NCS extends verification exercise on import duty recovery for private jets
By Sabiu Abdullahi
The Nigeria Customs Service (NCS) has announced a one-month extension for the verification exercise on import duty recovery for privately owned aircraft, from October 14, 2024, to November 14, 2024.
This extension aims to provide additional time for aircraft operators who have expressed willingness to regularise their import duties and comply with necessary regulations.
According to the NCS, the extension is crucial in ensuring that all illegally imported aircraft meet legal requirements, promoting transparency and accountability in the aviation sector.
The Comptroller General of Customs, Bashir Adewale Adeniyi MFR, noted the service’s dedication to enforcing laws governing import duties and maintaining the integrity of Nigeria’s aviation sector.
Aircraft operators are encouraged to take advantage of the extended period to fulfil their obligations and avoid sanctions that may arise from non-compliance after the deadline.
The NCS appreciates the cooperation and understanding of stakeholders in this ongoing exercise.
The verification exercise extension demonstrates the NCS’s commitment to ensuring compliance and integrity in the aviation sector.
By providing an additional window for operators to regularise their import duties, the service aims to maintain the highest standards of transparency and accountability.
Abdullahi Maiwada, Chief Superintendent of Customs and National Public Relations Officer, signed the press release on behalf of the Comptroller-General of Customs, dated October 14, 2024.
A memo to the founders of the Youth Movement in Nigeria
Ismail Hashim Abubakar
In a previous article published by The Daily Reality on October 06 (Why All Patriotic Must Support The Youth Movement), I stress the significance of supporting the emerging youth movement as a necessary political option left for Nigerians. I strongly recommend that Nigerian citizens should, in their entirety, support and align themselves with the struggle. This is becoming necessary as the masses are increasingly getting disappointed with the present administration’s policies headed by President Bola Ahmed Tinubu, but also sceptical of the democratic culture practised in Nigeria since the return of civilian politics in 1999.
In the present essay, I specifically address the youth movement’s founders and offer some points I hope they may consider valuable and worthy of reflection.
I begin by calling on the movement to intensify its efforts to sell out this ideology through massive advocacy, comprehensive sensitization, and awareness campaigns that go beyond social media and cyberspace and extend to what will be akin to door-to-door community tours embarked upon by field staff of polio immunization and vaccination programs.
Interestingly, the founders of this struggle have made it clear right from the onset that once one is a Nigerian and is mainly concerned with the plight of his fellow compatriots, they are automatically a member of the movement, and it is left for him to see in what ways or capacities could they contribute in the struggle. This means that with the exception of some politicians, especially the ruling class at various state and national levels and possibly their blind cronies and biased allies from all sectors and constituencies, all Nigerians are now or should be, by default, adherents and promoters of this movement.
Moreover, in the process of mass mobilization, it seems that people are to be made fully aware that this movement is purely a self-rescuing mission and a liberation effort. It is not a venture that one can invest financially in the typical fashion of Nigerian politics, aiming to reap personal benefits after an election victory. It is neither a soft machine nor a cheap ride on whose back one can mount and easily grab power. It promotes selfishness and displays arrogant romance with authority and privileges invested in public office holders. It is instead a clarion call for those who are willing to put a stop to a dangerous political trend which, if allowed to go unmitigated, will deprive the posterity – the future citizens of this nation – of the residual right to live, breathe and move about freely in their land.
It remains a question, I am sure, with youth leaders to deliberate on whether the struggle will adopt one of the existing political parties or push to create a new, special party, with mainstream party structures from grassroots to higher levels, which will identify with the cause of youth as movers and engines that steer and spearhead the liberation struggle. One of the possible effective platforms to gauge the movement’s strength may be adopting an existing party or forming a new party that will field candidates to contest in the 2027 general elections.
