Author: The Nation

  • Fubara appoints five special advisers 

    Fubara appoints five special advisers 

    The governor of Rivers State, Siminalayi Fubara, has approved the appointment of five special advisers.

    The governor in a statement signed by the Permanent Secretary, Ministry of Information, Dr. Honour Sirawoo, named the Eloka Tasie-Amadi, Prof. Peter Medee, Emmanuel Frank Fubara, Victor Ekaro, and

    Dr. Darlington Oji.

    The statement said the appointees would be formally sworn-in on Friday, January 2 at the Executive Council Chambers of Government House, Port Harcourt, at 12:00noon prompt.

    “Those to be sworn-in are expected to be seated by 11:30am”, the statement. 

  • JUST IN: Court halts enforcement of tinted glass permit policy

    JUST IN: Court halts enforcement of tinted glass permit policy

    A Federal High Court has issued an interim order restraining the Nigeria Police Force (NPF) from enforcing the Tinted Glass Permit policy across the country.

    The order is to remain in force pending the hearing and determination of a substantive suit before the court.

    The NPF had earlier announced on December 15, 2025, that enforcement of the policy would resume nationwide from January 2, 2026, as part of efforts to enhance public safety and internal security.

    However, in a statement issued on Thursday and signed by the Force Public Relations Officer, CSP Benjamin Hundeyin, the police disclosed that it was subsequently served with an interim court order in Suit No. HOR/FHR/M/31/2025. According to the statement, the order, issued on December 17, 2025, directed the police to suspend enforcement of the policy pending the hearing and determination of the suit or until the order is otherwise vacated.

    “In response, the Nigeria Police Force entered appearance in the matter, filed preliminary objections, and applied for the vacation of the interim order. The court has adjourned the case to January 20, 2026, for further proceedings.

    Read Also: Court declines request to stop Tax Laws’ take-off

    “In strict compliance with the subsisting court order and in line with constitutional provisions, the Nigeria Police Force has placed the enforcement of the Tinted Glass Permit policy on hold nationwide until the court reaches a decision.

    “The Inspector-General of Police, IGP Kayode Adeolu Egbetokun, reaffirmed the Force’s commitment to the rule of law while continuing to fulfill its core mandate of protecting lives and property”.

    The IGP assured that the Police will continue to adopt lawful and intelligence-driven strategies to tackle security challenges across the country.

    The Force also assured members of the public that further updates and clear guidance will be communicated as appropriate following the court’s determination, in the interest of public order and national security.

  • 2026: Oyebamiji’s posters, billboards flood Osun major towns

    2026: Oyebamiji’s posters, billboards flood Osun major towns

    • …as APC candidate urges residents to await progressive govt

    Posters and billboards of All Progressives Congress (APC) governorship candidate in Osun State, Asiwaju Munirudeen Bola Oyebamiji (AMBO), have appeared across strategic locations statewide, signaling his growing visibility ahead of the August 8, 2026 election.

    Speaking with newsmen on Thursday, Oyebamiji, whose campaign materials have prominently covered Osogbo, Ikire, Ede, Gbongan, Iragbiji, Ikirun, and other towns, congratulated the people on the New Year celebrations.

    He praised the resilience and patriotism consistently demonstrated by Osun residents since the state’s creation, assuring them of a people-focused, progressive government to be ushered in 2026.

    Read Also: Osun 2026: My victory is divinely guaranteed – Oyebamiji

    “As we all walk into the year of manifestation, let’s continue to champion the virtues of love, unity, sacrifice, resilience and peaceful coexistence that define us as a people and as a state. Let’s demonstrate high sense of Omoluabi as we approach election period. Let’s scale up our support for the current administration of President Bola Ahmed Tinubu as he continues to stimulate our economy and build a virile nation where everyone triumphs.

    “As the candidate of the Nigeria’s ruling party – the All Progressives Congress, APC, I am ever ready to lead our party and our people to victory come August 8th, 2026. My pact is to build a state, when elected governor, where every sector works for the benefit of all, regardless of our political, cultural and religious affiliations. Let’s rekindle our hope and set our state to the paths of sustainable growth and development.

    Also, Executive Director of Project Implementation at the Federal Housing Authority (FHA), Remi Omowaiye, disclosed that, “AMBO’s posters and billboards are across the state and I am using the opportunity to urge the ruling party to caution their errand boys who may want to damage them.”

  • Ghost mansions, hidden loot: Nigeria’s real estate of stolen wealth

    Ghost mansions, hidden loot: Nigeria’s real estate of stolen wealth

    Every year, Nigeria—and Africa at large—loses tens of billions of dollars to illicit financial flows, money that could fund schools, hospitals, and power infrastructure. Instead, much of it—up to 80 per cent—finds its way into a single, largely unregulated sector: real estate. In elite districts like Maitama, Asokoro and Guzape, ghost high-rises and opulent estates stand as monuments to misappropriated public funds, driving up property prices and deepening inequality. In this special report, OKWY IROEGBU-CHIKEZIE examines how corruption and weak oversight have turned Nigeria’s real estate sector into a vault for illicit wealth, while efforts to reclaim and redirect these assets for national development struggle to keep pace

    Throughout much of Nigeria and across the African continent, real estate has become synonymous with the 21st century’s version of a Swiss bank account—a tangible, highly valued asset class often used to launder funds derived from corruption and other illicit activities. In high-brow areas such as Maitama, Asokoro, and Guzape, so-called “ghost high-rises” stand out due to their sheer size and striking architecture, many complete with manicured lawns and 24/7 security. Yet, these buildings remain virtually empty, with at least 80 per cent of windows unlit throughout the day. While the average worker faces rent hikes of up to 50 per cent, these properties serve less as residential housing and more as physical “savings accounts” for Nigeria’s elite, a way for political leaders to convert stolen wealth into cement and steel, shielding it from the volatility of the naira.

    A notable example involves former Minister of Petroleum Resources, Diezani Alison-Madueke. In January 2025, the United States and Nigeria confirmed the repatriation of $52.88 million following a civil asset forfeiture case. Under the agreement, $50 million of the repatriated funds would be channeled through the World Bank to partly fund the Rural Electrification Project, improving the reliability and availability of renewable energy in Nigeria. The remaining $2.88 million would be granted to the International Institute for Justice (IIJ) to support its Rule of Law and Counter-Terrorism Project, which provides capacity building for criminal justice practitioners across East, West, and North Africa.

    Attorney General of the Federation and Minister of Justice, Lateef Fagbemi (SAN), emphasised that mechanisms had been put in place to ensure transparency and accountability, with periodic reporting to both Nigeria and the United States. The funds repatriated included the liquidated value of a $50 million luxury condo in New York and the $80 million yacht Galactica Star. Domestically, the EFCC secured the forfeiture of a $37.5 million fifteen-story building in Banana Island, Lagos, Bella Vista, comprising 18 flats and six penthouses. Investigators discovered the property was acquired through the shell company Rusimpex Limited, effectively parking tens of millions of dollars in a single real estate transaction while millions of Nigerians struggled to secure housing.

    The case of former Delta State Governor James Ibori illustrates the international dimension of real estate money laundering. Ibori pled guilty in the UK to money laundering and fraud, maintaining a real estate portfolio that included six luxury properties in London, as well as holdings in Washington, D.C., Houston, Texas, and Johannesburg, South Africa. Despite earning around $25,000 as governor, he was pursuing a $20 million private jet at the time of his arrest in the UAE. In October 2023, a UK court ordered Ibori to repay over £100 million within 18 months or face an additional eight-year prison term. This case highlights how money initially intended for regional development in Nigeria was diverted into high-value, non-productive assets abroad.

    In 2024, the EFCC secured one of Nigeria’s largest asset recoveries in Abuja—a 753-unit duplex/apartment complex acquired with corrupt proceeds by a former senior government official. Located in Abuja’s most prestigious neighborhoods, these properties, like many others seized, were rarely occupied, and never served public housing needs. Alongside this, the EFCC and ICPC recovered more than N277 billion and $105 million in 2024, much of it in tangible real estate assets. Similarly, former Chief of Air Staff Alex Badeh forfeited $1 million alongside multiple properties in prime Abuja locations.

    Even when recovered, these assets often remain underutilised, perpetuating a “warehousing” effect that continues to hinder economic progress. For example, former Inspector General of Police Tafa Balogun was ordered to forfeit N13 billion in assets, including several plazas and residential buildings in commercial districts of Abuja. Subsequent investigations revealed that some of these properties, such as Yashua and Shakir Plazas, were sold at prices far below market value through opaque auctions to unregistered companies. This underscores a troubling secondary issue: without a transparent disposal process, recovered real estate can be reabsorbed by elites rather than being repurposed to address the housing needs of the less privileged.

    These cases collectively demonstrate how real estate in Nigeria has become both a repository for illicit wealth and a barrier to social equity. While high-end properties in areas like Maitama, Asokoro, Guzape, and Banana Island symbolise status and financial security for the elite, they starkly contrast with the housing scarcity and rising rents experienced by ordinary Nigerians. The misuse of real estate as a tool for laundering corrupt wealth, coupled with inadequate transparency in asset recovery and disposal, continues to exacerbate inequality and limits the broader economic benefits that these assets could provide.

