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Dangote Accuses Oil Firms Of Selling Crude $2-$4/b Above Official Price

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The management of Dangote Industries Limited (DIL) has accused the trading arms of oil firms in Nigeria of selling crude oil cargoes at $2-$4 per barrel above the official market rate, making it difficult for the refinery to purchase local crude.

This is as the company has commended the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) for its various interventions in the oil company’s crude supply requests from International Oil Companies (IOCs), and for publishing the Domestic Crude Supply Obligation (DCSO) guidelines to enshrine transparency in the oil industry.

Vice president, of Oil & Gas, Dangote Industries Limited,  Devakumar Edwin however said: “If the Domestic Crude Supply Obligation (DCSO) guidelines are diligently implemented, this will ensure that we deal directly with the companies producing the crude oil in Nigeria as stipulated by the PIA.”

Edwin insisted that IOCs operating in Nigeria have consistently frustrated the company’s requests for locally produced crude as feedstock for its refining process.

He highlighted that when cargoes are offered to the oil company by the trading arms, it is sometimes at a $2-$4 (per barrel) premium above the official price set by NUPRC. “As an example, we paid $96.23 per barrel for a cargo of Bonga crude grade in April (excluding transport). The price consisted of $90.15 dated Brent price + $5.08 NNPC premium (NSP) + $1 trader premium. In the same month, we were able to buy WTI at a dated Brent price of $90.15 + $0.93 trader premium including transport. When NNPC subsequently lowered its premium based on market feedback that it was too high, some traders then started asking us for a premium of up to $4m over and above the NSP for a cargo of Bonny Light”

“Data on platforms like Platts and Argus shows that the price offered to us is way higher than the market prices tracked by these platforms. We recently had to escalate this to NUPRC”, Edwin said and urged the regulatory commission to take a second look at the issue of pricing.

 Edwin’s response came against the background of a statement by the Chief Executive Officer of NUPRC, Engr. Gbenga Komolafe, in an interview on ARISE News TV said that “it is ‘erroneous’ for one to say that the International Oil Companies (IOCs) are refusing to make crude oil available to domestic refiners, as the Petroleum Industry Act (PIA) has a stipulation that calls for a willing buyer-willing seller relationship.”

Edwin noted that “The NUPRC has been very supportive to the Dangote Refinery as they have intervened several times to help us secure crude supply. However, the NUPRC Chief Executive was probably misquoted by some people hence his statement that IOCs did not refuse to sell to us. To set the records straight, we would like to recap the facts below.

“Aside from Nigerian National Petroleum Corporation Limited (NNPC), to date, we have only purchased crude directly from one other local producer (Sapetro).

All other producers refer us to their international trading arms.

“These international trading arms are non-value adding middlemen who sit abroad and earn margin from crude being produced and consumed in Nigeria. They are not bound by Nigerian laws and do not pay tax in Nigeria on the unjustifiable margin they earn.

“The trading arm of one of the IOCs refused to sell to us directly and asked us to find a middleman who would buy from them and then sell to us at a margin. We dialogued with them for 9 months and in the end, we had to escalate to NUPRC who helped resolve the situation,” Edwin stated.

According to him, “When we entered the market to purchase our crude requirement for August, the international trading arms told us that they had entered their Nigerian cargoes into a Pertamina (the Indonesia National Oil Company) tender, and we had to wait for the tender to conclude to see what is still available.

“This is not the first time. In many cases, particular crude grades we wish to buy are sold to Indian or other Asian refiners even before the cargoes are formally allocated in the curtailment meeting chaired by NUPRC.

“However, we would like to urge NUPRC to take a second look at the issue of pricing. NUPRC has severally asserted that transactions should be on a willing seller / willing buyer basis. The challenge however is that market liquidity (many sellers / many buyers in the market at the same time) is a precondition for this. Where a refinery needs a particular crude grade loading at a particular time then there is typically only one participant on either side of the market.

“It is to avoid the problem of price gouging in an illiquid market that the domestic gas supply obligation specifies volume obligation per producer and a formula for transparently determining pricing. The fact that the domestic crude supply obligation as defined in the PIA has gaps is no reason for wisdom not to prevail”, Edwin stated.

 

2027 General Elections

Catholic Church Warns Against Fake Identities, Urges Responsible Journalism

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By Samson Adeyanju

The Catholic Church in Nigeria has warned against the growing spread of fake identities, misinformation and digital disconnection in the media space, calling on journalists and social media users to embrace truth, responsibility and respect for human dignity in communication.

The warning was issued by the Chairman of the Department of Communications of the Catholic Bishops’ Conference of Nigeria and Bishop of the Catholic Diocese of Katsina, Most Rev. Gerald Mamman Musa, during his homily and press conference at the 2026 World Communications Day celebration held at the Catholic Secretariat of Nigeria, Abuja.

