Author: Mahmud Shuaibu Ringim

SINCE the onset of Nigeria’s self-inflicted economic crisis, the survival of the 650,000 barrels-per-day Dangote Refinery has been under intense scrutiny, particularly by the Nigerian National Petroleum Corporation (NNPC). The promoter of this multi-billion-dollar investment aims to rescue the country’s oil and gas industry from its current predicament. A significant conflict between Dangote Refinery and NNPC is the supply of crude oil necessary for the refinery’s optimal function, in addition its bridging of supply gap of petroleum products for the domestic market. Without a steady supply of crude oil, the refinery risks becoming a white elephant project, dead on arrival.…

THE international oil cartel is a formidable force, capable of crushing any new entrants into the oil market, such as Dangote Refinery in Nigeria. Known as “the Seven Sisters,” these powerful entities dominated offshore oil businesses and the downstream sector. In the early 1980s, they monopolized the supply of refined petroleum products in Nigeria, with local refineries distributing products through NNPC’s depots across the country. Crude oil was transported via NNPC’s pipeline to the refineries, where it was processed into various grades of petroleum products such as PMS, DPK, AGO, LPFO, and HPFO. The output was then analyzed by the…

THE annulment of the June 12, 1993, election marked the beginning of a significant struggle for the survival of democracy in Nigeria, a struggle championed by NADECO that brought President Tinubu to political prominence. When President Obasanjo became the first beneficiary of this struggle, he designated May 29 as Democracy Day, a public holiday to commemorate the event. Later, the APC government under President Buhari changed Democracy Day to June 12, where it remains today. It is crucial to recognize that the existence of a parliament is fundamental to a democratic government of the people, by the people, and for…