National News
President Tinubu’s Directive to Sell Crude Oil to Dangote Refinery: A Bold Step Towards Economic Independence:
President Tinubu’s Directive to Sell Crude Oil to Dangote Refinery: A Bold Step Towards Economic Independence:
By: Idowu Faleye
Nigeria has long struggled under the weight of economic colonialism, a phenomenon marked by the export of crude oil at low prices and the import of refined products at high costs. This cycle has drained the nation’s resources, perpetuated poverty, and stifled economic growth.
However, President Bola Tinubu’s recent directive to sell crude oil directly to the Dangote Refinery marks a significant turning point in Nigeria’s quest for economic self-sufficiency and industrialization.
The Dangote Refinery, spearheaded by Africa’s richest man, Aliko Dangote, stands as a beacon of hope for Nigeria’s industrial ambitions. Once fully operational, this mega-refinery will transform Nigeria from an importer to an exporter of refined petroleum products.
This symbolizes the nation’s determination to break free from decades of economic dependency and assert control over its resources. President Tinubu’s decision to sell crude oil to the Dangote Refinery directly has addressed one of the key challenges Nigeria faces.
One of the greatest problems Nigeria is facing is the imbalance in the international oil market, dominated by powerful Western companies. These entities have long profited from Nigeria’s dependency on foreign refineries. By empowering the Dangote Refinery, Nigeria is taking a bold step to challenge this status quo and establish itself as a formidable player in the global energy market.
Furthermore, this directive aligns with a broader vision of economic independence and industrialization. It sets the stage for Nigeria to develop its industrial capacity, create jobs, and increase GDP, thereby improving the standard of living for millions of Nigerians. The success of the Dangote Refinery can pave the way for similar initiatives across various sectors, fostering a ripple effect that boosts the nation’s overall industrial growth.
To support this vision, the Nigerian government must continue to implement policies that create an enabling environment for local industries to thrive. This includes investing in critical infrastructure, addressing security challenges, and promoting agricultural development as a foundation for industrialization. By harnessing its agricultural potential, Nigeria can reduce its dependency on imports, foster local innovation, and ensure sustainable economic growth.
In summary, President Tinubu’s directive to sell crude oil to the Dangote Refinery represents a significant milestone in Nigeria’s journey toward economic independence. It is a testament to the nation’s resolve to liberate itself from the shackles of economic colonialism and chart a course toward a prosperous, self-reliant future. With unwavering commitment and strategic planning, Nigeria can achieve the dream of a strong, industrialized nation that stands tall on the global stage.
[Idowu Faleye writes from Ado-Ekiti- 08132100608]
President Tinubu’s Directive to Sell Crude Oil to Dangote Refinery: A Bold Step Towards Economic Independence:
Four Soldiers Injured in Vehicle Accident on Mambilla Plateau
By: Zagazola Makama
Four Nigerian soldiers have sustained injuries in a vehicle accident on the Mambilla Plateau in Taraba State.
The accident occurred on Thursday while the troops were moving across the mountainous terrain of the area, Zagazola reports.
The Emir of Mambilla, Dr. Shehu Audu Baju, was said to have personally joined in the rescue operation to ensure that the soldiers received prompt assistance.
Following the rescue, the injured personnel were evacuated to the 20 Battalion Barracks in Serti for urgent medical care.
Community members and traditional leaders in the area have expressed sympathy and prayed for the speedy recovery of the soldiers, while also calling for the safety of other security operatives on duty.
Four Soldiers Injured in Vehicle Accident on Mambilla Plateau
UKNIAF, NGF Advance Electricity Reform with Nationwide Workshop Series
By: Michael Mike
The United Kingdom Nigeria Infrastructure Advisory Facility (UKNIAF), in partnership with the Nigerian Governors’ Forum (NGF) have wrapped up a major national initiative to support State-led electricity market reforms.
The State Learning Workshop Series focused on Electricity Market Development, Integrated Resource Planning (IRP) and energy modelling software.
Workshops in Lagos, Calabar, Kano and Jos have been successfully completed, drawing participants from all the 36 States and the FCT and setting a strong precedent for what lies ahead.
These sessions equipped policymakers, regulators and stakeholders with the tools to design robust, sustainable and investor-ready electricity markets at the State level, in line with the provisions of the Electricity Act 2023.
Reflecting on the significance of this initiative, the Director-Legal/Head Power Desk at the Nigerian Governors’ Forum, Mr. Chijioke Chuku,, stated that: “Nigeria’s electricity future depends on the capacity of our States to lead with vision, clarity, and technical precision. Through the workshop series, we are equipping States not just with knowledge, but with the confidence to take charge of their electricity markets. The NGF is proud to partner with UKNIAF in ensuring that the promise of the Electricity Act 2023 becomes a lived reality across the country.”
The sessions in the State Learning Workshops covered: The legal and regulatory pathways for setting up State Electricity Markets; Commercial models for private sector investment; Integration of State plans into Nigeria’s National IRP;
Practical training on the software platform for energy modelling.
The initiative drew from lessons learned in the course of UKNIAF’s work supporting the Akwa Ibom, Enugu, and Oyo State Governments—early movers in electricity market development—in setting up their markets.
It also drew from experience gained in the course of UKNIAF providing technical support to the Federal Ministry of Power in drafting both the National Integrated Electricity Policy and Nigeria’s first National Integrated Resource Plan, both of which were approved very recently.
With States now empowered by the Electricity Act 2023, this series is a timely and strategic effort to ensure capacity, coordination, and sustainability in Nigeria’s decentralised energy landscape.
UKNIAF, NGF Advance Electricity Reform with Nationwide Workshop Series
Three killed, others injured in bandits’ attack on Zamfara community
By: Zagazola Makama
Armed bandits have killed three persons and injured three others in an attack on Galadi town, Shinkafi Local Government Area of Zamfara.
Sources confirmed the incident saying the attack occurred at about 10:50 p.m. on Aug. 27.
The sources said the bandits stormed the town, shooting sporadically, which resulted in the deaths and injuries.
Troops of Operation FANSAN YANMA were mobilised to the scene. The corpses and injured victims were evacuated to Galadi Primary Health Care Centre for autopsy and treatment.
Meanwhile, a manhunt for the fleeing culprits has been intensified, as the bandits escaped before the arrival of the joint forces,” the sources said.
Three killed, others injured in bandits’ attack on Zamfara community
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