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BUSINESS: Fuel War Brews As Dangote Presses President Tinubu To Ban Imports

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The President of the Dangote Group, Alhaji Aliko Dangote, urged President Bola Tinubu to include refined petroleum products on the list of items restricted under the ‘Nigeria First’ policy of the Federal Government. However, oil marketers and industry analysts opposed the proposal on Sunday.

The ‘Nigeria First’ policy restricts government agencies from importing goods that can be produced locally. In May, Tinubu instructed that agencies should not procure foreign goods or services already available in Nigeria unless they obtain a waiver from the Bureau of Public Procurement.

Speaking at the Global Commodity Insights Conference on West African Refined Fuel Markets—organized by the Nigerian Midstream and Downstream Petroleum Regulatory Authority in collaboration with S&P Global Insights—Dangote called for petrol, diesel, and other refined petroleum products to be added to the policy’s restricted items.

He argued that fuel importation undermines local refining and discourages further investment in the sector and economy. He called on African governments to adopt protective measures similar to those of the United States, Canada, and the European Union to defend domestic producers from “unfair competition”.

Dangote emphasized that the “Nigeria First policy announced by His Excellency, President Bola Tinubu, should apply to the petroleum product sector and all other sectors.”

His proposal aimed to restrict imports of petrol, diesel, and other locally refined products. He stated that local refiners struggle to sell their products due to what he termed as dumping. He accused importers of flooding the market with toxic fuel unfit for sale in Europe.

“And to make matters worse, we are now facing increased dumping of cheap, often toxic petroleum products, some of which are blended to substandard levels that would never be allowed in Europe or North America,” he said.

He also noted that some of these imports include fuel or crude oil subsidised in Russia, which distorts local pricing and forces refiners to sell below cost.

“Due to the price caps on the Russian petroleum products, discounted petroleum products produced in Russia or with discounted Russian crude find their way to Africa, severely undercutting our local production, which is based on full crude pricing. This has created an unlevel playing field in most African countries. Petrol and diesel are sold for about a dollar net of taxes.

“In Nigeria, due to this unfair competition, this price is just about 60 cents, even cheaper than Saudi Arabia, which produces and refines its own oil. This is due to the fact that we are having too much dumping. To remain viable, we urge the governments across Africa to take deliberate steps as the United States, Canada, and the European Union have done to protect domestic producers from unfair competition,” he stated.

Dangote clarified that this move was not about monopolising the sector but encouraging local investment. He criticised wealthy Nigerians for investing abroad while criticising those building within the country.

“Let me take this opportunity to address concerns around monopoly and dominance. The reality is that too many people who have the means and the opportunity to contribute meaningfully to our nation’s growth choose instead to criticise from the sidelines while investing their wealth abroad,” Dangote said.

He revealed that his $20bn refinery has exported approximately 1.35 billion litres of petrol within 50 days, positioning Nigeria as a net exporter of petroleum products.

“Today, Nigeria has actually become a net exporter of refined products. Before I came on the podium, I asked my people how many tonnes of PMS we have actually exported. From June beginning to date, we have exported about 1 million tonnes of PMS, within the last 50 days,” he said.

Marketers tackle Dangote

Oil marketers rejected Dangote’s request, urging the government to continue allowing fuel importation.

The National Publicity Secretary of the Independent Petroleum Marketers Association of Nigeria, Chinedu Ukadike, told our correspondent that banning imports would damage the sector.

“We independent marketers will depart from that request. If the government does that, that means we will not be able to check inflation and monopoly, since it is the only refinery operating in the country now. We should continue to import even as we buy locally.

“I heard that the NMDPRA stated clearly that Dangote cannot produce all the fuel that the country needs. We will appreciate it if the country allows importation to continue since we are not paying subsidy,” Ukadike said.

Responding to Dangote’s claim that importation would harm local businesses, Ukadike disagreed. “Importation won’t kill local businesses or refineries; it will strengthen them. It will ensure local refineries step up their game. I don’t agree with Dangote on this,” he said.

The National President of the Petroleum Products Retail Outlet Owners Association of Nigeria, Billy Gillis-Harry, also opposed banning fuel imports. He argued that a free economy must avoid monopolies and maintain diverse energy sources.

“I don’t agree with Dangote. We are running a free economy. There’s no reason why any one company should have an overarching value on the entire industry.

“Importation is not killing the economy. Importation is stabilising the sources of petroleum products. Importation of all products is useful. However, those that can be produced in Nigeria, like toothpicks, garri, egusi soup, cassava, and others like that, should be banned.

