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IT’S NOT IN OUR NATURE TO PAY EVIL FOR GOODI’M BIGGER THAN ALL OF YOU PUT TOGETHER – WIKE TELLS PDP GOVS BACKING FUBARAI REPORTED MY RAPE CASE TO SUPERIOR OFFICERS BUT THEY DISREGARD IT DUE ACCUSED PERSON’S RANK – DISCHARGED FEMALE SOLDIERNAIRA DEPRECIATES TO N1,700/$ AT PARALLEL MARKET – LOWEST IN SEVEN MONTHSNEW COVID-19 VARIANT EMERGES IN EUROPE, USPRESIDENCY MOVES TO STOP OCTOBER 1 PROTESTTHERE’S NO PLACE IN IRAN THAT WE CANNOT REACH – ISRAELI PRIME MINISTER, NETANYAHUSTOP BLOCKING ROADS DURING PRAYER SESSIONS – APPEAL COURT PRESIDENT TELLS MUSLIMS, CHRISTIANSPASTOR DIES IN ABUJA WHILE FASTING, PRAYINGWHY BOBRISKY WAS SEPARATED FROM OTHER INMATES – PRISON EXPERTSTHOSE WHO WILL RESCUE NIGERIA NOT YET BORN, JOE IGBOKWE, TINUBU SUPPORTER, MAKES U-TURNEFCC DETAINS, CHARGES FORMER TARABA GOVERNOR, ISHAKU, OVER ALLEGED N27BN FRAUDSPONSORSHIP OF BANDITRY ALLEGATION: MINISTER VS GOVERNOR: DHQS OPENS UP INVESTIGATIONPH REFINERY SETS OCTOBER 2 AS ANOTHER DATE TO COMMENCE OPERATIONENUGU RANKS LOWEST IN EASE OF DOING BUSINESSENUGU GOVT VOWS TO GO TOUGH AGAINST SEX-FOR-GRADE OFFENDERSSET BACK FOR ATIKU AS ADAMAWA PDP BACKS DAMANGUNBOBRISKY WAS GUARDED LIKE PRESIDENT IN KIRIKIRI PRISON, SPENT ONLY THREE WEEKS OUT OF SIX MONTHS JAIL SENTENCEAKWA IBOM FIRST LADY, PATIENCE UMO, IS DEADPRESIDENCY USED N9.2B TO PURCHASE VEHICLES AMID HARDSHIPNNPC STRUGGLING TO SUPPLY CRUDE TO DANGOTE BECAUSE BUHARI USED REFINERY AS LOAN COLLATERAL – PENGASSANYOU SACKED ME AS CBN GOVERNOR – EMIR SANUSI TELLS EX-PRESIDENT JONATHANPRISON OFFICIALS SUSPENDED OVER BRIBERY ALLEGATION INVOLVING BOBRISKY50M ALMAJIRI, OUT-OF-SCHOOL CHILDREN ROAMING THE STREETS – FGENUGU GOVT SUMMONS NSUKKA TRADITIONAL RULERS, PGS OVER BRUTAL ORIOKPA MASQUERADESAPPOINT YAHAYA BELLO MINISTER OF FINANCE – MAHDI SHEHU ON TINUBU’S PROPOSED CABINET RESHUFFLEPRO-DEMOCRACY OPPOSITIONS ASK NIGERIANS TO JOIN OCTOBER PROTESTSSGF AKUME LISTS TINUBU’S ACHIEVEMENTS AHEAD OF INDEPENDENCE ANNIVERSARY CELEBRATIONNIGERIA @64: TINUBU ORDERS LOW KEY INDEPENDENCE ANNIVERSARY CELEBRATIONCOURT SENTENCES FIVE OFFA BANK ROBBERS TO DEATHNIGERIA DID NOT LOSE $49.8B UNDER MY ADMINISTRATION – GOODLUCK JONATHANFEDERAL WORKERS BEGIN TO RECEIVE N70,000 MINIMUM WAGENIGERIA NOT RIPE FOR TOTAL SUBSIDY REMOVAL – ECONOMISTWE’RE EXECUTING OVER 1,000 PROJECTS IN ENUGU – PETER MBAHPRICES OF RICE, BEANS, EGG, BREAD STILL HIGH – NBSHARDSHIP: CIVIL SERVANTS GO TO WORK TWICE IN A WEEKIT’S SHAMEFUL, KWARA HAS ILLEGITIMATE COUNCIL CHAIRMEN, COUNCILLORS – SARAKIEDO GUBER: I’LL CONTEST AGAIN – OLUMIDE AKPATAREAL REASON WABARA WAS DENIED JOB SLOTS – FCCCOUNT US OUT OF DANGOTE, NNPC CONTROVERSY – FGWHY YAHAYA BELLO WAS TURNED BACK AT HEADQUARTERS – EFCCFG FILES FRESH 16-COUNT CHARGES AGAINST EX-KOGI GOVERNOR YAHAYA BELLOHOW NASARAWA CATECHIST WAS FATALLY SHOT BY GUNMENTINUBU ACCUSES MINISTERS OF NOT BROADCASTING HIS ACHIEVEMENTSFG INCREASES NYSC MEMBERS MONTHLY ALLOWANCE TO N77,000
