Connect with us

BIG STORY

BUSINESS: Dangote Refinery To Start Petrol Refining November — Official

Published

on

Dangote Refinery is slated to start refining petrol by November 30, 2023, and diesel and jet fuel operations by October 2023, the group’s executive director Devakumar Edwin says.

In an interview with S&P Global Commodity Insights on Monday, Edwin added that the refinery would receive its first crude cargo in two weeks’ time and would begin producing up to 370,000 barrels per day of diesel and jet fuel in October 2023.

Furthermore, Edwin stressed that the refinery would initiate a gradual increase in petrol production, aiming to reach an impressive 650,000 barrels per day by November 30. He emphasised the refinery’s readiness to receive crude oil, stating, “Right now, I’m ready to receive crude. We are just waiting for the first vessel. And so, as soon as it comes in, we can start.”

Regarding the shift in the original timeline, Edwin clarified, during his conversation with S&P, that the Nigerian National Petroleum Corporation Limited had already committed their crude oil to another entity on a forward basis, causing a temporary delay. He said that the setback is momentary, and the refinery would soon run exclusively on Nigerian crude oil as of November 2023.

He noted that the Nigerian oil would be purchased in US dollars, and not naira because it is in a free trade zone on the outskirts of Lagos. However, the NNPCL will supply some crude at knockdown prices due to its equity stake.

Edwin further stated that, aside from heavy Angolan grades, the Dangote refinery can process most African crudes, as well as Middle Eastern Arab Light and even US light-tight oil.

He said, “We can take even some of the Russian grades… if the global system opens up to allow us to receive them. Basically, if you look at our production profile, 50% of my production will meet 100% of the requirements of the country.

“Excess gasoline, which will be 10 ppm sulfur Euro 5 quality, will be exported to other African markets as well as the US and South America, although the volumes will be relatively small. Meanwhile, jet fuel will be exported to Europe and diesel will be sold in sub-Saharan Africa.”

S&P also quoted Edwin as saying the refinery would be “enormously beneficial to the country” by establishing a reliable supply of “environmentally-friendly” refined products and bringing “a huge amount of foreign exchange into the country.”

Furthermore, Edwin noted that the refinery would play a pivotal role in alleviating the fuel supply challenges faced by import-dependent West Africa, worsened by Nigeria’s recent removal of fuel subsidies, which had led to a thriving illicit gasoline market due to price fluctuations.

Additionally, he added that the revenues generated from the refinery’s operations would be reinvested to fuel further developments, underscoring Aliko Dangote’s commitment to Nigeria.

“The money will be coming back in, and it will go for further investments,”

“Aliko Dangote is from Nigeria and his focus is always on Nigeria,” Edwin said.

BIG STORY

NDLEA Arrests South African Woman with Heroin at Abuja Airport

Published

on

The National Drug Law Enforcement Agency has arrested a 38-year-old South African woman, Will Ann, at the Nnamdi Azikiwe International Airport, Abuja, for allegedly attempting to smuggle 5.75 kilograms of heroin into Nigeria while travelling with her three-year-old son.

According to the agency, the suspect was arrested on Monday, July 6, 2026, during the inward clearance of passengers aboard Qatar Airways Flight QR1433 from Doha.

NDLEA said the suspect allegedly concealed 14 large blocks of heroin in two suitcases and initially denied travelling with any checked-in luggage.

In a statement issued on Sunday by the agency’s Director of Media and Advocacy, Femi Babafemi, the anti-narcotics agency said its operatives established that the baggage tags matched the claim tags attached to the suspect’s passport, prompting her to admit ownership of the bags.

The statement read, “Though she initially denied travelling with check-in bags, after operatives were able to quickly establish that the two bags containing the drugs had tags which tallied with the claim tags attached to her passport, she recanted and admitted ownership of the bags, adding that she forgot she checked in the two bags.”

The agency said the suspect claimed she travelled from Cambodia through Doha to Abuja.

NDLEA further alleged that intelligence indicated she was part of a transnational drug trafficking organisation operating along the Cambodia-South Africa axis with her husband and partner, Jan Coenraad De Jager.

Continue Reading

BIG STORY

Pete Edochie, Peju Ogunmola, Steve Sodiya, Ruth Kadiri To Receive Top Honours At 2026 BON Awards

Published

on

The organisers of the Best of Nollywood (BON) Awards have pulled back the curtain on this year’s special honourees, naming veteran and leading industry figures Chief Pete Edochie, Ruth Kadiri, Peju Ogunmola, and Steve Sodiya as the recipients of its prestigious Special Recognition Awards.
The announcement sets the stage for a spectacular celebration of the individuals who have spent decades shaping the identity, growth, and global visibility of Nigerian cinema.
According to the BON Awards committee, this year’s recipients were meticulously selected for their exceptional artistry, longevity, dedication to mentorship, and profound impact across multiple generations of moviegoers. Each honouree represents a distinct pillar of the industry, bridging the gap between Nollywood’s foundational years and its modern-day global dominance.
Chief Pete Edochie, MON, is being honoured for his commanding screen presence and decades of portraying wisdom, authority, and Nigerian culture on screen. As a national icon, his legendary performances continue to serve as a blueprint for storytelling in Nigeria and across the African continent.
Joining him in the spotlight is acclaimed actress, producer, and screenwriter Ruth Kadiri, who is recognised for her consistent box-office success, YouTube trailblazing, prolific storytelling, and her intentional commitment to empowering behind-the-scenes professionals through various industry-uplifting initiatives.
The honours also extend to Peju Ogunmola, a revered veteran of both stage and screen, who is being celebrated for her immense versatility in Yoruba and English cinema, as well as her lifelong dedication to preserving indigenous culture through film and theatre.
Rounding out the stellar list of honourees is Steve Sodiya, an accomplished editor, director, and talent development advocate. Sodiya is being recognised for his invaluable contributions both on-screen and behind the scenes, particularly through his mentorship and training programs that have helped shape the next generation of Nollywood talent.
Reflecting on the significance of the selection, the BON Awards team expressed immense pride in celebrating these trailblazers, noting that the four individuals represent the very heart of Nollywood: excellence, resilience, and service. They added that from Chief Pete Edochie’s legendary legacy and Ruth Kadiri’s modern-day industry leadership to Peju Ogunmola’s cultural impact and Steve Sodiya’s commitment to talent development, their legacies are undeniable.
As one of Nigeria’s premier film reward platforms, the Best of Nollywood Awards continues its long-standing tradition of celebrating excellence in both indigenous and English-language cinema. The Special Recognition presentations will take place during the main awards ceremony during the ‘ember’ months in Nigeria, with the organisers promising to share further details regarding the official date, venue, and broadcast channels shortly.

