International

Dangote Refinery and the Malta story

By Zayyad I. Muhammad 

Petrol and electricity are the oxygen of any nation. Once these two crucial resources are restricted, the country struggles to breathe. Many Nigerians were surprised to learn that Nigeria’s petroleum importation from Malta surged significantly to $2.8 billion in 2023, up from zero importation between 2017 and 2022. 

On the other hand, the majority of Nigerians were unhappy with the news that the $19 billion Dangote Refinery is struggling due to a poor supply of crude oil and other hindrances from government agencies that are supposed to support such a national asset.

For most Nigerians, Dangote Refinery represents hope and the expectation of lower petroleum prices. Regardless of people’s opinions about Dangote, he has accomplished what Nigeria has failed to achieve in decades. In fact, in the last ten years, only six countries in the world have managed to build new massive petroleum refineries, including the Dangote Refinery. 

Other countries that have built refineries include China, which has added multiple new refineries like the 400,000 barrels per day (b/d) Yulong Petrochemical Plant and the 300,000 b/d Shenghong Refinery; Kuwait’s Al-Zour refinery with a capacity of 615,000 b/d, which started operations in 2021; Saudi Arabia’s Jazan refinery with a capacity of 400,000 b/d, also operational since 2021; and Oman’s Duqm Refinery, with a capacity of 230,000 b/d, which commenced operations in 2022. Additionally, India has expanded its refining capacity with new units at the Ratnagiri refinery.

Nigeria’s importation of petroleum products was initially intended as a temporary solution to the insufficient supply from its four state-owned refineries. However, due to inefficiency and corruption, this temporary measure has become a permanent solution.

In Nigeria, the prices of refined petroleum products are heavily influenced by import-related factors. There are over ten components contributing to the landing cost of petrol, including freight, port charges, the NMDPRA 1% levy, storage costs, marine insurance, fendering, the NMDPRA COQ and NOA, Q&Q analysis, letter of credit fees, and interest. Additionally, the high exchange rate further inflates the price of imported petrol. To eliminate these extra costs, local refining is the only viable solution. Nigeria’s only option for now is the Dangote refinery.

Many Nigerians, ordinary citizens, and bureaucrats view the $19 billion Dangote refinery as an asset and a blessing. It has the potential to liberate Nigeria from decades of dependence on petrol importation, which is one of the major causes of pressure on the Naira and the scarcity of the dollar. The refinery will position Nigeria on the map of nations exporting crude and refined petroleum products and fertiliser. 

Dangote Fertiliser is one of the largest fertiliser plants in the world, with an annual production capacity of 3 million metric tonnes of urea. Nigeria’s yearly urea fertiliser needs are only 1.5 million metric tonnes. 

Dangote has already demonstrated his capability in the cement industry. With Dangote Cement, Nigeria is a net exporter. Nigeria boasts one of the largest cement industries in Africa, with a combined production capacity of over 58.9 million metric tonnes per year among major producers. It leads the cement industry in West Africa, hosting at least 12 registered companies. Dangote Cement is the largest producer in Nigeria and West Africa, contributing over 35.25 million metric tonnes per year (Mt/yr) to the region’s cement capacity. Due to Dangote’s significant cement production capacity, Nigeria satisfies not only its domestic cement needs but also exports to neighbouring countries, enhancing regional trade and economic integration.

Let the Dangote refinery be! It will transform the Nigerian oil and gas industry into a net exporter of refined petroleum products.

Zayyad I. Muhammad writes from Abuja via zaymohd@yahoo.com.

Minister of Information urges international media to provide balanced and unbiased reporting

By Anas Abbas

The Minister of Information and National Orientation, Mohammed Idris, has called on international media outlets to provide fair, accurate, and objective coverage of Nigeria.

Receiving a BBC delegation in his office on Thursday, August 15, Idris emphasized the importance of balanced reporting, highlighting both challenges and positive developments in the country.

Idris emphasized the importance of balanced and unbiased reporting and highlighted that Nigeria, like other countries, faces challenges. He also urged the international media to provide a complete and nuanced portrayal rather than focusing solely on negative aspects.

While acknowledging press freedom, Idris encouraged international media to showcase Nigeria’s progress and achievements. He commended the BBC’s expansion in Nigeria, including its Hausa Service studio relocation to Abuja, engaging 200 Nigerians.