However, I also have a firmer belief that this movement should not just be well-conceived and rapidly embraced by the masses but only have a brief influence that will wane and fizzle out quickly. This is very possible when things are hastily done, especially if the ideology of the struggle is not yet fully understood and inculcated in the minds of the majority of Nigerians. I am sure the brains behind this nascent movement are aware of the inevitable possibility of corrupt politicians hijacking the likely fruit-yielding struggle or covertly infiltrating it to impede and sabotage its progress. I am also conscious that pioneers of this struggle are erecting insurmountable forts that will resist all forms of internal and external intimidations and temptations.
Meanwhile, I strongly recommend that while the leadership of this struggle continues to enlighten Nigerians and encourage them to embrace its ideologies and identify with and support its cause, the forthcoming 2027 elections may be utilized as an experimental ground to test the public understanding and acceptance of its mission, but which should be done on a purely nonpartisan basis. By this, I mean that the movement shall publicize its aims, objectives, principles, and priorities and open its doors to every politician willing to contest for an elective post.
The politician must be ready to comply with all the movement’s missions and can ultimately work towards ensuring that it realizes its vision of creating an egalitarian society in which a poor man will have a say in how he is governed and his social, educational, and economic rights, which guarantee his healthy and meaningful survival, are protected.
Any politician who is set to promote these values and can sincerely commit himself to these ideals and sacrifice the last drop of blood in him is eligible and can present himself to the movement for support. A contract agreement of a promissory note shall be written and documented by the movement on behalf of Nigeria’s populace, which employs such politicians through an electoral process. The agreement must explicitly state that if the politician breaches any terms after being elected, he may be liable for prosecution, besides public wrath that drastically affects his future political ambitions.
The movement has to work assiduously to screen willing contestants without any prejudice to the party on whose platforms they contest. After that, it will make the public fully aware of the agreement it entered with contestants and the detailed clauses and terms contained in the contract, including penalties in case elected officials fail to uphold and keep their campaign promises.
In this way, the movement will be able to, through the successful candidates whose election it actively supports, infiltrate state and national assemblies, thereby producing determinate, resolute, patriotic, populist and incorruptible legislators who have no business in their legislative chambers than to uphold the rule of law and ensure that executive councils implement policies and execute programs and projects that positively serve Nigerians. This means that a massive reform and nonviolent political revolution can be prosecuted mildly as the youth movement succeeds in hijacking and dominating the second arm of government, thus reviving the constitutional roles and responsibilities legislative assemblies are expected to discharge rather than becoming appendages of the executives. If this mission triumphs, it will expose the opportunist camp among politicians who will hopefully be rendered a minority and target of the electoral wrath of Nigerian citizens.
If the mission of the youth movement is fully understood and wholly embraced by the majority of Nigerians, particularly if it becomes the only most guaranteed and safest winning platform during elections but also an unprecedented movement that liberates ordinary Nigerians, its ideals and objectives will permeate the ranks of the executive and be easily upheld by various types of people in every sector including royal and traditional societies, technocrats, civil servants, members of the academia, legal industry, private and group entities.
Ironically, this may be the trial stage in the display of commitment and maintenance of integrity and principles needed. Scaling through this situation will be a grand marker of a democratic triumph that will go down in history as one of the greatest and most progressively fruitful political revolutions to have been demonstrated by the “Giant of Africa” throughout the region’s postcolonial period.
A sizable number of Nigerians among ordinary citizens, religious scholars, politicians, academics and intellectuals, journalists, community leaders, public office holders, businessmen, retired military officers, human rights activists, private organizations and all kinds of people within the civil society who are equally worried over Nigeria’s situation and are especially concerned with the plight of the masses and will be much willing to bring their wealth of experience and expertise to promote the cause of this struggle. I do not doubt that the founders of this movement are aware of them, and I am optimistic that the youth movement will carry them along without regard for their age or social status.
Ismail writes from the Advancing Education and Research Center (Rabat) and is reachable via ismailiiit18@gmail.com.
Palliatives are not solutions for hardship: The bitter truth
By Rabiu Musa
The removal of fuel subsidy has become increasingly problematic for the masses. The declaration was made by Bola Ahmad Tinubu on 29 May 2023, during the inaugural speech as Nigerian president.
