News
Economic Sabotage: Senate Invites NNPC, CBN, NIMASA, Dangote, Others for Questioning
Published
2 years agoon
By
News Editor
*Investigates Billions Spent On Maintenance Of Nation’s Refineries
*Beams Searchlight On NMDPRA Over Payment To Transporters
*Reveals Plan To Visit 22 Depots, Refineries Nationwide
The Senate has revealed its plan to invite the Central Bank of Nigeria, Nigeria Port Authority, Nigerian National Petroleum Company Limited, Dangote Group and Hon. Minister of State for Petroleum, Heineken Lokpobiri, among others, for questioning over alleged economic sabotage in the country’s petroleum industry.
The upper chamber, further, disclosed that it would investigate billions of dollars that had been spent on turnaround maintenance of the state-owned refineries in the last decade with a view to addressing deep-rooted challenges facing the industry.
The Leader of the Senate and Chairman, Senate Ad-hoc Committee on Alleged Economic Sabotage in the Nigerian Petroleum Industry reeled out the plans at a news conference he addressed yesterday alongside other members of the ad-hoc committee at the Public Accounts Hearing Room 4, National Assembly Complex, Abuja yesterday.
The news conference was organised to educate the public on the mandates, workings, and of course the modalities adopted by the ad-hoc committee, which the Senate constituted on July 3 to investigate allegations of economic sabotage in the country’s petroleum industry.
After its inauguration last Monday, President of the Senate, Senator Godswill Akpabio charged the 15-man ad-hoc committee to conduct a comprehensive investigation into the allegations within three weeks.
Speaking at the conference on Thursday, Bamidele pledged to carry out holistic investigation into the allegations of economic sabotage in Nigeria’s petroleum industry.
The chairman of the ad-hoc committee also assured Nigerians that the ad-hoc committee would carry out thorough investigation into diverse reasons the state-owned refineries have not been operational for years despite budget earmarked for turnaround maintenance.
Specifically, Bamidele noted that the contractors handling the turnaround Maintenance for the refineries would be invited to let the committee on the situation of things.
Bamidele added that the investigation would not be an armchair investigation, pointing out that members of the ad-hoc committee had already set machinery in motion to visit Lagos, Port Harcourt and Warri to have engage key actors in the petroleum industry.
He said: “It is pertinent to note that in the course of interactions with the identified stakeholders, the ad-hoc committee will visit any of their facilities that it deems necessary, especially the state-owned refineries, to ascertain their status, considering the funds already invested in the various turn around maintenances year without any meaningful result.
“The ad-hoc committee is particularly interested in understanding why local refineries are not working despite the substantial amounts of money spent annually on their maintenance and operations. We will closely examine what the Nigerian National Petroleum Corporation Limited has been doing to address this persistent problem.”
He further revealed that the ad-hoc committee had identified some critical stakeholders to interact with in the course of discharging this noble assignment
The stakeholders, according to him, Federal Ministry of Finance, Federal Ministry of Trade and Investment, Nigerian Midstream and Downstream Petroleum Regulatory Authority, Nigerian Upstream Petroleum Regulatory Commission, Standards Organisation of Nigeria, Nigerian Maritime Administration and Safety Agency, Nigeria Customs Service, Nigerian Navy, Obat Oil and Petroleum Limited, Matrix Energy Depot
Independent Petroleum Marketers Association of Nigeria,
International Oil Companies (IOCs), Depot and Petroleum Products Marketers Association of Nigeria, Major Oil Marketers Association of Nigeria,
Capital Oil and Modular Refineries.
Bamidele added that the ad-hoc committee “will meet with stakeholders in their various zones to gather localised insights and feedback. To ensure broad participation and transparency, the ad-hoc committee will create a platform for the general public and stakeholders to submit memoranda before the public hearings.”
He categorically stated that part of mandate of the committee meant “to uncover parties involved in the importation of adulterated fuel and diesel into the country.
