Business & Economy
Fuel Hike:HURIWA carpets DANGOTE Refinery’s monopoly for fluctuating high costs of fuel* *Criticies FGN for allowing Nigerians to suffer untold hardships caused by artificial increment in fuel prices.
By George Mgbeleke
Prominent pro-democracy and civil rights advocacy group HUMAN RIGHTS WRITERS ASSOCIATION OF NIGERIA (HURIWA) has attributed the apparent and absolute monopoly of the Dangote refinery in the country for the constantly fluctuating exorbitant and absolutely unaffordable pump price of petrol which is now pegged at N1,400.
In a statement signed by its National Coordinator,Comrade Emmanuel Nnadozie,HURIWA wondered why officials of NNPCL that robbed the country of billions of dollars in fake maintenance and turn around of the 5 dysfunctional publicly owned Refineries in the last 10 years under All Progressives Congress government are not jailed and the stolen money recovered.

HURIWA stated that it is miffed that the Indigenously owned modern crude oil refinery which millions of Nigerians have always supported and prayed for, has turn out to become the most traumatising agent of poverty and that the diminishing ability of millions of Nigerians to enjoy their constitutionally guaranteed fundamental rights including freedom of movement, Right to life and the Right to the dignity of the human person created by the acute incapacity of millions of Nigerian Households to afford the high costs of petrol to power the electricity energy needs of these households that are cut off from the poorly performing national grid, should be blamed on the monopolistic stranglehold of Nigeria by Dangote Refinery created by government’s tolerated heists of public funds by officials of NNPCL.
The Rights group said it is baffling that even in the earliest days of the USA/ISRAEL versus IRAN war, Nigerians were already been subjected to high costs of fuel even when it is notorious that the only bulk supplier of fuel all across Nigeria that maintains an irresistible monopoly the Dangote Refinery received their supplies of crude oil from Nigeria and the company reportedly paid in Naira denomination. “So how was Dangote Refinery charging Nigerians for their fuel supplies as if the company depends on crude oil from Iran for their refining business in Nigeria?”
Besides, HURIWA wondered how come as soon as the meaningless war in the Gulf region (Iran) started, the Dangote Refinery already positioned itself to maximise profits at the grave costs of poor Nigerians most of whom must move from place to place for their essentials and for their survival. “HURIWA is miffed that it is becoming increasingly difficult for millions of Nigerians to survive and conduct their economic, social and religious activities seamlessly given the unaffordable costs of fuel created by the Dangote Refinery monopoly in Nigeria. NIGERIANS IN THEIR MILLIONS ARE CHOKING TO UNTIMELY DEATHS BECAUSE OF HIGH COSTS OF FUEL, DIESEL AND KEROSENE.
HURIWA criticises the government for allowing Dangote Refinery to maintain a monopoly to such a bad extent that
Nigeria, Vietnam have highest fuel price hikes worldwide amid Iran, US-Israel war
The Rights group in a media statement by COMRADE EMMANUEL NNADOZIE ONWUBIKO the National Coordinator of HURIWA lamented that Nigeria and Vietnam have seen the highest increases in fuel pump prices worldwide since the February 28, 2026, war escalation between Iran and the United States-Israel in the Middle East.
The conflict, which entered its 19th day on last weekend, has led to a surge in crude oil prices, by extension impacting domestic fuel prices across economies.
Media reports that since the Iran-US-Israel conflict, the Gulf region has been in turmoil, leading to disruption in trade in the Strait of Hormuz and Middle Eastern energy facilities.
Recent data from Investinsight, a United Kingdom-based firm, said Vietnam and Nigeria recorded the highest increase in gasoline prices, with 50 percent and 40 percent hikes, respectively, since the war began.
According to the data, Australia, the United States, Singapore, Germany, Spain, Canada, and China trailed behind Vietnam and Nigeria with between 17.2 and 10 percent fuel price hikes within the period under review.
