Connect with us
Maduka University Advert

News

Petrol loading from Dangote refinery begins next week

Published

on

Maduka University

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.

Saturday PUNCH 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.

Advertisement

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.

Advertisement

“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.

Advertisement

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.

Advertisement

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.

The spokesperson for Dangote refinery, Tony Chiejina, had yet to respond to an enquiry on the matter as of when this story was filed.

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.”

Advertisement

Soneye, however, did not respond to enquiries about the cost of PMS being expected from the Dangote refinery and that of crude to be supplied by NNPC to the largest refinery on the continent.

There were earlier reports that the Dangote refinery and the NNPC were to hold discussions on Friday as regards PMS and crude oil prices.

Advertisement
Click to comment

Leave a Reply

Your email address will not be published.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

News

Niger Delta Chamber Breaks Silence on Alleged Summit Trademark Dispute

Published

on

Maduka University

The Niger Delta Chamber of Commerce, Industry, Trade, Mines and Agriculture (NDCCITMA) has rejected claims that it appropriated or “stole” the idea of Niger Delta Economic and Investment Summit from another organisation whose application was reportedly pending before the Federal Ministry of Trade.

NDCCITMA considers the allegation misleading and wishes to set the record straight.

The concept of Niger Delta Economic and Investment Summit is a broad and widely recognised platform used globally to bring together government, the private sector, investors, businesses, development partners and other stakeholders to deliberate on economic growth and development. The use of the term “Economic Summit” does not, in itself, establish exclusive ownership of the concept by any individual or organisation.

More importantly, the chronology of events does not support the allegation being made against NDCCITMA.

While the said application was reportedly still pending before the Ministry of Trade as at September 2025, NDCCITMA had already gone through the appropriate processes and received approval from the Ministry of Trade in August 2025.

NDCCITMA did not rely on, copy, or appropriate the pending application of any other party in arriving at its name or identity

It is also important to distinguish between a concept and legally protected intellectual property, such as a registered trademark, proprietary material or other enforceable intellectual property right.

NDCCITMA remains committed to conducting its activities in accordance with applicable laws and regulatory requirements.Most importantly, in Suit No: FHC/PHC/CS/57/2026 filed on same subject matter in Portharcourt by the petitioner, the learned Judge had restrained the plaintiff from further interfering with the Summit being planned by the NDCCITMA. NDCCITMA will continue respect the rule of law

We therefore urge the public, stakeholders, the media to disregard any narrative unless such claims are supported by verifiable facts and relevant legal documentation.

NDCCITMA firmly rejects the allegation and maintains that its activities and identity were developed and pursued independently and through the appropriate regulatory channels.

The organisation remains focused on its mandate of promoting commerce, industry, trade, agriculture, investment and sustainable economic development across the Niger Delta region.

Signed:
Management
Niger Delta Chamber of Commerce, Industry, Trade, Mines and Agriculture (NDCCITMA)

Continue Reading

News

Commissioner Dies Suddenly at Abuja Hospital

Published

on

Maduka University

The Cross River State Commissioner for Power and Renewable Energy, Prince Eka Williams Abang, has died at a hospital in Abuja.
Williams reportedly died suddenly on Saturday, September 12, 2026, while receiving medical treatment.
His death was announced on Sunday by his brother, Nkang William, who expressed shock over the sudden loss.
The deceased was described by family members and associates as a dedicated public servant whose death had left a significant void.
A former councillor representing Abo Ward in Boki Local Government Area, Pius Kejuo Osang, said he was still struggling to understand the development.

Late Abang

“I don’t understand, I was with him on Tuesday, I slept in his hotel,” Osang said.
Michael Gabriel Jr., Executive Media Assistant to Senator John Owan-Enoh, Minister of State for Industry, also described Williams as “a dedicated public servant and a good man.”
He said Ikom Local Government Area had lost a committed public servant, adding that Williams’ life of service, humility and impact would remain in the memories of those he touched.
The commissioner’s death has thrown Cross River’s political and public service circles into mourning, with condolences pouring in for his family, colleagues and associates.

Continue Reading

News

Niger Delta Chambers Unveils Plan to Transform Region Into Investment Hub

Published

on

Maduka University

The Board Chairman of the Niger Delta Chambers of Commerce, Industry, Trade, Mines and Agriculture, NDCCITMA, Ambassador Idaere Ogan, has identified the Niger Delta Development Commission, NDDC, and the governments of the nine Niger Delta states as development partners in building a sustainable regional investment ecosystem.

Addressing newsmen at the Obi Wali Cultural Centre in Port Harcourt, Ogan reaffirmed NDCCITMA’s commitment to successfully hosting the Niger Delta Economic and Investment Summit from September 15 to 17 in the Rivers State capital.

The NDCCITMA Chairman said the Summit was a strategic, private-sector-led platform to mobilise investment and unlock the Niger Delta region’s economic potential, anchored on the theme: “Driving Investment, Innovation and Industrial Growth in the Niger Delta.”

He stated: “Our vision is to bring together the nine Niger Delta states, the Federal Government, the Niger Delta Development Commission, organised private sector, domestic and international investors, development finance institutions, multilateral organisations, financial institutions, project developers and other strategic partners around a common objective: To transform the Niger Delta from a predominantly resource-dependent economy into a diversified, productive, industrialised and globally competitive regional economy.”

According to Ogan, the Summit was designed not merely as another conference, but as an investment and transaction platform, stating: “I dare say that the region possesses opportunities far beyond crude oil.

