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Marketers Urge Federal Government To Address Rising Gas Prices

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The Nigerian Association of Liquefied Petroleum Gas Marketers (NALPGAM) has urged the Federal Government to develop measures to keep gas prices stable and make it available to ordinary Nigerians.

The NALPGAM National President, Abideen Olatunbosun, made this plea during the association’s 36th annual general meeting/conference on Tuesday in Ibadan, Oyo State, with the theme “Expanding gas utilisation beyond imagination.”

He added that if nothing was done to stop the price growth, petrol will soon become a commodity for the few wealthy.

Olatunbosun said, “It is very vital for me to say that the galloping hike in the price of gas in recent times stands as a big challenge to LPG marketers. The government need to find ways to ensure the stability of gas price as well as make gas available to the common Nigerians. If nothing is done to the increase in price, gas will soon be a commodity for the few rich in our society.”

“As a country, we need to improve on our gas utilisation level. If we adopt gas, it will save our forest, improve quality of our lifestyle and the economy will grow. The hike in price of gas is a concern to all.”

In his lecture, the Guest Speaker, Prof Sunday Isehunwa of the Department of Petroluem Engineering, Faculty of Technology, University of Ibadan, identified changes in demand, changes in supply, natural gas production and consumption, changes in price and electricity pricing as some challenges facing LPG market in the country.

BIG STORY

The Curious Alignment: Sowore And The Paradox Of Revolution — By Babajide E. Ikuyajolu

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There is something quietly shifting in Nigeria’s political undercurrent, especially among those who once stood at the frontlines of revolution.

Omoyele Sowore, once the fiery voice of Revolution Now, represented the restless conscience of Nigeria’s youth. His words were blunt, his courage consistent, his energy contagious. He demanded accountability and envisioned a reformed, united Nigeria where leadership was answerable to the people. But time, pressure, and politics test even the boldest voices. In recent years, Sowore’s radical posture seems to have softened. What was once open defiance has become more calculated. His critics call it compromise; his defenders call it strategy.

Then came the curious twist: Sowore aligning himself with the call for the release of Nnamdi Kanu, leader of the Indigenous People of Biafra (IPOB). On the surface, it looked like a humane and patriotic act, defending the right of another citizen to fair treatment. But symbolically, it carried a deeper contradiction.

Sowore’s revolution was always about fixing Nigeria. Kanu’s mission, by contrast, has been to leave it. One advocates reform through unity, the other through separation. Yet here they stand, momentarily aligned.

To understand how unusual this is, it helps to remember that Nigeria’s history is filled with such uneasy friendships. The country has always been a patchwork of opposing interests that occasionally find reason to clasp hands, even if briefly.

History’s Reminder: When Opposites Collide

In the early 1960s, shortly after independence, Nnamdi Azikiwe’s National Council of Nigeria and the Cameroons (NCNC) entered a partnership with Abubakar Tafawa Balewa’s Northern People’s Congress (NPC). It was a marriage between the progressive South and the conservative North, between those who envisioned a united, modern Nigeria and those who preferred to maintain regional dominance and autonomy. For a moment, it worked. Azikiwe became Governor-General and Balewa, Prime Minister. Nigeria stood tall before the world, appearing united. Yet beneath the surface, distrust simmered. Each camp saw the other as using the alliance for political convenience, not national vision. Within a few years, the partnership collapsed, leaving behind a bitter legacy of suspicion that still echoes today.

A similar scene replayed in the Second Republic. Shehu Shagari’s National Party of Nigeria (NPN) and Nnamdi Azikiwe’s Nigeria Peoples Party (NPP) tried to form a coalition that many hailed as a symbol of reconciliation and national unity. But the honeymoon ended quickly. The NPP accused its partner of marginalization and betrayal. The alliance dissolved almost as quickly as it was formed, and the country soon descended into another cycle of political distrust and military takeovers.

What both alliances had in common was not just the ideological mismatch, but the imbalance of power. Each time, the side driven by principle was overshadowed by the one driven by pragmatism. The partnership survived only as long as it served political convenience.

Connecting It to the Present

This is why the Sowore and Kanu alignment feels both familiar and fragile. They may not have signed a formal political pact, but their public alignment carries a weight of symbolism. One represents reform through unity; the other, liberation through separation. Both share anger at the system, but their end goals are worlds apart.

In today’s digital era, alliances form faster and travel farther than in the 1960s or 1980s. Public sentiment moves with hashtags, and solidarity can trend before it matures. Sowore’s support for Kanu’s release may have begun as a human rights gesture, yet it also introduces him to a new audience, one deeply emotional, regionally rooted, and politically wary of the same system he seeks to reform. The question is whether such alignment strengthens both causes or blurs them. History suggests that in pairings like this, one voice eventually overpowers the other. The louder, more emotionally charged narrative becomes the dominant one. For Sowore, whose strength has always been moral clarity and national appeal, standing beside Kanu could risk diluting his revolutionary image into a regional or tribal conversation.