Idris also appreciated the BBC’s capacity-building initiatives for public media journalists and requested similar support for private outlets.

BBC’s Director of Global News, Jonathan Munro, praised Nigeria’s strong reputation for the BBC, citing 30 million weekly visitors to their news services, making Nigeria their third-largest international audience.

President Tinubu leaves for Equatorial Guinea on official visit

By Abdullahi Mukhtar Algasgaini

President Bola Tinubu will on Wednesday, August 14, depart Abuja for Malabo, Equatorial Guinea, on a three-day official visit to honour the invitation of President Teodoro Obiang Nguema Mbasogo.

President Tinubu will meet with the Equatorial Guinean President at the Presidential Villa on arrival, where meetings will be held between the two leaders and agreements, particularly on oil and gas and security, signed.

The President will be accompanied on the trip by the Minister of Foreign Affairs, Ambassador Yusuf Tuggar, and other members of his cabinet who will be involved in the signing of agreements and review of opportunities to improve bilateral relations.

Nigeria’s Digital Dividend: Youth at the forefront of sustainable progress

By Abubakar Idris

As Nigeria celebrates International Youth Day 2024, the nation finds itself at a pivotal moment in its journey towards sustainable development. This year’s theme, “From Clicks to Progress: Youth Digital Pathways for Sustainable Development,” resonates deeply with Nigeria’s demographic reality. With over 60% of our population under 25, the country is uniquely positioned to harness its youth dividend in the digital age.

The Nigerian tech ecosystem is flourishing, driven by the ingenuity and determination of its young innovators. From fintech to health tech, agritech to civic tech, young Nigerians leverage digital tools to address pressing societal issues and contribute to sustainable development. Their efforts are transforming various sectors of the economy and positioning Nigeria as a hub for technological innovation in Africa.

In the fintech sector, companies like Flutterwave, co-founded by Iyinoluwa Aboyeji, have revolutionised digital payment solutions across Africa, facilitating economic growth and financial inclusion. Similarly, PiggyVest, founded by Somto Ifezue, Odunayo Eweniyi, and Joshua Chibueze, is reshaping how young Nigerians save and invest, promoting financial literacy and security. Fara Ashiru Jituboh’s Okra is another standout, providing data infrastructure that enables secure and seamless financial transactions by connecting bank accounts to various financial services.

The health tech sector has also seen remarkable innovations. LifeBank, founded by Temie Giwa-Tubosun, is tackling the critical issue of blood shortages by connecting blood banks with hospitals and clinics. Tito Ovia’s Helium Health is streamlining hospital administration and patient care, improving the efficiency of healthcare delivery across the country. Meanwhile, Ifeoluwa Dare-Johnson’s Healthtracka offers at-home lab testing services, providing Nigerians with accessible and affordable healthcare options.

In the agricultural sector, youth-led digital transformation is crucial to Nigeria’s economy and is making significant strides. Farmcrowdy, founded by Onyeka Akumah, is an innovative agritech platform that connects farmers with investors and markets, boosting productivity and livelihoods in rural areas.

As we celebrate these success stories, nurturing the next generation of innovators is crucial. Initiatives like Andela, founded by Iyinoluwa Aboyeji, are pivotal in this regard. By providing world-class training to young developers, Andela is creating job opportunities and building a robust talent pipeline for Nigeria’s tech industry. Similarly, CodeLn and Devcenter equip young Nigerians with the skills to thrive in the digital economy.

The push for sustainable development through digital innovation must be inclusive. Women in Nigeria’s tech industry are breaking barriers and setting new standards for excellence and impact. Fara Ashiru Jituboh’s work with Okra makes financial data more accessible, directly addressing the challenges of financial inclusion that many Nigerian women face. Tito Ovia’s role at Helium Health is particularly significant in a sector where women often have limited access to healthcare. Ifeoluwa Dare-Johnson, through Healthtracka, addresses the often-overlooked need for accessible and affordable healthcare.

While these examples showcase the immense potential of Nigerian youth in the digital space, many challenges remain. Access to reliable internet, consistent electricity, and affordable devices are hurdles for aspiring innovators, especially in rural areas. However, these challenges also present opportunities for further innovation and problem-solving.