    The ongoing efforts by the EFCC, ICPC, and international partners to repatriate and redistribute corruptly acquired funds signal progress, but the challenge remains significant. The physical and financial concentration of wealth in unproductive real estate continues to impact both housing affordability and national economic development. Comprehensive reforms, including transparent asset disposal mechanisms and reinvestment strategies targeting public benefit, are critical to ensuring that recovered wealth translates into tangible improvements in the lives of Nigerians.

    Read Also: Real estate firm rewards top realtors with cars at year-end celebration

    ICPC has repeatedly warned that high-end property development in Nigeria often functions as a front for illicit financial flows. In public testimonies, the commission has highlighted how corrupt public officials acquire sprawling estates under false names to conceal the illegal origins of their wealth. This practice is facilitated by weak property title documentation, lack of enforcement of beneficial ownership standards, and gaps in regulatory oversight. The ICPC has even launched investigations into the proliferation of “unoccupied estates” in cities like Abuja, Lagos, and Port Harcourt. These properties, largely empty, are rarely intended to house residents; instead, they serve as secure repositories for stolen wealth.

    The scale of the problem is stark. In one enforcement action, the commission recovered 241 houses from a single public official. Another investigation involved 60 buildings situated on a single large plot of land. In a separate case, the ICPC secured the forfeiture of N2.4 billion and several properties linked to former PPMC chief Haruna Momoh. Investigations revealed that Momoh’s wife operated accounts holding millions in both local and foreign currencies, which were then used to acquire luxury duplexes in Abuja’s upscale Olympia Estate. These cases reflect a broader pattern: the use of real estate as a vehicle to convert illicit cash into durable, high-value physical assets.

    This phenomenon is not confined to Nigeria. Organised crime groups across Europe have employed similar strategies, purchasing luxury villas in locations such as Spain’s Costa del Sol. By paying part of the property price in cash derived from illicit sources, these actors convert liquid illicit funds into tangible assets that appreciate over time while avoiding the digital trail inherent in conventional banking systems.

    Within Nigeria, the construction sector often acts as the “layering” phase of money laundering. Corrupt officials frequently control construction firms that secure government contracts, inflating bills for labor and materials. The excess funds are then redirected into lavish private estates, functioning as slush funds. For instance, the ICPC recently confiscated 12 properties from construction firm director Ochuko Momoh, including luxurious mansions in Maitama and unfinished estates in Katampe. The commission noted that the assets were grossly disproportionate to her reported earnings, suggesting that the construction company served primarily as a vehicle for laundering public funds.

    The United Kingdom has witnessed similar practices. Former Delta State Governor Ibori employed a complex network of shell companies and professional facilitators in London to manage a construction and property portfolio funded by embezzled state funds. Money pilfered from the Delta State treasury was funneled through multiple accounts, making it appear as legitimate business income. This method relies on a sophisticated system involving anonymous shell companies, off-the-record cash transactions, and the strategic use of construction projects to artificially inflate costs. Even as transparency laws are being strengthened in Nigeria, the battle between regulators and politically connected elites remains fierce. Cash remains the preferred vehicle for the initial stages of laundering, often channeled into real estate through Bureau De Change operators or other intermediaries.

    The effects of this practice on the broader housing market are significant. When a corrupt official acquires multiple luxury units through a shell company, they are willing to overpay to move large sums of cash quickly. This inflates land prices and construction costs throughout the city. Developers, noticing the lucrative returns from high-end projects, often shift focus away from affordable housing and toward properties designed to store illicit capital. These empty buildings—sometimes called “warehouses for cash”—are rarely intended for tenants. Keeping them vacant allows owners to avoid the obligations and scrutiny that come with rental management. Even with the government’s planned rollout of the “Persons with Significant Control” (PSC) register in late 2025, wealthy individuals continue to use proxies or “straw men” to hide multi-billion-naira assets.

    The laundering of African slush funds extends far beyond Nigeria. Investigative reports, including Transparency International and the Center for Advanced Defence Studies (C4ADS), have traced billions meant for public infrastructure and healthcare into luxury real estate markets across the globe. Dubai, London, and South Africa have emerged as key destinations for this wealth. C4ADS’s report “Sandcastles” revealed that at least 800 properties in Dubai are directly linked to Nigerian politically exposed persons (PEPs), their families, or proxies. Dubai’s luxury real estate market, with its tolerance for cash transactions and high levels of ownership anonymity, has effectively become a “physical bank” for Africa’s elite. While local populations face acute housing shortages, these officials acquire properties they seldom occupy, using them to safeguard illicit wealth against scrutiny and currency fluctuations.

    London has long been a repository for African slush funds. According to the “Pandora Papers,” at least 230 UK properties, collectively valued at £350 million, were purchased secretly through corporate entities registered in the British Virgin Islands and Seychelles. Similarly, the United States has seized luxury properties purchased with illicit African funds. Former Nigerian governor Diepreye Alamieyeseigha, for example, used stolen oil revenues to acquire a home in Rockville, Maryland, alongside multiple properties in London. More recently, the US Department of Justice sold luxury New York condos linked to former Petroleum Minister Diezani Alison-Madueke for $50 million. These seizures demonstrate that even the most carefully constructed “cash warehouses” can be dismantled through coordinated international action, although for every seized property, hundreds remain hidden behind complex webs of shell companies.

    Analysts have identified a clear pattern in real estate money laundering: placement, layering, and integration. Placement begins with the injection of cash or Bureau De Change funds into land purchases or large construction projects. Layering involves transferring property titles through shell companies and proxies to obscure the true source of funds. Integration occurs when the property is sold years later, or when rental income—now “clean”—enters the economy. This cycle distorts housing markets, as overpaid land drives up costs and reduces availability for genuine low- and middle-income buyers. In effect, properties are constructed not for habitation but as instruments to store wealth, exacerbating Nigeria’s housing crisis.

    The consequences of this systemic practice are profound. While the political elite amass luxury assets both locally and abroad, ordinary Nigerians face skyrocketing rents and limited housing options. Corrupt real estate practices divert resources from public infrastructure, education, and healthcare into private wealth accumulation. Even recovered assets, such as confiscated apartments and luxury estates, often remain underutilized or are sold through opaque processes, sometimes returning to elite hands instead of being redeployed for social benefit. This “warehousing” of wealth underscores the urgent need for enhanced enforcement, robust transparency laws, and global collaboration to ensure that ill-gotten real estate is not merely recycled among the wealthy but contributes to equitable national development.

    Industry responses to corruption and money laundering in real estate

    Recent recoveries by the EFCC have amplified concerns about the use of luxury real estate as a vehicle for illicit wealth. Over the years, high-end properties have been linked to politically exposed individuals and senior civil servants, many of whom allegedly use real estate to shield ill-gotten gains. In response, estate management professionals are calling for stronger institutional frameworks and regulatory oversight to prevent abuse in the sector.

    Addressing the issue, Otunba Sola Enitan, Estate Surveyor and Valuer, and Chairman of the Board of Trustees of the Society for Professional Valuation (SPV), emphasised that corruption and money laundering pose significant threats to economic growth. “For any country to thrive economically, we must tackle corruption and money laundering head-on,” Enitan stated. “The impact of laundering proceeds through real estate, without proper oversight, is staggering.” He underscored the need for enhanced management standards, aligned with international best practices, alongside stronger legislative protections governing financial transactions.

    Enitan advocated that public officials be required to declare assets both before assuming office and after leaving, with independent verification by the ICPC. “Public officials must declare their assets at the start and end of their terms, and these declarations should be publicly accessible,” he said. He further called for thorough pre- and post-construction development appraisals to prevent over-invoicing and under-invoicing, practices commonly used to launder money. Procurement officers in both the public and private sectors, he noted, should be held accountable through professional certification and adherence to strict ethical standards.

    The SPV chairman also recommended the establishment of a national online land registry, collaboratively managed by the EFCC and the Nigerian Financial Intelligence Unit (NFIU), as a tool to increase transparency and accountability in the real estate sector. On the matter of asset declaration, he urged the Code of Conduct Bureau (CCB) to be more proactive in ensuring compliance by politically exposed persons and civil servants, emphasizing that only qualified Estate Surveyors and Valuers are professionally and legally equipped to handle asset declaration and valuation.

    Regarding vacant luxury properties, Enitan suggested heavy taxation of unoccupied units. “Because the funds used to procure many of these properties are proceeds of crime, owners often let them lie idle,” he said. “Government should impose substantial taxes on such properties to raise revenue and discourage misuse of wealth.” He warned that unchecked corruption could destabilise the financial sector, create market distortions, and discourage genuine investment in real estate.

    Isaac Fabuiyi, another Estate Surveyor and Valuer, highlighted the legal obligations of practitioners under anti-money laundering regulations. Professionals are required to register with the Special Control Unit against Money Laundering (SCUML) for transactions exceeding legally approved thresholds. “The EFCC law mandates reporting of any transaction above a certain limit,” Fabuiyi explained, adding that non-disclosure by clients remains a major challenge. “While it’s not our direct responsibility to report clients, we must take precautions to prevent illicit funds from entering the system through our services.”