Meanwhile, Colombia, Brazil, India, and Russia have between -3.1 percent and 0.4 percent hikes in petrol price to pass for the countries with the gasoline price increment, according to Investinsight.
Local media in Nigeria reports that in the past 19 days, Nigeria’s fuel price has skyrocketed to between N1,261 and N1,330 per liter in Abuja and environs, up from between N875 and 900 per liter.
This represents between a 44 percent and 48 percent fuel price hike.
The petrol price increment came after Dangote Refinery hiked its gantry petrol price to N1,175 per liter, up from N799 per liter before the war, amid rising crude oil prices, which topped $100 per barrel as Middle East supply collapsed.
HURIWA blames Dangote Refinery and government of Nigeria entirely for subjecting our citizens to these untold hardships just as the Rights group said because the proprietor of the sole functional refinery is the poster boy of the Tinubu’s administration, the company has been allowed to play poker with the sensibilities of Nigerian fuel consumers.
Business & Economy
Bayelsa Assembly Hopeful Unveils Blueprint On Human CapitL development
By David Owei,Bayelsa
Standard bearer of the Peoples Democratic Party (PDP) for Ogbia Constituency one in the 2027 elections into the Bayelsa State House of Assembly, Hon. Whoknows Azibola Odoko has said he would focus on human capital development, amongst others if he is elected into the State legislature.
Odoko stated this during a chat with Journalists in Yenagoa, the state capital yesterday.
Our source gathered that ex-President Jonathan is also a constituent of the Ogbia constituency one.
He said the era of voting for candidates who abandon constituents upon their elections was over, noting that there was nothing better than empowering and building constituents so that they can eke out a living for themselves.
The assembly hopeful averred that if elected, he would amongst other empowerment programmes roll out an educational support scheme for the training and retraining of his constituents.
He also pledged to facilitate the provision of jobs for constituents who have the requisite skills and credentials for employment, saying that under his stewardship as a lawmaker the constituency will heave a sigh of relief.
Speaking on the crisis rocking the PDP, the party’s candidate noted that all the major political parties in the country have their own share of problems, emphasizing that the Peoples Democratic Party would emerge stronger and more united on or before the 2027 polls.
He said: I’ll win the election. My popularity cut across party lines in the constituency and beyond. My teaming supporters are ready and willing to convert the goodwill I enjoy from across the constituency into votes for me come 2027.
“Upon my election I’ll institute an aggressive empowerment scheme in education, jobs creation and employment generation for my constituents.
“The era of electing candidates who don’t have anything to offer to the constituency is over”.
Business & Economy
Senate approves N2.285trn FCT 2026 Budget ……Allocates 76% to capital projects
By George Mgbeleke
The Senate on Thursday passed the 2026 Statutory Appropriation Bill for the Federal Capital Territory, (FCT) approving a total expenditure of N2.285 trillion for the administration and development of Abuja.
The approval was sequel to the presentation of the harmonised report of the Senate and House of Representatives Committees on the FCT during plenary.
Vice Chairman of the Senate Committee on FCT, Senator Austin Akobundu, presented the report on behalf of Committee Chairman, Ibrahim Bomai.
According to Akobundu, the budget is based on a projected revenue estimate of N2.385 trillion as it allocates N165.7 billion to personnel costs, N378.2 billion to overhead expenditure, and N1.741 trillion to capital projects across the territory.
He said 76.19 per cent of the total allocation is devoted to capital expenditure, while recurrent expenditure accounts for 23.8 per cent.
The appropriation, he added, complied with constitutional provisions and followed extensive consultations between the joint committees and officials of the Federal Capital Territory Administration.
“The committees met with the minister and other relevant officials of the FCTA and deliberated extensively on the subject matter,” Akobundu said.
Lawmakers described the budget as balanced and development‑oriented, with potential to accelerate infrastructure growth and improve security in Abuja and its satellite communities.
Deputy Senate President Barau Jibrin commended the proposal, calling it “top notch” and reflective of a strong commitment to infrastructural transformation in the FCT.
