Dangote: NNPC Made Huge Mistake By Reducing Stake in Our Refinery from 20% to 7.2% Reveals he has two oil blocks, but won’t invest heavily in upstream segment NNPC has pledged to give us 390,000 bpd in October, says Africa’s richest man Insists selling crude in local currency will reduce pressure on Naira by 40% Maintains imported fuel 15 to 20% more expensive than his
Emmanuel Addeh in Abuja Aliko Dangote, Africa’s richest person and the President of the Dangote
Group, owners of the new 650,000 barrels per day crude oil refinery in Lagos, yesterday argued that the decision by the Nigerian National
Petroleum Company Limited (NNPC) to reduce its stake in the facility from 20 per cent to 7.2 per cent was a huge mistake.
Speaking during a Bloomberg Television interview in New York, monitored by THISDAY, Dangote further disclosed that although he
has two oil blocks which are set to begin production in October, he will likely not invest heavily in Nigeria’s upstream sector.
Besides, the billionaire businessman noted that the NNPC has pledged Continued on page 10
Tuesday 24 September, 2024 Vol 29. No 10758. Price: N400
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Ganduje Greets Okpebholo, Says APC Will Recover More States Sanwo-Olu, Uzodinma, Abiodun, Ododo, southern senators, others congratulate winner
Segun James in Lagos, James Sowole in Abeokuta, Adedayo Akinwale in Abuja and Ibrahim Oyewale in Lokoja
National Chairman of All Progressives Congress (APC), Abdullahi Ganduje, yesterday, congratulated the Edo State governor-elect, Senator Monday
Okpebholo, on his victory at the September 21 governorship election. Ganduje pledged to use lessons learnt in Edo State to recover more
states for the party. He spoke while closing the situation room set up at the PDP national secretariat in Abuja to monitor the
just concluded Edo State governorship election. Some APC governors and other party stakeholders also sent warm
greetings to the winner of the election. Ganduje, in a statement by his Chief Continued on page 10
CSOs: Edo Guber Results Altered, Lack Legitimacy, PDP Heads to Court Calls mount for INEC to review result Ighodalo: It’s one of our darkest moments Obi: Election a mockery of democracy Exercise marred by vote buying, falsification of results, apathy, Akpata declares Chuks Okocha, Onyebuchi Ezigbo, Adedayo Akinwale, James Emejo in Abuja, Adibe Emenyonu in Benin City, Funmi Ogundare in Lagos and Fidelis David in Akure Civil Society Organisations (CSOs), which monitored the Edo State governorship election on Saturday, have issued a damning review of the exercise, declaring that the results from several polling units were altered at coalition centres. The civil society coalition, the Situation Room, said the conduct of the election lacked credibility. Similarly, Yiaga Africa, which said it deployed the Process and Results Verification for Transparency (PRVT) methodology for the Edo election, involving 300 stationary and 25 roving observers, covering a representative sample of polling units (PUs) across all 18 local government areas of the state, faulted the conduct of the poll and the declared results as lacking integrity. Continued on page 10
GRASSROOTS DEMOCRACY...
Mammoth crowd on Sunday thronged the palace of the Emir of Ilorin Dr Ibrahim Sulu-Gambari (CFR) in Ilorin, capital of Kwara State, to celebrate the victory of All Progressives Congress (APC)'s candidates in the local government election across the 16 local government areas of the state...on Saturday.