Politics
2027: I’ll subsidise crude oil supplied to Nigerian refineries to lower petro prices – Atiku

By Chidera Orji
Former Vice-President Atiku Abubakar has unveiled a proposal to subsidise crude oil supplied to Nigerian refineries as part of measures to reduce the cost of petrol if he wins the 2027 presidential election.
Atiku, the presidential candidate of the African Democratic Congress (ADC), said the proposal would focus on supporting domestic refining rather than subsidising imported petroleum products.
He explained that the policy became necessary amid recent concerns raised by the Dangote Refinery over government-imposed petrol pump prices.
The former vice-president, in a statement issued on Friday by his Senior Special Assistant on Public Communication, Phrank Shaibu, accused the Tinubu administration of deliberately presenting his proposal as an attempt to compel private refineries to sell petrol below their production costs.
“Dangote raised a legitimate business concern. The presidency turned it into a campaign of fear,” the statement reads.
“A refinery that has invested billions of dollars cannot be commanded to sell indefinitely below cost and absorb the losses.
“That would be reckless, economically destructive and unfair to any private investor. But that is precisely why our proposal is different.”
Atiku said his proposed model would redirect government support from imported petrol to crude oil supplied to qualifying domestic refineries.
“We are restoring subsidy through a production subsidy model, not an import subsidy model,” he said.
“The difference is simple enough for every Nigerian to understand. Import subsidy spends public money supporting petrol refined abroad and brought into Nigeria.
“Production subsidy supports crude refined here in Nigeria so that Nigerian refineries can produce fuel more cheaply and Nigerians can pay less.”
According to him, the approach would be similar to government interventions aimed at lowering the cost of food production by supporting local farmers rather than subsidising imported food.
“That is exactly what we are proposing for fuel. We are restoring subsidy but moving it from importation to production. The subsidy follows the barrel refined in Nigeria,” he said.
He said the arrangement would involve reducing the cost of crude supplied to eligible domestic refineries through a transparent and capped system subject to independent verification.
“If the crude entering a refinery becomes cheaper, the cost of producing petrol should also come down,” he said.
“That reduction should then reach the average Nigerian while preserving legitimate refining costs and a reasonable commercial margin.”
Atiku maintained that government assistance aimed at lowering production costs should not be confused with forcing refinery operators to sell their products at a loss.
“The Tinubu Presidency knows this. If it pretends otherwise, then it is not confused. It is deliberately misleading Nigerians,” Atiku.
The ADC candidate stressed that the proposed subsidy would be restricted to crude refined within Nigeria.
“Under our plan, support will be tied strictly to crude refined in Nigeria. Nigerian refineries will benefit. Nigerian workers will benefit. Nigerian businesses will benefit. Nigerian consumers will benefit,” he said.
“If you do not refine in Nigeria, you do not qualify. This is not a subsidy for foreign refineries. It is not a subsidy for importers. It is not a subsidy for middlemen. It is a subsidy for Nigerian production.”
Atiku also said his administration would not compel domestic refineries to sell petrol at an arbitrarily fixed pump price.
“If government wants to provide additional relief beyond what lower crude-input costs can sustainably deliver, then government must pay for that relief openly,” he said.
“It must be budgeted. It must be capped. It must be audited. Nigerians must know exactly what is being spent and what they are receiving in return.”
He argued that government should bear any additional cost arising from a decision to provide consumers with petrol below the sustainable market price, rather than shifting the burden to refinery operators.
“You cannot announce a politically convenient petrol price and quietly dump the cost on the refinery,” he said.
“That is not policy. That is confiscation by another name.”
Politics
Gov. Diri rejects planned diversion Lagos, Calabar coastal road, slams Duke over remarks
From Kingsley Wiseman (Yenegoa)
Bayelsa state governor, Senator Douye Diri has expressed his disagreement with the Minister of Works, Senator David Umahi, over the rumoured diversion of the ongoing Lagos-Calabar Coastal Highway project.
Governor Diri explained that the South-South governors were unanimous in their support for the coastal road, adding that they were against its realignment with the East-West Road.
According to a statement by his Chief Press Secretary, Daniel Alabrah, the governor stated this when he spoke during the 200th session of the state executive council in Government House, Yenagoa.
His words: “I read, like everyone else, that there would be a realignment and that the coastal road would be merged with the East-West Road, which I do not believe is the same project. That should be a South-South Road.
“I privately called the Minister of Works and said, ‘Honourable Minister, that is a no, no, no for us. These are two different projects.
“I agree with you that the East-West Road should be reconstructed. It is called the East-West Road, but its reconstruction should not take the place of the coastal road.
“While you reconstruct the East-West Road, the coastal road must continue because you have already won the hearts of all the coastal states.”
“I told him that, for me and my state, the coastal road must continue. He kept mentioning Mr President’s name, and I felt that he was the implementer and was the one who addressed the media. So, go back and tell Mr President that this is the position of the governors of the South-South, because I also speak as chairman of the South-South Governors’ Forum.”The governor however slammed the former Cross River State governor, Donald Duke, over his remarks on the planned diversion of the project on a television programme
Diri expressed shock that a son of the South-South could describe the project as not feasible because, according to him, Bayelsa was a swamp.
“When I watched the video and listened to everything he said about the coastal road, what actually made me respond was the example he gave using my state, Bayelsa. He said the coastal road was not feasible, and his reason was that even the state capital of Bayelsa is a swamp. According to him, for the coastal road to pass through Bayelsa, 100 to 200 bridges would have to be constructed.