The Nigerian government has recognised the importance of digital innovation for sustainable development. The National Digital Economy Policy and Strategy (2020-2030) and the Nigeria Startup Act (2022) are significant steps towards creating an enabling environment for tech startups and young innovators. The Act includes provisions for a Startup Investment Seed Fund, tax incentives for startups and investors, capacity-building initiatives in higher education institutions, and streamlined regulatory processes for startups.

Practical initiatives like the NCC Technology Hub, launched by the Nigerian Communications Commission, are also crucial in nurturing digital innovation. This hub serves as an incubator for tech-driven ideas, providing a supportive environment for young Nigerians to turn their innovative concepts into reality.

As we look to the future, it’s clear that fully realising the potential of Nigerian youth in digital innovation will require continued effort and investment. Improved infrastructure, education reform to include digital skills and entrepreneurship training, increased funding for youth-led startups, mentorship programs, and supportive policies are all crucial elements in creating an environment where digital innovation can thrive.

On this International Youth Day, we celebrate the achievements of our youth and recognise their role as leaders in the global digital revolution. The journey “From Clicks to Progress” is well underway, with young Nigerians leveraging technology to tackle some of the nation’s most pressing challenges. Their creativity, resilience, and determination are the driving forces that will lead Nigeria toward a brighter, more sustainable future.

As we move forward, let us continue to empower and support our youth, ensuring that Nigeria keeps pace with global technological advancements and leads the way. The future of sustainable development in Nigeria is digital, and it is in the capable hands of our youth. Their innovative spirit promises progress and a transformation that will resonate for generations to come.

Abubakar Idris wrote via abkidris99@gmail.com.

Japa syndrome: 430,000 Nigerians get UK visas in seven months

By Anwar Usman

The British High Commissioner to Nigeria, Dr Richard Montgomery, has revealed that the United Kingdom government has so far given not less than 430,000 visas to Nigerians seeking to study and relocate to the European nation in 2024.

Montgomery disclosed this in a meeting with the Chairman of the Nigerians in Diaspora Commission, Abike Dabiri-Erewa, in Abuja on Wednesday.

He also assured the Federal Government that they would provide adequate security measures in place for Nigerians in the UK.

He noted that the UK remains a safe place despite the ongoing unrest, which highlighted the country’s diverse population.

He further added that 60 special courts have been set up to “tackle criminal activities related to the unrest”.

Also speaking on security, Montgomery further stated that 400 people have been apprehended in connection with the violence, with the government actively pursuing justice against those inciting unrest through hatred and misinformation online.

On her part, Dabiri-Erewa confirmed that no Nigerian casualties have been reported so far in the UK uproar.

She said NIDCOM “is in touch with the Nigerian High Commission in London and other diaspora groups, none of which have reported any incidents involving Nigerian nationals”.

She praises the UK government for its swift actions, especially the arrests, advising Nigerians to remain safe and vigilant and adhere strictly to the travel advisories issued by Nigeria’s Ministry of Foreign Affairs.

Kamala Harris picks Minnesota Governor Walz as running mate for November election

By Sabiu Abdullahi 

Vice President Kamala Harris has selected Minnesota Governor Tim Walz (D) as her running mate for the upcoming November election, according to sources close to the matter. 

Walz, 60, emerged as a surprising choice for the vice-presidential spot, gaining traction following a recent cable news interview where he described some Republicans as “weird.” 

This characterization was subsequently adopted by national Democrats, The Hill reports. 

Walz’s selection comes after speculation initially centered on other high-profile Democrats, including Pennsylvania Governor Josh Shapiro (D) and Arizona Senator Mark Kelly (D). 

His appointment is seen as a strategic move to appeal to the left, given his strong liberal credentials. 

Other potential candidates, such as Shapiro and Kelly, had faced criticism from progressive groups—Shapiro for his management of pro-Palestinian protests during the Israel-Hamas conflict, and both for their positions on union issues.  

Walz’s Midwestern background is also considered a key factor, particularly as Trump has been intensifying his campaign efforts in Minnesota, a state Biden won by 7 points in 2020. 

With Trump and JD Vance increasing their efforts to flip the state, Walz’s presence on the ticket could strengthen support in this crucial region. 

Harris is expected to make the formal announcement about her vice-presidential running mate today (Tuesday), ahead of a week of joint campaigning in key battleground states.