Bishop Musa, who reflected on the theme “Preserving Human Voices and Faces,” said modern society is increasingly “digitally connected but personally and spiritually disconnected,” despite advances in communication technology.

He stressed that communication remains central to human existence, noting that “to live is to communicate,” whether through speech, writing, or digital platforms.

According to him, the Church sets aside World Communications Day annually to reflect on the responsibility that comes with communication, especially in an era dominated by social media and digital interactions.

Prayer and spiritual grounding in communication

Drawing from the liturgical readings, Bishop Musa emphasised the importance of prayer, describing it as the “master key” to perseverance, strength and spiritual revival.

He recalled the apostles who, after the ascension of Jesus Christ, gathered in the upper room in fear but turned their anxiety into prayer while awaiting the Holy Spirit.

“The upper room is a place of communion with God, revival and spiritual renewal,” he said, urging Christians to remain rooted in prayer amid modern-day pressures.

He added that prayer does not remove suffering but gives believers the strength to endure challenges with hope and joy.

Warning against fake identities and online abuse

Bishop Musa warned that social media platforms have become spaces where individuals hide behind fake names, anonymous accounts and false identities to spread hatred, lies, blackmail and cybercrime.

“When we come with unreal names and masks on social media, we are acknowledging that we are doing something wrong,” he said.

He compared such behaviour to criminals who conceal their identities while committing evil acts, adding that truth thrives in openness while wrongdoing hides in anonymity.

He also cautioned against treating people as statistics or objects, drawing from the philosophy of Martin Buber, which emphasises human dignity and mutual respect.

The bishop further highlighted how Jesus Christ consistently gave voice to the marginalised, including the Samaritan woman, the woman caught in adultery and the blind Bartimaeus, stressing that society must not silence vulnerable voices.

According to him, preserving human voices means allowing people to speak from their lived experiences rather than speaking over them.

Bishop Musa urged media practitioners and social media users to use communication tools responsibly in promoting truth, evangelisation and human dignity.

“Speaking the truth in love is not only about projecting our voices, but doing so with charity and responsibility,” he said.

CSN Scribe urges responsible journalism ahead of elections

The Secretary-General of the Catholic Secretariat of Nigeria, Fr. Michael Banjo, also called on journalists to uphold responsible journalism and defend truth as Nigeria approaches another election cycle.

Fr. Banjo warned that communication must not become “a weapon of injury” in a country already facing insecurity, economic hardship and political tension.

He stressed that preserving human voices and faces requires verifying information before publication to prevent misinformation from damaging reputations or destabilising communities.

According to him, journalists must avoid hate speech, sensationalism and divisive narratives that reduce citizens to ethnic, religious or political labels.

“The answer to misinformation is responsible journalism; the answer to propaganda is truth,” he said.

Fr. Banjo also called for transparency in the electoral process, especially in the electronic transmission of results, insisting that every vote must count and reflect the true will of the people.

He urged journalists not only to highlight challenges but also to report positive developments that strengthen national unity and hope.

The CSN scribe thanked the media for their continued partnership with the Church in promoting justice, peace and accountability.

He concluded by urging Nigerians to “speak truth without hatred, listen without prejudice, and use every platform in service of the common good.”

Fr Umoh celebrates birthday, reflects on six-year tenure

The National Director of Social Communications of the Catholic Secretariat of Nigeria, Rev. Fr. Michael Nsikak Umoh, also used the occasion to reflect on his six-year tenure as he addressed journalists at the same event, which marked the 2026 World Communications Day and the closing of the 5th Nigeria Catholic Communications Week (ComWEEK).

Fr. Umoh described the event as a “double celebration,” noting both the global communications observance and the conclusion of a nationwide media literacy programme carried out across Catholic parishes and chaplaincies.

He expressed gratitude to the media for their collaboration with the Church, describing journalists as key partners in amplifying the Church’s voice and strengthening public discourse.

According to him, the media and the Church share a “sacred duty to be the conscience of the nation,” especially in challenging socio-economic times.

He also paid tribute to the immediate past Chairman of the CSN Communications Department, Most Rev. David Ajang of the Catholic Diocese of Lafia, commending his leadership in establishing key reforms, including the Nigeria Catholic Network (NCN) and the institutionalisation of ComWEEK.

Fr. Umoh introduced the new Chairman of the CSN Department of Social Communications, Most Rev. Gerald Mamman Musa, describing him as a “communications scholar and seasoned shepherd,” and expressed confidence in his leadership.

Reflecting on his tenure since 2020, he said his administration worked to strengthen the Church’s digital presence and unify communication structures, while acknowledging that further work remains.

He thanked the Catholic Bishops’ Conference of Nigeria (CBCN), his Archbishop Most Rev. Alfred Adewale Martins, and the media for their support throughout his service.