On the occasion, the president said, “We commend the decision of the outgoing administration in phasing out the petrol subsidy regime, which has increasingly favoured the rich more than the poor. Subsidy can no longer justify its ever-increasing costs in the wake of drying resources. We shall instead re-channel the funds into better investment in public infrastructure, education, health care and jobs that will materially improve the lives of millions.”
As a result, several filling stations, not less than 24 hours after the president declared an end to fuel subsidy, saw the pump price of Premium Motor Spirit, commonly known as petrol, soared to N600 per litre from N195/l in many parts of the country.
This also triggered a 100 per cent hike in transport fares, and queues in filling stations worsened because many stations were shut down. The situation has become unbearable for many citizens due to government policies drastically affectingtheir livelihoods. The surge in hardship has been linked to rising insecurity and widespread hunger, leaving millions in dire circumstances.
Poverty in the country is escalating at an alarming rate, and many people can no longer afford necessities like food, healthcare and education. Civil servants, for instance, are forced to sell their cars or abandon them entirely due to skyrocketing and unstable fuel prices.
The government has introduced various palliative measures to relieve vulnerable citizens and ease their hardship. However, These poverty alleviation schemes are far from sufficient to address the root causes of economic distress many Nigerians face.
The former head of state, Gen. Abdulsalami Abubakar, recently expressed concern over this approach, stating that palliative measures alone are not the answer to the hardship and will continue to urge the government to address the hardship confronting the people. He said this during a visit from a delegation of Campaign for Democracy (CD), a Civil Society Organization (CSO) hosted in Minna, Niger State. He emphasised the need for the government to find more sustainable ways to alleviate the economic struggles of the people.
In an estimation of 216 million Nigerians population, according to the National Bureau of Statistics (NBS), Nigeria’s palliative distribution efforts are not enough to address the depth of poverty and hunger affecting the masses. The key questions are: Will these palliative measures truly alleviate the hunger people are experiencing? Are the goods and support reaching the most vulnerable citizens?
Numerous reports of corruption and mismanagement in the distribution of palliatives have been published. For example, a report published by Punch Newspaper on September 5, 2023, highlighted that the Department of State Services arrested some Nasarawa State Emergency Management Agency officials for allegedly diverting palliatives meant for vulnerable citizens.
The government should rethink its policy-making process and prioritise the needs of the poor before implementing any new actions. One crucial step would be to create an enabling environment that attracts investment, which can, in turn,positively impact the lives of citizens. Achieving this requires adopting a flexible and inclusive approach to policy-making
—one that genuinely considers the welfare of the masses.
Rabiu Musa wrote from the Department of Mass Communication, Bayero University, Kano. He can be reached via musarabiu913@gmail.com.
BREAKING: Kano SSG, commissioner suspended over disloyalty, abuse of power
By Anwar Usman
The New Nigeria Peoples Party (NNPP) in Kano has announced the suspension of the State Secretary to the State Government (SSG), Abdullahi Baffa Bichi, and the Commissioner of transportation, Muhammad Diggol.
The State party Chairman, Hashim Sulaiman Dungurawa, confirmed this to journalists late Monday.
He said the two people were suspended over disloyalty and abuse of power and creating unnecessary tension in the party.
“We are here by informing the public today that we have suspended the SSG Abdullahi Baffa Bichi and the commissioner of transportation, Muhammad Diggol over abuse of power, office and disloyalty to the party.
“We appreciate the leadership of the party from their wards and the Local Government confirmed to us. They are all from Bichi north where they all came from for bringing the issue to us in written.
“Serving as the leaders of the party, we deliberated and consider that this is the best decision to take until we are done investigation on the issue.”
Reports has it that there is a growing crisis in the Bichi area of the NNPP between the stakeholders in the party.
