News
P’Harcourt refinery: Marketers threaten boycott as NNPCL juggles petrol price
Oil marketers have outlined the conditions that will make them patronise the newly rehabilitated Port Harcourt Refinery Company in Rivers State.
PHRC, under the management of the Nigerian National Petroleum Company Limited, must dispense its refined petroleum products below the prices of the Dangote Petroleum Refinery, the dealers stated.
But the NNPCL, in reaction to claims on Wednesday that its petrol price was about N1,045/litre, stated that the refinery had yet to release its prices, as products from the plant were currently dispensed to only NNPCL stations.
The oil firm’s spokesperson, Olufemi Soneye, revealed that the company was still reviewing its prices and had yet to commence bulk sales, as its purchasing portal remained closed.
Meanwhile, it was also gathered on Wednesday that oil marketers imported 105.67 million litres of petrol into the country in five days.
Marketers confirmed that NNPC was selling petrol at N1,045/litre, stressing that they may be compelled to opt for petrol importation as a means of meeting local demands.
The PUNCH exclusively gathered that a total sum of 78,800 metric tonnes representing 105.67 million litres of petrol was imported into the country in the last five days spanning November 23 and November 28.
On Tuesday, the 60,000-capacity Port-Harcourt refinery resumed operations after years of inactivity, drawing initial praise from Nigerians and industry stakeholders.
The NNPC said the newly rehabilitated complex of the old Port Harcourt refinery, which had been revamped and upgraded with modern equipment, is operating at a refining capacity of 70 per cent of its installed capacity.
NNPC added that diesel and Pour Fuel Oil would be the highest output from the refinery, with a daily capacity of 1.5 million litres and 2.1 million litres, respectively.
This is followed by a daily output of Straight-Run Gasoline (Naphtha) blended into 1.4 million litres of Premium Motor Spirit (petrol), 900,000 litres of kerosene, and low-pour fuel oil of 2.1 million litres.
It was stated that about 200 trucks of petrol would be released into the Nigerian market daily.
However, claims that the national oil firm’s PMS price was higher than that of Dangote triggered diverse reactions from marketers.
The National Publicity Secretary of the Independent Petroleum Marketers Association of Nigeria, Chinedu Ukadike, told one of our correspondents that though NNPC had yet to release any price for the products from the refurbished Port Harcourt refinery, a high price would discourage marketers.
Dangote currently sells his petrol at N970/litre, while imported petrol is around that price.
Ukadike, however, noted that there was the possibility that the NNPC would review its prices downward when the Port Harcourt refinery comes fully on stream.
He confirmed that the state-owned oil company sells a litre of PMS at N1,040 or N1,045 while the Dangote refinery just reviewed its price from N990 to N970 for marketers buying a minimum of two million litres.
Ukadike did not mince words when he said independent marketers would only buy from the NNPC if its price is cheaper than that of Dangote or vice versa.
“With the Port Harcourt refinery now working, we are anticipating that any moment from now, NNPC will give us its price. Once NNPC releases its price, we will start loading from NNPC. That is subject to if it is cheaper than that of Dangote.
“The last NNPC price was N1,040 and N1,045 per litre. But I know there will be a review of prices because there has been a crash in prices globally. So, we are expecting a review. Once that review is done, I will be able to give you the actual price. I know they are reviewing it. They are on top of the matter,” the IPMAN spokesman said.
The latest development also indicates that oil marketers may commence the importation of fuel if the prices set by both domestic refineries surpass their profit margins, thereby making it more financially viable for them to rely on imported fuel rather than locally produced stock.
The National Public Relations Officer of the Petroleum Products Retail Outlets Owners Association of Nigeria, Dr Joseph Obele, had earlier said NNPC petrol was N75 higher than the N970/litre offered by Dangote refinery.
However, PETROAN’s President, Billy Gillis-Harry, in a statement denied the claim, stressing that no price has been released by the national oil firm.
He explained that members of the association bought PMS based on the old pricing structure and are still waiting for the updated prices.The statement read, “The National Headquarters of Petroleum Products Retail Outlet Owners Association of Nigeria, PETROAN Abuja would Like to Inform the media and the general public that no new price for PMS has been released by the NNPC port Harcourt refinery.