In a personal note, Fr. Umoh revealed that the celebration coincided with his 58th birthday, calling it a “providential coincidence” and a meaningful milestone in his ministry.

The event ended with prayers for the media, the Church and Nigeria, and the formal closure of ComWEEK 2026.

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Alia Gets APC Nod for Second Term in Benue

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By Samson Adeyanju

The Governor of Benue State, Hyacinth Alia, has successfully passed the screening exercise of the All Progressives Congress (APC), ahead of the 2027 governorship election and has been officially certified to contest the party’s primaries.

This was contained in the statement issued by his Chief Press Secretary, Sir Tersoo Kula.

The screening exercise was conducted on Sunday at the Plateau State Governor’s Lodge, venue designated for the screening of incumbent governors seeking the party’s ticket for the forthcoming elections.

The screening committee was chaired by the National Chairman of the All Progressives Congress, Nentawe Goshwe, who led the process to assess aspirants seeking to fly the party’s flag in the 2027 gubernatorial elections.

Governor Alia’s Expression of Interest and Nomination forms were procured by the Benue State chapter of the Nigeria Union of Pensioners and the Benue State Motorcycle Association.

Leaders of the two groups attributed their support for the governor to what they described as the remarkable transformation witnessed in the state under his administration, as well as his people-oriented style of governance. They said the governor deserved another term to consolidate ongoing developmental efforts across the state.

Political observers and stakeholders have described the certification as a major boost to Governor Alia’s political standing within the APC, particularly amid ongoing consultations and strategic alignments ahead of the 2027 general elections.

Governor Alia, who was elected in 2023 on the platform of the APC, has consistently highlighted infrastructural development, security improvement, civil service reforms and social welfare programmes as key priorities of his administration.

His successful clearance by the screening committee is also expected to trigger increased political activities within the APC as preparations intensify for the next electoral cycle.

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CSN Calls for Inclusive, Just Energy Transition in Nigeria

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By Tony Abah

The Secretary General of the Catholic Secretariat of Nigeria, Rev. Fr. Michael ‘Leke Banjo, has called for a people-centred and morally guided energy transition in Nigeria, warning that development must not continue to benefit a privileged few while leaving vulnerable communities behind.

Speaking at the GreenFaith Nigeria Multifaith and Multisectoral Forum on Nigeria’s Just Energy Transition Plan held on May 7, Fr. Banjo said energy should not be seen merely as an economic issue but as a matter tied to “life, health, education, work, food security, industrial growth, national stability and human dignity.”

Addressing participants at the forum themed, “Faith, Justice, and Power: Advancing an Inclusive Just Energy Transition in Nigeria,” the Catholic priest welcomed members of GreenFaith Africa and other stakeholders, describing the gathering as a shared effort to defend creation and promote justice.

“We gather today not merely as advocates, policy actors or religious leaders, but as stewards,” he said. “We gather to ask a deeper question: what kind of future do we want to leave behind, and who will be allowed to share in it?”

Fr. Banjo stressed that true development should not be measured only by “megawatts, investment figures or economic indicators,” but also by how society treats “those on the margins of energy poverty” and communities already suffering the effects of climate change.

Drawing from Scripture and the 2015 encyclical Laudato Si’, he described creation as “God’s gift entrusted to our responsible care,” insisting that environmental stewardship must go hand in hand with development and innovation.

The cleric lamented the environmental degradation affecting different parts of Nigeria, citing oil pollution and gas flaring in the Niger Delta, desertification in the North, gully erosion in the South-East, and flooding in parts of Kogi State and Benue State.

“In our cities, plastic waste and poor sanitation have turned public spaces into sources of disease and avoidable hardship,” he said. “When we fail to keep the earth, the earth becomes wounded; and when the earth is wounded, human dignity is also wounded.”

Fr. Banjo called on governments at all levels to develop “clear, consistent and just policies” that would protect affected communities, expand access to affordable clean energy, support small businesses and create decent jobs.

He also urged investors and development partners to ensure that renewable energy investments are guided by conscience and accountability.

“The new energy economy must not reproduce old injustices in cleaner language,” he warned, adding that policies should encourage local capacity, community ownership, skill development and transparency.

Beyond government and institutions, Fr. Banjo challenged ordinary citizens to embrace environmentally responsible habits, including proper waste disposal, water conservation, tree planting and keeping public spaces clean.

“We must stop throwing refuse into gutters, streams and open spaces,” he said. “In these simple daily choices, we show whether we truly understand that creation is God’s gift and our common home.”

He commended GreenFaith Nigeria, GreenFaith Africa and The Kukah Centre for promoting climate justice and interfaith collaboration, assuring them of the continued support of the Catholic Secretariat of Nigeria.

“The Catholic Secretariat of Nigeria stands ready to walk with you in this effort to protect creation, uplift the poor, and advance a truly just energy transition for our nation,” he said.

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