Air Peace, Festus Keyamo and the sad reality of Nigeria’s aviation sector
By Mohammed Dahiru Aminu
The frustration and anger I feel towards Air Peace is overwhelming. Their constant disregard for their customers and audacity to offer solutions that, in essence, put more financial burden on those they have already wronged, makes me question why they are allowed to operate at all. The situation becomes even more infuriating when one considers the role of Nigeria’s Aviation Minister, Festus Keyamo, who seems oblivious to the glaring issues within the country’s aviation sector. It feels as though both Air Peace and the government are working in tandem, not to improve the system, but to continually frustrate passengers, leaving them with little to no recourse for the mess they create.
A perfect example of this was my recent experience with Air Peace. I had a scheduled flight to Asaba, which they cancelled at the last minute without providing a valid reason. Instead of promptly offering a genuine resolution, they sent me an email offering to reroute or reschedule the flight at no additional cost. It sounded fair at first, but upon requesting a new flight, they had the audacity to ask for more money! It’s almost laughable, but this is the reality Nigerian travelers have to deal with daily. I reminded them of their earlier promise, insisting that I shouldn’t be charged extra for rescheduling, as it was their fault in the first place. In response, they reluctantly offered me a flight on Sunday – a full three days later – provided I refused to pay the extra fee. In what world is it acceptable to offer a flight three days after the scheduled date and expect the customer to be satisfied? I had urgent matters to attend to in Asaba, and they wanted me to wait until Sunday!
When I finally decided that I couldn’t wait for their arbitrary flight offers, I requested a refund, only to be told I would need to wait 21 working days to get my money back. Twenty-one working days! The audacity of this airline to take people’s money, fail to provide the service paid for, and then expect them to wait almost a month to receive a refund is mind-boggling. If I didn’t want to wait that long, they gave me the option to “expedite” the refund within 48 hours – at a cost, of course. In my case, I was told to pay 57,600 naira to expedite the refund for both myself and another passenger. It was clear to me that this entire scenario was not just an unfortunate incident, but a well-rehearsed scam designed to squeeze more money from already frustrated passengers.
Air Peace has gained notoriety for such antics. They cancel flights at the last minute, take people’s money, and then offer empty promises of rescheduling or rerouting without any intention of making things right. What’s worse is that even when they claim you can reroute at no additional cost, it’s almost guaranteed that they’ll come up with some excuse to demand more money from you. And if you’re foolish enough to agree to their terms, what’s the guarantee that they won’t cancel the new flight too? Air Peace is, quite frankly, a disgrace. They offer the option to upgrade to business class, but that, too, is a gamble. Why should anyone believe that they won’t cancel a business class flight just like they do with economy class? The sheer disrespect for passengers is alarming.
As if this wasn’t bad enough, when you finally ask for your money back, they will delay the process as much as they can. Twenty-one working days is an absurd amount of time to wait for a refund, especially when they were so quick to take the money. And yet, if you want it faster, they are more than happy to extort you for it. This isn’t just incompetence. This is robbery. Air Peace is nothing more than a predatory company taking advantage of the lax regulatory environment in Nigeria’s aviation sector. They thrive on making the lives of Nigerians more miserable while pocketing our hard-earned money.
I am still waiting to see if they will honor their promise to refund my money in 48 hours after paying the expedited refund fee. But based on the stories I’ve heard from other passengers, I have little hope. Many have told me that Air Peace rarely refunds the full amount they owe, and they always have some excuse ready as to why they can’t pay it all back. I’m beginning to realize that I may be one of their latest victims in a long line of passengers they’ve scammed.
But let’s not forget that the real issue here isn’t just Air Peace. It’s also the Nigerian government’s blatant failure to regulate and monitor the aviation industry. If Air Peace were operating in a properly regulated environment, they would have been shut down a long time ago. Their level of unprofessionalism and blatant disregard for their customers would never be tolerated in any serious country. But in Nigeria, they continue to operate with impunity, because the government is either too incompetent to do anything about it, or worse, they are complicit.
