ADVERTISEMENT
The Moment Nigeria
  • Home
  • News
  • Business
  • Entertainment
  • Interviews
  • Life and Styles
  • Sport
No Result
View All Result
  • Home
  • News
  • Business
  • Entertainment
  • Interviews
  • Life and Styles
  • Sport
No Result
View All Result
The Moment Nigeria
No Result
View All Result
  • Home
  • News
  • Business
  • Entertainment
  • Interviews
  • Life and Styles
  • Sport

Stop blackmailing NNPC, NMDPRA, you can’t dictate fuel price, Arewa youths tell Dangote

by Usman Kadri
July 28, 2024
Reading Time: 2 mins read
OPEC says Dangote refinery’s diesel, jet fuel supplies to disrupt Europe’s oil & gas industry
Share on FacebookShare on TwitterShare on WhatsappShare on LinkedIn

The Arewa Youth Assembly, AYA, has urged billionaire businessman, Aliko Dangote to respect and obey Nigerian National Petroleum Company Limited, NNPCL as the country’s regulatory body.

The group reminded Dangote that before the establishment of his refinery, the NNPCL, NUPRC and NMDPRA had been existing as regulatory bodies.

“It will be very selfish for Dangote to make them bend protocols to serve his personal interest,” Arewa youth said in a press conference addressed by its Speaker, Mohammed Salihu Danlami in Abuja on Sunday.

RELATED STORIES

Court reserves ruling on Fayose’s no-case submission in N6.9bn fraud trial

Court reserves ruling on Fayose’s no-case submission in N6.9bn fraud trial

May 19, 2025
Elumelu’s UBA further hits ‘bullied’, terminated staff by withholding their salaries

UBA seeks to join a suit, as it challenges sale of IBEDC 

May 18, 2025

According to the youth group, the billionaire businessman should know these are sectors dealing with regulations and should try to stand by the rules and nothing more.

“Even the Dangote Group, he heads has its own rules and regulations and all stakeholders must adhere to them.

“Dangote from our findings wants to detect the Prices crude should be sold to him which is against the principle of world best practice. He wants the Bonny Light crude to be given to him at a rate he wants and wants the NUPRC to selfishly comply with his selfish agenda to force the IOCs to be giving him all the Bonny Light crude oil forgetting it’s a willing buyer-willing-seller relationship.

“More of our findings show he wants NMDPRA not to license anyone else to bring in product. They said no! He blackmails them and is trying to incite Nigerians against NMDPRA, that they are giving license to marketers who bring in substandard products into the country.

“We are calling on the National Assembly to make public the Laboratory results from his own refinery to the public because information we are getting from different quarters shows the Product is substandard.

“We know Mr Dangote has been operating all his life in an industry that doesn’t have regulation, but the Oil/Energy industry has rules and regulations. He should come down from his horse so all parties can work for the interest of our nation unless he has an ulterior motive of trying to scuttle the administration of Renewed Hope agenda of President Bola Ahmed Tinubu.

“In specific terms, We stand to make it clear to the public that the Nigerian Government is only after Excellence. Dangote should be a yardstick of quality and stop parading up and down for his selfish desire. We demand that Dangote apologizes to the government and other business competitors for deforming their character or face the law.

Next Post
EndBadGovernance: Obi backs protest, reveals sponsors

EndBadGovernance: Obi backs protest, reveals sponsors

More Articles...

Focus on ICT for future careers, Glo urges girls

Focus on ICT for future careers, Glo urges girls

May 20, 2025
Bridgewater Associates and Global Citizen launch ‘Forecasting the Future: A Modern Economics Challenge’

Bridgewater Associates and Global Citizen launch ‘Forecasting the Future: A Modern Economics Challenge’

May 20, 2025
Qualcomm announces shortlisted startups for Qualcomm make in Africa 2025

Qualcomm announces shortlisted startups for Qualcomm make in Africa 2025

May 20, 2025
Best Pan-African Bank for SMEs’ recognition highlights Stanbic IBTC Bank’s commitment to empowering SMEs in Nigeria

Best Pan-African Bank for SMEs’ recognition highlights Stanbic IBTC Bank’s commitment to empowering SMEs in Nigeria

May 20, 2025
Access Bank UK Polo Day holds to raise funds for education

Access Bank reaffirms commitment to Diaspora Financial Inclusion, commends launch of NRBVN platform

May 20, 2025
The Singleton: Crafting moments that matter – a look back at The Singleton Escapes

The Singleton: Crafting moments that matter – a look back at The Singleton Escapes

May 20, 2025

STANBIC IBTC ADVERT

About Us

Themomentng.com is an online community of reporters and social advocates dedicated to bringing you features, news reports by Africans, but from a global perspective.

Contact Us

+447771081433
+2348051966180(WhatsApp/SMS Only)
Email: themomentng@gmail.com

Categories

  • Business
  • Education
  • Entertainment
  • Events
  • Featured
  • Food
  • Foreign
  • Health
  • Interviews
  • Life and Styles
  • Metro
  • Motoring
  • News
  • Opinion
  • Politics
  • Religion
  • Society
  • Sport
  • Technology
  • Top Story

Follow Us

Facebook Twitter Instagram

Copyright © Themomentng.com. All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Business
  • Entertainment
  • Interviews
  • Life and Styles
  • Sport