Meta apologises to Malaysian PM after pulling down posts on slain Hamas leader

By Sabiu Abdullahi 

In a swift reversal, tech giant Meta has apologised and restored social media posts by Malaysian Prime Minister Anwar Ibrahim about the assassination of Hamas leader Ismail Haniyeh.

The move comes after Anwar’s office condemned Meta’s initial removal of the posts as “a blatant suppression of free expression”.

 Meta attributed the removal to “an operational error” and claimed the posts were taken down due to association with “dangerous individuals and organisations”.

However, the company has since reapplied a “newsworthy” label to the content, allowing it to be reinstated on Facebook and Instagram. 

The controversy highlights ongoing tensions between social media platforms and political leaders over censorship and free speech.

Anwar had previously accused Meta of “cowardice” for removing his posts, which included a video offering condolences to a Hamas official. 

Malaysia’s ties with Hamas, considered a terrorist organization by several countries, have been a point of contention. Anwar has defended his country’s links with the group’s political win.

Nigerian protesters wave Russian flag amid economic hardship, sparking controversy, arrests

By Uzair Adam

There is growing concern over the recent actions of protesters in Nigeria, particularly in the north, where aggrieved youths were seen waving the Russian flag during demonstrations against hunger and starvation in the country.

The Daily Reality reports that the “EndBadGovernance” protest began on August 1st and saw a large turnout. Many youths and women took to the streets to voice their worries amid worsening economic hardship.

However, the protests took an unexpected turn when demonstrators were seen waving the Russian flag and chanting slogans, asking for Russia to come to their rescue as the biting economic hardship exacerbated with each passing day.

Political Analysts React

Political analysts suggest that waving the Russian flag may stem from ignorance of global politics, describing the situation as an incredible display of “unpatriotism” by the aggrieved youths and women.

Russia as the Last Hope

The protesters argued that they knew exactly what they were doing and viewed their actions as a passionate plea to the Russian government to rescue the Nigerian masses from their devastating challenges. 

The youths, who perceive Russia as a “freedom fighter” for African countries, said they would never seek help from England, despite its historical ties to Nigeria, as they believe England harbours bad intentions against the country.

A group of youths told our reporter that they are pleading for Russian intervention since England remains silent on Nigeria’s problems. “America, too, will not speak because it is in the same boat as England,” they argued.

Ibrahim Muhammad (not his real name) said they were waving the flag to frustrate the federal government and clarify that they no longer cared for a country that had ignored their concerns. 

“I am waving this flag to make President Bola Ahmad Tinubu sad. These people don’t care about our problems and do whatever it takes to make us angry,” he stated.

Another protester, Isma’il Usman, said Russia is the only country they should now turn to for help, “especially looking at its recent interventions in some African countries.”

When Ignorance and Unpatriotism Shake Hands

According to analysts who spoke to The Daily Reality, the waving of the Russian flag by the youths is a demonstration of both ignorance and unpatriotism.

Professor Kamilu Sani Fagge, a lecturer in the Department of Political Science at Bayero University Kano, noted that while youths lack an understanding of global politics, certain individuals may have lured them into doing so. 

“There could be some people behind this movement, and people were pushed to the wall in this country, which could also be why they accepted to wave the flag during the protest,” he stated.

“However, the government is to blame for all this because it should have taken action to stop the protest by addressing these problems, but it refused. Now that President Bola Ahmed Tinubu has addressed the nation, there is still no hope,” Professor Fagge added.

An Invitation to Neo-Colonialism

Another analyst, Malam Sulaiman Muhammad, a lecturer at Aminu Kano College of Islamic and Legal Studies, argued that government negligence has deteriorated the situation, leading to more unpatriotic youth in the country. 

He warned that by pleading for Russian intervention, the youths are ignorantly inviting a new form of colonialism.

“I think the youths are not seeking intervention from England and France because England colonised Nigeria and the latter colonised Nigeria’s sister country, Niger. However, they forget that pleading for Russian soldiers’ presence in Nigeria is another form of colonialism,” he stated.

Disappointment as Russia Distances Itself

In a statement on Monday, the Russian Embassy in Nigeria issued a strong denial of any involvement with the group of protesters who were seen carrying the Russian flag and chanting slogans in support of President Vladimir Putin. 

