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Group Disagrees With FG Over $1.5bn For PH Refinery Rehabilitation

The Paradigm Leadership Support Initiative (PLSI), a civic organisation fostering public accountability in the country, says it is not profitable to expend a sum of $1.5 billion to rehabilitate the refinery in Port Harcourt, Rivers State.
Recall that last week, the Federal Executive Council (FEC) approved the sum at the 38th virtual FEC meeting presided over by President Muhammadu Buhari.
Timipre Sylva, minister of state for petroleum resources, said the rehabilitation of the refinery would be done in three stages.
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But speaking at policy dialogue on improving efficiency and revenue of the Nigeria National Petroleum Corporation (NNPC) in Abuja on Tuesday, Olusegun Elemo, PLSI executive director, said the 2019 audit report of the NNPC has shown that the refinery is not profitable.
He said the refinery incurred a direct cost of N22 billion and it did not produce any product.
“They have been doing this turn around over and over again. There are other pressing issues, we are looking at revamping, the education section is there with it’s issues and security, it is difficult to open schools but you want to put $1.5 billion in a refinery that we are not certain,” Elemo said.
“The same Port Harcourt refinery did not generate anything in 2019. On what basis, what parameters are you using for investments? Who are the people that will run it anyway?
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“The same Port Harcourt refinery that did not generate a dime in 2019 incurred a N22 billion direct cost – paying salaries, getting people to travel around. It doesn’t appear to be profitable.
“It’s clear that it is not profitable.”
Also speaking at the meeting, Madaki Ameh, a lawyer and a former official of Shell, said instead of rehabilitating the refinery a new one should be set up.
“What you are turning around when setting up a refinery is not rocket science,” Ameh said.
The lawyer said for the industry to be viable, there must be performance indicators (KPIs) and a way to hold those occupying offices to account until the Petroleum Industry Bill (PIB) is enacted.
“If we are going to expect anything from the oil and gas industry we must set key performance indicators (KPIs) and hold people accountable to make them get their work done,” he said.
“We are not in short supply of those who can run this industry. We have very competent people.”
Overtime, experts have argued that the PIB will make NNPC a viable organisation to the country.
The proposed law which has been in the works for over 10 years is expected to cause reforms in the oil and gas sector.
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Some provisions of the bill include the restructuring of the NNPC and making it a public liability company.
Saudi Arabia has been able to achieve this feat with Aramaco listing on the Saudi Stock Exchange in 2019, becoming the most valuable listed company in history.
(THECABLE)
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Mob Fury Over Missing Man: Youth Leader Declared Wanted as Brother, Mother Die in Akwa Ibom Community Tragedy
By Our Correspondent
Tension and grief have enveloped Effoi Village in Eket Local Government Area of Akwa Ibom State following a tragic mob attack that claimed the life of a middle-aged man, Godwin Ikott Bassey, amid allegations linked to his elder brother, Dennis Ikott Bassey.
The incident, which has sent shockwaves across the community, was reportedly triggered by the unresolved disappearance of a villager, a development that has fueled anger among local youths for years.
Sources within the community disclosed that the mob, allegedly acting on suspicion and pent-up frustration, stormed the residence of the Bassey family in search of Dennis Ikott Bassey, who has been accused of having a connection to the long-standing case.
Unable to find their prime target, who was reportedly said to have fled to Benin City, Edo State, for safety, the assailants descended on his younger brother, Godwin Ikott Bassey, fatally attacking him in what eyewitnesses described as a brutal act of mob justice.
It was gathered that Dennis Ikott Bassey, now on the run, had long been on the radar of irate youths over a lingering community-related dispute said to have spanned over 10 years.
A source, who spoke on condition of anonymity due to security concerns, told our correspondent that Dennis Ikott Bassey once served as the youth leader of Effoi Village, a position that placed him at the centre of several sensitive community matters.
The source further revealed that suspicion surrounding his alleged involvement in the unresolved disappearance had continued to grow, eventually boiling over into violence.
The unfortunate incident, which occurred on May 15, 2025, has since deepened divisions within the community, with many residents expressing fear over possible reprisals and further unrest.
In a tragic twist, the violence did not end with the killing of Godwin, as his aged mother reportedly slumped and died shortly after receiving news of her son’s gruesome death.
Residents described the elderly woman’s death as heartbreaking, noting that the emotional trauma proved too overwhelming for her to bear.
Further findings revealed that the late Godwin Ikott Bassey was a well-known automobile mechanic in the area, respected for his quiet lifestyle and dedication to his trade.
However, it was further gathered that the assailants allegedly trailed Dennis to Benin City, where they reportedly unleashed another wave of violence in an area within the metropolis where he was believed to be hiding.
The police authorities in Edo State, upon enquiry by our correspondent, confirmed the incident, stating that no arrests had been made in connection with the development.
As of the time of filing this report, efforts to reach local law enforcement authorities in Akwa Ibom State were unsuccessful, while the whereabouts of Dennis Ikott Bassey remain unknown, with community members calling for calm and a thorough investigation into the incident.