“Our investigation seeks to identify and hold accountable all parties involved in the importation and distribution of the adulterated petroleum products. This includes suppliers, importers, regulatory bodies, and any other entities that may have contributed to this serious lapse in quality control.
“We will conduct a thorough review of current regulatory frameworks and procedures to identify deficiencies and recommend necessary reforms to prevent such occurrences in the future. The Committee is committed to ensuring the highest standards of fuel quality for the Nigerian market.”
Bamidele noted that the ad-hoc committee would beam legislative searchlight on the activities of the Nigerian Midstream and Downstream Petroleum Regulatory Authority including payments made to transporters in the last 10 years.
He noted that the ad-hoc committee would enquire from the NNPCL the state and status of the 22 depots built by the defunct NNPC to eliminate road distribution of petroleum products.
He, therefore, appealed to various stakeholders “to cooperate with the committee so that there can be lasting solution to problems in the oil sector. Our mandate is of strategic national interests.
“Each member of the committee is carefully selected based on his/her records of sterling performance. We are all men of integrity who will never pursue selfish interests at the expense of the national interests.
“The Senate did not constitute this committee to intimidate and witch-hunt any party. Rather, the committee was constituted for the purpose of ensuring social and economic justice in the light of grim realities we are facing as a federation.
“We are also taking this task seriously with a view to addressing fundamental issues that pose grave threats to our economic prosperity, fiscal stability and public health as a federation.
“In line with our mandate, we will definitely unravel the roots of economic sabotage in Nigeria’s petroleum industry and make necessary recommendations that will entrench global best practices in the industry and open it up for more investments, especially in the midstream and downstream sectors.
“We are utterly committed to this mandate. We shall also carry out this national assignment without fear or favour. We shall be fair and just to all parties with a view to promoting and protecting the strategic national interests of our fatherland.”
Other members of the ad-hoc committee, who attended the news conference, include Senator Adams Oshiomhole (Edo North), Senator Abdul Ningi (Bauchi Central), Senator Osita Izunazo (Imo West), Senator Ifeanyi Uba (Anambra South), Senator Diket Plang (Plateau Central), Senator Tahir Monguno (Borno North) and Senator Abdullah Yahaha (Kebbi North),
You may like
-
Senate Gives NNPCL, CBN, Others 72-Hour Deadline Over Audit Queries
-
Senate Clarifies FRSC Amendment Bill, Says Ban on Preaching in Commercial Vehicles Is Not a New Provision
-
Senate Confirms Abayomi Fasina as Non-Career Ambassador Despite Heated Debate Over Sexual Misconduct Allegations
-
Go After Other Bandits, Terrorists Nationwide, Senate Tells FG
-
Oyo Pupils Rescue: Senate Cautions Makinde Over UN Appeal, Commends Tinubu, Security Forces
-
Senate Approves ₦403.1bn Police Trust Fund Budgets for 2025, 2026 as Tinubu Seeks Criminal Justice Reform
News
Benin-Asaba Road to Be Redesigned on Concrete Pavement
Published
7 hours agoon
September 24, 2026
The Minister of Works, Dave Umahi, has said the 136-kilometre Benin-Asaba Road will be redesigned with reinforced concrete pavement following a directive from President Bola Tinubu.
Umahi made this known on Thursday in Benin City during the ‘Operation Rescue Benin-Asaba Road’ event.
He also clarified that the Federal Government had not awarded any company a contract for the emergency rehabilitation of the road.
According to the minister, the government is currently carrying out temporary intervention works to improve the condition of the road while arrangements for its long-term reconstruction are being developed.
Umahi said the Federal Government had presented three options to the concessionaire for the continuation of the agreement, but none was accepted.
He said the development had led to a new approach, with President Tinubu directing the redesign of the entire 136-kilometre dual carriageway with reinforced concrete pavement.
The minister said the project had been defined and that immediate intervention would begin on the Benin Bypass.
Umahi further explained that the emergency rehabilitation was not awarded to Hitech or any other contractor.
He said the Ministry of Works had instead hired equipment from contractors operating along the road corridor, including Hitech, CECC and CBC, to carry out the temporary repairs.