Yet, perhaps this is a sign of something more nuanced. Maybe it reflects a growing recognition that justice cannot be selective, that freedom for one region is incomplete without fairness for all. In that sense, Sowore’s stance could be seen as an evolution of his movement, one that transcends ideology and centers humanity.

Still, Nigeria’s political history offers a sober warning. Whenever opposites unite, the handshake usually hides a silent calculation. Motives differ, priorities conflict, and the partnership often fractures long before the mission is achieved. From Azikiwe and Balewa to Shagari and Zik, such alliances have rarely ended as they began.

The Waiting Question

So, what do we make of this latest alignment? A reformist calling for the freedom of a separatist is not new in world politics. History is full of idealists who joined hands, briefly, for a greater moral cause. But in Nigeria, where unity itself remains contested, such collaborations always carry deeper meaning.

Sowore and Kanu might prove history wrong. They might show that two opposing visions can still share a common moral ground. Or, like so many before them, they may become another example of how power and principle rarely coexist peacefully.

Either way, it’s a story worth watching, not for what it says about their politics today, but for what it might reveal about Nigeria’s political future.

So, what’s your take?

Is this the beginning of a broader civic awakening, or just another convenient alliance between incompatible ideals?

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BIG STORY

Trump’s Threat: Nigeria’s Sovereignty Must Be Respected — European Union

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The European Union has restated its commitment to respecting Nigeria’s sovereignty and pledged continued cooperation with the country in areas such as peacebuilding, interfaith relations, and human rights promotion.

EU Ambassador to Nigeria and ECOWAS, Gautier Mignot, made the clarification in Lagos during an interview with the News Agency of Nigeria, NAN, where he addressed recent comments made about Nigeria by former United States President Donald Trump.

According to Mignot, the EU’s relationship with Nigeria is guided by its long-standing strategic partnership with the nation and is not influenced by the positions of other countries.

He said, “Our position is one of solidarity with Nigeria – solidarity with victims of violence, with authorities working to protect citizens, and with the Nigerian people who overwhelmingly desire peaceful coexistence beyond ethnic and religious divides.”

The ambassador emphasised that the EU and its member nations respect Nigeria’s sovereignty and acknowledge its constitutional commitment to religious neutrality.

He noted that the EU remains willing to strengthen cooperation with Nigeria in peace, security, and defence, while also engaging key actors including civil society organisations, traditional institutions, and religious leaders.

Mignot confirmed that the EU continues to implement peace and social cohesion programmes across Nigeria aimed at promoting harmonious living among citizens.

He added, “We also support programmes on deradicalisation, demobilisation and reintegration of ex-members of non-state armed groups in the North-East.”

The diplomat further stressed the EU’s commitment to safeguarding all communities in Nigeria, particularly minority groups, and upholding freedom of religion and belief.

Acknowledging challenges in the human rights space, Mignot said Nigeria has a legal foundation that guarantees fundamental liberties. “The situation is not perfect, as in any country, but there exists a constitutional basis for the protection of human rights. It is up to Nigerian authorities and society as a whole to uphold and strengthen this environment of peaceful coexistence,” he stated.

He explained that the EU collaborates closely with civil society organisations on initiatives aimed at fostering interfaith understanding and building stronger relations among religious communities.

Mignot added that EU support remains non-discriminatory and is designed to assist all victims of violence, regardless of the motives behind such incidents.

According to him, the union’s engagement with Nigeria remains stable and predictable, driven by “shared interest in a stable, prosperous, and democratic Nigeria,” rather than the actions or positions of other global actors.

Mignot also revealed that discussions between Nigeria and the EU on peace, security, and defence are expected to take place soon to further enhance bilateral cooperation.

He emphasised that the EU’s priority is to support Nigeria’s efforts toward peace and prosperity, noting that the country’s long-term progress “lies firmly in the hands of Nigerians themselves.”

His comments followed threats by former U.S. President Donald Trump, who recently suggested punitive measures against Nigeria over alleged anti-Christian violence and labelled the country a “Country of Particular Concern” in social media posts.

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BUSINESS: NNPC Eyes 20% Stake In Dangote Refinery

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The Nigerian National Petroleum Company Limited on Tuesday disclosed plans to raise its equity stake in the $20bn Dangote Petroleum Refinery to 20 per cent, as part of efforts to strengthen Nigeria’s domestic refining capacity and consolidate its position in the downstream oil sector.

