General
Belgium Assures Nigeria, Others Quality Petrol, Diesel
By Adedapo Adesanya
One of Nigeria’s key sources of imports for petrol and diesel, Belgium, is tightening regulations to boost quality fuels to Nigeria and other West African countries.
Belgium, a major exporter of petrol and other fuels to Nigeria, is following the Netherlands in tightening environmental rules, officials told Reuters.
The Amsterdam-Rotterdam-Antwerp (ARA) hub is the world’s leading petrol exporting region and hosts some of Europe’s largest oil refineries including plants operated by TotalEnergies and Exxon Mobil.
Despite being Africa’s largest crude oil producer, moribund infrastructure and underinvestment makes Nigeria dependent on importing its fuels.
In February 2022, a large consignment of imported petrol had to be withdrawn from the market in Nigeria, after it was found to have excessive levels of methanol, which was causing engine damage in vehicles.
The development raised serious concerns over the regulation of fuel standards in Nigeria. Specifically, the fuel was imported from Antwerp in Belgium, according to the Nigerian National Petroleum Company (NNPC) Limited.
In 2021, Nigeria imported $11.3 billion in refined petroleum, becoming the 18th largest importer of refined petroleum in the world. In the same year, refined petroleum was the 1st most imported product in Nigeria.
Nigeria’s imports of refined petrol during the year were: Netherlands ($3.62 billion), Belgium ($1.78 billion), Norway ($1.2 billion), India ($992 million), and the United Kingdom ($760 million).
However, after the Netherlands introduced legislation in April to tighten the specification for its road fuel exports, Belgium’s environment and energy ministries are now planning to introduce their own draft rules to tighten the quality of exported fuels.
This would further reduce northern Europe’s role in supplying Africa with dirtier petrol and diesel, which have been proven to cause significant health problems.
However, this may also lead to rising costs for poorer nations.
The office of Minister of Climate, the Environment, Sustainable Development and Green Deal, Ms Zakia Khattabi is working with Energy Minister, Ms Tinne Van der Straeten to prepare a royal decree to introduce the law, a spokesperson for Mr Khattabi told Reuters.
“It is evident that we must join forces and combine our expertise to halt the export of toxic fuels to third-party nations,” Ms Van der Straeten said in a statement.
The draft is expected to be ready within two weeks and, barring major political hurdles could become law by February next year, the environment ministry said.
Nigeria has in recent years cut sulphur content allowances for imported fuels.
However, its current specification for petrol remains at 150 sulphur parts per million (ppm), three times above Belgium’s proposed limits. The maximum allowed sulphur content for gasoline sold in the European Union is 10 ppm.
“There can be no double standards when it comes to products that pose environmental and health risks,” Van der Straeten said.
The Belgian government began researching the legislation in part due to concerns that “part of the export of these fuels from the Netherlands would come to Belgium”, Ms Khattabi’s spokesperson, Mr Mathias Bienstman said.
The Netherlands’ share of Northwest Europe’s exports to West Africa fell from around 47 per cent in the first quarter to just 15 per cent in October, according to tracking data from analytics firm Vortexa, while Belgium’s share rose from 34 per cent in the first quarter to 65 per cent last month.
The earliest the decree could be passed in February, the ministries hope, but the timeline will depend on the extent to which collaboration with the wider Belgian federal government, advisory council, and European Union is required.
It was reported that while an implementation date has not yet been decided, it usually comes six months after the publication of a royal decree, Mr Bienstman said.
By Adedapo Adesanya
Nigeria’s Minister of Foreign Affairs, Mr Yusuf Tuggar, has resigned from his position, in line with the directive that government appointees seeking political offices must resign before March 31.
Business Post reports that the diplomat is eyeing a governorship ambition in Bauchi State ahead of the 2027 general elections.
Mr Tuggar’s resignation was confirmed in a statement by the ministry’s spokesperson, Mr Kimiebi Ebienfa, on Monday.
Mr Tuggar submitted his resignation letter on Monday, barely 24 hours before the deadline set by President Bola Tinubu, which directs all political appointees under his administration seeking to contest elective offices in the 2027 elections to resign before March 31.
The directive is in line with Section 88(1) of the Electoral Act, 2026, and the timetable released by the Independent National Electoral Commission for party primaries ahead of the 2027 polls.
With this development, more resignations are expected before the March 31 deadline as appointees seeking elective offices move to meet the stipulated deadline.
Earlier today, the Chairman of the Governing Board of the Federal Mortgage Bank of Nigeria (FMBN), Mr Nasiru Gawuna, formally resigned from his position to join the African Democratic Congress (ADC) with his sights on the Kano governorship ticket.
Mr Tuggar’s resignation comes amid the speculation of his interest in contesting the 2027 Bauchi State governorship election on the platform of the All Progressives Congress (APC).
