News
SERAP Seeks Reversal Of Petrol Price To N600 Per Litre

The Socio-Economic Rights and Accountability Project (SERAP) has filed a lawsuit against President Bola Tinubu, requesting a reduction in the petrol price from N845 per litre to N600 per litre.
The organisation, in a suit numbered FHC/ABJ/CS/1361/2024, filed last Friday by SERAP’s lawyer, Ebun-Olu Adegboruwa, at the Federal High Court in Abuja, is challenging the president over “the failure to direct the Nigerian National Petroleum Company Limited to reverse the apparently unlawful increase in the pump price of petrol.”
The lawsuit also addresses the “failure” to investigate allegations of corruption and mismanagement within the national oil firm.
The statement, made available to newsmen, yesterday, lists the Attorney-General of the Federation and Minister of Justice, Lateef Fagbemi, and the NNPCL as respondents.
SERAP urged the court “to compel President Tinubu to direct the NNPCL to reverse the unjust, illegal, unconstitutional, and unreasonable increase in the price of petrol from N845 per litre to N600 per litre,” and urges him to “direct” the AGF and relevant anti-corruption agencies to investigate the allegations of corruption and mismanagement within the NNPC.
The organisation also called for the prosecution of “anyone suspected to be responsible for the alleged corruption and mismanagement in the NNPCL, provided there is sufficient admissible evidence, and to recover any proceeds of corruption,” noting that the increase in petrol prices is causing “immense hardship” among Nigerians.
Oil marketers have continued to criticise the NNPCL’s firm grip on the market, requesting direct access to petrol from the Dangote refinery.
The Federal Government, through the Minister of Finance and the Coordinating Minister of the Economy, Wale Edun, announced last Friday in Abuja that the NNPCL would be the sole buyer of petrol from the refinery.
This followed the national oil firm’s statement that it was not the exclusive off-taker of products from the Dangote refinery and that the refinery was free to sell its petrol to any marketer.
However, SERAP’s statement noted that “the increase in petrol prices constitutes a fundamental breach of constitutional guarantees and the country’s international human rights obligations.
“Corruption in the oil sector and the lack of transparency and accountability in the use of public funds to support NNPC operations have led to persistent and unlawful hikes in petrol prices.
“Increasing petrol prices at a time when millions of Nigerians face worsening economic conditions is entirely inconsistent with constitutional and international obligations to ensure minimum living conditions compatible with human dignity”, it stated.
SERAP noted that the NNPCL “recently increased the price of premium motor spirit (PMS), also known as petrol, across its retail outlets. The price rose to N855 per litre, from about N600, with some instances exceeding N900 per litre.
“The apparent unlawful increase in petrol prices followed a scarcity caused by suppliers’ reported refusal to import petroleum products for the NNPCL over a $6 billion debt.
“The NNPC allegedly failed to remit USD 2.04 billion and N164 billion of oil revenues into the public treasury, as documented in the recently published 2020 annual report by the Auditor-General of the Federation,” among other issues.
No date has been fixed for the hearing of the suit.
Meanwhile, the NNPC announced on Saturday that it had mobilised 300 trucks to lift petrol from the Dangote refinery.
In a post on his official X handle, showing trucks lining up at the refinery, the spokesperson for the corporation, Olufemi Soneye, said, “NNPC Ltd trucks are arriving at the Dangote refinery in preparation for the scheduled petrol loading on Sunday, September 15, 2024. By the end of today (Saturday), at least 300 trucks will be stationed at the refinery’s fuel loading gantry.”
The Tide reports that a fleet of trucks was seen lifting the Premium Motor Spirit otherwise known as petrol at the Dangote Refinery, located in the Ibeju-Lekki area of Lagos State, yesterday.
News
Tinubu Appoints Four Nominees Into NCDMB Governing Council

President Bola Tinubu has approved the nomination of four new members to the Governing Council of the Nigerian Content Development and Monitoring Board (NCDMB).
The Special Adviser to the President on Information and Strategy, Bayo Onanuga, in a statement yesterday, said the appointment is to fill existing vacancies and strengthen the board’s capacity.
The statement said the approved nominees are Mr. Olusegun Omosehin of the National Insurance Commission and Engr. Wole Ogunsanya of the Petroleum Technology Association of Nigeria.
Tinubu also endorsed the nomination of Sam Onyechi, who represents the Nigerian Content Consultative Forum and Barrister Owei Oyanbo from the Ministry of Petroleum Resources.
The President encouraged the new members to leverage their expertise and dedication to enhance local content development within Nigeria’s oil and gas industry.
It added, “The nominations arose from the exit of previous institutional representatives from the Governing Council.
“The NCDMB Governing Council, established under Section 69 of the Nigerian Oil and Gas Industry Content Development Act, 2010, comprises representatives from key institutions.
“These include the Ministry of Petroleum Resources, the Nigerian Upstream Petroleum Regulatory Commission, the Nigerian National Petroleum Company Limited, the Petroleum Technology Association of Nigeria, the Council for the Regulation of Engineering in Nigeria, the Nigerian Content Consultative Forum, and the National Insurance Commission.”
News
NDDC To Construct Hostels, Roads In UNIPORT – Ogbuku

