OJUST IN: PEC Lists Dangote Refinery Among Top Diesel, Jet Fuel Suppliers That Will Disrupt Europe’s Oil $ Gas Industry -
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OJUST IN: PEC Lists Dangote Refinery Among Top Diesel, Jet Fuel Suppliers That Will Disrupt Europe’s Oil $ Gas Industry

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The Organization of Petroleum Exporting Countries said supplies from Nigerian-based Dangote Refinery and Petrochemicals will put pressure on the performance of North West Europe (NWE) Gasoil.

OPEC said this in its monthly Oil Market Report for June 2024, obtained by THE WHISTLER.

“Upside potential for higher production levels from Nigeria’s Dangote refinery, coupled with strong flows from the Middle East and new supplies from the Mexican Olmeca refinery, will likely exert pressure on NWE gasoil performance in the mid-term,” OPEC said.

Europe is one of the world’s largest purchasers of refined petroleum products and relied on imports from Asia and the US after the European Union banned the use of Russian diesel in the bloc.

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However, the 650,000-capacity refinery which is owned by Africa’s richest man, Aliko Dangote, is eyeing the wider European market after International Oil Companies stopped supplying it crude oil

Vice President of Oil and Gas at Dangote Industries Limited, Devakumar Edwin announced the company has exported its first jet fuel cargo to Europe as it rapidly scales production.

The refinery has exported 90 per cent of its 3.5 billion litres of jet fuel and diesel to Europe over alleged lack of support from the government.

“It is good to note that from the start of production, more than 3.5 billion litres, which represents 90 per cent of our production, have been exported,” Edwin said.

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BP is currently transporting its first jet fuel cargo to Rotterdam from Dangote, after being awarded part of a 120,000 metric tonnes tender offered for the end of May, according to S&P Global.

OPEC said, “In June, the jet/kerosene crack spread in Rotterdam against Brent showed a slight decline, influenced by supply-side dynamics. Despite signs of improving air travel activities, subdued jet fuel demand from the aviation sector weighed on the product market.

“Going forward, European jet/kerosene demand is expected to see upward pressure as consumption levels from the aviation sector continue to pick up in the coming months….READ FULL ARTICLE

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My Wife Made A Surprising Demand Over $1.9 Billion Purportedly Paid To My Bank – Lai Mohammed

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Former Minister of Information and Culture, Lai Mohammed, has recounted how fake news almost ruined his 40-year-old marriage….READ FULL ARTICLE

Naijaonpoint reports that the former Minister made this known on Thursday in Ogun State while speaking at an event tagged: “A Day with Alhaji Lai Mohammed” organized by the Mass Communication Department of Olabisi Onabanjo University.

According to him, after the fake report about a purported $1.9bn allegedly paid into his bank account, his wife woke him up at midnight, demanding that she should be one of the signatories of his bank account to prepare for any eventuality.

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The former Minister also stated that even his friends and many other people were begging for money after seeing the fake report.

He called on Nigerians to team up in the fight against fake news, stressing that until one becomes a victim, we may not know the gravity of fake reports.

He said,“The menace of fake news is a menace that must be tackled by all of us; this is something that nearly cost me my marriage of about 40 years.

“While we were in government, there was fake news that I had $1.9bn in my bank account and unfortunately, many people believed this falsehood, including my wife.

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“One day, my wife woke me up in the middle of the night and spoke in Yoruba, She called me: ‘Daddy’, and I said, ‘Yes, what is it?’ She said, ‘we all know that death can come at any time; we may say it wouldn’t be this early but it may be, but whatever happens, it will be good if you make me one of the signatories to your bank account to prepare for any eventuality’”….READ FULL ARTICLE

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Regina Daniels supports husband’s bill to create Anioma State in Delta

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Actress Regina Daniels Nwoko has publicly endorsed her husband, Ned Nwoko’s bill in the National Assembly, which seeks to create a new state, Anioma State, in Delta State….READ FULL ARTICLE

In a video shared on social media, Regina Daniels passionately supported the creation of the Anioma state, highlighting the historical struggles and victories of the Anioma people.

She urged everyone to back her husband’s bill, emphasising that the time has come to make the creation of Anioma State a reality.

In her native language, she stated: “I want to talk about the Anioma people.”

Switching to English, Regina elaborated: “Anioma is indeed an endowed culture, it possesses the classical characteristics of oneness, a shared history, robust culture, language, traditions, and features that set us apart from other local governments in Delta State yet, uniquely connects us to the south-eastern state.

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“As a true daughter of Anioma, I am immensely proud of the recently sponsored bill for the creation of Anioma State by my beloved husband and our distinguished Senator Ned Munir Nwoko.”

The actress emphasised the significance of the bill, stating, “I believe the passage of this bill will heed the clarion call for the creation of the sixth state in the south-east, addressing a long-standing injustice.”

She added: “I lend my voice to support the Recently sponsored bill by my husband and our distinguished Senator for the creation of Anioma State. The creation of Anioma state is long overdue. The 50years struggle of our Ancestors must not be in vain. This is the time to make it happen @princenednwoko.”...READ FULL ARTICLE

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Ndume: My removal as senate chief whip an act of God | I stand by all my statements

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Ali Ndume, senator representing Borno south, says he stands by his comments made in a recent interview granted to Arise Television….READ FULL ARTICLE

During the interview, the former chief whip of the senate alleged that the administration of President Bola Tinubu is populated by kleptocrats.

Following his comments, Ndume was removed as chief whip of the senate by the All Progressives Congress (APC). The party also asked the lawmaker to resign as its member.

Speaking during an interview in Abuja on Friday, Ndume said he said nothing wrong, noting that his removal as the chief whip of the senate was an “act of God”.

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Thereafter, Senate President Godswill Akpabio removed the lawmaker as the vice-chairman of the appropriation panel and appointed him to head the senate committee on tourism.

Speaking on the incident for the first time, Ndume said he reviewed his interview and also got feedback from friends and elders but was told that he did not say anything that is not true.

“I have reviewed the interview I granted. I also shared with friends, leaders, elders in this country to review and get back to me to tell me if I have said anything that is not true or that is wrong in that interview,” he said.

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“Unanimously, the people I shared with and my conviction too, tells me that I didn’t do anything wrong, I did not say anything wrong and therefore, I want to state that I stand with all my statements in the interview I granted.

“The party that recommended me to be removed as being the chief whip of the senate, I take that as an act of God.

“It is God that gave me that position, and it is God that took that through APC, so I bear no grudges.”

Ndume rejected his new appointment in the upper legislative chamber.

“I learnt that I have been appointed chairman of tourism. I want to state here that I beg to decline for two reasons,” he said.

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“You must do something that you are interested in, I’m not a tourist, I don’t have a visa to any country as I am speaking to you.

“I have never been to China, India, France except America that I schooled, and London I used to go, but even at that, I can’t remember going to any of these countries.

“I’m not experienced in that. I will prefer to be an ordinary member; besides I have committees that I’m already content with.”…READ FULL ARTICLE

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