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Buhari, Others Mourn Ocean Marine Boss Hosa Okunbo

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Hosa Okunbo

By Sodeinde Temidayo David

Notable Nigerians, including President Muhammadu Buhari, have commiserated with the family of Mr Idahosa Okunbo, the chairman of Ocean Marine Solutions Limited, who passed on on August 8 at the age of 63 after months of a hard-fought battle with pancreatic cancer at a London hospital.

Mr Okunbo was a Nigerian business magnate, investor, philanthropist and trained commercial pilot.

His family, in an official announcement of his death, was proud that the late Okunbo lived a good life and would therefore not mourn like the downhearted.

Also, in the statement from the family, signed by the head of the Okunbo family, Mr Tinyan Okunbo, and made available by the deceased’s Media Consultant, Mr Samuel Ajayi, thanked God for a life of service and dedication to humanity that the late businessman lived.

“We do not mourn like those that have no hope and we take solace in the fact that he lived a good life and he has gone to be with his Lord and Saviour Jesus Christ,” a part of the statement said.

While thanking everyone for their prayers and support all through this trying period, the family craved the understanding of all and sundry at these trying times and would want the immediate family to grieve in private, adding that further announcement will be made at a later date.

Being an influential figure, an entrepreneur and investor in Nigeria oil and gas and other related sectors, President Buhari, Governor Godwin Obaseki and former Governor Adams Oshiomhole, have sympathized with the family of Mr Okunbo and the people of Edo over the passing of their son, saying his exit was both painful and untimely.

President Buhari, in a release issued Sunday by his Media Adviser, Mr Femi Adesina, empathised with the family, friends and associates of Mr Okunbo, noting that the deceased, with investments spanning the petroleum, telecommunications, maritime, and power sectors, among others, contributed immensely to the development of the Nigerian economy, providing sustenance to many families in the process.

While praying for the rest of the soul of Mr Okunbo, Mr Buhari urged those who mourn him, particularly the people of Edo State, to whom he devoted time and resources, to sustain his legacies of well-spiritedness and large-heartedness.

Edo State Governor, Mr Godwin Obaseki, said in his statement on Sunday, stated that the state had lost a brother.

“It is with a heavy heart that I mourn the passing of a great son of Edo State, a brother, a distinguished Nigerian, an illustrious businessman and an accomplished philanthropist, Captain Hosa Okunbo.

“A man of unparalleled energy and accomplishments, Captain Okunbo saw opportunities in adversity and from an early age in life, carved a niche for himself to become one of Nigeria’s most outstanding businessmen.

“A trained pilot, he conquered the air at an early age and set for the waters and land, building enterprises that distinguished him in the business world and embodied the hard work, perseverance, dexterity and acumen that espoused his Edo heritage.

“Okunbo was a philanthropist, who gave lavishly of himself and his resources; thousands of Edo sons and daughters benefited from his charitable works and benevolence.

“As a mortal, Captain Okunbo was not a perfect person just as none of us can claim to be, but he will be remembered for his undying love for Edo people.

“His desire for the development and progress of our dear state, the Niger Delta region and Nigeria as well as his invaluable contributions to building bridges of peace across the country will never be forgotten.

“I commiserate with the Okunbo family, friends and associates of our departed brother and pray that God will grant all the fortitude to bear this irreparable loss,” he said.

Mr Obaseki predecessor, Mr Oshiomhole, a former President of the Nigeria Labour Congress (NLC), described the death of Mr Okunbo as an irreparable loss to humanity.

“I received Sunday morning, the unanticipated news that my friend, Mr Hosa Okunbo has passed on.

“I am in disbelief, shock and deep pain, to say the least. It is just too hard to come to terms with the reality that Capi is no more and words alone cannot appropriately capture the dark mood cast upon our land this day,” Mr Oshiomhole said.

Also, he noted that Mr Okunbo was not just a good friend, but a brother and an exceptionally dependable ally in all his efforts for a better Edo State and truly loved Edo State and wished only the best for his people.

Likewise, the Minister of State for Budget and National Planning, Mr Clem Agba, mourned Mr Okunbo, saying, “His death has created a huge vacuum that will be difficult to fill.”

Similarly, the president of the Commonwealth Medical Association (CMA), Mr Osahon Enabulele, described Mr Okunbo’s death as a tragic development.

“This explains why the death of our loved ones, as painful as it is, provides yet another opportunity for one to consciously reflect, refocus, and rededicate ourselves to cherished cardinal and theological virtues, and the upliftment of our common humanity.

“As you may already know, our combined efforts across Nigeria are focused on increasing cooperation on maritime and border security, the law of armed conflict and military justice, counterterrorism efforts against Boko Haram and ISIS-West Africa, defence trade, and strengthening governance and transparency of the security sector.”

