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Local Oil Refiners Support Dangote, Criticize IOCs for Crude Supply Obstruction
by milcah tanimu
The Crude Oil Refineries Association of Nigeria (CORAN) has expressed support for Dangote Oil Refinery and Petrochemicals Limited, which recently accused Nigerian oil producers, particularly International Oil Companies (IOCs), of hindering the refinery’s operations by refusing to guarantee crude supply.
Responding to the report, CORAN Chairman Momoh Oyarekhua emphasized that the concerns raised by Dangote Refineries reflect the struggles faced by other members of the association. Speaking on Channels Television, Oyarekhua highlighted the operational challenges caused by the difficulties in obtaining local crude oil.
Oyarekhua argued that the issue extends beyond just the IOCs, implicating Nigerian crude producers in general for frustrating local refineries’ efforts to secure crude supplies. He advocated for selling crude to local refineries in naira, which aligns with the local market’s economic structure and reduces pressure on the scarce US dollar.
He referenced engagements with the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) and stressed the importance of adhering to the Domestic Crude Oil Supply Obligation outlined in the Petroleum Industry Act (PIA). Oyarekhua noted that despite legislative efforts to support local refineries, crude producers prefer exporting oil rather than supplying it domestically.
Highlighting the economic benefits of local refining, Oyarekhua pointed out that the cost of finished products would significantly decrease if local refineries were adequately supported. He cited the drop in diesel prices following Dangote’s entry into the market as evidence of the positive impact of local production.
Oyarekhua called on the government to enforce existing laws to ensure that local refineries receive the necessary support. He lamented the lack of support for CORAN members over the past few years and urged the government to address the issue promptly.
Earlier this week, Devakumar Edwin, Vice President of Oil and Gas at Dangote Industries Limited (DIL), accused the IOCs of inflating local crude oil prices, making it prohibitively expensive for local refineries. CORAN joined Dangote Refineries in calling on the National Assembly and the executive arm of government to intervene in the oil and gas sector to prevent further challenges for local refineries.
Inna Lillahi wa Inna Ilaihir-Raji’un.
The Chairman and Editor-in-Chief of , Hon. Inuwa Bwala, on behalf of the management and staff, has expressed deep sorrow over the death of veteran journalist and pioneer editor of the newspaper, Abdulazeez Suleiman.
Bwala also extended condolences to Suleiman’s family, associates and the Nigerian media industry, describing his passing as a monumental loss at a time his experience, courage and service to the nation were still greatly needed.
Suleiman reportedly died shortly before a scheduled surgery.
A pioneer editor of National Trail Newspaper, Abdulazeez Suleiman was regarded as a thoroughbred journalist with a remarkable talent for breaking exclusive stories and shaping public discourse through responsible journalism.
Throughout his distinguished career, he worked with notable media organisations, including National Trail Newspaper, Daily Trust, Summit and The Road. He earned widespread admiration for fearless reporting, ethical conduct and unwavering commitment to professionalism.
His writings and public interventions consistently reflected deep concern for justice, peace, accountability and national unity.
Beyond journalism, Suleiman was widely respected as a bridge-builder who strongly believed in dialogue, mutual understanding and peaceful coexistence among Nigeria’s diverse peoples. He remained steadfast in his conviction that truth and justice are essential pillars for national progress.
Though his voice has now gone silent, the values and ideals he stood for will continue to inspire generations. His legacy as a principled journalist, advocate and patriot will endure in the hearts of many whose lives he touched through his work and humanity.
The management and staff of National Trail Newspaper prayed Almighty Allah to forgive his shortcomings, grant him Aljannatul Firdaus and comfort his family, friends, colleagues and members of the in this moment of grief.
Rest in peace, Abdulazeez Suleiman. Your service and legacy will not be forgotten.
Uncategorized
JUST IN: After Primary Election Victory, Shehu Sani Visits Parents’ Graves to Offer Prayers and Express Gratitude to God
Following his victory in the party primary election, Senator Shehu Sani visited the graves of his parents to pray and give thanks to Almighty God.
The former senator described the visit as very important to him, noting that his parents played a significant role in his upbringing and in shaping his political life.
Shehu Sani prayed for Allah to forgive his parents and all deceased Muslims, while also reaffirming his commitment to continue serving the people with honesty and integrity after securing victory in the primaries.
The gesture has attracted attention from his supporters and social media users, many of whom praised his act of remembering his parents after a political success.
Inna Lillahi wa Inna Ilaihir-Raji’un.
The Chairman and Editor-in-Chief of , Hon. Inuwa Bwala, on behalf of the management and staff, has expressed deep sorrow over the death of veteran journalist and pioneer editor of the newspaper, Abdulazeez Suleiman.
Bwala also extended condolences to Suleiman’s family, associates and the Nigerian media industry, describing his passing as a monumental loss at a time his experience, courage and service to the nation were still greatly needed.
Suleiman reportedly died shortly before a scheduled surgery.
A pioneer editor of National Trail Newspaper, Abdulazeez Suleiman was regarded as a thoroughbred journalist with a remarkable talent for breaking exclusive stories and shaping public discourse through responsible journalism.
Throughout his distinguished career, he worked with notable media organisations, including National Trail Newspaper, Daily Trust, Summit and The Road. He earned widespread admiration for fearless reporting, ethical conduct and unwavering commitment to professionalism.
His writings and public interventions consistently reflected deep concern for justice, peace, accountability and national unity.
Beyond journalism, Suleiman was widely respected as a bridge-builder who strongly believed in dialogue, mutual understanding and peaceful coexistence among Nigeria’s diverse peoples. He remained steadfast in his conviction that truth and justice are essential pillars for national progress.
Though his voice has now gone silent, the values and ideals he stood for will continue to inspire generations. His legacy as a principled journalist, advocate and patriot will endure in the hearts of many whose lives he touched through his work and humanity.
The management and staff of National Trail Newspaper prayed Almighty Allah to forgive his shortcomings, grant him Aljannatul Firdaus and comfort his family, friends, colleagues and members of the in this moment of grief.
Rest in peace, Abdulazeez Suleiman. Your service and legacy will not be forgotten.
Dr. Nafiu Sankara Emerges as Kano Central Senatorial Candidate Ahead of the Next Elections
National Trail Mourns Pioneer Editor, Abdulazeez Suleiman
Hon. Jaafaru Yakubu Declared Winner of Bali/Gassol Federal Constituency in Taraba
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