The 59-year-old is a seasoned diplomat, policymaker, and political figure who was appointed as minister by President Bola Tinubu in August 2023.
Born on March 12, 1967, he has built a distinguished career spanning diplomacy, politics, energy, and strategic consulting.
He is widely regarded for his role in shaping Nigeria’s global engagement and advancing its foreign policy priorities.
By Aduragbemi Omiyale
The Lagos State government has promised to sustain its collaboration with private sector players to drive sustainable urban development, create jobs, and position Lagos as a leading hub for commerce and industry in Africa.
This assurance was given by the state governor, Mr Babajide Sanwo-Olu, at the commissioning of Irele Tower last Thursday.
The nine-storey facility is the first commercial building within the Lagos Free Zone (LFZ). It is EDGE-certified, which sets a new standard for sustainable workspace in Lekki, Nigeria’s fastest-growing economic corridor.
Irele Tower is designed to host office and retail activities in the Lekki economic corridor. It was built for efficiency with 26 per cent less energy and 46 per cent less water consumption. It is an eco-friendly building, with the design inspired by maritime architecture, reflecting its proximity to the Lekki Deep Sea Port.
Mr Sanwo-Olu described the delivery of the Irele Tower as a significant milestone in the development of the economic zone in line with the agenda of making Lagos a 21st-century economy by boosting economic growth to support the state’s developmental plans.
According to him, the facility is critical to unlocking the full potential of the Ibeju-Lekki axis of the economic zone, particularly given the presence of the Lekki Deep Sea Port and other major industrial investments within the Lagos Free Zone.
“The commissioning of Irele Tower is a clear demonstration of what can be achieved through strong collaboration between the public and private sectors. This development not only enhances the infrastructure profile of the Lagos Free Zone but also strengthens our vision of making Lagos a premier destination for investment and economic activities.
“We will continue to support initiatives that promote industrial growth, create employment opportunities, and improve the overall business environment in our state,” he said.
In her remarks, the chief executive of LFZ, Ms Adesuwa Ladoja, stated that the development reflects the zone’s commitment to creating an integrated ecosystem where businesses can thrive, supported by modern infrastructure, a strategic location, and efficient logistics.
“The commissioning of Irele Tower represents a defining milestone in our journey to build a world-class industrial and commercial hub. This development reflects our commitment to providing high-quality infrastructure that supports ease of doing business and enhances operational efficiency for our tenants.
“As the first commercial tower within the Lagos Free Zone, Irele Tower, sets a new benchmark for quality workspace in this corridor and reinforces our position as a preferred destination for investment and enterprise,” she added.
Irele Tower sits on a gross floor area of approximately 12,000 square metres. It offers modern workspaces tailored to evolving business needs. The facility also offers premium amenities, including office spaces, retail outlets, parking facilities, shared workspaces, and a rooftop cafeteria, creating a dynamic, integrated business environment.
By Adedapo Adesanya
The Chairman of the Governing Board of the Federal Mortgage Bank of Nigeria (FMBN), Mr Nasiru Gawuna, has formally resigned from his position, obeying a directive that requires office holders with political ambitions to step down before March 31, 2026.
Mr Gawuna, a former governorship candidate of the All Progressives Congress (APC) in Kano State, submitted his resignation in a letter dated March 27, 2026. In the letter, he stated that his decision takes immediate effect and is in compliance with directives issued by President Bola Tinubu.
He is expected to formally announce his move to the African Democratic Congress (ADC) on Tuesday alongside Mr Rabiu Musa Kwankwaso, a prominent political figure and former Governor of Kano, who resigned from the New Nigeria People’s Party (NNPP).
The former governor of Kano and senator rose to prominence through his grassroots-oriented Kwankwasiyya Movement, which has played a decisive role in shaping electoral outcomes in Kano. His political journey has seen him move across major parties before leading the NNPP into the 2023 general elections, where he maintained significant influence in the North-West state.
“My resignation is in strict compliance with the President’s directive requiring all political appointees to step down in accordance with the provisions of the Electoral Act,” Mr Gawuna wrote.
In his resignation letter, Mr Gawuna expressed appreciation for the opportunity to serve under the current administration, describing his tenure as both an honour and a privilege.
“I am profoundly grateful to His Excellency, President Bola Ahmed Tinubu, for the confidence reposed in me to serve. It has been a privilege to contribute to the growth and development of the Federal Mortgage Bank of Nigeria and our great country,” he stated.
He also struck a reflective tone regarding his future, adding, “I place my future in the hands of Allah (SWT) and seek His divine guidance in all my endeavours.”
Mr Gawuna assured stakeholders of a seamless transition process, noting that he would hand over responsibilities in line with established procedures.
“I remain committed to ensuring a smooth and orderly handover in accordance with all laid-down directives,” he said.
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