The Group Chief Executive Officer of NNPC, Bayo Ojulari, made the disclosure while speaking at the Abu Dhabi International Petroleum Exhibition and Conference 2025. Ojulari said the move aligns with NNPCL’s long-term strategy to deepen local participation in the energy value chain and ensure energy security.

“The company is working towards increasing its stake in Nigeria’s Dangote refinery to 20 per cent,” Ojulari said as reported by Reuters.

His remarks come just weeks after the President of the Dangote Group, Aliko Dangote, revealed plans to list between five and 10 per cent of the refinery’s shares on the Nigerian Exchange within the next year, mirroring the public listing model of its cement and sugar subsidiaries.

“Within the next year, the refining business will list five per cent to 10 per cent of its shares on the Nigerian stock exchange,” he said, mirroring a playbook established by the group’s cement and sugar businesses. We don’t want to keep more than 65 per cent to 70 per cent,” Dangote said, explaining that shares will be offered incrementally subject to investor appetite and market depth.

“I want to demonstrate what this refinery can do, then we can sit down and talk,” Dangote said. This move would represent a fresh investment of almost 13 per cent above its current 7.2 per cent stake.

The announcement also comes on the heels of NNPC’s ongoing search for technical and equity partners to revive its three dormant state-owned refineries in Port Harcourt, Warri, and Kaduna. Despite years of rehabilitation funding, the refineries have remained idle, forcing the country to rely heavily on imported petroleum products.

It is believed that if the Dangote refinery reaches full operational capacity and NNPCL completes its refinery rehabilitation programme, Nigeria could finally achieve self-sufficiency in refined petroleum products, a goal that has eluded Africa’s biggest crude producer for decades.

Ojulari further noted that the state-owned oil company had made significant progress in enhancing transparency across its operations as it prepares for its much-anticipated initial public offering.

“The IPO journey is by law. The Petroleum Industry Act prescribes that NNPC must move towards becoming a publicly listed company. It’s not an option for us,” the NNPC boss noted. “Since May this year, we have started publishing our monthly performance reports, and that has continued as part of our efforts to build public trust and accountability.”

With the company’s IPO plans still in view, Ojulari said NNPC was positioning itself as a globally competitive energy company driven by efficiency, transparency, and profitability. “We are building an institution that Nigerians can be proud of, one that is commercially driven, transparent, and ready to compete globally,” he said.

✅ Rephrased News Report

BUSINESS: NNPC Eyes 20% Stake In Dangote Refiner

The Nigerian National Petroleum Company Limited has announced plans to increase its equity share in the $20bn Dangote Petroleum Refinery to 20 per cent, a move aimed at boosting domestic refining capacity and strengthening its position in the downstream oil and gas sector.

Group Chief Executive Officer of NNPC, Bayo Ojulari, made the announcement during the Abu Dhabi International Petroleum Exhibition and Conference 2025. He explained that the decision aligns with the company’s long-term objective to expand Nigeria’s participation in the energy industry and ensure sustained energy security.

According to Ojulari, “The company is working towards increasing its stake in Nigeria’s Dangote refinery to 20 per cent,” as reported by Reuters. His statement follows recent developments regarding ownership plans for the facility.

Only weeks earlier, Dangote Group President, Aliko Dangote, disclosed plans to list between five and 10 per cent of the refinery’s shares on the Nigerian Exchange in the next year. He said the move follows the model used for the group’s cement and sugar companies.

Dangote explained, “Within the next year, the refining business will list five per cent to 10 per cent of its shares on the Nigerian stock exchange,” adding that his group intends to retain between 65 and 70 per cent ownership. He noted that the remaining shares would be offered gradually based on market demand. “I want to demonstrate what this refinery can do, then we can sit down and talk,” Dangote said.

The development coincides with NNPC’s efforts to secure technical and equity partners for the rehabilitation of its non-operational refineries in Port Harcourt, Warri, and Kaduna. Despite considerable investment over the years, the refineries have remained idle, leaving Nigeria dependent on imported fuel.

Industry observers believe that achieving full operation at the Dangote refinery, combined with successful rehabilitation of NNPC’s refineries, could finally lead Nigeria to self-sufficiency in refined petroleum products — an objective that has long been unattained.

Ojulari also highlighted advancements in transparency as NNPC moves toward a public listing. He noted that the transition to a publicly listed company is mandated by law under the Petroleum Industry Act. “The IPO journey is by law. The Petroleum Industry Act prescribes that NNPC must move towards becoming a publicly listed company. It’s not an option for us,” he said.

He added that NNPC has been publishing monthly performance reports since May as part of efforts to enhance accountability. With its IPO plans progressing, Ojulari stated that NNPC is positioning itself for global competitiveness. “We are building an institution that Nigerians can be proud of, one that is commercially driven, transparent, and ready to compete globally,” he said.

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