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Why APC should apologize to Nigerians ~ by Emmanuel Gandu

Part II petroleum scam

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Nigeria’s three refineries of Port Harcourt, Warri, and Kaduna have a combined refining capacity of 445,000 barrels per day but none of them is functional for decades despite series of Turn around Maintenance (TAM).

The Buhari APC government has since coming to power spent a whopping $26.5 billion on maintenance alone.

Oil experts and industry watchers have estimated that it would cost less ($ 24 billion) to build the same 3 refineries with same refining capacity at Port Harcourt, Warri, and Kaduna today.

They wondered why this government is not prudent with scarce resources by going ahead to do turn around maintenance with funds that could have built a new set of refineries.

IN THE BEGINNING

The discovery of Oil (Black Gold) on January 1956 at Oloibiri in Ogbia LGA of Bayelsa state, and subsequently many others in several Communities in the Niger Delta of Nigeria.

Following the increase in oil wells Nigeria embarked on the construction of these refineries by the Yakubu Gowon led administration:

  1. Port Harcourt refinery commissioned in 1965 with a refining capacity of 210, 000 barrels per day of oil and gas.
  2. Warri refinery commissioned in 1978 and the commissioning of the Petro Chemical plant in 1987 with a total refining capacity of 125, 000 barrels per day.
  3. Kaduna refinery commissioned in 1988 with a total refining capacity of 110, 000 barrels per day for oil and gas. It was also built to produce lubricating oil blend stocks, waxes, bitumen and Kero.

These refineries launched Nigeria to the elite club of world oil producing nations, and the organization of Oil Producing and Exporting Countries (OPEC).

OIL SUBSIDY :  FACTS OF THE SCAM

Nigeria is the 7th highest oil producer in the world, and Africa’s biggest.

Despite oil being the country’s economic mainstay since the 1970’s, contemporary successive governments have failed to maintain the refining of crude oil in our refineries.

These seeming apathy had resulted in the abandoning of such critical assets leading to endless importation, rising prices of premium spirit, diesel, gas, jet A (Aviation) fuel, bitumen, kero, etc.

Nigeria is a country that produces crude oil but imports refined products for domestic consumption. This no doubt has given rise to monumental corruption.

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How much petroleum products is imported?

How much liters is consumed?

These are some of the questions NNPC and government is unable to provide answers to.

Funds are always released for turnaround maintenance (TAM) of the countries three (3) refineries at Port Harcourt, Warri, and Kaduna but the more money is sunk, the less of oil drop is seen by Nigerians.

These refineries have become more of cash cows for government officials than avenues for national development.

For a government of the APC that promises to build of 4 new refineries in 4 years to resort to spending a whopping $26.5 billion on endless maintenance of rusted out infrastructure called refineries smacks of corruption.

Therefore, Petroleum products have continued to be subsidized.

Unfortunately, due to the rising price of crude oil in the international market, and the falling value of the naira, Petroleum subsidy payment grew from # 350 billion in 2019 to # 450 billion in 2020, then got to # 1.573 billion in 2022.

What baffle keen observers of the sharp rising trend of this subsidy regime is the figures spent for 2022.

Data from the Nigerian National Petroleum Corporation (NNPC) shows that for January and February 2022 alone, the cost for subsidy was # 396.72 billion.

Furthermore, the federal legislatures approved another sum of #4 trillion to be spent on subsidy in 2022.

This #4 trillion approval to be spent for subsidy in 2022 means that the federal government has abandoned its enacted Petroleum Industry, Act of 2021 that prescribed a free market for the downstream sector of the petroleum industry.

According to the minister of Finance, Budget & National Planning, Zainab Ahmed in July 2022, the country will be expected to pay as much as #6.72 trillion for subsidy in 2023.

This is the danger:

(1) This portends trouble economically if this subsidy regime continuous.

(2) How will Nigeria with a total annual budget of #17 trillion naira use a whopping #4 trillion for subsidy alone ?

(3) How will Nigeria cope with a projected revenue of #10 trillion ?

(4) Oil prices are surging upwards globally due to the Russian War in Ukraine. Nigeria is unable to take advantage of this global oil boom in price because we don’t refine.

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Surely the subsidy will have to get higher as Nigeria is at the mercy of rising market forces.

Will things not get much more difficult for Nigeria in the very near future?

PETROLEUM CORRUPTION SCANDALS UNDER APC / BUHARI’S WATCH

You would recall that APC under Buhari had promised Nigerians before the 2015 elections that they will build 4 new refineries in 4 years of their reign if elected to power. The APC was elected in 2015 and we are 8 years going without APC government building any new refinery. They cannot even maintain the existing ones, thus subjecting Nigerians to excruciating agony of high prices and shortages.