According to him, the ministry is still sourcing additional equipment and plans to undertake intensive intervention works to improve the road within the next four weeks.
The minister said the temporary intervention is intended to make the road safer and more accessible while the Federal Government works on the permanent reconstruction of the route.l
News
MY SECOND-TERM PROJECTS’LL BOOST COMMERCE, PRODUCTIVITY — OYEBANJI
Published
2 days agoon
September 23, 2026By
News Editor
…Says Ekiti’ll take Tinubu’s re-election seriously
…As monarchs, youths pledge more support for governor
Ekiti State Governor, Mr Biodun Oyebanji, says projects to be executed during his second term will be strategically targeted at boosting commerce, enhancing productivity and stimulating sustainable business growth across the state.
The Governor also says Ekiti State will take the re-election bid of President Bola Ahmed Tinubu in the 2027 presidential election seriously, promising increased mobilisation to improve the President’s votes in the state.
Oyebanji spoke on Wednesday at a Town Hall Meeting with stakeholders from Ekiti North Senatorial District as part of consultations ahead of the 2027 Budget, held in Ifaki-Ekiti.
At the meeting, traditional rulers, community leaders, youths and other stakeholders pledged stronger support for the Governor’s second-term administration, which begins on October 16, 2026, to enable him to deliver on his shared prosperity agenda.
Oyebanji said his administration would sustain its consultative approach to governance in the second term, with greater emphasis on public participation and inclusive development.
He said government investments would be channelled strategically into critical sectors, including healthcare, electricity, roads and water supply, to improve living standards and enhance economic productivity.
The Governor said: “In our second term, whatever we are going to do must add value, because resources are limited. There must be value addition. We must catalyse productivity and ensure our people are productive.
“It is only when there is value that artisans like welders and auto mechanics can thrive and become prosperous.”
On electricity, Oyebanji said his administration had expanded access to power in some communities, but noted that existing legal provisions limiting states largely to electricity generation had affected efforts to fully address distribution challenges.
He reaffirmed his commitment to participatory governance, saying inputs from communities would continue to guide government’s decisions on project prioritisation.
“Governance is about the people. We are what we are today because of you. You gave us your mandate, and we must continue to seek your counsel in delivering good governance,” he said.
The Governor also commended traditional rulers for their support, particularly in intelligence gathering, which he said had contributed to improved security across the state.
He, however, urged residents to remain vigilant and continue to support security agencies with useful information.
On the 2027 presidential election, Oyebanji called on Ekiti voters to reciprocate what he described as President Tinubu’s support for the state by increasing the votes delivered to the President.
He cited federal appointments and infrastructure projects benefiting the state as evidence of the Federal Government’s attention to Ekiti.
“We must show appreciation. It will not be enough to repeat previous figures. We must do more in the next election,” he said.
On infrastructure, the Governor disclosed that collaboration with the Federal Government had facilitated the award of major road projects, including the Ado-Ijan-Ilumoba-Ikole and Ado-Aramoko-Ita-Ore roads.
He added that other critical roads across the state would be addressed subsequently.
Providing sectoral updates, the Commissioner for Health, Dr Oyebanji Filani, said more than 300 nurses and 1,500 health assistants had been recruited over the past four years.
He said the government had also upgraded several primary and secondary healthcare facilities, while three new general hospitals had been approved for Ipao, Ikogosi and Awo-Ekiti.
Also speaking, the Commissioner for Infrastructure and Public Utilities, Professor Bolaji Aluko, disclosed that more than 500 boreholes had been constructed across the state, while an additional 110 had been proposed to ensure equitable distribution of water.
In their remarks, traditional rulers and community representatives from Ekiti North Senatorial District commended the Governor for his development efforts and highlighted priority areas for consideration in the 2027 Budget.
Their requests included improved roads, electricity, water supply, healthcare and security.
Speaking on behalf of Ikole Local Government, the Alaaye of Oke Ayedun, Oba Femi Aribisala, appealed to the government to urgently intervene in the areas of roads, water and electricity.
