News

PENGASSAN Reacts As Dangote Refinery Misses Production Deadline

Published

8 months ago

September 12, 2023

Editor

The 650,000 barrels per day Dangote Refinery is yet to begin production after the August commencement date, earlier announced by the President, Dangote Group, Aliko Dangote.

While delivering his speech at the official commissioning of the refinery by former President Muhammadu Buhari in May, he said, “Your excellencies, distinguished guests, our first product will be in the market before the end of July or beginning of August this year.”

However, no drop of refined petroleum product from the refinery has hit the market weeks after the promised production deadline, according to findings by The PUNCH.

Spokesperson for the Nigerian National Petroleum Company Limited, Garba Deen in June, said that the company would cut down its fuel imports programme in August, once the Dangote Refinery began to push out refined petroleum products latest August.

A top source among the Major Oil Marketers Association of Nigeria also confirmed that NNPCL had cut down importation.

Corroborating Deen, while speaking to journalists after a meeting with oil marketers in Abuja, also in June, the Chief Executive, the Nigerian Midstream and Downstream Petroleum Regulatory Agency, Farouk Ahmed, also said NNPCL had cut down on importation.

Officials of the Communications Department of Dangote Refinery could not speak on the matter as of press time.

However, a source at the refinery told The PUNCH that the management was unsure of when petrol refining would begin at the Ibeju-Lekki facility.

The source who was not authorised to speak said, “For now, the management has not come out with any official date.”

The President, Petroleum and Natural Gas Senior Staff Association of Nigeria, Festus Osifo, advised the Federal Government to focus on completing the Port Harcourt refinery rather than focus on the Dangote refinery.

He said, “We should rather focus on making other refineries work because it would cut down on freight rates from importation, and would reduce prices. Dangote is a private businessman and can decide tomorrow that he would not refine again, although the government has a 20 per cent stake in the refinery. We should rather push for our own refineries, and ask the government the question such as; when is the Port Harcourt refinery going to start refining petrol?”

The National Controller Operations, the Independent Petroleum Marketers Association of Nigeria, Mike Osatuyi, also said there was no cause for alarm as far as petrol supply was concerned as the NNPCL was still importing.

According to him, management of the Dangote refinery may have delayed production, due to some internal challenges.

He also advised the Federal Government, to ensure that other local refineries come on stream rather than depend on the Dangote refinery.

Related Topics:Dangote Refinery Pengassan

Up Next

Banky W, Others React As Court Orders Election Rerun In His Federal Constituency

Don't Miss

Police Arrest Fake CP In Lagos

Comments

News

HP Wolf Security Threat Insights Report Reveals Cybercriminals’ Latest Tactics

Published

14 mins ago

May 20, 2024

Tari Ayesinghan

By Tari Ayesinghan

Palo Alto, Calif, May 16, 2024- HP Inc. has released its quarterly HP Wolf Security Threat Insights Report, exposing the latest techniques used by cybercriminals to evade detection and breach PCs.

The report highlights the growing use of open redirects, Fake invoices leading to HTML smuggling attacks and Living-off-the-Land (LotL) techniques to sneak past defenses.

HP Wolf Security has identified notable campaigns, including the use of open redirect vulnerabilities and the exploitation of Windows Background Intelligent Transfer Service (BITS) to download malicious files.

According to Patrick Schläpfer, Principal Threat Researcher, “Invoice lures are a classic trick, but still effective. Employees are more likely to open them, making it a lucrative target for attackers.”

The report emphasizes the importance of a defense-in-depth approach to security, as Living-off-the-Land techniques expose the limitations

News

Traders In Edo Protest Middlemen Activities, Seek Govt Intervention

Published

1 hour ago

May 20, 2024

Editor

Traders under the auspices of Ekiosa Market Traders Association, on Monday protested what they tagged activities of ‘evil middlemen and women’, which according to the protesters are causing price hike and artificial scarcity in Benin markets.

The protesters also protested against the neglect of their market (Ekiosa Market)by concerned authorities, which according to them got burnt in 2019.

The protesters who carried placards with different inscriptions as ‘evil union in Edo market are responsible for hike in food;’ Edo people say no to evil union in our market;’ Edo State government ban evil union in Edo markets;’ ‘we say no to evil union in Edo market,’ lamented that many of them are stranded due to government failure to rebuild their market that got burnt, adding that the middlemen and women are making them unproductive.

