Business
FG to Save N10Bn on Travel Expenditure – Efficiency Unit
By Joseph INOKOTONG
The federal government has projected to save about N10 billion per annum from its broad initiatives to control Travel Expenditure via Circulars and Discounts from local and international airlines.
This was disclosed yesterday in Abuja by Ms. Patience Oniha, Head, Efficiency Unit of the federal ministry of finance during her presentation to Protocol Officers and other Administrative Staff of MDAs at a Workshop on Travel Discounts.
The Head of Efficiency Unit explained that the “Circulars are policy guidelines or rules issued by the appropriate public officer in this instance the Secretary to the Government of the Federation (SGF) and the Head of the Civil Service of the Federation (HoS)”, with the objectives “to Introduce Standards; promote uniformity in the practice across MDAs; serve as regulation for audit and other purposes. The estimated savings from these Circulars is about N10 billion per annum.”
She pointed out that government’s expenditure on Travels is huge which makes it an important customer to airlines, noting that “by practice, an important customer, defined in this instance as one with a large buying power is entitled to discounts from vendors. The E-Unit used this strategy to negotiate for discounts from 19 local and international airlines.”
Minister of Finance, Mrs. Kemi Adeosun who was represented at the event said the arrangement with Dana Airlines Limited is the first among several on-going activities of the E-Unit to use the Federal Government’s large buying power to secure commensurate discounts from providers of goods and services.
The minister added that the workshop will provide an opportunity for officers in MDAs to be aware of these initiatives and in particular, to be equipped with details of how to access the 50% Travel Discount offered by Dana Airlines Limited to the MDAs on its local and regional routes.
Justifying the need for discount, Ms. Oniha said government’s resources need to be deployed to more productive investments such as infrastructure.
In this regards, she stressed that the “Efficiency Unit seeks to enable the government deploy more resources to capital through Value for Money and savings from the procurement process.
“The Initiatives on Travels are only some of the changes which the Efficiency Unit is introducing to help the government cut costs and generate savings and overall, improve its spending pattern.
“Our responsibilities as public servants are to support the government’s initiatives by: complying with Circulars, Regulations and Policies such as the Circulars on Travels issued by the SGF and HoS; drawing the attention of persons in our respective offices to the provisions of the Circulars; take advantage of the discounts to save costs; comply with the terms and conditions of the airlines, and avoid abuses that could lead to loss of the offer or soil the reputation of MDAs.”
Dana Airline in its presentation said “the object of the agreement is to provide 50% discount on prevailing airfares to MDAs for the purpose of official transportation of personnel, consultants and contractors for which the MDAs are paying.”
It stressed that the 50% discount is applicable on available selling fares with priority on seat availability and reservations to be handled by a dedicated desk in-house.
Business
Dangote Refinery Boosts Fuel Exports as Gulf Refineries Shut Down

By: Fabian Apechihin
The Dangote Petroleum Refinery has ramped up fuel exports to international markets amid widespread refinery shutdowns in the Middle East, industry sources confirmed.
A senior official at the $20bn Lagos-based plant told The PUNCH that the facility exported significant volumes of petrol (PMS), diesel (AGO), and aviation fuel (Jet A1) to foreign buyers in August, following earlier shipments in June and July.
The surge comes as Saudi Aramco and other regional producers face heavy maintenance schedules, tightening fuel supply. Aramco has already shut down two plants and plans further closures, including its 460,000 b/d Satorp refinery in Jubail for a 60-day turnaround in November–December. Kuwait and India are also scaling back capacity for maintenance and seasonal demand.
According to Argus Media, these shutdowns are pushing Gulf nations to import record volumes of gasoline, with Saudi Arabia and the UAE sharply increasing purchases from Europe and other markets in recent months.
While some reports pointed to operational constraints at Dangote’s 650,000 b/d facility, the company dismissed such claims, insisting production is on track to reach 700,000 b/d by December. Earlier this year, Aliko Dangote announced the refinery had sold two cargoes of jet fuel to Saudi Aramco and recently achieved exports of about 1 million tonnes of petrol between June and July.
“With Gulf refiners offline, Nigeria has now emerged as a net exporter of refined products,” Dangote said.
Analysts suggest the extended refinery outages in the Middle East will further strengthen demand for Dangote’s output, positioning the Nigerian plant as a key supplier in regional fuel markets.
Would you like me to tighten this further into a 5–6 paragraph wire-style news brief, or keep it as a detailed feature-style report with more context on Gulf refinery shutdowns?
Business
US Oil Exports to Nigeria, Others Fall to 3.3m bpd as Local Output Rises

