Dangote: We Have over N600bn Petrol in Stock, Enough to Meet In-country Supply Declaration counters NMDPRAâs position that only 50% can be sourced locally Zambia seeks Dangoteâs investment in its energy sector
Emmanuel Addeh in Abuja and Sunday Ehigiator in Lagos
President of Dangote Industries Limited
(DIL), Aliko Dangote, revealed at the weekend that his company, the Dangote Petroleum Refinery, has over N600 billion worth of Premium Motor Spirit
(PMS), otherwise known as petrol in storage, to sufficiently and conveniently meet the local needs of Nigeria. The position of Africa's richest
person, counters that of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) last week, that only 50 per cent can be
sourced locally from local petroleum refining facilities. The Authority maintained that it had continued to grant import licences
to oil marketers to ensure that there's no nationwide fuel scarcity, a position Continued on page 5
Trump Hails Chancellor Olaf Scholz Election Defeat as Great Day for Germany... Page 10 Monday, Monday, February January24, 6, 2025 Vol Vol29. 30.No No10865. 10914. Price: N400
www.thisdaylive.com TR
UT H
& RE A S O
N
Adeleke Swears in New LG Chiefs as APC Urges Security to Stand by Its Own Officials
Chuks Okocha, Adedayo Akinwale in Abuja and Yinka Kolawole in Osogbo
HEIRS ENERGIES' DISCOURSE...
L-R: Chief Executive Officer, NUPRC, Engr. Gbenga Komolafe; Managing Director/CEO, Heirs Energies, Osa Igiehon; Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri; Founder/Chairman, Heirs Holdings and Chairman Heirs Energies, Tony O. Elumelu, CFR; OPEC Board of Governors Chairman for Nigeria & CEO, First E&P, Ademola Adeyemi-Bero; CEO, Seplat Energy, Roger Brown and Executive Vice President, Upstream, NNPC Limited, Udobong Ntia, at the Heirs Energies' Nigeria Petroleum Industry Discourse which held at the Transcorp Hilton, Abuja ... recently
Despite warnings from the police and the federal government, the Osun State Governor, Ademola Adeleke, yesterday, swore in the newly elected council chairmen in the state, who in turn Continued on page 5
IBB: We Overthrew Buhari/Idiagbon Because of Their Holier-Than-Thou Attitude Alleges his predecessor was monitoring his calls Says Buhariâs policies, leadership style too rigid Discloses some governors elected in 1992 asked him to postpone presidential poll, yet allege sit-tight Regrets leaving Abacha behind to work with ING Ohanaeze demands FG's apology, reparation over killing of 3m Igbo during Biafra war
Emmanuel Addeh in Abuja and Benjamin Nworie in Abakaliki Former military president, General Ibrahim Badamosi Babangida, has disclosed that one of the reasons he led the overthrow of General Muhammadu
Buhari as Head of State in 1985 was his holier-than-thou posturing. Babangida, commonly called IBB, also alleged Buhariâs decision to spy on his calls, among other reasons, in his new Continued on page 5
CEMENTING ECONOMIC TIES...
The Governor, Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso (middle), flanked by the Chief Executive Officer (CEO), Saudi Fund for Development, Sultan Al-Marshad (right), and the Ambassador of the Kingdom of Saudi Arabia to Nigeria, H.E. Faisal bin Ibrahim Alghamdi (left), during the visit of the Saudi delegation to the CBNâŚrecently