Speaking during a peaceful protest to the secretariat of the Nigeria Union of Journalists (NUJ), Edo State council, Lucky Orukpe, President of Traders Welfare Union, accused the middlemen and women of causing artificial scarcity in Edo market and also price hike in farm produce.

He alleged that these middlemen and women who form unions among themselves are making sure that whoever fails to join their union does not have a place to sell in the market in Benin City.

He said: “Today, in our market, if you bring your farm produce to sell, we have people we call middlemen and women in our market in Edo State. They will compel you to join a union before you can sell your garri; they will compel you to join their union before you can sell your yam.
If you are not in their union, and you are bringing produce to sell, no vehicle will carry you. When they succeed in compelling you to join their union, they give you time to come to their market.

“Today, farmers are scared to bring farm produce to the market. So, these evil unions are causing artificial scarcity in our market in Edo State.”

Ourkpe who alleged that the ‘evil middlemen and women just devised a new means of operation recently, lamented that due to their activities, food prices are lesser in states that Edo supplies food.

He further lamented: “We carry food from Edo State to other states but food is cheaper in these states, this is because of the activities of these middlemen.”

Ourkpe who said these men are not government agents but individuals, urged the state government to as a matter of urgency address the issue before it got out of hand.

On his part, Anthony Agho, president, Ekiosa Market Traders Association, lamented “we the Ekiosa Market traders are stranded in the streets. We have no where to trade. And they forbid us from selling on the walkway, so how are we going to survive.

He continued: “In 2019, Ekiosa Market got burnt, and since then we have been managing. In 2020, Oredo Local Government came and said we should leave the place and that they want to renovate it. Then in January 2024, the local government came and told us that we should leave and that between 4 months the work will be completed, and since then we have been waiting.”

News

Amadasun Owns Landed Property Situated At Zone MD Obazagbon, Benin Court Rules

Published

3 hours ago

May 20, 2024

Editor

A Benin High Court presided over by Hon Justice A.N. Erhabor has issued a certificate of “execution of warrant of possession” to Mr Frank Omo- Amadasun in order to take full possession of his landed property situated at Zone MD/A44/OBAZAGBON in lkpoba Okha Local Government Area of Edo State.

In 2021, some persons encroached the landed property measuring 1,000 feets by 1,000 feets in Obazagbon near Avbiama in Ikpoba okha local government area of Edo state.

The land acquired in 1979, was in full control of the complainant before its encroachment.

This forced Amadasun to institute a legal procedure against those who encroached on his land including Johnson Akpobosa, Peter Akpobosa, Abel Oyo Akpobosa l, Mrs Omoruyi, Mrs Oronsaye and 11 unknown persons.

In the case marked: No.B/975/2021, there was consequently an enrolment of order where the judge granted an interlocutory injunction restraining all the defendants/ respondents, their servants, agents, or any person howsoever described as acting on their behalf or instruction from further trespassing on the piece or parcel of land measuring approximately 1,000 feets by 1,000 feets known as plot 53351 lying and situate at Zone MD/A44/OBAZAGBON, lkpoba Okha Local Government Area of Edo State pending the hearing and determination of the substantive suite before the court.

But despite the restraining order, the defendants went ahead to start developing property in the land.

In the judgement, the court confirmed that Mr Amadasun has a verifiable Certificate of Occupancy to the land with digital registrar in the EDOGIS.

The court also confirmed that the claimant is the rightful owner in possession of 1,000 feets by 1,000 feets bounded by Beacon numbers 542, 543, 544 and 454 which covers an area measuring approximately 8, 557 hectares now known as plot 53351, lying and situate at Obazagbon in lkpoba Okha Local Government Area of Edo State.

After the judgement, the claimant, then got a certificate of execution of a warrant of possession which has been fully executed.

Contacted , the Edo state Police Public Relations Officer, SP Chidi Nwabuzor said the police received a letter from the Deputy Director of the High Court to execute the court order over the land.

SP Chidi Nwabuzor said the Edo state Commissioner of Police , CP Funsho Adegboye has since ordered men of the Anti Kidnapping And Cybercrime Unit of the Edo State Police Command to take over the judgement execution order.

As at Press time, the claimant has since taken over the full possession of the land as ordered by the court but not without resistance by some persons in Obazagbon in Ikpoba Okha local government area of Edo state.