Take our current Aviation Minister, Festus Keyamo, for example. He was recently captured in a video, arguing that Nigeria cannot allow a foreign airline to operate its national carrier because, in his words, Nigeria is “bigger” and “more ambitious” than Togo. The sheer absurdity of this statement is enough to make anyone’s blood boil. How can you claim that Nigeria is more ambitious than Togo when our aviation sector is in complete shambles? There’s nothing ambitious about having an airline like Air Peace dominate our domestic routes, cancelling flights at will, and treating passengers like garbage. Keyamo’s arrogance and delusions of grandeur are exactly why the Nigerian aviation sector remains so backward. Our leaders refuse to confront the reality of their failures, choosing instead to make foolish comparisons with other African nations in a vain attempt to maintain their egos.
Perhaps if I had been on Air Peace’s London flight, I might have received better treatment. It seems Air Peace and their Aviation Minister patron, Festus Keyamo, are only concerned about flights to more prestigious destinations like London. Domestic passengers? We’re mere afterthoughts. But this is what happens when a country’s leadership is out of touch with the needs of its people. Festus Keyamo and Air Peace are two sides of the same coin, united in their incompetence and arrogance, while ordinary Nigerians suffer in silence. It’s high time we, the people, demand better. Enough is enough.
Mohammed Dahiru Aminu (mohd.aminu@gmail.com) wrote from Abuja, Nigeria.
NAHCON warns against unauthorized agents negotiating 2025 Hajj contracts
By Uzair Adam
The National Hajj Commission of Nigeria (NAHCON) has alerted the public to the activities of imposters falsely claiming to represent the commission in securing contracts for the 2025 Hajj.
In a statement released on Monday by Fatima Sanda Usara, NAHCON’s Assistant Director of Public Affairs, the commission stressed that it will not recognize any unauthorized agreements made in its name.
The statement explained that certain individuals have fraudulently contacted service providers and the Saudi Ministry of Hajj and Umrah under the guise of acting on behalf of NAHCON, making arrangements for accommodations and feeding for Nigerian pilgrims.
NAHCON Chairman, Prof. Abdullahi Saleh Usman, clarified that no individual or group has been authorized to make such arrangements.
“All official transactions must go through recognized NAHCON personnel and follow due process,” the statement emphasized.
The commission urged the public and service providers in both Nigeria and Saudi Arabia to verify all dealings through official channels to avoid falling victim to fraudulent schemes, noting that NAHCON will not be liable for any losses caused by such activities.
For any clarifications, stakeholders are advised to contact NAHCON through its official communication platforms.
Former acting AGF Anamekwe enters plea bargain over alleged N1.6bn Fraud
By Uzair Adam
The former acting Accountant-General of the Federation (AGF), Anamekwe Nwabuoku, has reached a plea bargain agreement with the Economic and Financial Crimes Commission (EFCC) concerning an alleged fraud involving N1.6 billion.
During the resumed hearing on Monday, EFCC Counsel Ogechi Ujam informed Justice James Omotosho of a Federal High Court in Abuja that Nwabuoku and his co-defendant, Felix Nweke, had proposed a settlement since the last adjourned date.
Ujam stated that the agreement had been submitted to EFCC Chairman Ola Olukoyede for approval.
“We are seeking a date to file our plea bargain agreement and amended charge,” Ujam said.
Nwabuoku’s lawyer, Isidal Udenko, and Emeka Onyeaka, who represented Nweke, also confirmed their decision to opt for a plea bargain. Justice Omotosho adjourned the case until December 2 for the adoption of the plea bargain agreement.
The anti-graft agency has brought forward an 11-count money laundering charge against both defendants, who are accused of laundering funds while Nwabuoku served as the Director of Finance and Accounts in the Ministry of Defence from 2019 to 2021.
Nwabuoku, the first defendant in the charge marked: FHC/ABJ/CR/240/24, was appointed acting AGF on May 20, 2022, following the suspension of Ahmed Idris over allegations of N80 billion fraud.
