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NNPCL, Others Give Nigeria Economy Clean Bill of Health, Say PH, Kaduna Refineries Begin Production August, December
The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPCL), Mele Kyari has declared that the Port Harcourt refinery will begin to deliver refined petroleum products in August while that of Kaduna and Warri will commence by December, just as he insisted that they were not lying to the nation.
Kyari, who spoke on Monday, in Abuja when he appeared before Senator Sani Musa, APC, Niger East led National Assembly joint Senate and House of Representatives Committee on Finance during an emergency session on the state of the economy, assured that by the end of the year, Nigeria will be a net exporter of petroleum products.
Recall that Mele Kyari had said in March this year shortly after meeting with the Senate Ad-hoc Committee on Turnaround Maintenance of the country’s four refineries that the Port Harcourt refinery will begin to deliver refined petroleum products in two weeks. He had disclosed then that the rehabilitation of the refinery had been completed, having passed its “completion mechanical” procedure.
The NNPCL Chief Executive Officer opened up yesterday when the Senator said, “Thank you, Group CEO. We have not reached the questions and answers session. For the benefit of the press that is here, I know that they are very keen to know if we will start our domestic production from our refineries that have been refurbished. So if you can just give a word on that, then we now excuse the press so that we can go on to the closed session.”
Kyari said, “Yes, I’m aware that there are several comments in the public space around refining business and domestic production, including production that will come from the commissioned Dangote refinery. Yes, this country, as we have said, will be a net exporter of petroleum products by the end of this year.
“We are very optimistic that by December this country will be a net exporter. That means a combination of production coming from us, and also from the Dangote refinery and other smaller producing companies that we know are in line to do this.
“So I can confirm to you, Mr. Chairman, that by the end of the year, this country will be a net exporter of petroleum products.
“And specific to the NNPC refinery. As you recall, and we have spoken to a number of your committees, it is impossible to have the Kaduna refinery come into operation before December, it will get to December. Both Warri and Kaduna.
“Let me explain this very clearly. We did have mechanical completion of the Porth Harcourt refinery, which means that every technical work that is required to get the refinery to work has been completed. This is what we announced December last year, if you recall.
“Once you are mechanically completed for an existing refinery, even for new ones, there are several technical steps that you have to take when you are introducing hydrocarbon into this plant. It is only then that you will see the real challenges of even a new refinery. And I can confirm to you today that we have gone through this.
“We are already introducing hydrocarbon under a hot situation, that’s what we call it. And I’m very sure that latest by early August, the Port harcourt refinery will start producing products.
“And of course, the new one will get to December. And Warri will also be in production. I’m very optimistic. I don’t have any confirmation at this moment, so that nobody quotes me and says, oh, you keep lying. No, we’re not lying to you, Mr. President. This is a technical process.
“We do our best of intention. You can put debts on a refinery start-up, but it is when you get to start-up that you see the real challenges, even for a new refinery. As you can see, even a new, porthacouurtģ refinery, it really has to take steps and processes to get it to full operationality.
“This is very normal in a refinery operation. So we don’t put hard debts on it because there are things that you are never in control. Otherwise, I can confirm to you that we are taking every step to make sure that it works.”
In their remarks, the Governor of Central Bank of Nigeria, CBN, Olayemi Cardoso who was represented by his Deputy, Economic Policy Directorate, Muhammad Sani Abdullahi, the Minister of Budget and Economic Planning, Senator Atiku Bagudu all agreed that with the ailing economy situation, Nigeria is emerging stronger.
The CBN particularly said that Nigeria was emerging stronger from her economic malaise.
In his remarks, Chairman of the Committee, Senator Musa, who urged Nigerians to persevere, said that the indicators are showing that the economy was doing well.
Senator Musa said, “at least we heard from the Honorable Ministers that are here. We also heard from the group CEO and the representative of the government of the central bank. And all that we have all heard, we are all on the same path.
“It is about economic growth. It’s about how we can get our policies to work. How we will support Nigerians.
“The National Assembly is very concerned because we are the representatives of the people. And we are obliged to ask what is happening. And this is the reason (why) such a meeting is very important.
“And we have heard from them. At least they have given us a preamble of the activities going on. On how our economy can get back on track.
“You are all aware of the obstructions our economy has had in the previous years. And it’s not going to be easy that overnight, in 365 days or in one year of the coming administration, things will change. It will be gradual.
“And I believe that Nigerians will persevere. This is the only time we can all come together as Nigerians to give His Excellency the President all the needed support. To get us out of all the trouble we have been.
“And you can see the indicators are showing that the economy is doing well. The only thing is that things are a bit difficult because it’s not easy for inflation that has gone up to go down like that. It takes time.
“There are some indices, there are some indicators that have to work together. It’s not like having positive and negative cables. When you put the two together, you will achieve what you want to achieve.
