Connect with us

News

Petrol Loading From Dangote Refinery Begins Next Week – Marketers

Published

on

Oil marketers have confirmed that they will start lifting Premium Motor Spirit (petrol), from the Dangote Petroleum Refinery next week.

While some revealed that they had started sending trucks to the Lagos-based multi-billion dollar plant to load products from Sunday, others stated that their tankers would hit the refinery any day from next week.

It was also gathered that some dealers are expecting imported petrol before the end of this month.

It was gathered on Friday that the vessels of some major marketers would arrive in the country in the next 10 days.

Although the President of Dangote Group, Alhaji Aliko Dangote, recently announced that only NNPC would lift PMS from the Dangote refinery at the moment, oil marketers stated on Friday that they had already commenced moves to load their trucks with petrol from the plant.

The initial daily supply from the refinery is anticipated to be 25 million litres.

“We should start loading from the plant next week and aside from that, so many marketers are planning to import PMS before the end of the month,” a major marketer, who spoke to our correspondent in confidence due to lack of authorisation to comment on the matter, stated.

The source added, “This means the deregulation of PMS prices has set in fully. Nobody wants to be at the whims and caprices of NNPC again.”

On whether there was an agreement on the price of Dangote petrol, the dealer replied, “The agreement on price has not been reached yet, but what I asked our people was how sure are we that we will get the market if we bring in products at about N1,100/litre?

“They now said many people are fed up with NNPC, adding that there will be an adequate market for the product. So, people should gear up for a price of about N1,200/litre, even from the depots. I know that many are going to bring in products to stimulate competition.

“In fact, for specifics, our imports should arrive in the country in the next 10 days all things being equal. So, we are doing both imports and Dangote, and that is the same with most major marketers. I don’t know which imports are going to come in first, but I know that about three or four major marketers are expecting products.”

Last week, the Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, declared that the downstream oil sector had been fully deregulated, as the government was not fixing petroleum products’ prices again.

“What is important is that the government is not fixing prices. This sector is deregulated. And we believe that with the availability of products, the price (of petrol) will find its level. And this is important for Nigeria to know.

“There is enough product in the country to be able to meet the demands of Nigerians, there should be no panic buying. And we also believe that Nigerians need to know that the government is not fixing prices. That is what I want to convey to Nigerians,” Lokpobiri had said.

The minister disclosed this after NNPC raised the pump prices of petrol from about N620/litre to as high as N855 and N897/litre depending on the area of purchase.

Another dealer confirmed that plans were being perfected to begin the loading of petrol from the Dangote refinery next week.

The source could not confirm if NNPC would also start loading PMS from Dangote refinery next week.

“I don’t know about NNPC, but I want to confirm to you that from next week, we are going to start loading petrol from that refinery. This is concrete,” the source added.

When asked if NNPC would begin the loading of petrol from the refinery on Sunday, the dealer replied, “I don’t know about NNPC, but I know that we are going to start lifting petrol from there next week.”

The National President of the Independent Petroleum Marketers Association of Nigeria, Abubakar Maigandi, confirmed that many marketers had commenced moves to import petrol, as well as load from the Dangote refinery.

He, however, did not state the price of the product being expected from the $20bn Lekki-based refinery, stressing that discussions were still ongoing.

“I cannot tell you the price from Dangote and that of the landing cost for imported products for now. But since the government is now serious about deregulating the downstream oil sector fully, we are also going to start importing PMS,” he said.

This came as the spokesperson for the NNPC, Olufemi Soneye, debunked claims that the national oil company had started loading petrol from the refinery.

When told that some marketers claimed that NNPC had started lifting petrol from the Dangote refinery and asked to confirm the development, he simply replied, “false.”

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Abuja Reports

Atoyebi Adewumi Wins 4th National Essay Competition, Beats 2,000 Contestants

Published

on

By

By Samson Adeyanju

Atoyebi Adewumi has emerged winner of the fourth edition of the National Essay Competition, beating more than 2,000 contestants in an intellectual contest aimed at promoting academic excellence, critical thinking and creative writing among young Nigerians.

The competition, which focused on the relevance of taxation to national development, challenged participants to examine the role of tax revenue in financing public services, stimulating economic growth and strengthening the relationship between government and citizens.

The initiative provided a platform for young Nigerians to demonstrate their writing skills, articulate informed perspectives on national issues and contribute ideas towards building a more responsible and progressive society.

Speaking after being declared winner, an elated Adewumi expressed gratitude to the convener, Foluso Sylvanus Ojo, and the organising team for providing young Nigerians with an opportunity to showcase their intellectual abilities.

“I am so glad, very, very glad, to have this privilege of emerging as the winner. I am grateful to the convener and the entire team, as well as everyone who supported this vision,” Adewumi said.

In his remarks, Ojo expressed concern over the tendency to criticise the attitudes and lifestyles of younger generations without providing adequate opportunities to nurture their talents and channel their energies towards productive pursuits.