However, Nwabuoku was removed just weeks later, in July 2022.
Sylva Okolieaboh was appointed as acting AGF to replace Nwabuoku amid reports of ongoing corruption investigations by the EFCC.
According to reports from July 10, Nwabuoku and his co-defendants requested additional time from the court to finalize the refund of the public funds allegedly misappropriated, asking for the arraignment to be postponed to allow for the completion of this process.
FG introduces decade-long plan to boost raw material sector growth
By Uzair Adam
The Federal Ministry of Innovation, Science, and Technology has rolled out a 10-year strategic roadmap aimed at revitalizing Nigeria’s raw material sector, with the goal of achieving 60% value addition by 2034.
Announcing the plan during a Program Presentation and Dialogue Session in Abuja, Minister Chief Uche Geoffrey Nnaji highlighted the need to enhance the value of raw materials before export to promote job creation, stimulate domestic manufacturing, and strengthen the naira.
Currently, only 25% of raw materials undergo value addition, which Nnaji described as “unacceptable.”
The roadmap, developed in collaboration with the African Development Bank, includes building capacity in circularity, developing real-time data systems, and upgrading testing laboratories to support research and technology innovation.
Nnaji urged the Raw Materials Research and Development Council (RMRDC), development partners, and financial institutions to collaborate on these ambitious goals.
Troops dismantle over 30 illegal refinery sites, recover 230,000 litres of stolen crude
By Uzair Adam
In a continued effort to tackle crude oil theft and pipeline vandalism, Nigerian troops have successfully dismantled more than 30 illegal refinery sites and recovered over 230,000 litres of stolen crude products.
According to a statement from Army headquarters, the operation took place in several locations, including Assa, Lekuma, Abiama, and other creek areas.
Alongside the destruction of refining sites, the troops also confiscated 44 cooking pots, six wooden boats, and various equipment used in the illegal operations.
Collaboration between the Nigerian Army’s 6 Division and other security agencies in the Niger Delta Region (NDR) has led to increased success in thwarting attempts to steal crude oil.
In the past week, the troops intercepted 12 boats, nine vehicles, and four motorcycles used to transport stolen products, leading to the arrest of eight suspects.
Additionally, in Rivers State, an illegal refining site was destroyed in Akuku-Toru LGA, with 9,000 litres of stolen gas oil recovered.
More operations in the region also uncovered a criminal loading point in Eleme LGA, resulting in the arrest of five guards and the seizure of over 40,000 litres of stolen products.
Subsidy Politics: Will Dangote Refinery leave Nigeria running dry?
By Haroon Aremu
Dangote Refinery and the Nigerian National Petroleum Corporation (NNPC), two titans in Nigeria’s oil sector, have become unwitting pawns in a high-stakes game of greed, corruption, and control that threatens forever to alter the landscape of the country’s economy.
The fallout from this secretive manipulation could send shockwaves across Nigeria and the global oil market. But the question remains: how deep does the corruption run, and who pulls the strings?
As Nigerians struggle with fuel scarcity and skyrocketing prices, a disturbing reality emerges—those tasked with managing the nation’s resources deliberately keep refineries inoperative, creating bottlenecks to enrich themselves. At the heart of this heist lies an even more sinister story: a calculated move by a select few to dominate and monopolise Nigeria’s oil industry by manipulating state-owned enterprises and private ventures like Dangote’s Refinery.
Is the NNPC’s Shady $2.76 Billion Stake in Dangote Refinery a marriage of convenience?
In 2021, when the NNPC acquired a 20% stake in Dangote Refinery for a staggering $2.76 billion, many believed it was a monumental step towards bolstering Nigeria’s refining capacity. But beneath the surface, critics questioned the logic of the government investing public funds into a private venture while neglecting its decrepit refineries, which had been left to rot due to years of corruption and mismanagement.
Was this a genuine attempt to revive the oil sector or a well-disguised ploy to channel public funds into private pockets? The decision becomes even more dubious when you consider that NNPC’s refineries have been operating at less than 20% capacity for years despite repeated promises of rehabilitation.