As we speak, Nigeria cannot even mine its crude for export to meet the approved 1.8 billion barrels per day OPEC quota.

Surprisingly, Major General Muhammadu Buhari was the Petroleum Minister during the military administration of General Olushegun Matthew Aremu Obasanjo.

Today, President Muhammadu Buhari doubles as the Minister of Petroleum.

Therefore, the alleged monumental corruption in the oil sector can rightly be placed at Buhari’s door step.

 

The APC government under Buhari’s watch reportedly spent #10.23 billion in June 2020 on three (3) refineries that ended up processing zero crude.

Again in 2021, this APC government approved and is spending $1.5 billion (about #600 billion) to repair the Port Harcourt refinery.

Despite the huge spending, the refineries have refused to function, while Nigerians keep groaning under the excruciating and persistent scarcity.

Interestingly, SERAP in a suit number FHC/L/CS/806/2022 filed in the Federal High Court, Lagos is seeking an order of Mandamus to compel Muhammadu Buhari to investigate the spending of #1.48 trillion reportedly spent on 4 refineries between 2015 and 2020 (NNPC Monthly Financial Statement).

One may ask, which is the 4th refinery referenced here?

MORE SCANDALOUS REVELATION

In another major revelation twist, petroleum industry watchers lament the whopping sum of $26.5 billion which the federal government has so far spent on the maintenance of the country’s loss – making 445,000 barrels per day capacity three (3) refineries of Port Harcourt, Warri, and Kaduna.

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Experts on energy and construction of refineries have opined openly to say that this $26.5 billion is capable of building three new refineries of the same sizes as each of the ones in Port Harcourt, Warri and Kaduna.

This suggestion, according to these experts is arrived at based on the cost analysis of refinery projects currently going on across the world :

(1) The Ecuador refinery being constructed at Manto is a 500,000 barrels per day capacity for $12 billion.

(2) Dangote refinery in Lagos Nigeria, a 650,000 barrels per day capacity being constructed for about $15 billion.

(3) Kuwait is building the Al Zour Oil Refinery for $16 billion with a refining capacity for 615 barrels per day.

Now, with Nigeria’s three (3) refineries having a combined refining capacity of 445,000 barrels per day, the implication is that it would cost less than :

(a) $8 billion to build a new 210,000 barrels per day capacity refinery in Port Harcourt – the same size like the existing one.

(b) It will also cost less than $8 billion to build a new refinery in Warri, just like the existing one with same refining capacity of 125,000 barrels per day.

(c) The Kaduna refinery has a refining capacity of 110,000 barrels per day.

If an exact and similar refinery were to be built to day in Kaduna, it will cost less than $8 billion.

By the above expert’s analysis, the three new refineries would therefore cost only about $24 billion.

The questions to ask the APC and Muhammadu Buhari government include the following:

(1) Why did the government of APC spent a whopping sum $26.5 billion on maintenance of refineries without a single drop of oil?

(2) Did Buhari’s Petroleum Minister experience during the Obasanjo military rule and his present Petroleum Minister status went without managerial capabilities?

(3) Who will account for these monumental wastages to Nigerians?

(4) What will APC boast to have achieved in its 8 years of governance of a Nigeria with 200 million suffering people?

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News

Tinubu Secures Fresh $238m Loan from Japan

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President Bola Ahmed Tinubu

Nigeria has secured a $238 million loan from the Japan International Cooperation Agency (JICA) to support the expansion and modernization of the national power grid.

The deal, confirmed during engagements at the ninth Tokyo International Conference on African Development (TICAD9) in Yokohama, Japan, reflects a strategic shift towards implementation-driven energy development.

President Bola Tinubu highlighted that Nigeria’s participation at TICAD9 focused on concrete, outcome-oriented partnerships rather than ceremonial diplomacy.

“We are moving from planning to implementation, from agreements to delivery, and from promises to measurable results,” he said.

Details of the JICA Loan Project

The $238 million loan, supported by a Federal Executive Council counterpart funding of ₦19,083,192,805.30, will finance significant upgrades to Nigeria’s transmission infrastructure.

Key components of the project include:

Construction of 102.95 km of new 330kV double-circuit lines

Construction of 104.59 km of 132kV double-circuit lines

Development of four 330/132/33kV substations and two 132/33kV substations

Multiple line bay extensions to improve efficiency and reduce system losses

According to Minister of Power, Chief Adebayo Adelabu, the partnership with Japanese companies such as Toshiba, Hitachi, and Japan’s Transmission & Distribution Corporation is essential for unlocking Nigeria’s energy potential.

“Our focus is on transmission infrastructure, operational efficiency, and strategies to reduce system losses.

This $238 million loan from JICA provides the backbone for that transformation,” Adelabu explained.

