General
Elections: Tinubu Accuses Buhari Administration of Sabotage
By Modupe Gbadeyanka
The candidate of the ruling All Progressives Congress (APC) in the presidential election on February 15, 2023, Mr Bola Tinubu, has claimed that some powers that be in the administration of President Muhammadu Buhari were working to ensure he does not win the exercise, noting that they were behind the lingering fuel scarcity and the redesigning of the higher denominations of the Naira.
Last month, the Central Bank of Nigeria (CBN) introduced new N200, N500, and N1,000 notes into circulation. Later, the bank limited the amount of cash that can be withdrawn by customers across the channels.
This action was greeted with mixed reactions and the Department of State Services (DSS) later made attempts to arrest the Governor of the CBN, Mr Godwin Emefiele, who wanted to pick the sole presidential ticket of the APC until he was stopped by the court.
For almost the better of 2022, Nigerians had to queue at petrol stations for the product because of a disruption in supply. Earlier in the year, the scarcity was caused by the circulation of adulterated fuel and later in the year, a shortage of supply was blamed on flooding across the country.
At the moment, Nigerians have not been able to buy petrol with ease and in some places, the pump price is above the government-regulated price of N169 per litre.
Speaking in Abeokuta, Ogun State on Wednesday during his campaign, Mr Tinubu accused those against his emergence as the presidential candidate of causing the fuel scarcity.
“We will use our PVCs to take over government from them, if they like let them create fuel crisis, even if they said there is no fuel, we will trek to vote. They are full of mischief, they could say there is no fuel. They have been scheming to create fuel crisis, but forget about it. Relax, I Asiwaju have told you that the issue of fuel supply will be permanently addressed.
“Whoever wants to eat the honey embedded in a mountain won’t worry about the axe. Is that not so? And if you want to eat palm kernel, you would bring stone and use it to break it, then the kernel will come out. It’s not easy to…
“Let them increase the price of fuel, let them continue to hoard fuel, only them know where they have hoarded fuel, they hoarded money, they hoarded naira; we will go and vote and we will win. Even if they changed the ink on Naira notes. Whatever their plans, it will come to nought. We are going to win. Those in the PDP will lose.
“I am homeboy, I have come here, you will not be put to shame, we will take over the government from them, the traitors who wanted to contest with us. They had no experience.
“The great Nigerian youths, the great Nigerian students, the confident Nigerian youths. This is a revolution. This election is a revolution. They are plotting, but they will fail. They said fuel price will increase and reach N200 per litre. Go and relax. They don’t want this election to hold, they want to scuttle it. Do you agree?
“On this one, I’m guaranteeing you one thing: there will be student loan. Nobody will drop out of the University because of school fees. I guarantee you that. Nobody will have to repeat for eight years, and not graduate.
“Haba! We are too smart, we are brilliant, we are courageous, we are sharp, we will make four years course four years course. Do you agree? Will you vote whether there is fuel or not? Call your sister, we are bringing revolution.
“Let me say what’s on my mind. The other day, I told you. This one too, they think they can cause crisis by sabotaging fuel supply. They are sabotaging fuel supply. Whether there is fuel or not, whether there is
Okada (commercial motorcycle) or not, whether there is tricycle or not, we will go and vote and we shall win.
“This is a superior revolution and when I tell you, you know what I mean. You know me, we are going there to win,” the former Governor of Lagos State said at the rally held at the MKO Abiola International Stadium.
General
Anambra Moves to Curb Erosion Menace
By Adedapo Adesanya
Anambra State Executive Council (ANSEC), under Governor Charles Soludo, has taken a bold step to address the pressing issue of erosion in the state, while also recovering government lands and awarding strategic projects aimed at boosting the state’s economy and improving the quality of life of its citizens.
The Commissioner for Information, Mr Law Mefor, made this known after the 25th ANSEC meeting held recently at the Lighthouse, Awka.
He revealed that the meeting noted with grave concern the existential threat posed by erosion in Anambra, citing the careless actions of communities and regulatory bodies that have disregarded environmental regulations.
“The council has decided to step up enforcement measures to force individuals to build and manage storm waters from their houses and for communities to follow specific guidelines, such as building erosion barriers and excavating sand only in designated locations,” Mr Mefor stated.
He emphasised that the government will not hesitate to take stern action against individuals and communities that fail to comply with environmental regulations.
To address the issue, the government will enforce strict adherence to environmental regulations, mandate the construction of erosion barriers and proper sand excavation practices, and collaborate with relevant agencies to hold those responsible for the erosion menace.
It is also confident that with the support of the people, it will overcome the challenges posed by erosion and achieve its vision of making Anambra State a destination where economic and business activities thrive.
Furthermore, the council has resolved to form a committee to reclaim government lands in and around Anambra State that have been intruded upon and built upon without permission.
“The government will not stand idly by while its lands are being grabbed and misused. We will take all necessary steps to recover these lands and ensure that they are used for the benefit of the people of Anambra State,” Mr Mefor said.