“But when you say, okay, everything should go negative, it will not work. So we have had negativities in the economy. And now we are trying to bring the positivities to work.”
Vanguard
The Independent National Electoral Commission (INEC) has declared the All Progressives Congress (APC) candidate, Biodun Oyebanji, winner of the 2026 Ekiti State governorship election.
Oyebanji secured a landslide victory, polling 319,224 votes to defeat his closest challenger, the Peoples Democratic Party (PDP) candidate, Dr. Wole Oluyede, who garnered 40,543 votes. The African Democratic Congress (ADC) candidate, Dare Bejide, came a distant third with 12,872 votes.
The election, held across all 16 local government areas of the state, was overshadowed by reports of irregularities and widespread allegations of vote buying, drawing strong condemnation from observers.
The official results were announced on Sunday morning by the Chief Returning Officer, Professor Adenike Oladiji, who declared Oyebanji duly elected after meeting the constitutional requirements.
In her declaration, Professor Oladiji stated: “I, Professor Adenike Oladiji, hereby certify that I am the Returning Officer for the Ekiti State Governorship Election held on June 20, 2026, and that the election was conducted in compliance with the provisions of the law. Biodun Abayomi Oyebanji of the All Progressives Congress, having satisfied the requirements of the law and scored the highest number of valid votes cast, is hereby declared the winner and returned elected.”
Source: Reuters
Arise Television anchor, Rufai Oseni, has alleged that there may be attempts to prevent key opposition figures, including Peter Obi and Atiku Abubakar, from appearing on the ballot for the 2027 general elections.
Oseni’s remark followed a Federal High Court judgment ordering the de-registration of some political parties.
Justice Peter Lifu of the Federal High Court in Abuja, on Monday, ordered the Independent National Electoral Commission (INEC) to deregister the African Democratic Congress (ADC), Accord Party (AP), Action Peoples’ Party (APP), Zenith Labour Party (ZLP), and Action Alliance Party (AAP) over alleged constitutional breaches.
The judgment arose from a lawsuit filed by the Incorporated Trustees of the National Forum of Former Legislators (NFFL), which argued that the affected parties failed to meet constitutional and statutory electoral performance requirements necessary for continued recognition as political parties.
Justice Lifu subsequently barred INEC from recognising the affected parties, accepting nominations from them or permitting them to participate in activities related to the 2027 general elections.
The ruling, if upheld, could affect the political ambitions of several politicians, including former Vice President Atiku Abubakar, who is the ADC presidential flag-bearer, and Osun State governor Ademola Adeleke, who is seeking re-election on the platform of the Accord Party.
But speaking on Arise TV’s Morning Show on Tuesday, Oseni described the court ruling as a “test” of public reaction, warning that more actions could follow ahead of the next general election.
According to him, opposition parties such as the African Democratic Congress, ADC, and the Nigeria Democratic Congress, NDC, should be cautious, claiming that efforts could be made to stop major figures from participating in the election.
Oseni argued that the judgment was part of a broader process aimed at shaping the political landscape ahead of 2027.
He maintained that the ruling came despite some of the affected parties having recorded electoral victories in recent elections.
He warned that Nigerians must remain vigilant to safeguard the country’s democracy, stressing the need for judicial reforms alongside efforts to tackle insecurity.
Oseni said: “NDC, ADC should be careful because there will be attempt, and this is me predicting now, to ensure that Obi, Atiku and other big contenders are not on the ballot.
“This that you saw yesterday is just a test. This is not the real place where the whole thing is going. This is me predicting now.
“You know before you have a show you test the microphone. They want to see the reactions of Nigerians. More is still coming.
“You can see how they carry a judgement when ADC won two House of Representatives seats in Kogi, one Kogi House of Assembly seat, APP one chairmanship seat in Jigawa, Zenith Labour party won several seats in Abia, but they still went ahead and issued judgement for deregistration after the Court of Appeal, a higher court, said it should stay on that.
“If we want to deal with this judicial rascality, can I tell you something? The judge that gave this judgment, nothing will happen to him. Nothing on this earth. They are just coming.
“And who is leading this group? Gbajabiamila. Have you forgotten what Gbajabiamila said on Hon Ajibade’s birthday? So they are just coming. This one is just a test. The next one they will do is the NDC.
“With the way they’re going, if Nigerians don’t shine their eyes when they will finally have this election, you will not have the major contenders in the ballot. This thing they have just done is to test reactions from Nigerians.
“I saw this thing coming. You know we are going into an election in which Atiku Abubakar is the only major candidate from the North. It’s not like the last one you have Kwankwaso that can split the Kano votes. And you have Peter Obi and general consensus that a lot of people are in abject penury, insecurity is raging hard.
“This is the beginning of many things. They are just testing the microphone. It’s engineered. More is coming. Nigerians, it is you that will save your democracy. Judicial reforms have become so important as insecurity in Nigeria.”