“But importation of refined petroleum products should not be banned because it helps to ensure that there are multiple sources of energy and replenishment,” Gillis-Harry stated.

Expert reacts

Professor Dayo Ayoade from the University of Lagos warned that banning petroleum imports could lead to monopolistic control.

“No, we cannot have a ban on petroleum imports. It’s not a legal ban. That would not be acceptable because we don’t have diverse sources for petroleum products. We can’t rely solely on the Dangote refineries. That would give a monopoly to a private individual.

“And for the reasons of energy security and national security, that would be completely unacceptable. The government should continue to encourage, liberalise, and ensure other refineries come upstream. NNPC may want to privatise or sell off its refineries, then that’s fine. But we need to have a better base of product market before we now start to say we want to ban imports,” he said.

He added that international trade law doesn’t support outright bans.

“And you know, when we talk about bans, we have to look at international trade. International trade law does not really sit well with banning things. So, we have to be clever about how we do it. But if the market is ripe, it will be more expensive to bring in things from other countries than our own products, provided they are of sufficient quantity and the quality is fine,” the don submitted.

More refineries

At the NMDPRA conference, Dangote called for more refineries and urged the withdrawal of dormant licences.

The IPMAN spokesman agreed. “On that side, I agree with him. You can’t obtain a licence to build a refinery and use it to decorate your house. The nation needs more refineries to do more exports.”

Dangote reiterated that his refinery could meet Nigeria’s fuel needs and said efforts to undermine the facility through importation were harmful. He revealed the refinery is targeting 700,000 barrels per day capacity by December, up from the current 650,000 BPD.

Last Friday, Dangote stepped down as Director and Chairman of Dangote Cement’s Board of Directors. The Group’s Chief Branding & Communications Officer, Anthony Chiejina, said he was focusing on the $20bn refinery, petrochemicals, fertiliser, and government relations.

The refinery is currently receiving 4,000 compressed natural gas-powered trucks for its free fuel delivery scheme starting August 1. The initiative will provide petrol, diesel, and aviation fuel directly to filling stations and bulk users such as telecom companies.

 

Credit: The Punch

BIG STORY

Awujale Stool: Protest Rocks Ijebu Ode Over Imposition Plot

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A peaceful protest broke out on Friday in Ijebu Ode over alleged plans to impose the next Awujale of Ijebuland.

The protesters marched through Awujale Palace Road on their way to the Ijebu Ode Local Government Secretariat to register their displeasure over the development.

Recall that the Ogun State Government, on Tuesday, in a statement signed by the Commissioner for Local Government and Chieftaincy Affairs, Ganiyu Hamzat, halted the Awujale selection process following a flood of petitions received from security agencies and other stakeholders.

Details later…

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BIG STORY

Fubara Is APC Leader In Rivers, Wike Has Been Compensated —– Bwala

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Daniel Bwala, special adviser to President Bola Tinubu on policy communication, says his principal aligns with the position of Nentawe Yilwatda, national chairman of the All Progressives Congress (APC), on the leadership hierarchy in Rivers state.

Bwala’s remarks come as the Rivers house of assembly continues impeachment proceedings against Siminalayi Fubara, amid a renewed war of words between the governor and Nyesom Wike, his predecessor.

On January 3, the APC chairman said Fubara, governor of Rivers, leads the party in the state.

Yilwatda said the APC accords governors the privilege of leading the party at the state level, while urging them to respect inclusion and avoid disenfranchising other party members.

Speaking on ‘Hard Copy’, a Channels Television programme, Bwala said the governor must be allowed to carry out his duties without undue interference.

The presidential aide added that Wike’s political standing in the state is limited to the Peoples Democratic Party (PDP).

“I agree with the point highlighted by the national chairman that in Rivers state, Governor Fubara is the leader of the APC. Wike is not a member of the APC, so he cannot speak for the party,” he said.

“He may be regarded as a leader within the PDP in Rivers state, having been a former governor, but the APC leader in the state is Governor Fubara.”

Bwala said Tinubu’s position is in tandem with the party’s internal rules and democratic principles.

“What the national chairman said is the position the president sticks to, because he respects party procedures. The president believes in the rule of law and due process, and the party will always respect that,” he said.

Bwala also addressed concerns over Wike’s influence within the federal government, noting that appointments do not supersede national interest.

“We’ve heard people complain that as a cabinet member, Wike enjoys certain benefits,” he said.