    Government officials have also acknowledged the urgent need for reform. Barakat Odunuga-Bakare, Special Adviser to the Lagos State Governor on Housing, stressed the pivotal role of government in modernising real estate laws and regulations. Speaking at the inaugural conference of Female Lawyers in Real Estate Practice (FELIREP), themed “The Missing Gap: Absence of Revised Laws, Rules, Regulations, Policies, and Effective Monitoring on Emerging Trends in the Nigerian Real Estate Market,” she warned that outdated legislation could undermine transparency and sustainability.

    “Lagos is a rapidly growing commercial hub, and the real estate market remains a vibrant force in the national economy, attracting investors seeking diversification and steady returns,” Odunuga-Bakare noted. “To ensure continued growth, it is imperative to actively review and update real estate laws, rules, regulations, and policies, while establishing effective monitoring mechanisms.” She highlighted the role of the Lagos State Real Estate Regulatory Authority (LASRERA) in registering practitioners and enforcing compliance, noting that technological innovations such as the E-GIS digital system and the state’s land administration portal have strengthened accountability.

    The United Nations Development Programme (UNDP) commemorates International Anti-Corruption Day every December 9, encouraging global leaders to participate in combating corruption. The EFCC similarly marks the day as part of ongoing efforts to raise awareness, emphasising that public cooperation is essential to support investigations and enforcement. During a panel session on industry roles in regulating the market and addressing legal barriers in real estate development, Edward Akinlade, Group Managing Director of SURU Homes, drew comparisons between approval processes in Nigeria and the United Kingdom. He noted that project approvals in Nigeria are often slower and less efficient, creating opportunities for corruption. Akinlade advised industry participants to rely on professional services to reduce malpractice and enhance accountability.

    Panelists agreed on the urgent need for legislative reforms to foster sustainable development, enhance market credibility, and align Nigeria’s real estate sector with global best practices. Collectively, these measures—from stricter asset declarations and pre-construction appraisals to technological innovations and robust anti-money laundering compliance—are seen as essential to protecting the integrity of the sector, ensuring fair market operations, and preventing the real estate market from becoming a haven for illicit wealth.

    Security votes turned Governors’ slush funds

    The EFCC Chairman, Ola Olukoyede, has raised serious allegations against certain state governors, claiming they are siphoning billions of naira from monthly security votes. Speaking at the annual lecture organised by the Honorary Members’ Forum of the Nigerian Air Force Officers’ Mess at Sam Ethnan Air Force Base in Ikeja, Lagos, Olukoyede stressed that corruption is the “real elephant in the room” fuelling Nigeria’s rising insecurity.

    He revealed that stolen funds intended for security and poverty alleviation are often diverted into foreign currency accounts or fake investments, rather than being used to strengthen security infrastructure. Referencing the ongoing case against Willie Obiano, former governor of Anambra State, Olukoyede disclosed that the EFCC discovered over N4 billion in misappropriated security votes. “State governors collect billions each month as security votes without accountability,” he said. “Instead of investing in security systems, these resources are often converted into foreign currency and sent abroad. Had these funds been used properly, the security situation in Anambra and neighbouring states would be far better.”

    Olukoyede also criticised issues with military procurement, highlighting the notorious $2.1 billion arms scandal, and noted how flawed economic models perpetuate poverty, particularly in northern Nigeria. He cited other cases, including a former accountant-general accused of stealing over N109 billion and stalled power projects plagued by bribery allegations. On the EFCC’s achievements, he noted that the agency recovered N566.3 billion between 2024 and 2025, including a record seizure of 753 properties, contributing to economic stability by curbing illicit financial flows.

    Experts warn that the influx of such “slush funds” into property development is also driving up housing costs. Dr. Bennett Muhammad Doro, member of the governing council of the Institute of Mortgage Brokers and Lenders of Nigeria (IMBLN), told Channels TV that money laundering through real estate makes it nearly impossible for the average worker to access affordable housing. “Competition fuelled by illicit funds inflates property prices,” he said. Doro highlighted ongoing IMBLN efforts to professionalize and clean up the sector, collaborating with the EFCC and the Independent Corrupt Practices and Other Related Offences Commission (ICPC) to prevent property being used to hide stolen public funds or finance terrorism. “Cleaning up the industry is not just a legal obligation but a human rights issue,” he stressed.

    Transparency measures are proving critical. Arctic Intelligence, in its report “The Role of Beneficial Ownership Registers in Combating Financial Crime,” noted that registries and digital land titles help expose the real individuals behind companies and assets, curbing anonymous transactions. Examples from the United Kingdom, where the People with Significant Control (PSC) register revealed misuse of Scottish Limited Partnerships, and the United States, under the Corporate Transparency Act (CTA), demonstrate how disclosure requirements deter money laundering. Digitised land records, according to a World Bank study covering 37 economies, can reduce property transfer times by nearly 40 per cent while linking ownership to real individuals, enabling authorities to trace illicit funds hidden in complex structures. As calls for accountability grow, experts insist that stricter enforcement of anti-money laundering laws, transparent property registries, and professional oversight are essential to ensure public funds reach their intended purpose and prevent the exploitation of Nigeria’s real estate market by corrupt actors.

  • Nigeria’s death row dilemma: Crushing cost of indecision

    Nigeria’s death row dilemma: Crushing cost of indecision

    While some countries have abandoned the death penalty as punishment for certain offences, Nigeria has remained undecided on the issue, with governors increasingly reluctant to sign death warrants – a development that comes with grave costs to convicts and the states, writes Assistant Editor ERIC IKHILAE.

    A man convicted of murder sits in a narrow cell, counting days that never end.

    The law says he should be hanged.

    The courts have spoken, finally. Yet years pass, governors hesitate, and the rope never comes.

    Across Nigeria’s prisons, thousands of condemned inmates exist in this limbo, suspended between life and death by political caution and legal ambivalence.

    Their sentences are neither carried out nor lifted; instead, they wait – forgotten, restless, and costly to the state.

    Nigeria retains the death penalty on its statute books, pronouncing it in open court with grim finality. Judges pass the ultimate sentence, citing the Constitution and criminal codes.

    But when the time comes to enforce those judgments, state governors step back, unwilling to sign death warrants or commute sentences.

    The result is a silent crisis: overcrowded prisons, broken justice timelines, psychological torment for inmates, and a system accused of cruelty through indecision.

    From high-profile cases like Reverend King and Maryam Sanda to lesser-known convicts across the country, the pattern is the same. Courts condemn. Appeals end. Executions stall.

    What remains is a swelling death row population and a country unsure whether it believes in capital punishment or merely pretends to.

    As Nigeria debates morality, politics and human rights, the cost of hesitation grows, paid in overcrowded cells, strained public funds, and lives trapped in perpetual uncertainty.

    The Supreme Court, in affirming the death sentence for murder handed to General Overseer of the Lagos-based Christian Praying Assembly, Chukwuemeka Ezeugo (a.k.a. Reverend King) by two lower courts, noted the grievous nature of the convict’s conduct.

    In the lead judgment of the unanimous decision of a five-man panel delivered in February 2016, Justice Sylvester Ngwuta observed that the facts of the case were akin to scenes from horror movies, stating: “The facts of the case could have been lifted from a horror film.”

    Ezeugo was first convicted by the High Court of Lagos State on January 11, 2007, and sentenced to various prison terms, including death by hanging, on a six-count charge of attempted murder and murder.

    He was found guilty of setting ablaze six members of his church in 2006. One of the victims, Ann Uzoh, later died from the effects of the fire.

    The Court of Appeal, Lagos Division, affirmed the judgment of the High Court in a decision delivered on February 1, 2013.

    Ezeugo has since remained on death row in one of the nation’s correctional facilities.

    Similarly, in its judgment of December 12, 2025, the apex court noted that an Abuja-based housewife, Maryam Sanda, acted deliberately when she killed her husband.

    In the lead majority judgment of a four-to-one split decision, Justice Moore Adumein noted the concurrent findings of the two lower courts that the deceased was intentionally killed by the appellant (Sanda), who had a premeditated plan to murder him.

    Sanda was convicted and sentenced to death by hanging by a High Court of the Federal Capital Territory (FCT) in a judgment delivered on January 27, 2020, for killing her husband, Bilyaminu Bello, during a domestic dispute.

    The decision was upheld by the Court of Appeal, Abuja Division, in a judgment delivered on December 4, 2020.

    Sanda has been on death row since the initial conviction by the trial court.

    A High Court of Nasarawa State, sitting in Lafia, on June 26 convicted and sentenced Oluwatimileyin Ajayi to death by hanging for the gruesome murder of a National Youth Service Corps member, Salome Adaidu, whom he claimed was his girlfriend.

    Justice Simon Aboki, in his judgment, found Ajayi guilty of culpable homicide for killing and dismembering the victim.

    Justice Aboki held that the prosecution proved its case beyond a reasonable doubt that the convict killed the victim at his residence.

    Ajayi is currently on death row.

    An Ogun State High Court sitting in Kobape, Abeokuta, on February 3, 2025, sentenced three men – Lekan Adekanbi, Ahmed Odetola, and Waheed Adeniyi – to death by hanging for the murder of Kehinde Fatinoye, his wife Bukola Fatinoye, and their son, Oreoluwa, on January 1, 2023.

    The couple was attacked at their Ibara GRA residence shortly after returning from a crossover service at their church.