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Dangote Unveils Phone Number to Report MRS Stations Selling PMS Above N739

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Dangote monopoly Political Economy of Failure

By Modupe Gbadeyanka

A hotline number, 0800 123 5264, for Nigerians to report any MRS Oil Nigeria Plc filling stations selling Premium Motor Spirit (PMS), commonly known as petrol, above the approved pump price of N739 per litre, has been released by Dangote Petroleum Refinery.

The private refiner said the number was now active nationwide, enabling consumers to promptly report violations and help maintain fair pricing across over 2,000 MRS stations.

This measure follows the refinery’s recent commencement of nationwide PMS sales at N739 per litre—a strategic intervention aimed at stabilising fuel prices and easing the financial burden on Nigerians during the festive season.

“We encourage Nigerians to avoid purchasing PMS at inflated prices when locally refined fuel is available at N739 per litre.

“Report any MRS station selling above this price by calling our hotline. Together, we can ensure that the benefits of this price reduction reach every consumer,” the company stated in a statement.

The organisation stressed its mission to deliver affordable, high-quality fuel while safeguarding national economic interests, reaffirming its commitment to steady supply, backed by a guaranteed daily output of 50 million litres, and warned against attempts to create artificial scarcity or manipulate supply.

Regulatory authorities have been urged to remain vigilant and take decisive action against unpatriotic practices.

By refining locally at scale, Dangote Refinery is reducing Nigeria’s dependence on imports, conserving foreign exchange, stabilising the Naira, and strengthening energy security. This initiative represents a significant milestone in the country’s journey toward sustainable energy solutions and economic recovery.

The refinery also issued a stern warning against attempts by unscrupulous operators to create artificial scarcity in response to the price reduction, calling on government agencies to act decisively.

“Any attempt to create artificial scarcity or manipulate supply to frustrate recent price reductions is unpatriotic and unacceptable. We urge regulatory authorities to remain vigilant and take firm action against such practices, especially during this critical festive period,” the statement added.

Consumers were advised to resist purchasing fuel at inflated prices when cheaper, high-quality alternatives are readily available.

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ANLCA Airport Chapter Scores Salamatu High on Stakeholder Engagement, Trade Facilitation

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ANLCA Airport Chapter

By Bon Peters

The Airport Chapter of the Association of Nigerian Licensed Customs Agents (ANLCA) at Omagwa Rivers State has praised the Customs Area Controller for Customs Area 1 Command, Comptroller Salamatu Atuluku.

At the end-of-the-year party attended by stakeholders, including the leader of the association’s chapter, Mr Charles Onyema, said the customs officer has done well in stakeholder engagement and trade facilitation.

At the event held last Friday, he said his association has been enjoying a very cordial relationship with other organisation in the ecosystem.

“You can see what is happening today, everybody is working together and our operations here are seamless,” he noted.

He stated that apart from creating a very robust business environment for his members and other stakeholders to operate, he has taken a decision to build and commission a befitting ANLCA Secretariat which would be completed soon and be commissioned by the ANLCA national president, Mr Emenike Nwokeoji.

The ANLCA chapter chief said since “Comptroller Salamatu Atuluku assumed office at Customs Area 1, Port Harcourt Command, it has been a different ball game, facilitating  trade and increasing Revenue generation.”

“I remember I told her she was a mother during her maiden visit to the airport.

“You know when you have a woman in charge of an affair, food will not lack, compassion will not lack and motherly love will not lack.

“She is very wonderful in stakeholder engagement, revenue generation and trade facilitation,” Mr Onyema enthused.

Projecting into the future, Mr. Onyema said the year 2026 would be better for his members, adding that he has advised them on financial discipline which he said would help them during the trying period.

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FG Declares Holidays for Christmas, New Year Celebrations

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as public holidays

By Adedapo Adesanya

The federal government has declared Thursday, December 25, and Friday, December 26, 2025, as public holidays to mark Christmas and Boxing Day respectively.

The government also declared Thursday, January 1, 2026, for the New Year celebration.

The declaration was contained in a statement issued on Monday by the Permanent Secretary of the Ministry of Interior, Mrs Magdalene Ajani, on behalf of the Minister of Interior, Mr Olubunmi Tunji-Ojo.

According to the statement, the Minister urged Nigerians to reflect on the values of love, peace, humility and sacrifice associated with the birth of Jesus Christ.

Mr Tunji-Ojo also called on citizens, irrespective of faith or ethnicity, to use the festive season to pray for peace, improved security and national progress.

He further advised Nigerians to remain law-abiding and security-conscious during the celebrations, while wishing them a Merry Christmas and a prosperous New Year.

Business Post reports that on these public holidays – the foreign exchange market, the Nigerian Exchange (NGX), as well as the NASD Over-the-Counter (OTC) Securities Exchange will not open to trade.

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