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Trending News: NNPC PORTAL SHUTDOWN, DELAYS PETROL SUPPLY – MARKETERSWHY THE NORTH OPPOSES TOTAL RESTRUCTURING OF NIGERIAHOUSE OF REPS REJECTS CFR HONOUR AWARD ON SPEAKER, DEMANDS GCON, SAYS WE’RE NOT INFERIOR TO SENATORSENUGU COUNCIL BOSS BANS ILLEGAL REVENUE COLLECTIONS, EXTORTION OF MOTORISTSNIGERIANS RECEIVED THE MOST US GREEN CARDS IN AFRICA IN 2023MY SHOP WAS FULL BUT NOW EMPTY UNDER TINUBU’S BAD GOVT – LAGOS WOMAN FUMESINDEPENDENCE ANNIVERSARY SPEECH CONFIRMS TINUBU’S INSENSITIVITY – PDPWHY WE DEPLOYED OUR MEN AT RIVERS STATE ELECTORAL COMMISSION OFFICE – POLICENIGERIA NEEDS INDEPENDENCE FROM STATE CAPTURE – PETER OBIFORMER US PRESIDENT, JIMMY CARTER, CLOCKS 100 YEARS TODAY, SHARES BIRTHDAY WITH NIGERIAI DIDN’T STEAL FROM KADUNA TREASURY, I’M READY TO SWEAR BY QURAN – EL RUFAIIT’S TIME TO COLLAPSE WIKE’S STRUCTURE IN RIVERS – FUBARAWE MUST REFORM OR COLLAPSE – TINUBU ON NIGERIAN 64TH INDEPENDENCE ANNIVERSARYPRESIDENT TINUBU ANNOUNCES 30-DAY NATIONAL YOUTH CONFERENCEWE’RE HUNGRY, ENOUGH IS ENOUGH: NIGERIANS CHANTED AS THEY BEGIN PROTEST IN ABUJAATIKU SEEKS CONSTITUTIONAL AMENDMENT FOR SIX-YEAR SINGLE TERM PRESIDENCYAGAIN, JOE IGBOKWE, TINUBU SUPPORTER CRIES: ‘WHY IS OUR NAIRA WEAK?’I WASN’T SUSPENDED OVER BOBRISKY – PRISON OFFICIAL … HE WAS SUSPENDED – CONTROLLER-GENERALREDUCE PUMP PRICE OF FUEL NOW – PDP TELLS TINUBUFUBARA REACTS TO WIKE’S BOASTFULNESS, SAYS ONLY EMPTY CONTAINER MAKES A NOISEMINIMUM WAGE: 17 GOVERNORS SET UP COMMITTEES FOR IMPLEMENTATIONIPOB BANS INDEPENDENCE ANNIVERSARY CELEBRATION ACTIVITIES IN SOUTH EAST ON OCTOBER 1CONFUSION IN RIVERS OVER OCTOBER 5 LOCAL GOVT ELECTIONENUGU GOV, PETER MBAH, SWEARS IN NEWLY ELECTED LG CHAIRMENPOLICE MOBILIZE AGAINST PLANNED OCTOBER 1 PROTESTS, DEPLOY OPERATIVES ACROSS ABUJAPDP GOVERNORS ASSOCIATING WITH WIKE ARE TRAITORS – ATIKU’S AIDENO GOING BACK ON OCTOBER 1 PROTESTS – ORGARNIZERSHIGH COST OF TRANSPORTATION: NIGERIAN WORKERS RESIGNING FROM JOBSBREAKING: COURT STOPS INEC FROM ISSUING VOTERS’ REGISTER FOR RIVERS LG POLLAPC, NOW WEAPON OF POVERTY, CHIEFTAIN LAMENTS, DUMPS PARTYCONSTITUTION REVIEW: NORTHERN, SOUTHERN SENATORS DISAGREE ON REGIONALISMCORRUPTION, MAJOR CHALLENGE IN NIGERIA – SENATOR ALI NDUMEPH REFINERY DEFIES DEADLINE, EXPERTS ARRIVE FROM ITALYENUGU GOVT SEALS ILLEGAL, SUBSTANDARD SCHOOLSPOLICE SEAL EDO DEPUTY GOVERNOR’S OFFICEHOW NIGERIA WAS DESTROYED BY BUHARI & CO, TINUBU & COMAN WHO OFFERED TINUBU N100M TO PURCHASE NOMINATION FORM GETS TWO FEDERAL APPOINTMENTSAPGA WINS 21 CHAIRMANSHIP, COUNCILORSHIP SEATS IN ANAMBRANIGERIA @ 64: ENUGU GOVERNOR, PETER MBAH, CALLS FOR INCLUSIVE NATIONAL ECONOMIC DEVELOPMENTNOBODY CAN STOP OCTOBER 1 PROTESTS – INIBEHE EFFIONGI CAN’T DONATE MY KIDNEY OR LIVER BECAUSE OF LOYALTY – FUBARAEX-PRESIDENT JONATHAN FLUSHED OUT BOKO HARAM – SENATOR NDUMEWHY I’M SEEN AS ANTI-IGBO – JOE IGBOKWETWO DAMS IN PLATEAU, ENUGU NEARING COMPLETION – MINISTERDON’T SET FIRE ON OYO STATE – MAKINDE BEGS WIKE AS FCT MINISTER BATTLES PDP GOVERNORSLION MAULS HANDLER TO DEATH AT OBASANJO ZOOIRAN TRANSFERS SUPREME LEADER, AYATOLLAH, TO SECURE LOCATION FOLLOWING ISRAELI THREATSEDO GOVT RAISES ALARM OVER PLANNED INVASION OF GOVT HOUSE BY DEPUTY GOV, PHILIP SHAIBUSENATORS CLASH OVER REGIONAL GOVT PROPOSALWE’LL TEACH YOU A LESSON – WIKE MOCKS FUBARA CAMP FOR SEEKING REFUGE IN APPRESULTS FROM INEC’S IREV SHOW PDP WON EDO GOVERNORSHIP ELECTIONENUGU GOVT