“Members of PETROAN only bought PMS with the old pricing template awaiting
new prices. We are excited that the production and loading of refined petroleum products have commenced at the Port Harcourt Refinery and we are expectant that soon the price of PMS will be stated by NNPC to the benefit of Nigerians.”
The Executive Secretary of the Igbo Oriental Think Tank, Dr. Kenneth Anozie, has highlighted the vision of Dr. Chukwuma Anyichuks Odii for Ebonyi State ahead of the 2027 governorship election.
In a statement titled “Anyichuks Odii 2027: I Have a Dream for Ebonyi State,” Anozie compared Odii’s vision for Ebonyi with the transformational ideals associated with American civil rights leader Martin Luther King Jr.
According to the political analyst, Odii believes that Ebonyi State possesses enormous potential capable of benefiting the wider population rather than serving the interests of a few.
Anozie said Odii’s proposed agenda includes a restructuring of government to ensure equitable representation and development across the different zones of Ebonyi State.
He also listed improved infrastructure as a key component of Odii’s vision, particularly roads and other projects that would facilitate the movement of agricultural produce, stimulate industrial development and create employment opportunities for youths.
The analyst further said Odii plans to make the civil service more responsive to the needs of residents, establish major healthcare centres across the state’s local government areas to help reduce child mortality, and provide extensive ICT training for young people.
Anozie said the ICT initiative could position Ebonyi as a hub for technology talent, with trained professionals able to compete for opportunities locally and internationally.
“Anyichuks has a dream. Ndi Ebonyi need to cue in to that dream for the benefits of all,” Anozie said.
He urged Ebonyi residents to pay attention to the proposed agenda and participate actively in determining the direction of the state ahead of the 2027 election.
Dr. Kenneth Anozie is the Executive Secretary of the Igbo Oriental Think Tank and a political analyst.
…Governor trounces APC’s Oyebamiji with 66,252
The Independent National Electoral Commission has declared Governor Ademola Adeleke, of the Accord Party, the winner of the 2026 governorship election.
Announcing the final results, INEC Returning Officer, Prof. Joshua Ogunwole, the Vice- Chancellor of the Federal University, Oye-Ekiti declared Adeleke winner and returned him elected.
Ogunwole announced that the Accord candidate secured 511,067 while his closest challenger, Bola Oyebamiji of the All Progressives Congress, recorded 444,815 votes.
Adeleke trounced his major opponent with 66,252 votes amid wild jubilation by party supporters and other residents.
Details later…
The Osun State Governor and Accord Party candidate, Ademola Adeleke, has won 19 of the 30 Local Government Areas in Saturday’s governorship election, while the candidate of the All Progressives Congress, Bola Oyebamiji, secured victory in 11 LGAs.Download Offline Maps
The results are being collated and announced, with the Independent National Electoral Commission expected to make the official declaration after the completion of the process.
Adeleke recorded notable victories across several parts of the state, including Ede South, Ede North, Osogbo, Ife Central, Ife East, Ife North, Ilesa West, Odo Otin, Egbedore and Iwo.
Oyebamiji, however, won key LGAs including Ilesa East, Boripe, Irepodun, Obokun, Atakumosa West, Atakumosa East, Irewole, Isokan, Ola-Oluwa, Ife South and Olorunda.
The results announced so far show a closely contested election between the two major candidates, with the other candidates recording significantly lower figures in most of the LGAs.Download Interactive Maps
In Boluwaduro, Adeleke polled 7,118 votes against Oyebamiji’s 7,050. In Ede South, Adeleke secured 26,188 votes while the APC candidate scored 6,219.
Adeleke also won Ife North with 13,879 votes to Oyebamiji’s 9,613; Ilesa West with 16,196 against 12,756; Ifedayo with 7,427 against 6,836; and Ife Central with 21,171 against 15,913.
In Osogbo, Adeleke recorded 36,480 votes while Oyebamiji polled 30,474. He also won Oriade with 21,343 votes to 14,863 and Odo Otin with 18,003 votes against 15,435.
