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Dangote Refinery Begins Distribution of PMS Sunday – Minister

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The Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, says the Dangote Refinery will begin the distribution of Premium Motor Spirit (PMS) on Sunday.Edun, who was represented by the Executive Chairman, Federal Inland Revenue Service (FIRS), Dr Zacch Adedeji, said this at a news conference in Abuja on Friday.

“I am glad to announce that all agreements have been completed and loading of the first batch of PMS from the Dangote Refinery will commence on Sunday, Sept.
15.“From Oct. 1, NNPC Ltd. will commence the supply of about 385kbpd of crude oil to the Dangote Refinery, to be paid for in Naira. In return, the Dangote Refinery will supply PMS and diesel of equivalent value to the domestic market, to be paid in Naira.
“Diesel will be sold in Naira by the Dangote Refinery to any interested off-taker. PMS will only be sold to NNPC, NNPC will then sell to various marketers for now,” he said.Edun said that all associated regulatory costs (NPA, NIMASA, etc.) would also be paid for in Naira.“We are also setting up a one-stop shop that will coordinate service provision from all regulatory, and security agencies, and other stakeholders to ensure a smooth implementation of this initiative. This will be located in Nigeria Ports Authority (NPA). Lagos.“The technical committee that worked to flesh out this initiative will transition to an implementation execution and monitoring committee that will be working out of Lagos for the next three to six months,” he said.Edun recalled that the Federal Executive Council (FEC) , under the leadership of President Bola Tinubu, approved the sale of crude oil to local refineries in Naira and corresponding purchase of petroleum products in NairaHe said that the initiative would help reduce pressure on the Naira, eliminate unnecessary transaction costs, and improve availability of petroleum products in the country.The minister said that the implementation committee chaired by him, and the other technical committee had worked intensely with NNPCL and Dangote Refinery, to fashion out the details of the modalities for the implementation of FEC approval.“We would sincerely like to thank President Tinubu for championing this novel initiative and assure him that he can count on us to implement his vision.“I will also like to thank everyone for the hardwork and patriotism exhibited over the last couple of weeks,” he said.Report says that Edun chaired the presidential committee on the sales of crude oil and refined products for domestic consumption in Naira. (NAN)

JUDICIARY

Court Remands Man for Alleged Defilement of Minor

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 An Ikeja Sexual Offences and Domestic Violence Court on Thursday remanded a man, Erickson Iyanagbe for allegedly defiling a 15-year-old minor (names withheld).

Iyanagbe was arraigned by the Lagos State Government on a one-count charge of defilement.

The defendant, whose residential address was not given, however, pleaded not guilty to the charge.

Justice Abiola Soladoye ordered the the remand of the defendant at the Kirikiri Correctional Centre pending the commencement of trial and determination of the case.

Soladoye adjourned the case until July 9 for the commencement of trial.

The State Counsel, Mrs Ibukun Ibikunle told the court that the defendant allegedly committed the offence sometimes in 2023 on Chosen Avenue, Greenville Estate in Ajah, Lagos.

Ibikunle alleged that the defendant defiled the minor by having an unlawful sexual intercourse with her.

The
prosecutor said the offence contravened Section 137 of the Criminal Laws of Lagos State, 2015. (NAN)

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CRIME

Court Remands 3 For Alleged Burglary, Theft in Osun

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An Osogbo Magistrates’ Court in Osun,  on Thursday , remanded three defendants in Ilesa Correctional Facility for alleged burglary and theft of household items whose worth was yet to be disclosed.

The defendants, Adewumi Ademola ,Adedokun Isiaka and Abdullahi Hassan are being charged for conspiracy, burglary and theft.

The Magistrate, Mr O.

Odeleye , ordered that the defendants be kept behind bars due to the magnitude of the alleged offence committed.

Odeleye adjourned the case until May 14, pending their formal bail application.

The Police Prosecutor,ASP Jacob Akintunde told the court that the defendants conspired among themselves to broke into  the apartments of Okeyinka Adeniyi M r Olagunju Rilwan between April 24 and May 2 at Abidogun area in Osogbo .

Akintunde alleged that the trio forcefully entered the apartments and took away  some household items worth thousands of naira belonging to the complainants.

He said  the offence contravened sections 516 ,312,213,509,382(1) punishable under section 390 of the criminal code, Cap 34 Vol.11 ,laws of Osun, 2002.

The trio pleaded not guilty to charges

Defence counsels, Mr Najite Okobie and Mr Kehinde Adepoju ,prayed the court to grant their clients bail in the most liberal terms which was declined.(NAN)

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Education

Tinubu Inaugurates Emeka Anyaoku Institute for International Studies in Anambra, Lauds Legacies

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 President Bola Tinubu has lauded Chief Emeka Anyaoku, a diplomat and former Commonwealth Secretary-General for his contributions to good governance, democracy and world peace.

Tinubu made the commendation while inaugurating the Emeka Anyaoku Institute for International Studies and Diplomacy, located inside the Nnamdi Azikiwe University (NAU), Awka.

He described Anyaoku as a “great Nigerian and a patriotic man with commitment to values and nation building”.

According to him, Anyaoku should be commended for promoting democracy, good governance and world peace in the course of his service.

“We must invest in education as it is the greatest weapon against poverty.

We are doing so believing we have leaders like Emeka Anyaoku.

“Here is a man who helped tremendously to bring about constitutional democracy, freedom and stability.

“His patriotism is boundless. His commitment to values and nation building is invaluable. I’m glad he is alive.

“I’m glad my friend, Gov. Charles Soludo, his team and many of you are here to honor him, immortalise him and ensure he remains a fulcrum of our learning and intellectual development and diplomacy,” he said.

The president urged the management of the institution to ensure adequate maintenance of the building and its facilities.

Tinubu reaffirmed his administration’s dedication to advancing the education sector.

He said that significant resources had consistently been allocated, especially toward tertiary education.

“Let me divert attention to the Governing Council and Management of the university.

“In recent times, we have had cause to intervene in the affairs of this university and a few others, to arrest what could be described as administrative rascalities.

“My government is committing lots of resources to the education sector and shall not allow wrong use of autonomy to derail us,” he said.

Earlier, the Acting Vice-Chancellor of NAU, Prof. Joseph Ikechebelu, expressed gratitude for the President’s visit to the university.

Ikechebelu praised the President for his intervention to what he described as ‘Administrative rascality’ in 2024.

He also expressed gratitude at the decision to establish the world-class institute within the institution.

“This facility is built by contributions from friends of Anyaoku to immortalise and internalise his diplomatic activities.

“We will ensure the efficient operation of the institute to achieve its primary goal of equipping prospective students with globally recognised principles of peace and conflict resolution.

The Emeka Anyaoku Institute for International Studies and Diplomacy was established to offer degree and certificate programmes in International Relations, Diplomacy, and Peace and Conflict Resolution. (NAN)

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