    Led by their driver, Adekanbi, the convicts invaded the deceased’s home at about 2 a.m., killing them before setting the house and their bodies on fire.

    The convicts also tied up their son, Oreoluwa, and an adopted son before throwing them into the Ogun River.

    What binds these four cases is that the courts found that all the convicts committed heinous offences for which they were to die by hanging, as provided under the Penal Code and the Criminal Code.

    Read Also: Alesh Sanni queries sincerity of colleagues’ online tributes after Allwell Ademola’s death

    The death penalty is also sanctioned under Section 33 of the Constitution.

    The difference, however, lies in the fact that Ajayi, Adekanbi, Odetola, and Adeniyi are yet to exhaust their rights of appeal to the apex court, should they choose to do so.

    By contrast, Ezeugo and Sanda have fully exhausted their rights of appeal, thereby paving the way for the relevant authorities to execute the judgments directing that they be put to death by hanging.

    However, since culpable homicide and related offences are state crimes, the duty of implementing such judgments rests with state governors.

    Unfortunately, the recent trend has been that governors, who swore to uphold the Constitution and obey the laws of the land, have become reluctant or unwilling to sign death warrants or take other necessary steps in respect of death row inmates.

    Exemption from death penalty provisions

    Nigeria’s laws provide certain exceptions to the application of the death penalty.

    These include cases involving pregnant women and young persons.

    The law provides that where a pregnant woman is convicted of a capital offence, a sentence of death shall not be passed on her; rather, she may be sentenced to life imprisonment.

    This provision is intended to prevent the unborn child from suffering punishment for the offence of the mother.

    Under the Children and Young Persons Act 1994, a young person is defined as a person who has attained the age of 14 years and is under 18 years.

    Where such a person is convicted of an offence punishable by death, the law provides that the death sentence shall not be pronounced or recorded; instead, the convict shall be detained at the pleasure of the President or the Governor, as the case may be.

    The Supreme Court has, however, rejected attempts to extend this protection to nursing mothers.

    The apex court made this distinction in its recent decision in the Sanda case.

    Her lawyer had argued, among others, that Section 221 of the Child Rights Act, 2003 precludes a trial court from sentencing a nursing mother to death if she was nursing at the time of conviction and sentencing.

    Justice Adumein rejected the argument, holding that “the principal intendment of the Child Rights Act, 2003 is the protection of the rights of the Nigerian child.”

    He stated that it was “clearly not the intention of the lawmakers that the Act be used as a legal shield preventing an expectant or nursing mother from criminal prosecution or criminal liability.”

    He further held that “any purported non-compliance with Section 221(2) of the Act cannot be a tool for exculpating a Nigerian mother from the consequences of committing serious offences such as armed robbery, culpable homicide punishable with death or murder.”

    The state of death row inmates

    According to data from the Nigerian Correctional Service (NCoS), 3,688 inmates were on death row across the country as of March 2025.

    The Comptroller-General of the NCoS, Sylvester Nwakuche, disclosed this while appearing before the Senate on March 13, 2025.

    He said the figure rose from 3,590 in September 2024 to 3,688 in March 2025, contributing significantly to prison congestion.

    Nwakuche blamed the situation on governors’ failure to act.

    He said: “State governors are part of our challenges. They refuse to execute inmates on death row, and they also refuse to commute death sentences to life imprisonment.”

    He added that commuting the sentences would allow the redistribution of inmates to less congested rural facilities.

    The last execution in Nigeria occurred in 2016, when three men were hanged for murder and armed robbery during the tenure of former Edo State Governor Adams Oshiomhole.

    Despite criticisms, Oshiomhole defended his action as fulfilling his constitutional duty.

    He said: “The day I was sworn in, I subscribed to obey the Constitution of the Federal Republic of Nigeria.”

    Since then, while courts continue to impose death sentences, governors’ refusal to sign death warrants has resulted in a de facto moratorium.

    Argument against death row

    The debate over the retention or abolition of the death penalty has persisted for decades.

    Opponents argue that executing offenders amounts to multiplying sorrow in society, as homicide creates loss, while execution compounds it.

    Unlike countries that have abolished the death penalty, Nigeria remains ambivalent—retaining the law while refusing to enforce it.

    Is the country confused?

    Nigeria’s indecision is evident in conflicting positions between the Federal Government and the states.

    While some states prescribe death for kidnapping, the Federal Government has opposed capital punishment for such offences.

    Attorney-General of the Federation, Lateef Fagbemi (SAN), voted against capital punishment for kidnapping during a Senate hearing.

    He warned of a “martyrdom effect” and international consequences, noting that Nigeria’s counterterrorism cooperation could be weakened.

    He added: “Our problem is not that punishments are not severe enough. It is that arrests are uncertain, investigations are weak, and prosecutions are slow.”

    Costs of Nigeria’s ambivalence

    NCoS spokesman Umar Abubakar said prolonged death row incarceration poses psychological and management challenges.

    Former FCT Chief Judge, Justice Ishaq Bello, warned that governors’ inaction indirectly encourages crime.

    Lawyer James Barkou described prolonged death row incarceration as double jeopardy, arguing that it violates inmates’ constitutional rights.

    Governors’ action as abdication

    According to law experts, the continued refusal by state governors to execute death penalty judgments, while the provision remains part of the nation’s laws, amounts to an abdication of their responsibility under the law.

    President of the Centre for Socio-Legal Studies (CSLS), Professor Yemi Akinseye-George (SAN), said it amounts to abdication of responsibility where governors fail to implement a judgment prescribing a death sentence.

    For Musibau Adetunbi (SAN), keeping convicted persons perpetually on death row was inhuman as it results in mental torture for such a convict.

    He believes it was necessary for governors to either sign their death warrants or convert them to life imprisonment.

    Barkou argued that governors’ refusal to sign death warrants of convicted criminals was unconstitutional and was an attempt to blackmail the judges.

    He noted that by refusing to sign death warrants for those convicted of capital offences, the governors had run against the constitution, which they swore to protect.

    He said: “The refusal or reluctance of governors to sign the death warrant amounts to blackmailing the Judiciary and it is a way of disobeying the Constitution which they have sworn to protect.”

    This position is amplified by Abdullahi Abaoki, an Abuja-based lawyer, who argued that the signing of death warrants by the governors was part of the oath they took while being inaugurated.

    According to Abaoki, by constitutional provision, the governors had committed an impeachable offence by their failure to execute death sentence judgments.

    What option exists?

    According to Adetunbi, the option available to the country, if it remains uncommitted to retaining the death penalty, is for the National Assembly to amend the Constitution to replace the death sentence with life imprisonment, since the governors are unwilling to sign the death warrants.

    Barkou said: “My take is that we must decide between the death sentence and life imprisonment, which should be the maximum penalty for capital offences.”

    He argued that the country could not afford to sit on the fence on the issue, adding: “There should be no middle ground.

    “It is defeatist to create laws that inherently circumvent their own enforcement through detailed technicalities and enforcement reluctance, as we could see with respect to laws concerning the death sentence.”

  • How policy gaps keep Nigeria dependent on petrol imports

    How policy gaps keep Nigeria dependent on petrol imports

    Nigeria’s persistent dependence on imported petrol has become one of the most expensive contradictions in its energy economy. Despite vast crude oil reserves and growing domestic refining capacity, billions of dollars continue to flow abroad each year, draining public finances and foreign exchange. This paradox has intensified scrutiny of regulators and policymakers, with stakeholders demanding decisive reforms that prioritise local refining, restore competitiveness, and finally break the cycle of import dependency, reports Assistant Editor MUYIWA LUCAS

    The call on the country’s newly appointed petroleum sector regulators to make domestic refining and crude oil production top priorities is well founded. For several years, petrol importation has remained a major drain on public finances, costing the government an estimated $18 billion over the past five years alone.

    In setting expectations for the new appointees, stakeholders across the oil and gas industry have been unequivocal in their demand that this trend be reversed, warning that it has become a cankerworm eating deep into the economy. The Chief Executive Officer of the Centre for the Promotion of Private Enterprise, Dr. Muda Yusuf, was particularly forthright, cautioning that failure to decisively address the issue would further entrench Nigeria’s dependence on fuel imports and deepen its economic vulnerabilities. He urged both the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) and the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) to pursue policies that reduce import reliance, expand domestic capacity, and attract sustained investment into the oil and gas sector.

    According to Yusuf, strong and deliberate support for domestic refining must be treated as an immediate and non-negotiable priority in the downstream segment. He argued that government policy should clearly favour locally refined petroleum products through targeted fiscal, regulatory, and infrastructural incentives for both public and private refineries, while actively encouraging new investments in refining capacity. “Nigeria must end the current distortion whereby imported petroleum products are made to compete with locally refined products under unequal regulatory and fiscal conditions. This does not constitute fair competition. Genuine competition only exists when all operators function within the same policy, tax, and regulatory environment,” he noted.

    Yusuf stressed that the argument goes beyond investor protection to the heart of Nigeria’s long-term economic interests. A strong domestic refining base, he said, is fundamental to building a resilient, energy-secure, and economically sovereign nation. It is also critical for job creation, foreign exchange conservation, macroeconomic stability, and the development of export-oriented refining capacity. More importantly, he described domestic refining as a key pathway to backward integration and resource-based industrialisation. By strengthening refineries, Nigeria also reinforces its petrochemical, fertiliser and allied industries, creating broader industrial value chains capable of driving inclusive and sustainable growth.