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Tension As Unknown Gunmen Kill Police Informant In Imo Community
By Qosim Sulaiman
Palpable tension engulfed the residents of Nkwogwu community, Aboh Mbaise Local Government Area of Imo State following the killing of an elderly man, Pa Albert Nwanchukwu, believed to be a police informant.
The assailants, numbering about eight, who reportedly stormed the home of the late Nwanchukwu at about 10pm on Tuesday, 22 April, 2025, were said to have met him where he was relaxing in his compound and immediately opened fire on him.
According to our source who pleaded anonymity, before his assassination, the late Nwanchukwu, had reportedly went to a police station in the locality to inform them of the activities of the gunmen, just as he pleaded to the police to get them arrested.
Our source disclosed that the late Nwanchukwu never knew that some policemen are accomplished in the act, adding that the policemen no doubt informed the gunmen who in anger came and killed him.
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Our source narrated: “They were about eight in number. They came with different weapons – guns, machetes. They were all masked except their leader.
“It was late but the floodlight from the streetlight was bright. They drove dangerously and went straight to Mr Albert Uwandu Nwachukwu house. The man was relaxing in the front of his house. Immediately they saw him, they opened fire,” he died on the spot”, an eyewitness who saw the entire scene from the balcony of his house recounts.
Our source added: “Further investigations proved that the spy had informed this notorious gang of late Pa Nwachukwu’s visit to the police, thereby leading to the attack on his household.”
After killing the man, the gang reportedly went inside the house searching for other family members.
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While it was evident that the gang intended to eviscerate the entire members of the family, three of his children – Victor Onyedikachi Nwachukwu, Promise Rita Nwachukwu Yakubu and Blessing Nzebechi Nwachukwu escaped.
“I saw the three of them. They ran through the back door. Since that time, we have not seen them again”, the same eye-witness disclosed to our correspondent.
This particular incident has thrown the entire community and Aboh Mbaise Local Government in general, into mourning.
While some questioned the safety of police informants, other believed the incident shows the rot in the police force of the country.
Expressing his disappointment in the police, the chairman of Aboh Mabise LGA; Honourable Barrister Iheukwumere Henry Alaribe vowed a major crackdown on the unknown gunmen.
The Commissioner of Police, Imo State Command, CP Aboki Danjuma promised a total clampdown and return of sanity to the community.
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Protect Oil Palm Host Communities; Address Spate Of Kidnapping, Violence, Govt Told
By Joseph Ebi Kanjo
A non-profit organization – African Law Foundation (AFRILAW), has appealed to the government at levels to ensure the protection of oil palm host communities and address the spate of kidnapping and violence in such areas.
AFRILAW further urged the governments to ensure that communities’ rights and privileges are respected in land deals with oil palm companies to avoid human rights violations.
Okereke Chinwike Esq,
Founder and Chief Executive Officer, AFRILAW, made the appeal in Benin on Tuesday at the Public Presentation and launching of ‘The Community-based Report on Human Rights Violations in the Palm Oil Supply Chain in Edo State.’
INFO DAILY reports that the event is part of AFRILAW activities under the “Promoting Human Rights in Palm Oil Supply Chain in Nigeria Project,” being implemented by AFRILAW in partnership with Zero Tolerance Initiative (ZTI) and the National Human Rights Commission (NHRC) with funding support from True Cost Initiative (TCI) USA.
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According to the AFRILAW founder, addressing companies’ human rights violations from their operations in host communities require evidence-based research, hence the research and report presentation.
“The Report we are presenting today documents evidence of community rights violations by major oil palm companies operating in the state. The research is informed by the increasing spate of violence and community protests against the operations of oil palm companies operating in Edo state, and provides greater understanding of the prevailing cases of community and human rights violations and nature of conflicts,” he noted.
He, therefore, urged the government to
“put in place a mandatory binding CSR laws and guidelines for companies to ensure that community rights and privileges are protected.”
He further appealed to the government to “ensure effective implementation of the National Action Plan on Business and Human Rights and set forth clear expectations for business enterprises regarding the importance of respecting the rights of human rights defenders, indigenous people and communities in Nigeria.”
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On his part, Executive Secretary, National Human Rights Commission, Anthony Ojukwu (SAN), described the report as essential, stressing that beyond normal advocacy, research-based advocacy is more efficient and effective.
Represented by Mrs Mary Okoh, Deputy Director, Legal/Focal Point Business and Human Rights, NHRC, Ojukwu said beyond Corporate Social Responsibility (CSR) organization should take seriously major issues of mainstreaming human rights into their operations.
“That means anyone who wants to set up a business must put into consideration the needs of the people and not what the organization or company needs. We have found out that this is where human rights violations start.
“Let them be part of the discussion and planning in the setting up of the business. Let them know what is at stake for them,” he said.
Goodwill messages were delivered by government agencies and ministries, while the presentation and launching also attracted security agencies including the Nigeria Police Force, the Nigerian Army, the Nigerian Customs Service, and the Nigeria Immigration Service among others.
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