He called on the government, corporate organisations and nongovernmental organisations to invest more in educational initiatives that promote intellectual excellence, creativity and responsible citizenship.

According to him, sustained investment in academic competitions and youth development programmes would encourage discipline, innovation and a stronger commitment to national development.

Drawing a comparison with the substantial cash prizes awarded in some reality television competitions in Nigeria, Ojo argued that students and intellectually gifted young Nigerians deserved greater recognition, financial support and encouragement.

“I believe the government should support initiatives like this because individuals need supportive hands, especially from the government. When they receive such support, they become more confident and motivated to continue their good work,” he said.

Ojo maintained that society could not continue to complain about the attitudes and lifestyles of young people without deliberately investing in programmes that encourage positive values and productive engagement.

The fourth edition of the competition also underscored the importance of tax awareness among young Nigerians, highlighting how effective taxation, transparency and accountable governance could contribute to improved infrastructure, education, healthcare and other essential public services.

Beyond celebrating the winner, the competition reinforced the need to identify, encourage and empower emerging intellectual talents capable of contributing meaningfully to Nigeria’s development.

Winner of the 5,000,000 naira

Winner of 3,000,000 naira

Winner of 2,000,000

All the participants 

Continue Reading

Abuja Reports

20 Finalists Begin Final Stage of National Essay Competition

Published

on

By

By Samson Adeyanju

Twenty finalists from across Nigeria have begun the final stage of the fourth edition of the National Essay Competition in Abuja, following an orientation session designed to prepare them for the decisive examination.

The finalists arrived in the Federal Capital Territory for a four-day, all-expenses-paid programme featuring the essay examination, institutional tours and opportunities for learning and networking.

The competition, the brainchild of Mr Foluso Ojo, is sponsored by the Nigeria Revenue Service (NRS).

Ahead of the examination, the finalists participated in an orientation session led by Professor Omotosho Borisade of Ekiti State University, who serves as the competition’s umpire.

The session familiarised participants with the competition’s rules and regulations, examination guidelines and assessment criteria, helping them understand the requirements of the final stage.

The essay examination is scheduled to begin today at 9 a.m., after which the finalists are expected to embark on institutional tours around Abuja.

The programme is designed to extend beyond the contest itself, exposing the finalists to new learning opportunities, professional connections and experiences in the nation’s capital.

The competition brings together young Nigerians to demonstrate their writing ability, knowledge, creativity and critical-thinking skills as they compete for the top honours.

With the finalists prepared for the examination, attention now turns to their performance and the eventual emergence of the competition’s champion.

 

Continue Reading

News

Pastor Ogundipe Decries Lack of Integrity Among Educated Nigerians

Published

on

By

By Samson Adeyanju

Pastor Alex Ogundipe, Chairman of the Governing Board of Christian Heritage International Bible College, Kubwa, Abuja, has expressed concern over the growing number of educated Nigerians who lack the character and integrity required to make meaningful contributions to society.

Ogundipe raised the concern during the matriculation ceremony of the institution’s 60 pioneer students, stressing that academic qualifications without moral discipline and upright character could undermine national development.

According to him, Nigeria has many knowledgeable and academically accomplished individuals whose inability to demonstrate integrity has negatively affected their contributions to their families, workplaces and communities.

“We have too many people in this country who are knowledgeable and wise in their own ways, but they do not have character and integrity. That affects their ability to impact their communities,” he said.

The cleric emphasised that education must go beyond the acquisition of certificates to the development of individuals who demonstrate honesty, accountability, faithfulness and commitment to serving humanity.

He explained that true integrity required consistency in personal conduct, whether at home, in the church, at work or within the larger society.

Ogundipe said the college was established not merely to impart biblical knowledge but to raise men and women whose lifestyles reflect Christian values and whose contributions would positively influence society.

He urged Christian leaders to demonstrate their faith through practical actions rather than mere religious declarations.

Speaking on Nigeria’s future, the cleric encouraged citizens to remain hopeful, pray for the country and contribute meaningfully to national peace, unity and development.

Earlier, the Rector of the institution, Pastor Samson Olukayode Aliyu, challenged the matriculating students to prioritise spiritual maturity and moral discipline alongside academic excellence.

Aliyu warned against examination malpractice, plagiarism, dishonesty and other forms of misconduct, stressing that academic certificates could demonstrate knowledge but could not substitute for good character.

“The Church does not only need gifted people; it needs godly people. We need leaders who will choose integrity over compromise, humility over pride, faithfulness over convenience and service over self-interest,” he declared.

He explained that the college offers six-month certificate programmes in theology and one-year diploma programmes in theology, leadership and prophetic studies.

One of the matriculating students, Akeem Omobolanle, who enrolled in the Diploma in Leadership programme, commended the institution’s approach to biblical education and expressed optimism that the training would strengthen his understanding of the Scriptures and prepare him for greater service in Christian ministry.

The ceremony marked the formal admission of the college’s pioneer students into its academic community.

Continue Reading

Trending