War to prepare for possible intervention, adding that any military action would be “vicious and sweet.”

He described the situation as an “existential threat” to Christianity in Nigeria.

Quoting him, Trump said: “If the Nigerian government continues to allow the killing of Christians, the USA will immediately stop all aid assistance to Nigeria.

“We are going to do things to Nigerians that Nigeria is not going to be happy about and may very well go into that now disgraced country, guns-a-blazing to completely wipe out the Islamic terrorists who are committing these horrible atrocities.

“I am hereby instructing the Department of War to prepare for possible actions. If we attack, it is going to be vicious and sweet just as the terrorist thugs attack our cherished Christians. The Nigerian government had better move fast before it is too late.

“Christianity is facing an existential threat in Nigeria. Thousands and thousands of Christians are being killed. Radical Islamists are responsible for this mass slaughter.”

Trump also directed Riley Moore, a member of the US House of Representatives, and Tom Cole, chairman of the House Appropriations Committee, to investigate the killings and provide an immediate report.

He emphasised that the United States “cannot stand by” while such acts continue, stressing America’s commitment to protecting Christian communities not only in Nigeria but around the world.

Video credit: Theeagleonline

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Dangote Refinery Withdraws Suit Challenging Import Licence Issuance By NMDPRA

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Dangote Petroleum Refinery has withdrawn its N100 billion lawsuit challenging the issuance of import licences for petroleum products in Nigeria.

The company had, on September 6, 2024, filed the suit against the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) as the first defendant, and the Nigerian National Petroleum Company (NNPC) Limited as the second defendant. Five other companies were also listed as co-defendants in the case.

The additional defendants were AYM Shafa Limited, A. A. Rano Limited, T. Time Petroleum Limited, 2015 Petroleum Limited, and Matrix Petroleum Services Limited.

In the suit, Dangote Refinery asked the court to declare that the NMDPRA violated Sections 317(8) and 317(9) of the Petroleum Industry Act (PIA) by issuing licences for petroleum product importation. The company contended that, under the PIA, such licences could only be granted when there was a shortfall in local petroleum product supply.

At the resumed court session on Wednesday, counsel to the plaintiff, C. O. Adegbe, informed the court that Dangote Refinery had filed a notice of discontinuance of the suit on July 28, after all parties agreed that the matter should be struck out.

Following the submission by Adegbe and the responses from the defence lawyers, the presiding judge, Justice Mohammed Umar, subsequently dismissed the suit.

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AMAA 2025: Made Kuti Headlines 2025 Edition As Over 150 Film Practitioners Set To Attend

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Talented Afrobeat singer and multi instrumentalist, Omorinmade Kuti aka Made Kuti is billed to thrill as over 500 African film practitioners across the African continent and diaspora have confirmed their attendance for the 21st edition of the Africa Movie Academy Awards, AMAA.

The awards ceremony is scheduled to be held on Sunday, November 9, 2025 at the Balmoral Convention Centre, inside Sheraton Hotel, Ikeja GRA, Lagos.

The Chief Operating Officer of AMAA, Mr Tony Anih, made this known recently at the AMAA secretariat situated in Ikeja, GRA, Lagos.

Anih informed that the 21st edition of AMAA will be spiced up with musical performances from some of the biggest and best music stars in continental genres.

Reacting to the expectations about the night, AMAA’s technical director, Mr Kingsley James expressed that it will be a night to remember as all hands are on deck to make the 21st edition not only special but memorable like the previous editions.

James also noted that the music artists performing have been carefully selected from Africa knowing fully well their dexterity and brilliance in African genre of music.

“We have an impeccable and African line up that would wow all attendees. For musical performances, the cast will be led by Made Kuti, the hugely talented multi-instrumentalist and grandson of Afrobeat progenitor, Fela Anikulapo Kuti. Also billed to perform at 2024 AMAA are DJ Kenchello and the Ebony band will also be on the band stand to thrill attendees to a memorable night,” said James.

Also expected to grace the occasion include Nollywood stars and dignitaries from different walks of life.

On Friday, November 7, the Africa Film Academy, AFA, the producers of AMAA, will hold the Africa Fashion show in Lagos. The event heralded the Fashion weekend in Lagos, Nigeria.

“The 21st edition of the AMAA is a big deal like other editions and the board of AFA, owners of the continental film awards have concluded to roll out drums and make this edition memorable to all African filmmakers, creatives, nominees, and everyone who had ever been on the AMAA stage.

“We are not just going to be rolling out in a big way, we are intentional about making the 2025 edition one of the best AMAAs that Africans will celebrate the gathering of several African film practitioners and creatives. This has always been what our late sister and founder, Peace Maria Ogechi Anyiam-Osigwe had been planning and wished for before her death and we will actualize the dream to the glory of God, legacy of PMO and lofty strides of the African film sector,” Dr. Raymond Anyiam-Osigwe said.

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