“Wike has been adequately compensated. The president believes in compensating people, but not at the expense of the interest of Nigeria. President Bola Tinubu gives latitude, but once you cross the line, you will know.”

He added that the cold war between Wike and Fubara is “being handled”.

“When you ask who is the leader of the party, the answer is the governor. The impeachment procedure must be consistent with the practice of law and constitutional requirements,” he added.

“The governor will deal with it. There are court orders stopping the impeachment, and the party is clear: nobody should stop Fubara from governing Rivers state.

“The president even respects the rights of states governed by the PDP. Even where the APC may want to challenge them, he believes that a governor, regardless of party, should be allowed to govern.”

Bwala concluded that the president’s stance reflects his commitment to democratic stability, constitutional order, and party discipline across the country.

 

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BIG STORY

Abductions: US Demands Action, FG Vows To Track Bandits

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The United States has raised serious concerns over Nigeria’s ability to protect Christian communities following the abduction of 177 worshippers in Kaduna State, as bandits were on Thursday sighted moving freely through forest corridors with their captives, days after storming churches without resistance.

On Sunday, gunmen attacked three churches in Kurmin Wali community in the Kajuru Local Government Area of Kaduna State and whisked away more than 177 worshippers, with 11 managing to escape, while 166 are still in captivity.

The US warning came as a high-level delegation of their officials arrived in Nigeria on Thursday on a week-long diplomatic tour aimed at reviewing counterterrorism efforts and the protection of vulnerable religious groups across Africa, the Middle East and Europe.

The meeting is part of the United States-Nigeria Joint Working Group and was co-chaired by the National Security Adviser, Nuhu Ribadu, and the US Under Secretary of State for Political Affairs, Allison Hooker.

It took place amid heightened diplomatic tensions after US President Donald Trump redesignated Nigeria as a Country of Particular Concern over alleged religious freedom violations. However, the Federal Government has repeatedly dismissed claims of systemic Christian persecution, maintaining that insecurity affects citizens of all religious backgrounds.

Hooker said recent attacks showed that despite reported security operations, Christian communities in parts of northern Nigeria remained dangerously exposed.

Hooker said, “Today, we are here to discuss how we can work together to deter violence against Christian communities; prioritising countering terrorism and insecurity; investigating attacks and holding perpetrators accountable; and reducing the number of killings, forced displacements, and abductions of Christians, particularly in the North Central States.

“On the protection of Christians, the Nigerian government recently secured the release of 38 Christians abducted from a church in Kwara state, and another 265 abducted from St. Mary’s Catholic school. This real progress is a direct result of our engagement with the Nigerian government.

“However, we are concerned about recent reports that gunmen kidnapped more than 170 Christians in Kaduna state on January 18. The government of Nigeria must do more to protect Christians and their right to practice their faith freely and safely.”

Hooker said the mass abduction in Kaduna underscored persistent security failures that the Nigerian government must urgently address.

She added that advancing religious freedom and security would deepen US-Nigeria relations in other areas, including trade, economic cooperation, health responses and the fight against terrorism.

She said, “Advancing religious freedom and security will help the United States and Nigeria to enhance the reciprocal benefits of our relationship: solidifying trade and economic deals, degrading terrorist groups that threaten our interests, and strengthening health responses, among many other areas. We hope to identify some ways to return internally displaced persons to the communities from which they were expelled in the North Central States, interdict weapons and funding going to terrorist groups, and expand investigations and ensure prosecution of individuals and groups committing atrocities.”

Her comments came amid fresh field reports confirming that the abductors of the Kurmin Wali worshippers were seen trekking with their victims between Ungwan Gamu and Maro communities in Kajuru Local Government Area, exploiting forest routes long known as bandit hideouts.

The abductors have reportedly demanded the return of 17 motorcycles, valued at N28.9m, which they claim were seized during recent military operations, as a condition for the release of the victims.

In response, National Security Adviser, Nuhu Ribadu, acknowledged the gravity of the situation, saying the Federal Government had intensified joint military operations, intelligence coordination and investigations into attacks on religious communities.

Ribadu said violence framed along religious lines was unacceptable and would be treated as an attack on the Nigerian state, assuring that perpetrators would be tracked and prosecuted.

“Nigeria is a deeply plural society, and the protection of all citizens: Christians, Muslims, and those of other beliefs, is non-negotiable. Violence framed along religious lines is treated as an attack on the Nigerian state itself. Our response, therefore, integrates security operations, rule of law, humanitarian safeguards and strategic communication, ensuring that operational successes translate into public confidence and strengthened social cohesion,” he said.