EMBARKS ON CONSTRUCTION OF CNG MOTHER STATIONNIGERIA MUST REMAIN GIANT OF AFRICA – TINUBU TELLS ARMED FORCES60% OF NIGERIANS LIVE IN POVERTY – PETER OBIIS NIGERIA A NORMAL COUNTRY, A ZOO, OR A JUNGLE?, BY SESUGH AKUMEWE’RE SORRY, FUBARA’S KINSMEN APOLOGIZES TO WIKE. IT’S NOT IN OUR NATURE TO PAY EVIL FOR GOODI’M BIGGER THAN ALL OF YOU PUT TOGETHER – WIKE TELLS PDP GOVS BACKING FUBARAI REPORTED MY RAPE CASE TO SUPERIOR OFFICERS BUT THEY DISREGARD IT DUE ACCUSED PERSON’S RANK – DISCHARGED FEMALE SOLDIERNAIRA DEPRECIATES TO N1,700/$ AT PARALLEL MARKET – LOWEST IN SEVEN MONTHSNEW COVID-19 VARIANT EMERGES IN EUROPE, USPRESIDENCY MOVES TO STOP OCTOBER 1 PROTESTTHERE’S NO PLACE IN IRAN THAT WE CANNOT REACH – ISRAELI PRIME MINISTER, NETANYAHUSTOP BLOCKING ROADS DURING PRAYER SESSIONS – APPEAL COURT PRESIDENT TELLS MUSLIMS, CHRISTIANSPASTOR DIES IN ABUJA WHILE FASTING, PRAYINGWHY BOBRISKY WAS SEPARATED FROM OTHER INMATES – PRISON EXPERTSTHOSE WHO WILL RESCUE NIGERIA NOT YET BORN, JOE IGBOKWE, TINUBU SUPPORTER, MAKES U-TURNEFCC DETAINS, CHARGES FORMER TARABA GOVERNOR, ISHAKU, OVER ALLEGED N27BN FRAUDSPONSORSHIP OF BANDITRY ALLEGATION: MINISTER VS GOVERNOR: DHQS OPENS UP INVESTIGATIONPH REFINERY SETS OCTOBER 2 AS ANOTHER DATE TO COMMENCE OPERATIONENUGU RANKS LOWEST IN EASE OF DOING BUSINESSENUGU GOVT VOWS TO GO TOUGH AGAINST SEX-FOR-GRADE OFFENDERSSET BACK FOR ATIKU AS ADAMAWA PDP BACKS DAMANGUNBOBRISKY WAS GUARDED LIKE PRESIDENT IN KIRIKIRI PRISON, SPENT ONLY THREE WEEKS OUT OF SIX MONTHS JAIL SENTENCEAKWA IBOM FIRST LADY, PATIENCE UMO, IS DEADPRESIDENCY USED N9.2B TO PURCHASE VEHICLES AMID HARDSHIPNNPC STRUGGLING TO SUPPLY CRUDE TO DANGOTE BECAUSE BUHARI USED REFINERY AS LOAN COLLATERAL – PENGASSANYOU SACKED ME AS CBN GOVERNOR – EMIR SANUSI TELLS EX-PRESIDENT JONATHANPRISON OFFICIALS SUSPENDED OVER BRIBERY ALLEGATION INVOLVING BOBRISKY50M ALMAJIRI, OUT-OF-SCHOOL CHILDREN ROAMING THE STREETS – FGENUGU GOVT SUMMONS NSUKKA TRADITIONAL RULERS, PGS OVER BRUTAL ORIOKPA MASQUERADESAPPOINT YAHAYA BELLO MINISTER OF FINANCE – MAHDI SHEHU ON TINUBU’S PROPOSED CABINET RESHUFFLEPRO-DEMOCRACY OPPOSITIONS ASK NIGERIANS TO JOIN OCTOBER PROTESTSSGF AKUME LISTS TINUBU’S ACHIEVEMENTS AHEAD OF INDEPENDENCE ANNIVERSARY CELEBRATIONNIGERIA @64: TINUBU ORDERS LOW KEY INDEPENDENCE ANNIVERSARY CELEBRATIONCOURT SENTENCES FIVE OFFA BANK ROBBERS TO DEATHNIGERIA DID NOT LOSE $49.8B UNDER MY ADMINISTRATION – GOODLUCK JONATHANFEDERAL WORKERS BEGIN TO RECEIVE N70,000 MINIMUM WAGENIGERIA NOT RIPE FOR TOTAL SUBSIDY REMOVAL – ECONOMISTWE’RE EXECUTING OVER 1,000 PROJECTS IN ENUGU – PETER MBAHPRICES OF RICE, BEANS, EGG, BREAD STILL HIGH – NBSHARDSHIP: CIVIL SERVANTS GO TO WORK TWICE IN A WEEKIT’S SHAMEFUL, KWARA HAS ILLEGITIMATE COUNCIL CHAIRMEN, COUNCILLORS – SARAKIEDO GUBER: I’LL CONTEST AGAIN – OLUMIDE AKPATAREAL REASON WABARA WAS DENIED JOB SLOTS – FCCCOUNT US OUT OF DANGOTE, NNPC CONTROVERSY – FGWHY YAHAYA BELLO WAS TURNED BACK AT HEADQUARTERS – EFCCFG FILES FRESH 16-COUNT CHARGES AGAINST EX-KOGI GOVERNOR YAHAYA BELLOHOW NASARAWA CATECHIST WAS FATALLY SHOT BY GUNMENTINUBU ACCUSES MINISTERS OF NOT BROADCASTING HIS ACHIEVEMENTSFG INCREASES NYSC MEMBERS MONTHLY ALLOWANCE TO N77,000
Thu. Oct 3rd, 2024

