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BUSINESS: Marketers Register With Dangote Refinery Ahead Of Product Loading

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Petroleum marketers have begun registering with the Dangote Petrochemical Refinery prior to loading the product, as Nigerians anticipate premium motor spirit from the refinery this month.

The marketers are applying to receive direct fuel supply from the oil refinery by registering as individual business owners.

The Independent Petroleum Marketers Association of Nigeria, which represents its members who might not be able to purchase a significant amount of petrol from the refinery, announced that it would carry on negotiations with the company in order to secure bulk supply.

Aliko Dangote, the president of the Dangote Group, announced last month that his refinery would stop importing petrol into Nigeria and that the company would start selling PMS in June.

At the recent Africa CEO Forum Annual Summit in Kigali, Rwanda, Dangote gave a speech in which he expressed optimism about the continent’s energy landscape changing.

“Right now, Nigeria has no cause to import anything apart from gasoline and by sometime in June, within the next four or five weeks, Nigeria shouldn’t import anything like gasoline; not one drop of a litre,” he declared

“We have enough gasoline to give to at least the entire West Africa, diesel to give to West Africa and Central Africa. We have enough aviation fuel to give to the entire continent and also export some to Brazil and Mexico.”

“We have started producing jet fuel, we are producing diesel, and by next month, we’ll be producing gasoline. What that will do, it will be able to take most African crude,” Dangote told the panel.

The words of Dangote appeared to have come as a soothing balm to marketers who have not been able to import fuel for a long time.

To independent marketers, the news is heart-warming because they have hitherto depended on third parties to get petrol at a higher cost for their filling stations scattered across the country.

When he was speaking with our correspondent in May, the National Vice President of IPMAN, Hammed Fashola, expressed happiness, saying “the Dangote refinery can satisfy our needs as far as petroleum products are concerned, especially petrol”.

The IPMAN leader expressed the eagerness of marketers to start lifting fuel from the refinery, saying, “We are all waiting, we are eager for the commencement of the lifting on petroleum products from Dangote refinery, especially petrol”.

The marketer stressed that the private refinery would put an end to fuel scarcity in Nigeria as the product would no longer be imported.

Meanwhile, Fashola explained that IPMAN as a body is yet to have an agreement with the Dangote refinery on the supply of premium motor spirit, calling on the company to consider working directly with the association instead of individuals.

He noted that IPMAN should be a beautiful bride before Dangote for being in control of over 80 per cent of the filling stations in Nigeria.

Fashola said plans had been concluded to meet Dangote for discussions on possible price cuts. He told The PUNCH that they would meet with Dangote to negotiate a discount through bulk purchases.

The IPMAN leader said, “We have our letter with them, we are expecting their response, and we will surely do a follow-up. The letter was sent about a month ago and we are going to follow up. We are just like a ready-made market for Dangote. It is an advantage for him to have us in his programme. I believe that he would like to have us.”

He added that the association would request a discount during the meeting with Dangote.“You know when you come together as a group, you have that negotiating power on your strength. There is no way we will not negotiate for a discount. That is why we don’t encourage individual company participation,” he stated.

While it appears the proposed meeting with Dangote has yet to materialise, Fashola informed our correspondent on Sunday that individual marketers are already applying for the product.

Asked if IPMAN had met with Dangote, he replied, “No, but we have started registering individually with the company.”

Replying to whether the marketers were no longer interested in meeting the company’s president, he said, “Discussion is still going on it.”

Contacted, the Executive Secretary of the Major Energies Marketers Association of Nigeria, Clement Isong, said he would not know whether or not members of the association were already registering with Dangote.

“I have to ask, I am not sure. I don’t know. I don’t have any information,” Isong tersely retorted.

There are speculations that the refinery might choose to sell its petrol through a major marketer.

The company is currently selling its diesel through MRS, one of the energy firms making up MEMAN.

“I can confirm to you that Dangote Petroleum Refinery has entered a strategic partnership with MRS oil and gas stations to ensure that consumers get to buy fuel at affordable prices in all their stations, be it Lagos or Maiduguri,” the company’s spokesperson, Anthony Chiejina, said in April.

When the Dangote refinery announced the commencement of operations in January, the Executive Secretary of MEMAN, Isong, said that its members had registered with the refinery.