He said poor road access and inadequate electricity supply were hindering economic activities and development in the area.
Representatives of Moba Local Government and the Obaleo of Erinmope, Oba Sunday Aniyi; Ido/Osi Local Government and the Olojudo of Ido-Ekiti, Oba Ayorinde Ilori-Faboro; as well as Oye Local Government and the Onisan of Isan-Ekiti, Oba Gabriel Adejuwon, also called for increased attention to roads, electricity, security and water supply in the 2027 Budget.
Dignitaries at the event included the Deputy Governor, Chief (Mrs) Monisade Afuye; Secretary to the State Government, Professor Habibat Adubiaro; Chief of Staff, Mr Oyeniyi Adebayo; Head of Service, Dr Folakemi Olomojobi; members of the State Executive Council; local government chairmen; traditional rulers; political leaders; and representatives of various community groups.
News
FG Suspends 20 NSCDC Officers Over Deaths Of 37 Suspected Illegal Miners
Published
6 days agoon
September 19, 2026By
News Editor
The Federal Government has suspended 20 officers of the Nigeria Security and Civil Defence Corps (NSCDC) over the reported deaths of 37 suspected illegal miners who were in the Corps’ custody in Niger State.
The Minister of Interior, Olubunmi Tunji-Ojo, announced the suspension on Saturday, following President Bola Tinubu’s directive for a transparent and comprehensive investigation into the incident, which occurred on Thursday.
Tunji-Ojo said the suspension would remain in place pending the outcome of the investigation. The affected officers include personnel involved in the arrest, investigation, security and detention of the suspected miners.
The Minister also constituted a 10-member independent committee to investigate the deaths and establish the identities of the deceased, the circumstances surrounding their arrest and detention, and the actual cause of death.
The committee is also expected to determine whether there was any responsibility, negligence or misconduct and recommend appropriate action, including compensation where necessary.
The committee is chaired by retired DSS Deputy Director-General, Jonathan Kure, mni, while Prof. Isa Hayatu Chiroma, SAN, a former Director-General of the Nigerian Law School, will serve as Secretary.
Other members include retired AIG Hosea Hassan Karma, Prof. Olayinka Buhari, representatives of the Minna Emirate Council and Niger State Government, the National Secretary of the Miners Association of Nigeria, Alhaji Liman Sulaiman, lawyer and human rights activist Deji Adeyanju, Blueprint Newspaper’s Zainab Suleiman Okino, and public affairs analyst Dr. George Agbakahi.
The committee has two weeks to complete its investigation and submit its report to the Minister.
Tunji-Ojo directed the NSCDC leadership and all relevant officers to fully cooperate with the investigation and ensure that all records and evidence relating to the incident are preserved.
He warned that anyone who attempts to destroy or conceal evidence, intimidate witnesses or obstruct the investigation would face serious consequences.
The Minister described the deaths as deeply disturbing, condoled with the families of the deceased and appealed for calm while the investigation continues.
Latest News
Benin-Asaba Road to Be Redesigned on Concrete Pavement
Share The Minister of Works, Dave Umahi, has said the 136-kilometre Benin-Asaba Road will be redesigned with reinforced concrete pavement...
NECO Releases 2026 SSCE Results, 58.67% Get Five Credits Including English, Maths
Share The National Examinations Council (NECO) has released the results of the 2026 Senior School Certificate Examination (SSCE) Internal, with...
Ogun, DP World Seal $7bn Port, Blue Marine SEZ Investment Deal
Share The Ogun State Government and DP World MEA FZE have signed Memoranda of Understanding (MoUs) for the development of...
FG Cuts Interest Rate on Late Tax Payments, New Order Takes Effect October 1
ShareThe Federal Government has introduced a new tax administration order reducing the interest rate charged on late payment of taxes....
Bamidele: Nigeria’s Full Potential Depends on Meaningful Gender Inclusion
Share The Leader of the Senate, Senator Opeyemi Bamidele, has called for greater and more meaningful inclusion of women in...