    These submissions are reinforced by public affairs analyst Mayowa Sodipo, who described it as a “paradox” that Nigeria continues to export crude oil while importing refined petrol. This anomaly, he noted, was precisely what the Dangote Refinery was designed to address by boosting local output and conserving foreign exchange. While he acknowledged that the cost of petrol imports places immense pressure on the country’s foreign reserves, Sodipo also observed that prevailing market realities can, at times, make fuel imports unavoidable. “Although policies such as the Petroleum Industry Act are intended to promote local refining, significant challenges remain in implementation, transparency, and in balancing incentives for domestic production with the demands of market competition,” he said.

    The rising burden of fuel imports

    For several years, the cost of petrol importation has remained a major drain on Nigeria’s resources, particularly its foreign exchange. In the first half of 2025 alone, petrol imports cost the country about N4 trillion, with an additional N1.28 trillion recorded in the third quarter of the year. Data from the National Bureau of Statistics (NBS) show that Nigeria imported N1.76 trillion worth of petrol in the first quarter of 2025. This figure rose sharply to N2.3 trillion in the second quarter, before moderating to N1.28 trillion in the third quarter, bringing total petrol import spending for the first nine months of the year to N5.28 trillion. Figures for the fourth quarter are yet to be released.

    A review of petrol import expenditure over the past four years reveals a persistent and escalating trend. In 2020, Nigeria spent N2.01 trillion on fuel imports. By 2021, this figure had more than doubled, rising by 126.9 per cent to N4.56 trillion amid growing import dependence and global price volatility. The upward trajectory continued in 2022, with costs surging by 69.1 per cent to N7.71 trillion, driven largely by higher international crude prices. Although petrol import spending dipped marginally by 2.6 per cent to N7.51 trillion in 2023, the reprieve was short-lived. In 2024, the figure spiked dramatically by 105.3 per cent to N15.42 trillion—the highest on record—largely reflecting the sharp depreciation of the naira against the US dollar.

    Economists argue that this sustained reliance on petrol imports has continued to undermine the domestic economy. Beyond the pressure it places on foreign exchange reserves, import dependence effectively exports jobs, supporting employment in refining countries while stifling opportunities within Nigeria. This concern is reinforced by an analysis conducted by Statisense, an AI-driven data analytics firm specialising in financial report analysis. The study revealed that in 2023, Nigeria spent approximately $18.7 billion importing petroleum products, including premium motor spirit (PMS), from about 20 countries, several of them within Africa. From just eight African countries, Nigeria spent an estimated $243 million on petroleum imports.

    The data further highlight striking trade imbalances. Petroleum imports from Malta alone surged by $2.03 billion to $2.08 billion in 2023, compared with just $47.5 million in 2013. NBS data show that in the third quarter of 2023, Malta ranked among Nigeria’s top five import sources. During that period, Nigeria imported goods worth $561.37 billion from Malta, with petroleum products accounting for roughly one-third of total imports. Overall, petroleum imports were valued at about $36 trillion in 2023, with petrol accounting for approximately 21 per cent of total imports.

    However, figures from Trade Map, an online trade statistics database managed by the International Trade Centre (ITC)—a joint agency of the United Nations and the World Trade Organisation—present a slightly different picture of import origins. According to the platform, Nigeria’s largest petrol imports in 2023 came from Togo, valued at $109.3 million, and Tunisia, at $104.35 million. Taken together, these statistics underscore Nigeria’s continued dependence on imported fuel, despite ongoing efforts to expand local refining capacity. Analysts attribute this persistence to a combination of supply chain inefficiencies, demand–supply mismatches, and delays in refinery ramp-up, all of which continue to constrain the transition to self-sufficiency.

    Why the preference for importation persists

    Stakeholders in the oil and gas sector argue that Nigeria’s continued preference for petrol importation is rooted in decades of underinvestment, operational inefficiencies, and policy inconsistency within the domestic refining industry. The result has been chronically low local output, compounded by a persistent foreign exchange crisis that, at times, makes imported fuel appear more competitive—even with the entry of the Dangote Refinery. These factors have combined to create a complex mix of market distortions, logistical constraints, and regulatory hurdles that keep the country reliant on foreign supplies, despite long-standing aspirations for self-sufficiency.

    Nigeria’s state-owned refineries, in particular, have consistently underperformed due to poor maintenance regimes and obsolete technology, leaving them unable to meet national demand. In addition, fuel marketers often find it more economical or operationally convenient to source refined products from international markets, especially when domestic production costs, transportation challenges, or supply-chain inefficiencies undermine the competitiveness of locally refined fuel.

    Despite these challenges, Nigeria’s refining landscape has expanded significantly in recent years. The country currently has 30 licensed modular refineries, of which five are operational and producing products such as diesel, kerosene, black oil, and naphtha. About 10 others are at various stages of completion, while the remaining have received licences to establish.

    Read Also: Aviation, Petroleum ministries to stop use of papers

    Modular refineries are compact, skid-mounted processing plants designed for rapid deployment and lower capital costs. Using simplified refining processes—primarily distillation—they produce essential fuels and offer a flexible, decentralised alternative to large conventional refineries. Their growth is intended to enhance energy security, reduce transportation costs, and bring refining capacity closer to crude oil production sites. The operational modular refineries include Waltersmith Refining and Petrochemical Company (5,000 barrels per day), Aradel Refinery (11,000 bpd), OPAC Refinery (10,000 bpd), Duport Midstream Refinery (2,500 bpd), and Edo Refinery (6,000 bpd).

    On a larger scale, Nigeria’s conventional refineries form the backbone of its historical refining capacity. The Kaduna Refining and Petrochemical Company (KRPC), established in 1980 at a cost of $525 million, was designed to supply petroleum products to Northern Nigeria. Initially built with a capacity of 50,000 bpd, it was expanded in stages to reach a peak capacity of 110,000 bpd by 1986.

    The Old Port Harcourt Refinery, commissioned in 1965 with a capacity of 60,000 bpd, was constructed at a cost of approximately £12 million by Shell BP. While it operated above 50 per cent capacity in its early years, output declined steadily from the 1990s. In March 2021, the Federal Government awarded its rehabilitation contract to Italy’s Tecnimont SPA. By December 2024, the Minister of State for Petroleum Resources, Senator Heineken Lokpobiri, announced the mechanical completion and flare start-up of the facility.

    The New Port Harcourt Refinery, commissioned in 1985 at a cost of $850 million, added 150,000 bpd to national capacity, bringing the combined Port Harcourt refining capacity to 210,000 bpd. Similarly, the Warri Refinery and Petrochemical Company (WRPC), commissioned in 1978, is a complex conversion refinery with a nameplate capacity of 125,000 bpd. The facility includes a petrochemical plant commissioned in 1988, producing polypropylene and carbon black, and supplies markets across southern and southwestern Nigeria.

    Among private operators, Waltersmith Refining and Petrochemical Company in Imo State began operations in 2020 with a capacity of 5,000 bpd and has announced plans to scale up to 50,000 bpd in the coming years. The most significant addition to Nigeria’s refining capacity is the Dangote Refinery, a 650,000-bpd integrated facility located in the Lekki Free Zone, Lagos. Built at a cost of about $20 billion, the refinery was commissioned in May 2023. Crude processing began in December 2023, with refined products supplied to domestic and international markets from May 2024.

    Other notable projects include the Azikel Refinery, a 12,000-bpd modular hydro-skimming refinery under development in Yenagoa, Bayelsa State, designed to process Bonny Light crude and Gbarain condensate. The Ogbele Refinery, which started operations in 2012 as a 1,000-bpd topping plant, has since expanded into an 11,000-bpd, three-train facility producing diesel, kerosene, naphtha, and fuel oil. The Edo Refinery and Petrochemical Company, owned by AIPCC Energy, operates in two phases with capacities of 1,000 bpd and 5,000 bpd, and plans a further expansion to 12,000 bpd. Additional modular refineries include Duport Midstream in Edo State, OPAC Refinery in Delta State, and the Aradel modular refinery in the Niger Delta, which produces a range of middle distillates and fuel oils.

    The rehabilitation of state-owned refineries and the completion of the Dangote Refinery were widely expected to usher in an era of fuel self-sufficiency and significantly reduce Nigeria’s dependence on imported petroleum products. However, despite these developments, large volumes of refined fuel continue to be imported.

    Industry experts attribute this gap between capacity and reality to persistent operational challenges, delayed ramp-up schedules, pricing dynamics, and regulatory constraints. Nonetheless, stakeholders maintain that Nigeria’s expanding refining infrastructure remains critical to achieving long-term energy security. With a growing mix of modular, conventional, and large-scale private refineries, analysts argue that Nigeria is structurally positioned to evolve into a global refining hub—capable not only of meeting domestic demand but also of supplying refined petroleum products to regional and international markets, provided policy coherence and operational efficiency are sustained.