The Niger Delta Development Commission (NDDC) has announced plans to construct additional hostels, rehabilitate roads, and enhance power supply in the University of Port Harcourt (UNIPORT).
NDDC’s Managing Director, Dr Samuel Ogbuku, disclosed this during a visit to the commission’s headquarters in Port Harcourt, yesterday by a delegation from the UNIPORT’s Governing Council.
Ogbuku stated that the NDDC had committed to upgrading facilities at UNIPORT as part of efforts to foster partnership with educational institutions across the Niger Delta.
According to him, the implementation of additional projects at the university forms part of a broader strategy to improve education standards in the region.
“Aside from the construction of new hostel blocks and installation of a 300 KVA solar inverter system, the NDDC will also facilitate more projects in the university.
“The commission will also deploy its engineers to assess the condition of UNIPORT’s roads and hostels for potential rehabilitation,” he said.
Ogbuku noted that upon completion, the projects would add to various initiatives previously undertaken by the commission at the university.
“These and other projects reflect our commitment to actualising President Bola Tinubu’s Renewed Hope Agenda in the Niger Delta region,” he added.
He reaffirmed the NDDC’s dedication to fostering development and strengthening partnerships across the region.
Earlier, Sen. Mao Ohuanbunwa, Chairman of UNIPORT’s Governing Council, who led the delegation commended the current leadership of the NDDC for its achievements in accelerating development in the Niger Delta.
He highlighted the university’s infrastructural challenges, noting that it lacked adequate facilities to accommodate its growing student population, and appealed for the NDDC’s support in addressing the shortfall.
“Currently, UNIPORT has a total student population of about 50,000, while its hostel accommodation capacity can only cater for 5,000 students.
“We therefore urge the NDDC to assist in the construction of additional hostels, improve transportation facilities, and facilitate the acquisition of gas turbines to enhance power supply for our students,” Ohuanbunwa pleaded.
The Vice Chancellor of UNIPORT, Prof. Owunari Georgewill, commended NDDC for its impactful projects across the Niger Delta and extended an invitation to the commission to participate in the institution’s forthcoming 50th anniversary celebrations.
News
Senate Rejects Motion To Rename INEC Headquarters After Humphrey Nwosu

The Senate has rejected a motion to rename the Independent National Electoral Commission (INEC) headquarters after the former chairman of the defunct National Electoral Commission, late Prof Humphrey Nwosu.
Nwosu presided over the June 12, 1993, presidential election, which was truncated by the former military President, General Ibrahim Babangida (rtd).
The election which was won by the late business mogul, Chief MKO Abiola, was adjudged to be the freest and fairest in the electoral history of Nigeria.
The motion to rename INEC after Nwosu was re-sponsored by Senator Enyinnaya Abaribe yesterday after lawmakers threw it out last Wednesday.
Abaribe called for posthumous national honours to be conferred on Nwosu in recognition of his role in Nigeria’s democratic evolution.
However, the proposal sparked a heated debate once again, with lawmakers deeply divided over Nwosu’s legacy.
Senator Osita Ngwu acknowledged that Nwosu operated under a military regime, which restricted his ability to announce the results.
He argued that “there was no way he would have announced the results with a gun to his head. That doesn’t change the fact that some of us see him as a hero.”
Senator Austin Akobundu, however, described it as most uncharitable for lawmakers to dismiss Nwosu’s contributions, insisting that he deserved a place in Nigeria’s hall of honour.
On the other hand, several senators like Senator Jimoh Ibrahim dismissed the idea outright, questioning why the Senate should honour someone who failed to announce the results insisting that “nothing should be named after him”.
Senator Cyril Fasuyi argued that history does not reward efforts, but only results.
“As long as he did not announce the result, whether under duress or not, I am against naming INEC headquarters after him,” he submitted.
Also, Senator Sunday Karimi criticised Nwosu for lacking the courage to speak out, while Senator Afolabi Salisu warned that immortalising him would undermine the memory of MKO Abiola, the widely accepted winner of the June 12, 1993, annulled election.
“Any attempt to do anything beyond a one-minute silence is to rubbish Abiola’s legacy,” he tendered.
After intense deliberation, most senators rejected the motion through a voice vote.
They, however, agreed to honour him with a one-minute silence and extend condolences to his family, effectively dismissing the other prayers to immortalise Nwosu.
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