“We have all registered with Dangote so that we can buy and sell. All my members are registered with Dangote. Whenever the product is ready and starts coming out, you will see it in our filling stations.

“I confirm that my members have registered with them. We were waiting for the production to start and now it has started and they will start discussing the commercial terms.

“So now, the commercial terms will be agreed with each marketer and then they will buy from them,” Isong stated.

In January, the Dabgote Group, owners of the 650,000 barrels per day capacity refinery confirmed the registration of oil marketers as its distributors, stating, “Three prominent associations, that constitute 75 per cent of the total market in Nigeria have been registered. The Depot and Petroleum Products Marketers Association of Nigeria, the Independent Petroleum Marketers Association of Nigeria, and the Major Energies Marketers Association of Nigeria.”

Meanwhile, Nigerians are eagerly waiting to start having the Dangote petrol in circulation, hoping that it would crash the current pump price of the fuel which the masses majorly depend on for transportation and individual power generation.

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JUST IN: Tinubu Arrives Lagos after France Working Vacation

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President Bola Tinubu has arrived in Lagos after ending his working vacation in France.

The President arrived at the presidential wing of the Murtala Muhammed International Airport, Ikeja, on Tuesday, where Lagos State Governor Babajide Sanwo-Olu and other dignitaries were on hand to receive him.

The President’s arrival was confirmed by the Special Assistant to the President on Social Media, Olusegun Dada, who posted on X, “Landing. Welcome home, Mr President!”

Tinubu had departed Abuja on August 30 for the working vacation, spending one week in London before travelling to Paris.

According to a statement issued on Tuesday by the President’s Special Adviser on Information and Strategy, Bayo Onanuga, Tinubu departed Paris for Lagos, where he is expected to hold strategic meetings with political leaders and associates.

“While in Lagos, President Tinubu will also hold strategic meetings with political leaders and associates over several days in preparation for the 2027 elections,” the statement read.

The Presidency said Tinubu chose to travel to Lagos first to honour the memory of the late Chief MKO Abiola, winner of the June 1993 presidential election and a prominent figure in Nigeria’s democratic struggle.

On October 1, Independence Day, the President is expected to attend the premiere of a movie honouring Abiola at the Wole Soyinka National Theatre, Iganmu, Lagos.

Tinubu’s working vacation also included a private dinner with French President Emmanuel Macron in Paris.

Details later…

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US Hails Nigeria’s Response to Militia Attacks, Seeks Protection for Plateau Communities

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The United States has commended Nigeria’s response to recent attacks in the Middle Belt.

The US Department of State’s Bureau of African Affairs, in an X post on Tuesday, also urged the federal government to sustain efforts to protect communities in Barkin Ladi LGA of Plateau State.

“The United States commends Nigeria’s strong response to the latest attacks from Fulani militant groups,” the bureau said.

“We will continue to work with the Nigerian government to protect Christians in the Middle Belt.

“We urge Nigeria to continue the momentum and defend the Barkin Ladi communities in particular.”

Nigeria’s Middle Belt, particularly the north-central region comprising Benue, Kogi, Kwara, Niger, Plateau, among others, has witnessed varying levels of armed attacks, kidnapping, communal violence and farmer-herder conflicts in recent months.

The US comment comes amid renewed insecurity in parts of the country, particularly among communities in Barkin Ladi, where a series of attacks and reprisals have been reported in recent months.

On September 27, six people were killed and two others injured after gunmen attacked a mining site in Lajam Marit village, Ropp district, Barkin Ladi.

The victims were reportedly shot dead at the site, while the two injured persons were taken to the hospital for treatment.

Five days earlier, the Plateau government imposed a dusk-to-dawn curfew on Barkin Ladi, Bokkos and Mangu LGAs following a series of attacks, attempted attacks and reprisals. Residents were ordered to remain indoors between 6 pm and 6 am until further notice.

The curfew followed an incident in which a resident, Andy Samuel, a priest, was reportedly shot dead at Marit Junction, while another person sustained injuries.

Troops later came under attack after leaving the hospital, with the assailants suspected of carrying out retaliatory strikes following earlier violence in parts of Barkin Ladi.

On September 20, at least five Fulani men were reportedly killed after suspected Berom militias attacked their vehicle in Barkin Ladi.