“You pretend to be a presidential candidate of PRP. There is not even a councillor from PRP in Cross River. Not even in your own ward. Yet, you pretend to be a presidential candidate so that at the end of the day you can be rehabilitated.
“You can continue to be your national and international champion without a nucleus, without a base.
“I advise you to go back and settle the huge debts hanging over the heads of generations yet unborn, debts that you incurred and passed on to successive governments in your state.
“Do not use Bayelsa State as an example of a place where roads cannot be built. You were in office when Bakassi was ceded out of Nigeria. But because you were not a local champion, you did nothing about it,” he remarked
Politics
2027: Bauchi mosque sacks Imam over support for Tinubu
From Abu Hussain (Bauchi)
A mosque located at the Madina quarters in Bauchi has sacked it’s Imam, over his pro Bola Tinubu preachings ahead of the 2027 general elections
Imam Dahiru Abubakar reportedly lost his role, after his continuous pro presidentTinubu teachings at the mosque, despite repeated warnings
The imam was said to have been subtly campaigning for Tinubu’s reelection during preaching after every obligatory prayer.
The mosque management however, placed him on suspension after he repeated the act following the early morning prayer (Subhi) on Sunday.
“He would tell the congregation after prayer that Tinubu did not cause insecurity and he deserved to be reelected.
“A committee was set up after he did the same thing last weekend and he was subsequently removed,” a source said.
Confirming his sack, Imam Abubakar said he was removed for telling the people in his preaching that President Tinubu was not the problem because the hardship and insecurity were caused by “end times phenomenon.”
He said, “I have been preaching to the people to stop castigating President Tinubu for the insecurity and economic challenges. They prepared to vote for him and give him another mandate in 2027 to continue his mandate.
“My preaching centred on telling people to embrace fear of God and stop blaming leaders for the insecurity, particularly President Tinubu, because only God’s intervention can stop the challenges with the power of prayers, and that didn’t go down well with the committee of the mosque.
“My preaching priorities are fear of God and our day-to-day activities. I cited examples of what is happening, especially insecurity in African countries like Sudan, Chad, Mali and others facing crisis. I asked whether President Tinubu was responsible for their insecurity.”
But chairman of the mosque committee, Imam Abubakar Jibrin, said, “Our major challenge with him was not only his campaign for Tinubu but the way and manner he gathered many people in front of the mosque and sometimes entered the mosque purposely to discuss politics.
“The mosque committee sat down with him and cautioned him against turning the mosque to a political platform because of the Quranic verse which says the Mosque is solemnly for worship of Allah alone. We vehemently rejected the use of the mosque for political meetings. We have warned him not once or twice but many times, but he didn’t heed our pleas.
“Even though we believe that politics is the process of producing leaders in the country, there are laid down procedures, which are political parties, and the activities should take place in their political party offices and not in the mosque.“He should go and build his personal mosque, or politicians should go buy a mosque for him; that is not our business. Let me clarify that we, members of the committee of the mosque, are not against the candidate of any political party. Our prayer is to Allah to choose the best for the country, be it President Tinubu or any candidate among the presidential candidates that would become a blessing to the country,” Jibrin added.
Politics
Gov. Diri rejects planned diversion Lagos, Calabar coastal road, slams Duke over remarks
From Kingsley Wiseman (Yenegoa)
Bayelsa state governor, Senator Douye Diri has expressed his disagreement with the Minister of Works, Senator David Umahi, over the rumoured diversion of the ongoing Lagos-Calabar Coastal Highway project.
Governor Diri explained that the South-South governors were unanimous in their support for the coastal road, adding that they were against its realignment with the East-West Road.
According to a statement by his Chief Press Secretary, Daniel Alabrah, the governor stated this when he spoke during the 200th session of the state executive council in Government House, Yenagoa.
His words: “I read, like everyone else, that there would be a realignment and that the coastal road would be merged with the East-West Road, which I do not believe is the same project. That should be a South-South Road.
“I privately called the Minister of Works and said, ‘Honourable Minister, that is a no, no, no for us. These are two different projects.
“I agree with you that the East-West Road should be reconstructed. It is called the East-West Road, but its reconstruction should not take the place of the coastal road.
“While you reconstruct the East-West Road, the coastal road must continue because you have already won the hearts of all the coastal states.”
“I told him that, for me and my state, the coastal road must continue. He kept mentioning Mr President’s name, and I felt that he was the implementer and was the one who addressed the media. So, go back and tell Mr President that this is the position of the governors of the South-South, because I also speak as chairman of the South-South Governors’ Forum.”The governor however slammed the former Cross River State governor, Donald Duke, over his remarks on the planned diversion of the project on a television programme
Diri expressed shock that a son of the South-South could describe the project as not feasible because, according to him, Bayelsa was a swamp.
“When I watched the video and listened to everything he said about the coastal road, what actually made me respond was the example he gave using my state, Bayelsa. He said the coastal road was not feasible, and his reason was that even the state capital of Bayelsa is a swamp. According to him, for the coastal road to pass through Bayelsa, 100 to 200 bridges would have to be constructed.
“You pretend to be a presidential candidate of PRP. There is not even a councillor from PRP in Cross River. Not even in your own ward. Yet, you pretend to be a presidential candidate so that at the end of the day you can be rehabilitated.
“You can continue to be your national and international champion without a nucleus, without a base.
“I advise you to go back and settle the huge debts hanging over the heads of generations yet unborn, debts that you incurred and passed on to successive governments in your state.
“Do not use Bayelsa State as an example of a place where roads cannot be built. You were in office when Bakassi was ceded out of Nigeria. But because you were not a local champion, you did nothing about it,” he remarked
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