    Private investment and profitability constraints

    Investor reluctance to commit capital to refining is closely linked to the industry’s narrow profit margins. Refining is a capital-intensive, high-risk business that typically delivers low margins, except during brief periods of favourable market conditions. Returns are cyclical and heavily influenced by global crude prices, exchange rates, and supply disruptions, making refining a complex and uncertain investment proposition. Africa’s richest man and President of Dangote Group, Aliko Dangote, has publicly acknowledged this reality. Speaking during a recent media tour of the Dangote Refinery, he described refining as a low-return venture compared to other global investments. “There is a very low margin as profit on refining business. In fact, if I had invested the amount spent on this refinery on Google, I would have made twice the investment. There is very little money in refining,” Dangote said.

    For modular refineries—often described as a critical bridge toward energy self-sufficiency—the profitability challenge is even more pronounced. Many modular refiners are still awaiting their first crude oil allocations, despite the Nigerian National Petroleum Company Limited’s (NNPC Ltd.) pledge to support them as part of government efforts to boost local refining and reduce fuel imports. The delays have forced several operators to run far below installed capacity or rely on alternative, more expensive feedstock sources. While some refiners have turned to third-party suppliers, others have had no choice but to suspend operations altogether.

    Industry experts attribute the limited output of modular refineries to a combination of structural and operational constraints. The Vice Chairman of the Crude Oil Refinery-owners Association of Nigeria (CORAN), Mrs. Oludolapo Okulaja, identified key challenges including poor infrastructure, unreliable power supply, weak transportation networks, and inadequate or non-existent pipeline infrastructure—all of which significantly raise operating costs. Although policy incentives such as duty waivers on imported equipment and tax reliefs exist, Okulaja argued that implementation remains inconsistent. “These incentives need to be properly executed within a clear and workable framework that beneficiaries can actually access,” she said.

    Echoing these concerns, CORAN’s National Publicity Secretary, Eche Idoko, revealed that modular refineries have yet to receive a single barrel of crude from NNPC Ltd. since the naira-for-crude initiative commenced in October 2024. “As a result, most modular refineries are operating at about 20 per cent capacity,” Idoko said. “They are forced to source feedstock from third parties, which is usually very expensive.” He added that Edo Refinery, for example, relies on trucked crude from third-party suppliers, driving landing costs to nearly four times what they should be. Waltersmith and Aradel refineries, he noted, are able to operate only because they source crude from their own marginal fields—though even that supply is insufficient to fully meet plant requirements.

    The naira-for-crude scheme was designed to address precisely these constraints by allowing local refineries to purchase crude oil in naira through NNPC Ltd. Under the arrangement, NNPC says it has supplied about 48 million barrels of crude to the Dangote Refinery. Although the original plan envisaged supplying seven smaller refineries alongside Dangote, only the Dangote facility ultimately benefited—and even it did not receive the full volumes initially agreed.

    Okulaja said the situation has become critical. “Both modular refineries and the Dangote Refinery are in urgent need of consistent feedstock. Supplying crude to local refineries should now be a top government priority, so plants can operate at optimal capacity,” she said.

    She cited cases where refineries with installed capacities of 10,000 barrels per day—equivalent to 300,000 barrels per month—are allocated as little as 30,000 barrels for an entire month. “That simply does not make sense,” she said. According to Okulaja, local refiners have the potential to transform Nigeria into a net exporter of high-quality petroleum products while simultaneously meeting domestic energy needs. Achieving this, however, requires deliberate policies to expand refining capacity and prioritise in-country value addition. “Refining our crude locally creates far more value than exporting it as raw material, only to import finished products at higher prices and often inferior quality,” she argued.

    She identified regulatory bottlenecks, limited access to financing, and inadequate domestic crude supply as the most pressing challenges. In particular, she accused the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) of failing to fully enforce the Domestic Crude Oil Supply Obligations (DCOS) framework, thereby depriving both modular refineries and the Dangote Refinery of reliable feedstock. Okulaja also pointed to Nigeria’s persistently low crude oil production, attributing it partly to theft and vandalism. “Despite decades of oil production, Nigeria has not translated its resources into meaningful national development or wealth,” she said. “The continued reliance on imported, often substandard, petroleum products reflects a failure to adequately support domestic refining.”

    Demand versus supply security

    Given the sheer scale of the Dangote Refinery, many analysts argue that Nigeria should, in theory, have ended petrol importation. Aliko Dangote has repeatedly stated that his 650,000-barrel-per-day facility can meet 100 per cent of the country’s petrol demand. At about 85 per cent operating capacity, the refinery produces over 57 million litres of petrol daily, compared with national consumption of roughly 50 million litres per day. This excludes the refinery’s strategic reserve of more than one billion litres. Projections indicate that the plant could exceed domestic demand by 15 to 20 million litres daily, potentially reshaping fuel supply across Africa.

    However, major marketers caution against relying on a single source for national supply. They argue that operational risks, logistics constraints, and distribution bottlenecks make sole dependence on one refinery impractical. The Executive Secretary of the Major Energies Marketers Association of Nigeria (MEMAN), Clement Isong, confirmed that all member companies currently purchase petrol from the Dangote Refinery. Nonetheless, he stressed that supply timing, logistics, and volume constraints prevent the facility from being Nigeria’s only source of petrol. “It is almost impossible for a single source to meet demand in the way marketers require it—when they want it, how they want it, and in the quantities they need,” Isong said. He explained that while some marketers require ship-to-ship deliveries, others depend on gantry loading, and queuing at a single location inevitably creates bottlenecks. According to him, these challenges have already resulted in temporary fuel shortages at some filling stations operated by major marketers.

    The Centre for the Promotion of Private Enterprise (CPPE), however, takes a different view. The economic think-tank argues that exposing local refiners to unrestricted global competition without first addressing structural deficiencies—such as high energy costs, poor infrastructure, and limited access to finance—creates what it describes as a “policy-induced disadvantage.” To ensure that protective measures deliver long-term benefits, CPPE recommends complementary interventions, including low-cost financing, reliable power supply, infrastructure investment, and streamlined regulation. “Protection must be strategic, time-bound, and performance-based,” the group advised, adding that once domestic refineries achieve stability, Nigeria should pivot toward export competitiveness. The centre also called for robust monitoring and evaluation frameworks to ensure that protection drives productivity, innovation, and price moderation, rather than rent-seeking or inefficiency.

  • Why Tax Laws must take off fully now, by Tinubu

    Why Tax Laws must take off fully now, by Tinubu

    • President dismisses implementation postponement call
    • Law meant to reset tax system
    • NECA back s Fed Govt

    The final verdict on tomorrow’s full take-off of the tax laws came yesterday.

    President Bola Ahmed Tinubu reaffirmed that the date is sacrosanct.

    His position, made known in a statement, gave a stamp to Minister for Information and National Orientation Mohammed Idris’ earlier statement that there was no going back on the January 1 commencement date.

    Following the observation by House of Representatives member Abdussamad Dasuki (PDP Sokoto) that the Gazetted version of the law is different from the copy passed by the National Assembly, opposition figures and some interest groups that have always opposed the tax reform process began agitating for the suspension of the laws’ takeoff.

    But Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, argued that it was too late in the day to stop the law because two of the four tax laws were already operational, arguing that the remaining two are billed to begin tomorrow.

    The President declared that the reforms represent a historic reset of the country’s fiscal architecture and not an attempt to impose higher taxes on citizens.

    In a statement personally signed by him, he said the tax reforms were “a once-in-a-generation opportunity to build a fair, competitive and robust fiscal foundation for Nigeria”.

    He stressed that the implementation phase would proceed as scheduled despite public controversy.

    President Tinubu said: “The new tax laws, including those that took effect on June 26, 2025, and the remaining acts scheduled to commence on January 1, 2026, will continue as planned.”

    He emphasised that the reforms were not revenue-hunting measures but a deliberate effort to harmonise Nigeria’s fragmented tax system, reduce duplication across tiers of government, and strengthen trust between citizens and the state.

    The President said: “The tax laws are not designed to raise taxes, but rather to support a structural reset, drive harmonisation, and protect dignity while strengthening the social contract.

    “I urge all stakeholders – state governments, businesses, labour unions and professional bodies –to support the implementation phase, which is now firmly in the delivery stage.”

    President Tinubu’s comments came amid sustained criticism over allegations that some provisions of the tax laws were altered after passage by the National Assembly.

    Some groups had faulted the discrepancies between versions passed by lawmakers and those later gazetted, prompting calls for a suspension of the laws.

    Rejecting such demands, the President said no material irregularity had been established to justify halting a comprehensive reform process.

    “Our administration is aware of the public discourse surrounding alleged changes to some provisions of the recently enacted tax laws.

    “No substantial issue has been established that warrants a disruption of the reform process,” he said.

    Read Also: ‘Tax Laws won’t push up air fares’

    Warning against what he described as reactive governance, President Tinubu added: “Absolute trust is built over time through making the right decisions, not through premature, reactive measures.”

    He nevertheless reassured Nigerians of his commitment to due process, pledging continued engagement with the National Assembly to resolve any genuine issues that may arise during implementation.

    President Tinubu said: “I emphasise our administration’s unwavering commitment to due process and the integrity of enacted laws.

    “We will work with the National Assembly to ensure the swift resolution of any issue identified.

    “The Federal Government will continue to act in the overriding public interest to ensure a tax system that supports prosperity and shared responsibility.”

    The opposition Peoples Democratic Party (PDP) disagreed, urging the President to suspend the implementation and “listen to the voice of Nigerians.”