These non-functioning facilities force the nation to import most of its fuel, which conveniently benefits the very cabals that control the import contracts. As these refineries remain dormant, Dangote’s refinery, with its projected 650,000 barrels per day capacity, is positioned to monopolise the market once it becomes fully operational.
Was the NNPC’s investment a masterstroke of collusion to further empower this monopoly? I wonder if Dangote’s unholy alliance with the government is a favouritism or Strategic Investment.
Aliko Dangote’s influence in Nigeria’s political sphere is well-known. His ability to secure favourable policies has long raised eyebrows. Many believe his success is due as much to his business acumen as his close ties with top government officials. Recent import restrictions, for instance, have practically handed the domestic market to Dangote.
Dangote Refinery’s development, delayed since its original 2016 completion date, has ballooned in cost from $9 billion to over $19 billion. Was this financial mismanagement, or were there deeper, darker forces at play—possibly designed to funnel excess funds into the hands of corrupt officials?
As the cabal’s grip tightens, their influence on oil prices becomes increasingly evident. Dangote’s market dominance will give him unprecedented pricing power. But with such control comes the risk of manipulation.
The refinery’s vast production capacity could easily be used as leverage to influence oil prices, both domestically and internationally. Many fear prices will be artificially inflated, maximising Dangote’s profits while further squeezing Nigerian consumers.
This scenario becomes even more plausible given the NNPC’s deep involvement in the refinery. With its 20% equity stake, NNPC’s role in pricing decisions cannot be overlooked. Will this be another case of public officials prioritising their private interests at the expense of national development?
As domestic pressures mount and whispers of foreign market dominance grow louder, one question looms: will Dangote begin prioritising foreign buyers over Nigeria’s fuel needs?
With access to international markets offering better returns and more stable pricing, there is growing concern that the refinery may abandon the local market in favour of more lucrative exports. This could leave the country in an ironic situation, producing refined oil but still unable to meet domestic fuel needs, leading to ongoing scarcity and high prices despite local production.
If the cabals continue manipulating the domestic oil market, forcing prices to unsustainable levels, Dangote might have little choice but to look beyond Nigeria’s borders.
The timing of the refinery’s commencement raises even more questions. As Nigeria grapples with the controversial removal of its long-standing fuel subsidy, many speculate that this policy shift is designed to align with the Dangote Refinery’s launch. With subsidies removed, domestic fuel prices are expected to skyrocket, conveniently paving the way for Dangote to step in as the dominant player, reaping the rewards of higher prices.
While the government frames subsidy removal as a necessary economic reform, many Nigerians view it as another instance of policies being shaped to benefit the few at the expense of the many. The alignment of these policies with the refinery’s launch timeline is too coincidental to be ignored.
The potential for Dangote’s monopoly to distort the Nigerian oil market. With NNPC’s refineries effectively sidelined and the cabals controlling much of the nation’s oil wealth, Dangote stands poised to dominate every facet of the industry—from refining to distribution. However, monopolies rarely benefit consumers, particularly in essential industries like oil.
As Nigeria’s oil sector hangs in the balance, powerful forces are clearly at play. The cabals’ influence, Dangote’s political connections, and NNPC’s complicity have all converged to create a complex web of corruption, exploitation, and control.
Will Nigeria’s oil wealth finally be harnessed for the benefit of its people, or will the cabals and monopolies continue to enrich themselves at the expense of the masses?
One thing remains certain: the truth behind the Dangote Refinery’s rise and NNPC’s role in it could be the bombshell that blows the lid off one of Nigeria’s biggest corruption scandals yet.
Haroon Aremu is a passionate writer and Mass Communication graduate, currently serving as an NYSC member. With a focus on national development, he is keen on leveraging his expertise to drive positive change and welcomes opportunities in public policy, media, and development sectors. He wrote in via exponentumera@gmail.com.