Adelabu acknowledged Japan’s consistent support for Nigeria’s power sector, highlighting contributions in infrastructure, technical studies, training, and financing.

He emphasized that JICA’s backing is critical to expanding access to reliable, affordable, and sustainable electricity across the country.

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The project aims to strengthen Nigeria’s power transmission network, improve system reliability, and enhance overall efficiency, ultimately supporting industrial growth and meeting rising electricity demand nationwide.

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News

‘Gate of Hell’ Will Open on Gaza’– Israeli Defence Issues Finally Warning to Hamas

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Hamas militants kill Israeli male hostage, injured two female hostages in Gaza

Israeli Defence Minister Israel Katz has issued a fierce warning to Hamas, declaring that Gaza City will face complete destruction if the militant group refuses to accept Israel’s conditions for ending the war.

Katz, in a statement shared on social media on Friday, August 22, 2025, used sharp words to describe Israel’s next steps.

He said the “gates of hell” would open on Hamas if it failed to disarm and release all hostages.

“Soon, the gates of hell will open upon the heads of Hamas’s murderers and rapists in Gaza until they agree to Israel’s conditions,” Katz wrote.

He added that if Hamas refused, Gaza City would suffer the same fate as Rafah and Beit Hanoun, two cities previously flattened by Israeli offensives.

His comments mark one of Israel’s strongest warnings since the escalation of the conflict.

The minister’s remarks came only hours after Prime Minister Benjamin Netanyahu announced that negotiations had been ordered to free the hostages held in Gaza.

Netanyahu explained in a video address that Israel’s military operation in Gaza City would not stop during talks. “Defeating Hamas and releasing our hostages go hand in hand,” he said.

The prime minister also confirmed the mobilisation of 60,000 reservists to join the offensive.

Meanwhile, mediators have been waiting for Israel’s response to a ceasefire plan that Hamas accepted earlier in the week.

The proposal suggests a phased release of hostages, but Israel insists that only a deal ensuring the release of all captives at once will be accepted.

Israel’s hardened stance has sparked growing concern worldwide.

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International leaders have cautioned that an expanded assault on Gaza City could worsen the humanitarian disaster already unfolding in the region.

Gaza’s health ministry says more than 62,000 Palestinians, most of them civilians, have been killed since Israel’s military campaign began.

The United Nations considers these figures credible.

The war was triggered by Hamas’s October 2023 attack, which left 1,219 people dead in Israel, mostly civilians.

Since then, the conflict has intensified, with both sides showing little sign of compromise.

With Katz’s threat to turn Gaza City into rubble if demands are not met, the conflict appears to be entering an even deadlier stage.

The international community continues to press for a ceasefire, but Israel’s leadership insists that victory over Hamas and the release of all hostages remain its top priorities.

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Health

NAFDAC Raises Alarm as Fake Cowbell Milk Floods Nigerian Markets

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The National Agency for Food and Drug Administration and Control (NAFDAC) has raised alarm over the circulation of fake Cowbell “Our Milk” 12g sachets in Nigeria.

In a statement issued on Friday, August 22, 2025, the agency explained that the counterfeit milk is packaged to look like the discontinued Cowbell “Our Milk,” but it is unauthorised and unsafe for consumption.

Fake cowbell milk.

NAFDAC clarified that Promasidor Nigeria Ltd, the authentic manufacturer, stopped producing Cowbell “Our Milk” in September 2023.

The product was replaced with Cowbell “Our Creamy Goodness.” Despite this, fake versions of the old product have found their way into Nigerian markets.

Picture of Fake cowbell milk.

Picture of Fake cowbell milk.

The counterfeit sachets bear the brand name, NAFDAC registration number, and familiar packaging design, making them difficult for unsuspecting buyers to identify as fake.

Health Dangers of Fake Cowbell Milk

NAFDAC warned that the consumption of these counterfeit products poses serious health risks.

Fake milk could contain toxic chemicals, harmful additives, or diluted ingredients that endanger human health.

Infants, children, pregnant women, and the elderly are the most vulnerable. Possible dangers include:

  • Foodborne illnesses
  • Allergic reactions
  • Organ damage
  • Long-term health complications
  • In extreme cases, death

Counterfeit Product Details

  1. Product Name: Cowbell “Our Milk” 12g sachet
  2. Purported Manufacturer: Promasidor Nigeria Ltd
  3. Production Date: 04/2025
  4. Expiry Date: 12/2028

Picture of original cowbell milk.

NAFDAC Issues Strong Warning

The agency urged Nigerians to remain vigilant and avoid purchasing the counterfeit milk.

Healthcare professionals, distributors, and consumers have been advised to report suspicious sales of substandard or fake products immediately.

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Reports can be made through:

The nearest NAFDAC office

Toll-free line: 0800-162-3322

Email: sf.alert@nafdac.gov.ng

NAFDAC also called on traders and retailers to stop selling the fake sachets.

