News
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
How Rivers Women Spread Wrappers For Wike’s Motorcade During Port Harcourt Visit
The Minister of the Federal Capital Territory, FCT, Nyesom Wike, on Saturday visited Port Harcourt City Local Government as part of his “thank you” visit across Rivers State.
Upon his arrival, a group of women displayed a symbolic gesture of loyalty by spreading their wrappers on the ground for his motorcade.
The women and supporters of the Minister were in a jubilant mode as Wike drove on the wrappers.
Wike has been going around local governments in the state to appreciate them for their support while reeling out moves ahead of the 2027 general elections.
In the course of his visits, the Minister had fired several salvos at political actors in the state, warning that their sudden support for President Bola Tinubu won’t secure them any ticket in 2027.
Wike also renewed rivalry with Governor Sim Fubara over the leadership control of the political space in the state.
News
Impeachment Proceedings Against Fubara, Deputy Still Active – Rivers Assembly
The Rivers State House of Assembly has officially reaffirmed that the impeachment proceedings against Governor Siminalayi Fubara and his deputy, Prof. Ngozi Odu, are ongoing and have not been suspended.
The Assembly said the process is still ongoing and is being conducted strictly in line with constitutional provisions.
This was contained in a statement issued on Friday by the Chairman of the House Committee on Information, Petitions and Complaints, Hon. Enemi George.
According to the statement, the impeachment process, which began on Thursday, January 8, 2026, remains on course in line with the 1999 Constitution of the Federal Republic of Nigeria (as amended).
The lawmakers disclosed that separate notices of allegations bordering on gross misconduct have been served on both the governor and his deputy in line with Section 188 of the Constitution.
“The notices of allegations of gross misconduct against the Governor and the Deputy Governor have been duly forwarded to them by the Speaker of the House, Rt. Hon. Martins Amaewhule, and the House is awaiting their responses,” the statement said.
The Assembly maintained that it is constitutionally obligated to act in the interest of the rule of law and ensure that no public office holder acts outside legal boundaries.
Reacting to reports suggesting that the impeachment move had been halted, the House accused some individuals and media outlets of deliberately spreading misinformation to mislead the public and stir tension between the legislature and Rivers residents.
The lawmakers described such reports as false and insisted they would not succumb to intimidation, threats, or blackmail.
“We are aware of renewed attempts by certain persons and media platforms to misinform the public by claiming that the impeachment process has been discontinued. The public should disregard such falsehoods, as the process remains active,” the statement added.
The Assembly reaffirmed its commitment to democratic principles and constitutional responsibilities, stressing that it would not be distracted by what it termed “cheap propaganda.”
It also appreciated the people of Rivers State for their support and prayers amid the ongoing political developments and extended goodwill to Nigerians committed to the nation’s democratic journey.
JomogNews reports that during Thursday’s plenary session, presided over by the Speaker, the Majority Leader, Major Jack, formally read the notice of allegations of gross misconduct against Governor Fubara on the floor of the House.
News
Your Second Coming Was A Chance To Avoid These Political Mistakes – Fayose To Fubara
Former Governor of Ekiti State, Ayodele Fayose, says the second coming to office of the Rivers State Governor, Siminalayi Fubara, after the elapsing of the state of emergency should have made him better.
Fayose’s remarks come as the Rivers State House of Assembly has initiated impeachment proceedings against Fubara as of January 8, 2026.
Speaking in an interview on ‘Politics Today’, a programme on Channels Television on Friday, Fayose said he was removed as governor and went to exile but became a better person upon his return.
Fayose said that President Bola Tinubu hates ingratitude just like any other person else does.
The former Ekiti governor also dismissed the claim that what is happening in Rivers state is politics taken too far.
According to him, the constitution provides rules of engagement for every politician, stressing that it is when one gets out of the rule that he begins to look for public sympathy.
“The coming back of Governor Fubara should have made him a better person .If you made a mistake the first time, the second time you are not supposed to go through that route.
“Politics is a power game. Nobody solves political game for you. With due respect, let me tell you. Fubara is the one enjoying the office of the governor of Rivers state. It’s not the FCT Minister, Nyesom Wike.
“Some people are saying it’s about Tinubu’s election. No! Because Tinubu’s election will come first, don’t forget that. Both Wike and Fubara will all work for Tinubu. Two weeks after, there will be an election for Rivers state,” he said.
-
News2 days agoPanic In Ibadan As Rising Kidnap, Robbery Threats Trigger Official Red Alert
-
Breaking News2 days agoCorruption Battle: Dangote Drags Ex-NMDPRA Boss To EFCC After ICPC Withdrawal
-
Politics2 days agoRivers Crisis: Full List Of 8 Misconduct Allegations Against Governor Fubara
-
News1 day agoImpeachment Proceedings Against Fubara, Deputy Still Active – Rivers Assembly
-
News1 day agoYour Second Coming Was A Chance To Avoid These Political Mistakes – Fayose To Fubara
-
News21 hours agoHow Rivers Women Spread Wrappers For Wike’s Motorcade During Port Harcourt Visit