The victims were travelling to a market in Jos South when their vehicle came under attack near a security checkpoint. The assailants reportedly opened fire, killing all five occupants.

On September 10, two people were killed after suspected armed militia attacked Fulani herders along the Jong-Nyeriwei road and in Dorowa Babuje community, also in Barkin Ladi.

One of the victims was identified as 19-year-old Ishaku Yakubu, while another man, identified as Andata, was reportedly shot dead around Marit Junction in Dorowa Babuje. Several cattle were also reportedly rustled during the attacks.

The attacks have heightened security concerns in Barkin Ladi and other parts of Plateau, with authorities deploying troops and imposing restrictions in some affected areas to prevent further violence and reprisals.

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Court Sentences Four to Death Over Kidnapping in Edo

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The Edo State Special Criminal Court has sentenced four persons to death for their involvement in the kidnapping of a woman in the popular Vegetable Market, off Airport Road in Benin City.

Justice Aigbona Momodu gave the judgment bordering on 11 counts of kidnapping, conspiracy, armed robbery, cultism and unlawful possession of firearms, Channels TV reports on Tuesday.

The court, established under the directive of Edo State Governor Monday Okpebholo, is mandated to handle kidnapping and cultism-related cases, according to the report.

The four sentenced persons – three males and one female — are Marvelous Isaac, 32; Wisdom Michael, 36; Rufus Michael, 30; and Gift Raphael, 27.

According to the court’s verdict, the exhibits recovered from the four sentenced persons — a pump-action rifle, two unexpended cartridges and two expended cartridges– were ordered to be handed over to the State Criminal Investigation Department of the Edo State Police Command.

According to The PUNCH, the woman (name undisclosed) was at the market with her children and husband when gunmen reportedly came to the scene and whisked her away.

In a video online, a woman who claimed to have witnessed the incident described it as kidnapping, stressing, “Today, for the first time, I witnessed someone being kidnapped.”

She continued, “Who said kidnapping is not in Benin? A kidnapping happened in my presence right at Airport Road by the Vegetable Market. Just because it has not happened to you does not mean it doesn’t exist.

“I saved the woman’s children today. This is me. It happened in front of me. We were both buying something in the same place, at the vegetable market. This is me; I have bruises. These are my legs.”

The incident was subsequently confirmed by the State Police Public Relations Officer, Eno Ikoedem.

See the full court verdict below
”Sentence: In count one, you, Marvellous Isaac, is hereby sentenced to seven years’ imprisonment. In count two, three, four, five, six, seven, eight, nine, you, Marvellous Isaac, is hereby sentenced to death by hanging or through the administration of a lethal injection. You shall be hanged by the neck till you are dead. May the Lord have mercy on you.

”In count ten, you, Marvellous Isaac, is hereby sentenced to ten years’ imprisonment. In count eleven, you, Marvellous Isaac, is hereby sentenced to life imprisonment.

“Second defendant, in count one, you, Wisdom Michael, is hereby sentenced to seven years’ imprisonment. In counts two, three, four, five, six, seven, eight, and nine, you, Wisdom Michael, is hereby sentenced to death by hanging or through the administration of a lethal injection. You shall be hanged by the neck until you are dead. May the Lord have mercy on you.

”Third defendant, in count one, you, Rufus Emete Michael, is hereby sentenced to seven years’ imprisonment. In count two, three, four, six, and seven, you, Rufus Emete Michael, is hereby sentenced to death by hanging or through the administration of a lethal injection. You shall be hanged by the neck until you are dead. May the Lord have mercy on you.

”Fourth defendant, in count one, you, Gift Raphael, is hereby sentenced to seven years’ imprisonment. In counts two, four, six, and eight, you, Gift Raphael, is hereby sentenced to death by hanging or through the administration of a lethal injection. You shall be hanged by the neck until you are dead. May the Lord have mercy on you.

”Now, Exhibit M, the JoJef pump action, and two unexpended cartridges, and the two expended cartridges, Exhibit E and E1, are hereby confiscated to the Federal Government of Nigeria. Both exhibits shall be handed over to the Edo State Armourer of the Nigerian Police, State CID, Edo State Headquarters, by the Deputy Director of the Criminal Division for destruction 30 days hence. This shall be the judgment of the courts.”

 

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