General Buratai Urges Dangote Not To Succumb To Marketers Blackmail, Reveals Why

Published

5 months ago

November 4, 2024

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General Buratai Urges Dangote Not To Succumb To Marketers Blackmail, Reveals Why—-Former Chief of Army Staff and erstwhile envoy of Nigeria to the Republic of Benin, Lt. General TY Buratai Rtd (CFR) has lent his voice to the lingering issues between Dangote Refinery and petroleum marketers in Nigeria. The decorated General urged Dangote, not to succumb to the marketers blackmail.

In an exclusive chat with some journalists on his opinion over the imbroglio between the two gladiators, he raised a fundamental question as regards who is blackmailing Dangote?

According to Buratai, Dangote refinery can not operate outside the global oil system. Just because it refines locally and gets its crude in Naira is not a reason to sell it cheaper. He stated that the government must susidise because it is making a profit. However, the question of subsidy is very sensitive now. But when subsidy is reintroduced, it should be only for locally refined products. At the same time, our borders must be closed for all smugglers, especially in petroleum products.

“Our borders are porous, and high-level smuggling is witnessed in every sphere. Dangote must find markets elsewhere to be able to maintain its operations. It is good news that Ghana and other African countries are approaching Dangote to buy his products.

“If Dangote refinery sells its product cheaper, be rest assured the products will be massively smuggled. The petroleum marketers are not sincere. They want cheap Dangote products to be able to smuggle them outside our shores. In this case, both Nigerians and Dangote will be the losers.”

Continuing, Buratai believed that “Unless all our borders are properly manned and all the smuggling routes are blocked, then the government subsidy will work for our benefits”

“Dangote should not succumb to the marketers’ blackmail”, he concluded.

It would be recalled that the row between Dangote Refinery and petroleum marketers in Nigeria has taken a new dimension following the comment by the President of the Dangote Group, Alhaji Aliko Dangote that petroleum marketers were not approaching his refinery for purchase of petroleum products.

There has been an uneasy calm since the roll-out of premium motor spirit (PMS), also known as petrol, from the Dangote Refinery in September. Their were discordant tunes between the management and the Nigerian National Petroleum Company Limited (NNPCL) and other petroleum marketers.

Dangote refinery has disclosed the price of its petrol, revealing that it sells petrol at N960 per litre for ships and maintains a price of N990 per litre for trucks.

The statement follows claims from the Independent Petroleum Marketers Association of Nigeria (IPMAN) and the Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) that they can import fuel at cheaper rates than Dangote’s.

In an earlier interview, the marketers alleged they were buying fuel more affordably from abroad and called on Dangote Refinery to collaborate with stakeholders.

In response, the refinery argued that only substandard products could be obtained at prices lower than its own.

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Entertainment

Saxophone Hub is Created to Help Raise Generations of Musicians- Jerry Omole

Published

2 days ago

March 20, 2025

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Saxophone Hub is Created to Help Raise Generations of Musicians– Jerry Omole

• As they play host to Berklee College of Music, Godwin Louis and Jhony Keys

In a bid to further promote Jazz Music culture, Saxophone Hub & Vital Edge played host to two prominent professors from Berklee College of Music, Godwin Louis and Jhony Keys at the grandeur Hotel, Victoria Island, Lagos.

Hosted by Ambassador Afolabi Oke (Ambassador of African Union 6th Region to Nigeria, ECOWAS), the august event underscores the commitment to raising champions, nurturing talents and transforming the African music landscape.

He disclosed that the event is a defining moment for the future of African music as the world is beginning to recognize the greatness in our rhythm, sound and stories as partnership like this creates opportunity for exposure & global connections.

For Grammy award nominated saxophonist, educator and composer, Godwin louis who is of the view that jazz music will take its spot through strategic push as we blacks have got good and unique talent when it comes to music.

He said ‘ I am amazed to see the growth of kids at the saxophone hub and their levels of understanding when it comes to music, the global market awaits this budding gems.

Reiterating further, Managing Director/CEO of Saxophone Hub, Jerry Omole disclosed that the Saxophone hub is created to help raise generations of musicians who will not only master their craft but also carry the African sound and spirit to global height. There is no retirement when it comes to music as it helps enhances whatever dream you have’.

It is pertinent to note that saxophone hub has a long-standing collaboration with Backcountry Jazz initiates led by Bennie Wallace where scholarship opportunities are open to young saxophonists and also the Berklee College of music is equally awarding scholarship to some of the most outstanding musicians.

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Politics

President Tinubu Appoint Rtd Vice Admiral Ibokette Ibas As River State Administrator

Published

4 days ago

March 19, 2025

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President Tinubu Appoint Rtd Vice Admiral Ibokette Ibas As River State Administrator

According to latest report, Ibas will take over from Governor Siminalayi Fubara who was suspended for six months by President Tinubu following the declaration of a State of Emergency in the oil-rich State.

The development followed a prolonged political crisis in the State arising from the face-off between Fubara and 27 lawmakers.

Tinubu in a nationwide broadcast on Tuesday evening said: “By this declaration, the Governor of Rivers State, Mr Siminalayi Fubara, his deputy, Mrs Ngozi Odu and all elected members of the House of Assembly of Rivers State are hereby suspended for an initial period of six months.

“In the meantime, I hereby nominate Vice Admiral Ibokette Ibas (Rtd) as Administrator to take charge of the affairs of the state in the interest of the good people of Rivers State. For the avoidance of doubt, this declaration does not affect the judicial arm of Rivers State, which shall continue to function in accordance with their constitutional mandate.

“The Administrator will not make any new laws. He will, however, be free to formulate regulations as may be found necessary to do his job, but such regulations will need to be considered and approved by the Federal Executive Council and promulgated by the President for the state.”

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