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NNPCL told to account for $20bn spent on Nigeria’s refineries

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Nigerian Coalition of Civil Society Organisations (NICOCSO) has called on Nigerian National Petroleum Company Limited (NNPCL) to render account of the 20 billion US dollar allegedly spent for the repair of refineries since 2007.

The News Agency of Nigeria (NAN) reports that the call came amidst threat by the coalition to embark on nationwide protests over the moribund state of the nation’s refineries and continued importation of refined petroleum products.

National Spokesperson for NICOCSO, Mr Segun Adebayo, while addressing newsmen in Abuja on Tuesday, stressed the need for accountability, transparency and policies that prioritised local industries.

He said that the call had become necessary following the decision of NNPCL to import more than 1.6 billion litres of Premium Motor Spirit (PMS).

According to him, the decision is not just a policy misstep but a deliberate move to undermine Nigeria’s local refining potential, cripple the economy and deepen the hardship faced by ordinary Nigerians.

Adebayo said that a comprehensive account must be provided, as Nigerians deserved to know why refineries had remained dormant in spite of the enormous expenditures.

He also said that NNPCL must inform Nigerians on the date for the commencement of operations at the three major refineries in the country.

“Nigerians are the true owners of these refineries; they deserve transparency on the management of the facilities.

“With the policy to encourage competition and local growth, NNPCL must step up action in support of the operationalisation of local refineries.

“We urge President Bola Tinubu to halt the importation of 1.6 billion litres of PMS and investigate the procurement process so as to ensure transparency.

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“NNPCL’s decision to import PMS on this scale undermines our national interest, weakens our economy and delays the journey toward energy independence, and such decisions could undermine our future, if unchecked,’’ Adebayo said.

He expressed the coalition’s commitment to ensuring that public resources were used for the interest of the people.

“We call on all Nigerians to join us in holding the NNPCL and its leadership accountable, for a better future of our nation,” he said.

According to Adebayo, the importation of such an enormous volume of PMS places undue pressure on Nigeria’s foreign exchange reserves.

“With the Naira already struggling against major currencies, this decision will exacerbate the depreciation of our currency,” he said.

He expressed the regret that for decades, billions of dollars had been spent on the repairs of refineries and yet, the facilities were not functioning.

“None of Nigeria’s three major refineries are operational today; instead of supporting local refining, the NNPCL perpetuates a cycle of dependency on imports, stifling local initiatives and sabotaging job creation,” Adebayo stated. (NAN)

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Wike summons Julius Berger, AIC, FCDA, over contract discrepancy

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Minister of the Federal Capital Territory (FCT), Mr Nyesom Wike, has expressed displeasure over contract discrepancy in the execution of the rehabilitation of the Abuja International Conference Centre (AICC).

The News Agency of Nigeria (NAN) recalls that the contract for the total rehabilitation of the AICC was awarded to Julius Berger in April 2024.

Wike, while inspecting the project in Abuja on Wednesday, however expressed surprise that the supply of furniture for the conference hall had been given to another company.

The minister, thereafter, summoned the heads of Julius Berger, Abuja Investment Company Ltd (AICL), and the Federal Capital Development Authority (FCDA) to explain what happened.

Wike, who commended Julius Berger for the quality of job so far, however, queried how the contract for the furnishing of the conference hall was taken away from it.

“The work was going as expected, the only problem we identified this afternoon has to do with the furniture that will be in the conference hall.

“I was surprised to hear that there is a different contractor for that which is unacceptable to us. The job was given to Julius Berger entirely. I cannot have different qualities.

“That is why I summoned the officials to come and tell us who did that, and on whose approval; because I approved the contract, I know the amount of money involved.

“So, when they say Abuja investment is the one, who is going to pay for it?

“I am not going to accept that, and of course, you know, if anything shoddy went on, you will hear that I have applied the big stick. Nobody will be a sacred cow,” he said.

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Wike stressed that he would not have two different contractors furnishing the same edifice.

This, he said, could affect the quality of the delivery.

“We cannot say that the gallery was furnished by Julius Berger and the conference hall furnished by another company. It is unacceptable to me.

“Nobody should do something that he knows is not in tandem with what we have agreed,” Wike said.

The minister also inspected the ongoing construction of Interchange at NICON Junction and the construction of Shehu Shagari Way (N16) to connect with Wole Soyinka Way.

He expressed satisfaction with the pace and quality of the project, stressing that the project would be ready for inauguration in May.

Wike assured the people living in the area that the FCTA would continue to do all it can to make sure that the projects were completed on schedule.(NAN)

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Matawalle Receives Bosnian Prime Minister , Strengthens Defence Ties

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In a diplomatic engagement aimed at bolstering international cooperation, the Honourable Minister of State for Defence, Dr. Bello Muhammad Matawalle, MON, welcomed a high-level delegation from Bosnia and Herzegovina on Tuesday.

The delegation, led by the Prime Minister of the Goražde Region, Mr. Edin Ćulov, was received at the Ministry of Defence headquarters in Abuja.

The visit, as confirmed by Matawalle’s media aide Ahmad Dan-Wudil, marks a significant step in Nigeria’s ongoing efforts to deepen bilateral ties with global partners who share its commitment to security and sustainable development.

Representatives from Rain Integrated Nigeria Ltd, headed by Alhaji Alhassan, were also present at the meeting, underscoring the involvement of private sector stakeholders in driving international cooperation.

During the engagement, Dr. Matawalle conveyed the unwavering support of President Bola Ahmed Tinubu’s administration for international partnerships that enhance Nigeria’s defence infrastructure and contribute to peace and stability on a regional and global scale.

“Nigeria remains open to strategic collaborations that fortify our national security and promote lasting peace,” the Minister stated, highlighting the government’s intent to foster meaningful alliances with like-minded nations.

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Nigeria Commits to Homegrown Military Solutions, Says Matawalle

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The honorable Minister of State for Defence, Dr Bello Muhammad Matawalle, has reaffirmed the government’s commitment to advancing local defence production and military innovation through strategic partnerships with the private sector.

Speaking during a meeting with the leadership of Homeland Protectors and Supplies Ltd, led by Chairman Muhammad Ali bin Aadi, at the Ministry of Defence in Abuja, Matawalle outlined plans for a long-term joint venture between the company and the Defence Industries Corporation of Nigeria (DICON).

The discussions, held at Ship House, focused on capacity-building training and the deployment of advanced technological solutions to strengthen Nigeria’s defence and security framework.

In a statement issued by his Personal Assistant on Media, Ahmad Dan-Wudil, Matawalle emphasised that such collaborations align with the newly enacted DICON Act, signed into law by President Bola Ahmed Tinubu.

The legislation mandates that all military procurement be channelled through DICON, cementing its pivotal role in Nigeria’s defence industrial ecosystem.

“The Federal Government is dedicated to enhancing indigenous capabilities in defence production,” Matawalle said, underscoring the importance of private sector involvement in achieving these goals.

The partnership is expected to bolster Nigeria’s ability to address security challenges through homegrown solutions, reducing reliance on foreign military imports.

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