Other LGAs won by Adeleke included Ife East, where he scored 27,201 votes against Oyebamiji’s 18,600; Ifelodun, 21,107 against 18,396; Iwo, 27,085 against 19,660; Ede North, 35,427 against 10,283; Ila, 16,211 against 12,934; Ayedire, 11,073 against 9,910; Egbedore, 19,278 against 11,194; and Ayedaade, 16,681 against 15,719.Design Campaign Signs
Oyebamiji secured victories in Ilesa East with 16,208 votes against Adeleke’s 12,280; Boripe with 19,963 against 12,448; Irepodun with 15,713 against 14,504; and Obokun with 16,120 against 12,023.
He also won Atakumosa West, polling 10,037 votes to Adeleke’s 7,479; Irewole, 29,972 against 10,934; Atakumosa East, 9,936 against 7,872; Isokan, 14,063 against 13,765; Ola-Oluwa, 10,782 against 10,063; Ife South, 14,678 against 13,507; and Olorunda, 24,671 against 23,514.
The outcome places Adeleke ahead in the overall LGA tally, although the final result remains subject to the completion of the official collation and declaration by INEC.
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As of about 4:30pm on Saturday, INEC had uploaded 903 of the 3,763 expected polling-unit results to its Result Viewing Portal (IReV), representing about 24 per cent of the results expected across the state.
The emerging figures show Adeleke’s party making an early statement, particularly in Osogbo, where results from two polling units reviewed showed the Accord Party ahead of the All Progressives Congress (APC).
At Ward 4, Unit 39, Osogbo Local Government Area, Accord secured 65 votes, while the APC polled 43. The ADC recorded two votes, while ZLP, AA and AAC each scored one vote.
Another result from Ward 4, Unit 13, also in Osogbo, further tilted in favour of the Accord Party, which scored 134 votes against 75 votes for the APC. The ADC polled four votes, while ADP, AAC and APGA recorded one vote each.
The figures have placed Adeleke ahead in the early results emerging from the available uploads, although the lead cannot yet be treated as an indication of the final statewide outcome.
The race remains open, with thousands of polling-unit results still to be uploaded, verified and collated through the official INEC process.
The emerging results are nevertheless significant because they provide the first concrete picture of how the three leading contenders — Adeleke of the Accord Party, APC candidate Bola Oyebamiji and African Democratic Congress candidate Najeem Salaam — are performing in areas where results have been made available.
The early advantage for Adeleke comes after a tense election day marked by complaints over delays in the electronic transmission of results, alleged incidents of intimidation and vote-buying, as well as isolated reports of violence.
Adeleke had earlier expressed confidence in victory after casting his vote, while Oyebamiji also declared that he expected to win the contest. Salaam, meanwhile, raised concerns over the alleged non-recognition of some ADC agents and later reported an attack at his polling unit in Ejigbo.
Attention has now shifted from voting to the results battle, with parties and supporters closely monitoring the IReV portal and the official collation centres.
Following the conclusion of voting, presiding officers have commenced the sorting and counting of ballots at polling units, with results beginning to emerge from different parts of the state in Saturday’s governorship election.
Three major candidates in the Osun governorship election had expressed confidence in emerging victorious as the polls entered the sorting and collation stage, with each candidate and their supporters optimistic about securing the mandate of the electorate.
Governor Ademola Adeleke of the Accord Party, on Saturday, expressed confidence in emerging victorious in the ongoing governorship election after casting his vote at Sagba Abogunde Ward 2, Unit 9, in Ede North Local Government Area.
Meanwhile, the African Democratic Congress governorship candidate in Osun State, Najeem Salaam, raised concerns over the alleged non-recognition of his party agents in several areas across the state during Saturday’s election.
Meanwhile, as at 4.30pm, a check by our correspondent to the IReV portal indicated that 903 out of 3,763 units have been uploaded
Results announced so far:
1. Ward 4, Unit 39, Osogbo Local Government Area
ZLP — 1
AA — 1
AAC — 1
ADC — 2
APC — 43
Accord Party — 65
Presiding Officer: Oyeranmi Deborah
2. Ward 4, Unit 13, Osogbo Local Government Area
Accord Party — 134
APC — 75
ADC — 4
ADP — 1
AAC — 1
APGA — 1
Presiding Officer: Mabel Olowolayemo
3. From Ede North, 007/02/07/29
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