The embassy stressed that Russia respects Nigeria’s sovereignty and does not interfere in its internal affairs, a statement that may not please the Russian flag-waving protesters. 

The statement described the protesters’ actions as personal choices that do not reflect any official Russian government policy.

However, one of these aggrieved youths said they would only stop pleading with the Russians once their voices were heard by the Russian President, Vladimir Putin.

Arrest of Tailor Sewing Russian Flags

However, the tailor who sewed the Russian flags for the protesters was reportedly arrested by security personnel on Monday. 

A picture seen by The Daily Reality showed the youth, whose name was not identified, being arrested with some of the flags he had sewn and his sewing machine.

Defense Chief Condemns Protesters’ Actions

Nigeria’s Chief of Defense, General Chris Musa, condemned the protesters’ actions as treasonable and warned they would face the full force of the law.

JUST IN: Russia dissociates self from flag-waving protesters in Northern Nigeria

By Sabiu Abdullahi

The Russian Embassy in Nigeria has issued a strong denial of any involvement with a group of protesters in northern Nigeria who were seen carrying Russian flags and chanting slogans in support of President Vladimir Putin. 

In a statement released on Monday, the embassy noted that Russia respects Nigeria’s sovereignty and does not interfere in its internal affairs.

The statement described the protesters’ actions as “personal choices” that do not reflect any official Russian government policy or position. 

The embassy’s denial comes amid concerns about external interference in regional affairs, with Russia accused of involvement in recent political upheavals in several West African countries. 

Nigeria’s Chief of Defence, General Chris Musa, has condemned the protesters’ actions as treasonable and warned that they will face the full force of the law. 

The incident has sparked a diplomatic row, with Nigeria’s government facing pressure to explain how the protesters obtained Russian flags and what their motivations were.

Bangladesh: Army chief, Waker Uz-Zaman takes over after PM’s resignation

By Abdullahi Mukhtar Algasgaini

Bangladesh army chief Waker-Uz-Zaman spent nearly four decades rising to the top of the military and said on Monday he was “taking full responsibility” after Prime Minister Sheikh Hasina was ousted and fled.

Bedecked with medal ribbons on his green fatigues and wearing a four-star general’s cap, Waker said 76-year-old Hasina had quit and that the army would “form an interim government”.

“I give you my word that all the injustices will be addressed,” the career infantry officer said in a broadcast to the nation on state television, although it was not immediately clear if he would head the new government.

“The country has suffered a lot, the economy has been hit, many people have been killed — it is time to stop the violence.”

The mild-looking, bespectacled officer was appointed as chief of army staff, the military’s top job, only in June. Hasina had trusted him because he was a distant relative.

The experienced soldier has served as a UN peacekeeper as well as in Hasina’s office.

His father-in-law was army chief during the first of Hasina’s five terms as prime minister from 1996-2001.

The military declared an emergency in January 2007 after widespread political unrest and installed a caretaker government for two years.

Hasina then ruled Bangladesh from 2009 and won her fourth consecutive election in January after a vote without genuine opposition.

‘Forge a beautiful future’

As protesters stormed Hasina’s palace on Monday and she fled by helicopter, Waker said he would speak to the president to form a government.

He vowed that the new authorities would “prosecute all murders” following weeks of deadly protests.

The army was deployed on the streets to crush the protests last month but shifted on Sunday and in several instances allowed demonstrations to go on.

Waker said he had held talks with the main opposition parties and civil society members, although not with Hasina’s Awami League.

“All of us together will forge a beautiful future. If we work together, we can achieve a favourable outcome,” he said.

The Bangladesh Military Academy graduate, who served two tours as a UN peacekeeper in Angola and Liberia, called for the weeks of protests to stop.

At least 300 people were killed in the unrest.

“If the situation gets better, there is no need for emergency,” he said.

Waker appealed to the university students who first launched protests in early July to support the army. The protests were initially against government hiring rules but spiralled into demands for Hasina to leave office.

“Now the task of the students is to keep calm and help us,” he said.

Waker, who Bangladeshi media say is aged 57 or 58, also received officer training in Britain.

Married with two daughters, he holds master’s degrees in defence studies from Bangladesh’s National University and King’s College London.

He was commissioned in 1985, also serving as an instructor at the Army’s College for Infantry and Tactics and at Bangladesh’s Institute for Peace Support Operations.