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NNPC Has Stopped Importing Refined Petroleum Products – Kyari
The Nigerian National Petroleum Company (NNPC) Limited has announced that it has stopped importing refined petroleum products.
Speaking at the 42nd Nigerian Association of Petroleum Explorationists (NAPE) annual international conference and exhibition in Lagos, NNPC Group Chief Executive Officer (GCEO) Mele Kyari confirmed that the company is now sourcing fuel exclusively from domestic refineries, including the Dangote Petroleum Refinery.
“Today, NNPC does not import any product, we are taking only from domestic refineries,” Kyari stated, highlighting the shift towards a locally sourced supply chain.
In a recent deregulation move, the federal government ended NNPC’s sole off-taker role, allowing other marketers to purchase directly from local refineries. Addressing claims that the NNPC was not supportive of local refineries, Kyari refuted the notion, emphasizing the company’s commitment to domestic refining.
“We are very proud part-owners of Dangote refinery, no doubt about it,” he said. Kyari explained that NNPC’s decision to supply local refineries was based on strategic business insight. “We saw an opportunity that there is a clear market for at least 300,000 barrels of our production; we know that as time moves on, people will start struggling to find markets for their production. Therefore, we saw an opportunity to log supply to the domestic refinery, not just Dangote but any other refinery that operates in the country.”
Addressing calls for Nigeria to fully domesticate its oil, Kyari pointed out that Nigeria’s crude is often blended with lower-quality crude in the global market. “We should never forget that Nigerian crude is ’Lamborghini crude,” Kyari said, explaining that if all domestic products were derived from high-quality Nigerian crude, it would impact pricing. “Everybody buys Nigerian crude and blends it with dirtier crude to process… no one takes Nigerian crude except one or two refineries that I know.”
Kyari further commented on quality concerns, suggesting that product quality is relative. “You are driving a Keke-Napep and you want Lamborghini fuel, you do not need it. So, the quality issue is a relative thing… we will do everything possible to make sure that we domesticate this.”
The NNPC GCEO also dispelled rumors that the company was reluctant to sell crude to Dangote in naira, refuting claims of sabotage. “There are too many claimants out there, that the NNPC does not want to sell crude to the refinery in naira as a form of sabotage. Far from it!” he said. Kyari explained that selling in naira would be a neutral transaction, adding, “It’s a net zero gain. You lose nothing, you probably gain nothing.”
Kyari praised President Bola Tinubu for backing this approach, noting that settling such transactions domestically would reduce foreign exchange (FX) pressure on the naira. “If you stop the import and sell in naira, what you are simply doing is just a substitution… you would have controlled inflation, and you would have controlled the FX pressure because we would have settled the exchange rate for 50 percent of your imports.”
News
Court Sets Feb 25 For El-Rufai’s Arraignment In DSS Cybercrime Case
The Department of State Services (DSS) will arraign former Governnor of Kaduna state, Nasir El-Rufai, on February 25 over alleged cybercrime and breach of national security.
Justice Joyce Abdulmalik of the Federal High Court has fixed the date for the arraignment of the former Governor on a three-count criminal charge filed by the Department of State Services (DSS) after the Chief Judge, Justice John Tsoho assigned the case to her.
NAN earlier reported that the DSS, on Monday, filed a three-count criminal charge against El-Rufai following his alleged involvement in wiretapping the telephone lines of the National Security Adviser (NSA), Mallam Nuhu Ribadu.
The charge, instituted by the Nigerian secret police, is marked FHC/ABJ/CR/99/2026.
The service accused El-Rufai of breaching the Cybercrimes Prohibition Act (2024) and the Nigerian Communications Act (2003.)
In court, El-Rufai was alleged to have, on Feb. 13, while appearing as a guest on Arise TV station’s Prime Time Programme in Abuja, admitted during the interview that he and his cohorts unlawfully intercepted the phone communications of the NSA, Mr Ribadu.
The offence is said to be contrary to and punishable under Section 12(1) of the Cybercrimes (Prohibition, Prevention, etc.) Amendment Act, 2024.
News
Maureen Badejo To Appear Before Federal High Court Tomorrow On Defamation, Cybercrime Charges
Maureen Omorinola Badejo is scheduled to appear before the Federal High Court sitting in Ikoyi, Lagos, on February 20, 2026, following charges filed by the Inspector-General of Police over allegations bordering on defamation, cyberstalking, and related offences.
The charges arise from online publications made in November 2021, in which Ms. Badejo allegedly transmitted statements and videos on YouTube and Facebook concerning Apostle Johnson Suleman and his associate Dickson Omodiale Osajie.
According to the charge sheet, the prosecution alleges that:
Ms. Badejo conspired with others to publish defamatory content against Apostle Suleman.
She allegedly portrayed him as a cultist, rapist, assassin, ritualist, and other criminal labels, knowing the claims to be false.
She is accused of sending false messages via computer networks intended to cause annoyance, hatred, intimidation, and injury to reputation.
Additional allegations state that defamatory statements were also made against Mr. Dickson Osajie, claiming involvement in crimes such as rape and ritual killing.
Authorities further allege that the publications caused fear for safety and threatened bodily harm to the complainants.
The offences cited fall under provisions of the Criminal Code Act (Cap C38, Laws of the Federation of Nigeria, 2004) and the Cybercrimes (Prohibition, Prevention, etc.) Act, 2015.
The case follows a formal petition submitted to the Nigeria Police Force by Mr. Osajie, who alleged persistent cyberstalking, harassment, invasion of privacy, threats to life, and dissemination of false information affecting himself, Apostle Suleman, and their families.
Statement from Maureen Badejo
Ms. Badejo maintains her readiness to face the court and present her defense, expressing confidence in the Nigerian judicial system to ensure fairness and justice.
“I will appear in court as required and trust that the truth will prevail through due legal process,” she stated.
However Ms. Badejo is expected to be formally arraigned before the Federal High Court in Ikoyi, where the charges will be read and she will enter her plea.
News
Rivers Assembly Suspends Impeachment Move Against Fubara After Tinubu’s Intervention
The Rivers State House of Assembly has officially suspended impeachment proceedings against Governor Siminalayi Fubara and his deputy, Ngozi Odu, following President Bola Tinubu’s intervention.
The House moved the motion to halt the impeachment process on Thursday at its resumed sitting in Port Harcourt, the state capital.
JomogNews had reported that during its first sitting of 2026, the House had begun impeachment proceedings against the governor and his deputy over allegations of gross misconduct, including the demolition of the State Assembly complex and alleged spending without legislative approval, among other claims.
More details later….
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