“Mr President, the budget is top notch. You know, I am the only one in the history of the legislature in this country that had the opportunity to serve as chairman of the appropriation committee in the House and in the Senate. So when I see a good budget I know it’s a good budget.
“A budget that has a total of N2.2 trillion and out of this, N1.7 trillion is going for capital shows his willingness and determination to continue to position FCT to the admiration of all,” he said.
Also contributing, Senator Abdul Ningi also described the budget as well‑packaged and balanced, noting that it addressed observations raised by the Senate Committee on the FCT during earlier budget reviews.
In his remarks, the Senate President Godswill Akpabio commended the committee for a job well done and urged the FCT Minister, Nyesom Wike not to relent in the development of the Territory.
Business & Economy
NNPC SCANDAL: HURIWA Blasts EFCC, ICPC, NASS, Presidency Over “CRIMINAL SILENCE” …….AS “Billions Vanish Without Accountability”
By George Mgbeleke
The Human Rights Writers Association of Nigeria (HURIWA) has expressed outrage, anger, and deep national embarrassment over the staggering failure of Nigeria’s anti-graft institutions and political leadership to act decisively on the monumental waste and alleged corruption surrounding the Nigerian National Petroleum Company Limited.
It is a massive national shame that despite over $2.4 billion reportedly sunk into the so-called Turnaround Maintenance of the Port Harcourt and Warri refineries, there is little to no tangible result to justify such colossal expenditure. Yet, those responsible walk free, uninvestigated, and unprosecuted.
In a statement signed by HURIWA’s National Coordinator Comrade Emmanuel Nnadozie Onwubiko, the group unequivocally condemned what it describes as the disgraceful inertia of the Economic and Financial Crimes Commission (EFCC) and the Independent Corrupt Practices Commission (ICPC), which have failed woefully in their statutory duties to arrest, investigate, and prosecute those indicted in this apparent economic sabotage.
“Why are the officials responsible for this monumental waste not in jail?” HURIWA demands.
“What exactly are the EFCC and ICPC waiting for? Must Nigerians continue to tolerate impunity of this scale?”
Even more disturbing, HURIWA accuses the National Assembly of Nigeria of turning what should be a serious probe into a political charade designed to generate campaign slush funds rather than deliver justice.
“Otherwise, how do we explain the endless hearings without consequences? Why has no single high-profile conviction emerged from these investigations?” the group queried.
HURIWA did not spare the Presidency, holding Bola Ahmed Tinubu accountable for what it described as a “deafening silence and unacceptable inaction” in the face of what it called one of the most brazen financial scandals in Nigeria’s recent history.
“This administration cannot continue to look the other way while public wealth is looted in broad daylight. The President must act—decisively and immediately—or risk being seen as complicit,” the statement added.
The association warned that history would deliver a harsh verdict on all institutions and individuals who have failed to act.
“Posterity will judge this National Assembly harshly for what appears to be a dangerous connivance with corrupt elements within the NNPC to drain public resources meant for national development,” HURIWA declared.
HURIWA further described the latest move by the Nigerian National Petroleum Company Limited to enter yet another agreement with foreign partners as “a suspicious recycling of failed strategies,” insisting that without accountability, no reform can succeed.
The group, however, commended prominent industrialist Aliko Dangote for what it described as his courage in consistently speaking out against systemic corruption in the oil sector.
“At a time when many have chosen silence, Dangote has shown uncommon patriotism by drawing national attention to the rot in the system. His voice reflects the frustration of millions of Nigerians,” HURIWA noted.
HURIWA therefore demands:
Immediate arrest and prosecution of all officials linked to the failed refinery rehabilitation projects;
A transparent forensic audit of all funds spent on refinery maintenance;
Public disclosure of all contracts, contractors, and payment structures;
Immediate overhaul of anti-corruption agencies for failure to act;
An end to what it termed “legislative theatrics” in place of real accountability.
“Nigeria cannot continue like this. This culture of impunity must end. The looting of public wealth must stop. The time for action is now,” the statement concluded.
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