Ribadu said President Bola Ahmed Tinubu had authorised expanded security deployments, enhanced intelligence coordination and stronger investigations into attacks on religious communities, assuring that perpetrators would be tracked and prosecuted.

He said, “At the national level, and under the leadership of President Bola Ahmed Tinubu, Nigeria has taken deliberate and decisive steps to confront insecurity. The President has formally declared national security emergencies in vulnerable and high-risk areas, authorised intensified joint operations, and directed the sustained deployment of security forces to priority locations, particularly those communities experiencing recurrent attacks on civilians and religious groups.

“These directives have been matched with concrete action. Nigeria is expanding early-warning and rapid-response mechanisms, developing a national database to serve as a single, authoritative source of accurate and verifiable data on deaths and casualties arising from violence. This effort will strengthen evidence-based decision-making, accountability, and the effectiveness of security responses. Parallel to this, investigations and prosecutions related to attacks on religious communities have been intensified to ensure that violence is met not only with force, but with justice and accountability.”

Briefing journalists after the meeting, the Minister of Information and National Orientation, Mohammed Idris, said the engagement reflected sustained efforts to deepen security partnerships and deliver concrete results.

“This is the third high-level engagement with senior United States officials since November 2025. It shows that our partnership is active, serious, and focused on outcomes that matter to Nigerians,” Idris said in a statement by his media aide, Rabiu Ibrahim.

He noted that collaboration between the two countries had translated into operational gains on the ground.

“Our military and security agencies are working closely with US partners through intelligence sharing and operational coordination, and have strengthened ongoing operations, including Operation Hadin Kai in the North East and Operation Fasan Yamma,” he added.

Idris also highlighted the US commitment to deliver outstanding military equipment procured over the past five years, including drones, helicopters, and support systems, and noted readiness to provide surplus defence equipment.

On domestic measures, he stated, “Nigeria is acting decisively. Security agencies have clear instructions to protect communities and respond swiftly to threats.”

He added that the Federal Government was strengthening early-warning systems and developing a national database to generate accurate figures on deaths and casualties linked to violence.

“This will give us a single, trusted source of data to guide decisions, improve accountability, and sharpen our security response,” he said.

The minister urged Nigerians to remain patient and supportive as reforms continue.

“Our responsibility is to keep Nigerians informed and reassured. The work being done today is to ensure a safer country tomorrow,” he added.

The session was attended by senior Nigerian officials, including the Minister of Defence, Gen. Christopher Gwabin Musa (retd.), the Chief of Defence Staff, Gen. Olufemi Oluyede, and the Inspector General of Police, Kayode Egbetokun. Aside Hooker, the US delegation included Deputy Commander of AFRICOM Lt. Gen. John Brennan, and other senior officials.

Other countries that the US Under Secretary is billed to visit are Muscat, Oman; Manama, Bahrain; and Rome, Italy, the US Department of State announced in a statement on Wednesday.

Her itinerary includes strategic dialogues in Oman and Bahrain, where she will lead discussions aimed at advancing cooperation on a range of security, economic and cultural priorities with both governments.

In Rome, she will engage with international partners and counterparts on major global issues, including the Russia-Ukraine war, Venezuela and peace efforts in the Middle East.

She is also scheduled to meet representatives of United Nations agencies such as the World Food Programme and the Food and Agriculture Organisation to discuss oversight and accountability for US-funded assistance programmes, and to explore new agricultural trade opportunities for American farmers.

Hooker, who was appointed Under Secretary of State for Political Affairs in 2025, oversees key regional and bilateral policy issues across the State Department and plays a central role in shaping US diplomatic engagements globally.

The Village Head of Kurmin Wali, Ishaku Dan’azumi, told newsmen on Thursday that the sighting of the abductors and their victims followed threats issued by the abductors after they detected the presence of security operatives in the area.

Dan’azumi told newsmen in a telephone interview that the abductors and their victims were seen trekking on foot between neighbouring Ungwan Gamu and Maro communities. However, their exact destination could not be ascertained.

“They (abductors) accused us of bringing soldiers and claimed powerful people were backing us,” Dan’azumi said. “After that call, they disappeared. This (Thursday) morning, we were told that they were seen moving on foot with our people between Ungwan Gamu and Maro, but we do not know exactly where they are heading,” he said.

According to the traditional ruler, the development followed threats allegedly issued by the bandits on Wednesday evening after they noticed the presence of security operatives in the area.

“They said we were claiming to have ‘big people’ backing us because of the military presence,” Dan’azumi said.

 

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