OIL INDUSTRY MAFIA BIGGER THAN DRUG CARTEL – DANGOTE

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OIL INDUSTRY MAFIA BIGGER THAN DRUG CARTEL – DANGOTE

The owner of Dangote Refinery and Africa’s richest man, Aliko Dangote, has opened up about some of the challenges of operating in Nigeria’s oil industry, underscoring the controlling influence of some cartels.
According to him, the mafia in the oil industry is bigger than the drug cartel.

Dangote made the submission during an interview with Bloomberg on Monday.

According to him, “I never knew that the oil industry mafia is stronger than the drug cartel; it’s a big cartel. I will say this anywhere.”

He added that the mafia in the oil industry have the ability to control the prices of fuel in the country just for their own advantage or to prevent any unwanted competition.

The businessman, however, said Dangote Refinery would be able to outsmart them because it can take local currency (naira), but they can not.

Meanwhile, the Federal Government and Dangote Refinery have finalized an agreement for the supply of 12 million barrels of crude oil to the facility in October.

Aliko Dangote, the chief executive officer of Dangote Refinery, confirmed this information during an interview with Bloomberg TV in the United States.

He stated that the crude oil supply is a component of an ongoing agreement with the federal government, aimed at allowing the refinery to process crude domestically and produce petrol, diesel, and jet fuel for the local market.

This arrangement is part of the “Crude Oil for Naira” initiative, which represents a strategic collaboration between the Dangote Group and the Nigerian government.

    • Dons Eze

    DONS EZE, PhD, Political Philosopher and Journalist of over four decades standing, worked in several newspaper houses across the country, and rose to the positions of Editor and General Manager. A UNESCO Fellow in Journalism, Dr. Dons Eze, a prolific writer and author of many books, attended several courses on Journalism and Communication in both Nigeria and overseas, including a Postgraduate Course on Journalism at Warsaw, Poland; Strategic Communication and Practical Communication Approach at RIPA International, London, the United Kingdom, among others.

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    AGAIN, JOE IGBOKWE, TINUBU SUPPORTER CRIES: ‘WHY IS OUR NAIRA WEAK?’

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