The agency assured the public that strict enforcement measures are being taken to remove the counterfeit products from circulation.

This is not the first time Nigerians have faced risks from fake food and beverages.

Experts warn that counterfeit consumables are becoming more sophisticated, often making them difficult to spot.

Consumers are advised to always check product details, expiry dates, and packaging changes announced by manufacturers.

By highlighting the dangers and raising awareness, NAFDAC says it hopes to protect Nigerians from avoidable health crises linked to fake milk products

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Africa

‘Misplaced Priority’: Peter Obi Blasts FG’s ₦142bn Bus Terminal Project

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Former Labour Party presidential candidate Peter Obi has slammed the Federal Government’s approval of ₦142 billion for the construction of bus terminals across Nigeria, describing it as a reckless misplacement of priorities.

Obi issued a statement on Friday, August 22, via his Official X formerly Twitter platform, warning that the project reflects poor leadership and lack of focus in managing Nigeria’s limited resources. He titled his statement, “₦142 Billion for Bus Terminals.”

According to him, the true test of leadership is how scarce resources are prioritized.

He stressed that investing such a huge amount in bus terminals while critical sectors like healthcare suffer shows a government that is out of touch with citizens’ realities.

Obi said: “The difference between success and failure in any nation is how leaders prioritise resources.

The decision to spend ₦142 billion on six bus terminals exposes a lack of competence and vision. It is a clear sign of poor leadership.”

The Federal Executive Council had recently approved the funds for the construction of one modern bus terminal in each of the six geopolitical zones.

The government described it as part of efforts to modernise transport infrastructure and improve mobility nationwide.

But Obi strongly disagreed. He compared the allocation to healthcare funding, pointing out that the combined budget for all teaching hospitals and federal psychiatric centres in Nigeria is less than ₦100 billion in the 2024 budget.

“This is disturbing,” Obi continued, “because health remains one of the most critical sectors of development. Yet it is underfunded and deteriorating rapidly.

The World Health Organization has reported that over 20 million Nigerians live with mental health conditions.

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This is a tragic irony. How can the government ignore this crisis and focus on bus terminals?”

He argued that the health sector, alongside education and poverty reduction programs, deserves priority attention.

Obi insisted that until government spending reflects the real needs of Nigerians, the country will remain trapped in poor governance.

Many Nigerians have also taken to social media to express anger, echoing Obi’s concerns. Critics argue that the decision proves the Federal Government is disconnected from the economic struggles of ordinary citizens.

For Obi, the ₦142 billion project is not just a case of wrong timing.

He sees it as a clear example of governance failure and misplaced priorities.

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Why I’ll never encourage my son to visit Nigeria — Taribo West

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Taribo West

Former Super Eagles defender, Taribo West, has strongly criticized the treatment of Nigerian football legends, vowing never to encourage his son to set foot in Nigeria due to the neglect shown to the country’s sports heroes after their deaths.

Speaking passionately during the burial ceremony of late goalkeeper Peter Rufai, in a video shared by News Central on Friday, the former Inter Milan star expressed his deep disappointment with the Nigeria Football Federation (NFF) and the Lagos State Government for allegedly abandoning Rufai’s family during their time of need.

“It’s disheartening that you have Lagos State, you have the Nigerian Football Association, and yet they drop the entire burden on the family,”West lamented.

He revealed how deeply Rufai’s passing affected him, saying: “My mother passed on, I never shed tears. My father passed on in my hands, I never shed tears. But when Rufai passed on, I had goose pimples all over my body. Tears were rolling down my cheeks. What kind of nation is this?”

West didn’t hold back in recalling similar neglect faced by other late football icons like Stephen Keshi, Rashidi Yekini, and Thompson Oliha.

He condemned the consistent abandonment of ex-players who had sacrificed so much for the country, stating that such treatment discourages him from allowing his children to represent Nigeria in football.

“With this kind of example, I will never advise even my son to put his feet for this country. Send me out! Do we have a Football Federation or a Football Association in this Lagos State? That this hero, this soldier, this football evangelist, has to be treated this way in his family”, he said.

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The former defender also highlighted the financial struggles faced by Rufai’s family, revealing that they had to solicit funds from friends and well-wishers just to cover burial costs.

“Could you imagine that the family would be crying just to solicit within our groups to ask for money? That is madness”, he exclaimed, visibly frustrated.

Peter Rufai, fondly known as “Dodo Mayana,”was Nigeria’s first-choice goalkeeper during the nation’s victorious 1994 Africa Cup of Nations campaign and its debut at the FIFA World Cup the same year.

He passed away in July 2025, leaving behind a legacy that has reignited conversations about the lack of support and respect for retired athletes in Nigeria.

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