Continue Reading

BIG STORY

[PHOTOS] How 44 Abducted Oyo Pupils, Teachers Were Rescued From Ansaru Terrorists—— Army

Published

on

The Nigerian Army has revealed how troops, working with other security agencies, rescued pupils and teachers abducted by suspected Ansaru terrorists in Oriire Local Government Area of Oyo State after 56 days in captivity.

The Army said the victims regained their freedom following an intelligence-led operation that lasted for more than a month and targeted the kidnappers’ network and hideouts in the Old Oyo National Park and other parts of the country.

According to a statement issued hours after the rescue on Friday by the Acting Deputy Director, 2 Division Army Public Relations, Lt. Col. Danjuma Danjuma, the operation involved troops of the Nigerian Army led by the General Officer Commanding 2 Division, Maj. Gen. Chinedu Nnebeife.

The soldiers worked alongside operatives of other security agencies, the Amotekun Corps, local vigilantes, and hunters.

The Army said 44 abducted pupils and teachers were rescued in total.

It explained that the operation focused on identifying the terrorist kingpins behind the abduction, dismantling their logistics network, and arresting their informants.

The statement read, “Following an intelligence-led, carefully planned and executed operation on 10 July 2026, troops of the Nigerian Army, led by the General Officer Commanding 2 Division, Nigerian Army, Ibadan, Major General C.R. Nnebeife, in collaboration with special units from the Office of the National Security Adviser (ONSA), specifically the National Counter Terrorism Centre (NCTC), the Defence Headquarters with Special Forces elements from the Nigerian Army, Navy, the Air Force and the Nigeria Police, the Department of State Services (DSS), National Intelligence Agency (NIA), the Nigeria Security and Civil Defence Corps and other security agencies, as well as local vigilantes, hunters and Amotekun, in a well-coordinated operation rescued a total of 44 pupils and teachers kidnapped by terrorists from Oriire Local Government Area of Oyo State on 15 May 2026.

“The operations, which lasted for more than a month, focused on identifying the terrorist kingpins that masterminded the kidnapping, busting and dismantling their networks and logistics links, including their informants and hideouts located within the Old Oyo National Park Forest, Oyo State.”

According to the Army, several suspects were arrested in Oyo and other states, a development it said disrupted the group’s activities and forced the terrorists to free the captives.

“As part of the operations, multiple arrests were made within Oyo State and in other locations across some states in the country.

“These arrests completely disorganised the group, exerted overwhelming pressure on them and ultimately led the terrorist group to release the pupils and teachers unconditionally. Further operations are to be conducted,” it stated.

The Army added that the operation was carefully executed to ensure the safe rescue of the victims without collateral damage.

“However, there were some casualties on the part of the security forces,” the statement added.

The Army disclosed that the rescued pupils and teachers are receiving medical attention at an undisclosed hospital before being handed over to the Oyo State Government for reunification with their families.

The GOC, on behalf of all participating agencies, thanked President Bola Tinubu for his strategic guidance and support, which he said contributed to the operation’s success.

He also commended Oyo State Governor Seyi Makinde, the National Security Adviser, the Minister of Defence, General Christopher Musa (Rtd.), the Chief of Defence Staff, the Chief of Army Staff, other service chiefs, Inspector-General of Police Olatunji Disu, the Directors-General of the DSS and NIA, and heads of other security agencies for their support.

The Army further appreciated media organisations and Nigerians for supporting the security agencies and urged members of the public to remain vigilant by providing timely and credible information to aid ongoing security operations.

The victims were abducted on May 15 when gunmen attacked Community Grammar School, Baptist Nursery and Primary School, and L.A. Primary School in the Esiele and Yawota communities of Oriire Local Government Area of Oyo State.

According to earlier official accounts, 39 pupils and seven teachers were taken during the attack, while the assistant headmaster of L.A. Primary School, Joel Adesiyan, was killed during the attack while attempting to escape.

Another teacher, Michael Oyedokun, was beheaded by the terrorists while in captivity.

Continue Reading


 

 

 

 

 

 

 

Join Us On Facebook

Most Popular


Warning: Undefined array key "slug" in /home/porsch10/public_html/wp-includes/class-wp-theme-json.php on line 2117

Warning: Undefined array key "slug" in /home/porsch10/public_html/wp-includes/class-wp-theme-json.php on line 2117

Warning: Undefined array key "slug" in /home/porsch10/public_html/wp-includes/class-wp-theme-json.php on line 2117