ANSEC has also awarded several strategic projects aimed at enhancing the state’s infrastructure development.
The projects include the provision of a water supply to the Ekwulobia Flyover Bridge Fountain and the ornamental garden for Double NC Construction & Logistics Ltd; the installation of a 3-way traffic light, including pedestrian lights, at the Ifite-Amenyi intersection within the Awka metropolis to S.N.U. Ventures, and the supply and installation of two 10 kVA inverters with 15 kW lithium batteries at the Anambra State Civil Service Commission Building in Awka to Kennolly Enterprises.
Others include the supply and installation of transformer substations at Nnewi and Umueze-Anam communities for Aries and Gold Ventures Limited, and Aljovic Construction Limited; and the landscaping of the car park for the Trauma Centre at Chukwuemeka Odumegwu Ojukwu University Teaching Hospital (COOUTH), Amaku, Awka, for Triseconds Resources Limited.
General
Dangote Refinery Commences Free Delivery of PMS January 2026
By Modupe Gbadeyanka
The free delivery of premium motor spirit (PMS), otherwise known as petrol, across the country by the Dangote Petroleum Refinery will finally begin in January 2026. This was earlier scheduled for August 2025
This move, according to the Independent Petroleum Marketers Association of Nigeria (IPMAN), will bring down the price of the product in Nigeria.
The group has, therefore, urged all its members nationwide to patronise the Lagos-based private oil facility because it offers the best affordable price for all marketers.
Dangote Refinery has agreed to directly supply PMS to registered members of IPMAN, according to a statement signed and issued by the organisation’s president, Mr Abubakar Maigandi Shettima.
At a press conference held in Abuja yesterday on recent happenings in the oil and gas sector, IPMAN also applauded the support of the Chairman of Dangote Petroleum Refinery, Mr Aliko Dangote towards the federal government, which it noted has become evident in the regular reduction of the petroleum pump price.
“The association has the highest percentage of the supply chain of the PMS downstream sector, controlling over 80 per cent of the petrol retail market. We therefore declare that there will be no gap or scarcity in PMS supply to Nigerians.
“We are also excited at the recent agreement by the Dangote Refinery to begin the supply of PMS products directly to registered IPMAN members, and its free delivery to our filling stations anywhere and everywhere in Nigeria which will commence in January 2026.
“This will again, certainly lead to further decrease in the pump price of the products at our filing stations.
“Therefore, I am calling on all IPMAN members nationwide to prioritise patronising the Dangote Refinery in their purchase of PMS products, as they already offer the best affordable prize for all marketers today,” the group stated.
“At IPMAN we have no doubt as to the viability of the oil and gas policies being initiated by the federal government, and we have ceaselessly called and sought for enhanced cooperation across all levels of governance in the oil and gas sector. Hence, our repeated persuasion to always partner the Dangote refinery, to ensure the steady availability of PMS products.
“The focus of the Dangote & IPMAN partnership, has always been geared towards making life better for Nigerians. And of course, this blooming partnership would never have been possible without the pragmatic leadership of President Bola Tinubu, and his sound judgment in readjusting the leadership of the NMDPRA and the NUPRC.
“Our position has always been to deepen domestic refining in order to eradicate imports of petroleum products. Continuous import is NOT an acceptable parallel business model, because issuing import licenses recklessly distorts market dynamics, drains foreign exchange, enthrones poverty, destroys jobs, and scares potential investors away,” Mr Shettima was quoted as saying in the statement.
General
Swedfund Puts Down $20m for Green Business Growth in Africa
By Aduragbemi Omiyale
About $20 million has been put down by Swedfund to support efforts that limit climate change in Africa and help communities adapt to its effects.
The funds would be deployed by the Helios Climate, Energy, Adaptation and Resilience (CLEAR) Fund to back African companies that reduce emissions, strengthen resilience and create green jobs.
Swedfund’s investment is expected to contribute to significant cuts in greenhouse gas emissions and to help businesses and small farmers adapt to a changing climate.
The investment strengthens Swedfund’s work to drive a sustainable and inclusive green transition in Africa.
Africa contributes less than 3 per cent of global carbon emissions but faces some of the most severe climate impacts. At the same time, the continent’s energy demand is expected to triple by 2050.
Swedfund’s investment in Helios CLEAR will help channel capital to businesses that drive low-carbon growth in areas such as renewable energy, sustainable transport, climate-smart farming, efficient use of resources and digital climate solutions.
“By investing in this sector, we can reduce emissions, build resilience and create green jobs, all vital for sustainable growth that benefits more people.
“Africa currently receives only a small share of global climate investment, yet the potential for climate-smart business is enormous.
“Through Helios CLEAR we help build the next generation of African climate-focused businesses,” the Investment Director for Energy and Climate at Swedfund, Ms Gunilla Nilsson, stated.
Helios CLEAR Fund is a Pan African growth equity fund managed by Helios Investment Partners, one of Africa’s leading private equity firms.
The fund targets investments that deliver measurable climate mitigation and adaptation outcomes. The fund is supported by multiple development finance institutions.
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