By: Fabian Apechihin
The United States’ crude oil exports to Nigeria and other African countries fell for the fifth consecutive month in July 2025, averaging 3.3 million barrels per day (bpd), the lowest level since March 2022.
The Organisation of Petroleum Exporting Countries (OPEC) disclosed this in its August 2025 Monthly Oil Market Report (MOMR), attributing the decline to weaker flows to Europe and Africa, particularly Nigeria, but without giving further details.
Industry analysts link the slowdown to the ramp-up of local refining capacity, especially the 650,000 bpd Dangote Refinery, which has reduced Nigeria’s reliance on imported crude, including from the US. Vanguard checks also show that crude importation has slowed further in recent months due to improved domestic production.
According to OPEC data, Nigeria’s crude oil output—excluding condensates—rose by 11 per cent year-on-year to 1.559 million bpd in July 2025, up from 1.386 million bpd in the same period of 2024. This marks the country’s highest monthly production level so far this year.
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) corroborated the figures, stating that overall output, including condensates, exceeded 1.8 million bpd in July.
Gbenga Komolafe, Chief Executive of the NUPRC, said the milestone was achieved through the agency’s “Project 1 MMBOPD Incremental” initiative, supported by a multi-stakeholder collaborative framework.
“We are glad to report that we crossed the 1.8 million bpd mark on peak production last month, with average production hovering at 1.78 million bpd,” Komolafe stated.
He added that the Commission is working to sustain production growth by optimising the Maximum Efficient Rate (MER) framework, improving produced water management, and aligning operational shutdowns and maintenance schedules to minimise disruptions.
“With these measures and continued collaboration, the presidential mandate on production increase is well within reach,” he said.
Do you want me to make this rewrite more concise for a newspaper front-page brief or keep it detailed like a full energy market report?
Business
NDYPC Hails Otuaro’s Reforms in Presidential Amnesty Programme

• Lauds transparency, fairness in beneficiary selection and grassroots empowerment
• Says reforms align with Tinubu’s Renewed Hope Agenda, restore trust in Niger Delta
The Niger Delta Youths for Positive Change (NDYPC) has commended the Administrator of the Presidential Amnesty Programme (PAP), Dr. Dennis Otuaro, for what it described as bold, people-focused reforms that are restoring trust and delivering tangible benefits to the Niger Delta.
In a statement signed and issued by Comrade Elliott Yibakeni, after the conclusion of leadership training sessions with ex-agitator leaders in Abuja, the group said the PAP, once in urgent need of renewal, is now undergoing a transformation that reflects transparency, fairness, and accountability.
“At a time when public trust in institutions was waning, Dr. Otuaro has emerged as a symbol of credibility and transformation,” the statement read. “His visionary leadership is restoring integrity, empowering communities, and driving a sustainable development agenda that resonates with the aspirations of the Niger Delta.”
According to NDYPC, under Otuaro’s leadership, beneficiary selection has become fair and merit-based, ending years of favoritism and political interference. The group added that access to education, skills training, and empowerment opportunities, both locally and abroad, is now guided by equity and open competition.
The group highlighted several internal reforms, including improved staff welfare, strengthened professional capacity, and strict adherence to best practices in public procurement. These, it said, have made the PAP more efficient, responsive, and transparent.
NDYPC also praised Otuaro’s inclusive governance style, noting his sustained engagement with traditional rulers, women leaders, civil society organizations, and local communities. This approach, the group said, has strengthened peace-building efforts and deepened trust between the PAP and the people it serves.
In line with President Bola Ahmed Tinubu’s Renewed Hope Agenda, the PAP has maintained consistent payment of stipends to ex-agitators and extended direct support to vulnerable populations. NDYPC also applauded new healthcare interventions for ex-agitators facing health challenges.
The statement further commended the programme’s investments in scholarships, vocational training, and economic empowerment initiatives aimed at preparing Niger Delta youths for leadership, innovation, and sustainable livelihoods.
“Every decision reflects a deep commitment to public trust, responsible stewardship, and long-term development,” NDYPC stated. “Under Dr. Otuaro’s watch, the Niger Delta is rising stronger, united, and filled with renewed hope.”
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