    In a statement yesterday, the Turaki-led PDP faction accused the Tinubu administration of prioritising revenue over citizens’ welfare, citing alleged “dangerous provisions” purportedly smuggled into the laws.

    The PDP warned that insisting on the January 1 start date despite unresolved discrepancies “clearly shows where the priority of the government lies – between Nigerians and money”.

    It reminded the President that democratic obedience to laws depends on public trust in the legislative process.

    President Tinubu, on assumption of office, initiated a comprehensive reform of the tax regime in the country.

    He set up a presidential panel to put together a new system of taxation after consultations across the country.

    At the end of the panels’ work, four tax reform Bills were forwarded to the National Assembly.

    The proposal drew flak from North’s political leaders and governors, who expressed open opposition to tax reform.

    The National Economic Council advised the President to withdraw the Bills from the lawmakers to allow for wider consultation, but the President refused, urging those who had misgivings to table them before the lawmakers during the public hearing.

    Opposition figures also seized the opportunity to disparage the government, but the President was unyielding.

    The Bills were eventually passed by both chambers of the National Assembly – House of Representatives on March 18 and Senate on May 7. The President signed the Bills on May 26.

    The implementation started in June with two of the laws.

    Another round of opposition to the laws came after a lawmaker alleged differences in the version passed by the lawmakers and the law he gazette.

    NECA backs implementation of new tax legislation

    The Nigeria Employers’ Consultative Association (NECA) expressed support for the implementation of new tax legislation.

    At a news conference in Lagos yesterday, NECA’s Director-General of NECA, Mr. Wale Smatt-Oyerinde, commended the presidential committee for constructively engaging with all stakeholders, in spite of efforts to misinform the Nigerian populace on its intention.

    He urged the Federal Inland Revenue Service (FIRS) to collaborate with the organised private sector in a bid to deepen awareness of the new tax laws.

    The NECA boss said the tax reform legislation remained a significant item that had witnessed the most excellent form of organised chaos in Nigeria’s political history.

    He urged the Federal Government to proceed with the implementation of the laws, as the issue of alteration raised by the National Assembly is not sufficient to hinder it, considering its economic objectives.

    Smart-Oyerinde said: “We cannot continue to run the system the way it was run with a lot of inconsistencies. No law is perfect, and that is why we have made provisions for amendments.

    “As we proceed, we can make necessary amendments, and by doing so, we are building an institution.”

    He said the tax laws were aimed at creating a more conducive and productive business environment for the private sector, thereby generating jobs that would address the root cause of insecurity in Nigeria.

    Smatt-Oyerinde said the stiff resistance faced by the reforms alone was an indication that some forces were against the growth of the Nigerian economy.

    He said: “I have never seen a regulation or legislation that witnessed this kind of engagement or antagonism; I also probably have not seen an item in our lives that has witnessed this kind of organised chaos.”

    “However, the committee has done tremendous work, moving from one place to another.

    “We all saw the issues, until two weeks ago, when it was alleged that the version gazetted was different from the one passed by the National Assembly.”

    He urged that the tax legislation be allowed to run seamlessly, for the betterment of the nation.

  • Boxing world sympathises with Joshua

    Boxing world sympathises with Joshua

    • Death of boxing icon’s associates in fatal crash throws Sagamu into mourning

    The boxing world, still in shock over Monday’s fatal road crash, in which boxing icon Anthony Joshua’s two associates died, yesterday sympathized with the former world heavy-weight champion.

    In tweets and statements, boxing legends – Oleksandr Usyk  and Tyson Fury – commiserated with Joshua over the death of his friends and wished him speedy recovery.

    Joshua and three others were travelling from Lagos to Sagamu in neighbuoring Ogun State when the Lexus Sport Utility Vehicle (SUV) they were travelling in rammed into a stationary vehicle.

    The Federal Road Safety Corps (FRSC) gave the cause of accident as over speeding and overtaking on the wrong side.

    Fury, who is lined up as a possible next opponent for Joshua, took to social media to send a message on Joshua’s associates who died. He said, “This is so sad. May god give them a good bed in heaven.”

    Read Also: Akpoti-Uduaghan condoles Anthony Joshua, demands urgent road safety reforms

    Usyk  said in a social media post: “This is an unbelievable loss.”

     “They were two incredible people who were not only part of AJ’s team, but also friends! My sincere condolences to their families, loved ones, and everyone who knew them. Anthony – wishing you a speedy recovery. Stay strong, champion.”

    Leading boxing promoter and chairman of Matchroom Sports, Hearn, paid tribute on social media, writing: “With the heaviest of hearts. Two great men. Rest in eternal peace, Sina and Latif. My thoughts and deepest prayers are with everyone.”

    The Nigeria Boxing Federation  expressed profound condolences to  Joshua and the families of the two associates of the boxer who died.

     “On behalf of the entire Nigerian Boxing family, I express my deepest condolences to our national treasure, Anthony Joshua and the families of the two individuals who passed away,” President of the NBF Mr. Wale Edun said.

    Edun is also Minister of Finance and Coordinating Minister of the Economy.

    “The loss of life is always deeply distressing, and our thoughts and prayers are with you, Anthony and the affected families at this difficult time.

    “As a boxing community, we pray for your speedy recovery and that the souls of the dearly departed rest in peace,” he added.

    Also yesterday, dignitaries from all works of life were in the hospital to symathise with Joshua and wish him speedy recovery.

    Governors Babajide Sanwo-Olu (Lagos), Dapo Abiodun (Ogun), British Deputy Head of Mission  Simon Field,  Inspector-General of Police Kayode Egbetokun, and  National Sports Commission Director General   Bukola Olopade were at the hospital at various times yesterday.

    Ogun State governor’s spokesman Kayode AKinmade quoted the governor as reaffirming doctors’ remark that Joshua is stable, after his visit.

    Olopade  conveyed profound sympathy to Joshua and the families of the victims of the accident,

    “On behalf of the National Sports Commission and the entire Nigerian sports family, I express my heartfelt condolences to the families who lost their loved ones in this unfortunate accident,” Olopade said.

    Also, Works Minister Dave Umahi and the  Senator, representing Kogi Central, Natasha Akpoti-Uduaghan, commiserated with the former heavyweight boxing champion.

    “My heart goes out to Anthony Joshua at this very painful time,” Senator Akpoti-Uduaghan said. “Losing two close friends in such a tragic manner is devastating. I pray that God grants him strength and comfort, and that the souls of the departed rest in perfect peace.”

    Umahi revealed that a special task force would be formed in February to check the illegal parking of trucks on highways.

     Sagamu, the Ogun State community, Joshua’s home town, was thrown into a mournful mood as a result of the accident.

    Family members of the boxer expressed deep shock over the death of Joshua’s associates.

    Some of the family members who spoke to reporters yesterday expressed worry that they have been unable to see their son, although they expressed joy he did not sustain  major injuries going by fillers from the hospital and media reports.

    Joshua’s uncle,  Adedamola Joshua, who spoke to reporters on behalf of the family said: “Since the incident happened, we have been rallying round to see if it is possible to get to see our son, but that has been impossible because of his status. We don’t know the hospital he was taken to, and we can understand that such is being done to protect him as a world figure.

    “However, we have been in touch with his father and mother, who are also in Nigeria, and they have assured us that Joshua is fine

    “We are also thinking that it will be fine if they allow even if it’s just three of the family members to see him, we are all eager to see him, but we will still respect the wish of the authority to keep him out of reach for now.

    “We are really sad that two people who were very close to Anthony died in this accident. Our hearts are with the families and associates of these young men. We pray that the Lord God Almighty will comfort everyone who is affected by this unfortunate incident.

    “Sincerely, the news that our son, Anthony, was involved in a fatal crash came to us as a rude shock. We did not get to hear of this terrible news on time.

    “Anthony comes on visits to Nigeria frequently. We felt so bad because this is the end of the year period, which we use as a family to create bond. It is really quite unfortunate.

    “The sad news jolted the Sagamu community, and up till now, everyone is still in shock. People have kept calling the family members to sympathise with us and get updates.’’

    Following the Monday accident, President Bola Ahmed Tinubu established contact with Joshua and his mum through the telephone. In a tweet on the incident, the President wished the boxer, who he described as an icon, speedy recovery.

  • We’ll correct Rivers leadership mistake in 2027, says Wike

    We’ll correct Rivers leadership mistake in 2027, says Wike

    Federal Capital Territory (FCT) Minister Nyesom Wike yesterday kicked off the debate on permutations about leadership recruitment and succession in Rivers State ahead of 2027 general election.

    The minister, who is on the thank-you-tour of local governments in the state, hinted that efforts would be made to correct the leadership mistake of 2023 in the next elections.

    Wike, who spoke at a reception in his honour at Khana in Bori, Khana Local Government Area, assured that the mistake of the past will not be repeated.

    Governor Siminalayi Fubara, who was a guest at the Eneka Day Celebration in Port Harcourt, the state capital, acknowledged that the state was at  crossroads, urging the stakehokders to rise above the forces of division.

    The All Progressives Congress (APC) National Vice Chairman (SouthSouth), Chief Victor Giadom, who reflected on the protracted Rivers crisis, advised the governor to close ranks with his predecessor becsuse he would need his help in 2027.

