Breaking The Bondage Of Oil Cabals In Nigeria

All the bickering by the NNPCL and Tinubu’s government boils down to a battle of Appropriate pricing of Petroleum products in Nigeria; breaking the bondage of oil cabals in Nigeria; and putting a permanent stop to oil subsidy payments to criminal petroleum products importers for subsidy payments; conserving foreign exchange for Nigeria; creating value for money; and opening up the nation’s oil and gas sector to new and credible entrants.
The fight is real. It is about who controls Nigeria’s oil and gas sector in the 21st century. Dangote refinery took them unawares and the cabal is not ready to give up without a dirty fight by conspiracies and sabotage.
In all these back and forth exchanges between Dangote Refinery and the NNPC, why has President Tinubu not uttered a word to at least douse tension and reassure Nigerians of his sincerity and neutrality in all the fiery darts that’s been flying around?
Nigerians are not all fools! How do you explain that in October 2022 the NNPC Retail Limited bought Oando filling stations and assets for over USD324 million and by August 2024, the same NNPC Retail Ltd, dissolves itself and hands over its affairs to OVH, owners of the same Oando? And then by September 2024, the NNPC is the sole buyer of Dangote Petrol and sole determinant of how much Nigerians in different parts of the country pay for a litre of petrol.
Is it not clear who the real wholesale off-taker/buyer of the petrol coming out from Dangote Refinery is? Is it not NNPC Retail?
And who is NNPC Retail that is now deciding how much Nigerians pay for Dangote petrol? Is it not Oando?
So except there is something we don’t yet understand very well, the winner in this shameful dance is Tinubu the petroleum minister and owner of Oando/OVH and the losers are Nigerians including those who think they are better off than the majority of the masses. And I pray for NNPC: May you not abandon your three and half Refineries to become a fuel Marketer/Distributor, Amin!
– Ifeanyi Izeze.