“From gas and petrochemicals to agriculture and agro-processing; maritime and blue economy; manufacturing; aviation and transportation; renewable energy; tourism; digital economy; logistics; infrastructure and financial services, the Niger Delta possesses the resources and market opportunities required to become one of Africa’s leading investment destinations.”

We intend to showcase strategic investment opportunities capable of transforming the regional economy, including agro-industrial and oil-palm value chains, gas utilisation and gas-based industries, regional transportation and aviation, maritime infrastructure, industrial and logistics hubs, renewable energy, manufacturing, skills development, digital infrastructure and other high-impact projects.

The Counsel to the Legal Representative of NDCCITMA, Mr Sammie Somiari, SAN, affirmed that the Summit organiser was committed to conducting its activities in accordance with applicable laws and regulatory requirements.

He noted that in a suit filed by the founder of NDEIS, Kenule Nwiya Jnr, over an alleged trademark infringement, the court restrained the plaintiff from further interfering with the Summit being planned by the NDCCITMA.

Somiari assured that the Summit would proceed as planned, as there was no legal encumbrance to the economic and investment platform.

Also speaking, the NDDC Director of Commercial and Industrial Development, Mrs Lyna Okara, observed that the Summit would promote stronger economic integration among the nine Niger Delta states.

She noted that the investment forum would produce tangible outcomes: investment commitments, project partnerships, financing opportunities, policy recommendations, and clearly defined implementation frameworks.

Seledi Thompson-Wakama

Director, Corporate Affairs

September 12, 2026

Continue Reading

News

Sept.​‌‌​​⁠‍‍⁠⁠‌‍⁠‍⁠‌‍⁠‌‌​ 26 Polls: ‘ENSIEC is over 90% ready’ – Chairman

Published

on

Maduka University

The Enugu State Independent Electoral Commission (ENSIEC) says the commission is over 90 per cent ready for the forthcoming Sept. 26 Local Government Council Elections in Enugu State.

ENSIEC had scheduled elections into 17 Chairmanship and 260 Councillorship positions in the state.

The Executive Chairman of ENSIEC, Prof. Christian Ngwu, disclosed this on Monday in Enugu.

Ngwu noted that the commission was already putting finishing touches on every other arrangement and training ahead of the polls.

“It is only few things remaining and we are finalising and putting finishing touches on them,” he said.

The chairman said that the commission had trained the trainers of the ad hoc staff, already advertised for the ad hoc staff, while their training would be coming in few days.

He said that “almost all materials for the elections are ready”.

Ngwu noted that the “non sensitive materials will be leaving ENSIEC headquarters in Enugu latest Thursday, Sept. 17, to council headquarters”.

According to him, the sensitive materials will be received and kept in a safe place for now.

“We will soon concluded arrangement with transport unions/companies to ensure adequate logistics facilities.

“The commission is already having a fruitful conclusion of security arrangement with security agencies in the state with the Nigeria Police as lead agency,” he said.

Ngwu said that the Independent National Electoral Commission (INEC) would soon avail ENSIEC the authentic voters register of the state to work it.

“I am calling on residents of Enugu State to troop out en mass to cast their votes for their preferred candidates without fear or fear.

“ENSIEC will continue to provide a level playing field for all candidates in the elections.

“The commission will provide a conducive and secure environment as well as ensure a peaceful, hitch-free, transparent and credible elections come Sept. 26 in the state,” he said.

He said that the commission had pasted notice of election in local government areas, which contained awareness on how to vote correctly and positive behavioural conduct expected during and after casting one’s vote.

It would be recalled that candidates from 11 political parties would be participating in the polls.

ENSIEC had two weeks ago concluded train-the-trainer workshop for its officials, which included: 17 Electoral Officers (EOs) for each of the 17 council areas, 17 Assistant Electoral Officers, seven directors, five commissioner and an administrative secretary.

Continue Reading

News

Why Nigerian Leaders Should Spend Vacations at Home – Ebonyi Reps Candidate 

Published

on

Maduka University

Hon. Chief Kevin Tobias Chukwu, the NDC candidate for the Ezza South/Ikwo Federal Constituency in the House of Representatives, has called on Nigerian leaders to rediscover the country by spending their vacations and leisure time within Nigeria.

Chukwu made the call while reacting to former Anambra State Governor and Labour Party presidential candidate, Peter Obi’s position that Nigerian presidents should spend their vacations in the country.

He said the issue should be viewed beyond partisan politics, arguing that leaders must demonstrate confidence in Nigeria if they expect citizens and investors to do the same.

According to him, frequent foreign vacations by political leaders send the wrong message to Nigerians, particularly when the government continues to encourage citizens to invest in the domestic economy.

“We cannot continue to export our wealth and import our enjoyment while asking Nigerians to believe in Nigeria,” he said.

Chukwu suggested that a president could choose to spend holidays in tourist destinations such as Obudu, Yankari, Lagos, Enugu, Ebonyi, Plateau and Akwa Ibom, among others.

He said such visits would boost local businesses, including hotels, restaurants, transport operators, farmers, artisans and other small businesses, while also increasing public confidence in Nigeria’s tourism potential.

The NDC candidate also highlighted the security implications, saying a president who can comfortably spend time in different parts of the country would send a strong signal about the safety and viability of those areas.

“This should go beyond Peter Obi and beyond party politics. It is about a new culture of leadership,” Chukwu said.

He added: “If we truly want Nigerians to believe in Nigeria, those who lead Nigeria must demonstrate that belief themselves. Charity, they say, begins at home.”

Continue Reading
Advertisement

Trending