    Although Fubara has defected from the Peoples Democratic Party (PDP) to the APC, it has not halted the animosity and mutual suspicion between him and the minister.

    In his speech during and after the defection , the governor avoided making references to Wike in all the public events.

    Also, the minister, who is on tour of the councils, has not visited the governor or attended any of the state functions.

    Reacting to the defection, Wike fired salvos at Fubara, disputing his claim to the leadership of the state chapter of the APC.

    He also said the fact that he had joined party supporters in singing ‘On your plaform we stand,’ the famed caucus anthem of Tinubu supporters, does not make him  a core loyalist of the president.

    Addressing a crowd of enthusiastic supporters, Wike said leaders are elected to represent the will of the people and not for personal agenda.

    Urging the people of Rivers to support President Tinubu in 2027, he  however, insisted the strategies for leadershio recruitment in the state woukd be reviewed.

    He said: “We will not make the same mistake again at the state level in 2027, but we will talk about it later when the time comes.

    “Just follow your leaders. Anywhere you see them going, that is where we are going”.

    Read Also: Rivers: We‘ll correct leadership mistake in 2027 – Wike

    The minister explained that he was not in the community for  politics, but to thank the people of Khana for standing with him and President Tinubu.

    He said the Khana people  took a risk and supported  the President in 2023 when others were afraid to do so.

    He added: “During the turbulent period, Khana stood with us and now you have benefited, from good roads to University of Environment, among other benefits because of the love of Mr President.

    “So, many appointments have come to Ogoniland and more are coming,”.

    Wike said Rivers people will no longer vote based on party, but based on the fulfilment of their aspiration for development under the “Renewed Hope Agenda”.

    A member of the House of Representatives, Dumnamene Dekor (APC – Khana), commended Wike and President Tinubu for making Ogoniland the pride of the nation.

    He thanked Wike for visiting the communities, assuring that the people are ready to follow him.

    Dumnamene said: “We are proud to be associated with you, and whatever you asked us to do, we shall do and wherever you asked us to go, we shall go.”

    He assured Wike that the lawmakers from Rivers have surrendered their mandate to Tinubu for the 2027 election.

    Also, House of Assembly member Mrs. Barile Nwakoh (APC Khana 1), who spoke on behalf of women in the area, thanked Wike for remembering the people of Khana.

    She said that the minister was receiving enormous support in Rivers because of his goodwill, sincerity, and love for the people.

    Nwakoh said Khana wonen were ready to vote for President Tinubu, if he decides to contest for second tenure.

    She stressed: “We are ready to work for Tinubu. Please tell Mr President that we are here for him and ready to work for his reflection.”

    The Chairman of Khana Local Council, Dr. Thomas Bariere, thanked Wike for his support for the people of the area, adding that when the right people occupy offices, good things happen.

    He said: “Since our support to President Tinubu, things have become better for the people of Khana. You have supported everything good for the people of Khana and we are very grateful for this.”

    ‘Fubara needs Wike to secure second term’

    Giadom, who spoke in Gbokana, advised Fubara to settle his rift with Wije in the interest if his second term.

    He said the governor will need the minister during the governorship nominations.

    Describing Wike as a “dependable leader” in Rivers politics, Giadom assured the minister that there would be no political force in Gokana other than Wike.

    He said: “I guarantee, on behalf of my brothers, that the Gokana people are for Wike and Tinubu and nobody will challenge Wike’s influence in Gokana.

    “Gokana is a ‘no go area’ for anybody. Even Governor Fubara, for him to win anything in Gokana, he must pass through Wike.”

     Senator Magnus Abe, who represented Rivers South East in the Senate, said the people of Gokana have already chosen Wike and President Tinubu as their friends.

    He said: “Wike is a leader that unites and that is why we are united. If you follow Wike, you will not go home empty handed.

    “The Ogoni people are with you and we will not go home empty handed. Please, tell Tinubu not to bother coming to Gokana to campaign. We are for him.”

    The Deputy Speaker of Rivers House of Assembly, Dumle Maol, assured Wike that the people of Gokana are with him.

    He said: “Anywhere you go we will go.”

    The Chairman of Gokana Council, Confidence Deko, pledged total support to the minister, saying “wherever you go, we will go”.

    He added: “This local government is for you because of what you have done for us. Please, tell Tinubu that the people of Bokana are appreciative of him.

    “The time for payback is near and we will do the needful,” he said.

    Wike explained that the visit was to say thank you to Gokana people for their support over the years.

    He commended the people for the display of unity of purpose for President Tinubu,  saying, “When you are united, good things will come”.

    He urged the people to be patient and listen to their leaders for direction on where to go when the time comes.

    The minister noted that APC and PDP in Rivers are working under the umbrella of  President Tinubu ‘s Renewed Hope Agenda.

    Wike said: “That is why you see PDP and APC members here”.

    Rivers still at crossroads, says Fubara

    Fubara called for unity in Rivers, saying thst the state is at crossroads.

    The governor said everyone must stick together amid efforts to divide them.

    Fubara said: “For me today is very important because at the crossroad of our state, what is most important is unity that will attract progress. Attending this event and seeing your theme: ‘Unifying our strength for progress,’ truly reflects that Eneka people are part of my government because they understand the importance of unity. That you can only progress when there is unity.

    “I urge everyone to continue to be together. When you are together, you cannot be broken. There will be some attempts to disorganise you and dismember you, but ensure that you stand as one.”

    He added: “Standing as one is when the government can listen to you because your voice will be very strong. Standing as one is when the government can see that coming here to support you will not cause any pain, and standing as one will further make government to listen to you whenever you call”.

    The governor said he decided to honour the invitation to reciprocate the love and loyalty shown him by Senator John Mbata, who hails from the area.

    Fubara said he would accept the chieftaincy title conferred on him by the Eneka people because of their loyalty.

    He said: “What is important is that I am here with you and I have to say thank you for allowing your son, Senator John Azuta Mbata, to support me. I want you to understand that in supporting me, a lot has happened to him.

    “But like he said here, when an Eneka man is with you, he follows you to the end. I want to believe that you all followed me because he was following me. For that reason, I accept, first, the chieftancy title conferred on me whole heartedly”.

    The governor promised to grant the requests made by the Eneka people to upgrade their traditional stool and construct their internal roads.

    He congratulated the people for celebrating the Eneka Day, which he observed was last observed seven years ago.

    Awuse: Wike is dependable

    The paramount ruler of Emohua Kingdom, Eze Ohna Sergeant Chidi Awuse, described Wike as a dependable ally and a leader to be followed.

    Awuse,  Chairman of Southsouth Monarchs Forum, spoke during Wike’s Special Christmas visit to Rumuche Emohua in Emohua Local Government Area of Rivers.

    He said: “I want to put it on record. You’re a man to be followed; you’re a dependable ally; a friend to Omuoha people and our leader.

    “Your Excellency, Emohua owes you everything and we are not going to wait for you to tell us what to do when the time comes.

    “We have decided that wherever you put your leg, Emohua local government will follow you.”

    Awuse also said President Tinubu has done well and deserves the support of Rivers people.

    He said President Tinubu has improved the nation’s economy, stabilised the Naira and increased foreign reserves.

    He added: “Before I became a traditional ruler I was an accountant first ñ, and then, I became a politician. From my accounting and finance understanding, Tinubu has done very well.

    “The indices are so clear. The value of the Naira has gone up. He has done well. The external reserve of the nation has also increased to more than 47 billion dollars”.

    The monarch added that through President Tinubu, Wike has transformed Abuja.

    He advised the minister not to be distracted by the gimmicks of the enemy, saying; “In life, if you expect not to have enemies then you’re a master of nobody. Only a man who is doing well is spoken about”.

    Awiñusw commended the minister for the annual visit at the end of every year to acknowledge the support of the people.

    He also thanked Wike for always coming to the rescue of people in the local government.

    “If I don’t thank you publicly, where will I say it,” he asked.

  • Lawmakers reject Yuletide gifts

    Lawmakers reject Yuletide gifts

    The Rivers State House of Assembly has rejected and returned N100, 000 sent to each lawmaker as a Yuletide largesse from the government account on the directive of Governor Siminalayi Fubara.

    In a statement signed by the Chairman, House Committee on Information, Petition and Complaints, Enemi Alabo George, the House said that the money was transferred to the personal bank accounts of the lawmakers by the governor yesterday.

    The statement reads: “The said unsolicited and unapproved amount was transferred on the instruction of the governor to the personal accounts of members.”

    George said following the discovery of “these unsolicited and unapproved transfers” the lawmakers took immediate steps to formerly return the money to the account of the Rivers State Government.

    He said: “As an institution established by law and guided strictly by the Constitution of the Federal Republic of Nigeria, the Rivers State House of Assembly maintains that all public expenditures must follow due process including legislative approvals.

    Read Also: Yuletide reflections: Dirty December, quiet hearts etcetera

    “The governor, since assumption of office in 2023 has consistently drawn from the Consolidated Revenue Accounts of Rivers State without legislative approval despite repeated warnings from the House, judgment of the Supreme Court and in defiance of the Constitution and principles of separation of power.”

    George said the House was aware of the alleged connivance of some government officials with the governor to contravene the constitution and laws of the state.